Markets

Landmark Cars Limited Reports Highest-Ever First Quarter Sales Amid Strong Growth in Vehicle and After-Sales Segments Landmark Cars Limited has reported a robust start to the fiscal year, recording its highest-ever first-quarter sales for Q1 FY27. The company showed solid growth across both its vehicle sales and after-sales service segments during the period ended June 30, 2026.The consolidated total revenue from operations saw significant growth, with the company achieving a notable increase in revenue. This performance was supported by strong operational updates regarding new model deliveries and enhancements in service capacity.Operationally, Landmark Cars Limited reported that deliveries for several key models commenced during...

KPIT Technologies Completes Dissolution of Somit USA SubsidiaryKPIT Technologies Limited has confirmed the completion of the voluntary liquidation and dissolution of its wholly owned subsidiary, Somit Solutions Inc., known as Somit USA. The subsidiary is a step down entity under KPIT Technologies (UK) Limited, which itself is a wholly owned subsidiary of KPIT Technologies.The company reported that it received the final confirmation documents regarding the closure of Somit USA on July 13, 2026. This documentation included the certificate of tax clearance issued by the State of Michigan Department of Treasury and general confirmation of the dissolution's completion.Key steps in the dissolution process were completed over several...

IL&FS Offers ITNL Shares as Security Package to Debenture TrusteeIL&FS, in its capacity as a Promoter of IL&FS Transportation Networks Limited (ITNL), has provided a set of shares held by it in the company as security to the Debenture Trustee. This action is intended to safeguard the interests of the Debenture Holders.The transaction involves IL&FS offering these shares, which are part of the pooled assets, to the Debenture Trustee. The overall security package presented to the Trust encompasses shares of ITNL and establishes a clear lien in favor of the Debenture Trustee.IL&FS is noted as a Promoter of ITNL, with IL&FS Financial Services Limited acting as a Publicly Appointed Company (PAC) along with IL&FS.It is important to...

Independent Director Resignation at Crown Lifters Limited; Mrs. Payal Madhani Steps Down Mrs. Payal Pravin Madhani has resigned from her position as an Independent Director of Crown Lifters Limited due to personal and professional commitments. The resignation is effective as of the close of business hours on July 14, 2026.In addition to the primary resignation, Mrs. Madhani also ceased to hold specific committee roles within the company earlier. She stepped down from her duties as Chairperson of the Audit Committee and a Member of the Nomination and Remuneration Committee effective July 7, 2026.The details concerning the change in directorship were noted in the relevant filings. The information confirmed that Mrs. Madhani holds the...

Authum Investment & Infrastructure Ltd to Hold Board Meeting to Approve Q1 Financial ResultsA meeting of the Board of Directors of Authum Investment & Infrastructure Limited has been scheduled for Monday, July 20, 2026. The primary purpose of the upcoming board gathering is to review and approve the company's financial results for the quarter ended June 30, 2026.The agenda includes considering and approving the Un Audited Financial Results, both standalone and consolidated, along with the Limited Review Report that will be issued by the Joint Statutory Auditors for both stand-alone and consolidated figures. The meeting will also address any other items as permitted by the Chairman of the Board.In addition to the board review, the...

Bajaj Healthcare to Hold Board Meeting to Approve Q1 2026 Financial Results Bajaj Healthcare Ltd has announced a board meeting scheduled for Monday, July 20, 2026. The purpose of the meeting is to consider and approve the Un-audited Financial Results of the company for the quarter ended June 30, 2026.The company also provided an update regarding its trading window, noting that it remains closed for all Insiders and Designated Persons, including their immediate relatives. The restrictions on dealing in securities commenced from July 01, 2026.The trading restriction will remain in place until the expiry of 48 hours after the declaration of the Un-audited Financial Results for the quarter ended June 30, 2026.BAJAJHCARE Stock Price...

A B Cotspin India Limited Board Approves Name Change from 'A B Cotspin'The Board of Directors of A B Cotspin India Limited has approved a significant change regarding the company’s name following a meeting held on July 14, 2026. The board considered and sanctioned the transition from its current identity to a new corporate designation.The decision approved by the directors includes renaming the entity from 'A B Cotspin India Limited'. The potential names for the renamed company include 'A B Industries Limited' or 'AB Industries Limited', along with any other name that may be made available and officially approved by the Registrar of Companies (CRC) at the Ministry of Corporate Affairs.The approval granted by the Board is subject...

Kizi Apparels Ltd Allots 23 Lakh Shares Following Convertible Warrant Conversion; Capital Increases to Rs 10.12 Crore Kizi Apparels Ltd has announced the allotment of 23,04,000 fully paid-up Equity Shares following a recent Board meeting held on July 14, 2026. The decision approved the conversion and allotment of these shares against convertible warrants, which were issued previously.The allotment was executed based on the exercise of options by investors belonging to the Promoter/Promoter Group and public categories. These shares represent a conversion of 23,04,000 convertible warrants. The new Equity Shares have a face value of Rs 10.00 per share and were allotted at an issue price of Rs 15.50 per share, which included a premium of...

Hercules Investments Ltd Reports Sustainability Status as Core Investment Company for FY 2025-26 Hercules Investments Limited, formerly known as Hercules Hoists Limited, has released its Business Responsibility and Sustainability Report (BRSR) covering the financial year ended March 31, 2026. The report outlines the company’s operational structure, governance practices, and commitment to responsible business conduct, contextualized by its primary function as a Core Investment Company.The entity, incorporated on June 15, 1962, operates from a single corporate office in Mumbai and holds a paid-up capital of Rs. 3,20,00,000. As a specialized investment holding company, nearly 100% (99.64%) of the entity's turnover is derived from various...

Lactose India Ltd Receives Reaffirmed BBB-/Stable Credit Rating for Enhanced Bank Loan Facilities Lactose India Ltd has received a reaffirmed credit rating from CRISIL Ratings Limited regarding its long-term bank facilities. The review reflects an enhancement in the total rated loan facilities, which now stand at Rs. 90 Crore, up from the previous figure of Rs. 60 Crore.The company's Credit Rating Agency is CRISIL Ratings Limited for Long Term Bank Facilities. The rating assigned to Lactose India Ltd remains stable following the reaffirmation by CRISIL Ratings.Key details of the credit rating are as follows:ParticularsDetailsCredit Rating AgencyCRISIL Ratings LimitedType of Instrument / FacilityLong - Term Bank Facilities...

Laser Power IPO Allotment Today: See How This 38x Oversubscribed Stock is Posing in Grey Market The allotment process for the Laser Power & Infra Initial Public Offering (IPO) commences today, July 14. The issue, which was open from July 9 to July 13, witnessed a strong investor response across all application categories. The Rs 742 crore public issue garnered an impressive subscription of 38.94 times, with institutional investors driving the majority of the overwhelming demand.Subscription Snapshot and Category Demand The sheer scale of interest in Laser Power & Infra was evident in the booking statistics. A total of 99,63,24,700 shares were bid for against a limited supply of 2,55,86,207 shares. This highlights the fierce...

Unihealth Launches Eye Care and Ophthalmology Services at Uganda Hospital; Consolidating Ownership of Asset Unihealth Hospitals Limited, an integrated healthcare delivery platform operating across India and East Africa, has commissioned a dedicated Eye Care and Ophthalmology Department at UMC Victoria Hospital in Kampala, Uganda. The launch marks a significant move to expand specialized healthcare access in the region, following strategic corporate developments concerning the hospital's ownership structure.The new department has completed its first cohort of cataract surgeries, all reported as successful and complication-free. This operational milestone is part of Unihealth’s broader strategy to strengthen UMC Victoria Hospital into a...

DSM Fresh Foods Completes Acquisition of Avyom Foodtech, Making It a Wholly Owned Subsidiary DSM Fresh Foods Limited has successfully completed the acquisition of Avyom Foodtech Private Limited. Following this completion, the company now holds 100% of the paid up equity share capital of Avyom Foodtech Private Limited, establishing it as a wholly owned subsidiary.The transaction represents a strategic move for DSM Fresh Foods Limited aimed at strengthening its presence within the food processing and allied sector. The acquisition was completed through cash consideration, with the cost reported as 1 Lakh (Rupees One Lakh only). This deal results in Avyom Foodtech becoming a wholly owned entity of DSM Fresh Foods Limited.Avyom Foodtech...

Dhampur Bio Organics Reports Unaudited Quarterly Results; Approves Internal Auditor Appointment Dhampur Bio Organics Ltd. has released its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company's Board of Directors reviewed these results, decided not to declare an interim dividend, and approved the appointment of a new internal auditor for the financial year 2026-27.The results reflect the continuing operations of the company alongside the performance metrics related to discontinued operations following the sale of one of its sugar manufacturing undertakings.Key Financial Performance Highlights (Quarter ended June 30, 2026) The company's consolidated financial statement shows a total...

PC Jeweller Shares Rise After Board Agrees to Explore QIP for Strategic Growth Funding Shares of PC Jeweller saw a slight uptick on Tuesday after the company announced that its board of directors would convene later this week to consider raising capital through a Qualified Institutions Placement (QIP). This development signals a strategic move by the jewellery firm to bolster its growth trajectory.On the National Stock Exchange (NSE), the company's shares were trading at ₹9.93 per share, showing a marginal gain of 0.10 percent as of around 12:35 p.m. The market reaction reflects investor anticipation surrounding the potential fundraising opportunity.Details of Proposed Qualified Institutions Placement (QIP) In a formal regulatory...

Wholesale Inflation Surges to Two-Year High as Food Prices Ignite Producer Costs Wholesale inflation (WPI) climbed significantly to 9.87 percent in June, marking the highest level recorded in over two years. This escalation is primarily driven by a sharp surge in food costs and accelerated prices across primary articles. While fuel inflation showed some moderation compared to May, persistent pricing pressures within manufacturing continue to place stress on producer prices.The WPI figure represents a notable increase from the 9.68 percent recorded in May, making June the sixth consecutive month of rising wholesale costs. A detailed examination of the Wholesale Price Index (WPI) data reveals that inflationary momentum has broadened...

Rajshree Polypack Limited Secures International Order Worth USD 0.09 Million Rajshree Polypack Limited has secured a significant order from an international entity. The company manufactures plastic rigid sheets and thermoformed packaging products, and the new contract involves supplying specialized packaging goods.The order is classified as a repeat business transaction from the customer, who is described as a leading supplier of catering and janitorial disposables based in the UK. The material pertains to the supply of plastic articles made from PET or Polypropylene.Key details regarding the international order include:ParticularsDetailsName of the entity awarding the orderUK based leading supplier of catering and janitorial...

CG Power and Industrial Solutions Ltd Announces Board Meeting for Q1 Financial Results Approval CG Power and Industrial Solutions Limited has scheduled a meeting of its Board of Directors to review and approve the unaudited financial results for the first quarter of the fiscal year.The Board meeting is set to take place on Friday, July 24, 2026. During this meeting, the company intends to consider and approve the Unaudited Financial Results based on both Standalone and Consolidated accounts for the first quarter ended June 30, 2026.In addition to the corporate meeting, the company has maintained that the trading window for securities of the company remains closed for Designated Persons. This restriction period will continue up to 48...

Accelya Solutions India Ltd to Hold Board Meeting for Financial Results and Dividend Recommendation Accelya Solutions India Limited has scheduled a meeting of its Board of Directors to review the audited financial results for the quarter and year ending 30 June, 2026. The board meeting is set to take place on Wednesday, 29 July, 2026.The primary focus of the meeting will be considering the audited standalone and consolidated financial results for the period. Additionally, the Board is scheduled to recommend a final dividend, if any.ACCELYA Stock Price Movement As of 12:43 PM, shares of Accelya Solutions India Limited are slipping by 1.26%, trading at ₹1,116.7 as the company moves in live market trading. The stock has seen a volume...

Veranda Learning Solutions Ltd Allots 30,122 Shares Under Employee Stock Option Plan 2022 Veranda Learning Solutions Ltd has reported the allotment of 30,122 equity shares following the exercise of stock options under its Employee Stock Option Plan 2022. The allotment was finalized by the company's Allotment Committee during a meeting held on July 14, 2026.The issuance relates to eligible grantees exercising their stock options, and all shares allotted will rank pari passu with the company's existing equity shares.Capital Structure Update Post Allotment The allotment, which pertains to the Veranda Learning Solutions Limited - Employee Stock Option Plan 2022, resulted in an increase in the paid-up share capital of the company. The...