Markets

Diligent Media Corporation Ltd.'s Senior Management Resignation Confirmed Diligent Media Corporation Ltd has announced that Ms. Kusum Lata, who holds the position of Chief Sub Editor - Team Lead - DNA Hindi and was designated as Senior Management Personnel, has tendered her resignation from the organization.The transition is effective from June 5, 2026, at the end of working hours. The company confirmed that Ms. Lata resigned to pursue a career outside of the corporation.Details regarding the change in senior management personnel are summarized below:DetailInformationName and PositionMs. Kusum Lata, Chief Sub Editor - Team Lead - DNA HindiStatusSenior Management PersonnelCessation DateJune 5, 2026 (end of working hours)...

SBI Subsidiary Files Red Herring Prospectus for IPO of SBIFM Equity Shares SBI Funds Management Limited (SBIFM), a subsidiary of State Bank of India, has announced details regarding the proposed Initial Public Offering (IPO) of its equity shares. The IPO involves an offer for sale of up to 203,709,239 equity shares, representing up to 10.0013% of SBIFM's paid-up equity share capital.The offering includes shares from both State Bank of India and Amundi India Holding. State Bank of India is offering up to 128,334,397 Equity Shares (amounting to 6.3007% of SBIFM’s paid-up equity share capital). Amundi India Holding will offer up to 75,374,842 Equity Shares, representing 3.7006% of the paid-up equity share capital.The IPO is scheduled...

NSE Grants In-Principle Approval for On Door Concepts’ Preferential Issue of Equity Shares The National Stock Exchange of India (NSE) has granted in-principle approval for the listing of a tranche of equity shares issued by On Door Concepts Limited on a preferential basis. The approval covers 13,51,900 equity shares with a face value of Rs. 10/- each.The NSE confirmed its acceptance of the company's application and associated documentation pertaining to the listing of these shares. These newly allotted Equity Shares will rank pari passu in all respects with the Company’s existing fully paid-up Equity Shares.For the successful listing and subsequent admission of these shares to dealings on the Exchange, receipt of confirmation from...

7NR Retail Ltd Announces Acquisition of CJPL and Increases Authorized Capital by Rs 90 Crore 7NR Retail Ltd has announced several significant corporate decisions following a recent Board meeting, including the acquisition of M/s. Cultureantique Jewellery Private Limited (CJPL) and a substantial increase in its authorized share capital. The company also approved key strategic changes to its Memorandum of Association and appointed a new internal auditor.The company acquired 100% equity holding of CJPL for a total consideration of Rs 90,00,00,000 (Rupees Ninety Crore Only). This acquisition will make CJPL the wholly-owned subsidiary of 7NR Retail Limited. The purchase was executed through a share swap, where the company agreed to issue...

Tata Steel Posts 1QFY27 Provisional Volumes; India Crude Production Rises Amid Domestic Delivery Growth Mumbai, July 08, 2026 — Tata Steel Limited has released its provisional production and delivery volumes for the first quarter of financial year 2027 (1QFY27). The company reported that crude steel production in India stood at 5.82 million tons, with domestic deliveries reaching 5.17 million tons. These figures reflect a significant rise in crude steel production nationally, driven by high output from the Jamshedpur and Kalinganagar facilities.The provisional volumes for the quarter across all operational regions are presented as follows:Items1QFY27 (Provisional)4QFY26 (Actual)1QFY26 (Actual)Production volumeTata Steel...

HT Media Ltd Board Meeting Scheduled to Discuss Equity and Debt Issuance Plans HT Media Limited has announced a meeting of its Board of Directors scheduled for July 11, 2026. The board is set to deliberate upon and evaluate various options for issuing securities, including equity shares, convertible securities, bonds, and debentures. These issuances could be executed through a preferential issue, a rights issue, or any combination thereof, contingent on obtaining all requisite regulatory and statutory approvals, including shareholder consent.In addition to the board meeting agenda, the company has confirmed details regarding its designated persons' trading window. The period for dealing in the securities of HT Media Ltd remains closed...

Cambridge Technology Enterprises Reconstitutes Nomination Committee and Stakeholders Relationship Committee Cambridge Technology Enterprises Limited announced the reconstitution of its Nomination and Remuneration Committee and the Stakeholders Relationship Committee following a change in committee composition, effective June 30, 2026. The Board of Directors decided on this matter via a circular resolution dated July 07, 2026.The changes were implemented in light of Ms. Manjula Aleti's cessation as Non-Executive and Independent Director of the company.Nomination and Remuneration Committee Composition The composition of the Nomination and Remuneration Committee saw shifts involving several directors. The following table details the...

Kahan Packaging Ltd to Hold Board Meeting to Approve Share Capital Increase and Bonus Share Issue Kahan Packaging Ltd has scheduled a Board Meeting to address several important corporate decisions, including the increase of authorized share capital and the proposal for issuing bonus shares.The meeting is set for Saturday, July 11, 2026, at the company premises located in Ghatkopar West, Mumbai. The agenda focuses on key financial and structural approvals for the company.Items slated for consideration during the Board Meeting include:Authorized Share Capital: A proposal to approve the increase of Authorized Share Capital is among the core agenda items. Bonus Shares: The Board will consider and approve the proposal for the issue of...

No Material Information Cited for Walpar Nutritions' Stock Volatility Walpar Nutritions Limited has issued a clarification regarding the movement in its stock price, stating that there is no material or price-sensitive information currently held by the company that could lead to a significant fluctuation in the scrip's value.The company confirmed on July 8, 2026, that as of this date, there is no event or announcement requiring immediate reporting to the stock exchange.Walpar Nutritions reiterated that it has fulfilled all necessary disclosures under SEBI regulations within the stipulated time frame concerning any possible impact or fluctuation on the price of its scrip.The company concluded by stating that the volatility observed...

Religare Enterprises Acquires Shares in Care Health Insurance Ltd. Rights IssueReligare Enterprises Limited (REL) has successfully subscribed for equity shares in the rights issue of Care Health Insurance Limited (CHIL), a subsidiary of Religare Enterprises. The allotment was completed on June 30, 2026, with the acquisition finalized on July 8, 2026.The transaction involved REL acquiring 74,80,324 equity shares in CHIL. These shares were issued at a face value of INR 10 each and carried a premium of INR 150 per share. The total amount invested by Religare Enterprises Limited for these shares amounted to INR 1,19,68,51,840/-.As noted during the transaction review, CHIL is a material unlisted subsidiary of Religare Enterprises...

Max Healthcare Institute Limited Reports on Sustainable Growth and Operational Excellence for FY 2025-26Max Healthcare Institute Limited has released its Business Responsibility and Sustainability Report for the financial year 2025-26, underscoring its commitment to compassionate care, responsible growth, and sustainable value creation within the healthcare sector. The report provides detailed insights into the company's operational scale, resource management, and key patient safety indicators as it aims to strengthen access to world-class medical care across India.The organisation emphasizes that its operations are guided by a holistic approach—integrating environmental stewardship, social impact, and robust governance into every...

Refex Industries Reports on Sustainability in FY2025-26; Sets Ambitions for Carbon Neutrality and Water Positivity Refex Industries Ltd., a diversified player in industrial resource management and clean energy, has released its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. The report details the company's operations, ESG commitments, and performance metrics across various operational sites, underpinned by a framework aimed at balancing resource stewardship with business growth.The reporting was conducted on a consolidated basis, receiving Limited Assurance from SGS India Private Limited, in line with International Standard on Assurance Engagements (ISAE) 3000, Revised.Business Operations...

REC US Holdings, Inc. Dissolved; Subsidiary Ceases Association with Reliance Industries Limited Reliance Industries Limited has confirmed that its subsidiary, REC US Holdings, Inc., has been officially dissolved, thereby ceasing its operational status under the company as of July 6, 2026.The dissolution was finalized after REC US Holdings, Inc. voluntarily filed a certificate of dissolution with the Secretary of State of Delaware on July 6, 2026. As a result of this action, the entity has ceased to be a subsidiary of Reliance Industries Limited effective from that date.REC US Holdings, Inc., which was noted as a non-operating company, reported nil turnover in the calendar year 2025. Financial records show that the net worth of REC...

Digicontent Ltd to Hold Board Meeting Regarding Potential Securities Issuance Digicontent Limited has scheduled a meeting of its Board of Directors for Saturday, July 11, 2026. The agenda includes deliberations and consideration regarding the issuance of securities through various methods, subject to requisite regulatory and statutory approvals, including shareholder consent.The proposed security offerings encompass equity shares, convertible securities, bonds, and debentures. These issuances may be executed via a preferential issue, a rights issue, or any combination thereof.Trading Window Restriction Imposed In addition to the board meeting announcement, Digicontent Ltd has specified the continuation of the closed trading window...

CEAT Approves Investment of Up To Rs 274 Lakhs in Wholly Owned Subsidiary Tyresnmore CEAT Limited has approved a significant investment into Tyresnmore Online Private Limited, a wholly owned subsidiary. The company's approval covers an investment up to Rs. 274 Lakhs through the subscription of equity shares during a Rights Issue conducted by Tyresnmore.The proposed transaction involves subscribing to 22,447 equity shares of Tyresnmore for a total consideration up to Rs. 274 Lakhs. This investment is structured as a cash consideration via remittance through a normal banking channel. With this current investment, CEAT's shareholding in Tyresnmore remains at 100%.Tyresnmore Online Private Limited operates in the Auto Ancillary...

Welspun Enterprises Initiates Organizational Realignment; MD Assumes Water Vertical Leadership Welspun Enterprises Ltd. has undertaken an organizational realignment involving its senior management structure and subsidiary focus. The company announced changes in roles across its various verticals, with Managing Director Mr. Sandeep Garg taking on interim leadership of the Water vertical operations.The restructuring is part of a broader strategy by Welspun to strengthen its independent business verticals while focusing the Water Vertical to scale as a multi-geography EPC business.At Welspun Michigan Engineers Limited (WMEL), a material subsidiary, Mr. Saurin Patel, who currently serves as the Head - Integrated Water Vertical and...

S.P. Apparels Ltd Provides Corporate Guarantee for UK Subsidiary Term Loan S.P. Apparels Limited has provided a corporate guarantee to The Hongkong and Shanghai Banking Corporation Limited (HSBC) concerning a term loan facility availed by its wholly owned subsidiary, S.P. Apparels (UK) P Limited.The company guaranteed the financial obligations of the UK entity for an amount totaling Rs. 12,51,33,300. This guarantee serves as security for the term loan facility utilized by S.P. Apparels (UK) P Limited.Key details regarding the corporate guarantee and its implications are as follows:ParticularsDetailsName of Beneficiary PartySPApparels (UK) P LimitedGuarantee AmountRs. 12,51,33,300GuarantorS.P Apparels LimitedBank...

Nimbus Projects Reports Significant Growth in Pre-Sales Booking Value for Q1 FY27, Boosting Cash Flow Nimbus Projects Limited (Nimbus Group), a leading real estate developer in North India, announced robust operational performance for the first quarter of fiscal year 2026-27. The company recorded substantial growth in pre-sales booking value and improved cash flow realization across its residential project portfolio.During Q1 FY27, Nimbus Projects reported a pre-sales booking value of Rs. 157.36 crore. This represented significant growth compared to the Rs. 67.16 crore booked in the corresponding quarter of the previous financial year. Concurrently, customer collections also saw a sharp increase, reaching Rs. 75.91 crore, up from Rs...

Bajaj Finserv to Hold Board Meeting for Q1 FY27 Results; Trading Window Closed The company has announced that its Board of Directors will convene on Friday, July 31, 2026. The primary agenda item for the meeting is the review and approval of the unaudited standalone and consolidated financial results for the quarter concluded on June 30, 2026.In addition to the board-level event, the company has also communicated details regarding its trading restrictions. A specific trading window has been closed for designated persons and their immediate relatives or dependents in compliance with insider trading regulations. The restricted period runs from Wednesday, July 1, 2026, until Sunday, August 2, 2026, inclusive.

Bajaj Finserv Announces Board Meeting for Financial Results and Closes Trading Window Bajaj Finserv Ltd has announced a meeting of its Board of Directors to consider the financial results for the quarter ended 30 June 2026. The company also confirmed the closure of its trading window, effective from July 1, 2026, through August 2, 2026.The Board meeting is scheduled for Friday, July 31, 2026. During the meeting, management will review and approve the unaudited standalone and consolidated financial results of the company corresponding to the quarter ending June 30, 2026.In addition to the board meeting announcement, Bajaj Finserv has set a trading window closure in adherence to regulations concerning insider trading. The trading for...