Markets

National Oxygen Ltd Withdraws Proposed Preferential Issue Due to Market Decline National Oxygen Limited has announced the withdrawal of its proposed preferential issue of equity shares following a review of current market conditions. The Board of Directors approved this decision at its meeting on July 15, 2026.The company decided to withdraw the transaction after noting a significant decline in the market price of its equity shares since the proposal was initially approved. Consequently, the investor involved in the preferential issue expressed reservations regarding the previously approved issue price and requested that the proposed investment be postponed.After due deliberation concerning the commercial viability of the planned...

Zodiac Energy Reports FY26 Earnings Update Amid Revenue and EBITDA Growth Zodiac Energy Ltd has released its Investor Presentation detailing its financial performance for FY26, highlighting growth across revenue streams, operational achievements, and improved financial metrics. The company demonstrated a strong focus on both EPC (Engineering, Procurement and Construction) projects and the Independent Power Producer (IPP) segment during the fiscal year.Financial Performance Highlights The company recorded robust growth in key financial indicators for FY26. Revenue from operations grew by 33% year-over-year (YoY), reaching ₹543.5 crore, compared to ₹407.8 crore in FY25. EBITDA saw a significant increase of 50% YoY, rising to ₹55.3...

HDFC Life Reports Strong Q1 FY27 Results, Highlights 25.0% New Business Margin and Robust Growth in Protection Mumbai, July 15, 2026: HDFC Life Insurance Company Ltd announced its financial results for the quarter ended June 30, 2026, noting that Value of New Business (VNB) growth was aligned with Annualized Premium Equivalent (APE) growth, supported by a 25.0% New Business Margin.The Board of Directors adopted the reviewed standalone and consolidated financial results for the first quarter of Fiscal Year 2027 (Q1 FY27). While acknowledging that overall growth for FY27 is expected to moderate due to ongoing global conflicts affecting energy prices, company executives highlighted the strength of their protection portfolio and...

Bayer CropScience Ltd Ordered to Pay Penalty Over GST Issues Related to Outward Supply and Input Tax Credit Bayer CropScience Ltd has received an order imposing a penalty from the Office of the Pr.Commissioner of Central Tax, Ranga Reddy GST Commissionerate, Madhapur, Hyderabad, Telangana. The fine relates to matters concerning outward supply and Input Tax credit availed during specific financial years.The company received the order on July 15, 2026. This penalty pertains to actions taken regarding outward supplies and Input Tax credits for the Financial Years spanning from 2020-21 to 2022-23.According to details provided, the imposed penalty amounts to Rs 22 Million for the specified three financial years. The company has noted...

Wanbury Limited Announces Early Redemption of Non-Convertible Debentures Wanbury Limited announced the early redemption in full of its 12.5% unlisted, secured, redeemable, non-convertible debentures (NCDS). The resolution was passed by the Board of Directors of the company on July 15, 2026.The NCDS are described as secured, guaranteed, senior, taxable, non-cumulative, unrated, redeemable, principal protected non-convertible debentures. These instruments were issued to raise capital and carry a total original issue size up to Rs. 200,00,00,000/-.Key details regarding the secured NCDS are provided below:FeatureDetailNature of SecuritySecured, guaranteed, senior, taxable, non-cumulative, unrated, redeemable, principal protected...

Emami Limited Announces Investor Conference Call Post Q1 FY27 Results Declaration Emami Limited has scheduled a conference call with analysts and investors to discuss the company's business strategy and outlook following the declaration of its Q1 FY27 unaudited financial results.The investor conference call is set for Tuesday, August 4, 2026, at 4:00 PM IST. The event aims to provide stakeholders with insights into the company’s performance and strategic direction subsequent to the release of the first quarter results for FY27.Management participants confirmed for the conference include Mr. Mohan Goenka, Wholetime Director and Vice Chairman; Mr. Vivek Dhir, CEO (International Business); Mr. Dhruv Aggarwal, Chief Growth Officer; Mr...

Raghav Productivity Enhancers Reports Record Quarter: Revenue and Profitability Rise Amid Growth Momentum Raghav Productivity Enhancers Limited (RPEL), identified as the world's largest manufacturer of Silica Ramming Mass, has announced its results for the quarter ended June 30, 2026. The company reported significant growth in revenue and profitability during the period.The firm noted sustained volume growth, attributing it to increasing product trial success and strong repeat demand from customers. Profitability metrics showed a positive trend, driven by a sequential increase in the sales mix of value-added products (such as those used in foundries) and R&D backed new variants, leading to margin expansion and higher realizations...

Nexome Capital Markets Sets Record Date for Final Dividend of U.50 Per ShareNexome Capital Markets Ltd, formerly SMIFS Capital Markets Limited, has set a specific record date concerning its final dividend entitlement for the financial year ended March 31, 2026.The Board of Directors of Nexome Capital Markets held a meeting on May 25, 2026, during which they fixed Friday, July 31, 2026, as the Record Date. This date determines the eligibility of members to receive the proposed Final Dividend.The company confirmed that the dividend stands at U.50 (Rupees One and Fifty Paise only) per equity share. These shares have a face value of ~10/- each.The entitlement of shareholders is subject to approval at the ensuing Annual General...

Jana Small Finance Bank Allots 3,73,436 Equity Shares Under ESOP Schemes 2017 and 2018 Jana Small Finance Bank Ltd has announced the allotment of equity shares totaling 3,73,436 under its Employee Stock Option Plan (ESOP) schemes dating from 2017 and 2018. The allotment was completed on July 15, 2026.The newly issued equity shares are fully paid-up and rank pari passu with the existing share capital of the bank. These shares were allotted pursuant to options granted to employees under the specified ESOP schemes.Following this issuance, the total paid-up equity shares of Jana Small Finance Bank Ltd has increased from 10,53,41,046 shares to 10,57,14,482 shares, all with a face value of Rs. 10 per share.The details pertaining to the...

Orient Bell Limited Approves Five-Year Extension of Chief Executive Officer Tenure Orient Bell Limited has approved the extension of the tenure of its Chief Executive Officer (CEO), Mr. Aditya Gupta, for a period of five years. This decision was made by the Board of Directors following a meeting held on July 15, 2026, and incorporates a recommendation from the Nomination and Remuneration Committee.The Board approved the extension to address the fact that Mr. Gupta would have been due for retirement as CEO on July 31, 2026. The extended tenure of employment is effective from August 1, 2026, to July 31, 2031.Mr. Aditya Gupta has served as the Company's CEO for over eight years since March 6, 2018. His background includes a Bachelor of...

Bannari Amman Spinning Mills Announces Dates for 36th Annual General Meeting and Dividend Payouts Bannari Amman Spinning Mills Ltd has announced key dates related to its 36th Annual General Meeting, book closure, and dividend disbursement. The company also provided details regarding the remote e-voting period for shareholders.The board of directors set several critical timelines concerning the AGM and associated events. Key dates include the payment date for the dividend and the duration for shareholder participation in the general meeting process.The Company has appointed Mr R Dhanasekaran, a Practicing Company Secretary, to serve as the Scrutinizer for the remote e-voting process.A detailed look at the upcoming timelines is...

Simplex Castings' Order Book Surpasses ₹130 Crore, Driven by Strong Demand in Steel and Power Sectors Simplex Castings Limited, a leading precision metallurgy and casting solutions provider, has reported robust operational performance for the first quarter of FY27. The company's order book currently exceeds ₹130 crore, signaling strong revenue visibility into the upcoming quarters.The sustained demand from India's steel and power sectors is bolstering Simplex Castings’ pipeline. The order book, which stands at more than ₹130 crore, reflects the company's capabilities in undertaking technically complex and quality-intensive projects, with execution periods generally set for 4 to 6 months.Simplex Castings holds a significant position...

Shah Foods Approves Strategic Decisions, Announces Director Appointments and Office Shift Proposal Shah Foods Ltd., at its Board of Directors meeting held on July 15, 2026, approved several material proposals concerning the company’s operational structure and future direction. Key decisions include the approval of potential loans and related party transactions (RPTs), alongside a proposal to shift the company's registered office from Gujarat to West Bengal.The Board meeting also addressed critical management appointments, placing multiple matters before shareholders for approval via Postal Ballot. These items covered leadership changes, including the appointment of new directors and approval for corporate restructuring elements such...

Reliance Industrial Infrastructure Reports Q1 FY26-27 Financial Results; Consolidated Net Profit Declines Reliance Industrial Infrastructure Limited has released its unaudited financial results for the quarter ending June 30, 2026. The results show varying trends across consolidated and standalone performance, with changes noted in total income and profitability compared to previous periods.Consolidated Financial Performance Highlights For the quarter ended June 30, 2026, the Company reported the following key figures in its consolidated financial statements (figures are in ₹ Lakh unless specified):ParticularsQ1 FY 26-27Q4 FY 25-26Q1 FY 25-26%Change w.r.t Q4 FY 25-26%Change w.r.t Q1 FY 25-26Total...

Sammaan Capital Limited Pays Interest on Secured Redeemable Non-Convertible Debentures Sammaan Capital Limited has completed the payment of interest due on its Secured Redeemable Non-Convertible Debentures (SRNCDs). The company's adherence to financial obligations was confirmed regarding these debentures, which were issued on a private placement basis and are listed on stock exchanges.The payment details pertain to a specific tranche of the SRNCDs.Key details of the interest payment are as follows:ISINIssue Size (in INR lacs)Interest Amount Paid (in INR lacs)FrequencyDue Date for Interest PaymentActual Date for Interest PaymentINE148I07YJ018,500830.24542Half Yearly16-07-202615-07-2026The interest payment was made in full...

Shalby Ltd Schedules Board Meeting for Q1 Results Approval; Insider Trading Window Closed Shalby Ltd has announced that its Board of Directors meeting is scheduled to address key operational and financial matters, including the consideration and approval of the unaudited results for the first quarter. Furthermore, the company confirmed the closure of its insider trading window ahead of the financial announcement.The Board Meeting is set for Wednesday, August 5, 2026. The agenda for the meeting includes considering and approving the unaudited financial results, both Standalone and Consolidated, for the quarter that ended June 30, 2026. In addition to this primary business, the board is scheduled to transact any other matters with the...

Key Corporation Ltd Approves Senior Appointments, Boosts Borrowing Limits Amid Business Expansion Plans Key Corporation Ltd announced several key corporate decisions following its Board of Directors meeting held on July 15, 2026. The Board approved the appointment of two additional directors and ratified significant corporate changes, including an enhancement to the company's borrowing capacity and approval of the first quarter financial results for the fiscal year ended June 30, 2026.Director Appointments Confirmed The Board meeting approved the appointments of Mr. Yogesh Yashpaul Chadha (DIN: 01681680) and Mr. Devesh Srivastava (DIN: 08646006) as Additional Directors, serving in both Independent and Non-Executive capacities.Both...

ICICI Lombard Approves Quarter Results for June 30, 2026; Extends Key Investment Officer's Tenure ICICI Lombard General Insurance Company Limited announced the approval of its audited financial statements and results for the quarter ended June 30, 2026. The Board of Directors also approved the extension of tenure for Mr. Vinod Mahajan, Chief Investment Officer (CIO), who is an existing Key Management Personnel of the company.The Board Meeting was held on July 15, 2026. Based on these approvals, the company's financial performance saw a net profit of 40,317 lakhs for the quarter, amid substantial Gross Premiums Written and prudent risk management indicators.Financial Performance Highlights For the three months ending June 30, 2026...

Creditor Withdraws Debt Application as McLeod Russel India Limited Restructures DebtsFinancial Creditor National Asset Reconstruction Company Limited (NARCL), acting through its assignee India Debt Resolution Company Limited, has initiated a resolution of the insolvency proceeding related to McLeod Russel India Limited. The creditor sought to withdraw the application that had been filed against the company before the Hon'ble National Company Law Tribunal (NCLT), Kolkata bench.The original legal action related to an alleged default amount of approximately Rs.444.55 crores. This debt was originally held by HDFC Bank Limited, and NARCL acted as its assignee in filing the application under Section 7 of the Insolvency and Bankruptcy...

Crisil ESG Ratings Assign 'Crisil ESG 70' and 'Crisil Core ESG 75' to Tata Investment Corporation Ltd Tata Investment Corporation Ltd has received its ESG ratings from Crisil ESG Ratings & Analytics Limited. The agency assigned a rating of 'Crisil ESG 70' under the strong category, alongside a 'Crisil Core ESG 75'.The assessment was conducted by Crisil ESG Ratings & Analytics Limited based on data pertaining to Fiscal Year (FY) 2025-26 that is available in the public domain. The company noted that the ratings were independently prepared and that it had not engaged the agency for this report.The key details of the ESG ratings are summarized below:MetricRating AssignedCategoryCrisil ESG70StrongCore ESG75N/AThe results...