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SEBI Sets Aug 1 Promoter Buyback Freeze

SEBI has operationalised an ISIN-level freeze on promoter and promoter-group holdings during share buybacks, with depositories instructed to implement the necessary systems by August 1, 2026. Promoters may tender shares in tender-offer buybacks, and pre-existing encumbrances can be invoked or released, while the freeze remains in effect across these scenarios.

6 sources

Photo: Shakeeb kpa / Wikimedia Commons (CC BY-SA 4.0)

Dipke plans Bhim Army ticket contest

BJP MP Nishikant Dubey predicts Cockroach Janta Party founder Abhijeet Dipke will contest elections on a Bhim Army ticket, arguing that mass movements consistently produce political leaders. Meanwhile, the movement still regards Prime Minister Modi as its leader and seeks his intervention on issues such as the NEET paper leak, as thousands protest with Dipke at the forefront.

5 sources

Photo: Premnath Kudva / Wikimedia Commons (CC BY-SA 3.0)

Maruti Suzuki plans price hikes up to ₹30,000

Maruti Suzuki India will raise prices of its entire model lineup by up to ₹30,000 from August 2026 due to sustained increases in input costs and inflation, marking a second portfolio-wide hike after June. The company says it has tried cost-reduction measures but must pass on some costs to customers, with the exact amount varying by model.

9 sources

Photo: Ganesh Mohan T / Wikimedia Commons (CC BY-SA 4.0)

TVS Motor Q1 Profit Surges 67%

TVS Motor posted a strong Q1 FY27 with net profit up around 51% to 67% year-on-year and revenue increasing about 33-38%, underpinned by robust demand in domestic and international markets and record quarterly sales across motorcycles, scooters, and EVs. The board also approved raising up to ₹10 billion through non-convertible debentures and commercial papers to fund growth, including capital expenditure and debt refinancing.

18 sources

Glenmark's RYALTRIS gains FDA approval for children 6–11

The U.S. FDA expanded the indication for RYALTRIS to include children aged 6 to less than 12 with Seasonal Allergic Rhinitis, broadening its use alongside adults and older youths. The approval, supported by a Phase 3 trial of 446 children showing improved nasal symptoms and good tolerability, coincides with Glenmark’s plan to transition to direct U.S. commercialization by April 1, 2026.

8 sources

ACME Solar Signs 300 MW SECI PPA

{"summary":"ACME Solar, through ACME Renewtech Fifth, signed a 25-year SECI PPA for a 300 MW ISTS-connected wind-solar hybrid project at tariffs around ₹3.25 per kWh, expanding its contracted portfolio to 6,870 MW of an 8,070 MW total. The company also pursuing solar-plus-storage deals, including a 1,200 MWh FDRE project at ₹6.28 per unit and a 200 MW solar project with 100 MWh BESS, contributing to an overall roughly 8.1 GW portfolio with multiple PPAs and storage integrations slated to start around 2027–2028.", "summary_sources": ["https://www.business-standard.com/markets/capital-market-news/acme-solar-signs-ppa-with-seci-for-300-mw-hybrid-re-project-126072100191_1.html","https://energetica-india.net/news/acme-solar-signs-25-year-ppa-with-seci-for-300-mw-wind-solar-hybrid-re-project","https://www.wownews24x7.com/acme-solar-unit-signs-25-year-ppa-with-seci-for-300-mw-hybrid-project","https://scanx.trade/stock-market-news/companies/acme-solar-unit-signs-300-mw-ppa-with-seci-at-rs-3-25-per-unit/46149217","https://www.ainvest.com/news/acme-solar-seci-pact-inr3-25-unit-tariff-hybrid-2607/" ] }

10 sources

India raises windfall taxes on diesel, ATF exports

India has raised windfall taxes on diesel and aviation turbine fuel exports to ₹15.5 and ₹14.5 per litre respectively, while trimming the petrol export levy to ₹2.5 per litre, effective July 16 as part of a regular fortnightly review to stabilize domestic fuel availability amid volatile global oil prices and ongoing geopolitical tensions. The move aims to curb export surges, protect domestic supply, and ensure government revenue, with the context of elevated crude prices and supply disruptions influencing policy.