Markets

Kothari Products Ltd. to Hold Board Meeting for Q1 2026 Financial Results; Trading Window Details Announced Kothari Products Ltd. has scheduled a meeting of its Board of Directors to approve the financial outcomes for the first quarter of the fiscal year ended June 30, 2026.The board meeting is set for Thursday, August 13, 2026, and will be held in Mumbai. The primary agenda item for the gathering is to consider, approve, and formally record the Un-audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.In related operational updates, the company provided details regarding its insider trading window. Trading in Kothari Products Ltd. shares was closed starting from Wednesday, July 1, 2026. The...

Millworks Technologies Stock Explodes: Precision Engineering SME Jumps 100% as Blockbuster IPO Delivers Massive Returns Explosive Market Debut and Surge in Share Value Millworks Technologies has experienced a phenomenal day on the stock market, with its shares locked at the 5% upper circuit after making a stunning debut. The precision engineering firm saw its stock surge to Rs 660.30 shortly after going public. This strong performance means that allottees realized a massive 100% return in just one day.The stock opened trading on the BSE SME platform at Rs 628.90 per share. The surge is remarkable, given that it was initially listed over a 90% premium relative to its issue price of Rs 331. This rapid appreciation underscores the...

Atlanta Electricals Reports Q1 FY27 Earnings: Revenue Grows 48%, EBITDA Margin Expands by 105 Basis Points Atlanta Electricals Limited, one of India's leading transformer manufacturers, announced its unaudited consolidated financial results for the quarter ending June 30, 2026. The company reported robust operating performance in Q1 FY27, characterized by significant revenue and profit growth alongside margin expansion.The Key Consolidated Financial Highlights for the first quarter are presented below:Particulars (Rs. In Crores)Q1FY27Q1FY26YoY% GrowthRevenue from Operations466.33315.1148.0%EBITDA77.1048.7858.1%EBITDA %16.5%15.5%+105 BpsPAT46.8431.1450.4%Performance Overview and Operational Momentum Revenue from...

NCLT Dismisses Insolvency Petition Against McLeod Russel India as Parties Reach Agreement The National Company Law Tribunal (NCLT) has dismissed an insolvency petition filed against Mcleod Russel India Limited, following the successful negotiation and acceptance of a restructured arrangement between the parties.The tribunal issued an order that officially withdrew the relevant petitions after it was established that both the financial creditor and the corporate debtor had agreed to the proposals. The ruling granted liberty for the Corporate Petition (CP) to be revived or restored in accordance with the terms set by the agreed-upon proposals.The proceedings, which involved National Asset Reconstruction Company Limited (NARCL), were...

Tourism Finance Corporation Reports Q1 FY27 Results with Total Income Reaching 115.15 Cr. Tourism Finance Corporation of India Limited (TFCI) has released its financial highlights for the first quarter of Fiscal Year 2026-2027 (Q1 FY27), showcasing performance across various business segments, including Real Estate, Manufacturing, and Infrastructure finance. The company continues to focus on providing sustainable financing solutions across multiple sectors vital for economic development.Q1 FY27 Financial Performance Highlights For the quarter ending June 30, 2026, TFCI reported a Total Income of 115.15 Cr. Interest income stood at 72.12 Cr., while Other operating income reached 43.03 Cr. Net Interest Income for the period was recorded...

Escorts Kubota Schedules Post-Results Conference Call to Discuss Q1 FY27 Earnings Performance Escorts Kubota Ltd has scheduled a conference call for investors and analysts to discuss the company's earning performance for the quarter ended June 30, 2026. The Q1 FY27 post-results discussion is set for Monday, August 03, 2026.The event details are as follows:Date: August 03, 2026 Time: 5:00 PM India (IST) International Time Zones:* Hong Kong/Singapore: 7:30 PM * UK (BST): 12:30 PM * USA (EDT): 7:30 AMThe conference call will be accessible via universal dial-in numbers: +91 22 6280 1149 and +91 22 7115 8050.Management Representation The company's management team will participate in the conference call, providing...

Moneyboxx Finance Raises INR 500 Million via NCDs, Reaching INR 700 Million Milestone in Four Months of FY27 New Delhi, July 21, 2026: Moneyboxx Finance Limited has secured a raise of INR 500 million through Non-Convertible Debentures (NCDs), with Capri Global Capital being the subscriber. This successful fundraising brings the cumulative amount raised via NCDs in the first four months of Fiscal Year 2027 to INR 700 million.The significant capital inflow underscores strong confidence in the company's growth trajectory and business model. The expanded debt capacity is set to enhance Moneyboxx Finance’s outreach and impact across rural and semi-urban India, providing essential financial support to small and micro-entrepreneurs, thereby...

Morarka Finance Announces Q1 Financial Results and Board Approves RBI Deregistration Application Morarka Finance Limited has released its unaudited financial results for the quarter ended June 30, 2026. The company's Board of Directors also approved a plan to apply for deregistration from the Reserve Bank of India (RBI), following consideration of eligibility criteria as outlined in amendments to RBI regulations.The results, along with the Limited Review Report from Statutory Auditors M/s Jayesh Dadia & Associates LLP, were adopted during a meeting of the Board of Directors held via video conferencing on Tuesday, July 21, 2026. The company's management noted that the financial statements were prepared in accordance with Indian...

Zaggle Prepaid Ocean Services Approves Key Managerial Personnel for Material Event Disclosures Zaggle Prepaid Ocean Services Limited announced that its Board of Directors, during a meeting held on July 21, 2026, authorized several key managerial personnel within the company. The approval grants these individuals the authority to determine the materiality of any event or information and to make necessary disclosures as required by the stock exchanges.The authorization follows the Board’s review and decision regarding the internal structures for managing corporate transparency and communication.Key Managerial Personnel (KMP) authorized by the Board include:Authorized PersonDesignationRaj P NarayanamExecutive ChairmanAvinash...

Interest Rate Surge Fuels EU Banking Boom: Lenders Brace for Q2 Resilience Amid Geopolitical Storm European banking stocks are set for another surge of positive earnings, driven primarily by higher interest rates and robust loan growth. Banks are expected to deliver resilient second-quarter results, providing a significant turnaround after years of subdued profitability in the sector. Investors will be closely monitoring management commentary for signs that ongoing geopolitical tensions, particularly related to the Iran conflict, are beginning to affect economic confidence across the continent.Sector Strength and Financial Recovery The overall profitability trend within European banks has been improving for over two years. This...

Ashnisha Industries Clarifies Position on Unauthorized Stock Tip Circulation Ashnisha Industries Ltd has issued a clarification regarding messages and information related to the company being circulated via social media platforms, SMS, and texts. The company stated it has no knowledge of these unauthorized activities and does not support or promote them.The management advised investors and the general public against relying on any such unofficial messages or recommendations. Investors are urged to base decisions solely on information disseminated through official channels, including Stock Exchange disclosures, announcements published on the company’s official website (www.ashnisha.in), and communications officially issued by Ashnisha...

Tech Mahindra Completes Allotment of 26,848 Equity Shares Via Employee Stock Options Tech Mahindra Ltd has completed the allotment of 26,848 equity shares, fully paid at a face value of ₹5 each, resulting from the exercise of employee stock options. The allotment was approved by the company's Securities Allotment Committee on July 21, 2026.The total allocation is derived from two primary schemes: the Employee Stock Option Plan - 2014 (ESOP 2014) and the Employee Stock Option Scheme - 2018 (ESOP 2018).Detailed components of the allotment include:21,348 equity shares allotted on July 21, 2026, which were fully paid at an issue price equal to the face value of ₹5. 5,500 equity shares allotted on July 21, 2026, these shares having a...

Steel Exchange India Limited Reports Stellar Q1 FY27 Performance with Net Profit Jumping 46.89% YoY Steel Exchange India Limited (SEIL), one of South India's prominent integrated steel manufacturers, has announced its standalone and consolidated un-audited financial results for the first quarter ended June 30, 2026. The company reported a strong performance trajectory marked by significant gains in net profit, expanded margin metrics, and disciplined capital optimization efforts.During Q1 FY27, SEIL recorded Total Income of ₹ 27,070.92 Lakhs. By maintaining strict cost controls, the company successfully mitigated raw material volatility witnessed during the quarter. This efficiency translated into a substantial increase in net profit...

Maruti Infrastructure Ltd to Hold Board Meeting to Approve Q1 Unaudited Results Maruti Infrastructure Ltd has scheduled a meeting of its Board of Directors to review and approve the Unaudited Financial Results for the quarter ended on June 30, 2026. The board meeting is set to take place on Tuesday, July 28, 2026, where the company plans to consider and take on record the financial performance data.In addition to the planned Board meeting, Maruti Infrastructure Ltd has established a restricted trading window regarding its securities. As previously communicated, trading for Directors, Key Managerial Personnel (KMPs), Designated Persons, Connected Persons, and their immediate relatives will remain closed. This closure period begins on...

Beryl Drugs Ltd Reports Temporary Unavailability of Company Website Due to Technical Issue Beryl Drugs Ltd has reported that its corporate website, 'www.beryldrugs.com', is temporarily unavailable due to an unexpected technical issue. The company confirmed it initiated immediate corrective measures and is working with technical service providers to restore normal website operations at the earliest.The disruption affects only the accessibility of the Company's website. Beryl Drugs Ltd stated that, as of the date of the intimation, there has been no impact on the Company’s business operations, financial systems, or statutory records.Upon identifying the technical problem, the company commenced restoration activities. The management is...

Zaggle Prepaid Ocean Services Invests Up To Rs 7.97 Crores in Unobanc for Cross-Border Payments Expansion Zaggle Prepaid Ocean Services Limited has announced an investment amounting to up to Rs 7.97 Crores in Unobanc Private Limited. The investment, which will be made in one or more tranches, is set to grant Zaggle a stake of up to 19.9% of the Equity Share Capital of Unobanc Private Limited upon the completion of definitive agreements.The investment utilizes cash consideration and is expected to take place within 90 days.Overview of the Acquisition and Target Company Unobanc Private Limited, a wholly owned subsidiary of Hop Financial Solutions Limited, operates in the Cross-Border Payments & Remittances industry. The company...

Moneyboxx Finance Ltd Completes Allotment of Non-Convertible Debentures in Private Placement Moneyboxx Finance Limited announced the allotment of 50,000 Listed, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures (NCDs) on a private placement basis. The approval for the issuance was granted by the Working Committee of the Board of Directors on Tuesday, July 21, 2026.The debentures were allotted at a face value of INR 10,000 per NCD. A single entity, CAPRI GLOBAL CAPITAL LIMITED, was the allottee investor, securing the entire issuance amount.The total size of the issue amounted to INR 50,00,00,000 (Indian Rupees Fifty Crore).Key Terms and Investment Details The debentures are classified as Listed, Rated, Senior...

JD Cables Ltd Announces Virtual Investor Meet for Investors Group JD Cables Ltd, a manufacturer of Wires, Cables, and Conductors, has announced an Investor Meet scheduled for its investors group. Company officials are set to participate in the virtual event on Friday, July 24, 2026.The Investor Meet is scheduled to take place at 01:00 P.M., conducted entirely through a virtual mode.JD Cables Limited (formerly known as JD Cables Pvt Ltd.) will host the session for a designated group of investors.Stock Price Movement As of 12:59, JD Cables Ltd shares are ticking up at ₹238.00, gaining 1.34% in trading. The stock is moving within its intraday range, having touched a low of ₹232.70 and an intraday high of ₹240.00.

Indo Borax & Chemicals Ltd Approves Amalgamation of Wholly Owned SubsidiaryThe Board of Directors of Indo Borax & Chemicals Limited has approved a scheme of amalgamation involving the company and its Wholly Owned Subsidiary, Indoborax Infrastructure Private Limited. The transaction aims to consolidate group resources, streamline management, and enhance business operations across the combined entity.The Scheme involves the amalgamation of Indoborax Infrastructure Private Limited (the Transferor Company) with Indo Borax & Chemicals Limited (the Transferee Company). This move is part of a consolidation strategy within the Group, designed to create a single corporate entity with streamlined governance and uniform management procedures...

PAN HR Solution Limited Posts Strong Q1 FY 2026-27 Results, Transaction Value Grows by 53.63% YoY PAN HR Solution Limited, a provider of workforce solutions and HR outsourcing services, reported robust performance for the first quarter of Fiscal Year 2026-27 (Q1 FY 2026-27). The company saw its transaction value rise significantly, driven by sustained client activity and expanded operational reach across various high-growth sectors.The business update highlights strong momentum in Q1 FY 2026-27, with the total transaction value reaching ₹73.85 Cr. This represents a notable increase compared to the corresponding quarter in the previous fiscal year.Financial Performance and Growth Trajectory PAN HR Solution Limited’s operational...