The Phoenix Mills Limited (PML) has announced the elevation of Shishir Shrivastava to Non-Executive Vice Chairman, effective October 1, 2025, until September 30, 2027. Shrivastava has been with PML since 1999 and has played a key role in the company’s growth, including navigating the COVID-19 pandemic. The appointment is subject to shareholder approval.

Leadership Change at Phoenix Mills

Shishir Shrivastava is set to take on the role of Non-Executive Vice Chairman at The Phoenix Mills Limited (PML), marking a new chapter in his long tenure with the company. His elevation is effective from October 1, 2025, and he will serve in this capacity until September 30, 2027. This decision is pending shareholder approval.

Shrivastava’s Contributions

Having been with PML since 1999, Shrivastava has significantly contributed to the company’s evolution into a leading retail-led mixed-use developer. He started as a Project Manager and has since overseen critical projects, including High Street Phoenix and the Phoenix MarketCity portfolio.

Strategic Oversight

In his new role, Shrivastava will transition from day-to-day management to providing guidance and mentorship. He will contribute strategically to PML’s future growth, leveraging his experience in areas such as capital allocation and organizational resilience. He has also been involved in areas such as property management, business development, and investor relations.

Company’s Expansion

PML has an operational retail portfolio of over 11 msft of chargeable retail area across 8 major cities in India. The company is further developing approximately 7 msft of chargeable retail space across 5 new malls. It also includes Grade A offices with a completed office portfolio GLA of approximately 4.2 msft in Mumbai, Pune, and Bengaluru.

Source: BSE

Bharat Electronics Limited (BEL) has announced that it has secured additional orders worth ₹1,092 Crore. These orders, received since the last disclosure on September 16, 2025, include upgrades to EW systems and defense networks, tank sub-systems, TR modules, communication equipment, EVMs, spares and services. This influx of new contracts reinforces BEL’s position in the defense electronics sector.

Significant Order Inflow

Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking, has augmented its order book with new projects valued at ₹1,092 Crore. The company made this announcement on September 29, 2025, detailing a substantial increase in its backlog.

Key Order Details

The newly secured contracts encompass a range of advanced systems and equipment, demonstrating BEL’s diverse capabilities in the defense sector. The key areas include:

• EW (Electronic Warfare) System Upgrades
• Defence Network Upgrades
• Tank Sub Systems
• TR Modules
• Communication Equipment
• EVMs (Electronic Voting Machines)
• Spares and Services

Source: BSE

Bank of India has announced a change in senior management. Shri Raghvendra Kumar, previously Chief Vigilance Officer (CVO) on deputation at PNB, has been elevated to the position of Chief General Manager of the Bank. This change is effective as of September 29, 2025. The bank requests that this change be noted.

Key Management Update

Bank of India announced the elevation of Shri Raghvendra Kumar to the position of Chief General Manager. Previously, Shri Kumar served as the Chief Vigilance Officer (CVO) while on deputation at PNB.

Effective Date

This change in senior management is effective as of September 29, 2025.

Source: BSE

The Phoenix Mills has announced key changes to its management personnel, effective October 1, 2025. Shishir Shrivastava is elevated to Non-Executive Vice-Chairman. Rajesh Kulkarni and Rashmi Sen are designated as Key Managerial Personnel. These changes aim to strengthen leadership and support the company’s growth strategy.

Leadership Transition

Shishir Shrivastava, currently Managing Director, will transition to the role of Non-Executive Vice-Chairman, effective October 1, 2025. His term in this new position will extend until September 30, 2027. This elevation is subject to shareholder approval.

Key Management Appointments

Effective October 1, 2025, Rajesh Kulkarni has been designated as Key Managerial Personnel of the Company.

Additionally, Rashmi Sen has also been appointed as Key Managerial Personnel, effective October 1, 2025.

Executive Profiles

Mr. Shishir Shrivastava has been with PML since 1999, playing a key role in transforming it into a leading retail-led mixed-use developer. He has overseen strategy, business development, and investor relations. As Vice-Chairman, he will guide the company’s executive management.

Mr. Rajesh Kulkarni brings over 34 years of experience in design and project management, contributing significantly to landmark projects. He is respected for his integrity and leadership.

Ms. Rashmi Sen has over 27 years of experience in developing business plans and marketing strategies. She is responsible for driving strategic intent and developing the right retailer mix for all malls.

No Inter-Director Relationships

It has been confirmed that Mr. Shishir Shrivastava, Mr. Rajesh Kulkarni, and Ms. Rashmi Sen are not related to each other.

Source: BSE

The Phoenix Mills Limited has announced key leadership changes, effective October 1, 2025. Shishir Shrivastava is elevated to Non-Executive Vice-Chairman. Rajesh Kulkarni and Rashmi Sen are designated as Key Managerial Personnel. The changes are subject to shareholder approval and aim to strengthen the company’s leadership structure for future growth and strategic initiatives.

Leadership Transition at Phoenix Mills

The Phoenix Mills Limited has announced key leadership transitions, following a board meeting held on September 29, 2025. These changes are designed to enhance the company’s strategic direction and operational efficiency.

Key Appointments and Changes

The following appointments and changes will take effect from October 1, 2025, subject to shareholder approval:

• Shishir Shrivastava: Elevated from Managing Director to Non-Executive Vice-Chairman for a term of two years, concluding on September 30, 2027.
• Rajesh Kulkarni: Designated as Key Managerial Personnel.
• Rashmi Sen: Designated as Key Managerial Personnel.

Shishir Shrivastava’s New Role

As Non-Executive Vice-Chairman, Shishir Shrivastava will continue to contribute to the company’s strategic vision, bringing his extensive experience to guide the executive management team. His new term extends until September 30, 2027.

Designation of Key Managerial Personnel

The designation of Rajesh Kulkarni and Rashmi Sen as Key Managerial Personnel reflects their significant roles within the company. These appointments are effective from October 1, 2025.

Source: BSE

The National Company Law Tribunal (NCLT), Hyderabad Bench, has reserved its order regarding the scheme of amalgamation between Medinova Diagnostic Services Limited and Vijaya Diagnostic Centre Limited. The decision follows a hearing held on September 26, 2025. The amalgamation has an effective appointed date of April 1, 2024 and the order sheet is available on the NCLT website.

Amalgamation Scheme Update

Vijaya Diagnostic Centre Limited announces that the Hon’ble National Company Law Tribunal, Hyderabad Bench, has reserved its order concerning the proposed amalgamation of Medinova Diagnostic Services Limited with Vijaya Diagnostic Centre Limited. This update follows the hearing conducted on Friday, September 26, 2025.

Key Details of the Amalgamation

The scheme, filed under Sections 230 to 232 of the Companies Act, 2013, involves the amalgamation of Medinova Diagnostic Services Limited (Transferor Company) into Vijaya Diagnostic Centre Limited (Transferee Company), along with their respective shareholders and creditors. The amalgamation is proposed on a going concern basis, with an appointed date of April 01, 2024.

NCLT Order and Next Steps

The attendance-cum-order sheet from the NCLT, indicating the “Orders Reserved” status, has been uploaded to the NCLT’s website. While the website copy is available, the certified true copy of the order is still awaited. Once received, the certified copy will be submitted to the Exchanges.

Source: BSE

Blue Dart Express Limited announced a General Price Increase (GPI) effective January 1st, 2026. The average shipment price is set to increase in the range of 9% to 12%, depending on product variabilities and the customer’s shipping profile. Customers signing up between October 1st and December 31st, 2025, will not be impacted by this price increase.

General Price Increase

Blue Dart Express Limited announced a General Price Increase (GPI) effective January 1st, 2026. The average shipment price is set to increase between 9% to 12% based on product variations and customer shipping profiles.

Reasoning Behind the Increase

This pricing adjustment ensures continued service excellence and fosters sustainable ecosystem collaboration. It maintains Blue Dart’s standards of speed, reliability, and customer-centric solutions while addressing inflationary pressures, escalating airline costs, and global supply chain complexities.

Exemption for New Customers

To support new customers and encourage business growth, Blue Dart will exempt those signing up between October 1st and December 31st, 2025, from the upcoming GPI.

Management Commentary

Balfour Manuel, Managing Director, Blue Dart Express, stated that the company’s commitment is to deliver excellence by building a future-ready logistics ecosystem. The General Price Increase will enable investments in advanced technology, greener logistics, and network expansion.

Commitment to Customers

Blue Dart remains steadfast in connecting businesses and communities with trust, speed, and care. They proactively balance economic realities with long-term investments in innovation and sustainability for resilient growth and customer satisfaction.

About Blue Dart

Blue Dart Express Ltd. delivers consignments to over 56,400+ locations in India, offering secure and reliable services. As part of the DHL Group’s DHL eCommerce division, it accesses an extensive global network across 220+ countries and territories.

Source: BSE

Nestlé India successfully conducted one-on-one meetings with institutional investors on September 29, 2025. Two virtual meetings were held, one at 11:30 A.M. (IST) and another at 2:00 P.M. (IST). The company confirmed that no unpublished price-sensitive information was disclosed during these interactions, and the details are available on the company website.

Investor Engagement

Nestlé India held discussions with its institutional investors via one-on-one meetings on September 29, 2025. The company aims to maintain transparent communication with its investor base.

Meeting Details

Two virtual meetings were held on Monday, September 29, 2025:

• Meeting 1: 11:30 A.M. (IST)
• Meeting 2: 2:00 P.M. (IST)

These sessions provided an opportunity for investors to engage with the company’s management and gain insights into its operations and strategic direction.

Information Disclosure

Nestlé India confirmed that no unpublished price-sensitive information was shared during the aforementioned investor meetings. This information has been uploaded to the Company’s website at www.nestle.in.

Source: BSE

Dalmia Bharat has announced the appointment of Anirudh Tara as its new Chief Strategy Officer (CSO), effective September 29, 2025. Tara brings over 15 years of experience in strategy and business transformation, having previously served as Managing Director & Partner at Boston Consulting Group. This appointment is aimed at strengthening Dalmia Bharat’s strategic initiatives and driving growth.

CSO Appointment

Anirudh Tara has been appointed as the Chief Strategy Officer (CSO) of Dalmia Bharat, effective September 29, 2025. This appointment designates him as a Senior Management Personnel within the company.

Professional Background

Tara holds an MBA from IIM-Calcutta and a B.Tech. (Electrical) from Delhi College of Engineering. He has over 15 years of experience working with a variety of clients across sectors including conglomerates, building materials, consumer durables, and healthcare, both in India and Australia. He specializes in large-scale business transformations and strategic consulting.

Previous Role

Prior to joining Dalmia Bharat, Anirudh Tara served as Managing Director & Partner at Boston Consulting Group, where he focused on profitability transformation, growth acceleration, and operating model optimization. He also played a role in expanding BCG’s practice in India.

Source: BSE