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Mangalam Drugs and Organics Limited Reports Default on Bank Loan Obligations Mangalam Drugs and Organics Limited has reported a default on its loan obligations involving two banking institutions. The company confirmed that the defaults have persisted for a period exceeding 30 days.The company has identified overdue amounts related to Cash Credit accounts held with Bank of Maharashtra and Bank of Baroda. As of July 15, 2026, the outstanding balances are as follows:Sr.NoLoan Account Number - Cash Credit A/c. No.Name of BankAmount Overdue Rs. In Lacs as on 15/07/2026Date of start of Default160383561246Bank of Maharashtra951.1917/10/2025204170500000243Bank of Baroda606.0820/10/2025The company stated that it is currently...

The Andhra Sugars Limited Commissions Captive Solar Power Plant The Andhra Sugars Limited has commissioned a 1.5 MW Captive Solar Power Plant at its manufacturing facility located in Tanuku, West Godavari District, Andhra Pradesh.The integration of the solar power plant marks a significant operational update for the company's manufacturing site. The facility is designed to provide captive power to support the manufacturing operations at the Tanuku location.ANDHRSUGAR Stock Price Movement The Andhra Sugars Limited shares today slipped by 0.55% to settle at ₹84.54 after trading session concluded. The stock saw a total volume of 78,143 shares as it traded within an intraday range of ₹84.31 to ₹85.98.

PC Jeweller Limited to Raise Up to ₹1,000 Crore Through Qualified Institutions Placement PC Jeweller Limited has announced plans to raise funds up to an aggregate amount of ₹ 1,000 crore through a Qualified Institutions Placement (QIP). The company intends to issue equity shares with a face value of ₹ 1/- each, or other eligible securities, in one or more tranches.To facilitate this capital infusion, the Board of Directors has approved the creation of an additional 150 crore equity shares of ₹ 1/- each. This expansion will result in an increase in the company's authorised share capital from ₹ 1,310 crore to ₹ 1,460 crore.Capital Structure Adjustments The increase in authorised share capital involves a significant adjustment to the...

Shalby Limited to Host Earnings Conference Call for Q1FY2027 Results Shalby Limited has announced that it will conduct an earnings conference call on Friday, August 7, 2026, to discuss the company's financial results for the first quarter of the fiscal year 2027.The call is scheduled to begin at 4:00 PM IST. The session will feature key members of the leadership team who will provide insights into the company's operational performance and financial standing.Conference Call DetailsDetailInformationDateFriday, August 7, 2026Time4:00 PM ISTOrganizerElara Securities (India) Private LimitedSubjectQ1FY2027 Earnings DiscussionLeadership Participation The conference call will include the following representatives from...

Fabino Enterprises Ltd Appoints Mrs. Shipra Rathi as Company Secretary and Compliance Officer Fabino Enterprises Ltd, formerly known as Fabino Life Sciences Limited, has appointed Mrs. Shipra Rathi as the Company Secretary and Compliance Officer of the organization. The Board of Directors approved the appointment during a meeting held on July 16, 2026.Mrs. Rathi will serve as Key Managerial Personnel (KMP) in accordance with the provisions of the Companies Act, 2013, and other applicable regulations. Her appointment is effective from July 16, 2026, subject to the terms and conditions presented before the Board. The term of her appointment remains open-ended, continuing until she submits her resignation or receives further orders from...

Sylph Industries Ltd Announces Resignation of Executive Managing Director Sylph Industries Limited has announced that the Board of Directors has accepted the resignation of Mr. Hasmukh Nanalal Shah from his position as Executive Managing Director. The decision follows a board meeting held on July 16, 2026, in Indore.The resignation is effective from the close of business hours on July 16, 2026. According to the official details provided by the company, Mr. Hasmukh Nanalal Shah cited personal reasons and other commitments as the basis for his departure. The director has confirmed that there are no other material reasons for the resignation beyond those stated in his formal letter.The leadership transition marks a significant...

Heritage Foods Reports Record Quarterly Revenue of ₹13,381 Million Amid Elevated Milk Inflation Heritage Foods Limited has announced its financial results for the quarter ended June 30, 2026, highlighting a significant milestone as the company achieved its highest-ever quarterly revenue. The dairy major reported a consolidated revenue of ₹13,381 million, representing an 18% year-on-year (YoY) growth, despite facing one of the most inflationary milk procurement environments in recent years.Strategic Navigation of Milk Inflation The company navigated a challenging industry landscape where average landed milk procurement prices rose to ₹46.61 per liter, a 7.2% increase YoY. In response to industry-wide milk shortages, Heritage Foods...

RBI Issues Landmark Prudential Norms on Specified Non-Financial Assets to Strengthen Financial Stability The Reserve Bank of India (RBI) has officially released the final Prudential Norms regarding Specified Non-financial Assets (SNFA) acquired by regulated entities. This regulatory move marks a significant step in defining how financial institutions manage and hold non-financial assets within their portfolios.The announcement comes following an extensive consultative process initiated by the central bank in early 2026. The RBI sought stakeholder feedback on initial draft directions to ensure the framework aligns with industry realities and systemic stability requirements.Integration of Stakeholder Feedback into Final Regulatory...

Integra Engineering India Ltd Appoints Kinnar Joshi as Chief Financial Officer Integra Engineering India Ltd has appointed Mr. Kinnar Joshi as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company, effective July 16, 2026. The appointment was approved by the Board of Directors following recommendations from the Nomination and Remuneration Committee and the Audit Committee.Mr. Joshi joins the leadership team with over 21 years of experience in Finance, Accounting, Cost Management, and Strategic Business Management across the manufacturing and trading sectors. He is a qualified Cost Accountant (CMA), holds an MBA in Finance, and is a Commerce Graduate. His professional background includes expertise in...

Greenply Industries Limited Announces 36th Annual General Meeting and Dividend Record Date Greenply Industries Limited has scheduled its 36th Annual General Meeting, which will be conducted via Video Conferencing or other Audio Visual Means. The meeting is set to take place on Tuesday, August 25, 2026, at 11:00 a.m. Indian Standard Time.The company will provide the notice detailing the businesses to be transacted at the meeting along with the Annual Report for the fiscal year ended March 31, 2026, to its members in due course.Dividend Declaration and Record Date In relation to the final dividend for the financial year ended March 31, 2026, the Board of Directors recommended a final dividend of Re. 0.50 per equity share of Re. 1 each...

Jay Sonawala to Conclude Tenure as Independent Director at Onward Technologies Limited Onward Technologies Limited has announced that Mr. Jay Sonawala will conclude his term as an Independent Director of the company. His tenure will officially end at the close of business on July 20, 2026.The company acknowledged the contributions made by Mr. Sonawala during his association with the organization. The transition marks the completion of his scheduled term as an Independent Director.The following table provides specific details regarding the conclusion of his tenure:Event DetailsInformationReason for changeRetirement due to Completion of Tenure as an Independent DirectorDate of cessation and terms of appointmentCompletion of...

Rama Phosphates Ltd to Convene Board Meeting for Quarterly Financial Results Rama Phosphates Limited has announced that its Board of Directors will meet on July 24, 2026, to review and approve the unaudited financial results for the quarter ended June 30, 2026.The company operates in various sectors, including the production and distribution of products such as Sulphuric Acid, Oleum, Chlorosulfhonic Acid, Edible Soya Oil, Soya De Oiled Cake, Lecithin, Mix Micronutrients, Sulphur DP, SSF, Phospho Gypsum, and LABSA.As part of the standard procedure surrounding the publication of quarterly results, the company has implemented a closure of the trading window under its Code of Conduct for Prohibition of Insider Trading. The trading...

Jayshree Chemicals Ltd Announces Board Approvals for Financial Results, Appointments, and Leadership Changes Jayshree Chemicals Limited has announced several key corporate developments following a Board of Directors meeting held on July 16, 2026. The updates include the approval of unaudited financial results for the quarter ended June 30, 2026, significant leadership appointments, and the resignation of an Independent Director.Financial Performance for Quarter Ended June 30, 2026 The Board has approved the unaudited financial results for the quarter ending June 30, 2026. The results were reviewed by the Audit Committee and issued with a Limited Review Report by M/s. AMK & Associates.The company reported a total income of Rs. 581.23...

Inflame Appliances Revenue Surges 34% as Chimney Volumes Explode in Q1 FY27 Inflame Appliances Limited has reported a robust start to the fiscal year 2027, showcasing significant growth in both its operational scale and financial top line. The company announced that its total revenue for the first quarter of FY27 reached ₹35.6 crore, marking a substantial 34% year-on-year increase compared to the ₹26.7 crore recorded in Q1 FY26.This growth trajectory was primarily propelled by an extraordinary surge in chimney volumes. The company sold 64,103 units during the quarter, representing a 42% jump from the 45,259 units sold in the previous year's corresponding period.Operational Efficiency and Volume Growth Drivers The company attributes...

Pajson Agro India Limited Concludes Extraordinary General Meeting to Approve Key Business Resolutions Pajson Agro India Limited held its first Extraordinary General Meeting (EGM) for the Financial Year 2026-27 on July 16, 2026. The meeting was conducted via Video Conferencing and other audio-visual means, beginning at 4:00 P.M. (IST) and concluding at 4:35 P.M. (IST).The proceedings were chaired by Mr. Aayush Jain, Chairman and Managing Director of the company. The meeting was attended by several key members of the leadership team, including Ms. Anjali Jain (Whole Time Director), Mr. Pulkit Jain (Non-Executive Director), Mr. Prince Wadhwa (Independent Director), and Ms. Priyanka Devi (Independent Director). Also in attendance were Mr...

Oriental Trimex Limited Acquires 51 Percent Stake in Jaydev Granites Oriental Trimex Limited has announced the acquisition of a 51 percent stake in Jaydev Granites, a partnership firm incorporated on July 16, 2026. This strategic move is intended to diversify the company's business portfolio into the granite and marble mining and extraction sectors.The newly acquired entity, Jaydev Granites, is based in Odisha, India. As of the current date, the firm has not yet commenced its business operations. The acquisition allows Oriental Trimex Limited to expand into the manufacturing and trading of various types of granites and marbles, along with other related activities.The transaction involves an initial subscription amount infused in the...

Arvind Fashions Ltd to Review First Quarter Financial Results in Upcoming Board Meeting Arvind Fashions Limited has scheduled a meeting of its Board of Directors on Tuesday, July 21, 2026. The primary objective of the board meeting is to deliberate upon and approve the un-audited standalone and consolidated financial results for the first quarter ending June 30, 2026.The meeting serves as a key milestone for the company as it prepares to release its performance metrics for the initial quarter of the 2026 fiscal period. The board will review the comprehensive financial statements to provide clarity on the company's operational standing and fiscal health during this timeframe.ARVINDFASN Stock Price Movement Arvind Fashions Limited...

South Indian Bank Reports Robust Net Profit of Rs. 377.63 Cr. for Q1 FY 2026-27 South Indian Bank has announced a net profit of Rs. 377.63 Cr. for the first quarter of FY 2026-27, marking a significant growth of 17.29% compared to the Rs. 321.95 Cr. reported in Q1 FY 2025-26.The bank's performance during the period was characterized by substantial improvements in asset quality and steady growth across key lending segments. Notably, the Gross Non Performing Assets (GNPA) saw a year-on-year reduction of 177 bps, falling from 3.15% to 1.38%. Similarly, Net Non Performing Assets (NNPA) dropped by 42 bps, moving from 0.68% to 0.26%.In terms of income, the bank achieved its highest-ever Net Interest Income of Rs. 1,025 Cr., representing a...

Glen Industries Ltd Reports 24.36% Growth in Revenue for Q1 FY27 Glen Industries Ltd has reported a strong start to the financial year 2026-27, highlighted by a significant growth in its domestic sales and total revenue from operations. The company recorded a Total Revenue from Operations of Rs 5,492.92 lakh for the quarter ended June 30, 2026, representing a 24.36% increase compared to the Rs 4,416.85 lakh reported in the same period during the previous financial year.The growth was primarily propelled by a robust domestic market performance. Domestic sales rose by 43.79% to reach Rs 4,261.73 lakh from Rs 2,963.81 lakh in Q1 FY2025-26. This surge was attributed to improved demand, higher order execution, and higher unit realization...

The New India Assurance Company Ltd to Convene Board Meeting on July 24, 2026 The New India Assurance Company Limited has announced that its Board of Directors will hold a meeting on Friday, July 24, 2026. The primary objective of the meeting is to review and approve the company's financial performance for the most recent quarter.The agenda includes the consideration and approval of the un-audited financial results for the quarter ended June 30, 2026. Additionally, the Board will deliberate on any other matters deemed necessary by the directors during the proceedings.NIACL Stock Price Movement The New India Assurance Company Limited today slipped by 0.92% to settle at ₹178.4. Trading saw a total volume of 558,776 shares as the stock...