Markets

Promoter Acquires Equity Shares of Defrail Technologies Ltd in Open Market Purchase Defrail Technologies Ltd has seen an increase in its promoter holding following a market purchase made by Vivek Aggarwal, who is identified as a Promoter of the company. The transaction indicates that the individual acquired equity shares in the open market.The acquisition was completed on July 2, 2026. Mr. Aggarwal purchased 320,000 Equity Shares through the BSE, completing the transaction valued at 2,33,376.This purchase led to an increase in his holding of the company's securities. Prior to this acquisition, Vivek Aggarwal held 49,700 Equity Shares, representing a 0.707% stake in Defrail Technologies Ltd. Following the transaction, his total...

Piyush Bairagi Resigns as Company Secretary and Compliance Officer of Vipul Ltd Vipul Ltd has announced the resignation of Mr. Piyush Bairagi from his positions as Company Secretary and Compliance Officer. The change is effective from June 15, 2026.Mr. Bairagi's departure was attributed to personal and professional reasons.Key details regarding the change in leadership at Vipul Ltd are summarized below:ParticularsDetailName of KMPPiyush BairagiDesignationCompany Secretary & Compliance OfficerDate of CessationJune 15, 2026Reason for ChangePersonal and Professional reasonsMembership NumberA-77256The resignation signifies a key change in the company's officer structure. Mr. Bairagi served in this capacity at...

AI Transformation Mega Deal: HCLTech Secures $1.14 Billion Contract with Mercedes-Benz HCLTech has secured a landmark strategic contract valued at $1.14 billion from European automaker Mercedes-Benz. This deal marks one of the largest such announcements by an Indian IT services company this year, underscoring the intense enterprise demand for AI-led digital transformation globally. The agreement is slated to commence in July 2026 and run until December 2031, with provisions for a potential five-year extension.The partnership involves HCLTech establishing an advanced AI-driven operating model. This system will be used to transform and manage Mercedes-Benz's global digital workplace and enterprise networks. Sources close to the deal...

Sahasra Electronic Solutions Recommends Dividend and Approves Variation in IPO Fund Utilisation Plan Sahasra Electronic Solutions Limited announced key outcomes from its Board of Directors meeting, which included recommending a final dividend for the fiscal year 2026 and approving material variations concerning the use and timeline of the Initial Public Offering (IPO) proceeds.The Board recommended a final dividend of Rs. 1.00 per equity share, considering an equity share value of Rs. 10/- for the financial year ending March 31, 2026.In addition to the dividend recommendation, the company reviewed and approved changes to the objects and terms of utilization of its IPO proceeds, along with extending the time limit for their use...

Globe Civil Projects Limited Secures Rs 1.2 Crore Contract from Central University of Punjab Globe Civil Projects Limited has secured a contract worth Rs 1,20,00,000/- from Central University of Punjab for providing and fixing FRP screens in the Aryabhata Academic Block. The project is designated as a Book Order Quantity (BOQ) order and holds significant importance for the company's business operations.The contract involves the furnishing and installation of specialized screens at the specified academic block within the university campus. The work is scheduled to be completed within 120 days, starting from the award of the order.Key details regarding the project awarded by Central University of Punjab are summarized below...

Aster DM Healthcare Changes Name Following Scheme of Amalgamation The name of Astre DM Healthcare Limited has been officially changed to Aster DM Quality Care Limited following a Scheme of Amalgamation involving it and Quality Care India Limited. The change, which took effect from July 3, 2026, was certified by the Registrar of Companies (RoC-Telangana).The name change pertains to the transferor company and transferee company under the scheme. Previously operating as Aster DM Healthcare Limited, the entity has been designated as Aster DM Quality Care Limited after securing the necessary certificate of incorporation pursuant to the change of name.This corporate action reflects the completion of the amalgamation process between the...

Pajson Agro India Secures Credit Facility from HSBC Bank for Working Capital Needs Pajson Agro India Limited, formerly known as Pajson Agro India Pvt Ltd, has secured a significant credit facility from HSBC Banking Corporation Limited. The company's Board of Directors approved this transaction via a resolution on July 3, 2026.The approved credit facilities aggregate up to Rs. 30 Crore (Rupees Thirty Crore only). These funds are intended for working capital requirements and include a letter of credit amounting to Rs. 20 Crore (Rupees Twenty Crore only). The financing agreement is structured as secured funding between Pajson Agro India Limited (Borrower) and HSBC Banking Corporation Limited (Lender/Bank).The facility is secured by...

Acquirers Offer to Buy 26% Stake in Colinz Laboratories Ltd for up to ₹3.53 Crore A consortium of individuals, comprising Annjana Dugar, Likhitta Dugar, and Antariksh Dugar, along with Padam Dugar (Person Acting In Concert), has launched a mandatory Open Offer for the public shareholders of Colinz Laboratories Limited. The offer aims to acquire up to 26% of the company’s voting share capital.The acquisition is part of an overarching strategy by the group to take control and gain management oversight of the Target Company following a prior transaction.Key Details of the Open Offer The Acquirers have set the offer price at ₹54 per equity share, providing cash consideration for all accepted shares. The total potential maximum...

Investigation Initiated Against Supriya Lifescience Personnel Regarding Export Transaction An investigation has been launched against Sreekant Sreedharan, General Manager of Sales & Marketing at Supriya Lifescience Ltd., by the Special Investigation and Intelligence branch of the Customs Department. The proceedings were initiated subsequent to an incident that occurred on July 3, 2026.The personnel is currently in judicial custody, which has been granted by the CMM court until July 17, 2026.The investigation concerns procedures under the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985. The charges relate to a procedural lapse pertaining to a single export transaction involving an identified product, as per details...

EPL Limited Invests Further in Wholly-Owned Subsidiary EPTL EPL Limited announced a further investment into its wholly-owned subsidiary, EPL Packaging (Thailand) Co. Ltd. (EPTL), on July 3, 2026. The company invested an additional amount of 4,95,00,000 Thai Baht, which is equivalent to Rs. 144.54 Million, after obtaining necessary approvals in both India and Thailand.The investment solidifies the structure of EPL’s operations in Thailand through EPTL. The transaction was conducted as a related party transaction and confirmed to be at 'arm's length', given that EPTL is already a subsidiary of the company.EPTL is engaged in the manufacturing and trading of laminated tubes in Thailand. The company, which serves as a vehicle for EPL’s...

HDFC Bank Reports Growth in Advances and Deposits as of June 30, 2026 HDFC Bank Limited reported significant growth across its key business volumes for the period ending June 30, 2026. The bank saw increases in both advances and deposits, reflecting strong operational performance during the quarter.Key figures related to advances showed robust expansion. The bank’s average advances under management stood at ₹ 30,386 billion for the June 2026 quarter, marking a growth of around 10.8% compared to the figure of ₹ 27,423 billion in the corresponding June 2025 period. Furthermore, period end advances under management reached approximately ₹ 31,270 billion as of June 30, 2026, achieving a growth rate of around 12.4% over the advance figure...

Tata Power Withdraws Karnataka Distribution License After Facing Fierce Pushback From State Utilities and Government Tata Power Company Ltd. (TPCL) has officially withdrawn its application to operate a parallel electricity distribution network in Karnataka. The decision follows significant opposition received from state-owned power utilities, employee unions, and the government.The withdrawal was announced after an oral submission made before the Karnataka Electricity Regulatory Commission (KERC) on July 3. Tata Power confirmed that it did not wish to proceed with the application and is expected to file a formal memo documenting the withdrawal.This move underscores a strong resistance within the state against private entry into its...

Gold Surges on Fed Outlook Shift: Bullion Rockets Amid Easing Inflation Fears and Labor Market Slowdown Spot gold advanced significantly as expectations regarding Federal Reserve rate hikes began to wane. Driven by softer US job numbers and a downturn in energy prices, investors have scaled back bets on monetary policy tightening—a factor that historically weighed down the non-yielding precious metal. Gold surged toward $4,200 an ounce, posting a strong 2.2% gain for the week.Diminished Hike Expectations Drive Gold Rally The data released Thursday indicated a sharp slowdown in US hiring in June, suggesting ongoing challenges within the labor market despite prior signs of strength. Swap traders now price the likelihood of the Federal...

Vedanta Iron And Steel Reports Q1 Production Highlights, Sees Highest-Ever Pig Iron Output Vedanta Iron And Steel Limited has released its production figures for the first quarter ended June 30, 2026. The company reported a rise in saleable steel production and recorded record-high pigment iron output from its Goa plant.The performance figures reflect the integrated operations of Vedanta Iron And Steel Limited (VISL) as they stand at the end of the first quarter of FY2027, following its demerger from Vedanta Limited.Key Production Highlights During Q1FY27, VISL saw several operational improvements across its primary segments:Steel: Saleable production increased 4% year over year (YoY) and by 2% quarter over quarter (QoQ)...

Coal India Limited signs JV agreement with UPRVUNL to set up renewable energy projects in Uttar PradeshCoal India Limited (CIL) has entered into a joint venture (JV) agreement with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL). The agreement, signed on July 3, 2026, mandates the establishment of a joint entity dedicated to renewable energy projects within Uttar Pradesh.The partnership aims to drive the development of various green energy initiatives across the state. These include Ground Mounted Solar, Floating Solar, Pumped Storage Projects, Wind Projects, and other related renewable energy ventures, encompassing power sale and associated business activities.Key Details of the Joint Venture The collaboration is...

Everest Industries Withdraws CAPEX Plan for Fibre Cement Boards Plant in Assam Everest Industries Limited has announced the withdrawal of its capital expenditure plan for a proposed Fibre Cement Boards plant in Matia, Goalpara, Assam. The decision follows a board reassessment regarding the feasibility of the investment project.The company's wholly-owned subsidiary, Everest Buildpro Private Limited (EBPL), had previously outlined plans for the CAPEX project. As part of this commitment, EBPL had invested Rs. 10.90 crores towards securing land at the specified location from the Assam Industrial Development Corporation Limited (AIDC).The original proposal was communicated on February 25, 2025, detailing a planned CAPEX amounting to Rs...

Capillary Technologies Grants 7,92,636 Stock Options Under ESOP Plan 2021 Capillary Technologies India Limited has granted stock options to eligible employees under the ESOP Plan 2021. The grant was approved by the Nomination and Remuneration Committee (NRC) of the Board of Directors on July 3, 2026.The company allocated a total of 7,92,636 stock options, each carrying a face value of ₹ 2/-. This action is part of the ongoing ESOP Plan 2021 for the organization's employees.According to details provided by the company regarding this grant, the exercise pricing differs based on the recipient's residency status. For recipients who are not US tax residents, the Exercise Price is set at INR 418/- per option, reflecting a 19.84% discount...

One 97 Communications Appoints New Independent Directors, Updates Senior Management TeamOne 97 Communications Limited announced significant strengthening moves within its corporate governance and management structure following a Board meeting held on July 3, 2026. The company welcomed two new Non-Executive Independent Directors (IDs) while managing the transition of existing roles and designating several senior executives as additional Senior Management Personnel (SMP).The appointments reflect the company's pursuit of continued growth and higher profitability.New Independent Board Members Appointed Two industry veterans were appointed to the Board, effective July 5, 2026, for a term of three consecutive years. The appointments...

GenXAI Analytics Approves Financial Results and Appoints New Internal Auditor GenXAI Analytics Limited, formerly known as GenXAI Analytics Private Limited, announced key decisions made during its Board of Directors meeting held on July 3, 2026. The company approved the financial results for the half year and the full year ending March 31, 2026, and formally appointed a new internal auditor for the upcoming fiscal year.The board considered and sanctioned the Standalone and Consolidated Audited Financial Results for the period ending March 31, 2026. This approval includes the Statement of Assets and Liabilities, the Cash Flow Statement for both periods, alongside the relevant Auditor's Report. Furthermore, the company confirmed an...

Senior Management Change at Zydus Wellness as Lalit Ahuja Resigns Zydus Wellness Limited has announced a change in its senior management structure with the resignation of Mr. Lalit Ahuja, Head - Sales (India & ISC). Mr. Ahuja's departure was effective from close of business hours on July 3, 2026.Mr. Ahuja's decision to step down follows an extensive career period with the company, during which he contributed significantly to the organization's transformation over the past decade.The resignation is attributed to Mr. Ahuja pursuing other professional opportunities.Key details regarding the change in senior management are presented below:ParticularsDetailsReason for ChangeResignationDate of CessationJuly 3, 2026RoleHead...