Markets

Maruti Suzuki Recommends Final Dividend of Rs 140 Per Share for FY2025-26; Provides TDS Guidelines Maruti Suzuki India Limited (MSIL) has announced a final dividend recommendation of Rs. 140 per equity share, following its Board meeting held on April 28, 2026. This payment is designated for the financial year ended March 31, 2026. The dividend will be disbursed to members whose names are registered as of the close of business hours on Friday, August 7, 2026.The company provided comprehensive guidance regarding Tax Deducted at Source (TDS) applicable on the declared dividend under current tax regulations.Dividend and TDS Provisions Overview MSIL detailed specific guidelines for all members concerning TDS obligations. The provisions...

Shreenath Paper Products Ltd acquires 50% stake in Shreenath Paper Industries, establishing an AssociateShreenath Paper Products Limited has established a strategic association with Shreenath Paper Industries Private Limited by subscribing to 50% of its paid-up equity share capital. Through this transaction, Shreenath Paper Industries has been incorporated as an associate company of the parent entity.The acquisition was completed in cash consideration at face value per equity share. The move expands the operational scope of Shreenath Paper Products Limited through the newly established enterprise.Shreenath Paper Industries Private Limited operates within the manufacture of paper products. The venture is a newly incorporated...

Gold Coin Health Foods Ltd To Hold Board Meeting to Discuss Q1 2026 Results Gold Coin Health Foods Ltd has scheduled a meeting of its Board of Directors to review and approve the unaudited financial results for the first quarter ending June 30, 2026.The Board meeting is set to be held on Thursday, July 16, 2026.Among the agenda items for the meeting is the consideration and approval of the Company's unaudited financial performance for the first quarter ended June 30, 2026. Additionally, the notice includes an item permitting any other business with the consent of the Chair.Stock Price Movement For the close today, Gold Coin Health Foods Ltd settled at ₹34.50 after shares tumbled 1.79%. The stock traded throughout the day within a...

GP Petroleums' Joint Venture Amron Oil Resources Selected as Operating Partner for IOCL's Pipavav Bitumen Cell Mumbai, July 10, 2026: GP Petroleums Limited (GPPL) has reached a significant milestone through its joint venture company, Amron Oil Resources Private Limited. The specialized entity, which is a 50:50 partnership between GP Petroleums Limited and West Coast Oils LLP and was established in 2004, specializes in manufacturing and supplying high-performance bitumen products that support India's expanding road and infrastructure sector.During the year, Amron Oil Resources was selected by Indian Oil Corporation Limited (IOCL) as the operating partner for its Bitumen Cell located at Pipavav, Gujarat. The dispatch of bulk bitumen...

VIDA EVooter VX2 Plus 4.4 kWh Secures Asia Book of Records After Launch VIDA, powered by Hero MotoCorp, has introduced the new long-range VIDA EVOOTER VX2 Plus 4.4 kWh, strengthening its electric lineup and achieving a historic milestone in the transportation sector. The variant secured a place in the Asia Book of Records for the 'Longest Journey by an Electric Scooter,' demonstrating exceptional endurance.The VIDA EVOOTER VX2 Plus 4.4 kWh is designed to accelerate the brand's vision of 'GHAR GHAR EVOOTER.' This long-range addition brings VIDA’s total offering to four distinct VX2 variants, catering to varied rider needs in India. Priced at INR 1,43,990 in New Delhi (effective ex-showroom price, less PMED subsidy and offers), the...

WEP Solutions Ltd Board Approves Key Director Appointments and Reappointments WEP Solutions Ltd announced significant changes to its board composition following a meeting held on July 10, 2026. The company approved the appointment of three new directors and re-appointed two existing members, strengthening its leadership in various capacities.The appointments included Dr. Gaurav Nigam as an Additional Director, along with Mr. Sanjeev Arora and Mr. Deepak Jain being appointed to the board as Independent Directors. Additionally, Mrs. Vandana Malaiya and Mrs. Shruti Agarwal were re-appointed as Independent Directors of the company.Dr. Gaurav Nigam was appointed as an Additional Director in the capacity of Whole-time Director designated...

Nifty, Sensex Rally on Earnings Boost: IT Stocks Lead as India Market Reclaims Key Technical Levels The Indian stock markets extended their recovery for the second consecutive session, driven by broad-based buying and strong performance from the Realty and banking sectors. Both the Sensex and Nifty saw gains of around 1 percent, solidifying the positive trend across the equity landscape on July 10.The rallying momentum was supported globally, allowing benchmark indices to push higher throughout the trading session. The Nifty 50 touched an intraday high of 24,228.45, while fundamental strength was provided by sharp gains in realty and metal stocks.Market Performance and Benchmark Gains At market close, the BSE Sensex closed at...

Ashoka Buildcon Reaches Settlement with NHAI; Proceedings Closed After Payment Ashoka Buildcon Limited has successfully reached a Settlement Agreement with the National Highways Authority of India (NHAI), concluding proceedings that stemmed from a Show Cause Notice issued by the authority.The settlement agreement confirms that no further action will be taken against Ashoka Buildcon in relation to the matter. As part of the resolution, NHAI agreed to withdraw the suspension of the company and confirmed that no debarment action would be initiated against Ashoka Buildcon Limited.To formalize the agreement, Ashoka Buildcon paid an amount of Rs.1.04 crore (Rupees One Crore Four Lakhs only). This payment was deposited with NHAI on July 9...

Gold ETFs Surge Back with ₹3,443 Crore Inflows as Investor Confidence Rebounds After May Outflows The data released by the Association of Mutual Funds in India (AMFI) reveals a strong comeback for Gold Exchange Traded Funds (ETFs). Following net outflows of ₹725 crore witnessed in May, Gold ETFs attracted fresh investments totaling ₹3,443 crore in June. This significant turnaround suggests that May's downturn was merely a temporary pause rather than the start of a sustained decline in investor sentiment toward gold.The recovery is particularly notable as investors continued directing substantial funds into equity mutual funds during the same period. This simultaneous commitment to both gold and equities indicates that many investors...

Indus Towers Limited Appoints Abhishek Maheshwari as Chief Financial Officer and Key Managerial Personnel Indus Towers Limited has appointed Mr. Abhishek Maheshwari as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). The Board of Directors approved the appointment, effective from August 19, 2026.The company confirmed that from the date of his appointment, Mr. Abhishek Maheshwari will serve as one of the authorized officials responsible for determining the materiality of events or information and for making necessary disclosures to stock exchanges.Mr. Maheshwari is a seasoned finance leader bringing over 21 years of experience across various facets of finance, including strategic planning, budgeting, financial...

Hindustan Copper Jumps Nearly 3% as Geopolitical De-escalation Fuels Industrial Metal Rally Industrial Metals Surge as Geopolitical Tensions Ease Hindustan Copper shares rose sharply on July 10, closing trading 2.7% higher at Rs 499.5 apiece. The industrial metal gained significantly, placing it on track for its second straight weekly gain. This strong performance came despite concerns over potential demand headwinds stemming from the recent escalation of fighting in the Middle East.The stock’s resurgence mirrors a broader trend among risk assets as market participants digested news regarding ongoing diplomatic efforts between the US and Iran. These talks are aimed at finding a permanent resolution to the months-long conflict.Market...

SIP Inflows Hit Record ₹31,781 Crore in June; Recovery Surge as Stoppage Ratio Falls Below 100% The mutual fund industry recorded a landmark month in June, with Systematic Investment Plan (SIP) contributions surging to a record ₹31,781 crore. This substantial rise reflects renewed investor confidence and steady long-term commitment toward financial goals. The positive trend was complemented by significant improvements across various metrics, including the SIP stoppage ratio and overall retail participation.SIP Contributions Achieve All-Time High SIP contributions rose 2.7 percent in June compared to May, reaching ₹31,781 crore. This represents a massive 16.5 percent jump from the contribution level of ₹27,269 crore recorded in June...

KCP Ltd Announces 85th Annual General Meeting; Book Closure for Dividend Eligibility KCP Ltd has scheduled its 85th Annual General Meeting (AGM) and announced a period of book closure related to the meeting and dividend eligibility. The company confirmed that the AGM will be held on Monday, August Jrd 2026 at 10:30 a.m., utilizing video conferencing or other audiovisual means.To facilitate the Annual General Meeting and determine membership eligibility for the upcoming dividend, the Register of Members will remain closed from Tuesday, July 28th 2026 to Monday, August Jrd 2026 (both days inclusive).The company also provided key timelines regarding the dividend payment. The Record Date set for the payment of the Dividend is July 27th...

Sensex and Nifty Leap Higher Amid Geopolitical Turmoil; Rupee Strengthens Against Dollar The Indian financial markets experienced a period of mixed stability as the rupee gained ground against the US dollar on Friday. The currency settled at 95.33 (provisional) after appreciating by 14 paise, driven partly by a weakening greenback and easing crude oil prices.Foreign Exchange Market Performance The rupee traded in a volatile range during interbank forex markets, opening at 95.27 against the dollar. It fluctuated between 95.22 and 95.42 before settling provisionally at 95.33. This move contrasts with Thursday, when the Indian currency had appreciated by only 1 paisa to close at 95.47 against the US dollar.The dollar index, which...

Bajaj Electricals Limited Announces 87th AGM Date and Release Integrated Annual Report for FY 2025-26 Bajaj Electricals Limited has announced the details regarding its 87th Annual General Meeting (AGM) and provided access points for the Integrated Annual Report for the Financial Year 2025-26.The Company's 87th AGM is scheduled to be held on Thursday, August 6, 2026, at 03:00 p.m. (IST). The meeting will be conducted through Video Conferencing and Other Audio Visual Means (VC/OAVM) facility.The Notice of the 87 AGM, along with the Integrated Annual Report for FY 2025-26, is being distributed electronically to registered Members. Shareholders who do not have their email addresses registered with the Company or relevant depositories...

Alembic Limited Sets Record Date for Dividend Entitlement on Equity Shares Alembic Limited has announced the record date for determining members' entitlement to receive a dividend on equity shares for the financial year ended March 31, 2026.The company set Tuesday, August 4, 2026, as the official record date. This date is designated for those seeking to determine their eligibility to receive the forthcoming dividend payment.Alembic Limited also provided details regarding the dividend distribution process, stating that the dividend will be paid within the timelines prescribed under the Companies Act, 2013. The disbursement of the dividend remains contingent upon its approval at the Annual General Meeting (AGM), which is scheduled for...

DJ Mediaprint Reports Lapsing Warrants Following Conversion DeadlineDJ Mediaprint & Logistics Limited, formerly known as DJ Logistic Solutions Private Limited, has reported that a significant portion of its allotted warrants failed to convert into equity shares within the stipulated period.The company stated that 82,33,359 warrants were initially allotted on January 2, 2025. Of this total, 47,87,630 warrants did not convert into equity shares within the prescribed timeframe of 18 months from the date of allotment.As a result of non-conversion, these warrants have lapsed. The amount paid for the lapsed warrants stands forfeited in accordance with the terms of issue and applicable regulations.DJML Stock Price Movement Shares of DJ...

Birla Cable Limited Sets Record Date for 34th Annual General Meeting and Dividend Payout Birla Cable Limited has announced the record date for its upcoming 34th Annual General Meeting (AGM), which will also determine the eligibility of members for the Final Dividend on Equity Shares pertaining to the Financial Year 2025-26.The Company fixed Friday, July 27, 2026, as the designated Record Date. The 34th AGM is scheduled to be held on August 3, 2026. This measure allows the company to define the shareholders eligible for the Final Dividend if it is approved and declared by the members at the AGM.The details regarding the record date and the purpose of the meeting are as follows:Scrip Code/SymbolType of SecurityRecord DatePurpose...

Transteel Seating Technologies Lands Order from Zyeta Private Limited for Chairs Transteel Seating Technologies Limited has secured an order worth Rs. 87,75,016.35 from Zyeta Private Limited for the supply of chairs. The contract falls under domestic transactions and is expected to be executed within a specific timeframe.The company received the order for its chair products from the domestic entity, Zyeta Private Limited. Details regarding the transaction indicate that the total consideration for this order amounts to Rs. 87,75,016.35, excluding taxes.Transteel confirmed that there is no interest held by the promoter or promoter group in the awarding entity, and the contract does not constitute a related party transaction.The...

Mumbai Metro One Achieves Debt Restructuring Deal, Insolvency Proceedings Withdrawn Mumbai Metro One Private Limited (MMOPL), the subsidiary of Reliance Infrastructure Limited, has successfully entered into a Debt Restructuring Agreement with National Asset Reconstruction Company Limited (NARCL). This restructuring marks a significant step in resolving MMOPL’s financial obligations and securing its long-term operational viability.The agreement, finalized on July 9, 2026, involves the restructured debt of MMOPL owed to NARCL, a government entity. The resolution includes a substantial reduction in debt and the complete withdrawal of insolvency proceedings that had been initiated against the company.MMOPL operates the crucial...