Markets

Aditya Birla Capital Ltd to Hold Board Meeting for Q1 Results; Designated Persons Trading Window Remains Closed Aditya Birla Capital Ltd has announced that its Board of Directors will convene a meeting to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026.The Board Meeting is scheduled for Friday, July 31, 2026.In parallel, the company confirmed that the trading window for all designated persons was closed starting from July 1, 2026. This restricted period will remain in effect until 48 hours following the announcement of the financial results, which extends through August 2, 2026 (both days inclusive).ABCAPITAL Stock Price Movement Shares of Aditya Birla Capital...

Anil Raghavan Appointed as Managing Director and CEO of Sun Pharma Advanced Research Company Limited Sun Pharma Advanced Research Company Limited (SPARC) has announced a significant change in its Board composition, appointing Mr. Anil Raghavan to the roles of Managing Director and Chief Executive Officer (CEO). This appointment comes as Dr. Rajamannar Thennati steps down from the Board upon completing his tenure.The company confirmed that Mr. Raghavan will assume the responsibilities starting August 11, 2026. He has been appointed as a director liable to retire by rotation, pending approval from members at the forthcoming 21st Annual General Meeting of the Company. Dr. Thennati's retirement is scheduled for August 10, 2026.Mr...

HCLTech Posts Quarterly Results, Declares Interim Dividend Amid Acquisition of Jaspersoft HCL Technologies Ltd announced the un-audited consolidated and standalone financial results for the quarter ended June 30, 2026. The Board of Directors approved the results, alongside declaring an interim dividend, as part of a meeting held on July 13, 2026.The company's operational focus remains strong, while the Group simultaneously moved to acquire Jaspersoft, a business unit from Cloud Software Group (CSG).Financial Performance Overview For the quarter ending June 30, 2026, HCL Technologies reported robust performance across its operations, as detailed in the consolidated financial results. Total income stood at 34,940 Uncrores.The...

Sotefin Bharat Set for Market Debut: Automated Parking Pioneer Launches Mega IPO on July 16 West Bengal-based tech firm Sotefin Bharat is preparing for its listing as it plans to open its Initial Public Offering (IPO) on July 16. The company, which specializes in automated car parking solutions, aims to raise significant capital through the offer, signaling a major growth trajectory in the specialized engineering sector.The IPO has been structured with a price band set at Rs 178-187 per share. Sotefin Bharat intends to garner up to Rs 89.76 crore through the public issue of 48 lakh shares at the upper end of the price band. This offering consists entirely of a fresh issue, directly fueling its expansion plans.IPO Timeline and Key...

Jenburkt Pharmaceuticals Shifts Registered Office within Mumbai Local LimitsJenburkt Pharmaceuticals Ltd has announced the relocation of its registered office, a move approved by the company's Board of Directors. The shift is scheduled to take effect from July 21, 2026.The decision follows a resolution passed by the Board of Directors on July 13, 2026, to move the company’s base within the local limits of Mumbai.The transition involves moving from the previous location at Nirmala Apartments, 93, Jay Prakash Road, Andheri West, Mumbai 400 058. The new registered office will be located at 14th floor, Unicorn, Dattaji Salvi Marg, off Veera Desai Road, Andheri West, Mumbai- 400 053.The company stated that there is no change in the...

JK Tyre & Industries Announces AGM 2026: Approves Re-appointment of Dr. Raghupati Singhania as Chairman & Managing Director JK Tyre & Industries Ltd. is scheduled to hold its 73rd Annual General Meeting (AGM) on Thursday, August 6, 2026, at the Registered Office in Kankroli, Rajasthan. The AGM will address key corporate decisions, including the adoption of audited financial statements, dividend declaration, and the re-appointment of senior management personnel.The agenda includes consideration of the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Furthermore, members are called upon to consider and pass resolutions regarding the re-appointment of Smt. Sunanda Singhania as a...

Phoenix Overseas Limited to Hold Board Meeting for Statutory Auditor AppointmentPhoenix Overseas Limited has scheduled a Board of Directors meeting to consider the appointment of its Statutory Auditors.The company's management announced that the meeting will be held on Tuesday, July 21, 2026, at 02:00 P.M. The meeting is set to take place at the Registered Office of Phoenix Overseas Limited and will address the selection of statutory auditors for the company.The key agenda item for the Board is to consider and approve M/s L.B. Jha & Co. LLP (FRN: 301088E) as the Statutory Auditors of Phoenix Overseas Limited.PHOGLOBAL Stock Price Movement Phoenix Overseas Limited shares settled today at ₹16.20, registering zero movement as the...

Simbhaoli Sugars Reports Consolidated Financial Results amidst Insolvency Proceedings; Audit Issues Adverse Opinions on Key Subsidiaries Simbhaoli Sugars Limited has recorded its audited consolidated financial results for the quarter and year ended March 31, 2026. These findings were reviewed by the Interim Resolution Professional (IRP) while the company undergoes Corporate Insolvency Resolution Process (CIRP). The reporting period saw significant operational losses across the group, accompanied by complex audit qualifications issued by auditors across various entities.The management of Simbhaoli Sugars Limited, which is currently under CIRP initiated by Punjab National Bank (PNB), recorded a total comprehensive loss of ₹6,759.93...

Beryl Securities Ltd to Hold Board Meeting for Fund Raising and Registered Office Shift Beryl Securities Limited has scheduled a Board of Directors meeting for the second quarter of 2026 to address two key corporate matters: raising funds through a preferential issuance and relocating its registered office within Indore.The meeting is set for Monday, July 20, 2026, at 02:00 P.M., and will be held at the company’s Registered Office located at 133, Kanchan Bagh in Indore, M.P.A primary agenda item for the board meeting involves raising funds. The directors are tasked with considering and approving the issuance of Equity Shares or other eligible securities on a preferential basis. This issuance is intended for Promoters and...

Indostar Capital Finance Allots Equity Shares Following Stock Option Exercise; Paid-up Capital Increases Indostar Capital Finance Ltd has completed the allotment of equity shares after the exercise of stock options under the IndoStar ESOP Plan 2018. The move resulted in an increase in the company's paid-up equity share capital.The allotment was approved by Mr. Randhir Singh, Managing Director and Executive Vice Chairman of the Company. As part of this action, Indostar Capital Finance allotted 7,352 equity shares of face value INR 10/- each to shareholders exercising their options.This transaction updates the company's capital structure, which saw a subsequent increase in paid-up equity share capital.The key details regarding the...

Cella Space Announces Unaudited Q1 Results and Approves Preference Share Redemption The Board of Directors of Cella Space Limited approved several key corporate actions, including the redemption of preference shares following strong performance reported in its unaudited financial results for the quarter ended June 30, 2026.The company's management reviewed and confirmed the un-audited standalone financial results. These figures reflect that Cella Space is operating independently, as it had sold its only wholly owned subsidiary, M/s Vijay Logistics Parks Private Limited, on May 14, 2026, meaning consolidated financials were not required for consideration at this time.Share Redemption Approved A significant decision approved by the...

Drone Revolution Ignites: Students Challenge Built on Indigenous Chip as MeitY Launches NIDAR 2.0 The Ministry of Electronics and Information Technology (MeitY) and the Drone Federation India (DFI) have launched the second edition of the National Innovation Challenge for Drone Application and Research, known as NIDAR 2.0. This major initiative aims to transition Indian students from merely operating drones to designing the core technology that drives them. The program was unveiled at Electronics Niketan in New Delhi under the SwaYaan banner.Shri S. Krishnan, Secretary of MeitY, highlighted a crucial shift in focus with the launch. He stated that NIDAR 2.0 is fundamentally about building the drone's "brain." By focusing on indigenous...

Hawa Engineers Ltd. Schedules Board Meeting to Review Unaudited Financial Results for Quarter Ended June 30, 2026 Hawa Engineers Ltd. has scheduled a meeting of its Board of Directors to review the company's financial performance for the quarter ended June 30, 2026. The meeting is set for Monday, July 20, 2026.The primary agenda item for the board includes considering and approving the Unaudited Standalone Financial Results for the quarter ending June 30, 2026. Additionally, the directors will consider any other business with permission from the Chair.In terms of internal procedures and reporting regarding insider trading, the trading window for dealing in the securities of Hawa Engineers Ltd. remains closed. This restriction is in...

Ranjit Securities Announces Board Meeting to Address Statutory Auditor AppointmentRanjit Securities Ltd has scheduled its third meeting of the Board of Directors for the fiscal year 2026-2027. The board meeting is set to address crucial matters related to the company’s statutory auditing requirements.The management announced that the Board meeting will be held on Thursday, July 16, 2026.Among the key items to be considered and approved during the meeting is the appointment of a Statutory Auditor. This auditor is intended to fill a casual vacancy that has arisen due to the resignation of the company's ongoing Statutory Auditor, pending subsequent shareholder approval.Stock Price Movement Ranjit Securities Ltd settled at ₹59.09...

RBI Slaps Monetary Penalty on Surat People's Co-operative Bank for Director Non-Compliance Issues Regulatory Action: RBI Imposes Penalty on Surat People's Co-operative Bank The Reserve Bank of India (RBI) has levied a monetary penalty against Surat People's Co-operative Bank Ltd., Surat. The penalty amounts to ₹13.30 lakh (Rupees Thirteen lakh and thirty thousand only). This action was taken under an order dated July 10, 2026.The imposition is for non-compliance with specific directions issued by the RBI regarding 'Board of Directors - UCB'. The penalty was exercised utilizing powers conferred upon the RBI under Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.Findings Detail Non-Compliance at...

Uno Minda Limited Appeal Regarding GST Penalty Order on Foreign Transactions Uno Minda Limited has received an order from the appellate authority concerning a dispute related to Goods and Services Tax (GST) non-payment on expenses reimbursed to foreign entities, services imported for technical and business support, and Corporate/Bank Guarantees provided for foreign entities. The company maintains that it does not foresee any material impact from this matter on its financial or operational activities.The dispute originated from a Penalty Order issued by the Office of Commissioner of Goods and Services Tax, Faridabad. This order demanded a penalty amounting to Rs. 1,71,52,785/- along with applicable interest.Following the initial...

PropShare Titania Announces Distribution for Unitholders Set Following Board Declaration PropShare Titania, the second scheme of the Property Share Investment Trust, has declared a distribution to its unitholders for the quarter ended June 30, 2026. The decision was made by the Board of Directors of PropShare Investment Manager Private Limited during their meeting held on July 13, 2026.The declaration sets the timeline and requirements for the fund's investors (unitholders) concerning the payment. Key dates related to the distribution have been established:Record Date: The date for distributions is set as July 16, 2026. Payment Date: The scheduled payout of these distributions will be completed on or before July 23, 2026.The...

Mahaveer Infoway Ltd Reports Qended June 2026 Financial Results; Company Secretary Resigns Mahaveer Infoway Limited released its unaudited financial results and a limited review report for the quarter ended June 30, 2026. The company also announced the resignation of Ms. Monika Rathi from her role as Company Secretary cum Compliance Officer.The Board of Directors of Mahaveer Infoway Limited reviewed and approved the results during a meeting held on July 13, 2026. The limited review report, conducted by Kalyana & Co., stated that nothing came to their attention regarding the unaudited financial statements for the quarter ended June 30, 2026, that suggested material misstatement or lack of required disclosure.Financial Performance...

RBI Auctions ₹32,000 Crore GoI Dated Securities; Market Gears Up for Yield Battle on Key Maturities The Reserve Bank of India (RBI) has announced a significant auction involving Government of India (GoI) dated securities, inviting bids for a total notified amount of ₹ 32,000 crore. The sale encompasses three different security tranches with varied maturities and coupon rates. This major issuance is scheduled to be conducted on Friday, July 17, 2026, under the supervision of the RBI Mumbai Office.Overview of the GoI Dated Securities Offerings The auction features three distinct dated securities, targeting investors with varying investment horizons. The offerings include a 6.03% GS maturing in January 2029 for ₹ 11,000 crore. Another...

Geetanjali Credit and Capital to Hold Board Meeting for Capital Increase and Funding Proposal A meeting of the Board of Directors has been scheduled for Geetanjali Credit and Capital Ltd., focusing on significant corporate activities, including increasing authorized share capital and reviewing a proposal for raising funds. The board meeting is set to take place on Thursday, July 16, 2026, at the company's registered office.The agenda for the Board of Directors includes two major business points related to the company's financial structure. First, the meeting will address the initiative to increase the Authorized Share Capital of Geetanjali Credit and Capital Ltd. Second, directors are set to consider a proposal for raising funds. This...