Adani ACC has been assigned an Environmental, Social, and Governance (ESG) rating of 65 (Rating Category: Aspiring) by Sustainability Ratings and Analytics Limited for the Financial Year 2025. This rating highlights the company’s commitment to enhancing its ESG performance. This announcement indicates Adani ACC’s continued focus on sustainable and responsible business practices.

ESG Rating Confirmation

Adani ACC announced that it has received an Environmental, Social, and Governance (ESG) rating of 65, categorized as ‘Aspiring’, for the Financial Year 2025. This rating was assigned by Sustainability Ratings and Analytics Limited.

Commitment to ESG

The assigned ESG rating demonstrates the company’s dedication to improving its Environmental, Social, and Governance performance. This rating reflects Adani ACC’s efforts to integrate sustainable practices into its operations and business strategy, showing a commitment to responsible corporate citizenship. This rating will serve to motivate the company to continue to improve its Environmental, Social and Governance indicators across the company operations.

Source: BSE

Bank of India has successfully issued and allotted Basel III compliant Tier II bonds amounting to ₹2,500 Crore through a private placement. The bonds, which are fully paid-up, unsecured, and subordinated, are part of Series XVIII and mature on December 10, 2025. The deemed date of allotment is December 12, 2025, with a coupon rate of 7.28% p.a.

Bond Issuance Details

Bank of India has announced the issuance and allotment of Basel III Compliant Tier II Bonds totaling ₹2,500 Crore via private placement. This issuance aligns with the bank’s strategy to strengthen its capital base and support future growth initiatives.

Key Terms and Features

The bonds are structured as Non-convertible, Taxable, Subordinated, Unsecured, and fully paid-up, classified as Basel III compliant Tier II Bonds Series XVIII in the nature of debentures. The issue includes a base size of ₹1,000 Crore, with a Green-shoe Option of ₹1,500 Crore, bringing the aggregate to ₹2,500 Crore. The ISIN No. for these bonds is INE084A08227.

Important Dates and Rates

The bonds carry a coupon rate of 7.28% p.a. The issue opened and closed on December 10, 2025, and the deemed date of allotment is December 12, 2025. A total of 14 allottees participated in this bond issuance.

Source: BSE

Devyani International has announced the resignation of two key senior management personnel. Mr. Dinesh Hariharan, CEO of Vaango, and Mr. Kamaljit Singh Bedi, CEO of Costa Coffee and Airport Business, will be stepping down from their roles effective December 12, 2025. The company has released details about these changes.

Leadership Transition

Devyani International Limited has announced changes within its senior management team, effective December 12, 2025. The announcement details the departure of two key executives from their respective roles within the organization.

Key Executive Departures

Mr. Dinesh Hariharan, who held the position of CEO of Vaango, has tendered his resignation. Simultaneously, Mr. Kamaljit Singh Bedi, serving as the CEO for Costa Coffee and Airport Business, has also resigned from his position. Both resignations are effective from the close of business hours on December 12, 2025.

The company acknowledges the contributions of Mr. Hariharan and Mr. Bedi during their tenures.

Source: BSE

Suzlon Energy’s Unsecured Creditors have approved the Scheme of Arrangement relating to Reorganisation and Reclassification of Reserves. The meeting, held on December 12, 2025, saw the resolution pass with the required majority. This approval marks a significant step in the company’s financial restructuring efforts, providing a clearer path for its future operations.

Unsecured Creditors Approve Reorganization Scheme

On December 12, 2025, Suzlon Energy announced that its Unsecured Creditors have approved the Scheme of Arrangement for Reorganisation and Reclassification of Reserves. The approval was granted during a meeting convened as per the order of the Honourable National Company Law Tribunal, Ahmedabad Bench.

Meeting Details and Voting Results

The meeting, held via video conferencing, commenced at 12:30 p.m. (IST) and concluded at 12:50 p.m. (IST). A practicing Company Secretary was appointed as the Scrutinizer to oversee the electronic voting process. The resolution to approve the scheme was passed with the requisite majority, indicating strong support from the Unsecured Creditors.

Voting Breakdown

A total of 47 Unsecured Creditors attended the meeting through video conferencing and voted on the resolution. The total value of votes polled was 23,25,00,80,466, with 22,82,31,55,435 votes in favor and 42,69,25,031 against, resulting in 98.1638% approval.

Details of Voting

Electronic voting accounted for 15,91,99,16,567, of which 15,49,29,91,536 were in favor and 42,69,25,031 against. Poll voting accounted for 7,33,01,63,899 votes in favor.

Source: BSE

Oberoi Realty has announced the resignation of Mr. Nimit Gala from his position as General Manager – Investor Relations, effective December 12, 2025. Mr. Gala is leaving to pursue other opportunities. The company has formally notified the stock exchanges about this change in senior management. Further details regarding the resignation are provided in the company’s official communication.

Management Change Announcement

Oberoi Realty announced that Mr. Nimit Gala has resigned from his position as General Manager – Investor Relations, effective December 12, 2025. This announcement was made to comply with disclosure requirements.

Reason for Resignation

Mr. Nimit Gala resigned from the company to explore better prospects.

Effective Date

The resignation is effective from December 12, 2025.

Source: BSE

JSW Paints Limited has become a promoter of Akzo Nobel India after acquiring 278,71,723 equity shares, representing a 61.20% stake in the company. This acquisition makes JSW Paints a key influencer within Akzo Nobel India. The disclosure was made on December 12, 2025, marking a significant change in the company’s ownership structure.

JSW Paints New Promoter

As of December 12, 2025, JSW Paints Limited officially became a promoter of Akzo Nobel India following a substantial acquisition of equity shares. The transaction significantly alters the company’s ownership composition.

Details of Acquisition

JSW Paints acquired 2,78,71,723 equity shares of Akzo Nobel India. This acquisition has resulted in JSW Paints holding a 61.20% stake in the company, thus designating them as a promoter.

Source: BSE

Akzo Nobel Coatings International B.V., a promoter of Akzo Nobel India, has sold 11,066,791 equity shares, representing 24.30% of the company’s equity. The transaction, executed off-market, involved a total consideration of ₹30,567,722,804, with ₹29,087,953,464.40 paid upfront and the balance deferred. Following the sale, Akzo Nobel Coatings International B.V. has been declassified as a promoter. The deal closed on December 10, 2025.

Equity Share Disposal

Akzo Nobel Coatings International B.V., previously a promoter of Akzo Nobel India, executed an off-market sale of 11,066,791 equity shares. This represents 24.30% of the total equity.

Transaction Details

The total consideration for the disposed shares was ₹30,567,722,804. Of this, ₹29,087,953,464.40 was received upfront, with the remainder to be paid on a deferred basis. The transaction was completed on December 10, 2025. Post-transaction, Akzo Nobel Coatings International B.V. is no longer classified as a promoter of Akzo Nobel India.

Source: BSE

Dalmia Bharat Limited has announced an upcoming meeting with analysts and investors scheduled for December 18, 2025. The meeting will be conducted in physical mode in Mumbai. This gathering aims to facilitate discussions between the company’s management and various research analysts, providing insights into the company’s strategy and performance. Further details regarding the agenda and participants will be communicated separately.

Upcoming Analyst Meet

Dalmia Bharat Limited is set to host a meeting with analysts and investors on December 18, 2025. The company aims to engage with the investment community and provide updates on its strategic initiatives.

Meeting Details

The analyst/investor meeting will be held in Mumbai, and will be conducted in Physical mode. The focus of the meeting will be on discussions with various Research Analysts. The scheduled event is part of the company’s ongoing efforts to maintain transparent communication with its stakeholders.

Source: BSE

Narayana Hrudayalaya Limited’s Board has approved a scheme of arrangement for the demerger of its subsidiary, NH Integrated Care Private Limited (NHIC). The demerger involves transferring the Clinical Services undertaking of NHIC to Narayana Hrudayalaya (NHL). This move aims to sharpen the focus on preventive healthcare and streamline operations. The effective date is set for April 1, 2025, pending regulatory approvals.

Demerger of NH Integrated Care

The Board of Directors of Narayana Hrudayalaya Limited (NHL) has approved a scheme of arrangement concerning NH Integrated Care Private Limited (NHIC). The decision, made on December 12, 2025, outlines a plan to demerge NHIC’s Clinical Services undertaking into NHL.

Strategic Rationale

The primary goal is to enable NHIC to focus exclusively on its preventive healthcare business, specifically the ‘Narayana Aarogyam’ platform. By separating the Clinical Services, NHL expects to achieve greater operational efficiencies and enhance shareholder value. The demerger will consolidate administrative and support functions and optimize the deployment of medical specialists.

Key Details of the Scheme

The Clinical Services undertaking to be demerged consists of 10 clinics located in Bengaluru. The turnover of the demerged undertaking for the year ended March 31, 2025, was Rs. 39.94 crore, representing 1.11% of NHL’s total standalone turnover. The appointed date for the scheme is April 1, 2025.

Looking Ahead

The demerger is subject to statutory and regulatory approvals, including approval from the National Company Law Tribunal (NCLT). The Company anticipates that the streamlined structure will improve resource efficiency and facilitate unified patient care pathways. The meeting concluded at 5:25 PM IST. There will be no change in the shareholding pattern as NHIC is a wholly owned subsidiary.

Source: BSE

Imperial Chemical Industries Limited, an erstwhile promoter of Akzo Nobel India, has sold 1,66,03,504 equity shares, reducing its stake in the company. This off-market transaction, executed on December 10, 2025, decreases ICI’s shareholding to 9%. Despite the sale, ICI remains a public shareholder and the transaction was valued at ₹4586,07,47,515 with an upfront consideration of ₹43,64,06,49,913.60.

Stake Reduction by Imperial Chemical Industries

Imperial Chemical Industries Limited (ICI), previously a promoter of Akzo Nobel India, has disposed of a significant portion of its equity holding. As of December 10, 2025, ICI sold 1,66,03,504 equity shares of Akzo Nobel India. Post this transaction, ICI’s stake in Akzo Nobel India stands at 9% of the total equity.

Transaction Details and Valuation

The off-market sale was executed on December 10, 2025, with intimation to the company on December 11, 2025. The total consideration for the disposed shares amounted to ₹4586,07,47,515. Out of this, ₹43,64,06,49,913.60 was paid upfront, with the remainder to be paid on a deferred basis. ICI has been declassified as a promoter, but continues to be a public shareholder.

Revised Shareholding

Prior to the sale, ICI held 2,07,00,529 equity shares, representing 45.46% of Akzo Nobel India. Following the disposal of shares, ICI now holds 4,097,025 equity shares, equivalent to 9% of the company’s equity.

Source: BSE