Markets

S&S Power Switchgear Board Approves Key Elements for Upcoming Postal Ballot The Board of Directors of S&S Power Switchgear Limited has finalized several critical components in preparation for an upcoming postal ballot, following a resolution passed on July 21, 2026.Through a resolution by circulation, the company has taken decisions related to defining shareholder eligibility and procedural aspects of the specialized voting process.The key approvals granted by the Board include:Fixation of the Cut-Off date for determining shareholders eligible to vote through the postal ballot procedure. Appointment of a scrutinizer who will conduct the postal ballot process using remote e-voting methods. Approval of the draft notice intended for...

Rohit Kapoor Appointed Chief Financial Officer at Shivalic Power Control Limited; Resigns as Company Secretary Shivalic Power Control Limited has announced a key transition in its senior management, confirming that Mr. Rohit Kapoor will be appointed as the company's Chief Financial Officer (CFO). In light of this promotion, Mr. Kapoor tendered his resignation from his previous role as Company Secretary and Compliance Officer, effective July 21, 2026.The Board of Directors approved the elevation of Mr. Rohit Kapoor to the CFO position. This transition was necessitated by regulatory provisions under the Companies Act, 2013, which stipulate that a single individual cannot simultaneously hold both the roles of Company Secretary and Chief...

Hind Rectifiers Limited Completes Preferential Allotment of Equity Shares Hind Rectifiers Limited has completed the allotment of equity shares on a preferential basis, following approval by its Board of Directors. The company authorized the issue of 10,86,366 equity shares at an issue price of ₹920.50 each.The decision regarding the allotment was made by the Board of Directors of Hind Rectifiers Limited and represents the preferred issuance for cash consideration. The transaction involved the sale of these securities to Tata Mutual Fund (Small Cap Fund), which is identified as a Non-Promoter Institution.As per the transaction details, the shares issued had a face value of ₹2/- each. The allotment aimed at raising funds, aggregating...

Geetanjali Credit and Capital Limited to Hold Board Meeting for Q1 2026 Results Geetanjali Credit and Capital Limited has scheduled its Board of Directors meeting to consider and approve the company's unaudited financial results for the quarter ended on June 30, 2026. The meeting is set to be held on Friday, July 24, 2026.The primary purpose of the board gathering is to review and ratify the Unaudited Financial Results pertaining to the quarter ending June 30, 2026. Additionally, the agenda includes provisions for any other business requiring the approval of the Chairperson.During the meeting, management will present the financial performance corresponding to the quarter ended on June 30, 2026.A key notification related to market...

Remi Edelstahl Tubulars Ltd Announces Board Meeting to Review Financial Results and Funding Proposals Remi Edelstahl Tubulars Ltd has announced that its Board of Directors meeting is scheduled for Tuesday, July 28, 2026. The meeting is set to review critical aspects related to the company’s performance and future capital structure.The agenda for the board session includes taking on record the Unaudited Financial Results of the Company for the quarter ended June 30, 2026. Additionally, the directors will consider proposals concerning fundraising through the issuance of securities, including equity shares and warrants. The proposed methods for raising funds include rights issue, preferential issue, qualified institutions placement or...

Aditya Birla Real Estate Confirms Use of Proceeds from Commercial Papers for Quarter Ended June 30, 2026 Aditya Birla Real Estate Limited (formerly Century Textiles and Industries Limited) has confirmed that the proceeds generated from its Commercial Papers issued during the quarter ended June 30, 2026, have been utilized according to specified requirements.The certification, provided by the Chief Financial Officer of the company, verifies that the funds raised through these commercial instruments, which are listed on the Stock Exchange, were employed for the purposes detailed in the respective issuance documents.The company confirmed adherence to all relevant listing conditions pertaining to the Commercial Papers issued during the...

Swaraj Suiting Limited Receives In-Principle Approval for Stock Exchange Migration and Direct Listing Swaraj Suiting Limited has secured key approvals regarding its listing status across major exchanges, with reports confirming both an in-principle approval for migration from the NSE Emerge platform and approval for a direct listing on the BSE.The company received In-Principle approval from BSE Limited for the migration of its equity shares from NSE Emerge (SME Platform) to the Capital Market Segment (Main Board) of BSE Limited. This approval was granted vide letter dated July 21, 2026.In addition to the exchange migration status, Swaraj Suiting Limited also received in-principle approval from the BSE for its listing application...

Jubilant FoodWorks: Unpaid Dividend and Shares Due for Transfer to Investor Education & Protection Fund (IEPF) Jubilant FoodWorks Limited has issued a communication regarding unpaid or unclaimed dividend amounts and the associated equity shares, which are scheduled for transfer to the Investor Education and Protection Fund (IEPF). The company has drawn attention to shareholders whose dividends remain unclaimed as per their records.The company informed that the unclaimed dividends for financial years prior have been transferred to the IEPF, in line with relevant regulations. Specifically, any money transferred to the Unpaid Dividend Account of Jubilant FoodWorks Limited that remains unpaid or unclaimed for a period of seven years from...

Cropster Agro Ltd Announces Key Appointments and Board Resignations Cropster Agro Limited has seen significant changes in its leadership structure, with the company appointing Mr. Vijaykumar Kalabhai Nayak to critical roles while noting the resignations of two directors on July 21, 2026. The company also announced the reconstitution of its Audit, Stakeholders Relationship, and Corporate Social Responsibility Committees.New Appointments at Cropster Agro Ltd Mr. Vijaykumar Kalabhai Nayak has been appointed to multiple key positions within the company. Effective from July 21, 2026, he assumed the role of Managing Director. Concurrently, he was also named Chief Financial Officer (CFO).Mr. Kalabhai Nayak, who is not related to any...

Ritesh International Ltd to Hold Board Meeting Regarding Unaudited Financial Results Ritesh International Ltd has scheduled a meeting of its Board of Directors to review the company's unaudited financial results for the quarter ended June 30, 2026. The meeting is set to take place on the 27th day at 4:00 p.m. at the Registered Office of the Company in Momnabad Road, Village Akbarpura, Ahmedgarh, Malerkotla-148021.The agenda for the Board includes considering and taking on record the UnAudited Financial Results for the quarter ending June 30, 2026. Additionally, the company is set to review the Limited Review Report on these unaudited financial results, which has been issued by M/s Ashok Shashi & Co., the Statutory Auditor of Ritesh...

IIFL Capital Services Approves Employee Stock Option Grant and Equity Allotment IIFL Capital Services Limited, formerly IIFL Securities Limited, announced that its Nomination and Remuneration Committee considered and approved the allotment of employee equity shares and the grant of stock options under the 'IIFL Securities Limited Employee Stock Option Scheme - 2018' (IIFL ESOS 2018).The committee meeting held on July 21, 2026, confirmed that allotment of 13,55,979 equity shares was made to the company’s employees who exercised stock options under the IIFL ESOS 2018. These newly allotted equity shares will rank pari passu with existing equity shares as of the allotment date.Following this action, the company's equity base has...

Gabriel India acquires 30% stake in Indian automotive tech firm for joint venture Gabriel India Limited has announced an investment intended to acquire a significant equity stake in HL Klemove India Private Limited, forming a strategic joint venture to advance autonomous driving and automotive electronics manufacturing in the region. The deal involves Gabriel India and HL Klemove Corporation of Korea partnering with the Target Company.The acquisition entails Gabriel India purchasing 3,78,44,999 equity shares from HL Klemove for an aggregate consideration equivalent to USD 98.44 million. This investment will position the Target Company as an associate company of Gabriel India. Upon completion of the share purchase, the parties are set...

Sterlite Technologies Announces Details of 27th Annual General Meeting and E-Voting Cutoff Date Sterlite Technologies Limited has set the date for its 27th Annual General Meeting (AGM) and provided key operational dates regarding member voting. The AGM is scheduled for Wednesday, August 19, 2026.The company intends to conduct the 27th AGM through Video Conferencing or other Audio Visual Means, with proceedings starting at 09:30 A.M. (IST). The formal notice convening the meeting, along with the Annual Report for the financial year ending March 31, 2026, will be distributed in due course.Regarding corporate payouts, Sterlite Technologies confirmed that the Board of Directors has not recommended any dividend for the Financial Year...

ESAF Small Finance Bank Announces 10th AGM Details and Makes Annual Report Available for FY2025-26 ESAF Small Finance Bank Limited has scheduled its 10th Annual General Meeting (AGM) of its members. The Bank also made available the Integrated Annual Report for the Financial Year 2025-26, along with the notice for the meeting.The AGM is set to be held on Friday, August 14, 2026. Members can attend the meeting at 03.00 P.M. (IST) via Video Conferencing (VC) facility or through Other Audio Visual Means (OAVM).Annual Report Availability The Bank has ensured that comprehensive details of its Annual Report for the Financial Year 2025-26 are accessible to shareholders. The AGM notice and Integrated Annual Report are available on the bank's...

Balmer Lawrie Appoints Rakesh Ranjan Choudhary as Vice President, Elevating him to Senior Management Balmer Lawrie & Company Limited has announced a change in its senior management following the appointment of Shri Rakesh Ranjan Choudhary. The company confirmed that he will take on the role of Vice President (E&P) and is now included in the Senior Management team as defined by the company's regulations.The appointment is effective from July 17, 2026. Shri Rakesh Ranjan Choudhary was appointed following a delegation of powers equivalent to that of a Senior Vice President (Technical). His term of appointment extends until his superannuation date on December 31, 2035.Shri Choudhary holds a Bachelor of Science degree in Civil...

Trident Limited Board Approves Quarter Results and Incorporation of Domestic Wholly Owned Subsidiary Trident Limited’s Board, in a meeting held on July 21, 2026, approved the unaudited financial results for the quarter ended June 30, 2026. Additionally, the Board authorized the incorporation of a new domestic wholly owned subsidiary (DWOS) aimed at strengthening Trident's market presence globally.The board meeting commenced at 12:30 P.M. IST and concluded at 18:00 P.M. IST. The approval of the results includes both standalone and consolidated financial figures, which were reviewed alongside a Limited Review Report issued by the statutory auditors, M/s S.R. Batliboi & Co. LLP, Chartered Accountants.A primary focus of the meeting was...

Mindteck Recommends Final Dividend of Re. 1.00 Per Share for FY2026Mindteck (India) Limited has recommended a Final Dividend of Re. 1.00/- per equity share, each having a face value of Re. 10/-, for the Financial Year ended March 31, 2026. The Board of Directors recommended this dividend during a meeting held on May 19, 2026.The Final Dividend is scheduled to be payable following the approval by shareholders at the Company’s ensuing 35th Annual General Meeting (AGM). This AGM is set for Thursday, August 13, 2026, and the record date for dividend eligibility is August 06, 2026.As stipulated under the Income Tax Act, 2025, any dividend paid or distributed by a company is taxable in the hands of the shareholders. Consequently, the...

Trident Ltd Announces Quarterly Results Q1 FY26; Approves New Overseas Wholly Owned Subsidiary Trident Ltd has announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors reviewed and approved the consolidated and standalone financial performance, in addition to sanctioning a strategic move to incorporate a new domestic wholly owned subsidiary (DWOS). This DWOS is intended to enhance brand presence and drive sales and marketing initiatives for Trident products in overseas markets.The company reported its interim dividend for the quarter, declaring and paying an amount of INR 0.50 per equity share of INR 1/- each. Furthermore, the results reflect that Trident Ltd had divested its entire...

Capital Infra Trust Announces Distribution of Rs 2.32 Per Unit for Q1 FY 2026-27 Capital Infra Trust (the "Trust") announced the declaration of a distribution to its unitholders covering the first quarter (Q1) of the fiscal year 2026-2027. The decision was made by the Board of Directors of Gawar Investment Manager Private Limited, acting as the Investment Manager for the Trust, during their meeting on July 21, 2026.The total distribution declared to unitholders amounts to Rs 2.32 per unit. This amount comprises four components: interest, dividend, capital repayment, and other income.Details of the Q1 FY 2026-27 distribution are as follows:ComponentAmount Per Unit (Rs)Interest1.48Dividend (taxable)0.64Capital...

Gabriel India Ltd. Announces Key Appointments and Re-designations of Leadership Gabriel India Limited has formalized significant changes in its management structure, approving the appointment and re-designation of key personnel, effective from July 21, 2026. The Board of Directors confirmed the appointments based on committee recommendations, subject to member approval at the ensuing Annual General Meeting.Mr. Mahendra K. Goyal has been appointed as Executive Director of Gabriel India Ltd., and he will serve as Group Chief Executive Officer and Managing Director (Group CEO & MD). This appointment is set for a term of five consecutive years, running from July 21, 2026, until July 20, 2031.The company has also confirmed the...