Markets

Happy Forgings Limited Announces 47th Annual General Meeting Details Happy Forgings Limited has scheduled its 47th Annual General Meeting (AGM) for the members of the company. The AGM is set to take place on Monday, July 27, 2026, at 11:30 A.M. IST.The meeting will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM).Shareholders are also informed regarding the availability of the Annual Report for the Financial Year 2025-26 and details related to the general meeting.Complete information on the company's Annual Report for the Fiscal Year 2025-26 is accessible through the company website. The specific path for accessing the report has been made available for shareholders who have not registered their email...

PB Fintech Limited invests INR 13 Crores in wholly owned subsidiary PB Pay for business expansion PB Fintech Limited has made an investment of INR 13,00,00,000/- in the equity shares of its wholly owned subsidiary, PB Pay Private Limited. This capital infusion is part of a total approved amount of INR 20,00,00,000/- and is aimed at supporting business expansion and fulfilling regulatory requirements for operating as a Payment Aggregator (PA).PB Fintech has infused the funds into the equity shares of PB Pay Private Limited through a cash consideration. In return for the investment, PB Pay will allot 1,30,00,000 equity shares to PB Fintech Limited, at a face value of Rs. 10/- each. As PB Fintech already holds a 100% stake in PB Pay, the...

Ramco Systems Limited Authorizes Key Managerial Personnel for Event Materiality Determination Ramco Systems Limited announced that its Board of Directors has authorized specific Key Managerial Personnel (KMP) members regarding the determination of materiality for company events and information. This decision was made during a Board meeting held on July 02, 2026.The authorization designates senior executives responsible for assessing the significance of events or information, ensuring appropriate disclosure standards are maintained by the organization.The KMPs authorized by the board include the Managing Director, Chief Executive Officer, Chief Financial Officer, and Company Secretary. The details of these personnel are as follows...

Central Bank of India reports Q1 FY26-27 provisional business figures: Total Business reaches 833,840 crore Central Bank of India has reported its provisional business figures for the first quarter of the financial year 2026-27 (Q1 FY26-27), showing growth across key operational metrics. The company disclosed these provisional results in relation to its banking operations.The provided data offers a snapshot comparing the bank's performance over recent periods, including reviewed figures as of June 30, 2025, audited numbers from March 31, 2026, and the latest provisional standing for Q1 FY26-27. All figures are denominated in ₹ Crore.Key operational details include:ParticularsTotal Business (Q1 FY26-27 Provisional)Total Deposits...

Decillion Finance Ltd Appoints New Statutory Auditors and Nita Agarwal as Additional Independent Director Decillion Finance Ltd announced significant appointments following its Board of Directors meeting held on July 2, 2026. The Board recommended M/s MGSA & Company as the new Statutory Auditor and approved the appointment of Mrs. Nita Agarwal as an Additional Non-Executive Independent Director (ANED).The appointment of M/s MGSA & Company was made to fill a casual vacancy that arose due to the resignation of the previous auditors, T D K & Co. The Board recommended this appointment, following the advice of its Audit Committee. M/s MGSA & Company has been appointed for one financial year, covering 2026-27.Mrs. Nita Agarwal was...

Indian Bank Revises Benchmark Rates Including TBLR After ALCO Review Indian Bank has reviewed and revised several key benchmark rates following a decision by its Asset Liability Management Committee (ALCO). The revisions pertain to Treasury Bills Linked Lending Rates (TBLR), MCLR, Base Rate, and other associated benchmarks. These updated rates are set to become effective starting July 3, 2026.The ALCO determined the new TBLR based on different tenors. For loans with a tenure of three months or less, the rate was reduced. Meanwhile, increases were seen for longer-term lending categories.Treasury Bills Linked Lending Rate (TBLR) Revisions The following table details the changes in TBLR across various tenor segments:Sl...

Vaishali Pharma Board Approves Increase in Authorized Share Capital The Board of Directors of Vaishali Pharma Limited, in a meeting held on July 2, 2026, reviewed and approved several key corporate actions related to the company’s capital structure. The primary decision involved an increase in the authorized share capital, which is now subject to member approval via a postal ballot.The Board considered and sanctioned the shift in the Authorized Share Capital from its previous structure to a new level. The details of this change are as follows:AspectPrevious StatusNew StatusAuthorized CapitalINR 27,00,00,000INR 29,00,00,000Total Shares13,50,00,000 Equity Shares14,50,00,000 Equity SharesFace Value per ShareINR 2/-INR 2/-...

NHC Foods Ltd Approves Letter of Intent for Acquisition of Agri Commodity Trading Firm Agriconnect Solutions NHC Foods Ltd has approved a Letter of Intent (LOI) regarding the proposed investment and acquisition of M/s. Agriconnect Solutions Private Limited, a company involved in the Supply and Trading of Agri Commodities. This strategic move is intended to introduce enhanced procurement and distribution capabilities into NHC Foods' operations.M/s. Agriconnect Solutions Private Limited has been operating since 2021 and has built a profitable track record within the industry. The company reported a top line revenue of INR 117.57 crores during FY25, while its peak revenue reached INR 360 crores in FY24. Financially, Agriconnect earned...

Manorama Industries Completes Qualified Institutions Placement (QIP) of Equity Shares Manorama Industries Ltd has closed its Issue of equity shares through a Qualified Institutions Placement (QIP). The company's Board of Directors finalized the closure on Thursday, July 02, 2026, following the receipt of application forms and funds in the escrow account from eligible qualified institutional buyers.The QIP was initiated on Monday, June 29, 2026. Following the successful conclusion of the placement, Manorama Industries announced the allocation details for the Issue.The Board determined and approved the allocation of 34,01,360 Equity Shares. The pricing structure established during the closure included an issue price of X 1,470 per...

Patel Integrated Logistics Announces Share Buyback Offer at ₹20 Per Share; Details and Timeline Set Patel Integrated Logistics Limited has announced a proposal for a share buyback, offering eligible shareholders an opportunity to sell up to 54,00,000 equity shares of the company. The move is intended to return surplus cash to stakeholders and enhance shareholder value.The offer details include a fixed Buyback Price of ₹20/- per Equity Share, significantly above its face value. The total aggregate amount available for this purchase does not exceed ₹10,80,00,000/-, representing 8.434% to 8.435% of the aggregate of the company's total paid-up capital and free reserves as per the latest audited financial statements for the fiscal year...

Shareholders of Dr. Agarwals Health Care Ltd Approve Scheme of Amalgamation with Dr. Agarwal's Eye Hospital Limited The equity shareholders of Dr. Agarwals Health Care Limited successfully concluded the convened meeting regarding the Scheme of Amalgamation involving the company and its subsidiary, Dr. Agarwal's Eye Hospital Limited. The meeting was held on July 02, 2026, at The Music Academy in Chennai.The purpose of the gathering was to have the shareholders consider and approve the Scheme of Amalgamation of Dr. Agarwal's Eye Hospital Limited with Dr. Agarwals Health Care Limited, along with their respective shareholders and creditors. Members were informed that detailed material information regarding the Resolution, including the...

Patel Integrated Logistics Limited Launches Buyback Offer at ₹20 Per Share Patel Integrated Logistics Limited has initiated a tender offer for the buyback of its Equity Shares, offering existing shareholders an opportunity to participate in the transaction. The company set out this initiative as part of its strategy to return surplus cash to shareholders and enhance long-term value.The purchase is being executed through the tender offer route using the stock exchange mechanism, with BSE Ltd designated as the Stock Exchange for the Buyback.Key Details of the Buyback Offer The core details of the buyback program are as follows:MetricDetailMaximum Number of Shares to be Bought BackUp to 54,00,000 (Fifty Four Lakhs) fully paid-up...

Tata Steel Completes 119th AGM: Approves Dividend, Strategic Appointments, and Material Related Party Transactions Tata Steel Limited held its 119th Annual General Meeting (AGM) on Thursday, July 2, 2026. The meeting commenced at 10:30 a.m. and concluded at 2:05 p.m., conducted through Video Conferencing (VC) and other Audio-Visual Means (OAVM).The AGM saw the Chairman of the Board, Mr. Natarajan Chandrasekaran, preside over the meeting. The Directors, Statutory Auditors from Price Waterhouse & Co. Chartered Accountants LLP, Cost Auditors M/s Shome & Banerjee, Secretarial Auditors M/s Parikh and Associates, along with Union representatives were present via VC.The Chairman welcomed members and called the AGM to order after confirming...

5Paisa Capital Limited Utilizes Additional Mumbai Premises Due to Space Constraints 5Paisa Capital Limited has announced that it is utilizing additional office premises in Mumbai, necessitated by space limitations at its registered office. The engagement of this new location is part of maintaining operational transparency for the company.The premises designated for additional use are located at 901, 902 and 903 9th floor Solaris One, N.S. Phadke Marg, Andheri (E) Mumbai - 400069.The company clarified the scope of work for this particular location. The premises are strictly utilized for internal routine purposes only. 5Paisa Capital Limited confirmed that no client dealing or interaction takes place at the site. Furthermore, this...

Allied Digital Services Limited Re-designates Paresh Shah as Chief Innovation Officer Allied Digital Services Limited has announced a change in the role of Mr. Paresh Shah, redesignating him from Chief Executive Officer (CEO) to Chief Innovation Officer (CINO). The transition was formalized by the Board of Directors and is effective from July 01, 2026.The company confirmed that Mr. Paresh Shah ceased serving as the CEO on June 30, 2026. Following this cessation, he was appointed as the Chief Innovation Officer (CINO) starting July 01, 2026. This appointment is set against the backdrop of the Company's evolving business priorities and its sustained focus on innovation and technology advancement.In his capacity as CINO, Mr. Shah will...

S&P 500 Rallies as Weak Job Growth Thwarts Fed Hikes, Draining Market Expectations U.S. stock markets advanced sharply after a slower-than-expected jobs report tempered investor expectations regarding immediate Federal Reserve rate increases. The data suggested that despite recent signs of strength, the labor market continues to face underlying challenges. This shift in outlook drove bond yields down and boosted major indices across Wall Street.Stocks Rally as Rate Hike Prospects Diminish The S&P 500 Index rallied by 0.6% at 9:42 a.m. in New York, reversing a downturn from the previous day. The technology sector gained ground, with the Nasdaq 100 Index moving up 0.4%. Shorter-term Treasury yields also saw a decline following the jobs...

STL Networks Appoints Col Girish Nandan Juneja as Chief Operating Officer STL Networks Limited has appointed Colonel Girish Nandan Juneja as the Chief Operating Officer (COO), designated as a Senior Management Personnel of the company. The appointment was approved by the Board of Directors on July 2, 2026, following a recommendation from the Nomination and Remuneration Committee.The company announced the appointment of Col Girish Nandan Juneja with effect from July 2, 2026.Col Girish Nandan Juneja brings over three decades of experience spanning both corporate and military domains. His background includes holding the position of COO at Freyr Energy prior to joining STL Networks Limited. He possesses a diverse leadership profile...

Domestic Investors Shore Up Markets as Indices Slip Amid Global Caution and Institutional Flows Indian stock markets closed slightly lower on July 2, registering a marginal dip while being primarily propped up by strong inflows from domestic institutional investors (DIIs). Foreign investors maintained net selling pressure, although the day’s overall performance was heavily influenced by cautious global cues. The market session underscored the growing reliance of local capital to sustain momentum in Indian equities.Institutional Flows: DII Strength Counters FII Outflow Provisional data revealed that Domestic Institutional Investors (DIIs) acted as significant buyers on the day. DIIs purchased shares worth Rs 17,391.61 crore and sold...

Sambhv Steel Tubes Achieves All-Time High Sales Volume for Value Added Products in Q1 FY27 Sambhv Steel Tubes Limited reported witnessing its highest-ever sales volume in the first quarter of FY27 (Q1 FY27) for its Value Added Products. The strong performance was significantly driven by the Pre-Galvanised (GP) Coils & Pipes segment and the Stainless Steel Coils market, according to a report released on July 02, 2026.The company successfully scaled its portfolio of high-value products while maintaining overall volume stability despite global disruptions caused by ongoing international war, which has adversely affected the broader industry.Q1 FY27 Sales Volume Details The sales performance across various product categories is detailed...

Kratikal Tech IPO Surges to 205x Subscription as Six Companies Close Public Offerings The conclusion of six diverse initial public offerings (IPOs) on July 2 saw strong investor demand across the market. Among the participants, Noida-based software cybersecurity solutions provider, Kratikal Tech, stood out, closing its offering with an overwhelming subscription multiple. This performance contrasts with the other five companies that closed their IPOs, which generally saw subscriptions ranging between single digits and double digits.All six public issues opened on June 30th. The allotment for these offerings is scheduled to be finalized by July 3rd, while trading of the respective equity shares will commence on July 7th.Kratikal Tech...