Markets

Waaree Energies Schedules Board Meeting for Q1 Financial Results; Imposes Insider Trading Restrictions Waaree Energies Ltd has announced that its Board of Directors will convene a meeting on July 29, 2026, to review and approve the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026.The management of Waaree Energies confirmed that the Board Meeting is scheduled to consider and approve these results in conjunction with other matters.In relation to insider trading practices, the company has mandated restrictions regarding securities dealing. The trading window for all Directors, Key Managerial Personnel, Designated Persons of the Company, and their Immediate Relatives will remain closed. This...

NIIT Learning Systems Posts Strong Q1 FY'27 Results as Revenue Jumps 25% Amid AI Focus NIIT Learning Systems Limited, a global leader in managed learning services, announced its unaudited financial results for the first quarter of Financial Year 2026-2027, covering the period from April to June 2026. The company reported robust growth across key metrics as it continues to integrate AI into its offerings and expand its client base.The company recorded a consolidated Net Revenue of Rs. 565.1 Cr in Q1 FY'27, marking a significant year-on-year increase of 25%. Earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at Rs. 103.2 Cr, up 9% year-over-year. Profit After Tax (PAT) for the quarter was reported at Rs. 57.4...

Refex Industries Announces Board Meeting to Approve Q1 FY2026-27 Financial Results Refex Industries Limited has scheduled a meeting of its Board of Directors to consider and approve the Unaudited Standalone and Consolidated Financial Results for the first quarter of the financial year 2026-27. The meeting is set for Wednesday, July 29, 2026.The board meeting is scheduled with the primary agenda item being the review and approval of the Q1 results, which cover the period ending June 30, 2026.In continuation of prior disclosures, Refex Industries confirmed that the trading window for its securities for all Designated Persons, including Insiders, has been closed since April 01, 2026. The trading restrictions will remain in place until...

Meesho Reports Q1 FY27 Results: Net Merchandise Value Climbs 34% YoY as Contribution Margin Expands Meesho Limited announced its first quarter results for Fiscal Year 2026-27, highlighting steady growth in user base and marketplace activity while refining operational efficiency. The company reported that Net Merchandise Value (NMV) grew 34% year-over-year (YoY) to ₹11,614 Crores.The platform saw strong performance across key metrics during the quarter. Annual Transacting Users (ATUs) rose 29% YoY to 274 million, with Last Twelve Months (LTM) frequency improving to 10.3. Quarterly Placed Orders grew by 29% YoY to 725 million.Key Financial and Operational Metrics The company maintained a focus on disciplined capital allocation while...

ANDHRA PAPER LIMITED boosts Kadiam Unit production as second paper machine resumes operations ANDHRA PAPER LIMITED has reported a further improvement in the operational situation at its Kadiam Unit, following previous disruptions. The company announced that a second paper machine, which has a production capacity of 55 MT per day, resumed operations effective July 23, 2026.This resumption marks a significant step toward stabilizing manufacturing activities at the unit. Consequently, the aggregate operational production capacity at the Kadiam Unit has increased from approximately 70% to about 93% of its normal production capacity.The Company confirmed that it continues to take necessary operational measures aimed at the progressive...

Thomas Cook Clarifies Turnover Figure for Demerged Undertaking in Previous Disclosure Thomas Cook (India) Ltd has issued a clarification regarding a typographical error found in Annexure A of a disclosure made on March 20, 2026. The company addressed an unintentional mistake concerning the turnover of the Demerged Undertaking for the year ended December 31, 2025.The correction relates specifically to Clause 2 of Annexure A of the previous announcement. Due to a typographical error, the turnover was previously stated as INR 70 Crores, whereas it should correctly be read as INR 70 mn.Thomas Cook (India) Ltd confirmed that the discrepancy was purely inadvertent and not deliberate, confirming the accurate figure for investors and...

CIE Automotive India Ltd makes Q2CY2026 Results Conference Call audio recording available CIE Automotive India Ltd has made available the audio recording of its Quarter 2 Calendar Year 2026 Results Conference Call. The recording was released on July 23, 2026.CIEINDIA Stock Price Movement CIE Automotive India Limited shares today tumbled, shedding 11.79% to settle at ₹419 after trading in the post-market session. The stock experienced heavy selling pressure, with approximately 6.35 million shares traded and a daily low recorded at ₹411.3.

ITC’s Chairman details "Responsible Competitiveness" while highlighting corporate growth and sustainability efforts ITC Limited reviewed its performance and future strategies in an address delivered at the 115th Annual General Meeting on July 23, 2026. The Chairman, Sanjiv Puri, addressed the complex global economic climate, emphasizing the company's commitment to national value creation across agriculture, FMCG, and manufacturing.Mr. Puri noted that amid global volatility driven by crises and geopolitical tensions, Indian businesses must align their strategies with national resilience. He stressed that a nation’s progress is shaped by its economic and technological strength.Corporate Performance and Financial Highlights The company...

Nectar Lifesciences Extends Deadline for Empty Hard Gelatin Capsule Business Slump Sale Nectar Lifesciences Limited has announced an extension to the completion date of the slump sale involving its Empty Hard Gelatin Capsule business. The transaction, which is being executed on a lump sum basis, involves Capnest Health Care Private Limited as the purchaser.The Company and Capnest Health Care Private Limited have mutually agreed to extend the expected completion date for the transfer of the Empty Hard Gelatin Capsule business. The new deadline set for the slump sale is on or before December 31, 2026.The extension relates to the ongoing process of transferring the business previously disclosed by Nectar Lifesciences Limited. All other...

Oriental Aromatics Ltd. Schedules Board Meeting to Approve Q1 Financial Results Oriental Aromatics Ltd. has announced that its Board of Directors will convene on Thursday, July 30, 2026. The meeting is scheduled primarily to review and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026.The company stated that the board agenda includes considering any other matter deemed fit by the Board of Directors.In addition to the board approval process, Oriental Aromatics has provided details regarding its insider trading restrictions. The trading window is closed effective July 1, 2026. This restriction will remain in effect until a period of 48 hours following the announcement of the...

Dudigital Global Limited Commences Provision of Consular Services for Indian Missions in Kuwait Dudigital Global Limited has commenced providing essential consular, passport, and visa services for the Embassy of India in Kuwait, following legal developments concerning a tender process for allied support services abroad.The Ministry of External Affairs (MEA), Government of India, had previously challenged a judgment and order dated July 15, 2026, passed by the Delhi High Court regarding the tendering process for outsourcing Consular, Passport, Visa, and allied support services for various Indian Missions overseas.In response to these developments, the Supreme Court of India issued an order on July 20, 2026. This order permitted the...

Crompton Greaves faces partial tax demand after Joint Commissioner rules on FY 2019-20 assessment Crompton Greaves Consumer Electricals Limited has received a decision from the Joint Commissioner of State Tax (Appeal-IV), Mumbai, regarding a pre-existing assessment related to the financial year 2019-20. The appellate body partially allowed the demand order initially passed by the Deputy Commissioner of State Tax.The company is now planning to appeal this latest ruling in accordance with Section 112 of the SGST Act, 2017, and has expressed reasonable expectations for a favorable outcome from higher appellate authorities.The original assessment stemmed from a demand raised pursuant to the assessment order passed by the Deputy...

Aye Finance Approves Issuance of Up to ₹220 Crore in Secured Non-Convertible Debentures Aye Finance Limited has approved a significant issuance of secured non-convertible debentures (NCDs), aggregating up to Indian Rupees 220,00,00,000. The approval was granted by the company's Working Committee of Asset and Liabilities Committee (WALCO) during a meeting held on July 23, 2026.The debentures are being issued for cash through a private placement mechanism, with a total nominal value of INR 220,00,00,000. These instruments, which carry a face value of INR 1,00,000 each, have been categorized as rated, senior, listed, secured, transferable, and redeemable non-convertible debentures. The issuance includes a green shoe option allowing for...

Jagjanani Textiles Ltd Announces Resignation of Whole Time Director Shiv Kumar Singhal Jagjanani Textiles Limited has confirmed the resignation of Mr. Shiv Kumar Singhal from his position as a Whole Time Director and Key Managerial Personnel (KMP). The change is effective immediately, dated 23rd July, 2026.The company’s Board of Directors formally took note of the departure of Mr. Singhal. He tendered his resignation in writing and will be relieved from his responsibilities with immediate effect as of 23rd July, 2026.Mr. Shiv Kumar Singhal's resignation is attributed to pre-occupation and other personal commitments. The company confirmed that there are no other material reasons for the decision beyond those stated in the resignation...

Global Markets Surge as AI Drives Massive IPO Listings, But Bubble Fears Loom Large In a blistering display of market enthusiasm, global stock listings have reached monumental levels, driven primarily by technology and Artificial Intelligence (AI) firms. Consultancy reports reveal that $194 billion was raised in stock market listings worldwide during the first half of 2026. This figure represents triple the volume recorded in the same period in 2025 and surpasses the total listings of last year, according to data from EY.Market Dynamics: The Surge Fueled by Technology The sheer magnitude of this listing frenzy is concentrated heavily in select sectors. AI firms and technology giants are financing massive investments needed for...

Morepen Laboratories Subsidiary Changes Name Following Free Zone Migration Morepen Laboratories Limited has announced a name change for its wholly owned subsidiary following the migration of the entity from one free zone authority to another. The company's subsidiary transitioned from operating under the International Free Zone Authority (IFZA) to the Jebel Ali Free Zone (JAFZA).The subsidiary’s previous name was "Morepen Labs - FZCO." As a result of this shift, effective from July 20, 2026, the subsidiary's name has been updated to "Morepen Labs FZE."This corporate update was confirmed after JAFZA issued a certificate of continuation and a trading licence related to the changes. Both documents were dated July 23, 2026.MOREPENLAB...

Facility Agreement Executed: Vedanta Group Secures $2.25 Billion Commitment for VRL Operations Vedanta Limited has noted the execution of a Facility Agreement totaling up to US$ 2,250,000,000 involving entities within the promoter group, designed to support the operations of Vedanta Resources Limited (VRL). The agreement was formally entered into on July 20, 2026.While Vedanta Limited is not a direct party to the Facility Agreement, significant encumbrances have been placed over VEDL shares in line with the terms of the financing documents.The facility agreement’s primary purpose is the repayment and payment of interest and other amounts accrued on the Financial Indebtedness of the VRL Group, as well as covering fees, costs, and...

Spandana Reports ₹12 Cr PAT as AUM Reaches ₹4,887 Cr, Reflecting Sector Growth Mumbai, July 23, 2026 — Spandana Sphoorty Financial Limited today announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a Profit After Tax (PAT) of ₹12 Cr, which is a significant increase compared to ₹5 Cr in the previous quarter.The Management stated that Spandana is on a growth trajectory as the microfinance sector emerges from challenging phases, with key indicators showing improvement across operations and portfolio health. The company’s Assets Under Management (AUM) increased by 11% Quarter-on-Quarter (QoQ), reaching ₹4,887 Cr from ₹4,420 Cr at the end of March 2026.During the quarter, Spandana disbursed...

Big Market Shift: SEBI Proposes Unleashing PMs to Invest Overseas and Adopt Higher Risk Strategies India’s securities regulator, SEBI, has introduced a sweeping proposal aimed at vastly expanding the investment avenues available to Portfolio Managers (PMs). The comprehensive overhaul seeks to significantly improve the ease of doing business in the market. These changes will allow PMs to invest both overseas and into previously restricted asset classes.The proposed flexibility is driven by the massive growth of India's portfolio management industry. Assets managed by this sector surged from ₹18.07 trillion in April 2019. They grew to ₹42.61 trillion as of May 31, 2026, highlighting the demand for diversified and sophisticated...

Shiva Cement Ltd Secures Consent to Operate for Dolomite Mining in Odisha Shiva Cement Ltd has received the necessary consent from the State Pollution Control Board, Odisha, enabling it to commence operations at its dolomite mines located in Sundargarh district. The approval pertains to the production and mining of Dolomite at the Khatkurbahal (North) Block Limestone and Dolomite Mines.The grant of Consent to Operate is secured under section 25/26 of the Water (Prevention & Control of Pollution) Act, 1974, and section 21 of the Air (Prevention & Control of Pollution) Act, 1981. This crucial regulatory approval allows Shiva Cement Ltd to commercially undertake the mining and sale of dolomite from the facility located in Biringatoli...