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Cyber Fraud Hits Capillary Technologies Subsidiary; EUR 3 Million Fraudulent Transfer Reported
Cyber Fraud Hits Capillary Technologies Subsidiary; EUR 3 Million Fraudulent Transfer Reported Capillary Technologies India Limited has reported a cyber-enabled banking fraud affecting one of its recently acquired overseas step-down subsidiaries. Funds aggregating to approximately EUR 3.0 million were fraudulently transferred to unauthorized third-party bank account(s).The fraudulent transfer utilized advanced deep-fake methodologies, including voice cloning, signature forging, and social engineering, designed to impersonate Key Managerial Personnel (KMPs) of the subsidiary.Upon discovering the incident, the Company immediately initiated necessary legal and operational measures. Swift action by Capillary Technologies led to a...
Avenue Supermarts Allots Rs 300 Crore Commercial Paper Offering
Avenue Supermarts Allots Rs 300 Crore Commercial Paper Offering Avenue Supermarts Ltd has announced the allotment of Commercial Paper amounting to Rs 300 crores. The instrument is set to be listed on the BSE Limited.The commercial paper details specified that it is unsecured and carries an interest rate of 6.60%. The tenure of this financial instrument is 85 days, starting from the date of allotment up to its maturity.The details regarding the issuance are summarized below:FeatureDetailSize of IssueRs 300 croresSecurity StatusUnsecuredCoupon/Interest Offered6.60%Allotment DateJuly 6, 2026Maturity DateSeptember 29, 2026The instrument will mature on September 29, 2026, with the coupon payment scheduled at...
Bajel Projects Ltd Revises Proposed Date for 4th Annual General Meeting
Bajel Projects Ltd Revises Proposed Date for 4th Annual General MeetingBajel Projects Ltd has announced a revision to the proposed date of its 4th Annual General Meeting (AGM). The company previously intimated a date and has since revised the scheduling details.The AGM, which was originally scheduled for Friday, August 7, 2026, is now proposed to be held on Monday, August 10, 2026. This revision follows an earlier intimation regarding the meeting date that was issued on May 27, 2026.The company stated that the Notice convening the AGM, along with the Annual Report for the financial year 2025-26 and other relevant documents, will be distributed to shareholders in due course.BAJEL Stock Price Movement Shares of Bajel Projects...
Inter State Oil Carrier Records Strong Volume Growth, Secures Partnership with CONCOR
Inter State Oil Carrier Records Strong Volume Growth, Secures Partnership with CONCOR Inter State Oil Carrier Ltd reported significant operational growth in June 2026, noting a substantial increase in volume handled compared to the previous month and achieving improved year-on-year performance. Beyond volume metrics, the company also announced strategic business expansions through a new agreement with Container Corporation of India Ltd (CONCOR) and fleet augmentation.The volume handled by Inter State Oil Carrier Limited showed upward movement during June 2026. The company processed 29.17 thousand metric tons (MTs), which marked a rise from the 23.12 ('000 MTs) handled in May 2026, reflecting an approximate increase of 26.17%.Looking...
Subex Limited Announces Q1 FY27 Unaudited Results on August 5; Earnings Call Scheduled
Subex Limited Announces Q1 FY27 Unaudited Results on August 5; Earnings Call Scheduled Subex Ltd., a leading telecom analytics solution provider, has announced the schedule for releasing its Unaudited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 2026. The company is set to announce these results on Wednesday, August 5, 2026.Following the announcement of the financial results, Subex Ltd. will host a Conference/Earnings call to discuss the company’s performance during the quarter. This earnings call is scheduled for Thursday, August 6, 2026, at 11:00 A.M. (IST).Trading Window and Earnings Call Details To allow stakeholders time to review the results, the trading window for Subex Ltd. has been closed...
Rex Sealing and Packing Industries Ltd. Affirms Zero Defaults on Bank Loans and Debts
Rex Sealing and Packing Industries Ltd. Affirms Zero Defaults on Bank Loans and Debts Rex Sealing and Packing Industries Ltd. has confirmed that the company holds no defaults regarding interest payments or principal repayment on loans sourced from banks and financial institutions. The confirmation covers all major debt obligations.The company reported that there are also no instances of default concerning unlisted debt securities.This statement addresses the status of the entity’s borrowing relationships with financial institutions and creditors, ensuring clarity regarding its current debt standing in the market.Stock Price Movement Rex Sealing and Packing Industries Ltd closed at ₹145.00 on Friday, recording a neutral change...
Sword-Edge Commercials Approves Re-appointment of Independent Director and Announces 41st Annual General Meeting
Sword-Edge Commercials Approves Re-appointment of Independent Director and Announces 41st Annual General Meeting The Board of Directors of Sword-Edge Commercials Ltd held a meeting on July 06, 2026, approving several key corporate matters, including the re-appointment of an Independent Director and confirming preparations for the company's upcoming Annual General Meeting.During the board meeting, the directors approved the Director's Report, the Corporate Governance Report, and the Management Discussion and Analysis (MD&A) Report along with their annexures for the Financial Year ending March 31, 2026. Furthermore, the draft notice convening the company's 41st Annual General Meeting of the Members was approved.A significant outcome...
Raama Finance Ltd Board Meeting Set for July 9, 2026; Plans Include Enhancing Borrowing Limits and Issuing Secured NCDs
Raama Finance Ltd Board Meeting Set for July 9, 2026; Plans Include Enhancing Borrowing Limits and Issuing Secured NCDs Raama Finance Ltd has scheduled a meeting of its Board of Directors on Thursday, July 09, 2026. The meeting is set to address several key operational and financial enhancements for the company, including increasing borrowing capacity and approving the issuance of new debt instruments.Among the primary business items slated for discussion is the enhancement of the company's borrowing limits. The Board will consider and approve increasing these limits up to Rs. 200 Crores under Section 180(1)(c) of the Companies Act, 2013.Furthermore, the agenda includes considering and approving the issuance of Secured...
Happiest Minds Technologies Provides Web Access Link for FY25-26 Integrated Annual Report
Happiest Minds Technologies Provides Web Access Link for FY25-26 Integrated Annual Report Happiest Minds Technologies Limited has communicated the availability of its Integrated Annual Report for financial year 2025-26 to shareholders who have not registered their email addresses with the company or depositories. This communication ensures that all members can access crucial corporate documentation.The necessary web link and specific path to access the Annual Report for FY26 are available for stakeholders. The dedicated link for investors is provided as https://www.happiestminds.com/investors/. Shareholders needing to download the report should use the specified path: https://www.happiestminds.com/investors/agm-and-annual-report/...
Zodiac Energy Ltd Approves Equity Allotment and Expansion through New Wholly Owned Subsidiaries
Zodiac Energy Ltd Approves Equity Allotment and Expansion through New Wholly Owned Subsidiaries Zodiac Energy Ltd's Board of Directors has approved several key strategic moves, including the allotment of equity shares resulting from the exercise of employee stock options and the incorporation of new Wholly Owned Subsidiaries (WOS) both domestically in India and internationally in Zambia. These actions are aimed at supporting the company's growth strategy across solar power generation and associated projects.The Board approved the allotment of 28,943 Equity Shares to eligible option holders under the "Zodiac Energy Limited Employee Stock Option Plan - 2023" (ESOP 2023). This allotment resulted in an increase in the paid up equity share...
Bhartiya International Limited Issues Final Notice Regarding Long-Unclaimed Dividends
Bhartiya International Limited Issues Final Notice Regarding Long-Unclaimed Dividends Bhartiya International Limited has dispatched reminder letters to shareholders who have failed to claim dividends for a continuous period of seven or more years. This communication serves as a final notice to these shareholders, urging them to take necessary action regarding their unpaid dividends.The company is contacting those specific shareholders to avoid the transfer of their corresponding shares to the Investor Education and Protection Fund (IEPF). This process aligns with Section 124(6) of the Companies Act, 2013, and the applicable rules under the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as amended.Shareholders...
Defrail Technologies Achieves Vendor Approval with TEK Automotive Malaysia, Secures First International Order
Defrail Technologies Achieves Vendor Approval with TEK Automotive Malaysia, Secures First International Order Defrail Technologies Limited has reached a significant milestone in expanding its global footprint after securing vendor registration with TEK Automotive Malaysia Sdn. Bhd., a reputable manufacturer and supplier in the automotive industry. The company has also received its initial purchase order from TEK Automotive Malaysia Sdn. Bhd. for the supply of automotive rubber components.The successful vendor registration solidifies Defrail Technologies’ capability to compete in international markets. The first purchase order, which is an international transaction, involves the supply of automotive rubber hose products.Details of...
Tata Elxsi Board Meeting Scheduled to Approve Q2 Financial Results; Trading Window Remains Closed
Tata Elxsi Board Meeting Scheduled to Approve Q2 Financial Results; Trading Window Remains ClosedTata Elxsi Limited has announced a forthcoming meeting of its Board of Directors to approve the audited financial results for the quarter ending June 30, 2026.The Board meeting is scheduled for Tuesday, July 14, 2026, with the primary purpose being to review and record the Audited Financial Results of the company for the specified quarter.In addition to the board function, the company provided an update regarding its insider trading policies. The trading window for dealing in Tata Elxsi's securities remains closed according to the Company's Code of Conduct for Prevention of Insider Trading.The restricted period began on June 24...
Dharani Sugars & Chemicals Reports Debt Status Including Defaults on Loans and Unlisted Securities
Dharani Sugars & Chemicals Reports Debt Status Including Defaults on Loans and Unlisted Securities Dharani Sugars & Chemicals Limited has disclosed details regarding its financial indebtedness, including amounts outstanding and defaults on loans from banks and financial institutions as of June 30, 2026. The company reported a total financial indebtedness amounting to 350.18 INR crores across all listed and unlisted debt instruments.The company provided specific figures concerning both secured and unlisted debt obligations. Regarding revolving facilities and loans from banks and financial institutions, the total outstanding amount stood at 338.36 INR crores. Of this figure, 105.02 INR crores was noted as being in default.In terms of...
Matrix Geo Solutions Limited Announces Resignation of Chief Financial Officer
Matrix Geo Solutions Limited Announces Resignation of Chief Financial Officer Matrix Geo Solutions Limited has confirmed that Mr. Shivam Kumar, who held the position of Chief Financial Officer (CFO) and Key Managerial Personnel, has resigned from his role, effective June 30, 2026.The Company stated that it has accepted the resignation, which was tendered by Mr. Shivam Kumar due to personal reasons. Management expressed sincere appreciation for his valuable contribution and dedicated services during his tenure with the company.In light of this change in leadership, the Board of Directors has initiated the process of identifying and appointing a suitable successor. The Company reiterated that this transition does not impact its...
Dynavision Green Solutions Limited Board Sees Changes: Director Resigns, Suleelal V Appointed
Dynavision Green Solutions Limited Board Sees Changes: Director Resigns, Suleelal V Appointed Dynavision Green Solutions Limited, a material subsidiary of Dynavision Ltd, has experienced changes in its Board of Directors. The company announced the resignation of Non-Executive Director Mr. A. Sudheer Reddy and the appointment of Mr. Suleelal V as an Additional Director.The Board of Dynavision Green Solutions Limited took note of Mr. A. Sudheer Reddy’s resignation during a meeting held on June 18, 2026. His departure was effective from June 30, 2026, and the reason cited for his resignation was personal reasons. The Board members sincerely appreciated the contribution made by Mr. A. Sudheer Reddy throughout his tenure as a Board Member...
Dhanlaxmi Bank Appoints Chief Vigilance Officer Gopalakrishnan V.N for Three Years
Dhanlaxmi Bank Appoints Chief Vigilance Officer Gopalakrishnan V.N for Three Years Dhanlaxmi Bank Limited has appointed Mr. Gopalakrishnan V.N as its new Chief Vigilance Officer. The appointment, approved by the Board of Directors vide resolution by circulation on July 06, 2026, is set for a term of three years starting from his date of taking charge on July 13, 2026.Mr. Gopalakrishnan V.N will take up the role of Chief Vigilance Officer in the capacity of General Manager. The appointment underscores the bank’s focus on enhancing vigilance and risk management protocols within its operations.A seasoned banker, Mr. Gopalakrishnan V.N brings over 40 years of experience across various financial institutions to the post. His profile...
Varun Beverages' Subsidiary Acquires Kenyan Dairy and Water Business in Strategic Expansion Move
Varun Beverages' Subsidiary Acquires Kenyan Dairy and Water Business in Strategic Expansion Move Varun Beverages Limited, through its wholly-owned subsidiary VBL Industries (Kenya) Limited (VBL Kenya), has entered into an agreement to acquire the business of Devyani Food Industries (Kenya) Limited (DFIL Kenya). This strategic acquisition is set to significantly deepen VBL's penetration into the Kenyan market and the broader East African region.The transaction involves the purchase of the value-added dairy beverages, juices, and packaged drinking water businesses from DFIL Kenya. The total consideration for this business transfer stands at USD 32 Million, which is equivalent to approximately INR 3,050 million, based on an exchange rate...
India's Steel Sector Surges as Production Soars; Policy Focus and Defense Links Drive Growth
India's Steel Sector Surges as Production Soars; Policy Focus and Defense Links Drive Growth The Indian steel industry posted robust growth during the first quarter of FY 2026, demonstrating steady operational health despite volatile global commodity markets. Finished steel production showed significant momentum, while strategic policy interventions and domestic project advancements continue to bolster the sector's long-term trajectory.Production Metrics Signal Sustained Industry Growth The sector recorded strong output, with finished steel production rising by 5.9% year-on-year (YoY) in Q1 FY 2026. Total capacity in the industry stood at 221.9 Mtpa, reinforcing momentum toward the National Steel Policy goal of 300 Mtpa by 2030...
Prudent Corporate Advisory Services Reports on Sustainability, Highlighting ESG Commitments for FY 2025-26
Prudent Corporate Advisory Services Reports on Sustainability, Highlighting ESG Commitments for FY 2025-26Prudent Corporate Advisory Services Limited has provided its Business Responsibility and Sustainability Report for the financial year ended March 31, 2026. The report details the company's operational scale, commitment to ethical governance, and environmental stewardship within the fast-paced financial services sector.The Company operates as an integrated wealth management group, with all business activities centered on brokerage, consultancy, and financial advisory services, which account for 100% of its turnover. Prudent manages a significant national footprint, maintaining 143 offices across India, serving 21 states...
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