Markets

Chemcrux Enterprises Ltd Incorporates Wholly Owned Subsidiary for CSR Initiatives Chemcrux Enterprises Limited has announced the successful incorporation of its wholly owned subsidiary, Chemcrux Foundation. The entity was established as a Section 8 company under the Companies Act, 2013, with the primary objective of fulfilling the corporate social responsibility (CSR) obligations of the company.The newly formed foundation is intended to promote commerce, art, science, sports, education, research, social welfare, healthcare, and charity. It also aims to support activities related to environmental protection and other objectives enumerated in Schedule VII of the Companies Act, 2013.Transaction Details and Structure Chemcrux...

Envair Electrodyne Ltd Withdraws Copper Clad Laminated Manufacturing Project Application Due to Cost Escalation Envair Electrodyne Ltd has decided to withdraw its application for the proposed Copper Clad Laminated (CCL) Manufacturing Project following a comprehensive review of the project's scope and financial requirements. The decision was finalized during a board meeting held on July 17, 2026.The company initiated this withdrawal after identifying a substantial revision in the estimated project costs during the evaluation and planning phase. The projected expenditure for the manufacturing facility has seen a significant increase, moving from Rs. 136.87 Crores to Rs. 219.67 Crores.In light of this escalation, the company determined...

Shilchar Technologies Ltd Announces 40th Annual General Meeting and Record Date Shilchar Technologies Ltd has announced that its 40th Annual General Meeting (AGM) is scheduled to take place on Tuesday, August 11, 2026, at 3:00 p.m. The meeting will be conducted through Video Conferencing (VC) and other audio visual means (OAVM).The Board of Directors has established July 31, 2026, as the cut-off date to determine the members eligible to vote on resolutions presented during the AGM.Additionally, the company has set July 31, 2026, as the record date for determining eligibility to receive dividends for the financial year 2025-2026. If a dividend is declared during the upcoming annual meeting, the payment will be processed within one...

Aditya Birla Capital Ltd Allots 290,715 Equity Shares Under Employee Stock Option Schemes Aditya Birla Capital Limited has approved the allotment of 290,715 equity shares on July 17, 2026. The issuance of these shares follows the exercise of stock options and performance units under two distinct employee benefit frameworks: the Aditya Birla Capital Limited Employee Stock Option Scheme 2017 (ABCL Scheme 2017) and the Aditya Birla Capital Limited Employee Stock Option and Performance Stock Unit Scheme 2022 (ABCL Scheme 2022).The newly allotted shares carry a face value of ₹10 each. These equity shares will rank pari passu with the existing equity shares of the company in all respects.The allocation is distributed as follows:ABCL...

Blue Dart Express to Review Quarterly Financial Results on July 31 Blue Dart Express Ltd has scheduled a Board of Directors meeting on July 31, 2026, to deliberate on and approve the company's financial performance for the quarter ending June 30, 2026.The meeting, scheduled to take place at 12:30 p.m. at the company's registered office, will focus on the un-audited financial results of the organization on both a standalone and consolidated basis. Additionally, the board will consider the Limited Review Report pertaining to the same period.As part of the company's internal protocols, the trading window for the period from June 1, 2026, to August 02, 2026, remains closed.BLUEDART Stock Price Movement Blue Dart Express Limited shares...

Birla Corporation Ltd to Convene Board Meeting to Review Quarterly Financial Results Birla Corporation Ltd has announced that its Board of Directors will meet on July 25, 2026. The primary agenda for the meeting includes the consideration and approval of the company's Standalone and Consolidated Unaudited Financial Results for the quarter concluded on June 30, 2026.The scheduled board meeting serves as a key milestone for the company to review its operational performance and financial standing during the period ending in June 2026. The results will provide a comprehensive view of the company's financial health across both standalone and consolidated bases.BIRLACORPN Stock Price Movement Birla Corporation Limited shares tumbled 1.75%...

MKP Mobility Ltd Attributes Recent Share Price Movement to Market Conditions MKP Mobility Ltd has addressed the recent significant fluctuations in its share price, stating that the movements are driven entirely by prevailing market conditions. The company clarified that the management has no direct control over these price changes and possesses no specific knowledge regarding the underlying reasons for the volatility.The company maintains that it remains committed to fulfilling all relevant disclosure obligations and will continue to provide necessary updates regarding its corporate activities as required.For clarity on the current status of the company's stock performance, the following details summarize the communication...

Allcargo Terminals Reports Volume Growth in June 2026 Allcargo Terminals has reported its operational performance for the month ended June 2026, highlighting a steady movement in container volumes. The company recorded a total volume of 55,600 TEUs during the period.The monthly figures indicate that the volume handled in June 2026 was 4% higher compared to the same month in 2025. However, this performance reflects a decrease of 10% when measured against the volumes recorded in May 2026.The operational data includes activities from Inland Container Depots (ICD), which are managed as a joint venture with CONCOR.Monthly Volume SummaryPeriodVolume (TEUs)Comparison MetricJune 202655,6004% higher than June 2025June...

Popular Vehicles and Services Ltd Reports Strong Growth in Q1FY27 with 91% Surge in New Vehicle Volume Sales Popular Vehicles and Services Ltd has released a business update for the quarter ended June 30, 2026, highlighting robust growth across its portfolio. The company reported a significant 91% year-on-year (YoY) increase in new vehicle volume sales for Q1FY27, outperforming its organic growth of 58%.The growth was driven by improving customer sentiment and the impact of GST reforms announced in September 2025, particularly within the entry-level vehicle segment. The company also observed encouraging pre-festive footfalls across all segments, indicating early momentum ahead of the festive season.Segment Performance and Revenue...

Gulshan Polyols Ltd Receives ₹5 Crores Incentive Under North East Industrial Development Scheme Gulshan Polyols Ltd has received an incentive amounting to ₹5 Crores from the Department of Promotion and Industry and Internal Trade (DPIIT), Government of India. The incentive is provided under the Central Capital Investment Incentive for Access to Credit (CCIIAC) category of the North East Industrial Development Scheme (NEIDS), 2017.The allocation pertains to the company's participation in the industrial development framework established by the government to support regional growth and investment.DetailInformationCompany NameGulshan Polyols LtdIncentive Amount₹5 CroresIssuing AuthorityDepartment of Promotion and Industry and...

RBI Announces Full Auction Results for Government Stocks Amid Mixed Bid Participation The Reserve Bank of India (RBI) has released the official auction results for Government Stocks, providing a detailed breakdown of bidding activity and allotments across three distinct tranches. The data reveals varying levels of investor appetite and yields for different maturities, specifically 6.03% GS 2029, 6.68% GS 2033, and 7.24% GS 2055.The results offer a critical snapshot of the current sovereign debt landscape, highlighting how market participants are positioning themselves relative to notified amounts and weighted average yields.Participation Dynamics Across Different Government Stock Tranches The auction saw substantial activity across...

TCPL Packaging Limited Reports Significant Growth in Sustainability Initiatives and Operations for FY 2025-26 TCPL Packaging Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, highlighting a period of significant operational expansion and a deepening commitment to environmental, social, and governance (ESG) standards. The report provides a comprehensive overview of the company's manufacturing footprint, employee welfare programs, and proactive measures taken toward decarbonization and water stewardship.Operational Overview and Market Presence TCPL Packaging Limited continues to maintain a strong domestic and international presence as one of India’s largest standalone...

Poona Dal & Oil Industries Ltd to Review Quarterly Financial Results in Upcoming Board Meeting Poona Dal & Oil Industries Limited has scheduled a meeting of its Board of Directors to review and approve the unaudited financial results for the quarter ended June 30, 2026. The meeting is set to take place on July 24, 2026, at the company's corporate office located in Hadapsar, Pune.The board will consider the performance metrics and financial standing of the company during this period. As part of the standard procedure regarding the announcement of these results, the trading window for dealing in the securities of the company will remain closed for specified persons until 48 hours after the conclusion of the meeting.Key details...

Netflix Shares Plunge 9% in After-Hours Trading as Weak Q3 Revenue Guidance Sinks Investor Sentiment Netflix Inc. shares experienced a sharp selloff in after-hours trading on Thursday following the streaming giant's announcement of third-quarter revenue guidance that fell short of Wall Street expectations. The stock, which closed the regular session at $74.35, tumbled to approximately $67.78 during extended trading.The 9% decline underscores a challenging period for the company as it grapples with cooling growth projections. While the second-quarter results were largely in line with bottom-line expectations, the discrepancy between internal forecasts and analyst targets triggered immediate investor concern.Mixed Second Quarter...

Zepto IPO Sees Massive Interest from Norges and Motilal Oswal as Valuation Adjusts to $5.1 Billion Quick commerce pioneer Zepto is preparing for its highly anticipated initial public offering (IPO) with significant backing from institutional heavyweights. Sources familiar with the development report that the Norwegian sovereign wealth fund, Norges, and Motilal Oswal have submitted bids to participate in the fundraising round.The two major investors are expected to be pivotal players in the debut, with sources indicating they could potentially cover between 40 percent and 45 percent of Zepto’s anchor book. While the IPO process remains active, several other top mutual funds have reportedly expressed interest in participating in the...

JSW Steel Net Profit Doubles to ₹4,696 Crore as Revenue Growth Fuels Massive Q1 Breakout JSW Steel has reported a significant financial turnaround for the quarter ended June 30, with its consolidated net profit more than doubling compared to the previous year. The steel major clocked a net profit of Rs 4,696 crore in the first quarter of FY27, showcasing a robust operational recovery.The company's performance marks a sharp contrast to the first quarter of the preceding 2025-26 financial year, where it recorded a net profit of Rs 2,209 crore. This surge highlights a substantial improvement in the bottom line for one of India's leading six steel making players.Revenue Expansion and Expenditure Dynamics The jump in profitability was...

Kalyani Steels Resumes Manufacturing Operations Following Regulatory Clearance Kalyani Steels has resumed manufacturing operations at its industrial plant located in Karnataka following the conditional revocation of closure orders issued by the Central Pollution Control Board (CPCB).The resumption of activities comes after the company addressed specific compliance requirements initiated by the regulatory body. The CPCB issued a letter on July 16, 2026, stating that the previous directions to shut down operations were conditionally revoked, permitting the company to restart production.The manufacturing facility is situated at Hospet Road, Village Ginigera, Talula, and District Koppal, Karnataka. Management confirmed that the plant...

Kore Digital Limited Secures Order from Indian Oil Corporation Limited Kore Digital Limited has secured a new business order from Indian Oil Corporation Limited. The contract, which was awarded on July 16, 2026, involves the supply of specialized services and components utilizing advanced manufacturing technologies.The scope of work for this domestic contract includes 3D Modelling, Development of Drawings, Fabrication, and the Supply of Spares. Notably, these services will utilize full density metal 3D Printing Technology.The project is scheduled to be executed over a period of 4 months. The broad consideration for the order is valued at Rs.82 Lakhs.The details of the contract are outlined in the table below:ParticularsDetails...

Manav Infra Projects Limited Secures Work Order for Micro Piling Project in Mumbai Manav Infra Projects Limited has secured a work order to undertake micro piling activities at St. Elizabeth's Hospital, located on Jamanadas Mehta Road, Teen Batti, Malabar Hill, Mumbai. The project has been awarded by JSW Foundation.The scope of the contract involves carrying out specific micro piling works at the hospital site. The total value of the project is approximately Rs. 48,76,395 (Rupees Forty Eight Lakhs Seventy Six Thousand Three Hundred and Ninety-Five Only). This project amount is inclusive of GST at 18%.The details of the newly secured work order are outlined in the table below:Project DescriptionClientLocationOrder Value...

Parsvnath Developers Limited Announces Resignation of Three Independent Directors Parsvnath Developers Limited has announced the resignation of three Independent Directors, effective July 14, 2026. The resignations were submitted due to personal commitments, health concerns, and personal circumstances.The company is currently undergoing a Corporate Insolvency Resolution Process (CIRP) as per an order dated April 30, 2026, from the Hon'ble National Company Law Tribunal, New Delhi Bench. Mr. Manoj Kumar Anand serves as the Interim Resolution Professional managing the affairs of the Corporate Debtor as a going concern.Details of Resignations The following directors have stepped down from their positions:Director NameDINReason for...