Infosys has been selected by the NHS Business Services Authority (NHSBSA) to deliver the Future NHS Workforce Solution. The £1.2 billion, 15-year contract will see Infosys develop a cutting-edge workforce management solution to replace the current Electronic Staff Record (ESR) system. This supports the NHS 10-year Health Plan, impacting 1.9 million NHS employees.

New Partnership with NHSBSA

Infosys has been awarded a £1.2 billion, 15-year contract by the NHS Business Services Authority (NHSBSA) to deliver the Future NHS Workforce Solution. This announcement was made on October 14, 2025.

Modernizing Workforce Management

The new solution will replace the current Electronic Staff Record (ESR) system, and will continue to manage payroll for 1.9 million NHS employees in England and Wales. This accounts for over £55 billion in payroll annually.

Key Benefits and Objectives

The Future NHS Workforce Solution will support the NHS 10-year Health Plan, aiming to create a future-proof workforce. Key improvements include:

• A modern, flexible, and integrated platform.
• Streamlined workforce planning through AI-driven tools.
• Improved data-driven decision-making.
• Enhanced user experience for NHS staff.

Statements from Leadership

Michael Brodie, Chief Executive, NHSBSA, said: “Delivering the Future NHS Workforce Solution is a critical step in supporting the ambitions of the 10-Year Health Plan. The solution will go far beyond simply replacing ESR – it will be a strategic enabler for building a workforce that is fit for the future.”

Salil Parekh, Chief Executive Officer & Managing Director, Infosys said, “The NHS is a cornerstone of life in the UK providing vital services. We are honored to be chosen by the NHSBSA to deliver generational change for employees of the NHS.”

Source: BSE

Hyundai Motor India will host its first Investor Day on October 15, 2025, in Mumbai. The live webcast will be available for public and investor access via the company’s official website and YouTube. Interested parties can access the presentation to gain insights into the company’s strategies and performance. Access links are provided for convenience.

Hyundai Motor India Announces Investor Day

Hyundai Motor India has announced its inaugural Investor Day, scheduled for October 15, 2025, in Mumbai. The event aims to provide investors and the public with insights into the company’s operations and future strategies.

Webcast Details

The live webcast of the Investor Day presentation will be accessible to the public and investors through the following channels:

Date: October 15, 2025

Time: 9:00 AM (Mumbai time)

Access Links

Company’s Website: https://www.hyundai.com/in/en/investor-relations/financial-information/ir-resources/investor-day

YouTube Link: https://youtube.com/live/z5BdpcYJwwg?feature=share

Source: BSE

State Bank of India (SBI) has received rating actions on various debt instruments. CARE Ratings assigned a CARE AAA; Stable rating to ₹7,500 crore Tier II Bonds. Ratings on infrastructure bonds and other Tier I & Tier II bonds were reaffirmed at CARE AAA; Stable and CARE AA+; Stable, respectively. Additionally, certain ratings were withdrawn following the maturity of related instruments. The ratings reflect SBI’s strong market position, capitalization, and asset quality.

Rating Actions on Debt Instruments

CARE Ratings has assigned and reaffirmed ratings for State Bank of India’s (SBI) debt instruments. A CARE AAA; Stable rating was assigned to ₹7,500 crore Tier II bonds. Ratings were also reaffirmed for infrastructure and Tier I & II bonds. Certain ratings have been withdrawn following instrument maturities.

Key Rating Details

Here is a breakdown of the rating actions:

Assigned:

• ₹7,500 crore Tier II Bonds: CARE AAA; Stable

Reaffirmed:

• ₹10,000 crore Infrastructure Bonds: CARE AAA; Stable
• ₹10,000 crore Infrastructure Bonds: CARE AAA; Stable
• ₹10,000 crore Tier I Bonds: CARE AA+; Stable
• ₹5,000 crore Tier I Bonds: CARE AA+; Stable
• ₹500 crore Tier II Bonds: CARE AAA; Stable
• ₹200 crore Tier II Bonds: CARE AAA; Stable
• ₹10,000 crore Tier II Bonds: CARE AAA; Stable
• ₹4,000 crore Tier II Bonds: CARE AAA; Stable
• ₹7,500 crore Tier II Bonds: CARE AAA; Stable

Rationale for Ratings

The ratings continue to reflect SBI’s majority ownership by the Government of India (GoI) and its status as a Domestic Systemically Important Bank. The ratings also consider SBI’s strong resource profile, healthy capital profile, and operating profitability.

Withdrawn Ratings

Ratings on specific Basel III Tier I and Tier II bonds were withdrawn in accordance with ICRA’s withdrawal policy, as the bonds were fully redeemed with no outstanding amounts.

Outlook and Sensitivities

The stable outlook reflects the expectation that SBI will maintain a steady growth in advances and deposits, with a healthy profitability profile. The ratings also factor in support from the GoI, which holds a majority stake in the bank. Negative rating triggers include reduction in government support below 51% and deterioration in asset quality.

Source: BSE

ICICI Prudential Life Insurance presents its performance update for H1 FY2026. Key highlights include a VNB of ₹10.49 bn and embedded value of ₹505.01 bn. The company maintained a solvency ratio of 213.2%. Focus remains on product innovation and diversified distribution.

Financial Performance Highlights

ICICI Prudential Life Insurance reported the following key financial metrics for H1 FY2026:

• VNB: ₹10.49 bn
• Embedded Value: ₹505.01 bn
• Profit After Tax: ₹6.01 bn
• Solvency Ratio: 213.2%

The company’s total premium stood at ₹212.51 bn, with a 9.2% year-on-year growth.

Business Strategy and Growth

The company focuses on a 3C framework: Customer Centricity, Competency, and Catalyst to drive sustainable VNB growth. Diversified distribution channels are key to its strategy, including agency, bancassurance, and partnerships. ICICI Prudential is focused on maintaining a strong and resilient balance sheet.

Product and Distribution Mix

The product mix includes linked, non-linked, and annuity products. Distribution is diversified across agency, bancassurance, and direct channels, ensuring a wide reach and customer acquisition.

Customer Centricity at the Core

The company maintains a claim settlement ratio of 99.3% and continues to focus on digital innovation to enhance customer experience, including digital KYC and AI-driven solutions. Focus on swift claim settlement at 1.1 days.

Focus on Long-Term Savings

The company highlights opportunities in the Indian life insurance industry, particularly in long-term savings, retirement solutions, and protection products. There’s a substantial protection gap, indicating significant growth potential.

Source: BSE

LT Foods has acquired Global Green Europe Kft., a Hungary-based company, for approximately €25 million. This acquisition allows LT Foods to enter the canned food business and strengthens its presence in Central and Southern Europe. Global Green Europe Kft. has an annual turnover of €40 million and serves over 30 countries. The deal is expected to enhance LT Foods’ product portfolio and global footprint.

Strategic Acquisition in Europe

LT Foods has entered into a definitive agreement to acquire 100% stake in Global Green Europe Kft., based in Hungary, for an enterprise value of approximately €25 million. The announcement was made on October 14, 2025.

Rationale Behind the Deal

This acquisition aligns with LT Foods’ long-term strategy to grow through packaged foods and strengthen its ready-to-heat (RTH) and ready-to-eat (RTE) segments. The move enables LT Foods to expand further into Central and Southern Europe and leverage cross-distribution synergies.

Global Green Europe Kft. Overview

Global Green Europe Kft., established in 2006, supplies to over 30 countries in Europe. The company specializes in producing canned Sweet Corn, Gherkins, Silver Skin Onions, Peas, and Sour Cherries. It has 2 manufacturing sites spanning 45 acres in Hungary, with an annual turnover of €40 million and a workforce of over 170 employees.

Financial Details and Execution

The acquisition will be executed via LT Foods Europe Holdings Limited. LT Foods will pay €6 million at closing for 100% equity shareholding, with an additional €1.8 million payable over the next 2 years through an earn-out mechanism. The transaction also includes the acquisition of Global Green International (UK) Limited and Greenhouse Agrár Kft., which support distribution activities. The deal is pending FDI approval in Hungary.

Market Opportunity

The canned food market in Europe is estimated at €15 billion. This acquisition allows LT Foods to diversify into this large market and leverage synergies with its existing European business.

Executive Commentary

Mr. V K Arora, Executive Chairman of LT Foods Limited, stated that the acquisition expands the company’s product portfolio and global presence, allowing entry into the processed canned food market and reinforcing the existing business in Europe.

Mr. Vikas Magoon from LT Foods Europe mentioned that the acquisition enables LT Foods to establish a third manufacturing hub in Europe, strengthening its foothold in Central and Southern Europe. A manufacturing base in Hungary provides a cost advantage, enhancing competitiveness.

Source: BSE

CEAT Limited has announced the receipt of information regarding the loss of share certificates. The intimation, received from NSDL Database Management Limited, concerns securities for which duplicate certificates have been requested. This information is being disseminated for reference, records, and investor awareness. Key details regarding the affected certificates are included, such as folio numbers, holder names, certificate numbers and distinctive numbers.

Loss of Share Certificates

CEAT Limited has reported an intimation regarding the loss of share certificates, as received from NSDL Database Management Limited, the Registrar and Transfer Agent. This announcement provides details about the lost certificates for reference and record-keeping.

Details of Lost Certificates

The notification pertains to share certificates for which duplicate certificates are being sought. The following details are relevant:

• Folio Number: ZVS0004060
• Name of Holder: SRI KANTA SARDA
• Shares: 5
• Certificate Number: 30448
• Distinctive Numbers: 4028739-4028743

• Folio Number: ZVS0004289
• Name of Holder: SRI KANTA SARDA
• Shares: 4
• Certificate Number: 30642
• Distinctive Numbers: 4033356-4033359

Source: BSE

JSW Paints, along with JTPM Metal Traders and JSW EduInfra, has announced an open offer to acquire up to 26% of the voting share capital of Akzo Nobel India, totaling 11,840,482 equity shares. The offer price is set at INR 3,231.77 per share, with the offer period commencing on October 23, 2025. This move follows JSW Paints’ share purchase agreement with existing promoters.

Open Offer Details

JSW Paints Limited, acting with JTPM Metal Traders Limited and JSW EduInfra Private Limited, has made a public announcement for an open offer to acquire up to 11,840,482 equity shares of Akzo Nobel India Limited, representing 26% of the voting share capital. The offer is scheduled to open on October 23, 2025, and is subject to the terms and conditions outlined in the offer documents.

Financial Aspects of the Offer

The offer price has been set at INR 3,231.77 per equity share, payable in cash. The total consideration for the open offer, assuming full acceptance, amounts to INR 2997,11,18,266.54. This offer is not conditional upon any minimum level of acceptance.

Background and Rationale

This open offer is triggered by JSW Paints’ share purchase agreement (SPA) to acquire shares of Akzo Nobel India from existing promoters, Imperial Chemical Industries Limited and Akzo Nobel Coatings International B.V. JSW Paints aims to acquire control of Akzo Nobel India, expanding its business and leveraging synergies.

Offer Adjustments and Conditions

The offer size may be subject to a proportionate reduction as per regulations, such that the resulting shareholding of JSW Paints and related entities does not exceed 75% of the voting share capital. The offer is subject to obtaining necessary regulatory approvals. Further updates on the offer, including any revisions to the offer price or size, will be duly announced as per regulatory requirements.

Important Dates

Key dates for the open offer include:

• Identified Date: October 7, 2025
• Offer Opening Date: October 23, 2025
• Offer Closing Date: November 6, 2025

Source: BSE

Cochin Shipyard Limited confirms compliance with SEBI regulations, specifically Regulation 74(5) concerning depositories and participants. A confirmation certificate from the Registrar & Transfer Agent, MUFG Intime India Private Limited, affirms adherence to the specified regulatory requirements. This announcement ensures stakeholders of the company’s commitment to regulatory standards for the quarter ended September 30, 2025.

Regulatory Compliance Certificate

Cochin Shipyard Limited has received a confirmation certificate regarding compliance with SEBI regulations. This certificate pertains to Regulation 74(5) concerning depositories and participants.

Details of Compliance

The confirmation certificate, issued by MUFG Intime India Private Limited, Cochin Shipyard Limited’s Registrar & Transfer Agent, confirms adherence to SEBI (Depositories and Participants) Regulations, 2018.

Confirmation of Dematerialization

MUFG Intime India Private Limited confirmed that no dematerialization requests were received during the quarter ended September 30, 2025.

Securities Status

The securities of Cochin Shipyard are fully in dematerialized form. As a result, the company has not mutilated, cancelled, or issued any share certificates.

Source: BSE