Markets

BGR Energy Systems Ltd Reports Financial Indebtedness and Revolving Facility Status as of June 30, 2026 BGR Energy Systems Ltd has provided an update on its financial debt status and revolving facilities, detailing the amounts outstanding across various categories as of June 30, 2026.The company’s latest financial details show specific figures regarding loans, revolving facilities, unlisted debt securities, and overall financial indebtedness. Total financial indebtedness for the listed entity, encompassing both short-term and long-term debt, stands at Rs.4524.27 crores.Details concerning the outstanding amount of loans and revolving facilities are as follows:ParticularsAmount (INR Crores)Total Loans / Revolving Facilities...

K S Oils Limited Clarifies Media Reports Regarding Alleged 75 Crore Trade Finance Fraud K S Oils Limited has issued a clarification concerning media reports alleging involvement in a major trade finance fraud spanning the period from 2010 to 2014. The company addressed these claims, noting that its current operations and business continuity remain unaffected by the past allegations.The reported matter involves alleged trade finance fraud amounting to 75 crore, involving K S Oils and six former officials, according to reports seen in print, electronic, and social media.K S Oils Limited confirmed that as of the date of clarification, the company has not received any notice, summons, or official correspondence from the Central Bureau...

The Anup Engineering Limited Recommends Final Dividend of Rs 12 Per Share; Outlines TDS Structure for Shareholders The Anup Engineering Limited announced that its Board of Directors recommended the payment of a final dividend, detailing the Tax Deduction at Source (TDS) framework applicable across various shareholder categories.The company’s Board meeting, held on May 28, 2026, recommended the distribution of a final dividend amounting to Rs 12/- per equity share for the Financial Year ended March 31, 2026. The payment remains subject to approval by shareholders at the ensuing Annual General Meeting (AGM).In accordance with tax requirements under the Income-tax Act, 2025, the Company is required to withhold taxes on dividends paid...

Gold Jewellery Demand Surges as Precious Metal Prices Cool Amid Market Reset Demand for gold jewellery has seen a significant resurgence in June, coinciding with a correction in prices and the easing of geopolitical tensions across West Asia. After facing a period of dormancy due to sharp price increases and associated customs duties, sales are beginning to rebound strongly.At Dariba Kalan, one of Delhi’s premier jewellery hubs, foot traffic has increased substantially. Owners report that demand is robust as customers anticipate upcoming festival and wedding seasons.Market Rebound and Expert ViewpointsThe precious metal markets experienced a necessary correction from recent all-time highs. This fall in prices has been instrumental...

IHCL Reports 20 Hotel Signings and 11 Openings in Q1 FY2027; Portfolio Reaches 645 Hotels Indian Hotels Company Limited (IHCL), India’s largest hospitality company, has demonstrated significant growth momentum in the first quarter of fiscal year 2027. The company signed 20 new hotels and opened 11 new properties, bringing its total hotel portfolio to 645, with a pipeline comprising 263 hotels.Ms. Suma Venkatesh, Executive Vice President - Real Estate & Development at IHCL, noted that seventeen of the twenty signings in the quarter were concentrated across Gateway, Ginger, and Tree of Life. These developments spanned emerging markets such as Bharatpur, Trichy, Sindhudurg, Jawai, and Wayanad, while others deepened penetration in...

National Fertilizers Ltd Reports Zero Commercial Paper Issuance for Quarter Ended June 30, 2026 National Fertilizers Limited (NFL) has reported details concerning its Commercial Papers (CP) for the quarter ending June 30, 2026, noting that there was no CP issuance during that period. The company provided key certifications regarding its financial status and the usage of funds related to CPs.The review of commercial paper issued by NFL shows zero issuance for the specified quarter.A summary of Commercial Papers (CP) issued in the quarter ended June 30, 2026:S.No.Maturity Value of CP (Rs in Crore)UnitsTOTALNILN.A.In addition to the quarterly report, NFL confirmed that the total issuance of CPs during the calendar year up to...

Asahi Songwon Colors Appoints Maulik P. Shah as Chief Financial Officer and Key Managerial Personnel Asahi Songwon Colors Limited has appointed Mr. Maulik P. Shah as the Chief Financial Officer (CFO) and a Key Managerial Personnel (KMP) of the company, effective from July 07, 2026. The appointment was approved by the Board of Directors based on recommendations from the Nomination and Remuneration Committee and the Audit Committee.The company also authorized several personnel for determining the materiality of an event or information and for making disclosures to Stock Exchanges. Mr. Maulik P. Shah has been designated as both Managing Director and Chief Financial Officer, while Mr. Joseph Saji Varghese, Company Secretary & Compliance...

Srivasavi Adhesive Tapes Secures Significant Export Order from US Customer Srivasavi Adhesive Tapes Limited has secured a major export order for its technical adhesive tapes from a customer in the United States, boosting international business prospects.The order details reveal that the contract involves supplying technical adhesive tape to an International Entity. The total value of this significant order is reported at 77,880.60 USD (equivalent to approximately Rs. 74,27,590 excluding applicable tax).This transaction represents a key international win for the company in the adhesives sector. No interest exists from the promoter or promoter group companies in the awarding entity, and the order is not classified as a related party...

JD Cables Ltd Commences Production at New Manufacturing Unit for Conductor Division JD Cables Ltd has successfully begun production for its Conductor Division at a new manufacturing unit located in West Bengal. The commencement of operations was completed on July 06, 2026.The new facility is situated at Chakundi, Star Battery Gate, Dankuni, Hooghly-712310 West Bengal.The company has established an installed capacity of 28000 kms at this manufacturing unit.Stock Price Movement As of 12:14, JD Cables Ltd shares are ticking down at ₹240.50, having dropped by 1.13%. The stock moved within its intraday range, trading between a low of ₹235.05 and a high of ₹241.55.

AMPL Capital Limited Affirms Share Price Movements Are Driven Purely By Market ConditionsAMPL Capital Limited, formerly known as Credent Global Finance Limited, stated that the movement in its share price is driven entirely by market conditions and does not relate to any undisclosed information or internal corporate actions.The company clarified that management has no control over the movements of the shares and holds no specific knowledge regarding the reasons behind the pricing fluctuations. AMPL Capital affirmed that there is no impending announcement or price sensitive information that has not been made public concerning the operation or performance of the company.AMPL Capital reiterated its commitment to promptly informing...

Tata Chemicals Re-designates Senior Management Personnel Mr. Rino Raj Tata Chemicals Limited has updated the role of its senior management personnel, re-designating Mr. Rino Raj to oversee all manufacturing plants across India.Mr. Rino Raj, who currently serves as Vice President & Site Head - Mithapur and is identified as a Senior Management Personnel of Tata Chemicals Limited, has been given additional responsibilities concerning the Company's operations throughout India. In light of this expanded scope, his designation has been formally changed to Vice President Manufacturing (India).This professional transition marks an enhancement in Mr. Raj’s role within the organization, granting him comprehensive responsibility for all plants...

Bajaj Housing Finance Ltd Allots Rs 1,501 Crore in Secured NCDs via Private Placement Bajaj Housing Finance Ltd has announced the allotment of 1,50,000 Secured Redeemable Non-Convertible Debentures (NCDs) through a private placement. The total size of the issuance is reported at Rs 1,501.0655 crore, which includes premium and was allotted on July 7, 2026.The company confirmed that these NCDs are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.Key Terms and Repayment Structure The instruments have a tenure of 1,179 days. The debentures were issued with an annual coupon rate set at 7.53%. The maturity date for the NCDs has been fixed as September 28, 2029.A complete repayment schedule details four payments...

TeleCanor Global Ltd Confirms No Internal Link to Share Price Fluctuations TeleCanor Global Limited has addressed market speculation regarding the movement in its equity shares, stating that the price fluctuation is purely market driven and does not stem from any internal company information.The company confirmed that management is unaware of any specific development or information that could be linked to the significant volatility observed in the share price.In issuing the clarification, TeleCanor Global Limited emphasized that the fluctuation in the stock's value appears to have no connection, direct or indirect, with the company's operations or its management. The company maintains a commitment to adhering to all applicable...

India Ratings Affirms Credit Rating for Ipca Laboratories' Commercial Paper and Bank Facilities India Ratings & Research (A Fitch Group Company) has affirmed the credit ratings for several key financial instruments issued by Ipca Laboratories Ltd., including commercial paper and bank loan facilities.The rating affirmation covers Ipca’s working capital limit, long-term loans, and commercial paper issuances. The review determined that the company maintained its standing across these debt instruments.For Commercial Paper, rated by India Ratings,the instrument has a maturity date of up to 365 days and was issued in a size of INR 500 million, receiving an IND A1+ rating with an Affirmed status.In addition, the ratings for Bank Loan...

Golden Legand Leasing Incorporates Subsidiary to Bolster Digital Financial Ecosystem Golden Legand Leasing and Finance Limited has successfully incorporated a wholly owned subsidiary, Gullakkart Private Limited, as part of its strategy to strengthen its digital financial services ecosystem and expand technology-enabled lending operations.The incorporation of the new entity marks a significant step in Golden Legand's commitment to expanding its technological footprint within the lending industry. The purpose of the subsidiary is specifically tied to supporting the Company’s growing digital lending ecosystem.Gullakkart Private Limited intends to undertake activities related to digital payment solutions. The company plans to apply for...

Hexagon Nutrition Ltd Sees Departure of Two Directors Following Share Divestment Hexagon Nutrition Ltd has announced that two board members, Mr. Subhash Purushottam Kelkar and Mr. Aditya Kelkar, have resigned from their positions in the company, effective July 6, 2026. The resignations followed the directors' complete divestment of their shareholding in Hexagon Nutrition Ltd.The departures include Executive Director Mr. Subhash Purushottam Kelkar and Non-Executive Director Mr. Aditya Kelkar. Both individuals stepped down from the board after fully exiting the company following a recently concluded IPO.Mr. Subhash Purushottam Kelkar, who was an Executive Director, resigned as a selling shareholder. Similarly, Mr. Aditya Kelkar, a...

Goodluck India Ltd to Hold Board Meeting on July 11, Discussing Bonus Issue and Corporate Restructuring Goodluck India Limited announced that its Board of Directors will convene a meeting on Saturday, July 11, 2026, at the Company’s corporate office. The board agenda includes consideration and approval of several key strategic matters for the company.Among the topics set for discussion is the potential issue of Bonus Equity Shares. The issuance, the notice indicates, remains subject to all requisite statutory, regulatory requirements, and shareholder approvals.Additionally, the proposed Corporate Restructuring of the Company will be evaluated during the meeting. This includes assessing various restructuring options within the...

HDFC Asset Management Company Receives ESG Rating of '62' from ESG Risk Assessments and Insights Limited HDFC Asset Management Company Limited has received an ESG rating following a report issued by ESG Risk Assessments and Insights Limited.The assessment, which was conducted based on publicly available information, assigned an ESG rating of '62' to the company. The report was provided by ESG Risk Assessments and Insights Limited via email dated July 6, 2026.The company confirmed that it had not engaged ESG Risk Assessments and Insights Limited for any specific ranking or report; the assessment was independently prepared by the firm based on information available in the public domain.HDFCAMC Stock Price Movement Shares of HDFC...

BF Investment Limited Releases Business Responsibility and Sustainability Report for Financial Year 2025-26 BF Investment Limited (BFIL), a company engaged in investment and financing, has published its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report provides comprehensive details on corporate governance, operational metrics, stakeholder engagement, and adherence to responsible business conduct principles.Corporate Profile and Business Activities Established on May 26, 2009, BF Investment Limited operates as a core investment company, with investment and financing constituting 100.00% of its business activities and turnover. The entity is reporting on a standalone basis. As of the...

PCBL Chemical Ltd's Debt Rated by CARE Ratings: Key Banking Facilities Reaffirmed PCBL Chemical Ltd has received credit ratings from CARE Ratings Limited regarding its banking facilities. Following a thorough review, CARE Ratings assigned specific ratings to various instruments extended under the company’s long and short-term bank facilities.The ratings were determined after CARE Ratings conducted due consideration of PCBL Chemical Ltd's financial position. The ratings relate to three distinct categories of bank facilities: Long term Bank Facilities, Long term / Short term Bank Facilities, and Short term Bank Facilities. All rated instruments had their ratings reaffirmed by the agency.Details concerning the rated banking facilities...