Markets

Shivalic Power Control Appoints New CFO, Recommends M/s TASH & Associates as Statutory Auditor Shivalic Power Control Limited has announced key management changes following its Board meeting held on July 21, 2026. The company approved the promotion of Mr. Rohit Kapoor to Chief Financial Officer (CFO) and recommended M/s TASH & Associates, Chartered Accountants, for the role of statutory auditor.The Board decision regarding the CFO appointment reflects a move in corporate structure within Shivalic Power Control Limited. Mr. Rohit Kapoor was appointed as the new Chief Financial Officer, effective July 21, 2026. This elevation followed his service as the Company Secretary & Compliance Officer. In adherence to provisions of the Companies...

NCLT Sanctions Amalgamation of Vintage Coffee and Beverages Ltd., Consolidating Operations of Two Wholly-Owned Subsidiaries The merger process involving Vintage Coffee and Beverages Limited has received final sanction from the National Company Law Tribunal (NCLT), Hyderabad. The Tribunal confirmed the Scheme of Amalgamation, allowing the consolidation of businesses from two wholly-owned subsidiary companies into the main Transferee Company.The amalgamation was sanctioned by the Hon'ble NCLT on July 21, 2026, in connection with CP (CAA) No. 07/230/HDB/2026. The scheme involves Vintage Coffee and Beverages Limited (the Transferee Company) taking over its two subsidiaries: M/s Vintage Coffee Private Limited (Transferor Company-1) and M/s...

InfoBeans Technologies Reports Q1 Results; Approves Capital Increase Following Board Meeting InfoBeans Technologies Limited, formerly known as InfoBeans Systems India Private Limited, announced its unaudited standalone and consolidated financial results for the first quarter ended on June 30, 2026. The results were approved by the company’s Board of Directors during a meeting held on July 21, 2026.The board also reviewed and approved consequential amendments related to the Scheme of Amalgamation involving InfoBeans Technologies Limited (Transferee Company) and InfoBeans Cloudtech Limited (Transferor Company). These amendments are required due to an increase in the Authorized Share Capital of the company, which was previously approved...

Servotech Renewable Power System Delivers Strong Q1 FY27 Results; Standalone Revenue Grows 66% and EBITDA Surges 63% Servotech Renewable Power System Ltd., a manufacturer of solar solutions, BESS (Battery Energy Storage Systems), and EV chargers in India, has announced its un-audited financial results for the first quarter (Q1) ended June 30, 2026. The results reflect strong growth across various metrics both in the standalone and consolidated segments.The company's Q1 FY27 performance demonstrates significant improvements in revenue generation and profitability compared to the previous year.Financial Performance Highlights The Q1 FY27 financial data showed robust growth across all key operational indicators, as detailed below...

Crisil Limited Amalgamates Two Subsidiaries to Consolidate Global Entity Structure Crisil Limited has approved the amalgamation of two wholly owned step-down subsidiaries, Crisil Canada Inc. and Crisil PriceMetrix Inc., forming a single unified entity under the name 'Crisil PriceMetrix Inc.' This strategic move is intended to consolidate the company's global entity structure.The merger involves both specialized subsidiaries, which will cease to exist as separate entities upon completion of the amalgamation. The transaction remains subject to necessary statutory and regulatory approvals under the Ontario Business Corporation Act (OBCA).As part of the transition, the share capital of Crisil Canada Inc., amounting to $38 million, will...

Rex Pipes And Cables Announces 24th Annual General Meeting and E-Voting ScheduleRex Pipes And Cables Industries Limited has set the date for its 24th Annual General Meeting (AGM) shareholders, providing key details regarding the meeting schedule and remote e-voting procedures.The AGM of Rex Pipes And Cables is scheduled to be held on Tuesday, September 15, 2026, at the Company's registered office.Details concerning the voting process for the event were also released. The cut-off date designated for remote e-voting is Friday, September 4, 2026.The period during which remote e-voting will be conducted runs from Saturday, September 12, 2026, starting at 10:00 A.M. (IST) until Monday, September 14, 2026, concluding at 5:00 P.M...

Crisil Reports Strong Growth in Q2FY26; Consolidated Income Rises 27.6% for Quarter Crisil Limited announced unaudited financial results for the second quarter and half year ended June 30, 2026, highlighting robust growth across its operations. The company reported significant increases in income from operations and profit before tax (PBT) during the period, leading the Board of Directors to approve the results and declare an interim dividend.The performance reflects continued momentum and disciplined execution despite a volatile macroeconomic environment, stated Amish Mehta, Managing Director & CEO of Crisil Limited.Key Financial Highlights For the quarter ended June 30, 2026 (Q2FY26), Crisil's consolidated income from operations...

GPCB Directs Closure of Indo Amines Manufacturing Plant Due to Non-Compliance Indo Amines Limited has received a closure direction from the Gujarat Pollution Control Board (GPCB) concerning its manufacturing operations at a plant located in Vadodara, Gujarat. The directive mandates the temporary cessation of activities due to observed non-compliances relating to environmental laws.The GPCB issued the Closure Directions under Section 33A of the Water (Prevention and Control of Pollution) Act, 1974, and Section 31A of the Air (Prevention and Control of Pollution) Act, 1981. These directives mandate the closure of operations at the company's plant situated at Plot No. 1723, 1724, and 1746 in Village Tundav, Tal. Salvi, Dist. Vadodara -...

India Ratings Upgrades JSW Renewable Energy Credit Rating to IND AA-/Stable JSW Energy Limited has announced that its subsidiary, JSW Renewable Energy (Vijayanagar) Limited, has received an upgrade in its credit rating from India Ratings and Research (Ind-Ra). The upgraded rating pertains specifically to the bank loan facilities of the renewable energy firm.India Ratings and Research, in a release dated July 21, 2026, revised the creditworthiness of JSW Renewable Energy (Vijayanagar) Limited. The rating enhancement signals improved financial standing for the company's lending facilities.The details of the credit rating upgrade for the subsidiary are summarized below:IndicatorPrevious RatingUpgraded RatingEntityJSW Renewable...

Mastek Reports Q1 FY27 Results Driven by AI Transformation and Strong Order Book Growth Mastek Limited, a global provider of enterprise AI, digital, and cloud services, announced its financial results for the First Quarter of Fiscal Year 2027, which ended on June 30, 2026. The company reported revenue growth supported by accelerating demand for AI-driven transformation projects across various sectors internationally.The Q1 FY27 performance showcased Mastek’s strategic focus on incorporating AI into client operations and delivering complex digital modernization programs globally.Financial Performance Highlights Mastek reported Total Income of Rs 997.3 crore in the quarter. Revenue from Operations stood at Rs 985.3 crore, marking a...

Balrampur Chini Mills Limited Attains ESG Leadership Rating from CareEdge-ESG Balrampur Chini Mills Limited has received a notable ESG designation, with CARE ESG Ratings Limited assigning an ESG rating of 78.6 for the fiscal year 2025.The assessment, provided by CareEdge-ESG, recognizes Balrampur Chini Mills Limited's strong commitment to environmental and social governance standards. The rating positions the company in a Leadership category regarding ESG Risk management.According to the rating details, the score of 78.6 signifies that the company has demonstrated best-in-class performance through its disclosures, policies, and overall ESG practices. This recognition highlights Balrampur Chini Mills Limited's dedication to managing...

Canara Robeco Reports Q1 FY27 Results; Revenue Reaches ₹1,162 Mn as AUM Stands at ₹1,195 Billion Mumbai: Canara Robeco Asset Management Company Limited announced its unaudited financial results for the first quarter of Fiscal Year 2027 (Q1 FY27), which ended on June 30, 2026. The company reported significant growth across operational and asset management metrics during the period.The consolidated highlights show strong performance in Q1 FY27. Revenue from Operations reached ₹1,162 Mn, marking a 2% quarter-on-quarter (QoQ) increase and achieving 20% year-on-year (YoY) growth. Total Expenses for the quarter were reported at ₹464 Mn, reflecting a 12% YoY rise but showing a 2% decrease QoQ.The company recorded Profit Before Tax of ₹994...

Bharat Coking Coal Limited reports Q1 FY2026-27 results; Operating costs weigh on profitability Bharat Coking Coal Limited (BCCL) has released its unaudited financial results for the first quarter of the financial year 2026-27, ended June 30, 2026. The results reflect the company’s operations in coal mining and related services.The quarterly financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors during its 444th meeting held on July 21, 2026.Financial Performance Summary (Q1 FY2026-27) For the quarter ending June 30, 2026, BCCL recorded a Total Income of 3,723.24 Crore and registered revenue from operations of 3,587.27 Crore. Expenses for the period totaled 3,826.31 Crore, leading...

New Delhi Television Posts Q1 Net Loss Amid Operational Mergers and Acquisition Talks New Delhi Television Ltd (NDTV) has announced its Unaudited Financial Results for the quarter ended June 30, 2026, after approval by the Board of Directors. The results reflect ongoing strategic corporate actions, including a significant amalgamation and an impending acquisition of 'GoodTimes' Channel.The company’s operations continue to center on Television Media and related activities, with financial data presented in alignment with International Financial Reporting Standards (Ind AS).Key Financial Highlights for the Quarter Ended June 30, 2026 NDTV reported a comprehensive net loss attributable to owners during the quarter. The unaudited results...

French Entities of Centum T&S Transition from Judicial Restructuring to Liquidation The Lyon Economic Activities Court in France has ordered a significant change regarding the proceedings of Centum T&S Group S.A., France, and Centum T&S (Centum Technologies et Solutions), France. The court has converted the existing judicial reorganization proceedings into judicial liquidation proceedings.This transition follows the successful acquisition and takeover of the business operations belonging to these French entities by MBDA France and SII.The Company received the judgment orders from the Lyon Economic Activities Court concerning this conversion on July 20, 2026. Consequently, the judicial liquidation procedures have been effective since...

Kings Infra Ventures Ltd Approves Sale of Freehold Land as Part of Monetization Plan Kings Infra Ventures Ltd has approved the sale of a portion of its freehold land as part of an ongoing strategy to monetize non-core assets and optimize resource utilization. The approval was finalized by the Board of Directors via a resolution passed through circulation on July 21, 2026.The transaction involves the sale of company land located in Chengamanadu Village, Aluva Taluk, Ernakulam District, Kerala. The specific asset includes freehold land measuring 51.989 cents (21.04 Ares), comprised in Survey Nos. 252/17 and 252/18 (Old Survey Nos. 252/11 and 252/11/2). The property is covered under Sale Deed No. 7914/2007 along with Rectification Deed...

Wipro Limited Receives ESG Rating from Independent Assessment Firm Wipro Limited has received an ESG rating of '78' from ESG Risk Assessments & Insights Limited. The assessment was conducted by the firm, which determined the rating based on data available in the public domain concerning the company.The assignment of this voluntary ESG rating provides insights into Wipro’s environmental, social, and governance performance as evaluated by the third-party assessment provider.According to the report, while ESG Risk Assessments & Insights Limited assigned the '78' ranking, it is important to note that the company had not engaged the firm for an ESG Rating. The assessment was independently prepared based solely on data already present in...

Nanta Tech Appoints CFO, Auditors; Sets Date for 3rd Annual General Meeting Nanta Tech Ltd, formerly known as Nanta Tech Private Limited, has announced significant operational appointments following a Board meeting held on July 21, 2026. The company appointed Mr. Pragnesh Pravinbhai Trivedi as Chief Financial Officer and established the timeline for its upcoming Annual General Meeting (AGM) and various statutory appointments for the financial year 2026-27.Mr. Pragnesh Pravinbhai Trivedi was appointed as the Chief Financial Officer and Key Managerial Personnel, effective July 21, 2026. He brings over 15 years of experience in finance and accounts to the company. His professional background includes serving as an Account Executive at A...

Dr. Raghuveer Singh Rajpurohit Appointed as Additional and Independent Director of Arihant Superstructures Limited Arihant Superstructures Limited has appointed Dr. Raghuveer Singh Rajpurohit as an Additional Director, holding the status of Non-Executive and Independent Director. The company's Board of Directors approved this appointment on July 21, 2026.The tenure for Dr. Rajpurohit is set for five consecutive years, beginning from July 21, 2026, and extending until July 20, 2031. During this period, he will not be liable to retire by rotation.Dr. Raghuveer Singh Rajpurohit was appointed to the role of Additional Director (Non-Executive, Independent). He has no relationship with any existing Directors of the Company and is not...

Ad-Manum Finance Announces Board Meeting for Q2 Financial Result Approval Ad-Manum Finance Ltd has scheduled a Board of Directors meeting to address the approval of its standalone un-audited financial results for the quarter ended June 30, 2026.The company announced that the Board meeting is set for Friday, July 24, 2026. The meeting is scheduled to review and approve several key business items related to the company's performance in the second quarter of the financial year 2026-27.Key agenda points for the Board include:Approval of the Standalone Un-Audited Financial Results for the Quarter ended June 30, 2026. Taking on record the Limited Review Report provided by the Statutory Auditors concerning the Standalone un-audited...