Markets

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)...

South India Paper Mills Ltd Board Meeting Scheduled to Review Quarter Ended June 30, 2026 Results South India Paper Mills Ltd has scheduled a meeting of its Board of Directors to review the company's financial performance for the quarter that concluded on June 30, 2026.The board meeting is slated to take place on Thursday, July 30, 2026. The primary agenda item for the gathering is the consideration and subsequent approval of the Unaudited Financial Results for the specified period.Stock Price Movement South India Paper Mills Ltd. closed on a positive note on Friday, with shares settling at ₹104.10, marking a 1.07% advance. The stock traded within an intraday range, finding support down to ₹103.05 before reaching a high of ₹107.10...

RITES Secures Major Consultancy Order from Patna Metro Rail Corporation Limited RITES Ltd has secured a significant order in a consortium from Patna Metro Rail Corporation Limited. The contract pertains to providing consultancy services for the Implementation of the Patna Metro Rail Construction Project, as confirmed by the company.The awarded project falls under the category of consultancy services and is entirely domestic. RITES was contracted by Patna Metro Rail Corporation Limited, with the execution timeline set for 68 months.The contract details highlight that RITES Share in this project stands at approximately Rs. 79.22 Crore, excluding GST.Key terms and conditions of the order are detailed below:ParticularsDetails...

Innomet Advanced Materials Secures Purchase Order Worth Rs 54 Lakh from Hoganas India Innomet Advanced Materials Limited has successfully received a significant Purchase Order (PO) from Hoganas India Pvt Ltd, amounting to Rs 54,02,854.20. The order, dated July 10, 2026, marks a material business win for the Hyderabad-based company.The transaction pertains to the supply of COPPER POWDER 200 and is classified as a Purchase Order. Innomet Advanced Materials confirmed that the contract falls within the ordinary course of its business operations.Hoganas India Pvt Ltd, a domestic entity based in India and not a listed company, awarded the order to Innomet. The total commercial consideration for this purchase order stands at Rs...

Mankind Pharma Divests Stake in Hospitality Unit Approves Creation of Netherlands-Based R&D SubsidiaryThe Board of Directors of Mankind Pharma Limited has approved two significant strategic decisions: the divestment of its entire stake in Broadway Hospitality Services Private Limited and the incorporation of a new wholly owned subsidiary (WOS) in the Netherlands.The board meeting, held on July 11, 2026, focused on executing the company's strategy to streamline non-core assets while making targeted investments into pharmaceutical research.Divestment of Broadway Hospitality Services Private Limited Mankind Pharma has approved the divestment of its 100% stake in Broadway Hospitality Services Private Limited (Broadway), a wholly owned...

Birla Cotsyn Trading Resumes on BSE After Suspension Revocation Birla Cotsyn (India) Limited announced that trading in its equity shares has been officially resumed on the Bombay Stock Exchange (BSE). The revocation of the previous suspension, which followed an order from the Hon'ble NCLT Mumbai Bench dated January 9, 2025, allows the company's stock to resume market activity.The effective date for the resumption of trading is July 15, 2026. Stock trading in Birla Cotsyn’s equity shares will recommence on BSE Limited under the 'XT' group within the trade-to-trade segment.The stock has been designated as part of a Special Pre-open Session (SPOS) for IPOs and Relisted Scrips scheduled for July 15, 2026, following guidelines set by the...

Goodluck India Limited Board Approves 2:1 Bonus Issue, Corporate Restructuring and Rs 275 Crore Guarantee Goodluck India Limited announced several key decisions following its Board of Directors meeting held on July 11, 2026. The board approved a proposed bonus issue for equity shares, adjusted the final dividend recommendation in light of the bonus, granted an in-principle approval for corporate restructuring, and provided a Corporate Guarantee for a substantial loan taken by its subsidiary, Goodluck Defence and Aerospace Limited.The Board meeting reviewed multiple strategic matters, including the issuance of new shares and the financial security of subsidiaries, all aimed at future expansion and consolidation within the company...

Nuvoco Vistas Inaugurates 2 MMTPA Cement Grinding Capacity at Limla Plant in Gujarat Nuvoco Vistas Corporation Limited has strengthened its manufacturing base in Western India with the inauguration of a new cement grinding facility. The company's subsidiary, Vadraj Cement Limited (VCL), successfully launched 2 MMTPA of cement grinding capacity at its Limla Cement Plant located in Surat, Gujarat.This significant milestone enhances Nuvoco Vistas' footprint in the West and complements its existing clinker unit situated in Kutch. The facility serves as part of a strategic revival and expansion project across VCL's assets.Operational Capacity Snapshot The addition of the Limla plant contributes substantially to the company’s cement...

Goodluck India Board Approves Bonus Issue, Announces Corporate Restructuring Plan, and Guarantees Loan to Subsidiary Goodluck India Ltd has announced several material decisions following its Board meeting held on July 11, 2026. The company approved a bonus share issue, adjusted the final dividend payable for the financial year 2025-26, provided in-principle approval for corporate restructuring, and extended a corporate guarantee for a project loan to Goodluck Defence and Aerospace Limited.Bonus Share Issue Details The Board of Directors considered and approved a proposal for a Bonus Issue of Equity Shares at a ratio of 2:1. Under this plan, shareholders will receive two fully paid-up bonus equity shares (priced at Rs. 2/- each) for...

Digicontent Limited Increases Authorized Share Capital and Approves Preferential Warrant Issuance The Board of Directors of Digicontent Limited, at a meeting held on July 11, 2026, approved significant corporate actions including an increase in the authorized share capital and the issuance of warrants through a preferential allotment.The Company's board approved altering the capital clause of its Memorandum of Association (MOA), subject to members’ approval. The authorized share capital was increased from INR 13,00,00,000 (Indian Rupees Thirteen Crores) divided into 6,50,00,000 equity shares of INR 2 each, to INR 20,00,00,000 (Indian Rupees Twenty Crores) divided into 10,00,00,000 equity shares of INR 2 each.Preferential Issue of...

Everest Industries Reports on Sustainability, Highlighting Decarbonization Efforts and Stakeholder Focus Everest Industries Limited, a long-standing player in building solutions, has detailed its operational footprint and commitment to environmental and social governance standards for the financial year 2025-26. The company reported key metrics across manufacturing activities, workforce engagement, and adherence to sustainable sourcing practices.The company’s core business revolves around providing integrated construction solutions, which include roofing sheets, boards, and pre-engineering steel buildings (PEB). As of March 31, 2026, the company’s paid up capital stands at Rs. 15,85,57,540/- against 1,58,55,754 Equity Shares...

Vachi Commercial LLP Acquires 5 Lakh Shares of Continental Securities Ltd via Preferential Allotment Continental Securities Limited saw a change in its shareholding structure when Vachi Commercial LLP, operating as part of the Promoter Group, acquired 5,00,000 equity shares through a preferential allotment on July 08, 2026. This transaction involved the issuance of shares to the acquirer pursuant to the internal allotment process conducted by the company.The acquisition details show that Vachi Commercial LLP’s pre-acquisition holding included 26,50,000 shares carrying voting rights and 13,00,000 convertible warrants. Following the preferential allotment of 5,00,000 equity shares, the combined holding of Vachi Commercial LLP increased...