Markets

ITDC Board Addresses Non-Compliance in Integrated Governance Report Filing India Tourism Development Corporation Limited (ITDC) confirmed that its board addressed an observation regarding non-compliance related to its governance structure, concerning the Integrated Governance Report (IGR) filing for the Quarter ended on March 31, 2026.The matter was reviewed by the ITDC Board during a meeting held on June 30, 2026. The board was apprised of the observations made regarding the non-compliance under SEBI(LODR) Regulations 2015. Specifically, the company faced concerns regarding the minimum number of directors and the requisite number of Independent Directors, including a Woman Independent Director, on its board.ITDC stated that the...

Man Infraconstruction Limited Secures Prestigious 'Builder of the Year' and 'Realty Personality of the Year' Awards Man Infraconstruction Limited (MICL Group), a pioneer in luxury real estate development and infrastructure engineering, has achieved significant recognition at two premier real estate forums for 2026. The company was crowned 'Builder of the Year' by Construction Times Awards 2026, while its Managing Director, Mr. Manan Shah, secured the 'Realty Personality of the Year' distinction at the Bright Awards 2026.These dual accolades highlight MICL Group's continuous growth and momentum in redefining Mumbai’s skyline through ultra-luxury architectural landmarks.The recognition acknowledges both the company's excellence in...

Rajratan Global Wire Limited Receives Latest Tranche of Investment Promotion Assistance Rajratan Global Wire Limited has received the latest tranche of Investment Promotion Assistance (IPA) from the MP Industrial Development Corporation Limited. The assistance falls under the Madhya Pradesh Nivesh Protsahayan Yojana, 2014 / Investment Promotion Assistance Scheme, provided by the Government of Madhya Pradesh Undertaking.The company successfully secured a total sanction of Rs. 22.92 Crores for the IPA. This financial support is offered to Rajratan Global Wire Limited under the terms set by the scheme.As per the agreement, the eligibility period for this assistance spans seven years. The scheme sanctions an annual amount of Rs. 3.27...

Simca Advertising Expands Premium Media Network, Converts Hoardings to LED, Reports 59% Growth in Q1 FY27 Mumbai, July 14, 2026: Simca Advertising Limited, a prominent Mediatech and Digital Out-of-Home (DOOH) advertising company, has significantly expanded its premium media asset portfolio post listing. The company reported that it acquired three new premium media sites and accelerated the transformation of traditional static hoardings into high-value digital LED inventory, while securing a major work order from a leading BFSI client for July 2026.The expansion strategy includes acquiring assets such as a premium static hoarding at JVPD (40x40), alongside new high impact LED locations at Infinity Mall (30x30) and Lower Parel (30x30)...

Tijaria Polypipes Announces 20th AGM Amid Financial Stress and Operational Shifts Tijaria Polypipes Limited has announced details of its 20th Annual General Meeting (AGM) while releasing its annual results for the fiscal year ended March 31, 2026. The company is currently facing significant financial challenges, with the board reporting a loss despite continuing efforts to stabilize operations and resolve long-standing banking disputes.The AGM of Tijaria Polypipes Limited is scheduled for Friday, August 7, 2026, at 11:30 AM at its factory premises in Jaipur, Rajasthan. The meeting is set to address routine matters, including the adoption of financial statements, the reappointment of a director, and the approval of new statutory...

ICRA Reaffirms Ratings for Paramount Communications Ltd.'s Bank Facilities with Stable Outlook Paramount Communications Ltd. has received reaffirmed credit ratings from ICRA Limited concerning its long-term and short-term bank facilities. The rating action, which includes a Stable outlook, pertains to instruments totaling 150.00 Rs. Crore, indicating the company’s financial standing regarding its borrowing capacity.According to the rating details provided by ICRA, the relevant instrument type—Long term/Short term - Fund based/non-fundbased - Others—was assigned a rating of [ICRA]BBB(Stable) / [ICRAJA3+]. This rating was reaffirmed and removed from watch with negative implications, maintaining a Stable outlook.The ratings reviewed by...

Jindal Saw Posts Q1 FY27 Results: Revenue Crosses ₹4,450 Crores as Standalone Profit Stands at ₹109.77 Crores Jindal Saw Limited has released its unaudited financial results for the quarter ending June 30, 2026. The results show robust performance across both standalone and consolidated segments.In terms of consolidated operations, Jindal Saw reported a Total Income of ₹4,475.98 crores, with Revenue from operations reaching ₹4,452.31 crores. After accounting for expenses totaling ₹4,327.74 crores, the company registered a Net profit after tax attributable to the Owners of the Holding Company amounting to ₹90.79 crores. The earnings per share (EPS) stood at ₹1.63 on a basic basis.The standalone results mirrored strong performance...

Fabtech Cleanrooms Reports Strong Order Booking and Expands Pipeline Across High-Growth Sectors Fabtech Cleanrooms Ltd. has provided updated business insights for the month ended June 30, 2026, detailing recent order acquisitions and the status of its consolidated order book across diverse high-growth industries, including Pharmaceuticals and Renewable Energy.During June 2026, the company secured total orders worth ₹ 33.79 crore. The orders were distributed primarily across the Pharma sector, which accounted for ₹ 20.36 crore. The remaining orders included ₹ 8.98 crore from Others and ₹ 4.45 crore from Renewable Energy. From a vertical standpoint, HVAC Systems contributed ₹ 17.81 crore, while Cleanroom Partitions secured ₹ 15.98 crore...

Skybridge Interactive Launches Open Offer for Baba Arts Ltd. Shares at Rs. 6 Skybridge Interactive LLP has initiated an open offer to public shareholders of Baba Arts Limited, marking the acquisition phase following a strategic agreement with the company’s Promoters Seller.The transaction involves two parts: the acquisition of shares by Skybridge Interactive LLP from the Promoter Seller and the subsequent public open offer. The Acquirer entered into a Share Purchase Agreement (SPA) dated February 25, 2026, with the Promoter Seller for the purchase of 3,92,00,000 Equity Shares, which represent 74.67% of the company's equity.In parallel, Skybridge Interactive LLP has introduced an open offer aimed at public shareholders. The offer...

Shadowfax Technologies States No Awareness of Negotiations Regarding Flipkart Stake Sale Shadowfax Technologies Limited has clarified its position regarding a news item published by Moneycontrol on July 13, 2026, concerning potential negotiations related to a stake sale by Flipkart in the company.The company confirmed that it is not aware of any negotiations pertaining to the alleged transaction mentioned in the news report.In response to inquiries regarding internal knowledge and market movements, Shadowfax Technologies stated that it is unaware of any information that has not been announced to exchanges which could explain any movement in the trading price of its shares. Furthermore, the company noted that there are no regulatory...

Steelman Telecom Ltd Receives GST Appreciation Certificate for Consistent Regulatory Compliance Steelman Telecom Limited, formerly known as Steelman Telecom Private Limited, has received a GST Appreciation Certificate from the Government of India (Ministry of Finance). This recognition acknowledges the company's sustained commitment to maintaining high standards of regulatory compliance and good corporate governance.The certificate, issued by the Central Board of Indirect Taxes and Customs, honors Steelman Telecom Limited for its consistent fulfillment of Goods and Services Tax (GST) regulations and timely completion of statutory obligations. The appreciation is specifically in recognition of the company's performance during the...

Julien Agro Infratech Submits Application for Promoter Shareholder Reclassification Julien Agro Infratech Ltd has submitted an application seeking approval for the reclassification of certain outgoing promoter/promoter group shareholders. The company initiated this process to change the status of these shareholders from the Promoter Category to the Public Category.The application details the names of the promoters who are seeking this re-classification. While the company issued the intimation, it did not provide specific shareholding data for these individuals in the submitted record.The list of outgoing promoter shareholders seeking re-classification is as follows:Sl. No.Name of the promoter seeking re-classificationNo. of...

Jindal Saw Reports Q1 FY27 Results; Notes Global Market Headwinds and Updates on International Projects Jindal Saw Ltd. released its unaudited financial and operational highlights for the quarter ended June 30, 2026, providing insights into both domestic performance and ongoing international strategic developments amidst geopolitical tensions.Financial Performance Highlights (Standalone) The company's standalone results showed specific trends across various quarters, detailed in millions of rupees (Rs.).ParticularsQ1 FY27 Unaudited (Rs Million)Q4 FY26 Unaudited (Rs Million)Q1 FY26 Unaudited (Rs Million)FY26 Audited (Rs Million)Total Income (#)37,55738,51733,2681,47,445EBITDA3,4104,1315,59618,346Financial Costs...

NESCO Ltd Board Meeting Scheduled to Approve Q1 Financial Results NESCO Ltd has announced a forthcoming meeting of its Board of Directors to review and approve the financial results for the quarter ending June 30, 2026. The company has also confirmed the status of its trading window related to these results.The Board meeting is set to take place on Monday, July 27, 2026. At this meeting, the directors are expected to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.In addition to the board meeting announcement, NESCO confirmed that the trading window for its shares will remain closed from July 1, 2026. This restriction applies to Designated Persons, Connected...

Jindal Saw Limited Reconstitutes Board Committees Including Audit and Risk Management Jindal Saw Limited, in a decision made by its Board of Directors on July 14, 2026, reconstituted several key committees of the Board. The changes pertain to the Audit Committee, the Risk Management Committee, and the Nomination and Remuneration Committee, effective from the date of the meeting.The new composition of the Audit Committee was announced, comprising members with diverse backgrounds.S. No.NameCategoryDesignation1.Shri Satyakam MishraChairpersonIndependent Director2.Shri Sanjeev ShankarMemberIndependent Director3.Shri Girish SharmaMemberIndependent Director4.Dr. Ashutosh KarnatakMemberIndependent DirectorThe Board also...

Crisil Awards 'Strong' ESG Rating to Swaraj Engines LimitedSwaraj Engines Limited has received a rating from Crisil ESG Ratings & Analytics Limited, indicating a 'Strong' category for its environmental, social, and governance (ESG) performance. The rating, assigned by Crisil, is reported as 'Crisil ESG 61'.The assignment relates to the company’s ESG profile based on data pertaining to Financial Year (FY) 2025-26 of Swaraj Engines Limited.According to details released, the report was independently prepared and voluntarily issued by Crisil ESG Ratings & Analytics Limited. The assessment utilized information concerning the company that is available in the public domain.It is noted that while the rating has been assigned, Swaraj...

Titan Company Announces Board Meeting to Approve Q2026 Unaudited Financial Results Titan Company Ltd has scheduled a Board meeting to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company confirmed that these results will be published immediately following the conclusion of the meeting.The Board of Directors meeting is set for Friday, August 7, 2026. During this meeting, both the standalone and consolidated unaudited financial results for the specified quarter will be reviewed and approved by the Board.In relation to corporate trading protocols, Titan Company disclosed that the Trading Window for Designated persons and their Immediate Relatives has been closed starting June 23, 2026...

Yaap Digital Limited Appoints Laxmiraj Seetharam Nayak as Chairman & Managing Director, Reconstitutes Board Committees Yaap Digital Limited, formerly known as Yaap Digital Private Limited, has announced significant changes to its board structure. Following a board meeting held on July 14, 2026, the company appointed Mr. Laxmiraj Seetharam Nayak as an Additional Director and Chairman & Managing Director, alongside reconstituting three key board committees.The appointment of Mr. Nayak comes in response to the sudden demise of Mr. Atul Hegde, who previously held the role of Chairman & Managing Director. His appointment is intended to oversee the day-to-day affairs of the company.Key Appointments and Tenure Details Mr. Laxmiraj...

GP Eco Solutions Secures Orders Worth ₹ 72 Crore in Renewable Energy Project Components GP Eco Solutions India Limited has secured Letters of Award and a Memorandum of Understanding (MOU) from two domestic entities, representing orders totaling ₹ 72,05,75,000. This business development is attributed to its wholly owned subsidiary, Invergy India Private Limited, with the deals aimed at strengthening and scaling renewable energy projects.The contracts encompass various aspects of renewable power generation technology, including photovoltaic inverters and Battery Energy Storage System (BESS) components. The orders are set to be executed across different timelines, ranging from late 2026 through early 2027.Details regarding the received...

Purple Finance Ltd Board Meeting Scheduled to Approve Q2 Results and Review Major Fundraising Plans Purple Finance Limited has announced that its Board of Directors will convene a meeting on Tuesday, July 21, 2026. The gathering is scheduled at the company's Corporate Office and aims to review the recent financial performance and consider critical plans for future capital raising.The agenda items set before the board include the consideration and approval of the Unaudited Financial Results along with a Limited Review Report for the quarter that ended June 30, 2026. This decision addresses the company's operational status for the second quarter.A major item slated for discussion is the plan for fundraising through the issuance of...