Markets

Consecutive Commodities Ltd to Hold Board Meeting to Discuss Q1 FY26 Unaudited Financial Results Consecutive Commodities Limited (formerly known as Consecutive Investments & Trading Company Limited) has scheduled a meeting of its Board of Directors to review the company’s performance for the quarter ending June 30, 2026.The Board meeting is set to be held on Friday, July 24, 2026, at 3:00 P.M. The meeting will take place at the Corporate Office located at B1-305, Westgate Business Bay, SG Highway, Ahmedabad - 380 015.The agenda for the Board includes reviewing the Unaudited Financial Results of the company for the Quarter ended on June 30, 2026, along with a Limited Review Report.Additionally, the meeting is scheduled to discuss...

Corporate Giants Surge into InvITs: L&T Pours ₹4,000 Crore as Domestic Capital Shifts Gears Large domestic players are rapidly re-evaluating their capital allocation strategies, with corporate behemoths and family offices increasingly committing massive sums to Infrastructure Investment Trusts (InvITs). This trend signals a significant maturation of India’s real asset market. Companies like Larsen & Tata Group (L&T) and Premji Invest have emerged as key backers, viewing InvITs not just as investments but as vital instruments for stable, long-term growth.The influx represents more than isolated transactions; it reflects a broader systemic shift in how domestic capital is being deployed across the country’s infrastructure landscape...

Coromandel Agro Products & Oils Announces Board Meeting to Approve Q2026 Un-Audited Financial ResultsCoromandel Agro Products & Oils Ltd has announced a forthcoming Board Meeting scheduled for August 8, 2026. The meeting is designated to formally take on record and approve the Un-Audited Financial Results of the company for the quarter ending June 30, 2026.The company specified that the Board Meeting will be held at 02:30 P.M. on August 8, 2026, focusing solely on the approval and recordal of the financial performance metrics corresponding to the specified period.Details of the corporate event are as follows:EventDateTimeBoard MeetingAugust 8, 202602:30 P.M.Financial Period CoveredQuarter ending June 30, 2026N/AStock...

Acquirers Launch Mandatory Open Offer for Jai Mata Glass Limited, Targeting 26% Stake at INR 1.85 Per Share A consortium led by Mr. Ashwani Gulati and Ms. Kiran Gulati has initiated a mandatory open offer for Jai Mata Glass Limited (JMGL). The acquisition aims to secure management control and expand the business operations of the company, with the Acquirers offering up to 260,00,000 Equity Shares at an offer price of INR 1.85 per share.The mandatory open offer follows a related transaction wherein the Acquirers acquired 4,45,65,460 equity shares from members of the Promoter Group—Ms. Anu Marwah, Mr. Inesh Marwah, and M/s J P Overseas Private Limited. This initial acquisition, executed via a Share Purchase Agreement on July 13, 2026...

Sensex Plummets on Private Bank Sell-off Amid Geopolitical Heat; Broader Markets Rally Strong Indian equity indices finished mixed on Monday, driven down by heavy selling pressure concentrated in private banking stocks following the release of their June-quarter earnings reports. The benchmark indices saw declines amid weakening global sentiment and escalating geopolitical tensions unfolding in the Middle East. Despite the weakness in high-profile financial stocks, broader market segments demonstrated resilience, with midcap and smallcap indices concluding the session marginally green.Market Indices Face Pressure as Banking Sector Lags Behind The Sensex closed at 77,708.52, marking a decline of 442.93 points or 0.57 percent. The Nifty...

Steel Exchange India Limited Releases Q1 2026 Un-Audited Results; Approves Director Tenure and Reviews Finances Steel Exchange India Limited has released its standalone and consolidated un-audited financial results for the quarter ended June 30, 2026. The company's Board of Directors reviewed and approved these results alongside various corporate decisions, including management appointments and director tenure approvals.Financial Performance Highlights The company reported the following key figures in its standalone results:ParticularsQended 30.06.2026 (Unaudited)Qended 31.03.2026 (Audited)Qended 30.06.2025 (Unaudited)Year ended 31.03.2026 (Audited)Total Revenue from Operations29,999.8928,732.75105,943.99105,943.99Total...

SG Mart Reports Strong Q1FY27 Results Driven by Growth in Infrastructure and Industrial Markets Noida, July 20, 2026 – SG Mart Limited announced robust financial and operational performance for the quarter ended June 30, 2026. The company reported significant growth across its key metrics, driven by demand from infrastructure and industrial end-markets and a focused strategy on value-added products.The results show substantial year-over-year increases in profitability and revenue. Revenue saw a rise of 14% year-on-year (YoY), while the company reported a Business EBITDA increase of 64% YoY to Rs588 Million, and Profit After Tax (PAT) increased by 41% YoY to Rs456 Million.Mr Amit Thakur, Executive Director at SG Mart, commented on...

Suraj Products Ltd Initiates Kiln Maintenance at DRI Plant; Operations Anticipated to Be Affected for 30 Days Suraj Products Ltd has announced that it has undertaken maintenance on one of its Kilns within the company's DRI Plant. This operational update means the maintenance work is set to continue for approximately 30 days.The decision involves taking a specific unit in the production process offline. Suraj Products Ltd stated that once operations resume, the company will provide further information regarding the status of the DRI Plant.This development relates specifically to the upkeep and maintenance activities within the established DRI plant infrastructure.Stock Price Movement As of 14:14, shares of Suraj Products Ltd are...

Abhishek Finlease Ltd to Hold Board Meeting for Q1 2026 Financial Results Abhishek Finlease Limited has announced that its Board of Directors will convene a special meeting to review the company's performance and discuss various business matters.The board meeting is scheduled for Monday, July 27, 2026, at 03:00 P.M. The meeting will be held at the company’s registered office.The primary agenda item for the Directors includes approving the Un-Audited Financial Results for the quarter that concluded on June 30, 2026. In addition to the financial review, the board is set to address other associated business transactions as per the established agenda.Stock Price Movement As of 14:15, Abhishek Finlease Ltd is ticking up, trading at...

Indian Overseas Bank Confirms Security Cover Status as All Listed Non-Convertible Debt Securities are Unsecured Indian Overseas Bank has confirmed the security cover status of its debt instruments following the preparation of a certificate detailing the bank's financial standing. The certificate, covering the quarter ended on June 30, 2026, addressed the maintenance of Security Cover as required under applicable regulations.A key finding noted in the documentation is that all outstanding listed non-convertible debt securities issued by Indian Overseas Bank are unsecured in nature.The bank's management was responsible for computing and extracting the data related to security cover from the Standalone Financial results, which were...

LGT Global Hospitality Expands Luxe Living Portfolio by Adding 19 Accommodation Units in Chennai LGT Global Hospitality Limited has significantly strengthened its presence in Chennai with the expansion of its Luxe Living serviced accommodation portfolio. The company added 19 new accommodation units across two strategically located properties, catering to a growing market of business, corporate, and leisure travelers.The latest additions include Thillai Residency, a fully managed serviced apartment property boasting 18 units located in Korattur, Chennai. Additionally, the expansion incorporated one serviced unit at Vinayaga Flats in Choolaimedu, Chennai.With this inventory increase, LGT continues to enhance its range of...

SG Mart Limited Approves Major Acquisition and Appoints New Directors; Reviews Q2 Results SG Mart Limited has made significant moves in its corporate structure and strategic planning, approving the acquisition of Tanwar Cargo Solutions Private Limited (TCSPL) and appointing several new directors. The company also approved the unaudited financial results for the quarter ending June 30, 2026.The Board meeting held on July 20, 2026, addressed multiple corporate actions, including the appointment of four individuals to the Board of Directors and securing a strategic land asset through acquisition.Strategic Acquisition and Leadership Changes SG Mart Limited approved the purchase of 100% of the equity share capital of Tanwar Cargo...

ZF Steering Gear India Announces Board Meeting to Approve Q1 Financial Results ZF Steering Gear (India) Ltd has scheduled a meeting of its Board of Directors to review and approve the financial outcomes for the quarter ending June 30, 2026.The Board meeting is set for Friday, July 24, 2026. During this session, the company will consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter. The agenda includes reviewing these results along with the Limited Review Reports from the Statutory Auditors.In addition to the financial review, the company provided an update regarding its trading policies. According to the Company's Code of Conduct for Prevention of Insider Trading, the trading window for...

Timex Group India to Hold 38th AGM on August 20, Announces Dividend Declarations and Director Reappointment Timex Group India Ltd. has set the stage for its 38th Annual General Meeting (AGM) scheduled for Thursday, August 20, 2026, at 4:00 PM. The meeting will be conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM).The AGM will include the adoption of the Audited Financial Statements for the Financial Year ended March 31, 2026, and several key resolutions concerning dividend payments to preference shareholders and a proposal for the reappointment of a director.Key Business Items at the 38th Annual General Meeting The agenda includes critical financial decisions regarding dividends on Preference Shares, which...

L&T Technology Services ESG Score Revised Upward by SES ESG ResearchL&T Technology Services Ltd has seen its Environmental Social and Governance (ESG) rating independently revised by SES ESG Research Private Limited. The revision reflects a positive improvement in the company's performance across critical ESG parameters assessed by the agency.The revision details indicate that L&T Technology Services' SES ESG Score has increased, moving from 74.1 to 75.7. This change represents an increase of 1.6 points as determined by the rating agency.This updated rating serves as a reflection of the company's performance concerning Environmental Social and Governance parameters as assessed during the independent review conducted by SES ESG...

Shyam Metalics Commissions Aluminium Foil Facility in Odisha; Unjha Formulations Sets AGM Dates SMEL Steel Structural Pvt. Ltd., a stepdown subsidiary of Shyam Metalics and Energy Limited, has announced the commencement of commercial production at its new Aluminium Foil facility located in Sambalpur, Odisha. This strategic move marks a major step in SMEL’s product diversification strategy into value-added aluminium products.The facility boasts an installed operational capacity of 18,000 tonnes per annum (TPA) and is equipped to manufacture premium-grade foils spanning the thickness range of 6 to 40 microns. This investment contributes to the overall Rs 800 crore planned for the Aluminium facilities in Sambalpur.Strengthening its...

UltraTech Cement Reappoints Vivek Agrawal as Whole-time Director and Chief Marketing Officer UltraTech Cement Ltd has approved the re-appointment of Mr. Vivek Agrawal as Whole-time Director and Chief Marketing Officer, effective from January 1, 2027. The appointment is set for a two-year term, running until December 31, 2028, and is subject to shareholder approval.The company's Board of Directors approved the re-appointment following a review by the Nomination, Remuneration and Compensation Committee. Mr. Agrawal will continue in his capacity as Key Managerial Personnel of UltraTech Cement Ltd. The appointment is set for the role of Whole-time Director designated as Whole-time Director and Chief Marketing Officer.Mr. Agrawal brings...

Indo Thai Securities Posts Strong FY26 Results Amid Diversification Push into Clean Tech and Real Estate Indo Thai Securities Limited, a full-stack financial services company operating for 31 years, has showcased robust profitability in Fiscal Year 2026, driven by significant growth in treasury operations. The firm is simultaneously executing a strategic evolution, diversifying its portfolio through clean technology assets and real estate ventures, while planning a major corporate demerger.Indo Thai Securities Limited serves as a client-centric platform for HNI, UHNI, and corporate clients, offering services across equity broking, derivatives, wealth management, and algorithmic trading. The company holds registrations with NSE, BSE...

Prohibition Order Issued for EDC Plant at Chemplast Sanmar’s Karaikal Facility Chemplast Sanmar Ltd has announced that the operation of its Ethylene-Di-Chloride (EDC) manufacturing plant in the Karaikal facility, Puducherry, has been prohibited following a fire incident.The prohibition order was issued by the Inspector of Factories, Puducherry, on July 19, 2026. The directive strictly prohibits any further use or operation of the EDC Plant. To resume activities, the company must obtain revocation approval from the Chief Inspector of the Factories, Puducherry, after completing all required directives specified in the prohibition order.The incident stems from a fire that occurred on July 17, 2026, at the designated EDC manufacturing...

Tinna Rubber and Infrastructure Limited Announces Q1 Results and Schedules Annual General Meeting Tinna Rubber and Infrastructure Limited reported its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, following the approval of the Board of Directors' meeting held on July 20, 2026. The company also announced that its 39th Annual General Meeting (AGM) is scheduled for September 15, 2026.The board meeting considered and approved the unaudited financial results and the Limited Review Report of the Statutory Auditors for the first quarter ended on June 30, 2026.Financial Performance Overview The company's operating segment relates to manufacturing and trading of Crumb Rubber, Crumb Rubber...