Markets

Pan-India Healthcare Giant Manipal Hospitals Sets Sights on Market with Mammoth IPO Bengaluru-based Manipal Health Enterprises is preparing for a major market debut, having announced its maiden public issue. The IPO, which includes a fresh issue and an Offer For Sale (OFS), aims to raise a significant capital amount in the highly competitive healthcare sector.The company is set to open its subscription window on July 29, following a dedicated anchor book opening scheduled for July 28. The primary market offering is anchored at a price band of Rs 560-590 per share.IPO Structure and Key Dates Manipal Health Enterprises plans to raise a total of Rs 9,275 crore through the issue. This target capital includes a fresh equity issue...

Gold Prices Tumble Amid Profit Booking as Crude Oil Rises Ahead of US Federal Reserve Decisions Bullion prices witnessed a marginal dip in early trading on July 24th. The market saw investors booking profits, leading to a slight downturn for gold and silver. This move came against a backdrop of higher crude oil prices and an elevated dollar index.The international spot gold price declined by 0.16 percent. It stood at $4,043.60 per ounce during the morning trade on Comex. Simultaneously, silver dropped 0.46 percent to $57.78 per ounce in global markets.Global Bullion Market Trends The international slowdown is reflecting current investor sentiment. The decline in spot prices signals traders taking profits from recent gains. This...

Automobile Products of India Fined Rs 14,98,600 for Non-Compliance with Public Shareholding Norms Automobile Products of India Ltd has been fined a total of Rs 14,98,600 (inclusive of GST) following an issue related to minimum public shareholding requirements. The fine pertains to non-compliance across the period spanning January 01, 2026, and May 07, 2026.The penalty notice was received by the company from BSE Limited regarding violations of regulations concerning minimum public shareholding in relation to its listing obligations.Automobile Products stated that the management is actively working towards remedying the situation and is currently processing actions required to comply with the minimum public shareholding requirements...

Lord's Mark Industries Limited Allots 7,02,167 Equity Shares via Preferential Issue Lord's Mark Industries Limited announced the preferential allotment of equity shares following its Board meeting held on July 23, 2026. The company approved the issuance of 7,02,167 Equity Shares, each with a face value of Rs. 10/-.The allotment was executed based on Consent Terms dated June 2026 and the Order passed by the Hon'ble High Court of Judicature at Bombay. The court order specifically relates to Commercial Arbitration Petition (L) No. 12942 of 2026, involving Satyaprakash Krishnarao versus Lord's Mark Industries Limited and others.The shares were allotted as a result of the settlement terms, with the issue price set at Rs. 10/- per share...

Belding India Acquires 100% Stake in Evolve IT Solutions to Expand Indigenous Security Technology Capabilities Pune: Diversified engineering and technology company Belding India Limited has announced the acquisition of a 100% equity stake in Evolve IT Solutions Private Limited. This strategic move is set to significantly bolster Belding's capabilities in indigenous advanced manufacturing and security technologies.The acquisition allows Belding, which operates across Battery Energy Storage Systems (BESS), Modular Data Centers, Edge Computing Infrastructure, Power Electronics, Advanced Manufacturing, and Defence Technologies, to establish a strong presence in the growing sector of security screening and critical infrastructure...

Dachepalli Publishers Ltd Schedules Earnings Conference Call for Q1 FY27 Results Dachepalli Publishers Ltd has scheduled an Earnings Conference Call to discuss the Unaudited Financial Results for the Quarter ended on June 30, 2026. The event is set for Tuesday, July 28, 2026, at 04:00 P.M.The conference call aims to provide stakeholders with details regarding the company's performance during the specified quarter.Key Event Details The Unaudited Financial Results pertain to the Quarter ended on June 30, 2026. The meeting will be held virtually.MetricDetailCompany NameDachepalli Publishers LtdFinancial PeriodQuarter ended June 30, 2026Conference Call DateJuly 28, 2026Time04:00 P.M.Speakers and Participants The...

Restaurant Brands Asia Ltd to Host 13th Annual General Meeting on August 20 Restaurant Brands Asia Limited has announced details regarding its Thirteenth Annual General Meeting (AGM). The meeting is scheduled to take place on Thursday, August 20, 2026.The company specified that the AGM will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM).Further details pertaining to the event are planned for release in due course.RBA Stock Price Movement On Thursday, Restaurant Brands Asia Limited shares slipped by 1.85% to settle at ₹64.90. The stock registered a volume of 3.17 million shares as trading concluded for the session.

Mrs. Bhawna Khanna Resigns as Independent Director of Supershakti Metaliks Ltd Supershakti Metaliks Ltd has announced the resignation of Mrs. Bhawna Khanna from her position as an Independent Director, effective from the closure of business hours on July 22, 2026. The company confirmed that the departure was due to personal reasons.Mrs. Bhawna Khanna tendered her resignation in light of these personal circumstances, serving on the Board of Directors at Supershakti Metaliks Ltd.Details concerning Mrs. Khanna's role and professional commitments are summarized below:ParticularsDetailNameMrs. Bhawna Khanna (DIN: 06886294)Reason for ResignationPersonal reasonsCessation DateClosure of business hours on July 22, 2026...

Karronn Naresh Bajaj Acquires 15.57% Stake in Mitshi India Ltd Via Share Purchase Agreement Karronn Naresh Bajaj has entered into a Share Purchase Agreement (SPA) with the Promoter Sellers of Mitshi India Limited, agreeing to acquire a significant portion of the company's voting share capital. The transaction was formalized on July 23, 2026.Under the SPA, Karronn Naresh Bajaj agreed to acquire 13,70,070 Equity Shares of Mitshi India Ltd, representing 15.57% of the company's total voting share capital. The consideration for this acquisition was set at ₹22,05,51,050/- (Rupees Two Crore Five Lakh Fifty Onc Thousand Fifty).The agreement details indicate that the Acquirer, Mr. Karronn Naresh Bajaj, does not have any prior relationship or...

Chalet Hotels Ltd Announces Board Meeting to Approve Financials for Quarter Ended June 30, 2026 Chalet Hotels Ltd has scheduled a meeting of its Board of Directors to review and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The board meeting is set for Wednesday, July 29, 2026.The company also provided an update regarding trading restrictions related to these financial results. Trading in the securities of Chalet Hotels Ltd has been closed for all Designated Persons and their immediate relatives in preparation for the declaration of the aforementioned Financial Results.The trading window is scheduled to reopen starting August 1, 2026, following the completion of the process...

Binny Mills Ltd Schedules Board Meeting to Review Q2026 Results and Approve FY 2025-26 Directors ReportBinny Mills Limited has scheduled a meeting of its Board of Directors to address critical corporate matters, including the review of its unaudited financial results for the quarter ended June 30, 2026.The Board meeting is set for Friday, July 31, 2026, and will be held via video conferencing at the company's registered office located in Chennai. The agenda items include a thorough review of the unaudited financial results for the quarter ended June 30, 2026.In addition to reviewing the quarterly performance, the meeting is scheduled to approve the Directors Report for the financial year 2025-26. A key component of the agenda also...

SBI Life Insurance Reports on Sustainability and ESG Performance for FY 2025-26 SBI Life Insurance Company Limited has released its Business Responsibility and Sustainability Report for the financial year 2025-26, detailing its commitment to responsible growth across various operational, environmental, and social parameters. The report outlines key performance indicators (KPIs), risk mitigation strategies, and progress against sustainability goals.Operational Snapshot and Financial Scale The company operates in the financial and insurance service sector, having a paid-up capital of INR 10.03 billion. As of the reporting period covering April 01, 2025 to March 31, 2026, SBI Life maintains a presence across 35 states and union...

Mahindra Logistics Ltd receives Grade B ESG Rating from SES ESG Research Mahindra Logistics Ltd has been assigned an ESG Score (Adjusted) of 69.7, resulting in a Grade B rating by SES ESG Research Pvt. Ltd., following a report received on July 23, 2026.SES ESG Research Pvt. Ltd., a SEBI registered ESG Rating Provider, independently prepared the rating based on data pertaining to Mahindra Logistics’ Fiscal Year (FY) 2025-26 that is available in the public domain.The company noted that it had not engaged SES ESG for this specific ESG Rating; rather, the report was voluntarily issued by the agency based on publicly available information.The key findings of the rating are summarized below:MetricDetailsRating ProviderSES ESG...

Hindalco Commits to Mega Investment Pipeline as it Targets Global Leadership in Copper and Aluminium Hindalco Industries has unveiled an ambitious investment blueprint, setting the stage for accelerated growth across its core aluminium and copper businesses. The company has committed Rs 50,000 crore for strategic projects over the next three years, while actively evaluating an additional Rs 50,000 crore in potential opportunities, totaling a massive pipeline of nearly Rs 1 lakh crore.Speaking at the company's 67th Annual General Meeting, Chairman Kumar Mangalam Birla stated that these investments represent an unprecedented push to enhance capacities across all stages of Hindalco’s operations in India. This commitment aims not only to...

Reliance Power Ltd Releases Business Responsibility and Sustainability Report for FY 2025-26 Reliance Power Limited has published its comprehensive Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, providing detailed insights into its environmental, social, and governance performance across its consolidated operations. The report outlines key operational activities, workforce details, compliance adherence, and sustainability initiatives undertaken by the company.Operational Details and Governance Structure Reliance Power Limited operates in electric power generation and captive coal mining, accounting for 100% of its turnover. The company serves the Power Distribution Companies as customers. As...

Aequs Limited Schedules Conference Call for Q1 FY2027 Earnings Results Aequs Limited has announced a conference call to discuss its unaudited financial results for the quarter ending June 30, 2026. The investor event is set for Wednesday, July 29, 2026, at 6:00 PM IST.The Q1 FY2027 Earnings Conference Call will begin with a brief management discussion on business performance, followed by an interactive question and answer session for analysts and institutional investors.The Aequs Management team scheduled to represent the company during the call includes Mr. Aravind Melligeri, Executive Chairman & CEO; Mr. Rajeev Kaul, Cofounder & Managing Director; and Mr. Harish Bang, Vice President Finance.The conference call details provide...

Continental Securities Announces Board Meeting to Review Un-audited Financial Results for Quarter Ended June 30, 2026 Continental Securities Ltd has scheduled a meeting of its Board of Directors to consider and approve the un-audited standalone financial results for the quarter ending June 30, 2026. The board meeting is set for Wednesday, July 29, 2026.During the meeting, the company will review and approve the Un-audited Standalone Financial Results along with the Limited Review Report for the specified quarter. Attendees at the meeting are expected to consider any other matters granted permission by the Chair.In addition to the board meeting announcement, Continental Securities has closed its trading window concerning the...

ITC Ltd receives ESG Ratings from Crisil; Overall ESG Score reaches '69' ITC Ltd has received its latest ESG ratings from Crisil ESG Ratings & Analytics Limited. The company was assigned a Core ESG rating of '76', with an overall ESG score of '69', which falls under the category 'Strong'. These assessments are based on data pertaining to the financial year 2025-26.The assignment by Crisil, a SEBI registered ESG Rating Provider, reflects the company's standing in environmental, social, and governance practices.Prior to the current assessment, ITC Ltd had received similar ratings for the fiscal year 2024-25.Details regarding the ESG scores awarded to ITC Ltd are presented below:MetricFY 2025-26FY 2024-25Core ESG...

Reliance Infrastructure Ltd Releases Business Responsibility and Sustainability Report for FY 2025-26 Reliance Infrastructure Limited (RIL) has released its comprehensive Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, providing detailed insights into its operational scale, environmental stewardship, and social commitments across its various businesses. The report details RIL’s performance against corporate governance standards, employee welfare initiatives, and dedication to responsible business conduct.Business Operations and Scope RIL's primary focus remains in the power sector, with Power Distribution Business accounting for 91.53% of the entity's turnover. The company operates across...

India Homes Ltd Receives In-Principle Approval for Proposed Rights Issue of Partly Paid-up Equity Shares from BSE Limited India Homes Ltd has secured in-principle approval from BSE Limited regarding its proposed rights issue of partly paid-up equity shares. This clearance allows the company to proceed with the upcoming securities offering.The approval was granted by BSE Limited on July 23, 2026, allowing India Homes Ltd to use the exchange's name in its Letter of Offer pertaining to the proposed rights issuance.BSE Limited scrutinized the matter for internal purposes related to granting the permission to the company. The approval is subject to India Homes Ltd completing all necessary post-issue requirements and adhering to statutory...