Markets

SEBI Launches High-Value E-Auction to Liquidate Life Care Infratech Assets The Securities and Exchange Board of India (SEBI) has initiated a high-stakes e-auction aimed at liquidating immovable property belonging to the defaulter, Life Care Infratech Ltd. This auction forms part of ongoing recovery proceedings related to two certificates issued in 2016 and 2021. The sale is being conducted through an e-auction platform managed by Adroit Technical Services Pvt. Ltd., inviting bids from prospective buyers nationwide.Property Description and Auction Parameters SEBI has listed a significant piece of land for sale: part of Khasra No. 539B & Khasra No. 644, located in Village Bhaukapur, Pragana Bijnore, Tehsil & District Lucknow, Uttar...

Sterlite Technologies Ltd Grants 17,94,800 Stock Options Under ESOP 2016 Sterlite Technologies Ltd has announced the grant of stock options under its Employees Stock Option Scheme 2016 (ESOP 2016). The decision was made by the Nomination and Remuneration Committee of the Board during a meeting held on July 24, 2026.The company granted a total of 17,94,800 options to eligible employees as part of the ESOP 2016 initiative. These options entitle employees to exercise into an equal number of fully paid-up equity shares of the Company. The designated exercise price for each option is Rs. 2/-.The stock options are subject to specific vesting and exercise timelines, as detailed below:DetailSpecificationTotal Options Granted17,94,800...

Max Healthcare Institute's Proceedings Adjourned by NCLT Cuttack Bench until August 4, 2026 The legal proceedings before the National Company Law Tribunal (NCLT), Cuttack Bench, involving Kalinga Hospital Ltd. and Max Healthcare Institute Limited have been adjourned for further hearing.This update relates to petitions, including an interlocutory petition, filed by BRS Capital Two Pte. Limited against Kalinga Hospital Ltd. (KHL). KHL is a subsidiary of Max Healthcare Institute Limited, and the proceedings also involve the company given its acquisition of a majority equity stake in KHL from another shareholder.The case was listed before the Tribunal on July 23, 2026. The outcome of the listing confirmed that the NCLT Cuttack Bench has...

NCL Research & Financial Services Ltd Board Meeting Set to Approve Expansion into Retail Lending Products NCL Research & Financial Services Limited has scheduled a meeting of its Board of Directors to consider significant agendas aimed at expanding its operational scope beyond existing NBFC activities. The meeting is set for Wednesday, July 29, 2026.The primary focus of the board meeting is to review and approve the introduction of several new business activities designed to enhance the company's service offerings in the lending sector. These proposed additions include a range of retail financial products.Key expansion areas scheduled for consideration by the Board include:Digital personal loans Salary-based personal loans...

Nephrocare Health Services to Hold Board Meeting for Q1 Financial ResultsNephrocare Health Services Ltd, which was previously Nephrocare Health Services Private Limited, has scheduled a meeting of its Board of Directors. The board meeting is set for Tuesday, August 11, 2026.The purpose of the meeting is to consider and approve the Unaudited Standalone and Consolidated Financial Results of the company for the quarter that ended June 30, 2026. This event follows a previous intimation provided on June 19, 2026.In connection with this corporate activity, the trading window for the securities of Nephrocare Health Services Ltd has been closed. The restriction applies to all Designated Persons and their immediate relatives, and the...

Pilani Investment and Industries Corporation Announces Cessation of Independent Director A. K. Kothari Pilani Investment and Industries Corporation Limited has announced the completion of the term of Shri A. K. Kothari as an Independent Director, effective July 25, 2026. The company confirmed that his tenure was set to conclude following a five-year period initiated during its 74th Annual General Meeting in September 2021.Shri A. K. Kothari held the position of Independent Director with the corporation for a second consecutive term, which commenced on July 25, 2021, as approved by the members of the Company at their meeting on September 16, 2021. As a result of his completion of this mandated service period, Shri Kothari will cease to...

HCLTech to establish Global Technology Center in Bhubaneswar with Government of Odisha Bhubaneswar and NOIDA, India, July 24, 2026: HCLTech, a leading global technology company, has signed a Memorandum of Understanding with the Government of Odisha to establish a world-class Global Technology Center in Bhubaneswar. The facility is designed to innovate and deliver AI-led digital solutions to global enterprises.The new Technology Center will serve as a key component of HCLTech's strategy in the region and will complement the proposed AI Data Center within the upcoming Odisha Sovereign AI Park. The center is projected to house 5,000 employees and operations are expected to commence by 2028.HCLTech's investment commitment aims not only...

S&S Power Switchgears Lands Order Exceeding ₹8 Crores from Siemens Energy India S&S Power Switchgear Equipment Limited (SSPSE), a wholly-owned subsidiary of S&S Power Switchgear Limited, has secured a significant purchase order valued at more than ₹8 Crores. The contract involves supplying isolators for the KCC Wagdari package in the Maharashtra project, awarded by Siemens Energy India Ltd.This major business development marks a strengthening of the partnership between S&S Power and Siemens. The company is expected to execute this contract during the next financial year.The order details confirm that the awarding entity is a domestic firm, and the scope of work involves the supply of specialized isolators for the specified project...

MSTC Limited Appoints Two New Independent Directors MSTC Limited, a Government of India enterprise, has approved the appointment of two individuals as Non-Official Independent Directors on its Board. The appointments were formalized by the Board of Directors and are effective from July 18, 2026.The appointments include Shri Siraiong Singpho and Shri Niwas Mandal. These decisions follow guidelines set forth by the Ministry of Steel, Government of India. The Board approved the designations for these individuals for a period of three years or until further orders are received, whichever comes first.MSTC Limited confirmed that both Shri Siraiong Singpho and Shri Niwas Mandal are not related to any Director or Key Managerial Personnel of...

AXISCADES Technologies Completes Acquisition of Land from Telangana State Industrial Infrastructure Corporation AXISCADES Technologies Limited has completed the acquisition of a significant plot of land from the Telangana State Industrial Infrastructure Corporation (TSIIC). The transaction involves a parcel of land measuring 32,847 Sq. Mts, situated at IP Hardware Park Phase II, Mamidipally village in Balapur Mandal, Rangareddy District, Telangana.The acquisition was finalized with TSIIC according to the agreed terms and conditions. AXISCADES Technologies Limited intends to use this land for setting up a unit focused on 'Defence Hardware Manufacturing & Article integration unit (without fuel & explosives)'.Details of the transaction...

Shri Vasuprada Plantations to Review Q1 Financial Results at Board Meeting on August 5, 2026 Shri Vasuprada Plantations Ltd, formerly known as Joonktollee Tea & Industries Ltd, has announced that its Board of Directors will convene a meeting to review the financial performance for the first quarter of the fiscal year. The meeting is scheduled for Wednesday, August 5, 2026, and will focus on taking on record the Unaudited Standalone and Consolidated Financial Results for the period ending June 30, 2026.The company’s portfolio includes several tea estates: Joonktollee, Jamirah, Nilmoni, Goomankhan, and Pullikanam. Additionally, the company operates a coffee estate named Cowcoody.This board meeting is set to examine the operational...

Rajratan Global Wire Reports Quarterly Results: Consolidated Revenue Reaches 32,175 Lakhs Rajratan Global Wire Limited has announced its Unaudited Standalone and Consolidated Financial Results for the Quarter Ended June 30, 2026. The results were approved by the Board of Directors during a meeting held on July 24, 2026.The company's consolidated performance showed strong revenue growth. For the quarter ended June 30, 2026, total consolidated revenue stood at 32,175 Lakhs. The standalone results for the same period registered a total revenue of 19,564 Lakhs.In terms of profitability, the consolidated net profit for the quarter was 2,296 Lakhs. Standalone operations generated a net profit of 1,381 Lakhs for the period. Total...

GE Vernova T&D India Announces Board Meeting to Consider Un-audited Q1 Results; Trading Window Remains Closed GE Vernova T&D India Limited, formerly known as GE T&D India Limited, has scheduled a meeting of its Board of Directors to review and approve the un-audited financial results for the quarter ended June 30, 2026.The Board meeting is set to take place on Wednesday, August 5, 2026. The primary agenda item for the gathering is the consideration and approval of the financial outcomes for the period ending June 30, 2026.The company stated that the financial results will be communicated following their approval and official record by the Board of Directors.In addition to the management meeting, GE Vernova T&D India Limited has...

ABB India Ltd. Announces Q2 Results for 2026, Schedules Analyst Conference Call ABB India Limited has set the timeline for the release of its un-audited financial results for the second quarter ended June 30, 2026. The company announced that it will disclose these results on July 31, 2026, and follow the announcement with a dedicated conference call for analysts and investors.The scheduled analyst meeting is set to take place on Friday, July 31, 2026, running from 18:30 to 19:30 hours IST. This session will provide details regarding the company's performance during the April-June 2026 quarter.The following details outline the schedule and access points for the investor briefing:DetailInformationEventAnnouncement of Q2 (April...

Dr. Pamidi Kotaiah passes away; Andhra Petrochemicals reports cessation of Chairman and Director role Andhra Petrochemicals Ltd has announced the sad demise of Dr. Pamidi Kotaiah, a key leader at the company. He served as both the Chairman and a Director of Andhra Petrochemicals Ltd.The company reported that Dr. Pamidi Kotaiah passed away on the night of July 23, 2026.Dr. Pamidi Kotaiah held the roles of Non-Executive and Independent Director. Following his passing, he ceased to be the Chairman and Director of Andhra Petrochemicals Ltd effective from July 24, 2026.Stock Price Movement As of 11:49, shares of Andhra Petrochemicals Ltd are slipping lower, trading at ₹47.55 in a 2.66% decline. The stock continues to show movement...

PTC Industries Receives Development Order from Gun Factory Kanpur for Major Artillery Gun Components PTC Industries Limited has received a development order from Ordnance Factory Kanpur, a unit of Advanced Weapons and Equipment India Limited, for two major artillery gun components. This contract represents a significant step in reinforcing PTC's role within India's defence manufacturing ecosystem.The new order provides the company with further engagement with indigenous artillery gun platforms, building upon its ongoing experience with demanding artillery applications. Artillery systems require specialized components that can withstand severe load, shock, vibration, and operational conditions, making the domestic development and...

Bhagiradha Chemicals & Industries Schedules Board Meeting to Review Q1 Financial Results and Imposes Trading Window Closure Bhagiradha Chemicals & Industries Limited has scheduled a Board meeting to discuss and approve the Un-Audited Financial Results for the quarter ended June 30, 2026. The company also confirmed the closing of its trading window ahead of the results announcement.The Board meeting is set to be held in Hyderabad on Monday, August 03, 2026. The agenda for the meeting includes considering and approving the Un-Audited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026. Additionally, the company will consider and approve the Limited Review Report of the Statutory Auditors on these same...

CCI Keeps Investigation Against InterGlobe Aviation in Abeyance Following Commitment Application InterGlobe Aviation Limited has received an update regarding the investigation by the Competition Commission of India (CCI). The company confirmed that the CCI has placed the Director General's investigation into abeyance after considering its commitment application.The decision, issued by the CCI on July 23, 2026, signifies a procedural development in the matter concerning InterGlobe Aviation Limited. This move follows earlier disclosures related to an order passed by the CCI, which had directed the Director General to investigate the specific matter.In addition to placing the investigation on hold, the CCI has initiated a consultation...

Coromandel International Releases Investor Presentation for Q1FY27 Results Discussion Coromandel International Limited has made available an investor presentation ahead of its upcoming conference call concerning the company's first quarter results for the fiscal year 2027 (Q1FY27).The presentation materials, which discuss the financial performance for the quarter ended June 30, 2026, were uploaded to the company website. The investor meeting is scheduled for July 24, 2026, at 02:30 PM IST.Interested stakeholders can access the dedicated corporate presentation section on the official Coromandel website.COROMANDEL Stock Price Movement At 11:50 AM, Coromandel International Limited's stock is shedding value in live trading, with...

Nath Industries Ltd Schedules Board Meeting to Discuss Q1 Financial Results Nath Industries Ltd, formerly known as Rama Pulp and Papers Limited, has announced that a meeting of its Board of Directors is scheduled for August 12, 2026. The primary agenda item for this meeting will be the consideration, adoption, and subsequent publication of the unaudited financial results for the quarter ending June 30, 2026.The management of Nath Industries Ltd is set to convene the Board meeting to review the company's performance during the first quarter of the fiscal year. The purpose of the gathering is specifically to adopt these interim financial results before they are released to the public.Stock Price Movement As of 11:37, Nath Industries...