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Muthoot Microfin Ltd Confirms Use of Commercial Paper Proceeds for Quarter Ended June 30, 2026 Muthoot Microfin Ltd has confirmed that the proceeds generated from its Commercial Paper issuance were utilized strictly for the purposes disclosed in the respective offer documents. The confirmation pertains to the financial operations during the quarter ended June 30, 2026.The company stated that all other listing conditions related to the Commercial Papers were adhered to during this period. This information confirms compliance regarding the use of funds raised through these debt instruments by Muthoot Microfin Ltd.MUTHOOTMF Stock Price Movement Shares of Muthoot Microfin Limited slipped today, closing down 1.54% to settle at ₹213.41...

Ashoka Buildcon Limited Completes Full Redemption of Commercial Papers; Interest Paid Ashoka Buildcon Limited announced today, July 07, 2026, the complete redemption of its Commercial Papers (CPs). The company paid the full redemption amount, alongside the accrued interest, on the due date.The redemption was finalized in full at Rs.100 Crore.The detailed terms regarding the interest payment and the specifics of the CPs are as follows:ParticularsDetailsIssue SizeRs.100 CroreInterest Amount to be Paid on Due DateRs.180.38 LakhFrequencyOn Maturity dateInterest Payment Record Date04-07-2026Due/Actual Interest Payment Date07-07-2026The company also provided details regarding the redemption process, noting that the...

Matrimony.com Ltd Posts Q2 Billings Growth with Consolidated Revenue Reaching 13,603 Rs LakhsMatrimony.com Ltd has reported its unaudited billings for the quarter ended June 30, 2026, showing growth in consolidated revenue compared to the previous year. The company's billings reached 13,603 Rs Lakhs during the three-month period of June 30, 2026.The figures indicate a Year-on-Year (Y-o-Y) growth of 7.8% in consolidated billings for the quarter ended June 30, 2026, when compared to the corresponding period of the previous year.Consolidated billing details across both periods are summarized below:MetricQ2 Ended June 30, 2026 (Rs Lakhs)Q2 Ended June 30, 2025 (Rs Lakhs)Consolidated Billings13,60312,616The company provided a...

Directors Resign from Sylph Industries Ltd Amidst Commitments Sylph Industries Ltd (formerly known as Sylph Technologies Limited) announced the resignation of two Non-Executive Independent Directors following a Board meeting held on July 07, 2026.The Board accepted the resignations of Mr. Shailesh Bajibhai Patel and Mrs. Priyanka K Gola from their respective posts as Non-Executive Independent Director of the company, effective at the close of business hours on July 07, 2026. Both individuals resigned citing personal reasons and other commitments.The company noted the contributions made by Mr. Nilesh Jain and Mrs. Priyanka K Gola during their tenure as Board Members.Details of Resignations Details regarding the resignations and...

Chiraharit Ltd Secures Multiple Purchase Orders for Solar Module Cleaning System Components Chiraharit Limited, formerly known as Chiraharit Private Limited, has secured two separate Purchase Orders from Zetwerk Manufacturing Businesses Limited for the supply and installation of pipes and fittings intended for a Solar Module Cleaning System.The contracts involve supplying components to Zetwerk Manufacturing Businesses Limited, confirming business activity in specialized industrial systems. The orders require Chiraharit to manage both the material supply and the necessary installation scope within Maharashtra.The details regarding the two domestic purchase orders are as follows:Order DetailBusiness EntityProduct/ServiceTotal...

Advait Energy Transitions Secures ₹51 Crore Contract from DGVCL for Power Conductor Supply and Installation Advait Energy Transitions Limited has secured a major Turnkey Contract valued at ₹ 51,61,56,375.00 from Dakshin Gujarat Vij Co. Ltd. (DGVCL). The contract pertains to the supply, installation, testing, and commissioning of 11KV 55mm2 AAAC Medium Voltage Covered Conductor (MVCC) along with accessories and additional poles, if necessary, within DGVCL's jurisdiction area.The order was awarded on July 6, 2026, under the Vanbandhu Kalyan Yojana-2 (VKY-2) Scheme or another relevant scheme implemented by DGVCL.The contract is a domestic Turnkey arrangement involving all aspects of the infrastructure project. While PSC/RSJ poles will...

Hittco Tools Ltd. to Host Board Meeting to Consider Share Capital Increase and Postal Ballot Matters Hittco Tools Ltd has scheduled a meeting of its Board of Directors at the company's registered office on Wednesday, July 15, 2026, at 3:00 P.M. The primary focus of the meeting will be to consider and approve a proposal for increasing the Authorized Share Capital of the Company.The board agenda includes several crucial items related to this capital restructuring. Management will review the proposal for the increase in Authorized Share Capital, noting that this action is subject to subsequent shareholder and other statutory or regulatory approvals as required. The meeting will also address the necessary alteration of Clause V of the...

C2C Advanced Systems Board Approves Borrowing Limit, Sets Rs 60 Crore Cap The Board of Directors of C2C Advanced Systems Limited approved a key resolution authorizing the company to borrow funds as deemed necessary for its business operations. This decision was taken during a meeting held on Tuesday, July 07, 2026.As recommended by the Audit Committee, the Board authorized the company's borrowing limit. The authorization allows the company to obtain sums of money as required for its business purposes.The approval established clear financial guidelines for the borrowing. It stipulated that the aggregate amount borrowed, including existing debt, must not exceed the combined total of the Company’s paid-up share capital, free reserves...

F Mec International Financial Services Ltd Undertakes Corporate Website Revamp, Anticipates Restoration within 7-10 DaysF Mec International Financial Services Limited has announced that its official corporate website is temporarily non-operational as the company undergoes a complete revamp and redesign of its digital presence. The upgrade aims to provide shareholders, investors, and stakeholders with an improved and enhanced user experience.The necessary upgradation activities include technical hosting migration and the implementation of a new website framework for www.fmecinternational.com. Due to these intensive operational changes, the company's site is currently temporarily unavailable while the IT teams work on the...

EMS Ltd Awarded Contract for Sewerage Work by Delhi Jal Board EMS Ltd has received the Lowest Bidder (L-1) status awarded by the Delhi Jal Board for a significant sewerage work project. The contract, valued at Rs. 15,828.57 lakhs inclusive of GST, pertains to laying and jointing internal and peripheral sewer lines in Tikri Kalan GOC under the command of the proposed STP at Tikri Kalan.The order was awarded by the Delhi Jal Board, Office of Executive Engineer(C) DR-XV Jal Sadan Annexe in Lajpat Nagar, New Delhi. The contract duration is specified for 15 months.The project falls under NIT-01 and has been awarded by a Domestic Entity. The company confirmed that this contract does not represent a related party transaction, nor does the...

Sylph Industries Ltd Accepts Resignation of CFO Sachin Singh Sylph Industries Ltd has accepted the resignation of Mr. Sachin Singh from the post of Chief Financial Officer (CFO), effective at the close of business hours on July 07, 2026. The company confirmed that the Board of Directors had received and accepted the resignation, which was tendered by Mr. Singh due to pre-occupation and personal reasons.The Board of Directors of Sylph Industries Limited noted Mr. Singh’s departure and recorded its sincere appreciation for the contributions he made while serving as CFO of the company.Mr. Sachin Singh tendered his resignation from the position of Chief Financial Officer (Key Managerial Personnel) of Sylph Industries Limited. The...

Atishay Ltd Awarded ₹ 47.06 Lakhs Work Order for Wi-Fi Network AMC at IIFM, Bhopal Atishay Ltd has secured a new contract from Bharat Sanchar Nigam Limited (BSNL), Bhopal, for the supply, installation, and commissioning of Wi-Fi network infrastructure and comprehensive Annual Maintenance Contract (AMC) work at IIFM, Bhopal.The work order, which reflects the trust placed in the company's technological capabilities, totals ₹ 47.06 Lakhs, inclusive of all applicable duties and taxes. The contract is with a domestic entity and falls under the nature of a service work order for the specified supply and commissioning job.Details regarding the awarded contract are as follows:ParticularsDetailsEntity Awarding OrderBharat Sanchar...

Massive Shift: MoSPI Unveils Framework for New Services Production Index, Targeting 50% of GVA Sector The services sector stands as a powerhouse in the Indian economy. It is described as the most dynamic and rapidly expanding segment, contributing nearly 53 percent of India's Gross Value Added (GVA). This robust sector generates substantial employment and has emerged as a key driver for national growth, investment, and exports.The release of the Technical Advisory Committee on Compilation of the Index of Services Production (ISP) represents a major strengthening of India's statistical measurement system. ISP is poised to provide, for the first time, a comprehensive monthly measure tracking short-term movements within the nation's...

Swastik Pipe Limited Appoints Forensic Auditor following NPA Classification by State Bank of IndiaSwastik Pipe Limited has engaged a Chartered Accountant firm to conduct a forensic audit of its accounts and transactions, following an account classification as a Non-Performing Asset (NPA) in January 2026. The appointment was initiated by the State Bank of India (SBI), which is the lead bank in the consortium involved with the company.The forensic audit involves a fact-finding review covering the past six financial years of the company's operations. SBI intimated the appointment of M/S Pawan Puri & Associates to conduct the comprehensive audit and review.The audit pertains to fund-based and non-fund-based credit facilities provided...

Deutsche Bank Cautions on AI Hype: 'Productivity Gains Are Still Years Away' Artificial intelligence promises revolutionary boosts to productivity, but achieving these economic benefits may take several years, according to Jim Reid of Deutsche Bank. The global head of macro and thematic research at the German lender’s institute expressed his excitement about AI’s potential for transformation. However, he stressed that properly integrating this technology into enterprises will require significant time and careful management.The Timeline for Embedding AI Benefits Reid stated in an interview with Bloomberg Television that his career has not presented anything comparable to the potential of AI when considering productivity gains. While...

India Overhauls BIT Model to Shield FPIs, Guaranteeing Faster Arbitration Access A significant shift is underway in India's bilateral trade framework as new Bilateral Investment Treaties (BITs) are being redesigned to specifically incorporate safeguards for Foreign Portfolio Investors (FPIs). This move aims to substantially enhance the ease of doing business and boost investor confidence by addressing concerns regarding portfolio asset treatment. The revised BIT model, expected in the coming months, seeks to eliminate gaps that previously existed between long-term direct investments and more sensitive FPI portfolios.A BIT serves as a crucial pact between two nations designed to protect and promote investments. These treaties provide...

Ideaforge Technology Announces Board Meeting to Approve Q1 Un-Audited Financial Results A meeting of the Board of Directors has been scheduled for Ideaforge Technology Limited to review and approve the Un-Audited Financial Results on both Standalone and Consolidated bases. The results pertain to the Quarter ended June 30, 2026.The board meeting is set for Thursday, July 16, 2026.In addition to the meeting announcement, the company has also outlined restrictions concerning insider trading. In line with internal codes of conduct and regulations related to the prohibition of insider trading, the trading window in the securities of the company will remain closed for Directors, Officers, Designated persons, and their immediate relatives...

Metal Optics Breakthrough: How Tiny Strain Can Unlock Programmable Nanophotonic Devices Overturning Physics: Researchers Tune Metals with Mechanical Strain A significant breakthrough originating from Bengaluru has overturned a decades-old assumption in physics. Researchers have successfully demonstrated that the optical properties of metals can be actively tuned by applying mechanical strain. This finding moves beyond traditional materials science, opening new pathways for developing fully reconfigurable and programmable optical devices.The ability to control light interaction within metal structures is crucial for next-generation technology. The research team focused on transforming plasmonics from a fixed component into an active...

Wipro Board Meeting Scheduled for Mid-July to Approve Q1 Financial Results and Discuss Dividend Declaration Wipro Limited has scheduled its next meeting of the Board of Directors for July 15-16, 2026. The meeting is set to consider and approve various aspects related to the company's performance during the quarter ending June 30, 2026.The agenda items slated for review include the condensed audited standalone financial results prepared under IIndAS, as well as the condensed audited consolidated financial results prepared under IFRS for the same period. Furthermore, the Board is scheduled to deliberate on the declaration of an interim dividend for the financial year 2026-27.The final approval of these financial results by the Board...

Chembond Chemicals Announces Board Meeting to Approve Quarter-End Financial Results; Insider Trading Restrictions Confirmed Chembond Chemicals Ltd has scheduled a Board of Directors meeting to review and approve the Un-Audited Financial Results for the quarter ending June 30, 2026. The company also confirmed details regarding insider trading restrictions related to this event.The meeting is set to take place on Thursday, July 16, 2026. During the board session, directors will consider and approve the Un-Audited Financial Results for both the Standalone and Consolidated bases for the quarter ended June 30, 2026.In adherence to regulations regarding insider trading, the company announced that the trading window for its Directors...