Markets

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...

FIIs Surge as Marketclimbs; Indices Extend Gains as Institutional Investors Net Buy Shares Indian stock markets extended their upward trajectory on July 10, with both foreign and domestic institutional investors recording net buying for the day. This positive momentum followed a brief period of selling in the previous session, setting a bullish tone despite persistent global uncertainties.Provisional data from the exchanges showed that Foreign Institutional Investors (FIIs) remained strong buyers, investing Rs 2,603.72 crore into Indian equities. Concurrently, Domestic Institutional Investors (DIIs) added robust support to the market, recording a net inflow of Rs 2,019.68 crore during the trading session.FII and DII Performance...

Shoppers Stop Limited Seeks Reclassification of Promoter Entities to Public Shareholder Category Shoppers Stop Limited is undertaking a process for the reclassification of certain entities from the 'Promoter and Promoter Group' category to the 'Public Shareholder' category. The company initiated this move on July 10, 2026.The reclassification effort targets specific promoter entities, moving them into the status of Public Shareholders on the stock exchanges where the Company’s equity shares are listed.The companies identified for reclassification and their current holding details are presented in the following table:Sr. No.Name of Outgoing Promoter EntitiesNo. of shares held% of shareholding1.Content Properties Private...

Mutual Fund SIP Inflows Hit Record High, Signaling Strong Retail Confidence Amid Moderating Stoppage Ratio The mutual fund industry witnessed a significant surge in committed savings as Systematic Investment Plan (SIP) contributions climbed to a record Rs 31,781 crore in June. This robust performance indicates strengthening retail participation and sustained investor confidence across the sector.Record SIP Inflows Boost Industry Momentum Monthly SIP contributions saw an uptick of 2.7 percent compared to May 2026, reaching Rs 31,781 crore. Looking at a longer-term trajectory, this figure marks a substantial increase of 16.5 percent from the contribution level of Rs 27,269 crore recorded in June 2025.The improved trend was reflected...

Finance Minister Pitches Banks to Revive FCNR Deposits Amid Declining Inflows Finance Minister Nirmala Sitharaman is scheduled to chair a crucial meeting with public sector banks (PSBs) on July 13th. The focus of this high-level gathering is the mobilization of foreign currency deposits, specifically Foreign Currency Non-Resident (Bank) deposits or FCNR(B).The minister will also address strategies for encouraging External Commercial Borrowings (ECBs), particularly among state-owned enterprises and central public sector enterprises (CPSEs). This initiative comes as efforts to attract foreign currency remain under scrutiny.Addressing the Steep Decline in Foreign Currency Deposits The push to boost FCNR(B) deposits is necessitated by a...

Kokuyo Camlin Releases Sustainability Report for FY 2025-26 Highlighting ESG Commitments and Operations Kokuyo Camlin Limited has released its Business Responsibility and Sustainability Report for the financial year 2025-2026. The report details the company's operational scope, human resource commitments, environmental performance, and adherence to governance standards.The company specializes in the manufacturing and trading of consumer products, primarily stationery and colour items used for scholastic and art purposes. With a heritage dating back to 1946, Kokuyo Camlin serves both domestic and international markets, operating across 3 national plants and 3 offices. The brand is recognized as an established stationery provider...

SMFG Consolidates India Strategy, Considering Centralizing Business through Yes Bank in Major Market Shift Sumitomo Mitsui Financial Group (SMFG) is actively re-evaluating its operational strategy across India. Sources familiar with the ongoing deliberations revealed that the Japanese financial giant is seeking ways to streamline and consolidate its presence within one of the world's fastest-growing banking markets. This strategic pivot comes amid discussions concerning changing regulatory guidelines in the country.Rethinking Operations: SMFG Looks Towards Yes Bank Consolidation SMFG, Japan’s second-largest lender, is reportedly studying various methods to simplify its diverse operations in India. The company may seek to conduct its...

SECL Nabs Historic Gazette Notification for Flagship CSR Scheme After Impressive Student Success Rates Ministry of Coal Certifies 'SECL Ke Sushrut' as First PSU CSR Initiative in Gazette of India South Eastern Coalfields Limited (SECL), a subsidiary of Coal India, has achieved a landmark moment in corporate governance. The company’s flagship Corporate Social Responsibility (CSR) initiative, 'SECL Ke Sushrut,' has been officially notified by the Ministry of Coal in the Gazette of India. This makes it the first CSR scheme among all Coal Public Sector Undertakings (PSUs) to receive such an official notification.The notification marks a significant step toward robust governance and transparent benefit delivery within the mining sector...

Prime Minister Stresses Navigating Global Rivalry: India Navy 'Guarantees' Peace and Security in the Indian Ocean Region Raksha Mantri Shri Rajnath Singh reaffirmed today that India stands as the primary guarantor of peace and stability throughout the increasingly complex Indian Ocean Region. Speaking to naval personnel in Visakhapatnam, Mr. Singh commended the Indian Navy for safeguarding maritime interests while upholding the Tricolour amid rising geopolitical tensions.The address, given on July 10, 2026, coincided with the commissioning of Mahendragiri, the sixth Project 17A indigenous stealth frigate into the Indian Navy. The event underscored India's growing commitment to both defense readiness and maritime supremacy in critical...

Himatsingka Seide Limited Approves Series E Non-Convertible Debentures with Rs 200 Crore Private Placement The Securities Committee of the Board of Directors of Himatsingka Seide Limited approved the reclassification and key terms for its Series E Non-Convertible Debentures (NCDs) during a meeting held on July 10, 2026. The decision relates to a private placement intended to raise a total of Rs 200 crore.The series comprises Series 'E' INR denominated, senior, secured, unrated, unlisted, redeemable, and taxable Non-Convertible Debentures (Series 'E' NCDs). This issuance is structured as a private placement targeting eligible investors.Key Details of the Non-Convertible DebenturesThe debentures have a tenure of 42 months from the...

Ideaforge Technology Completes Qualified Institutional Placement, Allocates Over 6 Million Shares at ₹795 Price Ideaforge Technology Limited has finalized its qualified institutions placement (QIP), confirming the allocation of 6,289,308 equity shares to eligible qualified institutional buyers. The decision was made by the company's Fund Raising Committee on July 10, 2026.The Issue was opened on July 7, 2026. Following the successful closure, the committee determined and approved the allocation details for the Equity Shares, setting the final issue price at ₹795.00 per share.The placement provided a discount from the floor price of ₹835.86 per equity share, resulting in a 4.89% reduction. The confirmed premium on the stock was set...

SEBI Greenlights Intraday Borrowing for Mutual Funds, Addressing Liquidity Mismatches in Market Settlement SEBI has introduced significant amendments permitting mutual funds to avail intraday borrowing facilities. This move aims to address inherent liquidity mismatches arising from differences in market settlement timings within the financial ecosystem. The new regulations are set to override previous guidelines concerning fund borrowings, enhancing operational flexibility while strictly maintaining investor protection protocols.SEBI Amendments Target Liquidity Gaps in Mutual Funds In a key regulatory action, SEBI modified the SEBI (Mutual Funds) Regulations, 2026. This amendment was carried out vide Gazette Notification no...