Markets

Aadhar Housing Finance Ltd Releases Business Responsibility and Sustainability Report for FY 2025-26Aadhar Housing Finance Ltd has released its Business Responsibility and Sustainability Report covering the Financial Year 2025-26.The report, which forms part of the Annual Report for the financial year 2025-26, includes an Independent Practitioner's Reasonable Assurance Report. Kirtane & Pandit LLP, Chartered Accountants, provided this assurance report.AADHARHFC Stock Price Movement Today, Aadhar Housing Finance Limited shares edged higher after closing at ₹534.05, gaining 0.54% in post-market trading. The stock traded within an intraday range of ₹523.25 to ₹540.00, with a reported volume of 721,305 shares.

Promoters Acquire Shares Through Warrant Conversion While Disposing Stake in South West Pinnacle Exploration Limited South West Pinnacle Exploration Limited saw changes in its equity structure as promoters, Mr. Vikas Jain and Mr. Piyush Jain, executed transactions involving both the acquisition of shares via warrant conversion and the open market disposal of existing stakes.The Company issued a significant allotment of Equity Shares to the promoter group following the conversion of warrants, while separately disposing of a portion of their holdings in the open market. These actions resulted in a marginal increase in the promoters' shareholding and a strengthening of the company’s total voting capital.Share Transaction Details On...

NCLAT Keeps Effect of NCLT Order Regarding Chairman's Personal Guarantee in Abeyance Sathlokhar Synergys E&C Global Limited has received an update concerning proceedings initiated against its Chairman and Managing Director, Mr. G. Thiyagu, clarifying that the insolvency matters do not impact the company’s operations or financial standing.The situation arose from an order passed by the National Company Law Tribunal (NCLT) on June 9, 2026. The proceedings related to the NCLT order involve Mr. G. Thiyagu as a Personal Guarantor for credit facilities availed by an unrelated entity in January 2014.Mr. G. Thiyagu subsequently appealed this matter before the National Company Law Appellate Tribunal (NCLAT), Chennai Bench, through Company...

SIP Inflows Surge to Record ₹31,781 Crore as Stoppage Ratio Hits Six-Month Low Systematic investment plans (SIPs) in the mutual fund industry witnessed a strong uptrend in June, reaching a record contribution of ₹31,781 crore. This figure represents a 2.7 percent rise from May's contributions of ₹30,954 crore. Furthermore, monthly SIP assets under management saw substantial growth, affirming sustained investor interest across retail participants.Recovery Seen as SIP Stoppage Ratio Plummets to Six-Month Low The industry showed significant signs of recovery in June regarding SIP retention. The SIP stoppage ratio improved markedly, settling at 77.3 percent, the lowest level observed in six months. This improvement was driven by fresh...

Bayer AG Acquires Shares in Bayer CropScience Limited via Inter-se Transfer Bayer AG has completed the acquisition of a significant block of equity shares in Bayer CropScience Limited, which is part of its promoter group structure. The transaction was finalized on July 8, 2026, involving an inter-se transfer of equity shares from Bayer CropScience AG to the acquiring entity, Bayer AG.The acquisition involved purchasing 53,54,030 equity shares of the Target Company from Bayer CropScience AG. This move alters the promoter holding structure and changes the shareholding capitalization of Bayer CropScience Limited (BCL).Post-Acquisition Shareholding Details Prior to this transaction, the Acquirer, along with other Persons Acting in...

Aurique Ltd Board Meeting Scheduled to Discuss Q Ended June 30, 2026 Financial Results Aurique Ltd has scheduled a meeting of its Board of Directors for Wednesday, July 15, 2026. The meeting is set to take place at the Company's Corporate Office and includes considerations regarding the unaudited standalone financial results of the company for the quarter ended June 30, 2026.The board agenda also permits consideration of any other matters with the permission of the chair.In relation to insider trading regulations, Aurique Ltd announced that the Trading Window for dealing in the company's securities was closed starting Wednesday, July 01, 2026. The Company stated that the trading window will reopen 48 hours after the declaration of...

Edelweiss Launches High-Octane Index Fund to Capture Surge in Nifty REITs and Realty Market Edelweiss Mutual Fund has officially launched the Edelweiss Nifty REITs & Realty Index Fund, marking a significant entry into the real estate investment space. This new open-ended index fund is designed specifically to replicate and track the performance of the Nifty REITs & Realty Total Return Index.The introduction of this scheme caters to investors seeking long-term capital appreciation aligned with the performance trajectory of India's dynamic real estate market, as outlined in its Scheme Information Document (SID).Investment Strategy and Asset Allocation This fund operates on a strictly passive investment model. The primary objective is...

Privi Speciality Chemicals Strengthens Commitment to ESG with Robust Sustainability Report Privi Speciality Chemicals Ltd., a key player in the global aroma chemicals industry, has detailed its operational scale, market position, and ambitious environmental stewardship initiatives through its Business Responsibility & Sustainability Report for the financial year April 2025-March 2026. The company continues to drive innovation across sustainable manufacturing practices while maintaining strong commitments to corporate governance and workforce welfare.The publicly listed entity, established in 1985 and headquartered in Navi Mumbai, has a paid up capital of INR 39,06,27,060/-. Privi's primary business activity is the manufacturing and...

Surge Frenzy: Sk Hynix’s US Debut Fuels Rush for Leveraged and Inverse ETFs At least ten fund managers have filed registrations to list single-stock exchange traded funds following the confirmation of SK Hynix's upcoming listing in the United States. The intense interest underscores the global market anticipation surrounding the Korean chipmaker as it prepares its debut on the Nasdaq.The massive influx of filings primarily targets leveraged and inverse strategies, tracking SK Hynix’s American Depository Receipts (ADRs). This suggests a highly speculative environment surrounding the company's transition to the international stage.Why The Rush for Leveraged ETFs? SK Hynix is scheduled to commence trading on the Nasdaq on Friday, a...

Aastha Spintex Shares Surge on 5% Upper Circuit as it Acquires Falcon Yarns to Fuel Massive Capacity Expansion Aastha Spintex, an integrated cotton yarn manufacturer based in Gujarat, saw its stock rocket on Friday after announcing a significant acquisition. The company acquired Falcon Yarns, marking a major strategic move aimed at amplifying its market presence and operational scale.The share witnessed a sharp rally, hitting the 5 percent upper circuit. The stock was quoted at Rs 122.89 per share on the NSE, reflecting this substantial gains following the announcement. This positive news contrasts sharply with recent trading trends for the company.Reversal of Downtrend After Major Acquisition Announcement The market reacted...

Debt Avalanche Hits AMFI Data: Debt Schemes Sink Rs 1 Lakh Crore Outflow, Pulling Down Overall Mutual Fund Gains The mutual fund industry recorded a significant net outflow of ₹52,949 crore during June, according to the latest AMFI data. While major categories such as equity funds, hybrid schemes, and Gold ETFs successfully attracted fresh capital, these gains were ultimately insufficient to offset substantial redemptions from the debt segment.The primary driver for this industry-wide downturn was the relentless outflow seen in debt schemes. Investors withdrew a staggering ₹1.09 lakh crore from debt products alone in June, representing more than double the total net outflow recorded across all mutual fund categories during the month...

SBI Life and Axis Max Surge as Premium Collections Pick Up in June; Sector Growth Accelerates The life insurance sector saw a positive uptick in premium collections during June 2026, with private insurers reporting stronger growth, particularly driven by the group business segment. A comprehensive report from Kotak Institutional Equities highlights how individual performance varied among major players amidst rising industry trends.Private Insurers Drive Upward Trend in Premium Collections Overall annualised premium equivalent (APE) growth for the private insurance sector improved significantly, reaching 18% year-on-year (YoY) in June. This represents an improvement from May’s figures and contrasts with the overall industry APE growth...

GST Crisis or Solution? Govt Steps In To Fix Valuation of Corporate Guarantees Amid Cash Flow Woes The government is reportedly planning a significant review of the GST valuation mechanism applied to corporate guarantees. The Central Board of Indirect Taxes and Customs (CBIC) officials are anticipated to issue a circular in the near future aiming to provide relief to industries currently grappling with cash-flow constraints linked to these financial commitments.Businesses across various sectors are facing severe difficulties because they cannot utilize input tax credit (ITC) against the 18 percent GST paid on corporate guarantees. This predicament is acutely felt by companies whose business models involve supplies that are exempt from...

Bank of India Fined Rs 4,27,600 by RBI Over Soiled Note Remittance Issues Bank of India has been penalized by the Reserve Bank of India (RBI) following issues detected during soiled note remittances for the Nagpur Currency Chest. The penalty was imposed for the handling of mutilated, counterfeit, and shortage notes.The monetary penalty levied against the bank is Rs 4,27,600/- (Rupees Four lakh Twenty Seven Thousand Six hundred Only).Bank of India received the direction regarding this action from the Reserve Bank of India on July 9, 2026. The imposition of the fine relates to the violation involving mutilated, counterfeit, and shortages of notes discovered in the soiled note remittances conducted for the Nagpur Currency Chest...

SK Minerals & Additives Ltd Holds Extra-Ordinary General Meeting to Discuss Capital Increase and Warrants Issue SK Minerals & Additives Limited, a manufacturer of advance additives, nutrients, and chemicals, held its 02nd Extraordinary General Meeting (EGM) on Thursday, July 9, 2026. The meeting, conducted via Video Conferencing (VC), provided an opportunity for members to address critical matters related to the company’s future growth strategy and capital structure.The EGM commenced at 11:30 A.M. IST and concluded after the vote of thanks at 11:40 A.M. IST. The Chairman addressed shareholders, highlighting the rapidly evolving specialty chemicals industry in India and international markets. He stated that the company requires both...

Yaap Digital Limited Appoints Jigesh Shah as Chief Financial Officer Yaap Digital Limited, formerly known as Yaap Digital Private Limited, has announced a significant change in its senior finance leadership following decisions made by its Board of Directors. Mr. Shyamal Madhvi voluntarily resigned from the position of Chief Financial Officer (CFO), with effect from July 10, 2026, and will continue to serve as Finance Head at the company.The resignation occurred amidst a period of strategic evolution for the digital marketing domain in which the company operates. The decision was influenced by the evolving business requirements and strategic priorities of Yaap Digital Limited, particularly following the demise of Managing Director Mr...

Happy Square Outsourcing Services Lands Rs 91.41 Lakh Contract from MIDHANI Happy Square Outsourcing Services Limited has secured a new Work Order valued at approximately Rs 91.41 Lakhs from Mishra Dhatu Nigam Limited (MIDHANI). The contract, which is part of the ordinary course of business for White Force, the premium brand of Happy Square, is expected to strengthen the company's order book and generate revenue over its duration.The awarded work order details confirm that the assignment is with a domestic entity, and the services are anticipated to run up until March 31, 2028. The contract terms require the contractor to adhere to all applicable labour laws, including timely payment of statutory dues such as PF and ESI. Payments are...

Radhe Developers India Ltd to Hold Board Meeting on July 17, Discussing Q1 Financial Results and AGM Notice Radhe Developers India Ltd has scheduled a meeting of its Board of Directors for Friday, July 17, 2026. The agenda for the meeting includes reviewing the company's Unaudited Financial Results for the quarter ended on June 30, 2026, among other matters.The planned business for the Board meeting encompasses considering and approving the Unaudited Financial Results of the Company. These results will be reviewed alongside the Limited Review Report prepared by the Statutory Auditor as per regulations.In addition to the financial review, the board is scheduled to approve the Notice of the 32nd Annual General Meeting (AGM) of the...

Rappid Valves Announces Strong Q1 FY27 Performance Amid Increased Order Book and Capacity Upgrades Rappid Valves (India) Limited has released its Business Update for the first quarter (Q1) of the financial year 2026-2027, ending June 30, 2026. The company, a precision-engineered manufacturer specializing in industrial and marine valves, reported strong performance indicators including sales figures and significant order book additions.The update was issued following the correction of an inadvertent error in the earlier business documentation, where the term "Revenue from Operations" was used instead of "Sales." The revision ensures that the company's operations are correctly reflected.Key Business Highlights for Q1 FY27 Rappid...

CARE Reaffirms Rating for KPT Industries as it Navigates Raw Material Volatility and Market Competition KPT Industries Ltd (KPTIL) has received a reaffirmation of ratings for its various bank facilities from CARE Ratings Limited. The rating action reflects the company's stable operational scale and comfortable profitability, alongside adequate debt coverage indicators, despite challenges related to raw material costs and intense industry competition.CARE Ratings maintained the outlook as Stable for KPTIL, recognizing the company's established presence in the electric power tools sector, supported by an experienced management team and a long operational track record of over four decades in the industry.Rating Details and Financial...