Markets

Premier Synthetics Confirms No Deviation in IPO Proceeds Use; Reports Capital Stability Over Three Years Premier Synthetics Ltd has confirmed that there has been no deviation or variation concerning the use of public issue proceeds raised from its Initial Public Offer (IPO). The company further detailed its capital structure and associated actions over the last three financial years.The firm stated that it has strictly adhered to the terms regarding the utilization of funds obtained during the IPO.In addition to confirming the integrity of the IPO proceed usage, Premier Synthetics reported a consistent approach regarding share capital over the preceding three financial years. The company confirmed various capital actions were not...

Fairchem Organics Ltd to Hold Board Meeting to Approve Q1 Financial ResultsFairchem Organics Limited has scheduled a meeting of its Board of Directors to consider and approve the Unaudited Financial Results for the quarter ended June 30, 2026. The meeting is set to be held on Monday, July 27, 2026, utilizing Audio-Visual means.The primary agenda item for the Board is the consideration and approval of the Unaudited Financial Results, prepared under IND-AS, along with any other business that may be permitted by the Chair.In addition to the Board meeting announcement, the company has also specified a period during which the trading window for its securities will remain closed. The trading window will be closed for all Designated...

Aastha Spintex Secures ₹76.78 Crores in Orders Over Four Months, Driven by Capacity Expansion Aastha Spintex Ltd has reported its cumulative order book position covering the period from July 2026 to October 2026, showing strong demand for its core products. The company confirmed orders aggregating up to ₹76.78 Crores across various domestic and export markets during this four-month span.The details of the order book are provided below:MonthQuantity (KGS)Order Value (₹)Approx. Value (₹ Cr)Number of OrdersJuly 20268,36,416.0024,45,28,959.40~24.4518August 20267,20,959.5220,78,05,720.68~20.7815September 20267,77,040.5622,82,65,686.20~22.8315October 20263,11,442.008,71,57,395.60~8.727TOTAL~26,45,858~76,77,57,762~76.7855...

Ashok Leyland Wins Part of Arbitration Case Against DTC; Tribunal Awards ₹222.65 Crore Plus Interest Ashok Leyland Limited has received a significant development in its ongoing arbitration proceedings against Delhi Transport Corporation (DTC) from the Arbitral Tribunal, New Delhi. The Tribunal issued an award detailing the outcome of the dispute concerning contracts for bus supplies between 2009 and 2011.The dispute originated after Ashok Leyland Limited (AL) supplied buses to DTC under a tender invited by DTC. In response to these contracts, AL had initiated arbitration against DTC starting in 2013. The original claim filed by AL amounted to ₹445 Crore, while DTC put forward a counterclaim valued at ₹136 Crore.The Arbitral Tribunal...

Centre Scrutinizes Messaging App Usernames as Regulation Effort Ramps Up Impersonation Safeguards The Indian government is undertaking a critical review of user identity standards across major messaging platforms, aiming to establish a unified set of rules governing usernames. The Ministry of Electronics and Information Technology (MeitY) is currently reviewing the detailed responses provided by WhatsApp, Telegram, and Signal before finalizing a uniform regulatory approach for these cross-platform identities.Sources indicate that all three leading messaging services have submitted comprehensive explanations detailing their username functionalities. These submissions include specifics on how each platform operates its username features...

Ansal Properties Committee of Creditors Meeting addresses Homebuyer Options and Ratifies CIRP Expenses for Fernhill Project Ansal Properties and Infrastructure Limited (APIL) conducted its 54th meeting of the Committee of Creditors (CoC) regarding the ‘Fernhill Project’ in District Gurgaon, Haryana. The meeting, held on July 10, 2026, addressed key operational mandates from the National Company Law Tribunal (NCLT), reviewed the choices of homebuyers who had obtained decrees, and sought approval for various expenses incurred during the Corporate Insolvency Resolution Process (CIRP).The meeting confirmed that the quorum was achieved with participants representing allottees and unsecured financial creditors. The Committee noted the...

One Mobikwik Systems clarifies stock volume movement, attributes price fluctuations to market forces One Mobikwik Systems Ltd has stated that all necessary information regarding events and operations of the company, including price sensitive details, have been duly disclosed. The clarification addressed volume movements in the company's security across exchanges.The management confirmed that as of the date, there is no undisclosed information or announcement that could impact the price or volume behavior of the scrip.In its statement, the company emphasized that from the perspective of management and available information, it has no announcements to share with stock exchanges related to the current volume behaviour of its shares. As...

Indigenous Systems to Drive Massive Leap as India’s Defence Exports Target Rs 50,000 Crore by FY29 Kotak Institutional Equities has set a robust outlook for the Indian defence sector, projecting that indigenous military platforms and growing global demand could propel exports to nearly 50-fold in the coming years. The brokerage report forecasts that India’s defence exports are set to reach Rs 500 billion (Rs 50,000 crore) by FY2029. This target is a significant jump from an estimated Rs 38,400 crore (Rs 384 billion) for FY2026.The report credits this exponential growth to the rising global acceptance of Indian-made weapons systems. Key platforms driving this success include the Akash surface-to-air missile system, Pinaka multi-barrel...

Ashima Ltd Announces Board Meeting for Q1 Financial Results and Confirms Trading Window Status Ashima Ltd has scheduled a meeting of its Board of Directors to consider and approve the Unaudited Financial Results (Standalone and Consolidated) for the quarter ending June 30, 2026. The board meeting is slated for Saturday, July 18, 2026.In addition to the financial review, the company provided an update regarding its trading window in line with its Code of Conduct for prevention of Insider Trading.The company confirmed that the "Trading Window" for dealing in Ashima Ltd securities, which had been closed since July 1, 2026, will remain closed until 48 hours following the declaration of the aforementioned financial results on July 18...

Puravankara Stock Jumps 14.55% as Q1 Update Reveals Massive Surge in Pre-Sales and Collections Puravankara Ltd. witnessed a significant surge in its stock price on Monday after the real estate developer released a robust operational update for the first quarter of FY27. The company's share jumped by up to 14.55% in intraday trade, reaching Rs 256.66, driven by strong performance metrics across pre-sales and collections.The Q1 results showcased healthy growth trends, reaffirming the resilience of Puravankara’s business strategy. Pre-sales values increased by 28% year-on-year, reaching an impressive Rs 1,439 crore. Furthermore, cash collections climbed 40%, aggregating to Rs 1,199 crore during the quarter.Quarterly Performance Metrics...

RPG Life Sciences Partners with Archerchem Healthcare for Naprosyn ES Launch in India RPG Life Sciences (RPG LS) has partnered with Archerchem Healthcare to exclusively market and distribute Naprosyn ES across India. The partnership involves launching the combination of Naproxen and Esomeprazole, offering a differentiated anti-inflammatory solution combined with gastroprotection for the first time in the country.Naprosyn ES is marketed as a combination medicine designed to provide effective relief from inflammation while mitigating risks to the digestive system. This product was co-developed by Archerchem Healthcare alongside its development partner. RPG LS will be responsible for the exclusive marketing and distribution of Naprosyn...

NIIT Ltd. Board Meeting Scheduled to Approve Q1 2026 Unaudited Financial Results NIIT Ltd has scheduled a meeting of its Board of Directors to review and approve the company's financial performance for the first quarter of fiscal year 2026.The Board meeting is set to take place on Tuesday, July 21, 2026. The primary agenda item for the meeting includes considering and approving the Unaudited Financial Results for the quarter that ended June 30, 2026. These results will cover both the Consolidated and Standalone financials of NIIT Ltd.NIITLTD Stock Price Movement Shares of NIIT Limited are slipping in live trading at 12:34 PM, shedding 1.94% and currently standing at ₹98.86 as the market continues its daily activity. The stock has...

Creative Newtech Acquires Infinova India to Build Indigenous Surveillance Technology Platform Creative Newtech Limited has announced a strategic move, approving the acquisition of 100% of the equity share capital of Infinova (India) Private Limited. The purchase aims to establish the company's own "Make in India" surveillance technology platform, marking a significant transition from a distribution-led model to an integrated, technology-led business operation.The Board of Directors of Creative Newtech Limited approved the proposed acquisition on July 13, 2026. The budget allocated for this transaction is up to USD 4.00 Million.Acquisition Scope and Rationale The acquisition includes Infinova's operational footprint in India...

Zim Laboratories Allocates Employee Stock Options, Increasing Share Capital to Over ₹53 Crore Zim Laboratories Limited announced the allotment of Equity Shares under its employee stock option scheme, following a resolution passed by its Board of Directors. The move increased the company's paid-up equity share capital significantly.The Board approved the allotment of 1,09,451 fully paid up Equity Shares to eligible employees of the Company and its Subsidiary. These shares were allotted upon the exercise of options vested under the 'ZIM Laboratories Employee Stock Option Scheme (ESOS 2023)'. The event occurred on July 13, 2026, at 11:56 a.m.The allotment resulted in an increase in the company's paid-up equity share capital...

MIC Electronics Ltd Receives Completion Certificates for Railway Projects MIC Electronics Limited has received Letter of Completion/Installation Certificates from Rajkot Division in relation to several projects undertaken for West Central Railway. The certificates cover the provision of coach indicator boards and guidance system installations at various stations under both the Rajkot and Jabalpur Divisions.The completed works encompass major infrastructure improvements across railway stations, ranging from platform-specific signage to advanced signaling and management systems.Projects certified by Rajkot Division include:Provision of Coach Indicator Boards at platforms PF 1 and 3 at SUNR station. Installation of indicator boards...

Aastha Spintex Secures ₹76.78 Crore Order Book for Q3 2026 Amid Capacity Boost Ahmedabad, July 13, 2026: Aastha Spintex Limited, a leading cotton yarn manufacturer listed on the National Stock Exchange (NSE: AASTHA) and Bombay Stock Exchange (BSE: 544808), announced a robust order book valued at approximately ₹76.78 Crores for the four-month period spanning July to October 2026. This cumulative pipeline indicates strong demand traction, reflecting over 21% of the Company's FY 2024-25 revenue.The strengthening visible revenue pipeline comes as a direct result of increased capacity utilization following the integration of Falcon Texotube Private Limited. The expansion significantly enhanced Aastha Spintex’s installed spindle capacity...

Modis Navnirman Limited announces Fifth Annual General Meeting; Corporate filings detail property transactions and banking actions Modis Navnirman Limited has scheduled its Fifth Annual General Meeting (AGM), providing members with both physical and remote e-voting options. The meeting is set for Wednesday, August 57, 2026, at the company's registered office in Kandivali, Mumbai.The AGM notice details that the Commissioner of Brihanmumbai Municipal Corporation invites an online tender related to Solid Waste Management, specifically for hiring a minimum 18 MT payload capacity dumper service across various wards in Zone-2 (City) division. The tender was initiated on July 9, 2026, and runs until July 20, 2026.Members are invited to...

Hatsun Agro Product Ltd Announces Board Meeting Agenda and Trading Window Closure Hatsun Agro Product Ltd has scheduled a Board of Directors meeting to review the company's recent financial performance and address key corporate matters. The company has also specified the period during which the trading window for its securities will remain closed.The Board meeting is set to take place on Tuesday, July 21, 2026. The meeting will be held at the Corporate Office of the company, located at Plot No. 14 (TNHB), TamilNadu Housing Board "A" Road in Sholinganallur, Chennai.The agenda for the directors includes considering and approving several items. These matters are:The Unaudited Financial Results of the Company for the quarter ended...

Emkay Global Financial Services Completes Equity Allotment of 50,000 Shares Following Warrant Conversion Emkay Global Financial Services Ltd announced that its Management Committee approved and finalized the allotment of 50,000 equity shares to Mr. Prakash Kacholia, a Promoter of the company. This transaction was completed on July 13, 2026, following the conversion of warrants into equity shares after the payment of the balance subscription amount.The allotment relates to 50,000 convertible warrants which were converted into fully paid-up equity shares upon receipt of the balance consideration amount of Rs. 179.625 per warrant (which represents 75% of the Total Consideration Amount). The company confirmed that these newly allotted...

Indian Naval Pride Takes Center Stage as INS Sudarshini Sails Through Boston for Global Maritime Gala The Indian Navy's Sail Training Ship, INS Sudarshini, made a commanding entrance into Boston on July 12, 2026. The ship completed a successful journey after participating in the grand celebrations at Sail4th 250 in New York. This milestone marked the ceremonial commencement of the prestigious Sail Boston 2026 event.Under the guidance of Shri Raghuram Sastry, Consul General of India in Boston, INS Sudarshini conducted a ceremonial entry into the city. Sailing proudly with the Indian Tricolour, the vessel navigated past key local landmarks, including Castle Island and the Seaport District. The expedition culminated at Boston Fish Pier...