Markets

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...

Mangalam Drugs & Organics Ltd Declares Default on Loan Obligations with Two Banks Mangalam Drugs & Organics Ltd has confirmed a default on its loan obligations concerning Cash Credit accounts held with Bank of Baroda and Bank of Maharashtra, stating that the company is making arrangements to settle the overdue amounts as soon as possible.The company’s declaration pertains to loan facilities where outstanding balances exceeded sanctioned limits for periods exceeding thirty days. As per the details provided in the latest statement, the defaulted obligations span two different institutions. The total overdue amounts, reported as of June 15, 2026, are detailed below:Bank NameLoan Account NumberAmount Overdue (Rs in Lacs)Date of Start...

Rajapalayam Mills Ltd. Announces Board Meeting to Review Q3 Unaudited Financial Results Rajapalayam Mills Ltd. has scheduled its Board Meeting No: 03/2026-27 to review the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The meeting is set to be held on Thursday, August 13, 2026.The company’s Board Meeting is scheduled to consider various items, including the financial performance detailed in the results for the period ending June 30, 2026.Trading Window Status Update Rajapalayam Mills Ltd. also provided an update regarding the trading window closure status following its previous communication dated June 25, 2026.The trading window remains closed for the company’s Directors and other...

Himadri Speciality Chemical Posts Record Quarterly Revenue and EBITDA Amid Growth in Specialty Materials Himadri Speciality Chemical Ltd reported strong results for the quarter ended June 30, 2026, achieving record figures across revenue, EBITDA, and Profit After Tax (PAT). The company attributed its resilient financial performance to effective product mix management and sustained momentum in specialty materials, even against a global geopolitical backdrop.Consolidated revenue stood at Rs. 1,432 Crores, while EBITDA reached Rs. 313 Crores. This translated into an EBITDA margin of 22%, with Profit After Tax (PAT) coming in at Rs. 228 Crores, reflecting a PAT margin of 16%.The key financial highlights for the quarter are presented...

Commercial Syn Bags Completes Machine Testing, Commences Trial Run for Expanded Unit-Techtex CapacityCommercial Syn Bags Limited has announced the successful completion of machine testing and the commencement of a trial run at its expanded manufacturing facility, Unit-Techtex. The operational phase began on July 15, 2026, marking a significant step in scaling up production capabilities.The specialized unit is located at Plot No. A-12 and A-13 within the Indore Special Economic Zone, Pithampur Phase-II, Dhar, Madhya Pradesh. This milestone follows earlier indications regarding the trial run of the expanded manufacturing capacity at this facility.Subject to the successful completion of the ongoing trial run and subsequent...

Latent View Analytics Appoints Sonal Ramrakhiani as New CEO Amid Leadership Transition Latent View Analytics Ltd has announced a transition in its senior leadership, appointing Ms. Sonal Ramrakhiani as the new Chief Executive Officer. The board approved the changes and appointments on July 15, 2026.The company also accepted the resignation of Mr. Rajan Sethuraman from his role as Chief Executive Officer (Key Managerial Personnel), effective immediately. Following his formal submission of resignation via email on July 14, 2026, the Board appointed Mr. Rajan Sethuraman as Strategic Advisor to the Chief Executive Officer.A.V. Venkatraman, Chairperson of the Board of Directors, commented on the change, expressing profound thanks to Mr...

Shemaroo Entertainment Board Meeting Scheduled for Q1 Results Approval on July 23, 2026 Shemaroo Entertainment Limited has scheduled a meeting of its Board of Directors set for Thursday, July 23, 2026. The primary purpose of the board meeting is to consider and approve the Unaudited Standalone and Consolidated Financial Results of the company for the period ending June 30, 2026.In alignment with established insider trading protocols, the Trading Window remains closed for all designated persons, their immediate relatives, and all connected persons covered by the relevant code. This restriction will remain in effect until 48 hours following the declaration of the company's financial results.SHEMAROO Stock Price Movement Shares of...

Bharat Gears Ltd Schedules Board Meeting to Discuss Quarterly Results and Closes Trading Window Bharat Gears Ltd has scheduled a meeting of its Board of Directors and provided an update regarding the closure of the trading window for key personnel. The meeting is set for August 03, 2026, with the primary agenda item being the review of the company's Un-Audited Financial Results.The Board Meeting of Bharat Gears Ltd will be held on August 03, 2026. The purpose of the gathering is to consider and approve the Un-Audited Financial Results for the quarter that ended June 30, 2026.In addition to the board meeting announcement, the company confirmed details regarding its insider trading regulations. The trading window for Promoters, the...

Agri-Tech (India) Ltd Approves Quarterly Results, Fixes AGM Date for September 2026 Agri-Tech (India) Ltd has approved its standalone unaudited financial results for the quarter ended June 30, 2026. The company also announced that its Annual General Meeting (AGM) is scheduled for September 16, 2026.The Board of Directors conducted the meeting on July 15, 2026, where the financial results were approved. Key operational details and a summary of the unaudited figures are available below:ParticularQuarter Ended 30-06-2026 (₹ in Lakhs)Revenue from operations20.40Total Income20.40Total Expenses23.25Profit before Tax (Q)(2.85)Net Profit for the period(2.85)The company noted that it is dealing with a major product...

Emerald Finance Ltd Partners with All Heart Web Pvt. Ltd to Launch Early-Wage-Access Program Emerald Finance Ltd has announced a strategic partnership with All Heart Web Pvt. Ltd., based in Delhi, to introduce its new Early-Wage-Access program. This initiative is designed to provide immediate financial relief to employees by enabling them to access portions of their salaries throughout the month.The launch aligns with Emerald Finance Ltd.’s vision to expand its product offerings and serve retail customers. The core element of this partnership is a specialized salary advance solution aimed at supporting working professionals.Under this new product, Emerald Finance Ltd. will engage in collaborations with employers across various...

Prostarm Info Systems Ltd revises timeline for commercial production of Battery Energy Storage System (BESS) facilities Prostarm Info Systems Ltd has announced a revision in the commencement timeline for commercial production at its manufacturing facilities. The company, which operates two distinct production sites, stated that while the factory buildings are substantially ready, an unavoidable delay has occurred due to external factors and prevailing geopolitical conditions.The manufacturing facilities include a 1.2 GWh Battery Energy Storage System (BESS) facility located at Reliance MET in Jhajjar, Haryana, and another manufacturing site situated in Bakrol, Gujarat.Prostarm informed stakeholders that the commencement of...

Phantom Digital Effects Limited Acknowledges Fine from NSE Over Delayed Financial Reporting; Outlines Compliance Steps Phantom Digital Effects Limited, following a Board meeting on July 15, 2026, has addressed a fine levied by the National Stock Exchange of India (NSE) concerning the delayed submission of Audited Financial Results for the financial year ended March 31, 2026. The company has detailed its ongoing audit progress and outlined significant corrective measures to ensure timely regulatory compliance moving forward.The NSE had imposed a fine related to non-compliance with Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Based on the details provided by the Exchange regarding the...