Info Edge (India) Limited announced that SES ESG Research Private Limited has independently assigned an ESG rating of 74.4 (Adjusted) for FY 2024-25. This is an increase from the ESG rating of 71.2 (Adjusted) for FY 2023-24. SES ESG independently prepared and voluntarily issued the report based on Info Edge’s disclosures for fiscal years 2024 and 2025.

ESG Rating Upgrade

Info Edge has received an increased ESG rating from SES ESG Research Private Limited. The rating for FY 2024-25 is 74.4 (Adjusted), up from 71.2 (Adjusted) in FY 2023-24. This rating reflects the company’s performance in Environmental, Social, and Governance factors.

Independent Assessment

The ESG rating was independently assigned by SES ESG Research, a SEBI-registered Category-II entity. The assessment was based solely on publicly available data and the company’s disclosures for fiscal 2024 and 2025. Info Edge has not engaged SES for ESG Rating; instead, SES prepared the report independently.

Communication Details

The communication from SES was received by Info Edge on November 10, 2025, at 9:05 P.M. IST. The information is also available on the company website.

Source: BSE

Zydus Lifesciences has received approval from China’s National Medical Products Administration (NMPA) for Venlafaxine Extended-Release (ER) Capsules in 75 mg and 150 mg dosages. These capsules are used to treat Major Depressive Disorder (MDD), Generalised Anxiety Disorder (GAD), Social Anxiety Disorder (SAD), and Panic Disorder (PD). This marks the first approval Zydus has received from the NMPA in China, with production to take place at its Moraiya, Ahmedabad facility.

China Approval Received

Zydus Lifesciences has secured approval from China’s National Medical Products Administration (NMPA) for its Venlafaxine Extended-Release (ER) Capsules, available in 75 mg and 150 mg strengths. This approval, announced on November 11, 2025, represents a significant milestone for Zydus in expanding its global reach.

Therapeutic Uses

Venlafaxine ER Capsules are prescribed for the treatment of various mental health conditions, including:

• Major Depressive Disorder (MDD)
• Generalised Anxiety Disorder (GAD)
• Social Anxiety Disorder (SAD)
• Panic Disorder (PD)

These capsules function by helping to restore the balance of serotonin and norepinephrine in the brain, which can improve mood and reduce anxiety.

Manufacturing Location

The Venlafaxine ER Capsules will be manufactured at Zydus’ production facility located in Moraiya, Ahmedabad. This reflects the company’s commitment to producing high-quality medications for global markets. This is the first approval that the Group has received from NMPA in China.

Source: BSE

ACME Solar has been awarded a 450 MW – 1800 MWh assured peak power SJVN FDRE-IV project at a tariff of INR 6.75/unit for 25 years. The project integrates 300 MW of Solar and Battery Energy Storage System (BESS) technology of approximately 1800 MWh, focusing specifically on peak power supply to support grid stability.

Project Award Overview

ACME Solar has secured a 450 MW – 1800 MWh assured peak power SJVN FDRE-IV project. The project was awarded on November 10, 2025, with a tariff set at INR 6.75 per unit for a duration of 25 years. The e-reverse auction for the tender occurred on October 9, 2025, and the Letter of Award (LoA) was received on November 10, 2025.

Project Details and Integration

The project mandates the supply of power at 4 MWh per MW of capacity during any four-hour period within the peak demand window, ensuring 90% availability monthly. The integration will include 300 MW of Solar power along with a Battery Energy Storage System (BESS) using approximately 1800 MWh of technology to meet supply demands.

Strategic Focus

This initiative focuses on peak power supply, aiming to bolster grid stability and effectively manage critical peak demand. It leverages night-time connectivity available with ACME Solar in high irradiation zones within Rajasthan. Notably, this marks ACME Solar’s inaugural project utilizing Indian-made solar cells under the ALMM List-II.

Executive Commentary

According to Mr. Rahula Kashyapa, Chief Commercial Officer at ACME Solar, securing the SJVN FDRE-IV project with peak power efficiently uses available transmission capacity from night time connectivity. This approach enables the company to realize early revenue, creating a beneficial outcome for both the customer and ACME Solar.

Source: BSE

Reliance Power’s subsidiary, Reliance NU Energies, has received a Letter of Award for a significant renewable energy project. The company secured 750 MW / 3000 MWh, representing 50% of the total tender allocation in a competitive bidding process. The project will feature an installed capacity of 900 MWp of solar power integrated with over 3,000 MWh of Battery Energy Storage System (BESS).

Reliance NU Energies Project Win

Reliance NU Energies Private Limited, a wholly-owned subsidiary of Reliance Power Limited, has been awarded a Letter of Award (LOA) on November 10, 2025. The company emerged as the largest winner in the 1500 MW / 6000 MWh Firm and Dispatchable Renewable Energy (FDRE) ISTS tender issued by SJVN Limited.

Project Details

Reliance NU Energies secured a capacity of 750 MW / 3,000 MWh, representing the largest single share of allocation under the tender. This achievement reinforces Reliance Group’s position as a key player in the renewable energy sector.

India’s Largest Solar + BESS Player

The Reliance Group has consolidated its position as India’s largest player in the Solar + BESS segment, with a cumulative portfolio exceeding 4 GWp of solar and 6.5 GWh of BESS across 4 tenders, under development and implementation. This milestone, accomplished in just 10 months, highlights the Group’s rapid execution capabilities.

Project Capacity and Tariff

The project will feature an installed capacity of 900 MWp of solar power integrated with over 3,000 MWh of BESS. Reliance NU Energies successfully secured a tariff of ₹6.74 per KWh through a competitive bidding online auction process.

Source: BSE

JSW Energy has commissioned India’s largest green hydrogen plant at its JSW Steel facility in Vijayanagar, Karnataka. The plant will supply 3,800 tons per annum (TPA) of green hydrogen and 30,000 TPA of green oxygen to JSW Steel for low-carbon steel production. This project aligns with India’s clean energy transition goals and reinforces JSW Energy’s commitment to sustainability.

Green Hydrogen Plant Commissioned

JSW Energy has announced the successful commissioning of its first, and India’s largest, green hydrogen manufacturing plant. The plant is located at the JSW Steel facility in Vijayanagar, Karnataka, and marks a significant step in the company’s clean energy initiatives. The project operates under the Production Linked Incentive Scheme – Tranche I.

Production Capacity and Agreement

The commissioned plant has a production capacity of 3,800 tons per annum (TPA) of green hydrogen. Additionally, it will produce 30,000 TPA of green oxygen, which will be supplied to JSW Steel for the production of low-carbon steel. This agreement is part of a seven-year offtake agreement with JSW Steel Ltd.

Expansion Plans

JSW Energy has also signed a Memorandum of Understanding with JSW Steel Ltd to progressively increase the supply of green hydrogen to 85,000–90,000 TPA and green oxygen to 720,000 TPA by 2030. This initiative supports India’s goal of achieving approximately 5 MTPA of green hydrogen production by 2030.

Leadership Perspective

According to Mr. Sharad Mahendra, Joint Managing Director and CEO of JSW Energy, this project is a key milestone in India’s clean energy journey. It reflects JSW Energy’s commitment to supporting India’s transition towards a low-carbon economy and decarbonization of sectors like steel.

Overall Capacity

JSW Energy currently has a total locked-in generation capacity of 30.5 GW, consisting of 13.3 GW operational capacity, 12.5 GW under construction (thermal and renewable), and 150 MW under acquisition (hydro). The company aims to achieve 30 GW generation capacity and 40 GWh of energy storage capacity by FY2030, and to achieve Carbon Neutrality by 2050.

Source: BSE

Cholamandalam Investment and Finance Company Limited has filed an application with the National Stock Exchange of India and the BSE for the reclassification of certain members belonging to the ‘Promoter Group’ to the ‘Public’ category. The application, dated November 10, 2025, pertains to Yanmar Coromandel Agrisolutions Private Limited and Coromandel Engineering Company Limited. The company had received the approval from its Board of Directors for the request.

Reclassification Filing

Cholamandalam Investment and Finance Company Limited announced on November 10, 2025, that it has submitted an application to the National Stock Exchange of India and the BSE for the reclassification of specific entities.

Details of Reclassification

The application pertains to the reclassification of Yanmar Coromandel Agrisolutions Private Limited (YCAS) and Coromandel Engineering Company Limited (CECL), both currently categorized as ‘Outgoing Members of the Promoter Group’. The company is seeking to reclassify them to the ‘Public’ category.

Background of the Decision

The decision to file this application follows the approval granted by the Board of Directors for the request received from M/s. Yanmar Coromandel Agrisolutions Private Limited and M/s. Coromandel Engineering Company Limited on November 6, 2025.

Source: BSE

Adani Airport Holdings Limited (AAHL), a wholly owned subsidiary of Adani Enterprises, has executed a Share Purchase Agreement (SPA) and Joint Venture Agreement (JVA) to disinvest 25% of its stake in World Plate Collective Cuisines Limited (WPCCL). After the transaction, AAHL will hold 75% of WPCCL, while AJ Holding Limited will hold the remaining 25%. The transaction was announced on November 10, 2025.

Strategic Divestment in WPCCL

Adani Airport Holdings Limited (AAHL) has entered into definitive agreements for the partial divestment of its stake in World Plate Collective Cuisines Limited (WPCCL). The announcement was made on November 10, 2025, outlining the terms of the transaction.

Key Terms of the Agreement

AAHL will disinvest 25% of its stake in WPCCL through a Share Purchase Agreement (SPA) and Joint Venture Agreement (JVA) with AJ Holding Limited. Post-transaction, the shareholding structure of WPCCL will be as follows:

• AAHL: 75%
• AJ Holding Limited: 25%

Background of the Transaction

Prior to this divestment, AAHL held 100% of the shares in WPCCL. The transaction will result in AJ Holding Limited becoming a significant shareholder in WPCCL.

Board Composition

Following the completion of the transaction, the Board of WPCCL will consist of four directors, with AAHL nominating three and AJ Holding Limited nominating one.

Source: BSE

Bajaj Housing Finance announced its H1 FY26 results, reporting a 19% increase in Profit After Tax (PAT) to ₹1,226 crore. Assets Under Management (AUM) grew by 24% to ₹1,26,749 crore. The company continues to focus on sustainable growth and a diversified borrowing mix. The Gross NPA and Net NPA stood at 0.26% and 0.12% respectively as of September 30, 2025.

Financial Performance Highlights

Bajaj Housing Finance reported a strong financial performance for H1 FY26:

• Assets Under Management (AUM) grew by 24%, reaching ₹1,26,749 crore as of September 30, 2025.
• Net interest income increased by 34% to ₹1,843 crore compared to H1 FY25.
• Net total income grew by 24% to ₹2,110 crore.
• Profit before tax (PBT) increased by 19% to ₹1,590 crore.
• Profit after tax (PAT) also increased by 19% to ₹1,226 crore.

Asset Quality and Capital Adequacy

The company maintained healthy asset quality and capital adequacy:

• Gross NPA stood at 0.26% as of September 30, 2025.
• Net NPA stood at 0.12% as of September 30, 2025.
• Capital adequacy ratio remained comfortable at 26.12%.

Key Strategic Initiatives

Bajaj Housing Finance continues to focus on enhancing customer experience and expanding its reach:

• The company has seen almost 94% adoption of e-agreements.
• The online customer onboarding journey has reached around 93%.
• The company launched ‘Sambhav Home Loans’ for near prime and affordable housing, now operating across 67 urban locations and 72 tier IV / rural locations.

Future Outlook

Considering the current market dynamics, Bajaj Housing Finance has reassessed its key financial indicators for FY26, projecting AUM growth between 21-23%.

Source: BSE

The Board of Directors of Oil and Natural Gas Corporation (ONGC) has approved an interim dividend of ₹6 per equity share. It also greenlit an investment of up to ₹421.50 Crore in its wholly-owned subsidiary, ONGC Green Limited (OGL), to boost its renewable energy initiatives. Other key decisions included investments in joint ventures for petroleum transportation and disclosures related to debt regulations.

Interim Dividend Approved

ONGC’s Board has declared an interim dividend of ₹6 per equity share with a face value of ₹5, equivalent to 120%. The record date for determining shareholder eligibility is November 14, 2025, and the dividend payout will occur within 30 days of declaration.

Investment in Green Energy Subsidiary

An investment of up to ₹421.50 Crore has been approved for ONGC Green Limited (OGL). This investment will be executed through subscription to a rights issue of equity shares. OGL, a wholly-owned subsidiary, focuses on renewable energy ventures.

Joint Venture Investments for Petroleum Transportation

The board has given in-principle approval for investments in two identical Joint Venture Companies (JVCs) with Mitsui O.S.K. Lines Ltd (MOL), each with 50:50 shareholding, pending DIPAM approval. These ventures aim to expand ONGC’s presence in transporting petroleum resources, specifically in the ethane transportation sector, with a cumulative investment of up to USD 49.20 million (equivalent to ₹4350.30 million).

Company Secretary Appointment

Shri Shashi Bhushan Singh has been appointed as Company Secretary & Compliance Officer, effective immediately. Singh brings 25 years of professional experience to the role.

Debt Disclosure

The company held ₹10,000 million in unsecured Non-Convertible Debentures (NCDs) as of September 30, 2025.

Financial Results Highlights (Q2 2025-26)

Key figures from the unaudited standalone financial results for Q2 2025-26 include:

• Revenue from operations: ₹33,030.56 Crore
• Profit for the period: ₹9,847.97 Crore
• Total comprehensive income for the period: ₹9,850.69 Crore

Segment Performance

The earnings report breaks the total revenue down into:

• Offshore: ₹22,898.05 Crore
• Onshore: ₹10,132.51 Crore

Source: BSE