Markets

CRISIL Assigns AA/Stable Rating to Nuvoco Vistas Corporation’s Non-Convertible Debentures Nuvoco Vistas Corporation Ltd has received a significant boost in its corporate credit rating following an assessment by CRISIL Ratings Limited. The ratings cover both new debentures and the existing debt facilities of the company.CRISIL Ratings Limited assigned a 'Crisil AA/Stable' rating to the Non-Convertible Debentures amounting to Rs. 500 crores, which are set to be issued by Nuvoco Vistas Corporation Ltd.In addition to the rating for the new debentures, CRISIL has also reaffirmed its existing ratings on the company's current bank facilities and debt instruments. The affirmed ratings stand at 'Crisil AA/Crisil AA -/Stable/Crisil A1+'...

PC Jeweller Ltd Repays Outstanding Debts to Banks, Progressing Towards Debt-Free StatusPC Jeweller Ltd has successfully repaid outstanding debts owed to banks, taking a significant step toward achieving a debt-free status within the current quarter. The company reported that it has discharged the liabilities of four consortium banks, in addition to clearing debts with one more bank.The repayment move was executed in line with the terms of a Settlement Agreement dated September 30, 2024. With this completion, PC Jeweller Ltd has managed to pre-pay and discharge all outstanding debt owed to these four specific consortium banks well ahead of their scheduled due dates.This movement indicates substantial progress in restructuring and...

Seamec Limited issues partial modification regarding shareholder approval process Seamec Limited has issued a partial modification to a submission made on July 14, 2026, clarifying the method by which shareholder approval will be sought. The modification addresses a typographical error in the original filing.The company stated that shareholders' approval for a matter will be sought through Postal Ballot. This update serves to correct and confirm the relevant procedure following the board meeting held on July 14, 2026.SEAMECLTD Stock Price Movement Shares of Seamec Limited today slipped by 0.01% to settle at ₹1426.7, reacting with slight weakness in the post-market session. The stock recorded a traded volume of 88,837 shares during...

Cosmic CRF Ltd Secures Purchase Order worth 292.76 Lakhs from Railway Wagon Manufacturer Cosmic CRF Ltd has secured a significant purchase order, aggregating to ¥ 292.76 Lakhs, from a railway wagon manufacturing company. The order confirms the company's standing within the domestic industrial sector.The purchase orders were awarded by a domestic entity in the railway wagon manufacturing industry. The total Gross Order Value, inclusive of GST, amounts to ¥ 292.76 Lakhs.Details regarding the contract and procurement include:DetailSpecificationCustomer Entity TypeRailway Wagon Manufacturing Industry (Domestic)Product NatureCold Rolled Formed Section (CRF for BOXNHLWagons); Single Piece Hat Sections for Centre SillQuantity...

Onix Solar Energy Appoints Independent Director, Approves Q1 FY27 Results and Establishes New Corporate Office Onix Solar Energy Ltd. announced several corporate developments following its Board of Directors meeting held on July 15, 2026. The company approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and formalized key operational changes, including the appointment of a new Independent Director and the establishment of a corporate office in Gujarat.Board Decisions and Corporate Structure The meeting on July 15, 2026, saw the consideration and approval of critical strategic and governance items by Onix Solar Energy Ltd. Directors. Key decisions included:Corporate Office: The...

Amir Chand Jagdish Kumar (Exports) Limited Changes Stock Symbol to AEROPLANE Amir Chand Jagdish Kumar (Exports) Limited has announced a change in its stock symbol, which will be effective from July 20, 2026. The company's listing details reflect this change.The transition involves replacing the existing trading symbol with a new designation.Key details of the symbol change are as follows:Existing SymbolNew SymbolCompany NameAMIRCHANDAEROPLANEAmir Chand Jagdish Kumar (Exports) LimitedThe change in the stock symbol will be implemented by the exchange starting July 20, 2026.AMIRCHAND Stock Price Movement Amir Chand Jagdish Kumar (Exports) Limited shares today shed 0.57%, settling at ₹170.68 after closing trading. The stock...

Abril Paper Tech Schedules 3rd Annual General Meeting; Releases 2025-26 Annual Report Abril Paper Tech Limited has announced the schedule for its 3rd Annual General Meeting (AGM) and made available the company's Annual Report for 2025-26. The meeting is set to be held via Video Conferencing (VC) or Other Audio Visual Means (OVAM).The AGM is scheduled for Tuesday, August 11, 2026, at 3:00 p.m. (IST). Shareholders are provided with the necessary details and links related to the Annual Report and the Notice of the AGM.Details regarding the electronic access to the comprehensive information are available online. The company's operations have been documented in the Annual Report for 2025-26.A specific schedule has been established for...

Sarda Proteins Approves Major Corporate Shifts and Reports Quarterly Results Sarda Proteins Ltd., on July 15, 2026, announced several significant outcomes from its Board meeting, including the approval of unaudited financial results for the quarter ended June 30, 2026. The board also greenlit key operational changes, such as a registered office relocation and the establishment of a new corporate office in Gujarat.The company's Board of Directors held a meeting on July 15, 2026, during which multiple critical business matters were transacted. These actions included approving the Unaudited Standalone Financial Results (with Limited Review Reports) for the quarter ended June 30, 2026.A major administrative decision approved by the...

Indo Us Biotech Limited Revises Committee Composition Effective April 21, Directors' Changes Confirmed Indo Us Biotech Limited has released a clarification regarding the composition of its key Board Committees following appointments and resignations of Directors. The revised committee structures are effective from April 21, 2026, based on approvals made at a prior Board meeting.The company confirmed that the composition of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee, which was detailed in the Outcome of the Board Meeting held on July 10, 2026, reflects these changes.The revised committee compositions are as follows:Audit CommitteeSR. NO.NameDesignation1.Ritaben...

Riyaasat Lifestyle Ltd to Hold Board Meeting to Approve Financials and Appoint Auditors Riyaasat Lifestyle Ltd has scheduled a meeting of its Board of Directors to address critical operational reviews and key appointments for the coming financial years. The meeting is set to take place on Tuesday, July 21, 2026.The Board Meeting will be held at 4:00 pm (IST) at the company’s registered office located in Ahmedabad, Gujarat. One of the primary agenda items for the session will be the consideration and approval of the audited financial statements for both the half year and the full year ended March 31, 2026.In addition to the financial review, the meeting is scheduled to discuss two significant professional appointments. The company...

Dharti Proteins Ltd Approves Unaudited Financial Results for Quarter Ended June 30, 2026 Dharti Proteins Limited (formerly Devika Proteins Limited) has announced the approval of its unaudited standalone financial results for the quarter ended June 30, 2026. The Board meeting was held on July 15, 2026, and the results were reviewed by the company's Audit Committee before being approved by the Board of Directors.The results were subjected to a Limited Review Report from Chartered Accountants N.S. Nanavati & Co., who issued a declaration stating that the accompanying statement did not contain any material misstatement and was prepared in accordance with applicable Indian Accounting Standards (Ind AS).The company's unaudited financial...

Chiraharit Ltd Wins Contract from Tata Power Renewable Energy Limited for Borewell Supply and Services Chiraharit Ltd, formerly known as Chiraharit Private Limited, has secured a substantial contract with Tata Power Renewable Energy Limited (TPREL). The agreement involves the supply of pipes and fittings and associated services for borewell projects.The domestic order, valued at Rs. 55,99,500/- excluding GST, covers the Supply and Services for Borewell. This engagement places Chiraharit Ltd in a key position to support TPREL's renewable energy infrastructure requirements.According to the details of the purchase order, the scope involves supplying Pipes & Fittings as per Bill of Quantities (BOQ). The location of supply is designated...

Amara Raja Commissions Customer Qualification Plant in Telangana, Boosting Lithium-Ion Battery Capacity Amara Raja Advanced Cell Technologies has announced the commissioning of its Customer Qualification Plant (CQP) at its Giga Corridor facility in Telangana. This development marks a critical step toward scaling up lithium-ion cell manufacturing capabilities in India.The CQP is designed to bridge the gap between laboratory research and commercial production, providing customers with validated cells before they enter high-volume manufacturing. The plant is set to manufacture lithium-ion cells in both cylindrical and prismatic formats across multiple chemistries. This functionality allows various customer programs and manufacturing...

Virtual Global Education Ltd Reports Qualified Opinion Due to Financial Irregularities and Documentation Shortfalls Virtual Global Education Ltd has released a statement detailing the impact of audit qualifications on its un-audited financial results for the quarter ended June 30, 2026. The company faces significant accounting adjustments related to fraudulent activities by its former Chief Financial Officer (CFO) and Director, alongside several outstanding documentary issues concerning major corporate transactions.The audited qualification is rated as "Qualified Opinion," reflecting material concerns regarding the reliability of the financial reporting due to these findings. Management has acknowledged the irregularities while...

Hemo Organic Ltd Approves Unaudited Quarterly Financial Results for Q1 2026 Hemo Organic Limited has approved the unaudited financial results for the quarter ended June 30, 2026. The Board of Directors reviewed these results at a meeting held on July 15, 2026.The company's results were subjected to a limited review by an Independent Auditor in compliance with applicable standards for interim financial reporting. These unaudited statements reflect the performance and comprehensive income generated during the quarter, alongside the status of other ongoing business transactions.The statement of standalone unaudited results for the quarter ended June 30, 2026, reflects a loss from continuing operations for the period.Key financial...

Caliber Mining IPO Nears 20% Premium as Grey Market Sells Ahead of Rs 450-Crore Launch Caliber Mining and Logistics is poised for a strong debut after its shares are trading at a significant premium in the unofficial grey market. The company is set to launch an initial public offering (IPO) totaling ₹ 450 crore, signaling robust investor confidence ahead of the market offering date.The IPO is scheduled to open on July 17 and close on July 21. With a fixed price band spanning from Rs 402 to Rs 424 per share, investors can anticipate strong potential gains based on current market sentiment.Grey Market Analysis and Listing Expectations The unofficial grey market has assigned a considerable premium to Caliber Mining shares. As of July...

Recode Studios Approves ESOP and Schedules Extraordinary General Meeting Recode Studios Limited announced significant corporate decisions following its Board meeting held on July 15, 2026. The Board approved the notice for an Extraordinary General Meeting (EGM) and formulated the 'Recode Studios Limited Employee Stock Option Plan, 2026' (RSL ESOP, 2026), which is subject to member ratification at the upcoming EGM.The company has set the date for the EGM as Tuesday, August 11, 2026, with the meeting scheduled for 3:00 P.M. The general meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM).Voting and Scrutiny Details To ensure fair voting procedures, the Board fixed August 4, 2026, as the cut-off...

CXMT IPO Prepares for Valuation Surge as Chinese Chip giant Eyes 10x Growth Fueled by AI Boom Chinese investors are preparing fervent bids for the ChangXin Memory Technologies (CXMT) $8.6 billion IPO, betting that the company's valuation could soar significantly after its Shanghai debut. The market anticipates a massive appreciation of up to 10-fold, driven by the global demand surge in AI and Beijing’s strategic push towards technological self-sufficiency.The share offering, set to be Asia’s largest share sale this year, arrives amidst escalating international tech rivalry with the United States. CXMT is positioned as a key element of China's semiconductor ambitions, aiming to challenge established global players in memory...

Escorts Kubota Ltd Board Meeting Scheduled for Q1 Results Approval; Insider Trading Window Remains Closed Escorts Kubota Ltd announced that its Board of Directors meeting is scheduled to consider and approve the Unaudited Financial Results (Standalone and Consolidated) for the quarter ending June 30, 2026.The company's Board of Directors meeting is set to take place on Monday, August 03, 2026. The meeting will be held to review and approve the financial results for the period. These results are slated to undergo a limited review by the Statutory Auditors of the Company.In addition to the financial update, Escorts Kubota Ltd provided an update regarding the trading window closure for its Designated Persons and their Immediate...

PNB, DIBD Forge Alliance to Unleash AI-Powered Multilingual Banking for Financial Inclusion A landmark Memorandum of Understanding (MoU) has been signed between Punjab National Bank (PNB) and the Digital India BHASHINI Division (DIBD), under the Ministry of Electronics and Information Technology (MeitY). This strategic partnership aims to dramatically advance multilingual Artificial Intelligence (AI) solutions within the banking sector, driving citizen-centric financial services across the nation.The collaboration involves both organizations integrating cutting-edge language technologies into PNB’s extensive digital banking ecosystem. By leveraging BHASHINI's indigenous AI framework, customers will soon be able to access essential...