Markets

Raymond Ltd Receives In-Principle Approval from NSE and BSE for Preferential Issue Raymond Ltd has received in-principle approval from both the National Stock Exchange of India Limited (NSE) and BSE Limited regarding its preferential issue of securities on a private placement basis.The company confirmed that the two exchanges granted their in-principle approval for the issuance of 66,57,373 convertible warrants, which is part of the ongoing capital raising efforts.These warrants are structured to be converted into equity shares at a designated price point. The issue involves a total of 66,57,373 convertible warrants and corresponds to the equivalent number of equity shares of Rs.10/- each at a price not less than Rs.497/- each.The...

Computer Point Ltd Appoints Ms. Puja Verma as Additional Woman Director Computer Point Ltd announced that its Board of Directors has approved the appointment of Ms. Puja Verma as an Additional Woman Director, effective June 22, 2026. The decision follows a recommendation by the company’s Nomination and Remuneration Committee.The appointment categorizes Ms. Verma as an Additional Non-Executive and Independent Director. Her tenure is set for three consecutive years, spanning from June 22, 2026, to June 21, 2029, subject to shareholder approval. The Board noted that the said appointment is not liable to retire by rotation.The company confirmed that Ms. Puja Verma is not disqualified from holding the office of Director as per provisions...

State Government Securities Auction: Investor Appetite Stabilizes as Yields Converge Across States The Reserve Bank of India (RBI) released the comprehensive results for the auction of State Government Securities (SGS) held on July 07, 2026. The auction results reflect varied levels of investor participation and yield determination across different state issuances, underscoring the continued robust appetite for fixed-income instruments in local markets.The total allotted amount across all states detailed amounted to ₹61,764.850 crore in a significant exercise in maintaining government debt stability and liquidity within the market structure. These securities span diverse tenors, ranging from 5 years up to 26 years, catering to various...

JITF Infralogistics Limited Shifts Registered Office from Chhattisgarh to Uttar Pradesh JITF Infralogistics Limited has approved and proceeded with the shifting of its registered office following necessary regulatory clearance. The company is moving its base of operations from the State of Chhattisgarh to the State of Uttar Pradesh.The move was authorized subsequent to receiving confirmation from the Regional Director (Hyderabad), whose order dated July 06, 2026 granted approval for the relocation. The Board of Directors of JITF Infralogistics Limited reviewed and approved the transition of the registered office.As part of this strategic shift, the company's new registered office is located at A-1, UPSIDC, Industrial Area, Nandgaon...

PDS Limited shifts registered office to Gurgaon, Haryana PDS Limited has completed the process of relocating its corporate operations, officially changing its Registered Office. The company received the necessary 'Certificate of Registration of Regional Director for Change of State,' issued by the Registrar of Companies in Haryana.The transition, which became effective on July 6, 2026, solidifies PDS Limited's new base in the state.Following this regulatory approval, the company has updated its corporate records and allotted a new Corporate Identification Number (CIN). Key details regarding the change include:DetailInformationNew Registered Office AddressPDS Tower, 5th Floor, Plot No. 222, Udyog Vihar Phase -1, Industrial...

Tata Capital Ltd Allots Rs 1000 Crore in Secured NCDs via Private Placement Tata Capital Ltd has announced the private placement of Secured Redeemable NonConvertible Debentures (NCDs), amounting to an issue size of Rs 1000 crore. The allotment took place on July 07, 2026.The debentures, identified as TCL Secured NCD "C" FY 2026-27-VIS-M-Reissue No.1, were allotted in a private placement structure. A total of 1,00,000 such securities were issued for the issue size of Rs 1000 crore. The debentures carry a Coupon Rate of 8.15% p.a., with an XIRR of 7.7740% p.a.The NCDs have an original tenor of 1096 days, leaving a residual tenor of 1070 days from the deemed date of allotment. The maturity and redemption date for these securities is...

Axis Bank Completes Pricing for USD Denominated Additional Tier 1 Notes under GMTN Programme Axis Bank Limited has finalized the pricing process for its issuance of USD denominated Additional Tier 1 (AT 1) Notes, which are being added to the existing Global Medium Term Note (GMTN) programme. These AT 1 Notes will be integrated into a single series alongside previous U.S.$500,000,000 6.875 per cent. Additional Tier 1 Notes issued on June 30, 2026.The structure and terms for the newly priced notes are as follows:ParticularsDetailsType of instrumentAdditional Tier 1 under the Global Medium Term Note Programme in accordance with RBI Guidelines (as defined in the Offering Circular dated December 26, 2025)Series number31Tranche...

Indo-Pacific Surge: India-Indonesia Commit to Deepening Ties, Targeting Critical Minerals and Global Governance Reforms Strengthening the Comprehensive Strategic Partnership The relationship between India and Indonesia witnessed a significant milestone as Prime Minister Narendra Modi concluded a State Visit to Jakarta from July 6–8, 2026. Building on prior engagements, the visit underscored the shared commitment of both nations toward achieving an "upwards trajectory" in their comprehensive strategic partnership. The two leaders held high-level bilateral talks at Istana Merdeka, covering the full spectrum of mutual interests, including defense, trade, digital economy, and science.During the official meeting, Prime Minister Modi and...

Ruby Mills' Weaving Division Resumes Operations After Strike Settlement at Dhamni Plant The Ruby Mills Limited has reported that operations of its weaving division at the Dhamni Plant have resumed, following a resolution reached with workers after an illegal strike. The company stated that management is pursuing necessary legal action regarding the unrest.Management confirmed that the striking workers had been advised to resume work, citing the need to maintain industrial peace and harmony. The dispute was resolved after discussions involving local authorities and the workmen's advisors.The resolution process involved the intervention of the local Labour Commissioner's office and Police Authorities, specifically the Superintendent...

Silver Touch Technologies Wins Order from RITES Limited to Build India's AI-Native Infrastructure Appraisal Platform Silver Touch Technologies Limited has been awarded a significant order by RITES Limited, a Navratna Government Enterprise under the Ministry of Railways, for the Design, Development, and Implementation of PARAKH. This project involves creating an advanced AI-Based Detailed Project Report (DPR) Appraisal & Intelligence Platform intended to be one of India's first self-hosted, multi-model AI platforms dedicated to infrastructure project evaluation.The engagement transforms Silver Touch from a conventional IT services provider into an AI-native platform company in the crucial infrastructure sector. The PARAKH platform is...

Notice Issued Regarding Loss of Share Certificates for Ceat Ltd Stock Holdings Ceat Ltd has been notified of the loss or misplacement of share certificates pertaining to certain securities, leading to an application being made by the respective holders to the company to issue duplicate certificates. The details concerning these lost shares have been communicated through NSDL Database Management Limited, the Registrar and Transfer Agent for Ceat Ltd.The records detail several folios under which the security was held. The shares involved are valued at Rs 10.00/- each.Details of the reported loss include:Folio NoName of the Holders (Inc Joint holders)Shares of Rs 10.00/- eachCertificate NoDistinctive NoZVJ0000440JAFFERALIMOLOO...

Refex Industries Secures Contract for Ash Transportation for Major Government Road Projects Refex Industries Limited (RIL) has secured a contract involving ash transportation services for the construction sites of major road projects managed by NHAI and other Central or State Government Road construction departments, including PMGSY Road projects.The awarded order is valued at approximately INR 20.94 Crore and covers a service period of twelve months. The contract relates to transporting ash to the designated construction locations for these crucial infrastructure projects.Key details regarding this order acquisition by Refex Industries Limited are presented below:DetailInformationEntity Awarding ContractEntity based in...

Timken India Recommends Dividend of Rs 2.50 Per Share for FY26, Details Tax Withholding Structure Timken India Limited announced that its Board of Directors had recommended a dividend of Rs 2.50 per equity share for the financial year ended March 31, 2026. The recommendation is subject to approval by Members at the upcoming 39th Annual General Meeting (AGM).The company confirmed that shareholders would be required to have tax deducted at source (TDS) on the dividend in line with the provisions of the Income Tax Act, 2025.The recommended payment pertains to equity shares with a face value of Rs 10 each, which are fully paid up.Dividend and TDS Structure Summary Timken India provided specific guidelines regarding the tax deduction...

PDS Limited Announces 15th Annual General Meeting, Shares FY2025-26 Annual Report Availability PDS Limited has announced the details of its 15th Annual General Meeting (AGM) for the financial year 2025-26. The meeting is scheduled to be held on Friday, July 31, 2026, at 2:30 P.M. (IST). Members will be able to attend the AGM via Video Conferencing (VC) or Other Audio Visual Means (OAVM).The notice for the Annual General Meeting, along with the Annual Report for FY 2025-26, has been circulated in compliance with relevant regulations. For shareholders who did not receive electronic distribution of the report, the complete Annual Report is available on the company's website.A structured guide detailing where members can access the...

Impex Ferro Tech Limited holds 29th Committee of Creditors meeting during CIRP Impex Ferro Tech Limited held its twenty-ninth meeting of the Committee of Creditors (CoC) on July 6, 2026. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP).The gathering was conducted by the Resolution Professional, Ashok Kumar Sarawagi, concerning Impex Ferro Tech Limited. The event marks a step in the ongoing CIRP for the entity.

AI Tech Plunge Rattles Global Markets as Chip Giants Face Capacity Concerns and Scepticism Asian technology stocks faced a major sell-off on July 7, signaling renewed caution amid concerns over the sustainability of the rapid AI-driven rally. Several key players in the artificial intelligence sector saw significant declines, prompting investors to reassess the near-term trajectory of the tech boom. This selling pressure followed a period of exuberant growth, as markets grapple with whether escalating capital spending and intense competition can sustain the elevated valuations seen across the chip industry.Asian Equities Revert Amid Tech Sell-Off The MSCI Asia Pacific Index dropped substantially for the first time in three days after...

Company Confirms Proceeds Utilization of Commercial Paper for Quarter Ended June 30, 2026 The company has confirmed the utilization of proceeds generated from its Commercial Papers (CPs) for the quarter ending June 30, 2026.A certificate issued by the Chief Financial Officer of the organization confirms that the funds raised through the issuance of Commercial Papers were applied strictly for the purposes outlined in the respective offer documents. The confirmation also states that all other listing conditions associated with the CPs were adhered to during this period.This declaration addresses the framework for the listing of CP and reaffirms adherence to specified requirements concerning the utilization of the proceeds of these...

State Refiners Stand Ready to Secure Iran Oil If US Extends Waivers Indian state-run refiners are actively engaged in discussions with traders marketing Iranian crude oil, positioning themselves to make significant purchases should the United States extend its waivers or ease restrictions past the current August 21 deadline. These government-backed companies are working to secure access to Iranian barrels as they await a decisive change in global policy regarding sanctions.While there is a clear appetite among buyers, these refiners currently face constraints due to pre-existing commitments. They have fully contracted shipments that require oil supplies through August, having already secured provisions when seeking supplies during the...

Matrimony.Com Reports Qended June 30, 2026 Billings, Showing Consolidated Growth Matrimony.Com Limited has released its financial updates for the quarter ended June 30, 2026, detailing consolidated billings and segment-wise performance compared to the corresponding period in the previous year.The company reported a 7.8% Year-on-Year (YoY) growth in consolidated billings during the three months ended June 30, 2026. Total billings for the quarter stood at 13,603 Rs. Lakhs, up from 12,616 Rs. Lakhs recorded in the same period of the previous year.The comparative financial details are as follows:MetricThree Months Ended June 30, 2026 (Rs. Lakhs)Three Months Ended June 30, 2025 (Rs. Lakhs)Consolidated Billings13,60312,616In...

Container Corporation of India Updates Board as Director's Tenure Concludes Container Corporation of India Limited (CONCOR), a Maharatna CPSE of the Government of India and a multimodal logistics company, has recorded a change in its directorial composition.Smt. Namita Devi, also known as Smt. Lovely Gupta, completed her tenure as an Independent Director of the Company. Her role concluded effective July 6, 2026, following the appointment order issued by the Ministry of Railways, Government of India.The company provided an updated list of its Board of Directors detailing the current structure of its leadership team.Board of Directors of Container Corporation of India Ltd. The board comprises senior management and government...