Markets

Deepak Chem Tech Limited Issues Preference Shares to DPL for Capital Infusion Deepak Chem Tech Limited (DCTL), a wholly-owned subsidiary of Deepak Nitrite Limited, has issued 12 million 9% Opportunity Convertible Redeemable Preference Shares (OCRPS) to Deepak Phenolics Limited (DPL), another wholly-owned subsidiary of the Company. This transaction aims to strengthen DCTL's capital base and support its ongoing project expenses and general corporate purpose.The shares were issued at par, with a face value of ₹100 each, aggregating to ₹120.00 Crores. The infusion of funds falls under the chemical industry segment.DCTL, which operates plants for Fluorination, Nitric Acid, Nitration, and Hydrogenation, is actively pursuing projects...

16 Companies Await Exchange Clearances: SEBI Puts Focus on Timelines Amid Scheme Progress SEBI has released a comprehensive status update detailing the processing of various Draft Schemes filed by listed entities. The disclosure provides granular insight into which companies are currently awaiting clearances from stock exchanges and those whose schemes are actively undergoing review within SEBI. This structured release underscores the regulatory progression of corporate restructuring across several industries, including manufacturing, pharmaceuticals, and technology.Key Companies Awaiting Stock Exchange NOC Clearance A substantial list of entities is currently pending No Objection Certificates (NOC) from the relevant stock exchanges...

Sagarsoft Declares Rs. 1.50 Per Share Dividend for FY 2025-26 Sagarsoft (India) Ltd has announced a dividend payment of Rs.1.50 per equity share, representing a 15% yield on the company's shareholders. The decision was made during the company's 30th Annual General Meeting held on July 10, 2026.The declaration pertains to the financial year 2025-26. Sagarsoft confirmed that the dividend will be disbursed to its shareholders within 30 days of the declaration date.Key details regarding the dividend and share capital are as follows:MetricDetailDividend per ShareRs.1.50/- (15%)Total Equity Shares63,92,238Face Value Per ShareRs.10/-Declaration DateJuly 10, 2026The company communicated the dividend approval following...

Jindal Saw Announces End of Tenure for Independent Director Ajit Kumar Hazarika Jindal Saw Ltd has announced that Shri Ajit Kumar Hazarika will cease to be an Independent Director of the company. This transition is due to the completion of his second consecutive five-year term in the role.The change is effective at the close of business hours on July 11, 2026.Shri Ajit Kumar Hazarika (DIN: 00748918) will therefore be stepping down as an Independent Director after successfully completing his required tenure.Key details regarding the cessation are provided below:ParticularsDetailsName of DirectorMr. Ajit Kumar Hazarika (DIN: 00748918)Reason for changeCompletion of tenure of second term of five consecutive years as an...

Ugro Capital Limited Allots Commercial Papers with a 180-Day Tenure Ugro Capital Limited has proceeded with the allotment of Commercial Papers (CPs). The security, which is proposed to be listed, carries a tenure of 180 days and was allotted on July 10, 2026.The CPs issued by the company carry various financial parameters detailing their issuance and repayment structure. Key details regarding the security are presented below:DescriptionDetailListed StatusProposed to be listedAllotment DateJuly 10, 2026Redemption DateJanuary 06, 2027Tenure of the security180 daysFace Value per SecurityRs. 5,00,000/-Issue Price per SecurityRs. 4,78,751.50/-Issue valueRs. 19,15,00,600/-Redemption valueRs. 20,00,00,000/-The...

Lodha Developers Publishes FY2025-26 Sustainability Report Detailing ESG Commitments and Operational Scope Lodha Developers Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report outlines the company's operational footprint, sustainability performance against global standards, and commitment to responsible corporate conduct across all projects.The BRSR details Lodha’s status as a major player in the real estate sector, focusing on development of residential projects, commercial projects, and digital infrastructure parks. Key operational data indicates that the company has 52 locations nationally (43 plants/sites and 9 offices), alongside one representative sales...

Longspur International Ventures Ltd updates Corporate Identification Number following Memorandum Alteration Longspur International Ventures Ltd has confirmed a change in its Corporate Identification Number (CIN) subsequent to an alteration made to the Main Object Clause of its Memorandum of Association. The modification was recorded by the Registrar of Companies (ROC), Mumbai, making it effective from May 14, 2026.The change signifies an update to the company's core corporate identification details, which were reflected on the portal of the Ministry of Corporate Affairs (MCA).The transition involves a specific change in the CIN structure, moving from the previous identifier to the updated number. The key details regarding the...

ESAF Small Finance Bank Announces Date and Details for 10th Annual General Meeting ESAF Small Finance Bank Limited has announced details regarding its Tenth (10th) Annual General Meeting (AGM) of members. The AGM is scheduled to be held on Friday, August 14, 2026, at 03:00 P.M. IST. Members can attend the meeting via Video Conferencing (VC) or other Audio Visual Means (OAVM).The Bank has specified August 7, 2026, as the cut-off date for determining membership entitlement to attend the AGM through VC/OAVM and for e-voting purposes. NSDL has been engaged by the Bank to provide facilities necessary for members to join the AGM and facilitate the related e-voting process.In addition to the general meeting details, ESAF Small Finance Bank...

Zydus Lifesciences Reports on Business Responsibility, Highlights Water Conservation and GHG Emission Reductions for FY25-26 Zydus Lifesciences Limited has released its Business Responsibility and Sustainability Report (BRSR) covering the financial year ended March 31, 2026. The report details the company’s operational footprint, workforce statistics, and commitment to environmental protection across its global operations, noting significant strides in energy efficiency and water management.The company operates with a focus on three primary business segments: Pharmaceuticals (82.56% of turnover), Consumer Wellness (14.56%), and Medical Devices (2.88%). Zydus has established a robust operational presence both domestically and...

Fino Payments Bank Reports Strong Liability Growth as Loan Disbursals Surge in June 2026 Fino Payments Bank Limited reported its business performance for June 2026, highlighting significant growth in liability base and digital engagement, while noting moderation in overall transaction throughput. The bank saw a dramatic increase in loan referral disbursals, underscoring the credit potential within its customer ecosystem.The core liability segment of the Bank maintained strong momentum during June 2026. Fino opened approximately 3.1 lakh new accounts, marking a 31% year-on-year (YoY) rise and bringing the total account count to 1.8 crore.Digital engagement through the FinoPay mobile application saw substantial improvement. The active...

Natural Capsules Limited Approves Allotment of Right Issue Shares Natural Capsules Limited has approved the allotment of equity shares following the approval of a Right Issue, as determined by its Board Meeting held on July 10, 2026. The allotment pertains to the company’s materials unlisted subsidiary, with the decision being formalized after prior board approval granted on May 27, 2026.The approved transaction involves the allotment of 1,11,202 Equity Shares. These shares were offered for cash at par, with each share valued at Rs. 10/-. The total aggregation value of this allotment is Rs. 11,12,020 (Rupees Eleven Lakhs Twelve Thousand and Twenty only).Key details regarding the Right Issue allotment are summarized below...

India Ratings Upgrades Vadilal Enterprises Ltd's Bank Loan Facilities to INDA+ India Ratings and Research (Ind-Ra) has upgraded Vadilal Enterprises Limited's (VEL) bank loan facilities, assigning them a rating of INDA+/Stable/INDA1+. The rating action reflects the company's financial standing across various instrument types.The upgrade specifically pertains to Bank Loan Facilities, which were previously rated INDA-/Stable/INDA2+, and now stand at INDA+/Stable/INDA1+ according to Ind-Ra.As part of the updated credit ratings, India Ratings provided ratings for several key financial instruments held by Vadilal Enterprises Limited. The rating details are summarized below:Instrument TypeRating AssignedRating ActionSize of Issue (INR...

INDUS ALUMINIUM RECYCLERS LIMITED Announces Resignation of Company Secretary and Compliance Officer Indus Aluminium Recyclers Limited (formerly Containerway International Limited) has announced a change in its Key Managerial Personnel (KMP). Ms. Margi Nileshkumar Shah tendered her resignation from the post of Company Secretary and Compliance Officer, with the resignation taking effect from the close of business hours on July 10, 2026.The departure of Ms. Shah is attributed to personal reasons. The company confirmed that she held the position as the Company Secretary and Compliance Officer.Details regarding this change in management are presented below:ParticularsDetailIndividualMargi Nileshkumar ShahPositionCompany...

ICRA Reaffirms Stable Rating for Manoj Vaibhav Gems 'N' Jewellers Limited Working Capital Facilities Worth Rs 511 Crore Manoj Vaibhav Gems 'N' Jewellers Limited has received a rating reaffirmation from ICRA concerning its bank loan facilities. As of July 10, 2026, the company holds the [ICRA]A- (Stable)/ [ICRA]A2+ rating for its working capital instruments.The overall rated amount for the long-term and short-term fund based and non fund based working capital facilities is Rs 511.00 crore. This reaffirmation covers various dedicated limits granted by multiple financial institutions.The ratings provided by ICRA are specific to the terms and conditions of the instruments. The detailed structure of the rated amount across different...

Viji Finance Limited Allots 18.6 Million Equity Shares Through Preferential Allotment Conversion of Warrants Viji Finance Limited announced that its Preferential Allotment Committee approved the allotment of 1,86,00,000 equity shares following the conversion of warrants during a meeting held on July 10, 2026. The allocation was made at an issue price of Rs. 2.80/- per share, which includes a premium of Rs. 1.80/- per share, in exchange for the exercise of conversion rights by three warrant holders from the non-promoter category.The shares were allotted upon receipt of the balance 75% of the issue price, totaling Rs. 3,90,60,000/-, to the respective warrant holders.This allotment follows prior activities related to warrants. The...

Aten Papers & Foam Ltd Appoints Mr. Mahendrakumar Kumavat as Company Secretary and Compliance Officer Aten Papers & Foam Ltd has finalized the appointment of Mr. Mahendrakumar Kumavat to serve as the Company Secretary and Compliance Officer, effective from July 10, 2026. The decision was taken following a Board meeting held on that date.The appointment ensures specialized expertise in secretarial matters and regulatory adherence for the company. Mr. Kumavat is set to manage compliance obligations as part of his duties.Key details regarding the newly appointed professional are summarized below:ParticularsDetailsNameMr. Mahendrakumar KumavatDesignationCompany Secretary and Compliance OfficerMembership NumberA80184Date...

Abril Paper Tech Approves Annual Report and Financial Statements in Board Meeting Abril Paper Tech Ltd., which was converted from the partnership firm Abril International, held a Board meeting on July 10, 2026. The Board reviewed and approved key operational and financial documents for the company.During the meeting, the directors considered and approved several crucial business aspects. Among these decisions, the Board took on record the draft Board report related to the Audited Financial statements for the fiscal year ended March 31, 2026. Furthermore, the Annual Report for the same financial period was officially approved by the company's Board.The board meeting also included the approval of the notice for the forthcoming Annual...

Pace Digitek Subsidiary Enters Memorandum of Understanding for Battery Energy Storage System Supply Pace Digitek Ltd, through its subsidiary M/s Lineage Power Private Limited, has signed a Memorandum of Understanding (MOU) with M/s Bondada Renewable Energy Private Limited. The agreement focuses on the supply of Battery Energy Storage Systems (BESS) and associated components.The MOU outlines the terms for the delivery of various BESS products, including DC Blocks, C&I BESS cabinets, Residential BESS, Power Conditioning System (PCS), EMS, and battery containers.The transaction details confirm that the agreement is with a domestic entity and does not involve any shareholding in Bondada Renewable Energy Private Limited. The MOU holds...

Mrs. Gandhali Upadhye Resigns from Key Roles at The Bombay Burmah Trading Corporation Limited The Bombay Burmah Trading Corporation Limited has announced that Mrs. Gandhali Upadhye has tendered her resignation from multiple key positions within the company due to personal reasons.Mrs. Gandhali Upadhye, who held the roles of Company Secretary and Compliance Officer (Key Managerial Personnel), along with Nodal Officer at The Bombay Burmah Trading Corporation Limited, resigned effective from the close of business hours on July 10, 2026.The company confirmed that Mrs. Upadhye's resignation encompasses her functions as Company Secretary and Compliance Officer (Key Managerial Personnel).Key details regarding the change in personnel are...

V-Guard Industries Ltd Announces Resignation of Vice President - HR & Admin V-Guard Industries Ltd has announced the departure of a senior managerial executive as part of its organizational changes. Mr. Venkateshwaran Sundaram has resigned from his position as Vice President - HR and Admin (Senior Managerial Personnel) at the company.The resignation, which cites personal reasons, is effective from July 10, 2026. The transition involves the cessation of Mr. Sundaram's duties within V-Guard Industries Ltd.This change in senior management personnel has been noted by the company.Key details regarding the executive transition are provided below:ParticularsDetailsPersonnel NameVenkateshwaran SundaramPosition HeldVice President...