Markets

Regulatory Shift: Govt Exempts GIFT City Firms from DGMA Licence, Boosting International Shipping Freedom Ministry Decision Simplifies Leasing of Foreign Vessels The central government has taken a significant regulatory step by exempting firms based in the Gujarat International Finance Tec-City (GIFT) from obtaining a license from the Directorate General of Maritime Administration (DGMA). This decision pertains specifically to the leasing of foreign vessels.A gazette notification issued by the shipping ministry confirmed this exemption. The ministry stated that, pursuant to Section 37 of the Coastal Shipping Act, 2025, foreign vessels chartered by units established in GIFT, Gandhinagar, Gujarat, are now exempted from the licensing...

RBI Unveils Key Monetary Metrics: Reserve Money and Money Supply Figures Released for Fortnight Ending June 30, 2026 The Reserve Bank of India (RBI) has today released vital data concerning Reserve Money and Money Supply. These figures provide a detailed snapshot of monetary movements within the economy during the fortnight that concluded on June 30, 2026.This release is critical for stakeholders seeking to understand liquidity dynamics and the overall flow of money in the financial system. The RBI's commitment to timely disclosure ensures transparency regarding key indicators that measure economic health.Understanding Reserve Money Metrics The data encompasses a comprehensive look at Reserve Money movements for the specified...

Rupee Struggles Against Dollar as Geopolitical Fire Ignites Market Volatility Currency Dynamics and Foreign Exchange Movement The rupee appreciated slightly by 7 paise to close at 95.41 (provisional) against the US dollar on Thursday. This movement occurred despite pressure from a strengthening greenback and firming crude oil prices globally. The currency traded in a range between 95.58 and 95.28 during the day, having opened lower by 4 paise at 95.52.The rupee had seen a decline of 52 paise to close at 95.48 against the dollar on Wednesday. Analysts suggest that suspected intervention by the RBI provided necessary support to the local currency. This was compounded by dollar selling observed from state-run lenders in the market...

Mahan Industries Ltd Schedules Board Meeting to Discuss Fundraising Proposal Mahan Industries Limited has announced that a meeting of its Board of Directors is scheduled for Tuesday, July 14, 2026. The meeting will be held at the Company's Registered Office and is set to address key proposals related to augmenting the company's financial resources.The primary agenda item includes evaluating a proposal for raising funds through the issuance of equity Shares or Convertible Equity Warrants, or through any other method permissible by the Board. This initiative is subject to necessary regulatory and statutory approvals, including required shareholder approval.In addition to the fundraising evaluation, the board meeting will cover any...

Aqylon Nexus Board Approves Action Plan on Proposal of 51% Stake Sale Aqylon Nexus Ltd., formerly Sri Adhikari Brothers Television Network Limited, announced that its Board of Directors has addressed a proposal regarding the acquisition of a majority stake in the company. The directors authorized immediate steps to conduct valuation and due diligence concerning the proposed transaction.During a meeting held on Thursday, July 9, 2026, the Board acknowledged a proposal received from M/s E Trav Tech Limited. This proposal indicated an intention by E Trav Tech Limited to sell 51% or more of Aqylon Nexus’s paid-up share capital.In response to this potential transaction, the Board authorized one of its Directors to execute all necessary...

Daikaffil Chemicals Announces Board Meeting to Approve Revised Financial Results for FY26 Daikaffil Chemicals India Ltd has scheduled a meeting of its Board of Directors for Tuesday, July 14, 2026. The primary agenda item for the meeting is the review and approval of the company's Revised Financial Results for the quarter and year ending March 31, 2026.The revision to the financial results is limited solely to the incorporation of the Consolidated Cash Flow Statement, which will be considered alongside the Statutory Auditors' Report.In addition to reviewing the revised financials, the Board meeting is set to review a notice received from BSE Limited concerning the non-submission of the Consolidated Cash Flow Statement, as per SEBI...

India's IPO Engine: Listed New-Age Firms Set to Surge Towards $1 Trillion Market Cap by 2030 A major report indicates that India's rapidly evolving new-age corporate ecosystem is poised for monumental growth, with listed firms potentially reaching a $1 trillion market capitalization by 2030. This massive projection is underpinned by the robust pipeline of companies currently preparing to transition onto public markets, according to data released by strategy consulting firm Redseer.The Redseer India IPO Report: 2026 provides insight into this domestic capital boom. The report assessed 1,400 firms and noted that approximately 210 new-age companies are positioned to go through an Initial Public Offering (IPO) within the next two years...

Sammaan Capital Limited Pays Interest on Secured Non-Convertible Debentures Sammaan Capital Limited has confirmed the timely payment of interest amounts relating to its Secured Redeemable Non-Convertible Debentures (NRCDs). The company completed these payments for various tranches listed on the stock exchanges.The company provided details concerning the servicing of its debentures, noting that full interest amounts were paid across all specified issues. These instruments are part of a Public Issue issued by Sammaan Capital Limited.Details regarding the payments made to investors are as follows:Sr. NoISINIssue Size (INR lacs)Interest Amount Due (INR lacs)FrequencyActual Amount Paid (INR lacs)Payment Record DateDue DateActual...

Bhatia Communications Reports Temporary Operations Disruption Due to Flooding in Surat Bhatia Communications & Retail (India) Ltd has reported a temporary disruption of operations at its facilities due to severe urban flooding in the Surat region. The operational impact follows continuous and unprecedented torrential rainfall that resulted in widespread inundation across the city, impacting company premises.The affected locations include Shop No. 201 to 205 on the First Floor of Bhatia Complex near Sosyo Circle in Bamroli, along with its basement warehouse at the same premise. Additionally, operations were impacted at Poddar Arcade, encompassing Shop No. 242 to 243 in Khand Bazar, Varachha, Surat.The floodwaters that entered the...

Rishabh Instruments Details Operations and ESG Commitments in FY25-26, Highlighting Energy Efficiency and Waste Management Rishabh Instruments Limited, established in 1982, has released its Business Responsibility and Sustainability Report for the Financial Year 2025-26. The report outlines the company's operational scale, commitment to ESG (Environmental, Social, Governance) principles, and adherence to industry standards through a detailed review of its practices across various sectors.The company operates nationally with two plants and eight offices, serving 6 states. Its business portfolio is focused entirely on manufacturing industrial equipment, including electrical automation devices such as transducers, isolators, temperature...

Laurus Labs Ltd to Hold Board Meeting on July 24, 2026, to Approve Q1 Results Laurus Labs Ltd has announced that its Board of Directors will convene a meeting on Friday, July 24, 2026. The primary agenda item for the gathering is the consideration and approval of the un-audited financial results for the quarter ending June 30, 2026.In addition to the scheduled board meeting regarding the quarterly financials, the company also provided an update concerning the trading window for designated persons and their immediate relatives. The trading window has been closed since Wednesday, July 01, 2026.The closure period is scheduled to continue until Sunday, July 26, 2026, covering both days inclusive. This information relates specifically to...

United Breweries Limited Announces AGM and Recommends Dividend for FY 2025-26 United Breweries Limited has announced that its 27th Annual General Meeting (AGM) will be held on Wednesday, August 12, 2026. The meeting will take place exclusively through a Video Conference (VC) or Other Audio-Visual Means (OAVM), without the physical presence of members.The AGM notice and the Annual Report for the financial year 2025-26 are available on the company website, as well as on the websites of Central Depository Services (India) Limited (CDSL), BSE Ltd., and National Stock Exchange of India Limited (NSE). Shareholders whose email addresses are registered with the company or their Depository Participants will receive the official notice.The...

Jash Engineering Limited Reports Rs 912 Cr Consolidated Order Book Position as of July 1, 2026 Jash Engineering Limited provided updates on its order intake and consolidated order book position in June and early July 2026. The company reported a total consolidated order book value of Rs 912 crore as of the beginning of July 2026, with significant business concentrated in international markets.For the month of June 2026, Jash Engineering secured consolidated orders worth Rs 91 crore. This intake comprised Rs 40 crore from the domestic Indian market and Rs 51 crore from markets outside India.Key contributors to the June order booking included Laxmi Civil Engineering Services Pvt Ltd. in Nagpur, along with VA Tech Wabag and Mirzapur...

Shir Sagar Pandey Appointed as Additional Director of Mipco Seamless Rings Gujarat Ltd Mipco Seamless Rings Gujarat Ltd has appointed Mr. Shir Sagar Pandey as an Additional Director (Non-Executive & Professional). The appointment was approved by the Board of Directors following a meeting held on July 9, 2026.The company's Nomination and Remuneration Committee recommended the appointment, which grants Mr. Pandey the role effective from July 9, 2026. As an Additional Director, he is set to hold office until the ensuing Annual General Meeting of the Company.The appointment details were disclosed following the Board meeting, during which the board considered and approved the changes.Professional Background of the New Director Mr. Shir...

Can Fin Homes Ltd Board Meeting Scheduled to Discuss Q1 Financial Results; Insider Trading Window Remains Closed Can Fin Homes Ltd has scheduled a meeting of its Board of Directors to review and approve the company's Un-Audited Standalone Financial Results for the first quarter ended June 30, 2026.The Board meeting is set to take place on Saturday, July 18, 2026. During the meeting, the board members are scheduled to consider and approve the financial results along with the Limited Review report corresponding to the specified period.In separate news concerning market activity, the company confirmed that the trading window for its equity shares has been closed since July 01, 2026. This restriction remains in place until July 20, 2026...

Inspire Films Limited Receives Certification of Securities for Quarter Ending June 30, 2026 Inspire Films Limited has received a certificate from Maashita Securities Private Ltd, its Registrar and Share Transfer Agent, detailing the status of securities for the quarter ending June 30, 2026. The document covers the handling of share certificates related to Inspire Films Limited during this period.The certification confirms that the securities received from depository participants have been listed on stock exchanges (where applicable). Additionally, Maashita Securities Pvt Ltd confirmed that security certificates received for dematerialization were cancelled after due verification by the depository participant. Furthermore, the names of...

Gujarat Hotels Ltd Approves Q3 Unaudited Results and Declares Final Dividend Gujarat Hotels Ltd announced that its Board of Directors approved the Unaudited Financial Results for the Quarter ended June 30, 2026. The company also set key dates for its upcoming Annual General Meeting (AGM) and declared a final dividend for the financial year ending March 31, 2026.The Board meeting, held on July 9, 2026, approved the results of the company. Additionally, the Directors noted the Limited Review Report provided by Statutory Auditors, K C Mehta & Co LLP, regarding the aforementioned Unaudited Financial Results.Dividend and AGM Details In addition to the financial approvals, the Board meeting approved the convocation of the 44th Annual...

AWL Agri Business Backs Regenerative Mustard Programme Expansion Following Up To 30% Higher Yields AWL Agri Business Limited, a leading name in India's food and FMCG sector, has strongly endorsed the expansion of the Solvent Extractors' Association of India (SEA) Regenerative Mustard Model Farm Programme. This endorsement comes after the program successfully demonstrated significant yield improvements across various demonstration farms during the 2025-26 Rabi season, confirming regenerative agriculture's potential to bolster farm productivity and soil health.The initiative, which was led by SEA, involved initial demonstrations covering 3,000 plots in Rajasthan, Madhya Pradesh, and Haryana. AWL Agri Business participated as a lead...

GTPL Hathway Schedules Investor Conference Call to Discuss Q1FY27 Financial Results GTPL Hathway Limited announced plans to hold a conference call for investors and analysts to discuss the financial results for the quarter ended June 30, 2026. The event is organized by EMKAY GLOBAL FINANCIAL SERVICES LTD. and is scheduled for Thursday, July 16, 2026, at 4:00 p.m. (IST).The conference call will provide stakeholders an opportunity to engage with the company's leadership team as they review the performance metrics for the first quarter of fiscal year 2027.A management panel attending the discussion includes Mr Piyush Pankaj, Business Head B2B (CATV and Broadband), Mr Anirudhsinh Jadeja, Promoter and Managing Director, and Mr Saurav...

PC Jeweller Achieves Milestone in Debt Reduction, Repaying Debts to Multiple Banks PC Jeweller Ltd has made significant progress toward achieving a debt-free status by successfully clearing and repaying outstanding debts owed to multiple consortium banks. The company announced that it repaid all outstanding debt to one additional bank under the terms of a Settlement Agreement dated September 30, 2024.This move marks a substantial step in managing the company's financial obligations. PC Jeweller Ltd is working towards achieving complete debt-free status within the current quarter.The successful repayment solidifies the company’s efforts to restructure and stabilize its finances. As of the latest update, the company has now cleared...