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 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 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 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 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 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

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

Biocon’s board has approved the acquisition of equity shares of Biocon Biologics Limited (BBL) from multiple selling shareholders. This will be executed through a share swap and cash consideration. Additionally, the board greenlit a fund raise of up to ₹4,500 Crores. Also approved was an increase in authorized share capital and the issuance of commercial papers up to ₹1,800 Crores.

Biocon to Acquire Biocon Biologics Limited Shares

The Board of Directors has given the go-ahead for the acquisition of equity shares of Biocon Biologics Limited (BBL) from Mylan Inc., Serum Institute Life Sciences Private Limited, Tata Capital Growth Fund II, and Activ Pine LLP. This transaction is subject to necessary approvals, permissions, and sanctions.

Details of the Acquisition

The acquisition involves a combination of share swap and cash consideration. Biocon will issue 17,12,79,553 equity shares on a preferential basis to the selling shareholders, amounting to ₹6,950 Crores. Additionally, a cash payment of USD 400 million will be made to Mylan Inc.

Fund Raising Approval

The Board has also approved raising funds up to ₹4,500 Crores through the issuance of various instruments, including equity shares and non-convertible debt instruments. These funds will primarily be used for cash consideration payable to Mylan.

Increase in Authorized Share Capital

The authorized share capital of the company will be increased from ₹7,00,00,00,000 to ₹9,00,00,00,000, divided into 1,80,00,00,000 equity shares of ₹5 each. This is subject to shareholder approval.

Issuance of Commercial Papers

To manage interim cash remittance to Mylan, the board has approved the issuance of Commercial Papers for an amount up to ₹1,800 Crores.

Extra-Ordinary General Meeting

An Extra-Ordinary General Meeting (EGM) of shareholders is scheduled for December 31, 2025, to seek approval for the matters.

Source: BSE