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Shree Cement Shailesh Ambastha Appointed as Chief Logistics Officer

Shree Cement has announced the appointment of Shailesh Ambastha as the new Chief Logistics Officer, effective December 8, 2025. Previously holding the position of President – Sales, Mr. Ambastha will now oversee the company’s logistics operations as a Senior Management Person. This change aims to strengthen Shree Cement’s supply chain and optimize its logistics strategy.

Leadership Change in Logistics

Shree Cement announced that Mr. Shailesh Ambastha has been appointed as the new Chief Logistics Officer, effective December 8, 2025. This move designates him as a Senior Management Person within the company.

Role Transition

Mr. Ambastha, who previously held the position of President – Sales, will now assume responsibility for the company’s logistics operations. This appointment reflects Shree Cement’s focus on optimizing its supply chain and logistics strategies.

Effective Date

The change in role for Mr. Shailesh Ambastha is effective as of December 8, 2025, marking a new chapter in his leadership within Shree Cement.

Source: BSE

Aster DM Healthcare Monthly Report on Special Window Re-Lodgement of Shares – October 2025

Aster DM Healthcare has submitted its monthly report for October 2025 regarding the special window re-lodgement of shares. The report, pursuant to SEBI circular, summarizes physical share transfer requests received from M/s. MUFG Intime India Private Limited. The report indicates that there were Nil requests received, processed, approved, or rejected during the month. The average time taken for processing the requests was NA.

October 2025 Report Summary

Aster DM Healthcare has released its monthly report on the special window re-lodgement of shares for October 2025. This report compiles the data regarding physical share transfer requests. The details are as follows:

Key Report Details

For the month of October 2025:

  • No. of requests received: Nil
  • No. of requests processed: Nil
  • No. of requests approved: Nil
  • No. of requests rejected: Nil
  • Average time taken for processing: NA

Source: BSE

IndiGo Operations Return to Normal with Over 1800 Daily Flights

IndiGo announces a return to normalcy, now operating over 1800 flights daily after recent disruptions. The airline has significantly improved its on-time performance to 91%. IndiGo has refunded INR 827 crores to customers and is working to complete remaining refunds. Stranded customers received assistance including 9,500 hotel rooms and 10,000 cabs/buses between December 1st and 7th, 2025.

Operational Recovery

IndiGo has successfully restored its network, now operating over 1800 flights daily. This marks a significant improvement following recent disruptions. The airline is reconnecting all stations and has optimized operations to minimize cancellations.

Key Operational Metrics

The airline’s on-time performance (OTP) has risen to 91% across the network. This represents a substantial increase from approximately 75% the previous day. All planned cancellations for today were executed the day before, ensuring customers received advance notification.

Customer Support and Refunds

IndiGo has already processed INR 827 crores in refunds, with the remaining refunds currently being processed for cancellations up to December 15, 2025. The airline also provided assistance to stranded passengers, including arranging over 9,500 hotel rooms and approximately 10,000 cabs/buses between December 1st and 7th, 2025.

Additional Support Initiatives

Over 4500 bags have been delivered to customers, and IndiGo aims to deliver the remaining bags within the next 36 hours. The airline is also assisting over 2 lakh customers daily through various communication channels.

Flight Status and Assistance

Customers are encouraged to check their flight status on the IndiGo website before heading to the airport. Refund assistance is available online or through customer support.

Source: BSE

Siemens To Sell Low Voltage Motors Business for ₹22 Billion

Siemens Limited will sell its Low Voltage Motors business to Innomotics India Private Limited for a cash consideration of ₹22 billion. The deal, structured as a slump sale, includes designs, research, development, and sales of low-voltage AC motors. The transaction is expected to close within 6-8 months, pending regulatory approvals. This decision enables Siemens to optimize its portfolio as a strategic lever.

Divesting Motors Segment

Siemens Limited has approved the sale and transfer of its Low Voltage Motors segment to Innomotics India Private Limited, a subsidiary of Innomotics GmbH. The business includes design, research, development, and sales of low-voltage AC motors, geared low-voltage motors, customer services, and spare parts.

Deal Terms and Rationale

The sale will be executed as a slump sale for a cash consideration of ₹22 billion (Indian Rupees Twenty-Two Billion), on a cash-free, debt-free basis, subject to mutually agreed adjustments. The decision to sell the business comes after considering the limited synergies with Siemens’ other operations. The company will focus on further strengthening its position as a leading technology-focused company.

Closing Timeline

The transaction is subject to customary conditions precedent, including receipt of requisite regulatory and statutory approvals. The company expects the sale to close in 6 to 8 months from December 8, 2025.

Financial Details

For the twelve months ended September 30, 2025, the Low Voltage Motors business recorded revenue from operations of ₹9.67 billion and profit from operations of ₹0.35 billion. This represented 6% of Siemens’ revenue from operations and 2.2% of profit from operations (excluding the Energy business which got demerged effective March 1, 2025).

Strategic Alignment

The sale aligns with Siemens’ strategy to optimize its portfolio and focus on high-growth technology areas. The company said the deal will enable it to optimize its portfolio as a strategic lever, creating value and cash for the Company. Given that Innomotics GmbH already controls the intellectual property rights for the motors business, this divestiture is a logical step.

Source: BSE

RR Kabel Vivek Abrol Resigns as Chief Executive Officer – FMEG Business

RR Kabel has announced the resignation of Mr. Vivek Abrol, Chief Executive Officer – FMEG Business. Mr. Abrol’s resignation, tendered for better career prospects, has been accepted by the company. The resignation will be effective from the close of business hours on January 15, 2026. This change impacts the senior management structure of RR Kabel, as disclosed in a regulatory filing.

Senior Management Change

RR Kabel has announced a change in its senior management team. Mr. Vivek Abrol, who held the position of Chief Executive Officer (CEO) for the FMEG (Fast Moving Electrical Goods) Business, has tendered his resignation.

Reason for Departure

According to the company’s official statement, Mr. Abrol’s decision to resign was motivated by his pursuit of better career opportunities and prospects outside of RR Kabel.

Effective Date

The resignation of Mr. Vivek Abrol will officially take effect from the close of business hours on January 15, 2026. This marks the end of his tenure as CEO of the FMEG Business at RR Kabel.

Official Announcement

The company formally announced Mr. Abrol’s resignation on December 8, 2025, confirming that the management has accepted his decision. The announcement was made to comply with disclosure requirements following Mr. Abrol’s resignation letter dated December 2, 2025.

Source: BSE

Sammaan Capital Timely Interest Payment on Secured Debentures

Sammaan Capital Limited has affirmed the timely payment of interest on its Secured Redeemable Non-Convertible Debentures. The announcement, dated December 8, 2025, confirms that the company has fulfilled its interest payment obligations for multiple series of debentures listed on the National Stock Exchange of India and the BSE Limited. The interest was paid on December 8, 2025, for all debenture series.

Interest Payment Confirmation

Sammaan Capital Limited has announced the timely payment of interest for its Secured Redeemable Non-Convertible Debentures. This confirms the company’s adherence to its financial commitments for listed debentures. The interest payment, which was due on December 9, 2025, with a record date of November 24, 2025, was successfully processed on December 8, 2025.

Details of Debenture Interest Payments

The following table summarizes the details of the interest payments made for different ISINs:

ISIN Issue Size (INR lacs) Interest Amount (INR lacs) Interest Paid (INR lacs)
INE148I07QM0 15.00030 0.11122 0.11122
INE148I07QK4 639.6061252 5.01612 5.01612
INE148I07QS7 300 2.28083 2.28083
INE148I07QT5 921.048 7.40453 7.40453
INE148I07QX7 213.334008 1.77372 1.77372
INE148I07RA3 24.80 0.19976 0.19976
INE148I07RB1 1132.664 9.74512 9.74512

The frequency of interest payment is monthly for all ISINs, with no changes reported in the payment structure.

No Redemption Details Available

The announcement specifies that there are no details of redemption to report at this time.

Source: BSE

CESC Limited Certificate Under SEBI Regulations for November 2025

CESC Limited has announced the issuance of a certificate dated December 8, 2025, confirming compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate covers the month ended November 30, 2025, and was provided by MUFG Intime India Private Limited, the Registrar and Share Transfer Agent for CESC.

Compliance Confirmation

CESC Limited has received a certificate confirming adherence to regulatory requirements related to handling of dematerialized securities. This certificate, dated December 8, 2025, is in accordance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

Certificate Details

The certificate, which pertains to the month ended November 30, 2025, was issued by MUFG Intime India Private Limited. The document confirms that all securities received for dematerialization during the specified period have been duly processed.

MUFG Intime’s Assurance

MUFG Intime India Private Limited has confirmed that all securities received from depository participants for dematerialization during November 2025, have been confirmed or rejected and that the certificates have been listed on the stock exchanges.

They also confirmed that the security certificates received for dematerialisation have been confirmed/rejected and the security certificates received were mutilated and cancelled after due verification. The name of the depositories have been substituted in the register of members as the registered owner.

Source: BSE

Piramal Pharma Limited Appoints Amit Soni as Independent Director

Piramal Pharma Limited has appointed Mr. Amit Soni as an Independent Director, effective February 9, 2026, for a term of five consecutive years, subject to shareholder approval. Mr. Soni, with DIN: 05111144, is a Non-Executive Director and is not liable to retire by rotation. The appointment is based on the recommendation of the Nomination and Remuneration Committee.

Independent Director Appointment

Piramal Pharma Limited has announced the appointment of Mr. Amit Soni as an Independent Director to their board. This appointment is scheduled to take effect on February 9, 2026, and will continue for a term of five consecutive years, pending shareholder approval.

Key Details of Appointment

Based on the announcement, Mr. Soni will serve as a Non-Executive, Independent Director. He bears the Director Identification Number (DIN): 05111144. The decision to appoint Mr. Soni follows a recommendation from the Nomination and Remuneration Committee, ensuring a thorough and compliant selection process.

Mr. Soni’s Background

Prior to joining Piramal Pharma, Mr. Soni was a Partner at CVC Capital. He has over two decades of experience partnering with founders, management teams, business families and the Government. He also spent 9 years with General Atlantic. Mr. Soni holds an MBA from The Wharton School and a Bachelor of Technology degree in Electrical Engineering from IIT Delhi.

Source: BSE

Nuvama Board Approves Stock Split, Record Date Set for December 26, 2025

Nuvama has announced a stock split, with the record date set for December 26, 2025. The company’s board approved splitting each existing share of face value Rs. 10 into five shares of face value Rs. 2. This decision aims to enhance liquidity and make the shares more accessible to smaller investors. The stock split was approved by the members of the company on December 7, 2025.

Stock Split Details

Nuvama has officially announced a stock split, following approval from its Board of Directors. Each existing equity share with a face value of Rs. 10 will be subdivided into five equity shares, each with a face value of Rs. 2. The company conveyed this decision in a formal announcement on December 8, 2025.

Record Date Announced

The record date for the stock split has been fixed as December 26, 2025. This is the date that will determine the eligibility of shareholders for the stock split. The company formally approved this record date following a resolution passed on December 7, 2025. The stock split is anticipated to increase investor participation.

Source: BSE

Indus Towers Timely Payment of Interest and Principal on Debentures

Indus Towers has confirmed the timely payment of interest and principal repayment on its Non-Convertible Debentures. The interest, amounting to ₹30,58,15,068/-, was paid on December 5, 2025, due to the original due date of December 7, 2025 falling on a Sunday. This adheres to SEBI guidelines, ensuring payments are processed promptly. The company has fully redeemed the debentures of issue size ₹3,75,00,00,000/-.

Debenture Redemption and Interest Payment

Indus Towers has successfully made timely payments of both interest and principal on its Non-Convertible Debentures, affirming its financial commitment. The details of the interest payment are outlined below:

Key Details of Interest Payment

The interest amount paid was ₹30,58,15,068/-. The original due date for the interest payment was December 7, 2025, which fell on a Sunday. Consequently, the payment was executed on the preceding business day, December 5, 2025. This approach aligns with the guidelines stipulated in the SEBI Master Circular. The frequency of interest payment is annual.

Debenture Details

The ISIN for the debenture is INE121J08020. The initial issue size of the debentures was ₹3,75,00,00,000/-. The full amount has been redeemed on December 5, 2025.

Full Redemption

Indus Towers has fully redeemed its debentures, amounting to ₹375 Crores on December 5, 2025, against a due date of December 7, 2025. The last interest payment prior to redemption was made on December 9, 2024.

Source: BSE