Markets

Oriental Trimex Limited Appoints Mr. Gunasekaran A as Chief Financial Officer Oriental Trimex Limited has appointed Mr. Gunasekaran A as the Chief Financial Officer and Key Managerial Personnel of the company. This decision was made by the Board of Directors following the recommendation of the Nomination and Remuneration Committee.The appointment is effective from July 13, 2026. The role entails ensuring corporate finance management and strategic compliance for Oriental Trimex Limited. Mr. Gunasekaran A will hold office until resignation or termination in accordance with applicable laws and company policies.Key Personnel DetailsMr. Gunasekaran A brings significant experience to the role, holding a Master of Commerce (M.Com) and a...

NCLT Issues Clarification Order for Scheme of Arrangement involving Sammaan Capital and Sammaan Finserve The National Company Law Tribunal (NCLT) has issued a clarification order regarding the proposed Scheme of Arrangement between Sammaan Capital Limited and Sammaan Finserve Limited. The order, pronounced on July 10, 2026, modifies previous directives concerning the meetings and notice requirements related to the ongoing scheme.The decision pertains to the joint application filed by Sammaan Finserve Limited (Demerged Company) and Sammaan Capital Limited (Resulting Company), seeking rectification or clarification of certain aspects of an earlier order dated June 12, 2026, passed in relation to the Scheme of Arrangement.Key...

Uno Minda Ltd Receives Customs Order Over Anti-Dumping Duty on Machinery Import Uno Minda Limited has received an order from the Office of the Commissioner of Customs regarding Anti-Dumping Duty concerning the import of machinery. The company has been directed to pay a specific amount as stated in the customs order, and it intends to contest the determination based on the merits of the case.The decision was issued by the Addi. Commissioner of Customs at Jawaharlal Nehru Custom House in Nhava Sheva, Maharashtra. According to the details provided, the company has received an order regarding Anti-Dumping Duty on import of machinery, requiring payment of Rs 48,81,256/-.The receipt and nature of the customs directive are detailed below...

Alembic Limited Announces 119th Annual General Meeting and Releases FY2025-26 Annual Report Alembic Limited has announced the details for its 119th Annual General Meeting (AGM), scheduled alongside the release of its Annual Report for the Financial Year 2025-26.The AGM is set to take place on Tuesday, August 11, 2026, at 5:00 p.m. (IST). The meeting will be conducted through Video Conference (VC) or Other Audio Visual Means (OAVM).Shareholders can access the Annual Report for FY 2025-26 on the company’s website. Furthermore, the AGM notice and report are available on the websites of both the BSE Limited and the National Stock Exchange of India Limited.Key dates related to the dividend process and shareholder voting have been...

Gradiente Infotainment Limited holds major entertainment event; launches "Abhaya" trailer and multiple music videos Gradiente Infotainment Limited marked a significant milestone in its media and entertainment expansion by hosting the Gradiente Entertainment Event at Hotel Sahara Star, Mumbai. The company organized the high profile gathering which featured updates across film, music, and digital content ventures, showcasing its commitment to creating quality entertainment.The event began with a corporate presentation detailing the Company's journey, achievements, business vision, and future growth strategy. Dr. Vimal Raj Mathur, Chairman and Managing Director, addressed the attendees, outlining Gradiente Infotainment Limited's roadmap...

Ideaforge Technology Reports on Business Responsibility and Sustainability for FY25-26 Ideaforge Technology Limited has detailed its operational scale, ESG commitments, and performance metrics for the Financial Year 2025-26. The company continues to focus on responsible governance, human capital development, and environmental stewardship across its core business activities in Unmanned Aerial Vehicle (UAV) manufacturing and solution applications.The company maintains a significant national and international presence while serving key government agencies. Ideaforge is engaged in the manufacturing and assembly of UAVs and their components, including payloads, batteries, chargers, and communication systems. Its business activities are...

Virtual Global Education Ltd Declares Financial Results, Board Meeting Outcomes; Audit Notes Irregularities and Misappropriation Virtual Global Education Ltd released its unaudited financial results for the quarter ended June 30, 2026, alongside outcomes of its recent Board meeting. The company announced key corporate appointments while auditors issued a qualified opinion highlighting significant financial irregularities and unsupported transactions involving senior management.The company's Board of Directors held a meeting on July 13, 2026, concluding the review of the quarter's performance. The board approved the unaudited standalone and consolidated financial results for the period ended June 30, 2026, along with the Director's...

Sun Pharma Advanced Research Company Announces Board Transition as CEO Anil Raghavan Appointed Managing Director Sun Pharma Advanced Research Company Ltd (SPARC) has announced significant changes concerning its senior management team. The company disclosed the retirement of Dr. Rajamannar Thennati from the Board of Directors, effective upon completion of his term at the upcoming 21st Annual General Meeting. Simultaneously, Mr. Anil Raghavan, who currently serves as Chief Executive Officer (CEO), has been appointed as Managing Director and CEO, effective August 11, 2026.Mr. Raghavan’s new role involves him being liable to retire by rotation at the 21st Annual General Meeting of the Company. The company confirmed that Mr. Anil Raghavan...

CCL Products (India) Ltd Issues 2,100 Shares Following Employee Stock Option Scheme Exercise CCL Products (India) Limited has completed the allotment of new equity shares following the exercise of options granted under the CCL Employee Stock Option Scheme - 2022. The shares were exercised by an eligible employee through the CCL Employees Trust after the requisite vesting period was met.The transaction involved the issue of 2,100 equity shares of the Company, each having a face value of Rs. 2/-. These newly allotted shares are expected to rank pari-passu with the existing shares of CCL Products (India) Limited, resulting in no change in the paid up share capital of the company subsequent to this transfer.The details concerning the...

CCI Imposes Massive Penalty on HP India for Dictating Bid Prices in Cartelization Scandal The Competition Commission of India (CCI) has delivered a significant ruling against HP India, imposing a substantial penalty for engaging in anti-competitive practices within the supply chain of personal system products. The decision highlights serious concerns regarding market manipulation and cartelization by large corporations and their partners.Penalty Imposed on HP India and Resellers Under an order issued on 13.07.2026, the CCI levied a penalty of INR 126.87 crores against HP India. Additionally, five affiliated resellers faced a combined penalty of approximately INR 1.22 crores for their involvement in these anti-competitive practices...

Setco Automotive Limited Appoints Aditi Pai as Company Secretary and Compliance Officer Setco Automotive Limited has announced the appointment of Ms. Aditi Pai as its Company Secretary and Compliance Officer. The appointment took effect on July 13, 2026.Ms. Aditi Pai has been appointed to this role by Setco Automotive Limited. She is an Associate member of the Institute of Company Secretaries of India, holding Membership No. A64790. Ms. Pai brings five years of experience in corporate secretarial functions, corporate governance, regulatory compliance, and legal matters.In her professional capacity, she has handled compliances pertaining to the Companies Act, 2013, SEBI (LODR) Regulations, 2015, among other applicable corporate laws...

Kreon Financial Services Ltd Receives Certificate of Appreciation for Consistent GST Compliance Kreon Financial Services Limited has been recognized by the Central Board of Indirect Taxes & Customs (CBIC), Ministry of Finance, Government of India, for its commitment to Goods and Services Tax (GST) compliance. The company received a Certificate of Appreciation in recognition of its timely filing of GST returns and substantial payment of GST in cash during the Financial Year 2025-26.This formal recognition from the CBIC highlights Kreon Financial Services Limited's consistent adherence to tax regulations. The Company has secured this award for the fourth consecutive year, underscoring its dedication to maintaining high standards of GST...

Cartel Allegations Rock Global Market: HP India and 17 Resellers Face Penalty Over Supplies Product Bid Rigging The Competition Commission of India (CCI) has delivered a landmark ruling concerning alleged cartelisation within the supply chain of printing consumables. The CCI found that HP India Sales Private Limited, alongside seventeen designated resellers, contravened competition laws regarding the sale and supply of HP Supplies Products to government bodies in Delhi. This addresses systemic practices involving bid rigging, price control, and customer allocation within the B2G procurement space.The investigation centered on tenders floated on the Government e-Marketplace (GeM) platform, where the value exceeded INR ₹ 20 lakhs. The...

Shree Steel Wire Ropes Limited Approves Q1 Results, Announces Management Changes Shree Steel Wire Ropes Limited (SSWRL), a manufacturer of steel and stainless steel ropes, railway electrification equipment, and OHE fittings for transmission lines, announced several key corporate decisions following its Board meeting held on July 13, 2026. The company reviewed the unaudited financial results for the quarter ended June 30, 2026, approved the company's Annual General Meeting (AGM) dates, and noted significant changes in its management team.Q1 Financial Performance Review The Board of Directors considered and approved the Un-Audited Financial Results of the Company for the quarter ended June 30, 2026, along with a Limited Review Report...

EMS Ltd Secures Lowest Bidder Status for Sewerage Project Worth Rs 10,581.65 Lakhs EMS Ltd has secured the status of the lowest bidder (L-1) from UP Jal Nigam (Urban), Varanasi, for a major sewerage project. The awarded order, which covers extensive preparatory and construction work, has an estimated value of approximately Rs 10,581.65 lakhs, excluding GST.The contract involves providing comprehensive services related to the 'Providing Sewer House Connection and associated works in Ramnagar Zone (Extended Area) of Nagar Nigam Varanasi' on a turn key basis. EMS Ltd will undertake surveying, soil investigation, design, and supply of all necessary materials and labor for the project.Key aspects of the awarded work include the...

USFDA Issues Warning Letter to Alembic Pharmaceuticals Over Bioequivalence Study, Citing ICF Observation Alembic Pharmaceuticals Limited has been informed that the United States Food and Drug Administration (USFDA) issued a Warning Letter concerning a bioequivalence study conducted at its Bioequivalence Facility. The warning relates specifically to observations regarding the Informed Consent Form (ICF).The USFDA issued the Warning Letter on July 10, 2026, following an inspection conducted between March 3, 2025, and March 7, 2025. Alembic Pharmaceuticals has stated that the observations detailed in the letter do not relate to data integrity within the study.The company noted receiving the Warning Letter on July 12, 2026. Based on its...

Kaka Industries Ltd Reports Robust Q1 Growth; Revenue Jumps by Nearly 25% YoY Kaka Industries Limited has reported a strong performance for the first quarter of the financial year 2026-27, demonstrating both operational strength and financial momentum. The company recorded significant top-line growth while successfully maintaining operating margins despite volatility in raw material markets.The Q1 results highlight a broad-based increase across the entire product portfolio. Total revenue for Kaka Industries Ltd saw impressive growth compared to the corresponding quarter of the previous fiscal year.Financial Performance Snapshot The financial performance data for Kaka Industries Limited is presented below:ParticularsQ1 FY...

Confidence Petroleum India Ltd Schedules Analysts and Institutional Investors Meeting in Nagpur Confidence Petroleum India Ltd has announced the schedule for its forthcoming meeting with analysts and institutional investors. The event is set to take place in Nagpur, combining a group session with an on-site visit.The company provided details regarding the specialized meeting intended for market participants. According to the provided schedule, the engagement is slated for Friday, 17th July 2026.A summary of the planned meeting is detailed below:DateVenueType of MeetingFriday, 17th July 2026NagpurGroup Meeting - In person; Site VisitThe company also provided operational notes regarding the planned event. It was noted that...

HCLTech Reports Robust Q1 FY27 Performance with 13.9% YoY Revenue Growth and $2.4Bn in New Deal Wins HCLTech has reported a steady performance for the first quarter of Fiscal Year 2027 (Q1 FY27), reflecting strong growth in AI-led transformations and significant new business wins. The company announced consolidated revenue of ₹34,579 Cr, marking a 13.9% year-over-year (YoY) increase, while Net Income rose 20.3% YoY to ₹4,624 Cr.The company recorded substantial Q1 net new bookings at $2,407 million, demonstrating enterprise commitment to its AI transformation services. Advanced AI revenue specifically grew by 10.6% QoQ and 62.1% YoY in constant currency terms (CC).Key Financial Highlights for Q1 FY27 HCLTech maintained operational...

Jaiprakash Power Ventures Ltd Sets Board Meeting Date; Insider Trading Window Closed Jaiprakash Power Ventures Ltd has scheduled its 159th meeting of the Board of Directors to review the company's recent financial performance. The meeting is set for Monday, July 20, 2026.The primary agenda item for the board includes the consideration and approval of the Un-audited Standalone and Consolidated Financial Results for the Quarter ended June 30, 2026.In addition to the board meeting announcement, the company confirmed the operational status of its trading window. The trading window has been closed from July 1, 2026, and remains restricted until July 22, 2026 (evening).During this closed trading period, members of the company's senior...