Markets

Triveni Engineering Sets Record Date for Demerger as Power Business Transfers to TPTL Triveni Engineering & Industries Limited has announced a key date in its demerger process, setting Wednesday, July 22, 2026, as the record date to determine the eligibility of equity shareholders to receive shares of Triveni Power Transmission Limited (TPTL).The announcement follows the successful implementation of the composite Scheme of Arrangement involving Triveni Engineering and Industries Limited, Sir Shadi Lal Enterprises Limited, and Triveni Power Transmission Limited. This scheme was sanctioned by the National Company Law Tribunal, Allahabad Bench, with prior effectiveness being noted from May 19, 2026.Consequent upon the completion of the...

Vivanza Biosciences' Auditors Issue Unmodified Opinion on Financial Results for Year Ended March 31, 2026 Vivanza Biosciences Limited has received an audit report regarding its financial performance up to March 31, 2026. The company’s Statutory Auditors, M/S. Shivam Soni & Co of Ahmedabad, issued the report confirming the Audited Financial Results for the quarter and year ending March 31, 2026.The auditors provided an unmodified opinion on the financial results of Vivanza Biosciences Limited as of the end of the fiscal year. This concludes the review process for the company's annual accounts up to that period.Stock Price Movement As of 10:14, Vivanza Biosciences Ltd is ticking slightly lower at ₹1.87, with shares falling by 0.53%...

Avio Smart Market Stack partners with Government of Tripura to establish freeze-drying facility for agricultural produce National | July 14, 2026: Avio Smart Market Stack Limited has signed a Memorandum of Understanding (MoU) with the Government of Tripura to establish a state-of-the-art freeze-drying facility dedicated to fresh fruits and vegetables. This initiative aims to significantly strengthen agro-processing infrastructure and generate sustainable livelihood opportunities within the Northeast region.The project, titled "A Freeze-Drying Initiative on Fruits and Vegetables for Tripura," is designed to address post-harvest losses through advanced freeze-drying technology. By enhancing the shelf life, quality, and marketability of...

SBI Funds Management IPO Opens: GMP Hits 18%, Attracting Investors to Profitable Giant SBI Funds Management, a major player in India's asset management space, opened its Initial Public Offering (IPO) today. The public issue is generating significant interest despite the slow initial uptake as of July 14. As tracked by NSE data, the IPO currently has achieved a 5 percent subscription rate.How is the SBI Funds Management IPO Performing So Far? The Rs 9,813-crore public offering holds substantial promise for investors. Non-institutional investors (NIIs) are leading the current interest with 5 percent subscription. Retail individual investors (RIIs) and shareholders have reported slightly lower uptake, at 4 percent and 2 percent...

TVS Electronics Enters Strategic Alliance MoU with Cybersecurity Solutions Provider TVS Electronics Limited has signed a Strategic Alliance Memorandum of Understanding (MoU) with an established cybersecurity solutions provider in India. The alliance establishes a framework for strategic collaboration aimed at jointly exploring, developing, and marketing opportunities across various technology domains.The partnership is designed to leverage the complementary strengths and expertise of both organizations. The scope of this collaboration covers cybersecurity, information security, digital transformation, cloud infrastructure, AI-enabled platforms, enterprise technology solutions, managed services, and infrastructure solutions.The...

ICRA Reaffirms Al+ Short-Term Rating for Surya Roshni Ltd's Bank Facilities ICRA Limited has reaffirmed its short-term rating of Al+ for the bank facilities (Non-Fund based -BG) provided to Surya Roshni Limited. The reaffirmation, which was issued on July 13, 2026, covers a facility amount of 100 crores.The maintenance of this rating pertains specifically to the Non-Fund based Bank facilities of the company.SURYAROSNI Stock Price Movement As of 10:28 AM, shares of Surya Roshni Limited are slipping by 1.05% in live trading, currently priced at ₹248.80 as the stock sheds ₹2.65 from yesterday's close. Today’s movement shows volatility, with traded volume reaching 126,940 and prices fluctuating within an intraday range of ₹248.4 to ₹252.3.

JSW Dulux Confirms Independence from Akzo Nobel Group Following Share Acquisition JSW Dulux Limited has clarified its corporate status in light of a recent media report, confirming that it is no longer affiliated with Akzo Nobel NV or any entity within the global AkzoNobel group. The company addressed the matter following the change in ownership structure that occurred on December 10, 2025.The clarification pertains to a report published by 'www.economictimes.indiatimes.com' on July 13, 2026, which included the caption "Akzo Nobel rejects Nippons $8.6 billion offer for paint business."JSW Dulux stated that following an acquisition, it is no longer part of Akzo Nobel NV or any associated group entities worldwide. The change was...

Vardhman Special Steels Schedules Board Meeting to Approve Un-audited Financial ResultsVardhman Special Steels Ltd 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 be held on Wednesday, July 22, 2026, among other agenda items. The primary purpose of the scheduled meeting is the formal consideration and approval of the company's financial performance for the specified quarter.VSSL Stock Price Movement As of 10:26 AM, shares of Vardhman Special Steels Limited are shedding value in live trading, dipping 1.61% to currently trade at ₹290.45. The stock has seen heavy interest this morning, with 50,455 shares traded...

Spandana Sphoorty Financial Limited Mourns Demise of Chairperson and Independent Director Ms. Abanti Mitra Spandana Sphoorty Financial Limited announced the passing of Ms. Abanti Mitra, a serving Chairperson and Independent Director of the company, on July 13, 2026. The demise marks an irreparable loss to the organization, which acknowledged her significant contributions during her association with the company.Ms. Mitra had been affiliated with Spandana Sphoorty Financial Limited since 2012. Her tenure included serving as a Director from November 20, 2012, until November 01, 2016. She subsequently began working as an Independent Director on May 4, 2017, and assumed the role of Chairperson of the Board of Directors starting November...

Karma Energy Limited Announces Dates for 19th Annual General Meeting (AGM) Karma Energy Limited has announced the schedule for its upcoming 19th Annual General Meeting (AGM). The meeting is slated to take place on Thursday, July 23, 2026.The AGM will be held at 2:00 p.m. and conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM).In preparation for the Annual General Meeting, the company has set the record date and cut-off date for shareholders. July 16, 2026, has been declared as both the record date and the cut-off date. This date determines the eligibility of shareholders to vote on the resolutions proposed at the AGM.KARMAENG Stock Price Movement As of 10:24 AM, shares of Karma Energy Limited are slipping by...

Madhya Bharat Agro Products Limited Approves Q1 FY27 Results; Highlights Performance Metrics Madhya Bharat Agro Products Limited (MBAPL) has approved its Un-Audited Financial Results for the quarter ending June 30, 2026. The results were reviewed by the Audit Committee and subjected to a limited review by Statutory Auditors, according to the company's Board of Directors meeting held on July 14, 2026.The board meeting addressed matters including the approval of previous board and committee minutes. The Un-Audited Financial Results for the quarter ending June 30, 2026, along with the limited review report from the Statutory Auditors, were approved by the Board.MBAPL is primarily engaged in Fertilizer manufacturing, and management has...

SBI Funds Management IPO: Massive Growth Trajectory Pushes Valuation, 'SUBSCRIBE' Rating Issued The debut of SBI Funds Management Ltd is generating considerable attention in financial markets, driven by its unparalleled scale and robust growth metrics. As a dominant player in India’s asset management space, the company presents a compelling case to investors ready to capitalize on stable market leadership. The issuance highlights the organization's formidable position across various investment segments.SBI AMC's Market Leadership and Scale SBI Asset Management Company (AMC) stands as India's largest asset manager. As of March 31, 2026, the company manages a substantial mutual fund QAAUM of ₹12.5 trillion, securing a strong 15.3%...

Metal Innovator Indo-MIM Cuts IPO Size by Halving Fresh Issue Amid Regulatory Changes Bengaluru-based Indo-MIM, a recognized global leader in metal injection molded products, has announced a significant reduction in its initial public offering (IPO) size. The company decided to halve the fresh issue component after filing an addendum to its draft prospectus, according to investor notices published on July 14, 2026.Indo-MIM had originally filed its Draft Red Herring Prospectus (DRHP) in September 2025 and secured approval from SEBI in December 2025. The initial plan detailed a fresh issue of shares valued at ₹1,000 crore alongside an offer for sale (OFS) comprising 12.96 crore equity shares by existing selling shareholders.IPO Offer...

Chavda Infra Secures ₹89.45 Crores Order for Residential Highrise Project Ahmedabad, July 14, 2026 — Chavda Infra Limited has received a Letter of Acceptance (LOA) from ADI Shantigram Abode LLP for constructing the core and shell of a proposed residential highrise building at Adani Shantigram Township in Ahmedabad. This new contract valued at ₹89.45 crores, excluding GST, significantly boosts the company's order pipeline.The receipt of this prestigious work order increases Chavda Infra Limited’s total unexecuted order book to approximately ₹813.90 crore as of the date, indicating strong revenue visibility for the civil construction firm. The project is scheduled for completion within 24 months.Chavda Infra Limited, an integrated...

Biocon Stock Soars as Massive Block Deal Clears Mylan Overhang, Jumps 6% in Pre-Open Trade Biocon Ltd. shares witnessed a significant surge on Tuesday after a substantial block deal transaction successfully cleared an overhang that had been weighing heavily on investor sentiment. The stock climbed sharply in the early trading session, with shares valued at approximately Rs 3,680 crore being exchanged.The company's stock advanced 5.6 percent to trade around Rs 434 in the morning market. This performance made Biocon the leading gainer within the BSE MidCap index on Tuesday. Furthermore, the stock has appreciated by 12.1 percent year-to-date, significantly outperforming the Nifty 50, which recorded a decline of 7.5 percent over the same...

Indian Toners & Developers Ltd. Holds 36th Annual General Meeting; Approves Dividend and Director Reappointments The Members of Indian Toners & Developers Limited convened their 36th Annual General Meeting (AGM) on Monday, July 13, 2026, at the company's registered office in Rampur. The meeting was chaired by Sh. Sushil Jain.The AGM proceedings included key attendees such as Shri Arun Kumar Garg, Chairman of the Audit Committee and Stakeholders Relationship Committee, Mr. Surya Pratap Singh, Chief Financial Officer, and Mr. Vishesh Chaturvedi, Company Secretary. Representatives from B.K. Shroff & Co., Statutory Auditors, along with Mr. Mukesh Agarwal, Scerctarial Auditors, and Mr. Varanasi [ari, Scrutinizer for e-Voting, were also...

Chavda Infra Secures ₹89.45 Crore Order for Residential Highrise Construction in Ahmedabad Chavda Infra Limited has secured a significant contract worth ₹89.45 crores (excluding GST) from ADI Shantigram Abode LLP. The order pertains to the construction of the core and shell structure for a proposed residential highrise building located at Adani Shantigram Township in Ahmedabad.The successful acquisition of this project further reinforces Chavda Infra Limited's strong revenue visibility, boosting its unexecuted order book to approximately ₹813.90 crore as of July 14, 2026.Project Details and Scope The contract outlines the construction specifications for a large-scale residential highrise building. The scope includes various levels...

OneSource Specialty Pharma and Formycon AG Announce Strategic Partnership for Biosimilar Manufacturing Bengaluru, India, July 14, 2026 - OneSource Specialty Pharma Limited, a multi-modality specialty pharma CDMO, and Formycon AG, an independent biosimilar developer headquartered in Munich, have announced a strategic manufacturing partnership focused on biosimilars.Under the terms of this collaboration, OneSource will function as a strategic manufacturing partner for Formycon. The partnership involves providing integrated Drug Substance (DS) and Drug Product (DP) manufacturing capabilities from OneSource's state-of-the-art biologics facility located in Bangalore. This joint effort combines Formycon's biosimilar development expertise...

Mining Giants Set to Surge: Caliber Mining & Logistics IPO Drops Offer Size Ahead of Market Debut Maharashtra-based coal mining and logistics provider, Caliber Mining and Logistics, has officially filed its Red Herring Prospectus (RHP) for a significant public offering. The company is planning to raise ₹400 crore through the sale of new shares in this Initial Public Offering (IPO).The IPO is scheduled to open on July 17, setting the stage for its market debut. It presents investors with opportunities across various investor categories, managed by merchant banker DAM Capital Advisors.IPO Details and Timeline Caliber Mining and Logistics has structured the public issue to attract a wide range of institutional and retail buyers. The...

Menon Bearings Ltd Announces Q1FY27 Post Results Conference CallMenon Bearings Limited has scheduled a Post Results Conference Call for its investors and analysts regarding the Un-Audited Financial Results of the company for the quarter ended 30 June, 2026. The event is set to take place on Friday, July 17, 2026.The management team will be present at the conference call. Attendees will be able to hear from Mr. Arun Aradhye, Managing Director, along with Mr. Aditya Menon and Mr. Anshul Menon of the Promoter Group.Details concerning the Q1FY27 Post Results Conference Call are as follows:EventDateTimeQ1FY27 Post Results Conference CallFriday, July 17, 20262:00 PM ISTThe conference call is scheduled to discuss the...