Markets

Panyam Cements & Mineral Industries Announces Resignation of Company Secretary and Key Managerial Personnel Panyam Cements & Mineral Industries Ltd has announced the resignation of Mr. Chiluka Seshi Kumar from his roles as Company Secretary and Compliance Officer, who is also a Key Managerial Person (KMP) at the company. The resignation is effective from the closure of business hours on July 18, 2026.Mr. Seshi Kumar tendered his resignation to the Board of Directors, stating that he is leaving Panyam Cements & Mineral Industries Ltd to pursue opportunities outside the organization.The details regarding this transition have been formalized as part of the company's internal and regulatory disclosures. Key information pertaining to the...

Paul Merchants' Subsidiary Launches New Financial Products in Lending Sector Paul Merchants Ltd has seen its wholly owned subsidiary, Paul Merchants Finance Private Limited (PMFPL), approve the immediate launch of new financial products aimed at strengthening its presence in the lending sector. The decision was made by the Board of Directors of PMFPL during a meeting held on July 18, 2026.The newly introduced product line encompasses two specific services: Loan Against Securities and Loan Against Silver. These offerings fall under the Financial Services - Lending category and are designated to cater exclusively to the domestic market.This move by the subsidiary indicates an expansion of financial services provided through the group...

Somany Ceramics Sets Record and E-Voting Dates Ahead of AGM Somany Ceramics Limited has announced the crucial dates related to its upcoming Annual General Meeting (AGM), including the record date for dividend entitlement and the schedule for remote e-voting, as it prepares for shareholders' deliberation.The company specified Wednesday, 5th August, 2026, as both the Record Date and the cut-off date for determining which shareholders are eligible to participate in the remote e-voting at the AGM. This record date is set for the purpose of establishing entitlement to the final dividend for the financial year ended March 31, 2026, should it be approved during the meeting.The AGM itself is scheduled for Wednesday, 12th August, 2026.To...

Vedanta Group entities execute US$ 1 billion bridge facility agreement The promoter group entities of Vedanta Limited have entered into a Facility Agreement totaling a commitment of US$ 1,000,000,000. The agreement was executed on July 15, 2026. This financial arrangement involves the Borrower and Guarantor entities to address corporate purposes within the VRL Group structure.The facility is intended for several core purposes related to the VRL Group. These include repayment of Financial Indebtedness and payment of accrued interest, as well as covering fees, costs, and expenses connected with the transactions defined in the finance documents. A key condition stipulated under the agreement is that no proceeds may be used to finance or...

Bank Guarantee Forfeited by MPCB for Prism Johnson Ltd Amid Alleged Non-Compliance Prism Johnson Ltd has confirmed that a bank guarantee submitted to the Maharashtra State Pollution Control Board (MPCB) was directed to be forfeited by Kotak Mahindra Bank Limited. The action relates to alleged non-compliance of consent conditions observed during an inspection at the company's Runwal Thane captive RMC Plant.The forfeiture stems from a communication received by the company from Kotak Mahindra Bank Limited on July 17, 2026. This direction stated that the MPCB had ordered the bank to forfeit the guarantee provided by Prism Johnson Ltd. for compliance with consent conditions.According to details provided regarding the matter, the...

Kotak Mahindra Bank Reports Q1FY27 Results: Standalone PAT Hits ₹4,123 Crore; Consolidated PAT Reaches ₹5,480 Crore Mumbai, July 18, 2026 — The Board of Directors of Kotak Mahindra Bank approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.The Bank reported a significant rise in its standalone Profit After Tax (PAT) for Q1FY27, reaching ₹4,123 crore, marking a 26% increase year-on-year (YoY). The consolidated PAT also saw strong growth, standing at ₹5,480 crore, or 23% YoY.Standalone Performance Highlights Kotak Mahindra Bank's Net Interest Income (NII) for Q1FY27 increased to ₹7,928 crore, up 9% YoY from ₹7,259 crore in Q1FY26 and a 1% increase QoQ from ₹7,876 crore in Q4FY26.The...

Aanchal Ispat Announces Rights Issue to Meet NCLT Approved Resolution Plan Obligations Aanchal Ispat Ltd., a major player in the structural steel industry, has announced a proposed Rights Issue of Equity Shares. The offering is designated to help meet crucial payment obligations stemming from an approved Corporate Insolvency Resolution Process (CIRP), solidifying its commitment to operational revival and future growth.The company's Authorized Equity Share capital stands at 2,20,00,000 shares of ₹10 each. The proposed Rights Issue aims to raise up to ₹15,00,00,000 (Rupees Fifteen Crore Only) through the issuance of Rights Equity Shares to eligible existing shareholders.Operational Snapshot and Financial Performance Aanchal Ispat...

IDBI Bank reports 5% rise in net profits for Q1 FY26-27; Gross NPA stands at 2.30% IDBI Bank Limited announced its un-audited financial results for the quarter ended June 30, 2026, revealing a 5% year-on-year increase in net profit and improved asset quality metrics. The bank reported a Net Profit of ₹2,115 crore for Q1 FY27, registering a 9% quarter-on-quarter growth.The bank's operational performance highlighted steady growth across various business segments while maintaining disciplined risk management. Net Interest Income (NII) reached ₹3,486 crore in Q1 FY27, marking a 10% year-on-year rise. Total business for the quarter stood at ₹5,84,725 crore, showing a 15% growth compared to the previous year.Key Financial and Asset...

Premier Polyfilm Limited Announces 34th Annual General Meeting for 2025-2026 Premier Polyfilm Limited has announced that its Thirty Fourth Annual General Meeting will be held in September 2026. The meeting is scheduled to cover the proceedings and affairs of the company for the financial year 2025-2026.The Annual General Meeting (AGM) is set for Thursday, September 24, 2026, beginning at 12:15 P.M. The meeting will be conducted virtually through Video Conferencing or other Audio Visual Means, allowing eligible members to participate remotely.Members have been informed that soft copies of the Annual Report pertaining to the specified period will be dispatched to all eligible Members ahead of the general body meeting.PREMIERPOL...

HDFC Bank Announces Earnings Call for Quarter Ended June 30, 2026 HDFC Bank Limited has scheduled an earnings call for analysts and investors regarding its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The bank hosted the event on Saturday, July 18, 2026, at 16:00 hours (IST).The Bank has made available the presentation material intended for this earnings call to investors and analysts. Interested parties can access the presentation materials through the HDFC Bank investor relations section on its official website.Details regarding the earnings event are as follows:MetricDetailEvent TypeEarnings CallReporting PeriodQuarter Ended June 30, 2026Date and TimeSaturday, July 18...

IDBI Bank Releases Q1 FY26 Results: Standalone Net Profit Hits 115.18 Crore; Consolidated Group Income Stands at 15,456.88 Crore IDBI Bank Limited today released its un-audited financial results for the quarter ended June 30, 2026. The results detailed both the standalone performance of the bank and the consolidated performance of the Group.The bank's standalone net profit for the quarter stood at 115.18 crore. For the same period, Total Income reached 8,573.02 crore. Interest Expenses were reported at 4,055.28 crore, while operating expenses amounted to 2,349.93 crore.The results also included key risk indicators: Gross NPAs were recorded at 6,089.65 crore, and Net NPAs were 35.50 crore. The bank maintained a CET1 Ratio of 26.38*...

Premier Polyfilm Limited Sets Record Date for Final Dividend of Rs.0.15 Per Share Premier Polyfilm Limited has announced the record date determining eligible shareholders for the payment of a final dividend for its equity shares. The company fixed Thursday, September 17, 2026, as the crucial date for this purpose.The final dividend is set at Rs.0.15 per equity share, representing 15% of the face value of the share, which has a face value of Rs.1/- each. This payment pertains to the financial year 2025-2026.Premier Polyfilm Limited provided key details regarding the dividend determination in its announcement. The information highlights the specific security and associated financial terms for shareholders.Key details concerning the...

Somany Ceramics Ltd's Sustainability Report Highlights Zero Liquid Discharge and Green Energy Initiatives for FY 2025-26 Somany Ceramics Limited, a leading player in the ceramic and vitrified tile market, has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report details the company's operational scope, commitment to environmental stewardship, and focus on social responsibility across its vast supply chain and workforce.The disclosures underscore Somany Ceramics' dedication to sustainable manufacturing processes, emphasizing Zero Liquid Discharge (ZLD), resource efficiency, and comprehensive employee well-being programs.Business Operations and Market Reach Somany Ceramics...

HSCC Merges with NBCC in Scheme of Arrangement to Consolidate Healthcare and Infrastructure Capabilities NBCC (India) Limited announced a scheme of arrangement for the merger of HSCC (India) Limited, a wholly owned subsidiary of NBCC (India) Limited, and the parent company. The merger aims to consolidate capabilities and streamline operations across the public sector infrastructure domain.The scheme proposes the integration of HSCC (Transferor Company) with NBCC (Transferee Company). The merger is intended to create a stronger, unified Central Public Sector Enterprise (CPSE) platform by eliminating corporate duplication, improving governance oversight, and optimizing resource deployment in healthcare and infrastructure consultancy...

Veritaas Advertising Announces Details for 8th Annual General Meeting and Book Closure Dates Veritaas Advertising Limited has announced key outcomes from its Board of Directors meeting held on July 18, 2026, concerning the upcoming annual general meeting (AGM) and related corporate deadlines. The company confirmed the details for the 8th AGM, book closure periods, and the appointment of a scrutinizer for e-voting.The 8th Annual General Meeting of Veritaas Advertising Limited is scheduled to be held on August 12, 2026. The meeting will commence at 1:00 P.M. (IST) and will be conducted via Video Conference ('VC') or Other Audio Visual Means ('OAVM'). The board approved the draft notice for convening this Annual General Meeting.In...

Premier Polyfilm Limited Approves Quarterly Results; Auditor Confirms Financial Integrity Premier Polyfilm Limited has approved its Unaudited Standalone Financial Results for the quarter ending June 30, 2026. The company's Board of Directors confirmed these results during a meeting held on July 18, 2026. Concurrently, the Statutory Auditor conducted a limited review of these financial statements and issued a report confirming their compliance and integrity.The Board’s approval of the Unaudited Standalone Financial Results for the quarter ending June 30, 2026, was completed following consideration and review of the company's performance during the period.In conjunction with the Board's approval, the company released a Limited Review...

T T Ltd Incorporates Wholly Owned Subsidiary for Investment Activities T T Limited has announced the incorporation of a new Wholly Owned Subsidiary (WoS), T T Capital Partners Limited. The company received the Certificate of Incorporation for the subsidiary on July 17, 2026.The newly formed entity operates under the investment and other business activity sector. T T Capital Partners Limited is set up to invest and deploy funds in various securities and financial instruments. These include shares, stocks, debentures, government securities, fixed deposits, units of mutual funds, and bonds issued or guaranteed by any company.A key operational parameter for T T Capital Partners Limited is that it will not undertake banking, financing...

Premier Polyfilm Limited Announces Unaudited Financial Results for Quarter and Year Ended June 30, 2026 Premier Polyfilm Limited has approved its Standalone Unaudited Financial Results for the quarter and year ending June 30, 2026. The company's operations involve the manufacturing and sale of Flexible PVC Flooring, Film, and Sheets, which constitute its single business product segment.The results reflect the performance of the company in its core manufacturing activities as of June 30, 2026.Financial Highlights (Quarter Ended June 30, 2026) Key figures from the Statement of Standalone Unaudited Financial Results for the quarter ended June 30, 2026 are summarized below:MetricValueRevenue from Operations (Inclusive of...

Avantel Ltd Secures Rs 20.81 Crores Purchase Order from Larsen & Toubro Limited Avantel Ltd has secured a significant purchase order worth Rs 20.81 Crores (inclusive of applicable taxes) from M/s Larsen & Toubro Limited (L&T). The contract relates to the provision of services concerning SATCOM Products, as per an intimation dated July 17, 2026.The transaction involves a domestic entity and falls under the service sector. L&T is set to execute these services during the period ending in July 2027.Key details regarding this contract are provided below:ParticularsDescriptionName of Entity awarding the order(s)M/s Larsen & Toubro LimitedNature of Order(s)/Contract(s)ServiceOrder Origin TypeDomesticBroad Consideration /...

Foce India Limited Board Approves Fresh Postal Ballot Following Low Engagement in E-Voting Foce India Limited, the authorized distributor for FOCE Watches and formerly known as Heighten Trading Company Private Limited, announced that its Board of Directors approved the conduct of a fresh Postal Ballot process. This decision follows an initial e-voting period during which no votes were cast by any members.The meeting of the Board of Directors was held on Saturday, July 18, 2026. The directors reviewed and approved several key resolutions, including the migration from the National Stock Exchange of India Limited Emerge Platform to the main board of the National Stock Exchange of India Limited (NSE). The Board also approved direct...