Markets

Salem Erode Investments Ltd Approves Private Placement of Unlisted Secured Debentures Salem Erode Investments Limited has approved the issuance of a tranche of Unlisted Secured Redeemable Non-Convertible Debentures (NCDs) through a private placement basis, following its Board meeting held on July 23, 2026.The Company decided to issue 40,000 Unlisted Secured Redeemable Non-Convertible Debentures, each with a face value of Rs. 1,000/- for cash at par. The total aggregate size of the issue is Rs. 4,00,00,000/- (Rupees Four Crore only).The debenture issuance was structured as a private placement offering and will be offered in one or more tranches. Allotment for these securities must be completed within 30 days from the date of receipt...

Jai Corp Ltd plastic processing unit operations stopped due to flooding in Vasona Jai Corp Ltd announced that operations at one of its plastic processing units located in Vasona were halted on July 23, 2026. The stoppage occurred following flooding inside the factory area, which was caused by heavy rains in the surrounding Silvassa area of Dadra and Nagar Haveli and Daman and Diu.The company confirmed that it had taken appropriate measures to ensure the safety of its personnel and equipment during the incident. Jai Corp is currently assessing the extent of damages and any impact on operations. Management stated that the situation is expected to begin normalizing gradually in the coming days, contingent upon improvements in the weather...

Rich Universe Network Ltd Posts Results for Quarter Ending June 30, 2026 Rich Universe Network Ltd, formerly known as Rich Capital & Financial Services Limited, has released its unaudited financial results and key operational updates for the quarter ended June 30, 2026. The company's management reviewed these results following a Board meeting held on July 23, 2026.The financial performance summary for the quarter is presented in lakhs:ParticularsQuarter Ended 30.06.2026 (Unaudited)Corresponding Figures Qtr ended 30.06.2025 (Audited)Year to Date Figures (Audited)Total Revenue from Operations21.090.000.00Other Income74.790.007292Total Income74.790.007492Total Expenses53816.42476Profit (Loss) before tax152868.3550.16...

Indian Energy Exchange Reports Q1 FY27 Results: Consolidated Profit Rises 11.7% Amid Rising Power Demand Indian Energy Exchange Ltd (IEX) has announced its unaudited financial results for the first quarter of the financial year 2026, ending June 30, 2026. The company reported a consolidated profit after tax (PAT) increase of 11.7%, driven by growth in electricity volumes and strong performance across various market segments including gas trading and international carbon exchange.The results highlight steady operational expansion as the national energy sector navigated challenging climatic conditions. Electricity volume reached 37.5 Billion Units (BUs) in Q1 FY27, marking a year-on-year (YoY) increase of 15.9%. The consolidated PAT for...

KYC Compliance Failure: RBI Imposes ₹50,000 Penalty on Hassan Co-operative Bank The Reserve Bank of India (RBI) has imposed a significant monetary penalty against The City Co-operative Bank, Hassan, Karnataka. This regulatory action targets serious non-compliance regarding 'Know Your Customer (KYC)' directions issued by the central bank.Monetary Penalty Imposed for KYC Non-Compliance The RBI ordered a fine of ₹ 50,000/- on the co-operative bank. The penalty was formalized through an order dated July 17, 2026. This action falls under the powers conferred upon the RBI via Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the BR Act.Specific Compliance Deficiency Identified The imposition stems from deficiencies identified during...

CPS Shapers Limited Granted Indian Patent for Multi-Yarn Warp-Knitted Fabric Technology C P S Shapers Limited has been awarded an Indian patent for a specialized multi-yarn warp-knitted fabric designed to provide elastic recovery, breathability, and moisture wicking. The innovation strengthens the company's product portfolio across various high-performance apparel segments.The patent, granted by the Office of the Controller General of Patents, Designs and Trade Marks, is central to enhancing the company’s intellectual property assets. This patented technology holds significant potential for increasing competitiveness in both domestic and international markets.Patent Details Summary The invention, titled "A Multi-Yarn Warp-Knitted...

Twentyfirst Century Management Services Announces 40th AGM, Approves Remuneration Changes, and Confirms Related Party Transactions Twentyfirst Century Management Services Limited announced on July 23, 2026, that its Board of Directors had considered and approved several key business items, including the remuneration structure for certain senior management. The company also provided the notice for its 40th Annual General Meeting (AGM) and presented comprehensive financial results for the fiscal year ended March 31, 2026.The AGM is scheduled to be held on Thursday, September 3, 2026, via Video Conferencing (VC) or other Audio Visual Means (OAVM).Management Appointments and Remuneration Updates During the board meeting, the company...

Kanoria Energy Announces Q2 Financial Results and Dividend Approval Kanoria Energy & Infrastructure Ltd, which was formerly known as A Infrastructure Limited, announced several key decisions following its Board meeting held on July 23, 2026. The Board approved the unaudited financial results for the quarter ended June 30, 2026, and sanctioned a dividend payment on the company's preference shares.The resolutions passed during the meeting included approval of the un-audited financial results for the quarter ended June 30, 2026, along with the Limited Review Report. The Directors' report and the corporate governance report for the financial year 2025-2026 were also approved. Additionally, the Board authorized the payment of a dividend on...

Motilal Oswal Reports Highest-Ever Quarterly Profit, Driven by 46% Growth in Asset and Private Wealth Management Segment Motilal Oswal Financial Services Limited (MOFSL) reported a record high quarterly Total Profit After Tax (PAT) of ₹1,513 Cr for the first quarter of FY27, which includes Other Comprehensive Income (OCI). The strong performance was largely propelled by the Asset and Private Wealth Management segment, which recorded 46% year-on-year (YoY) growth.The consolidated results showcased a resilient business model underpinned by a strategic focus on annuity and fee-based revenues, with the Annual Recurring Revenue (ARR) share rising to 66%.Q1 FY27 Financial Performance Snapshot The company achieved an Operating PAT of ₹609...

Sammaan Capital Completes Interest Payment on Non-Convertible Debentures Sammaan Capital Limited has reported the timely payment of interest amounts pertaining to its Secured and Unsecured Redeemable Non-Convertible Debentures (NCDs), which were issued through a public issue and are listed on the stock exchanges. The company confirmed that the entire interest amount was paid for all debenture series as scheduled.The details regarding the payment of interest across the various NCD instruments, including their original issue size, interest amounts, payment schedules, and dates, are provided below:Sr. NoISINIssue Size (in INR lacs)Interest Amount to be Paid (in INR lacs)FrequencyRecord DateDue Date for Interest PaymentActual Date for...

G.G. Dandekar Properties Ltd. Board Meeting Scheduled to Approve Q1 Financials; Trading Window Closed Until July 31 G.G. Dandekar Properties Limited announced a meeting of its Board of Directors to consider and approve the Un-audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The board meeting is scheduled for Wednesday, July 29, 2026.The company also provided an update regarding the trading period for its securities. A trading window for dealing in G.G. Dandekar Properties Limited securities was closed beginning July 1, 2026. This restriction will remain in effect until July 31, 2026.The board meeting aims to review and approve the financial results corresponding to the quarter ending June...

Octaware Technologies Board Approves Shift in Shareholder Approval Method for Registered Office Change The Board of Directors of Octaware Technologies Ltd has resolved to change the method by which shareholders will approve the shift of the company's registered office, moving it from a mandated postal ballot to approval during the forthcoming Annual General Meeting (AGM).During a meeting held on Thursday, July 23, 2026, the Board considered and approved this decision. This move comes in reference to a previous board resolution dated July 15, 2026, which had sanctioned the relocation of the company's registered office from the State of Maharashtra to the State of Uttar Pradesh. That earlier resolution stipulated that the shift was...

ARSS Infrastructure Projects Limited Increases Authorized Capital and Secures Financing through Preference Share Issuance ARSS Infrastructure Projects Limited announced several key corporate actions following a Board meeting held on July 23, 2026. The decisions included expanding the company's authorized share capital, appointing new Key Managerial Personnel (KMP), and structuring a financing deal with one of its promoters, Ocean Capital Market Limited (OCML).Appointment of New Compliance Officer The Board meeting approved the appointment of Mr. Rajendra Biswal as the Company Secretary and Compliance Officer (KMP), effective July 23, 2026.Mr. Rajendra Biswal holds Membership Number A76448 and is an Associate Member of the Institute...

Fervent Synergies Ltd Approves Q1 Results; Announces AGM Details Fervent Synergies Ltd has approved its unaudited financial results for the first quarter ending June 30, 2026. The Board of Directors held a meeting on July 23, 2026, to ratify these results and conveyed key details regarding the company’s upcoming Annual General Meeting (AGM).The company's operational performance across various segments was reviewed in light of the Q1 figures.Key Financial Highlights (Q ended June 30, 2026) For the three months ended June 30, 2026, the company recorded a Total Income of 73.50 Lakhs. The total profit before tax stood at 19.25 Lakhs for the quarter, against 88.74 Lakhs in the preceding three months and 383.50 Lakhs in the previous year...

Indostar Capital Finance Completes Private Placement of 40,000 Non-Convertible Debentures Worth INR 400 Crore Indostar Capital Finance Ltd has completed the private placement of a total of 40,000 non-convertible debentures (NCDs), raising INR 400 crore. The allotment was approved by the company's Borrowing Committee on July 23, 2026, encompassing two distinct series of secured and rated debentures.The NCDs are senior, secured, redeemable, rated, listed, taxable, and non-convertible, each having a face value of INR 1,00,000 (Indian rupees one lakh only). The total issuance across both Series XXXIV and XXXV amounts to INR 400 crore.The debentures are issued under two separate tranches at an interest rate of 9.15%. These instruments...

Fabtech Technologies Schedules Earnings Conference Call for Q1 FY27 Unaudited Financial Results Fabtech Technologies Ltd has scheduled an Earnings Conference Call to discuss the Unaudited Financial Results for the quarter and three months ended June 30, 2026. The conference call is designed to provide management insights into the company's performance during the period.The meeting details are as follows:Meeting TypeDate and TimeAudio/Video Conference CallTuesday, July 28, 2026, at 04:00 pm ISTThe conference call will feature a management discussion covering the Unaudited Financial Results for the quarter and three months ended June 30, 2026. Following this presentation, there will be an interactive Question & Answer session...

Market Breakthrough: SEBI Unveils Massive PMS Regulation Overhaul Targeting Foreign Assets and Affordable Investment Opportunities SEBI has released a comprehensive Consultation Paper detailing proposed amendments to the Portfolio Managers (PM) Regulations, 2020. This move signals a significant regulatory evolution, designed to support the rapid growth of the Portfolio Management Services (PMS) industry, cater to sophisticated investors, and streamline compliance for practitioners nationwide.The consultation paper opens by outlining the need for an overhaul, driven by the exponential maturity and expansion of the PMS ecosystem in India. These proposed changes aim to enhance investment flexibility, simplify regulatory provisions, and...

Sansera Engineering and Nichidai Corporation finalize subsidiary structure following equity allotmentSansera Engineering Limited has seen a significant restructuring in its wholly owned subsidiary, Nichidai Sansera Private Limited, following a strategic joint venture agreement with Nichidai Corporation. The Board of Directors of Nichidai Sansera Private Limited recently approved the allocation of 8,000 equity shares, each valued at Rs.10/-, to Nichidai Corporation.This transaction completes the corporate setup initiated through the Joint Venture Agreement between Nichidai Corporation and Sansera Engineering Limited. The completion of this allotment has reconstituted the shareholding structure within Nichidai Sansera Private Limited...

LT Foods Ltd to Hold Board Meeting to Discuss Q1 Financial Results LT Foods Limited has scheduled a meeting of its Board of Directors to review the financial performance for the quarter ended June 30, 2026.The board meeting is set to be held on Thursday, July 30, 2026. The agenda item includes considering and approving the Unaudited (Standalone and Consolidated) Financial Results of the Company for the first quarter. Additionally, the Limited Review Report of the Auditors pertaining to these results will be reviewed during the meeting.LTFOODS Stock Price Movement Shares of LT Foods Limited closed today, shedding 1.49% and settling at ₹373.25. The stock traded with a volume of 282,196 shares during the session.

Transteel Seating Technologies Allots 7,85,000 Equity Shares Upon Warrant Conversion Transteel Seating Technologies Limited (formerly Transteel Seating Technologies Pvt.Ltd) announced that its fund-raising committee approved the allotment of equity shares resulting from the conversion of warrants. This tranche saw 7,85,000 warrants converted into an equal number of equity shares.The preferential allotment was made to the Non-Promoter/Public Category upon receipt of funds totaling Rs. 4,71,00,000/-. The new equity shares were issued at an issue price of Rs. 80/- each against a face value of Rs. 10/- per share. This allotment includes a premium of Rs. 70/- per share.The transaction involved the conversion of 7,85,000 warrants allotted...