Markets

MPS Limited Announces Resignation of Chief People Officer MPS Limited has announced that Ms. Deepti Singh is stepping down from her position as Chief People Officer and Senior Management Personnel due to personal reasons. The company stated that her resignation is effective from the close of business hours on 09 October 2026.The departure of Ms. Singh, who holds the title of Chief People Officer at MPS Limited, was communicated following a notice dated 10 July 2026.Details regarding the transition and cessation of her role are summarized below:ParticularsDetailsPosition Resigned FromChief People Officer and Senior Management PersonnelNameMs. Deepti SinghReason for ChangePersonal ReasonsEffective Cessation Date09...

Gradiente Infotainment Approves Major Digital Content Expansion After Q1 Financial Review Gradiente Infotainment Limited announced that its Board of Directors reviewed and approved the Unaudited Standalone Financial Results for the first quarter ended June 30, 2026. The board also sanctioned a significant strategic initiative aimed at expanding the company's presence in digital entertainment through content production and distribution.The Board meeting held on July 10, 2026, formalized approval for the production and strategic collaboration necessary to develop new digital content. This move marks an expansion into both the digital entertainment and content creation segment.As part of this strategic push, the Board approved the...

Just Dial Reports Q1 FY27 Results: Revenue Climbs 9.9% While Net Profit Rises 4.1% Mumbai, India – July 10, 2026 – Just Dial Limited, a leading local search engine company in India, announced its unaudited financial and operating results for the first quarter (Q1) of Fiscal Year 2027, ended June 30, 2026.The company reported a revenue of ₹ 327.5 Crores, marking a 9.9% year-on-year (YoY) increase and a 6.6% quarter-on-quarter (QoQ) growth. Net profit stood at ₹ 166.2 Crores, which saw a rise of 4.1% YoY.Key financial indicators for the period include an operating EBITDA of ₹ 87.4 Crores, translating to a healthy 26.7% margin. Operating Profit Before Taxes (PBT) stood at ₹ 75.1 Crores, up 4.9% YoY.As of June 30, 2026, the company...

TAC Infosec Limited Announces Q1 Unaudited Financial Results for Quarter Ended June 30, 2026TAC Infosec Limited has released its unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The Board of Directors reviewed and approved these results during a meeting held on Friday, July 10, 2026, after they were considered by the Audit Committee.The financial reports reflect the performance of TAC Infosec Limited and its associated subsidiaries for the first quarter of the fiscal year. Statutory Auditors have conducted a Limited Review of the unaudited results.Key operational details from the consolidated results include:MetricQuarter Ended 30.06.2026 (Reviewed)Quarter Ended 31.03.2026 (Unaudited...

India Markets Brace for State Securities Auction as RBI Puts Forthover ₹24,800 Crore worth of Bonds The Reserve Bank of India (RBI) has announced a major auction offering state government securities. The exercise aims to mobilize significant capital from the market through the sale of bonds issued by various state governments. The aggregated face value of these securities stands at ₹24,800 Crore.This comprehensive auction includes both new stock offerings and re-issues of existing securities across several states. The proceeds will be utilized for governmental financing as determined by the respective state authorities.State Governments Roll Out Massive Securities Offering The RBI has invited participation from investors in a...

Birla Cable Limited Sets Record Date for 34th Annual General Meeting and Dividend Determination Birla Cable Limited has announced the record date necessary for its shareholders regarding the upcoming 34th Annual General Meeting (AGM). The company set Monday, July 27, 2026, as the official record date.The AGM is scheduled to take place on August 3, 2026. This meeting is designed to determine eligibility for the Payment of Final Dividend on Equity Shares for the Financial Year 2025-26, should it be approved or declared by the Members during the meeting.Birla Cable Limited provided detailed information regarding this corporate event in a recent announcement. The details pertaining to the stock and the purposes are summarized below...

REC Incorporates Wholly Owned Subsidiary for Nawada Durgapur Power Transmission Project REC Limited has established a new wholly owned subsidiary, Nawada Durgapur Power Transmission Limited, to manage interests in a significant power sector project. The company incorporated this entity on July 10, 2026.The incorporation is part of the activities undertaken by REC Power Development and Consultancy Limited (RECPDCL), which itself operates as a wholly owned subsidiary of REC Limited. Nawada Durgapur Power Transmission Limited now functions as a subsidiary of both RECPDCL and REC Limited under relevant corporate provisions.This new entity was incorporated in connection with the ERES-47: Nawada - Durgapur - Jeerat (New) 76SkV corridor...

Hind Rectifiers Announces Final Dividend Recommendation and Details for 68th Annual General Meeting The Board of Directors of Hind Rectifiers Limited has recommended a final dividend for the financial year ended March 31, 2026. The company is scheduled to hold its 68th Annual General Meeting (AGM) to seek shareholder approval for this payment.During the board meeting held on Saturday, May 16, 2026, the Board recommended a final dividend of Rs. 1.40 per equity share. This recommendation is based on the face value of the equity shares being Rs. 2/- each.The AGM is set for Tuesday, August 11, 2026, at 01:00 p.m. (IST) and will be conducted through Video Conferencing or other Audio-Visual Means.To determine eligibility for the...

Advait Energy Transitions Limited Promoter executes Inter-se Share Transfer of 10 Lakh SharesAdvait Energy Transitions Limited, formerly known as Advait Infratech Limited, saw a significant inter-se transfer of equity shares among its promoter group. The transaction, which was completed on June 16, 2026, involved the gifting of 10,00,000 equity shares from Rejal Sheth to Shalin Sheth.The off-market transfer falls under the provisions applicable to inter-se transfers among persons belonging to the Promoter Group, stemming from the dissolution of a trust and subsequent distribution of trust assets to the beneficiary.According to transaction details, Ms. Rejal Sheth transferred 10,00,000 shares, representing 9.14% of the company’s...

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...