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One 97 Communications: Additional Investment in Subsidiaries Completed

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One 97 Communications has successfully completed additional investments in its two wholly-owned subsidiaries, Paytm Money Limited and Paytm Services Private Limited. The investments were made through the subscription of equity shares via a Rights Issue. The total investment amounts to INR 300 Crores and INR 155 Crores respectively. Further details can be found on the company’s website.

Investment Overview

One 97 Communications announced the completion of additional investments into its subsidiaries, Paytm Money Limited and Paytm Services Private Limited, via subscription of equity shares through a Rights Issue. This strategic move reinforces the company’s commitment to strengthening its subsidiaries.

Financial Details

The total investments completed are as follows:

  • Paytm Money Limited: INR 300 Crores (Indian Rupees Three Hundred Crores only)
  • Paytm Services Private Limited: INR 155 Crores (Indian Rupees One Hundred Fifty Five Crores only)

Disclosure Information

This information was disclosed in a letter dated August 25, 2025, with the completion announced on September 22, 2025. The disclosure is also available on the company’s website.

Source: BSE

Timken India: Acquires 26.1% Stake in Sunstreamgreen Energy

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Timken India Limited has entered into an agreement to acquire a 26.1% equity stake in Sunstreamgreen Energy C&I Three Private Limited. This investment is being made to purchase power under a Group Captive Scheme, supporting Timken’s renewable energy initiatives. The acquisition is expected to be completed on or before December 2025, furthering the company’s commitment to sustainable energy solutions.

Strategic Investment in Renewable Energy

Timken India Limited has announced a strategic agreement to acquire a 26.1% equity stake in Sunstreamgreen Energy C&I Three Private Limited. This move underscores Timken’s commitment to sustainable practices and renewable energy adoption.

Details of the Acquisition

The acquisition of shares in Sunstreamgreen Energy is primarily aimed at purchasing power under a Group Captive Scheme. This investment will enable Timken India to source renewable energy for its operations. The cost of acquisition is ₹70,00,020, which accounts for 7,00,002 equity shares at ₹10 each.

Sunstreamgreen Energy Overview

Sunstreamgreen Energy C&I Three Private Limited was recently incorporated on July 14, 2025, and is focused on electricity generation through renewable sources. The company’s operations are yet to commence. Timken’s investment is intended to facilitate the purchase of solar power generated by Sunstreamgreen Energy through a Power Purchase Agreement (PPA).

Timeline for Completion

The acquisition is expected to be completed on or before December 2025. This investment aligns with applicable regulations to maintain group captive status, requiring Timken to hold at least 26% of the equity shareholding in Target Company.

Source: BSE

Caplin Point Laboratories: Appoints Secretarial Auditor for 2025-2030

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Caplin Point Laboratories has appointed M/s. Alagar & Associates LLP as its secretarial auditor. The appointment, approved by shareholders on September 22, 2025, is for a term of five years, commencing from the financial year 2025-26 and continuing until 2029-30. This appointment ensures compliance with corporate governance standards and regulatory requirements.

Secretarial Auditor Appointment

M/s. Alagar & Associates LLP has been appointed as the Secretarial Auditor for Caplin Point Laboratories. The appointment was approved by the shareholders at the 34th Annual General Meeting held on September 22, 2025.

Appointment Term and Details

The tenure for M/s. Alagar & Associates LLP is set for five consecutive years, starting from the financial year 2025-26 and concluding in 2029-30. This decision ensures the company remains compliant with corporate regulations and reporting standards.

About Alagar & Associates LLP

M/s. Alagar & Associates LLP is a firm specializing in Corporate Secretarial and Legal practices. With over 15 years of experience, they feature a team of 30 members. Their expertise includes corporate secretarial work, secretarial audits, FEMA and SEBI regulations.

Independence Confirmation

It is confirmed that M/s. Alagar & Associates LLP has no relationship with any of the Directors of Caplin Point Laboratories.

Source: BSE

KEI Industries: Senior Vice President of Technical/R&D Resigns

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Dr. Zaid Kahtan Abbas, Senior Vice President of Technical/R&D at KEI Industries, has resigned from his position due to personal reasons/commitments. The resignation is effective as of September 22, 2025. This announcement details the change in senior management as required by listing regulations.

Senior Management Change

KEI Industries has announced that Dr. Zaid Kahtan Abbas, who held the position of Senior Vice President – Technical / R&D, has resigned from the company. The resignation is attributed to personal reasons and commitments.

Resignation Details

The effective date of Dr. Abbas’s resignation is September 22, 2025. The company has made this announcement to comply with corporate governance and disclosure requirements.

The announcement clarifies that Dr. Abbas has no familial or financial relationship with other directors of the company.

Source: BSE

Tata Consultancy Services: Board to Consider Interim Dividend and Financial Results

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The Board of Directors of Tata Consultancy Services (TCS) will meet on October 9, 2025, to approve the audited standalone and consolidated financial results for the quarter and six-month period ending September 30, 2025. The board will also consider the declaration of a second interim dividend to equity shareholders. If declared, the dividend will be paid to shareholders on record as of October 15, 2025.

Board Meeting Scheduled

Tata Consultancy Services (TCS) has announced a meeting of its Board of Directors to be held on Thursday, October 9, 2025. The meeting will address several key items, including the approval of financial results and the consideration of an interim dividend.

Financial Results Approval

The Board will review and approve the audited standalone financial results of the company, prepared in accordance with Indian Accounting Standards (Ind AS), for Q2 and the first half of the fiscal year, both ending on September 30, 2025. Similar approval will be sought for the audited consolidated financial results of TCS and its subsidiaries for the same period.

Second Interim Dividend

A key agenda item is the consideration of declaring a second interim dividend to the company’s equity shareholders. If a dividend is declared, it will be distributed to shareholders whose names appear on the Register of Members or in the records of the Depositories as beneficial owners, as of Wednesday, October 15, 2025, which has been set as the Record Date.

Trading Window Closure

In compliance with the company’s Code of Conduct for Prevention of Insider Trading, the trading window for TCS’s equity shares will remain closed starting September 23, 2025. The closure will extend until 48 hours after the financial results are made public, ensuring fair market practices.

Source: BSE

Tata Consultancy Services: Board to Consider Second Interim Dividend

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Tata Consultancy Services (TCS) has announced that its Board of Directors will meet on October 9, 2025, to consider and approve the audited standalone and consolidated financial results for the quarter and six-month period ending September 30, 2025. The board will also consider the declaration of a second interim dividend to equity shareholders. If declared, the dividend will be paid to shareholders on October 15, 2025.

Board Meeting Scheduled

The Board of Directors of Tata Consultancy Services (TCS) is set to convene on Thursday, October 9, 2025. The meeting’s agenda includes the review and approval of the company’s financial performance and a key decision regarding shareholder returns.

Financial Results on the Agenda

During the meeting, the board will review and approve the audited standalone financial results for Q2 2026, ending September 30, 2025, prepared in accordance with Indian Accounting Standards (Ind AS). The consolidated financial results, encompassing TCS and its subsidiaries, for the same period will also be reviewed and approved.

Second Interim Dividend Consideration

A significant item on the agenda is the consideration of declaring a second interim dividend for the company’s equity shareholders. The potential dividend payout underscores TCS’s commitment to delivering value to its investors.

Important Dates for Shareholders

If the board approves the declaration of the second interim dividend, it will be distributed to shareholders whose names are recorded in the Register of Members or by the Depositories as beneficial owners as of Wednesday, October 15, 2025, which will serve as the Record Date.

Trading Window Closure

In compliance with the company’s insider trading policies, the trading window for TCS’s equity shares will remain closed from September 23, 2025, until 48 hours after the financial results become public.

Source: BSE

Motherson: JCR Reaffirms Credit Ratings

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Japan Credit Rating Agency Ltd. (JCR) has reaffirmed the credit ratings for Samvardhana Motherson International Limited. The rating outlook is stable, and the rating action is ‘A’. Detailed information is available via provided links to the English and Japanese versions of the announcement.

Credit Rating Update

Samvardhana Motherson International Limited announced that Japan Credit Rating Agency Ltd. (JCR) has reaffirmed its credit ratings.

Rating Details

The key highlights from the announcement are:

  • Rating Outlook: Stable
  • Rating Action: A

For detailed information, please refer to the links below:

Source: BSE

UTI Asset Management: Board Meeting Scheduled for October 18, 2025

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UTI Asset Management Company Limited has announced a board meeting scheduled for October 18, 2025. The meeting will focus on reviewing and approving the un-audited standalone and consolidated financial results for the quarter and half-year ending September 30, 2025. Other general business matters will also be discussed during the board meeting.

Board Meeting Announcement

A board meeting of UTI Asset Management Company Limited is scheduled for Saturday, October 18, 2025.

Agenda

The board will consider and approve the un-audited standalone and consolidated financial results for the quarter and half year ending September 30, 2025.

The board will also discuss other general business matters.

Source: BSE

Jubilant Ingrevia: Issues Commercial Papers of ₹50 Crore

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Jubilant Ingrevia has issued Commercial Papers (CPs) amounting to ₹50 Crore on September 22, 2025. These CPs are listed and have a tenure of 60 days, maturing on November 21, 2025. The coupon/interest offered is 5.95% per annum, payable upfront upon maturity. The issuance was approved by the Finance Committee on October 23, 2024.

Commercial Paper Issuance

Jubilant Ingrevia has announced the issuance of Commercial Papers (CPs) totaling ₹50 Crore. This issuance took place on September 22, 2025.

Key Details of the Issuance

The key details of the commercial paper issuance are as follows:

  • Issue Size: ₹50 Crore
  • Listing: Listed
  • Tenure: 60 days
  • Allotment Date: September 22, 2025
  • Maturity Date: November 21, 2025
  • Coupon/Interest Rate: 5.95% per annum
  • Interest Payment: Upfront
  • Principal Payment: On maturity, November 21, 2025
  • Stock Exchange: National Stock Exchange of India Limited (NSE)
  • Security: Unsecured

Approval and Outstanding Amount

The Finance Committee approved the issuance of Commercial Papers up to ₹600 crore on October 23, 2024. The aggregate amount of Commercial Papers outstanding, including this issue, is ₹100 Crores as of today.

Source: BSE

AU Small Finance Bank: Partners with Zaggle for Co-Branded Credit & Prepaid Cards

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AU Small Finance Bank has partnered with Zaggle to launch co-branded retail credit and prepaid cards. The program features a unique Third-Party Application Provider (TPAP) integration and personalized recommendations. This collaboration aims to enhance customer experiences through smart spending, easy rewards, and tech-enabled convenience. The partnership extends to commercial credit cards and prepaid programs tailored for corporate clients.

Strategic Partnership Overview

AU Small Finance Bank has entered into a strategic alliance with Zaggle to introduce co-branded retail credit and prepaid cards. This partnership aims to leverage Zaggle’s spend management capabilities and AU SFB’s financial expertise to deliver innovative solutions to both retail and corporate clients.

Co-Branded Retail Credit Cards

The co-branded retail credit cards are designed to offer customers enhanced value through smart spending features and easy-to-earn rewards. The cards are equipped with a unique Third-Party Application Provider (TPAP) integration and a personalized recommendation engine, aimed at creating a seamless and rewarding spending experience.

Commercial Credit Card Portfolio

In addition to retail credit cards, AU SFB and Zaggle will introduce a commercial credit card portfolio. AU SFB will utilize its underwriting expertise, while Zaggle will leverage its enterprise network to onboard corporate customers. These customers will gain access to Zaggle’s Zatix platform, which provides real-time visibility and actionable insights into corporate spending.

Co-Branded Prepaid Card Program

The partnership includes a co-branded prepaid card program tailored for corporate clients. Integrated with Zaggle’s Zatix platform, this program offers tax-saving benefits across categories such as fuel, meals, and gifts. Corporations can manage expenses and reimbursement tracking through the Zaggle mobile app.

Zaggle SAVE Integration

Zaggle will introduce AU SFB with its southern regional corporate/connect as a primary banking franchise. With this multi-phase rollout, Zaggle and AU SFB are poised to deliver a powerful suite of financial products and platforms, tailored for India’s dynamic consumer and corporate ecosystem. Zaggle SAVE automates employee expense reporting and reimbursements.

Key Benefits

  • Retail Credit Cards with TPAP integration and Al-powered recommendation engine
  • Corporate Credit Cards supported by Zaggle’s enterprise acquisition and Zatix SaaS platform
  • Multi-Wallet Prepaid Cards for tax savings, fully managed via the Zaggle app

Source: BSE