Markets

Lippi Systems Limited: IDC Recommends Open Offer Amid Wide Disparity Between Offer Price and Market Valuation The Committee of Independent Directors (IDC) of Lippi Systems Limited has issued a recommendation concerning an ongoing Open Offer, noting that the offer price appears fair and reasonable according to regulatory requirements, despite a significant gap with recent market valuations. The recommendation was unanimously approved by the IDC members.The Open Offer is being conducted by five individuals—Vinesh Shivji Dholu (Acquirer-1), Jagdish Shivji Dholu (Acquirer-2), Shivji Karamshi Dholu (Acquirer-3), Jagruti Vinesh Dholu (Acquirer-4), and Parul Jagdish Dholu (Acquirer-5)—who collectively hold the status of Acquirers.The Offer...

Punjab & Sind Bank Board Meeting Scheduled to Consider Q1 2026 Financial Results Punjab & Sind Bank has scheduled a meeting of its Board of Directors to consider and approve the Unaudited Reviewed Financial Results for the Quarter ended June 30, 2026. The board meeting is set to be held in New Delhi on July 18, 2026.In addition to the financial review, the bank also provided an update regarding its insider trading policy. In adherence to the Punjab & Sind Bank Code of Conduct to Regulate, Monitor and Reporting Trading by Insiders, the current trading window remains closed for all designated and connected persons. The window, which concluded at the end of the quarter ended June 30, 2026, will remain restricted until July 20, 2026.PSB...

MRF Limited Holds 65th Annual General Meeting on August 6, 2026; Makes FY 2025-26 Annual Report Available Online MRF Limited has announced the date for its 65th Annual General Meeting (AGM). The meeting is scheduled to take place on Thursday, August 6, 2026, at 11 a.m. Shareholders are informed that the AGM will be held through Video Conference (VC) or Other Audio Visual Means (OAVM).The notice for the 65th Annual General Meeting, along with the Annual Report for the financial year 2025-26, has been issued to members whose email IDs are registered with the company or Depository Participants.For shareholders who do not have their details recorded electronically, MRF Limited has provided a web link and path to access the company's...

CarTrade Tech Ltd Clarifies Share Volume Movement, States No Pending Material Disclosures CarTrade Tech Ltd has issued a clarification regarding fluctuations in the volume of its shares across exchanges. The company addressed inquiries concerning the increased volume movement of its scrip.The Company stated that there is no undisclosed information or announcement that could impact the volume behavior of CarTrade Tech Limited's stock, which would necessitate disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.CarTrade Tech Ltd affirmed that it has consistently ensured all pertinent information was disclosed in accordance with the said regulation, noting timely disclosures made...

Dr. Sridevi Khambhampaty Resigns as CEO of Shilpa Biologicals Pvt Ltd Shilpa Medicare Limited announced the resignation of Dr. Sridevi Khambhampaty from her position as Chief Executive Officer (CEO) of its material subsidiary, Shilpa Biologicals Private Limited. The change in leadership is effective from closing hours of July 15, 2026.Dr. Sridevi Khambhampaty stepped down from the role due to personal commitments. She had held the position since April 15, 2026.Shilpa Biologicals Private Limited is a material subsidiary of Shilpa Medicare Limited. The cessation of Dr. Khambhampaty's duties marked her last day as CEO.Key details regarding the change in senior managerial personnel are presented below:Personnel NameRoleDate of...

Anlon Technology Solutions Limited Awarded Contract for Annual Maintenance Charges of Fire Truck Anlon Technology Solutions Limited has secured a contract related to Annual Maintenance Charges (AMC) for a Rosenbauer make Crash Fire Truck (CFT). The order, which involves services to be provided over the next year, amounts to a total consideration of Rs. 74.15 Lakh.The deal is with a domestic entity and represents an opportunity for Anlon Technology Solutions Limited in the maintenance service sector. The scope of work covers providing these annual maintenance charges for the Rosenbauer make CFT.Key Details of the Contract Award The contract details cover the terms, duration, and financial structure of the maintenance agreement...

Jeena Sikho Lifecare Limited Announces Key Personnel Changes, Appoints Multiple New Directors Jeena Sikho Lifecare Limited (JSLL) has made significant changes in its key managerial and directorial appointments following the outcome of its Board of Directors meeting held on July 15, 2026. The board approved the resignation of a senior official while welcoming several new individuals into leadership roles, including two independent directors and two executive directors.Leadership Transition and Key Managerial Appointment The company announced that Mrs. Smita Chaturvedi had tendered her resignation from the position of Company Secretary and Compliance Officer (Key Managerial Personnel). She was relieved of her duties effective July 14...

Aurique Ltd Approves Quarterly Results and Director Status Change Aurique Ltd has approved its Un-Audited Standalone Financial Results for the quarter ended June 30, 2026. The company also confirmed a change in the classification of one of its directors during the board meeting held on July 15, 2026.The results were reviewed by the Audit Committee and approved by the Board of Directors. While the management presented the unaudited financial statements prepared under Indian Accounting Standard 34, the statutory auditor issued a disclaimer of opinion on these results, noting limitations in obtaining sufficient appropriate evidence.Financial Performance Snapshot The company reported Total Revenue of 104.50 (in Rs. lakhs) for the...

GoI Launches Massive ₹30,000 Crore Security Conversion Auction; Market Urged to Participate in Bond Restructuring Drive The Reserve Bank of India (RBI) has announced a significant initiative concerning the restructuring and conversion of existing Government of India securities. Through an upcoming auction, the RBI aims to facilitate the switch and conversion of government bonds totaling an aggregate face value of ₹30,000 crore. This move is designed to optimize and modernize the sovereign debt portfolio across various maturities.The market is required to participate in this multi-lot conversion process, which is set to take place via a structured auction held on July 20, 2026. The successful completion of the transaction will be...

Nexus Select Trust Reports Unitholding Pattern as of June 30, 2026 The ownership structure of Nexus Select Trust was reported for the quarter ended June 30, 2026. The trust reported a total outstanding units figure of 151,50,00,000 and recorded 75,006 unitholders as of that date.The Unitholding Pattern details provided insights into the holdings held by Sponsors and the Public category.Sponsor and Sponsor Group Holding As of June 30, 2026, the total units held by the Sponsor and its associated Group amounted to 33,77,92,801 units, constituting 22.30% of the Total Outstanding Units.The holdings within this category were distributed across several corporate entities belonging to the sponsor network. Wynford Investments Limited...

Spandana Sphoorty Financial Revamps Merger Plan as Criss Financial Becomes Wholly Owned SubsidiarySpandana Sphoorty Financial Limited (SSFL) is proceeding with modifications to its existing amalgamation scheme involving Criss Financial Limited (CFL). The Company announced that it will re-evaluate the terms of the merger following a recent strategic acquisition, which has resulted in CFL becoming a wholly owned subsidiary of SSFL.The amalgamation of CFL with SSFL was previously approved by the Board of Directors as part of a proposed scheme of arrangement under the Companies Act. Initially, when the Scheme was approved, SSFL held 99.92% of the paid up share capital of CFL.In a recent development related to capital restructuring...

Artson Ltd Reports Q1 2026 Results; Total Income Stands at ₹2,654.73 Lakhs Artson Ltd has released its unaudited financial results for the first quarter ended June 30, 2026. The company reported total income of ₹2,654.73 lakhs for the quarter. Management confirmed that the Board of Directors approved the results, alongside the Statutory Auditors' Limited Review Report and the Cost Audit Report for the financial year ended March 31, 2026.The results provide insight into the company’s performance compared to previous quarters and the full fiscal year ending March 31, 2026.Financial Performance Snapshot (₹ Lakhs)ParticularsQuarter ended 30 June 2026 (Unaudited)Quarter ended 31 March 2026 (Unaudited)Quarter ended 30 June 2025...

Prime Fresh Ltd Appoints Sanjiv Swarup as Additional Non-Executive Independent Director Prime Fresh Ltd has appointed Mr. Sanjiv Swarup as an Additional Non-Executive Independent Director. The appointment, which was approved by the Board of Directors, is effective from July 15, 2026.The company announced that Mr. Swarup will serve for a term of five consecutive years, commencing on July 15, 2026, and concluding on July 14, 2031. This appointment is subject to the approval of members at the ensuing Annual General Meeting.Mr. Sanjiv Swarup brings extensive experience in financial services, governance, and strategic advisory, with over four decades of professional involvement. He has served on the boards of several listed and unlisted...

Sihora Industries Ltd Board Approves IPO Fund Utilization, Altering Corporate Objects Sihora Industries Ltd has announced key decisions regarding the utilization of unutilized proceeds from its public issue, confirming several purchases and revising project scope following a recent board meeting. The company also greenlit necessary alterations to the terms of its objects as stated in the Prospectus dated October 06, 2025.The Audit Committee and the Board of Directors approved the utilization of unutilized IPO funds for strategic acquisitions aimed at expanding the company’s product portfolio. The planned purchases include four Crochet Knitted Machines, twelve Coiling Machines, and twelve Stitching Machines. This acquisition is set to...

Emerald Finance Ltd Set to Hold Board Meeting to Approve Q2 Financial Results Emerald Finance Ltd has scheduled a Board meeting to review and approve the Un-audited Financial Results for the quarter ending June 30, 2026. The company also confirmed the status of its insider trading window for designated personnel.The Board of Directors' meeting is set to take place on Wednesday, July 22, 2026, at 1:00 P.M. The meeting will be held at the Registered Office of the Company and is scheduled to consider and approve the Un-audited Financial Results in both Standalone and Consolidated formats for the period ending June 30, 2026.In a separate operational update, the company confirmed that the "Trading Window" regarding the securities of...

Maxvolt Energy Industries Limited sets up new warehouse facility in Ghaziabad Maxvolt Energy Industries Limited has established a new warehousing facility located in Ghaziabad, Uttar Pradesh. The setup of this operational facility was completed on July 15, 2026.MAXVOLT Stock Price Movement Maxvolt Energy Industries Limited saw its equity gain 1.46% today, settling at a closing price of ₹374.10 after the post-market session concluded. The stock traded within an intraday range, touching a high of ₹386.9 while hitting a low of ₹365.

Trust Fintech Limited Announces CFO Resignation as Executive Shifts Focus to Business Development and Sales Trust Fintech Limited has announced the resignation of its Chief Financial Officer (CFO), Mr. Anand Shankar Kane, as he prepares to transition his focus toward Business Development and Sales for the company. The resignation is set to be effective from the close of business hours on Wednesday, July 22, 2026.Mr. Anand Shankar Kane, who previously held the dual roles of Director and CFO at Trust Fintech Limited, tendered his resignation in writing, noting that the move will enable him to dedicate his attention to the growth and sales aspects of the business. Consequently, effective from the close of business hours on July 22, 2026...

La Tim Metal States Stock Price Movements Are Purely Market Driven La Tim Metal & Industries Limited has addressed market speculation regarding the fluctuation in its share prices. The company stated that there is no pending price sensitive information or announcement from the company that could have led to significant movement in the price behavior of its shares.In a statement, the Managing Director confirmed that the observed movement in the stock’s price is purely market driven.La Tim Metal & Industries Limited reaffirmed its commitment to ensuring that all required information and announcements are duly communicated to stock exchanges as necessary under applicable regulations.Stock Price Movement La Tim Metal & Industries Ltd...

Invigorated Business Consulting Ltd Announces Board Meeting for Q1 Results and Extends Insider Trading Closure Invigorated Business Consulting 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. Additionally, the company confirmed that the trading window for certain internal parties will remain closed until July 30, 2026.The Board meeting is set for Tuesday, July 28, 2026. The purpose of the gathering includes considering and approving the Unaudited Financial Results of the Company for the specified quarter. These financial results are subject to limited review by the Statutory Auditors of Invigorated Business Consulting Limited.In...

Starlog Enterprises Approves Re-appointment of Independent Director and Appoints New Internal Auditor Starlog Enterprises Limited, during a board meeting held on July 15, 2026, approved significant management appointments, including the re-appointment of Mr. Shankar Viswanathan as an Independent Director and the appointment of M/s Rahul D Shah & Co. as the Internal Auditor for the Financial Year 2026-27.The board meeting reviewed recommendations from both the Nomination & Remuneration Committee and the Audit Committee, approving key decisions regarding corporate governance and financial oversight.Appointment of Independent Director Based on the recommendation of the Nomination & Remuneration Committee, the Board approved the...