Markets

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...

Bagmane Prime Office REIT Unitholding Pattern Shows Sponsor Group Holds 3.56% of Units as of June 2026 The unitholding pattern for Bagmane Prime Office REIT, covering the quarter ended June 30, 2026, indicates a dominant concentration in the hands of the sponsor and sponsor group. As per the data, total outstanding units stand at 3,40,00,00,000.The REIT reports that 82.81% of the total units are held by the Sponsor and their associates, while the remaining 17.19% is held by the public segment.Key Holdings Summary The sponsor segment, which includes Indian individuals/HUF, corporate bodies, and financial institutions, accounts for 2,81,55,34,147 units (82.81%). The breakdown of holdings within the Sponsor group shows:Bodies...

International Gemological Institute Ltd Announces Board Meeting for Q1 Financial Results International Gemological Institute Limited (IGI) has scheduled a meeting of its Board of Directors to review and approve the unaudited financial results for the quarter ended June 30, 2026. The board meeting is set to take place on Thursday, July 23, 2026.The primary agenda item for the meeting includes considering and approving both the Standalone and Consolidated Unaudited Financial Results of the company for the specified period. Attendees will also review the Limited Review Report provided by the auditors.Separately, IGI has provided an update regarding trading activity. The trading window for the company's shares was closed starting July...

Exato Technologies Clarifies Equity Price Movement, Attributes Fluctuations to Market Forces Exato Technologies Limited (formerly Exato Technologies Private Limited) has issued a clarification regarding the recent movements in the price of its equity shares. The company addressed queries related to the stock's movement, stating that management is not aware of any undisclosed events or circumstances that could impact the operations or financial prospects of the company.The company asserted that its commitment remains towards maintaining high standards of corporate governance and transparency. Management stated they are unaware of any event or development that has not already been disclosed to the Stock Exchange(s) which could...

Julien Agro Infratech Ltd Board Approves Reclassification of Promoter Shares to Public Category The Board of Directors of Julien Agro Infratech Limited has approved the requests from several members of the promoter and promoter group seeking to have their shareholding reclassified as public shareholders. The decision was taken during a meeting held on July 14, 2026.The approval concerns the request letters received from four individuals belonging to the company's promoter group: Anita Sureka, Lalit Sureka, Sanjay Kumar Drolia, and Sangita Sureka. These persons sought re-classification of their shares from the 'promoter and promoter group' category to the 'public' category shareholder status.This resolution was passed by the Board at...

Nikki Global Finance Ltd. Announces Board Meeting to Approve Q1 ResultsNikki Global Finance Ltd. has scheduled a meeting of its Board of Directors to discuss and approve the unaudited financial results for the quarter ended June 30, 2026.The Board meeting is set to take place on Wednesday, July 22nd, 2026, at 4:00 P.M. The meeting will be held at the Registered Office of the Company located in New Delhi. Key items for deliberation include the approval of the unaudited financial results for the specified quarter and any other business deemed necessary with the permission of the chair.The company also provided details regarding its trading window status, in adherence to internal procedures for regulating designated persons' trading...

Thomas Cook Announces Board Meeting to Approve Q1 Unaudited Financial ResultsThomas Cook (India) Ltd has announced that its Board of Directors will convene a meeting on Monday, August 3, 2026. The board meeting is scheduled to consider and approve the company's Unaudited Financial Results, covering both standalone and consolidated accounts for the quarter ended June 30, 2026.In addition to the corporate governance event, the company provided an update regarding its insider trading policy. Following the company’s established procedures, the 'Trading Window' for designated persons of Thomas Cook (India) Ltd and their immediate relatives was closed effective from July 1, 2026. This restricted period is set to remain closed through...

Global Reach: SBI AM Launches OFS IPO, Citing Market Dominance and Growth Prospects Choice Equity Broking reports the launch of the Offer For Sale (OFS) in the Initial Public Offering (IPO) of SBI Funds Management Ltd (SBIFML). The offering positions the company as a dominant player in India's asset management landscape. SBIFML is set to raise funds through this secondary stake sale, highlighting its robust growth trajectory and significant market penetration.Market Leadership and Asset Size SBI Funds Management has established itself as a leading entity in the mutual fund space since its incorporation in 1992. It received SEBI's approval to act as the asset manager for SBI Mutual Fund in 1993. As of March 31, 2026, SBIFML managed...

ITAT Grants Massive Relief: Xiaomi Receives 180-Day Stay on ₹10,833 Crore Tax Demand Amid Procedural Delays ITAT Rules in Favor of Xiaomi, Granting Extended Stay Against Tax Revenue The Income Tax Appellate Tribunal (ITAT) has provided significant temporary relief to Xiaomi Technology India Pvt. Ltd., extending the stay on a substantial tax demand amounting to approximately ₹10,833 crore. The Bengaluru bench of the ITAT ruled that this extension is warranted because the delay in disposing of the complex appeal was not attributable to the company but resulted from repeated adjournments sought by the Income Tax Department.In an order pronounced on July 6, the tribunal clarified that the stay would remain in effect for a period of 180...

Simca Advertising Reports Robust Q1 FY2026-27 Performance with Over 59% Revenue Growth Simca Advertising Limited has announced strong financial performance for the first quarter (Q1) of the fiscal year ending June 30, 2026. The company reported total revenue of ₹4,264.43 Lakhs for Q1 FY2026-27.The results reflect the company's strategic growth initiatives and operational efficiency across the advertising sector.The performance highlights demonstrate significant expansion compared to the corresponding period in F.Y. 2025-26. The revenue comparison details are provided below:ParticularsFY 2026-27 (Q1)FY 2025-26 (Q1)% GrowthTotal Revenue (₹)4,264.43 Lakhs2,667.92 Lakhs59.84%The company previously reported revenue for Q1 FY...

Critical Pivot: Indian Exporters Drive 24% Growth in Specialized Goods as Global Markets Decline A detailed analysis of trade data reveals a crucial shift among Indian exporters, who are successfully diversifying towards the UK market despite weaknesses observed in US demand. While overall exports to Britain saw a decline, specific product categories rose significantly, demonstrating that businesses are pivoting effectively into alternative markets. This trend offers early signs of resilience across vulnerable sectors as major global demands soften.Export Diversification Offsets Broader Market Weakness Exports to the UK worth $4.98 billion demonstrated strong growth in 2025-26 compared to the previous year. These specific high-growth...

Auri Grow India Limited Discontinues Corporate Office in Ahmedabad Cites Operational Efficiency Auri Grow India Limited has approved the discontinuation of its corporate office located in Ahmedabad, Gujarat. The decision was taken by the Board of Directors on July 14, 2026.The company announced that the closure of the specific corporate office, situated at Unit no. 833 - Block A 8th Floor West Bank, Opp City Gold Cinema Ashram Road, in Ahmedabad, is an administrative measure aimed at operational efficiency and the optimization of resources. The Board noted that while the physical office is closing, the business operations of Auri Grow India Limited will continue without any interruption.Following the closure of the corporate office...