Executive Summary
The July 4, 2026, filings reveal a market characterized by strong credit growth, significant promoter-level risk in the pharmaceutical sector, and notable corporate actions in infrastructure and retail. HDFC Bank and Karur Vysya Bank reported robust double-digit growth in advances and deposits, signaling healthy credit demand, though with a shift towards higher-cost time deposits that may pressure NIMs.
A major area of concern is the interconnected pledging of promoter holdings in Gujarat Themis Biosyn and Themis Medicare by the Vividhmargi group to secure unrated debentures for a third entity, representing a classic 'pledge cascade' risk. On the corporate action front, the Belrise Industries amalgamation received stock exchange clearance, and GR Infraprojects completed a significant HAM project. Insider selling by ICICI Prudential MF in Entertainment Network and SBI Life in Paisalo Digital, alongside a small promoter buy in Defrail Technologies, paint a mixed insider sentiment picture. The rising secured lending share at OnEMI and CMR Green Technologies' volume growth with an unrecognized carbon credit asset provide specific alpha angles.
Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →
Filing types in this digest: M&A · Open offer · Insider trading · Corporate governance · Insolvency
Tracking the trend? Catch up on the prior India Stock Market Daily Regulatory Digest digest from June 26, 2026.
Investment Signals (10)
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Average advances grew 10.8% YoY and deposits 13.3% YoY, showing strong core business momentum. However, period-end CASA lagged at 9.4% YoY, suggesting a shift to costlier deposits, a potential headwind for NIMs. [BULLISH on growth, BEARISH on margins]
- Karur Vysya Bank ↓ (BULLISH)▲
Total business grew 15.9% YoY, with advances (17.1% YoY) outpacing deposits (14.9% YoY), indicating an improving credit-to-deposit ratio. This is a positive signal for earnings leverage.
- OnEMI Technology Solutions ↓ (BULLISH)▲
AUM surged 60.9% YoY to ₹8,001 Cr, with disbursements up 37.1% YoY, reflecting high demand in the lending space. The sharp increase in LAP mix from 2.5% to 7.7% suggests a strategic shift into secured, lower-risk lending.
- Skipper Limited ↓ (BULLISH)▲
CRISIL upgraded long-term rating to 'A+/Stable' and enhanced facility limit to ₹4,621 Cr, reflecting an improved credit profile and liquidity. This reduces the cost of capital and signals financial health.
- GR Infraprojects (BULLISH)▲
Completion of a ₹1,368 Cr HAM expressway spur (effective from Oct 2025) de-risks the project and triggers revenue recognition. This is a key catalyst for cash flow and future order book conversion.
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Standalone net profit surged 61% YoY to ₹802 Lakh, though consolidated revenue dipped. The divergence suggests the core standalone business is performing exceptionally well while subsidiaries may be dragging. [BULLISH on standalone, BEARISH on consolidation]
- CMR Green Technologies ↓ (BULLISH)▲
Volumes grew 24% YoY to 80,381 MT, with a clear leadership position (4x larger than nearest competitor). The unrecognized 2.73 lakh ton carbon credit holding is a significant hidden asset, contingent on market pricing.
- Entertainment Network (India) ↓ (BEARISH)▲
ICICI Prudential MF has been a persistent seller, reducing its stake by over 5% since 2019 (net sale of 1.1 Mn shares). This signals a lack of conviction from a key institutional holder.
- Paisalo Digital ↓ (BEARISH)▲
SBI Life sold 0.55% of voting capital (50 lakh shares), reducing its stake to 6.28%. While not a promoter sell, this institutional exit is a negative indicator for near-term sentiment.
- Supriya Lifescience ↓ (BEARISH)▲
A senior GM has been placed under judicial custody under the NDPS Act for a procedural export lapse. Although the company claims no material impact, the reputational and potential operational disruption risk is elevated.
Risk Flags (7)
- Gujarat Themis Biosyn & Themis Medicare/Pledge Cascade [HIGH RISK]▼
The Vividhmargi group has pledged significant promoter holdings (47% and 27.5% respectively) as security for unrated, unlisted debentures issued by an unrelated entity (OSS Software Solutions). This creates systemic contagion risk; any default by the borrower could trigger a pledge invocation, causing a sharp decline in both stock prices.
- HDFC Bank/CASA Dilution↓ [MEDIUM RISK]▼
Period-end CASA deposits grew only 9.4% YoY, significantly lagging total deposit growth of 14.7%. This secular decline in the low-cost deposit ratio will compress NIMs if the trend continues, impacting the bank's core profitability.
- Hindustan Tin Works/Tax Liability↓ [LOW-MEDIUM RISK]▼
The company faces a demand of ₹1.6 Cr (including interest) under the Haryana Entry Tax Act for FY16. While management is contesting the order, any adverse appellate decision will directly impact earnings and cash flow for a company likely with smaller margins.
- Supriya Lifescience/Regulatory Risk↓ [MEDIUM RISK]▼
The arrest of a key managerial person under the NDPS Act raises governance and compliance concerns, especially for a pharma export company. Further regulatory scrutiny or disruptions in export operations could materially impact business.
- Bikaji Foods/US Expansion Risk↓ [MEDIUM RISK]▼
The company is investing USD 2.9 Mn in a US manufacturing plant via a subsidiary that has only USD 2.6 Mn in annual turnover. This represents a high capital allocation risk into a new, capital-intensive geography with uncertain near-term returns.
- Prodocs Solutions/Audit Compliance Issue↓ [MEDIUM RISK]▼
The company had to revise its consolidated auditor's report after a BSE discrepancy notice, indicating potential lapses in financial reporting or internal controls for the consolidated entity. This is a governance red flag.
- Colinz Laboratories/Open Offer Uncertainty↓ [LOW-MEDIUM RISK]▼
The open offer at ₹54 has no minimum acceptance level. If the market price trades above the offer price, the offer may fail, creating volatility for minority shareholders who anticipated a premium exit.
Opportunities (7)
- CMR Green Technologies/Carbon Credit Monetization↓ (OPPORTUNITY)◆
Holds 2.73 lakh tons of carbon credits, a potentially massive unrecognized revenue stream. As carbon trading markets mature, even a nominal price realization could add significant one-time EPS, making current valuations attractive.
- OnEMI Technology Solutions/Asset Quality Shift↓ (OPPORTUNITY)◆
The strategic pivot from unsecured to secured lending (LAP mix rising from 2.5% to 7.7%) will likely improve asset quality and reduce credit costs over the next 2-3 quarters. This de-risking could lead to a valuation re-rating.
- Belrise Industries/Amalgamation Catalyst↓ (OPPORTUNITY)◆
The 'no adverse observations' letter clears a major hurdle for the triple-merger scheme. The amalgamation of Badve Autocomps and Eximius is expected to create significant synergies in the auto components space, a classic value-unlock event. Watch for NCLT filing by Jan 2027.
- GR Infraprojects/Project Monetization (OPPORTUNITY)◆
With the Bandikui-Jaipur expressway spur now operational (COD Oct 2025), the company can start booking HAM annuities. This improves earnings visibility and could attract interest from infrastructure investors looking for stabilized assets.
- Defrail Technologies/Insider Confidence↓ (OPPORTUNITY)◆
Promoter Vivek Aggarwal increased his stake by 6.5% (from 0.71% to 0.75%) via a market purchase. While small in absolute terms, it signals management's belief that the stock is undervalued at current levels.
- Baazar Style Retail/Store Addition↓ (OPPORTUNITY)◆
The opening of a new store in Varanasi, bringing the total to 274, is a tangible sign of the company's execution on its expansion plans. Persistent store additions are a key driver for future revenue and market share growth.
- Skipper Limited/Financial Health Improvement↓ (OPPORTUNITY)◆
The rating upgrade to 'A+/Stable' with an enhanced limit will lower its borrowing costs and improve its ability to bid for larger EPC contracts. This is a multi-year positive catalyst for its infrastructure business.
Sector Themes (6)
- Banking Credit Momentum with Margin Pressure◆
Both HDFC Bank and Karur Vysya Bank reported robust YoY credit growth (15.4% and 17.1%), confirming strong demand. However, CASA growth lagging behind time deposits is a common trend (HDFC: 9.4% vs 14.7%; KVB: 15.3% vs 14.9%), indicating a sector-wide NIM compression risk.
- Promoter Pledge Cascade Risk in Pharma◆
The filings from Gujarat Themis Biosyn and Themis Medicare reveal an interconnected promoter (Vividhmargi) pledging shares in multiple listed entities to fund a single private enterprise (OSS Software). This pattern creates a domino risk for minority shareholders in all pledged companies.
- Infrastructure Execution & Financial Health◆
Filings from GR Infraprojects (HAM project completion) and Skipper Limited (rating upgrade) highlight a theme of improving financial health and project execution in the infrastructure sector. The ability to complete and monetize assets is becoming a key differentiator.
- Corporate Actions via Amalgamations and Open Offers◆
The Belrise Industries-SPG-Badve Autocomps amalgamation and the Colinz Laboratories open offer are active corporate actions. This suggests a wave of consolidation and control changes in mid-cap and small-cap spaces, creating event-driven opportunities.
- Selective Insider & Institutional Activity◆
The data shows a clear divergence: institutional sellers (ICICI Prudential MF in Entertainment Network, SBI Life in Paisalo Digital) are exiting, while a small-cap promoter (Defrail Technologies) is buying. This suggests institutional caution in consumer plays and selective insider confidence in small-caps.
- Green Shoots in Logistics and Manufacturing◆
CMR Green Technologies (24% volume growth) and Cargosol Logistics (planning USD 15M FCCB) are seeking capital for expansion, indicating optimism in manufacturing and logistics demand. The FCCB route is often used when equity valuations are less attractive.
Watch List (8)
- Themis Medicare & Gujarat Themis Biosyn/Pledge Monitoring👁
The pledged shares are linked to unrated debentures. Any negative news about the borrower (OSS Software) or a decline in the stocks' prices could trigger margin calls. Watch the stock prices and any news on OSS Software's financial health.
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The GM's judicial custody ends on July 17, 2026. The outcome of the hearing (bail vs. extended custody) will be a critical event for the stock's sentiment. A decisive resolution could remove overhang; an extension would amplify it.
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The scheme is valid for six months from July 3rd. The company must file with NCLT before January 3, 2027. Any delay or shareholder dissent on the valuation will be a key event to track.
- HDFC Bank & Karur Vysya Bank/Q1 Results👁
Both banks reported provisional numbers. The upcoming full Q1 results (with asset quality, NIM, and fee income data) will provide a complete picture of their financial health. Watch for commentary on deposit competition.
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The EGM on July 31, 2026, will vote on the USD 15M FCCB issue. If approved, the terms of conversion (price and coupon) will be crucial for equity dilution and will impact the stock price.
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Monitor the share of LAP in future AUM. A continued increase (beyond 7.7%) will confirm the strategic shift. Also, watch for any increase in customer additions in subsequent quarters.
- LIC of India/AGM on July 27👁
As India's largest institutional holder, any comments from management regarding market outlook, investment strategy, or holding period for large-cap stocks can influence market sentiment broadly.
- Man Industries & Fujiyama Power/Analyst Meets👁
Though no UPSI is to be shared, analyst interactions often provide qualitative cues on demand trends and management confidence. Watch for any post-meeting note circulation.
Filing Analyses
(50)
04-07-2026
EPL Limited invested an additional 4,95,00,000 Thai Baht (equivalent to ₹144.54 Million) in its wholly-owned subsidiary EPL Packaging (Thailand) Co. Ltd. (EPTL) on July 3, 2026, for subscription of 4,85,100 shares. The investment aims to support EPTL's growth in manufacturing and trading of laminated tubes in Thailand, with completion expected by August 14, 2026. EPTL, incorporated in February 2025, reported a turnover of 16,159,093.60 Thai Baht for FY 2025-26, with no prior turnover as it was newly established.
- · EPTL was incorporated on February 4, 2025.
- · EPTL's turnover for FY 2025-26 was 16,159,093.60 Thai Baht; no turnover for FY 2024-25 and FY 2023-24 as it was newly incorporated.
- · The investment is a related party transaction conducted at arm's length.
- · Post-investment, EPL holds 99% and LTL holds 1% of EPTL, maintaining EPTL as a wholly-owned subsidiary.
- · Completion of formalities expected by August 14, 2026.
04-07-2026
Supriya Lifescience Limited has informed the stock exchanges that an investigation was initiated on July 3, 2026, against Mr. Sreekant Sreedharan, General Manager – Sales & Marketing, by the Special Investigation and Intelligence branch of the Customs Department under the NDPS Act, 1985, for a procedural lapse in a single export transaction. He has been placed under judicial custody until July 17, 2026. The company states that the proceedings are not expected to have any material impact on its operations, financial position, or governance, and it is evaluating the matter with legal advice.
- · The judicial custody of Mr. Sreekant Sreedharan has been granted by the CMM court until July 17, 2026.
- · The alleged violation is under the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985, related to a procedural lapse in a single export transaction.
- · The company has not quantified any financial impact and states the proceedings are not expected to materially affect operations, financial position, or governance.
04-07-2026
Annjana Dugar, Likhitta Dugar, and Antariksh Dugar, together with Padam Dugar as a person acting in concert, have launched an open offer to acquire up to 6,54,966 equity shares (26% voting capital) of Colinz Laboratories Limited at ₹54 per share, aggregating ₹3,53,68,164. The offer opens on August 11, 2026, and closes on August 24, 2026, and is triggered by a substantial acquisition with change in control. No minimum acceptance level is required, and the offer is not conditional on any competing bid.
- · The Identified Date for determining shareholders to whom the Letter of Offer is sent is July 28, 2026.
- · The Offer Price may be revised upward prior to August 7, 2026 (one working day before the tendering period).
- · If the number of shares tendered exceeds the offer size, acceptance will be on a proportionate basis.
- · The offer can be withdrawn only under specific conditions as per Regulation 23 of SEBI (SAST) Regulations (e.g., death of acquirers, refusal of statutory approvals).
- · The marketable lot for the target company's equity shares is 1 (one) share.
04-07-2026
Pajson Agro India Ltd has secured credit facilities aggregating up to ₹30 Crore from HSBC Bank, including a letter of credit of ₹20 Crore, approved by the Board on July 3, 2026. The secured loan will be used for working capital and is backed by a pari-passu charge on fixed assets, receivables, and inventories alongside Kotak Bank. No related party transaction is involved.
- · The credit facility is secured and carries a pari-passu charge on fixed assets, receivables, and inventories shared with Kotak Bank.
- · The facility is intended for working capital and letter of credit purposes.
- · The Board resolution was passed on July 3, 2026.
- · No related party transaction is involved.
04-07-2026
HDFC Bank reported strong business growth for the June 2026 quarter, with average advances under management growing 10.8% YoY to ₹30,386 billion and average deposits growing 13.3% YoY to ₹30,114 billion. Period-end gross advances grew 15.4% YoY to ₹30,610 billion, while period-end deposits grew 14.7% YoY to ₹31,705 billion. However, period-end CASA deposits grew only 9.4% YoY to ₹10,255 billion, lagging overall deposit growth, and average CASA growth of 11.2% also trailed time deposit growth of 14.3%.
- · Period-end CASA deposits grew only 9.4% YoY, the slowest among all deposit categories, indicating a shift towards higher-cost time deposits.
- · Average CASA growth of 11.2% also lagged average time deposit growth of 14.3%, suggesting a continued compression in the CASA ratio.
- · The results will be subjected to a limited review by the statutory auditors.
04-07-2026
Aster DM Healthcare Limited has changed its name to Aster DM Quality Care Limited effective July 3, 2026, following the amalgamation with Quality Care India Limited. The company received a fresh Certificate of Incorporation from the Registrar of Companies (Telangana) reflecting the name change. The old name must be displayed alongside the new name for two years as per regulatory requirements.
- · The name change is effective from July 3, 2026.
- · The company's CIN remains L85110TS2008PLC207383.
- · The company was originally incorporated as DM Healthcare Private Limited.
- · The company is required to display the old name for a period of two years along with the new name at all places as per Section 12 of the Companies Act.
- · The registered office address remains unchanged: No 7-1-450/20, Plot No-04, Mythri Vihar, Sanjeev Reddy Nagar, Ameerpet, Hyderabad, Telangana, India, 500038.
04-07-2026
ICICI Prudential Mutual Fund disclosed a net sale of 2,35,000 equity shares of Entertainment Network (India) Limited on July 02, 2026, reducing its shareholding by more than 2% of the paid-up capital compared to its previous disclosure on October 16, 2019 (when it held 5.004%). The fund also reported cumulative net sales of 11,19,753 shares since the last filing in October 2019, indicating a significant reduction in its stake, though the fund states the holdings are for investment purposes and not for seeking control.
- · The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- · The fund's previous disclosure on October 16, 2019 reported a holding of 5.004% of paid-up capital.
- · The fund states the holdings are for investment purposes and not with the objective of seeking any controlling interest.
- · The filing was received by Entertainment Network (India) Limited on July 3, 2026 and reported to stock exchanges on July 4, 2026.
04-07-2026
Karur Vysya Bank reported provisional business figures for the quarter ended June 30, 2026, showing total business of ₹2,27,265 Cr, up 15.94% YoY and 5.99% QoQ. Advances grew 17.12% YoY to ₹1,04,678 Cr, while total deposits rose 14.94% YoY to ₹1,22,587 Cr. However, CASA deposits grew only 8.53% QoQ, lagging overall deposit growth, and the quarter-on-quarter growth rates for advances and deposits were moderate at 6.00% and 5.98% respectively.
- · The data is provisional and subject to limited review by the statutory auditors.
- · CASA deposits grew 15.26% YoY but only 8.53% QoQ, indicating a sequential slowdown in low-cost deposit growth.
- · Advances grew faster than deposits both YoY (17.12% vs 14.94%) and QoQ (6.00% vs 5.98%), suggesting a slight increase in credit-to-deposit ratio.
04-07-2026
Defrail Technologies Ltd disclosed that promoter and managing director Vivek Aggarwal acquired 3,200 equity shares on the open market on July 2, 2026, increasing his stake from 0.707% to 0.753%. The transaction, valued at ₹2,33,760, was reported to the exchange on July 4, 2026, in compliance with SEBI insider trading regulations.
- · Acquisition was made through open market purchase on BSE.
- · Transaction executed on July 2, 2026; settlement on July 3, 2026.
- · No derivatives trading was reported.
04-07-2026
Vipul Limited announced the resignation of Company Secretary & Compliance Officer Mr. Piyush Bairagi, effective June 15, 2026, citing personal and professional reasons. The company has disclosed the requisite details as per SEBI regulations. No replacement has been announced yet.
- · Resignation effective date: June 15, 2026
- · Membership No. of resigned KMP: A-77256
- · The resignation letter was signed by Managing Director, CEO & CFO Punit Beriwala
- · No relationship between the resigned KMP and any Director was disclosed
- · The company's website where the information is available: https://www.vipulgroup.in/
04-07-2026
Globe Civil Projects Limited announced it received a Letter of Acceptance from the Central University of Punjab for a project valued at ₹1,20,00,000 (Rupees One Crore Twenty Lakh Only) to provide and fix FRP screens in the Aryabhata Academic Block. The project is to be completed within 120 days, and does not involve any promoter or related party interest.
- · The order is classified as a BOQ (Book Order Quantity) type from a domestic entity.
- · The location of the project is Central University of Punjab (CUPB), VPO Ghudda, Bathinda, Punjab (151401).
- · The project does not involve any promoter/promoter group/group companies interest and is not related party transaction.
04-07-2026
Sulabh Engineers & Services Limited has informed the BSE that a Board Meeting will be held on July 14, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and to take note of the Secretarial Audit Report for FY2025-26. The trading window for designated persons, which closed on July 1, 2026, will remain closed until 48 hours after the results are announced.
- · Board Meeting scheduled for July 14, 2026 at 3:00 PM IST at the corporate office in Kanpur.
- · Agenda includes unaudited standalone and consolidated financial results for Q1 FY27 (quarter ended June 30, 2026).
- · Agenda also includes consideration of the Secretarial Audit Report for FY2025-26 from M/S Gopesh Sahu, Company Secretaries.
- · Trading window closed from July 1, 2026 and will remain closed until 48 hours after the results announcement.
04-07-2026
Pharmaceutical Business Group (India) Limited (PBGIL), a promoter group entity holding 47.02% of Gujarat Themis Biosyn Limited (GTBL), disclosed an indirect encumbrance over 5,12,40,000 equity shares of GTBL. This arises from Vividhmargi Investments Private Limited creating a pledge over 25,24,245 shares (51%) and a non-disposal undertaking over 21,57,855 shares (47.98%) of PBGIL in favor of CTL Trusteeship Limited. The encumbrance is linked to a debenture issuance by OSS Software Solutions Labs Private Limited, with the borrowed amount of ₹135,00,00,000 intended for personal use by promoters and PACs.
- · The encumbrance is indirect, arising from VIPL's pledge and non-disposal undertaking over PBGIL shares, not directly on GTBL shares.
- · The debentures are unrated, unlisted, secured, redeemable non-convertible debentures issued by OSS Software Solutions Labs Private Limited.
- · The ratio of security value to amount involved is 14.58:1.
- · The borrowed amount of ₹135,00,00,000 is for personal use by promoters and PACs, not for the benefit of GTBL.
- · Post-event, 100% of PBGIL's GTBL holding (5,12,40,000 shares) is now indirectly encumbered.
04-07-2026
Vividhmargi Trust, the promoter of Themis Medicare Limited, has pledged 2,53,17,620 equity shares (27.49% of total share capital) on June 29, 2026, in favor of CTL Trusteeship Limited as security for unrated, unlisted secured redeemable non-convertible debentures issued by OSS Software Solutions Labs Private Limited. The pledged shares represent 40.96% of the promoter's total holding of 6,18,03,990 equity shares, and the borrowing is for personal use by the promoters and PACs, not for the benefit of the listed company.
- · The pledge was created on June 29, 2026, and reported on July 3, 2026.
- · The debentures are unrated and unlisted, issued by OSS Software Solutions Labs Private Limited.
- · The ratio of security value (₹2,84,19,02,845) to amount involved (₹1,35,00,00,000) is 2.10:1.
- · The borrowing is for personal use by promoters and PACs, not for the benefit of Themis Medicare Limited.
04-07-2026
Pharmaceutical Business Group (India) Limited (PBGIL), a promoter group entity holding 47.02% of Gujarat Themis Biosyn Limited (GTBL), disclosed an indirect encumbrance over all 5,12,40,000 GTBL shares held by it. This arises from Vividhmargi Investments Private Limited (VIPL) creating a pledge over 25,24,245 equity shares (51%) and a non-disposal undertaking over 21,57,855 equity shares (47.98%) of PBGIL in favor of CTL Trusteeship Limited, as security for debentures issued by OSS Software Solutions Labs Private Limited. The encumbrance covers 66.36% of total promoter shareholding in GTBL and 47.02% of GTBL's total share capital, with a security cover ratio of 1:14.58 against a borrowing of ₹135,00,00,000.
- · The encumbrance was created on June 29, 2026, and reported on July 3, 2026.
- · The debentures are issued by OSS Software Solutions Labs Private Limited, are unrated and unlisted, and have not yet been allotted an ISIN.
- · The borrowed amount of ₹135,00,00,000 is to be used for personal use by promoters and PACs.
- · The security cover ratio (value of shares to amount involved) is 1:14.58, indicating significant over-collateralization.
- · The total promoter shareholding in GTBL is 7,72,18,083 shares, of which 66.36% is now encumbered.
- · Prior to this event, only 4.98% of GTBL shares (25,50,000 shares) were encumbered.
04-07-2026
SJ Corporation Ltd announced the outcome of a postal ballot held from June 4 to July 3, 2026, with results declared on July 4, 2026. All 12 resolutions were passed with the requisite majority by the members, including shifting the registered office from Maharashtra to Gujarat, appointment/re-designation of directors, and approval of increased borrowing limits. The scrutiny report confirms the e-voting process was conducted transparently, with only e-voting permitted due to the pandemic. No opposing financial data or declines were reported.
- · The voting period was from Thursday, 4th June 2026, 9:00 AM IST to Friday, 3rd July 2026, 5:00 PM IST.
- · The scrutinizer's report was submitted on 3rd July 2026 and the result declared on 4th July 2026.
- · E-voting was the only mode provided due to the pandemic, in line with MCA and SEBI circulars.
- · Item 2 appoints Pintu Kanjibhai Kalavadia as Managing Director for 5 years (30th May 2026 to 29th May 2031).
- · Item 3 re-designates Deepak Bhikhalal Upadhyay from Managing Director to Executive Director for 5 years (31st May 2026 to 30th May 2031).
- · Item 4 regularizes Prashant Kanjibhai Kalavadia as Executive Director for 5 years (30th May 2026 to 29th May 2031).
- · Item 11 (related party transactions) was an Ordinary Resolution; all other items were Special Resolutions.
04-07-2026
Vividhmargi Trust, a promoter of Themis Medicare Limited, created a pledge on 2,53,17,620 equity shares (27.49% of total share capital) on June 29, 2026, in favor of CTL Trusteeship Limited. The pledge is to secure unrated, unlisted, secured, redeemable non-convertible debentures issued by OSS Software Solutions Labs Private Limited, with the borrowed amount of ₹135,00,00,000 intended for personal use by promoters and PACs. The security cover ratio is 1:2.10, with the pledged shares valued at ₹284,19,02,845.
- · The pledge was created on June 29, 2026, and reported on July 3, 2026.
- · The pledged shares are held in the names of three trustees: Mr. Dinesh Shantilal Patel, Mrs. Jayshree Dinesh Patel, and Dr. Sachin Dinesh Patel.
- · The debentures are issued by OSS Software Solutions Labs Private Limited, not by Themis Medicare.
- · The borrowed amount of ₹135,00,00,000 is for personal use by promoters and PACs, not for the benefit of the listed company.
- · The security cover ratio is 1:2.10, indicating the share value is 2.1 times the amount borrowed.
- · The debentures are unrated and unlisted, increasing risk for shareholders.
- · The encumbrance is 20% or more of total share capital (27.49%), triggering disclosure requirements.
04-07-2026
Tridev Infraestates Limited (formerly Ashutosh Paper Mills Ltd.) has received NCLT approval to reduce its share capital by 50% on a proportionate basis, effective from June 30, 2026. The paid-up value per share will be reduced from ₹10 to ₹5, followed by a consolidation of every two ₹5 shares into one ₹10 share, resulting in the total issued and paid-up capital decreasing from ₹6,52,54,000 (65,25,400 shares) to ₹3,26,27,000 (32,62,700 shares). This corporate restructuring does not involve any operational or financial performance metrics.
- · NCLT New Delhi Bench (Court-II) order dated June 30, 2026, for Company Petition No. (Companies Act) 45/ND/2025.
- · Reduction of share capital is 50% on a proportionate basis.
- · Paid-up value per share reduces from ₹10 to ₹5, then every two ₹5 shares consolidate into one ₹10 share.
- · Total issued and paid-up capital reduces from ₹6,52,54,000 to ₹3,26,27,000.
- · Number of equity shares reduces from 65,25,400 to 32,62,700.
04-07-2026
Belrise Industries Limited (BIL) has received a 'no adverse observations' observation letter from NSE and BSE, both dated July 3, 2026, regarding its proposed scheme of amalgamation (merger by absorption) of Badve Autocomps Private Limited (BAPL) and Eximius Infra Tech Solutions Private Limited (EIPL) into BIL. The letter includes detailed conditions and disclosure requirements that must be met before and during the NCLT filing process. The scheme's validity is six months from July 3, 2026, within which it must be submitted to NCLT.
- · The Observation Letter was issued in terms of Regulation 37 of SEBI (LODR) Regulations, 2015, and is valid for six months from July 3, 2026.
- · The Company must disclose all details of ongoing adjudication, recovery proceedings, and enforcement actions against the listed entity, its promoters, and directors before NCLT and shareholders.
- · Additional conditions include ensuring financials in the scheme are not older than 6 months, issuance of equity shares in demat form only, and compliance with all applicable provisions of the Companies Act, 2013.
- · The Company must provide extensive disclosures to shareholders, including pre and post scheme assets, liabilities, net worth, revenue, shareholding patterns, detailed shareholder classifications, and the impact on BIL's revenue-generating capacity.
- · The observation from SEBI/Stock Exchanges must be incorporated in the petition filed before NCLT.
- · The Company has 24 hours to disclose the No-Objection letter on its website after receiving it.
- · The letter explicitly states it does not constitute approval under any other Act/Regulation and that SEBI/NSE do not take responsibility for the financial soundness of the scheme.
04-07-2026
The filing is a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011, received by the exchange for Shantaben Sureshbhai Patel. No specific details about the transaction, deal structure, valuation, or strategic rationale are provided in the filing. The filing only confirms that a disclosure has been made; no financial or operational metrics are included.
04-07-2026
SJ Corporation Ltd announced the outcome of its Postal Ballot on July 4, 2026, with all 12 resolutions passed by the requisite majority. Key decisions include shifting the registered office from Maharashtra to Gujarat, appointing Mr. Pintu Kanjibhai Kalavadia as Managing Director, re-designating Mr. Deepak Bhikhalal Upadhyay from Managing Director to Executive Director, and approving increased borrowing limits and creation of charges on assets. No financial figures or period-over-period comparisons were provided in the filing.
- · The voting period closed on July 3, 2026, and results were declared on July 4, 2026.
- · E-voting was conducted via MUFG Intime India Pvt. Ltd from June 4, 2026 to July 3, 2026.
- · Resolutions include shifting registered office from Maharashtra to Gujarat, appointment/regularization of directors, increase in borrowing limits, creation of charges on assets, authorization for loans/guarantees/investments under Sections 185 and 186, material related party transactions, and sale of company property.
- · All resolutions were passed as special resolutions except item 11 (material related party transaction) which was an ordinary resolution.
04-07-2026
Indo Us Bio-Tech Limited has issued a Postal Ballot Notice dated July 4, 2026, seeking shareholder approval via remote e-voting for two special resolutions: the regularization of Mrs. Hemanshi Darsh Soni as an Independent Director for a 5-year term effective April 21, 2026, and the appointment of M/s. Bhagat & Associates, Chartered Accountants, as Statutory Auditors to fill a casual vacancy caused by the previous auditor's resignation. The e-voting period runs from July 5, 2026, to August 3, 2026, with results to be announced on or before August 5, 2026. No financial figures or period-over-period comparisons are provided in this governance filing.
- · The cut-off date for determining eligible members is June 26, 2026.
- · The previous statutory auditor resigned, leading to a casual vacancy.
- · Mrs. Hemanshi Darsh Soni was appointed as an Additional Director on April 21, 2026, and is now being regularized as an Independent Director for a 5-year term.
- · The company's registered office is at 309, Shanti Mall, Satadhar Char Rasta, Opp. Navrang Tower, Sola Road, Ahmedabad, Gujarat, 380061.
04-07-2026
G R Infraprojects Limited announced the completion of a 4-lane greenfield expressway spur from Delhi-Vadodara Greenfield expressway near Bandikui to Jaipur, executed by its wholly owned subsidiary GR Bandikui Jaipur Expressway Private Limited under the Hybrid Annuity Mode (HAM). The project, with a bid cost of ₹1368.00 Crore (excluding GST), received a completion certificate from the Independent Engineer on 30th June 2026, declaring it fit for commercial operation effective 01st October 2025. This milestone marks the successful delivery of a significant infrastructure asset under the Bharatmala Pariyojana Phase-I.
- · Completion certificate issued by Independent Engineer on 30th June 2026.
- · Commercial operation effective from 01st October 2025.
- · Project executed under Hybrid Annuity Mode (HAM).
- · Wholly owned subsidiary: GR Bandikui Jaipur Expressway Private Limited.
04-07-2026
Hindustan Tin Works Ltd. received an order from the Excise & Taxation Officer-cum-Assessing Authority, Sonipat, for the assessment year 2015-16, assessing tax of ₹80,22,413 and interest of ₹80,22,413, totaling ₹1,60,44,826. The company believes it will receive a favorable outcome at the appellate level and expects no material financial or operational impact from the order.
- · The order was received on July 3, 2026.
- · The order was passed under section 9(1)(C) of the Haryana Tax on Entry of Goods into Local Areas Act, 2008.
- · The company plans to challenge the order before the relevant Appellate Authority.
- · The company expects a favorable outcome at the appellate level and states no material impact on operations or financials.
04-07-2026
Century Enka Limited announced that its 60th Annual General Meeting will be held on August 20, 2026 via videoconference, and that the record date for dividend payment is August 13, 2026. The dividend, if approved, will be paid on or after August 24, 2026.
- · 60th Annual General Meeting of the Company scheduled for Thursday, 20th August 2026 at 02:30 p.m. IST.
- · Registered office is at Plot No.72 & 72-A, MIDC, Bhosari, Pune – 411026.
- · Register of Members will close from 12th August 2026 to 13th August 2026 (both days inclusive) for physical shareholders.
- · Record Date for dividend eligibility is 13th August 2026.
- · Dividend payment (if approved) will commence on or after 24th August 2026.
- · No dividend amount or percentage was disclosed in this filing.
04-07-2026
Century Enka Limited has announced its 60th Annual General Meeting (AGM) to be held on August 20, 2026 via video conferencing, and has set the book closure and record date for dividend payment for FY ended March 31, 2026. The record date is August 13, 2026, and the dividend, if approved, will be paid on or after August 24, 2026. No financial figures or performance metrics were disclosed in this filing.
- · 60th Annual General Meeting scheduled for Thursday, 20th August 2026 at 02:30 p.m. IST via Video Conferencing / Other Audio Visual means.
- · Register of Members will be closed from Wednesday, 12th August 2026 to Thursday, 13th August 2026 (both days inclusive) for physical shareholders.
- · Record Date for dividend entitlement is Thursday, 13th August 2026.
- · Dividend payment, if approved at AGM, will commence on or after Monday, 24th August 2026.
- · Filing made pursuant to Regulation 42 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
04-07-2026
Super Iron Foundry Ltd. has disclosed availing secured working capital term loans aggregating ₹20.71 Cr under the ECLGS 5.0 scheme from UCO Bank (₹9.71 Cr) and Bank of India (₹11 Cr), both for a 60-month term. The loans are secured against company property and are intended to meet working capital requirements. No period-over-period financial performance data is available in this filing.
- · Both loans are secured by a charge on 328 decimal of land located at Mouza Sarpi and Jhanjra, Durgapur, Burdwan, West Bengal.
- · The loans are not related to promoter/promoter group/group companies and do not constitute related party transactions.
- · No nominee directors or potential conflicts of interest arise from these loan agreements.
04-07-2026
Bijoy Hans Ltd (now Arvaya Healthcare Limited) announced the appointment of Dr. Bidari Kotresh Anilkumar as an Additional Director (Executive Director) for a three-year term effective July 4, 2026, subject to shareholder approval. Dr. Anilkumar brings over 12 years of leadership experience in healthcare operations and hospital management, having previously held senior roles at SeCURE Hospitals, Vaatsalya Hospitals, Cloudnine Hospitals, and Vikram Hospitals. The board meeting lasted only 15 minutes, and no financial results or other material business updates were disclosed.
- · Board meeting commenced at 11:30 AM IST and concluded at 11:45 AM IST on July 4, 2026.
- · Dr. Anilkumar's appointment is for a term of 3 years from July 4, 2026 to July 3, 2029, subject to shareholder approval by ordinary resolution.
- · Dr. Anilkumar is not debarred from holding the office of Director by SEBI or any other regulatory authority.
- · He is not related to any of the existing Directors of the company.
- · The company was formerly known as Bijoy Hans Limited and is now named Arvaya Healthcare Limited.
04-07-2026
Bikaji Foods International Limited subscribed to an additional 290,000 shares of common stock (USD 10 each) in its wholly-owned subsidiary, Bikaji Foods International USA Corp, for a cash consideration of USD 2,900,000 on July 4, 2026. The investment aims to fund a manufacturing plant in the USA to accelerate business growth, though Bikaji USA's current turnover remains modest at USD 2,620,309 for FY26. The company's shareholding in the subsidiary remains unchanged at 100%.
- · Bikaji USA was incorporated on July 10, 2023 in New Jersey, USA.
- · Authorized capital of Bikaji USA is USD 10,000,000 (1,000,000 shares of USD 10 each).
- · The additional subscription is a related party transaction under Section 177 of the Companies Act, 2013 and Regulation 23 of the Listing Regulations, done at arm's length.
- · No government or regulatory approvals were required for this acquisition.
- · The investment is in cash consideration.
04-07-2026
OnEMI Technology Solutions Ltd reported strong provisional business update for Q1FY27 (ended June 30, 2026). AUM surged 60.9% YoY to ₹8,001 Cr, with QoQ growth of 13.2% (₹934 Cr). Disbursements rose 37.1% YoY to ₹3,812 Cr. However, customer additions in the quarter were modest at 0.50 Mn, and the LAP portfolio mix increased sharply from 2.5% to 7.7%, indicating a shift toward secured lending.
- · LAP portfolio mix increased from 2.5% (June 30, 2025) to 7.7% (June 30, 2026), indicating a strategic shift toward secured lending.
- · Customer additions in Q1FY27 were only 0.50 Mn, suggesting a slowdown in new customer acquisition compared to the overall growth rate.
- · The business update is provisional and subject to statutory auditor review.
04-07-2026
On July 1, 2026, Koriander Consultants LLP acquired 20,00,000 convertible warrants of Callista Industries Ltd (Scrip Code: 539335) via preferential allotment, increasing its total holding (shares plus warrants) from 7.34% to 14.02% of diluted capital. While the acquisition represents a substantial 6.67% increase in diluted voting capital from warrants alone, the acquirer's shareholding (voting rights) remained unchanged at 14.79% of total voting capital and 3.34% of diluted voting capital, indicating the warrants are not yet converted and carry no voting rights.
- · Warrants are convertible into equity shares within 18 months from allotment at a 1:1 ratio and a conversion price of ₹10 per share; no redemption feature — warrants either convert or lapse.
- · Equity share capital of Callista Industries increased from ₹6,73,90,880 to ₹6,75,90,880 post-allotment, reflecting the face value of new shares that will be issued upon warrant conversion.
- · Total diluted share capital after acquisition stands at ₹29,94,65,880.
04-07-2026
Arunjyoti Bio Ventures Limited has informed BSE that a Board Meeting will be held on July 9, 2026, to consider and approve the un-audited financial results for the quarter ended June 30, 2026, along with the limited review report. The meeting will take place at the company's registered office in Madhapur, Hyderabad. No financial figures or performance trends are disclosed in this filing.
- · Board meeting scheduled for July 9, 2026 at 6th floor, 604B, Jain Sadguru Capital Park, Madhapur, Hyderabad.
- · Agenda includes approval of un-audited financial results for Q1 FY27 (quarter ended June 30, 2026) and limited review report.
- · Company's scrip code on BSE is 530881.
- · Registered office address: Door No.1-98/1/SIC/6F/604-B, 6th Floor, Jain Sadhguru Capital Park, Beside Image Gardens, Madhapur, Shaikpet, Telangana 500081.
- · Company has two plant units: Unit 1 in Kallem, Jangaon, Telangana; Unit 2 in Annadevarapeta, East Godavari, Andhra Pradesh.
04-07-2026
Cargosol Logistics Limited's Board approved raising up to USD 15 million via Foreign Currency Convertible Bonds (FCCBs) on a private placement basis, subject to shareholder and regulatory approvals. The Board also approved the notice for an Extra-Ordinary General Meeting (EGM) scheduled for July 31, 2026, to seek member approval. No financial results or period-over-period comparisons were provided in this filing.
- · The FCCBs are optionally convertible into equity shares of the Company.
- · The EGM will be held on July 31, 2026 at 12:00 PM via Video Conferencing / Other Audio-Visual Means.
- · The Board meeting started at 11:00 AM IST and concluded at 12:00 Noon IST.
- · No defaults in payment of coupon on FCCBs were reported (NIL).
- · The stock exchange for listing of FCCBs is to be decided by the Board.
04-07-2026
SBI Life Insurance Company Limited disclosed an open market sale of 50,00,000 shares (0.55% of voting capital) in Paisalo Digital Limited on July 01, 2026, reducing its stake from 6.83% to 6.28% of voting capital. The transaction does not involve a promoter or person acting in concert with the acquirer, and Paisalo Digital’s equity share capital remained unchanged at 90,95,21,874 shares.
- · The sale was executed via open market transaction on July 01, 2026.
- · SBI Life Insurance confirmed it does NOT belong to the promoter/promoter group of Paisalo Digital.
- · Paisalo Digital's total diluted share capital post-transaction stands at 99,09,61,314 shares.
- · No encumbered shares, voting rights otherwise by shares, or convertible instruments were involved.
04-07-2026
Bijoy Hans Ltd (now Arvaya Healthcare Limited) announced the appointment of Dr. Bidari Kotresh Anilkumar as an Additional Executive Director for a three-year term effective July 4, 2026, subject to shareholder approval. The board meeting concluded in 15 minutes, and no financial results or operational metrics were disclosed.
- · The company has been renamed from Bijoy Hans Limited to Arvaya Healthcare Limited.
- · The new director is not related to any existing directors.
- · Dr. Anil Kumar B.K. has over 12 years of leadership experience in healthcare operations and hospital management.
- · The board meeting lasted only 15 minutes (11:30 AM to 11:45 AM IST).
04-07-2026
Skipper Limited announced that Crisil Ratings Limited has upgraded its long-term bank facilities rating to 'Crisil A+/Stable' (enhanced to ₹4621 crore from ₹4301 crore) while reaffirming the short-term bank facilities rating at 'Crisil A1'. The upgrade reflects improved credit profile and liquidity.
- · Long-term bank facilities upgraded to Crisil A+/Stable from previous rating (action: Upgraded).
- · Short-term bank facilities reaffirmed at Crisil A1 (action: Reaffirmed).
- · Enhanced limit from ₹4,301 Cr to ₹4,621 Cr.
04-07-2026
Market Creators Ltd. has received a disclosure under SEBI (SAST) Regulations, 2011 from Kalpesh J Shah, indicating a potential substantial acquisition of shares. The filing is purely a regulatory disclosure under Regulation 29(1) and does not provide any financial details, deal structure, or strategic rationale. No quantitative data on transaction value, share count, or valuation is disclosed.
- · Disclosure received by BSE from Market Creators Ltd. under Regulation 29(1) of SEBI SAST Regulations.
- · Acquirer identified as Kalpesh J Shah.
- · No details on number of shares acquired, price, or resulting shareholding percentage.
04-07-2026
Life Insurance Corporation of India (LIC) has published newspaper advertisements on July 4, 2026, informing shareholders of its 5th Annual General Meeting (AGM) scheduled for July 27, 2026, at 11:00 a.m. IST via video conferencing. The notice includes details of the e-voting facility and has been published in English (The Times of India), Hindi (Navbharat Times), and Marathi (Maharashtra Times) newspapers.
- · The AGM will be held on July 27, 2026, at 11:00 a.m. IST through Video Conferencing/Other Audio Visual Means.
- · Advertisements were published in three languages: English, Hindi, and Marathi.
- · The notice includes details of the e-voting facility for the AGM.
04-07-2026
Market Creators Ltd. has received a disclosure under SEBI (SAST) Regulations, 2011, Regulation 29(2), from Kalpesh J Shah. The filing is a regulatory disclosure of an acquisition event, but no specific deal structure, valuation, or strategic rationale details are provided. The filing is purely procedural, with no quantitative data on transaction value, share count, or financial metrics, limiting analysis to the fact of the disclosure itself.
- · The filing is a disclosure under Regulation 29(2) of SEBI SAST Regulations, 2011, submitted by Kalpesh J Shah to Market Creators Ltd.
- · No details on the number of shares acquired, transaction value, or resulting shareholding percentage are provided in the filing summary.
04-07-2026
Man Industries (India) Limited has informed the stock exchanges that it will hold an in-person meeting with a group of institutional investors and analysts on July 8, 2026. The company has stated that no unpublished price sensitive information (UPSI) will be discussed during the interaction.
- · Meeting scheduled for Wednesday, July 08, 2026.
- · Interaction type is in-person.
- · Company explicitly states no UPSI will be discussed.
04-07-2026
Marble City India Limited (formerly PG Industry Ltd) issued a clarification to BSE on July 2, 2026, in response to a query regarding significant price movement in its security. The company stated that the price increase is purely market-driven and that management/promoters have no role in it, confirming no undisclosed price-sensitive information exists.
- · The clarification was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- · The company reaffirmed its commitment to future compliance with disclosure requirements.
04-07-2026
Prodocs Solutions Ltd reported standalone revenue from operations of ₹4,512.90 Lakh for the year ended March 31, 2026, up 8.0% from ₹4,179.14 Lakh in the prior year, while net profit surged 61.0% to ₹802.16 Lakh from ₹498.22 Lakh. However, consolidated revenue from operations declined to ₹3,080.62 Lakh for the half-year ended March 31, 2026 from ₹3,188.60 Lakh in the prior half-year, and the company revised its consolidated auditor's report to comply with SEBI format after a BSE discrepancy notice.
- · Standalone EPS for FY26: basic and diluted ₹13.56 (prior year ₹13.89).
- · Board recommended dividend of ₹1 per equity share (face value ₹10) for FY26, subject to shareholder approval.
- · IPO net proceeds of ₹2,208 Lakh; major unutilized amount of ₹300.29 Lakh for working capital requirements.
- · Company operates in two geographical segments: India (revenue ₹415.36 Lakh for FY26) and USA (revenue ₹2,043.83 Lakh for H2 FY26).
- · Consolidated net profit after minority interest for FY26: ₹945.72 Lakh (prior year not disclosed).
- · Standalone cash flow from operations was negative ₹150.07 Lakh in FY26 (improved from negative ₹940.57 Lakh in FY25).
- · No investor complaints received or pending during the quarter ended March 31, 2026.
04-07-2026
Fujiyama Power Systems Limited (formerly Fujiyama Power Systems Private Limited) has informed the stock exchanges that its management will participate in an Analyst/Investor Meeting on July 9, 2026, at 4:00 PM IST via a virtual group meeting organized by Churchgate Partners. The company stated that no unpublished price sensitive information is proposed to be shared during the meeting.
- · The meeting is scheduled for Thursday, July 9, 2026, at 4:00 PM IST.
- · The meeting will be held virtually via a group meeting organized by Churchgate Partners.
- · The schedule is subject to change due to exigencies on the part of the analyst/institutional investor/company.
- · Details will be available on the company's website at https://www.utlsolarfujiyama.com/investor-relations.
04-07-2026
Baazar Style Retail Limited has opened a new store at Gilat Bazar, Varanasi, Uttar Pradesh, bringing the total store count to 274. This expansion reflects the company's ongoing retail footprint growth.
- · New store location: Gilat Bazar, Varanasi, Uttar Pradesh
- · Store opening date: July 04, 2026
04-07-2026
Nexus Select Trust has published newspaper advertisements notifying unitholders of its 4th Annual Meeting to be held on July 29, 2026 at 2:00 PM via video conferencing. The filing is a routine procedural update with no financial results or operational data disclosed.
- · The 4th Annual Meeting of Unitholders is scheduled for Wednesday, July 29, 2026 at 2:00 PM IST.
- · The meeting will be conducted through Video Conferencing/Other Audio-Visual Means.
- · The advertisement was published in The Free Press Journal and Navshakti (both with electronic editions).
- · The notice and related information are available on the trust's website at www.nexusselecttrust.com.
04-07-2026
Spinaroo Commercial Limited announced the resignation of Mrs. Megha Khanna as Company Secretary and Compliance Officer, effective June 30, 2026. The Board accepted the resignation and appointed Mrs. Neha Pansari as the new Company Secretary and Compliance Officer, effective July 01, 2026. These changes were approved in a board meeting held on July 04, 2026.
- · The board meeting commenced at 11:30 AM and concluded at 12:30 PM on July 04, 2026.
- · Mrs. Neha Pansari is a B.Com (Hons.) and a Fellow Member of the Institute of Company Secretaries of India (Membership No. A32885).
- · No director relationships were disclosed for the appointee.
04-07-2026
Shipwaves Online Ltd announced the resignation of CFO Zeeshan Ali Mohammed Habibi and Company Secretary Jessica Juliana Mendonca, effective July 6, 2026. The board appointed Whole-Time Director Mohammed Sahim Haris as the new CFO and Ms. Maithri K B as the new Company Secretary and Compliance Officer, both effective July 7, 2026. The changes are routine key managerial personnel transitions with no material financial impact.
- · CFO Zeeshan Ali Mohammed Habibi resigned due to inability to devote sufficient time.
- · Company Secretary Jessica Juliana Mendonca resigned to pursue other career options.
- · New CFO Mohammed Sahim Haris is a promoter and has been Finance Manager at Shipwaves Online LLC since January 2023.
- · New CS Maithri K B is an Associate Member of ICSI with 21 months of practical training.
- · Board meeting lasted 20 minutes (11:25 AM to 11:45 AM).
04-07-2026
Hawkins Cooker Ltd. has issued the Notice for its 66th Annual General Meeting (AGM) to be held on July 29, 2026, along with the Annual Report for FY2025-26. Key proposals include a dividend of ₹140 per equity share, re-appointment of Wholetime Directors Mr. Tej Paul Sharma and Mr. Neil Vasudeva for three-year terms, and re-appointment of Independent Director Mr. Murli Aildas Teckchandani and appointment of Ms. Vini Mahajan as Independent Director. The filing also includes a special resolution to invite fixed deposits from members and the public.
- · Register of Members and Transfer Books will remain closed from July 23, 2026, to July 29, 2026.
- · Dividend, if approved, will be payable to Members whose names appear on the Register on July 29, 2026 (physical) or beneficial ownership as on July 22, 2026 (demat).
- · Mr. Tej Paul Sharma holds 10 shares in the Company and is not related to any other Director.
- · Mr. Tej Paul Sharma attended all four Board Meetings held in FY2025-26.
- · The proposed monthly salary for Mr. Tej Paul Sharma is ₹5 lakh (increased from ₹3.50 lakh), plus commission up to 1.1% of net profits.
- · Mr. Murli Aildas Teckchandani's current term as Independent Director ends on July 31, 2026; proposed re-appointment for a second term from August 1, 2026 to July 31, 2031.
- · Ms. Vini Mahajan is proposed to be appointed as Independent Director for a term from August 1, 2026 to July 31, 2031.
04-07-2026
Spinaroo Commercial Limited announced the resignation of Mrs. Megha Khanna as Company Secretary and Compliance Officer effective June 30, 2026, and the appointment of Mrs. Neha Pansari as her successor effective July 01, 2026. The changes were approved at a Board Meeting held on July 04, 2026.
- · Mrs. Megha Khanna's resignation was accepted by the Board and she was relieved from the end of working hours on June 30, 2026.
- · Mrs. Neha Pansari holds a B.Com (Hons.) and is a Fellow Member of the Institute of Company Secretaries of India (Membership No. A32885).
- · The Board meeting commenced at 11:30 AM and concluded at 12:30 PM on July 04, 2026.
04-07-2026
CMR Green Technologies reported a 24% YoY increase in total volume to 80,381 metric tons in FY26, with aluminum segment sales growing 27% to 65,636 metric tons. The company holds 2.73 lakh tons of carbon credits (unrecognized revenue) and has an installed capacity of 6.15 lakh metric tons per annum. However, the company noted elevated logistics costs due to geopolitical conflicts, and the non-aluminum segment (20% of sales) may have underperformed relative to the aluminum business.
- · CMR is 4 times larger than its nearest competitor in installed capacity.
- · The company holds 8 copyrights centered on standard operating processes.
- · One-third of power requirement is met by solar energy.
- · All plants are zero discharge (no liquid or solid discharge).
- · The company has technical and marketing joint ventures with three Japanese companies (Toyota Tsusho, Nikkei MC Aluminium, Nippon Light Metal) with no royalty payments.
- · CMR has patents on safe transportation of liquid metal over road and on process control at customer end.
- · The IPO was a pure offer for sale of INR630 crore.
- · The company supplies to nearly all OEMs and Tier 1 auto component suppliers in India.
- · Elevated logistics costs due to geopolitical conflicts were noted as a headwind.
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