Markets

KEC International Issues USD 35 Million Corporate Guarantee for Subsidiary's Credit Facility KEC International Ltd has issued a corporate guarantee amounting to USD 35 million. The guarantee was formalized on July 03, 2026, concerning a credit facility extended to Al Sharif Group & KEC Limited Company, which is a subsidiary of the company.The transaction details confirm that KEC International provided the guarantee for the specified credit facility. According to the relevant details, the Promoter and the Promoter Group are not interested in this particular transaction.The corporate guarantee represents a potential contingent liability for KEC International Ltd. However, as per current assessments, there is no present impact of this...

CreditAccess Grameen Reports Strong Q1 FY27 Performance, Highlights Growth in GLP and Asset Quality Improvement CreditAccess Grameen Limited has released its Interim Business Update for June 2026, showcasing strong operational momentum across key metrics. The figures provided are provisional and subject to limited review by the Joint Statutory Auditors and approval of the Audit Committee and Board of Directors.The company reported robust growth in Gross Lending Portfolio (GLP) and Rural Finance (RF) Share percentage during Q1 FY27.Key Business Metrics Overview The financial health and operational scale of CreditAccess Grameen are detailed across various periods, as presented below:MetricJun-25Mar-26Jun-26YoY%GLP (INR...

FGP Ltd Announces Sixty-Fourth Annual General Meeting and Makes Annual Report Available Online FGP Limited has announced details regarding its Sixty-Fourth Annual General Meeting (AGM) and provided access to the Annual Report for the financial year 2025-26, including the Notice of the AGM.The AGM is scheduled to be held on Thursday, July 30, 2026, at 11:00 a.m. (IST). The meeting will be conducted through Video Conferencing (VC) or other Audio-Visual Means (OAVM).Accessing AGM Documents and Annual Report The Notice convening the Sixty-Fourth AGM along with the Annual Report for the financial year 2025-26 is available online. Shareholders can access the complete details of the documents on the Company's website at the specified web...

Pritish Nandy Communications Renames Company to Reflect Media and Entertainment Focus Pritish Nandy Communications Limited has undertaken a significant corporate restructuring, approving a complete change in its name from 'PRITISH NANDY COMMUNICATIONS LIMITED' to 'PNC MEDIA AND ENTERTAINMENT LIMITED'. This decision was formalized by the Board of Directors during a meeting held on July 03, 2026.The proposed name change is intended to better reflect the company’s present and future business activities as it evolves within the media and entertainment ecosystem. The transition aims to align the corporate identity with the firm's strategic vision.In addition to the name alteration, the Board also approved consequential changes to the...

Birla Corporation’s Credit Rating Reaffirmed by CARE Ratings Amid Operational Growth Plans CARE Ratings Limited has reaffirmed the credit ratings for the bank loan facilities and debt securities of Birla Corporation Ltd (BCL), noting its healthy competitive position within the grey cement manufacturing sector. The rating assessment incorporates BCL's operational footprint, financial stability, and future expansion plans.The rating agency noted that BCL maintains a strong presence across central, eastern, and northern India, supported by established distribution networks and brand recall for its products.Credit Rating Snapshot of Birla Corporation Ltd CareEdge Ratings assigned the following ratings to BCL's debt instruments...

CSL Finance Ltd Announces Change in Senior Management as President Resigns CSL Finance Ltd has announced a change within its senior management, effective August 31, 2026. Mr. Atul Kumar Agrawal, who holds the position of President - Finance & Treasury, tendered his resignation from the company.Mr. Agrawal submitted his resignation on July 03, 2026. According to the company, he decided to resign in order to focus on the next phase of his career. He will be relieved from his duties and shall cease to be part of the senior management of CSL Finance Ltd at the close of business on August 31, 2026.The details regarding the change are as follows:DetailParticularsNameMr. Atul Kumar AgrawalRolePresident - Finance & Treasury...

FIIs Surge Back into Markets: Foreign Investors Turn Net Buyers as Sensex and Nifty Climb Indian equities posted a strong finish on July 3, driven by gains across financial and auto sectors. The market sentiment improved markedly as foreign investors started buying aggressively. This performance helped benchmark indices close higher, with the BSE Sensex reaching 77,145.00 and NSE Nifty 50 finishing above the 24,000 mark at 24,000.85.Foreign and Domestic Institutional Investor Flows Reversal The day marked a significant reversal in institutional trends. Foreign institutional investors (FIIs/FPIs) emerged as net buyers for the day, purchasing shares worth ₹1,355.33 crore. FIIs invested ₹13,337.33 crore while selling equities amounting...

Sovereign Gold Bond (SGB) Holders Gain Exit Option as RBI Fixes Premature Redemption Price The Reserve Bank of India (RBI) has released crucial details regarding the premature redemption pricing for a specific tranche of the Sovereign Gold Bond (SGB) scheme. This update specifies the valuation methodology and the final price available to investors, giving holders the option to exit early under defined terms.Regulatory Framework for Premature Redemption The RBI notification clarifies the conditions necessary for prematurely redeeming SGB 2020-21 Series-IX. These bonds are eligible for premature redemption after a five-year period has elapsed since their original issue date. The scheme provides that the redemption may be processed on...

AWL Agri Business Reports Q1 FY27 Performance: Strong Growth in Food FMCG and Channel Expansion AWL Agri Business Limited reported a preliminary update on its standalone performance for the quarter ending June 30, 2026. The company demonstrated sustained progress across various segments, highlighted by double-digit growth in specific categories and significant expansion in digital and institutional markets.The overall business delivered mid-single digit volume growth during the quarter. The performance was underpinned by momentum within the Food & FMCG portfolio, alongside healthy developments in Industry Essentials and strong execution through Alternate Channels (E-Commerce, Quick Commerce, and Modern Trade).Segment Highlights Food...

Chand Rameshbhai Kanabar Resigns as Independent Director from Curis LifesciencesCuris Lifesciences Limited announced the resignation of Mr. Chand Rameshbhai Kanabar, who served as an Independent Director on the Board. His resignation is effective from July 3, 2026.The company confirmed that Mr. Kanabar resigned due to his pre-occupancy and increased professional commitments. The independent director also provided a confirmation stating that there are no other material reasons for his departure besides those mentioned.Mr. Kanabar held directorships in several entities outside of Curis Lifesciences Limited, including Accretion Pharmaceuticals Limited, Kian-M Export Limited, and Golden Sparrow Consultancy Private Limited. He was...

Corporate Governance Updates: Syngene Sets Date for 33rd AGM; GUJARAT ENERGY LIMITED Issues Unclaimed Dividend Reminders Multiple companies operating in various sectors issued specific notices and reminders regarding corporate governance, shareholder actions, and unpaid dividends. Notable updates include Syngene International Limited announcing the date for its upcoming Annual General Meeting (AGM) and Gujarat Energy Limited reminding shareholders about unclaimed dividend entitlements.Syngene International Limited Announces 33rd AGM Details Syngene International Limited has scheduled its 33rd Annual General Meeting (AGM). The meeting is set to be held on Wednesday, July 29, 2026, at 3:30 PM IST. The AGM will be conducted through...

Glottis Ltd Grants Inter-corporate Loan up to Rs 5 Crore to Texas Subsidiary Glottis Inc Glottis Limited has extended an inter-corporate loan facility to its foreign wholly owned subsidiary, Glottis Inc, located in Texas. The transaction was approved by the Board of Directors on July 03, 2026, and involves a loan agreement for up to Rs 5.00 Crore (or equivalent USD).The purpose of the inter-corporate loan is to meet working capital requirements for Glottis Inc. As per the agreement signed on July 03, 2026, Glottis Limited, acting as the lender, has provided the financing to its subsidiary.Key details regarding the loan arrangement between the parent company and the wholly owned subsidiary have been established as follows...

Unihealth Hospitals Issues Up To 12,50,000 Shares in Preferential Allotment to Acquire Stake in Uganda Hospital Chain Unihealth Hospitals Limited has approved a preferential allotment of up to 12,50,000 equity shares to acquire a stake in Victoria Hospital Limited (VHL), a healthcare provider in Uganda. The transaction is structured as a share swap and aims to substantially strengthen the company's international healthcare platform.The Board of Directors of Unihealth Hospitals held a meeting on July 3, 2026, wherein the preferential allotment was transacted. The issue involves issuing shares at a price determined by a valuation report, which set the fair value of the equity share at Rs. 520.31 per equity share.The allocation is...

ABM Knowledgeware Sets Record Date for Final Dividend of Rs 1.25 Per Share ABM Knowledgeware Ltd. has announced the record date and dividend details for its financial year (FY) 2025-26, following a recommendation by the Board of Directors.The company fixed Thursday, July 23, 2026, as the Record Date to determine the names of members eligible for the Final Dividend.If declared at the Annual General Meeting (AGM), which is scheduled for Thursday, July 30, 2026, the dividend will be Rs 1.25/- per equity share. This represents 25% of the face value of the share, which stands at Rs 5/- each.The company stated that the payment of this final dividend, subject to tax deduction at source, will be made to members on or before August 29...

NBCC Secures Work Orders Valued at Rs 132.28 Cr in Ordinary Course of Business NBCC (India) Limited has been awarded multiple work orders amounting to approximately Rs 132.28 Cr, confirming the company's sustained presence and execution capability within the infrastructure sector. The projects secured span various states, with a focus on construction and project management consultancy services.The total value of the recently awarded works stands at Rs 132.28 Cr (excluding GST). These contracts fall within NBCC’s normal course of business operations.Key details regarding the new contracts include:Project ValueClient NameScope of WorkRs 55.46 CrNavodaya Vidyalaya SamitiConstruction of Permanent Campus at JNV Distt: South...

Polycab India Ltd Board Meeting Scheduled for July 16, Trading Window Remains Closed Until July 18 Polycab India Limited has scheduled a meeting of its Board of Directors to review and approve key financial results. The board meeting is set for Thursday, July 16, 2026.The gathering will be held to consider, approve, and take on record the un-audited standalone and consolidated Financial Results of the Company. These results cover the quarter ended June 30, 2026, and the agenda includes limited review reports.In conjunction with this event, Polycab India Limited confirmed that the trading window for dealing in its securities will remain closed for a defined period. The closure commenced on Wednesday, July 01, 2026, and will extend up...

Excise Commissioner Imposes ₹1,00,000 Penalty on Dhampur Sugar Mills Limited for Storage Violation Dhampur Sugar Mills Limited has received an order from the Excise Commissioner, Uttar Pradesh, Prayagraj, imposing a penalty of ₹1,00,000 following alleged non-compliance with excise regulations. The action pertains to the storage location of certain liquor products and related packaging materials.The order was issued by the Excise Commissioner, Uttar Pradesh, under Section 74 of the United Provinces Excise Act, 1910. The penalty was imposed after determining that the Company failed to adhere to specific provisions outlined in the Uttar Pradesh Excise (Distillery Establishment and Operation) Rules, 2018, and the conditions set by its...

Swiggy Grants Over 71 Lakh Stock Options Under ESOP Plan 2024 Swiggy Limited has approved the grant of stock options under its Employee Stock Option Plan 2024. The Nomination and Remuneration Committee (NRC) of the Board of Directors granted a total of 71,72,343 stock options to eligible employees as part of the ESOP initiative.The allocation was made under the ESOP 2024 scheme. This plan outlines various terms regarding how the stock options can be exercised and what recourse exists in different employment scenarios.Key details concerning the stock option grant include:SchemeTotal Options GrantedConversion RateExercise PriceESOP 202471,72,343Each option converts to one equity share (Face Value ₹1)Re ₹ 1/- per stock option...

Gujarat Hotels Ltd Boards Meeting to Approve Q1 Unaudited Financial Results Gujarat Hotels Ltd has convened a Board Meeting of Directors scheduled for Thursday, July 9, 2026. The meeting is designated to consider and approve the Unaudited Financial Results of the Company for the quarter that ended June 30, 2026. The agenda includes reviewing these results alongside their associated Notes.Stock Price Movement Gujarat Hotels Ltd. settled on Friday at ₹187.40, registering a strong 2.21% gain after the market close. The shares experienced solid movement during the session, fluctuating within an intraday range that stretched between ₹183.30 and ₹187.85.

Suraag Capital Conducts Plant Visit at IKIO Technologies in Noida A representative from Suraag Capital conducted a visit to the corporate office and plant facilities of IKIO Technologies Limited. The interaction covered matters based on publicly available information, confirming that no Unpublished Price Sensitive Information (UPSI) was discussed during the engagement.The scheduled inspection took place on July 03, 2026, at the company's premises located in Noida.Key details from the visit are as follows:DateVenue (Plant)RemarksFriday, July 03, 2026Plot No. 6 & 10, Sector-156, Noida, Gautam Buddha Nagar, Uttar PradeshIn-PersonDuring the visit, the management of IKIO Technologies Limited interacted with the Suraag Capital...