Markets

Adani Green Energy Reports Robust Q1 FY27 Operations, Posts 30% YoY Growth in Energy Sales Adani Green Energy Limited (AGEL) reported significant operational strides for the first quarter of Fiscal Year 2027 (Q1 FY27), noting a 27% year-over-year increase in its total operational capacity. The company also achieved substantial growth in energy sales, which rose by 30% year-over-year, reaching 13,657 million units.The operational update highlighted the integration of new greenfield projects and the successful commissioning of battery storage capabilities within one of the world's largest single-location deployments.Key Operational Highlights for Q1 FY27 AGEL expanded its total operational capacity to 20,142 MW, which includes a...

Brigade Enterprises Reports Resignation of President - Construction, Saroj Kumar Pati Brigade Enterprises Limited has announced the acceptance and cessation of Mr. Saroj Kumar Pati from his role as President - Construction. The company confirmed that he was relieved of his responsibilities effective from July 10, 2026, following his resignation due to family obligations.The management of Brigade Enterprises accepted the tendered resignation of Mr. Pati. This change in Senior Management Personnel has been recorded by the company.Details regarding the departure of Mr. Pati are summarized below:Disclosure RequirementDetailNameMr. Saroj Kumar PatiRolePresident - ConstructionReason for ChangeResignation due to family...

Kitex Garments Limited Holds Shareholder Meeting on Scheme of Arrangement with Kitex Childrenswear Limited Kitex Garments Limited has released an Addendum regarding the notice for its Equity Shareholders and Unsecured Creditors, convening a meeting set for July 24, 2026. The meeting is scheduled to address the Scheme of Arrangement between Kitex Childrenswear Limited (KCL) and Kitex Garments Limited (KGL), as directed by the National Company Law Tribunal, Kochi Bench.The Addendum provides additional details on the scheme, which involves the consolidation of KCL's Textile Business Division into KGL. This move aims to facilitate focused growth and operational efficiencies for both entities in the infant garments industry. The meeting is...

Tirupati Forge Limited Allots 8,50,000 Equity Shares Following Convertible Warrant Conversion Tirupati Forge Limited has approved the allotment of 8,50,000 equity shares following the conversion of convertible warrants into fully paid-up stock. The decision was made during a Board meeting held on July 10, 2026.The company allotted these new equity shares to Non-Promoter individuals under preferential terms. These shares represent the conversion of an equal number of convertible warrants (8,50,000) out of the total pool of 1,17,60,000 convertible warrants that were initially issued on January 16, 2025.The equity shares have a face value of Rs. 2/- and are being issued at a premium price of Rs. 30/-, resulting in the allotment price...

Lead Reclaim And Rubber Products Limited Completes Equity Share Allotment at Rs 75 Per Share Lead Reclaim And Rubber Products Limited announced that its Board of Directors approved the allotment of equity shares on July 10, 2026. The company allotted a total of 10,44,000 equity shares of face value Rs 10 each at an issue price of Rs 75 per share paid in cash.The newly allotted Equity Shares are intended to rank pari-passu with all existing equity shares of the Company. This allotment falls under a preferential issuance.Following the capital increase, the Paid up Equity Share Capital of Lead Reclaim And Rubber Products Limited now stands at Rs 9,73,50,630. This total is comprised of 97,35,063 equity shares, each with a face value of...

Samvardhana Motherson Issues INR 200 Crores Commercial Papers to Kotak Mahindra Bank Limited Samvardhana Motherson International Limited has issued Commercial Papers (CP) valued at INR 2,00,00,00,000, securing financing from Kotak Mahindra Bank Limited. The transaction involves the issuance of 4,000 commercial papers, each having a face value of Rs. 5,00,000.The CP was allotted on July 9, 2026, with a tenure set at 78 days. The maturity date for the commercial paper is scheduled for September 25, 2026. The interest rate attached to the instrument stands at 6.25%.Key terms of the financing agreement are structured as follows:DetailInformationIssue SizeINR 2,00,00,00,000/-InvestorKotak Mahindra Bank LimitedInterest...

Northern Arc Capital Appoints Joint Statutory Auditors and Increases Capital via Employee Stock Option Allotment Northern Arc Capital Limited announced key outcomes from its Board meeting held on July 10, 2026, approving both the appointment of a new Joint Statutory Auditor and the allotment of equity shares under its ESOP Plan.The Board considered and approved the selection of M/s. R. Subramaniyan and Company LLP as the Joint Statutory Auditors of the company. This appointment is set for a term of three consecutive years, beginning from the conclusion of the 18th Annual General Meeting until the conclusion of the 21st Annual General Meeting, subject to member approval at the ensuing Annual General Meeting. The existing statutory...

Public Prosecution Office Summons Tata Steel Ijmuiden Over Alleged Pollution at Coke Plants Tata Steel Ijmuiden B.V. (TSIJ), a wholly-owned foreign subsidiary of Tata Steel Limited, has been summoned by the Dutch Public Prosecution Office (PPO) regarding suspected criminal offenses related to alleged pollution at its coke and gas plants (CGP 1 and 2) in Ijmuiden, Netherlands.The PPO decision pertains specifically to the allegation that TSIJ allowed undercooked coke to occur in Coke and Gas Plants (KGF) 1 and 2 and failed to report these instances in a timely manner.TSIJ emphasized its commitment to environmental stewardship, noting that it views itself as an essential neighbor to the local community and is fully dedicated to...

Integrated Personnel Services Limited Posts Profit Growth as Group Revenue Increases Integrated Personnel Services Limited (IPSL) has reported its financial results for the half-year and full year ended March 31, 2026. The company demonstrated growth in both standalone and consolidated performance, alongside significant increases in cash generation from financing activities during the period.Standalone Financial Performance The standalone results indicate a rise in profitability and equity compared to the previous fiscal year. Total assets stood at 12,240.26 Lakhs as of March 31, 2026, up from 8,817.85 Lakhs in 2025.Key figures under Equity and Liabilities showed the following trends:Share Capital remained constant at 860.65...

IIFL Finance Limited Allots Fixed Rate Senior Secured Notes Worth USD 300 Million IIFL Finance Limited has approved and allotted Fixed Rate, Senior, Secured Notes amounting to USD 300,000,000. These notes were issued under the company's Global Medium Term Note Programme, which has a total size of USD 1,500,000,000.The allotment was formalized on July 10, 2026. The Notes are part of the Offering Circular, along with its supplement offering circular dated July 01, 2026. These notes will be listed on India International Exchange (IFSC) Limited and NSE IFSC Limited.The instruments carry a coupon rate of 7.60% per annum and have been set for redemption at par. The tenor of the issue is four years, with a specified Redemption...

Shera Energy Limited Announces Board Meeting to Approve Preferential Allotment of Convertible Share Warrants Shera Energy Limited has announced that its Board of Directors will convene a meeting on Tuesday, July 14, 2026. The primary agenda item for the meeting is the consideration and approval of the preferential allotment of Convertible Share Warrants (CSWs) to proposed allottees.The initiative follows an Extraordinary General Meeting held on May 15, 2026, during which shareholders accorded approval for the allotment scheme. Additionally, the company has secured in-principle approval from the National Stock Exchange of India Limited for the distribution of these warrants.The preferential allotment is slated to proceed subject to...

Siemens Limited Sets Record Date for Dividend Eligibility of Equity Shareholders Siemens Limited has announced the record date pertaining to its equity shares for determining eligibility concerning dividends, which are expected to be declared at the upcoming 68th Annual General Meeting (AGM). The announcement provides specific details regarding the dividend payment process and timelines.The company specified that Wednesday, July 29, 2026, will serve as the record date. This date is critical for determining membership eligibility for dividends related to the Financial Year (FY) 2024-26, which will be declared during the forthcoming AGM.Details regarding the security and the record purpose are summarized below:Type of Security and...

Rulka Electricals Allots 56 Lakh Warrants and 1.83 Lakh Equity Shares on Preferential Basis Rulka Electricals Limited announced significant updates regarding its capital structure following a Board meeting held on July 10, 2026. The outcomes included the preferential allotment of Fully Convertible Equity Warrants (FCEWs) and the issuance of Equity Shares to various investors.The Company confirmed the allotment of FCEWs pursuant to a Special Resolution passed by Members in an EGM on June 06, 2026. These warrants were issued at an issue price of Rs. 109.50/- per warrant, which includes a premium of Rs. 99.50/-. A total of 56,85,808 FCEWs were allotted to eight allottees on July 10, 2026.The preferential allotment of warrants included...

Sacheerome Limited Reports Zero Investor Grievances for Quarter Ending June 30, 2026 Sacheerome Limited has provided updates regarding its compliance certifications and investor grievance status for the quarter ended June 30, 2026. The company received a relevant certificate from MUFG Intime India Private Limited, which serves as the Registrar and Share Transfer Agent.In addition to the certification update, Sacheerome Limited released its detailed Investor Grievance/Request Report covering the period from April 1, 2026, to June 30, 2026. The report details various complaint metrics for the quarter.Key data points regarding investor grievances during Q2 FY27 are presented below:MetricValueTotal Grievances pending at the...

Owais Metal and Mineral Processing Limited Board Approves Banking Facilities and Current Account Opening Owais Metal And Mineral Processing Limited, the company, approved a key resolution during its recent board meeting regarding banking facilities and operational accounts.The Board of Directors of Owais Metal And Mineral Processing Limited reviewed and sanctioned matters related to the opening of current accounts and accessing associated banking facilities. This resolution was passed during the management meeting held on July 10, 2026, at the company's registered office.OWAIS Stock Price Movement Today, shares of Owais Metal And Mineral Processing Limited surged as the stock closed at ₹104.9 after rising 3.52% during trading today...

Master Components Limited Receives Purchase Order for Supply of Electrical Products worth Rs 49,54,743.30 Master Components Limited has secured a purchase order from a domestic entity for the supply of electrical products, amounting to approximately Rs 49,54,743.30, including tax. The contract provides specific terms and conditions regarding payment and execution timeline.The order details indicate that Master Components Limited will be supplying electrical products to the buyer, who is described as a domestic company. The anticipated completion date for this contract is August 5, 2026.Key terms of the purchase agreement include:ParticularsDetailsNature of OrderSupply of electrical productsCounterparty TypeDomestic Entity...

Kitex Garments and Kitex Childrenswear Detail Strategic Consolidation in Addendum to Meeting Notice Kitex Garments Limited (KGL) has issued an Addendum detailing additional information related to its Scheme of Arrangement with Kitex Childrenswear Limited (KCL). The scheme involves consolidating KCL's Textile Business Division into KGL, aiming to facilitate focused growth and business synergies for the resulting entity.The meeting notice for the Equity Shareholders and Unsecured Creditors of the companies, which is scheduled for July 24, 2026, includes this Addendum. This document provides further details under Clause 54(xii) concerning information submitted to the National Stock Exchange of India Limited (NSE).The objective of the...

TAC Infosec Limited Delivers Record Quarterly Performance in Q1 FY26-27 Driven by AI Cybersecurity Platform TAC Infosec Limited has reported strong financial results for the first quarter of fiscal year 2026-27, with key metrics showing substantial increases across total income, EBITDA, and Profit After Tax (PAT). The company attributed its robust performance to sustained momentum in its AI led cybersecurity platform business.The organization recorded record quarterly performance, with Total Income surging 96.8% year on year and achieving a 33.3% growth quarter on quarter. Operating efficiency remained high as EBITDA increased by 97.1% year on year, alongside a 51.7% increase over the previous quarter. Profit After Tax (PAT) saw a...

Sacheerome Limited Confirms Non-Applicability of Corporate Governance Report for SME Listing Status Sacheerome Limited has confirmed that certain corporate governance reporting requirements are not applicable to the company for the quarter ended June 30, 2026.The determination stems from Sacheerome's listing of its specified securities on an SME Exchange. As a result, the company is exempt from submitting the quarterly Corporate Governance report as stipulated under Regulation 27(2) of SEBI (LODR) Regulations 2015 for the period ending June 30, 2026.This exemption pertains to specific corporate governance provisions that are not mandatory when an entity has its securities listed on the SME Exchange. The provisions noted include...

Orchid Pharma Completes Amalgamation of Dhanuka Laboratories LimitedThe Scheme of Amalgamation involving Orchid Pharma Limited and Dhanuka Laboratories Limited has become effective as of July 10, 2026. The amalgamation concludes with the dissolution of Dhanuka Laboratories Limited, which is now absorbed into Orchid Pharma Limited.The process followed a National Company Law Tribunal order sanctioning the scheme. According to the terms of the Scheme, the Amalgamating Company (Dhanuka Laboratories Limited) has been fully integrated with the Amalgamated Company (Orchid Pharma Limited).Upon the completion of the merger, Dhanuka Laboratories Limited stands dissolved without being wound up, and Orchid Pharma Limited now incorporates its...