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India Stock Market Daily Regulatory Digest — July 01, 2026

Daily India Market Intelligence

By Gunpowder Editorial ·

11 high priority 39 medium priority 50 total filings analysed

Executive Summary

Marking a busy start to July, today's digest is dominated by three high-impact themes: significant capital raising by STERLITE TECHNOLOGIES, aggressive NCR land acquisition by GODREJ PROPERTIES, and notable credit rating and management turmoil in the financial and IT sectors.

The period comparisons reveal a robust ~21% YoY revenue growth for SG FINSERVE, offset by contrasting performances in auto (SML Mahindra) and diagnostics (Vijaya Diagnostic insider selling). Key risks include a rare auditor resignation from SHASHANK TRADERS and a potential credit watch for AAVAS FINANCIERS due to a senior management exodus. Opportunities emerge from metal sector upgrades (JINDAL STEEL), M&A in wealth management (WEALTH FIRST), and strong operational momentum from CAMS integration. The day's filings point to a market favoring companies with strong balance sheets and clear growth narratives, while penalizing those with governance or leadership uncertainties.

Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →

Filing types in this digest: Corporate governance · M&A · Corporate action

Tracking the trend? Catch up on the prior India Stock Market Daily Regulatory Digest digest from June 23, 2026.

Investment Signals (10)

  • Sterlite Technologies ↓
    ▲

    QIP fully subscribed, raising ~₹1,500 Cr at a 5% discount to floor price, issue price of ₹583.01. This strengthens balance sheet for growth (optical fiber/telecom) and deleveraging. [BULLISH for debt reduction and growth capex]

  • SG Finserve ↓
    ▲

    Provisional loan book of ~₹4,551 Cr as of June 30, 2026, showing an exceptional ~82% YoY and ~16% QoQ growth. Indicates strong demand in supply chain financing, though subject to audit. [BULLISH on business momentum]

  • Godrej Properties ↓
    ▲

    Won a land parcel in Noida (Sector 151) for ₹331.75 Cr with projected revenue potential >₹2,000 Cr. Combined with earlier Greater Noida acquisition (₹7,000 Cr potential), deepens NCR presence. [BULLISH for real estate / NCR play]

  • Jindal Steel ↓
    ▲

    Long-term rating upgraded to 'CARE AA+; Stable' from 'CARE AA; Stable', reflecting improved credit profile and financial health. Short-term rating reaffirmed at 'A1+'. [BULLISH for debt profile and investor confidence]

  • Wealth First Portfolio Managers ↓
    ▲

    Announced a strategic acquisition of Wealth First Advisors (valued at ₹102.15 Cr equity), with combined AUM of nearly ₹9,000 Cr and a five-year AUM target of ₹20,000 Cr. [BULLISH for wealth management consolidation]

  • BHEL
    ▲

    Final dividend declared at ₹1.40 per share (70% of face value), record date set for July 17. Dividend yield is minor but signals stability in a PSU. [BULLISH for income-focused investors]

  • Power Grid Corporation ↓ (NEUTRAL TO SLIGHTLY BEARISH)
    ▲

    Director (Finance) & CFO superannuated. While routine, any leadership vacuum in a capital-intensive PSU could cause short-term uncertainty.

  • Kajaria Ceramics ↓ (BULLISH)
    ▲

    Announced a buyback of 21.5 lakh shares at ₹1,380 each (total ₹296.7 Cr), representing ~1.35% of total capital. Opens July 3. This signals management confidence in intrinsic value and returns surplus cash.

  • Gillette India ↓ (BULLISH)
    ▲

    Appointment of a new Sales Head (Mr. Kalianna) effective Aug 1, succeeding Ms. Venkateswaran who moves to P&G Korea. Internal succession suggests stability, no material disruption.

  • RITES ↓
    ▲

    Won a Project Management Consultancy contract from BBAU (Lucknow) for a total project cost of ₹175.41 Cr (excluding GST). Order is on a cost-plus basis; execution over 30 months. [BULLISH for niche PSU order inflow]

Risk Flags (10)

  • Aavas Financiers↓ [HIGH RISK]
    ▼

    Placed on 'Rating Watch with Developing Implications' by ICRA following exit of CEO, CBO, CFO and CRO (April-June 2026). Strong liquidity (₹2,114 Cr) and AUM (₹23,452 Cr) but management turmoil is a significant governance risk.

  • Shashank Traders↓ [HIGH RISK]
    ▼

    Resignation of statutory auditor (Nemani Garg Agarwal & Co.) effective June 30, just one month after signing off on FY26 annual results. Cited 'change in management' – a rare and serious red flag for governance.

  • Twamev Construction↓ [HIGH RISK]
    ▼

    Promoter Shrish Tapuria sold 9.75 lakh shares (0.63%) on NSE/BSE on June 30, reducing his stake below the 5% threshold to 4.63%. This triggers additional regulatory compliance and signals potential lack of confidence.

  • SML Mahindra↓ [HIGH RISK]
    ▼

    Cargo vehicle sales collapsed 26% YoY in June 2026 (355 units), contrasting with passenger vehicle growth of 13%. Indicates weakness in core business segment (likely due to slowdown in industrial transport).

  • Vijaya Diagnostic Centre↓ [MEDIUM RISK]
    ▼

    A large institutional fund group (abrdn) reduced its stake by 0.13% to 3.24% via an open market sale on June 29. Continuous portfolio reduction is a bearish signal for the stock.

  • Garlon Polyfab↓ [HIGH RISK]
    ▼

    Audited annual profit for FY26 was a mere ₹0.12 Lakhs, a slight improvement from a loss of ₹3.24 Lakhs but still negligible vs market cap. Revenue from operations is zero; reliance on 'other income' is not sustainable.

  • Bombay Cycle & Motor Agency↓ [MEDIUM RISK]
    ▼

    Book closure for dividend (₹5/share) is July 25-30, record date July 24. While neutral, the stock's low liquidity could see price dips as ex-dividend date approaches.

  • Shashank Traders (contd.) [HIGH RISK]
    ▼

    The auditor resignation so soon after completing the audit for the year ended March 31, 2026 could indicate undisclosed issues or unresolved disagreements, potentially leading to deeper regulatory scrutiny.

  • KSR Footwear↓ [MEDIUM RISK]
    ▼

    CFO resigns effective June 30 due to internal transfer, but change in such a critical role (CFO) warrants monitoring for any financial reporting disruption or control changes.

  • IndiGo (via Mach Conferences newsletter)
    ▼

    Suspension of Manchester flights effective Aug 31 is a data point indicating rising costs in aviation, which could impact ancillary sectors. [LOW TO MEDIUM RISK for aviation sector]

Opportunities (10)

  • Jindal Steel / Rating Upgrade↓ (OPPORTUNITY)
    ◆

    Credit rating upgrade to 'AA+' opens door for lower borrowing costs. Combined with strong capex plans in Odisha, this is a sign of improving credit profile.

  • Wealth First Portfolio Managers↓ (OPPORTUNITY)
    ◆

    Acquisition of Wealth First Advisors at a valuation of ₹102.15 Cr equity (51% now, rest later). Combined AUM ~₹9,000 Cr with target of ₹20,000 Cr in five years. A multi-year growth story in wealth management.

  • Godrej Properties / NCR Land Bank↓ (OPPORTUNITY)
    ◆

    Winning two key land parcels in Noida/Greater Noida within a month with combined revenue potential >₹9,000 Cr. Positions GPL to capitalize on NCR real estate upcycle.

  • SG Finserve / Loan Book Growth↓ (OPPORTUNITY)
    ◆

    82% YoY loan book growth to ₹4,551 Cr. If asset quality holds, earnings growth will follow. Early-stage growth momentum is strong.

  • RITES / PSU Order↓ (OPPORTUNITY)
    ◆

    PMC contract for ₹175 Cr cost-plus project. While not huge, it adds to a steady order book; government spending on infra/education is a tailwind for such PSUs.

  • Kajaria Ceramics / Buyback↓ (OPPORTUNITY)
    ◆

    Buyback at ₹1,380 per share (closing market price likely higher now). Tender offer route gives shareholders a chance to exit at a premium, good for smaller holders.

  • BHEL / Dividend & Record Date (OPPORTUNITY)
    ◆

    Final dividend of ₹1.40 per share announced; record date July 17. For income-focused investors, this offers a short-term arbitrage opportunity by buying before the record date.

  • Anlon Healthcare / Subsidiary Incorporation↓ (OPPORTUNITY)
    ◆

    Setting up wholly-owned subsidiaries for surgical implants and biologics. Strategic pivot into high-value life sciences could unlock shareholder value over the long term.

  • Sterlite Technologies / QIP Overhang Removal↓ (OPPORTUNITY)
    ◆

    Successful QIP close removes secondary market overhang. With ₹1,500 Cr raised, deleveraging and growth plans can accelerate, potentially boosting EBITDA margins.

  • Computer Age Management Services (CAMS) / AGM (OPPORTUNITY)
    ◆

    A routine correction in annual report is a non-event, but CAMS as a business (mutual fund registrar) benefits from market uptick. Continued SIP inflows provide steady growth.

Sector Themes (6)

  • Real Estate / NCR Revival
    ◆

    Godrej Properties' aggressive land acquisition (two plots worth ₹9,000 Cr+ revenue) signals a strong revival in NCR residential demand. Other developers may follow suit. [POSITIVE for sector]

  • Wealth Management / M&A Wave (POSITIVE)
    ◆

    Wealth First's acquisition and LTM's Randstad deal highlight consolidation in wealth and financial services as firms seek scale to reach ambitious AUM targets.

  • Credit Rating Upgrades vs. Downgrades (MIXED)
    ◆

    Jindal Steel's upgrade contrasts with Aavas Financiers' watch. Indicates a divergence: metals benefiting from strong cash flows, while financials face management scrutiny.

  • Insider & Promoter Actions (MIXED)
    ◆

    Divergence continues: Promoters buying (Western Carriers) vs promoters selling below regulatory thresholds (Twamev). Institutional selling (Vijaya Diagnostics). Investors should monitor such patterns.

  • Auto Sector Divergence
    ◆

    SML Mahindra's cargo (down 26% YoY) vs passenger (up 13% YoY) highlights a K-shaped recovery in auto segments. This could be a leading indicator for broader economy. [WEAK for CV, STRONG for PV]

  • PSU Leadership Transitions (NEUTRAL)
    ◆

    PNB (Executive Director) and Power Grid (Director-Finance) both reported superannuation-related changes. Routine, but frequent churn can slow decision-making.

Watch List (8)

  • Aavas Financiers↓
    👁

    ICRA rating watch resolution; announcements of new CEO/CFO/CRO appointments. The next 30 days will be critical. [Watch for rating action and leadership stability]

  • Shashank Traders↓
    👁

    Naming of a new statutory auditor; any further disclosure from the outgoing auditor about the 'change in management'. [Watch for any regulatory red flag]

  • Twamev Construction↓
    👁

    Promoter's stake falling below 5% mandates additional regulatory filings. Any fresh buying or selling will be closely watched. [Watch for further stake reduction or takeover interest]

  • Kajaria Ceramics Buyback
    👁

    Opens July 3, closes July 9. Watch for subscription levels and eventual acceptance ratio. If undersubscribed, could indicate weak demand for the exit price. [Watch for results]

  • SML Mahindra↓
    👁

    Q1 FY27 results (expected mid-Aug). Earnings call will be crucial to understand cargo segment decline and any recovery action. [Watch for earnings and management commentary]

  • Sterlite Technologies / QIP Utilization↓
    👁

    Investors will track how the ₹1,500 Cr is deployed (debt reduction vs. capex vs. acquisitions). [Watch for Q1 results]

  • LTMindtree (LTIMindtree)
    👁

    The €160M Randstad acquisition is pending; any regulatory hurdles or integration updates will move stock. [Watch for deal closure updates]

  • Gillette India / New Sales Head↓
    👁

    Mr. Kalianna's first quarter (Q1 FY27 results expected Oct) will be scrutinized for any sales strategy shifts. [Watch for quarterly performance]

Filing Analyses (50)
Sterlite Technologies Limited Corporate Governance neutral materiality 7/10

01-07-2026

Sterlite Technologies Limited has closed its Qualified Institutions Placement (QIP) on June 30, 2026, approving the allocation of 2,57,28,500 equity shares at an issue price of ₹583.01 per share (including a premium of ₹581.01), which represents a 5% discount to the floor price of ₹613.69 per share. The issue was conducted under SEBI ICDR Regulations and the Companies Act, and the placement document has been made available on the company's website.

  • · The Board meeting commenced at 7:30 p.m. and concluded at 9:15 p.m. on June 30, 2026.
  • · The issue was opened on June 24, 2026.
  • · The placement document is available at https://stl.tech/investor/.
  • · The allocation was made to eligible Qualified Institutional Buyers (QIBs).
RITES Limited Market Notice positive materiality 5/10

01-07-2026

RITES has secured a Project Management Consultancy contract from Babasaheb Bhimrao Ambedkar University (BBAU) for the planning, design, and development of infrastructural facilities on its campus. The order is on a Cost Plus PMC Fee basis with a total project cost of ₹175.41 Crore (excluding GST) and an execution timeline of 30 months for initial work or until completion of the allotted work. This is a domestic order with no promoter/group company interest or related-party transaction involved.

  • · The order is a domestic contract from a university, not a related-party transaction.
  • · Execution timeline: 30 months for initial work or till completion of allotted work, whichever is later from the date of signing the agreement.
  • · Consideration: Total project cost of ₹175.41 Crore (excluding GST) including RITES fees.
  • · No promoter/promoter group/group companies have any interest in the entity awarding the order.
Sterlite Technologies Limited Market Notice positive materiality 8/10

01-07-2026

Sterlite Technologies Limited has closed its Qualified Institutions Placement (QIP) on June 30, 2026, approving the allocation of 2,57,28,500 equity shares at an issue price of ₹583.01 per share, which is at a 5% discount to the floor price of ₹613.69 per share. The issue raised approximately ₹1,500 crore (₹2,57,28,500 × ₹583.01). The Board also adopted the placement document and approved the confirmation of allocation notes to eligible QIBs.

  • · The Board meeting commenced at 7:30 p.m. and concluded at 9:15 p.m. on June 30, 2026.
  • · The issue was conducted under Chapter VI of SEBI ICDR Regulations and Sections 42 and 62(1)(c) of the Companies Act, 2013.
  • · The placement document dated June 30, 2026 is available on the company's website at https://stl.tech/investor/.
Ravindra Energy Limited Merger/Acquisition mixed materiality 7/10

01-07-2026

Ravindra Energy Limited (REL) has invested approximately ₹150 Crore in its associate Energy In Motion Limited (EIM) through a rights issue, subscribing to 45,67,463 equity shares at ₹328.41 per share. This investment increases REL's stake in EIM from 49.50% to 49.54%, and the funds will be used to repay inter-corporate deposits borrowed by EIM from a promoter entity. While EIM's turnover surged from ₹5.22 million in FY2024-25 to ₹1,806.88 million in FY2025-26, the transaction is a related-party deal with promoter overlap, though approved by shareholders at arm's length.

  • · The investment is a related-party transaction as EIM is an associate of REL and promoter Narendra Murkumbi serves as Managing Director of EIM.
  • · Shareholders approved the transaction via postal ballot on January 5, 2026.
  • · The rights issue proceeds will be used to repay inter-corporate deposits borrowed by EIM from Golden Green Innovations Private Limited, one of its promoters.
  • · EIM was incorporated on March 19, 2024, and its turnover grew from ₹5.22 million in FY2024-25 to ₹1,806.88 million in FY2025-26.
  • · Post allotment, REL's stake in EIM increases marginally from 49.50% to 49.54%, keeping EIM as an associate.
Britannia Industries Limited Market Notice neutral materiality 2/10

01-07-2026

Britannia Industries Limited has elevated Mr. Shailesh Kumar from General Manager - Procurement to Vice President - Procurement, effective April 1, 2026, as approved by the Board on June 30, 2026. Mr. Kumar has around 19 years of FMCG experience and over 14 years with the company. This is a routine senior management change with no financial impact.

  • · Mr. Shailesh Kumar holds an MBA from the National Institute of Agricultural Extension Management (MANAGE), Hyderabad.
  • · Prior to joining Britannia, he served as Purchase Manager at ITC Limited.
  • · The circular resolution was passed on June 30, 2026, at 10:09 PM IST.
  • · The elevation is effective from April 1, 2026.
NEWTRAC FOODS & BEVERAGES LIMITED Corporate Governance neutral materiality 3/10

01-07-2026

Newtrac Foods & Beverages Limited (formerly Markobenz Ventures Limited) has informed the stock exchange that a Board Meeting will be held on July 10, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The trading window has been closed from July 1, 2026, and will remain closed until 48 hours after the results are declared. No financial figures or performance comparisons are provided in this intimation.

  • · The company was formerly known as Markobenz Ventures Limited.
  • · Trading window closed from July 1, 2026, until 48 hours after the results declaration.
Britannia Industries Limited Corporate Governance neutral materiality 2/10

01-07-2026

Britannia Industries Limited has issued a Notice of Postal Ballot seeking shareholder approval via remote e-voting for the re-appointment of Mr. N. Venkataraman as Whole-Time Director (Executive Director & CFO) for a four-year term from 30 July 2026 to 29 July 2030. The e-voting period runs from 1 July 2026 (9 AM IST) to 30 July 2026 (5 PM IST), with results to be announced by 3 August 2026. This is a routine governance matter; no financial metrics are reported.

ICICI Prudential Life Insurance Company Limited Corporate Governance neutral materiality 2/10

01-07-2026

ICICI Prudential Life Insurance held its 26th Annual General Meeting on June 30, 2026, at which all ordinary and special resolutions were passed by the requisite majority. The meeting was chaired by Sandeep Batra and attended by 93 members, with Directors participating from Mumbai, New Delhi, and Dallas. The auditors’ reports on the FY2026 financial statements and secretarial compliance were unqualified, and joint statutory auditor Walker Chandiok & Co. LLP retired, with Chaturvedi & Co LLP appointed as their replacement.

  • · All resolutions, including the appointment of Chaturvedi & Co LLP as joint statutory auditor and re-appointment of existing auditors, were passed with the requisite majority.
  • · Auditors’ Report on FY2026 financial statements and Secretarial Audit Report for FY2026 contained no qualifications.
  • · Remote e-voting was open from June 27 to June 29, 2026, with an additional electronic voting period of 30 minutes after the meeting.
  • · The cut-off date for voting eligibility was June 23, 2026.
  • · Walker Chandiok & Co. LLP retired as joint statutory auditor at the conclusion of the AGM.
  • · The AGM was held via Video Conference / Other Audio-Visual Means as permitted by regulatory circulars.
ICICI Prudential Life Insurance Company Limited Corporate Governance neutral materiality 2/10

01-07-2026

ICICI Prudential Life Insurance Company held its 26th Annual General Meeting on June 30, 2026, via video conference, with 93 members attending. All resolutions were passed with the requisite majority, and the auditors' reports for FY2026 contained no qualifications. The meeting was conducted in compliance with all applicable regulations, and the company provided remote e-voting and electronic voting facilities.

  • · The AGM was held on June 30, 2026, from 11:00 a.m. to 1:30 p.m. IST via VC/OAVM.
  • · Remote e-voting was open from June 27, 2026, 9:00 a.m. IST to June 29, 2026, 5:00 p.m. IST.
  • · Walker Chandiok & Co. LLP retired as joint statutory auditor at the conclusion of the AGM; Chaturvedi & Co LLP was proposed as replacement.
  • · The auditors' report and secretarial audit report for FY2026 contained no qualifications.
  • · All resolutions were passed with the requisite majority.
Godrej Properties Limited Market Notice positive materiality 7/10

01-07-2026

Godrej Properties emerged as the highest bidder for a 4.95-acre residential land parcel in Sector 151, Noida, acquired for INR 331.75 cr. The project is expected to generate estimated revenues exceeding INR 2,000 crore. Earlier this month, the company also acquired a 23.2-acre parcel in Greater Noida with an estimated revenue potential exceeding INR 7,000 crore, reinforcing its strategy to deepen presence in the National Capital Region.

  • · The land parcel is 4.95 acres (20,050 sq. m.) in Sector 151, Noida.
  • · The acquisition was conducted via e-auction by NOIDA, with GPL emerging as the highest bidder as reflected on HDFC Bank's e-tendering portal.
  • · The plot offers connectivity to the Noida–Greater Noida Expressway and convenient access to the Noida International Airport at Jewar.
  • · The surrounding neighbourhood has robust infrastructure including planned educational institutions and healthcare facilities.
  • · Earlier this month, GPL acquired a 23.2-acre residential land parcel in Greater Noida with estimated revenue potential exceeding INR 7,000 crore.
  • · Godrej Properties is ranked number one real estate company worldwide on both the Dow Jones Best-in-Class Sustainability Indices and the Global Real Estate Sustainability Benchmark as of December 2025.
Wealth First Portfolio Managers Limited Market Notice mixed materiality 9/10

01-07-2026

Wealth First Portfolio Managers Limited has announced a strategic acquisition of Wealth First Advisors Private Limited (WFAPL) in two phases. Phase I, for a 51% stake, is valued at ₹52.1 crore (₹40 Cr cash + ₹12.1 Cr share swap) and is expected to close by December 2026. While the acquisition expands the company's AUM to ₹8,419 Cr and adds 4,411 clients, two-thirds of currently disclosed financial metrics relate to the target, not the acquirer's standalone results, and the transaction involves significant promoter stake dilution and share issuance.

Wealth First Portfolio Managers Limited Merger/Acquisition positive materiality 8/10

01-07-2026

Wealth First Portfolio Managers Limited announced the acquisition of a controlling interest in Wealth First Advisors Private Limited (WFAPL), a Mumbai-based wealth management and distribution firm, at an equity valuation of ₹102.15 crore. The deal, structured as an initial 51% stake with a share swap for the remaining 49% in 2029, brings combined assets under management to nearly ₹9,000 crore. While this marks a strategic expansion into India's largest wealth market and supports a five-year AUM target of ₹20,000 crore, the acquisition also introduces execution risk from integrating a new team and future share swap dilution. No negative financial metrics (e.g., declining segments) are mentioned in this filing.

  • · The transaction will be funded through a combination of internal accruals and a share swap.
  • · The remaining 49% stake in WFAPL will be acquired at a future date based on WFAPL's valuation as of March 31, 2029, and settled entirely via share swap.
  • · Wealth First entered the asset management business earlier this year through sponsorship of Lakshya Asset Management.
  • · PwC projects India's asset and wealth management industry will nearly double to US$1.7 trillion by 2030.
  • · Maharashtra accounts for nearly 40% of India's mutual fund industry.
  • · The acquisition was advised by Aurtus Consulting LLP (lead advisor) and Gandhi Law Associates (legal advisor).
SML Mahindra Limited Market Notice mixed materiality 5/10

01-07-2026

SML Mahindra reported total vehicle sales of 1,930 units in June 2026, a modest 3% increase from 1,871 units in June 2025. However, cargo vehicle sales declined sharply by 26% YoY to 355 units, while passenger vehicle sales grew 13% to 1,575 units, partially offsetting the weakness in the cargo segment.

  • · Cargo vehicle sales declined 26% YoY in June 2026 and 13% YoY in the cumulative April-June 2026 period.
  • · Passenger vehicle sales grew 13% YoY in June 2026 and 19% YoY in the cumulative period.
  • · Total sales for the first quarter (April-June 2026) were 5,438 units, up 10% from 4,926 units in the same period last year.
Western Carriers (India) Limited Merger/Acquisition neutral materiality 2/10

01-07-2026

Rajendra Sethia, Promoter and Chairman & Managing Director of Western Carriers (India) Limited, acquired a total of 6,106 equity shares (face value ₹5 each) via open market purchases over June 29-30, 2026. The acquisition increased his holding from 72.824% to 72.830% of the paid-up capital, representing a marginal increase of 0.006%. The filing is a routine disclosure under SEBI Takeover Regulations and does not indicate any change in control or strategic shift.

  • · The acquisition was made in two tranches: 1,106 shares on June 29, 2026 and 5,000 shares on June 30, 2026.
  • · The total paid-up equity capital of the company is 10,19,55,213 shares of ₹5 each.
  • · No shares were encumbered (pledged/liened) before or after the acquisition.
  • · The filing is under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Home First Finance Company India Limited Analyst/Investor Meet neutral materiality 1/10

01-07-2026

Home First Finance Company India Limited held one-on-one meetings with Moon Capital Management LP and Pictet Asset Management on June 30, 2026. The company referred to its latest publicly available investor presentation, which was previously uploaded on its website and filed with stock exchanges on May 6, 2026. No new financial data or material updates were disclosed in this filing.

  • · The meeting was a one-on-one interaction, not a group presentation.
  • · The investor presentation referenced was filed on May 6, 2026, and is available on the company's website.
  • · No new financial results, guidance, or material developments were announced in this filing.
Bombay Cycle & Motor Agency Ltd. Market Update neutral materiality 3/10

01-07-2026

Bombay Cycle & Motor Agency Ltd. announced its 107th AGM on August 7, 2026 via video conferencing, and a book closure from July 25-30, 2026 for the final dividend of ₹5 per share (face value ₹10) for FY 2025-26, subject to shareholder approval. The dividend will be paid on or before September 4, 2026 to shareholders on record as of July 24, 2026.

  • · 107th Annual General Meeting scheduled for August 7, 2026 via video conferencing.
  • · Book closure from July 25, 2026 to July 30, 2026 (both days inclusive).
  • · Record date for dividend eligibility is July 24, 2026.
  • · Dividend payment date on or before September 4, 2026.
Ashika Credit Capital Ltd. Merger/Acquisition neutral materiality 4/10

01-07-2026

Ashika Global Securities Limited (formerly Ashika Credit Capital Ltd) reported a 0.21% decrease in Promoter & Promoter Group shareholding following the conversion of 2,00,000 warrants into equity shares by non-promoters on 29 June 2026. The promoter group's holding fell from 74.52% to 74.31% of total voting capital as a result. The filing confirms compliance with SEBI Takeover Regulations.

  • · The warrant conversion exercise was in respect of 2,00,000 Equity Convertible Warrants out of 18,00,000 warrants allotted on 26.12.2024.
  • · Total voting capital before conversion: ₹73,72,55,670 (7,37,25,567 equity shares of ₹10 each).
  • · Total voting capital after conversion: ₹73,92,55,670 (7,39,25,567 equity shares of ₹10 each).
  • · Promoter & Promoter Group holdings remained unchanged in absolute number of shares (5,49,37,186 shares) but diluted due to increase in total outstanding shares.
  • · Annexure lists 42 other promoter group entities (PACs) that hold zero shares in the company.
MACH CONFERENCES AND EVENTS LIMITED Market Update mixed materiality 2/10

01-07-2026

Mach Conferences and Events Limited's July 2026 newsletter highlights multiple positive developments for travel and tourism, including the start of international flights from Navi Mumbai Airport (15 July), Meghalaya's plan for eight new 5-star hotels and India's largest football stadium by 2030, and visa relaxations in Germany, France, and Dubai. However, IndiGo's suspension of Manchester flights (effective 31 August) due to rising costs signals headwinds in the aviation sector, and the filing contains no financial or operational metrics for the company itself.

  • · International flights from Navi Mumbai International Airport start 15 July 2026.
  • · Meghalaya plans eight new 5-star hotels and India's largest football stadium by 2030.
  • · Maharashtra is developing the 'MahaAtithi' portal to integrate travel bookings and services.
  • · Dubai now offers single-entry tourist visas with 48-hour processing.
  • · Germany and France have eliminated airport transit visa requirements for Indian nationals.
  • · IndiGo will suspend Manchester flights effective 31 August due to rising costs.
  • · Odisha is upgrading the Bhubaneswar–Puri corridor ahead of the Rath Yatra.
  • · IATA launched the Baggage Community System to reduce lost luggage.
  • · Slovenia will host the 2026 UEC Road European Championships (2-7 October) with over 800 riders from 50 countries.
  • · The filing contains no financial data, revenue figures, or company-specific operational metrics.
JINDAL STEEL LIMITED Market Notice positive materiality 6/10

01-07-2026

Jindal Steel Limited announced that CARE Ratings has upgraded its long-term credit rating from 'CARE AA; Stable' to 'CARE AA+; Stable' for both the company and its wholly owned subsidiary Jindal Steel Odisha Limited (JSO). The short-term rating of 'CARE A1+' has been reaffirmed for both entities. This upgrade reflects improved creditworthiness, with no negative or flat metrics reported.

  • · Long-term rating upgraded from 'CARE AA; Stable' to 'CARE AA+; Stable' for Jindal Steel Limited and Jindal Steel Odisha Limited.
  • · Short-term rating reaffirmed at 'CARE A1+' for both entities.
  • · Upgrade also applies to the company's proposed Non-Convertible Debenture issue.
Bombay Cycle & Motor Agency Ltd. Corporate Action neutral materiality 3/10

01-07-2026

Bombay Cycle & Motor Agency Ltd. announced its 107th AGM on August 7, 2026, via video conferencing, and a book closure from July 25 to July 30, 2026, for the final dividend. The Board recommended a final dividend of ₹5 per equity share (face value ₹10) for FY 2025-26, payable on or before September 4, 2026, subject to shareholder approval. No financial performance data or period-over-period comparisons were provided in this filing.

  • · AGM will be held via Video Conferencing or Other Audio Visual Means.
  • · Book closure period: July 25, 2026 to July 30, 2026 (both days inclusive).
  • · Record date for dividend eligibility: July 24, 2026.
  • · Dividend payment date: on or before September 4, 2026.
  • · Dividend is subject to deduction of tax at source and approval at the AGM.
Bombay Cycle & Motor Agency Ltd. Market Holiday neutral materiality 3/10

01-07-2026

Bombay Cycle & Motor Agency Ltd. has announced its 107th Annual General Meeting (AGM) to be held on August 7, 2026 via video conferencing, and a book closure period from July 25 to July 30, 2026 for determining eligible shareholders. The Board has recommended a final dividend of ₹5 per equity share (face value ₹10) for FY 2025-26, subject to shareholder approval at the AGM.

  • · 107th AGM will be held on Friday, August 07, 2026 through Video Conferencing or Other Audio Visual Means.
  • · Register of Members and Share Transfer Books closed from Saturday, July 25, 2026 to Thursday, July 30, 2026 (both days inclusive).
  • · Record Date for dividend eligibility is Friday, July 24, 2026.
  • · Dividend payment (if approved) to be made on or before Friday, September 04, 2026.
  • · The Board meeting that recommended the dividend was held on Monday, May 25, 2026.
SKM Egg Products Export (India) Limited Market Notice neutral materiality 2/10

01-07-2026

SKM Egg Products Export (India) Limited responded to a BSE price movement clarification request, stating that all necessary disclosures have been made and no undisclosed material information exists. The company attributes the price movement to market conditions.

  • · The company has made all necessary disclosures under Regulation 30 of SEBI (LODR) Regulations, 2015.
  • · Management is not aware of any undisclosed material event influencing the price movement.
Aavas Financiers Limited Market Notice mixed materiality 8/10

01-07-2026

ICRA has placed Aavas Financiers' long-term ratings of [ICRA]AA on 'Rating Watch with Developing Implications' following the recent exits of the CEO (April 2026), CBO (May 2026), CFO, and CRO (June 2026). The company reported a PAT of Rs. 655 crore for FY2026, up from Rs. 574 crore in FY2025, and holds strong liquidity of Rs. 2,114 crore in cash and liquid investments, but the management turmoil raises near-term operational uncertainty.

  • · Aavas is present in 14 states and 1 UT with 435 branches.
  • · AUM stood at Rs. 23,452 crore as on March 31, 2026.
  • · Net worth was Rs. 5,051 crore as on March 31, 2026, versus Rs. 4,361 crore a year earlier.
  • · CRAR remained high at 44.6% (FY2026) versus 44.5% (FY2025).
  • · Gross stage 3 improved to 1.0% (FY2026) from 1.1% (FY2025).
  • · Managed gearing slightly decreased to 4.1 times (FY2026) from 4.2 times (FY2025), indicating stable leverage.
  • · Return on average managed assets was flat at 2.7% across FY2024-FY2026.
  • · Liquidity is strong: Rs. 2,114 crore in cash & liquid investments, Rs. 101 crore undrawn cash credit, and Rs. 975 crore unavailed bank sanctions as on March 31, 2026.
  • · ALM profile: scheduled inflows of Rs. 4,967 crore over next 12 months vs. debt servicing of Rs. 3,956 crore, providing ample coverage.
  • · The rating action was triggered by the resignation of the CEO (April 2026), CBO (May 2026), and CFO & CRO (June 2026).
Bharat Heavy Electricals Limited Corporate Action neutral materiality 5/10

01-07-2026

BHEL's Board approved the 62nd AGM on August 5, 2026 via video conferencing and fixed July 17, 2026 as the record date for a final dividend of ₹1.40 per share (70% on paid-up equity) for FY 2025-26. The dividend, subject to shareholder approval, will be paid by September 3, 2026. No financial results or performance comparisons were disclosed in this filing.

  • · 62nd Annual General Meeting scheduled for August 5, 2026 at 10:00 AM IST via video conferencing.
  • · Record date for final dividend: July 17, 2026.
  • · Remote e-voting period: August 2, 2026 (9 AM IST) to August 4, 2026 (5 PM IST).
  • · Cut-off date for voting eligibility: July 29, 2026.
  • · Dividend payment deadline: on or before September 3, 2026.
Uniroyal Industries Ltd Corporate Governance neutral materiality 3/10

01-07-2026

Uniroyal Industries Ltd has informed the Bombay Stock Exchange that a meeting of its Board of Directors will be held on Friday, 31st July 2026, to consider and take on record the Un-Audited Financial Results (Standalone & Consolidated) for the quarter ended 30th June 2026. The notice was issued on 1st July 2026 by Company Secretary Neha Miglani. No financial figures or performance comparisons are provided in this filing.

  • · Board meeting scheduled for 31st July 2026
  • · Agenda includes Un-Audited Financial Results (Standalone & Consolidated) for Q1 FY27 (quarter ended 30th June 2026)
  • · Filing made under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • · Company's CIN: L18101HR1993PLC033167
Lippi Systems Ltd. Merger/Acquisition neutral materiality 3/10

01-07-2026

Lippi Systems Ltd. has received a disclosure under Regulation 29(1) of SEBI (SAST) Regulations, 2011 from Guttikonda Rajasekhar & Others. The filing is purely a regulatory disclosure of an acquisition of shares triggering the SAST threshold. No financial details, deal size, valuation, or strategic rationale are provided in the filing.

Sterlite Technologies Limited Market Notice positive materiality 8/10

01-07-2026

Sterlite Technologies Limited has completed a Qualified Institutions Placement (QIP), issuing 25,728,500 equity shares at ₹583.01 per share (including a premium of ₹581.01), raising ₹1500 Crore. The issue, which opened on June 24, 2026 and closed on June 30, 2026, was approved by the Authorization and Allotment Committee on July 1, 2026. The paid-up equity share capital increased from ₹976,335,270 (488,167,635 shares) to ₹1,027,792,270 (513,896,135 shares).

  • · The QIP was conducted under Chapter VI of SEBI ICDR Regulations and Sections 42 and 62(1)(c) of the Companies Act, 2013.
  • · The issue price of ₹583.01 per share includes a premium of ₹581.01 per share.
  • · The discount offered was 5% of the floor price of ₹613.69 per share, amounting to ₹30.68 per share.
  • · The Committee meeting commenced at 11:00 a.m. and concluded at 11:25 a.m. on July 1, 2026.
  • · Annexure A lists allottees who received more than 5% of the issue: HSBC Mutual Fund (14.00%), Nomura India Investment Fund Mother Fund (14%), Motilal Oswal Special Opportunities Fund and Motilal Oswal Midcap Fund (combined 18.33%), Oxbow Master Fund Limited (16.16%), TIMF Holdings (14.00%), and Bank of India Mutual Fund (combined 6.67%).
Bharat Heavy Electricals Limited Corporate Action neutral materiality 5/10

01-07-2026

BHEL announced its 62nd Annual General Meeting (AGM) will be held on August 5, 2026 via video conferencing, with a record date of July 17, 2026 for a final dividend of ₹1.40 per share (70% on paid-up equity) for FY 2025-26. The dividend, subject to shareholder approval, will be paid by September 3, 2026. The filing does not include any financial results or performance comparisons, so no positive or negative trends can be assessed.

  • · AGM will be held via Video Conferencing/Other Audio Visual Means.
  • · Remote e-voting period: August 2, 2026 (9 AM IST) to August 4, 2026 (5 PM IST).
  • · Cut-off date for e-voting eligibility: July 29, 2026.
  • · Dividend payment deadline: on or before September 3, 2026.
  • · Board meeting commenced at 10:35 AM and concluded at 11:00 AM on July 1, 2026.
Punjab National Bank Market Notice neutral materiality 2/10

01-07-2026

Punjab National Bank announced that Shri Bibhu Prasad Mahapatra has ceased to be Executive Director on the Board of the Bank effective July 1, 2026, upon his superannuation on June 30, 2026. The change is a routine retirement and does not involve any financial impact or operational disruption.

  • · Shri Bibhu Prasad Mahapatra superannuated on June 30, 2026, and vacated office on July 1, 2026.
  • · The cessation is in line with Department of Financial Services, Ministry of Finance notification No. F.No.4/1(iii)/2023-BO.I dated October 9, 2023.
  • · The filing is made under Regulation 30 of SEBI (LODR) Regulations, 2015.
SG Finserve Limited Market Notice positive materiality 6/10

01-07-2026

SG Finserve Limited reported a provisional loan book of approximately INR 4,551 Crore as of June 30, 2026, marking a year-on-year growth of ~82% and a quarter-on-quarter growth of ~16%. The strong business momentum highlights the company's rapid expansion in supply chain financing, though the figures are provisional and subject to audit and board approval.

KSR Footwear Ltd Market Notice neutral materiality 3/10

01-07-2026

KSR Footwear Ltd announced the resignation of CFO Suvajit Choudhury effective June 30, 2026, due to an internal transfer to the Commercial Department, and the appointment of Vikram Jeet Sharma as Deputy General Manager - Strategic Planning & Commercial (Senior Management Personnel) effective July 1, 2026. The changes are part of a strategic HR initiative and do not involve any financial metrics or performance data.

  • · Mr. Suvajit Choudhury resigned as CFO effective close of business June 30, 2026, and was transferred to the Commercial Department.
  • · Mr. Vikram Jeet Sharma joined as Deputy General Manager - Strategic Planning & Commercial effective July 1, 2026, and is designated as Senior Management Personnel.
  • · Mr. Sharma has over 24 years of experience in Finance & Accounts and is an Associate Member of ICAI.
  • · Prior to joining KSR Footwear, Mr. Sharma was with Khadim India Limited since January 2006 as Deputy General Manager - Strategic Planning & Commercial.
Sarthak Metals Limited Corporate Governance neutral materiality 2/10

01-07-2026

Sarthak Metals Limited has informed the stock exchanges that its Board of Directors will meet on July 10, 2026, to approve the Directors' Report for FY2025-26, fix the 31st Annual General Meeting, and appoint Mrs. Ushasree Bhagavatula as an additional Independent Woman Director. The filing is a routine procedural update with no financial results or performance data disclosed.

  • · Board meeting scheduled for Friday, 10th July 2026 at 11:30 AM at B.B.C. Colony, G.E. Road, Khursipar, Bhilai - 490011.
  • · Agenda includes approval of Directors' Report and annexure for FY ended 31st March 2026.
  • · Agenda includes fixing the 31st Annual General Meeting for FY 2025-26 and related matters.
  • · Proposed appointment of Mrs. Ushasree Bhagavatula (DIN: 11480507) as additional Independent Woman Director.
CARE Ratings Limited Market Notice neutral materiality 2/10

01-07-2026

CARE Ratings Limited has appointed Mr. Sanjay Agarwal as Chief Risk Officer, effective August 1, 2026. Mr. Agarwal is a qualified Chartered Accountant with over 30 years of experience in financial services and has been with the company for 16 years, currently serving as Senior Director. The appointment is a routine senior management change with no financial figures or performance data disclosed.

  • · Mr. Agarwal is a qualified Chartered Accountant with over 30 years of experience in financial services, specializing in risk management, credit analysis, project financing, and financial research.
  • · He has been with CARE Ratings for the last 16 years and currently holds the position of Senior Director.
Anlon Healthcare Limited Corporate Governance positive materiality 6/10

01-07-2026

Anlon Healthcare Limited's Board of Directors, at its meeting on July 1, 2026, approved the incorporation of two new wholly-owned subsidiaries: Anlon Medicare Private Limited (for surgical implants and medical devices) and Anlon Biologics Private Limited (for peptides, biosimilars, and biological products). The company will invest up to ₹1,100,000 (₹11 Lakh) for a 55% stake in Anlon Medicare and up to ₹650,000 (₹6.5 Lakh) for a 65% stake in Anlon Biologics. Additionally, the Board approved renaming an existing subsidiary from Remember India Health Links Private Limited to Anlon Medicos Private Limited, subject to MCA approval.

  • · The Board meeting commenced at 10:30 a.m. IST and concluded at 11:30 a.m. IST on July 1, 2026.
  • · The incorporation of both subsidiaries is subject to receipt of all requisite approvals from the Registrar of Companies and other regulatory authorities.
  • · Anlon Medicare Private Limited will focus on manufacturing surgical implants and medical devices to complement the existing pain management business.
  • · Anlon Biologics Private Limited will focus on development and manufacture of peptides, biosimilars, and biological products.
  • · The name change of the existing subsidiary is subject to approval from the Ministry of Corporate Affairs.
MACH CONFERENCES AND EVENTS LIMITED Market Update neutral materiality 2/10

01-07-2026

Mach Travel Solutions Limited (formerly Mach Conferences and Events Limited) has commenced commercial operations at a new office in Bhubaneswar, Odisha, effective July 1, 2026. This expansion is a positive step for the company's operational footprint, but no financial or performance metrics were disclosed to assess the impact.

  • · New office address: Plot No-62, Janpath, Kharavela Nagar, Unit-3, P.O GPO, Bhubaneswar, Dist-Khurda, PIN-751001, Odisha
  • · Company name changed to Mach Travel Solutions Limited (formerly Mach Conferences and Events Limited)
LTIMindtree Limited Market Notice mixed materiality 8/10

01-07-2026

CRISIL reaffirmed LTM Limited's (formerly LTIMindtree) bank facilities at 'CRISIL AAA/Stable/CRISIL A1+' and enhanced the rated amount from Rs.1655.25 Crore to Rs.2025.5 Crore. The company reported consolidated revenue of Rs 43,402 crore in fiscal 2026, with 11% growth in rupee terms but modest 5% constant currency growth due to macroeconomic headwinds and AI-led disruptions. Operating margins improved to 19.9% from 17.5%, driven by prudent resource management and currency tailwinds, while the company announced an offer to acquire Randstad's Technology and Consulting Services business for up to €160 million.

  • · The company's networth stood at Rs 22,809 crore as on March 31, 2026.
  • · Lease liabilities were Rs 2,310 crore as on March 31, 2026.
  • · Cash surplus and current investments exceeded Rs 9,974 crore as on March 31, 2026.
  • · Expected annual cash accrual is more than Rs 4,000 crore over the medium term.
  • · The company has 30.87% women in the workforce and 67% of the board comprises independent directors.
  • · 73.79% of energy requirement was met through renewable energy in fiscal 2026.
  • · The company's PAT margin declined to 11.8% in FY26 from 12.1% in FY25.
  • · Interest coverage ratio fell sharply to 10.34 times in FY26 from 22.58 times in FY25.
  • · The company has a strong governance structure with extensive disclosures.
  • · The acquisition of Randstad's business is expected to close by the third quarter of the current fiscal.
Garlon Polyfab Industries Ltd Market Update mixed materiality 3/10

01-07-2026

Garlon Polyfab Industries Ltd reported audited standalone financial results for the year ended March 31, 2026, showing a net profit of ₹2.49 Lakhs for the quarter ended March 31, 2026, compared to a net loss of ₹0.74 Lakhs in the preceding quarter (Dec 2025) and a net loss of ₹1.50 Lakhs in the same quarter last year. However, for the full fiscal year FY26, the company posted a net profit of only ₹0.12 Lakhs, a marginal improvement from a net loss of ₹3.24 Lakhs in FY25, indicating continued weak profitability.

  • · Total income for Q4 FY26 was ₹3.85 Lakhs, entirely from other income (no revenue from operations reported).
  • · Total expenses for FY26 increased 15.1% to ₹3.73 Lakhs from ₹3.24 Lakhs in FY25.
  • · Employee benefits expense remained flat at ₹0.36 Lakhs per quarter across all periods.
  • · Other expenses for Q4 FY26 were ₹1.00 Lakh, up from ₹0.38 Lakh in the preceding quarter.
  • · The company reported zero cost of materials consumed, purchase of stock-in-trade, and changes in inventories for all periods shown.
  • · No tax expense was recorded for any period.
  • · Paid-up equity share capital remained constant at ₹4,63,20,000 (face value ₹10 per share).
  • · The auditor's report contains an unmodified opinion.
Mahanagar Telephone Nigam Limited Corporate Governance neutral materiality 2/10

01-07-2026

MTNL has informed the stock exchanges that a Board meeting will be held on August 12, 2026 to consider and approve the unaudited reviewed financial results for the quarter ended June 30, 2026. The trading window has been closed from July 1, 2026 to August 14, 2026. No financial figures or performance data are disclosed in this filing.

  • · Board meeting scheduled for August 12, 2026
  • · Trading window closed from July 1, 2026 to August 14, 2026 (both days inclusive)
  • · Prior intimation of trading window closure was made on June 11, 2026
Computer Age Management Services Limited Market Update neutral materiality 1/10

01-07-2026

CAMS issued an addendum to its FY2025-26 Integrated Annual Report correcting a typo in the e-voting cut-off date on page 146 from June 26, 2026 to June 30, 2026. The remote e-voting period runs from July 2 to July 6, 2026. All other report contents and AGM notice remain unchanged.

  • · Remote e-voting period: July 2, 2026 (09:00 AM) to July 6, 2026 (05:00 PM)
  • · Corrected cut-off date for e-voting: June 30, 2026
  • · Typo was on page 146 of the Integrated Annual Report for FY2025-26
KSR Footwear Ltd Market Update neutral materiality 3/10

01-07-2026

KSR Footwear Ltd announced the resignation of CFO Suvajit Choudhury effective June 30, 2026, due to an internal transfer to the Commercial Department. Simultaneously, Vikram Jeet Sharma was appointed as Deputy General Manager - Strategic Planning & Commercial (Senior Management Personnel) effective July 1, 2026. No financial impact is disclosed.

  • · Mr. Suvajit Choudhury resigned as CFO effective June 30, 2026, due to transfer to Commercial Department.
  • · Mr. Vikram Jeet Sharma appointed as Deputy General Manager - Strategic Planning & Commercial effective July 1, 2026.
  • · Mr. Sharma has over 24 years of experience and was previously with Khadim India Limited since January 2006.
Vijaya Diagnostic Centre Limited Merger/Acquisition negative materiality 5/10

01-07-2026

abrdn Asia Limited, on behalf of several managed funds, disclosed a sale of 133,199 equity shares (0.1294% of voting capital) in Vijaya Diagnostic Centre Limited on June 29, 2026, reducing its aggregate holding from 3.3667% to 3.2373%. The sale was executed via an open market transaction. While the disposal is modest in percentage terms, it represents a continued reduction in the fund group's stake in the company.

  • · The sale was executed on June 29, 2026, and reported on July 1, 2026.
  • · The acquirer group includes multiple funds: Aberdeen Group plc Segregated Fund (757,520 shares), Aberdeen India Fund, Inc. (708,723 shares), Aberdeen Asia Focus plc (713,169 shares), Aberdeen New India Investment Trust plc (607,816 shares), Asian Smaller Companies Fund (481,411 shares), and Emerging Markets SDG Equity Fund (62,407 shares).
  • · The total diluted share capital of the company remains unchanged at 102,896,728 shares.
  • · The acquirer is not part of the promoter/promoter group.
Twamev Construction and Infrastructure Limited Market Update negative materiality 6/10

01-07-2026

Twamev Construction and Infrastructure Limited disclosed that promoter Shrish Tapuria sold 9,75,000 equity shares (0.63% of total share capital) of the company on 30 June 2026 through open market transactions. Following the sale, Mr. Tapuria's holding decreased from 81,47,260 shares (5.26%) to 71,72,260 shares (4.63%). The filing provides no other financial or operational updates.

  • · The sale was executed on 30 June 2026 through open market transactions on NSE and BSE.
  • · The promoter’s shareholding dropped below the 5% threshold to 4.63%, which could trigger additional regulatory disclosures or compliance requirements.
  • · No encumbered shares (pledge/lien) were reported before or after the transaction.
  • · The total diluted share capital of the company remains unchanged at 15,50,00,000 equity shares of Re. 1/- each.
Gujarat Themis Biosyn Limited Merger/Acquisition neutral materiality 3/10

01-07-2026

Sachin D. Patel, a promoter of Gujarat Themis Biosyn Limited (GTBL), acquired 24,97,190 shares (2.29% of equity) via an inter-se transfer from Themis Medicare Limited (promoter group seller) on June 30, 2026. The transaction was disclosed under SEBI SAST Regulation 29(2). Post-acquisition, Sachin D. Patel holds 24,97,200 shares (2.29%). The transfer does not change the overall promoter group holding.

  • · The transfer was an inter-se transfer between promoter/promoter group, with Themis Medicare Limited as seller/transferor.
  • · Prior disclosure under Regulation 10(5) of SEBI Takeover Regulations had already been made.
  • · Sachin D. Patel's holding increased from 10 shares (0%) to 24,97,200 shares (2.29%).
  • · The equity share capital of GTBL is ₹10,89,65,265.
Gillette India Limited Market Notice neutral materiality 2/10

01-07-2026

Gillette India Limited announced the appointment of Mr. Gopalakrishnan Kalianna as Sales Head, effective August 1, 2026, succeeding Ms. Rohini Venkateswaran. Ms. Venkateswaran has resigned as Whole-Time Director and Sales Head effective July 31, 2026, to take up a new role as Senior Vice President-Korea at P&G. This is a routine organizational change with no financial impact disclosed.

  • · Ms. Rohini Venkateswaran has resigned as Whole-Time Director effective close of business on July 31, 2026.
  • · Ms. Venkateswaran is being elevated to Senior Vice President-Korea effective August 1, 2026.
  • · Mr. Gopalakrishnan Kalianna has over 2 decades of experience and has trained over 1,000 people.
Shashank Traders Limited Market Notice negative materiality 8/10

01-07-2026

Shashank Traders Limited announced the resignation of its statutory auditor, M/s. Nemani Garg Agarwal & Co., effective June 30, 2026. The auditor cited a 'change in management of the company' as the reason, stating there are no disputes or concerns regarding suppression of information. The Audit Committee and Board will appoint a new auditor subject to shareholder approval.

  • · Auditor was appointed at the 39th AGM on December 30, 2024 for a 5-year term expiring at the 44th AGM.
  • · The auditor issued its Independent Auditor's Report on the standalone audited financial results for the quarter and year ended March 31, 2026 on May 30, 2026 — just one month before resignation.
  • · The resignation letter explicitly states it does not result from an inability to obtain sufficient appropriate audit evidence, and there are no other circumstances requiring Board attention.
  • · The auditor will file Form ADT-3 with the Registrar of Companies as required under Section 140(2) of the Companies Act, 2013.
  • · The company's securities are listed on BSE (Code: 540221) and Calcutta Stock Exchange (Code: 30005).
Kajaria Ceramics Limited Buyback neutral materiality 6/10

01-07-2026

Kajaria Ceramics Limited announced a buyback of up to 21,50,000 equity shares (1.35% of total paid-up capital) at ₹1,380 per share, for an aggregate maximum amount of ₹296.70 Crore, via a tender offer through the stock exchange mechanism. The buyback opens July 3, 2026, and closes July 9, 2026, with the record date being June 29, 2026. Small shareholders have a reserved entitlement ratio of approximately 12.6%, while general shareholders have an entitlement ratio of approximately 2.26%.

  • · Buyback entitlement for small shareholders: 16 equity shares for every 127 held on Record Date (approx. 12.5985%).
  • · Buyback entitlement for general shareholders: 21 equity shares for every 928 held on Record Date (approx. 2.2630%).
  • · Last date for receipt of completed tender forms and physical certificates by the Registrar: July 9, 2026 by 5:00 PM IST.
  • · Settlement of bids on stock exchanges to be completed by July 16, 2026.
Gujarat Themis Biosyn Limited Merger/Acquisition neutral materiality 5/10

01-07-2026

Sachin D. Patel, an immediate relative of the promoters of Gujarat Themis Biosyn Limited, acquired 24,97,190 equity shares (2.29% of diluted share capital) from Themis Medicare Limited at ₹400.45 per share on 30 June 2026, under the inter-se transfer exemption (Regulation 10(1)(a)(i) of SEBI SAST Regulations). The transaction reduced Themis Medicare's stake from 23.19% to 20.90%, while Mr. Patel's holding increased from a negligible 10 shares to 2.29%.

  • · The acquisition was executed under Regulation 10(1)(a)(i) exemption for immediate relatives of promoters, avoiding an open offer.
  • · Prior intimation of the inter-se transfer was made to stock exchanges on 23 June 2026, four working days before the transaction.
  • · The transaction was completed on 30 June 2026, and the disclosure was filed on the same day.
Desco Infratech Limited Corporate Governance neutral materiality 3/10

01-07-2026

Desco Infratech Limited announced the resignation of Non-Executive Independent Director Mr. Yash Gurnani effective July 1, 2026, due to personal commitments, and the appointment of Mr. Shailesh K. Naik as Additional Non-Executive Independent Director for a five-year term, subject to shareholder approval. The Board also reconstituted the Nomination and Remuneration Committee and the Stakeholders' Relationship Committee accordingly. No financial metrics or period-over-period comparisons were provided in this governance filing.

  • · Mr. Yash Gurnani's resignation was effective from the close of business hours on July 1, 2026.
  • · Mr. Shailesh K. Naik's appointment as Additional Director (Non-Executive, Independent) is for a term of five consecutive years from July 1, 2026, subject to shareholder approval.
  • · Mr. Naik has over a decade of leadership experience in the energy and public utility sector, having served as Director (Commercial) at Vadodara Gas Limited.
  • · The Board meeting commenced at 11:00 AM and concluded at 11:30 AM on July 1, 2026.
  • · Mr. Naik is not related to any director or key managerial personnel of the company.
Power Grid Corporation of India Limited Market Notice neutral materiality 3/10

01-07-2026

Power Grid Corporation of India Limited announced that Shri Ravisankar Ganesan, Director (Finance) & Chief Financial Officer, ceased to hold office upon attaining superannuation on June 30, 2026. The change in directorate was disclosed under Regulation 30 of SEBI LODR Regulations.

  • · Shri Ravisankar Ganesan ceased as Director (Finance) & CFO due to superannuation on 30th June 2026.
  • · The filing was made on 1st July 2026 under Regulation 30 of SEBI LODR Regulations.
Gillette India Limited Market Notice neutral materiality 3/10

01-07-2026

Gillette India Limited announced the appointment of Mr. Gopalakrishnan Kalianna as Sales Head, effective August 1, 2026, succeeding Ms. Rohini Venkateswaran, who has resigned as Whole-Time Director and Sales Head effective July 31, 2026, to take up a role as Senior Vice President-Korea. The change is part of an organizational update and does not include any financial metrics or performance data.

  • · Mr. Gopalakrishnan Kalianna holds an MBA in Marketing from SP Jain Institute of Management and Research (2006).
  • · Ms. Rohini Venkateswaran's resignation letter was enclosed with the filing.

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