Markets

Indrayani Biotech Ltd Receives Order for Revocation of GST Registration Cancellation Indrayani Biotech Limited has received an official order from the Goods and Services Tax (GST) Department regarding the revocation of its canceled registration. The order, issued on July 15, 2026, pertains to the company's registration located at Module No: 33, 3rd Floor, Block-1, SIDCO Electronics Complex, Thiru-Vi-Ka Industrial Estate, Guindy, Chennai.The cancellation of the registration was originally ordered on June 9, 2026, with an effective date of April 28, 2026. The department initiated the cancellation due to the non-filing of returns. The recent order (No. ZA3307261179947) confirms that this cancellation has been revoked. The restoration is...

Bharat Heavy Electricals Limited Reports Financial Results for Quarter Ended June 30, 2026 Bharat Heavy Electricals Limited (BHEL) has announced its financial results for the quarter ended June 30, 2026. The company's performance reflects a shift in profitability compared to the same period during the previous fiscal year.Standalone Financial Performance For the three-month period ending June 30, 2026, Bharat Heavy Electricals Limited reported revenue from operations of Rs. 7,697.72 Cr. The company achieved a total income of Rs. 7,928.52 Cr, which includes other income amounting to Rs. 230.80 Cr.The total expenses for the period were recorded at Rs. 7,415.62 Cr. Based on these figures, the company reported a profit before tax of Rs...

ITC Hotels Limited Acquires 130-Key Hotel in Ahmedabad for Rs. 155 Crores ITC Hotels Limited has announced the signing of a definitive agreement for the strategic acquisition of a 100% stake in GHK Hospitality and Infrastructures Ltd (GHK). The transaction involves Welcomhotel Ahmedabad, an Upper Upscale business hotel situated within a prominent commercial hub in Ahmedabad.The acquisition is structured at an Enterprise Value of Rs. 155 crores on a debt-free and cash-free basis, subject to customary adjustments under the definitive agreement. The company expects to complete the transaction within the current quarter. This move is anticipated to be EPS accretive for the company during the first full year of operations following the...

HCLTech Announces Seven-Year Strategic Partnership with Guardian and Acquisition of Guardian India HCL Technologies has announced a new seven-year agreement with The Guardian Life Insurance Company of America (Guardian) to drive AI-powered modernization across technology and operations. The collaboration is designed to support long-term business growth for Guardian by enhancing efficiency and value through differentiated experiences and reduced friction.Through this expanded partnership, HCLTech will focus on creating AI-led solutions and intellectual property for the insurance industry. The scope of work includes accelerating technology and talent transformation across data, applications, and engineering. Additionally, HCLTech will...

Manappuram Finance Limited Appoints Interim Chief Risk Officer Following Tenure Completion Manappuram Finance Limited has announced that the tenure of Mr. Madhu Mohan A.M. as the Chief Risk Officer (CRO) will conclude on July 17, 2026.To manage a transitional period until a regular Chief Risk Officer is appointed and assumes charge, the Company has assigned additional responsibilities to Mr. Jinu Chandrasekhar. Currently serving as Vice President and Deputy Chief Risk Officer, Mr. Chandrasekhar will take over as Interim Chief Risk Officer effective July 18, 2026.The Company clarified that Mr. Jinu Chandrasekhar will continue to be classified as Non-Senior Management Personnel during this interim period.The leadership transition...

Billionbrains Garage Ventures Limited to Strengthen Internal Processes Following Reporting Delay Billionbrains Garage Ventures Limited has addressed a delay in reporting related party transactions. The company’s Board of Directors reviewed the matter during a meeting held on July 15, 2026.The Board acknowledged the administrative delay and advised that the company should strengthen internal processes to ensure timely reporting in the future. This measure is intended to improve operational oversight and ensures that transaction records are handled efficiently moving forward.GROWW Stock Price Movement Billionbrains Garage Ventures Limited shares tumbled 5.15% today to settle at ₹205.64. The stock saw significant activity with a...

Meesho Ltd Schedules Board Meeting to Review Quarterly Financial Results Meesho Limited has scheduled a meeting of its Board of Directors for July 23, 2026. The primary objective of this session is to consider and approve the company's unaudited financial results for the quarter ending June 30, 2026.The review will encompass both standalone and consolidated financial statements. This scheduled board meeting serves as a key milestone for reporting the company's performance during the specified quarterly period.Key Event DetailsInformationBoard Meeting DateJuly 23, 2026Reporting PeriodQuarter ended June 30, 2026Scope of ReviewStandalone and Consolidated ResultsIn connection with the upcoming financial updates, the...

ITC Hotels Limited to Acquire 100 Percent Stake in GHK Hospitality & Infrastructures Limited for ₹ 155 Crores ITC Hotels Limited has entered into a Share Purchase and Share Subscription Agreement to acquire 100 percent of the share capital of GHK Hospitality & Infrastructures Limited. The transaction received Board approval on July 16, 2026, and is intended to expand the company's owned asset portfolio in Ahmedabad across all market segments.The acquisition is valued at an enterprise value of ₹ 155 crores on a cash-free, debt-free basis. This investment will be executed through a combination of primary subscription and secondary purchase of equity shares for cash consideration. ITC Hotels Limited expects to complete the transaction...

Polycab India Reports Consolidated Net Profit of ₹7,966.54 Million for Quarter Ended June 30, 2026 Polycab India Limited has announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors reviewed and approved the results following a meeting held on July 16, 2026.The company reported steady performance across its business segments, with total consolidated income reaching ₹83,146.47 million during the period. This was driven by operations in Wires and Cables, FMEG, and EPC.Consolidated Financial Performance For the quarter ended June 30, 2026, the company recorded a profit for the period of ₹7,966.54 million on a consolidated basis. The total comprehensive income for...

Virgo Global Limited Announces Resignation of Independent Directors Virgo Global Limited has announced that Ms. Payal Jain and Mr. Prabhaker Reddy Aedla will resign from their positions as Independent Directors, effective at the close of business on July 16, 2026.The resignation comes following a period of service by both directors on the company board. Ms. Payal Jain stated that she is unable to continue in her role due to pre-occupation and other personal commitments. Similarly, Mr. Prabhaker Reddy Aedla cited pre-occupation as the reason for his departure from the board.Both individuals confirmed that there are no other material reasons for their resignations beyond those specified in their respective resignation letters. The...

Panacea Biotec Files Appeal Against Industrial Tribunal Award as High Court Issues Interim Order Panacea Biotec Limited has filed an appeal before the Hon'ble High Court of Punjab and Haryana, Chandigarh, regarding a fourth award issued by the Presiding Officer (in the rank of Additional District Judge) of the Industrial Tribunal, S.A.S Nagar, Moholi. The action was taken on July 16, 2026, to challenge the remaining award among four received from the tribunal authority.The High Court has heard the initial three appeals and issued an interim order stating that no coercive steps be taken against Panacea Biotec Limited at this stage. This development follows previous legal actions initiated by the company to contest the orders passed by...

Uniphos Enterprises Ltd Releases Business Responsibility and Sustainability Report for FY 2025-26 Uniphos Enterprises Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year ending March 31, 2026. The report provides a comprehensive overview of the company's operational structure, business activities, and its commitment to responsible corporate governance.Business Overview and OperationsThe company primarily operates in the trading of chemicals and agro commodities. Its business activities are divided between trading and generating income from investments in equity shares, mutual funds, and interest on bank fixed deposits. The reporting highlights that Uniphos Enterprises Limited does...

Andhra Cements Ltd Schedules Board Meeting to Review Q1 Financial Results Andhra Cements Ltd will hold a meeting of its Board of Directors on July 27, 2026, to review the un-audited financial results for the quarter ended June 30, 2026.The session is scheduled to take place at the company's registered office located at Plot No.111, Road No.10, Jubilee Hills, Hyderabad. The board will consider and record the performance metrics for the first quarter of the fiscal year.In relation to internal trading activity, the company confirmed that the trading window remains closed. This closure is expected to continue until 48 hours after the official announcement of the financial results for the period.Meeting DetailsInformationDateJuly...

Unjha Formulations Limited Schedules Board Meeting to Review Quarter Ended June 30, 2026 Unjha Formulations Limited has scheduled a meeting of its Board of Directors for August 03, 2026, to consider and take on record the financial results for the quarter ended on June 30, 2026. The meeting is set to occur at 14:15 p.m. at the company's registered office located at Khali Char Rasta, State Highway, Sidhpur 384151.The primary objective of this board meeting is to review the unaudited financial results pertaining to the Financial Year 2026-27. The proceedings will focus on the performance metrics for the three month period ending in June 2026.Meeting DetailInformationCompany NameUnjha Formulations LimitedScheduled DateAugust...

ITC Hotels Reports Profit for Quarter Ended June 30, 2026 ITC Hotels Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported steady growth in revenue from operations compared to the corresponding period during the previous fiscal year.Standalone Financial Performance For the three months ended June 30, 2026, ITC Hotels reported a revenue from operations of 808.39 Crores. This represents an increase from the 743.59 Crores recorded in the same quarter of the previous year. The total income for the period stood at 859.16 Crores.The company achieved a net profit of 177.01 Crores during this period, compared to a profit of 149.73 Crores in the June 2025 quarter. The earnings per...

NHAI to Revolutionize Infrastructure Management as InvIT-led Assets Get Professional O&M Overhaul The National Highways Authority of India (NHAI) has announced a major strategic shift to institutionalize professional, technology-driven Operations and Maintenance (O&M) for its national highway assets. This move is being spearheaded by the National Highways Infra Trust (NHIT), an InvIT sponsored by NHAI, to ensure global standards in infrastructure management.To achieve this, NHIT has engaged General Management Consultants (GMCs) to oversee the effective O&M of highways under its portfolio. The initial phase of this initiative will cover a significant 908 km stretch of National Highway assets.Institutionalizing Technology-Driven Asset...

Tara Chand Infralogistic Solutions Limited Approves Statutory Auditors and Key Management Appointments Tara Chand Infralogistic Solutions Limited has approved the appointment of statutory auditors and the re-appointment of key leadership positions during its Annual General Meeting held on July 16, 2026. The meeting was conducted via video conference to deliberate on several significant business agenda items.Appointment of Statutory Auditors The company shareholders approved the appointment of M/s. Jain Jagawat Kamdar & Co. as the Statutory Auditors for a consecutive term of five years. This appointment is effective from Financial Year 2026-27 through Financial Year 2030-31.M/s. Jain Jagawat Kamdar & Co., formerly known as Jagawat &...

Vineet Laboratories Ltd Deffers Board Meeting for FY 2026 Financial Results Approval Vineet Laboratories Limited has announced the deferment of its Board of Directors meeting, which was originally scheduled to take place on July 15, 2026. The company stated that the postponement is due to unavoidable circumstances.The primary agenda for the scheduled meeting was the consideration and approval of the audited financial results for the fiscal year ending March 31, 2026.Meeting DetailInformationOriginal Scheduled DateJuly 15, 2026Purpose of MeetingApproval of Audited Financial ResultsFiscal Year EndedMarch 31, 2026Current StatusDeferredThe company will issue a new notice specifying the revised date, time, and venue for...

AWL Agri Business Ltd Announces Resignation of Senior Management Personnel AWL Agri Business Ltd has announced that Mr. Suchandan Chowdhury will be stepping down from his role as Associate Vice President (Sales & Marketing - Foods & FMCG). Mr. Chowdhury, who served as a member of the company's Senior Management Personnel, submitted his resignation to pursue career opportunities outside of the organization.The leadership confirmed that his tenure with the company will conclude at the close of business hours on July 15, 2026. The official communication regarding his departure was issued on June 23, 2026.During his time with AWL Agri Business Ltd, Mr. Chowdhury held a key position within the Sales & Marketing division focusing on Foods...

Crestchem Ltd Announces Book Closure Dates and Schedule for 34th Annual General Meeting Crestchem Ltd has announced the schedule for its upcoming 34th Annual General Meeting (AGM) and the corresponding book closure period. The Board of Directors approved these dates during a meeting held on July 04, 2026.The company will observe a book closure period from July 30, 2026, to August 06, 2026. The record date for the AGM and related shareholder entitlements is set for July 30, 2026. This timeline includes specific cut off dates for the release of the Annual Report and notice of the meeting to ensure proper administrative coordination.The scheduled activities and key dates are detailed in the table below:ActivityDate / Period1st...