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Fedbank Financial Services Participates in One-on-One Investor Meeting with SBI Life Insurance Company Ltd. Fedbank Financial Services Ltd confirmed participation in an Analyst/Investor meeting held on July 23, 2026. Officials from the company attended the session, which was conducted as a one-on-one interaction with SBI Life Insurance Company Ltd.The details regarding this investor engagement are provided below:Analysts/ InvestorType of MeetingDate and LocationSBI Life Insurance Company Ltd.One-on-oneJuly 23, 2026, In-Person meeting at SBI Life office, MumbaiThe company stated that no unpublished price sensitive information was shared during the described meeting.FEDFINA Stock Price Movement Fedbank Financial Services...

Mercantile Ventures Completes Scheme of Amalgamation with India Radiators Limited; Authorized Capital Increased The amalgamation of India Radiators Limited and Mercantile Ventures Limited has become effective, following the filing of necessary documentation and subsequent amendments to the memorandum of association for Mercantile Ventures Limited. The scheme was sanctioned by the National Company Law Tribunal, Division Bench (Court- I) Chennai on July 08, 2026.The Effective Date of the amalgamation is July 23, 2026, after the Transferee Company completed the requisite filings with the Registrar of Companies, Chennai. This strategic move has resulted in a material increase in the authorized share capital of Mercantile Ventures Limited...

Amagi Media Labs Announces Board Meeting for Q2 FY27 Results and Earnings Conference Call Schedule Amagi Media Labs 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 company also announced the date for the subsequent earnings conference call related to the results.The Board Meeting is set to take place on Thursday, August 13, 2026. During this meeting, the directors will consider and approve the financial performance of Amagi Media Labs as of June 30, 2026.Following the board review, an earnings conference call has been scheduled for Friday, August 14, 2026. Further details regarding the conduct of the...

Ramco Systems Ltd Releases Quarterly Results and Announces CFO Transition Ramco Systems Limited announced its unaudited financial results for the quarter ended June 30, 2026, alongside key leadership changes following a Board meeting held on July 23, 2026. The company also finalized the appointment of a new Chief Financial Officer (CFO) as part of its governance updates.The company’s standalone and consolidated financial results for the quarter ending June 30, 2026, detail performance across both its domestic operations and international subsidiaries. Furthermore, Ramco Systems Ltd confirmed that Mr. Ravikula Chandran R will retire from his post as Chief Financial Officer (CFO) upon superannuation, effective November 30, 2026. The...

Current Infraprojects Limited Appoints M/s Narnoli & Associates as Internal Auditor for FY 2026-27 Current Infraprojects Limited has appointed M/s Narnoli & Associates, a Chartered Accountancy firm, to serve as its Internal Auditor for the financial year 2026-27. The appointment was formalized during the Company's Board of Directors meeting held on July 23, 2026.M/s Narnoli & Associates, holding Firm Registration No. 025630C, has been appointed following a recommendation from the company’s Audit Committee.The details surrounding the appointment are as follows:DetailInformationAuditor NameM/s Narnoli & AssociatesRoleInternal Auditor of Current Infraprojects LimitedDate of AppointmentJuly 23, 2026TermFinancial Year...

Marco Cables Secures Rs 11.44 Crore Order for Supply of Conductors Marco Cables & Conductors Limited has secured a significant purchase order from a reputed client in the cable industry, amounting to Rs 11,44,57,640/- (Rupees Eleven Crores Forty-Four Lakhs Fifty-Seven Thousand Six Hundred and Forty Only), inclusive of all taxes.The contract involves the supply of assorted sizes of Conductors. The order was received following a Letter of Intent dated July 22, 2026. Marco Cables confirmed that the client is a domestic entity within the cable industry.The total value of this order stands at Rs 11,44,57,640/- and the execution period for the contract has been set for four months. The company confirmed that neither the promoter nor the...

3i Infotech Completes Corporate Restructuring with Director Changes, Secures Rs 13.11 Crore Infusion in Subsidiary Mumbai: The Board of Directors of 3i Infotech Limited approved several significant corporate actions, including material changes in directorship and senior management appointments, alongside finalizing a restructuring deal for its subsidiary, NuRe FutureTech Private Limited.The company announced the approval of its unaudited financial results for the quarter ending June 30, 2026. The Board meeting held on July 23, 2026, also addressed critical developments in personnel and strategic capital movement within the group.Key Changes in Directorship and Management The company made key changes to its leadership structure...

Current Infraprojects Appoints Secretarial Auditor for Term Extending to 2031 The Board of Directors of Current Infraprojects Limited has appointed M/s Maheshwari Neetu & Associates, a Practicing Company Secretary, as the Secretarial Auditor for the company. The decision was made during the Board meeting held on Thursday, July 23rd, 2026, and is subject to member approval at an ensuing General Meeting.The appointment of M/s Maheshwari Neetu & Associates is set for financial years commencing from 2026-27 through 2030-31.M/s Maheshwari Neetu & Associates has been appointed following the recommendation of the Audit Committee. The firm, which possesses a strong track record and diverse client base, provides comprehensive corporate...

Dr. Reddy's Laboratories Approves Key Appointments at AGM; Deloitte Haskins & Sells Named Statutory Auditor At its 42nd Annual General Meeting (AGM), Dr. Reddy's Laboratories Limited confirmed significant appointments related to its Board structure and statutory audit, approving the re-appointment of an experienced director and the appointment of another senior leader to the board. The company also approved M/s Deloitte Haskins & Sells, LLP as its Statutory Auditor for a five-year term.The AGM resolutions ensured continuous governance by approving key personnel changes: Dr. K P Krishnan was re-appointed as an Independent Director, and Mr. Srikanth Velamakanni was appointed to the board. Furthermore, M/s Deloitte Haskins & Sells, LLP...

Capital Small Finance Bank registers 29% year-on-year rise in PAT as advances climb 22% Mumbai, Jalandhar, 23 July 2026: Capital Small Finance Bank Limited announced its unaudited financial results for the quarter ending June 30, 2026 (Q1 FY27), reporting steady progress and improved profitability across its operations. The Bank saw a significant increase in Profit After Tax (PAT) while maintaining robust asset quality metrics across its network.The Bank recorded Gross Advances growing by 22.0% year-on-year (YoY) to ₹9,074 crore. Total Deposits also rose by 16.3% YoY, reaching ₹10,596 crore. In Q1 FY27, the Bank reported a Profit After Tax of ₹41.3 crore, marking a 29.0% increase compared to Q1 FY26, while Pre-Provision Operating...

Orient Cement Reports Quarterly Results and Announces 9.04% Shareholding Acquisition in Vena Energy KN Wind PowerOrient Cement Limited has announced its unaudited financial results for the quarter ended June 30, 2026, alongside details of a significant strategic acquisition in renewable energy. The Board of Directors reviewed and approved these results during a meeting held on July 23, 2026.The company's operations are confined to a single reportable segment: the manufacture and sale of cement, as per Ind AS 108. The financial performance details for the quarter ended June 30, 2026, including income and expense summaries, were made available along with the Limited Review Report issued by Statutory Auditors.Key financial figures...

Rajshree Sugars & Chemicals Limited appoints new Statutory Auditors and reappoints Mr. R. Varadarajan as Wholetime Director Rajshree Sugars & Chemicals Limited announced key appointments following its 40th Annual General Meeting (AGM) held on July 23, 2026. Shareholders approved the appointment of M/s Karthikeyan & Jayaram as Statutory Auditors and the re-appointment of Mr. R. Varadarajan as a Director and Wholetime Director.The company's decision regarding statutory auditing reflects a change in its auditing firm for the next five years, while the AGM solidified the continuity of Mr. Varadarajan’s leadership within the organization.Appointment of Statutory Auditors M/s Karthikeyan & Jayaram has been appointed as the new Statutory...

Trident Limited Appoints Mr. Pardeep Kumar Markanday as CEO of Yarn Division Trident Limited has announced the appointment of Mr. Pardeep Kumar Markanday to a senior leadership position within the company. He has been designated as Chief Executive Officer – Yarn (Punjab and Madhya Pradesh), effective July 23, 2026.Mr. Pardeep Kumar Markanday is appointed as part of the Senior Management Personnel at Trident Limited. The designation recognizes his significant experience in the industry.The appointment comes as Mr. Markanday is described as a distinguished figure within the International Home Textiles market. He possesses an overall experience exceeding 40 years and has been associated with the Trident Group for more than 26 years...

Power Finance Corporation Ltd Board Approves Enhanced Borrowing Limit Up To Rs 9 Lakh Crore and $25 Billion Power Finance Corporation Ltd has approved a proposal allowing it to raise substantially higher amounts of funds from domestic and international markets. The decision, made by the company's Board of Directors during a meeting held on July 23, 2026, enhances the borrowing capacity significantly.The Board granted approval for the company to borrow and raise funds as required for its business operations or when directed by the Ministry or Government of India. This expanded capacity allows Power Finance Corporation Ltd to take on debt exceeding its paid-up capital, free reserves, and securities premium.According to the approved...

KRN Heat Exchanger and Refrigeration's Subsidiary Secures Significant Domestic Order for Heat Exchanger Coils KRN Heat Exchanger and Refrigeration Limited has seen its subsidiary, KRN HVAC Products Private Limited, secure a domestic order for the supply of Heat Exchanger Coils. This business development falls within the normal course of the company's operations.The order details pertain to a single transaction and have been documented by the company. The contract specifies that the estimated delivery period is "As per the order terms."The financial scope of the domestic order is as follows:Financial MetricAmount (INR)Estimated Single Order Value43.11 CroreIGST Component7.76 CroreTotal Amount50.87 CroreThe company...

MBL Infrastructure Ltd. Releases Q1 2026 Financial Results: Revenue Stands at ₹4,497 Lakhs (Standalone) MBL Infrastructure Limited has reported its Unaudited Standalone and Consolidated financial results for the quarter ended June 30, 2026. The company's standalone performance showed Total Income of 4,497 lakhs in the current quarter, while consolidated figures recorded Total Income at 5,719 lakhs.The Board of Directors approved and adopted these unaudited financial results, which were subjected to a Limited Review by Statutory Auditors.Key Financial Highlights (Standalone) MBL Infrastructure Ltd.'s standalone performance metrics for the quarter ended June 30, 2026, as compared against previous periods, are detailed below...

Suryoday Small Finance Bank Approves Q1 Unaudited Financial Results; Profitability and Ratios Announced Suryoday Small Finance Bank Limited released its unaudited financial results for the quarter (Q-1) ended June 30, 2026. The outcomes were reviewed and approved by the Board of Directors during a meeting held on July 23, 2026, following receipt of the Limited Review Report from the Joint Statutory Auditors, M/s Mukund M. Chitale & Co. and M/s Gokhale & Sathe.The results reflect the Bank's operational performance, with key metrics released across income statements, capital adequacy, and asset quality ratios for Q-1 2026 compared to the previous year’s corresponding quarter (Q-1 ended June 30, 2025).Financial Performance Snapshot The...

Blue Dart Express Limited Receives Show Cause Notice Over Alleged ITC Misuse Blue Dart Express Limited has received a Show Cause Notice from tax authorities concerning alleged violations related to Input Tax Credit (ITC) during the financial year 2022-23.The notice was issued by the Assistant Commissioner of State Tax and relates to allegations of excess availment of ITC and under-declaration of Ineligible ITC. The company received the direction on July 22, 2026.The Show Cause Notice has quantified the financial impact across three categories: principal amount, interest, and penalty, related to GST compliance for FY 2022-23.Financial details of the action are as follows:ComponentAmount (INR)Principal (Show Cause Notice)Rs...

Kotak Mahindra Mutual Fund Crosses 5% Holding in South Indian Bank Ltd. Kotak Mahindra Mutual Fund (KMMF) has acquired equity shares of The South Indian Bank Limited (SIBL), surpassing the 5.00% threshold of the issued equity share capital of the bank. KMMF, which operates through its schemes, increased its stake after making acquisitions in the open market.The acquisition details reveal that Kotak Mahindra Mutual Fund is not affiliated with a promoter group within SIBL. The purchase resulted in the fund's total holding increasing from below 5% to over 5% of the bank’s equity share capital.Key figures related to this significant acquisition are detailed as follows:MetricBefore AcquisitionAfter AcquisitionAcquirer Holding...

Hindustan Composites Ltd Reports Q1 Financial Results; Approves Auditor Appointment and Dividend Plan Hindustan Composites Limited announced the approval of its Un-audited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026. The results were reviewed by the Audit Committee before being released to the market. The company also confirmed the recommendation for a new Secretarial Auditor and provided details regarding the future dividend payment for the financial year ended March 31, 2026.In addition to the financial reporting, the Board of Directors considered several key strategic matters, including the transfer of the company's "Friction Business Undertaking."Financial Performance Highlights The...