Markets

Albert David Ltd Reports Resignation of Cluster Head Saikath Banerjee Albert David Ltd has announced the resignation of Mr. Saikath Banerjee, who served as a Cluster-Head within the company. The change in senior management personnel became effective on July 4, 2026.The company stated that Mr. Banerjee tendered his resignation due to personal reasons. Albert David Ltd expressed its appreciation for the services and contributions rendered by Mr. Banerjee during his tenure with the organization.ALBERTDAVD Stock Price Movement Albert David Limited finished the trading session on Friday with gains, as its shares settled at ₹719.6, edging up by 0.7%. The stock recorded a traded volume of 2,220 shares during the period.

Ind Bank Housing Board Approves Un-Audited Results for Quarter Ended June 30, 2026 Ind Bank Housing Ltd. announced the approval of its un-audited financial results and a limited review report for the quarter ending June 30, 2026. The Board of Directors conducted this meeting on July 4, 2026, to consider and approve these findings.The company's operational focus has been guided by prior regulatory changes concerning its business scope. As noted in the review materials, the Certificate of Registration (COR) to carry on the business of Housing Finance was cancelled by the Reserve Bank of India (RBI) on September 22, 2023. Following this cancellation, the Board had resolved not to continue the housing finance business and is currently...

Oasis Tradelink Ltd. to Hold Board Meeting to Review First Quarter Results Oasis Tradelink Ltd has scheduled a meeting of its Board of Directors to review and approve the Unaudited Financial Results for the first quarter ending June 30, 2026. The board meeting is slated for Wednesday, July 08, 2026.The key agenda item for the company is the consideration and approval of the Unaudited Financial Results for the First Quarter, alongside a Limited review report. Additionally, the Board is set to consider any other matter with the permission of the Chairman of the meeting.In operational updates related to the results announcement, the trading window for dealing in the shares of Oasis Tradelink Ltd has been closed. The restriction began...

Voler Car Limited Notes Non-Selection of Bid in Swiss Challenge Process for Blu-Smart Mobility Assets Voler Car Limited has provided an update regarding its participation in the Swiss Challenge process concerning the assets of Blu-Smart Mobility Private Limited. The company stated that despite being previously declared the H1 (highest) bidder, the Committee of Creditors (CoC) ultimately selected a different resolution applicant.The company reiterated that it was initially designated as the H1 bidder under the mechanism. Following this designation, Voler Car voluntarily submitted a revised offer with an enhanced financial proposal in relation to the assets.In its statement, Voler Car noted that it did not receive an opportunity to...

India Motor Parts & Accessories Ltd Announces 72nd Annual General Meeting Details India Motor Parts & Accessories Ltd has scheduled its 72nd Annual General Meeting (AGM) and provided necessary details regarding the shareholder meeting.The company's AGM is set to be held on Tuesday, July 21, 2026, beginning at 11:30 A.M. The meeting will be conducted via Video Conferencing (VC) or through other Audio-Visual Means (OAVM).Details regarding the upcoming general body meeting were published in newspapers, including 'Financial Express' in English and 'Makkal Kural' in Tamil, on June 28, 2026. This notice informs shareholders about the proceedings of the company.IMPAL Stock Price Movement India Motor Parts and Accessories Limited shares...

DIC India Ltd Appoints Ms. Manjusha Singh as Deputy CEO DIC India Limited has announced the appointment of Ms. Manjusha Singh as the company's new Deputy Chief Executive Officer (CEO), effective from July 04, 2026.Ms. Singh, who is currently a Senior Managerial Person and holds the position of Head of Sales & Marketing at DIC India Limited, was appointed to the role following a recommendation by the Nomination & Remuneration Committee and subsequent approval by the Board on July 04, 2026. The company confirmed that Ms. Singh will continue to be designated as a Senior Management Person despite taking on the Deputy CEO role.The appointment highlights her extensive professional experience within the industry. Ms. Manjusha Singh brings...

Rajputana Stainless Ratings Upgraded by CRISIL Following Review of Bank Loan Facilities Rajputana Stainless Ltd has received an upgraded rating from Crisil Ratings Limited concerning its bank loan facilities. The ratings reflect a review of the company’s debt instruments and banking relationships, signaling improved financial standing in the eyes of the rating agency.CRISIL Ratings updated the status of Rajputana Stainless Ltd's total bank loan facilities, which are valued at Rs. 165 Crore.The key improvements include:Long-term Rating: The facility was upgraded to Crisil BBB+/Stable from its previous grading of Crisil BBB/Stable. Short Term Rating: The rating for short-term instruments was also improved, upgraded to Crisil A2...

Crestchem Ltd. Announces FY26 Results and Recommends 15% Final Dividend Crestchem Ltd., following its Board meeting on May 29, 2026, has released its Standalone and Consolidated Financial Results for the quarter and full year ending March 31, 2026. The company also recommended a final dividend of Rs. 1.50 per equity share (Face Value Rs. 10), subject to shareholder approval at the upcoming Annual General Meeting.The Board meeting approved the financial results and took note of several key corporate decisions, including the formation of a new subsidiary and the reappointment and remuneration of senior management members.Financial Performance Highlights The company operates within one business segment: Nutrition-Chemical Industries...

ICRA Reaffirms Credit Rating for Karur Vysya Bank’s Deposit Programme ExpansionKarur Vysya Bank Ltd has received a credit rating update from ICRA concerning its Certificate of Deposit Programme. ICRA reaffirmed the rating for this instrument, which is now applicable up to an enhanced amount.The ratings details provided by ICRA show that the existing status was maintained after the assignment/reaffirmation related to the expanded programme. This assessment applies to the bank's Certificate of Deposit Programme.Credit Rating AgencyInstrumentExisting RatingRevised RatingRating ActionICRACertificate of Deposit Programme for Rs. 12,000 Cr (Enhanced from Rs.10,000 Cr)ICRA A1+ICRA A1+Reaffirmed/ Assigned for enhanced amountThe...

ICRA Reaffirms Karur Vysya Bank's Issuer Rating at [ICRA]AA (Stable) Karur Vysya Bank Ltd has received a reaffirmation of its credit rating from ICRA. The rating details confirm that the bank maintained its position in the Issuer Rating category as of June 29, 2026.The credit rating update places Karur Vysya Bank within the stable segment of the specified rating agency.Key details of the reaffirmed rating are presented below:Credit Rating AgencyInstrumentNew RatingRating ActionICRAIssuer Rating[ICRA]AA (Stable)ReaffirmedThe bank secured this credit rating on June 29, 2026.KARURVYSYA Stock Price Movement On Friday, Karur Vysya Bank Limited shares slipped by 0.85% to close at ₹291.80. The stock saw substantial activity...

Sangam India Ltd. Grants Employee Stock Options totaling 5,08,500 under ESOP Scheme, 2022 Sangam India Ltd. has approved the grant of employee stock options to eligible employees through its Employee Stock Option Scheme, 2022. The options were granted by the company's Nomination and Remuneration Committee and are designed to motivate employees within the organization.The grant comprises a total of 5,08,500 stock options. Under the terms of the scheme, each option grants the holder the right to receive one equity share of Sangam India Ltd., which is valued at Rs 10/- each upon exercise. The entire allocation covers 5,08,500 Equity Shares of the Company, priced at Rs 10/- per share.The options were granted under the provisions of the...

Shakti Pumps Secures Contract Worth Rs 353.89 Crore for Solar Pumping Systems in Maharashtra Shakti Pumps (India) Limited has secured a significant contract award from Maharashtra State Electricity Distribution Company Limited. The company received a Letter of Empanelment to supply off-grid solar photovoltaic water pumping systems across the state of Maharashtra.The contract involves supplying 15,000 units of Solar Photovoltaic Water Pumping Systems (SPWPS) pumps, designed for use under the Magel Tyala Saur Krushi Pump Yojana scheme. The pumps offered are specified to be in 3 HP, 5 HP, and 7.5 HP capacities.The total commercial consideration for this order is Rs 353.89 Crores, inclusive of GST. This amount corresponds to a work...

Arvind Limited Issues Notice Regarding Postal Ballot and E-Voting Schedule Arvind Limited announced the publication of a notice detailing the schedule for its Postal Ballot and E-Voting process. The notification was released in response to shareholder voting requirements.The information regarding the Postal Ballot and e-voting details has been published via a newspaper advertisement in Financial Express, available in both English and Gujarati editions. This announcement was made on July 4, 2026.ARVIND Stock Price Movement Shares of Arvind Limited on Friday slipped by 0.37% to settle at ₹569.05, as traders closed out the day with a noticeable pullback from previous levels. The stock traded within a range spanning from a low of...

Defense Exports Surge 57 Times as India Declares Transformation from Shortages to Viksit Bharat Defence Sector Records Record Highs as 'Make-in-India' Gains Global Trust Raksha Mantri Shri Rajnath Singh stated that the journey of India over the past twelve years represents a significant progression, moving from addressing shortages to achieving self-reliance and progressing towards becoming a Viksit Bharat. He highlighted how the government’s policy framework is actively establishing the foundation for this future transformation through a 'Reform, Perform, Transform' strategy.The Minister emphasized that 'Make-in-India', launched in 2014, has successfully set new benchmarks despite early skepticism from global quarters. He asserted...

Aravali Securities & Finance Ltd holds 46th Annual General Meeting, Approves Financials and Director Appointments Aravali Securities & Finance Limited held its 46th Annual General Meeting (AGM) on Saturday, July 04, 2026. The meeting was conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The AGM commenced at 12:00 noon and concluded at 12:28 p.m.The board members in attendance included Ms. Chandra Lekha Poddar, Additional Director and Chairperson; Mr. Subhash Chand, Independent Director; Mr. Rakesh Bhartia, Independent Director; Mr. Tara Chand Sagar, Independent Director; Mr. Shiv Poddar, Additional Director; Ms. Malvika Poddar, Director; Mr. Ved Prakash Arya, Independent Director; Mr. Naresh Kumar Magoo...

Spectra Industries Limited Committee of Creditors Approves Insurance Renewal and CIRP Costs The Committee of Creditors (CoC) of Spectra Industries Limited met on Friday, July 3, 2026, to review critical aspects of the Corporate Insolvency Resolution Process. The meeting commenced at 04:00 P.M. and concluded an hour later at 04:20 P.M.During the meeting, the Committee addressed several important matters related to the ongoing resolution process. Key decisions included the approval and consideration of the renewal of the insurance policy for the Corporate Debtor. Furthermore, the CoC reviewed and approved the costs incurred for the Corporate Insolvency Resolution Process (CIRP) up to that date.The meeting also involved reviewing the...

Marble City India Ltd Clarifies That Management Has No Role in Stock Price Movement Marble City India Ltd has clarified its position regarding recent movements in the price of its security, asserting that the increase is purely a market driven activity.The company stated that neither the management nor the promoters of Marble City India Ltd hold any role in the rise of the stock price. Furthermore, the company confirmed that its management and promoters do not possess any price sensitive information that is undisclosed to the public.In response to scrutiny over the security's increased valuation, the company maintained that the increase was entirely market driven. The statement reiterated that the management and promoters are...

Board Approves Appointments of Several Directors at Julien Agro Infratech Ltd Julien Agro Infratech Ltd announced that its Board of Directors, during a meeting held on July 04, 2026, approved the appointment of several new directors. The appointments included two additional Executive Directors and three additional NonExecutive Independent Directors, effective from the conclusion of the Board meeting.The Board's decision followed recommendations from the Nomination and Remuneration Committee and the Audit Committee for certain positions.Key Appointments Made by the Board Three independent members were appointed to the company. Mrs. Deepa Garg, Mrs. Meenu Jain, and Mrs. Pushpa Joshi were all approved as Additional NonExecutive...

Hawkins Cookers Ltd. Recommends Rs 140 Per Share Dividend; Sets July 22 as Record Date Hawkins Cookers Limited has announced that its Board of Directors recommended a dividend of Rs 140 per equity share for shareholders. The recommendation pertains to the financial year ended March 31, 2026.The decision was made during a Board meeting held on May 28, 2026. This proposed dividend is subject to approval by shareholders at the company's ensuing 66th Annual General Meeting (AGM), which is scheduled for July 29, 2026. If approved, the dividend is slated for payment no later than August 28, 2026.The company has fixed Wednesday, July 22, 2026, as the 'Record Date' for the dividend payout. As per this date, those shareholders whose names...

7NR Retail Ltd Receives Request for Reclassification from Promoter to Public Category 7NR Retail Ltd has received a formal request seeking the reclassification of its promoter status to the public category. The undertaking was submitted by Mr. Umang Vijaykumar Trivedi, who is part of the Promoter group individual involved in the matter.The request pertains to the change in classification from 'Promoter' to 'Public', following confirmation of certain criteria relating to shareholding and control.The details of the promoter seeking reclassification are provided below:Sr. No.Promoter NameCategoryNo. of SharesPercentage of Holding1.Mr. Umang Vijaykumar TrivediPromoter00.00%As part of the reclassification process, Mr. Trivedi...