Markets

Trio Mercantile & Trading Ltd Adjourns Board Meeting, Announces Director Changes and New Appointments Trio Mercantile & Trading Ltd announced that its Board of Directors meeting, originally scheduled for July 21, 2026, has been adjourned. The company decided to reconvene the board on Wednesday, July 22, 2026, to consider significant changes in director designations and appointments.The decision to adjourn was made following consideration by the Chairman and all Directors present at the meeting. The Board meeting, which was initially scheduled as per an announcement dated July 17, 2026, will now be held on July 22, 2026.The agenda for the reconvened board meeting includes several key appointments and designations changes, all subject...

FCS Software Solutions Ltd Board Meeting Scheduled to Discuss Unaudited Financial Results for Quarter Ended June 30, 2026FCS Software Solutions Ltd has scheduled a Board of Directors meeting to consider and approve the unaudited financial results for the quarter ending on June 30, 2026. The company confirmed that the meeting will take place on Saturday, July 25, 2026.The agenda for the board meeting includes reviewing the Unaudited Financial Results of the Company as per Indian Accounting Standard (IND-AS) Rules, 2015. Additionally, the directors are scheduled to discuss any other matter with due permission from the chairman.In an operational update concerning market integrity, FCS Software Solutions Ltd informed stakeholders that...

Winsome Textile Industries to Hold Board Meeting to Approve Unaudited Financial Results for Q2 2026 Winsome Textile Industries Ltd. has scheduled a meeting of its Board of Directors to review and approve the company's performance. The upcoming board session is set to consider the Unaudited Financial Results for the quarter that ended on June 30, 2026.The meeting of the Board of Directors is officially scheduled for Friday, August 7, 2026. The agenda includes reviewing and approving the company's financial results for the specified period.Stock Price Movement At the close of trade today, Winsome Textile Industries Ltd. settled at ₹94.27, ticking up 2.25%. Throughout the session, shares moved between a low of ₹92.05 and an intraday...

Hatsun Agro Product Ltd Approves Quarterly Results, Announces Key Director Re-appointments and Pays Interim DividendHatsun Agro Product Limited announced significant outcomes from its Board meeting held on July 21, 2026. The company approved the unaudited financial results for the quarter ended June 30, 2026, ratified the re-appointment of two key directors, and declared an interim dividend to shareholders.The company confirmed the re-appointment of Mr. R G Chandramogan as a Non-Executive Director and Mr. J Shanmuga Priyan as Managing Director. Both appointments, which are subject to approval at the ensuing Annual General Meeting (AGM), were made following the recommendation of the Nomination and Remuneration Committee.Regarding...

Paytm to Inject ₹100 Crore into Wealth Tech Arm Paytm Money Via Rights Issue Fintech Giant Eyes Growth Acceleration with Investment in Paytm Money Fintech behemoth One97 Communications, the parent company behind the popular Paytm brand, has announced a strategic infusion of capital into its specialized wealth technology arm, Paytm Money. The move signals a concentrated focus on expanding financial services within the high-growth segment of digital wealth management. This investment is intended to bolster the capabilities and market presence of Paytm Money Limited (PML).The company formalized this plan in a late-night regulatory filing on Monday, confirming intentions for an additional equity subscription into its wholly owned...

Metalic Technoforge IPO Sees Measured Debut as Components Maker Raises ₹50 Crore in Maiden Public Offering Metalic Technoforge, a Gujarat-based manufacturer specializing in precision machined and closed die forged components, saw its maiden public issue attract 33 percent of interest on the first day of bidding (July 21). The company is utilizing this capital raise to fund significant manufacturing expansions and unit upgradations.The IPO was conducted by Smart Horizon Capital Advisors, and investors sought to place bids for 15.39 lakh equity shares against an overall offer size of 46.48 lakh shares. The bidding process included Non-institutional (NI) and Retail investors as participants.Subscription Status and Investor Response...

BN Rathi Approves Rs 60 Lakh Investment as Sponsor Contribution in Alternative Investment Fund BN Rathi Securities Ltd has approved a significant investment, earmarking funds for a sponsor contribution to an Alternative Investment Fund (AIF). The decision was formalized by the company's Board of Directors at their meeting held on July 21, 2026.The approval concerns an investment amounting to Rs 60,00,000/- (Rupees Sixty Lakhs Only). This capital is designated as a Sponsor Contribution to Scheme II, which is managed by B-Fly Asset Manager LLP.B-Fly Asset Manager LLP operates as an Associate Limited Liability Partnership (LLP) of BN Rathi Securities Limited. The transaction is classified as a related party investment due to the...

JK Paper Ltd to Hold Board Meeting to Approve Q1 Financial Results JK Paper Ltd has scheduled a meeting of its Board of Directors to review and approve the Unaudited Financial Results for the quarter ending June 30, 2026.The Board Meeting is set to take place on Monday, July 27, 2026. The primary agenda item is the consideration and approval of both the Standalone and Consolidated Unaudited Financial Results pertaining to the period that concluded on June 30, 2026.In related operational updates, JK Paper Ltd has announced a change regarding its trading window. The company's trading window was closed starting July 1, 2026. The trading window is slated to reopen on July 30, 2026.JKPAPER Stock Price Movement Today, shares of JK Paper...

JSW Infrastructure Reports Q1 FY2027 Results: Revenue Reaches ₹1,445 Crore, Operating EBITDA Up 16% JSW Infrastructure Limited, a part of the JSW Group and India's second-largest private commercial port operator, announced its results for the quarter ended June 30, 2026. The Company reported consolidated operating revenue of ₹1,445 Crore, marking an 18% year-on-year increase, while Operating EBITDA reached ₹674 Crore, up 16%.The Q1 FY2027 results reflect strong performance across the ports and logistics segments, coupled with several strategic developments during the quarter.Q1 FY2027 Financial Highlights Key financial metrics for JSW Infrastructure Limited in Q1 FY2027 include:MetricValueChange (YoY)Revenue from...

Ashoka Buildcon Ltd Issues Commercial Papers Worth Rs 100 Crore to Fund Operations Ashoka Buildcon Limited announced today that it has issued Commercial Papers (CPs) aggregating Rs 100 Crore. The issuance, made on July 21, 2026, involves 2,000 units of CPs, each valued at Rs 5,00,000/-.The move forms part of the company's debt financing activities. The Commercial Papers are proposed for listing on BSE Limited and have a tenure of 90 days from the date of allotment. Allotment took place on July 21, 2026, with the maturity date set for October 19, 2026.The CPs carry an interest rate of 7.20%. The company confirmed that the payment of interest will be made upfront, while the principal amount is scheduled for payment on the maturity...

3M India Recommends Dividends of Rs. 160 and Rs. 346 Per Share for FY2025-26 3M India Limited has announced the recommendation of both a Final Dividend and a Special Dividend per equity share for the Financial Year 2025-26. The board recommended the payments following its meeting on May 22, 2026.The company proposed a Final Dividend of Rs. 160/- and a Special Dividend of Rs. 346/-, based on the face value of equity share at Rs. 10/- each. The dividends are subject to shareholder approval at the forthcoming 39th Annual General Meeting (AGM).Key Dates and Payment Schedule The scheduled AGM for shareholders is set for Wednesday, August 26, 2026. To qualify for these dividend payments, the record date for determining the eligible...

Vedanta Oil and Gas Limited Faces Arbitration Enforcement Petition from ONGC in High CourtVedanta Oil and Gas Limited, formerly known as Malco Energy Limited, is involved in litigation concerning an enforcement petition filed by Oil and Natural Gas Corporation Limited (ONGC) regarding a specific arbitral award. The matter is before the Delhi High Court.The dispute arises from an arbitration process between ONGC and Vedanta Limited, resulting in an arbitral award dated July 31, 2023. ONGC has filed an enforcement petition seeking to enforce this award against the company.During a hearing held on July 20, 2026, the High Court issued notice to Vedanta Oil and Gas Limited to file its reply. Currently, there is no interim adverse order...

Cyient DLM Posts Strong Q1FY27 Results; Revenue Jumps 34.3% as Order Book Hits All-Time High Cyient DLM, an integrated electronics manufacturing solutions provider specializing in Design-Led Manufacturing (DLM), announced strong financial results for the quarter ending June 30, 2026. The company reported significant revenue growth and recorded its highest ever order book since its IPO.The quarterly performance highlighted sustained double-digit margins alongside robust order intake, demonstrating disciplined execution across key business segments.Q1FY27 Financial Snapshot Key financial metrics for Cyient DLM in Q1FY27 include:MetricValueYoY Change / MarginRevenueINR 373.8 crores34.3% GrowthEBITDAINR 39.2 crores56.2% Growth...

Auto Industry Transformation: 225 Units and ₹44,326 Cr Investment Surge Under PLI-Auto Scheme The government's Production Linked Incentive (PLI) schemes are catalyzing a massive push in India's advanced manufacturing base. This sentiment was highlighted by the Minister of State for Heavy Industries, Shri Bhupathiraju Srinivasa Varma, who provided details on the implementation status of both the PLI-Auto scheme and the National Programme on Advanced Chemistry Cell (ACC) Battery Storage during a written reply in the Lok Sabha.State of PLI-Auto Scheme Implementation The PLI for Automobile and Auto Component Industry (PLI-Auto), introduced with a budgetary outlay of ₹25,938 crore on September 23, 2021, continues to drive significant...

Automobile Manufacturing Surges: India PLI Scheme Drives Over ₹44,000 Cr Investment in Advanced Auto Products Performance Snapshot of PLI-Auto Scheme The government's Production Linked Incentive (PLI) scheme for the automobile and auto component industry is demonstrating significant traction in bolstering domestic manufacturing capabilities. Approved with a budgetary outlay of Rs. 25,938 crore, the scheme aims to enhance India's capabilities in Advanced Automotive Products (AAT).As tracked against the cumulative data up to March 31, 2026, the commitment from industry players is substantial. Total investment channeled under the PLI-Auto scheme stands at Rs. 44,326 crore. This massive capital inflow underscores a strong belief in the...

Individual Power Surges: Retail Investors Drive India Mutual Fund AUM to Record High in June 2026 Individual investors continue to cement their dominant position within the Indian mutual fund sector. Their share of total assets under management (AUM) rose substantially, reflecting robust retail participation.According to Franklin Templeton India Mutual Fund data, individual investor AUM stood at 61 percent in June 2026. This is an increase from 60 percent recorded in May. Institutional investors accounted for the remaining 39 percent of the total market.Total Mutual Fund Industry Reaches New High The overall mutual fund industry's AUM hit a historic mark of Rs 82.22 lakh crore in June 2026. This represents significant growth...

Massive Investment Surge: Government Pours Billions into EV Infrastructure as Charging Networks Scale Up As India pushes toward electrification, governmental commitment is rapidly accelerating the transition of electric vehicles (EVs). A series of schemes and regulatory measures have been rolled out by the government to tackle range anxiety, support manufacturing, and ensure a robust charging infrastructure nationwide.Status of Public EV Charging Network Infrastructure The scale of existing public charging infrastructure provides a base for future growth. Currently, there are 52,718 public charging stations available. Of these, 16,561 charging points are equipped specifically with fast EV chargers for cars.To address the crucial...

Massive Global Demand Ignites Rare Earth Rush: India Launches ₹7,280 Crore Scheme to Boost Domestic Magnet Manufacturing A comprehensive assessment of Rare Earth Permanent Magnet (REPM) demand has been finalized by leading national institutions IREL, DMRL, and BARC. This study highlights the critical need for domestic manufacturing capabilities as India projects a substantial requirement for REPM across multiple key sectors over the next decade. The scheme to promote Sintered REPM manufacturing was subsequently approved by the Union Cabinet with an outlay of ₹7,280 Crore.Projecting Future Rare Earth Permanent Magnet Demand The analysis provides a detailed projection of segment-wise REPM requirements for India slated for 2030. These...

STL Networks Announces Board Meeting to Discuss Q1 Financial Results STL Networks Ltd has scheduled a meeting of its Board of Directors to review and approve the company's Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026.The board meeting is set to take place on Tuesday, July 28, 2026.During the meeting, the directors will consider and approve the financial results for the specified period. This event provides stakeholders with a clear timeline regarding the assessment of the company's performance during the quarter ended June 30, 2026.STLNETWORK Stock Price Movement Today, STL Networks Limited shares edged higher to close at ₹24.68, posting a 1.93% gain in after-hours trading. The...

Vedanta Oil and Gas Faces Litigation Over Block Extension Denial by Directorate General of HydrocarbonsVedanta Oil and Gas Limited, formerly known as Malco Energy Limited, is involved in a dispute with the Directorate General of Hydrocarbons (DGH), Government of India regarding four blocks previously awarded under OALP bidding rounds. The company has received demand letters from the DGH, which state that they will not grant further extension for these blocks and are seeking payment of liquidated damages along with applicable interest.The conflict centers on the status of the allocated drilling rights. Vedanta Oil and Gas maintains that it possesses valid grounds in this matter and is actively pursuing all appropriate legal and other...