CG Power has received warning letters from the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE) on December 5, 2025. These letters pertain to a delay in disclosing information regarding the reclassification of promoters. The company reiterates its commitment to complying with all applicable regulations moving forward.

Warning Letters from Exchanges

CG Power has been notified by both the NSE and BSE regarding a delay in compliance related to the reclassification of promoters. The warning letters were officially received on December 5, 2025.

Reason for the Warning

The core issue relates to a delay in disclosing the submission of the reclassification application to the exchanges. The exchange observed that the disclosure was delayed by 3 days.

Company Response

CG Power acknowledges the receipt of the warning letters. The company states that it will ensure compliance with all applicable regulations in the future.

Source: BSE

CG Power and Industrial Solutions has received approval for the reclassification of Coromandel Engineering Company Limited and Yanmar Coromandel Agrisolutions Private Limited from the Promoter Group category. The reclassification requests were made to the National Stock Exchange of India (NSE) and BSE, and approvals were granted on December 5, 2025. The decision is based on requests from the companies and will take effect immediately.

Reclassification Approval

CG Power and Industrial Solutions has obtained the necessary approvals for the reclassification of two entities within its corporate structure. This involves removing Coromandel Engineering Company Limited and Yanmar Coromandel Agrisolutions Private Limited from the ‘Promoter Group’ classification, following requests made by these companies.

Details of the Reclassification

The company originally filed applications for this reclassification and the process was initiated on November 6, 2025. Approvals for the reclassification were received from both the National Stock Exchange of India (NSE) and BSE on December 5, 2025. The NSE approval is documented under reference number NSE/LIST/COMP/CGPOWER/531/2025-2026, and the BSE approval under reference number LIST/COMP/KR/577/2025-26. These approvals confirm that there are no objections to reclassifying these entities.

Implications and Further Steps

With approvals now secured from both exchanges, CG Power will proceed with implementing the changes. The company is committed to ensuring full compliance with all applicable regulations and will make any necessary disclosures related to this reclassification.

Source: BSE

AngelOne has issued a clarification regarding a recent media publication about a Cloudflare outage impacting trading platforms. The company confirms a temporary issue affecting web platform access around 1420 hours on December 5, 2025. However, the announcement states that Android and iOS trading applications functioned normally, ensuring uninterrupted service for clients.

Clarification on Cloudflare Issue

AngelOne acknowledges a recent media report concerning a Cloudflare outage and its potential impact on trading platforms. In response to inquiries, the company has provided the following clarification, dated December 05, 2025.

Impact Assessment

According to the company’s statement, there was a temporary intermittent issue related to Cloudflare which affected access to the web platform at approximately 1420 hours. However, AngelOne emphasizes that its Android and iOS-based trading applications continued to function normally throughout the period. This ensured that clients experienced no disruption and were able to continue trading through the mobile app.

No Material Impact

AngelOne asserts that the media publication has no material impact on the company. Furthermore, the company believes that no additional information needs to be disclosed to stock exchanges at this time.

Market Driven Share Price

The company clarified that any movement in the share price of AngelOne on December 5, 2025, is purely market-driven.

Source: BSE

Coromandel International has re-appointed Mr. Arun Alagappan as Whole-time Director, designated as the Executive Chairman. The re-appointment is effective from February 15, 2026, following the completion of his current tenure on February 14, 2026. Mr. Alagappan is also the President of the Southern India Chamber of Commerce & Industry (SICCI).

Leadership Continuity

Mr. Arun Alagappan will continue to serve as the Executive Chairman of Coromandel International, ensuring leadership continuity. His re-appointment as Whole-time Director, designated as the Executive Chairman, is effective February 15, 2026.

Background of Mr. Alagappan

Mr. Arun Alagappan is currently the Executive Chairman of Coromandel International Limited and a member of the Murugappa Family. He holds the position of President at the Southern India Chamber of Commerce & Industry (SICCI) and is an Executive Member of the Federation of Indian Chambers of Commerce and Industry (FICCI).

Additionally, Mr. Alagappan serves as the Non-Executive Chairman at NACL Industries Limited and as an Independent Director at LMW Limited and Thirumalai Chemicals Limited.

Career Highlights

Mr. Arun Alagappan began his career with GE Capital Services India in 1997. He joined the Murugappa Group in 1999 at Parryware and served in Tube Investments of India Limited from 2005 to 2017, eventually becoming the Business Head of TI Cycles. In August 2017, he was appointed as Executive Director of Cholamandalam Investment and Finance Company Limited and later became the Managing Director in November 2019.

Source: BSE

The Central Government has appointed Ms. Shalini Pandit, Joint Secretary, Department of Financial Services, Ministry of Finance, as a Government Nominee Director on the Board of Life Insurance Corporation of India (LIC) effective December 3, 2025. She replaces Dr. Parshant Kumar Goyal, with immediate effect and until further orders.

Leadership Change at LIC

Ms. Shalini Pandit has been appointed as a Government Nominee Director to the Board of the Life Insurance Corporation of India (LIC). The appointment, effective December 3, 2025, comes via a government notification.

Details of the Appointment

According to the announcement, Ms. Pandit, currently serving as Joint Secretary in the Department of Financial Services, Ministry of Finance, will assume her role with immediate effect. This appointment is until further notice. Dr. Parshant Kumar Goyal ceases to be the Government Nominee Director effective December 3, 2025.

About Ms. Shalini Pandit

Ms. Shalini Pandit is an Indian Administrative Service (IAS) officer of the Odisha cadre. She has held key positions within the Odisha government and served as Secretary for multiple departments, including School & Mass Education, Health & Family Welfare, and Mission Shakti. She has also worked as Mission Director, National Health Mission, Labour Commissioner, and District Collector for several districts. Ms. Pandit holds degrees in Botany and Wildlife Science.

Source: BSE

Adani Green Energy Limited has announced that its CSR HUB ESG rating has improved to 94%. The previous rating assigned to the company was 90%. This reflects the company’s commitment to environmental, social, and governance principles. The updated ESG ratings are available on the CSR HUB website, as of December 5, 2025.

ESG Performance Update

Adani Green Energy is pleased to share the latest update on its Environmental, Social, and Governance (ESG) performance. The company’s CSR HUB ESG rating has been published, reflecting continued progress in its sustainability efforts.

Improved CSR HUB Rating

The new CSR HUB ESG rating for Adani Green Energy stands at 94%, a significant increase from the previous rating of 90%. This improvement highlights the company’s ongoing commitment to integrating sustainable practices across its operations and enhancing its ESG profile. The rating reflects Adani Green’s dedication to responsible environmental stewardship and governance.

Commitment to Sustainability

Adani Green Energy remains committed to continuous improvement in its ESG performance and will continue to prioritize initiatives that contribute to a more sustainable future. The company strives to maintain high standards in environmental management, social responsibility, and corporate governance.

Source: BSE

Kalpataru Projects International Limited has received an order from the Central Excise & GST Authority regarding a tax demand. The demand pertains to erstwhile JMC Projects (India) Limited (now amalgamated with Kalpataru) for the financial year 2014-15. The issue concerns the alleged wrongful availment of Cenvat credit, with a potential penalty of INR 7.11 Crores. The company intends to appeal the order.

Tax Authority Order Received

Kalpataru Projects International Limited announced that it has received an order from the Central Excise & GST Authority on December 5th, 2025. The order, issued at approximately 02:30 P.M. (IST), relates to a tax demand.

Details of the Demand

The tax demand pertains to the period when JMC Projects (India) Limited, which has since been amalgamated with Kalpataru Projects, allegedly made a wrongful claim regarding Cenvat credit during the financial year 2014-15. The authority has demanded tax, interest, and a penalty.

Financial Impact and Company Response

The authority has demanded a penalty of INR 7.11 Crores. However, the company believes it has a strong case and intends to appeal the order before the Appellate Authority. Kalpataru Projects emphasizes that this issue does not have any significant impact on the Company.

Source: BSE

Chalet Hotels Limited has received confirmation of its credit ratings for various debt instruments and bank facilities. The ratings, assigned by ICRA Limited, include [ICRA] AA- for Non-Convertible Debentures, Long Term Fund Based Term Loans, Long Term Fund Based Limits and Long Term Unallocated Limits, all with a Stable outlook. Additionally, ratings of [ICRA] A1+ have been assigned for Short Term Unallocated Limits and Short Term Non-Fund Based Limits.

Credit Rating Details

Chalet Hotels Limited announced the assignment of credit ratings for its financial instruments, confirming its position in the market as of December 5, 2025. The ratings have been assigned by ICRA Limited.

Long-Term Ratings

The company’s long-term financial instruments received the following ratings:

• Non-Convertible Debentures: [ICRA] AA- with a Stable outlook.
• Long Term Fund Based Term Loans: [ICRA] AA- with a Stable outlook.
• Long Term Fund Based Limits: [ICRA] AA- with a Stable outlook.
• Long Term Unallocated Limits: [ICRA] AA- with a Stable outlook.

Short-Term Ratings

The company’s short-term financial instruments were assigned the following ratings:

• Short Term Unallocated Limits: [ICRA] A1+
• Short Term Non-Fund Based Limits: [ICRA] A1+

Source: BSE

Karur Vysya Bank (KVB) has announced the grant of 52,017 options under its Employee Stock Option Scheme (ESOS) 2018 to Shri B Ramesh Babu, Managing Director & CEO. The grant was approved on December 05, 2025. Vesting occurs in three tranches, with 33.33% vesting one year from the grant date and another 33.33% vesting after two years, followed by 33.34% after three years.

ESOS 2018 Grant Details

Karur Vysya Bank (KVB) has granted 52,017 options under the KVB ESOS 2018 Scheme to Shri B Ramesh Babu, Managing Director & CEO of the Bank. The grant was approved by the Nomination and Remuneration Committee of the Board on December 05, 2025.

Vesting Schedule

The options vest in three tranches from the date of the grant:

Each option entitles the holder to one equity share, which will be credited to the demat account upon vesting.

Option Pricing

The options were granted at a price of ₹247.03 per option, which corresponds to the closing price on December 04, 2025.

This grant forms part of the non-cash variable pay for the financial year 2024-25.

Source: BSE

Adani Green Energy announces that S&P Global has published its Corporate Sustainability Assessment (CSA) ESG score on their website. The company’s S&P Global ESG score for the year 2025 is 77/100. The score for the year 202û was 74/100, demonstrating a year-on-year improvement in the company’s sustainability performance.

S&P Global ESG Assessment

Adani Green Energy Limited has received its S&P Global Corporate Sustainability Assessment (CSA) ESG score. The information is now accessible on the S&P Global website, offering stakeholders insight into the company’s environmental, social, and governance practices.

ESG Score Details

The S&P Global ESG score for Adani Green Energy for the year 2025 is 77/100. This reflects the company’s commitment to sustainable practices and continuous improvement in its ESG performance. The score for the previous year, 202û, was 74/100.

Source: BSE