Markets

Mumbai: Bajaj Finserv Ltd. has released its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The report outlines the Group's operational scope, environmental initiatives, commitment to social equity, and governance structure across its diversified financial services ecosystem.The Company, incorporated in 2007, reported a paid-up capital of ₹160.05 crore. BFS provides essential financial products through various subsidiaries, including Bajaj Finance Ltd. (BFL), Bajaj General Insurance Ltd. (Bajaj General), and Bajaj Life Insurance Ltd. (Bajaj Life). The Group's business activities are primarily channeled into lending and associated financial services, non-life insurance, and life...

Punjab & Sind Bank Secures IFSC Approval to Launch Global Banking Unit at GIFT City State-owned Punjab & Sind Bank has achieved a significant milestone in its international expansion journey. The bank announced on Wednesday that it received the necessary license from the International Financial Services Centres Authority (IFSCA). This approval allows the institution to establish an IFSC Banking Unit (IBU) at GIFT City, which is located in Gandhinagar.Expanding Global Footprint with IFSC Approval The establishment of the IBU marks a determined step towards enhancing the bank's international presence. Punjab & Sind Bank confirmed that this move will enable it to offer world-class offshore banking services on an international level. The...

Gold Corrects Amid Renewed US-Iran Tensions: Bullion Slips as Geopolitical Risk Strengthens Dollar Domestic gold faced a correction, slipping over 1.50 percent amid heightened tensions between the United States and Iran. Trading sentiment in bullion was weighed down by the strengthening US dollar and volatile crude oil prices. Despite the geopolitical unrest, which typically benefits gold, the market saw increased pressure from other factors as traders await clarity on global monetary policy.Gold and Commodity Movements Amid Global Tensions The international price of gold on Comex experienced a slight slip, settling at $4,050 per ounce in a single trading session, representing a decline of around 1.45 percent. Domestically, MCX gold...

Market Tumbles as Trump Ends Iran Ceasefire; GIFT Nifty Shows Mild Recovery Amid Geopolitical Fear Global markets experienced a sharp decline following US President Donald Trump's declaration that the peace accord with Iran was concluded. This heightened geopolitical tension triggered a surge in oil prices, which significantly dampened investor sentiment and sent international stocks plunging on Wednesday.GIFT Nifty showed signs of stabilization overnight, trading 0.26% higher at 23,940.5 as of 5 pm on July 8. This recovery indicator suggests a positive trajectory for the market opening scheduled for July 9.Benchmark Indices Log Heaviest Losses in Three Months The benchmark indices registered their worst session in over three months...

Rail Infrastructure Deal: Company Secures Contract Worth ₹ 22.87 Crore from Southern Railway A key player in railway infrastructure has been awarded a substantial contract by the government, securing the business related to signalling and telecommunication arrangements at Neyyatinkara station. The company received the Letter of Acceptance (LOA) dated July 7, 2026, from Southern Railway, Thiruvananthapuram Division.The contract involves significant work for the doubling of track between Thiruvananthapuram Central and Kanniyakumari Station. The scope includes providing all necessary indoor and outdoor signalling and telecommunication arrangements at Neyyatinkara station for both stage-I and stage-II works.The total value of the...

Siyaram Silk Mills Sets Record Date for Shareholders Entitled to Potential Final Dividend Siyaram Silk Mills Limited has announced the record date for shareholders who may be entitled to receive a final dividend, which is set to be determined at an upcoming Annual General Meeting (AGM).The company designated July 25, 2026, as the record date. This date will determine the entitlement of members to the Final Dividend, should it be declared during the AGM scheduled for Saturday, August 1, 2026, at 11:00 A.M. (IST).The company's equity shares are valued at Rs. 9,07,40,176/-, corresponding to a price of Rs. 2/- per equity share. The record date is specifically for determining the entitlement regarding the Final Dividend of Rs.5/- per...

E To E Transportation Wins Contract to Provide Signalling and Telecommunication Arrangements for Southern Railway E To E Transportation Infrastructure Limited has secured a significant contract with the Southern Railway, Thiruvananthapuram Division. The award pertains to providing indoor and outdoor signalling and telecommunication arrangements at Neyyatinkara station. This project is part of the broader effort involving the doubling of track between Thiruvananthapuram Central and Kanniyakumari Station.The company received the Letter of Acceptance (LOA) from the Southern Railway, which represents the successful outcome of a competitive bidding process. The total contract value for the work is ₹ 22,87,62,175.72 (Rupees Twenty-Two Crore...

Craftsman Automation Invests Rs 3.36 Crore in Solarcraft to Secure Captive Power Supply Craftsman Automation Limited (CAL) has committed an investment of Rs 3,36,00,000 to Solarcraft Power India 24 Private Limited ('Solarcraft'). This investment is part of a broader strategic partnership that includes a Shareholders' Agreement, Securities Subscription Agreement, and a Power Purchase Agreement. The transaction aims to secure solar power for CAL's manufacturing operations through the procurement of renewable energy under the captive consumption provisions of the Electricity Act, 2003.The investment involves subscribing to Equity Shares and Compulsorily Convertible Debentures (CCD) in Solarcraft, which is developing a solar power project...

SML Mahindra Reports Operational Figures for Commercial Vehicles for June 2026 SML Mahindra Limited has released its operational figures detailing production, sales, and exports for commercial vehicles for the month of June 2026. The data provides a snapshot of the company's performance across various financial years.The reported metrics cover key segments including domestic sales and international export achievements. These figures outline the scale of manufacturing and market activity within the Commercial Vehicles segment for SML Mahindra Limited.Key production and sales data are presented below:ParticularsProduction (FY 2026)Production (FY 2027)Sales (FY 2026)Sales (FY 2027)Export (FY 2026)Export (FY 2027)Commercial...

Integra Engineering India Ltd Schedules Board Meeting to Discuss Q Ended June 30, 2026 Financial ResultsIntegra Engineering India Ltd has scheduled a meeting of its Board of Directors to review and approve the company's financial performance for the quarter ended June 30, 2026. The Board Meeting is set to take place on Thursday, July 16, 2026.The primary objective of the scheduled board meeting is to consider and ratify both the Standalone and Consolidated Unaudited Financial Results of the company for the quarter ending June 30, 2026. Additionally, the Board is allocated time to discuss any other business as deemed necessary by the Chair.In line with market regulations concerning insider trading, the company announced that the...

Alpa Laboratories Announces Resignation of Company Secretary and Compliance Officer Alpa Laboratories Limited has announced changes regarding its compliance officers. Ms. Yashoda Patidar tendered her resignation from the positions of Company Secretary and Compliance Officer at the company.Ms. Patidar's cessation was confirmed, effective from the close of business hours on July 26, 2026. The stated reason for the change is personal reasons.The position of Ms. Yashoda Patidar as Company Secretary and Compliance Officer will be vacant from the specified date.Alpa Laboratories Limited has provided the details regarding this transition, noting that during the notice period, she committed to ensuring a smooth handover of all duties. The...

Key Corporation Ltd Approves Q1 Results and Plans Major Object Clause Alteration Ahead of Governance Shifts Key Corporation Ltd. held its Board of Directors meeting to review financial performance for the first quarter ended June 30, 2026, announce significant proposed changes to the company's business scope, and approve two new appointments on the board. The Board also placed a motion before members seeking approval for the strategic alteration of the Memorandum of Association (MOA).Operational Updates and Financial Results The Board reviewed and approved the Unaudited Financial Results for the quarter ended June 30, 2026, alongside the Limited Review Report prepared by M/s. V.P. Aditya & Company, the Statutory Auditor. A certificate...

Fedbank Financial Services Announces Board Meeting to Review Quarter Ended June 30, 2026; Trading Window ClosedFedbank Financial Services Ltd has scheduled a meeting of its Board of Directors to consider and approve the unaudited financial results for the quarter ended June 30, 2026.The board meeting is set for Wednesday, July 15, 2026.In addition to the corporate governance update, the company confirmed that the trading window for its Designated Persons and their immediate relatives has been closed in adherence to insider trading regulations. The restricted period runs from July 01, 2026, through July 17, 2026.FEDFINA Stock Price Movement Shares of Fedbank Financial Services Limited today slipped by 4.11% to settle at ₹148.98...

Board Meeting Scheduled to Approve Quarter End Financial Results for Integra Engineering India Limited The Board of Directors of Integra Engineering India Limited has scheduled a meeting to review and approve the company's unaudited financial results for the quarter ending June 30, 2026. The meeting is set to take place on Thursday, July 16, 2026.The primary agenda item for the Board is the consideration and approval of both the Standalone and Consolidated Unaudited Financial Results for the period. The directors are also scheduled to discuss any other related business as may be necessary.In adherence to regulations governing insider trading, the company confirmed that the trading window will remain closed until 48 hours following...

Krishival Foods Ltd Provides Corporate Guarantee of Rs 15 Crore for Subsidiary's Equipment Leasing Needs Krishival Foods Limited has approved a corporate guarantee amounting up to Rs 15,00,00,000 in aggregate. This guarantee is in favor of National Business Finance Corporations (NBFCs) and Financial Institutions to support the lease buy back facilities required by its subsidiary, Melt N Mellow Foods Private Limited, for leasing deep freezers necessary for its business operations.The corporate guarantee aims to support the business expansion and operational requirements of the subsidiary within the ice cream, milk products, and bakery products industry. The indicative timeframe for the completion of this transaction is set at 48...

Lupin Limited Announces Fourthy-Fourth Annual General Meeting and Final Dividend Details Lupin Limited has provided details regarding its forthcoming Forty-Fourth Annual General Meeting (AGM) and announced the record date for determining entitlement concerning a recommended final dividend.The Board of Directors, during a meeting held on Thursday, May 07, 2026, had recommended a final dividend amounting to ₹18 per equity share. This recommendation was made against an equity share value of ₹2.To ensure proper entitlement determination, the company has fixed the Record Date for members as specified below:Scrip CodeType of SecurityRecord DatePurposeNSE: LUPIN BSE: 500257EquityFriday, July 17, 2026Payment of final Dividend of ₹18...

KeyCorp Limited Board Approves Strategic Expansion, Appoints New Independent Directors KeyCorp Limited, during its recent Board meeting held on July 15, 2026, took significant steps toward strategic diversification and corporate governance enhancement. The company proposed a fundamental alteration of its Memorandum of Association (MOA) to broaden its business scope into housing finance and allied financial services. Furthermore, the Board approved the appointment of two highly experienced professionals as Independent Directors.The management is actively working to align the company’s evolving activities with market needs, which necessitated amending the existing Object Clause of the MOA. The proposed changes are designed to support...

Khazanchi Jewellers to Hold Board Meeting to Consider Final Dividend for Financial Year 2025-2026 Khazanchi Jewellers Ltd has scheduled a meeting of its Board of Directors to consider and recommend the Final Dividend for the financial year 2025-2026. The board meeting is set to take place on Monday, July 13, 2026.The primary agenda item for the gathering includes the review and recommendation of the final dividend payment pertaining to the company's performance during the fiscal year 2025-2026.Stock Price Movement Khazanchi Jewellers Ltd shares settled at ₹617.00 on Wednesday, dropping 5.0% in the market close. The stock traded within a notable intraday range, moving between a low of ₹610.00 and a high of ₹619.95.

Jain Resource Recycling Completes Copper Anode Production Line at Tamil Nadu Facility Jain Green Technologies Private Limited, a wholly owned subsidiary of Jain Resource Recycling Limited, has fully implemented its Copper Anode production line at Unit III manufacturing facility in Gummidipoondi, Tamil Nadu. The commissioning of the facility marks a major expansion milestone for the group.The manufacturing line utilizes two furnaces. The first furnace was commissioned in March 2026, while the second furnace was completed and brought online on July 06, 2026.The successful completion of the Anode production line significantly bolsters the Group’s operational efficiency and its recycling capabilities. This expansion positions Jain...

Maximus International Ltd Provides Corporate Guarantee of KES 169 Million for Quantum Lubricants KenyaMaximus International Ltd has agreed to provide a corporate guarantee and indemnity in favor of Stanbic Bank Kenya Limited, supporting its subsidiary, Quantum Lubricants (E.A.) Limited (QLL), as the latter seeks a credit facility.The decision was approved by the Board of Directors after consideration of the transaction. The guarantee involves QLL, which operates as a step-down subsidiary based in Nairobi, Kenya, and is linked to MX Africa Limited.The company's commitment guarantees the repayment obligations of Quantum Lubricants (E.A.) Limited up to an amount of KES 169,000,000. This guarantee is provided in favor of Stanbic Bank...