Markets

Cosmo First Ltd holds 49th AGM; independent director re-appointment proposed for Arjun Singh Cosmo First Ltd has scheduled its 49th Annual General Meeting (AGM) through video conferencing (VC), and members are required to consider several key corporate resolutions, including the re-appointment of Mr. Arjun Singh as an Independent Director and approval for various remuneration structures.The AGM is set to be held on Wednesday, August 05, 2026, at 3:00 P.M. (IST). The company has also established a record date of July 22, 2026, for the payment of dividends. Shareholders are provided with remote e-voting facilities, which begin on Sunday, August 02, 2026, at 9:00 A.M., and conclude on Tuesday, August 04, 2026, at 5:00 P.M. The cut-off...

SBI Funds IPO GMP Nears 15% Milestone Ahead of Market Debut on July 14 The IPO for SBI Funds Management, one of India's largest asset management firms, is showing strong pre-listing demand as its Grey Market Premium (GMP) nears the 15 percent mark. The company is set to open for subscription on July 14, following a highly anticipated three-day Offer for Sale (OFS).The GMP reflects significant interest ahead of the listing. Unofficially, shares were trading at a premium in the grey market, with estimates varying slightly across tracking platforms. One valuation placed the IPO Watch GMP at Rs 85, indicating a potential listing gain of 14.81 percent. Another estimate by Investorgain pegged the GMP at Rs 86, translating to nearly 15...

Dhanlaxmi Bank Appoints Krishnakumar K as Chief Financial Officer Dhanlaxmi Bank Ltd has announced the appointment of Mr. Krishnakumar K to the role of Chief Financial Officer.The bank confirmed that Mr. Krishnakumar K took charge as the Chief Financial Officer effective July 10, 2026. This appointment updates the operational leadership within the institution.DHANBANK Stock Price Movement Shares of Dhanlaxmi Bank Limited are edging higher to ₹34.07 as of 11:33 AM, gaining 0.53% in live trading. The stock currently trades within its intraday range of ₹33.89 to ₹34.39, supported by a volume of 394,279 shares.

Real Touch Finance Ltd Closes Several Branch Offices as Part of Operational Restructuring Real Touch Finance Ltd has announced the closure of several of its branch offices, effective July 10, 2026. The decision is part of the company's ongoing operational rationalization and business restructuring initiatives aimed at improving overall operational efficiency.The closures concern multiple locations in Tamil Nadu and associated states. These branches have been closed as part of this strategic move by Real Touch Finance Limited.A list detailing the branch names and their corresponding addresses that have been closed includes:Name of the BranchAddress of the BranchAraniNo. 1352A/2, VN Natraj Nagar, Arcot Road, Sevoor Village...

Nelco Ltd Board Meeting Scheduled to Review Q1 2026 Financial Results Nelco Ltd has announced that its Board of Directors will convene to consider and record the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026.The meeting is scheduled to be held on Thursday, July 16, 2026.In adherence to the Company's Code of Conduct for Prevention of Insider Trading, the trading window for dealing in the securities of Nelco Ltd remains closed starting from June 24, 2026. The trading window is set to reopen after a period of 48 hours following the declaration of the financial results to Stock Exchanges.NELCO Stock Price Movement Shares of NELCO Limited are gaining as of 11:29 AM, trading at ₹919.75...

Energy Infrastructure Trust Declares Total Unit Distribution and Return Payments The Board of Directors of EnCap Investment Manager Private Limited, acting as the Investment Manager of Energy Infrastructure Trust, announced a total distribution of Rs. 3.8380 per unit following a meeting held on Friday, July 10, 2026.The declared distribution includes both Return of Capital and Return on Capital components.The breakdown of the per-unit distribution is as follows:ComponentAmount (per Unit)Return of CapitalRs. 2.1371Return on CapitalRs. 1.7009In absolute terms, the Trust has approved a repayment of principal and interest as detailed in the following table:Distribution TypeAmount (INR)Repayment of Principal (Return...

CARE Ratings Reaffirms Bank Facility Credit Ratings for Precision Wires India Ltd Precision Wires India Limited has received a credit rating update from CARE Ratings Limited concerning its bank facilities as of July 09, 2026. The ratings, which reaffirm the status of the company's financing arrangements, cover both short-term and long-term banking facilities.CARE Ratings provided the assessment for Precision Wires India Limited, noting that the ratings were reaffirmed in relation to the various bank facilities extended to the company.The details of the rated facilities, including the amounts and corresponding actions by CARE Ratings, are summarized below:FacilitiesAmount (Rs. In crore)RatingRating ActionLong Term Bank...

Prima Agro Ltd asserts no undisclosed information regarding recent share price movement Prima Agro Ltd has responded to inquiries concerning the significant price movements in its securities on the exchange. The company maintained that it has thoroughly disclosed all material information pertinent to its operations and performance.The company addressed the concerns, stating that it had promptly intimated all events and price sensitive information to the Stock Exchange as required by regulations. Prima Agro Ltd affirmed that it had already provided complete disclosure of all material facts, specifically referencing the Outcome of the Board Meeting held on May 28, 2026.In clarification regarding market fluctuations, Prima Agro Ltd...

Dwarikesh Sugar Industries Achieves Zero Liquid Discharge and Reports Significant Steps in Environmental Stewardship Dwarikesh Sugar Industries Limited (DSIL), a major player in India’s sugar sector, has reported substantial progress across environmental and social parameters for the financial year 2025-26. The company emphasized sustainable operations, resource efficiency, and stakeholder well-being as core tenets of its business conduct, successfully integrating these priorities into its manufacturing processes and supply chain management.DSIL operates three sugar mills and two distillery units in Uttar Pradesh, possessing a combined sugarcane crushing capacity of 21,500 tons per day and an installed co-generation capacity of 94 MW...

Dixon Technologies Set for Growth Surge as Vivo JV PN3 Approval Ignites Earnings Upgrade Emkay Global Financial has significantly revised its outlook on Dixon Technologies, citing the successful approval of the PN3 status for its 51:49 joint venture (JV) with Vivo. This crucial development is expected to substantially boost the company's earnings prospects, prompting an upgrade in revenue forecasts and a hike in the target price.How the Vivo JV Approval Reshapes Dixon’s Outlook The successful attainment of PN3 approval marks a major milestone for Dixon Technologies. Previously, management had guided towards flat smartphone volumes in Fiscal Year 2027 (FY27) compared to FY26. The guaranteed partnership with Vivo through this JV now...

Adani Enterprises Surges 2.5% as Samir Arora’s Helios Bets Big on Group's Energy and AI Potential Adani Enterprises shares saw a significant rise, hitting 2.5% on July 10. The rally was fueled by institutional conviction, particularly from Helios Capital Management, which is aggressively positioning itself to ride the growth of this conglomerate.The Singapore-based asset manager recently bought approximately 770,000 shares of Adani Enterprises Ltd. in the second quarter across three of its funds, according to Bloomberg data. This move underscores confidence in the company's trajectory as it emerges as a proxy for India’s emerging digital and energy landscape.Institutional Conviction Fuels Rally in Adani Group Stocks Samir Arora, the...

Surya Roshni Secures US$ 2.96 Million Export Order for Hot Rolled Tube from North America Surya Roshni Limited has secured an international export order valued at US$ 2.96 million, equivalent to ₹ 28.21 crore. The deal involves the supply of specifically manufactured hot rolled tube to a buyer in North America.The company successfully obtained the contract for providing Lightly oiled, Prime newly produced hot rolled tube (ASTM A500 Grade B/C). The order falls under the international market segment.Key details regarding this export commitment include:ParameterDetailsOrder ValueUS$ 2.96 Million (₹ 28.21 Crore)Market TypeInternationalProductSupply of Lightly oiled, Prime newly produced hot rolled tube ASTM A500 Grade B/C...

Delta Autocorp Accelerates Expansion with New COCO Showroom in Mahuda Delta Autocorp Limited (Deltic) has announced the opening of a new Company-Owned Company-Operated (COCO) showroom in Mahuda, Jharkhand. This addition is intended to strengthen the company's expanding retail footprint and brand visibility across key markets, including Eastern India. The showroom is scheduled to commence operations on July 13, 2026.The new location was established through Deltic’s wholly owned subsidiary, Electrofine Motors Pvt Ltd. By establishing this presence in Mahuda, Deltic continues its calibrated, demand-driven expansion strategy.The addition of the Mahuda showroom comes as a continuation of encouragement from the Company's existing COCO...

Delta Autocorp Accelerates Retail Expansion with New COCO Showroom in Mahuda Delta Autocorp Limited (Deltic) has announced a significant step in its retail footprint expansion, announcing the opening of a new Company-Owned Company-Operated (COCO) showroom in Mahuda, Jharkhand. This move is aimed at strengthening the company's presence and brand visibility across key markets, particularly within Eastern India.The new dealership will be operated through Deltic’s wholly owned subsidiary, Electrofine Motors Pvt Ltd. The showroom is scheduled to commence operations on July 13, 2026. This strategic opening marks another step in Deltic's demand-driven, calibrated expansion strategy across the region.This addition follows the successful...

Steel Strips Wheels Ltd Announces Q1FY27 Results Conference Call Steel Strips Wheels Limited has announced a conference call to discuss its Q1FY27 results. The meeting is scheduled for Thursday, July 16, 2026, at 10:00 hr India Time.The event, hosted by ICICI Securities Limited, is intended for all investors and the general public.The company will be represented during the conference call by its senior management team. Presenting at the meeting are Mr. Dheeraj Garg, Managing Director, Mr. Rahul Kumar, Chief Financial Officer, Mr. Aditya Dixit, Executive Director, International Marketing & Operations, and Mr. Pranav Jain, Vice President (Finance).Key details regarding the Q1FY27 Results Conference Call of Steel Strips Wheels Ltd...

Shah Family Spends Nearly ₹180 Crore on Four Worli Flats as Luxury Real Estate Deals Surge Amid Market Flux A landmark real estate transaction has come to light involving the family of Bharat Shah, the former director of ASK Wealth and Asset Management group. The family purchased four luxury apartments in Mumbai's sought-after Worli micro-market, amounting to a total cost of nearly ₹180 crore. This deal stands out as one of the largest residential acquisitions recorded this year.Details of the Kalpataru One Acquisition The purchase was made by Preeti Shah and Kinnari Shah, Bharat Shah's wife and daughter respectively. They secured their apartments on the 34th and 35th floors of the flagship Kalpataru One project. This property is...

Tatva Chintan Pharma Chem Ltd to Hold Board Meeting for Quarterly Financial Results ApprovalTatva Chintan Pharma Chem Limited announced that its Board of Directors meeting is scheduled for Friday, July 17, 2026. The meeting aims to consider and approve the Standalone and Consolidated Unaudited Financial Results of the company for the quarter that ended June 30, 2026.In addition to the board agenda, the company has also addressed trading restrictions regarding its equity shares. In adherence to its Code of Conduct for Prohibition of Insider Trading, Tatva Chintan Pharma Chem Limited intimated designated persons about the closure of the Trading Window. The window is set to close starting from July 01, 2026, and will remain closed...

Steel Strips Wheels Ltd Announces Q1FY27 Results Conference Call Steel Strips Wheels Ltd has scheduled its conference call to present the results for the first quarter of the financial year 2027 (Q1FY27). The event is set to be held on Thursday, July 16, 2026, at 10:00 a.m. India Time.The company's Q1FY27 Results Conference Call will be hosted by ICICI Securities Limited and will be conducted virtually via Audio Conference Call. The audience for the event includes all investors and the general public.Representing Steel Strips Wheels Ltd at the conference call are key management personnel, including Mr. Dheeraj Garg, Managing Director; Mr. Rahul Kumar, Chief Financial Officer; Mr. Aditya Dixit, Executive Director of International...

Deccan Polypacks Ltd To Hold Board Meeting To Review Quarterly Results and AGM PlansDeccan Polypacks Ltd has scheduled a Board Meeting for Friday, July 16, 2026, at its registered office in Hyderabad. The meeting is set to take place at 2:00 P.M. and is designated to address several key aspects of the company's recent operations and upcoming shareholder events.The agenda for the Board Meeting includes the consideration and adoption of the Unaudited Financial results for the Quarter ended June 30, 2026. Furthermore, the meeting will approve the notice for the 42nd Annual General Meeting (AGM). This approval extends to the Directors' report, as well as fixing the date, place, and time for conducting the AGM.In terms of governance...

JBM Electric Vehicles Launches Next Generation 'GALAXY' Luxury Coach JBM Electric Vehicles (JBM EV), a part of the global Indian conglomerate JBM Group, has launched its next generation 'GALAXY' electric luxury coach. The launch took place at Prawaas 5.0 in Gandhinagar and was conducted by Shri Nitin Gadkari, Hon'ble Union Minister of Transport & Highways.The new 'GALAXY' coach is designed specifically for premium inter-city travel, aiming to provide enhanced convenience and a higher earning potential for operators. It boasts the highest seating capacity within its segment combined with the greatest luggage space, setting it apart in the competitive landscape.Coach Configurations and Features JBM GALAXY is available in several...