Markets

Continental Securities Ltd's Board Meeting Set to Approve Allotment of 5 Lakh Equity Shares Continental Securities Ltd has scheduled a Board of Directors meeting on Wednesday, July 08, 2026, at 10:30 A.M., to consider and approve the allotment of equity shares through a preferential basis transaction. The meeting is intended to review several key items concerning the company's capitalization structure.The primary business item slated for approval includes the allotment of 5,00,000 Equity Shares. This allotment involves the conversion of 5,00,000 Warrants out of a total pool of 13,00,000 Warrants into equity shares. The shares are designated with a face value of ₹2/- per share and are offered at a premium of ₹19/- per share.The...

Sulabh Engineers & Services Ltd has scheduled a meeting of its Board of Directors for Tuesday, July 14, 2026. The meeting is slated to be held at the company’s corporate office in Kanpur at 03:00 P.M. (IST).The primary agenda item for the board includes considering and approving the Un-audited financial results of the Company, which cover both Standalone and Consolidated figures for the quarter ended June 30, 2026. The Board will also review the Secretarial Audit Report to be issued by M/S Gopesh Sahu, Company Secretaries, pertaining to the financial year 2025-26. Other business items are also slated for discussion during the meeting.The company provided an update regarding the trading window for its securities. As communicated...

Micron Breaches Ground on $9 Billion Japan Plant, Targeting AI Memory Chip Dominance Micron Technology Inc. has initiated a massive expansion of its factory in Hiroshima, Japan, committing to a ¥1.5 trillion ($9.3 billion) undertaking focused on producing advanced memory chips. This strategic move is a critical component of Micron's global ramp-up intended to meet the surging demand driven by Artificial Intelligence (AI) processors.The company is building the new facility in Hiroshima specifically to manufacture high-bandwidth memory (HBM). These advanced chips are crucial components for major AI processors, including those from Nvidia Corp. Shipments from this dedicated facility are projected to commence around the summer of 2028...

Anantam Highways Trust Seeks Unitholder Approval for Major Highway Asset Acquisitions and Preferential Unit Issuance Anantam Highways Trust has initiated a postal ballot process seeking unitholder approval for three key transactions: two distinct acquisitions of infrastructure assets through Right of First Offer (ROFO) agreements, and the preferential issuance of up to 16,48,03,867 units. These proposed actions are central to the Trust’s growth strategy and involve major related-party considerations.The postal ballot notice was dispatched on July 03, 2026, with eligibility for voting set as of June 26, 2026. The remote e-voting period is scheduled to commence on Saturday, July 04, 2026 (09:00 A.M. IST) and conclude on Saturday, July...

Desi Farms India Ltd Releases Audited Financial Results for FY2026; Audit Notes Highlight Management and Staff Transition Desi Farms India Ltd (formerly SER Industries Limited) has announced the audited financial results for the quarter and year ended March 31, 2026. The company's Board of Directors reviewed and approved these results along with the corresponding Auditors Report from M/s A N K H & Associates, Chartered Accountants.The audit report provides an unmodified opinion on the financial statements. Among key observations detailed by the auditors is that the entire management team of the Company underwent a transition during the current financial year. This shift was executed as part of the company's strategic reorganization...

India Ratings Affirms Credit Ratings for Ceat Ltd's Debentures, Commercial Paper and Bank Loans India Ratings and Research (IndRa) has provided credit ratings for various instruments of Ceat Ltd. The ratings cover Non-Convertible Debentures, Commercial Paper, and Bank Loan Facilities, with the agency affirming and reassessing the status of these facilities.The credit rating details presented by IndRa include specific amounts and associated outlooks for each instrument type.According to the provided data on the credit ratings, the instruments and their corresponding ratings are as follows:Instrument TypeAmount (Rs. in Crores)Rating/OutlookRating ActionNon - Convertible Debentures150.00 (Reduced from Rs.250)IND...

Samvardhana Motherson Issues Corporate Guarantee for Wholly Owned Subsidiary's Term Facility Samvardhana Motherson International Limited has agreed to issue a corporate guarantee in favor of DBS Bank Limited concerning a Term Facility availed by its subsidiary, Motherson Global Investments B.V. (MGI B.V.). The agreement was executed on July 03, 2026.The Term Facility, which is set up with DBS Bank Limited, amounts up to EUR 200,000,000, as per the terms of the facility agreement signed by Samvardhana Motherson International Limited and MGI B.V.Guarantee Details and Conditions Under the executed Agreement, the corporate guarantee provided by the Company to the Bank is subject to specific conditions and timelines. The guarantee must...

Inventurus Knowledge Solutions Secures Financing Facilities for IKS Inc. Following TruBridge AcquisitionInventurus Knowledge Solutions Limited has executed several key agreements to secure financing facilities for its subsidiary, IKS Inc., supporting the acquisition of TruBridge, Inc. (the Target), a process previously communicated by the Company. The agreements were formally executed on July 3, 2026.The primary transaction involves a Facilities Agreement signed by various parties. In this arrangement, Inventurus Knowledge Solutions Ltd acted as the parent entity, while IKS Inc. served as the borrower. Key financial institutions and entities involved in the agreement included:Arrangers: Aquity Holdings, Inc., Aquity Solutions...

International Travel House Ltd to Hold Board Meeting to Approve Q1 2026 Financial Results International Travel House Ltd has scheduled a meeting of its Board of Directors to review and approve the company's Unaudited Financial Results for the quarter that ended June 30, 2026.The Board Meeting is set to take place on Friday, July 10, 2026. The primary agenda item for the meeting is the consideration and subsequent approval of these Unaudited Financial Results, along with all related Notes pertaining to the quarter.Stock Price Movement International Travel House Ltd. shares settled on Friday at ₹312.90, marking a 0.75% decline. The stock experienced significant movement during the session, trading between an intraday low of ₹310.35...

Just Dial Ltd to Hold Board Meeting to Approve Q1 Unaudited Financial Results for FY26 Just Dial Ltd has scheduled a meeting of its Board of Directors to consider and approve the company's Unaudited Financial Results for the first quarter ending June 30, 2026.The Board Meeting is set to take place on Friday, July 10, 2026. The primary purpose of the gathering, among other matters, is to review and sanction the financial performance reported for the quarter.JUSTDIAL Stock Price Movement Shares of Just Dial Limited slipped on Friday, closing down 0.98% to settle at ₹549.85. The stock saw a total traded volume of 66,685 shares during the session.

CARE Ratings Assigns 'AAA' Rating and Reaffirms Status for PNB Housing Finance Ltd’s Debentures and FacilitiesPNB Housing Finance Ltd (PNBHFL) has seen its ratings affirmed by CARE Ratings, which assigned a rating of ‘CARE AAA’ (Stable) to the company’s additional bank loans and Non-Convertible Debentures (NCDs), while also reaffirming existing ratings for various financial instruments.The comprehensive details of the assignments and reaffirmed ratings are as follows:Facilities/InstrumentsAmount (₹ crore)RatingRating ActionLong Term Bank Facilities18,600.00 (Enhanced from 15,600.00)CARE AAA; StableReaffirmedLong Term / Short Term Bank Facilities16,400.00CARE AAA; Stable / CARE A1+ReaffirmedBonds500.00CARE AAA...

Promoter Acquires Equity Shares of Defrail Technologies Ltd in Open Market Purchase Defrail Technologies Ltd has seen an increase in its promoter holding following a market purchase made by Vivek Aggarwal, who is identified as a Promoter of the company. The transaction indicates that the individual acquired equity shares in the open market.The acquisition was completed on July 2, 2026. Mr. Aggarwal purchased 320,000 Equity Shares through the BSE, completing the transaction valued at 2,33,376.This purchase led to an increase in his holding of the company's securities. Prior to this acquisition, Vivek Aggarwal held 49,700 Equity Shares, representing a 0.707% stake in Defrail Technologies Ltd. Following the transaction, his total...

Piyush Bairagi Resigns as Company Secretary and Compliance Officer of Vipul Ltd Vipul Ltd has announced the resignation of Mr. Piyush Bairagi from his positions as Company Secretary and Compliance Officer. The change is effective from June 15, 2026.Mr. Bairagi's departure was attributed to personal and professional reasons.Key details regarding the change in leadership at Vipul Ltd are summarized below:ParticularsDetailName of KMPPiyush BairagiDesignationCompany Secretary & Compliance OfficerDate of CessationJune 15, 2026Reason for ChangePersonal and Professional reasonsMembership NumberA-77256The resignation signifies a key change in the company's officer structure. Mr. Bairagi served in this capacity at...

AI Transformation Mega Deal: HCLTech Secures $1.14 Billion Contract with Mercedes-Benz HCLTech has secured a landmark strategic contract valued at $1.14 billion from European automaker Mercedes-Benz. This deal marks one of the largest such announcements by an Indian IT services company this year, underscoring the intense enterprise demand for AI-led digital transformation globally. The agreement is slated to commence in July 2026 and run until December 2031, with provisions for a potential five-year extension.The partnership involves HCLTech establishing an advanced AI-driven operating model. This system will be used to transform and manage Mercedes-Benz's global digital workplace and enterprise networks. Sources close to the deal...

Sahasra Electronic Solutions Recommends Dividend and Approves Variation in IPO Fund Utilisation Plan Sahasra Electronic Solutions Limited announced key outcomes from its Board of Directors meeting, which included recommending a final dividend for the fiscal year 2026 and approving material variations concerning the use and timeline of the Initial Public Offering (IPO) proceeds.The Board recommended a final dividend of Rs. 1.00 per equity share, considering an equity share value of Rs. 10/- for the financial year ending March 31, 2026.In addition to the dividend recommendation, the company reviewed and approved changes to the objects and terms of utilization of its IPO proceeds, along with extending the time limit for their use...

Globe Civil Projects Limited Secures Rs 1.2 Crore Contract from Central University of Punjab Globe Civil Projects Limited has secured a contract worth Rs 1,20,00,000/- from Central University of Punjab for providing and fixing FRP screens in the Aryabhata Academic Block. The project is designated as a Book Order Quantity (BOQ) order and holds significant importance for the company's business operations.The contract involves the furnishing and installation of specialized screens at the specified academic block within the university campus. The work is scheduled to be completed within 120 days, starting from the award of the order.Key details regarding the project awarded by Central University of Punjab are summarized below...

Aster DM Healthcare Changes Name Following Scheme of Amalgamation The name of Astre DM Healthcare Limited has been officially changed to Aster DM Quality Care Limited following a Scheme of Amalgamation involving it and Quality Care India Limited. The change, which took effect from July 3, 2026, was certified by the Registrar of Companies (RoC-Telangana).The name change pertains to the transferor company and transferee company under the scheme. Previously operating as Aster DM Healthcare Limited, the entity has been designated as Aster DM Quality Care Limited after securing the necessary certificate of incorporation pursuant to the change of name.This corporate action reflects the completion of the amalgamation process between the...

Pajson Agro India Secures Credit Facility from HSBC Bank for Working Capital Needs Pajson Agro India Limited, formerly known as Pajson Agro India Pvt Ltd, has secured a significant credit facility from HSBC Banking Corporation Limited. The company's Board of Directors approved this transaction via a resolution on July 3, 2026.The approved credit facilities aggregate up to Rs. 30 Crore (Rupees Thirty Crore only). These funds are intended for working capital requirements and include a letter of credit amounting to Rs. 20 Crore (Rupees Twenty Crore only). The financing agreement is structured as secured funding between Pajson Agro India Limited (Borrower) and HSBC Banking Corporation Limited (Lender/Bank).The facility is secured by...

Acquirers Offer to Buy 26% Stake in Colinz Laboratories Ltd for up to ₹3.53 Crore A consortium of individuals, comprising Annjana Dugar, Likhitta Dugar, and Antariksh Dugar, along with Padam Dugar (Person Acting In Concert), has launched a mandatory Open Offer for the public shareholders of Colinz Laboratories Limited. The offer aims to acquire up to 26% of the company’s voting share capital.The acquisition is part of an overarching strategy by the group to take control and gain management oversight of the Target Company following a prior transaction.Key Details of the Open Offer The Acquirers have set the offer price at ₹54 per equity share, providing cash consideration for all accepted shares. The total potential maximum...

Investigation Initiated Against Supriya Lifescience Personnel Regarding Export Transaction An investigation has been launched against Sreekant Sreedharan, General Manager of Sales & Marketing at Supriya Lifescience Ltd., by the Special Investigation and Intelligence branch of the Customs Department. The proceedings were initiated subsequent to an incident that occurred on July 3, 2026.The personnel is currently in judicial custody, which has been granted by the CMM court until July 17, 2026.The investigation concerns procedures under the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985. The charges relate to a procedural lapse pertaining to a single export transaction involving an identified product, as per details...