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ACME Solar Increases Stake in ACME Sigma Urja to 99.66%

ACME Solar Holdings Limited will increase its stake in its subsidiary, ACME Sigma Urja Private Limited, from 49% to 99.66%. This decision was approved by the Operational Committee on October 10, 2025. The company is investing ₹15,00,000 by subscribing to equity shares in the target company, which will fund the development of a renewable energy project.

Increased Investment in Renewable Project

ACME Solar Holdings Limited has announced a strategic decision to increase its investment in ACME Sigma Urja Private Limited, a subsidiary focused on renewable energy projects. The decision to increase the stake to 99.66% was made on October 10, 2025.

Details of the Acquisition

As part of this transaction, ACME Solar will subscribe to 15,00,000 fully paid equity shares of ACME Sigma Urja Private Limited. These shares have a face value of ₹10 each and will be acquired at par for an aggregate amount of ₹1,50,00,000.

Strategic Rationale

This investment aims to support the construction and commissioning of a renewable energy project. ACME Solar will be responsible for overall project development, commissioning, and funding. The target completion date is within the next 7 business days, after which, ACME Solar’s shareholding in the target company will increase from 49% to 99.66%.

Source: BSE

Bharat Petroleum Corporation Compliance Certificate for Depository Regulations

Bharat Petroleum Corporation Limited (BPCL) has received a certificate confirming compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This certificate, provided by Data Software Research Co. Pvt. Ltd., BPCL’s Registrar & Share Transfer Agent, confirms adherence to depository regulations for the quarter ended September 30, 2025. The company has forwarded the certificate to the stock exchanges for their record.

Compliance with Depository Regulations

Bharat Petroleum Corporation Limited (BPCL) has announced that they are compliant with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This announcement was made on October 9, 2025.

Certificate of Compliance

A certificate confirming compliance was received from M/s. Data Software Research Co. Pvt. Ltd., who serve as the Registrar & Share Transfer Agent for BPCL. This certificate confirms that BPCL has adhered to the provisions of Regulation 74(5) for Q2 FY26, ending on September 30, 2025.

Forwarding to Stock Exchanges

BPCL has forwarded the compliance certificate to both the BSE Ltd. and the National Stock Exchange of India Ltd. for their records, ensuring transparency and adherence to regulatory requirements.

Source: BSE

IREDA Certificate Under Regulation 74(5) for Quarter Ended September 30, 2025

IREDA has announced that it has received confirmation from its Registrar and Share Transfer Agents regarding compliance under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2025. This certificate confirms that all requests for dematerialization or rematerialization of shares have been duly processed during this period.

Compliance Confirmation

IREDA (Indian Renewable Energy Development Agency Limited) has received a certificate related to compliance with regulatory requirements for handling securities. The certificate, dated October 10, 2025, confirms the proper processing of all investor requests related to share dematerialization and rematerialization for the fiscal quarter ending September 30, 2025.

Details of Certificate Recipients

The compliance confirmation has been furnished by MUFG Intime India Private Limited, the registrar and share transfer agent for equity shares and bonds/debentures, and KFin Technologies Limited, and RCMC Share Registry Pvt. Ltd.

Source: BSE

JSW Steel Reports Record Crude Steel Production of 7.90 Million Tonnes for Q2 FY26

JSW Steel announced its highest ever quarterly consolidated crude steel production, reaching 7.90 million tonnes in Q2 FY26. This represents a 17% year-on-year increase and a 9% increase compared to the previous quarter. Capacity utilization at Indian operations was strong at 92%.

Production Highlights

JSW Steel has reported a record-breaking consolidated crude steel production of 7.90 million tonnes for Q2 FY26 (July-September 2025). This reflects substantial growth compared to previous periods.

Key figures include:

  • Crude Steel Production: 7.90 million tonnes
  • Year-on-Year Growth: 17%
  • Quarter-on-Quarter Growth: 9%

Operational Performance

The company’s Indian operations achieved a capacity utilization of 92% during Q2 FY26, demonstrating efficient and robust performance.

Production Breakdown (Mnt)

Here’s a detailed breakdown of the production:

Particulars Q2 FY26 Q1 FY26 Q2 FY25 QoQ YoY
Indian Operations 7.66 7.02 6.63 9% 16%
JSW Steel USA – Ohio 0.24 0.24 0.14
Consolidated Production 7.90 7.26 6.77 9% 17%

JVML Expansion

JVML, a wholly-owned subsidiary, commissioned its second converter on August 30, 2025, bringing the total crude steel capacity of Indian operations to 34.2 MTPA. The integrated 5 MTPA operations at JVML operated at 88% capacity in September 2025.

Planned Upgrade

Blast Furnace 3 at Vijayanagar was shut down for 150 days towards the end of September 2025. This shutdown facilitates an upgrade to increase hot metal capacity from 3 MTPA to 4.5 MTPA.

H1 FY26 Production Volumes

The production volumes for the first half of FY26 are as follows:

Particulars H1 FY26 H1 FY25 YoY
Indian Operations 14.69 12.75 15%
JSW Steel USA – Ohio 0.48 0.37
Consolidated Production 15.16 13.12 16%

Source: BSE

Karur Vysya Bank Board Meeting to Approve Unaudited Financial Results

Karur Vysya Bank (KVB) has announced that a meeting of its Board of Directors will be convened on October 17, 2025. The primary agenda of this meeting is to consider and approve the unaudited financial results of the bank for the quarter and half-year ended September 30, 2025. This decision reflects KVB’s commitment to transparency and regulatory compliance.

Board Meeting Announcement

The Board of Directors of Karur Vysya Bank (KVB) is scheduled to meet on October 17, 2025, to review the Bank’s performance. This announcement was formally released on October 09, 2025.

Financial Results on the Agenda

During the meeting, the board will primarily focus on the review and potential approval of the unaudited financial results for the quarter and half-year which concluded on September 30, 2025. The approved results will provide a comprehensive overview of the bank’s financial health and operational efficiency.

Source: BSE

Sona Comstar Partners with NEURA Robotics for Robotics and Humanoid Development

Sona Comstar has signed a memorandum of understanding (MOU) with NEURA Robotics GmbH to jointly develop advanced technologies and industrialize robots and humanoids in India and other markets. This collaboration aims to combine Sona Comstar’s engineering and manufacturing expertise with NEURA’s cognitive robotics technologies. The goal is to deliver world-class solutions for the global market, expanding beyond the automotive sector.

Strategic Collaboration for Robotics

Sona Comstar and NEURA Robotics GmbH have announced a strategic collaboration to jointly develop advanced technologies, components, and sub-assemblies for robots and humanoids. This partnership aims to industrialize these robots in India and other mutually agreed-upon markets. The announcement was made on October 10, 2025.

Focus on Intelligent Automation

The collaboration leverages advancements in artificial intelligence, advanced perception, and control technologies. These advancements are enabling a new era of intelligent automation, driving growth in industrial and humanoid robotics. The partnership will focus on providing advanced automation solutions across various industries.

Management Perspective

Mr. Vivek Vikram Singh, MD & Group CEO of Sona Comstar, stated that this partnership with NEURA Robotics aims to drive the next wave of innovation in industrial and humanoid robotics. He highlighted the vision to expand beyond the automotive domain, supporting intelligent manufacturing and service industries. Mr. David Reger, CEO and Founder of NEURA Robotics, emphasized that the collaboration represents a convergence of innovation leaders, setting new standards for innovation and scalability.

NEURA Robotics Overview

NEURA Robotics, founded in 2019 by David Reger, focuses on cognitive robotics. The company follows a “one-device” approach across its product range, aiming to bridge the gap between technology and humanity. NEURA develops necessary innovations and technological components in-house, focusing on physical AI, precision, and safety.

Sona Comstar’s Capabilities

Sona Comstar is a global leader in mobility technology, focusing on electric, personalized, intelligent, and connected technologies. The company has proven capabilities in electric powertrains and is a leading supplier to the electric vehicle (EV) market.

Source: BSE

Leela Palaces Subsidiary Invests in Argon Holdings (DIFC) Limited

Leela Palaces Hotels & Resorts Limited announces that its wholly-owned subsidiary, Aries Holdings (DIFC) Limited, will invest in Argon Holdings (DIFC) Limited. Aries Holdings will subscribe to 25% of the equity stake in Argon Holdings for up to INR 35,000. This move allows Leela Palaces to indirectly hold shares and voting rights in Argon Holdings, expanding its investment portfolio.

Investment in Argon Holdings

Aries Holdings (DIFC) Limited, a wholly-owned subsidiary of Leela Palaces Hotels & Resorts Limited, has committed to invest in Argon Holdings (DIFC) Limited. The agreement will see Aries Holdings subscribe to 25% of Argon Holdings’ equity stake.

Financial Details

The total investment will be up to INR 35,000. This capital injection will support Argon Holdings’ operational capabilities and strategic initiatives.

Indirect Shareholding

Through this investment, Leela Palaces Hotels & Resorts Limited will indirectly hold shares and voting rights in Argon Holdings (DIFC) Limited, aggregating to 25% of the total shares and voting rights.

About Argon Holdings

Argon Holdings (DIFC) Limited, incorporated on October 11, 2023, is an investment company based in the United Arab Emirates. Its turnover for FY24 and FY25 were reported as NIL. The promoters of Leela Palaces are also the promoters of Argon Holdings.

Strategic Rationale

The investment is aimed at exploring business opportunities in the UAE. The transaction was conducted on an arm’s length basis.

Completion Timeline

The acquisition is expected to be completed by the end of 2025.

Source: BSE

PB Fintech Scheme of Amalgamation Approved for Makesense Technologies

PB Fintech has announced that the Scheme of Amalgamation of Makesense Technologies Limited has been officially sanctioned. The approval was granted on October 9, 2025, by the Hon’ble National Company Law Tribunal, Chandigarh Bench. The effective date of the scheme is August 29, 2025. This amalgamation is expected to streamline operations and enhance shareholder value.

Amalgamation Scheme Sanctioned

PB Fintech confirms the official sanction of the Scheme of Amalgamation involving Makesense Technologies Limited. The approval was issued by the Hon’ble National Company Law Tribunal (NCLT), Chandigarh Bench, on October 9, 2025.

Effective Date

The effective date for the Scheme of Amalgamation is set as August 29, 2025, coinciding with the date of the Tribunal’s sanction. This marks a key milestone in the company’s strategic initiatives to consolidate and optimize its business structure.

Source: BSE

Authum Investment Increases Stake in MIRC Electronics to 21.25%

Authum Investment & Infrastructure Ltd. has increased its stake in MIRC Electronics Limited to 21.25% following the allotment of 7,83,00,000 equity shares. The investment, valued at ₹131.62 crore, was made at a price of ₹16.81 per share via preferential allotment. This move underscores Authum’s strategic investment in MIRC, a company engaged in the consumer electronics sector.

Strategic Investment in MIRC Electronics

Authum Investment & Infrastructure Ltd. has announced a significant increase in its equity holding in MIRC Electronics Limited (MIRC). Following a preferential allotment, Authum now holds 21.25% of MIRC’s equity, inclusive of a pre-existing holding of 0.07%.

Details of the Allotment

The company acquired 7,83,00,000 equity shares of MIRC Electronics at a price of ₹16.81 per share. This investment totals ₹131.62 crore. MIRC Electronics, a company listed on both BSE and NSE, operates in the consumer electronics durables industry.

MIRC Electronics Overview

MIRC Electronics Limited is engaged in the manufacturing and trading of consumer electronics durable goods. As of March 31, 2025, MIRC reported a net worth of ₹125.72 crore and a turnover of ₹757.42 crore.

Rationale Behind the Acquisition

Authum Investment aims to provide working capital and support the growth trajectory of MIRC Electronics. The company plans to maintain its 21.25% stake throughout the term of the Share Purchase and Shareholders’ Agreement.

Source: BSE

Tata Consultancy Services Audio Recording of Earnings Call for Quarter and Six-Month Period Ended September 30, 2025

Tata Consultancy Services (TCS) has announced the availability of the audio recording of its earnings conference call. The call discussed the audited standalone and consolidated financial results for the quarter and six-month period ended September 30, 2025. The results were approved by the Board at its meeting held on Thursday, October 9, 2025. The audio recording is accessible via the provided link.

Earnings Conference Call Audio

Tata Consultancy Services (TCS) has released the audio recording of its earnings conference call pertaining to the financial results for the quarter and six-month period concluding on September 30, 2025.

Financial Results Discussion

The conference call featured a discussion on the audited standalone and consolidated financial results of the company and its subsidiaries. These results cover the financial period ending September 30, 2025.

Board Approval

The results under discussion were officially approved by the Board of Directors at their meeting held on Thursday, October 9, 2025. The audio recording provides detailed insights into the company’s performance.

Accessing the Audio Recording

Interested parties can access the audio recording of the earnings conference call through the following link:

https://www.tcs.com/investor-relations/financial-statements#type=overlay&page=/fy26-q2-management-commentry-audio-overlay.html

Source: BSE