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Adani Green: Operationalizes 112.5 MW Renewable Energy Projects in Khavda

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Adani Green Energy Limited (AGEL) has operationalized 112.5 MW of renewable energy projects in Khavda, Gujarat, through its subsidiaries. This includes 87.5 MW of solar and 25 MW of hybrid projects. The commissioning increases AGEL’s total operational renewable generation capacity to 16,598.6 MW.

Khavda Project Operationalization

Adani Green Energy Limited (AGEL) announces the operationalization of an aggregate 112.5 MW of power projects in Khavda, Gujarat, through its various step-down subsidiaries. These projects significantly contribute to AGEL’s expanding renewable energy portfolio.

Breakdown of Projects

The newly operationalized capacity includes:

  • 87.5 MW of solar power projects through Adani Renewable Energy Fifty Six Limited.
  • 25 MW of hybrid power projects through Adani Green Energy Twenty Five B Limited.

Increased Renewable Capacity

With the commissioning of these plants, AGEL’s total operational renewable generation capacity has increased to 16,598.6 MW as of September 30, 2025.

Source: BSE

L&T Technology Services: Secures USD 100 Million Engineering Program

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L&T Technology Services (LTTS) has secured a USD 100 million multi-year program from a US-based industrial equipment manufacturer. The partnership focuses on sustainability, driving innovation, automation, and AI adoption. LTTS will support new product development and platform automation, establishing a Center of Excellence (CoE) for accelerated innovation. This agreement highlights LTTS’ expertise in AI-driven solutions.

Strategic Agreement Secured

L&T Technology Services (LTTS) has announced a significant milestone in its Sustainability segment, securing a USD 100 million multi-year agreement with a leading US-based industrial equipment manufacturer. This partnership will focus on driving innovation, automation, and AI-enabled transformation across the client’s product engineering and operational landscape. The announcement was made on October 1, 2025.

Scope of the Collaboration

Under the agreement, LTTS will support the client’s initiatives in new product development, sustenance engineering, value engineering, and platform automation. This will leverage LTTS’ expertise in areas such as AI, computer vision, and next-generation automation technologies. A key component of the collaboration will be the establishment of a Center of Excellence (CoE). The CoE aims to support the client in accelerating innovation, simplifying platforms, and transitioning towards a more digital and AI-enabled operational framework.

Leadership Perspective

Amit Chadha, CEO & Managing Director of L&T Technology Services, emphasized the value of the client’s trust and the commitment to strengthen the relationship through this transformational program. He highlighted LTTS’ expertise in leveraging AI-driven innovation to address complex engineering challenges in high-growth industries, empowering the client to expand their market share.

Source: BSE

GMR Airports: Appoints Secretarial Auditor for Five-Year Term

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GMR Airports has appointed M/s. V Sreedharan & Associates as its Secretarial Auditor for a term of five years, commencing from FY 2025-26 and ending in FY 2029-30. The appointment was approved by shareholders at the 29th Annual General Meeting held on September 29, 2025. The firm will conduct the Secretarial Audit of the company.

Auditor Appointment Details

M/s. V Sreedharan & Associates, Company Secretaries, have been officially appointed as the Secretarial Auditor of GMR Airports. The shareholders approved this appointment at the 29th Annual General Meeting on September 29, 2025.

Term and Scope

The appointed firm’s term will span five consecutive years, starting from FY 2025-26 and concluding in FY 2029-30. Their responsibilities include conducting the Secretarial Audit of the company.

About the Firm

M/s. V Sreedharan & Associates is a firm specializing in Secretarial Audits and corporate law matters. The firm is registered with the Institute of Company Secretaries of India and has extensive experience in professional practice. Their services include Secretarial Support.

Source: BSE

Bandhan Bank: Credit Ratings Reaffirmed by CRISIL and ICRA

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CRISIL and ICRA have reaffirmed the credit ratings for Bandhan Bank’s debt instruments as of September 30, 2025. The ratings reflect the bank’s stable outlook. Specifically, the ratings for Non-Convertible Debentures and Certificates of Deposit have been maintained. These ratings indicate continued confidence in Bandhan Bank’s financial stability and creditworthiness.

Credit Ratings Reaffirmed

Bandhan Bank announced that both CRISIL Limited and ICRA Limited have reaffirmed the credit ratings for its debt instruments. The reaffirmations, effective as of September 30, 2025, highlight the bank’s consistent financial performance and stability. The details of the rating actions are outlined below.

CRISIL Rating Actions

CRISIL has reaffirmed the following ratings for Bandhan Bank:

  • Non-Convertible Debentures: CRISIL AA- / Stable on an amount of ₹1,295 Crore
  • Certificates of Deposit: CRISIL A1+ on an amount of ₹6,000 Crore

The rating rationale published by CRISIL is available at this link.

ICRA Rating Actions

ICRA has also reaffirmed the following ratings for Bandhan Bank:

  • Non-Convertible Debentures: [ICRA] AA- (Stable) on an amount of ₹75 Crore
  • Certificates of Deposit: [ICRA] A1+ on an amount of ₹3,000 Crore

The rating rationale published by ICRA is available at this link.

Source: BSE

Newgen: Secures $5.6 Million Contract for Loan Management System

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Newgen Software Technologies has secured a contract for the delivery, implementation, and support of a Loan Management System. The project, awarded by eProcess International Ghana Limited, is valued at $5,636,000. The contract covers software licensing, implementation, and annual support services, with a duration of 5 years from the contract’s execution date.

New Loan Management System Project

Newgen Software Technologies has received confirmation from a customer to proceed with the delivery, implementation, and support of a Loan Management System project. The project is referred to as “Project” within the company’s documentation.

Contract Details

The awarding entity is eProcess International Ghana Limited. The key terms encompass software licensing, implementation, and annual support services, classified as an international entity based in Ghana.

Financial and Timeline Aspects

The total commercial value of this project is $5,636,000 (US Dollars Five Million Six Hundred Thirty-Six Thousand Only). The project is expected to span a duration of 5 years from the date of contract execution.

Source: BSE

Newgen Software: Secures Key Business Process Management Deal in Kuwait

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Newgen Software Technologies’ subsidiary has secured a Letter of Award (LOA) for implementing its Business Process Management platform for a customer in Kuwait. The deal is valued at KWD 1,736,052 (approximately One Million Seven Hundred Thirty-Six Thousand Fifty-Two Kuwaiti Dinars). The project will involve software licensing, implementation, and support services, and is expected to be completed within 2 years.

Kuwait Project Award

Newgen Software Technologies LLC, a subsidiary of Newgen Software Technologies, has received a Letter of Award (LOA) from a Kuwait-based customer for the implementation of its Business Process Management (BPM) platform.

Contract Details

The total value of the contract is KWD 1,736,052 (Kuwaiti Dinars One Million Seven Hundred Thirty-Six Thousand Fifty-Two Only). This includes software licensing, implementation, and ongoing support services.

Project Scope

The project involves the deployment and customization of Newgen’s BPM platform. The implementation will provide the client with an advanced platform to streamline their business processes, improve operational efficiency, and ensure compliance.

Timeline

The project is expected to be completed within a timeframe of 2 years, with implementation beginning immediately. The revenue impact is expected to be recognized over the project duration.

Strategic Significance

The successful award of this project in Kuwait underscores Newgen’s expertise in delivering BPM solutions to international clients. This win further strengthens Newgen’s presence and capabilities in the Middle East market. It highlights the increasing demand for digital transformation solutions and business process automation in the region.

Source: BSE

Cummins India: Intimation Regarding Change in MUFG Intime Contact Details

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Cummins India has announced a change in the contact details of its Registrar and Share Transfer Agent (RTA), MUFG Intime India Private Limited. The updated contact information, including the address, telephone number, fax number, and website, are provided. These changes are effective from October 1, 2025.

MUFG Intime Contact Information Update

Cummins India informs stakeholders about the updated contact details for MUFG Intime India Private Limited, the company’s Registrar and Share Transfer Agent (RTA). This update follows the previously announced name change from ‘Link Intime India Private Limited’ to ‘MUFG Intime India Private Limited’.

Key Contact Details

The address, telephone, and fax numbers for MUFG Intime remain unchanged. Below are the key details:

Address: MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited), C 101, Embassy 247, L.B.S Marg, Vikhroli (West), Mumbai – 400083

Telephone: +91 810 811 6767

Fax No.: 022 – 4918 6000

Website: https://in.mpms.mufg.com

All shareholder queries and service requests should be raised through the website: https://web.in.mpms.mufg.com/helpdesk/Service Request.html.

Source: BSE

TBO Tek Limited: Senior Management Change – Anil Berera Retirement

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TBO Tek Limited announced the retirement of Mr. Anil Berera, President-Strategy and Senior Management Personnel, effective September 30, 2025. The company acknowledged Mr. Berera’s valuable contributions during his tenure. In a separate announcement, Mr. Ankush Arora, Chief Human Resource Officer, tendered his resignation on September 17, 2025; his last working day is yet to be finalized.

Senior Management Retirement

Mr. Anil Berera, President-Strategy and a key member of the Senior Management Personnel at TBO Tek Limited, has officially retired from his position, effective at the close of business hours on September 30, 2025. The company expressed its sincere appreciation for the contributions he made during his time with the organization.

CHRO Resignation

In a separate announcement, TBO Tek Limited disclosed that Mr. Ankush Arora, who served as the Chief Human Resource Officer, submitted his resignation letter on September 17, 2025. The company is in the process of finalizing his last working day, and further details will be communicated in due course.

Updated Management List

Following these management changes, the company has updated its list of Senior Management Personnel:

Source: BSE

IREDA: Business Performance Update for September 30, 2025 (Provisional)

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IREDA has announced its provisional business performance update for September 30, 2025. Loan sanctions increased by 86% to ₹33,148 Crore. Loan disbursements saw a 54% increase, reaching ₹15,043 Crore. The loan book outstanding at the end of the period was ₹84,445 Crore, a 31% increase year-over-year.

Financial Highlights

As of September 30, 2025, IREDA’s business performance shows significant growth compared to the previous year. Key metrics include:

Key Performance Indicators

Loan Sanctioned: ₹33,148 Crore, an 86% increase from ₹17,860 Crore in September 2024.

Loan Disbursements: ₹15,043 Crore, reflecting a 54% rise compared to ₹9,787 Crore in the same period last year.

Loan Book Outstanding: The loan book outstanding at the end of September 2025 reached ₹84,445 Crore, a 31% increase from ₹64,564 Crore in September 2024.

Source: BSE

Shree Cement: New Clinkerisation Unit Commissioned at Rajasthan Plant

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Shree Cement has commissioned a new clinkerisation unit at its integrated cement plant in Tehsil Jaitaran, District Beawar, Rajasthan, effective September 30, 2025. The new unit has a production capacity of 3.65 MTPA (Million Tons Per Annum), further enhancing the company’s manufacturing capabilities.

Expansion in Rajasthan

Shree Cement has announced the commissioning of a new clinkerisation unit at its integrated cement plant located in Tehsil Jaitaran, District Beawar, Rajasthan. This development signifies a strategic move to enhance production capacity and meet the growing demand for cement.

Capacity Boost

The newly commissioned clinkerisation unit has a capacity of 3.65 MTPA. This addition will significantly contribute to the overall production volume of Shree Cement, improving its ability to serve its markets effectively.

Commissioning Date

The unit was officially commissioned on September 30, 2025. With the new capacity now operational, Shree Cement is well-positioned for future growth and expansion in the cement industry.

Source: BSE