Markets

Visaka Industries Limited Receives ₹68 Crore Award from Litigation Against HCA Visaka Industries Limited has received a significant financial award following successful litigation against the Hyderabad Cricket Association (HCA). The company confirmed that it has received the funds, which amount to ₹ 68,73,19,584, including interest.The payment was successfully received by Visaka Industries Limited on July 10, 2026. This amount corresponds to an award made by an Arbitral Tribunal and subsequently confirmed by the Apex Court of India.The dispute involved the Principal Special Court in the Cadre of District Judge for Trial and Disposal of Commercial Disputes, Hyderabad. The court allowed Cheque Petition (CEP) No. 22 of 2025...

JBF Industries Ltd Receives CIRP Extension as NCLT Grants Additional 90 Days JBF Industries Limited, currently operating under the Corporate Insolvency Resolution Process (CIRP), has received an extension of its resolution period from the National Company Law Tribunal (NCLT). This decision was made after the Committee of Creditors (CoC) decided to republish Form G and seek further time for the process.The NCLT, Ahmedabad Bench, granted the requested extension of 90 days, effective from June 19, 2026, allowing more time for stakeholders to participate in the resolution process. With this development, fresh Expressions of Interest are being invited regarding the CIRP of JBF Industries Limited.The NCLT ordered the granting of the...

Rotographics Approves Name Change, Share Split, and ₹100 Crore Borrowing Limit Increase Rotographics (India) Limited announced several major corporate decisions following its Board Meeting held on July 10, 2026. The company approved a proposal to change its name, increase authorized share capital, and implement a significant stock split, alongside approving strategic investments in the aluminium industry.The Board considered and approved the approval of the Company’s Financial Year Ended March 31, 2026 Report. Key outcomes approved by the directors included granting loans, providing guarantees, offering securities, and making investments up to Rs. 100 crore. The Board also sanctioned an increase in the borrowing limits under Section...

Megamont Ltd Appoints A J B & Associates as Internal Auditor for Financial Year 2026-27 Megamont Ltd, formerly known as V.R. Woodart Limited, appointed M/s. A J B & Associates as its Internal Auditor following a Board meeting held on July 10, 2026. The appointment is effective from July 10, 2026, and covers the Financial Year 2026-27.The company's Board of Directors formally appointed the firm to oversee internal auditing functions for the specified financial year. M/s. A J B & Associates, which holds registration number 161244W, was selected for the role.Details regarding the appointed auditor and the firm are as follows:DetailInformationAuditor FirmM/s. A J B & Associates (Proprietorship Firm)Effective DateJuly 10, 2026...

Shakti Pumps India Sets Record Date and Announces 31st Annual General Meeting Shakti Pumps India Ltd has announced key dates for its shareholders concerning the company's 31st Annual General Meeting (AGM) and the potential payment of a Final dividend.The Record Date, established for this purpose, has been set as Wednesday, July 29, 2026. This date is designated for determining eligibility for both the AGM and the distribution of a Final dividend, should it be declared.The company's 31st Annual General Meeting is scheduled to take place on Wednesday, August 05, 2026. Shareholders must note that any Final dividend will be contingent upon declaration and subsequent approval by members during the AGM.SHAKTIPUMP Stock Price Movement...

Interactive Financial Services Ltd Approves Lending Facilities and Sets Date for Extraordinary General Meeting The Board of Directors of Interactive Financial Services Limited concluded a meeting on Friday, July 10, 2026, which saw significant operational and financial decisions. During the meeting, the company approved key investment opportunities and set parameters for its upcoming Extraordinary General Meeting (EOGM).A primary outcome of the Board meeting was the adoption of the Notice for the First Extra Ordinary General Meeting (EOGM) of the company covering the Financial Year 2026-2027. The EOGM is scheduled to take place on Friday, August 08, 2026, at 04:00 P.M. IST. Shareholders have until July 10, 2026, as the cut-off date...

Deepak Phenolics Limited Invests ₹120 Crores into Deepak Chem Tech Ltd Through OCRPS Allotment Deepak Chem Tech Limited, a wholly owned subsidiary of Deepak Nitrite Limited, has completed an investment transaction involving Deepak Phenolics Limited. The company issued and allotted 1,20,00,000 units of 9% Opportunity Convertible Redeemable Preference Shares (OCRPS) to Deepak Phenolics Limited (DPL).The total value of the OCRPS allotment, which bear a face value of ₹100 each, aggregates to ₹120.00 Crores. The investment was made by DCTL at par, confirming that the transaction was conducted on an arms length basis. Both Deepak Chem Tech Limited and Deepak Phenolics Limited are wholly owned subsidiaries of Deepak Nitrite Limited.The...

Balaji Phosphates Limited Board Approves Capital Increase, Announces Two Major Fundraising Initiatives Balaji Phosphates Limited has finalized several significant operational and capital structure decisions following a board meeting held on July 10, 2026. The company approved an increase in its authorized share capital and greenlit two distinct fundraising initiatives: one aimed at the promoter group for strategic acquisitions, and another targeting non-promoters through a warrant issuance.The Board approved increasing the Authorized Share Capital of the Company from INR 25,00,00,000, represented by 2,50,00,000 equity shares at INR 10 each, to INR 35,00,00,000, divided into 3,50,00,000 equity shares of INR 10 each. This increase...

Ugro Capital and Profectus Capital Advance Scheme of Amalgamation, Receive Observations from BSE and NSE Ugro Capital Ltd has confirmed significant progress in its ongoing scheme of amalgamation involving itself and Profectus Capital Private Limited. The Transferee Company has received key observation letters from both the National Stock Exchange of India Limited (NSE) and BSE Limited, which are necessary steps to enable the company to file the scheme with the Hon'ble National Company Law Tribunal (NCLT).The amalgamation concerns the merging of Profectus Capital Private Limited (Transferor Company or PCPL) and UGRO Capital Limited (Transferee Company or UGRO Capital) and their respective shareholders. This process is proceeding under...

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...