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UltraTech Cement Board to Consider Financial Results on January 24, 2026

UltraTech Cement has announced that its Board of Directors will convene on January 24, 2026, to review and approve the Standalone and Consolidated Unaudited Financial Results for the quarter and nine months ending December 31, 2025. In light of this, the trading window for company securities will be closed for designated persons from January 1, 2026, until 48 hours after the results are announced.

Board Meeting Scheduled

The Board of Directors of UltraTech Cement is set to meet on Saturday, January 24, 2026. The primary agenda is to consider and approve the company’s Standalone and Consolidated Unaudited Financial Results.

Financial Results Review

The board will specifically be reviewing the financial results for the quarter and nine months that concluded on December 31, 2025. These results are classified as “financial results” within the announcement.

Trading Window Closure

In compliance with the company’s code of conduct, the trading window for dealing in UltraTech Cement securities will be closed for all connected/designated persons and their immediate relatives. This closure will be effective from January 1, 2026 and will remain in effect until 48 hours after the financial results are publicly announced, concluding on January 26, 2026 (inclusive of both days).

Source: BSE

Coal India Provisional Production and Offtake Performance for November 2025

Coal India Limited (CIL) has released its provisional production and offtake performance for November 2025 and the period from April to November 2025. CIL’s production reached 68.0 million tonnes in November, with a total of 453.5 million tonnes produced between April and November. Offtake figures show 62.7 million tonnes for November and 478.9 million tonnes for the eight-month period.

November 2025 Production Overview

Coal India Limited (CIL) reports a total coal production of 68.0 million tonnes (MT) for the month of November 2025. This represents a 1.2% increase compared to the same period last year. Subsidiary companies contributed to this output. The period from April to November 2025 shows a cumulative production of 453.5 MT, slightly lower by 3.7% compared to last year.

November 2025 Offtake Performance

The offtake, or coal dispatch, for November 2025, reached 62.7 MT, marking a slight decrease of 0.3% compared to the previous year. For the period spanning April to November 2025, the total offtake was 478.9 MT, showing a 2.0% decrease year-over-year.

Subsidiary Performance Highlights

Here’s a breakdown of coal production and offtake by subsidiary for both November 2025 and the period of April-November 2025:

Coal Production (Million Tonnes)

Subsidiary November 2025 April-November 2025
ECL 4.3 28.3
BCCL 2.9 21.4
CCL 7.4 42.6
NCL 11.9 93.3
WCL 5.1 33.5
SECL 15.8 100.6
MCL 20.5 133.7
NEC 0.02 0.1
CIL (Total) 68.0 453.5

Coal Offtake (Million Tonnes)

Subsidiary November 2025 April-November 2025
ECL 3.4 29.4
BCCL 2.9 22.9
CCL 6.6 45.6
NCL 11.3 90.7
WCL 5.1 38.2
SECL 15.6 112.8
MCL 17.9 139.1
NEC 0.0 0.1
CIL (Total) 62.7 478.9

Source: BSE

Home First Finance Government Pension Fund Global Increases Stake

Government Pension Fund Global (GPFG) has increased its stake in Home First Finance Company India Ltd. The acquisition involved 32,067 shares, resulting in a total holding of 5,206,849 shares. Following this transaction, GPFG’s stake in the company has increased to 5.0245% of the total share/voting capital. The acquisition was executed through open market purchases on November 28, 2025.

GPFG Increases Investment in Home First Finance

Government Pension Fund Global (GPFG) has increased its investment in Home First Finance Company India Ltd through open market purchases. This acquisition signals confidence in the company’s future prospects.

Details of the Acquisition

On November 28, 2025, GPFG acquired 32,067 shares of Home First Finance. This transaction increased their total holding to 5,206,849 shares. The acquisition was conducted through open market purchases, reflecting a direct investment strategy.

Post-Acquisition Holding

Following the acquisition, GPFG’s stake in Home First Finance has risen to 5.0245% of the total share/voting capital. The total equity share capital/ total voting capital of the TC after the said acquisition/sale is 103,629,486.

Source: BSE

Bank of India Redemption of Basel III Tier 2 Bonds

Bank of India announces the redemption of its Basel III compliant Tier 2 bonds on the maturity date, December 31, 2025. The record date for the redemption is set for December 16, 2025. The total issued amount for redemption is ₹3,000 Cr. Trading of the bond will be suspended between the record date and the redemption date.

Bond Redemption Announcement

Bank of India has announced the redemption of its Basel III compliant Tier 2 bonds. This redemption will occur on the bond’s maturity date. The issued amount for this bond is ₹3,000 Cr.

Key Dates

The due date for interest and redemption is December 31, 2025. The record date, which is important for determining eligible bondholders, is set for December 16, 2025. This date is crucial for bondholders looking to receive their redemption amount.

Trading Suspension

The trading of the mentioned bond will be suspended from December 16, 2025 to December 31, 2025. This suspension is in place between the record date and the final redemption date to ensure a smooth and orderly redemption process. Upon payment, the bank’s liability to the bondholders will cease.

Source: BSE

Eicher Motors Royal Enfield Sales Rise 22% in November 2025

Royal Enfield, a unit of Eicher Motors, announced a 22% increase in motorcycle sales for November 2025, with total sales reaching 1,00,670 units compared to 82,257 units in the same month last year. Exports for the month stood at 10,265 motorcycles. The company also celebrated its 125th anniversary of Pure Motorcycling at EICMA 2025, unveiling new models and editions.

Strong Sales Performance

Royal Enfield reported total motorcycle sales of 1,00,670 units in November 2025, marking a 22% increase compared to the 82,257 units sold in November 2024. Domestic sales reached 90,405 units, a 25% increase year-over-year. Exports accounted for 10,265 units. Year-to-date sales have also seen significant growth.

Sales Breakdown

Here’s a closer look at the sales figures:

Models with engine capacity up to 350cc: 90,312 units sold in November 2025, a 27% increase from 71,261 units in November 2024. Year-to-date, sales reached 7,10,796 units.

Models with engine capacity exceeding 350cc: 10,358 units sold in November 2025. Year-to-date, sales reached 1,06,728 units.

EICMA 2025 Highlights

Royal Enfield celebrated 125 years of Pure Motorcycling at EICMA 2025, showcasing a blend of tradition and innovation. Key highlights included the unveiling of the new Bullet 650, the Classic 650 125th Anniversary Special Edition, and the Himalayan Mana Black Edition.

Motoverse 2025 Concludes

The 2025 edition of Motoverse in Goa concluded, bringing together riders and enthusiasts from around the globe. The event featured product showcases, racing action, workshops, and musical performances.

Himalayan Mana Black Edition Launch

Royal Enfield launched the Himalayan Mana Black Edition, featuring a Stealth Black finish and adventure-ready configuration. The motorcycle is priced at INR 3,37,000 (ex-showroom) across India.

Source: BSE

Usha Martin Ltd Rajeev Jhawar Increases Stake with 5,000 Share Purchase

Rajeev Jhawar has increased his stake in Usha Martin Ltd. through the acquisition of 5,000 equity shares. This acquisition, executed via open market purchase, has slightly increased his holdings, resulting in a total of 41,35,000 shares. The transaction occurred on December 1, 2025. The details of this transaction, along with previous and current holdings, have been disclosed.

Shareholding Update

Rajeev Jhawar has acquired an additional 5,000 equity shares of Usha Martin Ltd., according to a recent disclosure. This transaction has adjusted the overall shareholding, as detailed in the regulatory filing. The acquisition took place on December 1, 2025, via open market purchase.

Details of Acquisition

Prior to this acquisition, Rajeev Jhawar held 41,30,000 shares, representing 1.36% of the total equity. Following the purchase of the additional 5,000 shares, the total holding now stands at 41,35,000 shares, still representing 1.36% of the equity share capital. This acquisition was made through the National Stock Exchange (NSE) via open market.

Summary of Holdings

Here’s a summary of the change in shareholding:

  • Previous Holding: 41,30,000 shares (1.36%)
  • Acquisition: 5,000 shares
  • Current Holding: 41,35,000 shares (1.36%)

Source: BSE

Maruti Suzuki Achieves Record Monthly Sales in November 2025

Maruti Suzuki India Limited reported record-breaking sales in November 2025, totaling 229,021 units, marking the company’s highest-ever monthly sales volume. This includes domestic sales of 174,593 units, sales to other OEMs of 8,371 units, and exports of 46,057 units. The exports reached an all-time monthly high. Year-to-date sales reached 1,528,650 units.

November Sales Performance

Maruti Suzuki India Limited announced its sales figures for November 2025, revealing a record total of 229,021 units sold. This represents the company’s best-ever monthly sales performance. The strong sales numbers reflect continued demand for Maruti Suzuki vehicles across various segments.

Segment-Wise Sales Breakdown

Here’s a detailed breakdown of sales by category:

Mini Cars

The Mini segment, including Alto and S-Presso, recorded sales of 12,347 units in November, compared to 9,750 units in November last year. Year-to-date sales in this category reached 61,819 units.

Compact Cars

The Compact segment, featuring models like Baleno, Celerio, Dzire, Ignis, Swift, and WagonR, achieved sales of 72,926 units in November. The segment sold 61,373 units in November 2024. For the period April-November, sales totaled 518,485 units.

Utility Vehicles

Utility vehicle sales, including Brezza, Ertiga, Fronx, Grand Vitara, Invicto, Jimny, Victoris and XL6, hit 72,498 units in November 2025 against 59,003 units in November 2024. The year-to-date sales in this category reached 467,448 units.

Vans

Van sales of the Eeco model reached 13,200 units during November. Year-to-date sales totaled 93,003 units.

Domestic Sales

Total domestic passenger vehicle sales amounted to 170,971 units. Including light commercial vehicles (LCV), total domestic sales reached 174,593 units. Sales to other OEMs stood at 8,371 units. Consequently, total domestic sales including OEM sales accounted for 182,964 units.

Export Performance

Maruti Suzuki’s exports reached an all-time monthly high of 46,057 units in November. In comparison, 28,633 units were exported during the same month last year.

Cumulative Sales

The cumulative sales (domestic + exports) for November 2025 totaled 229,021 units, a notable increase from the 181,531 units sold in November 2024. Year-to-date sales amount to 1,528,650 units against 1,451,383 units for the same period last year.

Source: BSE

Hyundai Motor India Reports 66,840 Units Sales in November 2025, Up 9.1%

Hyundai Motor India Ltd. (HMIL) reported total sales of 66,840 units in November 2025, a 9.1% year-on-year increase. Domestic sales reached 50,340 units, growing by 4.3%. Exports also saw strong growth, with 16,500 units shipped, marking a 26.9% rise. The all-new Hyundai VENUE significantly contributed to the SUV segment’s success, receiving over 32,000 bookings within a month of its launch.

November 2025 Sales Performance

Hyundai Motor India Limited (HMIL) announced its sales figures for November 2025, achieving a total of 66,840 units. This represents a significant 9.1% growth compared to the same period last year.

Domestic Sales Growth

The company’s domestic sales reached 50,340 units in November 2025, reflecting a 4.3% year-on-year increase. This growth demonstrates HMIL’s sustained momentum in the Indian market.

Export Performance

HMIL also reported strong export sales, with 16,500 units shipped in November 2025. This represents a substantial 26.9% year-on-year growth, highlighting India’s growing role as a global manufacturing hub for Hyundai.

VENUE Impact

The all-new Hyundai VENUE has made a significant impact, bolstering HMIL’s SUV portfolio. The vehicle has garnered strong customer interest, with bookings exceeding 32,000 units within just one month of its launch.

Management Commentary

Mr. Tarun Garg, Whole-time Director & Chief Operating Officer, HMIL, commented that the company continues to carry forward sales momentum with a year-on-year growth in monthly domestic sales in November 2025. He further added that the commitment to bolstering India’s role as a global manufacturing hub is further solidified with 26.9% year-on-year growth in monthly exports.

Source: BSE

Canara Bank Senior Management Change Announcement

Canara Bank announced the promotion of Shri Kalyan Mukherjee to Chief General Manager, Circle Head of Hyderabad Circle, effective December 1, 2025. Mukherjee joined Canara Bank on March 13, 1995, and holds qualifications including a B.Sc. in Agriculture, Composite Insurance Certification (Irda), and CAIIB. He was previously General Manager, Hyderabad Circle Office.

Key Leadership Appointment

Canara Bank has announced the promotion of Shri Kalyan Mukherjee to the position of Chief General Manager, Circle Head of the Hyderabad Circle. This appointment is effective from December 1, 2025, marking a significant leadership change within the bank’s operational structure.

Profile of Shri Kalyan Mukherjee

Shri Kalyan Mukherjee has been an integral part of Canara Bank since joining on March 13, 1995. His academic credentials include a B.Sc. in Agriculture, demonstrating a strong foundation in agricultural economics and finance. Furthermore, he holds certifications in Composite Insurance (Irda) and CAIIB, highlighting his expertise in the financial and insurance sectors. Prior to his promotion, he served as General Manager of the Hyderabad Circle Office, showcasing his extensive experience and capabilities.

Source: BSE

Eicher Motors VECV Sales Volume Increased by 37.3% in November 2025

Eicher Motors reports a 37.3% increase in sales volume for VE Commercial Vehicles (VECV) in November 2025, with total sales reaching 7,652 units compared to 5,574 units in November 2024. Domestic sales grew by 35.6%, while exports saw a significant rise of 75.4%. The total sales volume for the year-to-date (YTD) reached 59,213 units, an increase of 11.4% year-over-year.

VECV Sales Performance in November 2025

Eicher Motors has announced a strong performance in the sales volume of VE Commercial Vehicles (VECV) for the month of November 2025. The total VECV sales, inclusive of EVs, reached 7,652 units, marking a substantial increase of 37.3% compared to the 5,574 units sold in November 2024.

Domestic Sales Growth

The domestic sales of Eicher trucks and buses (including EVs) grew by 35.6%, with a total of 6,720 units sold in November 2025, compared to 4,957 units in the same period last year. Specifically, domestic Eicher SCV/LMD trucks saw a significant increase of 50.2%, with sales of 4,057 units. HD (≥18.5T) also performed well, with 1,805 units sold, representing a 41.1% increase.

Export Performance

VECV exports experienced remarkable growth, increasing by 75.4%. The total exports for November 2025 reached 705 units, up from 402 units in November 2024. LMD exports contributed significantly with 407 units, a 38.9% increase, while HD exports showed an impressive surge of 781.8% with 97 units sold. Bus exports also more than doubled, reaching 201 units, representing a 105.1% increase.

Year-to-Date Sales Volume

For the year-to-date (YTD), VECV sales, inclusive of EVs, totaled 59,213 units, reflecting an 11.4% increase compared to the 53,162 units sold during the same period in the previous year. Domestic YTD sales grew by 8.9%, reaching 52,920 units, while exports saw a 54.3% increase with 4,665 units sold.

Volvo Trucks & Buses

The sales of Volvo Trucks & Buses also saw a modest increase of 5.6%, with 227 units sold in November 2025 compared to 215 units in November 2024. The year-to-date sales for Volvo Trucks & Buses reached 1,628 units, a 4.6% increase from the previous year.

Source: BSE