Markets

Cohance Lifesciences Approves Employee Stock Option Plans, Allots 30,190 Shares under ESOP 2023 Cohance Lifesciences Limited (formerly Suven Pharmaceuticals Limited) announced the approval of its nomination and remuneration committee regarding its employee stock option plans. The committee approved key details related to both the new Cohance Lifesciences Limited Employee Stock Option Plan, 2026 (ESOP 2026), and actions concerning the existing Suven Pharmaceuticals Limited Employee Stock Option Plan, 2023 (ESOP 2023).Key decisions made by the Nomination and Remuneration Committee on July 23, 2026, included granting options to eligible employees under both schemes. Up to 19,748,317 stock options were approved for grant under the ESOP...

Nitco Limited Allots 6,504,065 Equity Shares to Promoter Upon Warrant Conversion Nitco Limited has announced the allotment of equity shares resulting from the conversion of convertible warrants by its promoter, Mr. Vivek Prannath Talwar. The Board of Directors approved the allotment of 6,504,065 equity shares to the promoter following the exercise and conversion of the corresponding number of warrants.The equity shares have a face value of Rs. 10/- each and were allotted at a premium of Rs. 82.25/- per share. This transaction occurred as part of the overall utilization of convertible warrants held by the company's promoter.Details regarding this allotment, which was completed on July 23, 2026, are summarized below:Key Details of...

Connected Person Acquires 33,335 Equity Shares in OnMobile Global Limited through ESOP Exercise OnMobile Global Limited announced that its connected person, Palani Thandiappan Venkatesan, acquired 33,335 equity shares of the company. The acquisition was completed pursuant to the exercise of Employee Stock Options (ESOPs).The transaction details indicate that Palani Thandiappan Venkatesan received the allotment of the shares on July 21, 2026. The company received intimation regarding this acquisition from the individual on July 23, 2026.The purchase of the equity shares involved a value of 914,379.05. Through this transaction, Palani Thandiappan Venkatesan holds 33,335 shares in OnMobile Global Limited, representing 0.03% of the...

Kirloskar Industries Releases Business Responsibility and Sustainability Report for FY2025-2026 Kirloskar Industries Limited (KIL) has released its comprehensive Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-2026. The report outlines the Company's commitment to sustainable growth, ethical conduct, and stakeholder value creation across various operational and governance domains.As an unregistered Core Investment Company (CIC), KIL supports its portfolio companies in fostering sustainable practices while maintaining a focus on responsible investment stewardship. The sustainability performance of KIL was independently assured by BDO India Services Private Limited based on the BRSR Core indicators...

Chennai Petroleum Corporation Reports Robust Q1 Performance with Revenue Jump and High Yields Chennai Petroleum Corporation Limited (CPCL), a Government of India Enterprise, announced strong operational and financial results for the quarter ended June 30, 2026. The company reported significant increases in revenue and profitability, underpinned by efficient operations and improved refining margins.The corporation achieved outstanding operational results during Q1 FY2026-27. Crude throughput stood at 2.85 million metric tonnes (MMT), compared to 2.98 MMT in the corresponding quarter of the previous financial year. This operational efficiency translated into a capacity utilization rate of 108%, and the company recorded a highest ever...

NACL Industries Completes 39th AGM: All Resolutions Passed, Director and Cost Auditor Remuneration Approved NACL Industries Ltd successfully concluded its 39th Annual General Meeting (AGM) held on July 22, 2026. The meeting saw the successful approval of all resolutions presented to shareholders, including the adoption of audited financial statements, ratification of cost auditor remuneration, and the revision of remuneration for Managing Director and Chief Executive Officer.The AGM results were scrutinized by R. Sridharan & Associates, who issued a Consolidated Scrutinizer's Report regarding the voting outcomes. The meeting facilitated both remote e-voting and electronic voting (e-voting) conducted via Video Conferencing/Other Audio...

Cybertech Systems and Software Announces Q1 Results and Employee Stock Option Scheme Allotment Cybertech Systems and Software Limited has announced its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026. The company's Board of Directors approved the results during a meeting held on July 23, 2026. Furthermore, the board approved the allotment of equity shares to an employee under the Employee Stock Option Scheme.The financial performance indicators for both consolidated and standalone entities are presented below:MetricConsolidated (Quarter Ended Jun 30, 2026)Standalone (Quarter Ended Jun 30, 2026)Total Income7,663.284,785.76Total Expenses6,401.753,997.82Profit before...

Suryoday Small Finance Bank Posts Strong Q1 FY27 Results; Advances Grow 32.5% YoY Navi Mumbai: Suryoday Small Finance Bank Limited announced its unaudited financial results for the quarter ended June 30, 2026, showcasing steady business growth alongside improved asset quality and robust operational performance.The Bank reported Gross Advances of Rs. 14,376 Cr as on June 2, 2026, marking a substantial increase of 32.5% year on year (YoY) compared to Rs. 10,846 Cr in Q1 FY26. Concurrently, deposits grew by 29.4% YoY, reaching Rs. 14,634 Cr from Rs. 11,312 Cr in the previous fiscal year.The financial metrics reflected strong profitability and operational leverage throughout the quarter. Net total income increased by 30.3% YoY, rising...

Kundan Edifice Secures Domestic Order from Lafit Lighting Solutions Worth INR 1.24 Cr. Kundan Edifice Limited has secured a purchase order from Lafit Lighting Solutions in the normal course of business. The receipt of this order reinforces the company's operational planning and highlights its sustained engagement with prominent brands within the consumer electricals and lighting industry.The transaction involves the supply of LV Flex (Strip Lights) to Lafit Lighting Solutions, a domestic entity. This order is consistent with Kundan Edifice Limited's manufacturing capacity and its ongoing commitment to meeting customer delivery obligations. The order is expected to be executed within the mutually agreed timelines outlined in the...

Brandbucket Media & Technology Ltd Announces Key Changes in Directorship and Designation Brandbucket Media & Technology Ltd has announced several significant changes regarding its board structure, including new appointments, resignations, and a change in director designation.Ms Sonali Mahesh Kamble was appointed as an Additional Director of the company, effective from July 15, 2026. She will hold this position until the conclusion of the forthcoming Extra Ordinary General Meeting or Annual General Meeting of the Company.The company also confirmed the cessation of Ms Nishigandha Keluskar from her roles as Director and Managing Director. This change is effective from June 15, 2026, following her non-participation in Board meetings for...

Bhavik Enterprises Ltd Board Approves Audit Report and Recommends JPS & Associates as Secretarial Auditors for Five YearsThe board of directors of Bhavik Enterprises Ltd reviewed several operational matters during a meeting held on July 23, 2026. Key decisions included the approval of the company's financial reporting for the last fiscal year and a recommendation for the extended appointment of a secretarial auditing firm.During the Board Meeting, the company considered and approved the Secretarial Audit Report for Fiscal Year (FY) 2025-26, which was received from M/s JPS & Associates, a practicing Company Secretaries Firm based in Jaipur. Additionally, the board sanctioned the Board Report along with necessary Annexures pertaining...

GRP Limited Announces Quarterly Results and Approves Materiality Policy Update GRP Limited released its unaudited financial results for the quarter ended June 30, 2026, alongside key corporate approvals ratified during a Board meeting held on July 23, 2026. The results encompass both standalone and consolidated performance metrics.The Board of Directors reviewed and approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. Additionally, the company adopted an updated Policy for Determining Materiality of Events/Information, which incorporates changes regarding Key Managerial Personnel authorized to determine event materiality.Q2 FY27 Financial Performance Overview GRP Limited's...

Meesho Ltd invests in Grocery subsidiary MGPL aims to scale local logistics networkMeesho Ltd is undertaking an additional investment in its wholly owned subsidiary, Meesho Grocery Private Limited (MGPL), to support and enhance the operations of the grocery division. The investment is intended to facilitate the expansion of MGPL's activities, improve operational efficiency, and strengthen offerings in line with market needs.The proposed infusion of funds has an indicative timeline for completion set on or before September 15, 2026. The transaction will involve a cash consideration, with the cost of acquisition noted at up to INR 75,00,00,000 in one or more tranches.MGPL operates within the local logistics network for daily...

Fratelli Vineyards Reconstitutes Audit Committee Board, Effective August 8, 2026 Fratelli Vineyards Limited, formerly known as Tinna Trade Limited, has announced the re-constitution of its Audit Committee. The decision was approved by the Board of Directors via a Resolution passed by Circulation.The changes to the committee structure are set to be effective starting August 08, 2026. This resolution, which adheres to the provisions of Section 175 of the Companies Act, 2013, confirms the new composition of the Audit Committee.The members appointed to the newly constituted Audit Committee include:NamePositionMr. Sanjay JainChairmanMr. Rahul Rama NarangMemberMr. Gaurav SekhriMemberFratelli Vineyards confirmed that the...

Indiabulls Reports Q1 FY27 Results; Total Revenue Hits ₹359.45 Crore Amid Capital Structure Updates Indiabulls Limited announced the results of its Board meeting held on July 23, 2026, approving the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company's operations continued to generate substantial revenue across various segments while further detailing changes in its capital structure, including stock option grants and preferential warrant issues.The management highlighted several key corporate actions during the quarter, including granting stock options to employees, issuing equity shares following a Scheme of Arrangement, and approving a significant preferential issue targeting...

Ujaas Energy Ltd Announces Board Meeting to Approve Un-Audited Financial Results; Trading Window Remains Closed Ujaas Energy Ltd has scheduled a meeting of its Board of Directors to consider and approve the un-audited financial results for the quarter ended June 30, 2026. The company also confirmed that the trading window will remain closed during this period.The Board Meeting is set to take place on Thursday, July 30, 2026, at 02:30 PM. The meeting will be held at the Registered Office of the Company located in Indore (M.P.).In addition to the board meeting announcement, Ujaas Energy Ltd has maintained a closed trading window in adherence to its Code of Conduct for the Prevention of Insider Trading. The trading closure period...

Samvardhana Motherson Issues Corporate Guarantee for Subsidiary's Credit Facility Samvardhana Motherson International Limited has provided a corporate guarantee to HDFC Bank Limited concerning a credit facility taken by its indirect wholly owned subsidiary, Motherson Electro Components Limited (MECL).The company issued the corporate guarantee in favor of HDFC Bank. The guaranteed credit facility amounts up to INR 2,400,000,000/- (Indian Rupees Two Billion Four Hundred Million only). The potential liability of Samvardhana Motherson under this corporate guarantee is capped at the facility amount and accrued interest thereon.Motherson Electro Components Limited operates in the manufacturing sector, engaging in the production, assembly...

Neochem Bio Solutions Reports Tracing and Freezing of Funds in Cyber Fraud CaseNeochem Bio Solutions Limited has provided an update on its ongoing cyber fraud matter, confirming significant progress in tracing misappropriated funds and initiating legal action for recovery. The company stated that an aggregate amount of ₹74,55,502.63 was successfully traced to twenty-one beneficiary accounts held across eight banks, with these amounts placed on hold by the respective banks following directions from the investigating agency.The recovered sum represents approximately 50% of the total amount previously reported in relation to the fraud incident. These funds are stated to be the Company's own assets, which were debited from its bank...

Reserve Bank Imposes ₹1 Lakh Penalty on Baria Nagarik Sahakari Bank for Critical Internal Audit Failures The Reserve Bank of India (RBI) has imposed a monetary penalty on Shri Baria Nagarik Sahakari Bank Ltd. The decision was formalized by an order dated July 17, 2026, addressing significant compliance lapses within the Gujarat-based cooperative institution.RBI levied a fine of ₹1 lakh (Rupees One Lakh only) against the bank. This penalty relates to non-compliance with specific directions issued by the RBI concerning 'Inspection & Audit Systems in Primary (Urban) Co-operative Banks'.Regulatory Action and Basis for Penalty The penalty imposition is conducted under the powers granted to the RBI by Section 47A(1)(c) read with Sections...

Rajshree Polypack Limited Secures Repeat Order valued at ₹ 1.03 Crore for Plastic Rigid Sheets Rajshree Polypack Limited has secured a new order from a major packaging manufacturer, representing a repeat business contract focused on the supply of Plastic Rigid Sheets.The deal involves a domestic entity—a large packaging manufacturer that is listed on an Indian Stock Exchange and primarily owned by a Finnish packaging giant.According to the details of the transaction, Rajshree Polypack Limited will be supplying the necessary Plastic Rigid Sheets under this order. The total value of the contract is approximately ₹ 1.03 Crore.The execution timeline for the order permits fulfillment by August 2026 or as mutually agreed upon by both...