Markets

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...

AI and Fintech Push: RBI Directs Banking Sector to Elevate Customer Experience Amid Regulatory Review The Reserve Bank of India (RBI) conducted a high-level half-yearly meeting with Managing Directors (MD) and Chief Executive Officers (CEOs) from both Public Sector Banks and select Private Sector Banks. Held in Mumbai on July 14, 2026, the summit zeroed in on balancing rapid digital transformation with prudent risk management across the financial sector.The meeting was chaired by the RBI Governor and attended by Deputy Governors Shri Swaminathan J., Dr. Poonam Gupta, Shri S. C. Murmu, and Shri Rohit Jain. Senior executives from various departments including Supervision, Regulation, Enforcement, Consumer Education, and Financial...

Benares Hotels Reports Strong Q1 FY2027 Results, Citing Revenue Growth Driven by Hotel Inventory Benares Hotels Limited (BHL), a subsidiary of The Indian Hotels Company Limited (IHCL), has announced its financial results for the first quarter ending June 30, 2026. The company demonstrated significant performance, reporting a 31% growth in revenue and robust profitability across key metrics.The Q1 FY 2027 results highlight strong operational execution at the company's properties. Revenue for the period stood at INR 35.2 Cr, compared to INR 26.8 Cr in Q1 FY 2025-2026. EBITDA reached INR 13.8 Cr from INR 11.8 Cr in the previous year, while Profit After Tax (PAT) was reported at INR 8.2 Cr against INR 7.6 Cr for Q1 FY 2025-2026.The...

Yasho Industries Reports on Business Sustainability, Highlights ESG Commitments for FY 2025-26 Yasho Industries Limited has provided its Business Responsibility and Sustainability Report (BRSR) for the financial year ending March 31, 2026. The report details the company’s operational scale, environmental commitments, and workforce management practices across various business segments.The company is involved in the manufacturing and trading of Specialty & Fine Chemicals, which constitutes 100% of its turnover. Its diverse product portfolio includes Food Antioxidants, Aroma Chemicals, Rubber Chemicals, Lubricant Additives, and Specialty Chemicals. These products serve a wide array of industries such as agriculture, automotive...

Vedanta Achieves Record Profits, Completes Historic Demerger as it Charts Ambitious Growth Path Vedanta Limited reported exceptional financial performance for the fiscal year 2025-26, marking a landmark period for the company. The 61st Annual General Meeting (AGM), held on July 14, 2026, featured Chairman Anil Agarwal addressing shareholders as the company transitions into a new era following a historic corporate transformation.The results for FY 2025-26 saw Vedanta record revenue of ₹1,74,075 crore. The company recorded best-ever profit amounting to ₹25,096 crore and achieved an all-time high EBITDA of ₹55,976 crore.A New Chapter: The Impact of Demerger The AGM highlighted that the completion of the demerger marked a pivotal moment...

Shukra Pharmaceuticals Confirms Receipt of Differential Payments for Convertible Equity WarrantsShukra Pharmaceuticals Ltd confirmed the receipt of differential upfront consideration from allottees related to its Convertible Equity Warrants, noting that these payments were made following a re-computation of the issue price. The Board took note of these transactions and confirmed compliance regarding the payment structure outlined in relation to the warrants allotted on January 28, 2026.The company noted that allottees were required to provide an additional upfront amount of Rs. 0.39 per Warrant. This differential consideration aggregated to a total of Rs. 18,10,770/-. The requirement arose due to the re-computation of the warrant...

Nippon Life India Asset Management Receives 'Strong' ESG Rating from ESGRisk.ai Nippon Life India Asset Management Ltd has been awarded an Environmental, Social, and Governance (ESG) rating by ESG Risk Assessments & Insights Limited (ESGRisk.ai). The company received the assessment on July 14, 2026, which reflects its performance across key ESG parameters.The ESG rating assigned to Nippon Life India Asset Management Ltd is '63', placing the firm in the 'Strong' category. This designation covers the Environmental, Social, and Governance aspects of the company’s operations.ESGRisk.ai, identified as a SEBI registered ESG Rating Provider, issued this assessment. Details provided indicate that the report was prepared independently by...

Linde India Invests in Zenataris Renewable Energy for Share Subscription Linde India Limited has completed a significant investment into Zenataris Renewable Energy Private Limited, contributing to the specialized renewable energy sector. The company invested a total of Rs. 699,099,984.30 towards the subscription of equity shares in Zenataris.The transaction was finalized on July 14, 2026. In exchange for the investment, Linde India received 82,93,001 equity shares of Zenataris Renewable Energy Private Limited. These shares were allotted at a premium of Rs. 74.30 each, with a face value of Rs. 10 per share.This current investment constitutes the final tranche of Linde India's planned investment into the Special Purpose Vehicle (SPV)...

Signature Global Reports 25% QoQ Growth in Pre-Sales for Q1 FY27; Enters Branded Residences Market Signature Global (BSE: 543990 | NSE: SIGNATURE), a prominent real estate developer operating across the Delhi-NCR region, has reported strong operational performance for the first quarter of Fiscal Year 2027 (Q1 FY27). The company recorded pre-sales of INR 19.7 billion, reflecting a substantial 25% growth quarter-on-quarter.The results underscore sustained demand across Signature Global's projects and highlight the effectiveness of its execution-led strategy. A key strategic development reported is the brand's foray into the branded residences segment through a collaboration with Tonino Lamborghini Residences, marking the Italian brand's...

Transteel Seating Technologies Secures Orders from Zyeta Private Limited for Workstation Projects Transteel Seating Technologies Limited has received orders from Zyeta Private Limited concerning workstations and the installation of workstations, signaling growth in its business pipeline. The contracts are domestic in nature and are set for completion by August 2026.The orders encompass two distinct components: the supply of workstations and the subsequent services required for their installation. These projects are non-related party transactions, and there is no reported interest from the promoter or promoter group in Zyeta Private Limited.Details regarding the scope and financial commitment of the contracts awarded by Zyeta Private...

Nakoda Group of Industries Limited Allots 52 Lakh Convertible Warrants on Preferential Basis Nakoda Group of Industries Limited announced that its Board of Directors conducted a meeting on July 14, 2026, transacting the preferential allotment of 52,00,000 Convertible Warrants. The transaction was completed under this board meeting following prior approvals and resolutions.The company allotted the warrants at an issue price of 328/- (Rupees Twenty Eight only) per warrant to various entities on a preferential basis. This strategic allotment followed a special resolution passed by Members during an Extra-ordinary General Meeting held earlier in May 2026, after securing In-Principle Approval from listed exchanges.The details of the...

ESG Risk Assessments Limited Assigns Rating of 57 to AWL Agri Business Ltd ESG Risk Assessments and Insights Limited has assigned a rating of '57' to AWL Agri Business Ltd, reflecting the company's performance across Environmental, Social, and Governance parameters.The rating was provided by ESG Risk Assessments and Insights Limited. The assessment evaluates the company's standing on these critical sustainability metrics.AWL Agri Business Ltd, formerly Adani Wilmar Limited, has been assessed based on this rating structure. The reporting agency noted that the rating was independently prepared utilizing data pertaining to FY2025-26 that is available in the public domain.AWL Stock Price Movement Shares of AWL Agri Business Limited...