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Sammaan Capital Approvals Received for Preferential Issue

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Sammaan Capital has received in-principle approvals from both the National Stock Exchange of India Limited and BSE Limited regarding its proposed preferential issue. The issue involves the allotment of equity shares and warrants to Avenir Investment RSC Ltd, aggregating to ₹45,87,00,15,429 for equity shares and a specified number of warrants exercisable into equity shares at ₹139 per share/warrant.

Preferential Issue Details

Sammaan Capital has announced the receipt of in-principle approvals related to its preferential issue. The proposed issue involves securities being allotted to Avenir Investment RSC Ltd. The company’s announcement is dated November 7, 2025, and addresses the proposed allocation of equity shares and warrants.

Equity Shares and Warrants

The preferential issue includes 33,00,00,111 fully paid-up equity shares, each with a face value of ₹2, priced at ₹139 per share. The total value of equity shares aggregates to ₹45,87,00,15,429.

Additionally, the issue comprises 8,68,92,966 warrants and 21,97,97,569 warrants, each convertible into one equity share at a price of ₹139 per warrant.

Approval Status

The in-principle approvals have been granted by both the National Stock Exchange of India Limited and BSE Limited.

Source: BSE

Canara Bank Exercising Call Option on Basel III Additional Tier I Bonds

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Canara Bank has announced its decision to exercise the call option on its Basel III compliant Additional Tier I Bonds. This decision affects bonds with ISIN codes INE476A08100 and INE476A08118. The call option exercise is subject to regulatory approvals and will be executed on the specified due dates. This action is in line with the bank’s capital management strategy.

Call Option Exercise

Canara Bank will exercise the call option on its Basel III compliant Additional Tier I bonds. This decision affects two specific bonds detailed below.

Bond Details

The call option exercise pertains to the following bonds:

< •ISIN: INE476A08100
•Instrument: BASEL III AT I
•Issued Amount: Rs 1635 Cr
•Coupon Rate: 8.50% p.a.
•Date of Issue: 31-12-2020
•Call Option Date: 31-12-2025
•Term of Instrument: Perpetual

< •ISIN: INE476A08118
•Instrument: BASEL III AT I
•Issued Amount: Rs 120 Cr
•Coupon Rate: 8.30% p.a.
•Date of Issue: 02-02-2021
•Call Option Date: 02-02-2026
•Term of Instrument: Perpetual

Regulatory Approval and Execution

The Reserve Bank of India (RBI) has permitted the Bank to exercise the call option. The call option will be executed on December 31, 2025, and February 2, 2026 respectively, as per the terms of issuance.

Source: BSE

Nuvama Subsidiary Receives Warning Regarding Portfolio Management Compliance

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Nuvama Asset Management Limited (NAML), a wholly-owned subsidiary of Nuvama Wealth Management Limited, received an administrative warning on November 7, 2025. The warning from SEBI advises NAML to exercise caution and prevent any recurrence of the noted observations. The observations relate to compliance in its capacity as a Portfolio Manager and do not impact the financials or operations of Nuvama Wealth Management Limited.

Administrative Warning Issued to Subsidiary

Nuvama Wealth Management Limited has announced that its wholly-owned subsidiary, Nuvama Asset Management Limited (NAML), has received an administrative warning. The warning was issued on November 7, 2025.

Details of the Warning

The Securities and Exchange Board of India (SEBI) issued the administrative warning, advising NAML to be careful and avoid recurrence of the observations noted during an inspection. The observations relate to the onsite inspection of NAML’s books of accounts and other records while acting as a Portfolio Manager.

The inspection revealed potential violations related to SEBI (PMS) Regulations, 2020, and the SEBI Master Circular for Portfolio Managers. Specific areas of concern included client reporting, data reporting, and NISM certification.

Impact on Nuvama Wealth Management

According to the company’s announcement, this warning is not expected to have any impact on the financials, operations, or other activities of Nuvama Wealth Management Limited or its other subsidiaries/associates. The company is taking measures to address the concerns raised by SEBI and ensure full compliance with all regulations moving forward.

Source: BSE

Crisil Acquisition of McKinsey PriceMetrix Co. Completed

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Crisil has completed the acquisition of McKinsey PriceMetrix Co., now known as Crisil PriceMetrix Co. The acquired entity is a wholly-owned step-down subsidiary of Crisil Limited. This acquisition was completed on November 7, 2025, and Crisil PriceMetrix Co. has become a wholly-owned subsidiary of Crisil Canada Inc.

Acquisition Completion

Crisil has finalized its acquisition of McKinsey PriceMetrix Co., which has been renamed Crisil PriceMetrix Co. This acquisition strengthens Crisil’s position in the market.

Subsidiary Status

As of November 7, 2025, Crisil PriceMetrix Co. is now a wholly owned subsidiary of Crisil Canada Inc. This move further integrates PriceMetrix into Crisil’s operational structure.

Source: BSE

Lemon Tree Hotels Announces Opening of New Hotel in Thiruvananthapuram

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Lemon Tree Hotels has announced the opening of a new Lemon Tree Premier hotel in Thiruvananthapuram. This is the group’s 6th property in Kerala and features 80 rooms and suites. The hotel aims to cater to both business and leisure travelers and includes amenities such as restaurants, banqueting spaces, and recreational areas. This opening marks further expansion for the hotel chain in southern India.

New Premier Hotel Launched

Lemon Tree Hotels Limited has launched a new managed property, Lemon Tree Premier, Thiruvananthapuram. This announcement, dated November 7, 2025, highlights the company’s continued growth in the mid-scale and premium hotel sector in India.

Strategic Expansion in Kerala

The new hotel represents the 6th property for the group within the state of Kerala. This opening further solidifies the brand’s presence and commitment to expansion in Southern India, reinforcing its operational footprint in the region. Lemon Tree Hotels already operates five other properties within Kerala.

Hotel Features and Amenities

The Lemon Tree Premier, Thiruvananthapuram features 80 rooms and suites. These include a multi-cuisine restaurant (Citrus Café), Kebab Theater, and Slounge. Guests can also enjoy a pastry shop, banqueting and meeting room facilities, and a fitness centre with a spa, salon, and swimming pool for recreational activities. The hotel aims to provide a comprehensive and comfortable experience for its guests.

Managed by Carnation Hotels

The hotel is managed by Carnation Hotels Private Limited, a wholly-owned subsidiary and the hotel management arm of Lemon Tree Hotels Limited.

Source: BSE

CEAT Limited Issuance of Confirmation Letters for Duplicate Share Certificates

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CEAT Limited has announced the issuance of confirmation letters in lieu of duplicate share certificates, as received from NSDL Database Management Limited, the Registrar and Transfer Agent. This action addresses duplicate share certificates. Key details including folio numbers, shareholder names, certificate numbers, and share ranges are provided for reference and record-keeping.

Confirmation of Duplicate Share Certificates

CEAT Limited has confirmed the issuance of letters pertaining to duplicate share certificates. The confirmation follows communication received from NSDL Database Management Limited, the Registrar and Transfer Agent for the company.

Details of Issuance

The following details pertain to the issuance of confirmation letters in lieu of duplicate share certificates:

Source: BSE

Samvardhana Motherson Issues Commercial Paper of INR 250 Crores

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Samvardhana Motherson International Limited has issued Commercial Paper (CP) of INR 250 crores. The CPs are listed on BSE Limited, with a maturity date of December 17, 2025, and carry an interest rate of 5.95%. The tenure of the CPs is 41 days. These papers are unsecured.

Commercial Paper Issuance

Samvardhana Motherson International Limited has announced the issuance of Commercial Paper (CP) amounting to INR 250,00,00,000. Each commercial paper has a face value of Rs. 500,000, with a total of 5000 such papers issued.

Key Details of the CP

The Commercial Paper has been listed on BSE Limited, and official intimation of the listing, dated November 7, 2025, has been attached. The key details are as follows:

  • Tenure: 41 days
  • Issue Date: November 6, 2025
  • Maturity Date: December 17, 2025
  • Interest Rate: 5.95%
  • In Favor Of: DSP LIQUIDITY FUND
  • ISIN: INE775A14798

Payment Schedules and Security

Interest payment is charged upfront. The principal amount is scheduled for payment on the maturity date, i.e., December 17, 2025. The issued Commercial Paper is unsecured, with no special rights or privileges attached.

Source: BSE

Force Motors Approves Unaudited Financial Results for Quarter Ended September 2025

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Force Motors Limited has announced the approval of its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. The decision was made during a Board Meeting held on November 7, 2025. The company’s financial performance reflects key figures in revenue and profit, with detailed statements provided for comprehensive analysis.

Financial Performance Highlights

Force Motors Limited’s Board of Directors approved the unaudited financial results for Q2 2025 (July-Sept) during its meeting on November 7, 2025. The results include both standalone and consolidated figures, offering a detailed overview of the company’s financial health.

Standalone Financial Results

The standalone financial results reveal the following key highlights:

  • Revenue from Operations: ₹208,127 lakhs for the quarter.
  • Total Income: ₹210,576 lakhs for the quarter.
  • Profit Before Tax: ₹31,595 lakhs for the quarter.
  • Net Profit: ₹34,951 lakhs for the quarter.
  • Earnings Per Share: ₹265.26.

Consolidated Financial Results

The consolidated financial results present the following key figures:

  • Revenue from Operations: ₹208,140 lakhs for the quarter.
  • Total Income: ₹210,589 lakhs for the quarter.
  • Profit Before Tax: ₹31,718 lakhs for the quarter.
  • Net Profit: ₹35,070 lakhs for the quarter.
  • Earnings Per Share: ₹266.14.

Detailed Financial Statements

Detailed standalone and consolidated financial statements for the quarter and half-year ended September 30, 2025, along with Limited Review Reports issued by the Statutory Auditors, are available.

Source: BSE

Oil and Natural Gas Corporation Statutory Auditor Appointment for Financial Year 2025-26

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Oil and Natural Gas Corporation (ONGC) has announced the appointment of M/s Rama K Gupta & Co. as Statutory/Joint Statutory Auditor for the financial year 2025-26. This appointment follows a partial modification of an earlier communication from the Comptroller & Auditor General of India (C&AG). The company has officially confirmed the appointment via a disclosure dated November 7, 2025.

Auditor Appointment

ONGC has confirmed the appointment of M/s Rama K Gupta & Co. as Statutory/Joint Statutory Auditor. The appointment is effective for the financial year 2025-26, according to a letter received on November 6, 2025 from the Comptroller & Auditor General of India (C&AG).

Background to the Appointment

The auditor appointment is a partial modification to previous communications from the Comptroller & Auditor General of India (C&AG). The company initially received a letter conveying the appointment of five firms as Statutory/Joint Statutory Auditors for the financial year 2025-26. Out of these firms, M/s MSKA & Associates conveyed their dissent to accept the appointment.

About M/s Rama K Gupta & Co.

M/s Rama K Gupta & Co. is a Chartered Accountancy firm founded in 1989, with its headquarters in Bhopal, Madhya Pradesh. The firm has offices across multiple states in India. It provides services in Accounting, Auditing, Taxation, and specialized domains such as IS Audits, Forensic Audits, ASM Audits, and Project Evaluations. The firm has experience with Limited Companies, Public Sector Undertakings, Banks, and Government Departments.

Source: BSE

Force Motors Approves Unaudited Financial Results for Q2 and Half-Year Ended Sept 30, 2025

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Force Motors has announced the approval of its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. The decision was made during a Board of Directors meeting held on November 7, 2025. The financials indicate the company’s performance and position for the specified period, including Unaudited Financial Statements and Limited Review Reports issued by the Statutory Auditors.

Financial Highlights

Force Motors’ Board of Directors has approved the unaudited standalone and consolidated financial results for Q2 2025 (July-September) and the half-year ending September 30, 2025. The decision was finalized during a board meeting on November 7, 2025.

Key Financials (Standalone)

Key figures from the standalone unaudited financial results include:

  • Revenue from Operations: ₹208,127 lakhs for Q2 2025 and ₹437,839 lakhs for the half-year.
  • Net Profit: ₹34,951 lakhs for Q2 2025 and ₹53,473 lakhs for the half-year.
  • Earnings Per Share: ₹265.26 for Q2 2025 and ₹405.83 for the half-year.

Key Financials (Consolidated)

Key figures from the consolidated unaudited financial results include:

  • Revenue from Operations: ₹208,140 lakhs for Q2 2025 and ₹437,865 lakhs for the half-year.
  • Net Profit: ₹35,070 lakhs for Q2 2025 and ₹52,706 lakhs for the half-year.
  • Earnings Per Share: ₹266.14 for Q2 2025 and ₹399.96 for the half-year.

Operational Updates

The company has shifted to a new tax regime from the Financial Year 2025-2026, under section 115BAA of the Income Tax Act, 1961. This resulted in writing off MAT credit and reversing deferred tax liability.

Source: BSE