Daily filing brief

10 Most Important Filings — 8 July 2026

A concise list of today's most consequential exchange filings, selected for relevance and impact.

  1. Majestic Research Services and Solutions Ltd2:42 am IST

    Auditors disclaim opinion on H1/2026 results amid CIRP, NCLT transfer, and evidence gaps

    Key audit disclaimer

    • Disclaimer of opinion on results due to inability to obtain sufficient audit evidence.
    • Basis cites inability to verify opening balances as at 1 April 2025.
    • NCLT initiated CIRP; Resolution Professional appointed; board powers suspended.
    • Resolution plan approved 20 June 2025; new management appointed.
    • Comparatives for the previous half-year not presented due to CIRP.
    • Current half-year results shown as balancing figure between audited year and unaudited H1.
    • Auditors independent; disclaimer issued per basis of opinion.
    • Management/Resolution Professional responsible for current half-year financial information.
    • There remains possibility significant information not considered; impact on financial position uncertain.
    Read the original filing
  2. INOX India Ltd3:12 pm IST

    INOX India secures ₹939 crore in orders across IG, LNG and Cryo segments including space sector mega order

    Key orders and segment breakdown

    • Total orders ₹939 crore secured since 21 May across IG, LNG, Cryo and beverages.
    • IG ₹871 crore; LNG ₹44 crore; Cryo-scientific solutions ₹16 crore; beverages ₹8 crore.
    • Mega IG order from space exploration; minor orders for vaporizers and storage tanks.
    • LNG orders for storage tanks, dispensers, semi-trailers, and LNG fueling station equipment.
    • ITER minor order received during this period.
    • Momentum in cryogenic technologies and expansion across geographies and end-use sectors.
    Read the original filing
  3. Bajaj Finserv Ltd10:15 pm IST

    Bajaj Finserv Ltd - Standalone financial statements for the year ended 31 March 2026

    Financial performance

    • Consolidated total income ₹150,530 crore in FY2026; ₹132,944 crore prior year.
    • Consolidated PAT ₹9,800.97 crore.
    • BFS consolidated PAT attributable to owners ₹19,017 crore.

    Segments & KPIs

    • BFL AUM ₹509,975 crore.
    • Bajaj General GWP ₹23,326 crore.
    • BHFL PAT ₹2,560 crore.

    Acquisitions & corporate actions

    • Allianz sold 26% stake in Bajaj General & Bajaj Life on 8 Jan 2026.
    • BFS increased stake to 77.33% in Bajaj General and Bajaj Life; Allianz exit completed.
    • Allianz tendered remaining 3% on 12 Mar 2026; Allianz fully exited both insurers.

    Dividends & capital management

    • Final dividend ₹1.50 per share; record date 30 June 2026.
    Read the original filing
  4. TCC Concept Ltd7:30 pm IST

    Pepperfry to add 35 stores by Aug and reports first profitable Q4 FY26

    Expansion plan

    • 35 new stores planned by end-August ahead of the festive season.
    • Retail footprint targeted to exceed 250 stores in the near term.
    • Expansion across metros, Tier 1 and Tier 2 cities.
    • One Funnel omnichannel model links online discovery, in-store experience, and purchases.

    Profitability & financials

    • Q4 FY26 marked Pepperfry's first profitable quarter.
    • No revenue or margin figures provided in the release.

    Strategic/Corporate

    • Pepperfry is a subsidiary of TCC Concept Limited.
    • Part of TCC’s long-term plan to build scalable omnichannel platforms.

    Operational highlights

    • Stores across 80 cities.
    • Investing in store formats, product assortment, technology and customer experience.
    • Stores evolving into destination experiences with expanded home collections.
    • Sell from Store capabilities integrated across channels.

    Outlook / management commentary

    • Expansion ahead of the festive season aligns with disciplined growth.
    • Aims to strengthen leadership in India's organized furniture and home retail market.
    Read the original filing
  5. Gretex Corporate Services Ltd11:22 pm IST

    Gretex Corporate Services Limited Integrated Annual Report FY2025-26 – Investor Highlights

    Financials

    • Standalone FY2025-26: total income ₹3,367.06 lakh; PAT ₹1,299.59 lakh; EPS ₹5.53.
    • Standalone cashflow: operating cash flow ₹1,265.11 lakh; net debt near zero.
    • Consolidated FY2025-26: total income ₹17,908.09 lakh; PAT ₹2,793.25 lakh; EPS ₹9.82.
    • Consolidated OCI driven by fair value gains; total comprehensive income ₹4,850.30 lakh.
    • Migration to Mainboard completed Sep 4, 2025; equity capital ₹2,415.93 lakh; promoter stake substantial.

    Business performance & pipeline

    • FY2025-26: 11 SME IPOs completed; total SME IPOs in portfolio since 2017 = 62.
    • Cumulative SME IPO funds raised ≈ ₹32,710.62 lakh across 62 issues.
    • Four in-principle mandates deferred due to Q4 market stress; revenue realization expected in FY2027.
    • Strategic shift to scale Mainboard IPOs; two DRHPs planned in FY2027.
    • Sector diversification across retail, aviation, mining, defense, industrials and entertainment.

    Dividends & capital allocation

    • Final dividend approved: Rs 0.70 per equity share; record date 17 July 2026.
    • Dividend to be paid electronically; no dividend warrants used post-November 2025.
    • No reserves transfer to surplus; capital structure expanded via warrants and bonus issues.

    Capital structure & liquidity

    • Equity share capital rose to ₹2,415.93 lakh; 24.159 million shares issued.
    • Promoter group holdings substantial; 2026 promoters held ~55.73% of equity.
    • Borrowings reduced to ₹18.39 lakh (from ₹450.31 lakh); net debt materially reduced.
    • Total equity ↑ to ₹21,868.09 lakh; cash balances ₹78.54 lakh at year-end.

    Governance & board

    • Board: 6 directors, 3 independent; 2 women on the Board.
    • Audit Committee, Nomination & Remuneration Committee, Stakeholders’ Relationship Committee, CSR, Management Committee active.
    • Five Board meetings held in FY2025-26; 18th AGM scheduled 31 July 2026.
    • M/s D.A. Kamat & Co proposed as Secretarial Auditors for five-year term, subject to sharehold ers’ approval.

    Audit & risk

    • Statutory auditors: Jay Gupta & Associates; Joint auditors: V. Singhi & Associates.
    • Key Audit Matter: revenue recognition from investment banking under Ind AS 115.
    • Independent auditors reported no material fraud; no adverse qualifications in audit reports.
    • Secretarial audit: prior firm replaced; process ongoing to appoint new secretarial auditor.

    Subsidiaries & associates

    • Material subsidiary: Gretex Share Broking Limited; Associate: Gretex Industries Limited.
    • Joint Venture: Bahutex Ventures LLP; significant intra-group investments and intra-company borrowings.
    • Consolidated investments include fair value adjustments; goodwill recognized on acquisition of GSBL.
    • Standalone and consolidated notes detail cross-holdings and intercompany transactions.

    CSR & ESG

    • CSR spend FY2025-26: ₹14.59 million; average net profit-based obligation ₹14.36 million.
    • Program: Project Samriddhi in government schools; focus on education, healthcare, and women empowerment.
    • CSR compliance: annual CSR report filed; no capital asset creation in FY2025-26.

    Regulatory & market environment

    • Regulatory penalties: SEBI actions and NSE/BSE fines; adjudication penalties totaling INR 1.35 million.
    • SEBI LODR amendments affect SME governance; broader discipline at issuer and lead manager level.
    • Market volatility in Q4 FY2026 depressed IPO window; SEBI extended offer validity for affected issuers.

    Strategy & outlook

    • Strategy Forward: scale with discipline; deepen advisory capabilities; strengthen institutional credibility.
    • Aim to win larger, more complex mandates; Mainboard leadership supported by disciplined pricing and execution.
    • Private equity advisory to diversify revenue across growth stages; scalable, tech-enabled capital markets platform.
    Read the original filing
  6. Zensar Technologies Ltd9:32 pm IST

    Zensar Technologies FY2025-26 Integrated Annual Report

    Financial performance

    • FY26 standalone revenue INR 56,874 mn; +7.7% YoY.
    • EBITDA INR 9,162 mn; margin 16.1%.
    • PAT INR 7,746 mn; margin 13.6%; basic EPS INR 34.12.
    • No customer accounted for 10%+ revenue in 2026.

    Segment & geography

    • DAS revenue INR 44,259 mn; +4.7% YoY.
    • CIS revenue INR 12,615 mn; +19.7% YoY.

    Capital structure & dividends

    • No external borrowings in 2026 or 2025; net cash positive.
    • Standalone cash INR 30,300 mn; consolidated cash INR 4,163 mn.
    • BridgeView Life Sciences acquisition completed; USD 21.50 mn.
    • Final dividend INR 12.60; total payout INR 15.00 per share.
    Read the original filing
  7. 7NR Retail Ltd1:44 am IST

    7NR Retail approves capital expansion, CJPL share swap, MOA alteration, and AGM date

    Capital expansion and MOA alteration

    • Authorized capital increased from Rs 28.00 cr to Rs 118.00 cr, subject to AGM approval.
    • Alter MOA to include dealing in gold, silver, bullion, jewellery, and related precious metals.

    CJPL acquisition and ownership

    • 9 crore equity shares via preferential share swap to CJPL shareholders at Rs 100 each.
    • Acquisition results in 100% ownership of CJPL; CJPL becomes wholly owned subsidiary.
    • Total consideration Rs 90 crore via share swap.
    • Acquisition expected to complete within 15 days after approvals.

    Corporate governance and reporting

    • Board approved Directors' Report for FY 2025-26.
    • AGM scheduled for 7 August 2026 via VC/OAVM.
    • Promoter status reclassification for Mr. Umang Trivedi subject to BSE approval.

    Internal audit appointment

    • M/s. Soni and Patel appointed Internal Auditor for FY 2026-27.

    Regulatory and compliance notes

    • Valuation reports and certificates from CA and PCS considered.
    Read the original filing
  8. SEPC Ltd8:31 pm IST

    SEPC to acquire up to 90% of UAE's Avenir via ₹1,530 crore preferential allotment

    Key Announcement

    • Board approves acquisition of up to 90% stake in Avenir International Engineers and Consultants LLC.
    • Acquisition via preferential allotment of 153 crore equity shares at ₹10 each.
    • Total consideration ₹1,530 crore; no cash outflow; completion by December 2026.
    • Subject to shareholders' and regulatory approvals.
    • Increase in authorised capital and borrowings planned.
    • Postal ballot to obtain shareholder approvals.

    Capital & Financing

    • Authorised share capital proposed to rise to ₹6,000 crore.
    • Current authorised cap ₹2,250 crore; increased to ₹6,000 crore.
    • Borrowing limit proposed up to ₹7,500 crore.
    • Execution conditional on postal ballot results and approvals.

    Strategic Rationale & Impact

    • Avenir acquisition strengthens oil & gas capabilities and Middle East footprint.
    • No cash outflow, share-based transaction to conserve liquidity.
    • Establishes access to UAE oil & gas ecosystem with ADNOC ties.
    • Board-approved proposals align with growth capital structure and flexibility.

    Financial Highlights FY26

    • FY26 total income ₹1,085.8 crore; EBITDA ₹108.9 crore; net profit ₹53.5 crore.
    • FY25 total income ₹646.0 crore; net profit doubled year-on-year.

    Regulatory & Approvals

    • Proposals await shareholders' and regulatory approvals; Postal Ballot to be conducted.

    Management Commentary

    • MD states acquisition enables larger, more diversified engineering enterprise and growth plan.
    Read the original filing
  9. National Aluminium Company Ltd10:55 pm IST

    NALCO and NLCIL form 50:50 JVC to develop 1,080 MW Angul captive plant with PPA and coal supply

    JV overview

    • Formation of JVC with NLCIL to develop 1,080 MW thermal captive plant at Angul, Odisha.
    • Long-term RE-RTC and coal supply arrangements explored alongside project.

    Parties involved

    • NALCO and NLCIL will be equal equity partners, 50:50.
    • JVC to be newly incorporated with 50:50 shareholding on formation.

    Shareholding structure

    • Equity participation 50:50 (NALCO:NLCIL).
    • Post-incorporation equity 50% each in the JVC.

    Key terms

    • Equity 50:50; equal board nominations.
    • JVC to execute 25-year PPA with NALCO for 100% offtake.
    • FSA with NLCIL for coal at notified price.

    Financial commitment

    • No cash consideration disclosed; equity-based formation.
    • Shares issued after incorporation in 50:50 ratio.

    Strategic rationale

    • Meet captive power needs of NALCO's expansion.
    • Explore long-term RE and coal supply arrangements.

    Related party status

    • NALCO and NLCIL are government companies.
    • Transaction is related party; not at arm's length; exempt for government bodies.

    Regulatory/approval status

    • SEBI CIR 2015 disclosures; no further approvals specified.
    • Indicative completion timelines not provided.

    Other material information

    • Board to have equal nominations from both parties.
    • Details on termination/amendment not disclosed.
    Read the original filing
  10. Deccan Cements Ltd-$11:43 pm IST

    CRISIL Downgrades Deccan Cements' Bank Loans to BB/Stable, A4+ (Issuer Not Cooperating)

    Rating action

    • Long-term rating: BB/Stable, issuer not cooperating, downgraded on 06-07-2026.
    • Short-term rating: A4+, issuer not cooperating, downgraded on 06-07-2026.
    • Instruments: Bank loan facilities; no outstanding term loans as of 06-07-2026.
    • Rating Agency: CRISIL Ratings Limited.
    • Outlook: Long-term outlook Stable; no explicit short-term outlook provided.
    • Material change since last rating: Downgrade on 06-07-2026; prior upgrade in 31-07-2025.
    • Financial note: Company repaid all term loans; CRISIL informed on 6 July 2026.
    • Verification status: Not-Verified.
    Read the original filing