Markets

Anant Raj Ltd. Approves Significant Investment in Subsidiary Ashok Cloud Private Limited Anant Raj Ltd. has approved an additional investment in its wholly owned subsidiary, Ashok Cloud Private Limited (ACPL), through a rights issue of equity shares proposed by ACPL. The move is intended to raise funds necessary for the development of ACPL’s data center and cloud business infrastructure.The Finance and Investment Committee of the Board of Directors at Anant Raj Ltd. considered and approved the investment, which involves acquiring 37,43,22,553 fully paid-up equity shares from ACPL. These shares are being acquired for a total consideration of Rs. 74,86,45,106/- (Rupees Seventy-Four Crores Eighty-Six Lakhs Forty-Five Thousand One Hundred...

Emcure expands Poviztra® use for MASH following CDSCO approval of GLP-1 agonist Emcure Pharmaceuticals Ltd has announced that its co-marketed brand, Poviztra®, which contains innovator semaglutide (rDNA origin), will be available for the treatment of non-cirrhotic metabolic dysfunction-associated steatohepatitis (MASH) in adults. This expansion follows the Central Drugs Standard Control Organization's (CDSCO) approval of Wegovy® for the indication, significantly addressing a critical unmet medical need in treating this progressive liver disease.The availability of Poviztra® now allows Emcure and its subsidiaries to offer the new indication, expanding access to innovator semaglutide for patients suffering from MASH. This condition...

Aastha Spintex Eyes Massive Dividend and Bonus as It Gears Up for Forward-Integrated Textile Expansion Aastha Spintex is poised for significant strategic and financial announcements following a board meeting scheduled for July 23. The company confirmed through an exchange filing that it will deliberate on proposals including a bonus issue, the declaration of a final dividend, and a major expansion into forward-integrated textile products.The upcoming Board of Directors meeting aims to evaluate several key initiatives set to redefine the company's growth trajectory. These decisions are backed by substantial enhancements in its cotton yarn manufacturing capacity and an aggressive plan for value addition.Potential Bonus Issue and...

Orbit Exports Announces Buyback Corrigendum: Shares Held Revised and Maximum Purchase Limit Confirmed Orbit Exports Limited has issued a Corrigendum to its Letter of Offer regarding the buyback of equity shares, updating key shareholding statistics and confirming the maximum permissible amount based on the company's financial standing. The corrigendum was published in several newspapers, including Financial Express, Jansatta, and Mumbai Lakshadeep.The Company initially planned a buyback of up to 11,04,000 fully paid-up equity shares at a price of ₹250 per share, with an aggregate amount not exceeding ₹27,60,00,000/-. The Corrigendum addresses updates to the shareholder base and the entitlement structure for the tender offer.Key...

CMI Limited Confirms Securities Dematerialization for Quarter Ending June 2026 CMI Limited has confirmed the status of securities received from Depository Participants for dematerialization during the quarter ended June 30, 2026. The confirmation details relate to the process of converting physical share certificates into electronic form and subsequent record updates.The verification confirms that all securities received from Depository Participants for dematerialization were confirmed (accepted or rejected) by CMI Limited. Furthermore, these securities have been listed on the stock exchanges where the original issues were traded.CMI Limited also verified that security certificates received for dematerialization have been mutilated...

Tech Mahindra Completes Merger by Absorption Involving Three Subsidiaries Tech Mahindra Limited has initiated a merger by absorption involving three of its wholly owned subsidiaries: Zen3 Infosolutions Private Limited, Tech Mahindra Enterprise Services Limited, and Begig Private Limited. The transaction proceeds in alignment with orders received from the National Company Law Tribunal, Mumbai Bench.The merger involves the absorption of these Transferor Companies into Tech Mahindra Limited, which serves as the Transferee Company.As directed by the Hon'ble National Company Law Tribunal, Mumbai Bench, through orders dated February 12, 2026, and June 2, 2026, the company has issued notices to its Equity Shareholders regarding the Scheme...

Krishca Acquires 50.05% Stake in Manda Stainless to Boost Specialty Steel Expansion Krishca Strapping Solutions Limited, a manufacturer of high-tensile steel strapping and integrated packaging solutions, announced that its Board of Directors has approved the acquisition of a controlling stake in Manda Stainless Private Limited. This strategic investment aims to expand Krishca's presence within value-added specialty steel products.Through this acquisition, Krishca will develop a 36,000 TPA stainless steel cold rolling facility located near Vapi, Gujarat. The new facility will incorporate various processes including cold rolling, bright annealing, precision slitting, and other allied processing capabilities. Commercial production from...

Regulators Cement Digital Trust: How RBI Actions are Fortifying India's Fintech Sector Against Cybercrime and Fraud The Government and financial regulators have initiated a comprehensive review of the nation’s burgeoning fintech ecosystem. This review has led to various critical regulatory and supervisory interventions designed to bolster market integrity, enhance transparency, and significantly improve consumer protection across digital platforms and payment aggregators. These steps underscore the commitment by authorities to maintaining stability within the rapid growth of the financial technology sector.Strengthening Regulatory Oversight in Fintech The Reserve Bank of India (RBI) has taken several proactive measures to structure...

Independent Director Resigns from Markolines Pavement Technologies Limited Due to Other Commitments Markolines Pavement Technologies Limited has announced that Mr. Akash Manohar Phatak has resigned from his role as an Independent Director of the company, effective August 1, 2026.The resignation follows a letter tendered by Mr. Phatak stating his intention to step down from the position of Independent Director and all associated committees within Markolines Pavement Technologies Limited. The reason cited for this change is other commitments.Markolines Pavement Technologies Limited confirmed that Mr. Akash Manohar Phatak, identified by DIN 09288697, submitted his resignation on July 19, 2026. The company has recorded its appreciation...

Sunrise Industrial Traders Ltd adopts Unaudited Financial Results for Quarter Ended June 30, 2026 Sunrise Industrial Traders Limited announced that its Board of Directors considered and adopted the Unaudited Financial Results for the quarter ended June 30, 2026. The results were reviewed by the Audit Committee following a Board Meeting held on Monday, July 20, 2026.The Board meeting commenced at 4:00 p.m. and concluded at 4:15 p.m. on the same day, where the company adopted the unaudited financial results for the quarter ended June 30, 2026. The management noted that these figures will be published in newspapers as required.The Unaudited Standalone Financial Results provide a detailed look into the company’s performance across...

Steel Authority of India to Hold Board Meeting to Approve Quarter Ended June Results Steel Authority of India Limited (SAIL) has scheduled a meeting of its Board of Directors to review and approve its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The results are set to be considered at the board meeting scheduled for July 24, 2026, in New Delhi.The purpose of the Board meeting includes considering and taking on record these Unaudited Financial Results.In line with regulatory requirements concerning insider trading, SAIL has announced that its trading window will be closed starting from July 1, 2026. The restriction will remain active until 48 hours following the announcement of the...

Gujarat Energy Ltd to Hold Board Meeting for Q1 Un-Audited Financial Results; Trading Window Closed Gujarat Energy Ltd has scheduled a meeting of its Board of Directors to review and approve the standalone and consolidated un-audited financial results for the quarter ended on June 30, 2026. The board meeting is set to take place on August 11, 2026.The company also provided updates regarding the trading window for its equity shares. In line with corporate conduct standards, the trading window for dealing in Gujarat Energy Ltd's Equity Shares was closed starting July 1, 2026. The restricted trading window will remain closed until August 13, 2026, covering both days, specifically to allow for the announcement of the aforementioned...

Vimta Labs Reports Q1 FY27 Results; Total Income Reaches ₹1,129 Mn, Driven by Pharmaceutical Services Hyderabad: Vimta Labs Limited, India's leading Contract Research and Testing Organisation (CRO), announced its unaudited financial results for the first quarter of Fiscal Year 2027 (Q1 FY27), which ended on June 30, 2026. The company reported a Total Income of ₹1,129 Mn for Q1 FY27.The comprehensive performance review reveals significant operational activity and expansion within the CRO landscape.Financial Performance Snapshot (Q1 FY27) Vimta Labs delivered strong results across key profitability metrics. For Q1 FY27, the company recorded an EBITDA of ₹411 Mn, resulting in an EBITDA margin of 36.4%. The Profit After Tax (PAT) was...

Linde India Limited Releases Sustainability Report Highlighting Operational Efficiencies and Environmental Targets for FY 2025-26 Linde India Limited has released its Business Responsibility and Sustainability Report for the Financial Year 2025-26, detailing performance across environmental, social, and governance parameters. The report provides a comprehensive look into the company’s operations, labor practices, and resource management strategies.Company Profile and Operations As of the reporting period, Linde India Limited maintains paid-up capital of Rs. 852,842,230/-. The company's business activities are primarily divided between manufacturing and construction projects. Manufacturing of liquefied or compressed inorganic...

SG Mart Ltd Awards 4,86,000 Employee Stock Options under SG Mart Limited Employees Stock Option Scheme, 2023 SG Mart Ltd announced the grant of employee stock options following a meeting of its Nomination and Remuneration Committee held on July 20, 2026. The committee approved the grant of 4,86,000 Employee Stock Options under the SG Mart Limited Employees Stock Option Scheme, 2023 (which was formerly known as the Kintech Renewables Limited Employees Stock Option Scheme, 2023).The options are convertible into an equivalent number of Equity Shares of the Company and have a face value of ₹1/- each. The grant is governed by the established terms and conditions of the Scheme, which is administered by the Nomination and Remuneration...

Sakar Healthcare Limited Board Meeting Scheduled to Review Unaudited Financial Results for Quarter Ended June 30, 2026Sakar Healthcare Limited has scheduled a Board of Directors meeting to review and approve the company's Unaudited Financial Results for the quarter ending on June 30, 2026.The meeting is set for July 24, 2026. The agenda for the Board includes considering and approving the Unaudited Financial Results for the specified quarter, as well as addressing other pertinent matters.In addition to reviewing the financial outcomes, the company provided an update regarding trading protocols. Per the Company's Code of Conduct for prevention of Insider Trading, the trading window for designated persons will remain closed until 48...

Aastha Spintex Board Meeting Set to Consider Bonus Issue, Dividend Payout, and Strategic Vertical Expansion Aastha Spintex Limited has scheduled a meeting of its Board of Directors to discuss several strategic items that could significantly impact shareholder value. The Board is set to convene on Thursday, July 23, 2026, at 11:00 A.M. IST at the company's registered office in Halvad, Gujarat, with the meeting accessible via video conference for all directors.The agenda items under consideration include a potential bonus issue of equity shares, the declaration of a final dividend for the fiscal year 2025-26, and a proposal to introduce forward vertical products.Bonus Issue and Dividend Proposal Aastha Spintex is evaluating a proposal...

Silverline Technologies Ltd Discontinues Ahmedabad Corporate Office Citing Operational Efficiency Silverline Technologies Ltd announced a decision made by its Board of Directors regarding the closure of one of its corporate offices, effective July 20, 2026. The move is part of an administrative strategy aimed at enhancing operational efficiency and optimizing resources across the company.The Board meeting, held on Monday, July 20, 2026, reviewed and approved the discontinuation of the Corporate Office located at B1105 Titanium Square in Ahmedabad. This office was situated at Thaltej Road, Opp BMW Showroom, and the decision signifies a change in the company's physical administrative footprint.The Board noted that this closure is an...

Neogen Chemicals to Host Q1 FY27 Earnings Conference Call Amid Specialty Chemical Focus and Battery Material Expansion Neogen Chemicals Ltd., a prominent manufacturer of Bromine-based and Lithium-based specialty chemicals, has scheduled an Earnings Conference Call for analysts and investors to discuss its Q1 FY27 results. The conference call is set for Monday, July 27, 2026, at 4:00 p.m. IST.The session will feature a brief management discussion detailing the Q1 FY27 performance, followed by an interactive Question & Answer segment, and Neogen will be represented by senior members of its management team.Neogen Chemicals Ltd., incorporated in 1989, is recognized as a leading manufacturer in India's specialty chemical sector. The...

Magellanic Cloud Issues Corrigendum for EGM, Updates Preferential Issue Details and Share Count Magellanic Cloud Ltd., formerly known as South India Projects Limited, has issued a corrigendum regarding its Extra Ordinary General Meeting (EGM) scheduled for July 24, 2026. The document provides significant clarifications and updates concerning the preferential allotment of shares and convertible warrants.The EGM Notice, originally dated June 25, 2026, was communicated to shareholders via email on July 02, 2026. The corrigendum forms an integral part of the original notice.EGM Voting Schedule Details Magellanic Cloud Ltd. has set out a specific schedule for the e-voting process in conjunction with the upcoming EGM.Cut off date for...