Markets

Mahendra Realtors & Infrastructure Limited Appoints Finportal Investments Private Limited for Investor Relations Services Mahendra Realtors & Infrastructure Limited has appointed Finportal Investments Private Limited as its dedicated Investor Relations (IR) agency. The appointment, which became effective on July 15, 2026, is designed to provide the company with professional IR advisory services.As part of this initiative, the company has established a specific communication channel for all investor-related queries, concerns, and requests. All future correspondence regarding stakeholders and investors will be directed to the designated email address: IR@indofarm.in.The operational details of the appointment are summarized below...

IT Stocks Break Out as Nifty IT Index Rebounds Amid Earnings Anticipation and Softer US Inflation Indian IT Sector Snaps Two-Day Losing Streak With Strong 1.8 Percent Gain The IT sector witnessed a significant turnaround during Thursday's trading session, successfully snapping a two-session losing streak. The Nifty IT index climbed as much as 1.8 percent, marking a sharp recovery after declining 1.7 percent over the previous two sessions.This rebound occurred despite weak broader market sentiment triggered by concerns over the crisis in West Asia. All 10 constituents of the Nifty IT index traded in the green, providing a stabilizing force for the equity markets.HCL Technologies and TCS Lead Market Rally HCL Technologies emerged as a...

Kirloskar Electric Company Ltd Approves Re-appointment of Executive Chairman and Preferential Issue of Equity Shares The Board of Directors of Kirloskar Electric Company Ltd has approved a series of corporate developments, including the reappointment of its Executive Chairman, a preferential issue of equity shares to a promoter group company, and the appointment of internal auditors. These decisions were finalized during a board meeting held on July 16, 2026.Leadership Re-appointment The Board has approved the reappointment of Mr. Vijay R Kirloskar as Whole-time Director (Executive Chairman) for a three-year term starting August 12, 2026. Mr. Kirloskar holds a Master's degree in Management Science and Engineering from Worcester...

Kay Power and Paper Ltd Incorporates Wholly Owned Subsidiary for Paper Manufacturing Operations Kay Power and Paper Ltd has announced the incorporation of a new wholly owned subsidiary, Kay Pulp and Paper Mills Private Limited. The company was officially incorporated on July 15, 2026.The new entity will operate within the manufacturing of packing paper and related products. Its core business activities include the production, processing, sale, import, export, distribution, and trading of various types of paper including pulp, waste paper, recycled paper, kraft paper, tissue paper, specialty paper, corrugated paper, and packaging paper. The subsidiary is also intended to handle stationery products, packaging materials, and other...

E2E Networks Scheduled to Review First Quarter Financial Results E2E Networks Limited has announced that its Board of Directors will convene on July 21, 2026, to review the financial performance of the company for the first quarter ending June 30, 2026. The meeting is set to oversee and approve the un-audited standalone and consolidated financial results, which include a limited review report.The upcoming board session serves as the primary platform for evaluating the operational and financial metrics achieved during the initial three months of the fiscal period. This process ensures that the company's performance is formally reviewed by the governing body prior to the release of results.Meeting Details and Reporting Period...

Telge Projects Ltd Announces Q1 FY27 Financial Results and Key Leadership Appointment Telge Projects Limited has announced its financial results for the quarter ended June 30, 2026. The company reported a net profit of 118.33 Lakhs on a standalone basis during this period. In addition to the financial updates, the company confirmed the appointment of Ms. Namrata Bang as the Company Secretary and Compliance Officer, effective July 16, 2026.The growth in revenue for the quarter was primarily driven by increased project execution, expansion of business operations, and a strengthening of delivery capabilities. The company operates in the structural engineering services segment.Standalone Financial Performance For the quarter ended June...

Shivalik Bimetal Controls Limited Secures Consent to Operate for Pune Facility Shivalik Bimetal Controls Limited has received official consent from the Maharashtra Pollution Control Board (MPCB) regarding its Phase-I facility in Pune. The authorization follows a previous announcement made by the company on May 18, 2026.The permissions granted include specific authorizations under various acts for environmental protection and waste management. These provisions ensure that the manufacturing operations at the Pune site align with statutory requirements for water and air pollution control.Regulatory BasisSpecific Act or RuleWater (Prevention and Control of Pollution) Act, 1974Section 26Air (Prevention and Control of Pollution)...

Bhageria Industries Ltd Schedules Board Meeting to Review Q1 Financial Results Bhageria Industries Limited has scheduled a meeting of its Board of Directors for July 22, 2026, to review and approve the unaudited financial results for the quarter ended June 30, 2026. The board will evaluate both standalone and consolidated financial statements during this session.The company has also confirmed that the trading window for dealing in its securities was closed as of July 1, 2026. This closure is scheduled to remain in effect until 48 hours after the official declaration of the financial results.ParameterDetailsCompany NameBhageria Industries LimitedScheduled Meeting DateJuly 22, 2026Reporting PeriodQuarter ended June 30, 2026...

Ashoka Buildcon Limited Incorporates Special Purpose Vehicle for Chhattisgarh Infrastructure Project Ashoka Buildcon Limited has announced the incorporation of a new entity, ASHOKA - RDB INFRASTRUCTURE & DEVELOPMENT PRIVATE LIMITED, as a Special Purpose Vehicle (SPV). The company was incorporated on July 15, 2026, in collaboration with RDB Real Estate Constructions Limited.The newly formed entity will operate within the real estate industry. Ashoka Buildcon Limited holds a majority stake of 51% in the SPV, representing 5,100 equity shares. The investment was made through cash consideration at a subscription price of Rs. 10 per share, totaling an aggregate value of Rs. 51,000.The primary objective of this Special Purpose Vehicle is...

ITI Limited Secures Rs 856.39 Crore Order from BSNL for 4G Network Expansion ITI Limited has secured a significant work order from Bharat Sanchar Nigam Limited (BSNL) to expand the 4G Mobile Network across West India. The project, valued at Rs 856.39 Crores, involves the planning, engineering, supply, installation, testing, and commissioning of the network on a turnkey basis for 7,613 sites in the West Zone.The expansion is part of India's Atmanirbhar telecom initiative, which focuses on utilizing indigenous 4G telecom equipment to achieve self-reliance within the domestic market.The company has established a strong track record with BSNL by successfully executing a prior turnkey project worth Rs 2,640 Crores for the provisioning of...

Shree Karthik Papers Limited Schedules Board Meeting to Review Quarterly Financial Results Shree Karthik Papers Limited has announced that its Board of Directors will convene a meeting on August 13, 2026. The primary purpose of this board meeting is to consider and take on record the un-audited financial results for the quarter ended June 30, 2026.The company has also specified the timeline for its trading window in connection with the upcoming announcement of these financial results. The trading window for shares of the company is closed from July 1, 2026, to August 16, 2026, inclusive. Trading activities are scheduled to resume on August 17, 2026.The key dates and details regarding the board meeting and trading window are...

Indus Towers Schedules Board Meeting to Approve Q1 Financial Results Indus Towers Limited has announced that its Board of Directors will convene on July 27, 2026, to deliberate on and approve the audited financial results for the first quarter ended June 30, 2026.The board meeting will focus on the review of both standalone and consolidated financial statements for the period. This scheduled approval is a key step in the company's reporting process following the conclusion of the first fiscal quarter.Additionally, the trading window for dealing in shares of Indus Towers Limited remains closed for all designated persons until July 29, 2026.INDUSTOWER Stock Price Movement Indus Towers Limited shares are climbing to ₹412.70 as of...

Shriram AMC Announces Refreshed Investment Strategy for Hybrid Funds Shriram Asset Management Company Limited (Shriram AMC) has introduced a Refreshed Fund Opportunity (RFO) for its hybrid fund suite, featuring a new investment strategy and framework designed to provide a more disciplined, research-driven approach. The initiative covers the Shriram Multi Asset Allocation Fund, the Shriram Aggressive Hybrid Fund, and the Shriram Balanced Advantage Fund.The refreshed framework is built on an asset allocation model that combines equity, debt, and exposure to precious metals such as gold and silver. This strategy allows for dynamic management across various market conditions with the objective of helping investors participate in long-term...

Ministry of Power Unveils Draft CAFE-III Norms to Shape India's Automotive Landscape The Ministry of Power has officially circulated the Draft Corporate Average Fuel Economy 2027 Norms, referred to as CAFE-III. This regulatory move marks a significant step toward standardizing fuel efficiency for passenger vehicles in India.The announcement comes as the government seeks to establish clear parameters for the M1 category vehicle segment. The new standards aim to provide a structured framework for manufacturers and importers operating within the country.Scope of CAFE-III Regulatory Framework The proposed norms are specifically designed for M1 category passenger vehicles. This includes all models manufactured or imported for sale in...

MBL Infrastructure to Review Quarterly Financial Results in Upcoming Board Meeting MBL Infrastructure Ltd has scheduled a meeting of its Board of Directors on July 23, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The board will review both standalone and consolidated financial performance during this session.The upcoming board meeting serves as the primary vehicle for the company to formalize its financial standing for the period ending in June.The following table outlines the key dates associated with the company's upcoming financial reporting:Event DescriptionRelevant DateQuarter End DateJune 30, 2026Board Meeting DateJuly 23, 2026Trading Window Closure StartApril...

Suryaamba Spinning Mills Limited Announces 19th Annual General Meeting and Record Dates Suryaamba Spinning Mills Limited has scheduled its 19th Annual General Meeting (AGM) to be held on Saturday, August 08, 2026. The proceedings will commence at 01:00 P.M. (IST) and will be conducted via Video Conferencing or Other Audio Visual Means (VC/OAVM).The company has established a period during which the Register of Members and Share Transfer Books will remain closed to facilitate the transaction of business as detailed in the meeting notice. This closure is necessary for the Annual General Meeting and the payment of dividends, which remains subject to shareholder approval.To determine eligibility for those entitled to vote electronically...

Breakout Update: Cost Inflation Index Surges to 384 for FY 2026-27 as CBDT Adjusts Capital Gains Rules The Income Tax Department has officially announced the updated Cost Inflation Index (CII) for the upcoming fiscal year. This move directly impacts how taxpayers will calculate long-term capital gains on high-value assets including immovable property, securities, and jewellery.The Central Board of Direct Taxes (CBDT) issued a notification confirming that the CII for FY 2026-27 is set at 384. This marks an increase from the index of 376 recorded during fiscal year 2025-26.Understanding the Impact on Long-Term Capital Gains The Cost Inflation Index serves as a vital mechanism under the Income-tax Act, 1961. It is used by taxpayers to...

Jana Small Finance Bank Awaits Crucial RBI Nod for TVS Group Investment Amid Regulatory Hurdles Jana Small Finance Bank is currently awaiting approval from the Reserve Bank of India (RBI) to facilitate a significant capital infusion from the TVS Group. Managing Director and Chief Executive Officer Ajay Kanwal confirmed that while the investment is planned, the specific timeline for the funds remains unclear at this stage.The lender has already secured capital from a non-TVS group investor as part of its broader capital raise efforts. However, the specific fees associated with the TVS Group involvement will only be realized once regulatory clearance is obtained.In May, the TVS Group reached an agreement to acquire up to a 9.99...

Panama Petrochem Limited Schedules 44th Annual General Meeting and Sets Record Date for Dividends Panama Petrochem Limited has announced that it will conduct its 44th Annual General Meeting (AGM) on Monday, August 24, 2026. The meeting is scheduled to commence at 11:30 A.M. IST and will be held through Video Conferencing (VC) and Other Audio Visual Means (OAVM).The company has established Monday, August 17, 2026, as the Record Date for determining member eligibility to receive dividends for the financial year ended March 31, 2026.EventDateDetailsAnnual General MeetingAugust 24, 202611:30 A.M. IST via VC/OAVMRecord DateAugust 17, 2026Determination of dividend entitlement for FY ended March 31, 2026PANAMAPET Stock Price...

D.B.Corp Limited Announces Interim Dividend and Quarterly Financial Results D.B.Corp Limited has approved its unaudited financial results for the quarter ended June 30, 2026, following a Board of Directors meeting held on July 16, 2026. The company also declared an interim dividend for the financial year 2026-27.The Board reviewed and approved the standalone and consolidated financial results for the period ending June 30, 2026. Along with these financial updates, the company announced an interim dividend of Rs. 5 per equity share (Face Value of Rs. 10 each), which represents 50 percent of the face value. The payment of this dividend is subject to tax deducted at source.Dividend Timeline and Record Date To determine shareholder...