Executive Summary
The July 20, 2026, filing batch reveals a market characterized by strong, broad-based revenue growth, with several companies (D.P. Abhushan, Regency Fincorp, Indo Thai Securities) reporting YoY revenue surges of 50-280%, though often accompanied by rising costs and seasonal QoQ declines.
Profitability trends are mixed: while net profit doubled or tripled for many (Tourism Finance Corp, Regency Fincorp, Indo Thai Securities), margin compression and sequential dips are evident in logistics (Mahindra Logistics) and cement (UltraTech). A significant capital allocation theme emerges, with Shyam Metalics announcing a massive ₹4,500 Cr fundraise and SG Mart acquiring land for ₹85 Cr, signaling aggressive expansion. However, operational risks are prominent, including a fire-related plant shutdown at Chemplast Sanmar, a regulatory penalty for Airfloa Rail, and a sharp export revenue plunge at Alkali Metals. Insider trading activity is absent from these filings, but forward-looking guidance is limited, shifting the focus to scheduled events like upcoming Q1 earnings calls and AGMs for catalysts. The overall sentiment is cautiously optimistic, with growth stories tempered by rising finance costs, debt levels, and sector-specific headwinds.
Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →
Filing types in this digest: Corporate governance · Debt securities · M&A
Tracking the trend? Catch up on the prior India Stock Market Daily Regulatory Digest digest from July 19, 2026.
Investment Signals (11)
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Revenue surged 57.8% YoY and net profit jumped 77% YoY, but QoQ revenue fell 36.1% due to seasonality. The 31.1% YoY rise in finance costs is a watch item. [BULLISH on YoY growth, BEARISH on rising costs]
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Net profit more than doubled (+122.6% YoY) on a 107.8% YoY jump in interest income, but finance costs also more than doubled (+121.9% YoY), compressing margins. [BULLISH on top-line, BEARISH on cost growth]
- Tourism Finance Corp ↓ (BULLISH)▲
Net profit surged 100.3% YoY, driven by a 27.2% increase in total income and a one-time tax refund. However, other operating expenses spiked 147.5% YoY, warranting scrutiny.
- Mahindra Logistics ↓ (MIXED)▲
Turned profitable (PAT of ₹25.4 Cr vs a loss of ₹10.8 Cr YoY) with Express business gross margin turning positive. However, Freight Forwarding revenue declined 38.6% YoY and EBITDA margin contracted QoQ.
- Indian Overseas Bank ↓ (BULLISH)▲
Net profit jumped 49.32% YoY with NIM expanding and NPAs at historic lows (GNPA 1.33%). Slippage ratio of 0.06% and strong recoveries (3.35x slippages) signal robust asset quality.
- Tinna Rubber ↓ (BULLISH)▲
Standalone net profit surged 83.1% YoY, with finance costs declining 4.6% YoY. The incorporation of a Chilean subsidiary signals global expansion.
- Indo Thai Securities ↓ (MIXED)▲
FY26 PAT surged 738% YoY, but this was driven by an 848% jump in fair value gains (treasury operations), while core fees grew only 5.7% YoY, indicating unsustainable earnings quality.
- UltraTech Cement ↓ (NEUTRAL)▲
Revenue grew 15.8% YoY and net profit 16.8% YoY, but EBITDA margin was flat at 21%. The ongoing CCI penalty litigation (₹1,804 Cr) remains a contingent liability.
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Announced a massive ₹4,500 Cr fundraise (QIP/FPO) and an interim dividend of ₹1.80/share. The fundraise could be dilutive but signals aggressive expansion. [NEUTRAL on dividend, WATCH for dilution]
- SG Mart ↓ (MIXED)▲
Revenue grew 14.4% YoY and PAT 41.1% YoY, but QoQ revenue fell 28.2%. The ₹85 Cr acquisition of a land-owning company (nil turnover) is a strategic land play.
- Vimta Labs ↓ (NEUTRAL)▲
Revenue grew 11.8% YoY and PAT 11.4% YoY, but was nearly flat QoQ. The grant of 40,500 ESOPs may signal management confidence but will increase future costs.
Risk Flags (9)
- Chemplast Sanmar/Operational Shutdown↓ [HIGH RISK]▼
A fire at its EDC plant led to a prohibition order from the Inspector of Factories. The financial impact is unquantified but could disrupt production and supply chains.
- Alkali Metals/Revenue & Profit Collapse↓ [HIGH RISK]▼
Reported a net loss of ₹64.42 Lakhs vs a profit of ₹401.53 Lakhs in Q4 FY26. Export revenue plunged 64.7% QoQ, and total expenses exceeded income.
- Airfloa Rail Technology/Regulatory Penalty↓ [MEDIUM RISK]▼
Penalty for delayed CSR transfers was enhanced to ₹1.41 Cr from ₹70.40 Lakhs. The company plans to challenge, but the order signals governance lapses.
- Dynamic Cables/Debt Surge↓ [MEDIUM RISK]▼
Net debt jumped to ₹88.8 Cr from ₹58.2 Cr QoQ (52.6% increase), while cash equivalents declined. Despite strong YoY growth, the rising leverage is a concern.
- Indo Thai Securities/Earnings Quality↓ [HIGH RISK]▼
FY26 PAT growth of 738% YoY was driven by an 848% jump in fair value gains (likely non-recurring). Core fee income grew only 5.7%, making earnings unsustainable.
- Shyam Metalics/Subsidiary Probe↓ [MEDIUM RISK]▼
The auditor's report notes a provisional attachment order by the Enforcement Directorate against one subsidiary. While management assesses implications, this introduces legal and reputational risk.
- Mahindra Logistics/Segmental Weakness↓ [MEDIUM RISK]▼
Freight Forwarding revenue declined 38.6% YoY and 49.2% QoQ, and Last Mile Delivery revenue fell 16.2% YoY, indicating structural challenges in key segments.
- UltraTech Cement/Contingent Liability↓ [MEDIUM RISK]▼
The CCI penalty of ₹1,804.31 Cr remains a material legal overhang. While stayed, any adverse ruling could significantly impact earnings.
- SG Mart/Acquisition Risk↓ [MEDIUM RISK]▼
Acquiring Tanwar Cargo Solutions (nil turnover for 3 years) for ₹85 Cr is a pure land play. Execution risk and timeline (by Dec 2026) need monitoring.
Opportunities (8)
- Indian Overseas Bank/Asset Quality Turnaround↓ (OPPORTUNITY)◆
With GNPA at 1.33% (lowest in years), a historic low slippage ratio of 0.06%, and strong recoveries, the bank is in a sweet spot. The 49.32% YoY profit growth and improving NIM make it a value play in PSU banking.
- Tinna Rubber/Global Expansion & Margin Growth↓ (OPPORTUNITY)◆
83.1% YoY PAT growth with declining finance costs and a new Chilean subsidiary for ELT sourcing. The stock could re-rate as global expansion story gains traction.
- VA Tech Wabag/Order Inflow Catalyst↓ (OPPORTUNITY)◆
Secured a 'Large' order (₹250-600 Cr) from BWSSB for wastewater treatment plants. With a 7-year O&M period, this provides long-term revenue visibility and reinforces its leadership in the water treatment space.
- Regency Fincorp/High Growth Niche↓ (OPPORTUNITY)◆
122.6% YoY PAT growth on a small base. The ₹25 Cr NCD issuance to fund growth could accelerate lending. High risk due to cost growth, but high reward potential.
- D.P. Abhushan/Seasonal Dip Buying Opportunity↓ (OPPORTUNITY)◆
Q1 is seasonally weak for jewellery, but 57.8% YoY revenue growth and 77% YoY PAT growth show strong underlying demand. The QoQ dip could be a buying opportunity ahead of the festive season.
- L&T Technology Services/ESG Rating Upgrade↓ (OPPORTUNITY)◆
ESG score improved from 74.1 to 75.7. This could attract ESG-focused funds and improve valuation multiples, especially for a company already in the tech services space.
- Dhabriya Polywood/Order Win Catalyst↓ (OPPORTUNITY)◆
Received an ₹18.59 Cr order for aluminum doors/windows, which is ~5-7% of likely annual revenue. Execution over 11.4 months provides steady revenue visibility.
- Rail Vikas Nigam Limited (RVNL)/Order Win Momentum↓ (OPPORTUNITY)◆
Emerged L1 for a ₹359 Cr EPC contract from East Central Railway. With a 1095-day execution timeline, this adds to its strong order book and reinforces the railway infrastructure theme.
Sector Themes (6)
- Financials Outperform on Asset Quality & NIM Expansion◆
Indian Overseas Bank (49% PAT growth, NIM up) and Tourism Finance Corp (100% PAT growth) highlight a sector-wide trend of improving asset quality and net interest margins, driven by lower NPAs and credit costs. This contrasts with rising finance costs for NBFCs like Regency Fincorp.
- Manufacturing & Infrastructure See Strong YoY Growth but QoQ Seasonality◆
Companies like UltraTech Cement (15.8% YoY revenue), Dynamic Cables (33% YoY revenue), and Tinna Rubber (18.5% YoY revenue) show robust YoY growth, but all reported QoQ declines (UltraTech -4.5%, Dynamic Cables -4.2%, Tinna Rubber -2.4%), reflecting typical seasonal slowdowns in construction and manufacturing.
- Logistics Sector: Turnaround in Express, but Freight Forwarding Struggles◆
Mahindra Logistics' Express business turned profitable (GM% positive), but Freight Forwarding revenue collapsed 38.6% YoY. This bifurcation suggests a shift in trade patterns or competitive dynamics, with the express segment benefiting from e-commerce while traditional freight faces headwinds.
- Rising Finance Costs Squeeze Margins Across Sectors◆
Multiple companies reported significant YoY increases in finance costs: D.P. Abhushan (+31.1%), Regency Fincorp (+121.9%), and Tourism Finance Corp (+21.4%). This indicates a tightening credit environment or increased borrowing for expansion, which could pressure future margins if revenue growth slows.
- Capital Raising & Expansion Mode: Aggressive Moves by Mid-Caps◆
Shyam Metalics' ₹4,500 Cr fundraise and SG Mart's ₹85 Cr acquisition signal that mid-cap companies are aggressively raising capital for expansion and land acquisition. This could lead to near-term dilution but positions them for long-term growth.
- Regulatory & Operational Risks on the Rise◆
The batch saw multiple risk events: Chemplast Sanmar's plant shutdown, Airfloa Rail's penalty, and Alkali Metals' export collapse. This highlights that while the macro environment is supportive, company-specific operational and regulatory risks are materializing and require active monitoring.
Watch List (8)
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Watch for updates on the EDC plant restart and financial impact assessment. The prohibition order is a key overhang. [Date: Ongoing]
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Watch for shareholder approval of the ₹4,500 Cr fundraise at the AGM on Aug 25, 2026. The mode (QIP/FPO) will determine dilution impact. [Date: Aug 25, 2026]
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Board meeting on Aug 11, 2026, for Q1 results. Watch for commentary on USFDA approvals and domestic growth. [Date: Aug 11, 2026]
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AGM on Aug 13, 2026. Watch for management outlook on the Indian pharma market and dividend policy. [Date: Aug 13, 2026]
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Earnings call on Jul 27, 2026. Watch for management commentary on Freight Forwarding recovery and Express business sustainability. [Date: Jul 27, 2026]
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Watch for completion of Tanwar Cargo Solutions acquisition by Dec 31, 2026. Any delays could signal execution risk. [Date: Dec 31, 2026]
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Watch for Q2 FY27 results to see if the export revenue decline is a one-off or a trend. The net loss is a red flag. [Date: Q2 FY27 results]
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Watch for any Supreme Court developments on the CCI penalty case. An adverse ruling could create a significant liability. [Date: Ongoing]
Filing Analyses
(50)
20-07-2026
VA Tech Wabag Limited has secured a 'Large' order inflow from the Bangalore Water Supply and Sewerage Board (BWSSB) for two energy-efficient wastewater treatment facilities. The order, valued between INR 250 Crore and INR 600 Crore, covers the design, build, and operation of a 100 MLD and a 60 MLD sewage treatment plant, along with a 25 MLD tertiary treatment plant, with an EPC completion timeline of 36 months followed by a 7-year O&M period. This win reinforces WABAG's leadership in India's municipal wastewater treatment sector and supports Bengaluru's water infrastructure and sustainability goals.
- · WABAG had previously executed the first phase of the Bellandur facility and has now been awarded the second phase.
- · The facilities will incorporate anaerobic sludge digestion with biogas-based captive power generation to reduce GHG emissions and energy footprint.
- · The order is classified as 'Large' per the company's classification table (domestic orders INR 250 to 600 Crore).
- · The project is awarded by a domestic entity (BWSSB) and does not involve related party transactions or promoter interest.
20-07-2026
D. P. Abhushan Limited reported unaudited standalone financial results for Q1 FY27 (quarter ended June 30, 2026), showing strong year-over-year growth. Revenue from operations surged 57.8% YoY to ₹85,239.97 Lakh, and net profit jumped 77.0% YoY to ₹6,444.95 Lakh. However, compared to the preceding quarter (Q4 FY26), revenue declined 36.1% and net profit fell 27.4%, reflecting typical seasonal patterns in the jewellery business. The Board also approved opening a company-owned showroom in Dahod, Gujarat, and a franchise-owned company-operated showroom in Jabalpur, Madhya Pradesh.
- · Total income for Q1 FY27 was ₹85,362.80 Lakh, up from ₹54,131.93 Lakh in Q1 FY26.
- · Total expenses for Q1 FY27 were ₹76,741.56 Lakh, compared to ₹49,272.62 Lakh in Q1 FY26.
- · Finance costs increased to ₹527.92 Lakh in Q1 FY27 from ₹402.66 Lakh in Q1 FY26 (31.1% YoY increase).
- · Employee benefit expense rose to ₹1,149.05 Lakh in Q1 FY27 from ₹900.74 Lakh in Q1 FY26 (27.6% YoY increase).
- · The company has only one reportable segment: Gems & Jewellery.
- · The company has no subsidiaries, associates, or joint ventures as of June 30, 2026.
- · The limited review report by Jeevan Jagetiya & Co (FRN: 121335W) did not identify any material misstatement.
20-07-2026
El Forge Ltd. held its 90th Annual General Meeting on July 20, 2026, where shareholders approved all seven agenda items, including adoption of audited financial statements for FY2026, reappointment of Mr. V. Srikanth, appointment of two executive directors, two independent directors, and a secretarial auditor. The auditor's report contained no qualifications, and the meeting concluded with a vote of thanks.
- · The AGM was held physically at the registered office in Kancheepuram District.
- · Remote e-voting was open from July 17, 2026 (9:00 a.m. IST) to July 19, 2026 (5:00 p.m. IST).
- · Polling facility through ballot paper was available during the meeting for members who had not already voted.
- · The meeting lasted 45 minutes, from 12:00 noon to 12:45 p.m. IST.
- · The scrutinizer's report and voting results will be submitted to the stock exchange and posted on the company's website.
20-07-2026
Zydus Lifesciences Limited has informed the stock exchanges that its Board of Directors will meet on August 11, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The trading window for directors and designated persons will remain closed from the date of the notice until August 13, 2026, reopening on August 14, 2026. This is a routine procedural disclosure under SEBI Listing Regulations and does not contain any financial results or performance data.
- · Board meeting scheduled for August 11, 2026
- · Agenda includes approval of unaudited financial results for Q1 FY27 (quarter ended June 30, 2026)
- · Trading window closure: from July 20, 2026 to August 13, 2026
- · Trading window reopens: August 14, 2026
20-07-2026
Shyam Metalics and Energy Limited's Board approved unaudited standalone and consolidated financial results for Q1 FY27 (ended June 30, 2026) and declared a 1st interim dividend of ₹1.80 per share (18% of face value ₹10). The Board also approved a major fund-raising proposal of up to ₹4,500 crore through QIP, FPO, preferential issue, or other permissible routes, subject to shareholder approval at the 24th AGM scheduled for August 25, 2026. The auditor's review report includes a note on a provisional attachment order by the Directorate of Enforcement against one subsidiary, though management has assessed the implications and the auditor's conclusion is unmodified.
- · Record date for interim dividend is Friday, 24 July 2026; payment within 30 days of declaration.
- · Register of Members and Share Transfer Books will be closed from 19 August 2026 to 25 August 2026 (both days inclusive) for AGM and dividend.
- · Cut-off date for remote e-voting is 18 August 2026; final dividend (if approved at AGM) payable to shareholders on record as of 7 August 2026.
- · M/s. MKB & Associates appointed as Scrutinizer for e-voting at the 24th AGM.
- · Auditor's review report includes a note on a Provisional Attachment Order by the Directorate of Enforcement dated 15 April 2026 against one subsidiary under PMLA, 2002; management has assessed implications and auditor's conclusion is unmodified.
- · The fund-raising proposal is an enabling resolution; specific terms (pricing, allottees, etc.) will be disclosed later if a preferential allotment route is chosen.
20-07-2026
EVERLON FINANCIALS LIMITED has informed BSE that a Board Meeting will be held on July 28, 2026 via OAVM to consider and approve the unaudited standalone financial results for Q1 FY27 (ended June 30, 2026), appoint Mr. Sanjay Rasiklal Dholakia as an Additional Independent Director, and note the appointment of a Statutory Auditor due to the expiration of the existing auditor's term. The trading window has been closed since July 1, 2026 and will reopen 48 hours after the results declaration.
- · Board meeting scheduled for July 28, 2026 via Other Audio Visual Means (OAVM).
- · Agenda includes approval of unaudited standalone financial results for Q1 ended June 30, 2026.
- · Proposed appointment of Mr. Sanjay Rasiklal Dholakia (DIN: 11831235) as Additional Independent Director (Non-Executive).
- · Statutory Auditor appointment to be noted due to expiration of existing auditor's term.
- · Trading window closed from July 1, 2026; will reopen 48 hours after results declaration.
20-07-2026
Vimta Labs reported revenue from operations of ₹1,090.74 Cr for Q1 FY27 (June 2026), nearly flat compared to ₹1,092.45 Cr in Q4 FY26 and up 11.8% from ₹975.64 Cr in Q1 FY26. Profit after tax (PAT) rose 11.4% YoY to ₹210.42 Cr from ₹188.94 Cr, though sequentially PAT declined slightly from ₹211.13 Cr. The company also granted 40,500 stock options under its ESOP plan.
- · Revenue from operations was nearly flat sequentially (₹1,090.74 Cr vs ₹1,092.45 Cr in Q4 FY26).
- · Other income increased to ₹38.12 Cr in Q1 FY27 from ₹27.51 Cr in Q4 FY26 and ₹17.49 Cr in Q1 FY26.
- · Employee benefits expense rose to ₹294.20 Cr from ₹278.18 Cr YoY, partly due to ESOP cost of ₹8.46 Cr.
- · Exceptional item of ₹16.16 Cr recognized in FY26 due to new Labour Codes (past service cost on gratuity).
- · Company has only one reportable segment: Contract Research and Testing Services.
- · No subsidiaries, associates, or joint ventures.
20-07-2026
Regency Fincorp Limited reported standalone unaudited financial results for the quarter ended June 30, 2026, showing strong growth. Total income surged 86.5% YoY to ₹1,742.69 Lakhs (₹17.43 Cr), driven by a 113% YoY jump in interest income to ₹1,532.37 Lakhs. Profit after tax more than doubled, rising 122.6% YoY to ₹702.76 Lakhs. However, finance costs also rose sharply by 121.9% YoY to ₹506.54 Lakhs, and EPS remained modest at ₹0.79 per share (basic). The Board also approved the issuance of 25,000 secured NCDs worth ₹25 Cr on a private placement basis.
- · Standalone revenue from operations for Q1 FY26 was ₹1,613.63 Lakhs, up from ₹776.31 Lakhs YoY.
- · Standalone other income for Q1 FY26 was ₹129.06 Lakhs, down from ₹158.15 Lakhs YoY (decline of 18.4%).
- · Consolidated results include wholly owned subsidiary Regency Fin Technology Limited.
- · The Board appointed Catalyst Trusteeship Limited as debenture trustee and Credora Partners Private Limited as merchant banker for the NCD issuance.
- · Paid-up equity share capital increased to ₹8,884.61 Lakhs from ₹6,946.47 Lakhs YoY, reflecting equity infusion.
- · The limited review report notes no material misstatement and compliance with RBI prudential norms for NBFCs.
20-07-2026
Tourism Finance Corporation of India Ltd. reported a strong 100.3% YoY surge in net profit to ₹6,120.93 lakh for Q1 FY27, driven by a 27.2% increase in total income to ₹11,515.23 lakh. However, the quarter also saw a significant rise in finance costs (+21.4% YoY) and other operating expenses (+147.5% YoY), partially offsetting the top-line growth. The Board also approved an amendment to the Articles of Association regarding the Common Seal.
- · Gross NPA and Net NPA figures were not disclosed in the filing.
- · Capital to Risk Adequacy Ratio (CRAR) was not disclosed.
- · The company received an income tax refund of ₹3,400.03 lakh for assessment years 1995-96 to 2002-03, along with net interest of ₹808.35 lakh, recognized as other income.
- · Equity shares of face value ₹10 were split into five shares of ₹2 each effective September 19, 2025.
- · No non-convertible securities were issued during the quarter, making certain SEBI disclosures not applicable.
20-07-2026
Electrotherm (India) Limited announced the outcome of its Board Meeting held on July 20, 2026, approving the appointment of Mr. Raj Kumar Bansal as an Additional Non-Executive Independent Director for a five-year term, and Mr. Harish Mukati as an Additional Director and Whole Time Director & CEO for a three-year term. The filing contains no financial results or period-over-period comparisons.
- · Mr. Raj Kumar Bansal's term as Independent Director runs from 20th July 2026 to 19th July 2031.
- · Mr. Harish Mukati's term as Whole Time Director & CEO runs from 20th July 2026 to 19th July 2029, subject to shareholder approval.
- · Mr. Harish Mukati was previously CEO of the Steel Division since 14th November 2024.
- · Mr. Raj Kumar Bansal served as Managing Director and CEO of Edelweiss Asset Reconstruction Ltd. from June 2018 to May 2024 and as President of Edelweiss Financial Services Limited till June 2026.
- · Mr. Raj Kumar Bansal was Chairman of CDR Empowered Group from 2013 to 2015 and Co-Chair of FICCI Committee on Stressed Assets.
- · Both appointees are not related to any other directors and are not debarred from accessing capital markets.
20-07-2026
Mahindra Logistics Limited reported consolidated revenue of ₹2,002.9 Cr for Q1 FY27, a 23% YoY increase from ₹1,624.6 Cr in Q1 FY26, driven by strong performance in Contract Logistics (+25.9% YoY) and Express (+57.6% YoY). Gross margin improved 27% YoY to ₹194.5 Cr, and the company turned profitable with a PAT of ₹25.4 Cr compared to a loss of ₹10.8 Cr in the prior year. However, the Freight Forwarding segment saw a sharp revenue decline of 49.2% QoQ and 38.6% YoY, and EBITDA margin contracted slightly QoQ from 6.3% to 5.8%.
- · Express business gross margin turned positive at ₹9.2 Cr (5.9% GM%) vs negative ₹3.6 Cr in Q1 FY26, marking a turnaround.
- · Freight Forwarding segment EBITDA dropped 90.9% YoY to ₹0.3 Cr from ₹0.8 Cr.
- · Last Mile Delivery revenue declined 16.2% YoY to ₹71.2 Cr, though gross margin improved 62.4% YoY to ₹6.3 Cr.
- · Mobility segment revenue grew 38.2% YoY to ₹111 Cr, but EBITDA declined 21.8% QoQ to ₹2.5 Cr.
- · Adjusted EBITDA (excluding Ind AS 116 rent) was ₹56.9 Cr (2.8% margin) vs ₹32.3 Cr (2.0% margin) in Q1 FY26.
- · Basic EPS improved to ₹2.6 from a loss of ₹1.4 in Q1 FY26.
- · The company has ~1,200+ EVs in owned fleet and has completed ~65 million green km with EVs since inception.
- · Warehousing space stands at ~19 Mn sq ft, with 4.4 Mn sq ft solar powered.
20-07-2026
Indian Overseas Bank filed a NIL statement of deviation or variation in the utilisation of proceeds from equity shares and non-convertible debt securities for the quarter ended June 30, 2026, as per SEBI LODR regulations. No deviations or variations were reported.
- · Filing reference number: IRC/102/2026-27
- · Regulation 32(1), 52(7) & 52(7A) of SEBI (LODR) Regulations, 2015
- · Quarter ended 30th June 2026
20-07-2026
Airfloa Rail Technology Limited received four orders from the Regional Director, Southern Region, Chennai, dated July 13, 2026, regarding appeals against adjudication orders for delayed transfer of unspent CSR obligations for FY 2019-20 to FY 2022-23. The Regional Director enhanced the total penalty payable by the company from approximately ₹70.40 Lakh to approximately ₹1.41 Crore, while confirming penalties on the Managing Director and Director. The company plans to challenge the orders before the Madras High Court.
- · The company received the orders on July 17, 2026.
- · The violations pertain to Section 135(5) and 135(6) of the Companies Act, 2013 (failure to transfer unspent CSR obligations to Schedule-VII funds).
- · The company had previously made good the non-compliance and sought adjudication suo-moto, but the Regional Director levied the maximum penalty.
- · The company intends to file a Writ Application before the Madras High Court to challenge the orders.
- · The company states the orders have no material impact on operations or business activities other than the financial impact of the penalty.
20-07-2026
20-07-2026
VST Industries Limited has informed the stock exchanges that a Board Meeting will be held on July 28, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. This is a routine procedural disclosure under SEBI Listing Regulations and contains no financial data or performance metrics.
20-07-2026
Timex Group India Ltd has issued the Notice of its 38th Annual General Meeting (AGM) and the Annual Report for FY 2025-26. The AGM will be held on August 20, 2026, via video conferencing, with ordinary business including adoption of financial statements, re-appointment of a director, and confirmation/declaration of dividends on preference shares. The filing is a routine corporate governance disclosure with no financial results or performance data provided.
- · AGM scheduled for August 20, 2026 at 4:00 PM IST via VC/OAVM only.
- · Director David Thomas Payne (DIN:07504820) retires by rotation and offers himself for re-appointment.
- · Register of Members and Share Transfer Books will remain closed from August 18, 2026 to August 19, 2026.
- · Physical copy of Annual Report will be sent only to members who specifically request it.
- · Proxy facility is not available for this AGM.
- · Unclaimed dividends for seven consecutive years will be transferred to IEPF; corresponding shares may also be transferred.
20-07-2026
Dynamic Cables Limited reported strong Q1 FY27 results with operating revenue of ₹349 Cr (+33% YoY), operating profit of ₹38 Cr (+41% YoY), and PAT of ₹25 Cr (+37% YoY). Operating margins improved to 10.9% from 10.3% YoY, and the company entered the US market during the quarter. However, net debt increased sharply to ₹88.8 Cr from ₹58.2 Cr in Q4 FY26, and cash equivalents declined to ₹47 Cr from ₹58.8 Cr sequentially.
- · Finance cost increased to ₹2.9 Cr in Q1 FY27 from ₹2.7 Cr in Q1 FY26.
- · Depreciation rose to ₹2.9 Cr from ₹2.7 Cr YoY.
- · Other income dropped sharply to ₹1.2 Cr from ₹2.7 Cr YoY.
- · Working capital loans surged to ₹64.4 Cr as of June 30, 2026 from ₹35.6 Cr as of March 31, 2026.
- · Total borrowing (including off-balance sheet LC creditors) stood at ₹135.8 Cr as of June 30, 2026, up from ₹117.0 Cr as of March 31, 2026.
- · Order book of ~₹811 Cr as on June 30, 2026.
20-07-2026
Unjha Formulations Ltd. has published notices of its Annual General Meeting (AGM) in the Free Press English and Lok Mitra Gujarati newspapers on July 18, 2026, in compliance with SEBI Listing Regulations. The notice includes details on book closure and e-voting instructions. No financial results or performance metrics were disclosed in this filing.
- · Notice published in Free Press English and Lok Mitra Gujarati editions on July 18, 2026
- · AGM notice includes book closure and e-voting instructions
- · Filing made under Regulation 47 of SEBI (LODR) Regulations, 2015
- · Company's CIN: L99999GJ1994PLC022932, GSTIN: 24AAACU1998G1Z7
- · Registered office: Khali Char Rasta, State Highway, Sidhpur-384151 (N. Guj.) India
20-07-2026
Mahindra Logistics Limited has submitted the Monitoring Agency Report for Q1 FY27 (ended June 30, 2026) from CARE Ratings Limited regarding the utilization of ₹749.27 crore raised via a Rights Issue. The report confirms no deviation from the objects, with ₹676.87 crore (90.3%) already utilized and ₹72.40 crore remaining unutilized, held in a fixed deposit. While the repayment of borrowings and issue expenses were completed ahead of schedule, the general corporate purpose (GCP) utilization is ongoing, with ₹13.60 crore deployed in Q1 FY27 towards capital expenditure and inter-corporate deposits to a subsidiary.
- · The Rights Issue period was July 31, 2025 to August 14, 2025.
- · Repayment of borrowings (₹556.30 Cr) and issue expenses (₹6.20 Cr) were completed ahead of schedule (by August 25, 2025 and December 29, 2025 respectively), with actual spending on issue expenses lower by ₹1.63 Cr, which was redirected to repayment of WCDL.
- · General corporate purpose utilization is ongoing with a completion date of March 31, 2027; ₹72.40 Cr remains unutilized and is held in a fixed deposit with Kotak Mahindra Bank earning 6.25% quarterly payout.
- · No deviations, material changes, or adverse events affecting the objects were reported.
- · The monitoring agency confirmed no conflict of interest.
20-07-2026
Regency Fincorp Limited reported a strong Q1 FY26 (quarter ended June 30, 2026) with standalone profit after tax surging 122.6% YoY to ₹702.76 Lakhs, driven by a 107.8% YoY increase in interest income to ₹1,532.37 Lakhs. However, the company also saw a significant rise in finance costs, which more than doubled YoY to ₹506.54 Lakhs. The board also approved the issuance of 25,000 secured, rated, listed, non-convertible debentures (NCDs) worth ₹25 Crores on a private placement basis.
- · Standalone revenue from operations grew 107.8% YoY to ₹1,613.63 Lakhs.
- · Standalone other income declined 18.4% YoY to ₹129.06 Lakhs.
- · Standalone employee benefits expenses decreased 3.5% YoY to ₹124.25 Lakhs.
- · Standalone provisions and write-offs remained nearly flat at ₹51.59 Lakhs (vs ₹51.88 Lakhs in Q1 FY25).
- · Paid-up equity share capital increased 10.8% from March 31, 2026 to ₹8,884.61 Lakhs.
- · The company has a wholly owned subsidiary, Regency Fin Technology Limited.
- · Catalyst Trusteeship Limited appointed as debenture trustee, Credora Partners Private Limited as merchant banker for the NCD issue.
20-07-2026
Z.F. Steering Gear (India) Limited has informed BSE that a Board Meeting is scheduled for July 24, 2026, to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The trading window is closed and will reopen 48 hours after the results are declared. No financial figures or performance data are provided in this filing.
- · Board meeting date: July 24, 2026
- · Agenda: Unaudited Standalone and Consolidated Financial Results for Q1 FY27 (quarter ended June 30, 2026)
- · Trading window closed until 48 hours after results declaration
20-07-2026
Timex Group India Ltd has issued the Notice of its 38th Annual General Meeting (AGM) and the Annual Report for FY 2025-26. The AGM will be held on August 20, 2026, via video conferencing, with ordinary business including adoption of financial statements, re-appointment of director David Thomas Payne, and confirmation/declaration of dividends on various classes of preference shares. The filing is a routine corporate governance disclosure with no financial results or performance data provided.
- · The AGM will be held on Thursday, August 20, 2026 at 4:00 PM IST through Video Conferencing / Other Audio-Visual Means only.
- · The Register of Members and Share Transfer Books will remain closed from August 18, 2026 to August 19, 2026 (both days inclusive).
- · Dividend payments, if approved, will be made within 30 days from declaration, subject to TDS as per Income Tax Act, 1961.
- · Unpaid/unclaimed dividend for seven consecutive years will be transferred to the Investor Education and Protection Fund (IEPF), and corresponding shares will be transferred to IEPF Demat account.
- · The company has dispensed with physical dispatch of Annual Report but will send physical copies to members who specifically request.
- · Proxy facility is not available for this AGM due to the virtual meeting format.
20-07-2026
Tinna Rubber and Infrastructure Limited reported strong standalone and consolidated financial results for Q1 FY27 (quarter ended June 30, 2026). Standalone revenue from operations grew 18.5% YoY to ₹15,085.10 Lakh, and standalone net profit surged 83.1% YoY to ₹2,011.22 Lakh. Consolidated revenue rose 19.9% YoY to ₹15,618.12 Lakh, and consolidated net profit increased 75.2% YoY to ₹2,056.64 Lakh. However, on a sequential (QoQ) basis, standalone revenue declined 2.4% from ₹15,455.50 Lakh in Q4 FY26, and consolidated revenue was nearly flat (down 0.5% QoQ). The company also announced its 39th Annual General Meeting to be held on September 15, 2026, and disclosed the incorporation of a wholly owned subsidiary in Chile.
- · Standalone other income increased 74.2% YoY to ₹62.62 Lakh (from ₹35.95 Lakh).
- · Standalone finance costs decreased 4.6% YoY to ₹287.38 Lakh (from ₹301.28 Lakh).
- · Standalone depreciation and amortization rose 60.5% YoY to ₹387.84 Lakh (from ₹241.62 Lakh).
- · Consolidated other comprehensive income was ₹16.90 Lakh (positive) vs. ₹6.35 Lakh in Q1 FY26, driven by foreign currency translation reserve.
- · The company's standalone basic EPS for Q1 FY27 was ₹11.16, up from ₹6.40 in Q1 FY26.
- · Consolidated basic EPS for Q1 FY27 was ₹11.42, up from ₹6.84 in Q1 FY26.
- · The 39th Annual General Meeting is scheduled for September 15, 2026, via video conferencing.
- · The Board meeting started at 12:00 PM and concluded at 1:55 PM on July 20, 2026.
20-07-2026
SG Mart Limited's Board approved the unaudited financial results for Q1 FY27 (quarter ended June 30, 2026) and the acquisition of 100% of Tanwar Cargo Solutions Private Limited (TCSPL) for ₹85,00,00,000 (₹85 Crore) in cash, expected to close by December 31, 2026. TCSPL, which owns ~9.956 acres of freehold land in Haryana and has had nil turnover for the last three financial years, will become a wholly-owned subsidiary. The Board also appointed four directors, including Shri Sanjay Gupta as Chairman & Managing Director and Shri Rohan Gupta as Whole-time Director, both for five-year terms.
- · Board meeting commenced at 12:30 PM and concluded at 2:00 PM on July 20, 2026.
- · Shri Sanjay Gupta is father of Shri Rohan Gupta; both are related.
- · Shri Chakram Kumar Singh and Ms. Shruti Shrivastava are not related to any Director or Key Managerial Personnel.
- · TCSPL has had nil turnover for FY 2023-24, FY 2024-25, and FY 2025-26.
- · The acquisition is not a related party transaction; the promoter/promoter group/group companies have no interest in TCSPL.
- · The land is intended for manufacturing facilities, warehousing, logistics infrastructure, and other commercial purposes.
- · Shri Sanjay Gupta is the Promoter of SG Mart Limited and Chairman & Managing Director of APL Apollo Tubes Limited.
- · Ms. Shruti Shrivastava founded Sagus Legal in 2020, growing it from 3 to 40+ lawyers in six years.
20-07-2026
GRP Limited has announced an earnings call for Q1 FY27 to be held on July 27, 2026, at 3:00 PM IST. The call will feature Managing Director Mr. Harsh Gandhi and CFO Ms. Shilpa Mehta. No financial results or performance data are disclosed in this filing.
- · Earnings call is scheduled for Monday, 27th July 2026 at 3:00 PM IST.
- · Pre-registration is required via a provided link.
- · Toll-free dial-in numbers are available for USA, UK, Singapore, and Hong Kong.
- · The call is being organized by Strategic Growth Advisors Pvt. Ltd.
20-07-2026
Tinna Rubber and Infrastructure Limited reported consolidated revenue from operations of ₹15,618.12 lakh for Q1 FY27 (quarter ended June 30, 2026), a 19.9% increase YoY from ₹13,027.33 lakh in Q1 FY26. Consolidated profit after tax (PAT) rose 75.2% YoY to ₹2,056.64 lakh, driven by strong operational performance. However, standalone revenue declined 2.4% QoQ to ₹15,085.10 lakh from ₹15,455.50 lakh in the preceding quarter, while standalone PAT grew 18.7% QoQ to ₹2,011.22 lakh.
- · The company incorporated a wholly owned subsidiary, Tinna Rubber Chile SpA, with authorized capital of Chilean Pesos 500,000,000 to expand global footprint and strengthen supply chain of end-of-life tyres (ELTs). Capital infusion is under process.
- · Consolidated total comprehensive income for Q1 FY27 was ₹2,073.54 lakh, up 75.7% from ₹1,180.44 lakh in Q1 FY26.
- · Standalone total comprehensive income for Q1 FY27 was ₹2,011.22 lakh, up 83.1% from ₹1,098.26 lakh in Q1 FY26.
- · Standalone diluted EPS for Q1 FY27 was ₹11.16, up from ₹6.39 in Q1 FY26.
- · The Group's share of net loss from joint venture Mbodla Investment (PTY) Limited was ₹47.22 lakh for the quarter.
- · The standalone financial results include the balancing figure for the quarter ended March 31, 2026 between audited full-year and unaudited year-to-date figures.
20-07-2026
Alkali Metals Limited reported a net loss of ₹64.42 Lakhs for Q1 FY27 (quarter ended June 30, 2026), a significant decline from a net profit of ₹401.53 Lakhs in the preceding quarter (Q4 FY26) and a net loss of ₹115.30 Lakhs in the same quarter last year. Revenue from operations fell sharply to ₹1,756.52 Lakhs from ₹2,873.29 Lakhs in Q4 FY26 and ₹2,061.13 Lakhs in Q1 FY26, driven by a steep drop in export revenue. The Board also approved the appointment of Sri Sivarama Prasad Bhamidi as a Non-Executive Independent Director.
- · Export revenue plunged 64.7% QoQ to ₹636.73 Lakhs from ₹1,801.48 Lakhs, while domestic revenue grew 4.5% QoQ to ₹1,119.79 Lakhs.
- · Total expenses for Q1 FY27 were ₹1,898.34 Lakhs, exceeding total income of ₹1,833.92 Lakhs, leading to the operating loss.
- · Cost of materials consumed increased 26.8% YoY to ₹1,391.98 Lakhs from ₹1,097.34 Lakhs.
- · Power & fuel expenses rose 62.0% YoY to ₹224.60 Lakhs from ₹138.61 Lakhs.
- · The company reported an unmodified (clean) review report from statutory auditors J V S L & Associates.
- · Earnings per share (basic and diluted) for Q1 FY27 was -₹0.63, compared to -₹1.13 in Q1 FY26 and +₹3.94 in Q4 FY26.
20-07-2026
Abbott India Limited has submitted its Annual Report for FY 2025-26, reporting revenue of ₹6,929 Crore (up 8.1% YoY) and PAT of ₹1,552 Crore (up 9.7% YoY). The company declared a final dividend of ₹525 and a special dividend of ₹131 per equity share, totaling ₹656 per share (up 38.1% YoY). The 82nd Annual General Meeting is scheduled for August 13, 2026, via video conferencing.
- · The 82nd AGM will be held on August 13, 2026, at 10:00 AM IST via video conferencing.
- · Cut-off date for e-voting eligibility is August 6, 2026.
- · Record date for dividend payment is July 24, 2026; dividend payable on or after August 18, 2026.
- · Abbott India holds #1 rank in Hepatoprotective Therapy and Hormones Therapy, #4 in Gynaecological, CNS, Vaccines, and Gastrointestinal Therapy (IQVIA MAT March 2026).
- · 7 brands in top 100 and 10 in top 300 of Indian Pharmaceutical Market.
- · 10-year CAGRs: Revenue 9.0%, EBITDA 17.0%, PAT 18.8%, Book Value per Share 13.2%, Share Price 18.8%.
- · New Board appointments: Vivek Mohan (Non-Executive Director effective Jan 1, 2026), Shalini Kamath (Independent Director effective Apr 25, 2026), James Wenner (Non-Executive Director effective Apr 23, 2026), Darshan Gada (Non-Executive Director effective Aug 18, 2025).
- · Strategic focus areas include cardiometabolic disorders, liver disease (MASLD/MASH), CNS conditions, adult immunization, and expanding institutional/specialty channels.
20-07-2026
UltraTech Cement reported consolidated revenue from operations of ₹24,648.20 Cr for Q1 FY27 (June 2026), up 15.8% YoY from ₹21,275.45 Cr in Q1 FY26. Consolidated net profit attributable to owners rose 16.8% YoY to ₹2,599.28 Cr. However, on a sequential basis (vs Q4 FY26), revenue declined 4.5% and net profit fell 12.9%, reflecting a seasonal slowdown. The company continues to face ongoing CCI penalty litigation with ₹180.43 Cr deposited under stay.
- · Consolidated operating margin (EBITDA margin) was 21% in Q1 FY27, flat vs 21% in Q1 FY26.
- · Consolidated net profit margin was 11% in Q1 FY27, flat vs 11% in Q1 FY26.
- · Standalone net profit margin declined to 10% in Q1 FY27 from 12% in Q1 FY26.
- · Consolidated debt-equity ratio improved to 0.27x in Q1 FY27 from 0.30x in Q1 FY26.
- · The company completed acquisition of Birla White WallCare on 29 May 2025, making it a wholly owned subsidiary.
- · The Dalla Super unit dispute with Jaiprakash Associates was fully resolved on 2 April 2026, with all Series A RPS discharged.
- · CCI penalties of ₹1,804.31 Cr (consolidated) and ₹1,616.83 Cr (standalone) remain under Supreme Court stay; only 10% deposited.
20-07-2026
Suraj Products Ltd. has taken one of its DRI Plant kilns offline for maintenance, which is expected to last approximately 30 days. The company will inform the exchanges upon resumption of operations. This temporary shutdown may impact production volumes during the maintenance period.
- · The maintenance involves one kiln of the DRI Plant.
- · The company has not disclosed the financial impact or production loss expected from the shutdown.
- · No prior period comparison or production data is provided in the filing.
20-07-2026
Dhabriya Polywood Limited has received a work order/LOI from an undisclosed Indian company for the supply and installation of aluminum doors and windows, valued at ₹18.59 Crore (including GST). The project is scheduled to be completed within 11.4 months in various tranches. The order is domestic, not a related party transaction, and does not involve promoter/group interest.
- · The order is for supply and installation, not just supply.
- · The order will be executed in various tranches over 11.4 months.
- · The counterparty is a domestic Indian company, but its name is withheld for competitive sensitivity.
- · No promoter/group interest or related party involvement in the order.
20-07-2026
SG Mart Limited reported consolidated revenue from operations of ₹1,308.57 Cr for Q1 FY27 (quarter ended June 30, 2026), up 14.4% YoY from ₹1,143.77 Cr in Q1 FY26. Consolidated net profit after tax rose 41.1% YoY to ₹45.58 Cr from ₹32.31 Cr. However, on a sequential basis (QoQ), consolidated revenue declined 28.2% from ₹1,822.84 Cr in Q4 FY26, while PAT increased 9.9% from ₹41.47 Cr. Standalone revenue grew 11.5% YoY to ₹1,156.08 Cr, but standalone PAT was nearly flat sequentially at ₹33.66 Cr vs ₹34.02 Cr in Q4 FY26.
- · Consolidated revenue for Q1 FY27 was ₹1,308.57 Cr, down 28.2% from ₹1,822.84 Cr in Q4 FY26.
- · Consolidated PAT for Q1 FY27 was ₹45.58 Cr, up 9.9% from ₹41.47 Cr in Q4 FY26.
- · Standalone PAT for Q1 FY27 was ₹33.66 Cr, nearly flat compared to ₹34.02 Cr in Q4 FY26 (decline of 1.1%).
- · Consolidated other comprehensive income was negative ₹0.50 Cr in Q1 FY27 vs positive ₹13.95 Cr in Q4 FY26.
- · Standalone total comprehensive income for Q1 FY27 was ₹33.72 Cr, slightly down from ₹34.07 Cr in Q4 FY26.
- · Consolidated finance costs decreased to ₹6.21 Cr in Q1 FY27 from ₹12.02 Cr in Q1 FY26, a decline of 48.3% YoY.
- · Standalone finance costs fell sharply to ₹3.47 Cr in Q1 FY27 from ₹12.01 Cr in Q1 FY26, down 71.1% YoY.
- · Consolidated cost of materials consumed surged to ₹135.38 Cr in Q1 FY27 from ₹34.10 Cr in Q1 FY26, a 297% YoY increase.
- · Standalone cost of materials consumed also rose to ₹135.38 Cr from ₹34.10 Cr YoY, a 297% increase.
- · Paid-up equity share capital remained unchanged at ₹12.60 Cr (face value ₹1 each).
20-07-2026
Rail Vikas Nigam Limited (RVNL) has emerged as the Lowest Bidder (L1) for an EPC contract from East Central Railway worth INR 358,97,42,420.53 (including 18% GST) for doubling work on the Sitamarhi-Raxaul section. The contract is to be executed within 1095 days and is in the normal course of business. No promoter or related party interest is involved.
- · The contract is an EPC tender for doubling work including earth work, blanketing, minor bridges, major bridges, station & other buildings, platform work, LC work and other miscellaneous works for 25T Indian Railway Standard Loading.
- · The work is from Kundawa Chainpur (excl.) to Raxaul (excl.) (Ch.145.500 to 186.540).
- · The contract is awarded by a domestic entity (East Central Railway).
- · No promoter/group companies have any interest in the awarding entity.
- · The contract does not fall within related party transactions.
20-07-2026
UltraTech Cement Limited's Board approved the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. The limited review reports from joint auditors Deloitte Haskins & Sells LLP and KKC & Associates LLP contain an unmodified conclusion, but highlight a material ongoing legal matter: the Competition Commission of India (CCI) imposed penalties of Rs. 1,804.31 crore and Rs. 68.30 crore, against which the company has appealed to the Supreme Court, which granted a stay; the company has deposited Rs. 180.43 crore (10% of the larger penalty) and, based on legal opinions, has not recognized a provision. The filing also notes that financial results for 17 subsidiaries (total revenues Rs. 2,194.75 crore, net profit Rs. 209.30 crore) were reviewed by other auditors, and eight subsidiaries (total revenues Rs. 0.25 crore) were not reviewed at all, though management considers them immaterial.
- · The board meeting commenced at 12:30 pm and concluded at 2:15 pm on 20 July 2026.
- · The unaudited consolidated financial results for the corresponding quarter ended 30 June 2025 were jointly reviewed by KKC & Associates LLP and BSR & Co. LLP, whose report dated 21 July 2025 expressed an unmodified conclusion.
- · Figures for the three months ended 31 March 2026 are balancing figures between audited figures for the full previous financial year and published year-to-date figures up to the third quarter; the third quarter figures had only been reviewed, not audited.
- · The company has a wholly owned subsidiary, UltraTech Cement Middle East Investments Limited, which itself has multiple step-down subsidiaries and associates in the UAE, Bahrain, Oman, Tanzania, Kenya, Uganda, and Saudi Arabia.
- · Bhumi Resources PTE LTD, Singapore and its subsidiary PT Anggana Energy Resources, Indonesia were wholly owned subsidiaries only up to 02 February 2026.
- · PT Adcoal Energindo, Indonesia was a subsidiary of The India Cements Limited up to 02 December 2025 and thereafter became an associate.
- · Birla White Wallcare Private Limited (erstwhile Wonder Wallcare Private Limited) became a wholly owned subsidiary w.e.f. 29 May 2025.
20-07-2026
Indian Overseas Bank (IOB) reported a 49.32% YoY jump in net profit to ₹1,659 crore for Q1 FY27, driven by strong growth in net interest income (up 34.30% to ₹3,688 crore) and a sharp reduction in NPAs (gross NPA at 1.33%, net NPA at 0.18%). However, the bank's CASA ratio declined both YoY and QoQ, and its CRAR slipped 42 bps sequentially to 19.36%, while credit cost improved to a low 0.14%.
- · Slippage ratio at historic low of 0.06% for the quarter.
- · NPA recovery of ₹654 Cr was 3.35 times the quarterly slippages of ₹195 Cr.
- · Credit cost reduced to 0.14% from 0.29% YoY and 0.30% QoQ.
- · Domestic NIM improved to 3.48% (up 31 bps YoY, 13 bps QoQ); Global NIM at 3.37%.
- · ROA improved to 1.41% (up 27 bps YoY) and ROE to 22.69% (up 369 bps YoY).
- · Tier I capital ratio stood at 16.88%.
- · RAM segment grew 35.82% YoY, with Agri leading at 46.84% growth.
- · CASA ratio declined YoY: domestic from 44.16% to 41.45%, global from 43.78% to 41.05%.
- · CRAR declined 42 bps QoQ from 19.78% to 19.36%.
20-07-2026
Unjha Formulations Ltd. has filed its 32nd Annual Report for FY 2025-26 and notified the 32nd Annual General Meeting (AGM) scheduled for August 14, 2026, at 10:15 AM at the company's registered office. The cut-off date for determining shareholders eligible for remote e-voting and e-voting during the AGM is August 7, 2026. The filing is a routine regulatory disclosure under SEBI (LODR) Regulations, 2015, and contains no financial results or performance data.
- · The AGM will be held on Friday, August 14, 2026, at 10:15 AM at the registered office.
- · Cut-off date for voting eligibility: August 7, 2026.
- · CIN: L99999GJ1994PLC022932; GSTIN/UIN: 24AAACU1998G1Z7.
- · Registered office: Khali Char Rasto State Highway, Sidhpur-384151 (N. Guj.) India.
20-07-2026
L&T Technology Services Limited disclosed that SES ESG Research Private Limited has revised its ESG rating score from 74.1 to 75.7, an increase of 1.6 points. The rating reflects the company's performance on environmental, social, and governance parameters as assessed by the rating agency.
- · The ESG rating was revised by SES ESG Research Private Limited, a SEBI registered Category II ESG Rating Provider.
- · The rating is available at https://www.sesesg.com and on the company's website at www.ltts.com.
20-07-2026
UltraTech Cement Limited has submitted an investor presentation to the stock exchanges regarding its performance for the quarter ended June 30, 2026. The filing is a routine disclosure of the presentation, which typically contains financial and operational highlights. No specific financial figures or performance metrics are included in this market notice itself.
- · The investor presentation covers the quarter ended June 30, 2026.
- · The filing was made on July 20, 2026.
- · The presentation was submitted to BSE (Scrip Code: 532538), NSE (Scrip Code: ULTRACEMCO), Luxembourg Stock Exchange, and Singapore Exchange.
20-07-2026
Jtekt India Limited has informed the stock exchanges that its Board of Directors will meet on August 13, 2026, to consider and approve the un-audited financial results for the quarter ended June 30, 2026. The trading window for dealing in the company's securities will remain closed until August 15, 2026. This is a routine procedural disclosure with no financial figures or performance data.
- · Board meeting scheduled for August 13, 2026.
- · Trading window closure effective until August 15, 2026.
- · Previous trading window closure intimation dated June 25, 2026.
20-07-2026
Indo Thai Securities Limited reported a record-breaking FY2026 with consolidated PAT surging 738% YoY to ₹66.17 Cr and total revenue rising 283% YoY to ₹104.26 Cr, driven by a 848% YoY jump in fair value gains to ₹79.05 Cr. However, fees and commission income grew only 5.73% YoY to ₹10.70 Cr, and other income declined 23% YoY to ₹1.00 Cr, highlighting a heavy reliance on treasury operations. The company also announced a proposed demerger and a record 20% dividend payout for FY2026.
- · Networth grew 58% YoY to ₹286.79 Cr (FY25: ₹180.99 Cr).
- · Earnings Per Share (EPS) for FY2026: ₹5.39 (FY25: ₹0.77).
- · PBT Margin improved to 79.82% in FY2026 from 38.12% in FY2025.
- · Q4 FY2026 PAT was ₹26.17 Cr vs a loss of ₹-2.58 Cr in Q4 FY2025.
- · Dividend payout for FY2026 is a record 20% (interim + final proposed).
- · Company has 4 subsidiaries and operates across 5 exchanges (NSE, BSE, MCX, MSEI, NCDEX).
- · 30% of senior employees have tenures between 20-25 years.
- · Proposed demerger aims to unlock value; AIF Category 2 and GIFT City IFSC are upcoming revenue lines.
- · Fees and commission expense grew 38.38% YoY in Q4 FY2026, outpacing fee income growth of 2.14%.
20-07-2026
Artemis Medicare Services Limited announced that the special resolution to raise funds by issuing equity shares and/or other eligible securities was passed with 98.68% votes in favor via postal ballot (remote e-voting). The resolution was approved by all promoter/promoter group votes (100% in favor) and by 92.79% of public institutional votes, while public non-institutional votes showed 99.84% support. A small 1.32% of total valid votes were cast against the resolution.
- · The postal ballot notice was dated June 4, 2026, and the remote e-voting period ran from June 19, 2026 to July 18, 2026.
- · The cut-off date for determining eligible shareholders was June 12, 2026.
- · Promoter and promoter group held 9,24,39,640 shares and voted unanimously in favor.
- · Public institutions held 3,31,11,155 shares; 65.52% of those shares were polled.
- · Public non-institutions held 3,27,55,452 shares (including 23,49,320 shares in an unclaimed suspense account with frozen voting rights); only 16.05% of those shares were polled.
- · The scrutinizer's report was issued by Ankit Tiwari & Co., a peer-reviewed unit of practicing company secretaries.
- · The resolution was passed as a special resolution (more than three times the votes cast against).
20-07-2026
SG Mart Limited's Board approved the unaudited financial results for Q1 FY27 (quarter ended June 30, 2026) and the acquisition of 100% of Tanwar Cargo Solutions Private Limited (TCSPL) for an aggregate cash consideration of ₹85,00,00,000 (Rupees Eighty-Five Crore). The Board also appointed four new directors, including Shri Sanjay Gupta as Chairman & Managing Director and Shri Rohan Gupta as Whole-time Director. The acquisition of TCSPL, which owns approximately 9.956 acres of freehold land in Haryana, is expected to be completed by December 31, 2026, and will make TCSPL a wholly-owned subsidiary.
- · The Board meeting commenced at 12:30 PM and concluded at 2:00 PM on July 20, 2026.
- · Shri Sanjay Gupta is the father of Shri Rohan Gupta, and Shri Rohan Gupta is the son of Shri Sanjay Gupta.
- · Shri Sanjay Gupta is the Chairman & Managing Director of APL Apollo Tubes Limited and a Promoter of the APL Apollo Group and SG Group.
- · Shri Rohan Gupta holds a BBA degree and has around five years of experience.
- · Shri Chakram Kumar Singh holds a Bachelor's Degree in Mechanical Engineering and a Master's Degree in Operations and Project Management.
- · Ms. Shruti Shrivastava is a gold medalist from National Law School of India University, Bengaluru, and founded Sagus Legal in 2020.
- · The main object of Tanwar Cargo Solutions Private Limited is transportation of goods, but it has no significant business operations and reported nil turnover for the last three financial years.
- · The acquisition is not a related party transaction.
- · The land owned by TCSPL is proposed to be utilized for manufacturing facilities, warehousing, logistics infrastructure, and other commercial purposes.
20-07-2026
Chemplast Sanmar Limited has received a prohibition order from the Inspector of Factories, Puducherry, dated July 19, 2026, barring further usage/operation of its Ethylene-Di-Chloride (EDC) manufacturing plant at its Karaikal facility following a fire incident on July 17, 2026. The company is undertaking corrective actions and preparing a compliance report to seek revocation of the order. The financial impact is still being assessed, and no quantifiable monetary figures have been disclosed.
- · The prohibition order was issued on July 19, 2026, following an inspection by the Inspector of Factories, Puducherry.
- · The company had previously intimated the stock exchanges about the fire incident on July 18, 2026.
- · Revocation of the order requires approval from the Chief Inspector of Factories, Puducherry, after compliance with all directives.
- · The company received the information on July 19, 2026, at 3:00 PM.
20-07-2026
Abhishek Finlease Limited has informed BSE that its Board of Directors will meet on July 27, 2026, to approve the un-audited financial results for the quarter ended June 30, 2026, and to transact other business. The meeting is scheduled at the company's registered office. No financial figures or performance details are provided in this intimation.
- · Board meeting date: July 27, 2026 at 3:00 PM
- · Meeting location: Registered office at 402, Wall Street-1, Opp. Orient Club, Near Gujarat College, Ellisbridge, Ahmedabad - 380006
- · Agenda includes approval of un-audited financial results for Q1 FY27 (quarter ended June 30, 2026)
20-07-2026
LGT Global Hospitality Limited (formerly LGT Business Connextions Limited) announced the expansion of its Luxe Living serviced accommodation portfolio in Chennai with the addition of 19 new accommodation units across two properties: Thillai Residency (18 units) in Korattur and one unit at Vinayaga Flats in Choolaimedu. The expansion strengthens the company's presence in the serviced accommodation segment catering to business, corporate, and leisure travellers. No financial figures or period-over-period comparisons were provided in the filing.
- · The newly added properties are located in well-connected residential and commercial neighbourhoods providing easy access to key business districts, industrial hubs, healthcare facilities, and transportation networks across Chennai.
- · LGT Global Hospitality offers services including MICE, hotel bookings, cruise bookings, ticketing, visa processing, inbound and outbound travel solutions, religious tourism packages, and customized domestic and international travel experiences.
20-07-2026
Unjha Formulations Ltd. has filed its 32nd Annual Report for the financial year 2025-26 and has convened the 32nd Annual General Meeting (AGM) for Friday, August 14, 2026, at 10:15 AM at the company's registered office. The report is being dispatched to shareholders and is available on the company's website. No financial figures or performance metrics were disclosed in this filing.
- · The AGM is scheduled for Friday, August 14, 2026, at 10:15 AM at the Registered Office in Sidhpur, Gujarat.
- · The Annual Report is being dispatched to shareholders whose email addresses are registered with the Company/Depository Participants.
- · The Annual Report is available on the company's website: www.unjhaformulations.com.
20-07-2026
UltraTech Cement's Board has approved the re-appointment of Mr. Vivek Agrawal as Whole-time Director and Chief Marketing Officer for a two-year term from January 1, 2027 to December 31, 2028, subject to shareholder approval. Mr. Agrawal has over 30 years of service with the company and has held several key leadership positions. The filing contains no financial figures or period-over-period comparisons.
- · Mr. Agrawal joined the Aditya Birla Group in 1993 as a Zonal Manager in the Cement Marketing Division.
- · He served as CEO of the acquired entity Star Cement in 2010 and became Chief Marketing Officer of the Cement Business in October 2013.
- · He was named an Aditya Birla Fellow in 2017 and received the Chairman’s Outstanding Leader Award in 2019.
- · He holds a B.E.(Hons.) from NIT Allahabad and an MBA from FMS, Delhi, and completed an Advanced Management Program from Wharton Business School.
- · The Board meeting commenced at 12:30 pm and concluded at 2:15 pm on July 20, 2026.
20-07-2026
SG Mart Limited's Board approved the acquisition of 100% of Tanwar Cargo Solutions Private Limited for ₹85,00,00,000 (₹85 Crore) to secure 9.956 acres of freehold land in Haryana for future expansion. The Board also appointed Shri Sanjay Gupta as Chairman & Managing Director and Shri Rohan Gupta as Whole-time Director, along with other director appointments. The company approved unaudited financial results for the quarter ended June 30, 2026, though no financial figures were disclosed in the filing.
- · Tanwar Cargo Solutions Private Limited has had nil turnover for the last three financial years (FY 2023-24, FY 2024-25, FY 2025-26).
- · The acquisition is expected to be completed by December 31, 2026.
- · Shri Sanjay Gupta is the father of Shri Rohan Gupta, and both are related as per the disclosure.
- · Shri Chakram Kumar Singh has nearly 30 years of experience and currently serves as Whole-time Director & COO of APL Apollo Tubes Limited.
- · Ms. Shruti Shrivastava founded Sagus Legal in 2020, growing it from 3 to over 40 members in six years.
20-07-2026
Consolidated Construction Consortium Ltd has informed the stock exchanges that a Board Meeting will be held on July 28, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The trading window will remain closed until 48 hours after the results announcement. No financial figures or performance data are disclosed in this filing.
- · Board meeting scheduled for July 28, 2026, in Chennai.
- · Trading window closed until 48 hours after the results announcement.
- · Previous communication regarding trading window closure dated June 22, 2026.
20-07-2026
Fluidomat Ltd. has cancelled an agreement to purchase a 2,000 sq. mt. semi-built-up tin shed from Gajra Bevel Gears Limited due to prolonged delays in obtaining regulatory approvals from the Department of Trade and Industries, Dewas (M.P.), rendering the project commercially unviable. The company had paid an advance of ₹21,00,000 (Rupees Twenty-One Lakhs), which has been fully refunded. The company states the cancellation will have no material impact on its financial performance or ongoing business operations, and its separate expansion project on company-owned land has already commenced.
- · The agreement was executed on January 9, 2025.
- · The land is situated at 7A, I.S. Gajra Industrial Area 1, A. B. Road, Dewas (M.P.), adjoining the company's existing plant area.
- · The company's ongoing expansion project on two acres of company-owned land has already commenced.
- · The cancellation was by mutual consent with Gajra Bevel Gears Limited.
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