Tata Investment Corporation has responded to an inquiry from the exchange regarding a recent surge in trading volume. In a statement released September 19, 2025, the company stated that it is unaware of any information or announcements that would account for this activity. The company remains committed to transparency and compliance.

Response to Trading Activity Inquiry

Tata Investment Corporation addressed inquiries regarding recent fluctuations in trading volume. The company issued a formal clarification on September 19, 2025, in response to the exchange’s query.

Company Statement

The official statement confirms that Tata Investment Corporation has no undisclosed information or pending announcements that would explain the recent change in trading patterns. The company reiterated its commitment to providing timely and accurate disclosures.

Source: BSE

MMTC Limited has released an update regarding the re-lodgement of physical share transfer requests. The report, dated September 18, 2025, details the status of requests processed under the special window provided. No requests were received, processed, approved, or rejected during the specified period from August 7, 2025, to September 6, 2025. This announcement ensures compliance with regulatory requirements.

Update on Share Transfer Requests

MMTC Limited is providing an update on the re-lodgement of transfer requests for physical shares. This disclosure follows the guidelines for facilitating shareholders during a specified window.

Key Details of the Update

The following information summarizes the status of physical share transfer requests during the period from August 7, 2025, to September 6, 2025:

• Requests Received: 0
• Requests Processed: 0
• Requests Approved: 0
• Requests Rejected: 0
• Average Processing Time: Not Applicable

This report, dated September 18, 2025, confirms that there were no requests processed during this period.

Source: BSE

The Reserve Bank of India (RBI) has acknowledged the right of Currant Sea Investments B.V. to appoint a non-executive director to the Board of Directors of IDFC FIRST Bank. This acknowledgement follows an amendment to an existing investment agreement. The appointment is for one non-executive director who will be liable to retire by rotation, effective September 18, 2025.

Director Appointment Acknowledged

IDFC FIRST Bank announced that the Reserve Bank of India (RBI) has acknowledged the right of Currant Sea Investments B.V. to appoint one non-executive director to the bank’s Board of Directors. This acknowledgement was communicated via a letter received on September 18, 2025.

Details of the Agreement

The director appointment stems from an amendment dated July 3, 2025, to the Investment Agreement originally dated April 17, 2025. This agreement was entered into between IDFC FIRST Bank and Currant Sea Investments B.V., which is an affiliate of Warburg Pincus. This amendment grants Currant Sea Investments B.V. the right to nominate one non-executive director.

Board Implications

The appointed director will serve as a non-executive member of the Board and will be subject to retirement by rotation, ensuring ongoing governance and oversight within IDFC FIRST Bank. This change reflects the investment agreement and provides Currant Sea Investments B.V. with representation on the Board.

Source: BSE

Royal Enfield has partnered with Flipkart to offer its 350cc motorcycle range online, starting September 22, 2025. The partnership aims to make Royal Enfield motorcycles more accessible, initially in Bengaluru, Gurugram, Kolkata, Lucknow, and Mumbai. Customers will have flexible payment options, and after-sales support will be provided through authorized dealers. The range includes Bullet 350, Classic 350, Hunter 350, Goan Classic 350, and Meteor 350.

Royal Enfield and Flipkart Partnership

Royal Enfield is partnering with Flipkart to sell its motorcycles online, offering customers flexible payment options for the first time. This move aims to enhance accessibility and convenience for potential buyers.

Availability and Models

The entire 350cc Royal Enfield range, including the Bullet 350, Classic 350, Hunter 350, Goan Classic 350, and Meteor 350, will be available on Flipkart starting September 22, 2025. The initial launch will cover five cities: Bengaluru, Gurugram, Kolkata, Lucknow, and Mumbai.

Customer Experience

Customers purchasing through Flipkart will receive after-sales support from their preferred Royal Enfield authorized dealer. They will also benefit from GST benefits. This partnership expands Royal Enfield’s reach and provides a convenient online platform for customers to explore and purchase their motorcycles.

Royal Enfield’s Perspective

B. Govindarajan, Managing Director – Eicher Motors Ltd., & CEO – Royal Enfield, stated that the partnership with Flipkart aligns with their mission to make the motorcycling experience more accessible. The collaboration aims to meet the needs of digital-first customers seeking a convenient way to explore and purchase motorcycles. The handover process will be handled through authorized dealer partners.

Source: BSE

Tata Consultancy Services (TCS) is integrating NVIDIA accelerated computing into its retail solutions, enabling faster AI adoption at lower costs. The partnership leverages NVIDIA AI Enterprise to drive innovation and efficiency for retailers globally. TCS estimates potential cost savings of up to 75% for retailers using these solutions. Key solutions include generative AI for personalized content and video analytics for intelligent inventory management, impacting areas like store operations and supply chain management.

Revolutionizing Retail with NVIDIA

Tata Consultancy Services (TCS) is enhancing its retail offerings by incorporating NVIDIA’s accelerated computing capabilities. This integration aims to empower retailers worldwide to leverage next-generation AI capabilities more efficiently and cost-effectively. TCS is embedding NVIDIA AI Enterprise software into its retail products and solutions to foster innovation and differentiation.

Key Benefits and Solutions

The collaboration allows retailers to derive actionable insights, improve precision and agility, and build intelligent automation using NVIDIA’s advanced AI, computer vision, and digital twin capabilities. TCS estimates that retailers could save up to 75% in costs by using TCS solutions on an NVIDIA technology stack.

TCS has developed specialized solutions, including:

• Scalable Enterprise Generative AI Adoption Powered by TCS AI WisdomNext™: This platform, accelerated with NVIDIA AI Enterprise, enables faster AI adoption, reduced costs, and improved productivity. It utilizes NVIDIA NIM and NeMo microservices for enterprise-grade AI assistants, accelerated product onboarding, and personalized content generation.
• Stores of the Future Powered by Video Analytics: This solution uses predictive AI to transform stores into more efficient spaces, reduce theft and checkout times, and improve stock availability.
• AI Competitor DataBureau: Retailers can achieve near-real-time intelligence on competitor strategies, pricing, and promotions. The solution uses NVIDIA NeMo for product matching with over 96% accuracy.
• Retail Simulation-as-a-Service: TCS and NVIDIA are working together to empower retailers to simulate complex scenarios before executing decisions using TCS Optumera™ and NVIDIA Omniverse libraries.

Executive Perspectives

Krishnan Ramanujam, President, Consumer Business Group, TCS, stated, “At TCS, we help retailers gain a competitive advantage and unlock new sources of growth by combining our deep domain experience with next-generation technology at speed and scale. Together with NVIDIA, we are setting a new standard for AI excellence, superior store operations, and dynamic supply chain management in an industry that demands constant innovation and agility.”

Azita Martin, Vice President and General Manager, Retail & CPG, NVIDIA, added, “Retailers are turning to AI – from agentic assistants and in-store computer vision to advanced data science and digital twins – to drive transformation across every step of their value chain. By integrating NVIDIA’s technologies into their platforms, TCS is able to help retailers automate operations, deliver personalized experiences, and simulate business and operation scenarios with faster performance.”

Source: BSE

A small fire incident occurred on September 18, 2025, at 8:50 AM in the Granulation Area-10 of Unit IV of APL Healthcare Limited. The fire, caused by a short circuit, affected Granulation Area-10, causing some damage to Granulation Area-8. The incident was quickly brought under control, resulting in a temporary production impact estimated at around 3% of the unit’s monthly capacity.

Fire at Healthcare Unit

A fire incident occurred at Unit IV of APL Healthcare Limited on September 18, 2025, at approximately 8:50 AM. The incident took place in Granulation Area-10 and was caused by a short circuit.

Impact and Response

The fire spread to a panel, affecting Granulation Area-10 and causing partial damage to Granulation Area-8. Out of a total of 19 lines in the unit, 2 lines were affected and are expected to be impacted for approximately two weeks.

The company states that the fire was immediately controlled thanks to the prompt action of the in-house fire hydrant team, supported by external fire tenders.

Key Details

• No casualties or injuries were reported.
• The incident is expected to result in a temporary production impact of around 3% of the monthly capacity of the affected unit.
• Necessary steps have been initiated to restore the area to operational status within the next few weeks.

The company has taken all appropriate measures to ensure the safety of employees and assets, and does not anticipate any significant material financial or operational impact from this event.

Source: BSE

Bharat Heavy Electricals Limited (BHEL) has received a show cause notice from GST Authorities in Telangana. The notice pertains to GST Annual Returns and Financial Statements for the financial years 2021-22 to 2023-24. The total amount indicated in the notices is ₹586.43 Cr. BHEL is currently evaluating the matter and preparing a suitable response to the GST Authorities.

GST Notice Details

Bharat Heavy Electricals Limited (BHEL) received a show cause notice on September 18, 2025, from the Assistant Commissioner (ST), Commercial Tax Department, Telangana. The notice was issued under Section 73 of the CGST Act/TGST Act, 2017.

Financial Years Involved

The show cause notice relates to the GST Annual Returns and Financial Statements for the financial years 2021-22, 2022-23, and 2023-24.

Potential Financial Implications

The total amount indicated in the show cause notices is ₹586.43 Cr. The breakdown by financial year is as follows:

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At this stage, as the matter is still under review, and an order has not been issued, the expected financial implications cannot be definitively quantified.

Company Response

BHEL is currently evaluating the issues raised, which it believes are generic and may not be tenable. The company is preparing a suitable response to the GST Authorities.

Source: BSE

Sonata Software has addressed recent queries regarding a significant increase in trading volume. The company stated that all necessary disclosures have been made concerning events and information potentially impacting company performance and that they are unaware of any undisclosed information influencing the recent price/volume activity. This announcement was released on September 19, 2025.

Response to Volume Movement

Sonata Software has issued a statement addressing recent increases in its trading volume. The company affirms its commitment to transparency and compliance.

Disclosure Compliance

Sonata Software confirms that all required disclosures concerning events and information that could affect the company’s operations and performance have been properly disseminated to the exchanges. This includes any price-sensitive information as of September 19, 2025.

No Undisclosed Information

Sonata Software states that it is not aware of any undisclosed information or impending announcements that could explain the recent unusual price or volume behavior of its stock.

Source: BSE

Poly Medicure has announced the cancellation of its previously scheduled investor meeting, originally slated for September 19, 2025. The meeting, intended as a one-on-one session with analysts and investors, has been called off due to unforeseen circumstances affecting the participants. This decision impacts the company’s immediate investor relations calendar.

Investor Meeting Update

Poly Medicure Limited has announced the cancellation of its scheduled one-on-one investor meeting. The meeting had been planned for September 19, 2025.

Details of Cancellation

The meeting, which was to feature Carnelian Capital, will no longer take place. The company cited exigencies involving the analysts and investors as the reason for the cancellation. The event was to be a physical meeting held at the company’s registered office. The format was scheduled as a One-on-One session.

Source: BSE