Markets

MRC Agrotech Ltd Partners with Banaras Hindu University for Commercialization of Wheat Variety MRC Agrotech Limited has formalized a strategic collaboration agreement with Banaras Hindu University (BHU), Varanasi, marking a significant step in the company's effort to commercialize advanced agricultural technologies. The Collaboration and License Agreement was finalized on July 17, 2026.Under the terms of the agreement, BHU granted MRC Agrotech Ltd a non-exclusive and non-transferable license. This license covers the complete spectrum of the wheat variety 'HUW 838', which was developed by the agricultural scientists at the Institute of Agricultural Sciences, Banaras Hindu University. The licensed activities include commercial...

Committed Cargo Care Limited Allots 5,30,840 Equity Shares Following Warrant ConversionCommitted Cargo Care Limited announced a significant transaction resulting from its Fund-Raising Committee meeting held on July 18, 2026. The company approved the allotment of 5,30,840 equity shares consequent to the conversion of warrants.The new shares were issued to Century India Opportunity Fund PC, designated as a Foreign Portfolio Investor and belonging to the Non-Promoters/Public Category. The allotted equity shares have a face value of Rs. 10/- each and an issue price of Rs. 81/- per share, which includes a premium of Rs. 71/-.The company received a balance amount aggregating to Rs. 3,22,48,530/-, corresponding to the allotment of these...

A-1 Ltd to Hold Board Meeting to Review Q1 Financial Results A-1 Ltd has scheduled a meeting of its Board of Directors to discuss and approve the unaudited financial results for the quarter ended on June 30, 2026. The company is set to hold the board meeting on Tuesday, July 28, 2026, at 11:00 a.m. at its registered office located at Corporate House No. A-1, Shivalik Business Centre in Ahmedabad.The primary agenda items for the Board include reviewing the company's unaudited standalone financial results under Indian Accounting Standards (Ind AS) and approving the unaudited Consolidated financial results for the quarter ended June 30, 2026. The meeting will also take note of compliance submitted with the stock exchange for the same...

Axis Bank Approves Appointment of Rajeev Mantri as Chief Financial Officer and Key Managerial Personnel Axis Bank Limited announced the approval of Rajeev Mantri for the role of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). This decision was made by the Board of Directors during a meeting held on July 18, 2026.The appointment was approved following recommendations from the Nomination and Remuneration Committee and the Audit Committee. Rajeev Mantri is set to join the Senior Management of Axis Bank with effect from September 28, 2026. He satisfies all qualifications prescribed under the Reserve Bank of India (Commercial Banks Governance) Directions, 2025 for the appointment of a CFO.The appointment details were...

Sayaji Hotels Ordered to Pay Consumer Compensation Following Commission Ruling The company, Sayaji Hotels Ltd., has received an order from the Hon'ble District Consumer Disputes Redressal Commission in Bhopal, Madhya Pradesh, directing it to pay a specific amount to a complainant. The decision was passed by the commission on July 7, 2026, and was received by Sayaji Hotels Ltd. on July 18, 2026.The ruling mandated that the company settle several financial components related to the dispute. These payments include compensation directed towards the booking amount, service deficiency, and associated legal costs for the complainant.The details of the required payment under the order are as follows:ComponentAmountDetailsPayment to...

Innovision Ltd Awarded Contract by NHAI for Turup Fee Plaza Management in Jharkhand Innovision Limited has secured a contract from the National Highways Authority of India (NHAI) related to the management and upkeep of a major fee plaza on a state highway. The award concerns the user fee collection agency role for the Turup fee plaza located at Ranchi Bypass in Jharkhand.The engagement, granted by NHAI, covers the operations for the Turup fee plaza under the National Highways Development Project (NHDP) Phase-III. This contract involves both the construction and facility management aspects of the plaza and adjacent toilet blocks, including the recouping of consumable items.The work order was granted on July 17, 2026. The contract is...

Universal Autofoundry Ltd Schedules Board Meeting for Q2 Results Review and Extends Trading Window Closure Universal Autofoundry Ltd has announced that its Board of Directors will meet to consider the Unaudited Financial Results and related reports for the quarter ending June 30, 2026. Furthermore, the company confirmed the continuation and closure period for its securities trading window.The meeting is scheduled for Monday, July 27, 2026, at 4:00 P.M.(IST) at the registered office of the company in Jaipur. The primary agenda item slated for discussion is the consideration and approval of the Unaudited Financial Results, along with the Independent Auditor's Limited Review Report pertaining to the quarter ended June 30, 2026. Other...

JK Cement Ltd Reports Q1 Financial Results: Unaudited Standalone and Consolidated Earnings Announced for June 30, 2026 JK Cement Limited released its un-audited financial results for the first quarter and three months ended June 30, 2026. The company’s Board of Directors considered and approved both the standalone and consolidated financial results on July 18, 2026. The results were reviewed by statutory auditors, who issued an unmodified opinion on the standalone financials.The un-audited standalone financial results show detailed performance metrics for J.K. Cement Limited across three quarters, including the first quarter of FY2026 (Q1), the last quarter of FY2025 (Q4), and the previous Q1 FY2026.Standalone Financial Highlights...

Aastha Spintex Ltd Denies Rumors Circulating Via Social Media Channels Aastha Spintex Ltd has clarified that speculative and unauthorized messages concerning the company, which have been circulating through various social media platforms, including Telegram links and channels, do not represent the official position of the organization.The company confirmed it is aware of the rumors being disseminated across certain online platforms. Aastha Spintex stated categorically that these circulating messages have neither been issued nor authorized by the Company.In light of the unverified information available, Aastha Spintex Ltd affirmed that it has not authorized any individual, entity, group, or social media channel to disseminate...

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*...