Tata Motors has announced that the composite scheme of arrangement involving Tata Motors Limited (TML), TML Commercial Vehicles Limited (TMLCV), and Tata Motors Passenger Vehicles Limited (TMPV) is now effective as of October 1, 2025. As a result, TML will fix October 14, 2025, as the record date. Shareholders will receive one share of TMLCV for each share held in TML.

Scheme of Arrangement Effective

Tata Motors has confirmed that the composite scheme of arrangement amongst Tata Motors Limited (“TML”), TML Commercial Vehicles Limited (“TMLCV”), and Tata Motors Passenger Vehicles Limited (“TMPV”) has become effective as of October 1, 2025. This follows the sanction by the Hon’ble National Company Law Tribunal (“NCLT”) and related orders.

Record Date and Share Allotment

The company has set Tuesday, October 14, 2025, as the “Record Date” to determine eligible shareholders for the allotment. Eligible shareholders will be issued and allotted 1 (one) share (face value of INR 2/- each fully paid up) in TMLCV for every 1 (one) share (face value of INR 2/- each fully paid up) held in TML as per the Share Entitlement Ratio under the Scheme.

Key Changes Following the Scheme

Following the scheme:

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Commercial Vehicles undertaking of TML has been demerged into TMLCV.

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TML shall change its name to Tata Motors Passenger Vehicles Limited and continue the passenger vehicles business, including investments in Electric Vehicle business and JLR.

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TML Commercial Vehicles Limited will be renamed as Tata Motors Limited.

Share Price and Listing

On the Record Date, the share price of TML will be adjusted to reflect the demerger of the commercial vehicles business, based on price discovery mechanisms of the stock exchanges.

Upon finalizing the list of eligible Shareholders, the shares in TMLCV will be allotted and listed on the Stock Exchanges, viz., BSE and NSE.

During the period between allotment and listing, the shares of TMLCV will not be available for trading. The process of obtaining Listing and Trading permission generally takes 45-60 days from the date of filing the necessary application with Stock Exchanges.

Further Guidance

Guidance on ‘Cost of Acquisition’ of equity shares in TML and equity shares in TMLCV will be communicated separately.

Source: BSE

Ambuja Cements has announced that the National Company Law Tribunal (NCLT) has issued a Corrigendum to its original order regarding the Scheme of Arrangement with Sanghi Industries Limited. The Corrigendum, issued on October 9, 2025, is related to an order dated September 25, 2025, and should be read in conjunction with the original order. The relevant documents are available on the company’s website.

NCLT Amends Order on Sanghi Scheme

Ambuja Cements has informed stakeholders about a Corrigendum issued by the National Company Law Tribunal (NCLT) concerning the Scheme of Arrangement involving Sanghi Industries Limited.

The original order, dated September 25, 2025, directed Ambuja Cements to convene a meeting of its equity shareholders via Video Conference/Other Audio Visual Means on November 20, 2025, at 1:00 p.m. IST, to consider and approve the arrangement embodied in the Scheme.

Key Details of the Corrigendum

The NCLT has now issued a Corrigendum to the aforementioned order. Ambuja Cements clarifies that this Corrigendum is an attachment to the initial order and should be interpreted in conjunction with the original September 25, 2025 order.

Access to Relevant Documents

All relevant documents pertaining to this matter, including the Corrigendum and the original order, are available for review on Ambuja Cements’ official website: www.ambujacement.com.

Meeting Details and Voting Quorum Adjustments

Paragraphs 32 and 36 of the order were revised, including adjustments to the voting quorum and regulations for remote meetings:

32. If the quorum as previously mentioned for the aforementioned meetings is not met, the meetings will be postponed by half an hour. After this, the persons present and voting will constitute the quorum. Because meetings will be held via VC/OVAM, proxy appointment will not be available. Applicant companies, however, should make every effort to achieve at least the quorum specified, if not more, in order to approve the Scheme.

36. At least one month before the equity shareholders’ aforementioned meetings, a notice convening the meetings, including the day, date, and time, as well as instructions for remote e-voting and e-voting during VC/OAVM meetings, and a copy of the Scheme. Send a copy of the statement required by Section 102 of the Act, as well as Sections 230-232 of the Act and the Rules thereunder, to those equity shareholders of the Transferor Company and the Transferee Company by electronic means.

Other Important Information

Shareholders whose email IDs are not registered can access the meeting notices on the websites of the Transferor Company (www.sanghicement.com) and the Transferee Company (www.ambujacement.com), as well as the websites of the stock exchanges (NSE and BSE).

The record date to determine eligibility for remote e-voting and e-voting at the meetings is November 14, 2025. The notice shall be sent to those equity shareholders of the Transferor Company and to the equity shareholders of the Transferee Company whose names appear in the register of members/list of beneficial owners on 03.10.2025.

Source: BSE

Zee Entertainment Enterprises Limited confirms compliance with Securities and Exchange Board of India (Depositories and Participants) Regulations for the quarter ended September 30, 2025. A certificate was received from M/S MUFG Intime India Private Limited, the Registrar and Share Transfer Agent, ensuring all regulatory requirements were met for the specified period. The company acknowledged receipt of the certificate.

Certificate of Compliance

Zee Entertainment Enterprises Limited has received a certificate regarding compliance with regulatory requirements for the quarter ending September 30, 2025. The certificate, provided by M/S MUFG Intime India Private Limited, confirms adherence to all relevant norms pertaining to depositories and participants.

Details from MUFG Intime

MUFG Intime India Private Limited, the Registrar and Share Transfer Agent, verified securities received for dematerialization during the quarter. They confirmed that these securities were handled according to regulations. Securities have been confirmed (accepted/rejected) to the depositories by them.

Additionally, MUFG Intime confirmed that security certificates received for dematerialization were processed correctly, including mutilation and cancellation after verification, with depositories properly substituted in the register of members. This process ensures compliance within prescribed timelines.

Source: BSE

Lemon Tree Hotels has received a compliance certificate related to depositories and participants for the quarter ended September 30, 2025. This certificate, issued by KFin Technologies Limited, confirms adherence to stipulated regulations. The company has duly submitted the certificate, ensuring its compliance with relevant regulatory requirements. This action reflects Lemon Tree Hotels’ commitment to maintaining transparency and regulatory standards in its operations.

Compliance Certificate Received

Lemon Tree Hotels has announced the receipt of a certificate pertaining to compliance requirements. This certificate covers the operations of depositories and participants for Q2 2025, specifically the period ending September 30, 2025.

Details of the Certificate

The certificate was issued by KFin Technologies Limited, the Registrar and Transfer Agent of Lemon Tree Hotels. This confirms that all activities related to dematerialization requests have been duly processed within the stipulated timeframe. Key aspects include the confirmation of demat requests, verification of security listings on stock exchanges, cancellation of security certificates after verification, and the proper substitution of depository names in the register of members.

Commitment to Compliance

Lemon Tree Hotels emphasizes its commitment to adhering to all regulatory guidelines and maintaining transparency in its dealings. The company has requested the stock exchanges to take the compliance certificate on record, signifying its dedication to upholding the highest standards of corporate governance. This proactive approach demonstrates the company’s ongoing efforts to ensure full compliance with all applicable regulations and best practices.

Source: BSE

Kalpataru Projects International Limited has received a certificate confirming compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate was issued by MUFG Intime India Private Limited, the company’s Registrar and Transfer Agent. This confirms that the securities received for dematerialization during the quarter ended September 30, 2025, were duly processed.

SEBI Compliance Confirmation

Kalpataru Projects International Limited has announced the receipt of a compliance certificate from MUFG Intime India Private Limited regarding adherence to SEBI’s depository regulations. This certificate confirms the proper handling and processing of securities during dematerialization.

Details of Compliance

The certificate specifically addresses compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. It confirms that all securities received from depository participants for dematerialization during the quarter ended September 30, 2025, were correctly processed and confirmed by MUFG Intime India Private Limited.

MUFG Intime Confirmation

MUFG Intime India Private Limited (Formerly Link Intime India Private Limited), as the Registrar and Transfer Agent, has verified that the securities have been listed on the stock exchanges and that the security certificates received for dematerialization have been handled appropriately. The certificates were mutilated and cancelled after due verification, with the depositories’ names substituted in the register of members.

Source: BSE