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Shalby Limited reports exercise of 20,500 stock options under Employee Stock Options Scheme Shalby Limited has reported that eligible employees exercised a portion of their stock options under the Shalby Limited Employees Stock Options Scheme -2021 on July 13, 2026. The exercise involved 20,500 options, resulting in the receipt of funds transferred to the Shalby Limited Employee Welfare Trust.The transaction details indicate that the company received ₹ 20,50,000 from the exercise of these options. These funds were realized through the purchase of 20,500 Equity Shares, each with a face value of ₹ 10/- (Rupees Ten Only).According to the details provided by the company, the paid up equity share capital of Shalby Limited will not change...

Magson Retail Increases Store Footprint with Expansion into Gujarat and Goa Magson Retail and Distribution Limited has expanded its retail presence, announcing the opening of two new stores in Ahmedabad, Gujarat, and Sanquelim, Goa. The additions mark a significant step in the company’s growth strategy.The expansion was made effective from July 12, 2026. These new outlets are located at: 1. Ambli, Ahmedabad, Gujarat 2. Sanquelim, GoaIncluding these two new stores, Magson Retail has increased its total number of operational stores to 44. This growth highlights the company's growing reach across various regions. The stores operate in more than 10 cities spanning three states.MAGSON Stock Price Movement Today, Magson Retail And...

Promoter Group Sells 44.57% Stake in Jai Mata Glass Ltd, Triggering Mandatory Open Offer A Share Purchase Agreement (SPA) has been executed for the sale of a significant stake in Jai Mata Glass Limited (JMGL). The SPA involves members of the promoter and promoter group acquiring a controlling interest while simultaneously triggering mandatory open offer obligations to the public shareholders.Ms. Anu Marwah, Mr. Inesh Marwah, and M/s. J P Overseas Private Limited, identified as the "Sellers," entered into the agreement on July 13, 2026. The sellers agreed to transfer 4,45,65,460 equity shares, representing 44.57% of JMGL's paid-up equity share capital.The acquiring parties, referred to as the "Acquirers," are Mr. Ashwani Gulati, Ms...

Entero Healthcare Solutions Limited Announces Independent Director's Non-ReappointmentEntero Healthcare Solutions Limited has confirmed that Mr. Rajesh Shashikant Dalal will not be seeking re-appointment as a Non-Executive Independent Director, effective upon the completion of his current term.Mr. Dalal informed the Board of Directors of Entero Healthcare Solutions Limited of his decision not to seek a second term as an Independent Director. Consequently, he will cease all directorial duties with effect from the close of business hours on August 24, 2026.As part of this transition, Mr. Rajesh Shashikant Dalal will also step down from his roles at the company as the Chairperson of the Nomination and Remuneration Committee, the...

JK Tyre & Industries Ltd Reports Commitment to ESG as it Achieves Zero Liquid Discharge Across Manufacturing Plants JK Tyre & Industries Ltd. has provided extensive details regarding its operations and sustainability commitments, detailing a strong focus on environmental stewardship, employee well-being, and corporate governance in the financial year 2025-26. The company highlighted its progress toward net zero targets while maintaining operational excellence across its global manufacturing base.The company’s core business is centered on the Manufacturing and Sale of Automotive Tyres, Tubes & Flaps and associated ancillary services, accounting for 100% of its turnover. JK Tyre operates both nationally and internationally, serving over...

Millworks Technologies IPO: Anchor Book Surges as Precision Engineering Firm Sets Sights on Rs 583 Crore Valuation Bengaluru-based precision engineering company Millworks Technologies has received strong validation ahead of its public listing. The firm successfully closed its anchor book, raising Rs 43.86 crore from nine significant anchor investors on July 13. This successful private placement highlights investor confidence in the rapidly growing manufacturing sector.The IPO is scheduled to open for subscription on July 14 and close on July 16. Millworks Technologies has set a market capitalization valuation of Rs 583 crore, based on a price band fixed between Rs 315 and Rs 331 per share. The initial public offering includes a fresh...

RBI Orders Financial Entities to Bolster Grievance Redress as Internal Ombudsman Conference Concludes in Mumbai The Reserve Bank of India (RBI) convened a crucial gathering for regulated entities this past week, underscoring its commitment to enhanced customer protection and grievance redressal mechanisms across the financial sector. The Third Annual Conference of Internal Ombudsmen (IO) was held on July 13, 2026, in Mumbai, drawing senior leadership from various financial institutions.Focus on Customer Resolution and Systemic Improvements The conference brought together a broad spectrum of stakeholders dedicated to customer service excellence. Attendees included IOs representing banks, Non-Banking Financial Companies (NBFCs), Credit...

Rotographics Announces Major Changes Including Name Change, Capital Increase, and Share Split Ahead of 51st Annual General Meeting Rotographics (India) Ltd has announced its 51st Annual General Meeting (AGM), scheduled for Thursday, August 6, 2026. The meeting will be held via video conferencing or other audio-visual mode (OAVM).The AGM agenda includes significant operational and structural changes for the company, including a planned name change, an increase in authorized share capital, and a proposal for a sub-division of its equity shares.Key business items set for consideration at the meeting include:Name Change: Approval to change the company's name from 'ROTOGRAPHICS (INDIA) LIMITED' to 'NOVALUM MATERIALS LIMITED'. This...

Infinity Infoway Ltd Board Approves Financial Enhancements and Governance MattersInfinity Infoway Ltd has announced several material resolutions passed during its Board of Directors meeting held on July 13, 2026. The Board considered and approved key matters related to financial limits, employee stock options, remuneration structures, and corporate governance for the company.Key approvals include the Board's Report for the Financial Year 2025-26, which was approved along with all associated annexures and reports. The meeting also took note of the Secretarial Audit Report for the financial year 2025-26, provided by CS Janvi N. Davda.The company's operational capacity was enhanced following the approval of a proposal regarding the...

Solex Energy Limited joins Solex Foundation to advance CSR objectives Solex Energy Limited has approved membership in Solex Foundation, a move aimed at advancing the company's corporate social responsibility (CSR) objectives. The activities undertaken through this foundation do not impact the core commercial business lines of Solex Energy Limited.The target entity, Solex Foundation, is described as a Section 8 Company that does not have share capital and has been newly incorporated. Its line of business falls under the Non-Profit Organisation sector.The relationship between the company and the foundation is characterized as a Related Party Transaction, with the directors of Solex Energy Limited also serving as members of the...

Striders Impex Limited Schedules 5th Annual General Meeting and Releases FY 2025-26 Report Striders Impex Limited has announced the details for its 5th Annual General Meeting (AGM) for the Financial Year 2025-26. The AGM is scheduled to take place via Video Conferencing (VC) or Other Audio Visual Means (OAVM).The company issued the notice, providing shareholders with crucial timelines regarding the meeting and access points for the Annual Report for FY 2025-26.Key details pertaining to the upcoming AGM and the voting process are as follows:ParticularsDate/Time5th AGM through VC/OAVMThursday, August 06, 2026 (11:30 A.M. IST)Cut-off date for e-voting entitlementJuly 30, 2026E-voting start date and timeMonday, August 03...

India Ratings Upgrades Carraro India's Long-Term Credit Facility Outlook to Positive Carraro India Limited (CIL) has received a credit rating update from India Ratings and Research Pvt. Ltd., a Fitch Group company, concerning its bank loan facilities. The rating agency affirmed the existing ratings while upgrading the outlook on certain long-term debt instruments.The revision details various instrument specific actions for Carraro India’s credit facilities. Specifically, the Outlook for Long Term Credit Facilities was upgraded to Positive from Stable, while maintaining the 'IND A+' rating. Additionally, the short-term rating for Non-fund based Working Capital Limits (WCL) saw an upgrade.The updated ratings and aggregate amounts are...

Rockingdeals Circular Economy Limited Awards Unsecured Loan of AED 7,70,000 to Wholly Owned Subsidiary Rockingdeals Circular Economy Limited has approved and executed a loan agreement providing financial assistance to its wholly owned subsidiary (WOS), Rockingdeals General Trading LLC. The unsecured loan, valued at AED 7,70,000, was formalized on July 13, 2026.The transaction involves the provision of an unsecured loan in a single tranche by Rockingdeals Circular Economy Limited to its subsidiary, Rockingdeals General Trading LLC. The purpose of the financing is to provide financial assistance for the general corporate and business needs of Rockingdeals General Trading LLC.As stated in the agreement details, Rockingdeals Circular...

HCLTech invests up to ₹3,500 crore to establish AI data centers and launch full-stack offering NOIDA, July 13, 2026 - HCLTech, a global technology company, has announced its entry into the full-stack Artificial Intelligence (AI) market with a strategic investment of up to ₹3,500 crore. This initiative is aimed at establishing dedicated AI data centers across India and addresses the growing demand for comprehensive AI-led services both in the private and public sectors.The proposed investment will be utilized through newly established subsidiaries and step-down entities within the company structure. The establishment of these facilities aims to support a potential scale of 50MW capacity, complementing HCLTech's existing expertise in AI...

RBI Slams Sambalpur District Bank with ₹8 Lakh Fine Over Major KYC and Unclaimed Funds Violations The Reserve Bank of India (RBI) has imposed a significant monetary penalty on The Sambalpur District Co-operative Central Bank Limited, Odisha. This action comes after the bank was found in contravention of crucial provisions related to compliance under banking regulations.RBI Imposes Penalty Over Regulatory Non-Compliance By an order dated July 02, 2026, the RBI imposed a monetary penalty amounting to ₹8 lakh (Rupees Eight Lakh only). The action targets the bank for failing to comply with directives regarding 'Know Your Customer' (KYC) procedures.The penalty was issued in exercise of powers granted to the RBI under the Banking...

Tembo Global Industries Completes Conversion of Warrants, Allots 70,000 Equity Shares Tembo Global Industries Limited announced that its Board of Directors approved the allotment of 70,000 equity shares following the conversion and exchange of an equal number of convertible warrants. The decision was made on July 13, 2026.This transaction involves the fulfillment of a prior warrant issuance communicated earlier. Initially, Tembo Global Industries had allotted 8,10,000 Convertible warrants to members of the promoter group, where each warrant could be converted into or exchanged for one fully paid-up equity share of Rs. 10/- at an issue price of Rs. 285/- on a preferential basis.The conversion process was completed upon receiving the...

Ms. Shruti Gupta Resigns as Non-Executive Independent Director of Centuple Global Ltd Centuple Global Ltd, which was previously known as Checkpoint Trends Limited, has accepted the resignation of Ms. Shruti Gupta from her role as a Non-Executive Independent Director. The resignation is effective from July 13, 2026.Ms. Gupta resigned due to pre-occupation and other personal commitments. She confirmed that there are no other material reasons for her departure beyond those stated in her resignation letter.The company recorded Ms. Shruti Gupta (DIN: 10310259) as a Non-Executive Independent Director. As per the details provided, she holds board positions at several other companies.A summary of Ms. Gupta’s other directorships includes...

Welspun's Subsidiary Signs Sub-Concession Agreement for Major Highway Corridor Project in Maharashtra Welspun Pune Shirur Projects Limited (WPSPL), a subsidiary of Welspun Enterprises Ltd., has executed a sub-concession agreement with the Maharashtra State Infrastructure Development Corporation Limited (MSIDC) and the Government of Maharashtra (GOM). The agreement was finalized on July 13, 2026.The project involves the construction of a major infrastructure asset: a 6-Lane Partially Elevated Highway Corridor along with the improvement of an existing road section in Maharashtra. This vital piece of infrastructure spans from Km 10+600 to Km 64+000 (Section: Pune to Shirur) and represents a Minimum Design Length of 53.40 Km on NH-753F...

Tata Communications Schedules Board Meeting to Approve Unaudited Financial Results for Quarter Ended June 30, 2026Tata Communications Ltd has scheduled a meeting of its Board of Directors to review and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026. The board meeting is set to take place on Wednesday, July 22, 2026.The primary objective of the meeting will be to consider and formally take on record these financial results, along with the Limited Review Reports provided by the Statutory Auditors for the specified quarter.In line with the Company's Code of Conduct regarding Insider Trading and Corporate Disclosure Practices, Tata Communications has closed its trading window...

Dhunseri Tea Mandates Physical Shareholders to Furnish PAN and KYC Details Dhunseri Tea & Industries Limited has issued a notice requiring holders of physical securities to furnish mandatory details including Permanent Account Number (PAN), Know Your Customer (KYC) information, and nomination specifics.The company states that security holders who hold their shares in physical form but have not updated essential records will be subject to payment restrictions effective April 1, 2024. The required updates include PAN, Contact Details, Mobile Number, Bank Account Details, Choice of Nomination, and Specimen Signature.As stipulated by regulatory directives, compliance with KYC requirements, including the submission of a PAN, is mandatory...