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APL Apollo: Neeru Abrol Completes Tenure as Independent Director

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Ms. Neeru Abrol has completed her second term as an Independent Director at APL Apollo, effective September 15, 2025. She served two consecutive five-year terms. The Board expressed its gratitude for her contributions to the company during her tenure. Further details are available in the company’s official statement.

Independent Director Transition

APL Apollo Tubes Limited announced that Ms. Neeru Abrol (DIN: 01279485) has completed her tenure as a Non-Executive – Independent Director. Her departure took effect on September 15, 2025.

Tenure Details

Ms. Abrol concluded her second term of five (5) consecutive years as an Independent Director during the 40th Annual General Meeting held on September 15, 2025. Following this meeting, she ceased to be an Independent Director.

Board’s Appreciation

The Board members conveyed their appreciation for Ms. Abrol’s contributions to the company during her service. They expressed sincere gratitude for her tenure on the Board.

Source: BSE

SRF Limited: Varun Kapoor Resigns as Vice President, Strategy & New Initiatives

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Varun Kapoor has resigned from his position as Vice President, Strategy and New Initiatives at SRF Limited, effective at the close of business hours on September 15, 2025. Kapoor’s cessation concludes his tenure as a Senior Management Personnel within the company, marking a change in leadership for strategic initiatives. The resignation was tendered on July 9, 2025.

Leadership Transition

SRF Limited announced the resignation of Varun Kapoor from his role as Vice President, Strategy and New Initiatives. The resignation takes effect at the close of business hours on September 15, 2025. With his departure, Kapoor will no longer be a Senior Management Personnel of the company.

Reason for Departure

Kapoor tendered his resignation on July 9, 2025, signaling a change in leadership within SRF’s strategic division. This decision leads to an adjustment in the organizational structure, impacting the strategic planning and new initiative development within the company. SRF Limited has acknowledged his contribution during his tenure.

Effective Date

The effective date of cessation is set for September 15, 2025. This marks the end of Varun Kapoor’s role as Vice President, Strategy and New Initiatives. The company is expected to announce plans for filling this role in the near future.

Source: BSE

Canara Bank: Pays 7.99% Coupon on Basel III Additional Tier 1 Bonds

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Canara Bank has confirmed the successful payment of the annual interest coupon of 7.99% on its Non-Convertible, Taxable, Perpetual, Subordinated, Fully Paid Up, Unsecured Basel III Compliant Additional Tier 1 Bonds. The interest payment, totaling ₹159.80 Crore, was made on September 15, 2025, to bondholders’ bank accounts. The ISIN for these bonds is INE476A08183.

Annual Interest Payment

Canara Bank announced that the annual interest payment on its Non-Convertible, Taxable, Perpetual, Subordinated, Fully Paid Up, Unsecured Basel III Compliant Additional Tier 1 Bonds has been successfully completed. The coupon rate for these bonds is 7.99%, and the interest amount was due on September 15, 2025.

Key Details of the Interest Payment

The specifics of the interest payment are as follows:

  • ISIN: INE476A08183
  • Issue Size: ₹2000,00,00,000
  • Interest Amount Paid: ₹159,80,00,000
  • Frequency: Annually
  • Interest Payment Record Date: 30/08/2025
  • Due Date of Payment: 15/09/2025
  • Actual Date of Payment: 15/09/2025
  • Last Interest Payment Date: 17/09/2024

Additional Information

The annual interest amount of ₹159,80,00,000 was credited to the bondholders’ bank accounts on September 15, 2025, via RTGS/NEFT/IBA/DD mode, as per the terms of the bond issue.

Source: BSE

[Computer Age Management Services]: Shareholding Update – September 15, 2025

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FIL Technology (Dalian) Limited reports a change in its shareholding of Computer Age Management Services (CAMS). The firm reduced its shareholding by (959,623) shares, which accounts for approximately -2.01%. After this transaction, the total shareholding stands at 3,992,459 shares, representing 8.07% of the total capital. The transactions included open market trades and inter-se transfers between February 21, 2024, and September 11, 2025.

Shareholding Disclosure

FIL Technology (Dalian) Limited has disclosed changes in its shareholding in Computer Age Management Services Limited (CAMS). The disclosure, dated September 15, 2025, outlines transactions that have altered the company’s holdings in CAMS.

Details of Shareholding Change

As per the regulatory filing, the disposal involved (959,623) shares, decreasing the shareholding by -2.01%. This includes sales and transfers between various entities associated with FIL Technology (Dalian) Limited, impacting the overall percentage of voting rights held.

Post-Transaction Shareholding

Following the reported transactions, the total number of shares held by FIL Technology (Dalian) Limited in CAMS is 3,992,459. This represents 8.07% of the total equity share capital/total voting capital of CAMS after the transactions.

Transaction Details

The transactions included open market disposals amounting to 868,156 shares and inter-se transfers of 91,467 shares. These transactions occurred between February 21, 2024, and September 11, 2025.

Capital Structure

The equity share capital/total voting capital of CAMS was 49,143,119 before the mentioned acquisition/sale. Following the acquisition/sale, the equity share capital/total voting capital stands at 49,474,767.

Funds Involved

Several funds under the management of FMR LLC and FIL Limited were involved in these transactions, including:

  • Fidelity Emerging Markets Fund with 1,378,600 shares
  • Strategic Advisers Fidelity Emerging Markets Fund with 470,400 shares
  • Fidelity International Discovery Fund with 828,700 shares
  • Fidelity Emerging Asia Fund with 299,371 shares

Source: BSE

Cochin Shipyard: Appointments to Senior Management Announced

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Cochin Shipyard Limited has announced the appointment of several officials to Senior Management positions, effective September 15, 2025. The promotions recognize the contributions of individuals across various departments, including Technical, Materials, and Ship Repair, and are expected to strengthen the company’s leadership team.

Senior Leadership Changes

Cochin Shipyard Limited has elevated several experienced professionals to the level of General Manager (E7 Level), marking a significant strengthening of its senior management team. These appointments reflect the company’s commitment to recognizing and promoting talent from within its ranks.

Newly Appointed Senior Management

The following individuals have been appointed as Senior Management Personnel:

Shri Sreekumar Raja C A

Designated as General Manager (Technical), Shri Sreekumar Raja C A, aged 57, holds an M.Tech in Power Electricity and brings 33 years of experience to the role. His expertise spans Utilities & Maintenance, Ship Repair Materials, and Project Planning.

Shri A Vettriselvan

Appointed as General Manager (Materials), Shri A Vettriselvan, aged 54, possesses a B.Tech (Mechanical) and an MBA, with approximately 29 years of experience in areas such as Shipbuilding Materials and Steel.

Shri Nagesh Krishna Moorthy

Taking on the role of General Manager (OSD-BD SB), Shri Nagesh Krishna Moorthy, aged 53, is an M.Tech (Mechanical) graduate with about 25 years of experience, particularly in Business Development and IQC.

Shri Sanil Peter

Named General Manager (Ship Repair), Shri Sanil Peter, aged 48, is a B.Tech (Naval and Shipbuilding) graduate with a Diploma in Business Management. He has around 25 years of experience and his expertise includes Ship Design and Ship Repairs.

Shri Jathesh Chandra Gopinathan

Serving as General Manager (Basic Design), Shri Jathesh Chandra Gopinathan, aged 52, holds a B.Tech (Naval and Shipbuilding) degree. He has an experience of nearly 29 years in the fields of Design and Defense Project Management.

Shri Suresh Babu V

Appointed as General Manager (Defence Projects I), Shri Suresh Babu V, aged 58, has B.E (Electrical) qualification with around 34 years of experience. He has expertise in Electrical and Defense Projects.

Shri Anoop Das

Designated as General Manager (QC & T), Shri Anoop Das, aged 52, with an M.Tech (Mechanical) qualification has nearly 26 years of experience. He has expertise in Quality Control and Testing.

Shri Binoj Shankar

Named General Manager (Design), Shri Binoj Shankar, aged 50, holds a B.Tech (Electrical & Electronics) degree and has experience of more than 22 years in Accommodation Outfit and Electrical Design.

Source: BSE

Natco Pharma: Promoter Group Member Disposes Shares

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A member of Natco Pharma’s promoter group, Satya Vani Nannapaneni, has disposed of 17,149 equity shares of the company. The transaction, executed between September 8, 2025, and September 10, 2025, resulted in a change in shareholding. The total shares held after disposal are 4,02,851, representing 0.22% of the total share/voting capital.

Promoter Share Disposal

Satya Vani Nannapaneni, a member of the promoter group of Natco Pharma, has sold shares in the open market. This disposal was executed between September 8, 2025, and September 10, 2025.

Details of the Transaction

The transaction involved the sale of 17,149 equity shares. The total value of shares disposed of amounted to ₹1,45,19,670.43. After this transaction, the promoter group member now holds 4,02,851 equity shares. This represents 0.22% of the company’s total share/voting capital.

Shareholding Post-Disposal

Following the disposal, the total number of shares held by Satya Vani Nannapaneni stands at 4,02,851, equating to 0.22% of the total equity. The transaction was conducted through the open market route.

Source: BSE

Minda Corporation: Issues Commercial Paper Aggregating INR 100 Crores

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Minda Corporation Limited has announced the issuance and allotment of Commercial Paper aggregating to INR 100 crores. The commercial paper has been listed on National Stock Exchange of India, with a discount rate of 6.30% p.a. The date of issue is September 15, 2025, and the date of redemption is set for December 12, 2025. The face value per security is INR 5,00,000/-.

Commercial Paper Issuance

Minda Corporation Limited has issued and allotted Commercial Paper aggregating to an amount of INR 100 crores. Details of the issuance are as follows:

Key Details of the Commercial Paper

Size of the issue: INR 100 crores
Date of Issue: September 15, 2025
Date of Redemption: December 12, 2025
Face Value per security: INR 5,00,000/-
Discount Rate: 6.30% p.a.

The issued Commercial Paper has been listed on National Stock Exchange of India as of September 15, 2025.

Source: BSE

AIA Engineering: Appoints Secretarial Auditor for Five-Year Term

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AIA Engineering has appointed Tushar Vora & Associates as its Secretarial Auditor for a term of five consecutive years, commencing on April 1, 2025. The appointment was approved by shareholders at the company’s 35th Annual General Meeting (AGM). This decision ensures continued compliance and regulatory oversight for the company.

Secretarial Auditor Appointment

AIA Engineering has officially announced the appointment of Tushar Vora & Associates, Company Secretaries, Ahmedabad, as their Secretarial Auditor. This appointment was ratified by shareholders during the 35th AGM.

Term and Effective Date

The tenure for Tushar Vora & Associates begins on April 1, 2025, and will continue for five consecutive years. This long-term appointment aims to provide consistent and reliable secretarial audit services to the company.

About Tushar Vora & Associates

Tushar Vora & Associates is a practicing company secretary firm based in Ahmedabad, known for its extensive experience of over three and a half decades. The firm offers a spectrum of corporate, secretarial, regulatory, and compliance services related to corporate and securities laws.

Source: BSE

AIA Engineering: Udayan Dileep Choksi Appointed as Independent Director

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AIA Engineering announces the appointment of Udayan Dileep Choksi as an Independent Director, effective September 20, 2025. Shareholders approved the appointment at the company’s 35th Annual General Meeting. Choksi, a Chartered Accountant and Lawyer with 25 years of experience, satisfies the criteria for independence. The appointment is for a five-year term.

Independent Director Appointment

Udayan Dileep Choksi has been appointed as an Independent Director of AIA Engineering for a term of five years, effective September 20, 2025. The shareholders approved this appointment at the 35th Annual General Meeting.

New Director’s Qualifications

Udayan Dileep Choksi is a qualified Chartered Accountant and Lawyer, bringing nearly 25 years of experience to the role. His areas of expertise include GST, pre-GST taxes, Customs, and International Trade.

Choksi’s Background

Mr. Choksi advises multinational corporations and major Indian businesses on tax matters related to business models, supply chains, and contracts. He also assists in investigations and represents clients in tax litigation. He is actively involved in tax policy initiatives and is a member of prominent business and professional chambers. Mr. Choksi is a Partner at Veritas Legal.

Independence Confirmation

The company confirms that Udayan Dileep Choksi meets the criteria for independence and has no relationships with other directors on the Board.

Source: BSE

Godawari Power & Ispat: Board to Consider Fundraising on September 18, 2025

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The Board of Directors of Godawari Power & Ispat is scheduled to meet on September 18, 2025, to consider a proposal for raising funds. This may involve the issuance of securities, equity shares, or warrants. The company has also announced a trading window closure effective September 15, 2025, until September 20, 2025.

Fundraising Proposal Consideration

Godawari Power & Ispat has announced that a meeting of its Board of Directors will take place on September 18, 2025. The primary agenda is to consider a proposal for raising funds. This announcement was made on September 15, 2025.

Details of Potential Fundraising

The potential fundraising may involve the issuance of preferential securities, equity shares, or warrants. The determination of the issue price will be subject to regulatory and statutory approvals.

Trading Window Closure

In accordance with the company’s code of conduct for insider trading, the trading window will be closed from September 15, 2025, until September 20, 2025. This closure extends for 48 hours after the board meeting concludes on September 18, 2025.

Source: BSE