Markets

Exhicon Events Media Solutions Ltd Announces Preferential Issue of Warrants, Approves EOGM, and Appoints New Statutory Auditor Exhicon Events Media Solutions Ltd has announced several key corporate decisions following its Board meeting held on July 07, 2026. The company approved the preferential issue of Equity Convertible Warrants to promoters and appointed M/s Bilimoria Mehta & Co. as the Statutory Auditor for a term of five years.Preferential Issue of Equity Convertible Warrants The Board considered and approved the Offer, Issue and Allotment of 5,00,000 Equity Convertible Warrants. The warrants are being issued at a price of Rs 479/- each, including a premium of Rs 469/- per warrant on a preferential basis to the company's...

New Markets Avenue Ltd Completes Warrant Conversion and Appoints Secretarial Auditor New Markets Avenue Ltd (formerly New Markets Advisory Limited) announced several corporate developments including the conversion of warrants into equity shares and the appointment of a Secretarial Auditor for the financial year 2025-26.The company approved the conversion of 53,00,000 warrants into 53,00,000 Equity Shares of face value Rs. 10/- each at par on a preferential allotment basis. This action was taken following a Board meeting held on July 4, 2026.The equity shares were allotted to five allottees:Mrs. Chhaya Gaurang Shah (Non-Promoter Public) M/s. Mamta Securities Private Limited (Non-Promoter Public) M/s. Spring Trade Mercantile Private...

Dolat Algotech Limited Certifies Commercial Paper Issuance for Quarter Ended June 30, 2026Dolat Algotech Limited has confirmed the issuance and usage of its Commercial Papers (CP) for the quarter ended June 30, 2026. The certification details that the CPs were issued to meet various operational and financial requirements of the company.According to the certified report, the proceeds from the Commercial Papers were utilized to address ongoing funding needs, mark to market obligations, working capital requirements, and other designated corporate purposes.The company further certified adherence to all listing conditions established in the Operational Circular regarding the issue and listing of the Commercial Paper dated August 10...

Bombay Wire Ropes Ltd Receives Labour Union Communication Regarding Court and Tribunal Compensation Orders Bombay Wire Ropes Ltd has received communication from a labour union concerning orders issued by various tribunals in Maharashtra regarding long-standing compensation payments to workmen. The company confirmed the details of these legal directives, which relate to compensation awards spanning several periods.The correspondence relates to two specific judicial actions. First, an Order dated January 24, 2026, was issued by the Industrial Court, Maharashtra, Thane (Complaint No. 238 of 1995). This order directed Bombay Wire Ropes Ltd to pay compensation at the rate of Rs. 1,00,000/- per year per workman for the period extending from...

KCK Industries Announces Preferential Share Offer and De-merger of Land Assets into Subsidiary KCK Industries Limited announced significant corporate decisions on July 3, 2026, approving a substantial preferential issue of shares and advancing a draft scheme for the de-merger of land assets to its wholly owned subsidiary. The Board meeting also addressed changes in office locations and key management appointments.Capital Market Operations and Preferential Issue The Board approved a plan to issue up to 25,00,00,000 equity shares on a preferential basis for an aggregate amount of up to Rs. 50,00,00,000/- (Rupees Fifty Crores Only). These shares are offered at an issue price of Rs. 20/- per share or a higher price determined by relevant...

Cognizant Secures Massive Legal Victory: Bombay High Court Crushes Atyati's Injunction Demand in Logo Dispute NASDAQ-listed IT services giant Cognizant has achieved a significant legal victory following the Bombay High Court’s dismissal of an interim injunction application filed by Bengaluru-based Atyati Technologies. This ruling decisively addresses a long-running trademark dispute concerning Cognizant's use of its company logo, firmly reaffirming the services company's operational standing.Landmark Ruling in Trademark Dispute The order represents a crucial development in the protracted legal battle over Cognizant’s branding. The Bombay High Court dismissed Atyati's interim injunction request, granting a major win to Cognizant at...

KP Green Engineering Secures New Orders Valued at ₹ 239.61 Crores across Diverse Sectors KP Green Engineering Ltd has announced that it secured fresh confirmed orders from multiple clients, aggregating to ₹ 239.61 Crores (including taxes). These contracts span various business segments and affirm the company's strengthening position as a solutions provider in engineering, fabrication, and structural support roles.The newly acquired orders underscore the company’s robust execution capabilities and expanding product portfolio across high-growth areas, including renewable energy, transmission infrastructure, and industrial sectors.Details of the confirmed orders are provided below:SegmentAmount (₹ crore) incl. taxesDescription...

CRISIS REGTECH SOLUTIONS PROVIDES CLARIFICATION ON CREDIT RATING WITHDRAWAL BY INDIA RATINGS IRIS RegTech Solutions Ltd has issued a clarification regarding the withdrawal of a specific credit rating assigned by India Ratings & Research Pvt. Ltd., ensuring that investors and stakeholders have complete factual background on the matter.The rating withdrawn by India Ratings pertained solely to a set of credit facilities previously availed by the company from Federal Bank Limited. The facilities, which aggregated up to ₹170 million, have since been fully repaid and closed by IRIS RegTech Solutions Ltd.Following the closure of these underlying facilities, the Company had formally requested India Ratings to withdraw the associated rating...

Syschem India Ltd. Converts Warrants to Equity Shares; Total Capital Reaches Rs 53 Crore Lakh Fifty Five Thousand Syschem India Ltd. announced that its Board of Directors approved the allotment of equity shares resulting from the conversion of warrants during a meeting held on July 07, 2026. This move expanded the company's issued and paid-up capital structure.The Company allotted a total of 43,52,500 equity shares to members belonging to the Promoter and Promoter group. The allotment was carried out on a preferential basis upon the exercise of their rights to convert warrants into equity shares. The issue price for both the warrants and the resulting equity shares was set at Rs 49/- each, including a premium of Rs 39/- each.The...

Garware Hi-Tech Films Receives Credit Rating Update from CARE Ratings Limited Garware Hi-Tech Films Ltd has received a credit rating update from CARE Ratings Limited regarding its bank facilities, according to a communication dated July 6, 2026.The ratings address both long-term and short-term bank facilities, reflecting the company's financial standing as assessed by the agency.For long-term banking arrangements, Garware Hi-Tech Films has been upgraded by CARE Ratings Limited. The company's rating for these facilities is now CARE AA; Stable, having moved up from CARE AA-; Stable.In addition, the credit rating for short-term bank facilities was reaffirmed by CARE Ratings Limited as CARE A1+.The specific details of the updated...

Jaiprakash Power Ventures Ltd Reports Resignation of Non-Executive Director Manoj Gaur Jaiprakash Power Ventures Ltd has announced a change in its Board composition following the resignation of Shri Manoj Gaur. The company reported that Mr. Gaur has resigned from his role as a Non-Executive Director, effective July 6, 2026.Consequent to his departure from the Board, Shri Manoj Gaur will also cease to hold the position of Non-Executive Chairman of the Company.The details regarding this change in directorship are as follows:Change TypeResignationDate of CessationJuly 6, 2026Terms of AppointmentNot ApplicableBrief ProfileNot ApplicableDisclosure of Relationship between DirectorsNot ApplicableJPPOWER Stock Price...

Siyaram Recycling Industries Secures Rs 46,19,700 Order for Brass Scrap from Metal Scrap India Siyaram Recycling Industries Ltd has secured a significant order totaling Rs 46,19,700 from Metal Scrap India for the supply of Brass Scrap. The transaction involves a fixed cost contract and is scheduled for execution within seven days.The business arrangement details state that the order comes from a domestic entity. Siyaram Recycling Industries Ltd will be supplying the Brass Scrap to Metal Scrap India as part of this fixed cost commitment.Key details of the secured contract are summarized below:DetailDescriptionEntity Awarding OrderMetal Scrap IndiaProduct / Nature of OrderBrass Scrap (Fixed cost)Total Order ValueRs...

Actis Unveils $2 Billion Mega Sale of Renewable Giant BluPine Energy; Strategic Suitors Eye Clean Energy Breakthrough Actis, a major global infrastructure investor, has launched the comprehensive sale process for its Indian renewable energy platform, BluPine Energy. Industry sources report that the transaction is expected to be one of the largest deals in the domestic clean energy segment in recent years. Actis is seeking a premium enterprise valuation ranging from $2 billion to $2.5 billion for the significant asset.The Stakes of the Mega Transaction The sale of BluPine Energy arrives amid intense activity in India’s renewable sector. This move follows similar divestment efforts, such as the process recently undertaken by Shell Plc...

Cognizant Secures Critical Legal Victory as Bombay High Court Dismisses Atyati's Logo Dispute Plea NASDAQ-listed IT services giant Cognizant has achieved a significant legal win against Bengaluru-based Atyati Technologies. The Bombay High Court recently dismissed the interim injunction application filed by Atyati regarding the dispute over Cognizant’s company logo.This decisive ruling marks a major step in the prolonged trademark litigation between the two companies. It reaffirms Cognizant's position, following months of complex legal maneuvers involving multiple judicial levels.Rejection of Interim Injunction Provides Relief to Cognizant The dismissal means that Cognizant will not be bound by any interim restrictions based on...

India Ratings Withdraw Credit Rating for Bank Loan Facilities of Jaiprakash Power Ventures Ltd India Ratings and Research Pvt Ltd has withdrawn the credit rating assigned to certain bank loan facilities of Jaiprakash Power Ventures Ltd. This action was taken because the company does not plan to utilize any short term bank loans in the future.The withdrawal relates to Bank loan Facilities with a size of issue totaling Rs 5,000 million. The original rating assigned for this instrument was WD, which has now been withdrawn by the ratings agency.Details regarding the rating and facilities are as follows:Instrument TypeSize of Issue (Rs in million)Rating AssignedRating ActionBank loan Facilities5,000WDWithdrawnJPPOWER Stock...

Emerald Finance Ltd Partners with Vertex Industries to Launch Early-Wage-Access Program Emerald Finance Ltd has announced a strategic partnership with Vertex Industries Pvt. Ltd., Delhi, to introduce its new Early-Wage-Access program. This initiative aims to provide instant financial relief to employees by allowing them access to portions of their salaries throughout the month.The company's move reflects its commitment to expanding its offerings and serving retail customers. Emerald Finance has been actively developing a salary advance solution as part of this expansion effort.Under the new arrangement, the service involves short-term loans provided as a salary advance. The amount lent is subsequently collected through mandatory...

Growington Ventures India Confirms Non-Applicability of Obligations Related to Non-Convertible Securities for Q1 2026 Growington Ventures India Ltd has confirmed that certain compliance requirements related to non-convertible securities are not applicable to the company during the quarter ending June 30, 2026.The update provided by the company stated that the regulatory provisions were non-applicable as there were no non-convertible securities issued by Growington Ventures India Ltd. during this period.In relation to the financial standing of the company for the quarter ended June 30, 2026, the following statuses were confirmed:There was no payment due concerning interest, dividend, or principal obligations related to...

Siyaram Recycling Industries Secures Order Worth Rs 1,33,32,466 from Saanvi Metal Craft Siyaram Recycling Industries Ltd has secured a significant order from Saanvi Metal Craft for the supply of Brass Scrap Honey. The contract, valued at Rs 1,33,32,466, represents a fixed cost commitment from the domestic entity.The order details confirm that Siyaram Recycling Industries Ltd will execute the contract within seven days. Saanvi Metal Craft is the awarding entity for this transaction.Details regarding the secured order are summarized below:DetailDescriptionEntity Awarding OrderSaanvi Metal CraftProduct/Nature of TransactionBrass Scrap HoneyTotal ConsiderationRs 1,33,32,466/-Type of OrderFixed costTimeframe for...

Ceigall Secures Appointed Date for Construction of 6-Lane Greenfield Highway Project Ceigall India Limited's subsidiary, Ceigall VRK 12 Private Limited, has been informed by the National Highways Authority of India (NHAI) that July 6, 2026, is the Appointed Date for a major highway project. This development pertains to the construction of a significant greenfield corridor connecting Varanasi, Ranchi, and Kolkata under the Bharatmala Pariyojana in Jharkhand.The successful declaration of this appointed date marks a key milestone for the company as it progresses on infrastructure projects within India. The project involves constructing a 6-lane Greenfield Highway, scheduled from junction with NH-20 in Bongabar village to Junction with...

Ceigall India Ltd Receives Appointed Date for Construction of 6-Lane Greenfield Expressway in Jharkhand Ceigall India Ltd has been informed that the Appointed Date for a major infrastructure project under the Bharatmala Pariyojana in Jharkhand is July 6, 2026. This declaration was made by the National Highways Authority of India (NHAI) to Ceigall VRK 11 Private Limited, a subsidiary of the Company.The project involves the construction of a 6-lane Greenfield access control expressway running from Varanasi-Ranchi-Kolkata Highway in Jharkhand. The stretch runs from Donoreshan village to the junction with NH-20 in Bongabar village, covering kilometers 288.600 to km 325.500.The concession is structured under the Hybrid Annuity Mode...