Markets

PAN HR Solution Ltd Appoints Sneha Bahuguna as Company Secretary and Compliance Officer PAN HR Solution Ltd has appointed Ms. Sneha Bahuguna as the Company Secretary and Compliance Officer, designated as Key Managerial Personnel, following a resolution passed by its Board of Directors. The appointment is effective from July 21, 2026.The decision was made by the Board in its meeting held on Tuesday, July 21, 2026. Ms. Bahuguna, bearing Membership No. ACS 79973 with the Institute of Company Secretaries of India (ICSI), is now part of the company's senior management team.Ms. Bahuguna has been entrusted with significant responsibility as one of the authorized officials for determining the materiality of any event or information and for...

Mindteck Sets Record Date for Dividend Entitlement Mindteck (India) Limited has announced the record date for determining member entitlement regarding a dividend for the financial year ended March 31, 2026.The company designated Thursday, August 06, 2026, as the official Record Date for all matters related to the dividend distribution.Furthermore, Mindteck informed stakeholders that the Register of Members will be closed from Friday, August 07, 2026, through Thursday, August 13, 2026 (both dates inclusive). This period is designated for both the purpose of determining members eligible to receive the dividend for the financial year ended March 31, 2026, and for the company's 35th AGM.MINDTECK Stock Price Movement Shares of Mindteck...

Aavas Financiers Posts Q1 FY26 Results; Board Approves Unaudited Figures, Notes 100% Security on NCDs AAVAS FINANCIERS LIMITED announced the approval of its Unaudited Financial Results for the Quarter ended June 30, 2026. The results were reviewed and recommended by the Audit Committee and approved by the Board of Directors during a meeting held on July 21, 2026.The company’s financial performance for the quarter showed Total Income reaching 70,909.57 (INR in lakh), with profit before tax standing at 22,010.40. The period saw total expenses of 48,899.17, leading to a profit for the period of 17,126.81.Financial Highlights and Ratios AAVAS Financiers maintained key financial stability metrics as of June 30, 2026. The company reported...

CCI Declares No Violation: Dominance and Anti-Competitive Claims Against Jindal Stainless Over Stainless Steel Inputs The Competition Commission of India (CCI) has ruled that there is no prima facie case of violation regarding allegations of anti-competitive conduct in the highly integrated Indian stainless steel market. The investigation, which examined arrangements involving Jindal Stainless Limited (JSL), found that accusations of input foreclosure and abuse of dominant position were not substantiated by the evidence presented.The final order, dated 21/07/2026, addressed grievances concerning exclusive dealing practices, the significance of a joint venture in Indonesia, and the workings of JSL’s downstream sales programs. The...

RBI Cracks Down on Predatory Lending: New Regulatory Framework Targets Fake Loan Apps Amid Surge in Fintech The Government and the Reserve Bank of India (RBI) have intensified their crackdown on illegal and fake loan applications operating across the country. Through a comprehensive set of regulations and new digital tools, regulators are aggressively targeting fraudulent lending practices to ensure citizen protection within the burgeoning digital finance ecosystem.Strengthening Regulatory Oversight and Blocking Illegal Applications In response to rising concerns over predatory financial services, regulatory measures have been significantly reinforced. The RBI operationalized the 'Digital Lending Apps (DLAs)' directory on its website...

Bihar Sponge Iron Limited Files Complaint Over Dishonor of Cheques Bihar Sponge Iron Limited has filed a complaint in connection with the dishonor of cheques issued by certain parties for the discharge of their liability toward the company.The legal action, which was initiated against Mr. Manoj Kumar Agarwal and others, pertains to the dishonored cheques provided by the accused. The filing centers on the debt owed by the individuals to Bihar Sponge Iron Limited.The complaint has been lodged under Section 138 read with Section 142 of the Negotiable Instruments Act, 1881. The case was filed before the Sub-Divisional Judicial Magistrate at Chandil, Seraikela Kharsawan. The matter is documented as Complaint Case No. 461 of 2026.Stock...

SEBI Cracks Down: Mandatory Freeze on Promoter Shares Operationalised Ahead of Buyback Market Securities and Exchange Board of India (SEBI) has operationalised a crucial regulatory mechanism mandating that promoter holdings be frozen during share buybacks. The regulator has directed all depositories to implement the necessary systems and processes by August 1, signaling a significant shift in corporate governance oversight during secondary market transactions.Mandating ISIN-Level Freeze on Promoter Holdings The circular operationalising this framework follows SEBI's notification issued on July 1, 2026, which amended the existing SEBI (Buy-back of Securities) Regulations. Under the new guidelines, any shares and specified securities...

SEBI Mandates ISIN-Level Freezing of Promoter Holdings to Safeguard Buyback Integrity In a significant move aimed at strengthening investor safeguards, the Securities and Exchange Board of India (SEBI) has officially operationalized the freezing of promoter holdings during company buybacks. The regulatory circular mandates that shares held by promoters and their associated groups must remain frozen at the ISIN level throughout the duration of a tender offer process.This measure falls under Regulation 24(i)(ea) of the SEBI (Buy-back of Securities) Regulations, 2018, which was amended via a notification dated July 01, 2026. The operationalization ensures that promoters maintain continuous accountability for their stake while the buyback...

Global Oil Market Surges as US-Iran Escalation Sparks New Geopolitical Tensions Crude oil prices rose significantly on Tuesday amid heightened geopolitical tensions following fresh attacks exchanged between the United States and Iran. The dramatic escalation has fueled concerns over global energy stability, pushing key benchmarks higher.Impact of escalating US-Iran conflict on crude prices Brent crude futures saw a notable rise, trading at $90.84 a barrel by 1152 GMT, which is up $1.62 or 1.8%. The front-month U.S. West Texas Intermediate (WTI) contract also gained, reaching $84.60, up $1.37 or 1.7%.Market sentiment has been supported by concerns over potential supply disruption and decreased exports passing through the Strait of...

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...