Markets

Sai Silks Fixes Record Date for Final Dividend Payment of Rs 1.50 Per Share Sai Silks (Kalamandir) Ltd has announced that it has fixed a record date for the payment of its final dividend for the financial year ended 2025-26. The Board of Directors determined Monday, August 03, 2026, as the relevant record date.The decision was made during a board meeting held on July 15, 2026. This move follows a recommendation made by the Board in its previous meeting on May 12, 2026, and is subject to shareholder approval. The company has resolved to pay a final dividend of Rs. 1.50 per equity share, against the nominal value of Rs. 2/- each.The record date was set specifically for the purpose of distributing this payment.Key details regarding...

Taming the Data Deluge: RBI Rolls Out Draft Guidance on Regulatory Expectations to Combat Financial Risks The Reserve Bank of India (RBI) has today released a critical draft titled 'Guidance on Regulatory Expectations for Data Governance.' This move signals a major shift in regulatory focus, addressing the exponential growth and management complexity associated with data across the financial sector. The draft is now open for public comments from stakeholders.This initiative underscores the RBI's commitment to enhancing operational resilience within regulated entities (REs). The Guidance aims to support institutions by strengthening their overall data governance frameworks and promoting sound practices throughout the entire data...

Maruti Suzuki India Schedules Board Meeting to Approve Unaudiited Financial Results for June Quarter Maruti Suzuki India Ltd has scheduled a board meeting to review and ratify the unaudited financial outcomes for the quarter ending June 30, 2026.The company's directors are set to convene on Friday, July 31, 2026. The primary agenda item for the meeting includes considering and approving the performance and results of the company for the specified period.MARUTI Stock Price Movement Maruti Suzuki India Limited closed today having edged higher by 0.59% to settle at ₹13583.The stock traded within a range of ₹13435 and ₹13606, with 456,369 shares transacted in the session.

Near-Zeroing Out: RBI Cancels Registration Certificates of 18 NBFCs Amid Business Exit and Corporate Restructuring Shifts The Reserve Bank of India (RBI) has officially cancelled the Certificate of Registration (CoR) for eighteen Non-Banking Financial Companies (NBFCs). This regulatory action, executed under powers conferred by Section 45-IA (6) of the Reserve Bank of India Act, 1934, reflects significant structural shifts and operational changes within the NBFI sector.Understanding the Regulatory Action The cancellation signifies that these companies are either ceasing their operations as a Non-Banking Financial Institution or have transitioned into regulatory categories that do not require full NBFC registration. The RBI’s action is...

PDS Limited Dissolves Design Arc LLC as Part of Corporate Streamlining Efforts PDS Limited has confirmed the dissolution of Design Arc LLC, a step-down subsidiary located in Delaware, USA, concluding its operational existence effective July 13, 2026. The company informed stakeholders on July 15, 2026, regarding this structural change following an ongoing initiative to streamline the corporate structure across the PDS Group.As a result of the dissolution, Design Arc, USA has ceased functioning as a step-down subsidiary of the listed entity. The move aligns with efforts by PDS Limited to eliminate non-operational and redundant entities within the group structure.The transaction involving Design Arc LLC did not have any material impact...

Banks Unleash Credit Surge, Amid Steady Deposit Inflow as RBI Statement Reveals Financial Strength The Reserve Bank of India’s (RBI) statement on the position of scheduled banks provides a comprehensive look into the stability and operational capacity of the Indian banking system. As of June 30, 2026, the data underscores sustained growth in bank credit while maintaining robust deposit inflows from the public.Commercial Banks Drive Up Lending Activities Scheduled commercial banks demonstrated a marked acceleration in their lending activities across various instruments. Loans, cash credits and overdrafts increased significantly, rising to ₹21,482,219.52 crore. This upward trend reflects an active deployment of capital by financial...

Procter & Gamble Health Updates Key Dates for 59th Annual General Meeting and Final Dividend Eligibility Procter & Gamble Health Limited has provided an updated schedule regarding its upcoming 59th Annual General Meeting (AGM) for the Financial Year 2025-26, along with the corresponding record date necessary for shareholder participation and final dividend distribution.The company confirmed the revised timing for the important shareholder meeting, which is scheduled to take place in September 2026. The updated schedule provides specific dates for both the AGM and the cutoff point for shareholders interested in receiving the final dividend, should it be approved during the meeting.Key operational details concerning the 59th Annual...

Usha Martin Limited Fixes Record Date Ahead of 40th Annual General MeetingUsha Martin Limited has announced the details for its upcoming 40th Annual General Meeting (AGM). The company is scheduled to hold the AGM on Thursday, August 20, 2026.The meeting will be conducted through Video Conferencing or Other Audio Visual Means (VC/OAVM).A key operational detail has been established for members, as the Record Date for determining eligibility for dividend payments pertaining to the financial year ended March 31, 2026, has been set as Thursday, August 13, 2026.The company confirmed that the Notice of the 40th AGM and the Annual Report for the financial year ended March 31, 2026, will be submitted in due course.USHAMART Stock Price...

CSM Technologies’ Subsidiary Wins INR 32.08 Million Contract to Design Digital Auction Platform for Malawi CSM Technologies Limited, a GovTech company specializing in Digital Public Infrastructure (DPI) solutions, has secured a significant international contract worth INR 32.08 million. The assignment is with the Public Private Partnership Commission (PPPC) of Malawi and involves designing and commissioning an Electronic Auction Platform (EAP) for the Digital Malawi Acceleration Project (DMAP).The project, which falls under the World Bank’s Inclusive Digitalization in Eastern and Southern Africa (IDEA) programme through the International Development Association (IDA), is awarded to CSM Tech Limited, a wholly owned subsidiary of CSM...

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...