Markets

International Gemological Institute Grants Stock Options Under 2024 Employee Plan The Nomination and Remuneration Committee of International Gemological Institute Limited approved the grant of stock options to eligible employees under the IGI Employee Stock Option Plan 2024. The decision was made during a meeting held on July 23, 2026.Under the plan, the company granted a total of 629,814 Employee Stock Options (Options). These options are designed for eligible employees under the IGI ESOP Plan 2024. The options grant exercisable into not more than 629,814 equity shares of face value Rs. 2/- each fully paid up.The company confirmed that all other details concerning the granted options, including the pricing formula determined by the...

Transgene Biotek Ltd Schedules Board Meeting to Discuss Quarterly Results and AGM Extension Transgene Biotek Ltd has scheduled a meeting of its Board of Directors for Friday, August 07, 2026, to consider several critical corporate matters. The agenda includes reviewing the company's recent financial performance, internal auditing requirements, and seeking an extension for the Annual General Meeting (AGM).The proposed board meeting is set to address the following key items:Approval of the N-Audited Financial Results (Standalone and Consolidated) for the quarter ending June 30, 2026. Consideration and approval of the Limited Review Report (Standalone and Consolidated) for the quarter ended June 30, 2026. Approval for seeking an...

Sammaan Capital Limited Pays Interest on Secured Redeemable Non-Convertible Debentures Sammaan Capital Limited has completed the interest payment obligations related to its Secured Redeemable Non-Convertible Debentures (NRCDs) issued through a public issue, as recorded in July 2026. The company ensured timely payments for the interest due under these debentures.The details of the interest payments for the listed NRCDs are provided below, covering two distinct issuances. The payment records indicate that both series of debentures maintained a monthly interest frequency and were paid as scheduled.Key data regarding the interest payments made by Sammaan Capital Limited is summarized in the table below:ISINIssue Size (INR...

ASK Liquid Fund Launch: Stability Meets Income as New Debt Scheme Targets Short Term Savings with Low Risk Profile The launch of ASK Liquid Fund signals a strong entry into the ultra-low risk segment of the debt market. This newly launched open-ended scheme is designed specifically to generate regular income by investing in money market and short-term debt instruments with residual maturity up to 91 days. The fund positions itself as a reliable solution for investors seeking stability and consistent returns without taking on high exposure risks.The scheme carries a Low to Moderate risk rating in the Scheme Risk-o-meter, while its benchmark is also rated Low to Moderate. This balanced approach aligns with the potential of short...

Tata Capital Releases Sustainability Report for FY 2025-26: Focus on Climate Action and Employee Well-being Tata Capital Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report details the company's ESG performance, operational footprint, and commitment to ethical conduct, which was subjected to Independent Reasonable Assurance by SGS India Private Limited.The BRSR outlines Tata Capital’s activities across its diversified financial services portfolio, driven primarily by lending operations that cater to Retail, SME, and Corporate client segments. The company possesses a paid-up capital of ` 4,244.87 crore.Operational Scope and Environmental Metrics As part of its...

Saptak Chem And Business Limited Board Meeting Scheduled for August 1: MD Appointment, Q2 Results to be Reviewed Saptak Chem And Business Limited has scheduled its Board of Directors meeting for Saturday, August 1, 2026. The meeting is set to take place at the Registered Office of the company and will address several key operational and financial items, including the appointment of a new Managing Director and the review of recent quarterly results.The agenda for the board meeting includes comprehensive reviews and decisions relating to the company’s near-term performance and future governance structure.Key items slated for discussion and approval during the August 1st meeting include:Financial Review: Consideration and approval...

Cyient Appoints Mr. Muralidhar Yadama as Independent Director Cyient Ltd has approved the appointment of Mr. Muralidhar Yadama as a Non-Executive, Independent Director. The Board of Directors ratified this decision on 23 July 2026.The company confirmed that the appointment is subject to shareholder approval and granted him a term for five consecutive years.Mr. Yadama's appointment addresses the change in the board composition. As noted in the corporate record, Mr. Muralidhar Yadama holds a Degree in Bachelor of Engineering in Ceramic & Cement Technology.Director Profile and Qualifications The following details provide insight into Mr. Yadama’s professional background:ParticularDetailsReason for AppointmentAppointment as...

Motilal Oswal Financial Reports Highest-Ever Quarterly PAT in Q1FY27, Driven by 73% Growth in Asset Management Mumbai: Motilal Oswal Financial Services Ltd. (MOFSL) announced record results for the quarter ended June 30, 2026, reporting a Total Profit After Tax (PAT) of ₹ 1,513 Cr, including Other Comprehensive Income (OCI). The robust performance was largely attributed to significant growth in the Asset Management business segment.The company emphasized that its strategy focused on increasing Annual Recurring Revenue (ARR) and fee-based income streams, with ARR constituting approximately 66% of the total revenue.Segmental Operating Profit Highlights The financial results across all segments showcased a diversified performance...

Logistics costs plunge as 142 Gati Shakti Cargo Terminals fuel industrial growth and rail freight movement Boosting Industry through Gati Shakti Cargo Terminals The 'Gati Shakti Multi-Modal Cargo Terminal (GCT)' policy has been launched to stimulate private investment in critical logistics infrastructure. This initiative aims to encourage the establishment of specialized cargo terminals, with locations determined by industry demand, potential cargo traffic, and existing railway infrastructure capabilities. The terminals are designed to fundamentally alter supply chain dynamics across India.Currently, 142 GCTs have been commissioned across the country. Furthermore, In-Principle Approvals (IPAs) have been granted for the development of...

Indian Railways Surges into Future with Indigenous Tech, Zero-Emission Hydrogen Fleet, and Major High-Speed Rail Expansion Indian Railways (IR) is undergoing a comprehensive modernization drive, transitioning from traditional rail transport to a highly advanced ecosystem of high-speed corridors, AI-driven safety systems, and diverse passenger services. This massive infrastructural overhaul underscores IR's commitment to national economic integration and inclusive mobility for all sections of society. The railway network is seeing rapid expansion through indigenously developed train sets across multiple classes—from luxury Vande Bharat Expresses to affordable Amrit Bharat trains.Revolutionizing Passenger Travel with Multi-Tiered Train...

Graphite India Limited Receives Order Regarding Input Credit Availment Graphite India Limited has received an order from the Additional Commissioner (Appeals), State Tax, LTU concerning a matter related to the excess availment of input credit under the CGST/WBGST Act, 2017.The company received the relevant order on July 20, 2026, pertaining to the assessment conducted under Section 73 of the CGST/WBGST Act, 2017. The order detailed the issues related to Input Tax Credit (ITC).As per the details of the order, which was issued on July 20, 2026, the financial demands include:ParticularsFinancial ImplicationTax (IGST+CGST+SGST)Rs. 35,98,869Interest (IGST+CGST+SGST)Rs. 35,52,232Penalty (IGST+CGST+SGST)Rs. 3,59,886...

Coforge Launches Nuuron: The AI Operating System Designed for Autonomous Enterprises Coforge Limited, a global AI-native engineering services leader, has announced the launch of Coforge Nuuron, an Artificial Intelligence Operating System (AI-OS) aimed at helping enterprises transition beyond isolated AI projects to industrialize AI-driven outcomes across their operations.The AI-OS is built upon years of investment in various AI-native platforms, including Forge-X™, evolveOps.AI™, CodeInsight.AI™, Data Cosmos™, Quasar™, and BLUESWAN. Nuuron establishes a unified operational layer that connects an enterprise's workflows, decisions, actions, knowledge, and business context. This infrastructure allows organizations to deploy agentic AI at...

Rupee Treads Cautiously as Global Oil Prices Surge Amid West Asia Hostilities The Indian Rupee settled slightly weaker against the US dollar on Thursday, closing at 96.57 (provisional). This minor depreciation came despite intense geopolitical tensions in West Asia, which continue to keep global crude oil prices elevated. Forex traders note that a likely intervention by the Reserve Bank of India (RBI) provided significant support to the local currency unit throughout the day.Rupee Movement and Global Crude Surge The rupee depreciated 4 paise from its previous close. On Thursday, the currency traded within a narrow range of 96.45-96.59 in the interbank foreign exchange market, eventually settling at 96.57. This marks a slight movement...

HEC Infra Projects Announces AGM Details and Appoints Auditors for Multiple Years HEC Infra Projects Limited has announced the outcomes of its Board meeting, detailing the upcoming Annual General Meeting (AGM) and confirming the appointment of new Secretarial and Cost Auditors for the company.The company stated that the 21st Annual General Meeting (AGM) is scheduled to be held on Friday, September 18, 2026. The meeting will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM).Shareholders have been given facilities for both 'Remote e-voting' and the 'e-voting system during the AGM'. Key dates related to shareholder voting include:EventDate/TimeCommencement of Remote e-voting9:00 A.M. on Tuesday...

Aayush Art And Bullion Appoints New Managing Director as Founder Resigns Aayush Art And Bullion Ltd, formerly AKM Creations Limited, has announced significant changes in its leadership structure. The company's Board of Directors approved key appointments and a high-level resignation on July 23, 2026.Mr. Mehal Bipinchandra Raval was appointed as an Additional Executive Director and designated the Managing Director of Aayush Art And Bullion Ltd. This appointment follows a comprehensive review of the company's operational requirements. Mr. Raval brings over 14 years of experience in sales, marketing, business development, client relationship management, and team leadership within the financial services sector. His expertise spans...

Sona BLW Precision Forgings Reports Q1 Results Amid Strategic Partnership with DENSO for EV Powertrain Systems Sona BLW Precision Forgings Limited has released its Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026. The results were presented following the approval by the Board of Directors on July 23, 2026.The company operates within the single reportable business segment: "Mobility components, systems and sub-systems." Key strategic activities include the signing of definitive agreements with DENSO Corporation Japan to establish two joint ventures focused on developing Electric and Hybrid powertrain systems.Strategic Business Developments On July 22, 2026, Sona BLW Precision signed...

E To E Transportation Infrastructure Limited Declared L1 for Major Electronic Interlocking System Project with North Eastern Railway E To E Transportation Infrastructure Limited has been awarded a significant works contract by S&T (Construction), Gorakhpur, North-Eastern Railway. The company was declared the lowest bidder (L1) for the project involving the Design, Programming, Installation, Supply, Testing and Commissioning of Electronic Interlocking (EI) systems across several railway stations.The contract pertains to the EI system work at Bansgaon Station, Piprauli Station, Khajani Station, and Unwal Station. The scope also includes indoor and outdoor work, as well as telecom work in the Sahjanwa-Bansgaon section. Furthermore, the...

MSME Sector Surges as Government Boosts Credit Guarantee Ceiling and Eliminates Collateral Requirement for Micro Enterprises The Ministry of Micro, Small and Medium Enterprise (MSME) has significantly revamped its credit support framework with the implementation of the Credit Guarantee Scheme (CGS). This scheme, facilitated through the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), is designed to ensure that micro and small enterprises receive necessary credit facilities across the country.The initiative guarantees loans without requiring collateral security or any third-party guarantees, thereby drastically lowering barriers to finance for MSMEs nationwide. The measures specifically benefit first-generation...

Artisans and Entrepreneurs Surge as Centre Launches Mega Support Initiatives in West Bengal The Ministry of Micro, Small and Medium Enterprises (MSME) is actively rolling out crucial economic empowerment schemes across West Bengal in collaboration with the State Government. The implementation of the PM Vishwakarma Scheme marks a significant step to bolster the artisan community, while substantial financial support has been provided through long-standing initiatives like Pradhan Mantri Mudra Yojana (PMMY).Financial Strength: PMMY Disbursement Booms in West Bengal The state has shown robust uptake of lending facilities under the Pradhan Mantri Mudra Yojana (PMMY). Since its inception on April 8, 2015, a massive portfolio of loans...

Kabra Extrusiontechnik Suspends Operations at Daman Facility Amid Heavy Rainfall and Flooding Kabra Extrusiontechnik Ltd has temporarily suspended operations at its manufacturing facility in Daman due to flooding caused by incessant heavy rainfall and severe waterlogging in the region. The decision was made as a precautionary measure, prioritizing the safety of employees.The suspension began on July 23, 2026, affecting the plant located at Kabra Industrial Estate, Kachigam, Daman. The company initiated the temporary halt to facilitate necessary dewatering, inspection, cleaning, and restoration activities at the affected manufacturing facility. Management stated that the company expects to progressively resume normal operations at the...