Markets

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Bank Loans Waaree Renewable Technologies Limited has been informed that India Ratings & Research Private Limited has withdrawn the credit rating assigned to its bank loan facilities.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...

Anzen India Energy Yield Plus Trust Releases Unitholding Pattern for Q1 FY27 The unitholding pattern of Anzen India Energy Yield Plus Trust (ANZEN) has been reported, detailing holding distributions for the quarter ended June 30, 2026. The report confirms that the total outstanding units of the trust stand at 33,60,62,900.The holding structure shows a majority stake held by the public sector. As per the data, the Sponsor and Sponsor Group hold 8,03,44,000 units, representing 23.91% of the total outstanding units.In contrast, the Public Holding accounts for 25,57,18,900 units, making up 76.09% of the trust's unit base. This public holding is derived from various categories including Institutions and Non-Institutions.Key details...

QGO Finance Ltd Allots 400 Secured Non-Convertible Debentures worth Rs 2 Crore QGO Finance Ltd has announced the allotment of Transferable Secured Non-Convertible Debentures (NCDs) as part of a private placement. The company allotted 400 NCDs, aggregating to a total issue size of Rs 2,00,00,000/- (Rupees Two Crores Only).The issuance was completed on July 10, 2026. These unsecured debentures are intended for eligible investors and are not proposed for listing on any stock exchange.NCD Details and Terms The newly issued securities are defined as Secured, Unlisted, Redeemable Non-Convertible Debentures (NCDs). The total allotment size matched the issue size, both standing at Rs 2,00,00,000/-.Key financial and operational terms...

Balod's Jan Bhagidari Model Surges Water Security, Creating 2.84 Lakh Conservation Assets Under #CatchTheRain Balod District Sets Benchmark for Rural Water Resilience Through JSJB 2.0 Balod district in Chhattisgarh has emerged as a prime example of community-driven resource management, significantly amplifying the momentum of the national #CatchTheRain movement. Responding directly to Prime Minister Shri Narendra Modi's appeal during Mann Ki Baat, the local administration and Gram Panchayats have successfully mobilized residents into proactive water conservation under the Jal Sanchay Jan Bhagidari (JSJB) 2.0 initiative.Active engagement from local communities has allowed Balod to execute a diverse range of rainwater harvesting and...

Ace Integrated Solutions Limited Reappoints Rajeev Ranjan Sarkari as Chief Executive Officer Ace Integrated Solutions Limited announced that its Board of Directors approved the re-appointment of Mr. Rajeev Ranjan Sarkari as the company's Chief Executive Officer (CEO). The decision was ratified during a board meeting held on July 10, 2026.The appointment details provided in the disclosure state that Mr. Sarkari has been reappointed to the role of CEO effective from April 21, 2026.Mr. Rajeev Ranjan Sarkari brings extensive experience and expertise to the position. He is described as a seasoned business leader with over 20 years of experience spanning corporate governance, IT infrastructure, project management, business development...

Midcap Market Surges Above Record High as Indian Bank and Kalyan Jewellers Drive Rally Nifty Midcap 100 Climbs to New Peak Amid Sectoral Strength The Nifty Midcap 100 index witnessed a significant rally, breaching fresh record highs on July 10. The index closed trading over 1% higher in the afternoon session, reaching 62,890.85 at 2:10 pm, after peaking intraday at 62,950.05.This robust performance was significantly propelled by gains seen in key stocks, including Indian Bank and Kalyan Jewellers, which featured prominently among the top performers on the Midcap index. The overall upward momentum suggests strong investor confidence across various sectors represented within the index.Indian Bank Posts Stellar Results Boosting Market...

Non-Executive Independent Director Resigns from Vasa Denticity Limited Vasa Denticity Limited announced the resignation of Mr. Ravi Parmeshwar, a Non-Executive Independent Director, stating that the departure was due to pursuing professional opportunities. The resignation is scheduled to become effective from August 7, 2026.The company confirmed receiving the notice of resignation from Mr. Parmeshwar on July 10, 2026. According to the details provided by Vasa Denticity Limited, Mr. Ravi Parmeshwar (DIN: 05216282) has tendered his resignation from the office of Director due to personal reasons.The company stated that there are no other material reasons concerning the change besides those detailed in the resignation letter...

IFB Agro Industries Announces Board Meeting to Review Q1 2026 Financial Results IFB Agro Industries Ltd has scheduled a Board meeting to review the Unaudited Financial Results of the company for the quarter ended June 30, 2026. The meeting is set to be held on Monday, July 27, 2026.The purpose of the board meeting is to consider and formally take on record the Unaudited Financial Results, which cover both the standalone and consolidated figures for the quarter.This scheduled event provides shareholders and stakeholders an opportunity to note the company's financial performance as reported for the period ending June 30, 2026.IFBAGRO Stock Price Movement Shares of IFB Agro Industries Limited are edging higher to ₹945 as of 2:24 PM...

President of India Sells Equity Shares of Cochin Shipyard Ltd in Offer for Sale Cochin Shipyard Limited reported that The President of India, acting through the Ministry of Ports, Shipping and Waterways, Government of India (the Promoter), sold equity shares via an offer for sale through the stock exchange mechanism.The transaction involved the sale of 1,20,49,170 equity shares of Cochin Shipyard Limited over two days, specifically on July 07 and July 08, 2026. The total value aggregated from this sale amounted to Rs. 1.133.28 Crores.The stock exchange mechanism executed the sales through both BSE Limited and National Stock Exchange of India Ltd (NSE).The transaction details provided show a notable shift in the Promoter's holdings...

Indian Railways Commits ₹175 Crore to Bolster Locomotive Fleet in Raipur, Powering Future Rail Expansion Indian Railways has made a significant strategic move to bolster its maintenance capabilities and support the growing electric locomotive fleet across the network. A dedicated project worth ₹175 crore has been formally approved for the creation of additional homing facilities at the High Horse Power (HHP) Diesel Shed in Raipur, operating under the South East Central Railway (SECR).This infrastructure augmentation is critical to ensuring the operational efficiency and sustained capacity of Indian Railways as it expands its network operations. The investment directly targets the specialized needs of three phase electric locomotives...

Shardul Securities Limited Approves Q1 Unaudited Financial Results; Profitability Reported Across Group Entities Shardul Securities Limited (SSL) announced the approval of its unaudited Standalone and Consolidated financial results for the quarter ending June 30, 2026. The Board of Directors held a meeting on July 10, 2026, where the financial outcomes were transacted following review by the Audit Committee.The company released the Q1 results, which have been subjected to a limited review report by independent auditors (Akkad Mehta & Co LLP) for both standalone and consolidated statements.Standalone Financial Performance SSL reported strong performance in its unaudited standalone financial results for the quarter ended June 30...

Indian Railways Accelerates Safety Blitz: ₹206 Crore Kavach 4.0 Deployment Set to Revolutionize Northern Rail Corridors Indigenous Technology Bolsters Railway Safety as Kavach 4.0 Gets Key Approval Indian Railways has taken a monumental step in fortifying its indigenous security infrastructure by approving the deployment of Kavach Version 4.0. This critical upgrade is slated for implementation across 680 Route Kilometres (RKm) on vital sections of Delhi Division's Northern Railway, specifically focusing on the Rewari-Delhi and Shakurbasti-Bathinda stretches.The total project cost associated with this major safety enhancement initiative has been approved at ₹206 crore. This deployment represents a significant stride in expanding...

Shardul Securities Ltd Reports Q2 FY26 Unaudited Results; Shows Profitability in Both Standalone and Consolidated Segments Shardul Securities Limited announced that its Board of Directors approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Company's statutory auditors conducted a limited review of these interim results.The Board meeting, held on July 10, 2026, reviewed both sets of results following their assessment by the Audit Committee. The results reflect operations for the quarter ended June 30, 2026.Standalone Financial Results (Shardul Securities Limited) Shardul Securities Ltd reported strong performance in its standalone segment during the quarter. Key figures...

Supreme Appellate Tribunal Allows Appeal on Open Offer Pertaining to TruCap Finance Ltd The appeal concerning the open offer made by Marwadi Chandarana Intermediaries Brokers Private Limited (the Acquirer) to the shareholders of TruCap Finance Limited (the Target Company) has been allowed by the Hon'ble SAT.The matter was heard before the Tribunal on July 08, 2026. In a key ruling, the Hon'ble SAT set aside the direction issued by SEBI in its communication dated January 30, 2026, along with an earlier communication from SEBI dated October 27, 2025.Following the decision, the matter has been remanded back to SEBI for passing a speaking order. This update provides further information on the progress of the open offer process involving...

Sarthak Metals Appoints New Independent Woman Director and Approves AGM Details Sarthak Metals Limited announced several significant governance and operational decisions following its Board meeting held on July 10, 2026. The company appointed Mrs. Ushasree Bhagavatula as an additional Independent Woman Director and finalized key details regarding its forthcoming 31st Annual General Meeting (AGM).The Board reviewed and approved the draft Notice for the 31st AGM, along with the Directors' Report and all associated annexures for the financial year ended March 31, 2026. The company confirmed that the 31st AGM is scheduled to be held on Tuesday, August 18, 2026.In preparation for the Annual General Meeting, the Board set August 11, 2026...

Credit Rating Revision: Investment & Precision Castings Ltd Sees Upgrades Amid Operational Growth and Financial StabilityInvestment & Precision Castings Limited (IPCL) has received a credit rating revision from CARE Rating Limited, reflecting improvements in its operational performance and financial stability. The ratings were revised based on an assessment of the company's growth trajectory, profitability enhancement, and debt coverage indicators.The rating actions cover various long-term and short-term bank facilities granted to IPCL, with specific enhancements noted across different facility types.<table> <thead> <tr> <th>Facilities</th> <th>Amount (Rs. Cr)</th> <th>Rating</th> <th>Rating Action</th> </tr> </thead> <tbody> <tr>...