Markets

CareEdge Ratings Withdraws Credit Ratings for Primo Chemicals' Bank Facilities Primo Chemicals Limited has announced that CareEdge Ratings Limited has withdrawn all outstanding credit ratings previously assigned to the company's bank facilities. The decision by the rating agency was made in adherence to the CARE Rating's internal withdrawal policy, as communicated in a letter dated 21.07.2026.The action taken by CareEdge Ratings followed a request initiated by Primo Chemicals Limited. The withdrawal process occurred after the company successfully secured the necessary No Objection Certificates (NOCs) from the banks whose facilities were originally rated by CareEdge Ratings Limited.This rating status pertains specifically to the bank...

Godrej Industries Limited Announces 38th Annual General Meeting and Releases FY2025-26 Annual Report Godrej Industries Limited has announced the details of its upcoming 38th Annual General Meeting (AGM) and provided access to the Annual Report for Financial Year 2025-2026. The company issued communication regarding the AGM schedule and ensured that shareholders who have not registered their contact details can access the necessary documents.The 38th AGM of Godrej Industries Limited is scheduled to be held on Thursday, August 13, 2026. The meeting will take place at 3:00 p.m. (IST) and will be conducted through a Video Conference facility or other Audio-Visual Means (VC/OAVM).The Notice convening the AGM, along with the Annual Report...

Emkay Global Financial Services’ Promoter Receives Trading Approval for Warrants-Converted Shares Stock exchanges National Stock Exchange of India Limited (NSE) and BSE Limited granted trading approval for 100,000 equity shares allotted to Mr. Prakash Kacholia, a promoter of the company. These shares were received by Emkay Global Financial Services Ltd upon the conversion of warrants that had been issued on a preferential basis.The successful clearance from both exchanges means the allotment is ready for market trading. The stock exchanges confirmed that the equity shares are admitted to dealings effective from July 22, 2026.The allotted securities pertain to an issue where the face value was Rs. 10/- per share, and they were issued...

E2E Networks Surges 5% on Record Q1 Profit; AI Hyperscaler Swings to Black After Massive Revenue Spike Shares of AI-focused cloud hyperscaler E2E Networks surged 5% to hit the upper circuit at Rs 469 on Wednesday, signaling a major turnaround for the company. This powerful rally followed the announcement of a net profit in Q1FY27, after the firm reported a significant net loss in the corresponding quarter last year.The results underscore E2E’s rapid expansion and operational efficiency gains within the burgeoning AI infrastructure sector. The stock's performance is part of an impressive run; E2E Networks shares have seen a 125% rise in the past six months, while the one-year gain stands at 88%.Financial Turnaround Highlights Massive...

Oracle Financial Services Software Ltd Allots 3,371 Equity Shares to Employees via ESOP Plan Oracle Financial Services Software Ltd has announced the allotment of equity shares following the exercise of stock options under its OFSS Stock Plan 2014. The decision was made by the company’s ESOP Allotment Committee of the Board of Directors on July 22, 2026.The company approved the allotment of 3,371 equity shares to eligible employees who exercised their stock options. Each share has a face value of Rs. 5/-. As part of this allotment, Oracle Financial Services Software Ltd confirmed that no shares were allotted to the Directors of the Company. The newly issued shares rank pari passu with all existing equity shares.The ESOP allotment...

DSM Fresh Foods Reports Robust Q1 FY27; Revenue Jumps 58% YoY, Proforma Revenue Reaches ₹85 Crore Mumbai: DSM Fresh Foods Limited, an integrated omnichannel fresh protein company, announced its provisional and unaudited business performance update for the quarter ended June 30, 2026. The company recorded a significant start to FY27, with Revenue from Operations growing by 58% year-on-year (YoY) to approximately ₹74 crore.The results reflect successful operational expansion and strategic acquisitions. Following the completion of the Meevaa Foods acquisition in the first week of July 2026, the combined consumer business is operating at an approximate pro-forma quarterly revenue run rate of ₹85 crore, reflecting enhanced scale.Retail...

Bansal Roofing Products Ltd. to Hold Board Meeting to Discuss Q1 Results and Dividend Recommendation Bansal Roofing Products Limited announced that its Board of Directors will convene a meeting on Monday, August 10, 2026. The meeting is scheduled to be conducted via video conference and includes critical agenda items related to the company's recent performance and future financial decisions.The primary focus of the board meeting will be reviewing the Unaudited Standalone Financial Results for the Quarter ending June 30, 2026. Attendees are also required to consider and approve the Limited Review Report issued by the Auditor regarding these results.A second key item on the agenda is the consideration of a recommendation for a final...

Tata Power to Consider Issuance of NCDs and Debt Securities via Private Placement The Board of Directors of The Tata Power Company Limited is scheduled to consider the issuance of Non-Convertible Debentures (NCDs), Bonds, and other Debt Securities on a private placement basis.This decision will be taken during a Board meeting scheduled for Monday, July 27, 2026. The proposed action relates to the company's plan to raise capital through debt instruments in the private market.TATAPOWER Stock Price Movement As of 11:24 AM, shares of Tata Power Company Limited are shedding value in live trading, currently priced at ₹379.45 after slipping 0.52%. The stock has seen heavy activity today, with over 954,661 shares traded so far.

Meesho Allots 271,303 Equity Shares Against Employee Stock Option Exercise Meesho Ltd has approved the allotment of equity shares to eligible employees following the exercise of options under its Employee Stock Option Plan, 2024 (ESO P 2024 Plan). The allotment was sanctioned by the Nomination and Remuneration Committee of the Board of Directors on July 22, 2026.The company allocated a total of 271,303 equity shares, each with a face value of Re. 1/- to employees who exercised vested options under the ESO P 2024 Plan. The newly allotted equity shares are stated to rank pari-passu with all existing equity shares of Meesho Ltd in every respect.This allotment results in an increase in the issued, subscribed, and paid-up equity share...

Galaxy Surfactants Ltd Grants Stock Options Under Performance Stock Option Plan 2025 Galaxy Surfactants Limited has approved the grant of stock options to eligible employees under the GALAXY SURFACTANTS LIMITED - PERFORMANCE STOCK OPTION PLAN 2025 (PSOP 2025). The decision was made by the Nomination and Remuneration Committee of the company.The plan introduces a performance-based incentive structure for employees, subject to specific vesting conditions outlined in the PSOP 2025 Scheme and grant letters.According to the details provided regarding the options granted:ParticularsDetailsOptions Granted8400 optionsShare Face ValueRs. 10/- eachExercise PriceRs. 10/- per optionVesting ScheduleAfter the Annual General...

Indo-MIM IPO set for Surge as Grey Market Premium Hits 40% Ahead of Massive Listing Day Indo-MIM, a renowned precision engineering manufacturer based in Bengaluru, is poised to launch its Rs 3,811.21-crore Initial Public Offering (IPO) tomorrow, July 23. The company's shares are currently commanding significant market anticipation, with the grey market premium (GMP) standing at a strong 40 percent ahead of the issue opening.The preliminary buzz surrounding the IPO is exceptionally high. As reported by Investorgain data as of July 22 morning, the GMP for Indo-MIM shares was pegged at Rs 194 per share. This level translates to a 40 percent premium over the upper end of the fixed price band. Another valuation suggests an estimated...

Kisan Mouldings Announces Board Meeting to Approve Q1 2026 Financial Results; Trading Window Status Provided Kisan Mouldings Ltd. has scheduled a meeting of its Board of Directors to consider and approve the Unaudited financial results for the quarter ended June 30, 2026.The Board meeting is set to take place on Monday, July 27, 2026. The primary agenda item is the review and approval of the Company's standalone and consolidated financial results corresponding to the specified quarter.In addition to the operational update regarding the Board meeting, the company provided an update concerning its insider trading window policy. As previously communicated, the trading window for insiders has been closed since July 01, 2026, in line...

Sportking India Announces Q2 FY24 Earnings Call to Discuss Financial and Operational Performance Sportking India Ltd., a Government Recognised Four Star Export House, has announced an earnings call for its stakeholders regarding the operational and financial performance of the company. The event is scheduled to provide insights into the business activities for the quarter ended June 30, 2026.The earnings call is set for Monday, August 3, 2026, at 03:00 P.M. (IST). This dedicated forum aims to discuss the company’s performance during the specified quarter, offering management insights into market and operational health.Management participants who will be present at the earnings call include Mr. Munish Avasthi, Chairman & Managing...

Filmcity Media Limited Allots 19 Lakh Equity Shares in Preferential Issue; Paid-up Capital Reaches Rs 4.95 Crore Filmcity Media Limited has completed a preferential allotment of equity shares, increasing its paid up capital. The company's Board of Directors met to approve the issue, which saw a total of 19,00,000 equity shares allotted at an issue price of Re. 1/- per share.The Preferential Issue Committee of Filmcity Media Limited approved the allotment during a meeting held on Wednesday, July 22, 2026. The committee considered and sanctioned the issuance of 19,00,000 equity shares for cash, representing an aggregate amount up to Rs 1,90,00,000.The allottees included members from both the Promoter & Promoter Group category and...

Kovilpatti Lakshmi Roller Flour Mills Completes GST Proceedings After Tax Authority Accepts Company's Reply Kovilpatti Lakshmi Roller Flour Mills Limited has received a conclusive order from the tax authorities regarding a discrepancy notice pertaining to Assessment Year 2022-23. The proceedings, initiated under Form GST ASMT-10 and addressed by the company through Form GST ASMT-11, have concluded after the Assistant Commissioner (ST) in Tirunelveli accepted the company's detailed reply.The resolution addresses a notice issued on March 13, 2026, concerning various alleged defects under the assessment year 2022-23. The final Order in Form GST ASMT-12, dated July 10, 2026, confirmed that all matters are concluded and the company owes no...

Laxmi Organic Industries Announces Earnings Conference Call for Q1 FY27 Laxmi Organic Industries Ltd has scheduled an Earnings Conference Call to discuss the operational and financial performance for the first quarter of fiscal year 2027 (Q1 FY27). The conference call is set for Thursday, July 30, 2026, starting at 02:00 PM IST.The event invites investors and analysts to join a discussion regarding the company's performance during the quarter ended June 30, 2026.Participants in the conference call include Dr. Rajan Venkatesh, Managing Director & Chief Executive Officer, and Mr. Amit Jain, Chief Financial Officer of Laxmi Organic Industries Limited.Key details for participants are as follows:DetailInformationCompanyLaxmi...

DRA Consultants Ltd Board Approves Credit Facility Renewal and Reviews Quarterly Operations The Board of Directors of DRA Consultants Limited considered and approved key operational matters during a meeting held on Wednesday, July 22, 2026. The company confirmed the renewal of its credit arrangement facilities with ICICI Bank and reviewed its business operations for the first half of the fiscal year.The board meeting addressed the renewal of Credit Arrangement Facilities extended by ICICI Bank. These facilities include provisions for Bank Guarantee, CC Limits, and OD Limits. The approval covered all subsequent amendments required within the Credit Arrangement framework.In addition to the financial facility update, the Board...

Millworks Technologies Ltd Reports Acquisition Details: Stakeholding Stands at 5.40%Millworks Technologies Ltd has reported details regarding its acquisition stake, indicating a holding level of 5.40% in connection with the acquisition process. The data presented covers the required disclosures pertaining to the acquisition and post-acquisition shareholding status.The disclosed figures relate to the components of the acquisition as tracked across various metrics outlined in the reporting format. These details provide insight into the evolving ownership structure relative to the acquiring entity and its associated persons.A review of the available data indicates that 5.40% represents the percentage related to the details of the...

Mantra Capital Reaches ₹123 Crores AUM in Q1 FY27, Focuses on Secured Loans Mantra Capital Limited, a BSE-listed and RBI-regulated NBFC, has achieved a Assets Under Management (AUM) of ₹123 Crores as of June 2026. The company continues its focus on providing risk-calibrated financial solutions to entrepreneur-led businesses across high-potential markets in South India and the Delhi NCR region.The specialized finance provider, which was previously known as Savani Financials Limited, services general trade needs, along with the rapidly growing logistics and mobility economy. With a network of 20 branches and an employee base numbering 169, Mantra Capital is expanding its footprint across key regions in India.Key Operational Highlights...

Bharat Coking Coal Limited Q1 2026 Results Show Dip in Profitability Amid Operational Upgrades Bharat Coking Coal Limited (BCCL), a subsidiary of Coal India Limited and a government undertaking, reported its results for the first quarter ended June 30, 2026. The company saw performance declines across physical metrics while benefiting from the commercial start of new operational units, as detailed in the quarterly financial results presentation.Operational and Capacity Highlights BCCL expanded its washing capacity with the commencement of operations at the newly constructed Bhojudih washery. This unit has a capacity of 2.0 Million Tonnes Per Annum (MTPA) and began commercial operations on May 26, 2026, bringing BCCL's total washing...