Grasim Industries has been assigned an ESG rating of 64 by NSE Sustainability Ratings and Analytics Limited for the financial year 2025. NSE Sustainability, a subsidiary of NSE Indices Limited, is a SEBI-registered Category 1 ESG Rating Provider. The ESG rating was assigned on December 9, 2025. The company has not engaged NSE Sustainability for the rating.

ESG Rating Assignment

Grasim Industries has received an ESG rating of 64 from NSE Sustainability Ratings and Analytics Limited. This rating is applicable for the financial year 2025.

Details of the Rating Provider

NSE Sustainability Ratings and Analytics Limited, a subsidiary of NSE Indices Limited, is a SEBI registered Category 1 – ESG Rating Provider. The official assignment date of the ESG rating was December 9, 2025.

Company’s Standpoint

Grasim Industries clarified that it did not engage NSE Sustainability for this ESG rating. NSE Sustainability has independently assigned the rating based on publicly available information and its own criteria.

Additional Information

Further details regarding the rating can be found on the company’s website.

Source: BSE

NSE Sustainability Ratings and Analytics Limited has upgraded Maruti Suzuki’s ESG rating to 73 (leadership category) in FY 2025, a significant improvement from 71 in FY 2024. The rating provider, a SEBI-registered entity, independently prepared the report based on publicly available data. Maruti Suzuki confirms that it has not engaged with NSE Sustainability Ratings for this ESG rating.

ESG Rating Upgrade

Maruti Suzuki India Limited has announced that NSE Sustainability Ratings and Analytics Limited, a SEBI-registered ESG rating provider, has upgraded the Company’s ESG rating.

Rating Details

The company’s ESG rating has been upgraded to 73, placing it in the leadership category, for FY 2025. This marks an improvement from the rating of 71 in FY 2024.

Independence of Assessment

Maruti Suzuki emphasizes that NSE Sustainability Ratings and Analytics Limited independently prepared the report. The assessment was based on data available in the public domain. Furthermore, the company confirms that it has not engaged with NSE Sustainability Ratings and Analytics Limited for this ESG rating.

Source: BSE

Eris Lifesciences has issued a clarification regarding a recent increase in the trading volume of its shares. The company stated that all material information is disclosed in a timely manner. The increase is purely due to market conditions and is not connected with any undisclosed information or pending announcements by the company. The company continues to adhere to all compliance requirements.

Response to Volume Increase Query

Eris Lifesciences has responded to a query from the exchange regarding a significant increase in its trading volume. The company’s response, dated December 10, 2025, addresses the exchange’s concerns and provides clarity on the matter.

Company Statement

Eris Lifesciences affirmed that all relevant information and announcements that could potentially impact the company’s operations and performance are disclosed promptly and accurately. These disclosures are made in accordance with regulations. The company stated that all relevant information is available in the public domain.

Market-Driven Fluctuation

The company explicitly stated that the recent increase in trading volume is attributable to prevailing market conditions. The increased activity is market-driven, independent of any internal factors, and the company has no control over market fluctuations. The company confirms that the volume change is not a result of insider trading.

Source: BSE

Mankind Pharma has received an Environmental, Social, and Governance (ESG) rating. The rating was assigned by NSE Sustainability Ratings and Analytics Limited (“NSE Sustainability”), a SEBI registered ESG Rating Provider. The ESG Rating of ’71’ has been assigned to the Company. Mankind Pharma has not engaged NSE Sustainability for the rating, and it was independently assigned for FY25 based on publicly available information.

ESG Rating Assigned

Mankind Pharma announced that it has received an Environmental, Social, and Governance (ESG) Rating of ’71’. The rating was assigned by NSE Sustainability Ratings and Analytics Limited (“NSE Sustainability”), which is a SEBI registered ESG Rating Provider.

Details of the Rating

The company clarified that it did not engage NSE Sustainability for this particular rating. The ESG rating for FY25 was independently assigned based on publicly accessible information. The announcement was officially made on December 10, 2025. Further details regarding the ESG rating are available on the company’s website.

Source: BSE

IDFC FIRST Bank has announced a meeting with analysts and institutional investors scheduled for December 16, 2025. The meeting, a part of Citi’s India Financials Tour 2025, will be held at the Citi Bank, First International Financial Centre, G-Block, Bandra Kurla Complex, Bandra East, Mumbai. The bank will use its investor presentation for Q2-FY26 during the meeting.

Analyst and Investor Meeting

IDFC FIRST Bank is hosting a meeting for analysts and institutional investors on December 16, 2025. This meeting is part of Citi’s India Financials Tour 2025.

Meeting Details

The meeting will take place at Citi Bank, First International Financial Centre, G-Block, Bandra Kurla Complex, Bandra East, Mumbai.

Investor Presentation

The bank will utilize the investor presentation prepared for Q2-FY26 during the meeting. The presentation is already available on the company’s website.

Source: BSE

Biocon has announced updates to the credit ratings of its debt instruments, as per a release dated December 9, 2025. India Ratings has assigned ratings of IND AA+/Stable/IND A1+ to bank loan facilities (INR 5,500 million) and IND A1+ to proposed commercial paper (INR 8,000 million). Additionally, ratings were withdrawn for non-convertible debentures (INR 10,700 million) and ratings were affirmed for bank loan facilities (INR 4,500 million) as IND AA+/Stable/IND A1+.

Credit Rating Actions

India Ratings has taken the following actions on Biocon’s debt instruments:

Bank Loan Facilities

For bank loan facilities with an issue size of INR 5,500 million, a rating of IND AA+/Stable/IND A1+ has been assigned.

Proposed Commercial Paper

For proposed commercial paper with an issue size of INR 8,000 million, a rating of IND A1+ has been assigned.

Non-Convertible Debentures

The rating for non-convertible debentures amounting to INR 10,700 million has been withdrawn, as the instrument has been paid in full, and a no-dues certificate has been received. This aligns with India Ratings’ policy on Withdrawal of Ratings.

Affirmed Bank Loan Facilities

The ratings for bank loan facilities of INR 4,500 million have been affirmed at IND AA+/Stable/IND A1+.

Source: BSE

Cipla announced that NSE Sustainability Ratings & Analytics Limited, has independently assigned the company an Environmental, Social, and Governance (ESG) Rating of 66 for FY 2024-25. The communication regarding the ESG rating was received on December 9, 2025, at 1516 hours IST. The rating reflects Cipla’s commitment to sustainable and responsible business practices.

ESG Rating Announcement

Cipla has received an Environmental, Social, and Governance (ESG) Rating from NSE Sustainability Ratings & Analytics Limited. The rating provider independently assessed Cipla’s ESG performance and assigned a rating of 66.

FY2024-25 Rating Details

The assigned ESG Rating of 66 is applicable for the fiscal year 2024-25. The company received the official communication from NSE Sustainability on December 9, 2025, at 1516 hours IST. This rating highlights Cipla’s ongoing efforts in integrating sustainable practices across its operations.

Source: BSE

Marico has been assigned an ESG rating of 78 for FY2025 by NSE Sustainability Ratings & Analytics. This rating places Marico in the ‘Leader’ category based on its Environmental, Social, and Governance performance. The company clarified that it did not engage NSE Sustainability for this assessment, and the rating was independently determined.

ESG Rating Achievement

Marico has received an ESG rating of 78 for FY2025 from NSE Sustainability Ratings & Analytics Limited, a SEBI registered ESG Rating Provider. The communication was received on December 9, 2025.

‘Leader’ Category

The FY2025 ESG rating of 78 places Marico in the ‘Leader’ category. This is based on the company’s performance regarding Environmental, Social, and Governance parameters.

Independent Assessment

Marico clarified that the ESG assessment was independently determined by NSE Sustainability. The company did not engage NSE Sustainability for this particular assessment.

Source: BSE

The High Court of Bombay has overturned an earlier arbitral award in favor of Rashtriya Chemicals and Fertilizers Limited (RCF) concerning a dispute with Thermax Limited. The original award related to damages from a gas turbine breakdown. RCF has been directed to refund ₹218.45 crore, plus interest. The company is reviewing its options to protect its interests.

Bombay High Court Ruling

In a recent decision, the High Court of Bombay has set aside an arbitral award initially granted in favor of Rashtriya Chemicals and Fertilizers Limited (RCF) in a dispute with M/s Thermax Limited. This order, dated December 9, 2025, reverses a previous ruling concerning damages sought by RCF following a breakdown of gas turbine generators.

Financial Implications

The court has directed RCF to refund the amount of ₹218,45,88,493/- (Rupees Two Hundred Eighteen Crore Forty-Five Lakh Eighty-Eight Thousand Four Hundred Ninety-Three only) previously deposited by Thermax, along with an annual interest of 6%. RCF has been granted a period of four weeks to explore available remedies.

Company Response

RCF is currently evaluating its next steps to safeguard its interests following this development. The initial dispute centered around the recovery of losses and damages related to the breakdown of two Gas Turbo Generators (GTGs). The company is expected to announce its course of action in the near future, following a comprehensive review of the court’s order.

Source: BSE

Adani Ports and Special Economic Zone Limited has been assigned an ‘Aspiring’ ESG rating by NSE Sustainability Ratings & Analytics. The company secured an ESG score of 66 for FY2025. NSE Sustainability independently prepared the rating based on available data. Adani Ports has not engaged NSE Sustainability for ESG Rating.

ESG Rating Update

Adani Ports and Special Economic Zone Limited (APSEZ) has received an Environmental, Social, and Governance (ESG) rating from NSE Sustainability Ratings & Analytics. The rating was officially assigned on November 11, 2024.

Key ESG Score

For the fiscal year 2025 (FY2025), Adani Ports achieved an ESG score of 66, placing it in the ‘Aspiring’ category. This assessment reflects the company’s performance and commitment to sustainable practices. The rating was determined independently by NSE Sustainability.

Transparency and Data

The ESG rating was independently prepared by NSE Sustainability Ratings & Analytics based on data available in the public domain. Adani Ports clarifies that it did not engage NSE Sustainability for the rating process, emphasizing the independent nature of the assessment.

Source: BSE