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Photoquip India Ltd Announces Mutual Termination of R. C. Jain & Associates LLP as Internal Auditors Photoquip India Ltd has confirmed the mutual termination of its engagement with M/s. R. C. Jain & Associates LLP, who served as the company's Internal Auditor. The Board of Directors reviewed and approved this decision following a meeting held on July 21, 2026.The cessation of the audit service was reached through mutual discussions and understanding between Photoquip India Ltd and R. C. Jain & Associates LLP. This termination is effective from July 20, 2026.The company confirmed that M/s. R. C. Jain & Associates LLP successfully completed the Internal Audit assignment for the financial year 2025-26 and subsequently...

Gulf Lloyds India IPO Surges to 8.3x Subscription on Day Two as Retail Investors Drive Massive Demand Gulf Lloyds India, a key provider of third-party inspection and certification services, saw strong investor interest during its initial public offering (IPO). The company’s listing witnessed a significant boost in subscription numbers, reaching 8.3 times on the second day of bidding, July 21. This robust response indicates growing market confidence in specialized industrial testing and auditing services.IPO Subscription Details BreakdownThe IPO featured a fixed price issue component, with Gulf Lloyds India offering 18.19 lakh shares at ₹100 per share. The overall subscription across both retail and non-institutional participants...

SEBI Unfreezes Gauranga Roy's Salary Account After Legal Review in Realcon Recovery Case The Securities and Exchange Board of India (SEBI) has issued a critical order releasing the salary account of Gauranga Roy, amidst recovery proceedings initiated against Vasundhara Realcon Limited. The decision addresses the attachment of his Axis Bank account, determining that the freeze on the specific salary account must be lifted based on established legal provisions under the Income Tax Act and Civil Procedure Code.The Order, issued by the Recovery Officer at the SEBI Eastern Regional Office in Kolkata, directly pertains to Certificate No. RC3547 of 2021. This proceeding involves a demand for recovery of Rs. 2,23,67,200/- plus applicable...

Aditya Birla Capital Invests Rs 123.89 Crore in ABHI Equity on Rights Basis Aditya Birla Capital Limited (ABCL) has made a strategic investment into Aditya Birla Health Insurance Co. Limited (ABHI). The transaction, which was executed on a rights basis, involves an aggregate cash consideration of Rs 1,23,89,43,300. This investment is intended by ABCL to meet its solvency margin requirements for the associate company.The capital infusion allows ABCL to continue maintaining and strengthening its relationship with ABHI, which operates in the Health Insurance sector. The acquisition details confirm that there has been no change in ABCL's existing percentage shareholding in ABHI.ABHI remains an associate of ABCL following this...

EPL Limited Fulfills Payment Obligation, Fully Redeems Commercial Papers Worth Rs. 60 Crore EPL Ltd has confirmed that it fulfilled its payment obligations by fully redeeming the Commercial Papers issued previously. The company completed the redemption on July 21, 2026.The repayment pertains to the Commercial Papers allotted by EPL Limited and was executed in full, totaling an aggregated amount of Rs. 60 Crore.Details regarding the maturity and settlement of the CPs are as follows:ISINMaturity DateRecord DateSize of the IssueDate of Actual PaymentINE255A14742July 21, 2026July 20, 2026Rs. 60 CroreJuly 21, 2026EPL Stock Price Movement Shares of EPL Limited today slipped by 1.06% to settle at ₹237.45 after closing in the...

Linaks Microelectronics Reports Zero Investor Complaints for Q2 2026 Linaks Microelectronics Ltd has reported that there were no investor complaints received or pending during the quarter spanning April 01, 2026, to June 30, 2026.The company provided a statement detailing the status of grievances and investor feedback for the specified period. According to the report, the company recorded zero new complaints throughout the quarter.Key statistics regarding investor complaints at Linaks Microelectronics Ltd are as follows:ParticularsNumber of ComplaintsInvestor Complaints pending at the beginning of the quarterNilInvestor Complaints received during the quarterNilInvestor Complaints disposed during the quarterNil...

Bandhan Bank Approves Q1 Unaudited Results, Announces CFO Appointment and AGM Details Bandhan Bank Ltd. has approved its Unaudited Financial Results for the first quarter (Q1) ended June 30, 2026. The bank also announced key changes in senior management, including the appointment of a new interim Chief Financial Officer (CFO), while extending the tenure of the Chief of Internal Vigilance (CIV). Furthermore, the bank set dates for its upcoming Annual General Meeting (AGM).The Board of Directors reviewed and approved the Unaudited Financial Results for Q1 ended June 30, 2026. In addition to the results, the bank provided the Limited Review Report from its Joint Statutory Auditors and an Earnings Update Presentation related to the...

AlphaGrep Launches Moderately Risked Liquid Omni Fund of Funds to Ensure Liquidity with Returns AlphaGrep Mutual Fund has launched the AlphaGrep Liquid Omni FOF, an open-ended Debt oriented Fund of Funds (FOF). The scheme is designed for investors seeking liquidity and reasonable returns while managing moderate risk. As a specialized FOF, it invests predominantly in units of various active and passive Liquid Schemes.This new product aims to provide consistent access to high-quality liquid assets. While the focus remains on short-term funds, the structure allows limited exposure to debt instruments for portfolio diversification. The scheme has been assessed as having a Moderate risk profile by the AMC.Investment Objective and...

Rex Pipes And Cables Appoints Mr. Kanhiya Lal Sharma as Interim Compliance Officer The Board of Directors of Rex Pipes And Cables Industries Limited has appointed Mr. Kanhiya Lal Sharma as the Interim Compliance Officer of the company. This appointment comes following a meeting held on Tuesday, July 21, 2026.Mr. Sharma is being appointed to manage the compliance function until the casual vacancy in the office of the Company Secretary and Compliance Officer is filled through the appointment of a new professional.As detailed by the company, Mr. Kanhiya Lal Sharma has been serving as the Chief Financial Officer (CFO) of Rex Pipes And Cables Industries Limited since February 7, 2018. He possesses extensive experience spanning finance...

Photoquip India Ltd Mutually Terminates Internal Auditor EngagementPhotoquip India Ltd has confirmed the mutual termination of its engagement with R. C. Jain & Associates LLP, Chartered Accountants, who served as the company's internal auditors. The decision follows mutual discussions and understanding between the Company and the audit firm regarding the ongoing service commitment.The Board of Directors accepted the outcome of this meeting, noting that the engagement was completed by mutual consent and is not on account of any dispute or disagreement concerning services rendered by either party.R. C. Jain & Associates LLP had previously been appointed to serve as the Internal Auditors for Photoquip India Ltd. The firm successfully...

Praj Industries Ltd Announces Record Date for Final Dividend Payout Praj Industries Ltd has announced the record date for shareholders interested in receiving the final dividend related to the financial year 2025-26.The company has set Thursday, August 6, 2026, as the official record date. This date is designated for both the 40th Annual General Meeting (AGM) and the distribution of the Final Dividend for the fiscal year 2025-26.Details regarding the dividend process and associated timeline are as follows:Key EventDate / TimelineRecord DateThursday, August 6, 2026AGM ScheduleThe 40th AGM is scheduled for Thursday, August 13, 2026Dividend Payment DeadlineIf approved by Members at the AGM, payment will be made by...

Jindal Steel to Host Earnings Conference Call for Q1 FY27 Results Jindal Steel Limited, formerly known as Jindal Steel & Power Limited, has scheduled an Earnings Conference Call regarding its first quarter results for the fiscal year 2027 (Q1 FY27).The earnings conference call is set to take place on Saturday, July 25, 2026, starting at 01:00 PM IST.The meeting will be hosted by Anand Rathi Research. Participants can access the event through various channels provided for universal and international audiences.Key access details for the conference call are as follows:Access TypePrimary Numbers / DetailsUniversal Access022 6280 1386 / 022 7115 8287USA International Access+1 866 746 2133Hong Kong International Access800...

LG Electronics India Appoints New Statutory Auditors and Re-appoints Cost Auditors LG Electronics India Ltd. has announced significant updates regarding its audit appointments and future general meeting date following a Board of Directors meeting held on July 21, 2026. The Board approved the appointment of M/s Deloitte Haskins & Sells Chartered Accountants LLP as the Statutory Auditors for five years, while also re-appointing M/s J.K. Kabra & Co., Cost Accountants, as the Cost Auditors for the financial year 2026-27.The company confirmed that the tenure of the existing Statutory Auditors, M/s Price Waterhouse Chartered Accountant LLP (ICAI Firm Registration No. 012754N/N500016), will conclude at the forthcoming 29th Annual General...

Force Motors Ltd.: Shares Linked to Unpaid Dividends Face Compulsory Transfer to IEPF Force Motors Ltd. has notified shareholders regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority for dividends that have remained unclaimed or unpaid for seven consecutive years or more, as per applicable rules.The company is following regulations requiring the transfer of such shares to the IEPF in cases where dividends remain unclaimed after a specified period. The notice details the process for shareholders whose dividend payments from various financial years have not been successfully claimed.A comprehensive list of unclaimed/unpaid dividends that are subject to this transfer has been provided...

Aavas Financiers Reports Q1 FY27 Results: Net Profit Jumps 23% as AUM Reaches Rs 239 Billion Aavas Financiers Limited has announced its unaudited financial results for the quarter ending June 30, 2026. The company reported robust growth across key metrics, with Assets under Management (AUM) growing 15.4% year-on-year (YoY) to reach Rs 239 billion. Net profit saw a strong increase of 23% YoY, reaching Rs 1.71 billion.The results highlight sustained performance in asset quality and operational efficiency. The company maintained disciplined underwriting standards while expanding its portfolio.Key financial highlights for Q1 FY27 include:Assets under Management (AUM): Rs 239 bn (up 15.4% YoY) Net Profit (PAT): Rs 1.71 bn (up 23% YoY)...

Maiden Forgings Commences Operations at New Bhojpur Facility, Completing Phase I of Unit II Consolidation Maiden Forgings Limited (MFL), a leading manufacturer of Bright Steel bars, wires and pneumatic nails with over 35 years of experience in India, has officially commenced operations at its new manufacturing facility located in Bhojpur. The launch marks the successful completion of Phase I of the company's broader plant consolidation programme through the relocation of Unit II to an upgraded facility.MFL announced that operations formally began on July 18, 2026, following an inaugural ceremony at the site, and product dispatches started during the same week. This move represents a significant milestone in MFL's growth strategy...

Adani Total Gas Records 27% Revenue Growth in Q1FY27 Despite High Gas Costs Adani Total Gas Limited (ATGL), a major city gas distribution (CGD) company, reported robust operational and financial performance for the quarter ended June 30, 2026. ATGL achieved a 27% year-on-year revenue increase in Q1FY27, driven by significant volume growth, although higher crude oil prices and geopolitical volatility impacted gas procurement costs.The company's standalone results showed strong growth across key operational metrics. Revenue increased by 27%, reaching INR 1,910 Cr. EBITDA stood at INR 281 Cr, while Profit After Tax (PAT) was recorded at INR 133 Cr.In the consolidated figures, revenue reached INR 1,907 Cr. Consolidated EBITDA was...

High Demand Fuels Bond Market: RBI Releases SGS Auction Results Amid Steady Yields The Reserve Bank of India (RBI) has released the full results for the State Government Securities (SGS) auction held on July 21, 2026. The auction saw robust participation across various state-issued bonds, reflecting sustained investor interest in supporting state fiscal health. The outcomes provide critical insights into the yield trends and demand dynamics within the government security market.Competitive Bids Performance Across State Securities The competitive bidding segment showed varied levels of absorption depending on the specific state and tenor. For instance, the allotment rate for Chhattisgarh SGS 2040 was noted at 19 out of 83 competitive...

TVS Holdings Reports Consolidated Quarterly Results for June 30, 2026; Net Profit Rises Significantly TVS Holdings Limited, formerly known as Sundaram-Clayton Limited, has announced its unaudited consolidated financial results and segment information for the quarter ended June 30, 2026. The company recorded a Total Income of 17,082.92 Crore in the first quarter of fiscal year 2027 (Q1 FY27).The consolidated results showed strong performance across the group's operations. Revenue from Operations stood at 17,076.18 Crore for the quarter ended June 30, 2026. The company’s financial health indicators reflected substantial net worth and maintained specific debt metrics.Financial Performance Overview (Consolidated) The consolidated...

Odyssey Technologies Ltd. Schedules Board Meeting to Approve Standalone Unaudited Financial Results for Quarter Ending June 30, 2026 Odyssey Technologies Ltd. has scheduled a Board meeting to review and approve the company's standalone unaudited financial results for the quarter ended June 30, 2026. The meeting is set to take place on Wednesday, July 29, 2026.The meeting is slated for 4:00 P.M. at the registered office of the company located at Dowlath Towers, 5th Floor, 63 Taylors Road, Kilpauk, Chennai-600 010. The primary agenda item for the Board is to consider and approve the financial outcomes corresponding to the specified quarter.The company also confirmed that the trading window for its securities will open on August 1...