Markets

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...

Simplex Papers Announces 32nd Annual General Meeting and Releases FY 2025-26 Annual Report Simplex Papers Ltd has scheduled its 32nd Annual General Meeting (AGM) for shareholders and made available the Annual Report covering the financial year 2025-2026. The meeting is set to be held on Tuesday, August 4, 2026, at 12:00 P.M., utilizing a Video Conferencing facility or other audio visual means (OAVM).The Annual Report for FY 2025-2026 is available online, providing shareholders with access to the company's full report details. The material can be accessed via the corporate website at https://simplex-group.com or through the specific link: https://simplex-group.com/simplexupdate/PapersLtd/ANNUAL REPORT/SPLAR2025-26.pdfIn addition to...

E&E Enterprises Ltd Reappoints Key Non-Executive Director and Statutory Auditors E & E Enterprises Limited, formerly known as The Swastik Safe Deposit and Investments Limited, announced a major corporate decision following its Board meeting on July 10, 2026. The Board approved the re-appointment of Mr. Snehal Parikh as a Non-Executive Independent Director and M/s. K. K. Birla & Co., Chartered Accountants, Mumbai as Statutory Auditors for both entities.The decision to reappoint Mr. Snehal Parikh reflects his extensive experience in corporate management. The Board recommended the individual for a second term of five years, effective from December 30, 2026. Mr. Parikh holds a Master of Business Administration (Finance) degree and...

Allcargo Logistics Confirms Securities Dematerialization Status for Quarter Ending June 30, 2026Allcargo Logistics Ltd has confirmed details regarding its securities dematerialization process for the quarter ending June 30, 2026. The company received a confirmation certificate from MUFG Intime India Private Limited (formerly Link Intime India Private Limited), the Registrar and Share Transfer Agent.The certificate confirms that the securities received from depository participants for dematerialization during the specified quarter were accepted by Allcargo Logistics and confirmed to the depositories. Furthermore, it verifies that these shares are listed on all stock exchanges where they were originally issued.MUFG Intime India...

Indegene Ltd Board Meeting Scheduled to Discuss Q1 Results and ESOP Allotment Indegene Ltd has scheduled a meeting of its Board of Directors for Thursday, July 30, 2026. The primary purpose of the meeting is to review and approve the unaudited financial results for the quarter ended June 30, 2026, along with critical updates regarding employee stock incentive schemes.The agenda items set for consideration include the company’s unaudited consolidated financial results as per Indian Accounting Standards (INDAS). The meeting will also review the unaudited standalone financial results of Indegene Ltd, both supported by a limited review report from the Auditors.In addition to the financial reviews, the Board is slated to address...

Pidilite Industries Confirms Tax Penalty of Rs 34,65,813 After Appeal Order Pidilite Industries Limited has confirmed a penalty amount following an appeal order received from the Additional Commissioner (Appeals), CGST Patna. The decision pertains to tax matters related to the Financial Year 2017-18.The company has been informed of the adverse finding which confirms a penalty of Rs 34,65,813/-. This penalty was originally imposed under the Central Goods and Service Tax Act, 2017, as detailed in an Order in Original dated November 22, 2023.Pidilite Industries is currently reviewing the appealable order received on July 8, 2026. The company stated that it is evaluating its next steps and intends to assess the opportunity to exercise...

Nikhil Nirvan Khattau Resigns as Non-Executive, Non-Independent Director of Kaya Ltd Kaya Ltd has announced the resignation of Mr. Nikhil Nirvan Khattau from his role as a Non-Executive, Non-Independent Director of the company. The departure is attributed to personal commitments and pre-occupations.Mr. Khattau's resignation means that he will also cease to be a member of the Audit Committee, Risk Management Committee, and Stakeholders' Relationship Committee of Kaya Ltd. This change in directorship is effective from the close of business hours on July 31, 2026.The company confirmed that there is no material reason for his resignation other than the reasons stated.Key details regarding the director change are summarized below...

NBCC Subsidiary Wins Rs 158.95 Cr in Work Orders for Odisha Education Projects Hindustan Steelworks Construction Limited (HSCL), a subsidiary of NBCC (India) Limited, has secured several work orders totaling approximately Rs 158.95 Crore from various clients for educational construction projects across Odisha. The contracts represent routine business activities for the company.The awarded works include project management consultancy on a deposit work basis. These contracts involve multiple key locations and clients, focusing on large-scale educational campus development.Key project details secured by HSCL are summarized in the table below:Project NameClient NameLocation / FocusApproximate Value (Rs Cr)Construction of Mega...

Sinnar Bidi Udyog Ltd Board Addresses Fine Levied by BSE Over Compliance Delay Sinnar Bidi Udyog Limited held a Board of Directors meeting on July 10, 2026, to address compliance matters related to the timely submission of documents to the Stock Exchange. The company reviewed the non-compliance issues raised concerning its reporting obligations for the quarter and year ended March 31, 2026.The Board deliberated on correspondence received regarding the levy of a fine stemming from a delay in providing prior intimation about the board meeting held on May 29, 2026. The Board found that the delay in submitting the agenda item relating to the consideration and approval of the audited financial results (both Standalone and Consolidated) was...

Knowledge Realty Trust holds First Annual Meeting; Details portfolio performance, approves key resolutions Knowledge Realty Trust held its First Annual Meeting (AM) on July 10, 2026, conducting the session through Video Conferencing and Other Audio-Visual Means. The meeting saw a turnout of 72 Unitholders who participated virtually or through authorized representatives.During the AM, Mr. Shirish Godbole, Chief Executive Officer of the Manager to KRT, presented an extensive overview of the Trust's portfolio, business, and financial performance for FY26. He detailed that the portfolio comprises high-quality assets spread across six cities in India, possessing a total leasable area of 46 msf.The Gross Asset Value (GAV) of Knowledge...

Duke Offshore Limited Announces Board Meeting to Review Unaudited Financial Results Duke Offshore Limited has scheduled a meeting of its Board of Directors to review the company's operational and financial performance for the recently concluded quarter.The Board meeting is slated for Friday, July 17, 2026, starting at 11:00 A.M. The primary business item on the agenda is the consideration and recording of the Unaudited Financial Results of the Company for the Quarter Ended on June 30, 2026.The meeting will address the financial outcomes associated with this period.Stock Price Movement As of 10:14, Duke Offshore Ltd. is edging higher, trading at ₹28.52, which reflects a 1.97% gain for shares. The stock remains completely flat in...

Satin Creditcare Network Details Key Operational Metrics and ESG Commitment in Financial Year 2025-26 Satin Creditcare Network Limited, a major player in microfinance services, has reported key operational and sustainability indicators for the financial year (FY) 2025-26. The company maintains a strong focus on digital transformation, social impact, and responsible lending practices as part of its commitment to ethical business conduct.The institution, incorporated on October 16, 1990, reported a paid-up capital of INR 1,10,47,09,650. With microfinance services accounting for 86.63% of the entity's turnover, Satin Creditcare serves a vast network across 30 states.Client Base and Operational Strength The company reports serving over...

Waterways Leisure Tourism Approves Share Split to Boost Market Liquidity and Affordability The Board of Directors of Waterways Leisure Tourism Limited (formerly known as Waterways Leisure Tourism Private Limited) has approved a proposal for the sub-division of its equity shares. This move is intended to enhance liquidity, increase trading volumes, and make the company's stock more accessible to a broader investor base.The split involves converting existing fully paid-up equity shares with a face value of Rs. 10 each into ten equity shares, each having a face value of Re. 1/- (Rupee One only). The sub-division does not affect the overall capital structure or intrinsic value of the company, according to the rationale provided by the...

Bank of Maharashtra Reports Strong Q1 FY27 Results with Net Profit Surging 26.84% Bank of Maharashtra has reported a period of sustained growth in its first quarter of fiscal year 2027, driven by robust advances and improving profitability metrics. The bank’s Total Global Business grew by 19.10%, while Net Profit saw a notable increase of 26.84%.The financial results for the quarter ended June 30, 2026, show strong momentum across various operational areas. Total Global Business reached ₹6,50,457 crore, marking a 19.10% growth compared to the previous year. This was supported by Total Global Deposits increasing by 12.93% to ₹3,44,493 crore. Gross Global Advances expanded significantly, growing by 26.90% and reaching ₹3,05,964 crore...

India Ratings Withdraws Credit Rating for Waaree Renewable Technologies Ltd's Bank Loans Waaree Renewable Technologies Limited has been informed that India Ratings & Research Private Limited has withdrawn the credit rating assigned to its bank loan facilities. The details of this rating action relate to the company's banking exposure amounting to INR 258 million.India Ratings withdrew the rating for the specified facility, according to information received by Waaree Renewable Technologies Limited on July 10, 2026.The withdrawal concerns Bank Loan Facilities extended to the company. The details of the instrument and the rating status are summarized below:FacilityAmount (in Millions)Rating ActionBank Loan FacilitiesINR...

Bank Nifty Surges Past 58,000 as PSU Banks Lead Rally; Traders Eye Path to 60K Mark The Bank Nifty index broke through the crucial 58,000 resistance level on Friday, continuing its recovery streak for a second consecutive session. A broad-based rally across both private and public sector lending institutions fueled this ascent. Analysts suggest that maintaining momentum above this key threshold could signal potential for significantly higher gains.PSU Bank Dominance Fuels Index Rise The banking index gained up to 1.75 percent, hitting an intraday peak of 58,251.95 before settling at 58,100 by 2:05 pm. This robust performance surpassed the broader market momentum, as the Sensex climbed almost 1 percent. The rally was partly supported...

Anzen India Energy Yield Plus Trust Reports Unitholding Pattern as of June 30, 2026 The unitholding pattern for Anzen India Energy Yield Plus Trust (ANZEN) has been released detailing the distribution and ownership across various investor categories as of June 30, 2026. The report specifies the total outstanding units at 33,60,62,900, showing a breakdown between sponsor holdings and public investment.According to the report, the Sponsor Group holds 8,03,44,000 units, constituting 23.91% of the total outstanding units. Within the Sponsor group, the Alternative Investment Fund accounts for the entirety of this holding at 8,03,44,000 units (100%).The remainder of the trust's units are held by the public sector and investors, totaling...