Global equity markets closed higher, while Indian corporates announced a series of strategic updates spanning listings, capacity expansion, governance approvals, earnings-related disclosures, and employee stock option plans.
Global Market Snapshot
US indices ended in positive territory, supported by easing volatility. The S&P 500 advanced 0.55% to 6,913.35, while the Dow Jones Industrial Average gained 306.78 points (+0.63%) to 49,384.01. The NASDAQ Composite rose 0.91% to 23,436.02. Market uncertainty eased as the CBOE Volatility Index (VIX) declined 7.46% to 15.64.
European markets outperformed, with Germany’s DAX climbing 1.20% to 24,856.47, France’s CAC 40 rising 0.99%, and the EURO STOXX 50 gaining 1.25%.
India Corporate Developments
Amagi Media Labs Ltd made a strong debut on Indian stock exchanges, becoming the first cloud-native SaaS company in the broadcasting and streaming ecosystem to list on the BSE and NSE. The company plans to deploy ₹550.06 crore from IPO proceeds toward technology and cloud infrastructure (till FY28), inorganic growth, and general corporate purposes. Amagi reported FY25 revenue of ₹1,162.64 crore, with a 30.7% CAGR (FY23–FY25), and posted a profit of ₹6.47 crore in H1 FY26 on revenue of ₹704.82 crore.
Premier Energies Ltd, through its subsidiary Premier Energies Photovoltaic Pvt Ltd, commissioned a 400 MW Solar PV Cell (Mono PERC) facility in Telangana, lifting total operational cell capacity to 3.6 GW via brownfield expansion.
Poonawalla Fincorp Ltd granted 5,00,000 stock options under ESOP-2024 (Scheme II – Tranche 38) at an exercise price of ₹443.80, in compliance with SEBI regulations.
Cigniti Technologies Ltd approved its unaudited Q3 FY26 and 9M FY26 financial results, accompanied by an unmodified limited review report. The company recognised an exceptional item of ₹4.8 crore due to new Labour Codes impacting gratuity and compensated absences. Its merger with Coforge Ltd remains subject to NCLT approval. Cigniti also allotted 90,000 equity shares under ESOPs.
TVS Motor Company Ltd received shareholder approval via postal ballot for the appointment of Ms Kalpana Unadkat as Non-Executive Independent Director for a five-year term effective December 15, 2025.
Raymond Realty Ltd is seeking shareholder approval for RRL ESOP 2025, proposing issuance of up to 16,80,588 stock options (2.52% of equity), including coverage of group companies and trust-based implementation. Remote e-voting remains open January 23–February 21, 2026.
Karnataka Bank Ltd secured shareholder approval for the appointment of Mr Raghavendra Srinivas Bhat as Managing Director & CEO, following the conclusion of e-voting on January 22, 2026.
Go Digit General Insurance Ltd hosted the audio recording of its Q3 FY26 and 9M FY26 earnings call, now available on its website for investor access.
Usha Martin Ltd announced its Q3 and 9M FY26 earnings conference call scheduled for January 30, 2026, at 10:00 AM IST, with results to be declared a day earlier on January 29, 2026.
