Indian equities remain in focus amid a mix of corporate announcements, regulatory developments, and firm trends in global commodities. Here is a consolidated snapshot of today’s major market-relevant updates, presented in a mixed format for clarity.
Corporate & Regulatory Updates
HCL Technologies – Interim Dividend Record Date Revised
HCL Technologies has revised the record date for its interim dividend by one day, shifting it from January 16, 2026, to January 17, 2026.
This change follows a trading holiday on January 15, 2026, declared due to Municipal Corporation Elections in Maharashtra. Importantly, the dividend payment date remains unchanged at January 27, 2026, ensuring no impact on payout timelines for eligible shareholders.
Meesho Limited – ESOP 2024 Amendments via Postal Ballot
Meesho Limited has initiated a postal ballot process to seek shareholder approval for amendments to its Employee Stock Option Plan 2024 (ESOP 2024).
Key proposed changes include:
Removal of cashless exercise provisions
Introduction of maximum vesting periods
Amendments to settlement-related clauses
Extension of ESOP benefits to eligible employees of subsidiary companies
Additionally, the company has proposed M/s. BMP & Co. LLP as its Secretarial Auditor for FY26–FY30.
E-voting will remain open from January 14 to February 12, 2026.
ICICI Lombard – Positive Tax Litigation Outcome
ICICI Lombard General Insurance Company Limited announced a favourable ruling from the CESTAT, Mumbai, which has allowed the company’s appeals against significant tax demands.
Disputed amounts:
₹1,095.68 million (FY08–FY15)
₹1,186.88 million (FY11–FY12)
These demands included associated penalties.
The company is currently awaiting formal copies of the orders, but this development is viewed as materially positive from a litigation and financial risk perspective.
Global Commodities Update – Metals
Global metal prices showed modest strength, supported by supply-side factors and steady industrial demand.
HRC Steel: $945.00
Day: +0.53% | Week: +1.3% | YoY: +34.0%
Silicon: $8,685.00
Day: +0.52% | Week: -0.2% | YoY: -20.0%
Iron Ore: $108.03
Day: +0.35% | Week: +0.8% | YoY: +10.1%
Iron Ore (CNY): $822.50
Day: +0.24% | Week: +3.6% | YoY: +7.0%
Scrap Steel: $377.00
Day: +0.13% | Week: +3.4% | YoY: +4.9%
Market View:
While corporate actions are largely stock-specific, the favourable ICICI Lombard ruling and resilient global metal prices may support broader sentiment. Investors are likely to remain selective, tracking regulatory clarity, dividend actions, and commodity-linked stocks closely.
