Markets

Jana Small Finance Bank Opens 826th Branch in Jaipur Jana Small Finance Bank Limited has expanded its physical presence in Rajasthan with the opening of its 826th branch located in Vaishali Nagar, Jaipur. The branch was officially inaugurated on July 16, 2026, by Shri Gautam Kumar Dak, the Minister of State for Cooperative and Civil Aviation, Government of Rajasthan.The ceremony saw the participation of senior bank leadership, including Mr. Shrinivas Murty, Head of Branch Banking and Chief Marketing Officer, and Mr. Neeraj Kumar, Zonal Head of Liabilities, alongside other senior officials from the institution.During the inauguration, Shri Gautam Kumar Dak highlighted the importance of a robust banking ecosystem for national economic...

Jana Small Finance Bank Reports Asset Classification and Provisioning Divergences Jana Small Finance Bank Limited has detailed the divergence in asset classification and provisioning for Non Performing Assets (NPAs) as assessed by the Reserve Bank of India (RBI) for the financial year 2024-25. The bank provided these details based on the Risk Assessment Report (RAR) issued by the central bank.The report highlights a discrepancy between the bank's internal reporting and the assessment made by the RBI regarding Gross NPAs, Net NPAs, and the corresponding provisions required for the period ending March 31, 2025.Asset Classification and Provisioning Data The following table outlines the divergence in reported figures versus those...

Affordable Robotic & Automation Limited Approves Preferential Issuance of Warrants to Promoter Affordable Robotic & Automation Limited has approved the preferential issuance of 1,093,750 Fully Convertible Warrants to its promoter, Mr. Milind Padole. The board of directors sanctioned the move during a meeting held on July 17, 2026.The issuance is structured as a conversion of an outstanding loan amounting to Rs. 21 crore advanced by Mr. Padole to the company. Upon allotment, the corresponding loan liability of Rs. 21 crore will be extinguished to the extent of the issue consideration.The warrants are priced at Rs. 192 each, which includes a premium of Rs. 182 per share. Under the terms of the agreement, each warrant is convertible...

NTPC Group Announces Commercial Operation of 11 MWac Floating Solar Plant NTPC Limited has announced that its subsidiary, THDC India Limited, has successfully commissioned and commenced commercial operations of an 11 MWac Floating Solar Plant. The facility is situated on the Raw Water Reservoir of the Khurja STPP and was declared operational effective July 17, 2026.The commencement of this project marks a significant addition to the renewable energy portfolio of the group. Following the commissioning of the floating solar plant, the total installed and commercial capacity of THDC India Limited has reached 3,918 MW.The integration of this facility enhances the operational capabilities of the Khurja STPP infrastructure while...

Siemens Limited Announces Business Responsibility and Sustainability Report for FY 2024-26 Siemens Limited has released its Business Responsibility and Sustainability Report (BRSR) covering the 18-month period from October 1, 2024, to March 31, 2026. The report highlights the company's progress in aligning with its DEGREE Sustainability Framework, which focuses on Decarbonization, Ethics, Governance, Resource Efficiency, Equity, and Employability.The disclosure includes a Reasonable Assurance Report on BRSR Core indicators provided by Price Waterhouse Chartered Accountants LLP. The reporting period reflects a transitional financial year as the company moved to a uniform financial year commencing on April 1st.Operational Overview and...

Jana Small Finance Bank Receives IBA Banking Technology Award for Identity and Access Management Jana Small Finance Bank Limited has been honored with the IBA Banking Technology Award for Identity and Access Management within the Small Bank category. The recognition was presented during the 5th IBA CISO Summit and Citations 2026, which took place in Mumbai on July 10, 2026.The award highlights the bank's ongoing efforts to fortify its identity and access management framework. According to the bank, the recognition reflects its commitment to enhancing information security while providing secure and seamless digital banking experiences for its customers.JSFB Stock Price Movement Jana Small Finance Bank Limited shares on Friday slipped...

Matrimony.com Limited Releases Business Responsibility Sustainability Report for FY 2025-26 Matrimony.com 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 scale, employee demographics, environmental footprint, and corporate governance practices within the matrimonial and wedding services ecosystem.Operational Overview and Market Presence Matrimony.com Limited operates as a significant player in the information and communication sector, specifically providing data processing, hosting, and web portal activities. The company’s revenue is primarily driven by matchmaking services, which...

Bombay High Court Quashes Arbitral Award Against Anand Rathi Share and Stock Brokers Limited The Hon'ble High Court of Judicature at Bombay has quashed and set aside an arbitral award involving Anand Rathi Share and Stock Brokers Limited in a significant legal development. The judgment, delivered on July 16, 2026, pertains to Commercial Arbitration Petition No. 215 of 2022, initiated under Section 34 of the Arbitration and Conciliation Act, 1996.The dispute originated from trading transactions in castor seed contracts conducted on the National Commodity & Derivatives Exchange Limited (NCDEX) platform during the September-October 2019 period. The original arbitral award, dated January 6, 2022, was issued by the Arbitral Tribunal of...

Belrise Industries Limited Closes Qualified Institutions Placement of Equity Shares Belrise Industries Limited has officially closed its Qualified Institutions Placement (QIP) of equity shares following a meeting of the QIP Committee held on July 17, 2026. The closure follows the receipt of application forms and funds in the escrow account from eligible qualified institutional buyers (QIBs).The company has finalized the allocation of 7,72,72,727 equity shares to the eligible QIBs. These shares were offered at an issue price of ₹ 220.00 per share. This price includes a premium of ₹ 215.00 per share and represents a discount of 4.68% to the floor price of ₹ 230.79, in accordance with prescribed regulations.Detail ItemDescription...

United Heat Transfer Limited Receives Show Cause Notice from Maharashtra GST Department United Heat Transfer Limited has received a Show Cause Notice (SCN) from the State Tax Officer, Department of Goods and Services Tax, Government of Maharashtra. The notice, dated July 13, 2026, was received by the company via email on July 17, 2026, at approximately 9:50 a.m.The notice proposes the blocking of Input Tax Credit (ITC) under Rule 86A of the CGST/MGST Rules, 2017. This action pertains to ITC related to the financial year 2024-25, which the GST Authority has deemed inadmissible.Details of Alleged Violations The authority issued the notice on the grounds that the company allegedly availed inadmissible Input Tax Credit totaling Rs...

Sirca Paints India Limited Announces Final Dividend for Financial Year Ended March 31, 2026 Sirca Paints India Limited has announced a final dividend for the financial year ended March 31, 2026. The Board of Directors has recommended a dividend of ₹ 2/- per equity share, representing a 20% yield on the par value of ₹ 10/- per share.The dividend is intended for members who are on the record as of July 31, 2026. This declaration is subject to approval by the members during the Annual General Meeting scheduled for August 11, 2026. The company has stated that the dividend will be distributed within 30 days from the date of the Annual General Meeting.The details regarding the dividend and the upcoming meeting are as follows...

EID Parry India Limited Releases Business Responsibility and Sustainability Report for FY 2025-26 E.I.D. Parry (India) Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The report is a core component of the Company's Annual Report for the fiscal year 2025-26 and outlines the entity's operational footprint, employee statistics, and environmental stewardship initiatives.Operational Overview and Business Activities The Company operates across a diverse portfolio of business segments, with sugar and distillery products forming the primary revenue drivers. The breakdown of turnover by activity is as follows:Description of Main ActivityDescription of Business...

Power Grid Corporation of India Limited Wins Bid for Synchronous Condenser Project Power Grid Corporation of India Limited has been declared the successful bidder under the Tariff Based Competitive Bidding process to establish an Inter-State Transmission System. The project involves the installation of 2 Synchronous Condensers (SynCon) units at the 765/400/220kV Fatehgarh-II PS.The project will be executed on a Build, Own, Operate and Transfer (BOOT) basis. This initiative includes the installation and commissioning of the two SynCon units alongside associated bays at the Fatehgarh-II PS location.Power Grid Corporation of India Limited received the Letter of Intent for this project on July 17, 2026.POWERGRID Stock Price Movement...

Authum Investment & Infrastructure Limited Secures NCLT Approval for Creatoz Builders Acquisition Authum Investment & Infrastructure Limited has received approval from the National Company Law Tribunal (NCLT), Mumbai Bench, for a Resolution Plan to acquire Creatoz Builders Private Limited. The acquisition pertains to the entity that was undergoing a Corporate Insolvency Resolution Process under the provisions of the Insolvency and Bankruptcy Code, 2016.The NCLT order was uploaded to the Insolvency and Bankruptcy Board of India (IBBI) website on July 16, 2026. This approval follows an earlier announcement made by the company on October 10, 2024.Creatoz Builders Private Limited is a private limited company incorporated under the...

Sirca Paints India Limited to Convene 21st Annual General Meeting on August 11, 2026 Sirca Paints India Limited has announced the details for its upcoming 21st Annual General Meeting (AGM). The Board of Directors of the company met on July 17, 2026, to deliberate and approve several key corporate matters, including the adoption of the annual report and the scheduling of the shareholder meeting.The Board reviewed and approved the Annual Report for the financial year ended March 31, 2026. Following this review, the company authorized its Company Secretary and Compliance Officer to organize the official proceedings for the upcoming AGM.The 21st Annual General Meeting is scheduled to take place on Tuesday, August 11, 2026, at 12:30 P.M...

Bajel Projects Limited Reports Turnover of Rs 2,79,157.52 Lakhs for FY 2025-26 Bajel Projects Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The report highlights a total turnover of Rs 2,79,157.52 lakhs, reflecting the company’s position as a significant player in the power infrastructure and Engineering, Procurement, and Construction (EPC) sectors.Operational Overview and Market Presence Bajel Projects Limited operates across four primary business verticals: Power Transmission, Power Distribution, Monopoles, and International EPC. The company provides turnkey EPC solutions for Extra High Voltage (EHV) transmission lines and substations, with a...

NDTV Extends Timeline for GoodTimes Channel Acquisition New Delhi Television Limited has provided an update regarding its proposed acquisition of the business undertaking involving the 'GoodTimes' Channel from Lifestyle & Media Broadcasting Limited.The transaction is currently undergoing discussions concerning specific transaction-related matters. Following these ongoing negotiations, the company now expects to complete the acquisition within a further period of approximately 3 months.The completion of this transaction remains subject to the receipt of necessary statutory and regulatory approvals, alongside the fulfillment of customary conditions precedent.NDTV Stock Price Movement New Delhi Television Limited shares on Friday...

Bharti Hexacom Limited Releases Business Responsibility and Sustainability Report for FY 2025-26 Bharti Hexacom Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report, which forms an integral part of the company's Annual Report for the same period, provides a comprehensive overview of the entity's environmental, social, and governance (ESG) performance, operational footprint, and workforce dynamics.The report highlights the company's activities in the information and communication sector, specifically focusing on wireless telecommunication activities which account for 95.93% of its turnover. The corporate reporting remains on a standalone basis for Bharti Hexacom...

Markolines Pavement Technologies Limited Receives Listing and Trading Approval on NSE and BSE Markolines Pavement Technologies Limited has received official listing and trading approval from both the National Stock Exchange of India Limited (NSE) and BSE Limited. The company is authorized to list and trade 1,62,800 Equity Shares with a face value of Rs. 10 each on the Main Board of both exchanges.The listing and trading of these shares will commence on Monday, July 20, 2026. The company stated that this development serves as a significant milestone intended to enhance its market presence, strengthen investor outreach, and support long-term value creation.Listing Details and Share Allotment The approved listing includes equity shares...

The Bombay Burmah Trading Corporation Limited Releases Business Responsibility and Sustainability Report for FY 2025-26 The Bombay Burmah Trading Corporation Limited (BBTCL) has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report provides a comprehensive overview of the corporation's environmental, social, and governance (ESG) initiatives, operational metrics, and sustainability commitments across its three primary manufacturing divisions: Plantation-Tea, Auto Electric Components Business (Electromags), and Health Care Division (Dental Products of India).Operational Overview and Workforce The Corporation operates across 19 locations, including 9 plants and 10 offices...