CARE Ratings and ICRA Limited have reaffirmed the credit ratings for Jindal Steel’s bank facilities and debt instruments. The ratings reflect the company’s financial stability and creditworthiness. CARE Ratings reaffirmed CARE AA; Stable for long-term bank facilities and non-convertible debentures and CARE A1+ for short-term bank facilities. ICRA reaffirmed [ICRA]AA (Stable) for long-term fund-based facilities and non-convertible debentures, and [ICRA]A1+ for short-term non-fund-based bank facilities.

Credit Ratings Reaffirmed

Jindal Steel’s credit ratings have been reaffirmed by both CARE Ratings Limited and ICRA Limited, indicating a stable outlook for the company’s financial obligations. This decision reflects the agencies’ assessment of Jindal Steel’s ability to meet its financial commitments.

CARE Ratings Details

CARE Ratings Limited has reaffirmed the following ratings:

• Long-term bank facilities: CARE AA; Stable
• Short-term bank facilities: CARE A1+
• Non-convertible debentures: CARE AA; Stable

ICRA Limited Details

ICRA Limited has reaffirmed the following ratings:

• Long-term fund-based (Cash credit): [ICRA]AA (Stable)
• Long-term fund-based (Term loans): [ICRA]AA (Stable)
• Short-term non-fund-based bank facilities: [ICRA]A1+
• Non-convertible debentures (NCDs): [ICRA]AA (Stable)

Source: BSE

Muthoot Finance has confirmed that securities which were dematerialized have been listed on stock exchanges. The Registrar and Share Transfer Agent, MUFG Intime India Private Limited, has verified, mutilated, and cancelled relevant certificates. The agent has confirmed the substitution of the depository’s name as the registered owner in the member registry. This confirmation aligns with regulatory requirements.

Security Dematerialization Update

Muthoot Finance confirms the listing of dematerialized securities on relevant stock exchanges. This announcement ensures compliance and transparency in the management of company securities.

Role of Registrar and Transfer Agent

MUFG Intime India Private Limited, the Registrar and Share Transfer Agent, has completed the verification and cancellation of security certificates received for dematerialization. The agent has also updated the register of members, replacing certificate holders with the depository as the registered owner.

Confirmation of Compliance

This process confirms compliance with regulatory standards for security dematerialization. MUFG Intime India Private Limited has also sent confirmation of these actions to the depositories.

Source: BSE

APL Apollo Tubes Limited has received a certificate confirming compliance with SEBI (Depositories and Participants) Regulations for the quarter ended September 30, 2025. The certificate, dated October 10, 2025, was issued by Abhipra Capital Limited, the Registrar and Share Transfer Agent. This confirms that all securities received for dematerialization during the quarter have been duly processed.

Compliance Confirmation

APL Apollo Tubes Limited has announced the receipt of a compliance certificate pertaining to the handling of securities during the fiscal quarter ending September 30, 2025. This certificate, provided by Abhipra Capital Limited, confirms adherence to regulatory standards for depositories and participants.

Details of the Certificate

The certificate, officially dated October 10, 2025, verifies that all securities received by depository participants for dematerialization have been duly processed. The process involves confirming acceptance or rejection to the depositories. It further confirms that the security certificates have been mutilated and cancelled after due verification, and the register of members has been updated.

Source: BSE

Eicher Motors has released a certificate confirming the dematerialization of shares for the quarter ended September 30, 2025. The certificate, received from MUFG Intime India Private Limited, confirms that securities received for dematerialization have been duly processed and verified. This announcement provides assurance to investors regarding the company’s compliance with regulatory requirements related to share management.

Share Dematerialization Confirmation

Eicher Motors has received confirmation regarding the dematerialization of shares for the fiscal quarter ending September 30, 2025. This confirmation is provided by MUFG Intime India Private Limited, the Registrar and Share Transfer Agent for Eicher Motors.

Certificate Details

The certificate confirms that all securities received from depository participants for dematerialization during Q2 (July-September) 2025 have been processed. MUFG Intime has verified and accepted the securities, ensuring they are listed on the appropriate stock exchanges.

Regulatory Compliance

This announcement serves to inform stakeholders that Eicher Motors is in compliance with regulations regarding the dematerialization process. MUFG Intime confirms that security certificates received for dematerialization have been duly verified and cancelled, and the depositories’ names have been updated in the register of members.

Source: BSE

Britannia Industries has announced the reaffirmation of its credit ratings for bank loan facilities at Rs. 3,000/- Crores, with a rating of Crisil AAA/Stable. The rating for commercial paper is also reaffirmed. However, the credit rating for Non-Convertible Debentures (Rs. 301.48/- Crores) has been withdrawn. This update was communicated following a review by a credit rating agency.

Credit Rating Update

Britannia Industries has received an updated credit rating assessment. The key highlight is the reaffirmation of the Crisil AAA/Stable rating for the company’s bank loan facilities, which are valued at Rs. 3,000/- Crores.

Commercial Paper

The rating for Britannia’s commercial paper, amounting to Rs. 500/- Crores, has also been reaffirmed with a Crisil A1+ rating. This reflects the company’s ability to meet its short-term financial obligations.

Non-Convertible Debentures

The Crisil AAA/Stable rating for the company’s Non-Convertible Debentures, valued at Rs. 301.48/- Crores, has been withdrawn at the company’s request.

Source: BSE

Ather Energy has announced an update regarding resolutions for its ‘Amended and Restated Ather Energy ESOP Plan 2025’. The resolutions were approved by members on August 17, 2025. A correction was issued regarding the total number of options granted, which had been inadvertently stated. The corrected data is provided in the updated details.

ESOP Plan Resolution Update

Ather Energy is providing an update to the resolutions concerning its ‘Amended and Restated Ather Energy ESOP Plan 2025’, following member approval on August 17, 2025.

Correction to Options Data

The total number of options granted was incorrectly stated in the original notice (item no. 2 on page 19). The company clarifies the correct figures in the table below:

Impact of the Change

The company states that the correction has no bearing on the approved resolutions regarding the ‘Amended and Restated Ather Energy ESOP Plan 2025’.

Source: BSE

Crisil has received a certificate regarding the dematerialization/rematerialization of its securities for the quarter ended September 30, 2025 (Q2 2025). The certificate, issued by KFin Technologies Limited, confirms that the details of securities dematerialized or rematerialized have been duly furnished to the stock exchanges, National Securities Depository Limited, and Central Depository Services (India) Limited.

Compliance Certificate Received

Crisil has received a certificate from its Registrar and Transfer Agents, KFin Technologies Limited, concerning the dematerialization and rematerialization of the company’s securities. The certificate pertains to the quarter ending September 30, 2025 (Q2 2025).

Details of Dematerialization

The certificate confirms that the details of securities dematerialized/rematerialized during the specified quarter have been furnished to the National Securities Depository Limited and Central Depository Services (India) Limited. This ensures compliance with regulatory requirements and transparency for investors.

Source: BSE