Markets

Government Nominee Director Departs from Board of Mangalore Refinery and Petrochemicals Limited Manganese Refinery and Petrochemicals Limited (MRPL), a Schedule 'A' Govt. of India Enterprise, has confirmed a change in its board composition following the departure of one of its nominated directors.The company reported that Shri Dheeraj Kumar Ojha has ceased to be the Government Nominee Director on the Board of Mangalore Refinery and Petrochemicals Limited (MRPL). His exit is effective from July 11, 2026.Shri Ojha’s departure stems from his posting from the Ministry of Petroleum and Natural Gas (MoPNG) to another Ministry, which occurred on July 10, 2026.Manganese Refinery and Petrochemicals Limited remains a subsidiary of Oil and...

Kalana Ispat Limited Qualifies for Corporate Governance Exemption Due to SME Listing Status Kalana Ispat Limited has been certified as eligible for exemption from certain corporate governance reporting requirements based on its listing status and financial parameters. The non-applicability of specific regulatory provisions is confirmed across three consecutive fiscal years, allowing the company to avoid the submission of comprehensive governance reports in current quarters.The certification confirms that Kalana Ispat Limited's specified securities are listed on the Emerge Platform (SME) of the National Stock Exchange of India Limited. This status allows the company to fall under exemptions related to compliance with Corporate...

Iris Clothings Enters Share Purchase Agreement for Acquisition of Infinia LifestyleIris Clothings Limited has formalized the acquisition of a significant stake in Infinia Lifestyle Private Limited, entering into a Share Purchase Agreement (SPA) following previous board approval.The transaction involves Mr. Harsh Vardhan Sarda and Mrs. Pooja Sarda, who are the Sellers of the shares in Infinia Lifestyle. The Company had previously approved the acquisition of 51% equity shares in Infinia Lifestyle during a Board meeting held on Wednesday, July 8, 2026.The formal Share Purchase Agreement was executed by Iris Clothings Limited and the Sellers on Friday, July 10, 2026. The closing of the transaction is conditional upon the satisfactory...

Promoter Acquires 3,87,000 Shares of Tridhya Tech Limited in Off-Market Transfer One of the company's promoters has acquired 3,87,000 equity shares of Tridhya Tech Limited through an off-market transfer. The acquisition was completed for a consideration of Rs. 41,21,550/-.RAJ ARJANBHAI AHIR, who is identified as the Promoter of Tridhya Tech Limited, acquired the shares from Ms. Kruti Barot. This transaction marks a change in his shareholding, leading to an increased stake in the company.The details of the acquisition are as follows:DetailValueCompanyTridhya Tech LimitedAcquirerRAJ ARJANBHAI AHIR (Promoter)SellerMs. Kruti BarotNumber of Shares Acquired3,87,000 Equity SharesFace Value per ShareRs. 10/-Mode of...

Dynamic Services Subsidiary Secures Rs 72 Lakh Contract from Northern Railway<p>Dynamic Services & Security Limited, through its subsidiary, The Bharat Battery Mfg Co Private Limited, has secured a work order from the Northern Railway. The contract involves the supply of specialized batteries for diesel electric locomotive engine starting applications.</p><p>The deal highlights a significant domestic contract win for the company's group. The Bharat Battery Mfg Co Private Limited will provide Low Maintenance Lead Acid Batteries (8V/450 Ah lead acid) to the Northern Railway.</p> <p>According to the contractual details, the work is governed by the general terms and conditions of Indian Railways and all other relevant documents...

Orchid Pharma Completes Amalgamation of Dhanuka Laboratories, Announces New Capital Structure and Share Exchange Ratio Orchid Pharma Limited has announced that its scheme involving the amalgamation of Dhanuka Laboratories Limited is now effective, resulting in the dissolution of the latter company without being wound up.The Board of Directors of Orchid Pharma Limited confirmed that the Scheme became operational on July 10, 2026, having met all prescribed conditions. The Amalgamating Company, Dhanuka Laboratories Limited (DLL), holds an appointed date of April 1, 2024.Following the effectiveness of the Scheme, the authorized share capital of Orchid Pharma Limited was automatically increased due to the transfer and amalgamation of...

EMA Partners Grants Employee Stock Options Under Two New Schemes EMA Partners India Limited announced that its Nomination and Remuneration Committee of the Board of Directors has approved the grant of Employee Stock Options under two separate schemes. The approval was made by a circular resolution dated July 10, 2026.The company granted options through the EMA Employee Stock Option Scheme 2024 (EMA ESOS 2024) and the EMA Partners India Limited Employee Stock Option Scheme 2025 (ESOS 2025). Both schemes are compliant with SEBI regulations regarding Share Based Employee Benefits and Sweat Equity.The details pertaining to the granted options for both schemes, including numbers, exercise prices, and vesting terms, are summarized below...

Hitech Corporation Limited Approves Re-appointment of Malav Dani as Managing Director and Appoints Mehli Golvala as Independent Director Hitech Corporation Limited announced that its shareholders approved two key appointments following a Postal Ballot, securing the continued leadership of Mr. Malav Dani and welcoming Mr. Mehli Golvala to the board. The resolutions granted by the shareholders relate to the re-appointment of Mr. Malav Dani as Managing Director and the appointment of Mr. Mehli Golvala as an Independent Non-Executive Director.The appointments are set for a five-year term, with both directors not liable to retire by rotation.Mr. Malav Dani was re-appointed as the Managing Director of Hitech Corporation Limited. His new...

AI Cybersecurity Firm TAC InfoSec Reports Record Q1 FY27 Results; Total Income Rises 97% YoY, PAT Surges 137% YoY AI cybersecurity firm TAC Infosec Limited has reported record financial results for the first quarter of fiscal year 2027 (Q1 FY27). The company saw a substantial increase in total income and Profit After Tax (PAT), driven by strengthening demand across its core cybersecurity platform business.Total Income surged 96.8% year-on-year (YoY) to INR 200 million, up from 102 million INR in the corresponding quarter of the previous financial year. EBITDA climbed 97.1% YoY to 98 million INR, while PAT witnessed a massive surge of 137% to 80 million INR.The company noted that its PAT margin expanded significantly, improving by...

Dolphin Offshore Enterprises' Subsidiary Receives Provisional Registration in GIFT City Dolphin Offshore Enterprises has confirmed that its wholly-owned subsidiary, Beluga International (IFSC) Private Limited, received a letter of provisional registration at the Gujarat International Finance Tec-City (GIFT City)-IFSC on July 10, 2026. The entity is set up to operate as a Finance Company in GIFT City, Gandhinagar, Gujarat.Beluga International (IFSC) Private Limited was incorporated under the provisions of the Companies Act, 2013, and holds its registered office in GIFT City, Gujarat. The company's focus will be on the finance industry, specifically operating lease of Ships/Ocean Vessels or any other equipment as may be specified by the...

Vindhya Telelinks Sets Record Date for 43rd AGM and Final Dividend on Equity SharesVindhya Telelinks Limited has announced the record date concerning its forthcoming 43rd Annual General Meeting (AGM) and the determination of eligibility for the Payment of Final Dividend on Equity Shares for the Financial Year 2025-26.The company fixed Monday, July 27, 2026, as the official Record Date. This date is set for the purposes of conducting the 43rd AGM and determining the names of members eligible to receive the Final Dividend on Equity Shares, should it be approved or declared by the Members at the AGM.The 43rd Annual General Meeting is scheduled to be held on August 3, 2026. This meeting will cover the declaration and payment of the...

Zee Media Corporation Limited Senior Manager Resigns from DVP Finance & Accounts Position Zee Media Corporation Limited has announced the resignation of Mr. Mayank Agarwal, who held the position of Deputy Vice President (DVP) - Finance & Accounts and was part of the company's senior management personnel. His resignation is effective from the close of business hours on July 10, 2026.Mr. Agarwal tendered his resignation to pursue career opportunities outside the organization. He conveyed that his tenure with the Company had been immensely rewarding, expressing sincere gratitude for the support and opportunities provided during his time at Zee Media Corporation Limited.Details regarding this change in senior management personnel are as...

Ind-Swift Laboratories Limited Announces Preferential Issue of Warrants to Essix Biosciences Ind-Swift Laboratories Limited announced the outcomes of its Board of Directors meeting held on July 10, 2026, detailing a significant preferential issue aimed at raising capital. The company confirmed the allotment of up to 70,00,000 Fully Convertible Warrants to an entity within the Promoter & Promoter Group.The issuance involves Essix Biosciences Limited as the sole proposed allottee. This preferential transaction has been set for cash and includes several key terms regarding the new security instruments.Preferential Issue DetailsA summary of the allotment details is provided below:ParticularsDetailType of Securities IssuedFully...

Marine Electricals: Madan Gopal Pendse Ceases Role as Independent Director and Committee Chairman Marine Electricals (India) Limited has announced that Mr. Madan Gopal Pendse, identified by DIN 07650301, has ceased being a director of the company following the completion of his second tenure as an Independent Director. The change in directorship was effective from the close of business hours on July 10, 2026.Consequent to this cessation, Mr. Madan Gopal Pendse also stepped down as the Chairman of both the Audit Committee and the Stakeholders Relationship Committee.The details regarding the transition of leadership at Marine Electricals (India) Limited are summarized below:Sr NoDisclosure RequirementsDetails1NameMr. Madan...

Ajmera Realty Sells 36% Stake in Ultra Tech Property Developers for Rs. 1.73 Crore Ajmera Realty & Infra India Limited has completed the sale of its entire shareholding—comprising 36% of the equity share capital—of Ultra Tech Property Developers Private Limited. The transaction was formalized through a Share Purchase Agreement (SPA) signed on July 10, 2026.Following the completion of the sale, effective from July 10, 2026, Ultra Tech Property Developers Private Limited has ceased to be an Associate Company of Ajmera Realty & Infra India Limited.The purchase was finalized with Bloom Hotels and Living Private Limited, who acquired the stake in the transaction. The Purchaser is not related to the promoter or the promoter group of...

CESC Subsidiary Incorporates Five New Wholly Owned Companies in Renewable Energy Sector CESC Limited's subsidiary, Purvah Green Power Private Limited, has incorporated five new wholly owned subsidiary companies focused on the renewable power sector. These new entities have been established with a unified goal of exploring opportunities within renewable energy markets.The newly formed subsidiaries include Purvah Sunrise Energy Private Limited, Purvah Sunlight Energy Private Limited, Purvah Future Energy Private Limited, Purvah Nextgen Energy Private Limited, and Purvah Sustainable Energy Private Limited. All companies were incorporated on July 10, 2026.These entities are established as wholly owned subsidiaries (WOS) of Purvah Green...

Universal Cables Limited Schedules 81st Annual General Meeting and Releases 2025-26 Annual ReportUniversal Cables Limited has announced that its Eighty First (81st) Annual General Meeting (AGM) is scheduled to take place on Monday, August 3, 2026. The meeting is set for 9:30 A.M. and will be held at the Registered Office of the Company, located at P.O. Birla Vikas, Satna - 485005 (M.P.).In addition to the AGM notification, the company has made available the Annual Report for the Financial Year 2025-26 on its official website. Shareholders can access the complete details of the report along with the Notice of the AGM through the designated web link provided by Universal Cables Limited.The public access to the required documents is...

JSW Holdings Announces Board Meeting for Q2 Financial Results; Trading Window Reopening Details JSW Holdings Limited has announced that a meeting of its Board of Directors will be held to review and approve the company's Unaudited Standalone and Consolidated Financial Results. The board meeting is scheduled for Thursday, August 6, 2026.The primary agenda item for the Board includes considering and approving the financial results for the quarter ended June 30, 2026.Addressing market activities, the company provided an update regarding its trading window. The trading period, which had been closed since July 01, 2026, is set to reopen following the declaration of the Financial Results for the quarter. The designated trading window will...

Swiggy Resolves FSSAI Prohibition Order: Regulatory Hiccups Cleared for Food Ordering Platform Toing Swiggy has confirmed the resolution of a regulatory issue concerning its food ordering and discovery platform, Toing. The company disclosed that it had received a prohibition order from the Food Safety and Standards Authority of India (FSSAI). This action was related to observations regarding the updation of licence particulars for the platform.The company clarified that the FSSAI action did not relate to any food safety concerns. Swiggy confirmed that the matter has been fully addressed, leading to a modified FSSAI licence being granted on July 9.Understanding the FSSAI Prohibition Order In its regulatory filing, Swiggy detailed the...

SK Hynix IPO Sparks Global Focus as Market Navigates High Expectations Amid Geopolitical Oil Swings The global equity market is holding its breath as traders prepare for a crucial earnings season, balancing high growth expectations against shifting geopolitical tensions. A notable catalyst is the impending debut of SK Hynix Inc.’s American depositary receipts (ADRs), which represent an unprecedented listing in the U.S.While equities have seen a week of gains overall, the semiconductor sector experienced a momentary dip. The memory chipmaker's ADRs are expected to open 21% above their offering price following their record-breaking $26.5 billion US listing. This debut underscores investor appetite for technology leaders during a period...