Markets

IIFL Capital Services Re-designates Key Senior Management Personnel The board of directors of IIFL Capital Services Limited announced several re-designations of senior management personnel following a meeting held on July 23, 2026. These appointments and designations involve changes in roles for various executives within the company's structure, encompassing Private Wealth and Institutional Equities divisions.The designated individuals and their new roles include:Mr. Raghav Gupta and Mr. Prakash Bulusu have been re-designated as Joint Chief Executive Officers - Private Wealth. Mr. Hardik Sanghavi has been re-designated as Chief Technology Officer -Institutional Equities. Mr. Chintan Modi has been re-designated as Head -Growth &...

Century Enka Acquires Additional Equity Shares of ABRELCEL in a Rights Issue Century Enka Limited has acquired 3,700,000 equity shares of ABREL Century Energy Limited (ABRELCEL), a Special Purpose Vehicle (SPV), through a right issue. The acquisition was completed on July 23, 2026, after the shares were credited to the company's Demat Account by ABRELCEL.The transaction is primarily aimed at fulfilling regulatory requirements within the power sector. Century Enka utilized the purchase of these additional equity shares to maintain the mandatory minimum shareholding requirement of 26% in the Power Producer entity. This ensures that the project qualifies as a Captive User of the Power Producer, as mandated by the Electricity Act, 2003...

UCO Bank makes Post Earnings Call with Analysts recording available online UCO Bank has made the audio and video recording of its recent Post Earnings Call with Analysts accessible on its official website. The earnings call took place on 23.07.2026.Stakeholders can access the proceedings, which cover the bank’s financial review, via the designated link provided by the institution. This resource is available for those who wish to review the discussions that took place during the analysts' meeting regarding the company's performance.UCOBANK Stock Price Movement UCO Bank shares settled lower today, shedding 2.22% and closing at ₹26.00 in market action. The stock recorded a trading volume of 7.1 million shares during the session.

Vedanta Iron and Steel Limited Subjected to Covenants under US$ 2.25 Billion Facility Agreement Vedanta Iron and Steel Limited (VISL) is subject to covenants and identified clauses within a major Facility Agreement executed by promoter group entities, detailing terms related to debt repayment and corporate funding for the VRL Group.The agreement, signed on July 20, 2026, establishes the parameters of a significant financial arrangement involving VISL’s associated entities. While Vedanta Iron and Steel Limited is not a direct signatory to the Facility Agreement, certain covenants outlined within the document are effective from the date of execution or the first Utilisation Date, depending on the specific clause.The purpose of the...

Emerald Leisures Holds 92nd Annual General Meeting via Video Conferencing Emerald Leisures Ltd conducted its 92nd Annual General Meeting (AGM) on Thursday, July 23, 2026. The meeting was held through Video Conferencing (VC)/Other Audio-Visual Means (OAVM).The meeting commenced at 11:30 a.m. and concluded at 12:00 p.m. Mr. Jaydeep Vinod Mehta chaired the proceedings, which included remarks on key trends in the Hotel Industry, the company's performance during FY 2025-26, and future growth plans in both the hotel and real estate sectors.Attendees at the meeting through video conferencing or audio-visual means included a total of 24 members who held 48,20,009 equity shares. The meeting was attended by several Directors and invited...

Hindalco Records Highest Ever Consolidated Revenue, Targets Major Global Growth via Mega-InvestmentHindalco Industries Limited reported landmark financial achievements for the fiscal year ended March 31, 2026, noting historic highs in consolidated revenue and EBITDA. The company affirmed its aggressive strategy focused on capacity expansion, high-value downstream integration, and industry leadership in sustainability during the review of business matters.The conglomerate recorded a consolidated revenue of ₹2,74,944 crore. Furthermore, businesses delivered an all-time high consolidated EBITDA of ₹38,097 crore. The Board of Directors also recommended a dividend of ₹5 per equity share for the fiscal year 2025-26.The Chairman’s...

Cyient Limited Completes Buyback of Equity Shares; Dissolves Buyback Committee Cyient Limited has confirmed the successful completion of its share buyback initiative, concluding the activities related to the company's equity shares and dissolving the dedicated committee responsible for the process.The Board of Directors had constituted the Buyback Committee-2026 during a meeting held on April 23, 2026, specifically for managing and overseeing the execution of the buyback. With the successful completion of the transaction, the company confirmed the dissolution of this committee, effective July 23, 2026.The completed buyback involved the repurchase of 64,00,000 equity shares of Cyient Limited. The acquisition was executed through a...

Venkys (India) Ltd Announces Board Meeting to Discuss Q1 Financial Results for FY 2026 Venkys (India) Limited has scheduled a meeting of its Board of Directors to review and approve the company's Audited Financial Results for the quarter ending June 30, 2026.The meeting is set to take place on Tuesday, August 11, 2026.The primary objective of the board session will be to consider and formally take on record the financial outcomes for the first quarter of the fiscal year 2026.VENKEYS Stock Price Movement Today, shares of Venky's (India) Limited edged higher, closing at ₹1508.50 after gaining 0.47% in trading. The stock saw activity as it settled for the day, with a total volume recorded of 35,380 shares.

Subsidiary Merger Announced as Gloster Lifestyle and Gloster Specialities Amalgamate into Gloster Limited Gloster Limited has announced a significant corporate restructuring through a Scheme of Amalgamation, absorbing its wholly owned subsidiaries, Gloster Lifestyle Limited (GLL) and Gloster Specialities Limited (GSL). The merger aims to consolidate operations, enhance administrative control, and create a stronger platform for future business expansion.The amalgamation involves the transfer and vesting of the entire undertaking and business of GLL and GSL into Gloster Limited (GL), which serves as the Transferee Company. Both Transferor Companies are subsidiaries of GL, ensuring that the merger does not require any reorganization or...

CAMS Reports Resignation of CEO of Fintuple Technologies following Share Acquisition Computer Age Management Services Limited (CAMS) has confirmed the resignation of Mr. Kaushik Narayan Badri, Chief Executive Officer (CEO) of Fintuple Technologies Private Limited. This change occurred after Fintuple was acquired by the company and subsequently became a wholly-owned subsidiary of CAMS.Mr. Badri resigned from his position as CEO of Fintuple Technologies Private Limited, which is a wholly-owned subsidiary of Computer Age Management Services Limited. His resignation took effect at the closing hours of July 20, 2026.The transition followed the completion of the acquisition process, whereby CAMS acquired shares previously held by the...

Go Digit General Insurance Approves Quarterly Results and Reschedules Tenth AGM Go Digit General Insurance Limited announced the approval of its unaudited financial results for the quarter ended June 30, 2026, following a Board meeting held on July 23, 2026. The company also confirmed the rescheduling of its Tenth Annual General Meeting (AGM).The Board of Directors approved the results, which were reviewed by the Audit Committee and subsequently assessed by Joint Statutory Auditors PKF Sridhar & Santhanam LLP and Kirtane & Pandit LLP. These financial updates include the Limited Review Report on the quarterly performance.Q2 FY26 Operational Results Overview The company reported key operational figures for the quarter ending June 30...

RBI Announces Major ₹20,000 Crore Buyback Drive for Government Dated Securities The Reserve Bank of India (RBI) has announced a significant initiative involving the buyback of certain Government of India Dated Securities (G-Secs). This operation is aimed at managing and optimizing the supply of these essential government bonds. The RBI will conduct an auction process for these securities totaling up to ₹20,000 crore (face value).Details of G-Sec Buyback Auction The buyback targets four specific categories of Government dated securities. These include 7.33% GS maturing on October 30, 2026, and 5.74% GS also due in late 2026. The RBI is also targeting the 8.15% GS bond, which matures on November 24, 2026.Additionally, the buyback...

Crown Lifters Releases Quarter Results; Board Approves Unaudited Financial Statements Crown Lifters Limited has announced its unaudited financial results for the first quarter ended on June 30, 2026. The company's Board of Directors approved these results, which were subsequently reviewed by the Statutory Auditors.The management reported a Net Profit after tax of 293.54 Lakhs for the period. The company operates in a single reportable segment.Q1 Financial Performance Overview (Ended June 30, 2026) The financial performance details for Crown Lifters across multiple periods have been provided as follows:ParticularsQuarter Ended 30-06-2026 (Unaudited)Quarter Ended 31-03-2026 (Audited)Quarter Ended 30-06-2025 (Unaudited)Year Ended...

Cella Space Ltd Announces Director Appointments and Redemption of Preference Shares The Board of Directors of Cella Space Ltd. approved several key appointments and resolved to redeem a portion of its preference shares during a meeting held on July 23, 2026. The decisions focused on strengthening the company's leadership structure and managing its capital base.Director AppointmentsThe Board formally appointed three additional directors: two in the Independent category and one in the Non-Independent category.Ms. Kolluru Bala Naga Manimala was appointed as an Additional Director in the Independent Category. Ms. Manimala brings 35 years of cross-sector experience, including healthcare delivery, community development, CSR strategy...

Kellton Tech Solutions Reports Q Results and Limited Review on June 30, 2026 Kellton Tech Solutions Limited released its unaudited financial results (consolidated and standalone) for the quarter ended June 30, 2026. The company also provided a limited review report of these interim results, which were reviewed and approved by the Board of Directors on July 23, 2026.The consolidated statement of unaudited profit and loss reported total revenue from operations at ₹31,561.96 lakh for the quarter. For the same period, the company recorded a net profit from continuing operations amounting to ₹2,231.81 lakh.Key financial highlights for the consolidated entity are detailed below:ParticularsQtr Ended 30/06/2026 (Unaudited)Qtr Ended...

Aastha Spintex Ltd to Hold Board Meeting to Review Financial Results for FY2026 Aastha Spintex Limited announced that its Board of Directors will meet on Monday, July 27, 2026. The primary purpose of the meeting is to consider and approve the Audited Financial Results (Standalone) of the company for both the quarter and the financial year ending March 31, 2026.The agenda for the Board meeting includes reviewing the audited results along with the Report provided by the Statutory Auditors. In addition to the review of the financial performance, the board is scheduled to discuss any other business that requires the permission of the Chair.The company detailed the key items slated for consideration during the upcoming session in July...

ECB Holds Rates at 2.25% Amid Geopolitical Turmoil and Escalating Energy Shock Risks The European Central Bank (ECB) maintained its deposit rate at 2.25%, a decision that came as anticipated by investors and economists. However, the meeting was marked by intense internal debate among policymakers regarding an immediate interest rate hike to tame persistent inflation concerns fueled by global instability.President Christine Lagarde confirmed that the decision was unanimous but disclosed that some governors questioned whether the ECB should act now rather than waiting for a planned quarter-point increase in September. The bank reiterated its commitment to navigating the situation carefully, emphasizing a meeting-by-meeting approach...

Grovy India Ltd Approves Q1 FY2026 Results; Realty Division Leads Revenue Growth Grovy India Limited reported its unaudited financial results for the first quarter ended on June 30, 2026. The company's Board of Directors considered and approved these results following a meeting held on July 23, 2026. The company also released segment-wise performance data, reflecting strong activity across its divisions.The financial statements were reviewed by the company’s Audit Committee and subsequently approved by the Board of Directors. The independent auditor conducted a limited review of the results for the quarter ended June 30, 2026, finding no material misstatement regarding the required disclosures.Q1 FY2026 Financial Performance...

Reliance Industries Cancels Work Order for Vascon Engineers' Jamnagar Construction Project Vascon Engineers Ltd has confirmed that Reliance Industries Limited (RIL) has cancelled a significant work order related to a major construction project in Jamnagar. The cancellation pertains to the planned construction of four multi-story buildings at RIL's RG Expansion site.The work order, which was initiated following a Letter of Intent, involved the construction of 04 Nos G+12 FLL Type Buildings for Sector-3 at RG Expansion Jamnagar. The original commitment from RIL to Vascon Engineers Ltd amounted to Rs. 131.58 Crore, excluding GST.The details of the cancelled contract and related project parameters are as follows:AspectDetails...

Diamond Power Infrastructure Posts Significant Net Profit Surge Amid Operational Complexities in FY2026 Diamond Power Infrastructure Limited, alongside its subsidiary DICABS Nextgen Special Alloys Private Limited, has reported a strong financial performance for the fiscal year ended March 31, 2026. The Consolidated Financial Statements show a substantial rise in net profit and earnings per share (EPS), despite ongoing challenges related to the reconciliation of the Property Plant & Equipment (PPE) register.The company’s consolidated financials highlight a significant improvement in profitability, with Net Profit for the year standing at ₹15,816.93 lakhs. This marks a considerable turnaround compared to the previous fiscal year, where...