Markets

Fiem Industries Limited Mourns Demise of Independent Director Rakesh Chand Jain Fiem Industries Limited announced the unfortunate demise of its Independent Director, Mr. Rakesh Chand Jain. The passing occurred in the evening of July 7, 2026, and the management expressed deep sympathy to the bereaved family, noting that the loss would be irreparable to the company.The death of Mr. Rakesh Chand Jain (DIN: 10638945) marks a significant change within the board of directors at Fiem Industries Limited. The company provided details regarding this event as per regulatory requirements for such changes.A summary of the required information detailing the cessation is presented below:Information RequiredDetails ProvidedReason for...

Aether Industries Approves Grant of Stock Options Under Employee Scheme 2021 Aether Industries Limited has approved the grant of a substantial number of stock options under its 'Aether Industries Limited Employee Stock Option Scheme 2021' (AIL ESOS 2021). The decision was made by the Company’s Nomination and Remuneration Committee on July 8, 2026.The company has granted a total of 1,77,996 stock options to eligible employees under the scheme. Each option carries an exercise price of Rs. 1,200, with the underlying shares having a Face Value of Rs. 10/- each.The options are structured across five tranches, designated as Trench-10. These grants fall under the AIL ESOS 2021 and relate to the employee stock option scheme established by...

Sensex Plunges as Trump Halts Ties with Iran, Signaling Geopolitical Volatility The benchmark Sensex experienced a sharp decline in early trading today following recent comments from US President Donald Trump regarding relations with Iran. The rapid downturn highlights how swiftly geopolitical shifts can impact domestic market sentiment and trading stability.Market Reaction to Escalating Rhetoric The BSE Sensex plummeted by 500 points in just 15 minutes of trading on July 8th. This swift sell-off reflects the uncertainty introduced by high-level international political commentary. The rapid drop underscores the volatility present when global diplomacy is placed under intense scrutiny.Trump’s Latest Statements Regarding Iran...

Sukhjit Starch & Chemicals Announces Key Changes in Board of Directors: New Appointments Made Sukhjit Starch & Chemicals Ltd has made significant movements within its senior management, announcing the re-appointment and appointment of several directors as part of changes in the company's directorial structure.The changes include the re-appointment of existing board members and the appointment of two independent directors to strengthen the composition of the Board. The updates cover roles ranging from Managing Director to Non-Executive Independent Directorship across various key personnel.Directors Appointed or Re-appointed A series of appointments were confirmed, with Kuldip Krishan Sardana being re-appointed as Managing Director...

Pepperfry Accelerates Retail Expansion Ahead of Festive Season, Targeting 35 New Stores by August Mumbai: Pepperfry, India’s leading omnichannel furniture and home destination and a subsidiary of TCC Concept Limited, has announced an accelerated phase of its retail expansion strategy. The move is designed to strengthen the company's omnichannel capabilities, expand customer access across key markets, and build a scalable, profitable retail platform ahead of the upcoming festive season.The company plans to open 35 new stores by the end of August. This aggressive expansion will focus on strengthening Pepperfry’s presence in various metros and Tier 1 and Tier 2 cities. Reflecting its long-term vision for India's organized furniture...

Punjab & Sind Bank Receives IFSCA License to Establish IFSC Banking Unit at GIFT City Punjab & Sind Bank has secured a crucial license from the International Financial Services Centres Authority (IFSCA) to establish an International Financial Services Centre (IFSC) Banking Unit. This development solidifies the bank's operational expansion into India's specialized financial zones.The grant of the IFSCA license allows Punjab & Sind Bank to set up its IFSC Banking Unit as a branch located at GIFT IFSC. The IFSCA issued the licensing letter on July 07, 2026.This facility follows prior regulatory steps, as the bank had already received permission from the Reserve Bank of India (RBI) for setting up an IFSC Banking Unit at GIFT City...

Jetking Infotrain Ltd Announces Resignation of Independent Director Pooja Anand MotwaniJetking Infotrain Limited (JIL) has announced that Ms. Pooja Anand Motwani has resigned from her position as an Independent Director of the company, effective July 07, 2026.The resignation was tendered by Ms. Motwani due to personal reasons. The Board of Directors of Jetking Infotrain Ltd acknowledged her departure and expressed appreciation for the valuable contribution and guidance she provided during her tenure with the company as an Independent Director.Ms. Motwani confirmed that there are no material reasons for her resignation other than those mentioned in her letter. She also disclosed that she holds no directorships in any other listed...

Iris Clothings Limited Acquires 51% Stake in Infinia Lifestyle for INR 57 Crore; Approves Preferential Share Issuance Iris Clothings Limited has announced the acquisition of a significant stake in Infinia Lifestyle Private Limited, agreeing to purchase 51% of its equity shares. The transaction carries a total purchase consideration of INR 57,12,00,000, which will be discharged through a combination of cash payment and the issuance of up to 77,08,183 equity shares of Iris Clothings Limited (ICL).The Board of Directors of Iris Clothings Limited approved the acquisition of 5,10,000 equity shares of Infinia Lifestyle Private Limited from Mr. Harsh Vardhan Sarda and Mrs. Pooja Sarda. The purchase consideration for the acquisition was set...

Oasis Tradelink Ltd Announces Unaudited Financial Results for Quarter Ended June 30, 2026 Oasis Tradelink Limited announced that its Board of Directors approved the unaudited financial results for the quarter ending June 30, 2026, alongside a limited review report issued by the Statutory Auditors. The board meeting was held on July 8, 2026.The company’s performance metrics, covering the most recent quarter and previous periods, reflect significant operational expenses leading to losses across various categories as per the unaudited results.Key financial highlights from the Statement of Unaudited Financial Results are presented below (figures in Lakh):MetricQuarter Ended June 30, 2026Quarter Ended March 31, 2026Quarter Ended June...

RMC Switchgears Secures ₹23.63 Crore Letter of Award from MAHAVITRAN for Solar Pumping Systems RMC Switchgears Limited has secured a significant Letter of Award (LOA) valued at ₹ 23,63,74,211 from MAHAVITRAN - Maharashtra State Electricity Distribution Co. Ltd. This contract involves the design, manufacture, supply, transport, installation, testing, and commissioning of Off-Grid DC Solar Voltaic water Pumping Systems (SPWPS) for farmer sites in Maharashtra.The order is part of the 'Magel Tyala Saur Krushi Pump' Yojna/ PM KUSUM B SCHEME. The contract covers 3 HP, 5 HP, and 7.5 HP capacity systems, including comprehensive system warranty and repair and maintenance services as well as a Remote Monitoring System (RMS) for five years.The...

Penalty Imposed on Khaitan Chemicals & Fertilizers for Coal Transportation Violation Khaitan Chemicals & Fertilizers Ltd has faced a monetary penalty following an order issued by the District Mines Officer, Rajnandgaon, Government of Chhattisgarh. The penalty was imposed in connection with the transfer of coal as a material between two plants using Truck No. RJ 04 GB 1299.The violation centers on the transportation of coal without the requisite transit permit or transit pass, which contravened the applicable provisions of relevant mining laws and rules, as specified in the order passed by the Mining Officer.The company addressed the financial obligation by depositing the penalty amount of ₹ 1,20,782/-, facilitated through a State...

Ritesh International Ltd Deposits Rs 10 Lakhs as Installment of Advance Tax Ritesh International Ltd has paid an installment of advance tax amounting to Rs 10,00,000/- (Ten Lakhs Only).The payment was made by the company on July 8, 2026. This transaction pertains to the deposit of advance tax for Ritesh International Ltd.Stock Price Movement As of 13:43, shares of Ritesh International Ltd are declining sharply, currently trading at ₹60.00 after falling by 4.73%. The stock has seen considerable intraday movement today, traversing a range between a low of ₹59.01 and a high of ₹62.99.

Credent Global Finance Ltd Changes Name to AMPL Capital Limited The company has officially changed its name from Credent Global Finance Ltd to AMPL Capital Limited following approval received from the stock exchange.The change details relate to a transition where the Scrip Code and abbreviated name of the company for the BOLT Plus System are being updated. This transformation ensures that trading members of the Exchange are informed regarding the new corporate identity.Financial details pertaining to this name change have been communicated, with specific identifiers provided below:Scrip CodeExisting NameNew NameScrip ID for BOLT Plus SystemAbbreviated Name on BOLT Plus System539598Credent Global Finance LtdAMPL Capital...

IFB Agro Industries Limited Schedules 44th AGM, Makes Annual Report for FY2025-26 Available IFB Agro Industries Limited has announced the date for its 44th Annual General Meeting (AGM) and confirmed that the Annual Report for the financial year 2025-2026 is available to members.The company informed shareholders that the 44th AGM of IFB Agro Industries Limited is scheduled for Wednesday, July 29, 2026. The meeting will commence at 12:30 P.M (IST) and can be attended through Video Conferencing (VC) or Other Audio Visual Means (OAVM).In conjunction with the AGM, IFB Agro Industries Limited has made the Annual Report for the financial year 2025-2026 available to its members. The full Annual Report is accessible on the company website at...

Anondita Medicare Limited Allots 285,000 Convertible Warrants in Preferential Issue Anondita Medicare Limited announced the preferential allotment of 285,000 Convertible Warrants on July 8, 2026. The warrants were allotted to a Promoter category allottee and represent an offering valued up to Rs. 29,58,30,000.The allotment details indicate that the securities were issued at a price of 1038/- per warrant (the Convertible Warrant Issue Price). The transaction was completed in alignment with decisions made by the company's Board of Directors and Extra Ordinary General Meeting.Mr. Anupam Ghosh, classified under the Promoter category, is the sole allottee mentioned for the warrants. He subscribed to a portion of the issuance...

La Opala Appoints Saradindu Dutta as Independent Director and Promotes Abhyuday Jhunjhunwala La Opala RG Ltd has announced significant changes in its board structure and senior management. The company approved the appointment of Mr. Saradindu Dutta as an Additional Director, designated as a Non-Executive Independent Director, while also changing the designation of Mr. Abhyuday Jhunjhunwala from General Manager - Business Development to Vice President - Business Development.Mr. Saradindu Dutta was appointed on July 8, 2026, for a term of five consecutive years. This appointment is subject to ratification by the shareholders at the company's ensuing 39th Annual General Meeting (AGM). Mr. Dutta brings extensive experience in finance and...

CARE Ratings Assigns Rating for Share India Securities Limited's Proposed Non-Convertible Debentures Share India Securities Limited has received a credit rating assignment from CARE Ratings Limited regarding its proposed Non-Convertible Debentures (NCDs). The ratings were assigned in accordance with CARE Ratings Limited's press release dated July 07, 2026.The assessment covers the proposed debt instrument of the company. Details of the assigned credit rating for the security are presented below:Details of SecurityAmount (In Rs.)Credit RatingRating ActionNon-Convertible Debentures (proposed)250 CroreCARE A+; StableAssignedThe assignment pertains to the Non-Convertible Debentures, for which the company has proposed an amount...

Vamshi Rubber Board Approves Strategic Review of Business Operations Amid Retreading Market Decline Vamshi Rubber Ltd has initiated a comprehensive strategic review of its business operations, following decisions made by its Board of Directors regarding the future of its retreading segment. The Board meeting considered the current market environment and the performance of the company's existing retreading activities.The decision to undertake a strategic review stems from the continuing decline in the performance of the company's retreading business. This downturn has been attributed to structural and technological shifts within the tyre industry, which have resulted in diminishing opportunities concerning retreadable tyre casings...

Bil Vyapar Ltd Announces FY2026 Results Under CIRP; Financial Statements Prepared on Liquidation Basis Bil Vyapar Limited (formerly Binani Industries Limited) has released its Audited and Consolidated Financial Results for the Fourth Quarter and Financial Year ended March 31, 2026. These results reflect the company's status while it remains under Corporate Insolvency Resolution Process (CIRP). The financial statements were prepared on a liquidation basis due to the assessment that a going concern assumption was inappropriate given the current circumstances of the company.The results highlight significant accumulated losses and the ongoing implications of various corporate undertakings and asset disposal matters, as noted in the...

AccelerateBS Reports ₹3.9 Crore Consolidated Revenue for Q1 FY27; Expands Service Portfolio Post Acquisition AccelerateBS India Limited reported consolidated revenue of ₹3.9 crore for the quarter spanning April 1, 2026, to June 30, 2026. This figure accounts for approximately 50% of the total projected FY27 revenue, indicating strong business momentum at the start of the financial year.The company has focused on strengthening its digital capabilities through strategic integration following the acquisition of Beanstalk Web Solutions LLC in March. As a result of this consolidation and growth efforts, AccelerateBS has expanded its service portfolio. The current offerings now include Hosting services, Programmatic Marketing, Marketing...