Markets

PropShare Celestia Reports No Deviation in Utilization of IPO Proceeds for Q2 2026 PropShare Celestia has confirmed that the proceeds generated from its Initial Public Offering (IPO) have been utilized strictly according to the objectives set out in the Final Key Information of the Scheme, with no deviations or variations reported for the quarter ending June 30, 2026. The funds were deployed in line with the stated use of proceeds as outlined in April 17, 2026.The statement provided by PropShare Celestia confirms that all financial activities related to the third scheme of Property Share Investment Trust proceeded without any variation regarding the utilization of funds raised through the IPO.Details concerning the fund raising and...

Kaya Limited Announces 23rd Annual General Meeting, Outlines Dividend Distribution Process Kaya Limited has announced that its 23rd Annual General Meeting (AGM) will be held on Friday, August 7, 2026. The meeting is scheduled to take place at 9:30 a.m. IST and will be conducted through Video Conferencing. This information was published in newspapers including Financial Express and Mumbai Lakshdeep on July 13, 2026.The company has also provided details regarding the payment of dividends. Shareholders are informed that a dividend is set to be paid from members' allotted shares. The process involves the division of taxes between the members and the company, with TDS being deducted at the prescribed rate.Key financial information...

Board Approves Up To Rs 1,55 Crore Rights Issue for Jaykay Enterprises Ltd Jaykay Enterprises Limited announced that its Board of Directors has approved plans to raise funds through a Rights Issue involving partly-paid up equity shares. The company's board meeting on July 13, 2026, considered and sanctioned the issuance of securities amounting to up to Rs 1,55,00,00,000 (Rupees One Hundred and Fifty-Five Crore).The decision grants eligible shareholders a right to purchase these shares during the Rights Issue. The company's Board has authorized a specific 'Rights Issue Committee' to oversee the transaction. This committee will be responsible for determining several key operational aspects of the issue.Terms that fall under the...

RDB Real Estate Constructions Invests in New SPV for Gems & Jewellery Park Development RDB Real Estate Constructions Ltd has committed to a strategic investment in a new Special Purpose Vehicle (SPV) aimed at the development of a Gems and Jewellery Park. The company approved the investment representing 49% of the Paidup Share Capital in the entity, which is being incorporated as ASHOKA - RDB INFRASTRUCTURE & DEVELOPMENT PRIVATE LIMITED.The proposed company is set up for the purpose of developing a Gems & Jewellery Park through a Public Private Partnership (PPP) model. The project location is specified as Krishi Upaj Mandi, Mandi Road, Pandri, Raipur in Chhattisgarh.Details regarding the financial structure and shares allotted under...

GSB Finance Ltd Announces Name Change and Major Capital Restructuring The Board of Directors of GSB Finance Limited approved several significant corporate actions in a meeting held on July 13, 2026. Among the key decisions were a change in the company's name, an increase in authorized share capital, and the preferential issuance of up to one million two hundred thousand equity shares.The Board considered and approved the increase in the company's authorized share capital from Rs 6,00,00,000/- (Rupees Six Crores) divided into 60,00,000 Equity Shares of Rs 10/- each, to Rs 10,00,00,000/- (Rupees Ten Crores) dividable into 1,00,00,000 Equity Shares of Rs 10/- each. This change is subject to member approval and other statutory...

HCL Technologies Reports Quarterly Results, Boosts Profit, Details Strategic Acquisitions HCL Technologies Limited has reported its condensed consolidated interim financial statements for the three months ended June 30, 2026. The results show growth in revenue and profit, alongside several strategic acquisitions designed to strengthen the company’s capabilities across various technology domains.The Group reported a total revenue of $3,650 million for the period, compared to $3,545 million in the three months ended June 2025. Profit before tax stood at $645 million, resulting in a profit for the period attributable to owners of the Company of $488 million. This figure is up from $450 million reported in the previous fiscal year's...

Himatsingka Seide Ltd Allots Rs 15 Crore in Tranche 1 Series E Non-Convertible Debentures Himatsingka Seide Limited has successfully allotted a tranche of non-convertible debentures (NCDs) through a private placement. The securities were issued on July 13, 2026, raising a total aggregate amount of Rs 15,00,00,000/-.The company's Securities Committee allotted 300 Tranche 1 Series E Unlisted, Senior, Secured, Unrated, Redeemable, Taxable Transferable Non-Convertible Debentures (Tranche 1 Series E Debentures). These debentures were denominated in Indian Rupees and each had a face value of Rs 5,00,000/-, with the entire issue being executed at par.The tenure of these NCDs is set for 42 months from the deemed date of allotment. The...

India Ratings Affirms Credit Rating of Neuland Laboratories Ltd India Ratings and Research has affirmed the credit rating assigned to Neuland Laboratories Limited for its bank loan facilities.The company received confirmation regarding this credit rating affirmation from India Ratings and Research, signaling stability in its financing profile. The assessment specifically pertains to the company's ability to service debt related to bank loans.The details of the confirmed credit rating are as follows:Type of Credit RatingRatingRating ActionBank loan facilitiesIND A+/ Positive/ IND A1AffirmedNEULANDLAB Stock Price Movement Neuland Laboratories Limited saw its shares shed 2.59% after closing trading today, settling at ₹19019...

Stove Kraft Ltd to Hold Board Meeting to Approve Unaudited Financial Results for Quarter Ended June 30, 2026 Stove Kraft Ltd announced that its Board of Directors will convene a meeting on Monday, August 03, 2026. The primary agenda item for the meeting is the consideration and approval of the Standalone Unaudited Financial Results for the quarter ending June 30, 2026.The company's board is scheduled to meet on August 3rd to review the financial performance for the specified quarter. This meeting pertains to the necessary internal approval of the unaudited results before further public disclosure.STOVEKRAFT Stock Price Movement Shares of Stove Kraft Limited slipped by 1.12% in post-market trading today, settling at ₹791.15. The...

Schaeffler India Ltd. Schedules Board Meeting to Approve Half-Year Financial ResultsSchaeffler India Limited has scheduled a meeting of its Board of Directors on Wednesday, July 22, 2026. The primary agenda item for the meeting is the consideration and approval of the Unaudited Financial Results (both Standalone and Consolidated) pertaining to the quarter and half year ended June 30, 2026.The company's board meeting aims to review the operational performance detailed in these financial results.In addition to the board proceedings, Schaeffler India Limited has also noted restrictions concerning its trading period. The Company's trading window is closed from July 1, 2026, and will remain closed through July 24, 2026 (both days...

Siemens Ltd Unveils Business Responsibility Report for FY 2026, Highlighting ESG Commitments and Operations Siemens Limited has published its comprehensive Business Responsibility and Sustainability Report (BRSR) for the financial year ending March 31, 2026. The report outlines the company’s measurable strides in Environmental, Social, and Governance (ESG) domains during the 18-month period spanning October 1, 2024, to March 31, 2026.The release underscores Siemens Limited's commitment to sustainable growth, driven by its DEGREE Sustainability Framework, which focuses on areas such as Decarbonization, Ethics, Governance, Resource Efficiency, Equity, and Employability. The report provides detailed insights into the company’s...

BlueStone Jewellery and Lifestyle Ltd to Hold Board Meeting for Q1 Un-audited Financials Review BlueStone Jewellery and Lifestyle Ltd has scheduled a meeting of its Board of Directors to review and approve the company's un-audited financial statements. The meeting is set for Monday, July 20, 2026.The purpose of the board meeting is to consider and approve both the standalone and consolidated Un-audited financial Statements for the quarter ending on June 30, 2026.In connection with the scheduled event, BlueStone has also announced a restriction regarding insider trading. The trading window for dealing in the securities of the Company by Insiders and Designated Persons is closed starting Wednesday, July 01, 2026, and will remain...

India-US Trade Negotiations: Commerce Secretary Agrawal Confirms Deal Will Provide Pathway to Navigate Section 301 Disputes A bilateral trade agreement between India and the United States is anticipated to serve as a critical pathway to navigate various aspects of their trade relationship, including disputes stemming from ongoing US Section 301 investigations, according to Commerce Secretary Rajesh Agrawal on July 13.Agrawal stressed that while the Section 301 probes are distinct from the broader trade negotiations, any resulting deal would address all commercial aspects of the bilateral engagement. He stated that both sides will find innovative ways to resolve issues, ensuring that new tariffs do not emerge after a trade deal is...

TGV Sraac Ltd Adds 2.5 MWp Solar Power Capacity Boosts Total Generation Capability TGV Sraac Ltd has expanded its solar power generation capacity by adding an additional 2.5 MWp of solar capacity. This expansion increases the company's overall solar generating capability.The addition means that TGV Sraac Ltd's solar power generating capacity will rise from 60.40 MWp to 62.90 MWp.The key figures detailing the update are summarized below:MetricPrevious CapacityAdded CapacityNew Total CapacitySolar Power Generating Capacity (MWp)60.402.562.90Stock Price Movement TGV Sraac Ltd settled at ₹102.25 near market close today, having edged higher by 0.54%. The stock's shares traded within a solid range, bouncing off lows of ₹100.75...

Board Approves Comprehensive Fundraising Initiative at Galactico Corporate Services Ltd Galactico Corporate Services Limited has authorized a broad fund-raising exercise following a decision made by its Board of Directors. The move signifies a strategic step toward capital accretion, with the company setting the stage for various methods to raise funds in future tranches.The Board meeting focused on considering and discussing proposals for raising funds through multiple permissible modes. These modes include private placement, public issue, qualified institution placement (QIP), preferential issue of equity shares or warrants, and various debt instruments. The decision allows Galactico to explore diverse financial structures as...

Uflex Appoints Mr. Arun Kumar Sharma as Chief Financial Officer and KMP Uflex Ltd confirmed the appointment of Mr. Arun Kumar Sharma as the company's Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). The Board of Directors approved this appointment during a meeting held on July 10, 2026, making him effective from that date.The clarification detailed in the subsequent report provided specifics regarding the board meeting. The directors met to approve the key personnel change, which includes Mr. Sharma's role as CFO and KMP.In terms of operational details related to the decision, the company clarified the timings of the Board Meeting held on July 10, 2026.DetailTimeBoard Meeting Commencement4:30 p.m.Board...

Bandhan Bank Increases Paid-up Capital Following ESOP Share Allotment Bandhan Bank Ltd announced the allotment of equity shares resulting from the exercise of options under the Bandhan Bank Employee Stock Option Plan Series 1. The move resulted in an increase in the bank's issued and paid-up equity share capital.The Nomination and Remuneration Committee of the Board, meeting on July 13, 2026, approved the allotment of 23,165 equity shares to eligible employees of the Bank upon them exercising vested options under ESOP Series 1. These newly allotted equity shares rank pari passu with all existing equity shares of the Bank, including dividend rights.The allotment impacts the bank’s capital structure, moving it from its previous issued...

Reserve Bank Slams ₹13 Lakh Penalty on Chikhli Cooperative Bank over Major KYC and Housing Scheme Violations The Reserve Bank of India (RBI) has imposed a significant monetary penalty against The Chikhli Urban Co-operative Bank Limited, Chikhli, Maharashtra. The bank was penalized ₹13 lakh for contravening statutory provisions and failing to comply with crucial directions issued by the central regulator. This action underscores the RBI's rigorous enforcement stance regarding financial compliance standards across regional institutions.Penalty Imposition and Regulatory Framework The penalty of ₹13 lakh was levied on the Chikhli Urban Co-operative Bank Limited following an order dated July 8, 2026. The imposition stems from breaches...

Indian Hotels Company Ltd schedules Board Meeting for June Quarter Results Approval Indian Hotels Company Ltd has scheduled a Board meeting to approve the financial results for the quarter ending June 30, 2026. The company also provided an update regarding its trading window following the completion of the previous reporting period.The Board meeting is slated for July 21, 2026. During this meeting, the directors are set to review and approve the Unaudited (Reviewed) Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.In addition to the results approval, the company informed stakeholders about the status of its insider trading window. The trading period for the company's securities was closed starting...

Hindustan Petroleum Corporation Ltd to Hold Board Meeting to Discuss Quarter Ending June 30, 2026 ResultsHindustan Petroleum Corporation Ltd has scheduled a meeting of its Board of Directors to review the un-audited financial results for the quarter that ended on June 30, 2026.The Board Meeting is set to take place on Wednesday, July 22, 2026. The agenda for the meeting includes considering the company’s Un-audited Financial Results for the specified quarter.In an operational update regarding insider trading compliance, the company has confirmed that the Trading Window for dealing in securities of the Company will remain closed until June 24, 2026, for all Insiders, adhering to the company's Insider Trading Code.HINDPETRO Stock...