Markets

Viji Finance Ltd Approves Major Director Changes, Capital Increase; Releases Quarterly Financial Results Viji Finance Ltd conducted a Board meeting on July 14, 2026, during which it approved several key corporate actions, including significant changes in its directorial structure and an increase in authorized share capital. The company also released its unaudited financial results for the quarter ended June 30, 2026.Key Board Decisions and Corporate Actions The meeting resulted in several material decisions concerning the company's leadership and structure:New Appointment: Mr. Aryaman Kothari (DIN: 09324877) was approved as an Additional Director and Whole-Time Director for a period of three years, effective from July 14, 2026...

L&T Finance Approves Support for Nabha Power Limited Re-classification Request L&T Finance Ltd has affirmed its support for Nabha Power Limited (NPL) regarding NPL’s application for re-classification in the stock market. The company's Board of Directors granted approval concerning the request submitted by Nabha Power Limited.The requested change pertains to NPL’s corporate structure and listing status, seeking re-classification from the 'Promoter Group' category to 'Public' category. This move relates directly to the regulatory framework governing public companies and listing obligations.LTF Stock Price Movement L&T Finance Limited shares slipped by 2.99% to close on Tuesday at ₹315.30, shedding nearly ₹10 amid selling pressure. The...

Bhagyanagar India Limited issues Corrigendum detailing Ultimate Beneficial Owners for EGM Allottees Bhagyanagar India Limited has released a corrigendum to its Extraordinary General Meeting (EGM) Notice, originally dated 30.06.2026, which is scheduled for 23.07.2026. The notice amendment addresses the identity of natural persons who are ultimate beneficial owners or control over the proposed allottees and securities mentioned in the original EGM notice.The corrigendum provides detailed information concerning the UBOs of various entities slated to be allotted securities. The details include QIBs, institutional funds, and individual members.Key information regarding the Ultimate Beneficial Owner (UBO) or controller for each proposed...

Epigral Limited's Bank Facilities Rated by CRISIL; Long Term and Short Term Ratings Reaffirmed Epigral Limited has received revised ratings from CRISIL Ratings for its bank facilities. The rating details, issued on July 13, 2026, confirm the standing of the company regarding its lending commitments.CRISIL assigned these updated ratings to a total bank loan facility amounting to Rs. 1050 Crore. The ratings cover both long-term and short-term aspects of the facilities.The financial ratings issued by CRISIL Ratings are detailed below:Rating CategoryFacilities RatedRating StatusTotal Bank Loan FacilitiesRs. 1050 CroreN/ALong Term Rating CRISIL AA/Stable (Reaffirmed)Short Term Rating CRISIL A1+ (Reaffirmed)The ratings...

Kirloskar Ferrous Industries Issues Notice to Members Regarding Annual General Meeting Kirloskar Industries Limited reported updates regarding its material subsidiary, Kirloskar Ferrous Industries Limited (KFIL). The company confirmed that KIL had received an intimation from KFIL concerning a significant corporate event.The subsidiary, Kirloskar Ferrous Industries Limited, has issued a Notice to Members related to the upcoming annual general meeting, e-voting procedures, and the designated record date.In compliance with required disclosures, the notice was published on July 14, 2026. The publication covered both English and Marathi language newspapers. The venues listed for the public notice included:The Financial Express...

REC Limited Faces Fines Over Board Composition Non-Compliance as Company Seeks Waiver REC Limited, a Government of India Enterprise, has faced financial penalties imposed by major Stock Exchanges regarding the composition of its Board of Directors for the quarter ended March 31, 2026. The fines relate to non-compliance with provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The Boards of REC Limited reviewed the matter following notices received from the National Stock Exchange of India (NSE) and BSE. These reviews concerned the Company's failure to comply with requirements pertaining to Board composition as stipulated under the Listing Regulations.Financial Details of Fines LeviedThe fines...

CARE Ratings Reviews GHCL Textiles Ltd’s Credit Ratings for Bank Facilities; Reaffirms Portions of Ratings GHCL Textiles Limited has received an update from CARE Ratings Limited regarding the credit ratings assigned and reaffirmed for various bank facilities provided to the company. The rating review was conducted based on recent developments, including the operational and financial performance of GHCL Textiles Ltd for FY26 (Audited).CARE Ratings Limited reviewed the facilities and assigned or reaffirmed the credit ratings as follows:FacilitiesAmountRating ActionDetailsLong Term Bank Facilities50.00 Rs. CroreAssignedCARE A; StableLong Term / Short Term Bank Facilities450.00 Rs. CroreReaffirmedReduced from 500.00; Rated CARE...

Samvardhana Motherson International Completes Acquisition of 11% Stake in Shinnichi Kogyo Co., Ltd. Samvardhana Motherson International Limited has successfully completed the acquisition of a stake in Shinnichi Kogyo Co., Ltd. This transaction concludes the company's stake expansion across related Japanese entities.The transaction involves Samvardhana Motherson International Limited (Company), through its indirect wholly owned subsidiary, Motherson Global Investments B.V. (MGI BV). MGI BV holds an 81% stake in Yutaka Giken Co., Ltd. (YGCL), which was listed on the Tokyo Stock Exchange. Shinnichi Kogyo is a subsidiary of YGCL, with YGCL holding a 62% ownership stake.The completion relates specifically to the acquisition of an 11%...

PDS Limited and Busana Apparel Group Announce Strategic Partnership in Global Apparel Manufacturing PDS Limited, a global fashion supply chain solutions company, and Busana Apparel Group, one of Indonesia's leading apparel manufacturers, have announced a strategic partnership aimed at building the next generation of global apparel manufacturing capabilities. This collaboration aims to strengthen PDS' existing global ecosystem as the industry experiences significant shifts in sourcing dynamics worldwide.The initiative responds to evolving trends in global trade, regional economic partnerships, and the acceleration of "China Plus One" strategies, which are reshaping supply chains and creating a high demand for agile, resilient...

L&T Technology Services Partners with Anthropic to Drive Engineering Intelligence through AI Integration L&T Technology Services Limited has formed a strategic partnership with Anthropic to integrate Claude models into its platform ecosystem, significantly accelerating Engineering Intelligence for products and manufacturing clients. This collaboration aims to fundamentally redesign engineering work, moving beyond simple task automation to enable faster decision-making and streamline workflows for enterprise clients globally.LTTS will leverage the integration of Claude across its suite of AI-powered platforms, including AgenticIQ, PlxAI, Ainfonix™, AiNexus, and AiTest. The partnership enables LTTS to enhance engineering processes...

IndiaMART InterMESH Ltd Board Meeting Scheduled to Approve Q4 Financial Results; Trading Window Closed IndiaMART InterMESH Ltd has announced that its Board of Directors will convene on Tuesday, July 21, 2026, with the agenda including the consideration and approval of the Audited Consolidated and Standalone Financial Results for the quarter ended June 30, 2026.The company also informed stakeholders about the closure of the trading window for its equity shares in accordance with its Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons and their Immediate Relatives. The trading window closed beginning on Wednesday, July 01, 2026.The trading restriction will remain in effect until fortyeight hours following the...

EIH Limited Announces 76th Annual General Meeting and Releases FY2025-26 Annual Report EIH Limited has announced the date for its 76th Annual General Meeting (AGM) of its Members. The company also made available the complete details of the Annual Report for the Financial Year 2025-26.The AGM is scheduled to be held on Friday, August 7, 2026. Shareholders can attend the meeting via Video Conferencing (VC) facility or through Other Audio-Visual Means (OAVM). The meeting is set for 11:30 A.M.EIH Limited has provided stakeholders access to the Annual Report for the Financial Year 2025-26, which contains complete details regarding company operations and performance.The annual report can be accessed via the following web link on the...

Ballarpur Industries Approves Issuance of Non-Convertible Debentures in Private Placement Ballarpur Industries Limited has approved the issuance of a tranche of non-convertible debentures through a private placement. The move aims to raise up to INR 100 crore through debt financing, as decided by the company's Board of Directors.The Board meeting held on July 14, 2026, sanctioned the issue of Listed, Rated, Unsecured Non-Convertible Debentures (NCDs). The proposed issuance involves 100 debentures, with each carrying a face value of INR 1,00,00,000/-. This translates to an aggregate amount up to INR 100,00,00,000/- in the form of these debentures.The company confirmed that these securities will be listed on BSE Limited and/or...

India Ratings Assigns IND AA-/Rating to Goodluck India Limited's Bank Facilities Goodluck India Limited has received a new credit rating from India Ratings & Research concerning its bank facilities. The agency assigned the rating of IND AA-/stable/IND A1+ for the company's total bank loan facilities.The rating provides insight into the financial standing secured against these facilities. As per the agency’s summary, the rating applies to a comprehensive facility base valued at Rs. 11,500 Million.Key details regarding the credit rating are presented below:Total Bank Loan Facilities RatedRatingRs. 11,500 MillionIND AA-/stable/IND A1+GOODLUCK Stock Price Movement Goodluck India Limited shares shed 2.69% on Tuesday, settling...

Jammu & Kashmir Bank to Divest 0.50% Stake in PNB MetLife to MetLife International HoldingsThe Jammu & Kashmir Bank Limited has initiated a proposed divestment of equity shares in PNB MetLife India Insurance Company Limited. The Bank plans to sell 1,02,47,348 equity shares, representing 0.50% of the paid-up share capital of PNB MetLife India Insurance Company Limited (PNB MetLife) to MetLife International Holdings, LLC.The proposed transaction has an aggregate value of ₹120,09,89,186/- and the shares are offered at a price of ₹117.20 per equity share. The purpose of the divestment is the disposal of a portion of the Bank's existing shareholding in PNB MetLife India Insurance Company Limited.The Board of Directors of Jammu &...

Anand Rathi Announces Q1 FY27 Results: Revenue Grows 22% as Margin Trading Facility Book Expands Anand Rathi Share and Stock Brokers Limited announced its unaudited consolidated financial results for the quarter ended June 30, 2026. The company reported a strong quarterly performance, driven by robust growth in non-broking revenue and significant expansion of the Margin Trading Facility (MTF) book.The company recorded Revenue from Operations expanding 22% year over year (YoY) to ₹ 2,461 million. EBITDA grew 30% YoY, reaching ₹ 973 million, resulting in an EBITDA margin of 39.5%. Profit After Tax (PAT) before exceptional items increased by 71%, amounting to ₹ 390.6 million, while PAT after exceptional items stood at ₹ 233.5 million...

OnMobile Global Limited Announces Details for 26th Annual General Meeting OnMobile Global Limited has scheduled its 26th Annual General Meeting (AGM) and released details regarding the access of its Annual Report for the Financial Year 2025-26.The AGM is set to be held on Tuesday, August 11, 2026. The meeting will take place at 4:00 PM IST and will utilize Video Conferencing (VC) or Other Audio Visual Means (OAVM).Shareholders were informed that the Annual Report for the Financial Year 2025-26, along with the Notice convening the AGM, are available. Those shareholders who have registered their email address with the Company, Registrar and Transfer Agent (RTA), will receive these documents via email.For all other stakeholders, a...

CARE Upgrades RBL Bank's Tier II Bonds to AAA following Capital Infusion by Emirates NBD CARE Ratings Limited has upgraded the rating assigned to long-term instruments of RBL Bank Limited (RB) to 'CARE AAA; Stable,' while reaffirming its rating for Certificate of Deposit. The rating action comes after assessing the standalone financial and operational performance of the bank, taking into account linkages with promoter and majority shareholder, Emirates NBD PJSC (ENBD).The upgrade reflects a significant strengthening of RBL Bank's capitalization profile following a capital infusion of approximately ₹26,016 crore by ENBD. As a result of this injection, the bank’s net worth increased to approximately ₹42,000 crore as of June 30, 2026...

OnMobile Global Limited Announces Book Closure for 26th Annual General Meeting OnMobile Global Limited has announced the book closure period for its equity shares in connection with the upcoming 26th Annual General Meeting (AGM). The company specified the timeline for shareholders to be recorded for the purpose of the AGM, which is scheduled to take place on August 11, 2026.The Register of Members and Share Transfer Books of OnMobile Global Limited will be closed from Wednesday, August 05, 2026, to Tuesday, August 11, 2026. This period is designated for ascertaining the members eligible for the AGM.The cut-off date set to determine the list of shareholders who are eligible to vote electronically or at the meeting is August 04, 2026...

Maruti Suzuki India Launches Bookings for The New Brezza, Citing Segment Leadership Maruti Suzuki India Limited (MSIL), a leading passenger vehicle manufacturer in India, has commenced bookings for The New Brezza. This launch marks a significant step for the compact SUV, promising new features and enhanced excitement in the competitive SUV segment.Since its introduction in 2016, the Brezza has been recognized as one of the foremost choices for Indian customers, holding the status of India's Highest Selling Compact SUV, according to JATO dynamics certification covering the period from February 2015 to May 2026.Speaking on the release, Mr Partho Banerjee, Senior Executive Officer, Marketing & Sales at Maruti Suzuki India Limited...