Bandhan Bank Limited will participate in meetings with analysts and institutional investors. The schedule includes a Citi India Financials Tour 2025 in Mumbai on December 17, 2025, and a meeting with investors in Kolkata on December 18, 2025. Presentation materials will be available on the bank’s website.

Upcoming Investor Engagements

Bandhan Bank is set to engage with analysts and institutional investors in a series of meetings. These interactions will provide an opportunity for the bank to share updates and insights on its performance and outlook.

Meeting Schedule

The following meetings are scheduled:

Date of the Event
Name of the Event
Nature
Mode
Place

December 17, 2025
Citi India Financials Tour 2025
Group Meeting
In-Person
Mumbai

December 18, 2025
Meeting with Investors
Group Meeting
In-Person
Kolkata

Further details, including presentation materials, will be available on Bandhan Bank’s official website.

Source: BSE

NLC India has formed a joint venture with PTC India to develop green energy projects, aiming for a capacity of up to 2000 MW. The agreement, signed on December 12, 2025, will focus on renewable energy sources, including solar, wind, and hydro. The initial phase targets around 500 MW, combining the strengths of both organizations for integrated green energy solutions.

Green Energy Partnership

NLC India Renewables Limited (NIRL), a subsidiary of NLC India Limited, and PTC India Limited have signed a Joint Venture Agreement (JVA) on December 12, 2025, to develop green energy projects. The collaboration aims to establish a significant presence in the renewable energy sector.

Key Participants

The signing ceremony included the presence of Shri Prasanna Kumar Motupalli, Chairman and Managing Director of NLC India Limited, and Dr. Manoj Kumar Jhawar, Chairman and Managing Director of PTC India Limited. The agreement builds upon a Memorandum of Understanding (MoU) signed on September 8, 2025.

Project Focus and Scope

The joint venture will focus on renewable energy projects, including solar, wind, hydro, battery energy storage systems, and green ammonia. The collaboration aims to develop a green energy capacity of up to 2000 MW, implemented in phases. The first phase will target approximately 500 MW. The JVC will enable both organizations to combine their strengths in project development, power trading, and renewable energy park creation.

Power Sales Strategy

The JVC will undertake power sales through competitive and regulated routes, targeting DISCOMs, government entities, and commercial & industrial consumers. This strategic approach will ensure a diversified customer base and stable revenue streams.

Source: BSE

PB Fintech has announced the grant of 18,782 stock options under its Employees Stock Option Plan 2021 (ESOP 2021) to eligible employees of its subsidiary. The Nomination and Remuneration Committee approved the grant on December 12, 2025. Each option allows allotment of one equity share with a face value of ₹2. No Key Managerial Personnel (KMPs) were included in the specific grant.

Stock Option Grant Details

On December 12, 2025, PB Fintech approved the grant of 18,782 stock options to eligible employees of its subsidiary under the PB Fintech Employees Stock Option Plan 2021 (ESOP 2021). This decision was made by the Nomination and Remuneration Committee (NRC).

Key Terms of the Grant

Each option, upon exercise, entitles the holder to the allotment of one equity share with a face value of ₹2. The exercise price is set at ₹1597.24 per option, calculated as 10% discount to the volume weighted average price of last three months preceding the grant date (December 11, 2025). The grant does not include any Key Managerial Personnel (KMPs) of the Company or its subsidiaries.

Vesting Schedule

The vested options can be exercised within five years from the date of respective year of vesting, according to the following schedule:

On completion of one year
20%

On completion of second year
20%

On completion of third year
20%

On completion of fourth year
20%

On completion of fifth year
20%

The stock options are exercisable upon written application by the employees and payment of the exercise price.

Source: BSE

India Ratings & Research has affirmed LTIMindtree’s credit ratings at ‘IND AAA/Stable’. The ratings were communicated via email on December 12, 2025. This reflects the agency’s continued confidence in the company’s financial stability and performance.

Credit Rating Confirmation

LTIMindtree’s credit ratings have been reaffirmed by India Ratings & Research. The agency has maintained its ‘IND AAA/Stable’ rating for the company’s long-term debt obligations.

Rating Details

The email, dated December 12, 2025, confirms the ratings at ‘IND AAA/Stable’ and ‘IND AAA/Stable/IND A1+’. This rating signifies a high degree of safety regarding timely servicing of financial obligations.

Source: BSE

Tata Consultancy Services (TCS) will host its Analyst Day 2025 webcast on December 17, 2025, at 04:00 PM (IST). A link to access the live webcast is provided. Information about the event is also available on the company’s website.

TCS Analyst Day 2025 Webcast Details

Tata Consultancy Services (TCS) has announced the details for its Analyst Day 2025 webcast. The live webcast is scheduled for December 17, 2025, at 04:00 PM (IST).

Accessing the Webcast

A dedicated link is available to access the live webcast. Further details and information can be found on the company’s website: www.tcs.com.

Source: BSE

ICRA Limited has placed JSW Steel’s ‘AA’ ratings on long-term bank facilities and non-convertible debentures on ‘Rating Watch with Positive Implications’. The ratings for short-term bank facilities and commercial papers remain at ICRA ‘A1+’. This action follows ICRA’s press release on December 12, 2025, reflecting potential improvements in JSW Steel’s financial risk profile due to strategic initiatives.

ICRA Revises Outlook

ICRA Limited announced on December 12, 2025, that the long-term credit ratings for JSW Steel have been placed on ‘Rating Watch with Positive Implications’. This revision impacts the ‘AA’ ratings assigned to the company’s long-term bank facilities and non-convertible debentures.

Ratings Reaffirmed

While the long-term ratings are under review for a potential upgrade, ICRA has affirmed the ratings for JSW Steel’s short-term bank facilities and commercial paper at ‘A1+’. This indicates ICRA’s continued confidence in the company’s short-term financial obligations.

Rationale for the Outlook Revision

The decision to place the long-term ratings on ‘Rating Watch with Positive Implications’ stems from ICRA’s expectation of an improvement in JSW Steel’s financial risk profile, largely due to a strategic 50:50 joint venture with JFE Steel Corporation, as announced on December 3, 2025. This partnership includes the transfer of Bhushan Power and Steel Limited (BPSL) into the joint venture, resulting in significant cash inflows and deleveraging of JSW Steel’s balance sheet. ICRA anticipates further improvements in JSW Steel’s leverage and liquidity profile.

Impact of JFE Steel Corporation Partnership

The partnership with JFE Steel Corporation will not only provide financial benefits but is also expected to enhance JSW Steel’s technological expertise and enable the production of higher-value-added steel products. ICRA believes this strategic alliance will further strengthen JSW Steel’s market position.

Revised Credit Ratings Details

The following table details the specific credit rating actions taken by ICRA for non-convertible debentures issued by JSW Steel:

Source: BSE

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