Markets

Groarc Industries India Holds 34th Annual General Meeting, Approves Key Director Reappointments Groarc Industries India Limited, formerly known as Telesys Info-Infra (I) Limited, conducted its 34th Annual General Meeting (AGM) on Saturday, July 18, 2026. The meeting was held through Video Conferencing or Other Audio Visual Means (VC/OAVM), concluding at 02:45 P.M. (IST).The AGM commenced at 02:30 P.M. (IST) and was chaired by Mr. Tirukkurungudi Seshadri Srinivasan, an Independent Director. The Chairman briefed members on the voting process and confirmed that the Company had facilitated remote e-voting via the Central Depository Service (India) Limited (CDSL) system prior to the meeting.The total number of shareholders recorded as of...

Stylam Industries Schedules Conference Call for Q1 2026 Unaudited Financial Results Stylam Industries Ltd has scheduled a conference call for analysts and investors to discuss the Company's unaudited financial results for the first quarter (Q1) ended June 30, 2026. The event is set for Friday, July 24, 2026, at 11:00 AM IST.The conference call will be attended by senior management from Stylam Industries Ltd. who will provide insights into the performance during the specified quarter.Management representatives scheduled to participate in the Q1 results conference call include:Mr. Jagdish Gupta, Managing Director Mr. Manit Gupta, Whole Time Director Mr. Kishan Nagpal, Chief Financial OfficerInvestors and participants can access...

Cella Space Ltd. Schedules Board Meeting to Consider Key Director Appointments Cella Space Ltd. has announced that a meeting of its Board of Directors is scheduled for Thursday, July 23, 2026. The primary agenda item set for deliberation at this meeting includes the formal appointment of several key individuals as Additional Directors of the company.The board meeting aims to consider and approve the appointments of three new directors who will join Cella Space Ltd. in various capacities.Details concerning the planned appointments are as follows:Director NameAppointment CategoryMs. Kolluru Bala Naga ManimalaAdditional Director (Independent)Mr. Benny JohnAdditional Director (Independent)Mr. Vignesh RajkumarAdditional...

Ratnabhumi Approves 20th Annual General Meeting Details, Sets E-Voting Schedule Ratnabhumi Developers Ltd., during a meeting of its Board of Directors held on Saturday, July 18, 2026, finalized key aspects pertaining to its forthcoming 20th Annual General Meeting (AGM) for the Financial Year 2025-26. The Board approved the notice and agendas for the AGM, which is scheduled to be held on Friday, August 14, 2026.The company confirmed that the 20th AGM will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM). In addition to scheduling the meeting, the Board approved the Board's Report for the Financial Year ended March 31, 2026, along with all required annexures.Crucial dates and operational guidelines for...

Matrix Geo Solutions Completes Quarterly Reporting, Notes Zero Investor Grievances Amid Tax Penalties Matrix Geo Solutions Limited released its consolidated operational reports for the quarter ended June 30, 2026, providing updates on corporate governance status, investor grievances, tax penalties, and ongoing litigation.The company reported that compliance with certain Corporate Governance provisions was not applicable for the specified quarter. This determination is based on the fact that Matrix Geo Solutions has listed its securities on the SME Exchange, which exempts it from specific requirements under Regulation 27(2) of the Listing Regulations, 2015.Financial Penalties and Tax Disputes The company reported two instances...

CRISIL Rates Neogen Chemicals Ltd and Ionics Ltd on Bank Facilities; Ratings Focus on Project Status CRISIL Ratings Limited has reviewed the credit ratings for Neogen Chemicals Limited and its subsidiary, Neogen Ionics Limited, regarding their bank facilities and debt instruments. The ratings address both companies' financial health across various loan types and lending institutions.For Neogen Chemicals Limited, rated at ₹680 Crore in Total Bank Loan Facilities Rated, the rating action is A-/Negative. The rationale provided notes that the downgrade is linked to the status of the battery chemicals project, while the rating also factors in insurance claim receipts. Furthermore, the revision in the rating for Ionics Limited reflects the...

Vintage Coffee and Beverages Ltd to Hold Board Meeting to Review Q1 Financial Results Vintage Coffee And Beverages Limited (formerly Spaceage Products Ltd) has scheduled a Board meeting to review its un-audited financial performance for the quarter ending June 30, 2026. The meeting is set to take place on Wednesday, July 29, 2026, at the company’s registered office.The agenda for the board includes considering the un-audited standalone and consolidated financial results, along with a Limited Review Report for the period ending June 30, 2026. The meeting will also address any other business requiring the permission of the Chairman.Insider Trading Status and Compliance Regarding internal trading procedures, the company specified that...

Facility Agreement Signed: Vedanta Aluminium Metal Limited Affected by US$ 1 Billion Debt Transaction Vedanta Aluminium Metal Limited (VAML) is impacted by a newly executed bridge facility agreement totaling US$ 1,000,000,000. The transaction involves several promoter group entities and lenders. While VAML was not a direct party to the agreement dated July 15, 2026, certain covenants within the Facility Agreement are effective for VAML as a member of the Group.The facility agreement was entered into by the Borrower, Twin Star Holdings Ltd., with Guarantor Vedanta Resources Limited. The agreement involves multiple parties, including promoter group entities and various financial institutions acting as lenders and arrangers.Key Parties...

Bansal Wire Industries to Hold Board Meeting to Approve Q1 Financial Results Bansal Wire Industries Ltd, a manufacturer of steel wires, has announced that its Board of Directors will meet soon to review and sanction the un-audited financial performance for the quarter ending June 30, 2026.The meeting is scheduled for Wednesday, July 22, 2026. The agenda includes considering and approving both the standalone and consolidated Un-audited Financial Results of the company for the specified quarter.In continuation of a prior intimation issued on June 27, 2026, the company confirmed that the trading window for dealing in the equity shares of Bansal Wire Industries will remain closed until Friday, July 24, 2026. This decision is aligned...

F Mec International Financial Services Ltd Announces Unaudited Quarterly Results for Quarter Ended June 30, 2026 F Mec International Financial Services Limited has announced its un-audited financial results for the quarter and three months ended on June 30, 2026. The outcomes of the company's 5th Meeting of the Board of Directors for the Financial Year 2026-2027 were reviewed during the meeting held on Saturday, July 18, 2026.During the board review, the management considered and approved the un-audited financial results, which were prepared in accordance with revised Schedule III of the Companies Act, 2013. The Board also noted other disclosures required under integrated filings for the quarter ended June 30, 2026, as well as various...

Northlink Fiscal and Capital Services Ltd Appoints Rishi Bhargav as Additional Non-Executive Independent Director Northlink Fiscal and Capital Services Ltd has appointed Mr. Rishi Bhargav as an Additional Director in the category of a Non-Executive Independent Director. The decision was approved by the Board of Directors, following a meeting held on July 17, 2026.Mr. Bhargav's appointment is valid for a tenure of five consecutive years and is subject to ratification by shareholders at the company's ensuing Annual General Meeting.The Company's Board of Directors recommended and approved the nomination of Mr. Bhargav as part of its commitment to enhancing board composition, in line with recommendations from the Nomination and...

Progrex Ventures Ltd to Hold Board Meeting to Review Q2 Financial ResultsProgrex Ventures Limited, formerly known as Progressive Extractions & Exports Limited, has scheduled a meeting of its Board of Directors. The Board Meeting is set for August 13, 2026, at the company's Registered Office located in Bhopal.The gathering is intended to address key operational and financial matters for the company. According to the notice, the Board of Directors will convene on August 13, 2026, at 4:00 P.M. at the Registered Office, Shri Mohan Parisar 232, Zone I M.P. Nagar, Bhopal.The meeting agenda includes two primary points for deliberation. The first item is to consider and approve the audited financial results for the Quarter ended on June...

Automotive Axles Ltd Boosts Sustainability, Highlights Safety Commitments in FY 2025-26 Automotive Axles Limited (AAL) has presented its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. The report underscores the company’s commitment to ethical conduct, safety standards, and environmental conservation across its manufacturing operations of axles and brakes.The company operates as a manufacturer of Axles and Brakes, with all business activities accounted for in FY 2025-26. AAL serves both domestic and international markets, having operations in three states nationally and engaging with nine countries internationally. The company reports that revenue from outside India stood at 2189.62 Million...

Lohia Corp IPO Opens Next Week: Machinery Manufacturer Launches Major OFS on July 23 The manufacturing sector is set to see a significant entry next week as Lohia Corp, a producer of machinery for technical textile production, launches its Initial Public Offering (IPO). The maiden public issue will open for bidding starting July 23 and will close to investors by July 27.The offering is structured entirely as an Offer For Sale (OFS), meaning that the proceeds generated from the IPO will be distributed directly to the selling shareholders rather than being received by the company itself. This structure provides a crucial platform for existing shareholders to liquidate stakes in the successful Kanpur-based entity.Details of Lohia...

Tata Power Secures LOA from SECI for Pumped Storage Services Tata Power Company Limited has secured a Letter of Award (LOA) from the Solar Energy Corporation of India Limited (SECI), a Government of India Enterprise, for providing pumped storage services at a significant scale. The contract pertains to a 324 MW / 2,592 MWh Pumped Storage Plant (PSP).The LOA specifies that Tata Power will provide energy storage services for 40 years, commencing from the Scheduled Commencement of Supply Date. SECI is set to sign the Pumped Storage Purchase Agreement (PPA) with the company subsequent to the signing of the Pumped Storage Sale Agreement with various buying entities.As part of the terms and conditions outlined in the Letter of Award...

SMT Engineering Ltd Pays Over Rs 1 Lakh Fine After Resolving Compliance Lapse with Stock Exchange SMT Engineering Ltd, formerly known as Adarsh Mercantile Limited, has settled a fine levied by the Bombay Stock Exchange in connection with the delay in submitting its secretarial compliance report for the financial year ended March 31, 2026. The company paid a total of Rs 1,13,280, including GST, after rectifying the non-compliance.The penalty was initially imposed by the Bombay Stock Exchange Ltd. following the company’s failure to submit the required secretarial compliance report within the prescribed timeline. The initial fine related to this default was Rs 96,000 plus GST.SMT Engineering Ltd addressed the issue and completed all...

The South Indian Bank Adjusts Marginal Cost of Funds Based Lending Rates (MCLR) The South Indian Bank Limited has revised its Marginal Cost of Funds Based Lending Rates (MCLR), which are applicable across multiple tenors, effective from July 20, 2026.The bank released the updated MCLR structure detailing the rates for various lending periods.According to the provided rate schedule, the new MCLR values are as follows:TenorMCLROvernight MCLR8.00%One-month MCLR8.45%Three-month MCLR9.40%Six month MCLR9.45%One year MCLR9.50%The South Indian Bank has also made this information available on its official website, southindianbank.bank.in.SOUTHBANK Stock Price Movement On Friday, shares of The South Indian Bank...

Shreyans Industries Limited to Hold 46th Annual General Meeting and Set Record Date for Dividend Entitlement Shreyans Industries Limited has announced key dates pertaining to its operations, setting the record date for members' entitlement to the dividend for Fiscal Year (FY) 2025-26. The company will also convene its 46th Annual General Meeting (AGM).The 46th AGM of Shreyans Industries Limited is scheduled to be held on Wednesday, August 28, 2026, at 11:00 a.m. The meeting will take place at the Registered office of the company located in Village Bhorapur, P.O. Sahabana Chandigarh Road, Ludhiana.In relation to the payment of dividends for FY 2025-26, the company has designated August 5, 2026, as the record date. This date is used...

Archean Chemical Industries Announces Board Meeting for Q1 Results and Maintains Insider Trading Closure Archean Chemical Industries Limited has scheduled a meeting of its Board of Directors to review and approve the UnAudited Financial Results for the quarter ending June 30, 2026. The board meeting is set to take place on Thursday, July 30, 2026, in Chennai.The primary agenda item for the meeting includes considering and approving both the standalone and consolidated UnAudited Financial Results. Following the conclusion of this board meeting, a copy of the Un-Audited Financial Results will be made available. The company plans to publish these Financial Results at a later date.In line with previous communications and current...

East India Drums and Barrels Announces FY26 Results and Approves Key Auditor Appointments East India Drums and Barrels Manufacturing Limited (formerly Precision Containeurs Limited) announced key approvals following its Board of Directors meeting held on July 18, 2026. The board approved the audited standalone financial results for the quarter and full financial year ending March 31, 2026, along with several appointments for various auditors for the Financial Year 2026-27.The Board of Directors approved the Audited Standalone Financial Results for the quarter and the financial year ended March 31, 2026. Additionally, the company's board approved four key auditor appointments, which are subject to specific conditions:M/s. Pranay...