Markets

Bengal Steel Industries Ltd to Hold Board Meeting to Approve Q1 Financial Results Bengal Steel Industries Ltd has scheduled a meeting of its Board of Directors to review and approve the Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2026.The company announced that the Board meeting will be held on Tuesday, July 21, 2026, at the Registered Office of the Company. The primary agenda item is the consideration and approval of the aforementioned financial results.Stock Price Movement Bengal Steel Industries Ltd settled at ₹0.05 on Friday, ticking up 25.00% from the previous close. The stock traded completely flat throughout the session, with its high and low remaining locked at ₹0.05.

Yash Innoventures Secures Loan Facility of Up To Rs 1.53 Crore from Cholamandalam Investment Yash Innoventures Limited (formerly known as Redex Protech Limited) has secured approval for a significant loan facility from Cholamandalam Investment and Finance Company Limited (CIFCL). The Board of Directors of the company approved the terms, which involve availing a secured loan facility up to Rs 1,53,00,000/- (Rupees One Crore Fifty-Three Lakhs Only) in tranches.The financing agreement allows Yash Innoventures to borrow from CIFCL at an interest rate not exceeding 10.50% per annum for a tenure that does not exceed 168 months. The facility is subject to the provisions of the Companies Act, 2013 and the borrowing limits approved by...

Shera Energy Approves Preferential Allotment of 45 Lakh Fully Convertible Warrants Shera Energy Limited has approved the preferential allotment of Forty-Five Lakh Fully Convertible Warrants (FCW), at an issue price of ₹118/- per warrant. The decision was made by the Board of Directors following a meeting held on July 14, 2026.The FCWs were allotted to various investors, including promoter entities and venture capital funds. Each warrant allows conversion into one Equity Share of face value ₹10/-, within a period of 18 months from the date of allotment, contingent upon payment of the remaining balance consideration.Key Details of the Preferential Allotment The total allocation involved 45,00,000 Warrants at an issue price of ₹118/-...

Cement Stocks Soar! UltraTech, Shree Rally as Nuvoco Vistas Unlocks Strong Outlook for Industry Cement stocks experienced a significant rally on Wednesday, with companies across the sector surging up to 3 percent. The broad-based movement was triggered after peer company Nuvoco Vistas Corp announced strong results for its June quarter. This performance has boosted investor sentiment and reinforced expectations of improved demand and pricing stability in the cement industry.Cement Stocks Rally Following Peer's Strong Results Shares of UltraTech Cement saw a 3 percent rise, while Shree Cement gained 2.5 percent. Ambuja Cements advanced by 1.4 percent, contributing to the widespread sectoral rally. Other stocks like JK Cement and ACC...

BlackRock Surges Past $15 Trillion Assets Amid Massive Inflows and Strategic Shift into Private Markets BlackRock has solidified its position as a global financial behemoth, crossing the $15 trillion asset mark for the first time. The asset manager reported attracting substantial investor inflows in the second quarter, driven largely by soaring demand for its Exchange-Traded Funds (ETFs). This monumental milestone underscores BlackRock’s growing dominance across various investment segments.Financial Performance and Profitability Leap The firm registered strong financial health during the reporting period. Net client cash inflows totaled $192 billion in the second quarter alone, which speaks volumes about investor confidence...

Strategic Maritime Projects Get Go-Ahead as Ministry Sanctions Multi-Billion Rupee Shipbuilding Drive in Gujarat The Shipping ministry has provided crucial in-principle approval for two transformative maritime infrastructure projects in Gujarat. These strategic initiatives are set to significantly boost India's domestic shipbuilding and repair capacities. The ministerial announcement confirms the commitment towards developing key industrial hubs along the Gulf of Kutch, solidifying Gujarat's role as a major naval and commercial manufacturing center.Massive Shipbuilding Cluster Planned for Porbandar District One cornerstone project is the greenfield shipbuilding cluster slated for development in the Porbandar district. This ambitious...

L.T. Elevator Commences Construction of Integrated Manufacturing Facility, Aims for Q4 FY27 Commissioning L.T. Elevator Limited, a provider of elevator solutions and automated parking systems, has officially commenced the construction of its Integrated Manufacturing Facility in West Bengal. The company held the Bhoomi Pujan (Groundbreaking Ceremony) on July 13, 2026, marking the start of site development at its recently acquired land parcel. The new facility is strategically designed to support the company’s expansion and is expected to be commissioned by Q4 FY27.The construction of the integrated facility represents a significant step in L.T. Elevator's strategic growth plans. Upon commissioning, the plant is projected to increase...

India’s Social Safety Net Surges to 1 Billion Individuals as ILO Highlights Global Cooperation Model Gilbert Hungbo, Director General at the International Labour Organization (ILO), announced a significant milestone regarding India's social protection framework on July 15. The report stated that India's social security system now covers one billion individuals, a feat offering valuable lessons for South-South cooperation. This declaration was made during the 12th BRICS Labour & Employment Minister's Meeting in Hyderabad.The discussions at the Ministerial gathering are centered around four critical areas of national importance. These include advancing the formalization and social security aspects of labour markets. Other focus areas...

Mrs. Biji Sreekrishnavilas Sankaranarayanan Appointed as Executive Director of Karnataka BankKarnataka Bank Ltd has appointed Mrs. Biji Sreekrishnavilas Sankaranarayanan as an Executive Director, marking a significant addition to the bank's leadership structure. The appointment follows her earlier designation as an Additional Director and Whole Time Director, with her assuming charge in this executive capacity effective from July 15, 2026.The Bank confirmed that Mrs. Biji Sreekrishnavilas Sankaranarayanan is a Key Managerial Personnel (KMP) effective as of today, July 15, 2026.Mrs. Biji Sreekrishnavilas Sankaranarayanan was appointed on May 19, 2026, and the tenure for this role is set for three years starting from July 15, 2026...

Regency Fincorp Board Approves Issuance of ₹40 Crore Secured NCDs to Strengthen Capital Base Regency Fincorp Ltd, a leading Non-Banking Financial Company (NBFC), announced that its Board of Directors approved the issuance of Secured, Rated, Listed, Redeemable, NonConvertible Debentures (NCDs) aggregating up to ₹40 crore. The approval was granted during a board meeting held on July 14, 2026.The proposed issuance is planned as a private placement and aims to bolster the Company's capital structure while supporting its operations in secured lending and portfolio growth. The total proposal includes a base issue of ₹20 crore and a green shoe option amounting to an additional ₹20 crore.Mr. Gaurav Kumar, Managing Director of Regency...

Neil Industries Ltd approves Un-Audited Financial Results for Quarter Ended June 30, 2026 Neil Industries Limited announced the approval of its un-audited financial results and a limited review report for the quarter ending June 30, 2026. The Board of Directors reviewed and took on record these outcomes during a meeting held on July 15, 2026.The company's board also noted the Limited Review Report for the period, which was issued by M/s R P Khandelwal & Associates, Jaipur.Financial Performance Highlights The un-audited financial results detail various income streams and expenses across the quarter ended June 30, 2026, as well as comparisons to the preceding and corresponding periods. The amounts are reported in Rs. Lakhs.The...

SPL Industries Completes Key Board Decisions, Appoints Statutory and Internal Auditors The board of directors of SPL Industries Limited held a meeting on July 15, 2026, during which it approved several critical governance matters, including the appointment of both internal and statutory auditors for the coming financial years. The company also addressed various operational limits and reviewed the draft notice for its upcoming Annual General Meeting (AGM).During the board session, the appointment of M/s Vatss & Associates was finalized as the Internal Auditor for the Financial Year 2026-27. The firm, which possesses experience in statutory audit, tax advisory, compliance review, and risk management, was appointed to conduct internal...

Dynamic Cables to Hold Board Meeting for Q1 Results Approval and Review Report Dynamic Cables Ltd has scheduled a meeting of its Board of Directors on Monday, July 20, 2026. The primary focus of the meeting is to consider and approve the Un-audited Financial Results of the company for the quarter ended on June 30, 2026. The board will also take on record a Limited Review Report concerning these results.In addition to the financial reporting updates, the company provided details regarding insider trading restrictions. The "Trading Window" for Designated Persons and their immediate relatives has been closed since July 01, 2026. This closure is mandated by the Company's Code of Conduct for Prohibition of Insider Trading and is set to...

Rajputana Industries Limited Approves Q1 Unaudited Results and Limited Review Report Rajputana Industries Limited announced that its Board of Directors has considered and approved the Unaudited Financial Results and the associated Limited Review Report for the quarter ended June 30, 2026. These decisions were formalized during a Board meeting held on Wednesday, July 15, 2026.The board meeting, which took place at the company's registered office, covered several agenda items, including the review and approval of both the Unaudited Financial Results and the Limited Review Report for the quarter ending June 30, 2026.Concurrently, Mohata Baheti & Associates provided an independent review of the company’s Unaudited Standalone Financial...

Jammu & Kashmir Bank Appoints Bansi Lal Saini as Chief Vigilance Officer Jammu and Kashmir Bank Limited has announced the appointment of Mr. Bansi Lal Saini as its Chief Vigilance Officer (CVO). The appointment is effective from July 15, 2026, and is for a term spanning three years.Mr. Saini was selected for the role following a career marked by over 30 years in the banking sector, primarily with State Bank of India (SBI). His experience includes senior leadership roles across business operations, risk management, audit frameworks, and financial inclusion initiatives.The appointment formalizes Mr. Saini's responsibility as Chief Vigilance Officer for J&K Bank.Professional Profile and Experience Mr. Bansi Lal Saini is a...

Niva Bupa Health Insurance Company Receives Refund Sanction Order Reaching ₹22.12 Crores Niva Bupa Health Insurance Company Ltd has secured a significant tax refund following proceedings related to input tax credit disallowance. The company received the Refund Sanction Order from the Office of the Deputy Commissioner of State Tax, Mumbai, on July 14, 2026.The sanction order awards a total refund of ₹22.12 crores to Niva Bupa. This financial resolution pertains to a matter that was previously referenced in the company's prospectus regarding material tax litigation. The dispute involved the disallowance of input tax credit for the period spanning July 2017 to September 2022.The receipt of this order signifies that the matter has been...

Shaival Reality Limited Approves Directors' Report and Schedules 30th Annual General Meeting Shaival Reality Limited announced the outcome of its Board of Directors meeting held on July 15, 2026. During the meeting, the board addressed several key corporate matters and approved essential documents for the financial year.The directors reviewed and approved the report provided by the Secretarial Auditor. Furthermore, the Board signed and accepted the Directors' Report pertaining to the financial year 2025-26.A primary focus of the meeting was the scheduling of the company’s 30th Annual General Meeting (AGM). The AGM is scheduled for Friday, August 7, 2026, at 2:00 p.m. The meeting will be held at the registered office of the company...

HDB Financial Services Records Record Profit After Tax for Q1FY27; Asset Quality Improves HDB Financial Services Limited (HDBFS) reported achieving its highest ever quarterly Profit After Tax of ₹785 crore for the quarter ended June 30, 2026. This figure represents a substantial year-on-year growth of 38.3%. The company also noted that Disbursements for Q1FY27 reached ₹17,629 crore, reflecting a rise of 16.2% year over year (YoY).The unaudited results for the quarter demonstrated strong operational efficiency and improving asset quality across various metrics.Key Financial Performance Highlights HDBFS reported robust growth across its income streams during the quarter. Net interest income rose by 19.9%, increasing from ₹2,092 crore...

Incap Ltd Board Meeting Scheduled to Review Q1 2026 Unaudited Financial Results Incap Ltd has announced that its Board of Directors will convene a meeting on August 1, 2026. The primary agenda item for the gathering is to review, consider, and formally approve the unaudited financial results of the company for the first quarter ended on June 30, 2026.Stock Price Movement As of 15:12, shares of Incap Ltd are ticking up by 3.03% at ₹102.00. Throughout the session, the stock has moved within a range spanning from a low of ₹99.00 to an intraday high of ₹102.00.

Ador Welding Ltd Announces Board Meeting to Discuss Q1 Unaudited Financial Results Ador Welding Ltd has scheduled a Board Meeting to review and approve the company's Unaudited Financial Results (Standalone and Consolidated) for the first quarter ended June 30, 2026. The meeting is set for Tuesday, July 21, 2026.The Company confirmed that the results of the first quarter, which concluded on June 30, 2026, will be considered during this board session.In addition to the board meeting announcement, Ador Welding Ltd provided updates regarding the trading window. The trading period for the company has been closed starting July 1, 2026. This closure is set to remain active until 48 hours following the declaration of the Unaudited Financial...