Home Blog Page 496

Godrej Consumer Products Q2 FY26 Quarterly Update

Godrej Consumer Products expects mid-single digit INR revenue growth for Q2 FY26. The update notes a short-term impact on profitability due to GST rate reductions, with EBITDA likely to decline. The company anticipates a return to stronger performance in the second half of the financial year. Home Care continues to show strong momentum, while Personal Care is expected to decline slightly.

Q2 FY26 Performance Overview

Godrej Consumer Products anticipates mid-single digit INR revenue growth for Q2 FY26. This reflects the operating performance and demand trends during the quarter ending September 30, 2025. This is based on internal unaudited management reports.

Impact of GST Reforms

Recent GST reforms are expected to strengthen consumer demand, benefiting nearly one-third of GCPL’s portfolio with a reduced GST of 5%. The company passed on these benefits effective September 22, 2025. The GST rate reductions resulted in some short-term adjustments across trade channels, impacting growth and profitability.

Segment Performance

The Standalone business is expected to deliver mid-single digit value growth, supported by low-single digit UVG. Home Care continues to demonstrate strong momentum, likely resulting in high-single digit value growth. Personal Care is likely to decline low-single digit, influenced by the soaps category.

International Performance

Indonesia continues to witness heightened competitive pricing activity, likely resulting in a low-single digit decline in value growth, albeit with slightly positive UVG. GAUM (Godrej Africa, USA, and Middle East) is likely to deliver its consecutive third quarter of strong topline performance. It is expected to deliver double-digit value and volume growth.

Profitability Outlook

The GST transition in India is expected to have a short-term impact on profitability, with EBITDA likely to decline for the quarter. The company remains confident in its plans and is positive about the likely performance in the second half of the financial year.

Source: BSE

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

RBL Bank 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, issued by MUFG Intime India Pvt. Ltd, the Registrar and Share Transfer Agent of the Bank, confirms compliance with regulatory requirements regarding dematerialization of securities. This submission ensures adherence to regulatory standards and transparency for investors.

Regulatory Compliance Confirmation

RBL Bank confirms the submission of a certificate concerning the handling of securities during the financial quarter ending September 30, 2025. This certificate, provided by MUFG Intime India Pvt. Ltd., validates the processes related to securities dematerialization as per regulatory guidelines.

Details of the Certificate

The certificate confirms that securities received for dematerialization have been duly processed. MUFG Intime India Pvt. Ltd., in its capacity as the Registrar and Share Transfer Agent, has verified and confirmed (accepted/rejected) these securities to the depositories. The certificate also notes that securities comprised in certificates have been listed on stock exchanges.

MUFG Intime’s Assurance

MUFG Intime India Pvt. Ltd. has further confirmed that security certificates received for dematerialization have been confirmed/rejected, and subsequently, these certificates were mutilated and cancelled post verification. The register of members has also been updated to reflect the changes in ownership, ensuring compliance with the prescribed timelines.

Source: BSE

PB Fintech Board to Consider Quarterly Results on October 29, 2025

The Board of Directors of PB Fintech Limited is scheduled to meet on October 29, 2025, to review and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025 (Q2 FY26). The meeting will also cover a limited review report by the auditors. The trading window for company securities remains closed until October 31, 2025.

Board Meeting Announcement

PB Fintech Limited has announced that its Board of Directors will convene on October 29, 2025. The primary agenda of the meeting is to review and approve the company’s financial performance for the second quarter of the fiscal year.

Financial Results on the Agenda

The board will specifically focus on the unaudited standalone and consolidated financial results for the quarter and half-year which ended on September 30, 2025 (Q2 FY26). This includes a review of key financial metrics and overall company performance during this period. The auditors’ limited review report will also be presented and discussed.

Trading Window Closure

As previously announced on September 30, 2025, the trading window for dealing in the company’s securities remains closed for designated persons and their immediate relatives. This restriction will stay in effect until October 31, 2025.

Source: BSE

Waaree Energies Acquisition of 64% Equity Stake in Kotsons Private Limited Completed

Waaree Energies Limited has successfully completed the acquisition of a 64% equity stake in Kotsons Private Limited. The acquisition, initially disclosed on September 02, 2025, was finalized on October 07, 2025. The total consideration for the acquisition amounted to INR 192 crores. Following this transaction, Kotsons Private Limited has become a subsidiary of Waaree Energies.

Acquisition Completed

Waaree Energies Limited announced the completion of the acquisition of a 64% equity stake in Kotsons Private Limited, effective October 07, 2025. This strategic move was initially disclosed on September 02, 2025, and marks a significant step in Waaree Energies’ growth strategy.

Transaction Details

The acquisition was completed for a total consideration of INR 192 crores. With this acquisition, Kotsons Private Limited now operates as a subsidiary of Waaree Energies. This strategic acquisition should allow the company to expand into new markets. The company announced that the acquisition was completed today at 04:53 p.m. (IST).

Source: BSE

DB Realty Sahyadri Agro and Dairy Merger Approved

DB Realty has announced that a scheme of merger has been entered into between Sahyadri Agro and Dairy Private Limited (“SADPL”) and Horizontal Ventures Private Limited (“HVPL”). SADPL is a wholly-owned subsidiary of HVPL, a step-down subsidiary of DB Realty. The Scheme has been filed with the National Company Law Tribunal (“NCLT”), Mumbai.

Merger of Subsidiaries

DB Realty has announced the merger of Sahyadri Agro and Dairy Private Limited (“SADPL”) with Horizontal Ventures Private Limited (“HVPL”). The announcement was made on October 7, 2025.

Details of the Scheme

The merger involves Sahyadri Agro, the “Transferor Company”, and Horizontal Ventures, the “Transferee Company”. The company has filed the scheme with National Company Law Tribunal (“NCLT”), Mumbai today.

Financial Details

Based on unaudited provisional management certified financial statements as of July 31, 2025:

Sahyadri Agro and Dairy Private Limited:

  • Paid-up Capital: ₹708.17 Lakhs
  • Net worth: ₹6,570.60 Lakhs
  • Turnover: ₹5,671.89 Lakhs

Horizontal Ventures Private Limited:

  • Paid-up Capital: ₹1400.56 Lakhs
  • Net worth: ₹(22,924.05) Lakhs

Effective Date

The appointed date of the Scheme would be April 1, 2025, or another date as directed or approved by the NCLT, Mumbai.

Rationale for the Merger

The Transferor Company is a direct wholly owned subsidiary of the Transferee Company. The proposed amalgamation of Transferor Company with the Transferee Company would result in the following benefits:

  • Elimination of a multi-layered holding structure by merging legacy companies.
  • Operational and administrative synergies and reduction of duplicative legal and regulatory compliance requirements.

Source: BSE

Eternal Limited Certificate for Depositories and Participants Regulations

Eternal Limited has received a certificate from MUFG Intime India Private Limited, the Registrar and Share Transfer Agent, for the quarter ended September 30, 2025. The certificate confirms compliance with the Securities and Exchange Board of India (Depositories and Participants) Regulations. This announcement indicates adherence to regulatory requirements concerning depositories and participants.

Certificate of Compliance

Eternal Limited (formerly known as Zomato Limited) has received confirmation of compliance with regulatory requirements for the quarter ending September 30, 2025. MUFG Intime India Private Limited, the Registrar and Share Transfer Agent, issued the certificate.

Details of Confirmation

The certificate confirms that MUFG Intime India Private Limited did not receive any demat requests for processing during the quarter ended September 30, 2025. The company has enclosed the certificate received from the Registrar and Share Transfer Agent.

Source: BSE

Emcure Promoter Group Members Withdraw Re-classification Application

Several members of Emcure Pharmaceuticals’ promoter group have withdrawn their application seeking re-classification of their shareholding to the ‘Public’ category. A total of 15 members, initially part of the re-classification request, have decided to remain within the Promoter and Promoter Group, as confirmed by their letter dated October 7, 2025. The company has already submitted an application for the withdrawal of the said re-classification.

Re-classification Plans Halted

Emcure Pharmaceuticals has announced that certain members of its Promoter and Promoter Group have decided to withdraw their application for re-classification of their shareholding. This development comes after the initial requests were made public in June.

Key Details of the Withdrawal

The decision to withdraw the re-classification application involves a total of 15 members of the Promoter and Promoter Group. These members have formally communicated their intent to remain as part of the Promoter and Promoter Group of the company via a letter dated October 7, 2025.

Entities Retaining Promoter Status

The following entities will remain classified under the “Promoter” category:

  • Uth Beverage Factory Private Limited
  • Thapar Ventures Private Limited
  • Avet Lifesciences Private Limited
  • Thapar Vision LLP
  • Heritage Pharma Holdings Inc.
  • H. M. Sales Corporation
  • Sassy Stories
  • Indus Trust
  • Tulsi Trust
  • Cayuga Trust
  • Menlo Trust
  • Sapphire Trust
  • Himalayan Trust
  • Incredible Ideas Private Limited
  • Incredible Ventures Private Limited

Source: BSE

Balrampur Chini Mills Certificate of Compliance for Q2 2025

Balrampur Chini Mills has successfully submitted the certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2025 (Q2 FY26). This confirms compliance regarding the dematerialization/rematerialization of securities. The certificate was received from KFin Technologies Limited, the Registrar and Share Transfer Agent (RTA) of the company.

Compliance Confirmation for Q2 FY26

Balrampur Chini Mills has officially announced the successful submission of the necessary compliance certificate for the second quarter of the financial year 2026, which ended on September 30, 2025. This filing adheres to the guidelines set forth under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

Details of the Filing

The certificate, verifying the accurate processing of security dematerialization and rematerialization requests, was furnished by KFin Technologies Limited, the company’s Registrar and Share Transfer Agent (RTA). The announcement, dated October 7, 2025, confirms that all requirements have been met according to the stipulated regulations, ensuring transparent and compliant operations in handling investor securities for Balrampur Chini Mills.

Source: BSE

PCBL Chemical Awarded Prestigious Gold Medal in Ecovadis Sustainability Rating

PCBL Chemical Limited has been awarded the prestigious Gold Medal in the Ecovadis Sustainability rating for the financial year 2023-24. The company’s Ecovadis Sustainability score has shown significant improvement, rising to 78. This achievement places PCBL Chemical Limited among the top 5% of companies globally assessed by Ecovadis.

Sustainability Recognition

PCBL Chemical Limited has received the prestigious Gold Medal in the Ecovadis Sustainability rating for the financial year 2023-24. The company has demonstrated a strong commitment to sustainability and responsible business practices. This award highlights the company’s ongoing efforts to improve its environmental, social, and governance (ESG) performance.

Improved Sustainability Score

The company’s Ecovadis Sustainability score has improved significantly, reaching 78, showcasing the progress made in various sustainability initiatives. This achievement positions PCBL Chemical Limited among the top 5% of companies worldwide assessed by Ecovadis, demonstrating a high level of commitment to sustainable practices.

Commitment to ESG

This recognition is a testament to PCBL Chemical’s focused and calibrated efforts towards enhancing sustainability performance across all key Environmental, Social, and Governance (ESG) parameters. The company’s dedication to responsible business practices and continuous improvement in ESG standards has been acknowledged by leading global rating agencies.

Source: BSE

Aadhar Housing Finance Certificate for Q2 FY26 under SEBI Regulations

Aadhar Housing Finance has submitted a certificate under SEBI regulations for the quarter ended September 30, 2025 (Q2 FY26). The certificate, issued by KFin Technologies Limited, confirms the status of securities dematerialization and rematerialization during the period from July 1, 2025, to September 30, 2025. The company has requested the stock exchanges to take note of the certificate.

Certificate of Compliance

Aadhar Housing Finance has announced the submission of a compliance certificate concerning SEBI (Depositories and Participants) Regulations, 2018 for Q2 FY26, specifically the period ending September 30, 2025.

Details of the Certificate

The certificate, provided by KFin Technologies Limited, the Registrar and Share Transfer Agent, confirms the status of securities-related activities.

Confirmation of Dematerialization

The certificate confirms that the details of securities dematerialized or rematerialized during the quarter is Nil. This means that no intimation needs to be made to Depository and Stock Exchanges.

Source: BSE