Markets

Seamec Ltd Approves Sale of Vessel 'SEAMEC GALLANT' to Hong Kong Buyer Seamec Ltd has approved the sale of its vessel, 'SEAMEC GALLANT', to M/s Bo Yuan Han Limited of Hong Kong for a gross consideration of USD 9.5 million. The transaction involves SEAMEC International FZE, which is a wholly owned subsidiary of Seamec Ltd.The Board of Directors reviewed and approved the sale during its meeting held on July 14, 2026.Details of the sale are as follows:ItemDetailsVessel NameSEAMEC GALLANTSeller/OwnerSeamec International FZE (wholly owned subsidiary)BuyerM/s Bo Yuan Han Limited, Hong KongGross ConsiderationUSD 9.5 millionThe Board meeting commenced at 17:00 hours and concluded at 18:20 hours on July 14, 2026...

Sungold Capital Ltd Announces Board Meeting for Q1 Results and Audited Review Report Sungold Capital Ltd has announced a board meeting scheduled to address the unaudited financial results and the limited review report of the company for the quarter ended June 30, 2026.The Board of Directors is set to convene on Thursday, July 23, 2026, at the registered office of the company. The meeting aims to consider and approve several key aspects relating to the company's performance during the quarter.Key items scheduled for discussion include:Approving the Unaudited Financial Results (Standalone) of the Company for the Quarter ended June 30, 2026. Noting the Limited Review Report of the Financial Results for the Quarter ended June 30...

ITDC Addresses Governance Compliance Concerns Regarding Board Composition India Tourism Development Corporation Ltd (ITDC) has addressed concerns raised regarding non-compliance within its governance structure, specifically related to the composition of its board. The matter was reviewed by the company's Board following a directive concerning an Integrated Governance Report filing for the quarter ending 31.03.2026.The Board meeting held on 30.06.2026 reviewed the observations pertaining to ITDC’s governance status. The non-compliance noted related to not having the minimum requisite number of directors and Independent Directors, including a woman Independent Director on the board.ITDC stated that its directors are appointed by the...

Royal Sense Ltd Fixes Board Meeting to Discuss Capital Increase and Fund Raising PlansRoyal Sense Ltd has scheduled its Board of Directors meeting for Friday, July 17, 2026, at the company's Registered office. The meeting is set to address several key strategic items related to the company's capital structure and future funding requirements.Among the primary agendas are two crucial matters concerning corporate growth and financial flexibility. First, the Board is required to consider and approve an increase in the Authorised Share Capital of the company. This action includes consequent alteration of the Capital Clause of the Memorandum of Association, subject to necessary shareholder approval.The second significant item on the...

Kirloskar Pneumatic to Hold Board Meeting for Unaudited Financial Results Kirloskar Pneumatic Company Ltd has scheduled a meeting of its Board of Directors to consider and approve the standalone and consolidated Unaudited Financial Results for the quarter ended on June 30, 2026.The Board meeting is set to take place on Tuesday, July 21, 2026. During this session, the company plans to review and ratify the financial performance corresponding to the period ending June 30, 2026.In addition to the board announcement, Kirloskar Pneumatic has confirmed the duration of its trading blackout period. The company's securities trading window has been closed since July 1, 2026, and is scheduled to remain closed until Thursday, July 23, 2026, in...

Anand Rathi Reports Q1 FY27 Results; Revenue Grows 22% While AUM Reaches ₹94,791 Million Anand Rathi Share and Stock Brokers Limited (ARSSBL) has announced its unaudited consolidated financial results for the quarter ended June 30, 2026. The company reported a substantial rise in revenue from operations, while Assets under Management (AUM) continued to expand.The brokerage firm recorded Revenue from Operations of ₹2,461 million in Q1 FY27, marking a 22% year-on-year increase compared to the previous year's corresponding period. Earnings before interest and taxes (EBITDA) rose by 30%, reaching ₹973 million, resulting in an EBITDA margin of 39.5%.The Profit After Tax (PAT) before exceptional items saw a significant increase of 71%...

Gujarat Cotex Ltd Announces Board Meeting to Discuss Q1 Results and Director Resignation Gujarat Cotex Ltd has scheduled a meeting of its Board of Directors for Tuesday, July 21, 2026, at the company's office. The meeting is slated to address several key corporate matters, including the review of first-quarter financial performance and important personnel changes.The agenda items set for the board meeting include considering and approving the un-audited financial results corresponding to the first quarter that concluded on June 30, 2026.Furthermore, the Board is scheduled to take note of the resignation of Mr. Monil Navinchandra Vora from his position as an Independent Director of Gujarat Cotex Ltd.Stock Price Movement Gujarat...

Anant Raj Limited Schedules 41st AGM and Releases FY2025-26 Annual Report Details Anant Raj Limited has announced the details for its 41st Annual General Meeting (AGM), scheduled for August 7, 2026. The company also made available the Annual Report for the financial year 2025-2026 and provided key information regarding the final dividend and AGM participation timelines.The AGM is set to be held on Friday, August 7, 2026, at 10:00 A.M. (IST) at the company’s Registered Office located in IMT Manesar, Gurugram, Haryana. The meeting will address business as outlined in the Notice of the AGM.Financial and Report Details The Annual Report for the financial year 2025-2026 is accessible to shareholders through the company's website. Key...

RRP Semiconductor Ltd to Hold Board Meeting to Appoint Statutory Auditor RRP Semiconductor Ltd, formerly known as G.D. Trading and Agencies Limited, has scheduled a board meeting to address the appointment of its statutory auditor.The company announced that the board meeting is set to be held on Monday, July 20, 2026, at 4:00 P.M. The meeting will take place at the registered office and will be conducted in a hybrid mode.The primary agenda item for the board includes the appointment of the Statutory Auditor. The company intends to also consider any other matters with the permission of the chairman during this meeting.Stock Price Movement RRP Semiconductor Ltd. settled on a negative note, dipping by ₹89.80 or 1.00% as the stock...

Smarten Power Systems Announces Key Appointments, Sets Dates for Annual General Meeting Smarten Power Systems Limited, formerly known as Smarten Power Systems Private Limited, confirmed several key appointments and scheduled its forthcoming Annual General Meeting (AGM) following a Board meeting held on July 14, 2026. The board decisions included the appointment of a new Chief Operating Officer and the selection of external auditors for governance functions.The company appointed Mr. Ranjit Singh as the Chief Operating Officer (COO) and Senior Management Personnel (SMP), effective August 01, 2026. This appointment followed a recommendation by the Nomination and Remuneration Committee.In terms of specialized appointments, the board...

Sona BLW Precision Forgings Allots Equity Shares Under ESOP Plan 2023; Issued Capital IncreasesSona BLW Precision Forgings Limited announced the allotment of equity shares to eligible employees following the exercise of vested options under the Sona Employee Stock Option Plan 2023 (ESOP Plan). The allotment, approved by the company's Nomination and Remuneration Committee on July 14, 2026, involved a total of 6,62,301 equity shares.The allotted equity shares were granted to employees who exercised their vested options under the ESOP Plan. These new shares carry a face value of Rs. 10/- each and are fully paid up. The company affirmed that these newly allotted equity shares will rank pari passu with all existing equity shares in every...

HEC Infra Projects Limited Approves Formation of New Subsidiary for Technical Services The Board of Directors of HEC Infra Projects Limited has decided to form a new subsidiary, 'Shivam Grid Solutions Private Limited,' dedicated to undertaking business activities related to professional support services. The decision was made during the Board meeting held on July 14, 2026.The newly formed entity will focus on providing comprehensive electrical, mechanical, and engineering support services. Furthermore, the subsidiary's scope includes supplying technical manpower services within these fields.HEC Infra Projects Limited intends to incorporate this new company in India. The proposed subsidiary is set up as a subsidiary of the listed...

PC Jeweller Cleared in Tribunal Ruling: Allegations Over Customs Duty Dropped PC Jeweller Ltd has received favorable news following an order passed by the Principal Bench of the Customs, Excise & Service Tax Appellate Tribunal, New Delhi. The tribunal ruled that allegations made against the company and its Managing Director were incorrect, leading to the dropping of the proceedings related to the matter.The decision was announced on July 14, 2026. According to the ruling, the allegations concerning the wrong calculation and payment of custom duty by PC Jeweller on imported jewellery are unsubstantiated, and the associated proceedings have been concluded with consequential relief granted.This legal resolution pertains to earlier...

Committee of Creditors Meets; Discusses CIRP Extension and Costs for Radhagobind Commercial Ltd The Committee of Creditors (CoC) of Radhagobind Commercial Limited held its 10th meeting on July 14, 2026. The meeting was chaired by the Resolution Professional (RP), Mr. Najeeb T P.During the proceedings, standard procedural items were addressed, including the roll call of participants and ascertaining the quorum. Members also took note of any leave of absence.The primary focus of the meeting involved discussing the progress of the Corporate Insolvency Resolution Process (CIRP). Discussions centered on the status related to a previous NCLT order reserved for extension and the subsequent actions undertaken by the Resolution Professional...

GenXAI Analytics Limited Appoints NeoAtlas Capital Advisory LLP as Investor Relations Strategist GenXAI Analytics Limited has appointed NeoAtlas Capital Advisory LLP, operating under the brand name Atlas Capital, as its Investor Relations and Strategic Advisor, effective July 14, 2026. The company stated that this engagement is designed to strengthen investor outreach and enhance capital markets communication initiatives.The appointment aligns with GenXAI Analytics Limited's commitment to enhancing transparency and better aligning its capital markets communications with the expectations of institutional investors. NeoAtlas Capital Advisory LLP will support the company in strengthening its overall investor engagement framework...

V-Guard Industries Reports on Sustainability and Business Resilience in FY 2025-26 V-Guard Industries Limited has released its comprehensive Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-2026, outlining detailed operational performance, environmental stewardship, and social impact across its global and domestic operations. The report highlights V-Guard’s commitment to ESG integration, risk mitigation, and consumer trust as it navigates evolving industry standards.Business Overview and ScopeV-Guard operates primarily in the Electronics (29%), Electrical (43%), and Consumer Durables (28%) sectors, with core products including stabilizers, PVC insulated cables, and home appliances. The company has...

QGO Finance Ltd Allots Unsecured NCDs Valued at Rs 1 Crore in Private Placement QGO Finance Ltd has completed the allotment of Transferable Unsecured Non-Convertible Debentures (NCDs) as part of a private placement offering. The company allotted 100 such debentures, aggregating to a total value of Rs 1,00,00,000/- (Rupees One Crore Only).The allotment provides an opportunity for eligible investors, and the NCDs are unsecured, unlisted, and designated as redeemable.Key Details of the Allotment The issuance details indicate that the total size of the issue is Rs 6,00,00,000/- (Rupees Six crores Only), while the current allotment amounts to Rs 1,00,00,000/-. The debentures carry a coupon/interest rate of 12% per annum, which will be...

Recode Studios Signs Strategic Deal to Acquire Stake in Premium Beauty Brand Aflairza Ludhiana | 14 July 2026: Recode Studios Limited has entered into a strategic investment term sheet to acquire up to a 51% equity stake in Aflairza Professionals Private Limited, the company that stands behind AFLAIRZA, an emerging premium luxury beauty and cosmetics brand.The proposed acquisition is structured across two phases, involving both a secondary purchase of shares from existing promoters and a primary capital infusion into the business. Through this strategic move, Recode aims to accelerate Aflairza's expansion by strengthening manufacturing capabilities, enhancing distribution networks, expanding its portfolio of premium luxury beauty...

Shree Steel Wire Ropes Announces Leadership Transitions; Anil Sainani Appointed as Director Shree Steel Wire Ropes Limited has seen several changes in its senior management and directorship, including both key appointments and resignations spanning various executive roles.The company confirmed the appointment of Mr. Anil Sainani to the board. Mr. Sainani consented to act as a Director (Managing Director) (KMP) of Shree Steel Wire Ropes Limited, effective July 14, 2026.Several other senior executives announced their departure from the firm:Whole Time Director Resignation: Ra mn aray agtdaddu Tiwari tendered his resignation as Whole Time Director with effect from July 13, 2026. The reason cited for the resignation was ongoing...

CIE Automotive India Schedules Q2CY2026 Results Conference Call CIE Automotive India Limited has scheduled its Q2CY2026 Results Conference Call. The event is set for Thursday, July 23, 2026, to discuss the company's second-quarter performance.The conference call will be hosted by various senior management members of CIE Automotive India Ltd. Attendees representing the company include Ander Arenaza Alvarez, CEO, K. Jayaprakash, CFO, Vikas Sinha, Senior VP - Strategy, and Oroitz Lafuente, Business Controller.The event is scheduled for 12:30 hrs IST. Corresponding timings provided are 09:00 hrs CET and 15:00 hrs HKT.CIEINDIA Stock Price Movement CIE Automotive India Limited shares today slipped by 2.00% to settle at ₹458.55. The...