Markets

Rose Merc Completes Acquisition of Bungalow and Land in Pune for ₹1.3 Crore Rose Merc Ltd has successfully completed the acquisition of a significant piece of immovable property located in Village Valvan, Taluka Maval, District Pune, Maharashtra. The purchase was finalized on July 17, 2026, with the company acquiring the asset for a total consideration of ₹1,30,00,000.The acquisition is part of the company's strategic plan and falls in line with the objectives approved by its Board of Directors, which had previously authorized the purchase of immovable property up to an aggregate value of ₹2,00,00,000. The transaction was conducted at arm's length and involves no interest from the promoter or promoter group.The acquired asset...

CRISIL Reaffirms Ratings for Indus Towers' Long-Term Debt and Short-Term Facilities Indus Towers Ltd has received updated credit ratings from CRISIL Ratings Limited, reaffirming the standing of its long-term bank loan facilities and bond debt instruments. The ratings were issued on July 17, 2026.CRISIL Ratings reaffirmed the rating for Indus Towers' long term bank loan facilities and Rs. 1,000 crore bond (debt instrument) at 'Crisil AAA/Stable'. This reaffirms the stability of the company’s debt structure over the longer term.In addition to the long-term reaffirmation, CRISIL also provided ratings for the short term obligations. The short-term bank loan facilities and Commercial Papers of Indus Towers were rated at 'Crisil A1+'.A...

Uniinfo Telecom Services Limited Approves New Director, Records Resignation of Independent Member Uniinfo Telecom Services Limited, formerly known as Uniinfo Telecom Services Pvt. Ltd., has seen changes in its Board of Directors following a board meeting held on July 18, 2026. The outcomes approved by the management include the appointment of a new director and formal acknowledgment of an independent director's resignation.The Board of Directors met on the date to approve significant leadership appointments and personnel movements within the company structure.The key outcomes of the meeting are as follows:New Appointment: Shri Manojkumar Bhagirathprasad Rawat (DIN: 11820058) was approved for appointment as an Additional Director...

Dalmia Bharat Limited Announces Investor Conference Call for Q1 FY27 Results Dalmia Bharat Limited has scheduled an investors and analysts group conference call to discuss the Unaudited Standalone and Consolidated Financial Results of the company for the quarter ending June 30, 2026.The conference call is set to take place on Friday, July 24, 2026, at 04:30 P.M. (IST).This event provides stakeholders with an opportunity to review the financial performance of Dalmia Bharat Limited for the specified quarter.Interested parties are provided various dial-in details for the conference call, including primary and secondary numbers, along with international toll-free options covering several regions.Key participation details include...

AstraZeneca Pharma India Ltd Releases Business Responsibility and Sustainability Report for FY 2025-26 AstraZeneca Pharma India Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The report provides detailed insights into the company's operations, sustainability commitments, and adherence to ethical standards across various principles.The document outlines AstraZeneca's commitment to improving the health of people, society, and the planet through science-led and patient-focused activities, emphasizing the interconnectedness of planetary and population health.Operational Overview and Business Profile AstraZeneca Pharma India Limited is a global, science-led...

Manojkumar Bhagirathprasad Rawat Appointed as Independent Director at Uniinfo Telecom Services Limited; Prakash Chandra Chhajed Resigns Uniinfo Telecom Services Limited has seen changes in its Board of Directors. The company announced the appointment of Shri Manojkumar Bhagirathprasad Rawat as an Additional Director, effective July 18, 2026. Simultaneously, the company noted the resignation of Shri Prakash Chandra Chhajed from his role as an Independent Director.The appointment of Mr. Rawat follows a decision made by the Board of Directors on Saturday, July 18, 2026, and is based on the recommendation of the Nomination and Remuneration Committee. He will serve in the capacity of Non-Executive Independent Director for a term of five...

Vishvprabha Ventures Ltd updates stakeholders on Cash Credit NPA classification dispute with Bank of Maharashtra Vishvprabha Ventures Ltd has provided an update regarding the classification of its Cash Credit facility with Bank of Maharashtra, noting ongoing difficulties in resolving the Non-Performing Asset (NPA) designation. The company stated that it initiated a formal complaint with the Banking Ombudsman after failing to receive a satisfactory response from the bank concerning the NPA status.The update follows previous disclosures made by Vishvprabha Ventures Ltd on April 25, 2026, regarding the Cash Credit facility held with Bank of Maharashtra being classified as an NPA.Following the initial disclosure, the company approached...

Madhusudan Masala Reports Quarterly Results; Confirms Full Utilization of Warrants Proceeds Madhusudan Masala Limited, formerly known as Madhusudan Masala Pvt. Ltd., 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 18, 2026. The company also provided a comprehensive update on the utilization of funds raised through the conversion of warrants into equity shares.The financial statements include those of the subsidiary, Vitagreen Products Private Limited, which was acquired on July 26, 2024. The results were reviewed by M/s Sarvesh Gohil & Associates, Chartered Accountants, and are presented in...

Bhansali Engineering Polymers Reports Strong Q1 FY27 Results; Total Income Jumps 50.9% Bhansali Engineering Polymers Limited (BEPL) reported robust performance in its first quarter of fiscal year 2027 (Q1 FY27), with Total Income surging by 50.9%. The company achieved significant growth in profitability, marked by a notable increase in EBITDA and Profit After Tax (PAT).The company's results underscore the resilience of its business model and operational efficiency, even amid global uncertainties. BEPL announced that it has fully funded approximately ₹200 crores of debottlenecking capital expenditure through internal accruals, maintaining a debt-free balance sheet.Q1 FY27 Financial Highlights The company’s Q1 FY27 performance...

Jivial Industries Ltd Schedules Board Meeting to Discuss Annual Results and Auditor Appointments Jivial Industries Limited has scheduled a meeting of its Board of Directors, which will cover the review of annual audited standalone results, as well as key appointments required by the company.The Board meeting is set for Wednesday, July 22, 2026, at 05:00 P.M., and is scheduled to be held at the Registered Office of the Company.The agenda for the Directors includes several critical items focused on financial scrutiny and operational governance. The company plans to consider and approve the Annual Audited Standalone Results for the half year ended March 31, 2026, along with the accompanying Auditor's Report by the Statutory Auditor...

Can Fin Homes Posts Net Profit of 26,782.09 Lakhs for Q1 FY27; Assets Maintain 100% Cover on NCDs Can Fin Homes Ltd has announced its Un-Audited Financial Results for the first quarter ending June 30, 2026. The results, approved by the Board of Directors, show the company recording a Net Profit after Tax of 26,782.09 lakhs, with Earnings Per Share (EPS) standing at 20.11.The company reported total income from operations of 1,09,63252 for the quarter ended June 30, 2026. This marks a positive performance in line with other financial metrics shared by the organization.Financial MetricQ1 FY27 (Ended Jun 30, 2026) Un-audited & ReviewedFY March 2026 AuditedQ1 FY26 (Ended Mar 31, 2026) Un-audited & ReviewedIncome from...

Punjab & Sind Bank reports Q1 FY27 results, seeing Net Profit rise 23.05% and NPA levels decrease Punjab & Sind Bank announced its reviewed Unaudited Financial Results for the Quarter ended June 30, 2026, showing significant improvements across profitability and asset quality indicators. The bank reported a rise in Net Profit on a Year-on-Year basis, alongside notable reductions in Non-Performing Assets (NPA).The bank's profitability metrics showed substantial growth. Net Profit grew by 23.05%, increasing from ₹269 Cr. to ₹331 Cr. Furthermore, Net Interest Income saw a rise of 15.33%, climbing from ₹900 Cr. to ₹1038 Cr.Efficiency ratios also improved during the quarter. The bank's Return on Equity (ROE) increased by 118 bps...

Vantage Knowledge Academy Approves UK Subsidiary Formation and Announces Key Leadership ChangesVantage Knowledge Academy Ltd., at a recent Board meeting held on July 18, 2026, approved several material business developments, including the incorporation of a wholly-owned subsidiary in the United Kingdom and major changes in its senior management. The Board also greenlit a scheme offering discounted educational vouchers to existing shareholders.The directors considered and approved the formation of a wholly owned subsidiary in the United Kingdom (UK). This new entity is intended to promote, expand, and enhance the educational business activities of Vantage Knowledge Academy Ltd. Designated company officials were authorized by the...

Can Fin Homes Limited Announces Unaudited Q1 Results for June 30, 2026; Reports Asset Cover and Dividend Recommendation Can Fin Homes Limited released its un-audited financial results for the first quarter ended June 30, 2026. The company's Board of Directors approved these results at a meeting held on July 18, 2026.The results provide insight into the operational and financial health of the company during the quarter. Key figures from the unaudited standalone financial statements are presented below:Financial MetricQ1 Ended June 30, 2026 (Ind AS)Q1 Ended March 31, 2026 (Audited)Q4 Ended June 30, 2025 (Ind AS)FY Ended March 31, 2026Income from Operations1,08,703.231,05,649.161,01,106.354,17,386.09Total Income from...

REC Incorporates Two Wholly Owned Subsidiaries for Power Transmission Projects REC Limited has established two new wholly owned subsidiary companies focused on critical power transmission infrastructure. These entities, Beed Parli Power Transmission Limited and Yavatmal Power Transmission Limited, are subsidiaries of REC Power Development and Consultancy Limited (RECPDCL), which itself is a wholly owned entity of REC Limited.The newly incorporated companies are intended to support significant intra state transmission projects in Maharashtra. These projects were allocated by the Government of Maharashtra, pursuant to a Gazette Notification dated February 27, 2026, under which RECPDCL has been appointed as the Bid Process Coordinator...

Adani Power Ltd Board Meeting Scheduled to Discuss Q1 Financial Results and Funding Proposal Adani Power Ltd has scheduled a Board of Directors meeting set for Wednesday, July 22, 2026. The meeting is intended to consider key business matters, including the unaudited financial results for the quarter ended June 30, 2026.At the proposed meeting, the company's board will also be reviewing a proposal aimed at raising funds. This fundraising initiative involves the issuance of equity shares or any other eligible securities through various permissible modes.The funding methods under consideration include private placement, qualified institutions placement (QIP), preferential issue, or any combination of these methods that may be...

Ganga Forging Limited Approves Financial Results and UAE Subsidiary Incorporation Ganga Forging Limited held its Board of Directors meeting on Saturday, July 18, 2026. During the meeting, the company approved the Standalone Unaudited Financial Results for the quarter ended on June 30, 2026. Furthermore, the board approved the incorporation of a Wholly Owned Subsidiary in the United Arab Emirates (UAE).The Board reviewed and approved these financial results. The decision follows a review conducted by the company's Audit Committee.In addition to the financial review, the meeting addressed the corporate strategy by approving the incorporation of the new subsidiary located in the UAE.GANGAFORGE Stock Price Movement On Friday, shares...

Alpex Solar Limited Board Notes Compliance Matter After Paying NSE Fine for Delayed Filing Alpex Solar Limited announced that its Board of Directors has taken note of and settled a fine imposed by the National Stock Exchange of India (NSE) concerning a delay in submitting the Annual Secretarial Compliance Report. The company confirmed that the levied fine was paid on July 10, 2026.The company's Board reviewed the notice received from NSE dated July 08, 2026 regarding non-compliance with listing regulations. The deliberation noted the delay pertaining to the submission of the Annual Secretarial Compliance Report as required under Regulation 24A(2) of SEBI (Listing Obligations and Disclosure Requirements).Following the review, Alpex...

Shree Refrigerations Ltd Approves Employee Stock Option Scheme and Regularizes Director Position Shree Refrigerations Limited announced significant decisions following its Board of Directors meeting held on July 18, 2026. The company approved a new employee stock option scheme and regularized the position of Ms. Rucha Ravalnath Shende as a Whole Time Director.The board's decision included the introduction and adoption of the Shree Refrigerations Limited Employees Stock Option Scheme 2026 (ESOP 2026), based on the recommendation of the Nomination and Remuneration Committee. The scheme proposed granting up to 1,00,000 stock options, corresponding to a maximum of 10,00,000 equity shares or 2.79% of the company's equity share capital. The...

Vedanta Power Limited details $1 Billion Facility Agreement and associated covenants Vedanta Power Limited, formerly known as Talwandi Sabo Power Limited, has confirmed details regarding a bridge facility agreement executed by promoter group entities of the company. The agreement carries a total commitment aggregating US$ 1,000,000,000.The Facility Agreement was entered into on July 15, 2026. Its primary purposes include the repayment and payment of interest and other amounts accrued on the Financial Indebtedness of the VRL Group (including Refinanced Existing Loans). The agreement also covers payments for fees, costs, and expenses incurred in connection with the transactions contemplated under the Finance Documents and general...