Markets

Tata Motors Reports Strong Q1 FY27 Sales, Achieving 27% Year-on-Year Growth with 108,488 Units Delivered Mumbai – Tata Motors Limited reported robust sales figures for the first quarter of Fiscal Year 2027 (Q1 FY27), reaching a total of 108,488 units across both domestic and international markets. This performance reflects sustained demand within the commercial vehicle segment and stands at a 27% year-on-year growth rate compared to Q1 FY26 sales of 85,606 units.The company’s Q1 FY27 results show significant momentum across various commercial vehicle categories. Sales in June 2026 reached 40,805 units, up from 30,238 units in June 2025, indicating a strong month-end performance.A detailed breakdown of the Q1 FY27 and June...

DJ Mediaprint & Logistics Limited Completes Warrant Conversion, Capital Reaches ₹34.93 Crore DJ Mediaprint & Logistics Limited, formerly known as DJ Logistic Solutions Private Limited, announced that its Board of Directors approved the conversion of warrants into equity shares on July 1, 2026. This strategic move followed shareholder approval given during an Extra Ordinary General Meeting held on October 6, 2024.The company’s Board formally considered and sanctioned the allotment of convertible warrants to promoters and non-promoters on January 2, 2025. On July 1, 2026, the conversion of 2,61,503 warrants was approved, resulting in the issuance of an equal number of equity shares. These new shares have a face value of ₹10 each and...

Sundaram Finance Details Exercise of Stock Options under Employee Stock Option SchemeSundaram Finance Limited has released details concerning the exercise of stock options granted as part of its established incentive program for employees. The company provided information regarding the options exercised under the Sundaram Finance Employee Stock Option Scheme - 2008 (SFESOS).The details pertaining to the option grant and subsequent exercise are as follows:MetricDetailGrant TypeESOPNumber of Grants15Date of GrantMay 26, 2023Exercise DateJune 30, 2026Total Options20Following the exercise, Sundaram Finance Limited confirmed that suitable steps have been completed to facilitate the transfer of equity shares. The...

Tokyo Plast International Ltd to Incorporate Wholly Owned Subsidiary for Retail Distribution Tokyo Plast International Ltd has approved the incorporation of a wholly owned subsidiary company to focus exclusively on the retail distribution of its stainless steel and plastic drinkware products. The decision was made by the Board of Directors during a meeting held on June 30, 2026.The incorporation of the new entity is designed to provide the Company with a more agile and customer-focused approach in the market. This strategic move allows Tokyo Plast International Ltd to dedicatedly focus on expanding its retail presence across its stainless steel and plastic drinkware product lines.The subsidiary, which can be named Pinnacle Retail...

Board of Directors Approves Appointment of M/s RKKV & Associates as Cost Auditors for Regent EnterprisesRegent Enterprises Ltd has appointed M/s. RKKV & Associates, a reputed firm based in Noida, Uttar Pradesh, to serve as the company's Cost Auditors. This decision was reached during the Board of Directors meeting held on Wednesday, July 01, 2026.The Board approved the appointment of M/s. RKKV & Associates for the financial years 2025-26 and 2026-27. The appointment is subject to confirmation by members at the ensuing Annual General Meeting (AGM). The meeting commenced at 3:30 pm and concluded at 4:15 pm on July 01, 2026.The appointment involves M/s. RKKV & Associates, Cost Accountants (FRN: 103938), Noida, Uttar...

Ashiana Housing Limited Reports Q1 FY27 Performance with Significant Bookings and Land Acquisition Milestone Ashiana Housing Limited has released an update on its operational performance for June 2026 and the first quarter of fiscal year 2027. The company recorded key metrics regarding booked area and value, alongside several important updates concerning unit bookings, product launches, land acquisition, and project timelines.The financial snapshot shows strong figures for both the month of June 2026 and Q1 FY'27.ParticularsJune 2026Q1 FY '27Area Booked (in lakhs sq. ft.)1.323.61Value of Area Booked (INR in Crores)130.37357.80Among the operational highlights for Q1 FY'27, Ashiana Housing recorded bookings for 234 units...

Sai Parenterals' Subsidiary Secures Major Renewal of Exclusive OTC Supply Agreement in AustraliaSai Parenterals Limited has announced that its Australian subsidiary, Noumed Pharmaceuticals Pty Ltd, successfully renewed its long-term exclusive OTC Medicines Supply Agreement with one of Australia's leading pharmacy chains. This landmark renewal significantly strengthens Sai Parenterals' international footprint and cements the company's standing as a trusted strategic partner in the highly regulated Australian market.The agreement, effective from July 1, 2026, is valued at AUD 202 Million (equivalent to INR 1300 crores), translating to approximately AUD 27 Million per annum. The deal spans an extended term of 7.5 years and includes a...

Motherson Sumi Wiring India Sets Record Date for Dividend Amid AGM Intimation Motherson Sumi Wiring India Limited has announced the record date for determining eligibility to receive a dividend, alongside setting the schedule for its upcoming Annual General Meeting (AGM). The company confirmed that shareholders will be eligible for the dividend based on the provided record date.The Board of Directors had recommended a dividend of INR 0.58 per Equity Share in its meeting held on April 28, 2026. This recommendation is subject to shareholder approval at the forthcoming AGM scheduled for July 28, 2026.The company designated Tuesday, July 14, 2026, as the Record Date for dividend purposes. The details regarding the security type and...

Indus Infra Trust Acquires 100% Equity Stake in ULCCS Kasaragod Expressway Private Limited Indus Infra Trust has successfully acquired 100% equity share capital and beneficial interest of Uralungal Labour Contract Co-operative Society Limited (ULCCS) in Ulkalungal Labour Contract Co-operative Society Limited (Seller) from the expressway entity, UKEPL.The transaction confirms that Indus Infra Trust (the Buyer) obtained full ownership of ULCCS Kasaragod Expressway Private Limited (UKEPL). The acquisition finalized the transfer of all equity shares of UKEPL to the Buyer, with one exception.While the majority of the shares were transferred immediately following the transaction, a single equity share held by the Seller's Nominee remains...

Shri S.K. Sinha Assumes Charge as Director (Finance) at GAIL (India) Limited Shri S.K. Sinha has assumed the role of Director (Finance) at GAIL (India) Limited, an integrated energy major. Prior to this appointment, he served in the capacity of Executive Director (Finance & Accounts).The announcement details Mr. Sinha’s extensive background and contributions to the company's financial strength and strategic direction.Expertise and Career Profile Mr. Sinha is a qualified Cost and Management Accountant with over three decades of experience across the oil and gas sector. His expertise spans several critical areas, including Corporate Finance, Corporate Accounts, Management Accounting, Investor Relations, Taxation, Treasury and Banking...

Treasury Bill Auction Results: RBI Releases Detailed Data as Yields Stabilize Across All Tenors Key Metrics from the Latest RBI Treasury Bill Auction The Reserve Bank of India (RBI) released the complete results of its recent Treasury Bills auction, providing granular data on demand and pricing for 91-Day, 182-Day, and 364-Day tenor bills. The auction results detail competitive and non-competitive bids received and accepted across all maturities.For the 91-Day bill, a Notified Amount of ₹9,000 crore was announced. Competitive bidding generated a high level of interest, with 76 bids initially received. Following evaluation, 29 competitive bids were accepted for this tenor.Demand and Acceptance Rates Across Maturities The auction data...

Indus Infra Trust Acquires 100% Equity of UKEPL in Expressways Transaction Indus Infra Trust has successfully acquired the equity share capital and beneficial interest of ULCCS Kasaragod Expressway Private Limited (UKEPL). The acquisition was completed from Uralungal Labour Contract Co-operative Society Limited.The transaction marks a significant step for Indus Infra Trust, which has taken over UKEPL. According to the details of the purchase, all equity shares of UKEPL were transferred to Indus Infra Trust, with the exception of one share held by the Seller's Nominee.Necessary steps are currently underway to facilitate the transfer of the remaining single equity share to the Buyer's nominee in accordance with applicable laws and...

Cargosol Logistics Schedules Board Meeting to Approve Extensive Fundraising Proposal Cargosol Logistics Limited has scheduled a meeting of its Board of Directors to review and sanction a comprehensive proposal aimed at raising funds through various financial instruments. The board meeting is set for Saturday, July 4, 2026.The proposed fundraising initiative covers a broad range of securities. The company intends to explore options including the issuance of equity shares, Foreign Currency Convertible Bonds (FCCBs), non-convertible debentures, and warrants, or any combination thereof. These instruments are available in Rupee-denominated or foreign currency variations.The methods for raising capital under this proposal include a public...

Acme Solar Holdings Limited Commissions Battery Energy Storage System (BESS) Project Acme Solar Holdings Limited (ASHL) has successfully commissioned a portion of its Battery Energy Storage System (BESS) project, achieved through its subsidiary, ACME Suryodaya Private Limited. The commissioning occurred at the location in Rajasthan, and the commercial operation date for the system is set for July 02, 2026.The BESS project, located in Village Sanwara and Mehar Nagar, Tehsil-Pokhran, District Jaisalmer, Rajasthan, saw a capacity of 240.720 MWh commissioned on June 30, 2026. This project represents an operational update to the storage infrastructure managed by ASHL.ACME Suryodaya Private Limited has made progress in the commissioning...

Endurance Technologies Subsidiary Increases Stake in Stöferle Companies Endurance Overseas SpA (EOSpA), a wholly-owned subsidiary of Endurance Technologies Ltd, has increased its shareholding in the Target Companies: Stöferle GmbH and Stöferle Automotive GmbH. The stake increase follows the execution of an additional transfer agreement for the acquisition of shares.The transaction details confirm that EOSpA acquired an additional 8% stake in both Stöferle GmbH and Stöferle Automotive GmbH. This latest acquisition, which took place on June 29, 2026, is carried out in accordance with the terms of the Share Purchase Agreement originally signed in December 2024.Prior to this additional acquisition, EOSpA held a 60% stake in the Target...

Manoj Jewellers Postpones Board Meeting Regarding Rights Issue Due to Pending Exchange Approval Manoj Jewellers Limited has announced the postponement of its scheduled Board meeting concerning a forthcoming Rights Issue. The company confirmed that the meeting, initially slated for July 01, 2026, will be held later once in-principle approval from the Stock Exchange is secured regarding the matter.The Board meeting was originally scheduled to address several critical aspects of the planned rights issue. These included considering and approving the fixing of the record date, the Issue price, the entitlement ratio, and other terms and conditions related to the Rights Issue.The decision to postpone the event stems from the ongoing...

Hero MotoCorp commits over Rs 3,200 crore investment as it establishes Global Parts Centre in Tirupati Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters, has marked a significant milestone with the Foundation Stone Laying Ceremony for its second Global Parts Centre (GPC) in Tirupati, Andhra Pradesh. This facility represents an investment exceeding Rs 750 crores as part of a cumulative roadmap commitment of over Rs 3,200 crores across the state.The investment is set to position Tirupati as a leading hub for electric mobility and manufacturing, strengthening Hero MotoCorp's global supply chain within India’s automotive and EV ecosystem.Dr. Pawan Munjal, Executive Chairman of Hero MotoCorp, stated that the...

NLC India Limited Addresses Governance Non-Compliance Issues Following Stock Exchange Fines NLC India Limited has taken necessary actions following the imposition of fines by Stock Exchanges concerning non-compliance with Corporate Governance requirements. The matter was reviewed during a Board meeting held on May 29, 2026, pertaining to the quarter ended March 31, 2026.The company’s Board noted the actions taken by the Stock Exchanges involving fines for failing to meet prescribed Corporate Governance standards. These issues relate to the composition of the Board of Directors and included a failure to appoint an Independent Director and a Women Director. Furthermore, non-compliance was observed regarding the constitution of several...

Crompton Greaves Restructures Senior Leadership, Appointing New Head for Home Electricals Crompton Greaves Consumer Electricals Limited has announced several key changes in its senior management team as part of its ongoing commitment to strengthening leadership capabilities and driving long-term growth. These personnel movements, which come into effect from July 2, 2026, involve appointments, role shifts, and reporting structure realignments across various business units.The company has appointed Mr. Sachin Phartiyal as the Business Unit Head for Home Electricals. Mr. Phartiyal brings nearly three decades of experience in consumer durables and electricals to the role. He holds a B.Sc. from C.C.S. University, Meerut, and possesses...

Lupin Scores U.S. FDA Inspection for Somerset Facility with VAI Classification, Bolstering Global Compliance Efforts Pharma Giant Secures Crucial US FDA EIR for Key Manufacturing Plant Mumbai: Global pharmaceutical leader Lupin Limited (Lupin) announced today that it has received the Establishment Inspection Report (EIR) from the United States Food and Drug Administration (U.S. FDA). The report pertains to its manufacturing facility located in Somerset, New Jersey. This development underscores the company's persistent focus on maintaining stringent international quality standards.The inspection was conducted by U.S. FDA officials over several days, specifically between April 13, 2026, and April 17, 2026. Lupin has classified its...