Markets

Board Meeting Set for Industrial & Prudential Investment Company Ltd to Consider Q1 2026 Financial Results Industrial & Prudential Investment Company Ltd has announced that a meeting of its Board of Directors will be held on Thursday, August 06, 2026. The primary agenda item for the gathering is to consider the approval of the Unaudited Financial Results (both standalone and consolidated) for the quarter ended June 30, 2026.The Board meeting is scheduled to review the company's financial performance during that period.In addition to the financial consideration, the company provided an update regarding trading restrictions. In line with its Code of Conduct designed to Regulate, Monitor and Report Trading by Designated Persons and...

Nilachal Refractories Ltd's Board Approves Disposal of Undertaking and Related Party Transaction Proposal The Board of Directors of Nilachal Refractories Limited approved a significant proposal involving the sale or transfer of movable assets, which may constitute the disposal of substantially the whole of the company’s undertaking. The decisions were taken at a meeting held on Wednesday, July 22, 2026.During the board meeting, the directors reviewed and sanctioned the proposal for the disposition of certain movable assets. This transaction is subject to shareholder approval and other required statutory and regulatory clearances.Additionally, the Board approved entering into proposed Related Party Transaction(s) in connection with...

Vachi Commercial LLP Acquires Shares in Continental Securities Ltd Through Preferential Allotment Vachi Commercial LLP has acquired 4,00,000 equity shares of Continental Securities Limited through a preferential allotment by the company. This acquisition contributes to the shareholding of Vachi Commercial LLP and associated Persons Acting in Concert (PACs) in the target company.The transaction was finalized following the allotment on July 21, 2026, marking an increase in the equity base of Continental Securities Limited.Transaction Details and Capital Structure Impact Continental Securities Limited's share capital underwent changes as a result of this preferential allotment. Prior to the acquisition, the target company had issued...

Srivasavi Tapes Approves Directors' Report, Sets Date for 17th Annual General Meeting The Board of Directors of Srivasavi Adhesive Tapes Limited finalized several key operational and governance items during a meeting held on Wednesday, July 22, 2026. The board approved the Director's Report for the financial year ended March 31, 2026, and addressed matters pertaining to directorial remuneration and the upcoming Annual General Meeting (AGM).Key resolutions passed by the company’s Board of Directors include the approval of the Director’s Report for the fiscal year ending March 31, 2026. The board also approved the remunerations of directors exceeding the overall Managerial remuneration Limit as stipulated under Section 197 of the...

Mitshi India Appoints Mrs. Rekha Rani Naraniwal as Additional NonExecutive Independent DirectorMitshi India Limited (formerly Dera Paints & Chemical Limited) has appointed Mrs. Rekha Rani Naraniwal as an Additional NonExecutive Independent Director of the company. The decision was made by the Board of Directors during a meeting held on July 22, 2026.The appointment of Mrs. Naraniwal is effective from July 22, 2026, and is subject to subsequent shareholder approval.Mrs. Rekha Rani Naraniwal (DIN: 08467886) was appointed following the recommendation of the company's Nomination and Remuneration Committee. The Board noted that Mrs. Naraniwal has 15 years of experience, with a specialization in legal, listing and Secretarial Compliance...

Fratelli Vineyards Announces Board Meeting to Discuss Un-Audited Q1 Financial ResultsFratelli Vineyards Ltd., formerly known as Tinna Trade Limited, has scheduled a meeting of its Board of Directors to review and approve key corporate matters. The board meeting is set for Tuesday, July 11, 2026.The agenda for the meeting includes considering and taking on record the Un-Audited Standalone and Consolidated Financial Results of the Company for the first quarter ended on June 30, 2026. This review will also include a Limited Review Report from the Statutory Auditors.In addition to the financial matters, the Board is scheduled to address any other associated business.The company also provided an update regarding the trading window...

Mitshi India Ltd Accepts Resignations of Two Additional Non-Executive Independent Directors Mitshi India Limited, formerly known as Dera Paints & Chemical Limited, has accepted the resignations of two of its Additional Non-Executive Independent Directors. The Board of Directors confirmed the cessation of Mrs. Bijal Yogesh Durgavale and Mrs. Sheetal Bhavin Nagda, effective from the close of business hours on July 22, 2026.The company noted that both directors submitted their resignations citing other professional commitments. The Board formally accepted the departures and recorded its sincere appreciation for the contributions made by both individuals during their tenure with the Company.Director Cessation Details The resignation of...

Acquisition Details: Tejassvi Aaharam Ltd Receives 4.2 Million Shares Through Preferential Allotment Tejassvi Aaharam Ltd has completed the acquisition of new equity through a preferential allotment, significantly expanding its share capital base. The shares were allotted on July 20, 2026.The acquisition was carried out by several designated entities and Persons Acting in Concert (PACs). Among the acquiring parties are Rajat Chakra & Holding Pvt Ltd, Sipping Spirits Private Limited, Saranga Investments and Consultancy Private Limited, and Rajalakshmi Natarajan (PAC).This transaction resulted in the allotment of 4,21,97,154 equity shares. The acquisition was completed via a preferential allotment to the concerned entities.Share...

New Director Appointed and Independent Directors Resign from Mitshi India Ltd Board Mitshi India Ltd (formerly Dera Paints & Chemical Limited) announced significant changes to its board structure, with the appointment of a new director and the resignation of two additional non-executive independent directors following a Board meeting held on July 22, 2026. The company also reconstituted key committees, including the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee.Mrs. Rekha Rani Naraniwal was appointed as an Additional Non-Executive Independent Director of Mitshi India Ltd, effective from July 22, 2026. Mrs. Naraniwal is a resident of India and holds a membership in ICSI. She brings 15...

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...