Markets

Vodafone Idea Board Sanctions Stock Option and PSU Grant to Employees The Nomination and Remuneration Committee of the Board of Directors of Vodafone Idea Limited approved a grant of stock options and performance stock units (PSUs) for eligible employees under the Vodafone Idea Limited Employee Stock Option and Performance Stock Unit Scheme 2024 (VIL Scheme 2024). The decision was made during a meeting held on July 13, 2026.The grant encompasses an aggregate of 13,89,72,376 instruments, comprising 8,75,68,313 Stock Options and 5,14,04,063 Performance Stock Units (PSUs). The VIL Scheme 2024 is designed to benefit employees under the terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.The grant specifies...

M S K A & Associates LLP Resigns as Statutory Auditors of Nuvoco Vistas Corporation Ltd Nuvoco Vistas Corporation Ltd has announced that M S K A & Associates LLP, Chartered Accountants, has tendered their resignation as the company's Statutory Auditors. The firm resigned following a Board meeting held on July 13, 2026.M S K A & Associates LLP, which was previously known as M S K A & Associates, served as the Statutory Auditor for Nuvoco Vistas Corporation Ltd since 2016. They were initially appointed in a casual vacancy for Financial Year (FY) 2016-17. The firm was subsequently reappointed at the 23rd Annual General Meeting held on August 5, 2022, to serve up to the conclusion of the 28th AGM planned for 2027.The resignation is...

Listing Status Confirmed: Felix Industries Declares Non-Applicability of Certain Corporate Governance Rules Felix Industries Limited has confirmed that specific Corporate Governance Provisions are not applicable to the company, citing its listing status on the SME Platform of the National Stock Exchange of India.The declaration clarifies that as a listed entity on NSE EMERGE, certain regulatory requirements related to corporate governance do not apply to Felix Industries Limited. This confirmation pertains specifically to the provisions outlined in SEBI regulations for entities listed on the SME platform.The company’s listing on the SME Platform of the National Stock Exchange (NSE) serves as the basis for this declaration regarding...

IVP Limited Announces 97th Annual General Meeting and Releases Financials for FY 2025-26 IVP Limited has announced the date for its 97th Annual General Meeting (AGM) and made available the Annual Report covering the Financial Year 2025-26. The company provided detailed information regarding the meeting logistics and document access for its shareholders on July 13, 2026.The 97th AGM is scheduled to take place on August 6, 2026, at 11 A.M. (IST). Shareholders are informed that the meeting will be conducted through a Video Conference (VC) facility or Other Audio Visual Means (OAVM).Accessing the Annual Report The Annual Report for the Financial Year 2025-26 is available online. Shareholders who have not registered their email addresses...

Mahindra & Mahindra Transfers Equity Shares as Employees Exercise Stock Options Mahindra & Mahindra Limited has finalized the transfer of equity shares from the Mahindra & Mahindra Employees' Stock Option Trust to eligible employees following the exercise of stock options under the company's Employees' Stock Option Scheme. The transactions were completed on July 13, 2026.The transfer involves distributing shares previously held by the Trust to various Stock Option Grantees who exercised their rights. This action is part of the ongoing implementation of the corporate employees stock option scheme at Mahindra & Mahindra Limited.A total of 2,050 equity shares were transferred across eight grantees listed in the related records. The...

PC Jeweller Board Meeting Scheduled to Approve QIP and Define Strategic Growth PlanPC Jeweller Ltd announced that a meeting of its Board of Directors will be held on Thursday, July 16, 2026, with key agenda items including finalizing a comprehensive business growth strategy and approving the raising of funds through a Qualified Institutions Placement (QIP).The board meeting is scheduled to consider the approval of a QIP designed to capitalize on identified growth opportunities. The proceeds from the proposed fundraising are intended primarily for supporting strategic growth initiatives, company expansion plans, capital requirements, and other general corporate purposes, aimed at strengthening the company’s long-term growth...

Reliance Home Finance Schedules Committee of Creditors Meeting following CIRP Process Update Reliance Home Finance Ltd has set the date for its 12th meeting of the Committee of Creditors (CoC), providing an update on the ongoing Corporate Insolvency Resolution Process (CIRP). The company confirmed that the crucial meeting, which was previously scheduled and then postponed, will now take place virtually.The company referenced a prior communication from September 20, 2025, detailing the initiation of the CIRP process for Reliance Home Finance Ltd. In continuation of these proceedings, the Committee of Creditors (CoC) is slated to meet on Tuesday, July 14, 2026.The meeting pertains to the Corporate Debtor and was originally scheduled...

Shoppers Stop Announces Board Meeting to Approve Q1 Un-audited Financial Results Shoppers Stop Ltd has scheduled a board meeting to review and approve the un-audited financial results for the quarter ended June 30, 2026. The meeting is set to take place on Wednesday, July 22, 2026, where the company is expected to consider and ratify both the Consolidated and Standalone financial outcomes.In addition to the Board meeting notification, the company has confirmed that the trading window for its equity shares, involving Designated Persons and their immediate relatives, has been closed. The closure began on July 01, 2026, specifically in preparation for the declaration of the said Un-audited Financial Results.The designated trading...

IGC Industries Ltd Announces Q1 Results for FY 2026; Financials Show Significant Operating Loss IGC Industries Limited, formerly known as IGC Foils Limited, announced the unaudited financial results for the quarter ended June 30, 2026. The company's Board of Directors approved the quarterly financials and the accompanying limited review report issued by Statutory Auditors on Monday, July 13, 2026.The Board meeting commenced at 5:30 P.M. and concluded at 6:00 P.M., considering and approving both the unaudited financial results and the statutory auditor's limited review report for the quarter ending June 30, 2026.Financial Performance Highlights (Q ended June 30, 2026) The company reported an operating loss of ₹1,462.03 lakhs for the...

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...