Markets

Shree Vasu Logistics Limited to List Equity Shares on BSE Main Board Shree Vasu Logistics Limited has approved a proposal to list and trade its equity shares on the Main Board of the Bombay Stock Exchange (BSE). The move comes in addition to the company's existing listing on the Main Board of the National Stock Exchange of India (NSE).The decision was formalized during a Board of Directors meeting held on July 16, 2026. The company confirmed that the issued, subscribed, and paid-up share capital will remain unchanged following this secondary listing. Furthermore, the company stated that no fresh issue of equity shares is proposed in connection with the listing on the BSE.The completion of the listing on the BSE remains subject to...

CRISIL Upgrades Long-Term Rating for Vedanta Limited CRISIL Ratings Limited has upgraded the long-term rating of Vedanta Limited and reaffirmed its short-term rating. The agency issued the update on July 16, 2026, following a review of the company's credit profile.The upgrade reflects a positive shift in the company's standing. The long-term rating for Vedanta Limited has been moved to Crisil AA+/Stable, while the short-term rating remains reaffirmed at CRISIL A1+. Additionally, the Non-Convertible Debentures of the company have been assigned a rating of 'CRISIL AA +' with a 'Stable' outlook.The following table outlines the revision in the company's ratings:Name of the CompanyRatingsVedanta LimitedCrisil AA+/Stable / CRISIL...

Deccan Polypacks Ltd Reports Net Loss for Quarter Ended June 30, 2026 Deccan Polypacks Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a net loss of Rs. 5.83 lakhs for the period, reflecting a challenging operational environment.During a Board of Directors meeting held on July 16, 2026, the company approved the financial results and took note of the Limited Review Report for the quarter. The board also finalized the date for the 42nd Annual General Meeting, scheduled for August 29, 2026, at the company's registered office in Hyderabad.Financial Performance Overview The financial data highlights a significant increase in expenses compared to the previous year's...

Rotographics (India) Limited to Rename to Novalum Materials Limited Rotographics (India) Limited has announced a proposal to change its corporate identity from "ROTOGRAPHICS (INDIA) LIMITED" to "NOVALUM MATERIALS LIMITED." The company issued an addendum to the notice of its Annual General Meeting (AGM) scheduled for August 6, 2026, to include a certificate from a practicing chartered accountant regarding the name change.The Board of Directors stated that the proposed name change is intended to bring novelty and creativity to the existing brand. According to the company, the new name will be more reflective of its business operations and serves as a step toward revamping the corporate identity.Approval Status and Procedural Details...

Star Cement Limited Receives Rejection on Promoter Reclassification Application Star Cement Limited has received communication from the National Stock Exchange of India Limited (NSE) and BSE Limited regarding an application for the reclassification of promoters to the public category. The exchanges have disposed of the application following a review of the requirements under applicable listing regulations.The request, originally submitted on February 10, 2026, sought the reclassification of a specific promoter group consisting of 29 entities. However, the stock exchanges determined that the application was not accompanied by the necessary request letters from the individual promoters or promoter group entities as required by the...

Sharika Enterprises Ltd Announces Substitution of Allottees for Preferential Issue Sharika Enterprises Ltd has announced a change in the proposed allottees for its upcoming preferential issue following a Board meeting held on July 16, 2026. The company noted that two previously proposed allottees became ineligible due to the sale of equity shares, which led to non-compliance with specific eligibility conditions prescribed under regulatory guidelines.In response to these developments, the Board has approved the substitution of the ineligible participants with new investors. Aside from the change in names of the proposed allottees, all other terms and conditions of the preferential issue remain unchanged. This includes the issue price...

Winsome Yarns Limited Announces Major Shareholding Restructuring and Business Expansion Winsome Yarns Limited has announced a significant restructuring of its shareholding pattern and a strategic expansion of its business operations following a Board meeting held on July 16, 2026. The changes are being implemented in accordance with the resolution plan approved by the National Company Law Tribunal (NCLT) on April 16, 2026.Shareholding Restructuring and Preferential Issue The company has approved a significant reduction and cancellation of existing equity shares. This restructuring will impact both erstwhile promoters and existing public shareholders. The company has fixed July 31, 2026, as the record date for the cancellation and...

UCO Bank to Review Quarterly Financial Results in Upcoming Board Meeting UCO Bank has scheduled a meeting of its Board of Directors on July 22, 2026, to deliberate on the bank's performance for the period ending June 30, 2026. The primary agenda for the meeting includes the consideration and approval of the unaudited reviewed financial results for the quarter ended June 30, 2026.The proceedings are expected to provide a comprehensive overview of the bank's operational performance and financial standing during the second quarter of the fiscal year.Trading Window Status In accordance with the Bank's Policy for Prevention of Insider Trading, the trading window for dealing in the securities of UCO Bank remains closed for Directors...

CCL Products (India) Ltd to Convene Board Meeting on July 27, 2026 CCL Products (India) Ltd has scheduled a meeting of its Board of Directors to be held on Monday, July 27, 2026. The meeting will address several key corporate actions and financial disclosures for the upcoming period.The primary agenda for the board meeting includes the review and approval of the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. Additionally, the board will deliberate on approving the Directors Report along with its associated annexures.Another significant objective of the proceedings is to determine the schedule for the 65th Annual General Meeting of the company. Furthermore, the board is expected to...

Utkal Speciality Industries India Limited Corrects Board Resolution Date for Restated Financial Statements Utkal Speciality Industries India Limited has issued a clarification regarding the date of the Board resolution approving the restated financial statements and the corresponding restated Independent Auditor's report for the quarter ended December 31, 2025.The company identified an error in the Red Herring Prospectus dated June 02, 2026, and the Prospectus dated June 15, 2026. The correction pertains to the specific date associated with the Board's approval of the restated financial figures.According to the updated information, the correct date of the Board resolution is January 07, 2026. This replaces the date previously cited...

Jubilant Pharmova Limited Approves Grant of 2,07,003 Stock Options and Units Jubilant Pharmova Limited has approved the grant of 2,07,003 Stock Options, Restricted Stock Units (RSUs), and Performance Stock Units (PSUs) to eligible employees. The approval was granted by the members of the Nomination, Remuneration and Compensation Committee through a circular resolution passed on July 16, 2026.The allocation is part of the Jubilant Pharmova Employees Stock Option Plan 2018. The scheme adheres to the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.Grant Details and Pricing Structure The grant covers a total of 2,07,003 equity shares with a face value of Re. 1 each. The pricing formula for the exercise of these...

Unitech Limited Approves Re-appointment of Cost and Statutory Auditors Unitech Limited has announced the re-appointment of its Cost Auditors and Statutory Auditors following a Board of Directors meeting held on July 16, 2026. The decisions were made based on the recommendations provided by the Audit and Risk Management Committee.The company confirmed the re-appointment of M/s Pant S. & Associates as the Cost Auditors for the financial year 2026-27. M/s Pant S. & Associates is a prominent Cost and Management Accountancy firm established in April 2012 by Mr. Santosh Pant. The firm maintains a presence across five states, including Uttar Pradesh, Delhi, Haryana, Uttarakhand, and Jharkhand, and has served over 50 companies, including...

Jayesh Logistics Limited Secures Rs 11.2 Crore Work Order from Dalmia Cement (North East) Limited Jayesh Logistics Limited has secured a significant work order from Dalmia Cement (North East) Limited for the transportation of industrial materials. The contract is valued at Rs 11.2 crores and covers logistical operations for the financial year 2026-27.Under the terms of the agreement, Jayesh Logistics will serve as the authorized transporter for cement, clinker, fly ash, coal, and other raw materials. The company is responsible for transporting these materials from Dalmia Cement's manufacturing facility located at Lanka, Nagaon (Assam) to various designated locations for stock transfers, trade, and non-trade sales.The scope of the...

Acquirers to Launch Open Offer for Mahan Industries Limited Acquirers Mr. Nishil Sanjaykumar Shah and Mr. Niranjankumar Navratanmal Jain have announced an open offer to acquire up to 20,02,000 equity shares of Mahan Industries Limited. The offer represents 26% of the company's Expanded Voting Share Capital and is being made at a price of Rs. 12 per share, payable in cash.The acquisition follows a significant shift in the ownership structure of the target company. The transaction was triggered by a combination of a proposed preferential allotment and a private share purchase agreement. Under the terms of the agreement, the acquirers have agreed to acquire 52,169 shares from the selling promoter shareholder, Mr. Yogendrakumar Gupta, at...

Shakti Press Ltd Cancels Scheduled Board Meeting Shakti Press Ltd has announced the cancellation of its Board of Directors meeting, which was originally scheduled to take place on July 17, 2026. The company stated that the meeting, set to be held at the Registered Office of the company at 12:00 Noon, was cancelled due to unavoidable circumstances.The company had previously provided an intimation regarding this meeting on July 13, 2026. Following the cancellation, Shakti Press Ltd will provide updates regarding a revised date for the Board Meeting if and when a new schedule is established.Stock Price Movement Shakti Press Ltd shares slid by 3.05% today to settle at ₹16.53. The stock saw some volatility during the session, finding a...

Ugro Capital Ltd to Convene Board Meeting on August 4, 2026 Ugro Capital Limited has scheduled a meeting of its Board of Directors to take place on Tuesday, August 4, 2026. The primary agenda for the meeting includes the consideration and approval of the company's financial performance for the preceding quarter.The Board is expected to review the Unaudited Financial Results for both the standalone and consolidated positions for the quarter ended June 30, 2026. This review will be accompanied by the Limited Review Report.In addition to the financial reviews, the Board will deliberate on other items as permitted by the Chairperson. The meeting serves as a key milestone for the company to establish its financial standing and...

Andhra Cements Limited to Review First Quarter Financial Results in Upcoming Board Meeting Andhra Cements Limited has scheduled a meeting of its Board of Directors to review the company's financial performance for the first quarter of the fiscal year. The meeting is set to take place on July 27, 2026, at the company's registered office located in Jubilee Hills, Hyderabad.A primary agenda item for the board meeting is to consider and take on record the un-audited financial results for the period ended June 30, 2026. The proceedings will provide a comprehensive overview of the company's operational and financial standing during the first quarter of the year.The company has also maintained the closure of its trading window in...

India Power Corporation Limited Under Investigation by Serious Fraud Investigation Office India Power Corporation Limited (formerly known as DPSC Limited) has received a notice from the Serious Fraud Investigation Office (SFIO) regarding an investigation into its affairs. The notice was issued by the Ministry of Corporate Affairs (MCA), Government of India, in New Delhi.The company is currently undergoing a Corporate Insolvency Resolution Process (CIRP). This process commenced following an order from the National Company Law Tribunal (NCLT), Hyderabad Bench-1, on May 15, 2026. Under this order, the powers of the Board of Directors have been suspended.The investigation was initiated by the Ministry of Corporate Affairs under Section...

La Opala RG Limited Announces Dividend and Tax Deductions for FY 2025-26 La Opala RG Limited has announced a dividend for the financial year ended March 31, 2026. The Board of Directors recommended a payment of Rs. 5.00 per equity share, representing a 250% dividend on shares with a face value of Rs. 2 each.The dividend will be distributed to members holding shares as of the record date following its declaration at the upcoming Annual General Meeting. The company has issued specific guidelines regarding Tax Deducted at Source (TDS) on these payments in accordance with the Income Tax Act, 2025, and the Finance Act, 2026.TDS Provisions for Resident Members The company has outlined specific tax rates and requirements for resident...

Magson Retail And Distribution Limited Approves Share Issuance and Key Director Appointments Magson Retail And Distribution Limited has received shareholder approval for a series of significant corporate actions, including the issuance of new equity shares and the re-appointment of key members to the company's leadership team. These decisions were finalized during the Extra-Ordinary General Meeting held on July 15, 2026.The primary action involves the creation, offer, issue, and allotment of up to 61,200 fully paid up equity shares. The issuance is structured as a private and preferential placement to non-promoters and the public. Each share carries a face value of INR 10, with an issue price set at INR 163.48, which includes a...