Home Blog Page 506

Bajaj Finance Certificate for Quarter Ended September 30, 2025

Bajaj Finance has issued a certificate confirming compliance with regulations for the quarter ended September 30, 2025. The certificate, provided by KFin Technologies Limited, the Registrar and Share Transfer Agent, pertains to the handling of securities dematerialization requests. This announcement informs stakeholders of the company’s adherence to regulatory standards during Q2 FY26.

Compliance Certificate Issued

Bajaj Finance has released a certificate confirming adherence to regulatory requirements related to the handling of dematerialization requests for the quarter ending September 30, 2025 (Q2 FY26). The certificate was issued by KFin Technologies Limited, the Registrar and Share Transfer Agent of the company.

Key Confirmation Details

The certificate confirms that all demat requests received during the period from July 1, 2025, to September 30, 2025, were processed within 15 days of receipt from depository participants. Approvals and rejections of demat requests were handled according to protocol. The certificate also validates that securities comprised in the processed certificates are listed on applicable stock exchanges.

Further Assurances

KFin Technologies confirms the immediate mutilation and cancellation of security certificates after verification. They also confirm the substitution of depositories’ names in the register of members, where applicable, aligning with approved demat requests.

Source: BSE

UCO Bank Financial Performance Update for Q2 FY26

UCO Bank released its financial performance update for Q2 FY26. Total business reached ₹5.37 lakh crore, a 2.48% increase QoQ and a 13.29% increase YoY. Total deposits grew to ₹3.06 lakh crore, showing a 2.34% QoQ growth and a 10.87% YoY increase. Domestic advances reached ₹2.04 lakh crore, reflecting a 2.00% QoQ and 17.24% YoY growth.

Q2 FY26 Financial Highlights

UCO Bank reports its financial results for the second quarter of fiscal year 2026. The reviewed figures demonstrate continued growth across key business segments.

Key Performance Indicators

The following table highlights UCO Bank’s key performance indicators for Q2 FY26:

Total Business: Reached ₹5.37 lakh crore, reflecting a 2.48% QoQ growth and a substantial 13.29% YoY increase.

Total Advances: Amounted to ₹2.31 lakh crore, showcasing a 2.67% QoQ growth and a significant 16.67% YoY increase.

Total Deposits: Increased to ₹3.06 lakh crore, with a 2.34% QoQ growth and a 10.87% YoY increase.

Domestic Advances: Totaled ₹2.04 lakh crore, demonstrating a 2.00% QoQ growth and an impressive 17.24% YoY growth.

Domestic Deposits: Increased to ₹2.90 lakh crore, representing a 3.57% QoQ growth and a 9.85% YoY increase.

Key Ratios

CASA Ratio (Domestic): Stands at 38.11%.

CD Ratio: Reported at 75.56%.

Source: BSE

IDBI Bank Certificate for Dematerialized Securities for Quarter Ended September 30, 2025

IDBI Bank confirms that details of securities dematerialized or rematerialized during the quarter ended September 30, 2025 (Q2 FY26), have been furnished to all stock exchanges where the bank’s shares are listed. This confirmation is based on certificates received from KFin Technologies Ltd. and serves as an update to stakeholders regarding the bank’s compliance and handling of securities.

Securities Dematerialization Update

IDBI Bank has confirmed the details regarding the dematerialization and rematerialization of securities for the fiscal quarter ending September 30, 2025. This announcement signifies the bank’s adherence to established regulatory standards and its ongoing commitment to transparency in securities processing.

Compliance and Reporting

The bank affirms that all relevant details concerning the dematerialized or rematerialized securities during Q2 FY26 have been duly reported to the stock exchanges where IDBI Bank is listed. This confirmation is based on certificates provided by KFin Technologies Ltd., the Registrar and Share Transfer Agent (RTA).

Source: BSE

Torrent Pharmaceuticals Demand Notice Received Regarding Drug Overcharging

Torrent Pharmaceuticals has received a demand notice from the National Pharmaceutical Pricing Authority (NPPA) regarding alleged overcharging on five drugs. The notice, dated September 24, 2025, pertains to the period between January 2016 and November 2018. The penalty proposed by the NPPA amounts to ₹6,63,07,606. The company is currently assessing the matter, but anticipates no material impact on its financials or operations.

Demand Notice Details

Torrent Pharmaceuticals has been notified of a demand notice issued by the National Pharmaceutical Pricing Authority (NPPA). The notice alleges overcharging on certain drugs and proposes a penalty.

Key Details of the Notice

The demand notice, dated September 24, 2025, was issued by the NPPA. It concerns alleged overcharging related to five drugs during the period from January 2016 to November 2018. The potential penalty associated with this notice is ₹6,63,07,606.

Company Assessment

Torrent Pharmaceuticals is currently evaluating the demand notice. Based on its initial assessment, the company believes that the notice will not have a material impact on its financial performance, operations, or other activities.

Source: BSE

JSW Energy Commissions 114 MW Renewable Energy Capacity

JSW Energy successfully commissioned 114 MW of renewable energy capacity in September 2025. This comprises 21 MW of solar and 93 MW of wind capacity, increasing the total installed capacity to 13,211 MW. The company’s renewable energy portfolio now constitutes a significant portion of its overall capacity. This expansion aligns with JSW Energy’s goal to reach 30 GW of generation capacity by 2030 and achieve carbon neutrality by 2050.

Renewable Energy Expansion

JSW Energy has announced the successful commissioning of 114 MW of renewable energy (RE) capacity in September 2025. This addition includes 21 MW of solar capacity and 93 MW of wind capacity. Following this commissioning, JSW Energy’s total installed capacity has reached 13,211 MW.

Renewable Portfolio Growth

With this addition, the cumulative organic RE capacity addition during Q2 FY26 stands at 443 MW. This includes the 20 MW Floating Solar capacity at Vijayanagar. Renewables now constitute 57% of JSW Energy’s overall capacity, with 3,709 MW from wind, 2,213 MW from solar, and 1,631 MW from hydro sources.

Future Energy Goals

JSW Energy has a total locked-in generation capacity of 30.5 GW, including 13.2 GW operational and 12.5 GW under construction (thermal and renewable). Additionally, the company has 150 MW under-acquisition hydro and a pipeline of 4.6 GW. They also possess 29.4 GWh of locked-in energy storage capacity. JSW Energy aims to achieve 30 GW of generation capacity and 40 GWh of energy storage capacity by FY 2030, with a long-term goal of carbon neutrality by 2050.

Source: BSE

Federal Bank Board Meeting Scheduled to Approve Quarterly Results

Federal Bank has announced a board meeting scheduled for October 18, 2025, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended September 30, 2025 (Q2 FY26). The bank also announced closure of the trading window for dealing in its securities.

Board to Review Q2 Results

Federal Bank will hold a meeting of its Board of Directors on October 18, 2025, to review and approve the unaudited standalone and consolidated financial results. These results are for the second quarter of the financial year, ending September 30, 2025.

Trading Window Closure

In accordance with company policy, the trading window for dealing in the bank’s securities has been closed. The closure period began on October 1, 2025, and will remain in effect until October 20, 2025. This restriction applies to all Designated Persons, including Directors, KMPs, and designated employees, as well as their immediate relatives.

Source: BSE

Apollo Hospitals Acquisition of AGPCL Completed, Now Wholly Owned Subsidiary

Apollo Hospitals Enterprise Limited has completed the acquisition of Apollo Gleneagles PET-CT Private Ltd (AGPCL). The transaction, finalized on October 3, 2025, involved acquiring 85,00,000 equity shares, representing 50% of AGPCL’s total equity. As a result, AGPCL is now a wholly-owned subsidiary of Apollo Hospitals, enhancing its healthcare services portfolio.

AGPCL Now Under Apollo Hospitals

Apollo Hospitals Enterprise Limited announced the successful completion of the acquisition of Apollo Gleneagles PET-CT Private Ltd (AGPCL) on October 3, 2025. With this transaction, AGPCL has officially become a wholly-owned subsidiary of Apollo Hospitals.

Transaction Details

The acquisition involved 85,00,000 equity shares of AGPCL with a face value of Rs. 10/- each. These shares, previously held by Parkway Healthcare (Mauritius) Pte Ltd, represented 50% of AGPCL’s total paid-up equity share capital. This move will allow for greater operational synergy and strategic alignment within the Apollo Hospitals group.

Source: BSE

Akzo Nobel India Show Cause Notice Received Regarding Input Tax Credit

Akzo Nobel India has received a Show Cause Notice concerning the disallowance of Input Tax Credit for the period of April 2021 to March 2022. The notice, dated September 30, 2025, alleges a total liability of ₹7,84,099, including tax, interest, and potential penalties. The company is preparing its response to the notice.

Input Tax Credit Disallowance Notice

Akzo Nobel India has received a Show Cause Notice from the Gujarat GST Department regarding the disallowance of Input Tax Credit. The notice was received on October 3, 2025, at 9:45 pm.

Financial Impact Details

The Show Cause Notice pertains to the period from April 2021 to March 2022. The total amount claimed in the notice is ₹7,84,099. This includes the disallowed tax credit, applicable interest, and potential penalties. The tax component is ₹7,84,099.

Company Response

Akzo Nobel India is currently reviewing the Show Cause Notice and preparing its response. The company intends to submit the required documents and explanations to the relevant authorities within the stipulated timeframe to address the concerns raised in the notice.

Source: BSE

Anand Rathi Wealth Record Date Set for Interim Dividend Payment

Anand Rathi Wealth has announced that the record date for determining shareholders’ eligibility for the interim dividend payment is set for Friday, October 17th, 2025. The dividend, if declared, will be for the financial year 2025-26. The decision on the declaration of the interim dividend rests with the Board of Directors, who will consider it at their meeting scheduled for Monday, October 13th, 2025.

Interim Dividend Announcement

Anand Rathi Wealth Limited has scheduled a board meeting where the declaration of an interim dividend for the financial year 2025-26 will be considered. If declared, the dividend will be distributed to eligible shareholders.

Record Date Details

The company has officially set the record date as Friday, October 17th, 2025. This date will be used to determine the shareholders who are entitled to receive the interim dividend, pending declaration by the Board of Directors. The board meeting to decide on the dividend declaration is scheduled for Monday, October 13th, 2025.

Source: BSE

Vedanta Limited Record Aluminum Production in Q2 2026

Vedanta Limited announced record quarterly production of Aluminum at 617 kt (up 1% YoY) and Alumina at 653 kt (up 31% YoY) for Q2 2026. Zinc India also achieved its highest ever second-quarter mined metal production at 258 kt (up 1% YoY). The company’s highest ever quarterly Pig Iron production was 238 kt, a 26% YoY increase. The Meenakshi and Athena power units are now fully operational.

Aluminum Production Highlights

Vedanta reported record aluminum and alumina production for Q2 2026:

  • Alumina production at Lanjigarh reached 653 kt, a 31% increase year-over-year.
  • Total Aluminum Production stood at 617 kt, a 1% increase year-over-year.
  • Jharsuguda production was 467 kt, up 2% year-over-year.
  • BALCO produced 150 kt, a 1% increase year-over-year.

The company noted that these were the highest ever quarterly and half-yearly Alumina productions at the Lanjigarh refinery, driven by operational efficiency.

Zinc India Performance

Zinc India recorded its highest ever second-quarter mined metal production:

  • Mined Metal output was 258 kt, a 1% increase year-over-year.
  • Saleable Metal was 246 kt, a decrease of 6% year-over-year.
  • Refined Zinc production was 202 kt, up 2% year-over-year.
  • Silver production reached 144 tonnes.

Zinc International Production

Total Mined Metal production reached 60 kt, a 38% increase year-over-year, driven by higher milled tons and higher lead grades.

Oil & Gas Production

Average daily gross operated production stood at 89.3 kboepd. Total Oil and Gas production reached 8.1 million boe.

  • Rajasthan production reached 70.9 kboepd.
  • Ravva production was 8.2 kboepd.
  • Cambay production reached 6.6 kboepd, an increase of 38%.

Iron Ore and Steel Production

The company provided updates on Iron Ore and Steel production:

  • Saleable Ore Production was 1.1 mn tonnes.
  • Pig Iron production reached 238,000 tonnes, a 26% increase year-over-year.
  • Finished Steel Production stood at 274,000 tonnes.

FACOR Production

  • Ore Production increased to 47,000 tonnes, a 24% increase year-over-year.

Copper India Production

  • Copper Cathodes production reached 40,000 tonnes.

Power Sales

Total power sales reached 4331 million units.

Source: BSE