Markets

Indo-MIM IPO Set for Major Listing Debut; Grey Market Premium Signals 36.7% Surge Potential Indo-MIM Ltd.'s Rs 3,811-crore initial public offering (IPO) is poised for a significant listing debut on July 30, 2026. The book-built issue is generating intense investor interest, with the Grey Market Premium (GMP) currently indicating a robust market sentiment and potential premium over the issue price.The IPO involves a fresh issue of 1.03 crore equity shares aggregating to Rs 499.10 crore. This is complemented by an Offer for Sale (OFS) worth Rs 3,311.21 crore from existing shareholders. The total size adds up to the substantial Rs 3,811.21-crore offering.Indo-MIM IPO GMP: Decoding Market Sentiment Ahead of the public subscription...

Wonderla Holidays Announces AGM Details and Recommends Final Dividend Wonderla Holidays Limited has announced key dates for its 24th Annual General Meeting (AGM), along with a recommended final dividend for its shareholders. The company is set to hold the AGM on Wednesday, August 19, 2026.The Board of Directors recommended a final dividend of Rs. 2.00/- (which represents 20%) per equity share, given that the nominal value of each equity share is Rs. 10/-. The final dividend, should it be declared by the members during the AGM, will be paid within 30 days.The record date for the purpose of receiving this final dividend has been set as August 7, 2026.AGM and Share Transfer Schedule The company also provided a detailed schedule...

Meenakshi India Ltd Equity Shares Listed on BSE Main Board Platform Meenakshi India Limited (MIL) has officially commenced trading of its equity shares after receiving approval from BSE Limited for the direct listing of its stock on the exchange's main platform. The listing became effective starting July 22, 2026.The company's shares were admitted to dealings on the Main Board Platform of BSE Limited following an advisory notice issued by the exchange.Key Details of the Listing The listing involves 1,12,50,000 Equity Shares and was completed under BSE Notice No. 20260721-14 dated July 21, 2026. The details of the securities are as follows:Stock ExchangeBSE LimitedScrip Code544831Type of ListingMain Board - Direct Listing...

Jainik Power Cables Limited Updates Details of Preferential Issue Warrants and Shareholding Percentages Jainik Power Cables Limited, formerly known as Jainik Power and Cables Limited, has provided revised outcomes concerning its preferential issue of warrants convertible into equity shares. These revisions involve corrections regarding the name of one proposed allottee and details of pre and post-issue shareholding percentages for specific investors.The company conducted a preferential issue involving Warrants that are convertible into an equal number of Equity Shares. The total offering size is up to 30,00,000 Convertible Warrants, priced at Rs. 151.50/- per Warrant, amounting to a total raise of Rs. 45,45,00,000/- (Rupees Forty-Five...

Jyoti Structures Limited Sets Record Dates for 51st Annual General MeetingJyoti Structures Limited has announced the book closure period and relevant record dates concerning its upcoming 51st Annual General Meeting. The company designated the specific periods for its members' records in preparation for the general meeting scheduled on August 13, 2026.The Register of Members and Share Transfer Books will remain closed for two consecutive days. This closure period is set from Thursday, August 06, 2026 to Thursday, August 13, 2026, enabling the company to take the requisite records ahead of the Annual General Meeting.A separate cutoff date has been fixed specifically for remote e-voting purposes. Jyoti Structures Limited announced...

Rubicon Research Acquires US Manufacturing Facility in New JerseyRubicon Research Limited, a leading integrated pharmaceutical company, has announced the acquisition of a manufacturing facility in East Brunswick, New Jersey, USA, significantly expanding its global footprint. The asset was acquired by AdvaGen Holdings, Rubicon’s wholly owned subsidiary, from InvaTech Pharma Solutions, LLC for an enterprise value of USD 2.9 million.The transaction was completed on July 21, 2026. As part of the deal, Rubicon has taken over the facility, which includes the lease, all associated equipment, records, and permits. This acquisition provides the company with a US manufacturing presence comparable in size to its existing facility located in...

SRF Limited Reports Robust Q1FY27 Results Driven by Strong Performance Across Business Segments SRF Limited, a leading chemical-based multi-business entity engaged in manufacturing industrial and specialty intermediates, announced its consolidated financial results for the first quarter ended June 30, 2026. The company reported significant growth across all key segments, reflecting the resilience of its diversified portfolio despite an uncertain global environment.The unaudited consolidated financials showed a healthy increase in revenue and profitability during Q1FY27 when compared to the corresponding period last year (CPLY).Consolidated Financial Performance Highlights SRF Limited reported substantial increases in revenue...

Eternal Limited Approves Q1 Financial Results and Transfers Nugget Business to Wholly Owned Subsidiary Eternal Limited, formerly known as Zomato Limited, announced the approval of its unaudited financial results for the quarter ended June 30, 2026. The company also finalized a strategic business transfer involving the 'Nugget by Zomato' unit, transferring it to Carthero Technologies Private Limited (CTPL), a wholly owned subsidiary.The Board of Directors met on July 22, 2026, and approved several key outcomes, including the results for Q1 FY27. The company is preparing for its 16th Annual General Meeting scheduled for August 26, 2026, where shareholders will review the audited financial statements for the year ended March 31, 2026...

NRB Industrial Bearings Announces 15th Annual General Meeting for FY2025-26; AGM Scheduled for August 14, 2026 NRB Industrial Bearings Limited has scheduled its 15th Annual General Meeting (AGM) for shareholders and confirmed the availability of the Annual Report for the Financial Year 2025-26.The AGM is set to take place on Friday, August 14, 2026, at 02:00 P.M (IST). The meeting will be conducted via Video Conferencing (VC) facility or Other Audio Visual Means (OAVM).Shareholders who do not have their email addresses registered with the Company or its Registrar and Share Transfer Agent (RTA), MUFG Intime India Private Limited, can access the complete Annual Report details through a specific web link. The detailed annual report for...

Kajaria Ceramics Extinguishes 21,50,000 Equity Shares Post Buyback Completion Kajaria Ceramics Limited announced the successful extinguishment of 21,50,000 equity shares following a dedicated buyback offer. The company shared details regarding the reconciliation of its share capital subsequent to the transaction, which concluded after a tendering period spanning from July 3, 2026, to July 9, 2026.The action was taken in accordance with established procedures governing security buybacks, confirming that 21,50,000 equity shares of Re. 1/- each were extinguished by the company. This extinguishment process involved both dematerialized and physical share retirement.Share Capital Reconciliation Post Extinguishment The buyback led to a...

Stylam Industries Announces Q1 Results for FY2026: Standalone and Consolidated Figures Released Stylam Industries Ltd has announced its Un-audited Financial Results (Standalone and Consolidated) for the First Quarter (Q1) ended June 30, 2026. The results were reviewed by an Independent Auditor as part of the company's quarterly reporting obligations.The company also provided updates regarding its expansion plans, noting that it is currently working on a new plant in Panchkula, Haryana, which will be its third laminates plant and is expected to commence operations in August 2026.Standalone Financial Results Summary (Q1 FY27) The standalone financial performance of Stylam Industries Ltd for the quarter ending June 30, 2026, is...

UFO Moviez India Ltd Schedules Board Meeting to Approve Q1 Financial Results UFO Moviez India Limited has scheduled a meeting of its Board of Directors to review and approve the financial results for the first quarter ending June 30, 2026.The board meeting is set to be held on Tuesday, July 28, 2026. The primary agenda item for the meeting is the consideration and approval of the Unaudited Standalone and Consolidated Financial Results of UFO Moviez India Limited for the quarter ending June 30, 2026.UFO Stock Price Movement UFO Moviez India Limited sheds value in live trading, as shares slip by 1.18% to ₹67.15 with the market at 1:59 PM. The stock has seen a notably volatile session, hitting a daily low of ₹65.85 and registering a...

Transgene Biotek Reports No Non-Convertible Securities Obligations for Quarter Ended June 30, 2026 Transgene Biotek Ltd has confirmed that it did not issue any non-convertible securities during the quarter ended on June 30, 2026. Consequently, there are no outstanding obligations regarding interest, dividend, or principal payments related to such instruments for the specified period.The company's records confirm that Regulation 57(5) of the relevant regulations is not applicable to Transgene Biotek as a result of this non-issuance.A summary of the compliance status for the quarter ended June 30, 2026, regarding non-convertible securities obligations is detailed below:Compliance RequirementStatusCertificate confirming payment...

Meghmani Organics Ltd Clarifies Significant Volume Movement of Scrip Meghmani Organics Ltd has issued a statement addressing inquiries regarding the notable increase in trading volume of its scrip. The company clarified that the increased volume movement is solely attributable to market conditions and is purely market driven.The management of Meghmani Organics stated that they neither possess control nor have knowledge regarding the specific reasons for the significant uptick in the stock's volume.In response to communications concerning the volume surge, the organization confirmed its position, emphasizing that the movement within the company's scrip is entirely determined by market dynamics.MOL Stock Price Movement As of 1:58...

Alufluoride Ltd Board Approves Seeking Shareholder Nod on Continuance of Independent DirectorAlufluoride Ltd.'s Board of Directors approved the proposal for shareholder ratification regarding the continuance of Non-Executive Independent Director, Sir Yugandhar Meka. The board meeting addressing this matter was held on July 22, 2026.The directors considered and approved the necessity to seek shareholder approval via postal ballot or e-voting concerning the continuation of Mr. Meka's directorship beyond the age requirement of 75 years.Details regarding Mr. Yugandhar Meka and his tenure at Alufluoride Ltd. are as follows:DetailsSri Yugandhar MekaReason for seeking approvalApproval for continuance of office as Non-Executive &...

Hindustan Bio Sciences Ltd. to Hold Board Meeting on July 31, 2026 Hindustan Bio Sciences Limited has scheduled a meeting of its Board of Directors to discuss the company's performance for the recent quarter.The board meeting is set to take place on Friday, July 31, 2026. The event will be held at the company’s registered office, located at Plot No: Sagar Cooperative Housing Society, Road No: 2, Banjara Hills, Hyderabad - 500 034.The primary item to be considered during the meeting is the un-audited financial results of the company for the quarter that ended on June 30, 2026. The agenda also includes other matters, subject to the permission of the Chair.Stock Price Movement As of 13:34, shares of Hindustan Bio Sciences Ltd are...

Bansal Wire Industries Announces Q1 Financial Results and Appoints Key Auditors for FY26-27 Bansal Wire Industries Ltd, a manufacturer of steel wires, reported its unaudited financial results for the quarter ended June 30, 2026. During the board meeting held on July 22, 2026, the company approved the standalone and consolidated un-audited financial results and appointed external auditors for the upcoming financial year.The company's management recorded the Unaudited Financial Results (UFRs) for the quarter ended June 30, 2026, which were reviewed by Prateek Gupta & Company. Furthermore, the board approved the appointment of M/s Ashish & Associates as Cost Auditors and M/s S N Garg & Co. as Internal Auditors for the Financial Year...

Acquirers Announce Mandatory Open Offer for Parmax Pharma Ltd Stocks A consortium of individuals, led by Dhiren Chandulal Shah and Sunil Chinubhai Shah, has launched a mandatory Open Offer to acquire up to 23,46,250 Equity Shares in Parmax Pharma Limited. The offer aims to secure a substantial stake in the pharmaceutical company, with Acquirers and their associated Persons Acting in Concert (PACs) projected to hold a significant portion of the expanded voting capital upon completion.The Open Offer is being made by Dhiren Chandulal Shah and Sunil Chinubhai Shah, along with ten designated PACs. The offer aims to acquire up to 23,46,250 fully paid-up Equity Shares of Parmax Pharma Limited (the "Target Company"). These shares represent...

Orient Electric Reports Strong Topline Growth and EBITDA Expansion in Q1 FY27 Orient Electric Limited reported robust growth and sustained EBITDA expansion for the quarter ended June 30, 2026 (Q1 FY27), highlighting the accelerating performance across its multi-engine portfolio, particularly within the Electrical Consumer Durables (ECD) segment.The company saw significant revenue growth, supported by operational discipline and strategic initiatives across all major categories including Fans, Lighting, and Switchgear & Wires.Segment Performance Highlights Electrical Consumer Durables (ECD): The ECD segment demonstrated sustainable market share gains driven by widespread growth across channels. Key highlights include:Fans...

Epigral Ltd Schedules Conference Call to Discuss Q1 FY27 Results on July 27, 2026 Epigral Limited has announced a conference call scheduled for Monday, July 27, 2026, at 5:00 PM (IST) to discuss the results for the first quarter of fiscal year 2027 (Q1 FY27). The event is being organized by EMKAY GLOBAL FINANCIAL SERVICES LTD.The conference call will feature several senior members from Epigral Ltd. These participants include Maulik Patel, Chairman and Managing Director; Kaushal Soparkar, Executive Director; Rakesh Agrawal, Chief Financial Officer; and Milind Kotecha, who serves as Investor Relations and Strategy for the company.Scheduled for Monday, July 27, 2026, at 5:00 PM IST, participants interested in attending can use the...