Markets

Viviana Power Tech Awarded Turnkey Contract with DGVCL Worth Rs 41.5 Crore Viviana Power Tech Limited has secured a significant turnkey contract from M/s. Dakshin Gujarat Vij Company Limited (DGVCL). The contract, valued at Rs 41,50,36,976.00 inclusive of taxes, involves critical infrastructure work for DGVCL divisions under the Overhead to Underground Scheme or other related schemes.The contract awarded by DGVCL covers the comprehensive scope of Supply, Laying, Installation, Testing, and Commissioning of 11KV underground cable. Additionally, the scope includes erection and dismantling work of TCDP/Pole across various DGVCL Divisions. The contract was officially received by Viviana Power Tech Limited on July 6, 2026.The business...

Crown Lifters Limited Approves Committee Reconstructions at Board Meeting Crown Lifters Limited's Board of Directors meeting led to the approval of reconstitutions across two key committees: the Audit Committee and the Nomination and Remuneration Committee, effective from July 7, 2026.The Board approved changes to the composition of the Audit Committee. The committee includes Amit Bhalchandra Nandedkar as Chairperson, along with Karim Kamruddin Jaria and Sanjay Dhayal as members.The current structure of the Audit Committee is detailed below:Sr.NoName of DirectorCategoryPosition1.Amit Bhalchandra NandedkarNon-Executive - Independent DirectorChairperson2.Karim Kamruddin JariaExecutive DirectorMember3.Sanjay...

Ministry of New and Renewable Energy Approves Solarium Green Energy Ltd for Solar PV Modules Manufacturing Solarium Green Energy Limited has been included in the Approved List of Models and Manufacturers (ALMM) for Solar PV Modules by the Ministry of New and Renewable Energy (MNRE), Government of India. This inclusion marks a significant milestone for the Company's manufacturing business, according to details released on July 07, 2026.As per the ALMM list published by MNRE on July 06, 2026, Solarium Green Energy Limited’s facility in Ahmedabad has been enlisted with an approved manufacturing capacity of 1.23 GW per annum. The manufacturing unit is located at Survey No. 508/1 & 508/2 in Village Miroli, Daskroi, Ahmedabad, Gujarat...

Pune E - Stock Broking Ltd Completes Preferential Allotment of Equity Shares Pune E - Stock Broking Limited announced the conversion and allotment of equity shares arising from warrants, noting that the transaction resulted in an increase in the company's paid-up capital.The company's Board of Directors approved the allotment of 100,000 equity shares to M/S Viney Equity Market LLP, a non-promoter group entity. These shares were issued upon the conversion of an equivalent number of warrants. The issuance details include a face value of Rs. 10/- per share and were set at an issue price of Rs. 171/- per share, which includes a premium of Rs. 161/ per share.The allotment was completed following the receipt of balance consideration...

Crown Lifters Limited Appoints Mrs. Natasha Nizar Rajwani as Additional Director Crown Lifters Limited has appointed Mrs. Natasha Nizar Rajwani as an Additional Non-Executive Non-Independent Director on its Board of Directors. The appointment was approved by the Board of Directors during a meeting held on July 07, 2026, and is effective immediately.Mrs. Rajwani, who holds DIN: 11804744, will serve as an Additional Director, subject to shareholder approval. As stipulated, she is liable to retire by rotation.The Board meeting commenced at 11:30 A.M. and concluded at 12:30 P.M. on the day of the appointment.Profile and Disclosure Details Mrs. Natasha Nizar Rajwani was appointed in the category of Non-Executive, Non-Independent...

Trustedge Capital Board Appoints Two New Directors and Notes Resignation of Promoter Director Trustedge Capital Ltd, formerly known as Adinath Exim Resources Limited, finalized several key appointments and noted a resignation from its board following a meeting held on July 7, 2026. The company appointed two additional directors to strengthen its governance structure while recording the departure of Mrs. Vidhi Shail Savla.The Board of Directors approved the appointment of Mr. Shail Manoj Savla as an Additional Director (Promoter, Non-Executive) and Mr. Narayanan Sadanandan as an Additional Director (Non-Executive and Independent Director). The company also recorded the resignation of Mrs. Vidhi Shail Savla from her position as Director...

Swiggy Ltd Reports Aggregate Foreign Investment at 49.76% of Equity Share Capital Mumbai: Swiggy Limited has reported that as of July 06, 2026, the aggregate foreign investment in the company stands at approximately 49.76% of the total paid-up equity share capital on a fully diluted basis. This figure encompasses all forms of foreign investment, including Foreign Portfolio Investment (FPI), Foreign Direct Investment (FDI), and other indirect foreign investment, based on data available from the designated depository.The company confirmed that this investment metric does not result in any change to its ownership or control status. Furthermore, the aggregate foreign investment has no impact on Swiggy’s share capital, management...

Goa Carbon Ltd. Schedules Board Meeting to Review Q1 FY27 Unaudited Financial Results Goa Carbon Limited has scheduled a meeting of its Board of Directors to review and take on record the unaudited financial results for the quarter ending June 30, 2026.The board meeting is set to be held on Wednesday, July 15, 2026.The primary agenda item for the meeting will be the consideration and formal recording of the company’s performance during the specified quarter. The results include unaudited financial figures pertinent to the period ending June 30, 2026.GOACARBON Stock Price Movement As of 12:49 PM, shares of Goa Carbon Limited are shedding 1.23% in live trading, currently at ₹381.00. The stock has seen a trade volume of 5,570 shares...

Saptarishi Agro Industries Holds Board Meeting, Approving Operational and Banking Matters Saptarishi Agro Industries Ltd held a meeting of its Board of Directors on July 07, 2026, at the company's corporate office. The board considered and approved various general business matters related to banking and operations during the ordinary course of business.The meetings commenced at 11:00 AM and concluded at 11:31 AM.During the session, the Board granted necessary authorizations pertaining to operational matters, as well as addressing several banking requirements for the company. The materials reviewed and decisions made by the directors during the meeting were routine business actions that did not require specific disclosure under...

Purohit Construction Ltd Contributes Capital, Gains Stake in New LLP EntityPurohit Construction Ltd has established a financial interest in 'PEB PCL INFRACON LLP', following the incorporation of the Limited Liability Partnership on July 6, 2026. The entity is set up to carry out business related to prefabricated constructions and construction projects.The partnership move involves Purohit Construction contributing ₹ 51,000 towards the LLP’s total capital contribution of ₹ 1,00,000. As a result of this investment, the company is entitled to a 51% share in both the profits and losses of PEB PCL INFRACON LLP.Purohit Construction Ltd's participation in the new Limited Liability Partnership (LLP) is facilitated through its nominee, Mr...

Maritime Pact and Tech Surge: India Forges New Golden Chapter with Indonesia in Defense, AI, and Blue Economy Strategic Partnership Solidifies Bilateral Ties The relationship between India and Indonesia is entering a new phase of rapid growth, marked by a comprehensive strategic partnership covering defense, technology, and sustainable development. During a joint press statement, the Prime Minister emphasized that the increasing trust between both nations signifies the start of a "golden chapter" for Indo-Indonesian collaboration. This commitment spans multiple critical areas, from securing maritime trade routes to advancing digital public infrastructure.The PM expressed deep gratitude to President Prabowo and the Indonesian...

Simbhaoli Sugars Reports Total Financial Indebtedness of 3464.96 Crores as of June 30, 2026 Simbaholi Sugars Limited has reported its total financial indebtedness and details regarding debt payment status in banks and financial institutions as of June 30, 2026. The company's Grant Total (Principal and Interest) stands at 3464.96 Crores as of the aforementioned date.The report provides a detailed view of the company’s borrowings, categorized into loans from financial institutions and unlisted debt securities.As of June 30, 2026, the total amount outstanding under revolving facilities like Cash Credit from banks or financial institutions is reported at 3464.96 Crores, with the entire outstanding amount noted as a default. Unlisted...

TANFAC Industries Completes QIP, Approves Preferential Issue in Multi-Crore Funding Drive for Growth TANFAC Industries Limited, a key player in India's fluorine chemicals sector, has successfully completed the first tranche of its funding drive and secured approval for a preferential issue. The Company is utilizing these capital infusions to bolster strategic growth initiatives, including expansion into the R-32 refrigerant gas segment and expanding its portfolio of value-added fluorochemical products.The company completed a Qualified Institutional Placement (QIP) on June 25, 2026, in which it allotted 1,258,918 equity shares, raising approximately ₹ 250 crore from marquee institutional investors.Further bolstering its financial...

Open Offer for Sharp India Shareholders by Smart Services Private Limited; Acquirer seeks 25% stake Smart Services Private Limited has launched an open offer to acquire equity shares of Sharp India Limited (the Target Company). The acquisition aims to secure a 25.00% stake in the company's fully paid-up and voting share capital.The Post Offer Advertisement, issued by Navigant Corporate Advisors Limited on behalf of Smart Services Private Limited, outlined the details of the open offer regarding Sharp India Limited. This initiative involves acquiring up to 64,86,000 equity shares of Sharp India Limited at a price of Rs. 10.00 per fully paid-up Equity Share.Key entities involved in the acquisition include:ParticularDetails...

SG Finserve Limited Board Meeting Scheduled to Approve Q1 Unaudited Financial Results SG Finserve Ltd has announced the scheduling of its Board of Directors meeting to review and approve the unaudited financial results for the quarter ended June 30, 2026.The company's Board of Directors is set to convene on Tuesday, July 14, 2026. The primary agenda item for the meeting will be considering and approving the unaudited financial results pertaining to the quarter that concluded on June 30, 2026.In parallel operational updates, SG Finserve Ltd provided information regarding its trading window status. The company confirmed that the trading window for dealing in its equity shares has been closed as of July 01, 2026. The trading window is...

ICRA ESG Ratings Limited Revises Dodla Dairy Ltd's ESG Impact Rating to 71 (Good) ICRA ESG Ratings Limited has revised the Environmental, Social, and Governance (ESG) Impact Rating for Dodla Dairy Limited. The rating was updated from a previous score of 70 (Good) to a new score of 71 (Good).The revision follows an annual surveillance carried out by ICRA ESG Ratings Limited based on their established review process.According to the detailed outcome provided in Annexure I, the company's overall impact rating increased marginally. The ESG Impact Rating structure is broken down into three key pillars: Environment, Social, and Governance.ESG MetricPrevious ScoreSymbolRevised ScoreNew StatusESG Impact Rating70Good71Good...

Adani Enterprises' Kutch Copper Achieves LME Brand Registration for Grade-A CathodesKutch Copper Limited (KCL), a subsidiary of Adani Enterprises Ltd (AEL), has secured London Metal Exchange (LME) certification for its 'Adani Copper' brand. The achievement positions Adani Copper as a globally competitive producer of refined copper, enabling the cathodes to be delivered against LME Copper futures contracts from July 10, 2026.The approval from the world center for the trading of industrial metals validates KCL's manufacturing excellence and responsible sourcing practices against stringent global benchmarks. This certification grants Adani Copper the status of a Good Delivery brand for 'Copper Grade A' contracts, placing it alongside...

Gold Rally Status Check: DSP Warns Investors to Resist Overbuying Despite Strong Performance Gold's sustained rally continues to impress investors globally, demonstrating remarkable resilience in asset classes. However, the latest report from DSP Mutual Fund cautions against aggressively increasing gold allocations at current price levels. The fund advises that while precious metals have significantly outperformed many competing assets this cycle, the risk-reward margin is currently balanced and attractive buying opportunities may yet to emerge.Current Valuation and Investment Stance DSP notes that the current pricing of gold does not yet offer sufficient incentive for overweighting the metal. According to the report, the market is in...

Larsen & Toubro Secures Moody's Baa1 Rating, Positioning Firm Two Notches Above India’s Sovereign Grade Larsen & Toubro Limited (L&T) has achieved a significant milestone in its credit profile, securing a 'Baa1' long term issuer rating with a 'Stable' outlook from Moody's Ratings. The assessment reinforces the Group's robust financial resilience and ability to meet its commitments.The 'Baa1' designation places L&T within the quality investment-grade category, signifying a strong capacity to manage its financial obligations while maintaining a low level of credit risk. This rating is viewed as an indicator of L&T’s prudent financial management and consistent operational performance across various business segments.The Stable outlook...

TCS Q1 Preview: AI Bets and Workforce Shift Define Fate as IT Sector Faces Spending Squeeze The country's largest IT services firm, Tata Consultancy Services (TCS), is set to lead the FY27 earnings scrutiny on July 9th. The company faces a pivotal moment, needing to demonstrate a clear path forward as global demand softens and its business model navigates the disruptive impact of Artificial Intelligence (AI).Investors are not merely focused on quarterly results; they seek reassurance regarding how TCS will navigate significant headwinds, including cautious discretionary spending, geopolitical tensions in the Middle East, and strategic shifts in hiring.Navigating Margin Pressure Amid Macro Headwinds Brokerages anticipate subdued...