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Autoriders International: Appoints Vandana V Dodhia as Statutory Auditor

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Autoriders International has appointed Vandana V Dodhia & Co., Chartered Accountants, as its statutory auditor. The appointment was approved by the members during the Annual General Meeting (AGM) held on September 29, 2025. The firm will serve as the statutory auditor for a term of three years, ensuring compliance and financial oversight for Autoriders International.

Statutory Auditor Appointment

Autoriders International has officially appointed Vandana V Dodhia & Co., Chartered Accountants (FRN No. 117812W), as the statutory auditor for the company. The approval was granted by the members during the Annual General Meeting held on Monday, September 29, 2025.

Auditor Details and Term

Vandana V Dodhia & Co. will serve as the statutory auditor of Autoriders International for a period of three years. The firm, established in 1998, specializes in areas such as Direct and Indirect Taxes, Accounting, Auditing, Financial Planning, and Business advisory services. They focus on providing tailored services across various industries.

Independence Declaration

The company confirms that none of its Directors or Key Managerial Personnel are directly concerned or financially interested in Vandana V. Dodhia & Co., Chartered Accountants, beyond their potential shareholding in the Company. This ensures an independent and unbiased audit process for Autoriders International.

Source: BSE

Gillette India: Board Meeting Scheduled for October 30, 2025 to Consider Dividend

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Gillette India has announced a board meeting to be held on October 30, 2025. The meeting will focus on reviewing and approving the unaudited financial results for the quarter ended September 30, 2025. Directors will also consider the approval of an interim dividend, if any. The company has informed the stock exchanges about the upcoming board meeting.

Upcoming Board Meeting

Gillette India has scheduled a meeting of its Board of Directors on October 30, 2025. The primary purpose of this meeting is to review and approve the company’s financial performance.

Agenda Highlights

The board will be considering the following key items during the meeting:

Review and approval of the Unaudited Financial Results for the quarter ended September 30, 2025.

Consideration of interim dividend approval, if applicable.

Source: BSE

Canara Bank: Annual Interest Payment Confirmation on Long-Term Bonds

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Canara Bank has confirmed the successful annual interest payment on its INE476A08191 long-term bonds, totaling Rs.377,00,00,000. The payment, due on September 27, 2025, was made on September 29, 2025, to bondholders via RTGS/NEFT/IBA/DD. This announcement fulfills regulatory requirements and provides information to bondholders and market participants.

The interest amount of Rs.377,00,00,000 was credited to the Bond Holder’s bank accounts via RTGS/NEFT/IBA/DD mode as per the terms of issue.

Source: BSE

Max Healthcare: MSCI ESG Rating Upgraded to ‘BBB’

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Max Healthcare Institute Limited announced that its MSCI ESG Rating has been upgraded from ‘BB’ to ‘BBB’. This upgrade reflects the company’s improved performance and commitment to Environmental, Social, and Governance factors. The disclosure regarding the upgraded rating will be available on the company’s website. This announcement was made on September 29, 2025.

MSCI ESG Rating Improvement

Max Healthcare Institute Limited has received an upgraded MSCI ESG Rating. The company’s rating has improved from ‘BB’ to ‘BBB’. This upgrade recognizes Max Healthcare’s progress in integrating and improving its Environmental, Social, and Governance practices within its business operations.

Disclosure and Availability

Details pertaining to this upgrade will be available on the company’s official website: www.maxhealthcare.in

Source: BSE

Autoriders International: Board Approves 5:1 Bonus Share Issue

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The Board of Directors of Autoriders International has approved the issuance of bonus equity shares in the ratio of 5:1. This means shareholders will receive one new equity share for every five existing shares held. The bonus issue is subject to shareholder approval. The company intends to utilize its free reserves and securities premium account to implement the bonus issuance. The record date for the bonus issue will be decided later.

Bonus Share Issuance

Autoriders International has announced the approval of a bonus share issue by its Board of Directors. The decision was made during a board meeting held on September 29, 2025.

Key Details of the Bonus Issue

The Board has approved a bonus share issue in the ratio of 5:1. For every five existing equity shares held, shareholders will receive one new fully paid equity share. The issuance is subject to the approval of the company’s shareholders.

The company plans to use its free reserves and securities premium account to implement the bonus issue. As of March 31, 2025, the securities premium stood at Rs. 89,010,000 and retained earnings were Rs. 400,470,514. An amount of Rs.89,010,000 will be appropriated from either General Reserve or Securities Premium or Capital Redemption Reserve or Retained Earning for issuance of Bonus shares.

Share Capital Post-Bonus

The pre-bonus paid-up equity share capital is Rs. 5,801,400, consisting of 580,140 equity shares of Rs. 10 each. The post-bonus paid-up equity share capital is expected to be around Rs. 34,808,400, consisting of 3,480,840 equity shares of Rs. 10 each.

The bonus shares are expected to be credited/dispatched within two months from the date of board approval.

Source: BSE

Oberoi Realty: Tanu Prasad Appointed as CEO-Malls

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Oberoi Realty has announced the appointment of Tanu Prasad as CEO-Malls, effective September 29, 2025. Prasad brings over 19 years of experience in leasing and strategic churn initiatives. Her expertise includes negotiation, business development, strategy, and analytics. This appointment is expected to strengthen Oberoi Realty’s position in the retail sector.

New Leadership in Retail Sector

Tanu Prasad has been appointed as CEO-Malls at Oberoi Realty, effective September 29, 2025. The employment is contractual in nature, aligning with company policies.

Expertise and Experience

Prasad has a strong background with over 19 years dedicated to expertise in leasing and implementation of strategic churn initiatives. Her experience covers various assets within the leasing portfolio.

Areas of Specialization

Her key areas of expertise include negotiation, business development, strategy and analytics. She also holds an MBA degree and is a qualified engineer.

Previous Experience

Prior to this appointment, Prasad’s experience includes working with REIT and also with Oberoi Mall, which is a retail arm of Oberoi Realty Limited.

Source: BSE

Godrej Agrovet: Receives Warning Letter from SEBI Regarding Disclosure Lapses

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Godrej Agrovet has received a warning letter from SEBI concerning violations of disclosure norms related to the acquisition of Astec Lifesciences Limited. The warning pertains to delays in disclosing changes in shareholding. SEBI observed four instances of delayed disclosures ranging from 11 days to 2,725 days. The company has been advised to exercise caution in the future to avoid similar lapses.

Warning from SEBI

Godrej Agrovet has been issued an administrative warning by the Securities and Exchange Board of India (SEBI) due to violations related to disclosure requirements. The warning is in connection with the acquisition of Astec Lifesciences Limited.

Details of the Violation

The issue relates to delays in disclosing changes in shareholding following the mandatory open offer. Specifically, the company violated regulations regarding timely disclosure of shareholding changes exceeding 2%.

Instances of Delay

SEBI noted four instances of delay in making the required disclosures:

  • February 9, 2017: Delay of 2,725 days
  • March 20, 2019: Delay of 383 days
  • February 28, 2020: Delay of 39 days
  • March 27, 2020: Delay of 11 days

Company Response and Impact

Godrej Agrovet has been warned and advised to be more diligent in the future to prevent similar occurrences. The company states that the warning will not have a material impact on its financial operations or other activities.

Source: BSE

ACC Limited: Internal Auditor Appointment Announced

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ACC Limited has appointed Mr. Shobhit Dwivedi as its new Internal Auditor, effective October 1, 2025. This appointment follows the superannuation of Mr. Mithlesh Satija on September 30, 2025. Mr. Dwivedi brings extensive experience in governance, risk, and compliance to the role, strengthening ACC’s internal audit function.

Internal Auditor Transition

ACC Limited announced the appointment of Mr. Shobhit Dwivedi as the new Internal Auditor. The appointment is effective from October 1, 2025.

Leadership Change

This change comes as Mr. Mithlesh Satija retires on September 30, 2025. Mr. Dwivedi will take over the responsibilities as Internal Auditor. This was approved at the Board of Directors meeting held on September 29, 2025.

About Shobhit Dwivedi

Mr. Shobhit Dwivedi is the Sector Head and Vice President in Risk and Audit at Adani Group. He has over 19 years of experience in Governance, Risk, and Compliance and has a strong background in accounting. He serves as the Chief Audit Executive for Adani’s Energy, Media, Petrochemical, Oil & Gas, and Aviation businesses.

Source: BSE

Indian Railway Finance Corporation: Signs ₹5,929 Crore Loan Agreement with HPGCL

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Indian Railway Finance Corporation (IRFC) has signed a loan agreement with Haryana Power Generation Corporation Limited (HPGCL) to finance ₹5,929 crore for the 800 MW Yamunanagar power project. This project is strategically important for strengthening Haryana’s power supply and will significantly augment the state’s generation capacity through modern technology.

Loan Agreement for Power Project

Indian Railway Finance Corporation (IRFC) has formalized a loan agreement with Haryana Power Generation Corporation Limited (HPGCL) on September 29, 2025, at HPGCL’s Corporate Headquarters in Panchkula. The agreement commits IRFC to finance up to ₹5,929 crore for HPGCL’s upcoming 800 MW (3rd Unit) supercritical thermal power project at Deenbandhu Chhotu Ram Thermal Power Plant (DCRTPP), Yamunanagar.

Strategic Importance

The Yamunanagar power project is considered strategically important for strengthening Haryana’s power supply for households, industries, and agriculture. HPGCL anticipates that this addition will significantly augment the state’s generation capacity through the incorporation of modern and efficient technology.

IRFC’s Role

Established in 1986, IRFC has played a pivotal role in strengthening India’s rail infrastructure. The company is expanding its role as a diversified infrastructure financier. IRFC maintains a strong asset quality track record.

HPGCL’s Role

HPGCL is a wholly owned Government of Haryana undertaking and is the state’s primary power generation utility, responsible for operating and expanding Haryana’s thermal power generation capacity.

Linkages with Indian Railways

The partnership between IRFC and HPGCL carries forward and backward linkages with Indian Railways. HPGCL’s thermal plants depend on coal transported by Indian Railways from eastern coalfields, ensuring steady freight traffic. The generated power supports Indian Railways’ traction requirements and energy needs across Haryana.

Executive Perspective

Shri Manoj Kumar Dubey, Chairman and Managing Director of IRFC, stated, “At IRFC, our focus remains on financing projects of national importance that are closely integrated with Indian Railways. By extending funding support to HPGCL, we are enabling critical capacity addition in Haryana and reinforcing the linkages that strengthen India’s railway infrastructure.”

Source: BSE

Indian Railway Finance Corporation: Signs ₹10,560 Crore Deal with MAHAGENCO

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Indian Railway Finance Corporation (IRFC) has signed a loan agreement with Maharashtra State Power Generation Company Limited (MAHAGENCO) to provide funding of ₹10,560 crore. This investment will support the upcoming 2×660 MW supercritical expansion project at Koradi Thermal Power Station in Nagpur. This collaboration aims to ensure reliable power supply and capacity addition for Maharashtra’s industrial and agricultural consumers.

Funding Agreement with MAHAGENCO

Indian Railway Finance Corporation (IRFC) entered into a loan agreement with Maharashtra State Power Generation Company Limited (MAHAGENCO) on September 29, 2025. The agreement commits IRFC to financing up to ₹10,560 crore for MAHAGENCO’s expansion project.

Koradi Thermal Power Station Expansion

The funding supports the upcoming 2×660 MW supercritical expansion project at Koradi Thermal Power Station (TPS) in Nagpur. This expansion aims to add 1,320 MW of modern supercritical capacity, replacing older units.

Strategic Importance and Impact

The project is strategically important for ensuring reliable power supply to Maharashtra’s industrial and agricultural consumers. Sunil Kumar Goel, Chief General Manager, IRFC, and Pankaj Sharma, CGM (Finance), MAHAGENCO, signed the loan agreement at IRFC’s headquarters in New Delhi.

IRFC’s Role and Diversification

Established in 1986, IRFC plays a pivotal role in strengthening India’s rail infrastructure. As a diversified infrastructure financier, IRFC’s mandate covers projects with forward and backward linkages with railways, including power generation and transmission, mining, fuel, and multimodal logistics. The company maintains a strong asset quality track record with a zero-NPA portfolio.

Strengthening Railway Infrastructure

Manoj Kumar Dubey, Chairman and Managing Director & CEO of IRFC, stated, “At IRFC, our priority is to support projects that are closely integrated with Indian Railways and deliver enduring benefits. By extending funding support to MAHAGENCO, we are not only enabling critical capacity addition in Maharashtra but also strengthening the railway infrastructure that is vital for nation building.” The collaboration also benefits Indian Railways through transportation of coal to MAHAGENCO’s power stations via long-term Tripartite Agreements (TPAs).

Source: BSE