Markets

Wall Street Plummets as Chip Selloff Triggers Broad Market Risk-Off Sentiment Wall Street extended its downward trajectory on Friday as a pullback on stocks associated with the artificial intelligence boom transformed into a wider risk-off sentiment.Semiconductor shares initially led the selling pressure, which quickly broadened across the broader market as the session progressed. All three major U.S. stock indexes closed lower on the day and posted losses for the week.Semiconductor Bear Market Confirmed Amidst AI Fatigue The Philadelphia SE Semiconductor Index (SOX) logged its steepest weekly loss in over a year, tumbling over 18% so far in July. Despite this sharp decline, the index remains up nearly 65% year-to-date...

Mamata Machinery Limited Sets Record Date for Financial Year 2026 Dividend Mamata Machinery Limited has announced that Friday, July 31, 2026, has been established as the record date for the purpose of distributing dividends for the financial year ended March 31, 2026.The company confirmed this timeline in a communication following an earlier update issued on July 17, 2026. Shareholders who are registered in the company records as of the designated date will be eligible to receive the dividend payments associated with the 2025-2026 fiscal period.Stock Price Movement Veefin Solutions Ltd settled at ₹314.10 on Friday, pushing up 1.24%. The stock navigated a clear path from its low of ₹310.00 to a high of ₹318.00 during the session.

Wendt (India) Ltd to Review Quarterly Financial Results in Upcoming Board Meeting Wendt (India) Ltd has scheduled a meeting of its Board of Directors to deliberate on and approve the company's unaudited financial performance for the quarter ending June 30, 2026.The board meeting is set to take place on July 24, 2026. During this session, the directors will consider the financial outcomes recorded during the June quarter to provide a clear view of the company's operational standing and fiscal progress for that period.Meeting Schedule DetailsEventDateBoard Meeting DateJuly 24, 2026Period CoveredQuarter ended June 30, 2026Status of ResultsUnauditedWENDT Stock Price Movement Wendt (India) Limited shares on Friday...

Wockhardt Limited Releases Business Responsibility and Sustainability Report for FY 2025-26 Wockhardt Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The report provides a comprehensive overview of the company's operational footprint, including manufacturing activities, employee welfare, environmental impact, and governance standards.Operational Overview and Market Reach Wockhardt Limited operates with a significant presence in both domestic and international markets. The entity reports an export contribution of 56.86% to its total turnover. The manufacturing segment, which includes chemicals, pharmaceuticals, medicinal chemicals, and botanical products...

Wockhardt Limited Releases Business Responsibility and Sustainability Report for FY 2025-26 Wockhardt Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The report provides a comprehensive overview of the company's operational footprint, including manufacturing activities, workforce metrics, and environmental impact across its national and international operations.Operational Overview and Market Presence The company operates in the pharmaceutical and chemical sectors, with business activities primarily concentrated in manufacturing and wholesale trading. Manufacturing accounts for 81% of the turnover, while wholesale trading contributes 19%.The entity...

Alldigi Tech Ltd to Convene Board Meeting on July 24, 2026 Alldigi Tech Ltd has scheduled a meeting of its Board of Directors to take place on Friday, July 24, 2026. The board is set to deliberate on and approve key corporate developments regarding the company's recent financial performance and shareholder distributions.The primary agenda for the meeting includes the review and approval of the unaudited financial results for both standalone and consolidated positions for the quarter ended June 30, 2026. Additionally, the board will consider the declaration of an interim dividend for the financial year 2026-27 to be paid to equity shareholders.In connection with these upcoming developments, the company has implemented a closure of...

TANFAC Industries Ltd to Review Quarterly Financial Results in Upcoming Board Meeting TANFAC Industries Limited has scheduled a Board of Directors meeting on July 24, 2026, to deliberate on and approve the company's unaudited financial results for the quarter concluded on June 30, 2026.The board meeting serves as a key administrative step in the company's reporting cycle, providing an opportunity for leadership to evaluate performance metrics and operational outcomes for the second quarter of the fiscal year.Trading Window StatusIn conjunction with this scheduled meeting, the trading window for dealing in the securities of TANFAC Industries Limited remains closed. This restriction applies to all designated persons, their immediate...

Race Eco Chain Ltd Invests INR 1,17,30,000 in Subsidiary Ganesha Recycling Chain Private Limited Race Eco Chain Limited has completed a further investment in its subsidiary, Ganesha Recycling Chain Private Limited. The company invested INR 1,17,30,000 in the equity shares of the subsidiary through a subscription towards a Rights Issue.The transaction resulted in the allotment of 1,17,300 Equity Shares to Race Eco Chain Limited on July 17, 2026. Following this acquisition, the company maintains a 51 percent ownership stake in the subsidiary.Investment Details and Subsidiary Profile The investment was made on an arms length basis as part of the corporate objective to expand business operations within the recycling industry. Ganesha...

Harish Textile Engineers Ltd Receives GST Scrutiny Notice for FY 2022-23 Harish Textile Engineers Limited has received a notice from the Office of the Assistant Commissioner of State Tax, Unit 74, Vapi, regarding a scrutiny of its tax records for the financial year 2022-23. The notice, issued under Section 73 of the Central Goods and Services Tax Act, 2017, pertains to the period from April 2022 to March 2023.The authority has identified discrepancies between the taxable values reported in E-Way Bills and those declared in Form GSTR-1. Additionally, the notice alleges an excess availment of Input Tax Credit (ITC). The scrutiny proposes a financial implication involving tax amounts, interest, and penalties as detailed below...

Net Pix Shorts Digital Media Ltd to Propose Name Change and Business Expansion Net Pix Shorts Digital Media Limited has announced that its Board of Directors will meet on July 22, 2026, to deliberate on significant corporate restructuring and strategic business expansions. The meeting is scheduled to address a change in the company's identity, an amendment to its core objectives, and the establishment of a new corporate office.The primary agenda item involves a proposed name change for the entity from Net Pix Shorts Digital Media Limited to Namastika Enterprises Limited. This rebranding is subject to the approval of the Registrar of Companies and other necessary permissions.In addition to the identity shift, the company intends to...

Harish Textile Engineers Ltd Receives Scrutiny Notice Regarding Input Tax Credit Harish Textile Engineers Limited has received a scrutiny notice from the Office of the Assistant Commissioner of State Tax, Unit 74, Vapi, concerning its tax positions for the financial year 2022-23. The notice, issued under Section 73 of the Central Goods and Services Tax Act, 2017, pertains to the period from April 2022 to March 2023.The authorities have alleged a short payment of tax resulting from an excess availment of Input Tax Credit (ITC) totaling Rs. 1,93,340. In addition to the tax amount, the notice proposes the levy of interest under Section 50 of the Central Goods and Services Tax Act, 2017, amounting to Rs. 1,31,959, and a penalty under...

IDream Film Infrastructure Company Limited Receives Trading Approval for Equity Share Issuance IDream Film Infrastructure Company Limited has received trading approval letters from BSE Limited for the issuance of equity shares. The approval pertains to two distinct tranches of shares issued on a preferential basis, facilitating the commencement of trading for these securities on the exchange.The authorization covers a total of 26,68,03,280 equity shares with a face value of Rs. 10 each. These issuances are structured based on specific corporate actions including warrant conversions and share swaps.Transaction Details The following table outlines the specific details of the approved equity share issuance:DescriptionNumber of...

PlatinumOne Business Services Ltd Announces Record Date for Dividend Payment PlatinumOne Business Services Ltd has announced the record date for its upcoming dividend payment related to the financial year 2025-26. The company has scheduled the Annual General Meeting (AGM) and dividend declaration for August 7, 2026.The record date for the dividend is set for July 31, 2026. Shareholders registered in the records as of this date will be eligible to receive the dividend payment. The company has scheduled the distribution of the dividend to occur on or after August 7, 2026.The key dates regarding the upcoming shareholder meeting and dividend distribution are detailed below:ParticularsDateDate of AGM / Dividend Declaration07 th...

Mahanagar Telephone Nigam Ltd Completes Funding for 6th Semi Annual Interest Payment Mahanagar Telephone Nigam Limited has completed the funding of the designated escrow account maintained with Bank of India to facilitate the payment of the 6th semi annual interest for its MTNL Bond Series VIII A (INE153A08154).The company confirmed that the funding was executed on July 17, 2026. This transaction pertains to the 7.59% MTNL Bond Series VIIIA, where the payment of interest was scheduled for July 20, 2026.The following table provides the specific details regarding the bond series and the corresponding payment schedule:DetailDescriptionBond SeriesMTNL Bond Series VIII A (INE153A08154)Interest Rate7.59%Scheduled Payment...

Nutricircle Limited Enters MoU for BioNutrition Valley Development in Tripura Nutricircle Limited, formerly known as Shreeyash Industries Limited, has entered into a Memorandum of Understanding (MoU) with the Department of Industries, Government of Tripura, to develop the BioNutrition Valley. The agreement was signed on July 16, 2026, to establish a manufacturing plant for proteins, functional food ingredients, and bio-based products.The initiative is designed to utilize circular bioeconomy practices. The project aims to achieve several key outcomes, including value addition to agricultural produce, sustainable industrial development, employment generation, and the enhancement of farmer income.Project Scope and Financial Estimates...

HCLTech Establishes Global Technology Center in GIFT City to Drive AI Solutions HCLTech has announced the launch of its new Global Technology Center located in GIFT City, Gujarat. The facility is designed to deliver AI-led solutions specifically for global clients within the financial services industry. Beyond client delivery, the center will function as a dedicated hub for developing next-generation technology solutions and talent development programs.The inauguration of the center was attended by C Vijayakumar, CEO and Managing Director of HCLTech, alongside Shri Sanjay Kaul (IAS), Managing Director and Group CEO of GIFT City. The event was presided over by Shri Harsh Sanghavi, Deputy Chief Minister of Gujarat.During the launch...

Coromandel International Ltd to Review Quarterly Financial Results on July 23 Coromandel International Limited has scheduled a meeting of its Board of Directors to review and approve the company's financial performance for the period ending June 30, 2026.The board meeting is set to take place on Thursday, July 23, 2026. During this session, the directors will consider the unaudited financial results of the company for the quarter ended June 30, 2026. These results will include both standalone and consolidated financial statements.The proceedings are expected to provide a comprehensive overview of the company's operational and financial standing during the second quarter of the fiscal year.COROMANDEL Stock Price Movement Coromandel...

Antariksh Industries Limited to Review Quarterly Financial Results in Upcoming Board Meeting Antariksh Industries Limited has scheduled a meeting of its Board of Directors to be held on July 24, 2026. The primary agenda for the meeting is the consideration and approval of the company's unaudited financial results for the quarter concluded on June 30, 2026.The board will also deliberate on any other business permitted by the Chair during the proceedings.In connection with this meeting, the company has implemented a closure of the trading window for its equity shares. This restriction applies to designated persons from July 1, 2026, until the expiration of 48 hours following the public announcement regarding the business items...

KPIT Technologies Schedules Board Meeting to Review June Quarter Results KPIT Technologies Ltd has scheduled a meeting of its Board of Directors on Wednesday, July 29, 2026, to deliberate on and approve the company's financial performance for the quarter ending June 30, 2026.The primary agenda for the board meeting includes the consideration of the un-audited financial results for the period ended June 30, 2026, along with the Limited Review Report.In conjunction with these developments, the company has initiated a trading window closure period which began on Monday, June 29, 2026. This period will remain in effect until 48 hours after the official declaration of the un-audited financial results for the quarter ended June 30, 2026...

COSYN Ltd Announces Quarterly Financial Results and Board Appointments COSYN Limited has announced its un-Audited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved the results during a meeting held on July 17, 2026, following recommendations from the Audit Committee.The company also confirmed significant leadership changes and board appointments. The Board approved the re-appointment of Mr. Aeruva Bhopal Reddy as an Executive Director for a period of two years. Additionally, the company approved the issuance of a postal ballot notice regarding the appointment of Mrs. Madhuri Muddana as a Non-Executive Independent Director for a term of three consecutive years.Financial...