Triveni Turbine Limited has been assigned a ‘Crisil ESG 60’ rating by Crisil ESG Ratings & Analytics Limited. This rating is for the current financial year 2024-25. The company has voluntarily accepted this rating, demonstrating its commitment to Environmental, Social, and Governance (ESG) principles. Further information is available on the company’s website.

ESG Rating Announcement

Triveni Turbine Limited has received an Environmental, Social, and Governance (ESG) rating of ‘Crisil ESG 60’. The rating was assigned by Crisil ESG Ratings & Analytics Limited.

Voluntary Acceptance

The company has voluntarily accepted the ‘Crisil ESG 60’ rating, highlighting its focus on ESG factors within its business operations. This rating is effective for the financial year 2024-25.

Additional Information

Further details regarding the ESG rating and Triveni Turbine Limited’s commitment to sustainability can be found on the company’s official website.

Source: BSE

NBCC (India) Limited has appointed Agarwal S. & Associates as its Secretarial Auditor for a term of five years, effective from the financial year 2025-26 to 2029-30. The decision was approved by shareholders at the 65th Annual General Meeting on September 24, 2025. Agarwal S. & Associates brings extensive experience in company law and securities regulations.

Appointment of Secretarial Auditor

NBCC (India) Limited has confirmed the appointment of Agarwal S. & Associates, Practicing Company Secretaries, as the Secretarial Auditor. This appointment is for a consecutive period of five financial years, starting from FY 2025-26 and concluding in FY 2029-30. The confirmation was made public on September 24, 2025.

Details of the Appointment

The decision to appoint Agarwal S. & Associates was ratified during the company’s 65th Annual General Meeting held on September 24, 2025. Agarwal S. & Associates (Firm Registration No. P2003DE049100) has a proven track record in handling Company Law matters, Securities Laws, and various corporate transactions.

About Agarwal S. & Associates

Agarwal S. & Associates was initially established in 2003 by CS Sachin Agarwal as a proprietorship. It transitioned into a partnership firm in 2016. The firm provides expertise in legal due diligence, transaction documentation, joint ventures, foreign collaborations, mergers, acquisitions, listings, and capital market transactions.

Source: BSE

Tata Steel has acquired 457,71,14,428 equity shares in T Steel Holdings Pte. Ltd (TSHP) for USD 460 million (₹4,054.66 crore). This acquisition makes TSHP a wholly-owned foreign subsidiary. The company disclosed this development which marks an increase in their investment in the Singapore-based entity. This move is expected to streamline operations and enhance strategic control over TSHP.

Complete Acquisition of TSHP

Tata Steel announced that it has acquired full equity stake in T Steel Holdings Pte. Ltd (TSHP). This strategic move reinforces Tata Steel’s control over its foreign subsidiary.

Transaction Details

The acquisition involves 457,71,14,428 equity shares of TSHP, with a face value of USD 0.1005 per share. The total consideration for this acquisition amounts to USD 460 million, equivalent to ₹4,054.66 crore.

TSHP Status Post-Acquisition

Following this transaction, TSHP will remain a wholly-owned foreign subsidiary of Tata Steel, allowing for better integration and management of its overseas operations.

Source: BSE

TBO Tek Ltd. has partnered with Amadeus South Asia to integrate its Travel Marketplace platform. This collaboration aims to provide travel sellers access to new travel content and services, enhancing experiences across South Asia. The partnership seeks to drive innovation and value creation in the travel sector, strengthening TBO’s digital transformation efforts with AI and Amadeus’s presence in South Asia.

Strategic Collaboration for Travel Innovation

TBO Tek Ltd. has announced a partnership with Amadeus South Asia to integrate its Travel Marketplace, a localized AI-driven platform designed to connect travel sellers and providers. The announcement was made on September 24, 2025, marking a significant step in enhancing the travel technology landscape.

Enhancing Travel Services and Content

This collaboration will enable travel sellers to access a wide array of travel content and services available through the Travel Marketplace. By leveraging these innovations, TBO Tek Ltd. aims to improve offerings for travel agents and partners throughout South Asia, providing efficient and personalized experiences.

Statements from Leadership

Ankush Nijhawan, Co-Founder of TBO Tek Ltd., stated that the partnership with Amadeus South Asia is a step towards reimagining how travel agents can access content and services through Amadeus’s technology. He highlighted the goal of empowering travel seller partners with flexibility, speed, and choice.

Sandeep Dwivedi, Managing Director, Travel Sellers, India Subcontinent, Amadeus, added that this partnership reinforces their commitment to supporting the region’s travel sector with technology that drives collaboration and innovation.

Strengthening Market Presence

Through this initiative, TBO reinforces its commitment to digital transformation in travel using AI, while Amadeus strengthens its presence in South Asia by building connections with travel industry players.

Source: BSE

Crisil has appointed Dinesh Khara as an Independent Director for a term of 5 years, effective September 24, 2025, subject to shareholder approval. Khara, former Chairman of State Bank of India (SBI), brings extensive banking and financial expertise to Crisil’s board. The appointment follows recommendations from the Nomination and Remuneration Committee, enhancing the company’s leadership and governance.

Independent Director Appointment

Dinesh Khara (DIN: 06737041) has been appointed as an Independent Director of Crisil, effective September 24, 2025. The appointment is for a period of 5 years and is subject to the approval of the shareholders. The decision was based on the recommendations of the Nomination and Remuneration Committee.

Dinesh Khara’s Background

Mr. Khara served as the Chairman of the State Bank of India (SBI) from October 2020 to August 2024. Prior to that, he held the position of Managing Director (Global Banking & Subsidiaries) at SBI. He has also been involved in various capacities within SBI’s subsidiaries, including SBI Mutual Fund, SBI Life Insurance, SBI Cards, and SBI Capital Markets.

Extensive Banking Experience

Mr. Khara has nearly 40 years of experience in the banking sector, joining SBI as a Probationary Officer in 1984. He holds a Master of Business Administration from FMS New Delhi and a post-graduate degree in Commerce from the Delhi School of Economics. He is also a Fellow member of the Indian Institute of Banking & Finance.

No Inter-Director Relations

Dinesh Khara is not related to any existing Directors of the Company.

Source: BSE

KFin Technologies is hosting an Analyst/Institutional Investor Meet on September 29, 2025, in Mumbai. The meeting will be an in-person (one-to-one) interaction. This event provides an opportunity for investors to engage with the company’s management and discuss its performance and future strategies. The schedule is subject to change based on exigencies.

Analyst/Investor Meet Announcement

KFin Technologies will host an Analyst/Institutional Investor Meet on September 29, 2025. The meeting is scheduled to take place in Mumbai.

Meeting Details

The meeting will be an in-person (one-to-one) session with OHM Group. Any changes to the schedule will be communicated as necessary.

The presentation discussed during the meet will be made available on the websites of the Stock Exchanges and the Company on July 24, 2025.

Source: BSE

REC Limited has sold its subsidiary, Davanagere Power Transmission Limited, to a successful bidder. The sale, completed on September 24, 2025, involved the transfer of 50,000 equity shares held by REC’s subsidiary, RECPDCL, along with all assets and liabilities. The project-specific SPV is no longer a subsidiary of RECPDCL or REC Limited. REC received a professional fee of ₹5 Crore and reimbursement of expenses.

Subsidiary Divestiture

REC Limited has divested its entire shareholding in Davanagere Power Transmission Limited, previously held through its wholly-owned subsidiary, REC Power Development and Consultancy Limited (RECPDCL). The transaction was completed on September 24, 2025, following a tariff-based competitive bidding process.

Transaction Details

The sale involved the transfer of 50,000 equity shares of Davanagere Power Transmission Limited, along with all associated assets and liabilities, to the successful bidder. The consideration received by REC included a professional fee of ₹5 Crore, as well as reimbursement of expenses.

Impact of the Sale

As a result of this transaction, Davanagere Power Transmission Limited is no longer a subsidiary of RECPDCL or REC Limited. The successful bidder is Power Grid Corporation of India Limited. The transaction does not fall within related party purview and is not considered a slump sale.

Source: BSE

Crisil ESG Ratings & Analytics Ltd (CERAL) has assigned an overall Environmental, Social, and Governance (ESG) Rating of ‘Crisil ESG 55’ to HFCL for FY25. CERAL prepared the report independently based on publicly available data. The rating was assigned as of September 24, 2025. HFCL has not engaged CERAL for the ESG Rating.

Crisil ESG Rating

HFCL has received an Environmental, Social, and Governance (ESG) Rating of ‘Crisil ESG 55’ from Crisil ESG Ratings & Analytics Ltd (CERAL). This rating is for the financial year FY25, according to the company’s announcement made on September 24, 2025.

Independent Assessment

The rating was assigned by CERAL, a wholly-owned subsidiary of Crisil Ratings Limited, based on its independent analysis. The company clarified that HFCL did not engage CERAL for this ESG rating. The assessment was conducted using publicly available data pertaining to HFCL.

Source: BSE

Adani Power has completed the sub-division of its equity shares, with one share of ₹10 face value split into five shares of ₹2 each. The newly sub-divided shares, under ISIN INE814H01029, have been credited to shareholder accounts. This move is aimed at enhancing liquidity and accessibility for investors, impacting the company’s share capital structure.

Equity Share Split Executed

Adani Power announced the completion of the sub-division of its equity shares, initially communicated on September 5, 2025. Each equity share with a face value of ₹10 has been sub-divided into five equity shares, each with a face value of ₹2.

New ISIN and Share Credit

The sub-divided shares have been credited under the new ISIN: INE814H01029, facilitated by National Securities Depositories Limited (NSDL) and Central Depository Services (India) Limited (CDSL). Confirmation letters from both depositories are enclosed.

Impact on Share Capital

The sub-division has altered the company’s share capital structure as follows:

Pre-Subdivision:

• Number of Equity Shares: 2,480,00,00,000
• Face Value: ₹10
• Total Share Capital: ₹24,800,00,00,00,000

Post-Subdivision:

• Number of Equity Shares: 12400,00,00,000
• Face Value: ₹2
• Total Share Capital: ₹24,800,00,00,00,000

Pre-Subdivision:

• Issued, Subscribed and Paid-Up Share Capital Number of Equity Shares: 385,69,38,941
• Face Value: ₹10
• Issued, Subscribed and Paid-Up Share Capital Total Share Capital: ₹3856,93,89,410

Post-Subdivision:

• Issued, Subscribed and Paid-Up Share Capital Number of Equity Shares: 1928,46,94,705
• Face Value: ₹2
• Issued, Subscribed and Paid-Up Share Capital Total Share Capital: ₹3856,93,89,410

Source: BSE