Markets

Srivasavi Adhesive Tapes Polymer Division Secures Five-Year Supply Agreement with Global MNCSrivasavi Adhesive Tapes Limited has formalized a significant supply purchase agreement with a global multinational corporation through its Polymer Division. The deal, executed on July 1, 2026, establishes Srivasavi as a specialized manufacturer of products including PP, HDPE, and fabric for the international client.The agreement is effective from July 1, 2026, and sets an initial term spanning five years, concluding on June 30, 2031, with provisions for future renewal upon mutual consent. Under this strategic partnership, Srivasavi's Polymer Division will be responsible for manufacturing woven fabric across various grades, including non-VCI...

Solarium Green Energy Ltd Reports Order Book Valued at ₹852.28 Crore as of June 30, 2026 Ahmedabad: Solarium Green Energy Limited has reported a substantial order book amounting to ₹852.28 crore as of June 30, 2026. This portfolio reflects work secured across the company’s engineering, procurement, and construction operations, alongside its solar product supply business. The orders cover mandates for various customer segments, including utility-scale, government, institutional, residential, commercial, and industrial clients.The composition of the order book highlights a growing focus on large, utility-scale EPC projects within the company's overall portfolio. The current standing strengthens Solarium Green Energy Limited’s position...

Arrow Greentech Limited Granted Patent for Color Shift Base Film in IndiaArrow Greentech Limited has been granted a patent for its innovation titled "Color Shift Base Film and Method of Manufacturing the Same" within India. The granting of this intellectual property provides Arrow Greentech with protection for the technology across the territory.The patent relates to the company's invention, which was officially registered under Patent No. 589622. This proprietary breakthrough marks a significant development in the company’s technological advancements.Key details regarding the patented invention are provided below:DetailInformationPatent TitleColor Shift Base Film and Method of Manufacturing the SamePatent No.589622...

DMR Engineering Ltd Allots Equity Shares Through Bonus Issue in DM Consulting Engineers Private Limited DMR Engineering Ltd has completed the allotment of equity shares through a Bonus Issue concerning DM Consulting Engineers Private Limited. The company allotted 6,00,000 equity shares, which constitutes 60% of the total shareholding of DM Consulting. Following the bonus issue, DMR Engineering Ltd’s shareholding in DM Consulting remains at 60%.The investment is part of a strategic relationship with DM Consulting, an entity specializing in engineering and infrastructure services. The transaction was structured as a Related Party Transaction and was conducted on an arm's length basis. Mr. Subhash Chander Mittal, Chairman and Managing...

Vadivarhe Speciality Chemicals Secures International Order Worth Rs 12.77 Crore from Japanese Chemical Company Vadivarhe Speciality Chemicals Limited has secured a significant purchase order from a leading chemical company in Japan, totaling Rs 12,77,75,000/- for the supply of specialty chemicals. This international contract marks a major business development milestone for the company.According to the details provided, the esteemed Japanese entity placed the order with Vadivarhe Speciality Chemicals Limited for the specialized chemicals required by them. The transaction is structured internationally and involves no interest from the promoter group companies in the awarding entity, nor does it constitute a related party transaction...

M/s Westpac Investments Limited Acquires 1,00,000 Shares of Getalong Enterprise Ltd M/s Westpac Investments Limited, a promoter of Getalong Enterprise Ltd, has acquired an additional 1,00,000 Equity Shares of the target company. The acquisition was completed on July 1, 2026, with the shares being purchased at Rs 7.95 per share.The transaction saw M/s Westpac Investments Limited increase its stake in Getalong Enterprise Ltd. The acquirer is categorized as a promoter of the company and the acquisition mode was through the open market.Prior to this acquisition, the holding of M/s Westpac Investments Limited stood at 87,75,000 shares, which represented 41.47% of the total voting capital. Following the purchase of 1,00,000 Equity Shares...

Vdeal System Limited Secures Order from NALCO for Power Distribution System Worth ₹28 Lakhs Vdeal System Limited has been awarded a new contract for the supply of a Power Distribution System, valued at ₹ 2800228/-, by the domestic entity NALCO. The order underscores the company's ongoing expansion and its capability in project execution within the industrial sector.The contract specifies the supply of the Power Distribution System as per the purchase order placed by NALCO. Vdeal System Limited is scheduled to complete the delivery of the order by July 29, 2026.Key details concerning this new business assignment include:ParticularsDetailsEntity Awarding OrderNALCOEntity TypeDomesticNature of ContractSupply of Power...

CARE Ratings Upgrades HFCL's Credit Profile, Assigning Care A; Positive Rating HFCL Ltd has received an upgrade of its credit ratings from CARE Ratings Limited, which was issued on July 01, 2026. The rating enhancement covers both the company's long-term and short-term bank facilities.CARE Ratings Limited upgraded HFCL’s long-term credit rating to Care A; Positive, moving it up from CARE A-; Stable. For its short-term credit facility, the rating has been enhanced to CARE A1 from CARE A2+.The upgrade reflects the improved credit profile and increased creditworthiness of the company, as assessed by CARE Ratings Limited. The positive movement in ratings reinforces confidence among lenders and stakeholders regarding HFCL's financial...

Vikas EcoTech Releases Quarterly Results, Auditor Issues Qualified Opinion Vikas Ecotech Ltd has released its Standalone and Consolidated Audited Financial Results for the quarter ended March 31, 2026, alongside a modified independent auditor's report. The results provide detailed insights into the company's operational performance across different business segments as of the financial year end.The consolidated statements show the Group generated total income of ₹36,032.64 Lakhs for the year ended March 31, 2026, compared to ₹38,384.98 Lakhs in the previous fiscal year. The company's performance across segments reflects varied outcomes, with Infra & Energy and Chemical, Polymers & Special Additives operating as key business units...

Mahamaya Steel Industries Records 17485.140 MT in June Sales Mahamaya Steel Industries Limited has provided a business update detailing its sales figures for June 2026. The company announced that its total Sales (Units) for the month amounted to 17485.140 MT.The operational data pertains specifically to the financial performance of Mahamaya Steel Industries during June, 2026.MAHASTEEL Stock Price Movement Mahamaya Steel Industries Limited shares slipped on Wednesday, settling at ₹764.3 after shedding 4.27% in trading. The stock saw a total traded volume of 1,479 shares as it closed down from its previous close of ₹799.1.

Sancode Technologies Acquires Shares in Subsidiary Sancode Semi Enhancing Semiconductor Presence Sancode Technologies Ltd has completed a significant investment in its wholly-owned subsidiary, Sancode Semi Private Limited. The transaction involves the acquisition of 4,00,000 fully paid up equity shares, with the company maintaining complete control over the entity post-acquisition.The investment is aimed at strengthening Sancode Technologies' presence within the semiconductor ecosystem and enhancing its manufacturing capabilities. This move aligns with the parent company's strategic expansion into high-technology electronic components and related services.Sancode Semi Private Limited, established in September 2025, is focused on...

Promoter Sells All Equity Shares of Enbee Trade & Finance Ltd Enbee Trade & Finance Ltd reported a significant change in holdings concerning its promoter group member, Meyhul Gaala. The transaction involved the sale of equity shares by Mr. Gaala, resulting in his holding dropping to zero post-disposal.The sale was executed through the open market and completed on BSE, with the shares being acquired/held prior to the disposal date.Details regarding the transaction are as follows:Promoter DetailsCategorySecurities TypeQuantity Held (Prior)Transaction TypeAcquisition DateSale PeriodMode of DisposalExchangeMeyhul GaalaPromoter GroupEquity Shares1,16,69,300 (1.67%)Sale27.54.67330.06.2X to 01.07.2026Open MarketBSEThe...

Containe Technologies Ltd Board Approves Rights Issue to Raise Up To ₹2,100 Lakhs Containe Technologies Limited has approved a rights issue aimed at raising funds through the issuance of equity shares to eligible existing shareholders. The decision was made by the company's Board of Directors on July 01, 2026.The proposed capital raise involves issuing equity shares with a face value of ₹10/- each. The total amount sought through this rights issue is not exceeding ₹2,100 Lakhs.Details regarding the proposed securities and issuance are as follows:ParticularsDetailsType of securities to be issuedEquity Shares having face value of ₹10 /- eachType of issuanceRights IssueTotal amount for which equity shares will be issued...

Dipna Pharmachem Ltd Reschedules Board Meeting to Discuss FY2026 Financial Results Dipna Pharmachem Limited announced that its Board of Directors meeting, held on July 1, 2026, has decided to reschedule a follow-up gathering. The initial board meeting took place at the company’s Registered Office located at A/211, Siddhi Vinayak Complex, Near D.A.V. School, Makarba, Ahmedabad - 380 055.The meeting commenced on Wednesday, July 1, 2026, at 4:00 P.M. and concluded at 7:00 P.M. The Board of Directors determined that a subsequent meeting was necessary to discuss key corporate matters.Dipna Pharmachem Limited confirmed the rescheduled board meeting for Thursday, July 2, 2026, at 04:00 P.M. This follow-up meeting will be held at the...

BHEL Announces AGM Date and Final Dividend Details for FY 2025-26Bharat Heavy Electricals Limited (BHEL) has announced the date for its upcoming Annual General Meeting (AGM) and set the record date necessary for members to receive the final dividend for the fiscal year 2025-26.The Board of Directors approved the details during a meeting held on July 1, 2026. The company will hold its 62nd Annual General Meeting (AGM) on Wednesday, August 5, 2026, at 10 A.M. IST via Video Conferencing or other Audio Visual Means. Members whose email addresses are registered with the Company or Depositories will receive the AGM notice along with the Annual Report for 2025-26 in electronic format.A key financial detail announced is the final dividend...

National Stock Exchange Grants No Objection to Divine Power Energy Limited's Proposed Scheme of Arrangement Divine Power Energy Limited, a manufacturer of Winding Wires and Strips (Fiberglass/DPc/Dcc/SE), has received an Observation Letter from the National Stock Exchange of India Limited (NSE) concerning its proposed Scheme of Arrangement. The NSE conveyed "No Objection" to enable the company to file the scheme before the Hon'ble National Company Law Tribunal (NCLT).The proposed Scheme involves Divine Power Energy Limited (Transferee Company) and Viraj Upkram Private Limited (Transferor Company), along with their respective shareholders and creditors. The observation is subject to compliance with observations, conditions, and...

Railtel Corporation of India Limited Promotes Executive Director to Principal Executive Director Railtel Corporation of India Limited has announced the promotion of Shri Vishwanath Bharatula, recognizing his extensive experience and contributions to the organization. He has been promoted from the position of Executive Director/Mktg/SR to Principal Executive Director/Mktg/SR. This elevation makes him part of the Senior Management Personnel of the Company, effective from the date he takes charge of the higher post.Shri Bharatula's career profile includes extensive experience in Supply Chain Management, HR Management, Project Monitoring, and Implementation. He is highly proficient in Forward and Reverse Auction processes, e-procurement...

Income Tax Penalty Levied Against DCM Shriram Limited for FY 2021-22; Company Appeals to ITAT DCM Shriram Limited has received a penalty order from the Income Tax Department related to the sale of buildings during Financial Year (FY) 2021-22. The Assessment Unit levied a penalty totaling Rs. 1.59 crore after making additions on account of building sales in the company's tax assessment.The Penalty Order, dated June 29, 2026, pertains to violations committed or alleged regarding the sale of buildings. The Assessing Officer had made additions concerning these assets while treating them as capital assets, in addition to other adjustments.The penalty was imposed by the Assessment Unit, Income Tax Department, for the assessment year (AY)...

Dev Information Technology Secures Contract from GIFTCL to Transform Digital Ecosystem of India's IFSC Dev Information Technology Limited (DEVIT) has secured a significant work order from Gujarat International Finance Tec-City Company Limited (GIFTCL). The contract aims to modernize and transform the digital ecosystem of GIFT City, reinforcing its stature as India's premier International Financial Services Centre (IFSC).The engagement involves comprehensive digital transformation services for GIFT City. DEVIT will be responsible for the design, development, deployment, implementation, and maintenance of a modern and scalable multilingual web-portal. A key component of the project is the creation of an interactive Digital Twin...

Taj GVK Hotels & Resorts Receives Occupancy Certificate for Bengaluru Property Taj GVK Hotels and Resorts Ltd has received the Occupancy Certificate from the Karnataka Industrial Areas Development Board for its forthcoming luxury hotel, Taj Yelahanka, located in North Bengaluru.The property is set to be a 256-key luxury hotel. The company expects operations to begin in the coming months, with the scheduled opening of Taj Yelahanka anticipated by September 2026.Taj Yelahanka is strategically positioned in response to strong demand within Bengaluru for corporate travel, MICE activities, and growing leisure traffic. In addition to the existing 3-acre site, the company also holds an adjacent 4-acre land parcel which may be developed as...