Torrent Power has confirmed the dematerialization of securities for the quarter ended September 30, 2025 (Q2 2025). The confirmation was received from M/s. MUFG Intime India Pvt. Ltd., the Registrar and Transfer Agent. This confirms that all received securities from depository participants have been processed, and related certificates have been duly listed on stock exchanges.

Security Dematerialization Confirmation

Torrent Power has received confirmation from M/s. MUFG Intime India Pvt. Ltd., its Registrar and Transfer Agent, regarding the dematerialization of securities for the quarter ended September 30, 2025 (Q2 2025). The confirmation pertains to Regulation 74(5) concerning depositories and participants.

Details of Dematerialization

The received securities from depository participants for dematerialization during Q2 2025 were confirmed with the depositories. The security certificates have been listed on stock exchanges after processing.

MUFG Intime India’s Confirmation

MUFG Intime India Private Limited confirmed that the security certificates received for dematerialization were processed. Certificates have been mutilated and canceled after verification by the depository participant. The names of the depositories have been updated in the register of members.

Source: BSE

HFCL has been assigned a ‘Strong’ ESG rating by ERAIL (ESG Risk Assessments and Insights Limited), India’s first ESG rating provider. The rating, received on October 9, 2025, reflects HFCL’s commitment to sustainable growth, environmental stewardship, social responsibility, and sound corporate governance. This assessment was independently conducted by ERAIL based on publicly available data.

‘Strong’ ESG Rating Awarded

HFCL has received a ‘Strong’ rating for its Environmental, Social, and Governance (ESG) practices from ESG Risk Assessments and Insights Limited (ERAIL). The announcement was made on October 9, 2025.

Key Rating Highlights

The ESG rating received by HFCL is ’65 (Strong)’, indicating a robust commitment to sustainable business practices. This assessment by ERAIL reflects the company’s focus on environmental stewardship, social responsibility, and overall sound corporate governance.

Company Commitment

The rating specifically acknowledges HFCL’s dedication to sustainable growth. ERAIL conducted its assessment independently, utilizing data available in the public domain. HFCL emphasizes that they did not engage ERAIL for this rating.

Source: BSE

Samvardhana Motherson International has completed the acquisition of an additional 20% stake in Youngshin Motherson Auto Tech Limited (YMAT) from Youngshin Components Co. Ltd., South Korea. The acquisition, initially disclosed on August 29, 2025, was finalized on October 09, 2025, after fulfilling precedent conditions. As a result, YMAT has now become a wholly-owned subsidiary of Samvardhana Motherson International.

YMAT Now Wholly Owned

Samvardhana Motherson International announced the completion of its acquisition of Youngshin Motherson Auto Tech Limited (YMAT). This move reinforces the company’s position in the automotive technology sector.

Acquisition Details

The company finalized the acquisition of an additional 20% stake in YMAT, making it a 100% owned subsidiary. The initial disclosure regarding this acquisition was made on August 29, 2025. The transaction concluded on October 09, 2025, after the completion of all necessary precedent conditions. YMAT is based in South Korea and specializes in automotive technology.

Source: BSE

NTPC Limited and the Government of Gujarat have signed a Memorandum of Understanding (MoU) on October 9, 2025, to explore opportunities in both conventional and non-conventional energy sectors. This collaboration aims to strengthen India’s Net Zero goals, with NTPC committed to achieving 60 GW of renewable energy capacity by 2032. NTPC is dedicated to delivering reliable and sustainable electricity to the nation.

Partnership for Energy Exploration

NTPC Limited has partnered with the Government of Gujarat, formalizing their intent through a Memorandum of Understanding (MoU) signed on October 9, 2025. The agreement focuses on identifying and developing opportunities within both traditional and renewable energy domains within the state of Gujarat.

Renewable Energy Focus

This collaboration supports NTPC’s commitment to achieving 60 GW of renewable energy capacity by 2032. The partnership underscores NTPC’s broader objective of strengthening India’s Net Zero goals through diverse energy solutions, including thermal, hydro, solar, and wind power plants.

NTPC’s Diversified Ventures

NTPC is expanding its business interests into new areas, including e-mobility, battery storage, pumped hydro storage, waste-to-energy solutions, nuclear power, and green hydrogen initiatives.

Source: BSE

Gujarat Pipavav Port Limited has released its operational data for the quarter and half-year ended September 30, 2025. The data reveals container volume handled was 164,000 TEUs during the quarter ended September 2025. Dry bulk volume was 1.05 Mn MT, while liquid volume stood at 0.38 Mn MT. Ro-Ro volume reached 56,000 units.

Cargo Volume Performance

Gujarat Pipavav Port Limited has announced its operational data for the quarter and half-year period ending September 30, 2025. Here’s a summary of key cargo volume indicators:

Container Throughput

Container volumes (measured in TEUs) reached 164,000 TEUs in Q2 FY26 (Jul-Sep 25) compared to 179,000 TEUs in Q2 FY25 (Jul-Sep 24). The half-year volume (Apr-Sep 25) reached 328,000 TEUs.

Dry and Liquid Bulk

Dry bulk cargo handling stood at 1.05 Mn MT for Q2 FY26 (Jul-Sep 25), decreasing from 0.46 Mn MT in Q2 FY25 (Jul-Sep 24). Liquid cargo volume was 0.38 Mn MT for the same period, compared to 0.33 Mn MT in the previous year’s corresponding quarter.

Ro-Ro Traffic

The Ro-Ro segment saw a volume of 56,000 units in Q2 FY26 (Jul-Sep 25), which is up from 33,000 units in Q2 FY25 (Jul-Sep 24).

Rail Operations

The port handled 461 container trains during Q2 FY26 (Jul-Sep 25) in comparison to 515 in Q2 FY25 (Jul-Sep 24). Containers handled on trains amounted to 111,000 TEUs during Q2 FY26 (Jul-Sep 25).

Source: BSE

Brigade Enterprises has received the compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2025. The certificate, received from KFin Technologies Ltd, confirms that all security dematerializations and rematerializations were processed within the stipulated time limits and reported to the Stock Exchanges.

Compliance Certificate Received

Brigade Enterprises has announced the receipt of a compliance certificate related to regulatory requirements. The certificate pertains to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

Details of the Certification

The certificate covers the period for the quarter ended September 30, 2025 (Q2 FY26). It confirms compliance with the handling of dematerialization and rematerialization of securities.

Confirmation from Registrar

The certificate was issued by KFin Technologies Ltd, the Registrar and Transfer Agent (RTA) for Brigade Enterprises. This confirms that all activities related to the dematerialization and rematerialization of securities were processed within the timelines prescribed by regulatory standards.

Source: BSE

Amber Enterprises India Limited announces that its material subsidiary, IL JIN Electronics (India) Private Limited (“IL JIN”), has completed the acquisition of a 40.20% stake in Unitronics (1989) (R”G) Ltd. The acquisition was made through ILJIN Holding Ltd, a wholly-owned subsidiary of IL JIN, for NIS 156,082,400.25. This acquisition grants IL JIN a controlling stake in Unitronics, making it a subsidiary of ILJIN Holding and a step-down subsidiary of IL JIN and Amber.

Acquisition Completed

IL JIN Electronics (India) Private Limited (“IL JIN”), a material subsidiary of Amber Enterprises India Limited, has successfully acquired a 40.20% stake in Unitronics (1989) (R”G) Ltd. (“Unitronics”). The acquisition was finalized on October 9, 2025.

Deal Details

The acquisition involved the purchase of 5,624,591 ordinary shares of Unitronics through ILJIN Holding Ltd (“ILJIN Holding”), an Israel-based subsidiary of IL JIN. The aggregate purchase price amounted to NIS 156,082,400.25, representing a per-share price of NIS 27.75.

Breakdown of Share Acquisition

The stake was acquired from the following entities:

1) FIMI Opportunity V, L.P and FIMI Israel Opportunity V, Limited Partnership (together “FIMI Fund”) sold 4,385,351 ordinary shares, constituting approximately 31.34% of Unitronics’s issued and paid-up share capital (excluding dormant shares), for approximately NIS 121,693,490.

2) Mr. Haim Shani sold 1,239,240 ordinary shares, constituting approximately 8.86% of the Unitronics’s issued and paid-up share capital (excluding dormant shares), for approximately NIS 34,388,910.

Impact of Acquisition

With this acquisition, Unitronics has become a subsidiary of ILJIN Holding and, consequently, a step-down subsidiary of both IL JIN and Amber. The acquisition constitutes a controlling stake in Unitronics.

Source: BSE

Nykaa has received a certificate confirming compliance with SEBI (Depositories and Participants) Regulations for Q2 (Jul-Sep) 2025. The certificate, received from MUFG Intime India Private Limited, confirms adherence to regulations concerning securities held in depository form. This announcement ensures investors of Nykaa’s continued regulatory compliance.

Depository Compliance Confirmation

Nykaa (FSN E-Commerce Ventures Limited) has announced the receipt of a compliance certificate regarding Securities and Exchange Board of India (SEBI) regulations. The certificate pertains to depositories and participants for Q2 (Jul-Sep) 2025.

Details of Compliance

The certificate, dated October 9, 2025, was issued by MUFG Intime India Private Limited, the Registrar and Share Transfer Agent of Nykaa. It confirms compliance with the above-mentioned regulations for the quarter ended September 30, 2025.

Impact and Next Steps

The compliance certificate indicates that Nykaa adheres to the necessary regulatory standards for managing securities in depository form. This confirmation ensures continued adherence to regulatory guidelines and investor confidence. The company has requested the stock exchanges to take note of the information.

Source: BSE

Brickwork Ratings has reaffirmed IDFC FIRST Bank’s long-term rating at BWR AA+/Stable for its outstanding non-convertible debentures (NCDs), totaling ₹621.00 crore. This rating considers the bank’s business growth, asset quality, and capital adequacy. The outlook is stable, reflecting confidence in the bank’s performance and management. This decision reflects the bank’s consistent financial health and strategic initiatives.

Rating Reaffirmation Details

IDFC FIRST Bank has received confirmation that its BWR AA+/Stable rating for outstanding non-convertible debentures aggregating to ₹621.00 crore has been reaffirmed by Brickwork Ratings. This announcement was made on October 8, 2025.

Key Rating Drivers

The rating reaffirmation is supported by several factors including:

• Business growth to ₹5.10 lakh Crs as of June 30, 2025, including gross funded assets of ₹2.53 lakh Crs and customer deposits of ₹2.57 lakh Cr.
• Retail deposits constituting 80% of total customer deposits as of June 30, 2025.
• CASA ratio of 48.0% as of June 30, 2025.
• Capital adequacy with a total CRAR at 15.01% and CET-1 ratio of 12.80% as of June 30, 2025.

Asset Quality

The bank’s asset quality metrics show a Gross Non-Performing Assets (GNPA) ratio below 2% and a Net Non-Performing Assets (NNPA) ratio below 1% as of June 30, 2025. While there was a slight increase in slippages in the retail, rural, MSME finance, and microfinance books, the bank is closely monitoring the microfinance business.

Liquidity and Profitability

The bank’s customer deposits increased by 25.5% YOY for the quarter ending June 30, 2025, reaching ₹2,56,799 Crs. Net profit grew sequentially by 52.1% to ₹463 crore in Q1 FY26. Return on Assets (ROA) stood at 0.53% and Return on Equity (ROE) at 4.83% for Q1 FY26.

Risks and Mitigants

The rating is tempered by a high credit-deposit ratio, though it has been improving, and a cost-to-income ratio above 70%. However, the bank is actively working to reduce these ratios. A retail-centric activity is expected to improve performance. Additionally, the rating considers the impact of provisioning costs in the microfinance sector on profitability. The bank is aiming to restore its ROA and ROE to previous levels by fiscal year 2024.

Management and Operations

The IDFC FIRST Bank management team, headed by Mr. V. Vaidyanathan, is experienced. The bank offers a range of services including Retail, MSME, Rural, and Corporate Banking, and is focused on reducing its reliance on high-cost infrastructure bonds and certificates of deposit.

Source: BSE