Markets

VRL Logistics Announces 43rd Annual General Meeting, Proposes Re-appointment of CMD Dr. Vijay Sankeshwar VRL Logistics Ltd. has announced the convening of its 43rd Annual General Meeting (AGM), scheduled for Tuesday, August 4, 2026, to address several key corporate matters including the adoption of financial results and major appointments.The AGM is set to consider and approve the Audited Financial Statements for the fiscal year ended March 31, 2026. The meeting agenda includes routine operational business such as confirming the interim dividend paid as the final dividend for FY 2025-26, along with proposing re-appointments for two directors who retire by rotation: Mr. L R Bhat and Dr. Raghottam Akamanchi.Directors' Appointments and...

FPIs Rally in July, Posting Massive Inflows After Four Months of Heavy Selling Foreign portfolio investors (FPIs) made a significant pivot in the Indian market this month, turning into net buyers and injecting over ₹15,157 crore into Indian equities. This sharp turnaround marks an end to a prolonged period of consecutive outflows that saw foreign investors pull out substantial capital from the country.The July inflow comes after considerable divestments seen in preceding months. In June, FPIs withdrew ₹49,340 crore, while May and April recorded heavy net selling at ₹32,963 crore and ₹60,847 crore, respectively. Earlier this year, foreign investors had previously invested ₹22,615 crore in February.Equity Turnaround Reverses Prior...

Alkali Metals Ltd to Hold Board Meeting to Approve First Quarter Financial Results Alkali Metals Ltd has announced a board meeting scheduled for Monday, July 20, 2026, at its registered office. The meeting is slated to consider and approve the Un-Audited Financial Results of the Company for the First Quarter ended on June 30, 2026, among other business items.The purpose of the upcoming board gathering is twofold: first, to review the financial performance corresponding to the first quarter of the fiscal year; and second, to address various other matters concerning the company's operations.Alkali Metals Ltd specializes in manufacturing a range of specialized chemical products. The company produces Sodium Amide, Sodium Alkoxides...

CEO Remuneration Soars at HDFC Bank: Jagdishan’s Pay Jumps as Executive Incentives Rise HDFC Bank's annual report for FY26 reveals significant growth in the compensation of its top management, highlighting robust incentive structures within the leading private sector bank. The total remuneration package for Managing Director and Chief Executive Officer Sashidhar Jagdishan reached ₹15.13 crore for the financial year ended March 2026. This figure marks a substantial 19 percent increase compared to the previous fiscal year's compensation structure.Jagdishan's Compensation Breakdown and Performance Bonuses Jagdishan’s total remuneration was composed of several key elements, including basic pay, allowances, and performance bonuses. His...

Mega IPO Market Ahead: SBI Funds Management, Alpine Texworld Lead Rs 10,000 Crore Rush The Indian primary market is set for a highly demanding period starting July 13 as three significant Initial Public Offerings (IPOs) launch. These issues cumulatively amount to over ₹10,100 crore and present major opportunities across the mainboard and SME segments.The spotlight is on the SBI Funds Management IPO. This mega offering, promoted by State Bank of India and French asset manager Amundi, is raising a substantial ₹9,812.91 crore. It comprises 17.09 crore equity shares at the upper price band of ₹545-574 per share.SBI Funds Management IPO Details Unveiled The SBI Funds Management issue is an entirely offer for sale (OFS). Two promoter...

Virtuoso Optoelectronics Holds EGM to Discuss Preferential Issuance of Equity Shares and Warrants Virtuoso Optoelectronics Ltd held an Extra Ordinary General Meeting (EGM) on Sunday, July 12, 2026. The meeting commenced at 11:00 a.m. and concluded at 11:10 a.m., conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM).The EGM was chaired by Mr. Sukrit Bharati, Managing Director of the company. After confirming the requisite quorum, the meeting proceeded. The Company Secretary welcomed the Shareholders and introduced the Directors and Key Managerial Personnel present.During the meeting, members were informed about the agenda items scheduled for discussion. A key focus of the Extra Ordinary General Meeting was the...

Cipla Limited Receives Dual ESG Ratings from Crisil ESG Analytics Cipla Limited has received its Environmental, Social, and Governance (ESG) ratings from Crisil ESG Ratings & Analytics Limited. The communication regarding these independent assessments was received on July 11, 2026.Crisil ESG Ratings & Analytics Limited assigned two specific ESG scores to Cipla Limited concerning the company's environmental, social, and governance performance.The detailed breakdown of the ratings received by Cipla Limited is provided below:Rating TypeScoreCrisil ESG69Crisil Core ESG66These scores reflect the independent evaluation conducted by Crisil, a SEBI registered ESG Rating Provider. The results are part of an ongoing commitment...

HUDCO and Government of Odisha Sign MoU for Rs 1,00,000 Crore Urban Infrastructure Financing Housing and Urban Development Corporation Limited (HUDCO) and the Government of Odisha signed a Memorandum of Understanding (MoU) on July 10, 2026, in Bhubaneswar. The agreement is set to facilitate financing and planning for various housing and infrastructure projects across the state.Under the MoU, HUDCO commits to providing term loans amounting up to Rs 1,00,000 Crore (Rupees One Lakh Crore). These funds are designated for use over a period of five years to support multiple urban initiatives in Odisha.The financial commitment covers projects falling under the Urban Fund (UCF), as well as those within the Bhubaneswar-Cuttack-Puri-Paradeep...

Renol Polychem Limited Reports Non-Applicability of Certain Corporate Governance Provisions Renol Polychem Limited, formerly known as Renol Polychem Private Limited, has confirmed that certain corporate governance provisions under the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, do not apply to the company. This status is directly attributed to its listing on the SME Platform of the National Stock Exchange of India (NSE).The company clarified that compliance with specific regulations related to corporate governance provisions will not be applicable because Renol Polychem Limited has listed its specified securities on the SME Platform of the National Stock Exchange of India Limited. As a result, the...

Renol Polychem Limited Details Compliance Status for Quarter Ended June 30, 2026 Renol Polychem Limited has certified its compliance mechanisms regarding Structured Digital Database (SDD) controls and Unpublished Price Sensitive Information (UPSI) for the quarter ended June 30, 2026. The certificate confirms that the company maintains a Structured Digital Database to manage insider trading requirements.The reporting details specify several key aspects of the company's internal systems designed to track and manage UPSI. These include maintaining an SDD in place, ensuring controlled access to the database, and recording all UPSI disseminated during the previous quarter into this system. The system is designed to capture the nature of...

Thirumalai Chemicals reports on operational stability, sustainability focus in FY2025-26 Thirumalai Chemicals Limited (TCL) has released its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The report details the company's operations, market presence, employee welfare initiatives, and commitment to environmental stewardship across its business activities.The BRSR underscores TCL's ongoing effort toward integrated ESG principles, noting significant progress in resource management, pollution control, and workforce development during the reporting period.Business Operations and Market Presence TCL is a manufacturer and distributor of petrochemicals, specifically excluding fertilizers...

TTK Prestige Resumes Production at Roorkee Plant Following Flood Incident TTK Prestige Ltd has confirmed the resumption of normal manufacturing operations at its Roorkee factory. The production restart took place on July 11, 2026, starting from 3 pm.The company is currently assessing potential damage to assets and inventories following the recent flood event. Management stated that the loss, if any, is not anticipated to be significant at this time. Furthermore, TTK Prestige confirmed that all company assets are adequately insured.TTKPRESTIG Stock Price Movement On Friday, shares of TTK Prestige Limited edged higher in session, closing at ₹631.15 after gaining 1.01% over the previous close. The equity traded within a defined range...

Hitachi Energy Issues Mandatory KYC Update Notice for Physical Securities Holders Shareholders holding physical securities in Hitachi Energy India Limited are being urgently requested to furnish mandatory Know Your Customer (KYC) details, PAN information, and nomination declarations to ensure the seamless credit of payments.The company has emphasized that all shareholders with folio numbers not yet updated with complete KYC documentation must immediately submit required forms to the Registrar and Transfer Agent (RTA), KFin Technologies Limited.To facilitate these updates, the company provided a comprehensive list detailing the necessary information for physical security holders. These details include PAN registration, address proof...

Shareholders Mandated to Update KYC and PAN Details for Physical Securities at Hitachi Energy India Ltd Hitachi Energy India Ltd has issued a mandatory request to all shareholders holding securities in physical form, urging them to update critical Know Your Customer (KYC) details, PAN information, and nomination status. This initiative is crucial for ensuring uninterrupted service requests and timely payment credits regarding their holdings.The company’s communication stresses the importance of furnishing complete documents and details against their folio. Shareholders are required to provide updated details across several key areas, including bank account information, email addresses, mobile numbers, address proof, and specimen...

ANB Metal Cast Qualifies for Governance Exemption After Listing on NSE SME Platform ANB Metal Cast Limited has determined that it is exempt from complying with certain Corporate Governance provisions specified in the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. This exemption applies to the submission of the Corporate Governance Report for the quarter ended June 30, 2026.The decision stems from ANB Metal Cast Limited having listed its specified securities on the SME Platform of the National Stock Exchange of India (NSE).As a result of listing on the SME platform, the company falls under the purview of an exemption outlined in the relevant regulations, thereby making compliance with specific...

Olympic Cards Ltd Renews Appointment of Independent Director Alagarsamy Uthandan for Five Years Olympic Cards Ltd has extended the tenure of Mr. Alagarsamy Uthandan, appointing him for a second term as an Independent Director. The decision follows the conclusion of his first directorship and was formalized during the company's Annual General Meeting (AGM).Mr. Alagarsamy Uthandan, who holds the DIN 07847682, will be completing seventy-five years on July 16, 2027. His previous term as an Independent Director ended on June 9, 2026.The company has passed a Special Resolution to re-appoint Mr. Uthandan for a two-year term, effective from June 10, 2026. This resolution was approved during the Annual General Meeting held on September 20...

NCLT Approves Resolution Plan for SAB Events & Governance Now Media Ltd, Mandates Merger with Sri Adhikari Brothers Digital Network The National Company Law Tribunal (NCLT) has approved the Pre-Packaged Insolvency Resolution Process (PPIRP) for SAB Events & Governance Now Media Limited (the Corporate Debtor), deeming the resolution plan compliant and viable. The decision follows a review of the plan, which involves substantial capital infusion and a scheme of amalgamation with Sri Adhikari Brothers Digital Network Private Limited (SABDNPL).The approval addresses the financial distress faced by the digital media company, which was struggling due to prolonged revenue decline and reduced income from sponsorship and advertising. As of...

SEPC Ltd Receives Termination Notice for EPC Sub-Contract with Shalimar Corp Limited SEPC Ltd has announced that its unincorporated joint operation, SEPC-Furlong JV, has received a termination notice regarding an EPC Sub-Contract and the associated Letter of Award (LOA).The company confirmed it had previously signed an EPC Sub-Contract with M/s. Shalimar Corp Limited (SCL). This contract was for the 'Widening / Upgradation to four lane configuration of Shahjahanpur -Bisalpur section in Uttar Pradesh.'Prior to receiving the notice, SEPC Ltd had received the LOA, which covered a lump sum turnkey contract price amounting to Rs. 521.46 crore (Rupees Five Hundred Twenty-One Crore and Forty-Six Lakh only).The company stated that it has...

Reliance Infrastructure Limited Shareholding Provisionally Attached in Reliance Power Link Over Alleged PMLA Violations Reliance Infrastructure Limited has received communication regarding the provisional attachment of its shareholding in M/s Reliance Power Limited. The action relates to alleged violations of the Prevention of Money Laundering Act (PMLA).The company received the Provisional Attachment Order No. 33/2026 dated July 10, 2026 in ECIR/STF/17/2025 from the Enforcement Directorate (ED) on July 11, 2026.The communication concerns the provisional attachment of Reliance Infrastructure Limited's shareholding in M/s Reliance Power Limited, amounting to Rs. 762.75 crore. The alleged violations pertain to the period spanning from...

Physicswallah Grants 2,23,100 Stock Options Under Employees' ESOP Plan 2025 Physicswallah Limited has approved the grant of stock options to eligible employees under its Physicswallah Limited Employees' Stock Option Plan 2025 (ESOP Plan 2025). The decision was made by the Nomination and Remuneration Committee on July 11, 2026.The ESOP Plan 2025 grants a total of 2,23,100 stock options to eligible employees, effective from July 10, 2026.Key details regarding the granted stock options and the associated plan are as follows:ParticularsDetailsStock Options Granted2,23,100 under ESOP Plan 2025Effective DateJuly 10, 2026Total Shares Covered2,23,100 equity shares of Physicswallah Ltd.Face Value per ShareINR 1 each...