Markets

Indbank Merchant Banking Services Ltd Announces Unaudited Financial Results for Quarter Ended June 30, 2026 Indbank Merchant Banking Services Limited has announced its unaudited financial results and the 'Limited Review Report' for the quarter ended June 30, 2026. The Board of Directors approved these results during a meeting held on July 8, 2026.The company's performance data covers revenue from operations, total income, expenses, and earnings per share (EPS) for the specified period.Financial Performance Highlights (in Rs. Lakhs) The unaudited financial results show significant figures across various operational areas. Revenue from operations stood at 690.35 lakhs for the three months ended June 30, 2026, compared to 668.79 lakhs...

Bhupendra Varasada Resigns from Senior Managerial Position at Dharmaj Crop Guard Ltd Dharmaj Crop Guard Ltd has announced that Mr. Bhupendra Varasada has tendered his resignation from his position as a Senior Managerial Personnel with the company. His resignation is effective immediately as of July 08, 2026.The change in personnel stems from Mr. Varasada’s decision to pursue a new career opportunity.Details regarding the change in managerial staff are provided below:NameDate of ResignationPositionReason for ChangeMr. Bhupendra VarasadaJuly 08, 2026Senior Managerial Personnel / Head of Operations & Supply Chain UnitPursue a new career opportunity in another organizationMr. Varasada formally resigned from the role of Head...

Zensar Technologies Reports on Sustainability and Business Responsibility Metrics for FY 2025-26 Zensar Technologies Limited, a global provider of Information Technology (IT) services, has provided its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. The report details the company’s operational footprint, workforce statistics, and performance against key environmental, social, and governance (ESG) commitments, with independent assurance conducted by BSI Group India Pvt. Ltd.The reporting covers both the consolidated and standalone aspects of Zensar's business operations for the period ending March 31, 2026.Operational Overview and Business Footprint Zensar Technologies operates through a...

Afcons Infra Releases Comprehensive Business Responsibility Report, Highlighting Safety Focus and Green Initiatives Afcons Infrastructure Limited has released its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. The report provides detailed insights into the company's environmental, social, and governance (ESG) performance, setting out its commitments to responsible infrastructure delivery globally. The BRSR is supported by a Limited Assurance Report from Deloitte Haskins and Sells LLP.The BRSR details Afcons’ operations, which are primarily focused on Construction and Civil Engineering. As an Engineering, Procurement, and Construction (EPC) company, the entity engages in projects spanning Roads...

HFCL Launches OptiQ AI™ Brand for End-to-End Optical Connectivity Portfolio HFCL Ltd has introduced OptiQ AI™, a unified brand identity for its comprehensive optical connectivity portfolio, designed specifically for the demanding requirements of the AI, cloud, and hyperscale data center sectors. The launch positions HFCL's established product line to meet the intense bandwidth and density needs emerging in next-generation data center networks.The OptiQ AI™ portfolio integrates various high-performance components offered by HFCL, including Intermittently Bonded Ribbon (IBR) Cables, fiber cable assemblies, patch cords, pigtails, trunks, cassettes, and enclosure panels. This integrated solution is designed to support the rapid deployment...

Garlon Polyfab Sets Record Date for Annual General Meeting Garlon Polyfab Industries Limited has specified the record date for its forthcoming Annual General Meeting (AGM) concerning FY 2024-25. The determination of shareholders for the AGM relates to the company's Fully Paid-up Equity Shares of ₹10/- each.The company provided key dates regarding this corporate action, which is intended to determine the eligible shareholders for voting purposes at the ensuing Annual General Meeting.Key details pertaining to the record date are as follows:Scrip Code / SymbolType of SecurityPeriod CoveredRecord DatePurposeBSE Scrip Code: 514306Fully Paid-up Equity Shares of ₹10/- eachSeptember 18, 2025 to September 22, 2025September 17, 2025...

Supra Pacific Financial Services Reports Lending Portfolio and Borrowings for Quarter Ended June 30, 2026 Supra Pacific Financial Services Ltd has provided business updates for the quarter ending June 30, 2026, detailing its lending portfolio, operational performance, and current borrowing structure.The company reported a total loan outstanding of ₹ 346 crore as of June 30, 2026. This figure is composed across four categories: Gold Loans, Vehicle Loans, Micro Finance Loans, and Other Loans.Key details regarding the lending portfolio are presented below:Loan TypePrincipal Outstanding (₹ Cr.)Gold Loan221Micro Finance Loan64Vehicle Loan55Other Loans6Total Loan346For the quarter ending June 30, 2026, Supra Pacific...

Bhagiradha Chemicals Announces 33rd Annual General Meeting and Releases FY2025-26 Annual Report Bhagiradha Chemicals & Industries Limited has announced the details for its upcoming 33rd Annual General Meeting (AGM) while making the Annual Report for the Financial Year 2025-26 available to its shareholders.The company stated that the 33rd AGM will be held on Friday, July 31, 2026, at 11:00 a.m. IST. The meeting is scheduled to take place via Video Conferencing (VC) or through Other Audio Visual Means (OAVM).The comprehensive Annual Report for the Financial Year 2025-26 has been made available online. Shareholders can access the detailed report and the AGM notice on the company’s website. The specific web link provided directs users...

Global Markets Brace for Tensions Surge as Trump Declares Iran Ceasefire "Over" US equity futures registered declines as investors reacted to President Donald Trump's declaration that the tentative ceasefire with Iran has ended, amplifying fears of renewed regional instability. The market sentiment rapidly shifted towards de-risking following the remarks, suggesting heightened geopolitical risks are now weighing on global financial flows.Global Commodities React Amid Escalation Fears Brent crude saw a significant surge, rising 6.4% to trade at $79. This price action marks the highest level since June 22. The sharp movement occurred after Mr. Trump stated during NATO’s annual summit in Ankara that the ceasefire was "over" and "a waste...

Sula Vineyards Clarifies Registered Office Address Specificity Following Prior Disclosure Sula Vineyards Limited has issued a clarification regarding its registered office address, following a previous disclosure made on June 10, 2026, concerning the shifting of the company’s premises. The clarification provides greater specificity to the location for internal and statutory records.The prior disclosure concerned the move of the company from one Solaris One unit to another in Andheri East, Mumbai. Sula Vineyards Limited stated that the registered office is specifically situated at Unit No. 201-A, Solaris One, Prof. N. S. Phadke Marg, Andheri East, Mumbai - 400069, which forms part of the larger premises referred to as Unit No. 201 in...

Board Approves INR 2,500 Crore Fund Raise through Securities Issuance Crompton Greaves Consumer Electricals Ltd has confirmed that its Board of Directors approved a significant fund raise by issuing securities. The company plans to raise funds totaling up to INR 2,500 Crores in aggregate.The funding strategy includes a Qualified Institutions Placement (QIP) set at up to INR 1,500 Crores.The approval for the expanded capital raising was announced on June 12, 2026.Fund Raising Structure DetailsCrompton Greaves Consumer Electricals Ltd has implemented steps to execute this fundraising plan. The company has dispatched a Postal Ballot to its members. This ballot is intended to raise funds by issuing Equity shares through the QIP in...

Ather Energy Announces Board Approval for Fund Raise of Up To INR 2,500 Crores Ather Energy Ltd has confirmed plans to raise significant funds through the issuance of securities, following reports detailing negotiations and planned capital activities. The company announced that its Board of Directors approved raising up to INR 2,500 Crores in aggregate by issuing securities.The fundraising strategy includes a Qualified Institutions Placement (QIP) amounting up to INR 1,500 Crores. Additionally, the company has initiated a process to raise funds through the issuance of Equity shares via QIP. The Postal Ballot for this purpose is currently underway, aiming to secure an aggregate amount of up to INR 1,500 crores.Ather Energy stated...

Swarna Securities Ltd Announces Board Meeting to Review FY 2026-2027 Quarterly Results Swarna Securities Ltd has scheduled a meeting of its Board of Directors to review the company's performance for the quarter ended on June 30, 2026.The Board meeting is set to be held on Monday, July 20, 2026. The meeting is intended to consider among other matters the Un-Audited Financial Results for the Quarter ending June 30, 2026, pertaining to Fiscal Year (FY) 2026-2027.The agenda for the Board also includes reviewing a Limited Review Report related to the company’s performance in that period.

Tejassvi Aaharam Ltd Receives In-Principle Approval from BSE for Preferential Equity Issue Tejassvi Aaharam Limited has received "In-Principle" approval from the Bombay Stock Exchange (BSE) regarding a proposed preferential issuance of equity shares to non-promoters, structured through a share swap arrangement. The approval relates to an issue of 5,11,62,204 fully paid up equity shares.The BSE granted the in-principle approval on July 7, 2026, for the issuance of these securities to non-promoters at an issue price of Rs 10/- per share. The face value of the equity shares stands at Rs 10/-, aligning with the offer price.The details of the approved transaction are as follows:ParticularDetailIssuing CompanyTejassvi Aaharam Ltd...

Vikas WSP Limited Matters Heard Before NCLT; Resolution Plan and Cooperation Applications Set for Next Week On July 08, 2026, proceedings were held before the Hon'ble National Company Law Tribunal (NCLT), Chandigarh Bench, concerning two applications filed by Vikas WSP Ltd., which is currently under the Corporate Insolvency Resolution Process (CIRP).The hearings covered IA (I.B.C.) No. 1538/2022, pertaining to the approval of the Resolution Plan, and IA (I.B.C.) No. 764/2022, which relates to a Section 19(2) Application seeking cooperation.Regarding IA (I.B.C.) No. 764/2022, the affidavits submitted by the Respondents and the Resolution Professional (applicant) were taken on record during the hearing. The order related to this...

Shraddha Prime Projects Ltd Appoints New Director and Reappoints Key ExecutivesShraddha Prime Projects Ltd., formerly known as Towa Sokki Limited, has finalized key appointments and re-appointments of directors following members' approval via Postal Ballot. The decisions concern the appointment of a Non-executive Non Independent Director and the re-appointment of two existing executives for extended terms.The company confirmed the election of Mr. Vinay Madhukar Nayak as a Non-executive Non Independent Director. Additionally, the Board sanctioned the re-appointment of Mr. Sudhir Mehta as Managing Director and the re-appointment of Ms. Shivangi Datta as a Non Executive Independent Women Director for her second term.The appointments...

Indian Stocks Plunge: Global Jitters and Escalating Iran Tensions Dent Benchmark Indices Indian benchmark indices continued their slide for the second consecutive session, collapsing under a dual weight of escalating Middle East tensions and a sharp spike in crude oil prices. The market saw broad-based selling across sectors as geopolitical risks rose amid US actions concerning Iran.The Nifty extended its afternoon decline, eventually slipping below the 24,000 mark. It touched an intraday low of 23,805.20 after reports emerged regarding fresh US airstrikes on Iran. At market close, the Nifty registered a loss of 516.65 points or 2.12 percent, settling at 23,882.05.Similarly, the Sensex shed 1,677.12 points or 2.15 percent, closing...

T-Bill Market Performance: RBI Auction Results Show Steady Demand Across Short and Long Maturities The Reserve Bank of India (RBI) announced the complete results of the latest Treasury Bill auction, providing a detailed look into market demand across 91-day, 182-day, and 364-day maturities. The auction data reflects active participation from both competitive bidders and non-competitive participants, offering insight into the current trajectory of short-term government debt instruments.Competitive Bidding Activity Across Maturities The auction witnessed strong interest in the competitively tendered bills. For the 91-Day T-Bill, a total of 69 bids were received against a notified amount of ₹9,000 crore. This indicates robust market...

Laser Power IPO: Capacity-Driven Listing on Eve of GMP Decline—Can the Market Price Be Justified? Laser Power & Infra Ltd, a established player in the power transmission sector, is set to commence its Initial Public Offering (IPO) tomorrow, July 9, 2026. The Kolkata-based manufacturer aims to raise ₹742 crore through this book-built issue. With a fixed price band of ₹203 to ₹214 per share, the IPO presents an opportunity for investors as the company seeks funds for growth and debt reduction.The offering is composed of 2.53 crore fresh shares worth ₹542 crore and an Offer For Sale (OFS) segment comprising 93 lakh shares valued at ₹200 crore by promoter shareholders. This iteration marks a reduction from the initial proposal in...

Odisha's Fisheries Surge: Millions of Fishers Boost Seafood Exports to ₹5,429 Crore Amid Sector Review State Achieves Landmark Growth in Fisheries with Over 16 Lakh Supported The Ministry of Fisheries, Animal Husbandry & Dairying (MoFAH&D) held a critical review meeting in Bhubaneswar on July 8, 2026. The gathering focused on scrutinizing the implementation status of schemes and programs designed to advance fisheries and aquaculture in Odisha. Union Minister for Fisheries, Shri Rajiv Ranjan Singh chaired the high-level review session, attended by several key ministers and institutional heads.The meeting assessed the tremendous progress made by the state in establishing itself as a major fisheries hub. The data showcased that Odisha...