Markets

DCM Shriram Fine Chemicals Ltd Announces Resignation of Non-Executive Director DCM Shriram Fine Chemicals Limited has announced the resignation of Ms. Aditi Dhar from her position as a Non-Executive, Non-Independent Director of the company, effective July 17, 2026.The decision follows personal reasons cited by Ms. Dhar, who noted that being based in the United Kingdom makes it unfeasible for her to participate in board proceedings. The resignation is effective immediately.The departure marks the conclusion of Ms. Dhar's tenure on the board. In her communication to the Board of Directors, she expressed appreciation for the opportunity to be associated with the company during her time in the role.The following table summarizes the...

Reliance Industries Reports Record Quarterly EBITDA and Growth Across Key Segments for Q1 FY27 Reliance Industries Limited has reported a strong start to the fiscal year 2027, with its consolidated revenue reaching ₹ 340,257 crore for the quarter ended June 30, 2026. This represents a 24.5% year-on-year (Y-o-Y) increase compared to the same period in the previous year.The company achieved a record quarterly consolidated EBITDA on a recurring basis of ₹ 54,067 crore, up 10.1% Y-o-Y. The consolidated Profit After Tax (PAT) on a recurring basis stood at ₹ 23,196 crore, marking a 6.1% Y-o-Y growth.Consolidated Financial Performance The following table outlines the key financial highlights for Reliance Industries Limited...

Corona Remedies Ltd to Review Q1 Financial Results in Upcoming Board Meeting Corona Remedies Limited has scheduled a meeting of its Board of Directors on Friday, July 31, 2026. The primary agenda for the meeting includes the consideration and approval of the company's unaudited financial results for both standalone and consolidated positions.The financial results to be reviewed pertain to the first quarter and the three months ended on June 30, 2026. In addition to the financial review, the Board will deliberate on other business matters during the session.In conjunction with these proceedings, the trading window for dealing in the securities of the company remains closed until Sunday, August 02, 2026. This measure follows the...

Viyash Scientific Limited Releases Business Responsibility and Sustainability Report for FY 2025-26 Viyash Scientific Limited, formerly known as Sequent Scientific Limited, has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report serves as an integral component of the company's Annual Report for the same period.The BRSR framework outlines the company's commitments and performance regarding corporate responsibility and sustainability. This documentation provides a comprehensive overview of the organizational standards maintained during the 2025-26 fiscal year.The full Business Responsibility and Sustainability Report is accessible to stakeholders through the official company...

Acme Solar Holdings Limited Clarifies Incident at Pokhran BESS Facility Acme Solar Holdings Limited has issued a statement to clarify reports circulating on social media and news platforms regarding an incident at its ACME Suryodaya BESS facility located in Pokhran, Rajasthan. The company addressed claims regarding significant damage to 13 BESS containers, describing such reports as incorrect.The company clarified that the situation involved a localized fire caused by an IGBT short circuit. This event affected only four power conversion systems (PCS). Acme Solar Holdings Limited confirmed that there was no damage to any of the BESS containers at the facility. The in-house fire safety teams managed to bring the incident under control...

Audroc Ltd Announces Quarterly Financial Results and Board Changes Audroc Limited (formerly known as Alka India Limited) has announced its unaudited standalone financial results for the quarter ended June 30, 2026. The company also confirmed a change in the designation of one of its directors during a board meeting held on July 17, 2026.Financial Performance Review The company reported a net profit of Rs. 4.34 lakh for the three months ended June 30, 2026. This follows an audited profit of Rs. 81.99 lakh in the preceding quarter (ending March 31, 2026) and a loss of Rs. 41.69 lakh in the corresponding period of the previous year.The financial data for the current period is summarized below:Particulars3 months ended...

Binny Ltd to Convene Board Meeting on July 31, 2026 Binny Ltd has scheduled a meeting of its Board of Directors to take place on Friday, July 31, 2026. The meeting is set to deliberate on several key corporate matters, including the review of financial performance and the planning of the upcoming Annual General Meeting.The primary agenda items for the board include the consideration and approval of the audited financial statements for the quarter and the financial year ending March 31, 2026. These statements will be presented alongside the reports from both the Auditors and the Board.Additionally, the board will focus on the logistical and administrative preparations for the 57th Annual General Meeting of the shareholders. This...

Resourceful Automobile Ltd Approves Board Report and Schedules 9th Annual General Meeting Resourceful Automobile Limited has finalized its Board Report for the fiscal year ended March 31, 2026, during a board meeting held on July 17, 2026. The company confirmed several key administrative and operational milestones as part of its corporate governance framework.The Board approved the annual report and its accompanying annexures, providing a comprehensive overview of the company's performance and activities over the preceding financial year. In addition to reviewing past performance, the board addressed future shareholder engagement by finalizing the notice for the 9th Annual General Meeting. This included the determination of the...

Saakshi Medtech and Panels Limited Confirms Demat Status for Quarter Ended June 30, 2026 Saakshi Medtech and Panels Limited has confirmed that its entire shareholding remains in dematerialized form for the quarter ending June 30, 2026. The company confirmed this status through a certificate provided by its Registrar and Share Transfer Agent, Bigshare Services Private Limited.During the period ending June 30, 2026, the company reported that it did not receive any requests from members for the rematerialization or dematerialization of shares. This indicates that the organization's shareholding structure remains fully digitized within the depository system.The reporting period details are summarized below:Reporting PeriodStatus of...

ARSS Infrastructure Projects Limited Secures Rs. 52.65 Crore Work Order from East Coast Railway ARSS Infrastructure Projects Limited has secured a significant work order for the construction of a Road Over Bridge (ROB) and associated infrastructure projects on the Cuttack-Paradeep line. The contract, awarded by East Coast Railway, involves complex engineering works including a 1 x 60.0 m Camel Back Type Truss Girder and a 1 x 24 m composite girder for the railway portion in lieu of LC CP-55.The scope of the project includes the construction of an 8x 25.04 m RCC girder on the PPL Gate side and a 7 x 25.04 m RCC girder on the PPL Plant side for the approach portion at Railway Km 491/17-19 between Paradeep and Paradeep Port End stations...

Sapphire Foods India Ltd to Review Quarterly Financial Results on July 24 Sapphire Foods India Limited has scheduled a meeting of its Board of Directors on Friday, July 24, 2026. The primary agenda for this board meeting is the consideration and approval of the unaudited financial results for both standalone and consolidated positions for the quarter ending June 30, 2026.The company has maintained a trading window closure to manage the transition period surrounding the announcement of these financial figures. This closure commenced on June 25, 2026, and is scheduled to remain in effect until Monday, July 27, 2026, which covers the period up to 48 hours following the official declaration of the results.The upcoming financial review...

The Federal Bank to Raise Up to Rs 10,000 Crores Through Debt Instruments The Federal Bank has received board approval to raise funds amounting up to Rs 10,000 Crores through the issuance of various debt instruments. The bank intends to source these funds in Indian currency or other permitted foreign currencies via both domestic and overseas markets.The decision was finalized during the board's adjourned meeting held on July 17, 2026. This funding initiative will be executed on a private placement basis and will remain within the overall borrowing limits of the bank.Scope of Debt Instruments The bank is authorized to issue a diverse range of debt securities to facilitate this fundraise. The permitted instruments include, but are not...

West Bengal Medical Services Corporation Cancels L-1 Status of Prostarm Info Systems Limited West Bengal Medical Services Corporation (WBMSC) has cancelled the L-1 bidder status previously awarded to Prostarm Info Systems Limited for two distinct equipment supply contracts. The cancellation affects tenders related to the procurement of power backup systems for medical services in Kolkata.The company had previously been identified as the lowest bidder for the Supply, Installation, Testing, and Commissioning of both 10 KVA UPS units and 6 KVA Single Phase Input and Single Phase Output Online UPS systems. However, the contracts were not executed following the decision by WBMSC to cancel the awards.The details regarding the cancelled...

Disha Resources Limited to Convene Board Meeting to Review Q1 FY2026 Financial Results Disha Resources Limited has scheduled a meeting of its Board of Directors to be held on July 25, 2026, at 4:00 p.m. The primary agenda for the meeting includes the consideration and approval of the unaudited standalone financial results for the first quarter ended June 30, 2026, which will be presented alongside a limited review report.The board will also deliberate on other business matters with the consent of the Chair during the session.In conjunction with the upcoming announcement of the quarterly financial performance, the company has maintained a closed trading window for its securities. The trading window was closed starting July 1, 2026...

Vedant Fashions Limited Announces Reconstitution of Board Committees Vedant Fashions Limited has announced the reconstitution of several key Board committees effective July 17, 2026. The decisions were finalized during a meeting of the Board of Directors held on Friday, July 17, 2026.The reorganization involves the restructuring of the Audit Committee, Risk Management Committee, Stakeholders' Relationship Committee, and Corporate Social Responsibility Committee. The updated committee compositions are detailed below:Audit Committee CompositionSl. No.Name of the MemberDesignation1Tarun Puri Independent DirectorMember2Manish Mahendra Choksi Independent DirectorMember3Ravi Modi Chairman & Managing DirectorMemberRisk...

Bazel International Ltd Approves Continuation of Additional Director Appointments Bazel International Ltd has approved the continuation of the appointments of two members to its Board of Directors. The decisions were finalized during a Board meeting held on July 17, 2026.The board approved the continued tenure of Mr. Mayank Ahuja (DIN: 10388943) as an Additional Director (Non-Executive, Non-Independent Director). This appointment is subject to shareholder approval at the upcoming General Meeting or within a three-month period from the date of Board approval, beginning July 17, 2026.Additionally, the Board approved the continuation of Mr. Kawal Singh (DIN: 09223449) as an Additional Director (Non-Executive, Independent Director)...

V-MARC India Limited Announces Strategic Joint Venture for Nepal Market Expansion V-MARC India Limited has announced the establishment of a strategic Joint Venture with Annapurna Rathi Cable Industries Limited, a company incorporated under the laws of Nepal. The collaboration is designed to bolster the Company's international presence, enhance access to new markets and technologies, and create long-term business opportunities within the Power Transmission and Distribution Industry.The Joint Venture, established as the V-MARC-ANNAPURNA JV, will focus on securing business in all sectors within the Republic of Nepal. The primary scope of the agreement involves the manufacturing and supply of Medium Voltage Covered Conductors (MVCC) with...

Central Bank of India Appoints Rajesh Ranjan as Shareholder Director The Board of Directors of Central Bank of India has identified a single valid candidate deemed Fit and Proper for the position of Shareholder Director. Following a review conducted during a board meeting held on July 17, 2026, the bank determined that Shri Rajesh Ranjan is the sole eligible candidate from among the bank's shareholders, excluding the Central Government, in accordance with the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.Shri Rajesh Ranjan will assume office as a Shareholder Director for a three-year tenure starting August 1, 2026, and ending July 31, 2029. Due to this determination, the election of one Shareholder Director...

RBI Imposes Strict Restrictions on Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Following Supervisory Concerns The Reserve Bank of India (RBI) has issued a significant regulatory directive under Section 35 A, read with Section 56 of the Banking Regulation Act, 1949, concerning the Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Ltd. Nashik.This action follows recent material developments within the bank that raised serious supervisory concerns. The RBI has intervened to safeguard the interests of depositors while ensuring the stability of the cooperative banking framework.Critical Restrictions on Lending and Asset Management Effective from the close of business on July 17, 2026, the bank is prohibited from granting or...

Artson Ltd Secures Order from TKIL Industries Private Limited for Rs. 14.63 Crore Artson Ltd has received a Letter of Intent (LOI) for an award valued at Rs. 14,63,00,000 excluding taxes. The contract has been awarded by TKIL Industries Private Limited, based in Pune.The scope of the project involves the design, supply, fabrication, painting, and transportation of structures, specifically involving TT, Conveyor Gallery, and Trestles for JSW - Jaigarh Port Limited in Jaigarh. The order is structured on a unit rate basis per MT.The company is expected to execute the contract over a period of 6 months. This domestic order does not involve any related party transactions, nor do the promoters or group companies have any interest in the...