Markets

Prithvi Exchange Expands Retail Footprint With New Branches in Thane and Ghatkopar Prithvi Exchange (India) Ltd has announced a significant expansion of its retail presence, inaugurating two new branches in Mumbai. This move strengthens the company's network, increasing its total national branch count to 38 locations.The addition of the Thane and Ghatkopar branches reflects Prithvi Exchange’s commitment to enhancing customer accessibility across key markets. These expansions are designed to provide clients with seamless forex services within a contemporary and technology-enabled environment. The strategic growth is aimed at bolstering the company's national presence and reinforcing its position in the foreign exchange services...

ACME Solar Commissioned BESS Project in Rajasthan, Reaching 285 MW Capacity ACME Solar Holdings Ltd., through its subsidiary ACME Suryodaya Private Limited, has successfully commissioned a Battery Energy Storage System (BESS) project in Rajasthan. The commissioning event took place on July 15, 2026.The BESS project, located at Village Sanwara and Mehar Nagar in Tehsil Pokhran, District Jaisalmer, has a capacity of 110.336 MWh. The Commercial Operation Date (COD) for this specific system is set for July 17, 2026.The successful commissioning marks a significant milestone for ACME Suryodaya Private Limited. With the addition of this project, the subsidiary has achieved a total commissioned capacity of 285 MW / 952.960 MWh.Key...

INDO SMC Holds Analyst Investor Meet Highlighting Participation of Envision Capital IDO SMC Ltd held an analyst and institutional investor meeting on July 15, 2026. The company officials participated in the virtual session which ran from 12:00 P.M. to 12:45 P.M. via Zoom.The purpose of the event was to convene with analysts and institutions regarding the company’s operations.A summary of the attendees during the meeting is provided below:Sr. No.TimeCompany/ Institution/ Analysts/ OrganizationMode1.12.00 P.M. to 12:45 P.M.Envision CapitalZoomThe meeting was conducted as a one-on-one interaction with investors and analysts.Stock Price Movement INDO SMC Ltd settled in post-market trading on Wednesday after dipping 5.00%...

Ather Energy Approves Equity Issue Launch Sets Floor Price at ₹ 1,169.70 Per Share Ather Energy Ltd has authorized the commencement of its equity issue, having approved the preliminary placement document and setting a floor price of ₹ 1,169.70 per Equity Share. The decision was ratified by the Board during a meeting held on July 15, 2026.The Board's approval paves the way for inviting bids for the subscription of Equity Shares. Key decisions made during the meeting included adopting the preliminary placement document and corresponding application form dated July 15, 2026, enabling the company to invite qualified institutional buyers (QIBs) for the issue. The launch of the Issue was also authorized on the same day.The Board...

Gaudium IVF and Women Health Ltd Commences Operations of New Centre in South Delhi Gaudium IVF and Women Health Ltd has announced that it will commence operations at its new facility in South Extension, New Delhi. The company intends to use the newly established center to expand its offerings in fertility and reproductive healthcare services.The new centre is designed to provide comprehensive care, supported by advanced embryology laboratories, modern medical infrastructure, and a dedicated team of experienced fertility specialists.Key details regarding the commencement of operations for the Gaudium IVF - South Extension Centre are provided below:ParticularsDetailsName of the New Centre/HubGaudium IVF - South Extension Centre...

ArisInfra Solutions Secures ₹79.05 Crore Work Order from J. Kumar - NCC (GMLR) JV ArisInfra Solutions Ltd has secured a significant work order valued at ₹ 79.05 crores. The contract involves the loading, transportation, and disposal of excavated material from a tunnel at the approved dumping yard land assigned by J. Kumar - NCC (GMLR) JV for the GMLR Project.The work order was awarded by the domestic entity, J. KUMAR - NCC (GMLR) JV. This project pertains to the Goregaon-Mulund Link Road (GMLR) twin tunnel in Mumbai, where the joint venture serves as a lead contractor.Details of the contract confirm that the work order is effective from its date of issue and remains valid until the completion of the excavated material disposal...

Spice Lounge Food Works Launches Ondesi.ca, A Premier Online Marketplace for Desi Canadians Spice Lounge Food Works Ltd., through its technology subsidiary TEKSOFT SYSTEMS, Inc., has successfully launched Ondesi.ca. The dedicated online platform serves as a classifieds and community marketplace specifically designed for the South Asian community in Ontario, Canada.Ondesi.ca is positioned as one of the largest online platforms targeting the South Asian diaspora across Ontario. It brings together Canadians of Indian, Pakistani, Bangladeshi, and Sri Lankan heritage onto a single digital marketplace, aiming to streamline essential daily activities and bolster community connections.The platform was developed with the core focus on user...

Knack Packaging Ltd Approves Sub-Lease of Land and Plant Lease to Boost Manufacturing CapacityKnack Packaging Ltd., a manufacturer and exporter of PE/PP Woven Fabrics and Printed and Laminated Woven PP Bags, has approved a transaction aimed at significantly enhancing its manufacturing capacity. The Board of Directors sanctioned the sub-lease of factory land and building, along with the lease of plant and machineries, from Dayana Polyplast Limited.The company's decision to secure these assets was designed to meet increasing customer demand, optimize production timelines, and strengthen market presence without incurring substantial capital expenditure for acquisition.Following the Board meeting held on July 15, 2026, the management...

UPL Ltd. Releases Business Responsibility and Sustainability Report for FY 2025-26; Highlights Commitment to Circular Economy UPL Limited has released its comprehensive Business Responsibility and Sustainability Report (BRSR) for the financial year spanning April 1, 2025, to March 31, 2026. The report details the company's performance across environmental stewardship, social responsibility, governance structure, and commitment to ethical business practices, with independent reasonable assurance provided by TÜV SÜD South Asia Pvt. Ltd. on the BRSR Core indicators.Corporate Profile and Business Operations The company, incorporated in 1985, has a paid-up capital of R 169 Crores. Its business activities are diversified between...

Promoter Vikas Garg Taken Into Custody by Directorate of Enforcement; Vikas Lifecare Reports No Material Impact on Business Operations Vikas Lifecare Ltd has announced that one of its Promoters, Mr. Vikas Garg, was taken into custody by the Directorate of Enforcement. The company confirmed that this event holds no material impact on its ongoing business operations, which continue in the ordinary course.The development relates to proceedings initiated by the Directorate of Enforcement under the Prevention of Money Laundering Act, 2002. These investigations involve the examination of transactions linked to various listed companies and foreign entities or SEBI-registered Foreign Portfolio Investors (FPIs).Vikas Lifecare Ltd stated that...

Continental Controls Ltd Board Approves Rights Issue, Closes Software Deal with Onelife Capital Advisors Limited Continental Controls Ltd held a Board of Directors meeting on July 15, 2026, during which it approved several significant strategic initiatives, including the potential issuance of equity shares and securing commercial rights to specialized software applications. The board also reviewed the company's recent financial performance and made key appointments regarding corporate governance.The management disclosed that the Board had considered and approved measures related to capital structure, operational agreements, and internal oversight for the coming fiscal year.Capital Raising and Financial Reporting The company has...

NCLT Allows Scheme of Arrangement Between Eyantra Ventures and Prismberry Technologies The National Company Law Tribunal (NCLT) has passed a First Motion Order, allowing the Scheme of Arrangement involving Prismberry Technologies Private Limited and Eyantra Ventures Limited. The decision was issued on July 15, 2026, concerning the proposed amalgamation between the two entities under Section 230 to 232 of the Companies Act, 2013.The Tribunal's order stipulated that the requirement for convening meetings of the Equity shareholders and creditors (both secured and unsecured) of both the Transferor Company (Prismberry Technologies Private Limited) and the Transferee Company (Eyantra Ventures Limited) could be dispensed with.Details of...

Continental Controls Ltd Approves Rights Issue and Reviews Quarterly Financials; Appoints New Directors and CS Continental Controls Limited announced several significant strategic approvals following its Board of Directors meeting held on July 15, 2026. The resolutions covered fundraising through a rights issue, operational acquisitions, the appointment of new key management personnel, and the acknowledgment of various resignations.The Board approved raising funds by issuing equity shares via a rights issue to eligible shareholders. The proposed issue involves fully paid-up Equity Shares with a face value of ₹10 each. The total amount for this issuance has been set not exceeding Rs 50 Crores. A dedicated Rights Issue Committee was...

One 97 Communications to hold Board Meeting and Earnings Call as it Considers Bonus Issue and Q2 Results One 97 Communications Ltd has scheduled a meeting of its Board of Directors and an earnings conference call following the announcement of key operational updates, including a proposal for issuing bonus shares and the review of its financial results for the quarter ended June 30, 2026.The Board meeting is set to take place on Monday, July 20, 2026. The agenda items include considering and approving the Unaudited standalone and consolidated financial results of the Company. A significant item to be discussed at the meeting is a proposal for the Issuance of Bonus Shares to Shareholders, subject to necessary approvals.Furthering...

Reliable Ventures India Ltd Appoints New Directors and Notes Multiple Resignations on Board Reliable Ventures India Ltd has announced significant changes in its board structure following a meeting held on July 15, 2026. The company appointed several new directors, including Mr. Sivanag Vasireddy as Managing Director, while simultaneously noting the resignations of four existing board members.The Board reviewed and approved the appointment of new professionals across various director categories, all based on recommendations from the Nomination and Remuneration Committee. These appointments were effective as of July 15, 2026.New Appointments to the Board Mr. Sivanag Vasireddy was appointed by the company as an Additional Director and...

AI Rally Crumbles: Kospi Plummets Over 7% as Chip Giants Face Valuation Fears Amid Geopolitical Turmoil The momentum of the global artificial intelligence rally has met a sharp correction. Semiconductor stocks tumbled across Asian markets, dragging regional equities lower as investors expressed skepticism regarding the sustainability of lofty valuations in the high-stakes chip sector. South Korea’s Kospi index suffered a significant decline, driven heavily by losses in SK Hynix and Samsung Electronics Co., ahead of a holiday period.Why Korean Chip Stocks Are Tanking The selloff is fueled by multiple layers of concern regarding the semiconductor market's frothiness. Investors are closely scrutinizing whether fundamental earnings can...

Majestic Auto Ltd Executes Consent Agreement with ARC for Sharan Hospitality Resolution Plan Majestic Auto Ltd has reached a settlement agreement with Assets Care & Reconstruction Enterprise Limited (ARC) regarding the implementation of the Resolution Plan for Sharan Hospitality Private Limited (SHPL). The agreement, finalized on July 15, 2026, allows the company to move forward with the resolution process after settling disputes with ARC, which holds the financial assets relating to SHPL.The settlement follows a period where Axis Bank Limited, the financial creditor of SHPL, initiated liquidation proceedings against the company. These proceedings were subsequently set aside by the National Company Law Tribunal (NCLT), permitting the...

TSMC Surges Amid AI Chip Boom: Profit Set to Jump 59%, Nearing Record Highs as Demand Soars TSMC, the leader in advanced chip manufacturing, is poised for another milestone quarter as global demand for artificial intelligence (AI) infrastructure continues its rapid ascent. The company is expected to log a fifth consecutive quarter of record earnings, driven by blistering growth in its core business segments.Analysts project a significant 59% surge in net profit for TSMC during the April-June period. This massive jump underscores the pivotal role TSMC plays as a critical supplier to major tech giants like Nvidia and Apple.Global AI Demand Drives Profit Surge The resilience of TSMC's advanced chip technologies is a key driver behind...

Powerica Ltd Secures 100MW Wind Project Bid from SECI's Competitive Auction Powerica Limited has emerged as the successful bidder in an e-Reverse auction conducted by Solar Energy Corporation Limited (SECI). The company secured the bid for a 100 MW wind power project, which was part of a competitive process involving grid-connected projects.The electronic reverse auction concluded on July 15, 2026. During this process, Powerica submitted its competitive bid, and the discovered tariff for the project was recorded at ₹3.85 per unit. The company expects to receive the Letter of Award (LOA) within the timelines specified in the tender document.Upon receiving the LOA, Powerica Limited will enter into a Power Purchase Agreement (PPA) with...

NACL Industries Ltd to Hold Board Meeting to Approve Quarter Ended June 30 Financial Results NACL Industries Limited has scheduled a meeting of its Board of Directors to consider and approve the Unaudited Financial Results for the quarter ending June 30, 2026. The board meeting is set to take place on Wednesday, July 22, 2026.During this meeting, the company will review and ratify both the Standalone and Consolidated financial results corresponding to the specified quarter.The company also announced timelines regarding its trading window in relation to these results. The trading window for dealing in NACL Industries Limited securities was closed from the start of business hours on July 1, 2026. This restriction remains in place...