Home Blog Page 503

R R Kabel Hemlata Home Solutions Increases Stake in Promoter Group

Hemlata Home Solutions Private Limited, part of the Promoter Group of R R Kabel, has increased its shareholding in the company. The acquisition involves 5,832,464 shares, representing 5.16% of the total share/voting capital. This acquisition was executed as part of a Scheme of Amalgamation. The transaction does not alter the overall holding percentage of the Promoter and Promoter Group, which remains at 61.76%.

Promoter Group Shareholding Adjustment

Hemlata Home Solutions Private Limited, a member of the promoter group in R R Kabel, has increased its ownership of the company’s shares. The company acquired 5,832,464 shares or 5.16%.

Details of the Acquisition

The acquisition was a result of a Scheme of Amalgamation of two entities, Ram Ratna Research and Holdings Private Limited and Jag-Bid Finvest Private Limited, with Hemlata Home Solutions Private Limited with an effective date of October 1, 2025. While Hemlata Home Solutions Private Limited’s stake changed due to this scheme, the overall shareholding of the promoter and promoter group remains unchanged at 6,98,46,196 shares which constitute 61.76% of the equity share capital of R R Kabel Limited.

Source: BSE

RR Kabel Acquisition of Shares Pursuant to Amalgamation Scheme

RR Kabel has announced an acquisition of 58,32,464 equity shares, representing 5.16% of the total paid-up equity share capital, pursuant to a Scheme of Amalgamation. This acquisition, effective October 1, 2025, involves the amalgamation of Ram Ratna Research and Holdings Private Limited and Jag-Bid Finvest Private Limited with Hemlata Home Solutions Private Limited. There will be no change in the aggregate shareholding of the promoter/promoter group due to this transfer.

Acquisition via Scheme of Amalgamation

RR Kabel announced on October 3, 2025, the acquisition of shares following a Scheme of Amalgamation. The acquisition was effective October 1, 2025.

Details of the Acquisition

The company acquired 58,32,464 equity shares, representing 5.16% of the total paid-up equity share capital. This acquisition is pursuant to the Scheme of Amalgamation between Ram Ratna Research and Holdings Private Limited and Jag-Bid Finvest Private Limited with Hemlata Home Solutions Private Limited. The Scheme was approved by the National Company Law Tribunal, Mumbai Bench, on September 11, 2025.

Impact on Shareholding

The acquisition will not lead to any change in the aggregate holding of the Promoter and Promoter Group. Post-transaction, the Promoter and Promoter Group will continue to hold 6,98,46,196 equity shares, representing 61.76% of the total equity share capital of RR Kabel Limited.

Breakdown of Share Transfer

The following outlines the share transfers involved in the amalgamation:

  • Hemlata Home Solutions Private Limited now holds 58,32,464 shares, representing 5.16%.
  • Shares from Ram Ratna Research and Holdings Private Limited: 44,88,464 (previously 3.97%)
  • Shares from Jag-Bid Finvest Private Limited: 13,44,000 (previously 1.19%)

Source: BSE

KEC International Secures New Orders Worth ₹1,102 Crores

KEC International Ltd., an RPG Group Company, has announced new orders worth ₹1,102 crores across its diverse business segments. These include significant orders in civil construction, transportation, transmission & distribution, and cables & conductors both in India and overseas. The new wins enhance the company’s order book and demonstrate its continued growth in the infrastructure sector. Year-to-date order intake now stands at approximately ₹12,800 crore.

Order Highlights

KEC International has announced securing new orders totaling ₹1,102 crores across its various business verticals. The announcement was made on October 06, 2025. The orders span across civil, transportation, transmission & distribution (T&D), and cables & conductors businesses.

Segment-Wise Breakdown

Civil: The business has secured an order for civil and structural works for a 150 MW thermal power plant from a leading private player in India.

Transportation: The business has secured orders in the Train Collision Avoidance System (TCAS) segment under ‘Kavach’ in India.

Transmission & Distribution (T&D): The business has secured orders for the supply of towers, hardware, and poles in the Americas and the Middle East.

Cables & Conductors: The business has secured orders for the supply of various types of cables and conductors in India and the overseas market.

Management Commentary

Mr. Vimal Kejriwal, MD & CEO of KEC International Ltd., commented, “We are pleased with the order wins across our various businesses. The Civil business has further expanded its presence in the Buildings & Factories (B&F) segment by securing an order for civil & structural works of a thermal power plant and widened its customer base with the addition of a very reputed client. Our Transportation business continues to gain momentum in the prestigious TCAS (Kavach) segment, with orders aimed at enhancing the safety of Indian Railways through world-class technology. With these orders, our YTD order intake now stands at ~₹12,800 crore.”

Source: BSE

Minda Corporation Certificate for Depositories and Participants Regulations, Q2 2025

Minda Corporation has released a certificate confirming compliance with Securities and Exchange Board of India (Depositories and Participants) Regulations for the quarter ended September 30, 2025. The certificate, received from Skyline Financial Services Private Limited, verifies the dematerialization of securities. This announcement ensures investors of the company’s adherence to regulatory requirements.

Certificate of Compliance

Minda Corporation has received a certificate confirming adherence to SEBI (Depositories and Participants) Regulations for Q2 2025, specifically for the period ending September 30, 2025. This certificate was provided by M/s. Skyline Financial Services Private Limited, the Registrar and Share Transfer Agent for Minda Corporation.

Verification of Dematerialization

The certificate confirms that physical share certificates received for dematerialization of securities have been processed correctly. It verifies that the securities listed in the certificate are indeed listed on the stock exchange and that the certificates have been mutilated and cancelled after due verification. The depository’s name has been substituted in the records as the registered owner within the stipulated 15-day timeframe.

Source: BSE

Oracle Financial Services Grants Stock Options Under OFSS Stock Plan 2014

Oracle Financial Services Software Limited announced the grant of 168 stock options named OFSS Stock Units (OSUs) under the OFSS Stock Plan 2014 to an employee. This grant was approved by the Nomination and Remuneration Committee of the Board of Directors on October 6, 2025. The stock options will vest as per the defined vesting schedule and are exercisable during the plan’s exercise period.

Stock Option Grant Details

On October 6, 2025, the Nomination and Remuneration Committee of the Board of Directors of Oracle Financial Services Software Limited approved the grant of stock options to an employee under the OFSS Stock Plan 2014.

OFSS Stock Units

The company has granted 168 Stock Options, which are named OFSS Stock Units (OSUs), under the OFSS Stock Plan 2014 (“Plan”).

Vesting and Exercise

These OSUs will vest according to the vesting schedule outlined in the Plan and can be exercised during the defined exercise period. This information will be available on the company’s website.

Source: BSE

Ather Energy Surpasses 5,00,000 Electric Scooter Production Milestone

Ather Energy, a leading electric two-wheeler manufacturer in India, has announced that it has crossed a significant production milestone of 5,00,000 electric scooters from its Hosur facility. The milestone vehicle was the Rizta, the company’s flagship family scooter, which has rapidly gained traction since its launch last year. This achievement marks a major step in Ather’s journey towards building a scalable and reliable manufacturing ecosystem.

Production Milestone Achieved

Ather Energy Limited has announced the rollout of its 5,00,000th vehicle from its manufacturing plant in Hosur, Tamil Nadu. The milestone vehicle was Ather’s flagship family scooter, Rizta, which was launched last year.

Statements from Leadership

Swapnil Jain, Co-founder and CTO of Ather Energy, stated, “Crossing 5,00,000 scooters is a major milestone for Ather…” He emphasized the company’s focus on building a scalable and reliable manufacturing ecosystem, highlighting focused engineering, rigorous testing, and meticulous attention to quality.

Expansion and Growth

The Rizta has become a core pillar of Ather’s growth, accounting for over one-third of total production volumes. Ather has expanded its presence in the Middle and North India, focusing on tier 2 and 3 cities, alongside metro markets.

Manufacturing Capacity

Ather currently operates two manufacturing facilities in Hosur, Tamil Nadu, with a manufacturing capacity of 4,20,000 scooters a year. A third manufacturing facility, Factory 3.0, is being set up in Bidkin, AURIC, Chhatrapati Sambhajinagar, Maharashtra. Once fully operational, Factory 3.0 will increase Ather’s total installed capacity to 1.42 million electric two-wheelers annually.

Ather’s Presence

As of June 30, 2025, Ather has installed 4,032 Fast and Neighbourhood chargers globally. It includes 3,997 across India and 35 across Nepal and Sri Lanka. Ather holds 318 registered trademarks, 204 registered designs, and 48 registered patents.

Source: BSE

Bharti Airtel Wins Multi-Year Indian Railway Security Operations Centre Contract

Bharti Airtel’s business arm has secured a multi-year contract with the Indian Railway Security Operations Centre (IRSOC). The partnership aims to deliver comprehensive security services, safeguarding the railway’s digital infrastructure. This will enhance data security for over a billion Indians using railway services. The contract includes building a multi-layered cybersecurity ecosystem.

Securing Indian Railways

Airtel Business has been awarded a multi-year contract from the Indian Railway Security Operations Centre (IRSOC) to provide comprehensive security services. The goal is to safeguard the digital backbone of India’s railway network. This announcement was made on October 6, 2025.

Enhanced Security Measures

The project includes designing, building, implementing, and operating a greenfield, multi-layered cybersecurity system. This 24x7x365 protection ecosystem will act as a resilient defense to protect the Indian Railways’ IT infrastructure, ensuring secure digital operations. The enhanced data security will benefit over 1 billion Indians, facilitating seamless ticket booking, payments, and train tracking.

Impact and Scope

Airtel Business will build a multi-layer protection system with advanced and centralized security controls. This will secure the railway’s expansive database. The initiative also includes safeguarding the end-to-end digital operations of the country’s railway services, which involves approximately 160,000 employees across 26 locations.

Technology and Implementation

The technology stack will feature market leader technologies alongside cutting-edge Make in India cybersecurity products. It will deliver a sovereign, fully compliant, and AI-embedded security ecosystem tailored for protecting critical infrastructure.

Executive Perspectives

Sharat Sinha, CEO & Director – Airtel Business, stated that the company understands the importance of advanced defense mechanisms against escalating cyber risks. He expressed honour in being chosen by IRSOC to strengthen the security of India’s railway infrastructure.

Dilip Kumar, EDIP Railway Board, emphasized the increasing reliance on digital technologies for railway operations. He noted that the establishment of IRSOC will aid in providing a centralized Security Operations Centre, efficiently detecting and responding to cyber security threats.

Source: BSE

Ola Electric First Indian Automotive OEM Certified for In-House Ferrite Motor

Ola Electric has become the first Indian automotive OEM to receive government certification for its in-house developed rare-earth-free ferrite motor. This achievement eliminates reliance on imported rare-earth motors and delivers the same performance while de-risking supply chain instability. The company plans to integrate the ferrite motor across its product lineup, enhancing performance, affordability, and sustainability.

Government Certification Achieved

Ola Electric announced on October 06, 2025, that it is the first two-wheeler EV manufacturer in India to receive government certification for its in-house developed rare-earth-free ferrite motor. This marks a significant milestone by eliminating the need for imported rare-earth motors.

Ferrite Motor Details

The certification was granted by the Global Automotive Research Centre in Tamil Nadu. This followed rigorous performance verification and motor power tests as per AIS 041. These tests confirmed that the in-house developed ferrite motor’s performance matches that of motors with rare-earth permanent magnets in terms of net power for both 7kW and 11 kW variants.

Benefits of Ferrite Motor

The ferrite motor delivers efficiency, performance, and durability on par with rare-earth permanent magnet motors, while also significantly reducing costs and mitigating supply chain disruptions. Ola Electric first introduced this motor at its annual ‘Sankalp 2025’ event in August of this year.

Future Integration

With this certification, Ola Electric intends to begin integrating the ferrite motor across its product line, which will improve performance, affordability, and sustainability for Indian consumers.

Source: BSE

Pidilite Industries Compliance Certificate for Dematerialized Securities

Pidilite Industries confirms that details of securities dematerialized during the quarter ended September 30, 2025, have been duly furnished to stock exchanges. This confirmation is based on information from their Registrar & Share Transfer Agent, MUFG Intime India Private Limited. The certificate ensures compliance with regulatory requirements for depositories and participants.

Compliance Confirmation

Pidilite Industries has received confirmation from its Registrar & Share Transfer Agent, MUFG Intime India Private Limited, regarding the dematerialization of securities. This announcement relates to the quarter ended September 30, 2025.

Regulatory Compliance

The company confirms that the details of securities dematerialized during this period have been furnished to the stock exchanges where Pidilite Industries’ shares are listed. This action is compliant with stipulated guidelines.

MUFG Intime Confirmation

The confirmation from MUFG Intime India Private Limited supports Pidilite Industries’ adherence to regulatory standards. A copy of the letter received from MUFG Intime is enclosed for reference, which verifies that the required details have been reported monthly.

Source: BSE

UTI Asset Management Certificates Issued for Q2 Ended September 30, 2025

UTI Asset Management Company Limited has announced the issuance of certificates under Regulation 74(5) for the quarter ended September 30, 2025. The certificates, dated October 3, 2025, were issued in compliance with Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. KFin Technologies Limited, the Registrar and Share Transfer Agent, handled the certificate issuance. The announcement confirms adherence to regulatory requirements for the specified period.

Certificate of Compliance

UTI Asset Management Company Limited has released certificates confirming compliance with regulatory requirements for the fiscal quarter ending September 30, 2025. These certificates, related to Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, were officially issued on October 3, 2025.

Details of Issuance

The certificates were processed and issued by KFin Technologies Limited, acting as the Registrar and Share Transfer Agent for UTI Asset Management Company Limited. This confirms that the necessary reconciliations and verifications related to dematerialization and rematerialization of shares have been duly completed for Q2 (July-September) 2025. The company has confirmed these details have been furnished to all the Stock Exchanges.

Source: BSE