Markets

Sadhav Shipping Limited Secures Long-Term Pilot Launch Services Contract from Mumbai Port Authority Sadhav Shipping Limited, an integrated maritime services company, has secured a significant work order from the Mumbai Port Authority (MbPA) for the charter hiring of two Pilot Launches. The contract is valued at Rs 18.07 cr and establishes a long-term operational partnership to support maritime activities within one of India's major ports.The agreement is set for an initial duration of seven years, with an option for an additional three-year extension at the discretion of the Mumbai Port Authority. Under the terms of this contract, Sadhav Shipping will manage the deployment and operation of two Pilot Launches on a 24x7 basis. This...

The South Indian Bank Limited Announces 98th AGM and Key Leadership Appointments The South Indian Bank Limited has announced the details of its 98th Annual General Meeting (AGM) and several significant corporate actions following a Board meeting held on July 16, 2026. The proceedings included approvals for the annual general meeting, fund-raising initiatives, and key leadership appointments.AGM Schedule and Book Closure The Bank will conduct its 98th Annual General Meeting on Thursday, August 20, 2026. The meeting is scheduled to be held via Video Conferencing (VC) and other Audio Visual Means (OAVM).To facilitate the AGM, e-voting, and the declaration of dividends for the financial year ended March 31, 2026, the Register of Members...

Sadhav Shipping Limited Secures Charter Hiring Contract from Mumbai Port Authority Sadhav Shipping Limited has secured a significant work order from the Mumbai Port Authority (MbPA) for the charter hiring of two Pilot Launches. The contract involves a domestic market engagement and represents a substantial operational milestone for the company.The agreement was formalized with the work order signed by the Mumbai Port Authority on July 15, 2026, and subsequently countersigned by Sadhav Shipping Limited on July 16, 2026. The contract is structured for an initial duration of seven years. Additionally, the Mumbai Port Authority maintains the discretion to extend the contract for a further period of up to three years.The total value of...

RBI Announces 3-Day Variable Rate Repo Auction to Manage Liquidity Amid Evolving Market Conditions The Reserve Bank of India has officially announced that it will conduct a Variable Rate Repo (VRR) auction on Friday, July 17, 2026. The decision comes following a comprehensive review of current and evolving liquidity conditions within the financial system.This measure serves as a key tool for the central bank to regulate the flow of funds in the money market. By conducting this auction, the RBI aims to maintain stability while responding to shifting demands in the domestic economy.Scheduled Auction Details and Liquidity Impact The Reserve Bank has notified a total amount of ₹75,000 crore for the upcoming VRR auction. This specific...

Geetanjali Credit and Capital Ltd Announces Plans to Raise Rs. 90 Crore via Rights Issue Geetanjali Credit and Capital Limited has announced a significant proposal to raise funds through the issuance of equity shares, alongside plans to substantially increase its authorized share capital. The company confirmed these developments during its board meeting held on July 16, 2026.Expansion of Authorized Share Capital The Board has approved an increase in the company's authorized share capital from the existing Rs. 10,00,00,000 (Rupees Ten Crores) to Rs. 100,00,00,000 (Rupees One Hundred Crores).The current capital structure consists of 10,00,000 equity shares with a face value of Rs. 10 each. The proposed expanded structure will consist...

5paisa Capital Limited Reports Q1 FY27 Results; Appoints New Company Secretary 5paisa Capital Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company also confirmed the appointment of Mr. Mehul Somaiya as the Company Secretary and Compliance Officer, effective July 16, 2026.Financial Performance Overview For the quarter ended June 30, 2026, the company reported a consolidated profit for the period of ₹1,156.94 lakhs. The total revenue from operations stood at ₹8,832.92 lakhs, driven by interest income of ₹4,217.41 lakhs and fees and commission income of ₹4,615.51 lakhs.The company's total expenses for the quarter were ₹7,293.21 lakhs, which included employee benefits expenses of...

Winsome Yarns Limited Announces Record Date for Share Capital Reduction and Cancellation Winsome Yarns Limited has established July 31, 2026, as the Record Date to implement a significant reduction, cancellation, and extinguishment of the existing paid-up share capital held by former promoters and public shareholders. This corporate action follows an order issued by the National Company Law Tribunal (NCLT), Mumbai, Bench-VI, on April 16, 2026.The restructuring is being executed in accordance with a Resolution Plan submitted by the Successful Resolution Applicant, Mohini Health & Hygiene Limited, under the Insolvency and Bankruptcy Code, 2016. The plan was approved by the NCLT and subsequently received Board approval on July 16, 2026...

Ajmera Realty Reports 35% Year-on-Year Growth in Sales Value for Q1FY27 Ajmera Realty & Infra India Ltd (ARIIL) has announced its operational results for the first quarter of the fiscal year 2027 (Q1FY27). The real estate developer reported a significant surge in sales value, achieving a 35% year-on-year growth despite a reduction in total sales volume.For the quarter ended June 30, 2026, the company recorded a sales value of INR 146 crore. This growth was attributed to strong realizations across the company's portfolio. During the same period, collections stood at INR 173 crore. The company noted that overall performance was influenced by global geopolitical tensions, elevated input costs resulting from supply chain disruptions, and...

Vigor Plast India Limited Announces Unaudited Standalone Financial Results for Quarter Ended June 30, 2026 Vigor Plast India Limited has announced its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors approved the financial statements and the associated Limited Review Report during a meeting held on July 16, 2026.The company reported a steady performance for the period, reflecting operational activity across its primary business segments. The financial data highlights a net profit for the quarter and provides insights into the company's expenditure management and capital structure.Financial Performance Overview For the quarter ended June 30, 2026, Vigor Plast India Limited reported...

Tech Mahindra Extends Timeline for Acquisition of Midad Company Limited Stake Tech Mahindra Limited has announced an extension of the timeline for completing the acquisition of a 20% equity stake in its subsidiary, Tech Mahindra Arabia Limited. The transaction involves the purchase of shares from Midad Company Limited by Tech Mahindra London Limited (TMLL), which is a wholly owned subsidiary of the company.The deal was initiated following the exercise of a put option by Midad. While the initial proceedings were set in motion earlier this year, both TMLL and Midad have mutually agreed to extend the completion deadline to August 31, 2026. The decision comes as certain conditions precedents for the finalization of the transaction remain...

CEAT Limited Reports Q1 FY27 Consolidated Revenue of Rs. 4,318 Crore; Announces Rs. 1,205 Crore Capacity Expansion CEAT Limited, an RPG Group company, has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a significant year-on-year growth in revenue despite facing challenges related to raw material inflation driven by the West Asia crisis.Financial Performance Highlights On a consolidated basis, CEAT Limited recorded a revenue of Rs. 4,318 crore for the first quarter of the fiscal year, representing a 22% year-on-year increase. The company reported an EBITDA margin of 8.56% and a net profit of Rs. 4 crore for the period.On a standalone basis, the company's revenue stood at Rs. 4,163...

Quess Corp Ltd to Hold Board Meeting to Review June 2026 Quarterly Financial Results Quess Corp Limited has announced that its Board of Directors will convene on Wednesday, July 29, 2026, to deliberate on and approve the company's financial performance for the quarter ending June 30, 2026.The meeting is scheduled to review both the unaudited standalone and consolidated financial results for the period. This session will provide a comprehensive overview of the company's operational and financial standing during the second quarter of the fiscal year.Event DetailInformationCompany NameQuess Corp LimitedMeeting DateJuly 29, 2026Purpose of MeetingApproval of unaudited standalone and consolidated financial results for the...

Physicswallah Ltd to Acquire Additional Stake in Sarrthi IAS, Moving to Subsidiary Status Physicswallah Limited has announced that its Board of Directors has approved the acquisition of an additional 11% stake in Guiding Light Education Technologies Private Limited, popularly known as Sarrthi IAS. This transaction marks a significant milestone in the company’s strategy to expand its presence in the civil services and UPSC exam preparation segment.The acquisition pertains to Tranche II of a multi-stage agreement originally established in September 2025. Under the initial Transaction Documents, Physicswallah Limited agreed to acquire up to 85% of the fully diluted equity share capital of Sarrthi IAS across six tranches between the...

Arihant Academy Limited Clarifies Rumors Regarding Mahesh Tutorials Acquisition Arihant Academy Limited has issued a formal statement to clarify rumors circulating regarding an alleged takeover of Mahesh Tutorials (MT Educare Ltd.). The company stated that the reports concerning an acquisition, merger, or takeover are misleading and that no such agreements have been entered into.The company confirmed that it has not engaged in any transaction involving the acquisition of Mahesh Tutorials or the assumption of its business operations, assets, liabilities, or contractual obligations. Management clarified that the reports regarding a formal takeover are false and unauthorized.Humanitarian Coaching Support Arrangement While the company...

Lumax Auto Technologies Limited Announces Revised Date for 45th Annual General Meeting Lumax Auto Technologies Limited has announced a change in the scheduled date for its 45th Annual General Meeting (AGM) for the financial year ended March 31, 2026. The Board of Directors approved the revision due to unavoidable circumstances.The meeting will now be conducted through Video Conferencing and other Audio Visual Means (VC/OAVM). In line with this schedule change, the company has also updated the cut-off date for determining the shareholders eligible to attend and vote on the resolutions set out in the AGM Notice.The revised schedule for the 45th Annual General Meeting is detailed below:EventOriginal DateRevised DateAnnual...

Servotech Renewable Secures 900 kW Hybrid Solar Rooftop and BESS Project from Uttar Pradesh Government Servotech Renewable Power System Ltd. has secured a significant project to install a Hybrid Solar Rooftop System integrated with Battery Energy Storage Systems (BESS) for the UPSRLM, Department of Rural Development, Government of Uttar Pradesh. The initiative is designed to enhance energy access in rural communities by providing reliable and uninterrupted clean power while reducing reliance on conventional power sources.The project involves the deployment of hybrid solar systems across multiple locations throughout Uttar Pradesh. Servotech Renewable will be responsible for the complete scope of the project, which includes the design...

Clean Science and Technology Limited Subsidiary Enters Strategic Collaboration with Switzerland-Based Geneus Chem AG Clean Science and Technology Limited has announced that its wholly owned subsidiary, Clean-Fino Chem Limited, has entered into definitive agreements for a long-term strategic collaboration with Geneus Chem AG, a company incorporated under the laws of Switzerland.The agreement is designed to align with the Company's business strategy and is expected to bolster its specialty chemicals portfolio. Under the terms of the collaboration, Clean-Fino Chem Limited has agreed to manufacture advanced grades of HALS Products on an exclusive worldwide basis. While manufacturing operations will be conducted domestically, the finished...

Lumax Industries Limited Announces Revised Date for 45th Annual General Meeting Lumax Industries Limited has announced a change in the scheduled date for its 45th Annual General Meeting (AGM) for the financial year ended March 31, 2026. The Board of Directors approved the revised schedule due to unavoidable circumstances.The meeting will now take place on Wednesday, August 26, 2026, via Video Conferencing and other Audio Visual Means (VC/OAVM). This replaces the previously scheduled date of Monday, August 24, 2026.In conjunction with the rescheduled meeting, the company has updated the cut-off date for determining shareholders who are eligible to attend and vote on the resolutions presented in the AGM Notice. The revised cut-off...

NHPC Limited Appoints Dr. Bernadette Lyngdoh as Independent Director NHPC Limited has announced the appointment of Dr. Bernadette Lyngdoh to its Board of Directors as a Non-Official Independent Director. The appointment was communicated by the Ministry of Power via letter dated July 16, 2026.Dr. Lyngdoh will serve on the board for a period of three years starting from the date of her appointment notification, or until further orders are issued, whichever occurs earlier.The company intends to share a detailed profile and relevant background information regarding Dr. Lyngdoh in due course.NHPC Stock Price Movement NHPC Limited shares today slipped by 0.06% to settle at ₹78.91 in post-market trading. The stock traded with a volume of...

One Point One Solutions Limited Completes Acquisition of 100% Stake in ITCube Solutions Private Limited One Point One Solutions Limited has announced the successful completion of the acquisition of a 100% stake in ITCube Solutions Private Limited. The transaction, which was structured in two tranches as per the Share Purchase Agreement executed on February 22, 2024, concludes with the company now holding full control of the target entity.The acquisition is expected to significantly bolster the technological capabilities and service offerings of One Point One Solutions Limited. ITCube Solutions Private Limited brings a robust portfolio in global software consulting, development, and Business Process Management (BPM) services. The firm...