Markets

VP Urges Breakthrough in Cotton Ecosystem After Review of Kapas Kanti Mission The Vice President of India, Shri C. P. Radhakrishnan, was briefed on the strategic national effort to boost agricultural output during a high-level meeting at Uprashtrapati Bhavan today. The briefing centered on the comprehensive goals and mechanisms of the Mission for Cotton Productivity (Kapas Kanti). Union Minister of Agriculture & Farmers' Welfare and Rural Development, Shri Shivraj Singh Chouhan, presented the mission details alongside senior officials from both the Ministry of Agriculture & Farmers' Welfare and the Textiles Ministry.Key Pillars Driving India's Cotton Productivity Mission The briefing provided a deep dive into the three essential...

Nomura Selects Top Banks as Q1 Loan Growth Solidifies Resilience Amid Peer Divergence Nomura has concluded that loan growth momentum remains intact for Indian banks during the June quarter. While many lenders reported healthy business updates, the brokerage noted widening differences in performance across peer groups. The analysis reviewed provisional Q1FY27 data from several major and mid-sized financial institutions.Market Resilience and Divergence in Banking Sector The latest updates indicate that loan growth remains resilient within the sector. Crucially, Nomura points out that this divergence is now becoming more evident within individual peer groups, rather than simply between private and public sector banks. The brokerage...

Maiden Forgings Reports Robust Operational Performance in Q1 FY 2026-27 Maiden Forgings Limited has announced strong financial and operational results for the first quarter (Q1) of the financial year 2026-27, showing significant growth despite geopolitical turbulence.The company reported a notable increase in revenue for Q1 FY 2026-27, achieving ₹64.96 Crore. This marks a substantial rise compared to the previous quarter's performance in Q1 FY 2025-26, when revenue stood at ₹52.06 Crore.The growth in financial performance was mirrored by operational success. The quantity produced during Q1 of 2026-27 reached 9,750 MT, representing a healthy increase compared to the 7,977 MT recorded in Q1 FY 2025-26.These results reflect...

Jetmall Spices and Masala Ltd Renames to Artemis ADR Marketplace Limited The company previously known as Jetmall Spices and Masala Ltd has successfully completed its name change and is now operating under the new identity, Artemis ADR Marketplace Limited. This transition was formally processed following approval from the BSE Limited (BSE).Effective July 09, 2026, the registered name of the company will be reflected as Artemis ADR Marketplace Limited in the exchange's master records. This change involves updating specific listing identifiers associated with the entity.The details regarding the previous and new designations are as follows:Scrip CodeExisting NameNew NameScrip ID for BOLT Plus SystemAbbreviated name on BOLT Plus...

Future Lifestyle Fashions Ltd Conducts Thirty Eighth Meeting of Committee of Creditors Future Lifestyle Fashions Limited, which is currently under Corporate Insolvency Resolution Process (CIRP), held its thirty eighth meeting of the Committee of Creditors (CoC) on Monday, July 6, 2026. The meeting pertains to the ongoing resolution process for the company.The affair and assets of Future Lifestyle Fashions Limited are being managed by the Resolution Professional, Mr. Ravi Sethia. He was appointed as the Resolution Professional by the National Company Law Tribunal (NCLT) on May 4, 2023. This appointment was subsequently confirmed during the first CoC meeting, which took place on June 6, 2023.FLFL Stock Price Movement Future Lifestyle...

DiGiSPICE Technologies Announces Resignation of Vice President Ruchi Mehta After Over 19 Years DiGiSPICE Technologies Limited has announced the resignation of Ms. Ruchi Mehta from her role as Vice President - Corporate Affairs and Senior Management Personnel. The company accepted her resignation on July 7, 2026.Ms. Mehta tendered her resignation on July 6, 2026, stating that she is stepping down to pursue independent professional opportunities. She described her association with the group as enriching and deeply rewarding, noting an tenure of over 19 years.The company has confirmed that Ms. Ruchi Mehta will be serving her notice period until October 5, 2026.Key details regarding the change in management are summarized below...

Kothari Fermentation & Biochem Faces Penalty Notice from PVVNL over Delayed Bank GuaranteesKothari Fermentation & Biochem Ltd has received a communication and penalty notice from Paschimanchal Vidyut Vitran Nigam Limited (PVVNL) regarding the delayed renewal or submission of Bank Guarantees related to Additional Security Deposits.The penalty notice, dated June 29, 2026, and bearing Letter No. 2127, levies a penalty of ¥52,17,724/- against the company. The notice concerns the alleged delay in renewing or submitting the required Bank Guarantees towards the Additional Security Deposit.The company has disputed the levied penalty. It asserts that the underlying requirement was duly complied with and that the alleged penalty arose due...

UHM Vacation Ltd Set to Participate in Travel & Tourism Fair Kolkata 2026 UHM Vacation Limited, formerly known as UHM Vacation Private Limited, announced its participation in the prestigious Travel & Tourism Fair (TTF) Kolkata 2026. The company will attend this leading travel trade exhibition in Eastern India on July 10, 2026, at the Biswa Bangla Mela Prangan in Kolkata.The event provides UHM Vacation Limited with a significant platform to connect and engage with key industry players across both Indian domestic and international markets. Attendees will include travel agents, tour operators, destination management companies (DMCs), airlines, tourism boards, corporate travel service providers, and other relevant stakeholders.The...

Reliance Communications Reports Financial Indebtedness amid Insolvency Resolution Process Reliance Communications Limited (RCOM) has reported details regarding its financial indebtedness as of June 30, 2026, confirming that the company is undergoing corporate insolvency resolution under the provisions of the Insolvency and Bankruptcy Code, 2016. Consequently, all outstanding debts are being resolved according to the stipulations of the Code.The reporting details pertain to defaults concerning payment of interest or repayment of principal amount on loans from financial institutions and listed debt securities as of June 30, 2026.Financial data detailing RCOM's exposure stands as follows:Financial MetricAmount in Crore (Rs)Total...

Govt Likely to Introduce E25 Petrol in 'Calculated Manner' After Assessing Impact on Vehicle Performance Government Weighs Feasibility Before Green-lighting E25 Fuel Blend The government is likely to adopt E25 petrol, a blend consisting of 75 percent petrol and 25 percent ethanol, but it will do so in a "calculated manner." This decision follows consultation with industry stakeholders amid growing concerns regarding the impact of higher ethanol blends on vehicle performance and fuel efficiency.Official sources confirmed that the Centre is currently assessing the existing E20 blend. The assessment covers various aspects including vehicle components, engine performance, and mileage before any final move toward E25 can be made. A...

Trejhara Solutions to Hold Board Meeting to Approve Q1 Financial Results; Trading Window Closure Announced Trejhara Solutions Ltd has announced that a meeting of its Board of Directors is scheduled for Tuesday, August 04, 2026. The primary agenda item for the board meeting is to consider and approve the Un-Audited (Standalone & Consolidated) Financial Results of the Company for the quarter ending June 30, 2026.In addition to the Board meeting announcement, the company has provided details regarding the closure of its trading window concerning the company's securities.The Trading Window for dealing in Trejhara Solutions Ltd securities will be closed starting from Wednesday, July 01, 2026. The restriction on trading is set to remain...

Vintage Coffee And Beverages Ltd Allots Equity Shares Following Conversion of Warrants by Promoter Vintage Coffee And Beverages Limited announced that its Board of Directors has approved the allotment of 8,00,000 equity shares upon the conversion of convertible warrants held by Mr. Tati Sai Teja. The approval was granted following a Circular Resolution passed on July 7, 2026.The company allotted the new shares to Mr. Tati Sai Teja, categorized as a Promoter, at an issue price of Rs. 124/- per Equity Share. These equity shares are fully paid-up and have a face value of Rs. 10/- each, carrying a premium of Rs. 114/-, aggregating to a total consideration of Rs. 9,92,00,000/- (Rupees Nine Crores Ninety-two Lakhs Only).This action...

Shigan Quantum Technologies Promoters Confirm No Encumbrance on Equity Shares During Financial Year 2025-2026 Shigan Quantum Technologies Limited confirmed that none of its promoters or constituent promoter groups had made any encumbrance, either directly or indirectly, on their respective equity shares in the company during the financial year ended March 31, 2026.The declarations cover various promoter entities and individuals who hold significant equity stakes in the company. The confirmations confirm that all specified holdings remained free from such charges throughout the relevant period.Details of the promoters and the number of equity shares held by each entity or individual are provided below:Promoter/Promoter...

SpaceX Surges into Nasdaq 100 as Wall Street Brokerages Launch Bullish Marathon on AI and Long-Term Growth SpaceX has officially joined the prestigious Nasdaq 100 Index, a move that has triggered significant interest from Wall Street brokerages. Following their initial $86 billion IPO, at least six major firms, including Morgan Stanley and Goldman Sachs Group Inc., have begun launching coverage. The consensus among analysts is overwhelmingly bullish, viewing Elon Musk’s rocket and AI company as far more than a high-risk moonshot.These new analyst frameworks are designed to value SpaceX not simply by its current space launches but by its future potential in the burgeoning AI services market. Morgan Stanley highlights that while...

Ansal Properties Reports Significant Loan Defaults and Project Status Update for Q2 FY26 Ansal Properties & Infrastructure Limited has disclosed details regarding defaults on loans from banks and financial institutions for the quarter ending June 30, 2026. The company reported a high degree of default against its total outstanding loans.The reporting also provided an update on several key projects currently managed under specific resolution processes. These include the Lucknow and Rajasthan projects, which are confined to Corporate Insolvency Resolution Process (CIRP) under CP No: IB 558(ND)/2024. This confinement was established following a settlement agreement dated March 3, 2022, involving IL&FS Financial Services Limited and Ansal...

India Ratings Upgrades Pasupati Spinning & Weaving Mills Ltd Credit Rating to IND BB Pasupati Spinning & Weaving Mills Limited has received a credit rating upgrade from India Ratings & Research Private Limited. The agency revised the company's bank loan facilities rating to 'IND BB,' moving up from 'IND BB-'.India Ratings also affirmed the short term rating for the company's bank facilities as 'IND A4+'. This development follows an assessment of the company’s various financial commitments and lending facilities.The ratings action confirms that Pasupati Spinning & Weaving Mills Ltd has multiple banking relationships, holding varied facilities from several major banks in both fund-based and non-fund based categories.Banking...

Seshasayee Paper and Boards Ltd Announces Board Meeting for Q4 Financial Results Seshasayee Paper and Boards Ltd has scheduled a Board of Directors meeting to review and approve the financial performance of the company for the quarter ending June 30, 2026.The board meeting is set for Saturday, July 25, 2026. The primary agenda item for the gathering will be the consideration and approval of both the Standalone and Consolidated Un-audited Financial Results pertaining to the specified quarter.SESHAPAPER Stock Price Movement As of 3:27 PM, shares of Seshasayee Paper and Boards Limited are shedding 0.84% in live trading, currently slipping to ₹228.18. The stock is experiencing moderate selling pressure amid a day's traded volume of...

Raunaq International Lands Rs 18.10 Crores in Work Orders from Ambuja Cements Raunaq International Ltd has secured multiple work orders from Ambuja Cements Limited, totaling an aggregate value of Rs 18.10 Crores (exclusive of taxes). The contracts pertain to the supply, erection, testing, and commissioning of raw water pipeline and associated equipment for ACL Maratha.The project involves two distinct orders awarded by Ambuja Cements Limited. The first contract covers the Supply, Erection, Testing, and Commissioning (STC) services, valued at Rs 10.85 Crores. The second order focuses specifically on the Erection, Testing, and Commissioning (ETC), amounting to Rs 7.25 Crores.The total project scope is set to be executed within a...

PlatinumOne Business Services Ltd Board Meeting Scheduled to Determine 18th AGM Details and Dividend Record Date PlatinumOne Business Services Ltd announced that its Board of Directors would hold a meeting on Monday, July 13, 2026. The meeting is scheduled for 4:00 p.m. at the company's Registered Office.The agenda for the board meeting includes several critical matters pertaining to the upcoming 18th Annual General Meeting (AGM) and financial reporting.Key items set for discussion and decision during the board meeting include:Approving the Directors' Report along with its associated Annexures. Determining the specific day, date, and time for convening the 18th Annual General Meeting of the company. Finalizing the Book Closure...

Platinum Industries States Trading Volume Movement Is Market Driven Platinum Industries Ltd has clarified its position regarding the movement in the traded volume of its equity shares, asserting that the volume fluctuations are purely market driven and reflective of broader market conditions.In response to an inquiry concerning the trading volume of its stock, the company stated that it has diligently discharged all obligations related to material events and information, ensuring full compliance with relevant disclosure requirements.The company emphasized that no material event or announcement has been withheld that would bear upon the price or trading volume of its shares. Platinum Industries Ltd maintained that it has complied...