Markets

Marsons Ltd secures purchase order worth ₹17.93 crore for supply of power transformers Marsons Ltd has secured a significant domestic purchase order from S.T. Electricals Pvt. Ltd. The contract involves the supply of 10 MVA Power Transformers and is valued at approximately ₹17,93,60,000.00, inclusive of GST.The agreement outlines that the complete execution of this order must be completed within a period of six months.Details regarding the order awarded to Marsons Ltd are provided below:DetailDescriptionCustomer EntityS. T. Electricals Pvt. Ltd.Order NatureDomestic order for supply of 10 MVA Power TransformersTotal Consideration (incl GST)₹17,93,60,000.00Contract DurationSix monthsRelationship StatusThe order is...

BCL Industries’ Joint Managing Director Kushal Mittal Recognized in Avendus Wealth - Hurun India U30 List 2026 Kushal Mittal, Joint Managing Director of BCL Industries Limited, has been recognized and featured in the prestigious Avendus Wealth - Hurun India U30 List 2026. This initiative is conducted by Hurun India in association with Avendus Wealth.The Avendus Wealth - Hurun India U30 List 2026 honors a selection of entrepreneurs aged 30 years and below. The list recognizes individuals whose innovation, leadership, and entrepreneurial vision have generated significant economic impact. The recognition celebrates "fearless first movers" and commends founders and next-generation business leaders contributing to the future of Indian...

Indian Hume Pipe Company Ltd secures Rs 738.61 Crores order for Narmada based Water Supply ProjectIndian Hume Pipe Company Ltd has secured a significant work order valued at Rs.738.61 Crores, including GST. The contract is with the Public Health Engineering Department (PHED), Government of Rajasthan, for executing the design and build of the Narmada based Water Supply Project in Barmer district.The project forms part of the JICA funded Rajasthan Rural Water Supply & Fluorosis Mitigation Project Phase II. The contract outlines various technical and operational parameters for the execution.Key details of the contract awarded to Indian Hume Pipe Company Ltd are as follows:ParameterDetailAwarding EntityPublic Health Engineering...

Tara Chand InfraLogistic Solutions Completes Q1 Capex, Acquires New Equipment for Sector Expansion Tara Chand InfraLogistic Solutions Limited has completed a significant capital expenditure (Capex) during the first quarter of Fiscal Year 2026-27. The company invested approximately Rs. 40.59 Crores (unaudited and exclusive of GST) in new equipment, bolstering its capacity across various industrial segments.The Capex includes the purchase of specialized machinery intended for deployment in Segment A, focusing on Construction Equipment Rentals. These additions are strategically aimed at expanding the company’s operational footprint within the renewable energy sector.The new acquisitions include both heavy lifting apparatus and...

Colinz Laboratories Declares Non-Applicability of SEBI Regulation 32 for June Quarter Colinz Laboratories Ltd has announced that Regulation 32 of The SEBI (LODR) Regulations, 2015 is not applicable to the company for the quarter ending June 30, 2026. This decision was made after confirming that the company had not undertaken any public issue, rights issue, preferential issue, or Qualifying Issue Process (QIP) during the specified period.The regulatory requirement concerning the Statement of Deviation or Variation for proceeds of a public issue, rights issue, preferential issue, or QIP is contingent upon the execution of such an issuance by the company. As no such corporate action was completed during the quarter, the regulation...

Krishanveer Forge Ltd receives Permission to Commission for 1MWp Solar Power PlantKrishanveer Forge Limited has secured crucial regulatory approval for its solar energy initiative, receiving the Permission to Commission (PTC) from Maharashtra State Electricity Distribution Company Limited (MSEDCL). This milestone enables the company to move forward with commissioning and generating power from its new renewable energy facility.The granting of PTC by MSEDCL on July 02, 2026 marks a significant step in Krishanveer Forge Ltd’s commitment to sustainability and the adoption of clean energy sources. The solar power plant is fully installed and ready for operations, intended to contribute substantially to the company's ongoing energy needs...

K.P. Energy Ltd Approves Grant of 76,000 Stock Options Under ESOP-2023 K.P. Energy Limited announced that its Nomination and Remuneration Committee (Compensation Committee) of the Board of Directors approved the grant of stock options under the KP Energy Employee Stock Option Plan 2023 (KP Energy ESOP-2023). The approval was granted at a meeting held on July 3, 2026.The plan involves granting 76,000 stock options to an eligible employee of the company.Details regarding the grant include:ParticularsDetailsTotal Stock Options Granted76,000 (Seventy-Six Thousand)Covered Equity Shares per OptionOne (1) Equity ShareFace Value per ShareRs. 5/- eachExercise PriceRs. 33/- per shareThe KP Energy ESOP-2023 is compliant...

Zydus Lifesciences and Apollo Hospitals Partner to Expand Access of Shield Multi-Cancer Detection Test in India Zydus Lifesciences Ltd. has signed a Memorandum of Understanding (MoU) with Apollo Hospitals to expand access to the Shield™ Multi-Cancer Detection (MCD) test across India. The collaboration involves Zydus and Guardant Health, Inc., making the advanced cancer screening tool available through Apollo Hospitals.The Shield MCD test is designed as a methylation based blood test intended for the detection of multiple cancer types, including bladder, colorectal, breast, prostate, oesophageal, gastric, liver, lung, ovarian, and pancreas cancer. The test screens for these 10 common cancers in individuals aged 45 or older who are at...

Sammaan Capital Completes Allotment of Secured Non-Convertible Debentures via Private Placement Sammaan Capital Limited on July 3, 2026, completed the allotment of secured, rated, listed, redeemable, non-convertible debentures (NCDs) through a private placement. The company allotted two distinct series of NCDs: Series I and Series II, as authorized by its Board resolution dated May 20, 2026, and subsequent resolutions.The allotment covered two tranches of debt financing, totaling INR 1400 Crores across both series.Series I comprised 8,000 secured NCDs aggregating to INR 800,00,00,000 (Indian Rupees Eight Hundred Crores). Series II included 6,000 secured NCDs, also totaling INR 600,00,00,000 (Indian Rupees Six Hundred Crores), under...

M&A Surges to $86.9 Billion as Indian Public Capital Markets Plunge in H1 2026 India’s public capital markets experienced a significant downturn during the first half of 2026, with equity and bond issuance marking three-year and four-year lows, respectively. This widespread slowdown comes sharply contrasted by a robust surge in Mergers and Acquisitions (M&A) activity, indicating that strategic deal-making is replacing reliance on public funding for growth.Equity Capital Markets Struggle; Follow-ons Sustain Limited Activity The equity capital markets (ECM) found stability primarily through follow-on offerings, which accounted for 77% of all equity proceeds and raised $12.7 billion. Even these vital deals saw a decline of 33% compared...

Adani Enterprises Stock Dips as QIP Fixed at 9% Discount Despite Massive Upsize to ₹15,000 Crore Adani Enterprises shares fell in the market on Friday after the company fixed the indicative price for its Qualified Institutional Placement (QIP). The decision was made despite the deal being significantly upsized and demonstrating robust investor interest. The QIP’s new size has been increased to a substantial ₹15,000 crore, escalating from an initial base of ₹10,000 crore.The indicative issue price was set at ₹2,883 per share. This pricing reflects a 9.3 percent discount relative to Thursday's closing price. Furthermore, the QIP represents a 5 percent discount compared to the SEBI floor price of ₹3,034.68 per share.Robust Demand...

US Solidifies Dominance in LPG Supply as India Aggressively Diversifies Away from Gulf Dependence The United States secured its position as India’s pre-eminent supplier of liquefied petroleum gas (LPG) in June, leading the market despite continued geopolitical instability. Imports reached 773.78 thousand metric tonnes (TMT), marking a significant surge of 19.4 percent compared to May figures, according to data from Kpler.This strong performance highlights a strategic shift within India’s energy procurement basket. While the US is expanding its role, this move forms part of a broader national strategy aimed at reducing dependence on any single country or region for vital energy supplies.Diversifying Energy Imports Amid Geopolitical...

K.P. Energy Limited Appoints Prof. Sunil Kumar Maheshwari as Vice Chairman; Amit Khandelwal Resigns K.P. Energy Limited announced key changes in its board composition following a Board meeting held on July 3, 2026. The board approved the appointment of Professor Sunil Kumar Maheshwari and took note of the resignation tendered by Mr. Amit Khandelwal.The company appointed Prof. Sunil Kumar Maheshwari (DIN: 02317160) as an Additional Director/Whole Time Director designated as Vice Chairman, effective July 3, 2026. This appointment follows a recommendation from the Nomination and Remuneration Committee. The role carries a tenure of five years and is subject to shareholder approval. Prof. Maheshwari has been confirmed as unrelated to any...

Markolines Pavement Technologies Targets Strategic Expansion into Marine Infrastructure Sector Markolines Pavement Technologies Limited is expanding its service offerings by planning a strategic move into the marine infrastructure construction and maintenance segment. The company intends to leverage its existing capabilities in engineering, construction, and maintenance across adjacent infrastructure sectors.The proposed expansion focuses on capitalizing on emerging opportunities within the growing marine and port infrastructure sector. Markolines believes its expertise positions it well for participation in this dynamic market.The firm is currently evaluating projects and bids related to several specific areas of marine...

Bharti Airtel Expands Network Coverage Along Amarnath Yatra Route Bharti Airtel announced that it has expanded its mobile network infrastructure to enhance connectivity for pilgrims, security personnel, and local authorities along the crucial routes of the Amarnath Yatra pilgrimage. The move strengthens communications in challenging terrains throughout the holy event.The expansion involves deploying new network sites at Chandanwari, Pissu Top, and Betaab Valley. These additions provide Airtel with established coverage along the Pahalgam route, complementing its existing presence at Baltal to ensure uninterrupted voice and data connectivity leading up to the Amarnath cave shrine.Bharti Airtel conducted this deployment in close...

Reserve Bank of India Rejects TTI Enterprise Ltd's Application for NBFC Certificate Surrender TTI Enterprise Limited has received official notification regarding its application for the voluntary surrender of the Non-Banking Financial Company (NBFC) Certificate of Registration. The Reserve Bank of India rejected the company's application related to this certificate.Stock Price Movement TTI Enterprise Ltd shares are edging lower this morning, currently trading at ₹8.82 as the stock dips by 0.11% in the live market. The shares have seen some intraday movement, having traded between a high of ₹8.83 and a low of ₹8.82.

KPI Green Energy Ltd Approves Grant of 75,000 Stock Options Under ESOP 2023The Nomination and Remuneration Committee of KPI Green Energy Ltd approved the grant of stock options to an eligible employee under the KPI Green Employee Stock Option Plan 2023 (ESOP 2023). The approval was made during a meeting held on July 03, 2026.The plan is designed under the framework of the KPI Green ESOP 2023 and has been structured to comply with relevant regulations regarding share-based employee benefits.A total of 75,000 Stock Options were granted to an eligible employee of the Company. These options cover 75,000 equity shares of the company, which have a face value of Rs. 5/- each. The options are offered at a predetermined exercise price of...

Akme Fintrade Approves Issuance of Non-Convertible Debentures Up To INR 25 Crores Akme Fintrade (India) Limited has approved the issuance of Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures (NCDs). The decision was reached by the Loan & Investment Committee following a meeting held on July 03, 2026.The company plans to issue these debentures through a private placement basis in one or more tranches. The total size of the issuance is capped at up to INR 25,00,00,000 (Indian Rupees Twenty-Five Crores). Furthermore, Akme Fintrade intends to list the security on the National Stock Exchange of India Limited.The structured debenture issuance carries specific conditions and penalty provisions designed to...

Divine Hira Jewellers Limited Allots Bonus Equity Shares, Doubling Paid-Up Capital Divine Hira Jewellers Limited has completed the allotment of bonus equity shares, significantly increasing its paid up share capital. The company approved the issuance after shareholder approval and finalized the allocation on July 3, 2026.The Board of Directors approved the allotment of 2,60,94,200 fully paid-up bonus equity shares of Rs. 10/- each. This issuance was carried out in the ratio of two new fully paid-up equity shares for every one existing fully paid-up equity share held by eligible shareholders.The allotment was completed following a record date fixed on July 2, 2026. The bonus equity shares are expected to be credited to the respective...

Marksans Pharma Recommends Final Dividend of ₹0.90 Per Share; AGM Scheduled for August 27, 2026 Marksans Pharma Limited has approved key aspects related to its upcoming Annual General Meeting (AGM) and announced a significant dividend recommendation for its shareholders. The company detailed the decision regarding the final dividend for the financial year ended March 31, 2026, and set the date for the members' meeting.The Board of Directors has recommended a final dividend amounting to ₹ 0.90 (90%) per equity share of face value ₹ 1/-. This recommendation is subject to formal approval by the Members at the upcoming AGM.To determine eligibility for this final dividend, Marksans Pharma Limited fixed Thursday, August 20, 2026, as the...