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KFin Technologies Certificate for Share Transfer Compliance – Q2 2025

KFin Technologies has received a certificate from its Registrar and Share Transfer Agent, Bigshare Services Private Limited, confirming compliance with regulatory requirements related to share transfers for the quarter ended September 30, 2025 (Q2 2025). The certificate confirms that all dematerialization requests were processed and that there were no issues related to certificate mutilation or cancellation.

Share Transfer Compliance Confirmation

KFin Technologies has received a certificate confirming adherence to regulatory standards regarding share transfers and dematerialization processes. This certificate, provided by Bigshare Services Private Limited, covers the period ending September 30, 2025 (Q2 2025).

Key Highlights of the Certificate

The certificate validates that no securities were received from depository participants for dematerialization during the specified quarter. Because no securities were received for dematerialization, no certificates were mutilated or cancelled. As such, there was no requirement for substitution of depositories in the register of members.

Assurance of Regulatory Compliance

This certificate provides assurance that KFin Technologies has met all necessary regulatory requirements related to the handling of share transfers and dematerialization for the quarter. The company remains committed to upholding the highest standards of compliance and transparency in all its operations.

Source: BSE

General Insurance Corporation Credit Ratings Affirmed at ‘Excellent’ by AM Best

AM Best has affirmed the Financial Strength Rating of A- (Excellent), the Long-Term Issuer Credit Rating of “a-” (Excellent), and the National Scale Rating of aaa.IN (Exceptional) for General Insurance Corporation of India (GIC Re). The ratings reflect the corporation’s strong balance sheet, adequate operating performance, favourable business profile, and appropriate enterprise risk management, with a stable outlook.

Credit Ratings Confirmation

General Insurance Corporation of India (GIC Re) has received confirmation from AM Best regarding its credit ratings. The announcement, dated October 10, 2025, highlights the continued recognition of GIC Re’s financial stability and operational strength.

Key Rating Highlights

AM Best has affirmed the following ratings for GIC Re:

  • Financial Strength Rating: A- (Excellent)
  • Long-Term Issuer Credit Rating: “a-” (Excellent)
  • National Scale Rating: aaa.IN (Exceptional)

Factors Behind the Ratings

The ratings affirmation is based on AM Best’s assessment of GIC Re’s balance sheet strength, which is considered very strong. Additionally, the ratings reflect GIC Re’s adequate operating performance, favourable business profile, and appropriate enterprise risk management. The outlook for these ratings remains stable.

Source: BSE

Swiggy Certificate for Securities and Exchange Board Regulations

Swiggy has received a certificate regarding compliance with Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This certificate, received from MUFG Intime India Private Limited, covers the quarter ended September 30, 2025. The company has confirmed compliance regarding dematerialization requests during the specified quarter.

Regulatory Compliance Confirmation

Swiggy has announced the receipt of a certificate pertaining to Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This confirms the handling of securities received for dematerialization.

Details of Certification

The certificate was issued by MUFG Intime India Private Limited, the Registrar and Share Transfer Agent for Swiggy. It relates to the quarter ending September 30, 2025. The company states securities received from depository participants for dematerialisation during the quarter were confirmed to the depositories.

Demat/Remat Request Status

Swiggy also confirmed that for the quarter ended September 30, 2025, they did not receive any demat/remat requests that were pending processing. This attests to the company’s adherence to regulatory standards concerning securities management.

Source: BSE

Signature Global Certificate for Depository Regulations

Signature Global has received a confirmation certificate under regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, from their Registrar and Share Transfer Agent, MUFG Intime India Private Limited. This certificate confirms the status of securities for the quarter ended September 30, 2025. The company is ensuring compliance with regulatory requirements related to dematerialization.

Compliance Confirmation

Signature Global confirms receipt of the certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate, provided by MUFG Intime India Private Limited, pertains to the handling of securities during the quarter ending September 30, 2025.

Details from Registrar and Transfer Agent

MUFG Intime India Private Limited confirmed that securities received for dematerialization during the quarter ended September 30, 2025, were processed as per regulations. These securities have been confirmed to the depositories, and the said certificates have been listed on the stock exchanges.

Demat & Remat Request

MUFG Intime India Private Limited confirms that during the quarter ended September 30, 2025, they did not receive any Demat & Remat requests for processing.

Source: BSE

Happiest Minds Agentic AI Deployed to Transform MUA Insurance Operations

Happiest Minds Technologies has successfully deployed its Agentic AI solution, featuring Intelligent Document Processing (IDP), at MUA Insurance Acceptances Pty Ltd in South Africa. This implementation has significantly transformed MUA’s claims and policy email operations, achieving 99.5% accuracy in email and document classification. The deployment has improved adjudication speed and lowered manual effort, focusing the team on higher-value tasks while maintaining security and compliance.

AI-Driven Transformation at MUA Insurance

Happiest Minds Technologies Limited has announced the successful deployment of its Agentic AI solution with Intelligent Document Processing (IDP) at MUA Insurance Acceptances Pty Ltd in South Africa. The solution is designed to optimize and automate key insurance processes, improving efficiency and accuracy.

Key Benefits and Results

The implementation has automated the intake and routing of high-volume claims and policy emails, including PDFs, scanned forms, and images. By utilizing GenAI-based classification and smart workflow orchestration, emails are automatically routed to the appropriate claims adjudicator or underwriter based on expertise and availability.

MUA now achieves 99.5% accuracy in email and document classification, while also reducing token processing costs. This has led to improved adjudication speed, reduced manual effort, and allowed the team to focus on higher-value work. The system maintains strong security and compliance standards.

Executive Perspectives

Joseph Anantharaju, Co-Chairman & CEO of Happiest Minds Technologies, stated, “We are proud to announce the successful deployment of our Agentic AI solution, featuring Intelligent Document Processing (IDP), at MUA Insurance Acceptances Pty Ltd in South Africa. This milestone underscores our dedication to delivering practical, high-impact AI solutions that drive cost efficiency and scalable performance for enterprise insurers.”

Vajra Singh, Chief Executive Officer of MUA Insurance Acceptances Pty Ltd, added, “Agentic AI has meaningfully reduced our email backlog and improved adjudication speed without compromising accuracy. The integration met our security & compliance standards and delivered measurable business value.”

Happiest Minds’ Vision

Happiest Minds aims to help insurers adopt AI-powered automation and build future-ready, high-performance operations. The company provides secure and scalable solutions across product engineering, cybersecurity, analytics, and automation platforms, powered by enterprise-ready GenAI capabilities.

Source: BSE

Jindal Stainless Credit Rating Reaffirmed by Care Ratings

Care Ratings has reaffirmed the credit ratings for Jindal Stainless Limited. The long-term borrowings and non-convertible debentures maintain a rating of CARE AA, Stable. Additionally, the short-term borrowings continue to be rated as CARE A1+. This announcement indicates a stable outlook for the company’s creditworthiness.

Credit Ratings Maintained

Jindal Stainless Limited has received confirmation that its credit ratings have been reaffirmed by Care Ratings. This reflects the agency’s assessment of the company’s ability to meet its financial obligations.

Details of Reaffirmed Ratings

The long-term borrowings and Non-Convertible Debentures of Jindal Stainless Limited have been reaffirmed with a rating of CARE AA, Stable. This rating suggests a low credit risk. The short-term borrowings have also been reaffirmed at CARE A1+, indicating a very strong capacity for timely debt repayment.

Source: BSE

The Ramco Cements Re-lodgement of Transfer Requests Report

The Ramco Cements announced that there were NIL requests received, processed, approved or rejected for re-lodgement of transfer requests of physical shares for the month ended September 30, 2025. The report, dated October 10, 2025, confirms the status of these requests, indicating no activity in this category during the specified period.

Re-lodgement of Transfer Requests Update

As of September 30, 2025, The Ramco Cements reports on the re-lodgement of transfer requests for physical shares. The company provides details regarding the status of these requests for the reporting period.

Key Data Points

During the month of September 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 of requests: NA

This announcement, dated October 10, 2025, indicates that there were no re-lodgement activities related to transfer requests for physical shares during the reported month.

Source: BSE

ICICI Prudential Credit Rating Reaffirmed at ICRA AAA (Stable)

ICRA Limited has reaffirmed the ICRA AAA (Stable) rating for ICICI Prudential Life Insurance Company Limited’s non-convertible debentures. The rating reflects ICICI Pru’s established market position as one of the largest private life insurers, supported by a diversified product offering and distribution network. As of June 30, 2025, the company’s solvency ratio stood at 2.12 times, and its average return on equity (RoE) and return on embedded value (RoEV) were 9.6% and 14.1%, respectively.

Rating Reaffirmation Details

ICRA Limited has reaffirmed ICRA AAA (Stable) rating for ICICI Prudential Life Insurance Company Limited. This rating applies to ₹2,600 crore of subordinated debt programme. The decision was formally announced on October 9, 2025.

Key Rating Drivers

The reaffirmed rating is supported by several factors:

  • Strong Market Position: ICICI Prudential is one of the largest private life insurers in India, maintaining a robust market presence.
  • Diversified Offerings: The company features a well-diversified product portfolio and extensive distribution channels.
  • Healthy Capitalization: ICICI Prudential benefits from healthy internal accruals. The company reported a solvency of 2.12 times as of June 30, 2025.
  • Strong Promoter Profile: ICICI Bank holds 51.0% and Prudential Corporation Holdings Limited holds 22.0% in ICICI Pru as of June 30, 2025, providing strong support.

Financial Performance Highlights

ICICI Prudential has demonstrated healthy profitability and business growth:

  • The Value of New Business (VNB) increased to ₹2,370 crore in FY2025 from ₹2,227 crore in FY2024.
  • The company’s embedded value (EV) increased to ₹47,950 crore as of March 31, 2025.
  • The operating RoEV averaged 14.2% over the last five years.

Stable Outlook

The stable outlook reflects expectations that ICICI Prudential will maintain adequate solvency and continue to receive support from ICICI Bank, if required. As of June 30, 2025, its solvency stood at 2.12 times, significantly above the regulatory threshold.

Instrument Details

The ICRA AAA (Stable) rating applies to the following instruments:

  • INE726G08014: Subordinated debt, amount rated ₹1,200.00 crore, issued Nov-06-2020, Maturity Nov-06-2030, Coupon 6.85%
  • INE726G08022: Subordinated debt, amount rated ₹1,400.00 crore, issued Dec-12-2024, Maturity Dec-12-2034, Coupon 8.03%
  • Source: BSE

    Astral Limited Certificate for Quarter Ended September 30, 2025

    Astral Limited has submitted a certificate under regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2025. The certificate, received from Bigshare Services Private Limited, confirms the dematerialization of securities as per regulatory requirements. This submission ensures compliance with depository regulations and maintains transparency for investors during Q2 FY26.

    Compliance Confirmation

    Astral Limited has confirmed its compliance with regulatory requirements concerning the dematerialization of securities. A certificate has been submitted for the quarter ending September 30, 2025, which falls under Q2 FY26.

    Details of the Certificate

    The certificate, as required under regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, has been received from Bigshare Services Private Limited, the Registrar and Share Transfer Agent (RTA). The certificate verifies the dematerialization requests processed during the quarter.

    Bigshare Services Confirmation

    Bigshare Services Pvt. Ltd. confirmed that securities received for dematerialization up to September 30, 2025, were processed as per regulations. They also verified that the certificates have been mutilated and cancelled after due verification, and the register of members has been updated accordingly within 15 days of receipt.

    Source: BSE

    Trent Limited Urging Shareholders to Claim Unclaimed Dividends

    Trent Limited is reaching out to shareholders who have yet to claim their dividend payments. The company has initiated a process to identify and inform these shareholders, urging them to claim their unclaimed dividend amounts. This communication aims to ensure shareholders receive their entitled payments before unclaimed amounts are transferred to the Investor Education and Protection Fund (IEPF) as per regulatory guidelines.

    Unclaimed Dividend Initiative

    Trent Limited is actively contacting shareholders to facilitate the claiming of outstanding dividends. The company emphasizes that this is a standard procedure to ensure all entitled shareholders receive their dividends before the unclaimed amounts are transferred to the Investor Education and Protection Fund (IEPF).

    Claiming Process for Shareholders

    Shareholders who have not yet claimed their dividends are advised to follow specific steps to initiate the claim. The required documents differ based on whether the shares are held in demat or physical form.

    For shares held in Demat form:

    A copy of the Demat Account Statement (Client master list) showing name, address, demat, and bank account details registered against the demat account is required. Ensure that correct bank details, including the core banking account number and IFSC/ MICR code, are registered with the Depository Participant.

    For shares held in physical form:

    Investor Service Request Form ISR – 1 and Form ISR – 2 need to be duly filled and submitted along with supporting documents, including the original cancelled cheque with the shareholder’s name printed on it. This must be returned to the Registrar and Transfer Agent (RTA).

    Payments will be credited directly to the bank account if the folio is KYC Compliant.

    IEPF Transfer

    If dividends are not claimed by the due date, the outstanding amount will be transferred to the IEPF. Once transferred, claims against the company will no longer be valid.

    Contact Information

    For any queries, shareholders can contact MUFG Intime India Private Limited, the RTA of the Company, at C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai 400 083, Tel No.: 8108118484. Alternatively, a request can be raised through their website.

    Source: BSE