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Transformers and Rectifiers Special Window for Physical Share Transfers

Transformers and Rectifiers (India) Limited announced the status of the special window for re-lodgement of transfer requests for physical shares as of September 30, 2025. The company reported Nil requests received, processed, approved, or rejected during this period. This update is provided with reference to a July 2, 2025, SEBI circular.

Physical Share Transfer Update

Transformers and Rectifiers (India) Limited has provided an update regarding the special window for re-lodgement of transfer requests of physical shares. This announcement pertains to the period ending September 30, 2025.

Key Details

As per the company’s statement, there were Nil requests received, processed, approved, or rejected during the reporting month. The company confirmed no activity related to the re-lodgement of physical share transfers within the specified timeframe.

Source: BSE

Tata Elxsi Strong Q2 FY26 Results with Resilient Growth

Tata Elxsi announced strong Q2 FY26 results, reporting operating revenue of Rs. 918.1 crores, a 2.9% increase QoQ. The company saw growth in overseas markets, particularly the US, with a 7.9% QoQ increase. Key verticals including Media & Communication and System Integration also contributed to the positive results. Profit Before Tax reached Rs. 214.7 crores.

Q2 FY26 Financial Highlights

Tata Elxsi reported robust financial performance for the second quarter of FY26, demonstrating resilient growth across key business segments. Key highlights include:

  • Revenues from operations: Rs. 918.1 crores, up 2.9% QoQ
  • EBITDA: Rs. 193.3 crores, with an EBITDA Margin of 21.1%
  • Profit Before Tax (PBT): Rs. 214.7 crores, up 9.4% QoQ
  • Profit After Tax (PAT): Rs. 154.8 crores, up 7.2% QoQ

The results, announced on October 9, 2025, reflect the company’s ability to navigate dynamic market conditions and capitalize on growth opportunities.

Segment Performance

Several business segments contributed significantly to Tata Elxsi’s Q2 FY26 success:

  • Media & Communication: Demonstrated strong performance with a 6.8% QoQ growth.
  • Transportation: Registered a 0.7% QoQ growth, driven by large deal wins and global OEM SDV programs.
  • System Integration: Experienced substantial growth of 20.5% over the previous quarter.

Strategic Developments

Tata Elxsi has undertaken strategic initiatives to further strengthen its capabilities and market position, including:

  • Establishment of an exclusive Cloud HIL centre for Suzuki Motors in Thiruvananthapuram.
  • Inauguration of a Global Technology Centre for Medical Devices for Bayer.

These initiatives are expected to contribute to sustained growth in the coming quarters.

US Market Growth

The company witnessed significant growth in the US market, with revenues increasing by 7.9% QoQ. This growth was driven by new customer acquisitions in core verticals and adjacent markets.

Source: BSE

Transformers and Rectifiers Certificate Under Regulation 74(5) for Q2 2026

Transformers and Rectifiers (India) Limited has received a certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2025 (Q2 2026). The certificate confirms the dematerialization of securities during this period and compliance with relevant regulations.

Confirmation of Dematerialization Compliance

Transformers and Rectifiers (India) Limited has obtained a certificate pertaining to compliance with Securities and Exchange Board of India (Depositories and Participants) Regulations. This certificate, issued by M/s MUFG Intime India Private Limited, confirms the status of securities dematerialized during Q2 2026 (July to September 2025).

Details of the Certificate

The certificate confirms that securities received for dematerialization during the quarter ended September 30, 2025, have been duly processed. MUFG Intime India Private Limited, the Registrar and Share Transfer Agent, confirmed the acceptance or rejection of securities to the depositories. Additionally, the certificate verifies that securities have been listed on the stock exchanges. The company takes note of this compliance and maintains records accordingly.

Source: BSE

Ipca Laboratories Re-lodgement of Transfer Requests for Physical Shares

Ipca Laboratories has announced the re-lodgement status of transfer requests for physical shares as of September 30, 2025. The report, received from MUFG Intime India Private Limited, indicates that there were no requests received, processed, approved, or rejected during the month. This announcement follows the circular dated July 2, 2025 regarding the re-lodgement of physical shares.

Update on Physical Share Transfers

Ipca Laboratories has provided an update regarding the re-lodgement of transfer requests for physical shares. The update is effective as of September 30, 2025.

Key Highlights

The following details summarize the activity for the period:

  • 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: Not Applicable

This information was received from MUFG Intime India Private Limited, the Registrar and Share Transfer Agent for Ipca Laboratories.

Source: BSE

Asian Paints Compliance Certificate for Depository Regulations Received

Asian Paints has received a certificate confirming compliance with the SEBI (Depositories and Participants) Regulations for the quarter ended September 30, 2025. The certificate, furnished by MUFG Intime India Private Limited, confirms that all securities dematerialized during the quarter have been duly processed and reported to the depositories and stock exchanges as per regulatory requirements.

Depository Compliance Confirmation

Asian Paints has received confirmation of adherence to regulatory standards concerning depository operations. A certificate was issued by MUFG Intime India Private Limited, the Registrar and Share Transfer Agent, verifying compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for Q2 (July-September) of FY26.

Certificate Details

The certificate confirms that all details of securities dematerialized during the quarter ending September 30, 2025, have been furnished to the Depositories and the Stock Exchanges where the equity shares of Asian Paints are listed. This ensures transparency and adherence to regulatory guidelines concerning the handling of dematerialized securities.

Official Filing

This information was officially filed with the BSE Limited and the National Stock Exchange of India Limited on October 9, 2025, by R J Jeyamurugan, CFO & Company Secretary of Asian Paints.

Source: BSE

Coal India Credit Rating Reaffirmed at CARE AAA; Stable Outlook

CARE Ratings has reaffirmed Coal India Limited’s (CIL) long-term bank facilities rating at CARE AAA; Stable and short-term bank facilities at CARE A1+. The ratings reflect CIL’s dominant position in domestic coal mining, strong government support, and healthy financial risk profile. CIL’s strategic importance in meeting India’s energy needs, coupled with strong revenue visibility through Fuel Supply Agreements (FSAs), further supports the ratings.

Key Rating Highlights

CARE Ratings has reaffirmed the credit ratings for Coal India Limited (CIL), citing the company’s strong market position and financial stability. The long-term bank facilities are rated CARE AAA; Stable, while the short-term bank facilities are rated CARE A1+. These ratings reflect CIL’s crucial role in the Indian energy sector and its robust operational performance.

Factors Supporting the Rating

The ratings are underpinned by several key factors:

  • Dominant Market Position: CIL holds a dominant position in the domestic coal mining industry, ensuring a stable revenue stream.
  • Government Support: The company benefits from majority ownership by the Government of India (GoI), highlighting its strategic importance.
  • Strong Financial Profile: CIL demonstrates a comfortable financial risk profile, characterized by low debt levels and healthy profitability margins.
  • Revenue Visibility: Long-term demand is secured through Fuel Supply Agreements (FSAs), providing strong revenue visibility.

Financial Performance and Outlook

CIL’s performance in FY25 and Q1FY26 remained healthy, supported by its capacity utilization and stable sales volume. While auction premiums have seen some moderation, the company’s overall financial risk profile remains strong. Going forward, CIL is expected to maintain its dominant position and financial stability, supported by sustained demand from the power sector and ongoing operational efficiencies.

Rating Sensitivities

The rating outlook could be revised if there are significant changes in government policies affecting CIL’s operations or materialization of contingent liabilities impacting liquidity. Higher-than-expected debt-funded capital expenditure or acquisitions, resulting in overall gearing beyond 0.50x, could also lead to a rating downgrade.

Source: BSE

MMTC Limited Certificate for Depositories and Participants Regulations Compliance

MMTC Limited has received a certificate confirming compliance with SEBI’s Depositories and Participants Regulations for the quarter ended September 30, 2025. This certificate, issued by MCS Share Transfer Agent Limited, validates MMTC’s adherence to regulatory requirements concerning the handling of dematerialized securities.

Regulatory Compliance Confirmation

MMTC Limited has received confirmation of its compliance with regulatory standards concerning depositories and participants. This confirmation comes in the form of a certificate from MCS Share Transfer Agent Limited.

Details of the Compliance

The certificate confirms adherence to the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ending September 30, 2025. The certificate received confirms that securities received for dematerialization have been duly processed within 15 days.

Key Highlights from the Certificate

The certificate indicates that the securities comprised in the certificate have been listed on the stock exchanges. Furthermore, after due verification, the certificates have been mutilated and cancelled, and the name of the depository has been substituted in the records as the registered owner.

Source: BSE

MMTC Limited Appointment of Statutory Auditors for Financial Year 2025-26

MMTC Limited has announced the appointment of its statutory auditors for the financial year 2025-26, as mandated by the Comptroller & Auditor General of India. The appointed firms will oversee the statutory audits, joint statutory audits, and branch audits of the company, ensuring compliance and accuracy in financial reporting. The roster includes firms from New Delhi, Mumbai, Chennai, Visakhapatnam, and Hyderabad, reflecting a broad geographical coverage for the audit process.

Statutory Auditor Appointments

MMTC Limited has confirmed the appointment of statutory auditors for the financial year 2025-26. This decision follows guidelines from the Comptroller & Auditor General of India. The auditors will conduct statutory, joint statutory, and branch audits for the company.

List of Appointed Audit Firms

The following firms have been appointed as Statutory Auditors for the financial year 2025-2026:

1. M/s. DINESH JAIN & ASSOCIATES, NEW DELHI

2. M/s. A P DOSHI & COMPANY LLP, MUMBAI

3. M/s. SHARP & TANNAN, CHENNAI

4. M/s. SUDHAKAR & KUMAR ASSOCIATES, VISAKHAPATNAM

5. M/s. PUNDARIKASAHYAM & ASSOCIATES, HYDERABAD

Audit Scope and Coverage

These appointed firms will handle various aspects of the company’s audit requirements across different geographical locations. This includes regional offices and distribution centers, ensuring a comprehensive audit coverage for the financial year 2025-26.

Source: BSE

Kajaria Ceramics Reports on Re-lodgement of Physical Share Transfer Requests

Kajaria Ceramics has provided an update regarding the re-lodgement of transfer requests for physical shares. The company’s Registrar and Share Transfer Agent, MCS Share Transfer Agent Limited, has provided a report on the matter as of October 6, 2025. The information details the status of requests received and processed under the special window.

Update on Physical Share Transfers

Kajaria Ceramics has announced an update related to the re-lodgement of physical share transfer requests. This update reflects the activity handled by their Registrar and Share Transfer Agent, MCS Share Transfer Agent Limited.

Key Metrics and Data

The report, covering the period from September 7, 2025, to October 6, 2025, indicates the following:

  • Requests Received: 1
  • Requests Processed: 1
  • Requests Approved: 0
  • Requests Rejected: 1
  • Average Processing Time: Within 07 days

Source: BSE

Tata Elxsi Audited Financial Results for Quarter and Half-Year Ended September 30, 2025

Tata Elxsi announced its audited financial results for the quarter and half-year ended September 30, 2025. The company reported revenue from operations of ₹181.02 crore for H1 2026, and a net profit of ₹29.92 crore for Q2 2026 and ₹78.49 crore for H1 2026. The results reflect strong performance in software development and services.

Financial Performance

Tata Elxsi reported a strong financial performance for the quarter and half-year ended September 30, 2025. Key highlights include:

  • Revenue from Operations (H1 2026): ₹181.02 crore
  • Net Profit (Q2 2026): ₹29.92 crore
  • Net Profit (H1 2026): ₹78.49 crore

Segment Performance

A breakdown of segment-wise revenue and results:

  • Software Development & Services: Revenue of ₹176.63 crore (H1 2026)
  • System Integration & Support Services: Revenue of ₹4.39 crore (H1 2026)

Balance Sheet Highlights

Key figures from the balance sheet as of September 30, 2025:

  • Total Equity: ₹270,264.19 lakhs
  • Total Assets: ₹345,578.78 lakhs

Cash Flow Summary

The statement of cash flow provides the following insights:

  • Net Cash Generated from Operating Activities (H1 2026): ₹26,578.89 lakhs

Source: BSE