Markets

Monarch Surveyors Secures Land Records Consultancy Project Worth Rs 2.6 Crore in NagpurMonarch Surveyors and Engineering Consultants Limited has announced that it has received a Letter of Acceptance for a significant contract, marking an expected positive development for its business operations. The company was selected as one of the agencies to serve as a Licensed Surveyor for the District Superintendent of Land Records in Nagpur.The total order value for this project stands at Rs 2,61,70,200 (Rupees Two Crore Sixty-Lakh Seventy Thousand Two Hundred only). This contract involves the selection and deployment of licensed surveyors to support the District Superintendent of Land Records in Nagpur.Key details regarding the contract...

Simbhaoli Sugars Addresses Disclosure Omission Following Material Event Query Simbhaoli Sugars Limited provided a detailed explanation regarding an oversight concerning material event disclosure, which was previously questioned by stock exchanges following an announcement made on July 3, 2026. The company stated that the omission was inadvertent, attributing it partly to internal operational challenges amidst its corporate restructuring process.The company confirmed that it is currently undergoing the Corporate Insolvency Resolution Process (CIRP), a situation which has resulted in significant administrative and statutory compliance challenges due to transitions in management and active personnel. Consequently, the disclosure of a...

Phoenix Overseas Limited Announces Resignation of Statutory Auditor Phoenix Overseas Limited has announced the resignation of its Statutory Auditor, M/s Jain Seth & Co., Chartered Accountants. The change in auditing services is effective from close of business hours on July 11, 2026.The resignation by M/s Jain Seth & Co. was communicated after operational difficulties arose within the firm. According to details provided, the resignation was tendered because of the poor health of partner Ramakant Sureka, which led the firm to be unable to continue providing Statutory Auditor services to Phoenix Overseas Limited.Key details regarding the change in auditing service for the company are summarized below:ParticularsDetails...

CRISIL Upgrades South West Pinnacle Exploration Ltd Ratings Following Operating Improvements CRISIL Limited has upgraded the credit ratings for South West Pinnacle Exploration Ltd (SWPEL), recognizing a sustained improvement in the company's operating performance and financial risk profile. The rating upgrades cover both long-term and short-term bank facilities, reflecting the firm's growing technical expertise and diversified client base across exploration services.The total bank loan facility of Rs 83.69 Crores has seen corresponding rating enhancements. CRISIL upgraded the long-term bank facilities from 'BBB/Positive' to 'BBB+/Stable,' while the short-term bank facilities were upgraded from 'CRISIL A3+' to 'CRISIL A2.'Financial...

Aditya Birla Group Vows Massive Expansion: Hindalco Pledges $1.26 Billion to Triple Odisha Refinery Capacity A Strategic Push for Increased Alumina Refining Capacity India's Aditya Birla Group has made a significant announcement regarding the industrial capacity of its Kansariguda alumina refinery in Odisha. The company has proposed an additional investment of $1.26 billion toward expanding this key refining facility. This strategic move aims to triple the current capacity of the refinery.The expansion project is specifically slated to be undertaken by Hindalco Industries, a group entity. By executing this massive infrastructure upgrade, the industry giant plans to bring the refinery's annual capacity up to 3 million metric tons. This...

The Federal Bank Allots Shares Following Stock Option Exercise Under Multiple Employee Schemes The Federal Bank Limited announced that it has completed the allotment of equity shares to option grantees who exercised their stock options across various employee schemes. These allotments were processed on July 11, 2026, and were approved by the Nomination, Remuneration, Ethics and Compensation Committee.The company granted shares under four different schemes: ESOS 2010, ESOS 2017, ESOS 2023, and ESIS 2023. All allotments were made following the payment of money by the respective option grantees.Equity share allotment details are as follows:SchemeTotal Shares AllottedFace Value Per ShareESOS 201012,625Rs. 2/-ESOS...

DLF Ltd Releases Business Responsibility Report, Highlights Global Leadership in Sustainable Real Estate DLF Limited has released its Business Responsibility and Sustainability Report (BRSR) for the Financial Year (FY) 2025-26. The report details the company's operational footprint, ESG commitments, and performance across environmental, social, and governance parameters within the real estate sector.The BRSR provides comprehensive insights into DLF’s operations, which are conducted on a consolidated basis, covering the entity and its subsidiaries. Shares in DLF Limited are listed on BSE and NSE.Operational Scope and Governance DLF's primary business activity is Real Estate Activities with own or leased property, accounting for 100%...

Avenue Supermarts Approves Issuance of Non-Convertible Debentures Up To Rs 1,000 Crore Avenue Supermarts Limited has approved the issuance of Non-convertible Debentures (NCDs) aggregating up to Rs. 1,000 crore. The decision was made by the Company's Board of Directors at a meeting held on July 11, 2026.The approval allows for the NCDs to be issued in one or more tranches through a private placement basis.The Board of Directors approved the issuance as part of other matters discussed during the meeting. The session commenced at 1:30 p.m. and concluded at 2:50 p.m. on July 11, 2026.DMART Stock Price Movement Avenue Supermarts Limited shares slipped by 0.11% on Friday, closing at ₹4081.10 after trading through the session. The stock...

S.P. Apparels Ltd Affirms All Disclosures Made Regarding Share Price Sensitivity S.P. Apparels Limited has provided clarity on its disclosure practices regarding price sensitive information, stating that the company has fulfilled all requirements concerning material events as pertaining to regulatory stipulations for listed entities.The Company clarified that it has disclosed all necessary events and information, ensuring no material announcement—including impending announcements—has been withheld that could potentially affect the price or volume behavior of its scrip.Regarding market activity, S.P. Apparels Ltd stated that any movement observed in the company's share price is purely attributable to general market conditions. The...

Knowledge Realty Trust Concludes First Annual Meeting; Key Resolutions Pass with High Majority Knowledge Realty Trust successfully concluded its First Annual Meeting of Unitholders, held on July 10, 2026. The meeting was conducted via video conferencing or other audio-visual means and saw the unanimous passage of all resolutions set forth in the notice dated June 17, 2026.The annual general body included members from various categories, including Sponsor/Sponsor Group, Public Institutions, and Public Non-Institutions. The outcomes of the meeting, along with the Scrutinizer's Report, confirmed that all proposed items were duly approved by the Unitholders.Voting Outcomes Summarized The First Annual Meeting addressed four key...

Futuristic Solutions Ltd Announces Board Meeting and Plans For 43rd Annual General Meeting Futuristic Solutions Ltd has scheduled its Board of Directors meeting for Monday, July 20, 2026, at the company’s Registered Office. The meeting is set to address critical corporate decisions regarding the forthcoming Annual General Meeting (AGM) and operational procedures.The agenda items slated for discussion include the consideration and approval of the Directors' Report along with annexures for the Financial Year 2025-26. Key operational decisions planned for the board meeting involve setting up the framework for the company's 43rd AGM.Decisions to be made at the Board Meeting cover:Approving the day, date, time, agenda, and venue for...

Tirupati Finlease Announces Net Profit of Rs 52.19 Lakhs and Fixes Dates for 33rd Annual General Meeting Tirupati Finlease Ltd has announced key decisions following a Board meeting held on July 11, 2026, including the approval of its quarterly results and setting the schedule for its upcoming 33rd Annual General Meeting (AGM).The company disclosed that the unaudited Financial Results along with the Limited Review Report for the quarter ending June 30, 2026, were approved by the Board. The net profit after tax recorded for this specific quarter stood at Rs 52.19 lakhs.In matters of corporate governance and auditing, the company appointed an Internal Auditor for the Financial Year 2026-27. Furthermore, the Board considered and...

Adani Energy Solutions Ltd Receives CareEdge ESG Rating After Commitment to Sustainable Practices Adani Energy Solutions Ltd has received its first surveillance ESG rating from CARE ESG Ratings Limited (CareEdge). The rating was assigned on July 10, 2026, reflecting the company's dedication to sustainable practices and operational transparency.The assessment by CARE ESG Ratings Limited resulted in a rating score of 86.2/100 with the CareEdge-ESG 1+ symbol. This rating marks an important milestone in the company's commitment to environmental, social, and governance standards.Details regarding the ESG rating are provided below:Rating AgencyRating ScoreRating SymbolRating ActionCARE ESG Ratings Limited86.2/100CareEdge-ESG...

Agro Phos India Reconstitutes Board Committees After Director Appointment Agro Phos India Limited announced significant changes within its governance structure, confirming the appointment of Mrs. Sakina Dharwala and approving the reconstitution of multiple Board Committees. The appointments and reconstitutions are effective from July 11, 2026.The company's Board of Directors formally approved the appointment of Mrs. Sakina Dharwala. Following this appointment, the composition of several key committees has been updated.Details regarding the reconstituted committees are as follows:Audit Committee The members of the Audit Committee include Ms. Maya Vishwakarma (Chairperson and Independent Director), Mr. Mahesh Kumar Agarwal (Member...

Agro Phos Appoints Mrs. Sakina Dharwala as Additional Non-Executive Independent Director; Committees Reconstituted Agro Phos India Limited announced the appointment of Mrs. Sakina Dharwala as an Additional Non-Executive Independent Director following its Board meeting held on July 11, 2026. The company also detailed the reconstitution of its Audit Committee, Stakeholders Relationship Committee, and Nomination and Remuneration Committee.The Board decided to appoint Mrs. Sakina Dharwala (DIN: 11818621) for a tenure of five consecutive years, effective from July 1, 2026, subject to ratification by shareholders at the forthcoming Annual General Meeting. The appointment was made on the recommendation of the Nomination and Remuneration...

Investor Sells Shares of Mapro Industries Ltd in Open Market Transaction Nitinkumar Dindayal Didwania has disposed of a significant portion of his stake in Mapro Industries Ltd through an open market sale. The transaction involved the divestment of 325,000 equity shares of the company.The sales activity was conducted up to July 9, 2026, and the mode of disposal was noted as an Open Market Sale. This reduction in holding significantly altered the investor's stake in Mapro Industries Ltd, which is listed on the BSE Limited.According to the transaction details, before the sale, Nitinkumar Dindayal Didwania held 404,000 shares, representing 4.82% of the total voting capital. Following the open market sale, his shareholding decreased...

Paramount Speciality Forgings Limited Appoints Satish Madhav Shenoy as Additional Non-Executive Independent Director Paramount Speciality Forgings Limited announced the appointment of Mr. Satish Madhav Shenoy as an Additional and Non-Executive Independent Director on its Board, effective July 11, 2026. The decision was made by the Company's Board of Directors and its Nomination and Remuneration Committee.The board approved the appointment for a term of five years, subject to subsequent approval from the shareholders of the company.Mr. Satish Madhav Shenoy holds advanced qualifications including a Graduate in Commerce, Chartered Accountant, Cost Accountant, and Company Secretary. He brings extensive experience exceeding 40 years in...

DMart Sees Net Profit Surge as Revenue Grows, But Retail Giant Grapples With Slower Mature Store Expansion Avenue Supermarts (DMart) reported a mixed financial picture for the first quarter of FY27, achieving a notable rise in standalone net profit while facing signs of slowing growth within its established store network. The retail powerhouse continued to expand physically, yet management highlighted increased pressure on core categories and revenue per square foot.The company's consolidated results showed steady movement, but internal metrics suggested significant shifts in market dynamics for the low-cost value retailer. These results provide a clear snapshot of the intense competitive landscape facing organized grocery chains...

Poojawestern Metaliks Board Meeting Scheduled to Discuss Fundraising and Promoter Loan Conversion Poojawestern Metaliks Ltd has scheduled a meeting of its Board of Directors to address key strategic decisions regarding funding and the conversion of loans extended by its promoters. The meeting is set for Thursday, July 16, 2026.The Board agenda includes considering and approving proposals related to raising funds through various instruments. These methods may include preferential issue, private placements, rights issue, or any combination thereof involving equity shares or warrants convertible into equity shares of the company. Any such capital raising will be conducted subject to necessary shareholder and statutory approvals, as well...

Agro Phos India Limited Appoints Mrs. Sakina Dharwala as Non-Executive Independent Director Agro Phos India Limited has appointed Mrs. Sakina Dharwala as a Non-Executive Independent Director. The appointment, effective from July 11, 2026, positions her to serve for the first term of five consecutive years, subject to the approval of the company's shareholders.The decision by the Board of Directors follows a recommendation from the Nomination and Remuneration Committee. Mrs. Sakina Dharwala (DIN: 11818621) was appointed as an Additional Director under the provisions governing the appointment.Mrs. Dharwala brings significant expertise to the role, possessing over seven years of experience in corporate law, secretarial compliance...