Markets

Government of Madhya Pradesh and Paras Semiconductors Ink MoU for ₹6,200 Crore Advanced Facility Paras Semiconductors, the semiconductor division of Paras Defence and Space Technologies Ltd., has signed a Memorandum of Understanding (MoU) with the Government of Madhya Pradesh. The deal establishes an advanced semiconductor packaging OSAT facility within the state, backed by a proposed investment of ₹6,200 crore.The project requires the allotment of fifty acres of land on the strategically located Ujjain -Indore Corridor. This initiative is set to strengthen India's semiconductor manufacturing ecosystem and accelerate the development of semiconductor devices for strategic applications.Focus on Strategic Semiconductor Capabilities...

Tokyo Finance Ltd Approves Q1 Results; Appoints New Auditors Tokyo Finance Limited announced key decisions following its recent Board meeting, including the approval of unaudited financial results for the quarter ended June 30, 2026, alongside the appointment of a Secretarial Auditor and an Internal Auditor for the Financial Year 2026-27.The company's board reviewed and approved the Unaudited Financial Results (Standalone) as recommended by its Audit Committee. These results were reviewed by Chartered Accountants, showing details on revenue, expenses, and profit figures across multiple periods.Financial Performance Overview The Statement of Financial Results for the Quarter ended June 30, 2026, provides a comparison of key financial...

Ameenji Rubber Receives Large Order from Southern Railway Worth Over 4 Crore Ameenji Rubber Limited has secured a significant purchase order from the Office of the Principal Chief Materials Manager, Southern Railway, for the manufacturing and supply of specialized rubber components. The domestic order is valued at Rs. 4,19,81,450/- (Rupees Four Crore Nineteen Lakh Eighty-One Thousand Four Hundred Fifty Only).The purchase order pertains to the manufacture and supply of 6 mm Thick Nylon Cord Reinforced Grooved Rubber Sole Plates. These plates must conform strictly to applicable RDSO specifications and technical requirements for Southern Railway.According to the details provided, the total value of this non-stock Purchase Order is Rs...

CSB Bank Reports Strong Q1 FY27 Results: Deposits and Advances Grow Significantly CSB Bank Ltd has announced its unaudited financial results for the quarter ending June 30, 2026, showcasing robust growth in deposits and advances alongside healthy operational performance. The Board of Directors took on record these results, which are subject to review by Statutory Auditors during their meeting held on July 22, 2026.The bank saw substantial growth across its core business segments. Total Deposits grew by 26% year-on-year (YoY) reaching ₹45,415 crore as of June 30, 2026, up from ₹35,935 crore in the previous fiscal year. The Customer Deposits Against Advances (CASA) ratio stood at 19% on the same date.Net Advance grew by 24% YoY...

Shiva Cement Ltd Board Meeting Scheduled to Approve Q1 Unaudited Financial Results Shiva Cement Ltd has announced that its Board of Directors meeting is scheduled for Monday, July 27, 2026. The primary agenda item for the meeting includes considering and approving the Unaudited Financial Results for the quarter ended June 30, 2026.In addition to the financial review, the company provided updates regarding its insider trading window protocols concerning these results.As part of the Company's Code of Conduct aimed at preventing Insider Trading, the insider trading window for designated persons and their immediate relatives has been closed starting July 1, 2026. This closure relates to the consideration of the Unaudited Financial...

Excel Paints Private Limited seeks reclassification from Promoter Category to Public StatusOlympic Management & Financial Services Ltd announced that it applied for the reclassification of Excel Paints Private Limited. The application was submitted on June 01, 2026, seeking to transition the company's status.The move relates to changing Excel Paints Private Limited's category from the Promoter and Promoter Group status to the Public category. This action indicates a strategic shift concerning the company's regulatory standing as it moves toward broader market classification.Stock Price Movement At the close on Monday, Olympic Management & Financial Services Ltd. settled at ₹9.62, recording no percentage change during the trading...

Prithvi Exchange Launches ICONIC Forex Card, A Multi-Currency Solution for Global Travellers Prithvi Exchange (India) Limited, a recognized leader in Foreign Exchange solutions with 31 years of experience in India, announced the launch of its premium multi-currency prepaid travel card, the ICONIC Forex Card. The new product is specifically designed to redefine international payment experiences for travelers across various segments.The ICONIC Forex Card is aimed at Leisure Travellers, Business Professionals, Students, and Frequent Flyers. Developed to assist customers in managing international expenses efficiently, the card supports 23 Major Foreign Currencies and offers competitive exchange rates, helping users reduce reliance on cash...

Swojas Foods Completes Warrant Conversion, Reporting Capital Increase After Equity Allotment Swojas Foods Ltd has finalized the conversion of a portion of its previously allotted Convertible Warrants into fully paid-up equity shares, resulting in an increase in the company's paid-up share capital. The Board of Directors approved the allotment following the exercise of conversion options by certain non-promoter warrant holders.The conversion pertains to warrants initially issued as part of a larger tranche totaling 2,59,84,500 Convertible Warrants, which had been granted with a face value of ₹10 and an issue price of ₹16.50. The initial subscription for these warrants required investors to pay 25% of the issue price.The Board Meeting...

Emami Paper Mills Approves Q1 Financial Results and Details Preference Share Redemptions Emami Paper Mills Limited announced the approval of its Unaudited Financial Results for the quarter ending June 30, 2026. The company also provided details regarding the upcoming redemption of two series of Optionally Convertible Redeemable Preference Shares (OCRPS).The Board of Directors reviewed and approved the financial results. As per the management’s reporting, Total Income stood at 560.37 Crore for the quarter ended June 30, 2026. Expenses were reported at 352.84 Crore, resulting in a Profit after tax of 38.61 Crore.Key performance indicators from the Unaudited Financial Results are detailed below:ParticularsQtr Ended 30.06.2026...

CSB Bank Limited Releases Unaudited Financial Results for Quarter Ended June 30, 2026; Highlights Key Ratios CSB Bank Limited has announced its Unaudited Financial Results and a Limited Review Report for the quarter ended June 30, 2026. The Board of Directors reviewed and approved these results in a meeting held on July 22, 2026, alongside the review report issued by the joint statutory auditors, Walker Chandiok & Co. LLP and Sundaram & Srinivasan.The Unaudited Financial Results provide insight into the Bank's performance across various metrics for the quarter. The results have been prepared in accordance with Accounting Standard 25 (AS 25) and relevant provisions of the Banking Regulation Act, 1949.Key Financial Performance...

Ramco Cements Announces Dividend Recommendation and Releases Integrated Annual Report for FY 2025-26 The Ramco Cements Limited has communicated key financial updates to its shareholders, including the release of the Integrated Annual Report for the Financial Year 2025-26 and details regarding the upcoming 68th Annual General Meeting (AGM). The company also provided an update concerning dividend taxation for FY 2025-26.The Notice for the 68th AGM, along with the Integrated Annual Report, is available through the company’s website, www.ramcocements.in. The meeting is scheduled to be held on August 20, 2026, via Video Conference.Dividend Recommendation and Payout Details The Board of Directors, during its meeting held on May 22, 2026...

Aarcon Facilities Ltd. Board Meeting Scheduled for July 30 to Approve Q1 Results and Address Key Appointments Aarcon Facilities Ltd has scheduled a meeting of its Board of Directors to consider several critical business transactions, including the approval of standalone unaudited financial results for the quarter ended June 30, 2026, and the appointment of new roles.The Board Meeting is slated to take place on Thursday, July 30, 2026, at 11:30 a.m. The meeting will be held at the Registered Office of the Company located in Vadodara.The agenda set for the board meeting encompasses matters related to both financial review and corporate structure adjustments. Key items to be addressed include fixing the date, time, and date for the...

Lords Ishwar Hotels Releases Unaudited Financial Results for Quarter Ended June 30, 2026 Lords Ishwar Hotels Ltd. has released its standalone unaudited financial results for the quarter ended June 30, 2026. The company's single segment of activity is 'Hotelier'.The statement includes a limited review report issued by statutory auditors regarding the unaudited figures.Financial Performance Highlights (All figures in Rs Lakhs) The company reported Total Revenue for the quarter ending June 30, 2026, at 232.24 Lakhs. This revenue was derived from 231.60 Lakhs in Revenue from Operations and 0.64 Lakhs in Other Income.Total expenses for the period stood at 218.20 Lakhs. These costs included 1767 Lakhs for Food and Beverages Consumed...

JSW Energy Ltd: Voting Results Show Scheme of Arrangement Approved by Equity Shareholders and Unsecured Creditors JSW Energy Limited announced the voting results for its Tribunal Convened Meetings held on July 20, 2026, concerning the proposed Scheme of Arrangement between GE Power India Limited (the Demerged Company) and JSW Energy Limited (the Resulting Company). The meetings were convened as per an order dated June 2, 2026, from the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench.The meeting results showed a near unanimous approval by Equity Shareholders and a full approval of the scheme by Unsecured Creditors.Equity Shareholders Meeting Results The meeting saw the consideration and approval of the Scheme of...

Excel Paints Private Limited Applies for Reclassification from Promoter to Public Category<p>The company Excel Paints Private Limited has initiated a move toward increased public status. On July 22, 2026, an application was made seeking the reclassification of the entity from the 'Promoter & Promoter Group' category to the 'Public' category.</p><p>This action relates to the outcome following a Board Meeting and minutes that were submitted on June 01, 2026. The submission aims to formalize this classification change, signaling a transition in its corporate structure and operational standing as it moves toward broader public recognition.</p>Stock Price Movement Olympic Management & Financial Services Ltd. settled at ₹9.62 on Monday...

Tata Teleservices Announces Q1 Financial Results, Extends RPS Redemption Term, and Appoints New Auditors Tata Teleservices (Maharashtra) Ltd has approved its unaudited financial results for the first quarter ended June 30, 2026. The company also finalized several key corporate actions following a Board meeting held on July 22, 2026, including the appointment of new senior management personnel and the extension of the redemption term for certain preference shares.The un-audited financial results were approved by the Board, with the supporting Limited Review Report issued by M/s Price Waterhouse Chartered Accountants LLP forming part of the results documentation. The company's first quarter figures reflect a diversified operational...

Sharda Cropchem Schedules Conference Call to Discuss 1QFY27 Earnings Sharda Cropchem Limited is scheduled to hold a post results conference call regarding its 1QFY27 earnings. The event, hosted by Antique Stock Broking Limited, is set for Thursday, July 30, 2026, at 3:30 p.m. IST.The company's senior management team will be present during the call. Attendees from Sharda Cropchem Ltd include Mr. Ramprakash V. Bubna, Chairman & Managing Director; Mr. Shailesh Mehendale, CFO; and Mr. Jetkin Gudhka, Company Secretary.The conference call provides investors and analysts an opportunity to discuss the first-quarter financial performance of the company.Details for those wishing to join the event are provided below:Access TypeDetails...

ASI Industries Sells Shares of Lloyds Engineering Works, Reducing Stake to Nil ASI Industries Ltd has completed the sale of its equity stake in Lloyds Engineering Works Ltd, confirming that the company’s holding in the firm is now NIL. The transaction was finalized on July 21, 2026, through open market dealings conducted via the stock exchange at prevailing market prices.The move involved ASI Industries selling 6,05,291 equity shares of Lloyds Engineering Works Ltd. Prior to the sale, these shares represented approximately 0.041% of the paid-up share capital of Lloyds Engineering Works Ltd.The open market transaction resulted in ASI Industries completely divesting its investment in the company. The firm confirmed that the disposal...

Lords Ishwar Hotels Announces Board Meeting Outcomes; Unaudited Results for Q2 FY26 Released Lords Ishwar Hotels Ltd has provided its Statement of Standalone Un-audited Financial Results for the quarter ended June 30, 2026. The results were approved by the company's Board of Directors during a meeting held on July 22, 2026. The board also approved the company's report and scheduled its forthcoming Annual General Meeting (AGM).The company stated that it has only one segment of activity: 'Hotelier'.Financial Performance Summary (Rs. in Lakhs) The financial performance metrics for Lords Ishwar Hotels Ltd across various periods are detailed below, covering revenue, expenses, and profitability figures.MetricQuarter Ended 30.06.2026...

Hormuz Blockade Pushes Brent Above $93 as Shipping Traffic Plunges Towards Crisis-Era Lows The geopolitical tension surrounding the Strait of Hormuz has caused a sharp surge in crude oil prices, driving Brent above $93 a barrel on July 22. This dramatic movement follows concerns over cargo movement through this critical shipping corridor.Brent crude jumped past the crucial $90 mark as global anxieties intensify regarding the stability of maritime trade routes. The price surged from $71.99 on June 26 to reach $93 a barrel in less than a month. This escalation highlights the immediate vulnerability of international commodity flows.Brent Price Rally and Historical Context The latest rally represents a significant reversal from late...