Ramkrishna Forgings has released its monthly report on the re-lodgement of transfer requests for physical shares as of November 30, 2025. This report, which is provided by KFin Technologies Limited, confirms the status of requests processed under the special window provided by the July 2, 2025 SEBI Circular.

Re-lodgement of Share Transfer Requests

Ramkrishna Forgings has announced the status of the re-lodgement of transfer requests for physical shares. The report, which pertains to the period ending November 30, 2025, outlines the processing of requests received under the special window.

Key Details of the Share Transfer Report

According to the provided information, no requests were received during the month for the re-lodgement of transfer requests for physical shares.

Report from KFin Technologies

The details are based on the report from KFin Technologies Limited, the Registrar and Transfer Agent (RTA) for Ramkrishna Forgings. This report confirms that no requests were processed, approved, or rejected during the reporting period. The average time taken for processing these requests is also reported as not applicable, reflecting the absence of any activity in this category.

Source: BSE

KEC International announced that the Hon’ble High Court of Delhi has allowed the company to participate in tenders by Power Grid Corporation of India Limited (PGCIL). This decision follows a writ petition filed by KEC International. The court’s order keeps a previous PGCIL order in abeyance, pending further review. The company can now continue participating in ongoing bids related to PGCIL.

High Court Order on PGCIL Tenders

KEC International received favorable orders from the Hon’ble High Court of Delhi, which will allow the company to continue participating in tenders issued by Power Grid Corporation of India Limited (PGCIL).

Background of the Petition

The company had initially filed a writ petition against PGCIL following an order issued on November 18, 2025, which restricted KEC International from participating in PGCIL tenders for 9 months.

Court’s Decision

In its order dated December 17, 2025, and received by the company on December 19, 2025, the High Court has put the PGCIL order in abeyance. This decision remains in effect while the court reviews the contentions raised by KEC International in its response to a Show Cause Notice.

Implications for KEC International

The Hon’ble High Court’s decision allows KEC International to continue participating in ongoing bids, including those related to PGCIL projects, until the court completes its review.

Source: BSE

UltraTech Cement has received an order from the Joint Commissioner, Central Goods and Services Tax & Central Excise, Patna. The company is reviewing the order, which alleges short payment of GST and improper utilization of Input Tax Credit from 2018-19 to 2022-23. UltraTech is considering all legal options to contest the demand. The company does not anticipate any operational or financial impact.

Details of the Order

UltraTech Cement has been notified of an order issued by the Joint Commissioner, Central Goods and Services Tax & Central Excise, Patna, concerning alleged discrepancies in GST payments.

Key Issues Raised

The order pertains to alleged short payment of GST and improper utilization of Input Tax Credit during the financial years 2018-19 to 2022-23. The tax liability is ₹3,90,95,58,194 plus applicable interest. There is also an additional interest amount of Rs 27,68,289 and a penalty of ₹3,90,95,58,194.

Company’s Response

UltraTech Cement is currently reviewing the order and is actively exploring all available legal avenues to challenge the demand. The company believes that the order was passed without due consideration of the submissions made.

Impact Assessment

UltraTech Cement does not anticipate any significant operational or financial repercussions as a result of this order. The company is committed to pursuing a resolution through appropriate legal channels and is confident in its position.

Source: BSE

Minda Corporation has granted employee stock options under its 2017 scheme. This includes 57,388 options effective December 20, 2025, and stock options worth INR 3 Crores each, to be determined based on share prices on April 1, 2026, and April 1, 2027. Each option converts to one equity share at a face value of Rs. 2/-, exercisable at Rs. 2/- per option.

Employee Stock Option Grant Details

Minda Corporation has approved the grant of stock options to its employees, effective December 20, 2025. The options are granted under the “Minda Corporation Employee Stock Option Scheme 2017”.

Key Highlights of the Grant

The grant includes the following:

Pricing and Conversion

Each stock option is convertible into 1 equity share of face value Rs. 2/-. The options are exercisable at a face value of Rs 2/- per option.

Vesting Schedule

The vesting schedule for the granted options is as follows:

Exercise Period

The options may be exercised within a period of one year from the date of vesting.

Source: BSE

PVR INOX has announced the opening of a 2-screen multiplex in Solar Colony, Saboo, Leh, Ladakh, operating under the Franchise Owned Company Operated (FOCO) model. Equipped with 2K projection and Dolby 7.1 sound, this launch expands PVR INOX’s network to 1,774 screens across 356 properties in 112 cities, including India and Sri Lanka.

New Multiplex in Leh

PVR INOX Limited has launched a new 2-screen multiplex in Leh, Ladakh. The multiplex is located in Solar Colony, Saboo, and operates under the Company’s Franchise Owned Company Operated (FOCO) model. This launch marks a significant expansion of PVR INOX’s presence in India.

Cinema Features

The new cinema is equipped with advanced technology to enhance the viewing experience. It features 2K projection for clear visuals, Dolby 7.1 surround sound, and Next-Gen 3D support. The custom audio system delivers rich, immersive sound, ensuring a high-quality cinematic experience.

Expanded Network

With the launch of the Leh multiplex, PVR INOX now operates a vast network of 1,774 screens across 356 properties in 112 cities, including locations in both India and Sri Lanka. This expansion reinforces PVR INOX’s position as a leading cinema operator.

India’s Highest Cinema Site

PVR INOX introduces Leh-Ladakh’s first multiplex, offering a spectacular two-screen experience with cutting-edge technology and premium hospitality at 11,500 feet.

Culinary Experience

The multiplex introduces Leh’s first-ever food court in partnership with Devyani International Limited, featuring brands like KFC, Pizza Hut, Costa Coffee, and Vaango.

Statements

Mr. Ajay Bijli, Managing Director, PVR INOX Limited, said, “Launching a multiplex in Leh is a truly proud moment for us. Few places in the world offer a setting as extraordinary as Ladakh, and bringing world-class cinema to 11,500 feet reflects our commitment to reaching audiences everywhere. This destination blends the magic of movies with the majesty of the mountains, making it a remarkable addition to the PVR INOX journey.”

Mr. Sanjeev Kumar Bijli, Executive Director, PVR INOX Limited, shared, “Each time we enter a new region, our goal is to create a space that fits naturally into its environment while elevating the community’s entertainment experience. Launching India’s highest multiplex in Leh is a proud moment for us as it reflects our commitment to innovative, design-led expansion and our belief that world-class cinema should reach audiences everywhere.”

Source: BSE

Emami Limited has received an order imposing a penalty related to differences in Input Tax Credit (ITC) claims. The order includes a tax demand of Rs. 13,37,974, interest of Rs. 13,30,402, and a penalty of Rs. 13,69,778. The company intends to appeal the order, seeing no material impact on its financial or operational activities.

Details of the Order

Emami Limited received an order from the Office of the Superintendent, Kotwali Range, Patna Central Division, Patna I, Ranchi, CBIC, Bihar on December 19, 2025. The order pertains to Section 74 of the Bihar GST / CGST / IGST Act, 2017.

Financial Implications

The order includes:

• Tax demand: Rs. 13,37,974
• Interest: Rs. 13,30,402
• Penalty: Rs. 13,69,778

Nature of the Issue

The issue relates to differences between Input Tax Credit (ITC) claimed as per GSTR 3B versus ITC reflected as per GSTR 2A.

Impact and Response

The company believes that there will be no material impact on its financial or operational activities as a result of this order. Emami Limited intends to explore filing an appeal against the order.

Source: BSE