Markets

Grovy India Ltd to Hold Board Meeting to Approve Q1 Unaudited Financial ResultsGrovy India Limited has scheduled a meeting of its Board of Directors to review and approve the company’s Unaudited Financial Results for the First quarter (Q1) ended on June 30, 2026. The board meeting is set to take place on Thursday, July 23, 2026, at 04:00 P.M. at its registered office in New Delhi.The company also provided an update regarding the trading window for its securities. The trading window closed effective from July 1, 2026. This closure will remain in effect until a period of 48 hours following the declaration of the outcome of the Board Meeting.Stock Price Movement Grovy India Ltd settled at ₹52.54 at the close of trade today, climbing...

Non-Executive Independent Directors Resign from Julien Agro Infratech Ltd Julien Agro Infratech Limited, formerly known as Silverpoint Infratech Limited, has seen several non-executive independent directors resign. Mrs. Kalpana Tekriwal, Mrs. Roshni Gadia, and Mrs. Chetna Gupta have stepped down from their roles at the company.The appointments of these three directors were effective from July 07, 2026. All three reported that their resignation was due to personal reasons and other professional commitments. The company confirmed receipt of statements from each director affirming that there are no other material reasons for their departure apart from what was mentioned in the resignation letter.The details pertaining to the resigned...

Lykis Ltd to Hold Board Meeting to Approve Q1 Unaudited Financial Results Lykis Ltd has scheduled a Board of Directors meeting to consider and approve the Unaudited Financial Results for its first quarter ended June 30, 2026.The meeting is set for Friday, July 24, 2026, at the company's registered office. The agenda includes reviewing several key business matters related to the company’s performance during the period.The Board will review the Unaudited Financial Results (both Standalone and Consolidated) for the first quarter ended June 30, 2026. Additionally, a Limited Review Report (Standalone & Consolidated) for the same quarter is slated for consideration at the meeting. The board may also consider any other business with...

Legal Landscape Shifts: Bar Council Unveils Draft Advocates Amendment Bill 2026 for Stakeholder Review BCI Releases Draft Advocates (Amendment) Bill, 2026 The Bar Council of India (BCI) has officially placed the Draft Advocates (Amendment) Bill, 2026 for public and stakeholder consultation. This draft has been prepared in careful consultation with all relevant parties concerning the future trajectory of the legal profession.The BCI hosted the release of this crucial legislative document on its official website on July 18, 2026. The move reflects a commitment to evolving the professional standards within the country's judicial system. Stakeholders are encouraged to review the draft and offer their insights directly.Public...

Automated Parking Tech IPO Smashes Targets: Sotefin Bharat Subscribed at 3.78 Times on Final Day Kolkata-based automated parking solutions provider, Sotefin Bharat, saw its Initial Public Offering (IPO) successfully complete a strong subscription run on July 20, the third and final day of bidding. The IPO was fully subscribed 3.78 times across all investor categories, reflecting significant demand for the specialized tech firm.The offering witnessed sustained interest throughout the three-day bidding period. A total of 1.29 crore equity shares were bid upon, against the offer size of 34.32 lakh equity shares. The successful subscription highlights the growing interest in niche technology providers.Investor Demand Drives IPO...

Sobha Q1 Earnings Explode: Net Profit Jumps 274% on Record Sales Bookings Fueling Premium Housing Boom Sobha Ltd has marked a highly successful start to FY27, reporting a massive surge in profitability driven by robust demand for its premium residential projects. The Bengaluru-based realty major witnessed a remarkable 274 percent year-on-year jump in net profit, underscoring the strong appetite for high-end housing across its core markets.The company reported that its revenue from operations increased sharply by 48 percent, reaching around Rs 1,330 crore for the quarter ending in June. This impressive financial performance was significantly bolstered by record quarterly sales bookings totaling Rs 3,656 crore, a massive increase of 76...

Rose Merc Ltd completes equity share allotment after conversion of warrantsRose Merc Ltd has approved the allotment of 16,917 fully paid-up Equity Shares upon the conversion of existing warrants, as determined by its Allotment Committee. The shares have a face value of Rs. 10/- each.The company announced that following this allocation, the post allotment paid up capital stands at Rs. 6,87,40,470/. This figure is based on 68,74,047 equity shares of Rs. 10/- each. The pre-existing share capital amounted to 68,57,130 equity shares aggregating to Rs. 6,85,71,300/-.The allotment involved the conversion of warrants into equity shares at an allotted price of Rs. 90/-, which includes a premium of Rs. 80/-.The allocation details for the...

RBI Slams Co-operative Bank with ₹3 Lakh Fine Over Critical KYC Compliance Lapses The Reserve Bank of India (RBI) has leveled a significant monetary penalty against The United Puri-Nimapara Central Co-operative Bank Limited, Odisha. The fine was imposed for non-compliance related to critical 'Know Your Customer (KYC)' directions issued by the regulator.This punitive action underlines the RBI's strict focus on compliance within the banking sector. The bank has been penalized ₹3 lakh for its failure to adhere to prescribed KYC protocols.Basis of the Penalty and Regulatory Violation The penalty was confirmed via an order dated July 14, 2026. This action taken by the RBI is based on provisions under Section 47A(1)(c) read with sections...

Gujarat Themis Biosyn’s Credit Rating Placed on Watch Amid Major Acquisition Plans CARE Ratings Limited has assigned ratings for the bank facilities of Gujarat Themis Biosyn Ltd (GTBL) as ‘Care BBB (RWN)’ for Long Term Bank Facilities and ‘Care A3+ (RWN)’ for Short Term Bank Facilities. Both assignments are currently placed on "Rating Watch with Negative Implications," reflecting concerns surrounding the company’s proposed large scale acquisitions in the near to medium term, alongside uncertainties related to the funding structure for these transactions.The rating assessment was conducted by CARE Ratings Limited. The facilities and associated ratings are detailed below:Facility TypeRating AssignedRemarksLong Term Bank...

V R Infraspace Revises Timeline for Acquisition of Daxon Realty Limited Equity V R Infraspace Limited has announced a revision to the completion timeline for its acquisition of equity shares in Daxon Realty Limited. The company confirmed that the transaction, originally scheduled for completion within six months of the Board approval, is now expected to be finalized on or before November 21, 2026.The update comes after V R Infraspace’s Board of Directors agreed during its meeting held on January 21, 2026, to acquire up to 20% equity shares in Daxon Realty Limited. This move relates to the company's ongoing strategy concerning the subsidiary, Daxon Realty Limited.V R Infraspace stated that the extension of the timeline is necessary...

KCP Group Subsidiary Secures Significant Order from Hyundai Engineering & Construction Co. Limited M/s. The EIMCO-K.C.P Limited, a wholly owned material subsidiary of KCP Sugar and Industries Corporation Ltd, has secured a significant order valued at Rs. 257,00,00,000 (Rupees Two Hundred Fifty Seven Crores).The contract is awarded by M/s. Hyundai Engineering & Construction Co. Limited. The supply encompassed by the order includes the design, engineering, manufacturing, testing and delivery of a Reactor Clarifier Package required for Common Seawater Supply Project.KCPSUGIND Stock Price Movement KCP Sugar and Industries Corporation Limited shares today closed in the green, edging up 0.46% to settle at ₹21.71. The equity traded a total...

Rajoo Engineers Reports Unaudited Financial Results for Quarter Ended June 30, 2026 Rajoo Engineers Limited has announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The results were approved by the Board of Directors during a meeting held on July 20, 2026.The Company's financial statements, which include those of its subsidiary, Kohli Printing and Converting Machines Private Limited, and its joint venture, Rajoo Bausano Extrusion Private Limited, were reviewed by Statutory Auditors, Rushabh R Shah and Co., who issued a limited review report without any qualification or modification.Consolidated Financial Highlights The unaudited consolidated financial results for the quarter...

Aastha Spintex Eyes 1:1 Bonus Issue as Textile Firm Navigates Post-IPO Price Plunge Textile player Aastha Spintex, which debuted in the market this month, announced today that its board of directors is set to review a potential 1:1 bonus issue and determine a final dividend for FY26. The announcement comes just over a month after the company’s successful listing.In an exchange filing, the company stated that the board meeting scheduled for Thursday will consider declaring a final dividend up to Rs 10 per equity share. Aastha Spintex indicated that this move is intended to return a portion of its success directly to shareholders from the reserved and surplus fund. Investors are keenly awaiting clarity on both the bonus issue and the...

Bharat Gears Announces Record Date for Final Dividend Payout on Equity Shares Bharat Gears Limited has announced the record date pertaining to the declaration of a dividend on its equity shares for the financial year 2025-26.The company fixed August 06, 2026, as the record date for determining the names of members eligible for the final dividend, which is set at Rs. 1.00 per equity share. This dividend will be paid if declared at the Annual General Meeting (AGM) scheduled to take place on August 13, 2026.The announcement clarified the payment mechanism and eligibility criteria. Shareholders holding shares in physical form must appear in the Register of Members of the company on August 06, 2026. For those with shares held in...

JSW Infrastructure Announces 20th Annual General Meeting for Members JSW Infrastructure Ltd has scheduled its 20th Annual General Meeting (AGM) of its members. The AGM is set to be held on Thursday, August 13, 2026.The company specified that the meeting will take place at 3:30 p.m. (IST). Members can attend the proceedings via Video Conferencing (VC) or Other Audio-Visual Means (OAVM).In addition to the AGM, JSW Infrastructure Ltd has fixed a "Cut-off Date" for determining which members are eligible to vote on the resolutions presented in the Notice of the AGM. This crucial date is set as Thursday, August 6, 2026.JSWINFRA Stock Price Movement Today, JSW Infrastructure Limited shares edged higher, closing at ₹348.45 after gaining...

Birlasoft Ltd Announces Board Meeting to Approve Q4 Financial Results Birlasoft Limited has scheduled a meeting of its Board of Directors to review and approve the company's unaudited financial results for the quarter ending June 30, 2026.The board meeting is set for Tuesday, July 28, 2026. The meeting will be held to consider and approve both the Standalone and Consolidated unaudited financial results for the quarter ended June 30, 2026.In relation to trading activity, Birlasoft has confirmed that the designated Trading Window for the company's equity shares was closed starting from July 1, 2026. This restricted window will remain closed until the expiration of 48 hours following the declaration of the financial results for the...

Jyoti Structures Limited Board Approves Significant Increase in Authorized Share CapitalJyoti Structures Limited announced that its Board of Directors, during a meeting held on July 20, 2026, approved a substantial increase in the company's authorized share capital. The Board also reviewed and ratified several key corporate matters, including the annual report for the preceding financial year.The primary approval concerned the expansion of the company’s shareholding capacity. The Authorized Share Capital was increased from ₹ 2,56,30,00,000 to ₹ 3,20,00,00,000. The increase allows the company to issue a total of 1,60,00,00,000 equity shares, each valued at ₹ 2/-.The capital structure details are as follows:MetricPrevious...

Alphalogic Techsys Ltd Board Meeting Scheduled for July 23, Focuses on Equity Linked Fundraising Alphalogic Techsys Ltd has announced that its Board of Directors will convene a meeting on Thursday, July 23, 2026, at the company's registered office. The meeting includes significant agenda items related to future capital structure and shareholder approval processes.A primary focus of the board meeting is the proposal for raising funds through the issuance of convertible warrants or other equity linked securities. This fundraising effort can be executed through various permissible modes, including a private placement, a preferential issue, or qualified institutions placement, consistent with applicable laws.The company's agenda also...

Adroit Infotech Board Approves AGM Details, Announces Auditor Change and Share Forfeiture Adroit Infotech Limited held its Board of Directors meeting on July 20, 2026. During the meeting, the Board approved several key matters, including the scheduling of the 36th Annual General Meeting (AGM), appointing a Scrutinizer for e-voting, approving a new Internal Auditor, and ratifying modifications to the company’s stock option scheme.The Board approved the AGM, scheduled for Friday, August 14, 2026, at 9:00 A.M. (IST). The meeting will be conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). To ensure proper voting mechanisms, the Board set the Cut-off Date for member eligibility as Monday, August 3, 2026.The company...

Aplab Ltd. Announces Board Meeting to Discuss Q1 and Half-Year Unaudited Financial Results Aplab Ltd. has scheduled a meeting of its Board of Directors to review and approve the company's Unaudited Financial Results for the first quarter and three months ending June 30, 2026.The Board meeting is set to take place on Thursday, July 30, 2026.The purpose of the gathering includes considering the performance detailed in the Unaudited Financial Results for the specified period, as well as addressing other company matters.Stock Price Movement At the close of trade today, shares of Aplab Ltd settled at ₹88.93, dipping by 0.91%. The stock traded within an intraday range marked by a low of ₹86.15 and a high of ₹93.90.