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SBI Card: Assigned ESG Rating/Score of 67 by ESG Risk Assessments & Insights

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SBI Cards and Payment Services Limited has been assigned an Environmental, Social, and Governance (ESG) Rating/Score of 67 by ESG Risk Assessments & Insights Limited, a SEBI Registered ESG Rating Provider. This rating reflects the company’s performance and commitment to sustainable and responsible business practices. The information is also available on the company’s website.

ESG Rating Announcement

SBI Cards and Payment Services Limited announced today, September 30, 2025, that it has received an ESG (Environmental, Social, and Governance) Rating/Score.

Rating Details

The company was assigned a rating of 67 by ESG Risk Assessments & Insights Limited. This rating underscores SBI Card’s dedication to integrating environmental stewardship, social responsibility, and good governance practices into its business operations. The rating reflects an evaluation of SBI Card’s policies, practices, and performance in these key areas.

Availability of Information

Further details regarding the ESG rating are available on the company’s official website: www.sbicard.com.

Source: BSE

Lupin: Manufacturing Operations President to Retire

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Lupin Limited has announced that Mr. Rajendra Chunodkar, President of Manufacturing Operations, will retire from his position effective September 30, 2025. This change impacts senior management within the company as Mr. Chunodkar concludes his service. The announcement was made on September 30, 2025.

Senior Management Transition

Mr. Rajendra Chunodkar, President – Manufacturing Operations at Lupin, will retire from his role within the company. His retirement will be effective as of the close of business hours on September 30, 2025.

Impact on Operations

As President of Manufacturing Operations, Mr. Chunodkar has been a key part of the senior management team. His retirement marks a significant transition within Lupin’s leadership structure.

Source: BSE

Sammaan Capital: Interest Payment on Secured Debentures

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Sammaan Capital has successfully completed the timely payment of interest on its secured redeemable non-convertible debentures. The interest payment, pertaining to payments due in September 2025, was processed on October 1, 2025. Details of each ISIN and the corresponding interest amounts are provided, confirming full compliance with debt obligations.

Debenture Interest Payment

Sammaan Capital (formerly Indiabulls Housing Finance Limited) confirms the successful and timely payment of interest on its secured redeemable non-convertible debentures. This payment fulfills obligations for the interest period ending in September 2025.

Details of Interest Payments

The table below outlines the specifics of the interest payments made for each ISIN. All payments were made on October 1, 2025, against a record date of September 29, 2025.

ISIN
Issue Size (INR lacs)
Interest Amount (INR lacs)
Payment Date (Actual)
Interest Paid (INR lacs)

INE148I07TC5
830.99
6.317560
01/10/2025
6.317560

INE148I07TD3
7
0.05109
01/10/2025
0.05109

INE148I07TG6
1582.35
12.62837
01/10/2025
12.62837

INE148I07TH4
1030
7.63597
01/10/2025
7.63597

INE148I07TL6
1247.86
9.72338
01/10/2025
9.72338

INE148I07TN2
1305.58
10.99847
01/10/2025
10.99847

INE148I07TQ5
1650
12.54476
01/10/2025
12.54476

INE148I07TU7
4.10
0.03303
01/10/2025
0.03303

INE148I07TW3
298.47
2.46045
01/10/2025
2.46045

No delays were reported, and all payments were completed as scheduled.

Source: BSE

ICICI Bank: Receives Show Cause Notice Regarding GST Demand

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ICICI Bank has received a Show Cause Notice (SCN) related to Goods and Services Tax (GST). The notice, issued by the Additional Commissioner of CGST and CEx., Mumbai East Commissionerate, concerns a GST demand amounting to ₹ 216,27,31,316. The demand includes interest and applicable penalties on services provided to customers maintaining specified minimum balances. The bank is currently in litigation regarding similar issues.

GST Demand Notice Received

ICICI Bank Limited has received a Show Cause Notice (SCN) on September 29, 2025 at 05:15 p.m. The notice pertains to Goods and Services Tax (GST) and was issued under section 73 of the Maharashtra Goods and Services Tax Act, 2017.

Details of the Demand

The SCN was issued by the Additional Commissioner of CGST and CEx., Mumbai East Commissionerate. It raises a GST demand amounting to ₹ 216,27,31,316. This amount includes both the tax and applicable interest and penalties.

Reason for the Demand

The demand relates to services provided by the Bank to customers who maintain specified minimum balances in their accounts.

Bank’s Response

ICICI Bank has stated that it is already in litigation regarding similar issues. Despite this, the matter is being reported due to the aggregate/cumulative amount involved crossing the materiality threshold. The Bank will file a reply to the SCN within the prescribed timelines.

Source: BSE

SKF India: Management Restructuring, New Managing Director Appointed

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SKF India announced a series of management changes effective September 30, 2025, and October 1, 2025, due to restructuring following a demerger. Mr. Mukund Vasudevan resigned as Managing Director but will remain a Non-Executive Director. Mr. Shailesh Kumar Sharma is appointed as the new Managing Director for a 5-year term. Additional key leadership appointments were also revealed to support the company’s new structure.

New Managing Director

Mr. Shailesh Kumar Sharma has been appointed as the new Managing Director of SKF India, effective October 1, 2025, for a term of 5 years. This appointment follows the resignation of Mr. Mukund Vasudevan from the Managing Director role, effective September 30, 2025, who will remain as a Non-Executive Director. The changes are due to a management restructure after the company’s demerger.

Additional Leadership Changes

Several other leadership changes have been announced, effective October 1, 2025:

  • Ms. Aashi Arora has been appointed as Interim Chief Financial Officer (CFO).
  • Ms. Mayuri Kulkarni has been appointed as Company Secretary and Compliance Officer.

Senior Management Team

SKF India has also announced its new senior management team, effective October 1, 2025. This team includes:

  • Mr. Shailesh Sharma, Managing Director Manufacturing, Automotive.
  • Mr. Alagesan Thasari, Director Automotive Business, India.
  • Ms. Kshipra Khairnar, Head – Legal counsel, Automotive India.
  • Ms. Mayuri Kulkarni, Company Secretary, Automotive India.
  • Ms. Aashi Arora, CFO, Automotive India (Interim).
  • Ms. Bhavna Panigrahi, HR Head, Automotive India (Interim).

Demerger Scheme Approved

The company has taken on record the order of the Hon’ble National Company Law Tribunal, Mumbai Bench, dated September 26, 2025, sanctioning the Scheme of Arrangement between SKF India Limited and SKF India (Industrial) Limited.

Source: BSE

Godawari Power & Ispat: New Email for Registrar and Share Transfer Agent

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Godawari Power & Ispat has announced a new, common email ID for the Registrar and Share Transfer Agent (RTA), effective October 1, 2025. The new email address is [email protected]. This update is related to a change in the company’s Registrar and Transfer Agent and aims to streamline investor communications. The updated information will also be available on the company’s website.

Updated Contact Information

Godawari Power & Ispat is introducing a new email address for investor-related queries handled by the Registrar and Share Transfer Agent (RTA). The new, unified email ID will be [email protected].

Implementation Date

The new email ID will be effective from October 1, 2025. Investors are requested to take note of this change and update their records accordingly.

Source: BSE

APAR Industries: Email Address Change for MUFG Intime India

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APAR Industries announces a change in the email address for MUFG Intime India Private Limited, the Registrar and Transfer Agent (RTA) of the company. The new generic email address, [email protected], will be effective from October 1, 2025. This change aims to ensure uniformity and standardization in communications for all stakeholders.

Email Update for Investor Communications

APAR Industries has informed stakeholders of a change concerning MUFG Intime India Private Limited, the company’s Registrar and Transfer Agent (RTA). MUFG Intime India Private Limited, (formerly Link Intime India Private Limited), has introduced a new generic email address to streamline investor communications.

New Email Effective October 1, 2025

The new generic email address, [email protected], will be effective from October 1, 2025. This change is intended to provide uniformity and standardization, ensuring clarity in all interactions with the RTA.

Website Availability

Information about this change is also available on the company’s website, www.apar.com. The company encourages all stakeholders to update their records accordingly to ensure seamless communication.

Source: BSE

PTC Industries: Trac Precision Expands with Strategic Investments

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Trac Precision Solutions, a part of the PTC Industries Group, is expanding its capabilities through strategic capital investments to meet rising global demand. New technologies include advanced EDM from Sodick, specialized Makino drilling machines, and Modula automated storage. This expansion will improve capacity, precision, and technology for turbine blades and vanes.

Strategic Expansion for Growth

Trac Precision Solutions (Trac), a part of PTC Industries Group, has announced strategic investments to boost manufacturing capabilities and meet the growing global demand from aerospace and industrial gas turbine (IGT) sectors. This move aims to enhance capacity, precision, and technological advancements in producing turbine blades and vanes.

Key Technology Upgrades

Trac is introducing new technologies to strengthen its manufacturing processes:

  • Advanced EDM Technology: Introduction of new generation Electrical Discharge Machining (EDM) systems from Sodick to improve precision in manufacturing complex turbine blades and vanes.

  • Specialised Drilling Technology: Placement of orders for Makino Deep Hole Drilling (DHD) machines, essential for creating cooling passages in turbine components for high-performance aero-engines and IGT systems.

  • Smart Digital Storage Solutions: Implementation of a Modula automated storage and retrieval system to optimize manufacturing space, workflow, and traceability.

Statements from Leadership

Liam Bevington, Managing Director of Trac Precision Solutions, mentioned that Trac is now positioned to provide solutions for blade and vane applications by developing its capabilities. Sachin Agarwal, Chairman & Managing Director of PTC Industries, added that these investments at Trac demonstrate a commitment to technological self-reliance and strengthen the group’s position in engine programs.

Expanding EDM Capabilities

Trac has added a new generation of advanced EDM machines to its production facilities from Sodick, featuring high-volume precision systems designed to meet the growing demand for turbine blade and vane components, ensuring high accuracy and repeatability. The company also now utilizes specialized wire EDM systems dedicated to internal tooling and electrode manufacturing.

Smarter Space Utilization

To optimize manufacturing floor space and improve workflow, Trac has implemented a Modula automated storage and retrieval system. This solution provides efficient management of fixtures and consumables, enhances traceability, and frees up valuable production space for manufacturing activities.

Source: BSE

CG Power: Appoints Vrushali Kedar Gadkari as Vice President & CHRO

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CG Power and Industrial Solutions Limited has announced the appointment of Vrushali Kedar Gadkari as the new Vice President & Chief Human Resources Officer (CHRO), effective September 30, 2025. Gadkari brings over 21 years of experience and is expected to drive the company’s talent, leadership, and culture agenda.

Leadership Appointment

CG Power and Industrial Solutions Limited has appointed Vrushali Kedar Gadkari as the Vice President & Chief Human Resources Officer (CHRO). This appointment is effective from September 30, 2025, and Gadkari will be part of the Senior Management team.

Executive Experience

Ms. Gadkari brings over 21 years of experience in building high-performance businesses. She has expertise in managing business turnaround and talent management across various industries, including FMCG, BFSI, Realty, Healthcare, and Steel Manufacturing.

Strategic Focus

Gadkari’s appointment aligns with CG Power’s commitment to strengthening human capital and sustainable value creation. She is expected to play a pivotal role in driving the company’s talent, leadership, and culture agenda to support growth ambitions.

Source: BSE

APAR Industries: Reminder to Update KYC Details for Shareholders

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APAR Industries has issued a reminder to its shareholders to update their Know Your Customer (KYC) details. This is in compliance with regulatory guidelines. Shareholders are requested to ensure their PAN, address, mobile number, bank account details, and specimen signature are up to date. The update is crucial for seamless dividend payments and to avoid any restrictions. The company emphasizes the importance of complying with these mandatory requirements.

KYC Update Notification

APAR Industries has released a notification reminding shareholders to update their KYC details. This is in accordance with a circular issued on May 7, 2024. The company is urging shareholders to comply with mandatory KYC requirements.

Key Details for Shareholders

Shareholders are requested to update the following information:

  • PAN
  • Address with PIN code
  • Mobile Number
  • Bank Account details
  • Specimen Signature

While providing an Email ID is optional, it is recommended for availing online services. This applies to all shareholders holding shares.

Impact of Non-Compliance

If PAN or choice of nomination or contact details or mobile number or bank account details or specimen signature are not updated, dividend/interest payments will be made only through electronic mode starting April 1, 2024, upon providing all the required details.

Electronic Payments

If a security holder updates the necessary information after April 1, 2024, all dividends/interest declared during the period from April 1, 2024, will be received automatically after the update.

Dematerialization of Physical Shares

Shareholders holding physical shares are encouraged to dematerialize them, as transfer of shares in physical form has not been permitted since April 1, 2019.

Special Window for Re-lodgement

A special window has been opened for re-lodgement of transfer deeds until January 6, 2026, for deeds lodged prior to April 1, 2019, that were rejected due to deficiencies. Securities re-lodged for transfer during this period will be issued only in demat mode.

IEPF Campaign

APAR Industries has started a 100-day campaign called “Saksham Niveshak” from July 28, 2025, to November 6, 2025, to address unclaimed dividends and KYC-related issues. Shareholders who have not claimed their dividend or updated their KYC may reach out to the Registrar and Share Transfer Agent (RTA).

Source: BSE