Markets

Sera Investments & Finance India Ltd Announces Resignation of Independent Director Sera Investments & Finance India Limited has announced the resignation of Saurabh Shah from his position as a Non-Executive Independent Director of the company, effective July 1, 2026.The resignation was tendered by Mr. Saurabh Shah due to personal reasons. In his letter, he confirmed that there were no other material reasons for his departure beyond those stated in his resignation. The Board of Directors had approved and noted the resignation during its meeting held on July 1, 2026.The company reported that Mr. Shah does not hold any directorships in other listed entities.Key details regarding the change in directorial status are summarized below...

CMR Green Technologies Limited Updates Corporate Identification Number Following Stock Exchange Listing CMR Green Technologies Limited has formally updated its corporate identity following the equity shares listing on stock exchanges, confirming a change in its Corporate Identification Number (CIN) and updating its company status from Unlisted to Listed.The Company's CIN has been changed from 'U00337HR2005PLC085675' to 'L00337HR2005PLC085675'. This update reflects the transition and listing status of CMR Green Technologies Limited.Key financial and corporate information regarding the Company includes:Date of Incorporation: 23/08/2005 Authorised Capital: 53,34,26,780 Rs Paid up Capital: 43,81,10,978 Rs Date of last Balance Sheet...

Alan Scott Enterprises Ltd Appoints Mr. Kakkayur Palliyil Pradeep as Additional Independent Director Alan Scott Enterprises Limited has appointed Mr. Kakkayur Palliyil Pradeep as an Additional Independent Director. This appointment was approved by the Company's Board of Directors and is effective from July 04, 2026.Mr. KP Pradeep will serve in this capacity until the date of the ensuing Annual General Meeting. Following approval by the Members, he is expected to hold office for a period of five consecutive years starting from the initial effective date of appointment.The Board recognized Mr. KP Pradeep's extensive experience and expertise in corporate governance. He is described as a seasoned business leader with over 20 years of...

Shipwaves Online Ltd Appoints Whole-Time Director as Chief Financial OfficerShipwaves Online Ltd has approved the appointment of Mr. Mohammed Sahim Haris as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company. The decision was ratified by the Board of Directors at its meeting held on July 4, 2026, and the appointment is set to be effective from July 7, 2026.The appointment follows a recommendation made by the Nomination and Remuneration Committee. Mr. Haris, who is also a Whole-Time Director, will assume the role of CFO.Background and Profile Mr. Mohammed Sahim Haris holds a Bachelor of Business Administration (BBA) in Logistics and Supply Chain Management from Manipal. He brings relevant experience...

Hawkins Cookers Limited Releases Sustainability Report Highlighting ESG Commitments and Operational Focus Hawkins Cookers Limited has published its Business Responsibility and Sustainability Report for the Financial Year (FY) 2025-26, detailing its operations, environmental stewardship, and commitment to ethical conduct. The report provides a comprehensive look at the company’s activities across global markets, workforce management, and resource conservation efforts.Operational Scope and Market Presence Hawkins Cookers Limited is a company incorporated on February 25, 1959. As of FY 2025-26, the entity maintains significant operational capacity with four plants and two offices located nationally. The company serves customers including...

CIT(A) Sustains Tax Additions against Abacus Real Estate, Subsidiary of Kalpataru Ltd The Commissioner of Income Tax (Appeal) has dismissed the appeal filed by Abacus Real Estate Pvt Ltd, a wholly owned subsidiary of Kalpataru Ltd., upholding additions made by the Income Tax Officer. The ruling pertains to an assessment order for the Assessment Year 2013-14, resulting in a net tax demand of Rs. 9.20 crore.The verdict relates to an appeal filed by Abacus against the original assessment order issued by the Income Tax Officer. Initially, the tax demand, inclusive of interest, amounted to Rs. 15.44 crore.Following the proceedings before the CIT(A), which dismissed the appeal and sustained the additions made by the Income Tax officer...

Digital Fibre Infrastructure Trust Announces Sixth Annual General Meeting via Video Conferencing Digital Fibre Infrastructure Trust (the Trust) has scheduled its Sixth Annual General Meeting (AGM) for Unitholders, which will be conducted through Video Conferencing (VC) or other audio visual means (OAVM). The AGM is set for Monday, July 27, 2026, at 4:00 p.m. (IST).The Trust has released the notice outlining several ordinary business items scheduled for consideration during the meeting. These agenda items focus primarily on the financial performance and asset valuation of the Trust for the last financial year.Key Agenda Items The AGM is scheduled to address two primary areas: the approval of the audited financial statements and the...

New Markets Avenue Ltd Approves Warrant Conversion, Appoints Secretarial Auditor New Markets Avenue Limited announced a significant corporate development, confirming the conversion of warrants into equity shares and appointing a specialized firm as its Secretarial Auditor. The decisions were approved by the Board of Directors during a meeting held on July 04, 2026.Warrant Conversion Details The Board considered and approved the conversion of 53,00,000 warrants into an equal number of Equity Shares. These shares were allotted at par, with a face value of Rs. 10/- each, on a preferential allotment basis to several allottees who exercised their rights of conversion.The total number of warrants applied for conversion was 53,00,000...

Kalyani Cast-Tech Ltd Approves Preferential Issue of Convertible Warrants Worth Nearly ₹19 Crore Kalyani Cast-Tech Limited announced a major capital raising initiative, approving the issue of 3,23,123 Convertible Equity Warrants on a preferential basis. The offer is valued at up to ₹18,80,57,586 and is intended to support the company's expansion plans and working capital requirements.The proposal was presented in a Special Resolution scheduled for approval by members at an Extra Ordinary General Meeting (EGM) set for July 28, 2026. The Warrants are priced at ₹582 per unit (inclusive of subscription and exercise price).Allotment Structure and Participants The preferential offer targets both promoter groups and non-promoter investors...

Shalimar Wires Industries Ltd Approves Key Appointments and Announces Extra Ordinary General Meeting The Board of Directors of Shalimar Wires Industries Ltd, during a meeting held in Kolkata on July 4, 2026, sanctioned significant corporate actions, including the appointment of an additional independent director and the scheduling of an Extra Ordinary General Meeting (EGM).A key outcome of the board proceedings was the approval for the appointment of Mr. Sanjay Kumar Kaushik (DIN: 00329013) as an Additional Director on the company's Board of Directors. This appointment is subject to the subsequent approval of the shareholders of Shalimar Wires Industries Ltd.To convey these decisions and other matters, the company will convene an...

Market Price Movements Clarified as Management States No Role in Stock Increase Marble City India Limited has stated that recent movements in the price of its security are purely market driven, asserting that the company, management, and promoters have no role in the increase.The clarification comes after scrutiny regarding significant movement in the security's price. The company confirmed that it has complied with all necessary disclosure requirements.Management members and promoters confirmed that they do not possess any price sensitive information that is unknown to the public.Regarding future market activity, Marble City India Limited committed to disclosing any sensitive information as and when it arises, ensuring compliance...

SEBI Exempts Succession Transfer in Waaree Energies: Family Trust Acquires Stake Without Mandatory Open Offer Regulator Clears Internal Succession Plan for Waaree Energies Securities and Exchange Board of India (SEBI) has granted a significant exemption to the proposed transfer of promoter shareholding in Waaree Energies Limited. The regulator ruled that the transaction, which sees a family trust acquire substantial shares, is purely an internal succession arrangement. SEBI determined that this move does not alter control or prejudice public shareholders, thereby waiving the mandatory open offer requirement under existing regulations.The exemption allows the CT Doshi Family Trust to acquire a 44.88 percent direct stake in Waaree. This...

Chief Financial Officer Zeeshan Ali Mohammed Habibi Resigns from Shipwaves Online Limited Shipwaves Online Ltd has announced the resignation of its Chief Financial Officer, Mr. Zeeshan Ali Mohammed Habibi, citing personal reasons. The company confirmed that he will be relieved from his duties with effect from close of business hours on July 6, 2026.Mr. Habibi submitted his resignation due to his inability to devote sufficient time to the affairs of Shipwaves Online Ltd. He resigned following a letter dated July 3, 2026. The company stated that there are no other material reasons for his departure beyond those already mentioned.The details of the CFO's resignation and tenure were provided as follows:ParticularsDetailsReason...

India-Israel Bilateral Investment Agreement Comes Into Force, Prompting Surge in Cross-Border Investment Opportunities The India-Israel Bilateral Investment Agreement (BIA) has officially come into force on July 4, ushering in a significant new chapter for economic cooperation between the two nations. This strategic pact, signed on September 8, 2025, is set to profoundly strengthen bilateral economic ties by establishing secure and predictable investment climates for businesses operating across both borders.Strengthening Bilateral Ties with the BIA The newly operational BIA reinforces the commitment of both countries to mutual growth while adhering to modern principles of international investment law. The Finance Ministry stated that...

Kilburn Office Automation Ltd Declares Unmodified Audit Opinion on Quarterly and Year-to-Date Financial Results Kilburn Office Automation Limited has published its quarterly and year to date audited standalone financial results for the period ending March 31, 2026. The company confirmed that the results were subject to an unqualified audit opinion.The management of Kilburn Office Automation Ltd provided the financial results as per Indian Accounting Standards. These results detail the performance and financial position against the quarter ended March 31, 2026, and the year to date for the period spanning April 1, 2025, to March 31, 2026.Financial Performance Overview The company reported a net loss in both the quarterly and the year...

HLE Glascoat Ltd Announces Resignation of Chief Financial Officer Naveen Kandpal HLE Glascoat Ltd has announced a change in its Key Managerial Personnel (KMP) following the resignation of Mr. Naveen Kandpal, who serves as the company's Chief Financial Officer (CFO).Mr. Kandpal tendered his resignation due to personal reasons and will cease to be the CFO of HLE Glascoat Ltd effective from July 3, 2026, after the close of business hours. Consequently, he will also stop being a KMP for determining the materiality of any event or transaction for required disclosures, effective July 3, 2026.The resignation details confirm the following key information regarding the change in personnel:ParticularsDetailsReason for ChangeResignation...

Manglam Infra & Engineering Limited Secures Contract Award from MPRRDA for Road Development Project Manglam Infra & Engineering Limited has secured a contract award with the Madhya Pradesh Rural Road Development Authority (MPRRDA) in Bhopal, focusing on infrastructure planning related to the PMGSY-IV Bridges Package. The project involves the preparation of the DPR Consultancy (Detailed Project Report) for works under this package in Barwani district.The contract awarded by MPRRDA is valued at Rs. 38,53,980 (Rupees Thirty Eight Lakh Fifty Three Thousand Nine Hundred Eighty Only), excluding GST. The scope of work includes providing the DPR Consultancy services for PMGSY-IV Bridges Package No. PMGSY-. IV /DAJGUA/Brg./10 in Barwani (Nodal...

Baazar Style Retail Limited Expands Footprint with New Store Opening in Varanasi Baazar Style Retail Limited has announced a significant step in its ongoing retail expansion, revealing the opening of a new store of Style Baazar. The latest addition is located at Gilat Bazar in Varanasi, Uttar Pradesh.The introduction of this new outlet underscores the company's steady growth and expanding reach across markets. Following the opening in Varanasi on July 04, 2026, Baazar Style Retail Limited reported that its total store count has increased substantially. The company now operates a network comprising 274 stores.STYLEBAAZA Stock Price Movement On Friday, shares of Baazar Style Retail Limited rallied, closing at ₹323.15 after gaining...

Black Box Limited Confirms Cessation of Senior Management Personnel Black Box Limited has announced that Mr. Jai Venkat is no longer associated with the company in his capacity as Head of Sales -GSI Americas. The cessation was effective from June 30, 2026, citing an internal reason for the change.The Company stated that while the departure of the senior management personnel occurred, it has had no adverse impact on the day-to-day functioning and operations of Black Box Limited. Management is actively engaged in finding a suitable replacement candidate for the position and will keep stakeholders informed upon the finalization of the new appointment.Details regarding the change in senior management personnel are as follows...

Govt Boosts Onion Procurement Price by 13% to ₹2,125 per Quintal as Buffer Stock is Strengthened The Government has significantly enhanced support for onion farmers by increasing the procurement price for onions utilized in the Price Stabilisation Buffer. Effective from July 4, 2026, the purchase rate through NAFED and NCCF has been raised by 13%.The revised procurement price moves from ₹1,875 per quintal to the new rate of ₹2,125 per quintal. This increase is specifically intended to ensure better returns for onion farmers while strengthening efforts related to buffer stock creation. Procurement operations are currently underway through these designated agencies.Government Elevates Farmer Welfare and Buffer Procurement The price...