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NBCC (India) Limited Successfully Concludes E-Auction of Residential Units

NBCC (India) Limited has successfully concluded an E-auction of residential units at Aspire leisure valley Pkg-1, located in Gr. NOIDA(W), UP. The E-auction involved units under Sub-Package-8. This sale included 175 residential units, one tower (Iconic Tower No. 13), and generated a total sale value of approximately Rs. 485.41 crores. NBCC will receive a marketing fee of 1% of the sale value.

E-Auction Success

NBCC (India) Limited has announced the successful completion of an E-auction focused on residential units. The units were located at Aspire leisure valley Pkg-1, Gr. NOIDA(W), UP, specifically under Sub-Package-8. The official announcement was made on December 06, 2025.

Key Details of the Sale

The E-auction resulted in the sale of 175 residential units within one tower, known as Iconic Tower No. 13. The total sale value realized from this E-auction amounted to approximately Rs. 485.41 crores. Furthermore, NBCC will receive a marketing fee equivalent to 1% of the total sale value. The company stated that the E-auction was conducted as part of its normal business operations.

Availability of Information

Further details regarding the E-auction can be found on the company’s website.

Source: BSE

Polycab India Investor/Analyst Meeting Schedule – December 2025

Polycab India has announced the schedule of upcoming meetings with institutional investors and analysts in December 2025. These meetings include discussions with Wellington Management, Millennium Management Global Investment, and Phillip Capital. The discussions are corporate earnings presentations and other publicly available information.

Upcoming Investor and Analyst Meetings

Polycab India is scheduled to hold meetings with several institutional investors and analysts during December 2025. Here’s a summary of the scheduled events:

Meeting Schedule

Here’s a breakdown of the investor meetings:

December 10, 2025: Meeting with Wellington Management. This will be a physical meeting.

December 16, 2025: Meeting with Millennium Management Global Investment will be conducted virtually via One-on-One. The location will be Mumbai.

December 18, 2025: A physical meeting is scheduled with Phillip Capital.

Please note that the dates are subject to change.

Corporate and earnings presentations will be shared and hosted on the company’s website.

Source: BSE

ICICI Bank ICICI AMC Announces Price Band for IPO

ICICI Bank announces the price band for the initial public offering (IPO) of its subsidiary, ICICI Prudential Asset Management Company (ICICI AMC). The price band is set at ₹2,061 to ₹2,165 per equity share. The minimum bid lot is 6 equity shares and in multiples of 6 thereafter. The IPO details are available on the ICICI AMC website.

ICICI AMC IPO Price Band Revealed

ICICI Bank’s subsidiary, ICICI Prudential Asset Management Company (ICICI AMC), has announced the price band for its upcoming IPO. The price band has been fixed at ₹2,061 to ₹2,165 per equity share. This announcement follows ICICI Bank’s earlier disclosure regarding the IPO.

Key Details of the IPO

The face value of each equity share is ₹1. The minimum bid lot for the IPO is 6 equity shares, and bids can be made in multiples of 6 shares thereafter. Further information regarding the IPO is available on the ICICI AMC website.

Forward-Looking Statements

The announcement includes forward-looking statements regarding future business plans and growth prospects. These statements are subject to risks and uncertainties. Factors that could cause actual results to differ materially include changes in interest rates, foreign exchange rates, regulatory changes, and economic conditions.

Source: BSE

Vardhman Textiles Dematerialization of Shares in November 2025

Vardhman Textiles announced the dematerialization of 9,880 equity shares during November 2025. This includes 5,550 shares dematerialized through CDSL and 4,330 shares through NSDL. The company has cancelled the corresponding share certificates, substituting them with the Depository as the registered owner.

Share Dematerialization Update

Vardhman Textiles Limited confirms the dematerialization of equity shares for the month of November 2025. A total of 9,880 shares were dematerialized after verifying the share certificates. The details include distinctive numbers and certificate numbers as detailed in the attached annexure.

Dematerialization Details

The dematerialization process involved two depositories:

  • CDSL: 5,550 shares
  • NSDL: 4,330 shares

After dematerialization, the corresponding share certificates were cancelled and replaced with the name of the Depository as the Registered Owner in the Company’s records.

CDSL Dematerialization Details

Dematerialization via CDSL involved several transactions with different share counts, including batches of 750 and 3,240 shares each. Some of the key dates for CDSL dematerialization were November 3rd, 2025, November 4th, 2025, November 10th, 2025, and November 18th, 2025.

NSDL Dematerialization Details

Similarly, the NSDL dematerialization included transactions with larger share quantities like 1,500 and 2,500 shares. These dematerializations occurred on November 6th, 2025, November 13th, 2025, and November 27th, 2025.

Source: BSE

HFCL Secures Export Orders Worth $72.96 Million for Optical Fiber Cables

HFCL has secured export orders worth approximately $72.96 million (equivalent to ~INR 656.10 crore) for the supply of optical fiber cables. These orders, secured through its overseas subsidiary, come from a renowned international customer. The successful acquisition of these orders highlights HFCL’s strong manufacturing capabilities, technological advancements, and the superior quality of its products.

New International Orders

HFCL Limited has announced that it has secured significant export orders amounting to roughly $72.96 million (~INR 656.10 crore). These orders pertain to the supply of optical fiber cables (OFC) and were obtained through HFCL’s international subsidiary.

Order Details and Customer

The entity awarding the orders is an international customer. The supply of optical fiber cables will adhere to the customer’s specific requirements and general contract conditions. This international order is projected to be executed by November 2026.

Strategic Significance

The acquisition of these export orders underscores the global recognition of HFCL’s manufacturing prowess, technological expertise, and the high quality of its optical fiber cable products. The company continues to expand its global footprint and reinforce its position in the telecommunications infrastructure sector.

Source: BSE

Karur Vysya Bank Revises External Benchmark Rate (EBR-R) to 8.55%

Karur Vysya Bank has announced a revision in its External Benchmark Rate (EBR-R). Effective December 06, 2025, the EBR-R will be adjusted to 8.55%. This change impacts all loans linked to the benchmark. The previous EBR-R was 8.80%.

EBR-R Rate Adjustment

Karur Vysya Bank has officially revised its External Benchmark Rate- Repo linked (EBR-R). The adjustment will take effect on December 06, 2025. This change will directly affect all loans and financial products that are linked to the specified benchmark rate.

Revised Rate Details

Following the recent adjustment, the new EBR-R for Karur Vysya Bank stands at 8.55%. This is a decrease from the previous rate of 8.80%.

Source: BSE

Crompton Hiroo Mirchandani Appointed Chairperson of Corporate Social Responsibility Committee

Crompton has announced the re-constitution of its Corporate Social Responsibility (CSR) Committee, effective January 1, 2026. Ms. Hiroo Mirchandani, Non-Executive Independent Director, has been appointed as the Chairperson of the Committee. The revised committee also includes Mr. D. Sundaram, Mr. Promeet Ghosh, and Ms. Smita Anand.

CSR Committee Reconstitution

Crompton has re-constituted its Corporate Social Responsibility (CSR) Committee, with the changes becoming effective on January 1, 2026. This decision was approved by the Board of Directors on December 6, 2025. The re-constitution reflects the company’s ongoing commitment to its social responsibility initiatives.

Key Appointments

Ms. Hiroo Mirchandani, a Non-Executive Independent Director, has been appointed as the Chairperson of the CSR Committee. Her experience and insights are expected to provide valuable leadership to the committee’s activities.

Committee Composition

The composition of the re-constituted CSR Committee, effective January 1, 2026, is as follows:

Source: BSE

CM Airtime Promotion LLP Increase in Shareholding of Chambal Fertilisers & Chemicals

CM Airtime Promotion LLP has increased its equity shareholding in Chambal Fertilisers & Chemicals Ltd. On December 4, 2025, the firm purchased 10,000 equity shares, raising its aggregate shareholding to 972,073 shares. This acquisition reflects a minor adjustment in the company’s investment portfolio, maintaining its overall stake in Chambal Fertilisers & Chemicals Ltd.

Shareholding Update

CM Airtime Promotion LLP announced an increase in its shareholding of Chambal Fertilisers & Chemicals Ltd. through a purchase of equity shares. This transaction took place on December 4, 2025.

Details of Acquisition

The firm acquired 10,000 equity shares of Chambal Fertilisers & Chemicals Ltd. This acquisition has increased CM Airtime Promotion LLP’s total holdings.

Updated Shareholding

Following the purchase, CM Airtime Promotion LLP now holds a total of 972,073 equity shares in Chambal Fertilisers & Chemicals Ltd. This adjustment represents a minor increase in the firm’s overall investment.

Source: BSE

Persistent Systems Rationalizes Subsidiary with Aepona Group Transfer

Persistent Systems has finalized the transfer of its wholly-owned stepdown subsidiary, Aepona Group Limited (Ireland), from Persistent Systems Inc. (USA) to Persistent Systems Limited (India). The transfer, completed on December 5, 2025, aims to streamline operations within the group. The deal involves the transfer of 100% shareholding and is valued at Euro 13,879,670. Aepona Group’s turnover as of March 2025 was Euro 1,271,080.12.

Aepona Group Transfer Details

Persistent Systems has completed the transfer of 100% shareholding of Aepona Group Limited, located in Ireland, effective December 5, 2025. The transfer is from Persistent Systems Inc. (USA) to Persistent Systems Limited (India). This move is part of an internal restructuring process.

Financials and Turnover

Aepona Group Limited has a paid-up capital of Euro 721,038.81. The turnover as of March 2025 was reported as Euro 1,271,080.12.

Rationale for the Transfer

The primary goal of this acquisition is to achieve entity rationalization and improve operational efficiency within the Persistent Systems group. By transferring the shareholding, the company expects to streamline processes and optimize resource allocation.

Transaction Details

The consideration for this transfer is a cash consideration, with a total cost of acquisition amounting to Euro 13,879,670. This transaction is considered an arm’s length related party transaction.

Completion Timeline

The entire process is expected to be completed by March 31, 2026.

Aepona Group Limited Background

Aepona Group Limited specializes in providing software development services and was incorporated in July 2000. The turnover for the last three financial years is as follows:

  • FY’23: Nil
  • FY’24: Euro 38,634.30
  • FY’25: Euro 1,271,080.12

Source: BSE

Dr. Agarwal’s Health Care Promoter Share Transfer via Gift

Shares of Dr. Agarwal’s Health Care Limited have been transferred between promoters via a gift. The transfer involved 940,578 shares, representing 0.30% of the total share/voting capital. This inter-se transfer doesn’t change the overall promoter group holding but alters individual holdings within the group. The transfer was completed on December 4, 2025.

Share Transfer Details

An inter-se transfer of shares within the promoter group of Dr. Agarwal’s Health Care Limited occurred on December 4, 2025. The transaction involved a transfer of shares via gift.

Impact on Shareholding

Prior to the transfer, Dr. Ashvin Agarwal held 15,044,121 shares, representing 4.76% of the total share/voting capital. Following the transfer of 940,578 shares, the holding is now at 14,103,543 shares, which equates to 4.46% of the total share/voting capital.

Transaction Summary

The following table summarizes the shareholding changes:

Pre-Transfer Holding: 15,044,121 shares (4.76%)

Shares Transferred: 940,578 shares

Post-Transfer Holding: 14,103,543 shares (4.46%)

Equity Capital

The equity share capital of Dr. Agarwal’s Health Care Limited both before and after the transfer remains at 31,61,70,880 equity shares of Re. 1/- each, aggregating to Rs. 31,61,70,880.

Source: BSE