Markets

India-NZ Trade Must Surge 77 Percent to Hit NZ$7 Billion by 2030 India and New Zealand have set an ambitious economic objective, targeting a bilateral trade volume of NZ$7 billion, or Rs 35,000 crore, by 2030. This significant goal is part of their new Strategic Partnership framework and the implementation of the bilateral Free Trade Agreement (FTA). To realize this vision, bilateral goods and services trade must expand by a substantial 77 percent from the current level of NZ$3.95 billion as recorded for the year ended December 2025.Achieving this growth trajectory mandates a compound annual growth rate (CAGR) of approximately 12 percent over the five years spanning 2025 to 2030. Notably, the trade target was defined in the local...

Heritage Foods Executive Director Recognized in Fortune India's Most Powerful Women 2026 Heritage Foods Limited announced that its Executive Director, Ms. Brahmani Nara, has been recognized by Fortune India as one of the Most Powerful Women for 2026. The distinction was conferred at an awards ceremony held in Mumbai on July 10, 2026.The recognition acknowledges Ms. Nara’s leadership and her significant contributions toward building a purpose-led, future-ready dairy and nutrition business within the company.Commenting on this achievement, Ms. Brahmani Nara stated that the recognition is deeply humbling and belongs to the entire Heritage Foods family. She emphasized that the company's journey has consistently been guided by the belief...

Digilogic Systems Ltd Updates Corporate Identification Number Following BSE Listing Digilogic Systems Ltd has confirmed the change in its Corporate Identification Number (CIN) and operational status following the successful listing of equity shares on the SME Platform of BSE Limited. The company's Master Data reflects a transition from an unlisted entity to a listed entity.The Ministry of Corporate Affairs has updated the company’s records, changing the CIN from U62099TG2011PLC077933 to L62099TG2011PLC077933. This change coincides with its listing on January 28, 2026.Digilogic Systems Ltd, which was previously known as Digilogic Systems Private Limited, is registered as a Public limited company by shares and operates in the...

Avantel Reports Q1 Results; Board Approves Key Personnel Changes Including Director Appointments Avantel Limited announced its un-audited Standalone and Consolidated Financial Results for the first quarter (Q1) ended June 30, 2026. The results were approved by the Board of Directors. Additionally, the Board meeting on July 11, 2026, addressed significant governance matters, including revisions to senior executive remuneration and the appointment of new directors.Financial Performance Review (Q1 Ended June 30, 2026) The company reported its Q1 results in both standalone and consolidated formats.Standalone Un-audited Financial Results (Quarter ended 30/06/2026)ParticularsQuarter Ended 30/06/2026 (Un Audited)Quarter Ended 31/03/2026...

Debt Recovery and Corporate Action Updates for Shareholders E-Auction Initiated for Assets of Ridham Synthetics; Centrum Capital Urges Claiming Unclaimed Dividend The business landscape saw several significant developments, including the commencement of an e-auction for assets belonging to M/s. Ridham Synthetics Pvt Ltd., as part of a debt recovery process, alongside critical notices from Centrum Capital Limited regarding unclaimed dividends and the upcoming Extraordinary General Meeting (EGM) of Organic Recycling Systems Limited.Assets Sale in Debt Recovery A bank is holding an e-auction for immovable and movable properties belonging to M/s. Ridham Synthetics Pvt Ltd., Mr. Kamlesh V. Bafna (Deceased), Mrs. Jasma K. Bafna, and Mr...

Priyanka Goyal Resigns as Company Secretary and Compliance Officer at Yaan Enterprises Ltd Yaan Enterprises Ltd (formerly known as Crown Tours Ltd) has announced the cessation of Ms. Priyanka Goyal from her key roles within the company. Ms. Goyal, who served as both the Company Secretary and Compliance Officer, tendered her resignation due to personal reasons.The departure was formalized with immediate effect, following the announcement that she would no longer hold the positions starting from close of business hours on July 10, 2026.Ms. Goyal's tenure in these capacities concluded on the specified date. The details regarding her resignation have been recorded as follows:ParticularsDetailsRoleCompany Secretary and Compliance...

Kahan Packaging Ltd Approves Significant Increase in Authorized Capital and 3:1 Bonus IssueKahan Packaging Ltd has made major announcements following its Board Meeting, approving a substantial increase in its authorized share capital and sanctioning a bonus equity issuance. These decisions are set to allow the company greater flexibility while rewarding existing shareholders.The board meeting approved the increased Authorized Share Capital of the company from ₹5,00,00,000 (Rupees Five Crore) to ₹15,00,00,000 (Rupees Fifteen Crore). This increase is enabled by the creation of an additional 1,00,00,000 Equity Shares of ₹10/- each.In addition to the capital expansion, the company approved the issuance of Bonus Equity Shares at a...

Shivam Pipes Secures ₹ 4.40 Crore Order for Electric Poles from MePDCLShivam Pipe Industries, a subsidiary of KD Green Industries Limited, has secured an order aggregating to approximately ₹ 4.40 crores. The contract involves supplying Galvanized Steel Tubular Electric Poles to the Meghalaya Power Distribution Corporation Ltd. (MePDCL).The order, which was received on an immediate delivery basis, was awarded through a contractor currently executing power distribution services for MePDCL. Shivam Pipes is already recognized as a registered vendor across multiple electricity utilities in the North Eastern states. The supply of its Galvanized Steel Tubular Electric Poles will be conducted under the brand name 'Xtech' and falls under the...

Star Housing Finance Board Decides Not to Approve Promoters' Request for ReclassificationStar Housing Finance Ltd has announced that its Board of Directors did not approve the promoters' request to change their classification from 'Promoter Group' to 'Public' status.The decision followed the Board meeting held on July 11, 2026. The meeting considered the request submitted by promoters seeking reclassification in line with regulatory requirements concerning listing obligations and disclosure standards.After deliberation on the matter, the Board determined that the classification change could not be approved at this time. Key factors reviewed during the decision process included the Company's current liquidity position, challenges...

Rotographics Approves Major Corporate Restructuring, Name Change, and Strategic Acquisition Plan Rotographics (India) Ltd has approved several significant corporate changes following its Board Meeting held on July 10, 2026. The decisions include a major increase in authorized share capital, a stock sub-division of equity shares, the proposal to acquire a stake in Teneron Limited, and a complete change of the company's name.The Board approved the strategic investment in Teneron Limited, an advanced non-ferrous metal recycling company specializing in Aluminium Alloy Ingots and Molten Aluminium. The acquisition aims to facilitate the company's foray into the non-ferrous metal business. Rotographics plans to acquire not more than 51% of...

AMS Polymers Ltd Reports Annual Results for March 2026; Auditors Certify True and Fair View AMS Polymers Limited, formerly known as SAI MOH AUTO LINKS LIMITED, has released its Standalone Audited Financial Results for the quarter and year ended March 31, 2026. The results reflect continued operational performance, with the company reporting a total income of 10,963.34 (in Rs. in Lacs except earning per share) for the financial year ending March 31, 2026, compared to 10,096.60 in the previous year.The company's Board of Directors considered and approved these results along with the Auditor's Report. Management also confirmed that M/s Roshan Agarwal & Associates, Chartered Accountants, issued an Audit Report giving an unmodified opinion...

Shah Metacorp Ltd to Hold Board Meeting to Approve Equity Allotment and Business Transactions Shah Metacorp Ltd has scheduled a meeting of its Board of Directors to discuss several key corporate matters, including the approval of equity share allotment and general business transactions.The board meeting is set to be held at the company's corporate office on Thursday, July 16, 2026.The agenda for the meeting includes approving the allotment of equity shares. These shares are intended for Ms. Mona Viral Shah following the exercise of a Right attached to a convertible warrant.Additionally, the Board is scheduled to transact any other businesses that require the permission of the Chairperson.SHAH Stock Price Movement On Friday...

Osiajee Texfab Clarifies Position Following SEBI Interim Order, Assures Business Continuity Osiajee Texfab Ltd has issued a clarification to address misinformation and speculative reports circulating in the market following a recent interim order passed by the Securities and Exchange Board of India (SEBI). The company stated that it is neither a noticee nor a party to the proceedings initiated by SEBI.The management clarified that the interim order has not been passed against Osiajee Texfab Limited, and no directions or restrictions have been imposed on the Company under the said order.In line with its commitment to transparency for investors and the public, the company emphasized that the SEBI proceedings relate to certain...

Avantel Reports Q1 Results; Board Approves Key Director Changes, Remuneration Revisions Avantel Limited announced its un-audited quarterly results and detailed updates on governance following the meeting of its Board of Directors held on July 11, 2026. The board meeting approved the company's financial performance for the first quarter ended June 30, 2026, and finalized several key appointments and remuneration changes involving senior management.The Board considered both the un-audited standalone and consolidated financial results, which were reviewed by Statutory Auditors, and subsequently took the outcomes on record. Key corporate decisions approved during the meeting included revisions in executive director compensation and the...

Seamec Ltd.'s 'SAMUDRA PRABHA' Comes On Hire Following DG Shipping Inspection Seamec Ltd. has confirmed that its vessel, 'SAMUDRA PRABHA', has been put on hire. This operational update follows the successful completion of the necessary DG Shipping inspection.The deployment status change was recorded as of July 11, 2026, at 09:10 hrs. The commencement of the hiring for 'SAMUDRA PRABHA' signifies a key milestone in the vessel's operational readiness.SEAMECLTD Stock Price Movement Seamec Limited shares shed 0.67% on Friday, closing at ₹1424.9 after trading through the session. The stock saw a total volume of 18,036 shares during the day.

INS Mahendragiri Commissioned into Indian Navy, Highlighting MDL's Role in Indigenous Defence Manufacturing In a significant advancement of India’s maritime security and indigenous defence capabilities, Mazagon Dock Shipbuilders Limited (MDL) has successfully commissioned INS Mahendragiri into the Indian Navy. The commissioning ceremony took place in Visakhapatnam on Saturday, 11 July 2026. This event marks a milestone in the Government of India’s push toward Atmanirbharta in Defence.INS Mahendragiri is an advanced stealth frigate and the fourth vessel of the Nilgiri class built by MDL. The ship was developed under Project 17A, with its basic design created by the Indian Navy's Warship Design Bureau (WDB), while the detailed...

Tirupati Starch & Chemicals Appoints Directors, Regularizes Independent Director Position Tirupati Starch & Chemicals Ltd has announced significant changes in its management structure through the appointment and regularization of multiple directors. The company has onboarded two new independent directors while regularizing the position of an existing directorate member for a five-year term.The appointments concern Mr. Vipul Jajodia, Mr. Ankush Agrawal, and Mrs. Lata Garg, all being designated as Non-executive Independent Directors (NEDs).Director Appointments and Profiles Mr. Vipul Jajodia The appointment of Mr. Vipul Jajodia has been regularized for a first term of five consecutive years. His tenure commenced on May 15, 2026...

Jet Knitwears Declares Non-Applicability of Corporate Governance Report Submission Jet Knitwears Limited, a manufacturer and exporter of quality knitted undergarments, has confirmed that certain corporate governance compliance requirements are not applicable to the company. This confirmation stems from its listing status on the NSE EMERGE (SME) platform.The declaration specifies that because the company is listed on the SME Exchange, the obligations specified in Regulation 27 of SEBI (LODR) Regulations, 2015 do not apply to the entity.JETKNIT Stock Price Movement Shares of Jet Knitwears Limited slipped by 4.95% on Friday, settling at ₹69.15 after shedding ₹3.60 from its previous close. The stock closed near the yearly low as it...

ASK Automotive Limited Announces 38th AGM and Release of FY2025-26 Annual Report ASK Automotive Limited (formerly known as ASK Automotive Private Limited) has announced the details for its 38th Annual General Meeting (AGM), along with the release of the Annual Report for Financial Year 2025-26.The company's AGM is scheduled to be held on Friday, August 07, 2026, at 12:00 P.M. (IST). The meeting will be conducted through Video Conferencing or Other Audio-Visual Means (VC/OAVM).Members who are registered with the company or its Registrar and Share Transfer Agent (RTA) have received electronic copies of the Notice convening the AGM, accompanied by the Annual Report for Financial Year 2025-26.Accessing the Annual Report For...

Lux Industries Pours ₹600 Crore into Dankuni Facility; Plans to Establish One of Asia's Largest Garment Hubs Kolkata, July 11, 2026: Lux Cozi Group, Vertical 'A' of Lux Industries Limited, has initiated a major manufacturing expansion by laying the foundation stone for a new state-of-the-art facility in Dankuni, West Bengal. This landmark project involves an investment of approximately ₹600 crore and is set to create one of Asia's largest garment manufacturing plants, bolstering India's textile and apparel industry.The Foundation Stone Laying Ceremony was attended by Chief Guest Shri Suvendu Adhikari, the Honourable Chief Minister of West Bengal, alongside guests including Shri Samik Bhattacharya, Member of Parliament (Rajya Sabha)...