Markets

Stanrose Mafatlal Investments & Finance Ltd Holds 46th Annual General Meeting Stanrose Mafatlal Investments & Finance Limited held the proceedings of its 46th Annual General Meeting (AGM) on July 14, 2026. The meeting was chaired by Shri M. J. Mehta, Non-Independent Director and CEO.The Chairman initiated the meeting after confirming that the requisite quorum was present. Directors, Statutory Auditors, Secretarial Auditors, and Key Managerial Personnel (KMPs) were in attendance.Meeting Timeline and Outcomes The company conducted remote e-voting from Saturday, July 11, 2026, to Monday, July 13, 2026. The AGM commenced at 3:00 P.M. and concluded at 3:15 P.M.During the meeting, members approved several items of business through...

Tahmar Enterprises clarifies timeline regarding receipt of Notice under SARFAESI Act Tahmar Enterprises Ltd has provided additional information concerning the receipt of a notice issued under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). This clarification pertains to an event previously announced by the company on July 10, 2026.The management of Tahmar Enterprises confirmed that the notice came to their knowledge on July 9, 2026, after completing internal processes. The company assessed the materiality of this event immediately upon becoming aware and made the requisite disclosure to the Stock Exchange on July 10, 2026.This timeline confirms...

Thermax Ltd. Board Meeting Scheduled to Approve Q1 Un-Audited Financial Results Thermax Limited has scheduled a meeting of its Board of Directors to consider and approve the un-audited financial results for the quarter ended June 30, 2026.The Board meeting is set to take place on Thursday, July 30, 2026. The agenda includes reviewing the company's segment-wise financial results alongside the overall un-audited figures for the specified quarter.Separately, Thermax has provided an update regarding its trading window. As previously communicated in a letter dated June 26, 2026 concerning the closure of the Trading Window, the window will be opened 48 hours after the declaration of the financial results for the quarter ended June 30...

Bhagwati Autocast Ltd Schedules Board Meeting for Q1 Results and Issues Trading Window UpdateBhagwati Autocast Ltd has scheduled a Board of Directors meeting to review and approve its un-audited standalone financial results for the quarter ending June 30, 2026. The meeting is set to take place on Wednesday, July 22, 2026.The agenda for the board includes considering and approving the aforementioned quarterly financial performance.In addition to the management activities, the company has provided an update regarding the trading window status. As a continuation of previous communications, the trading period has been closed for promoters, senior management personnel, their immediate relatives, and other connected persons effective...

Hathway Bhawani Cabletel Appoints Ravi Goyal as Chief Financial Officer Hathway Bhawani Cabletel & Datacom Ltd has appointed Mr. Ravi Goyal as the Chief Financial Officer (CFO) and a Key Managerial Personnel of the company, effective from July 15, 2026.Mr. Goyal, who holds an MBA degree, brings over 33 years of experience in Finance and Accounts across the Telecom, Infrastructure, and Media sectors. His prior experience includes leadership roles at Dilip Buildcon Limited, Aircel Limited, Bharti Airtel Limited, and Prakash Industries Limited.The Chief Financial Officer has extensive domain expertise covering various financial areas, including Financial Controllership, Financial Operations, Revenue Accounting, GST matters, Audit and...

Sulabh Engineers & Services Ltd Approves Unaudited Financial Results for Q1 FY27 Sulabh Engineers & Services Ltd has announced the outcomes of its Board of Directors meeting held on July 14, 2026. The company approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026, alongside several other operational updates.The Board meeting covered the approval of the results, the acceptance of the Limited Review Report issued by M/s Ranjit Jain & Co., and taking on record the Secretarial Auditor's Reports for the current and subsidiary companies.Financial Performance Highlights (Q1 FY27) The Unaudited Financial Results reflect key performance indicators across both standalone and consolidated...

India Achieves Major Breakthrough in Global Trade: Codex Ratifies Seven New Food Standards, Boosts Agri-Exporters India cemented its position as a global leader in food security and scientific standardization at the 49th Session of the Codex Alimentarius Commission (CAC49) held in Geneva. This significant outcome reinforces India's proactive commitment to developing internationally harmonized standards, providing crucial backing for the nation's agricultural trade sector.The Indian delegation, led by Shri Rajit Punhani, Chief Executive Officer of Food Safety and Standards Authority of India (FSSAI), worked closely with technical experts from FSSAI and Spices Board throughout the critical deliberations. The Commission adopted several...

Central Pollution Control Board Orders Kalyani Steels to Close Karnataka PlantKalyani Steels Ltd has been directed by the Central Pollution Control Board (CPCB) regarding the operations of its plant located in Karnataka. The announcement concerns the closure of the company's facility situated at Hospet Road, Village Ginigera, Talula & District Koppal, Karnataka - 583 228.The directive from the CPCB was communicated to Kalyani Steels Ltd, concerning the plant operations. This instruction relates to a corporate announcement submitted by the company on July 13, 2026.KSL Stock Price Movement Kalyani Steels Limited shed 4.86% today in the post-market session, settling at ₹926.15 amid trading volume of 97,190 shares. The stock's...

Mastek Ltd Allots 1,625 Equity Shares Under Employee Stock Option Plan; Paid-Up Capital Increases Mastek Ltd has increased its paid up share capital following the allotment of equity shares to eligible employees who exercised their vested options under the company’s Employee Stock Option Plans (ESOP). The Board of Directors' Stakeholder's Relationship Committee approved the allotment of 1,625 Equity Shares, which are set to rank pari-passu with existing Equity Shares in all respects.The increase in capital pertains to shares allotted pursuant to ESOP Plan VI and ESOP Plan VII. These newly issued shares carry a face value of Rs. 5 each.The allotment has updated the company's total share count and paid up capital. Prior to this issue...

Innovision Limited Awarded Contract for Kishangarh Toll Plaza Management and Maintenance Innovision Limited has secured a significant contract with the National Highways Authority of India (NHAI) for the management and upkeep of the Kishangarh Toll Plaza in Rajasthan. The award, granted on July 13, 2026, positions Innovision as the user fee collection agency for the toll plaza and the maintenance provider for adjacent toilet blocks.The contract details an engagement for competitive bidding through an e-tender process, designated under tender ID NHAI/13013/547/CO/26-27/CB/Kishangarh Fee Plaza/E197601/R1736. The scope of work involves not only toll collection but also the maintenance of all facilities, including the recouping of...

Anant Raj Limited Releases Sustainability Report for FY 2025-26; Highlights Focus on ESG Goals Anant Raj Limited has released its Business Responsibility and Sustainability (BRSR) Report for the financial year 2025-26. The report provides a detailed look into the company's operations, products, employee welfare, environmental management, and corporate governance practices during the fiscal year.Operational and Product Overview Anant Raj Limited is primarily engaged in real estate activities, with all business activity amounting to 100% of turnover. Its main service offerings include the construction of buildings (93.23% of total turnover), residential projects, commercial developments, and integrated cities. Additionally, the company...

Senior Leadership Vacuum at Kotak Mahindra Bank as Commercial Banking Head Manish Kothari Steps Down The outflow of senior executives continues from Kotak Mahindra Bank, with the resignation of Manish Kothari, head of commercial banking business, marking a significant leadership shift at the private lender. The development represents the second high-profile exit this year alone, following the decision by Managing Director and CEO Ashok Vaswani that he would not seek reappointment for a second term.Kothari’s departure is part of a series of executive changes impacting the organization's senior ranks. Earlier this year, Chief Technology Officer Bhavnish Lathia also resigned after citing personal reasons and his move to the United...

CFO of Jolly Plastic Industries Ltd Resigns, Transitions to Non-Executive Director Role Jolly Plastic Industries Limited has announced a change in leadership structure, with Braj Mohan Singh resigning from the position of Chief Financial Officer (CFO). The company confirmed that Mr. Singh, who holds DIN 05229527, tendered his resignation effective from June 12, 2026.The departure from the CFO role was attributed to a change in role within Jolly Plastic Industries Limited. Following this transition, the Board of Directors officially recognized his continued association with the company in a new capacity.According to details provided by the company, Mr. Singh assumed the role of Non-Executive Director effective subsequent to the...

Wage Strike Threatens Cash Availability: Industry Peers Warn Banks and ATMs Face Impact A labor strike involving cash replenishment staff employed by companies such as CMS InfoSystems and Hitachi Payment Services is anticipated to significantly affect cash loading operations, prompting industry players to issue warnings regarding potential shortages at Automated Teller Machines (ATMs) and in public sector banks.The current dispute involves a demand for wage revision among the cash-loading personnel across Delhi, Haryana, and Uttar Pradesh. While the strike is already underway in these northern states, sources suggest that its impact may extend to southern regions, including Karnataka.Industry Impact and ATM Trends Industry observers...

A-1 Ltd Appoints SVRP&CO. as Internal Auditor for Fiscal Year 2026-27 A-1 Ltd has appointed M/s S V R P & CO. as its Internal auditor for the fiscal year 2026-27, following a resolution passed by its Board of Directors on July 14, 2026.The appointment was confirmed during the Board meeting held at the registered office of A-1 Ltd. The company disclosed that S V R P & CO. will serve as the Internal auditor for the specified period.M/s S V R P & CO. is a firm with experience in statutory and tax audits, auditing and assurance services, income tax returns for companies and firms, and internal audit processes. The details of the appointed firm are provided below:ParticularDetailsName of FirmSVRP&CO.FRN152226WAddress85 City...

Ujjivan Small Finance Bank Clarifies Performance-Based Conditions for RSU Plan Ujjivan Small Finance Bank Ltd has issued a detailed clarification to Institutional Investor Advisory Services (IiAS) concerning the Restricted Stock Units (RSU) Plan proposed in its 10th Annual General Meeting notice. The clarification addresses IiAS's concerns regarding the vesting conditions and structure of the incentive scheme for senior leadership.The RSU Scheme-2026, which was put forward for shareholder approval, involves up to 20.0 million RSUs proposed for grant to the senior leadership team. This resolution is noted to result in a 1.0% dilution on the expanded capital base.IiAS had previously questioned the resolution, citing concerns over the...

Ministry Launches Eighth Tranche of Mineral Auction to Secure Critical Resources for Clean Energy Transition The Ministry of Mines is set to launch the Eighth Tranche of its auction for critical and strategic mineral blocks, signaling a massive push towards securing essential resources needed for India's green growth trajectory. The event is scheduled for July 15, 2026, with Union Minister Shri G. Kishan Reddy unveiling the tranche in New Delhi.Critical Minerals Portfolio Details Eighth Auction Tranche This eighth auction tranche includes twenty critical and strategic mineral blocks distributed across nine states. A key aspect of this tranche is that it offers seven previously auctioned blocks under a second attempt. The diverse...

Surat Trade and Mercantile Ltd to Hold EGM on August 10 Amid Key Appointments and Approvals Surat Trade and Mercantile Ltd announced several significant corporate actions as it prepares for its First Extra-Ordinary General Meeting (EGM) of the Financial Year 2026-27. The EGM is scheduled to take place on Monday, August 10, 2026, utilizing Video Conferencing (VC) or Other Audio Visual Means (OAVM).The company set July 18, 2026, as the cut-off date for shareholder participation in the EGM.A key administrative appointment disclosed is the selection of Mr. Jigar Vyas, from Jigar Vyas & Associates, a Company Secretary in Practice based in Surat, to serve as Scrutinizer for the e-voting and remote e-voting processes at the meeting...

Syngene International Announces Change in Senior Management Personnel Syngene International Limited has announced a change regarding its senior management personnel. Mr. Surender Sharma, who serves as General Counsel and is a member of the Executive Committee, will be leaving the company.The departure of Mr. Sharma was effective from close of business hours on July 15, 2026. The decision to part ways was reached through mutual consent.Details regarding the personnel change, including his former role and the reason for his exit, are as follows:ParticularsDetailsPersonnel NameSurender SharmaRoleGeneral Counsel and Executive Committee Member (Senior Management Personnel)Effective Date of DepartureJuly 15, 2026Reason for...

Action Construction Equipment Limited to Host Conference Call Following Q1 FY27 Results Announcement Action Construction Equipment Limited has scheduled a conference call meeting following the announcement of its Q1 FY27 results. The event is set for Tuesday, July 21, 2026, at 4:00 PM IST.The company's financial performance details will be discussed during the conference call, which is being hosted by Anand Rathi Research. Key participants from Action Construction Equipment Limited who are scheduled to attend include Mr. Sorab Agarwal, Executive Director; Mr. Rajan Luthra, Chief Financial Officer; and Mr. Vyom Agarwal, President.The conference call aims to provide stakeholders with information regarding the results announced on July...