Home Blog Page 545

Coal India: Assigned CRISIL ESG Rating of 53

0

CRISIL has assigned Coal India an Environmental, Social, and Governance (ESG) rating of 53 following their assessment. This rating reflects CRISIL’s evaluation of Coal India’s performance and practices related to environmental impact, social responsibility, and corporate governance. The ESG rating will likely influence investor perception and stakeholder engagement for the company. It’s important to note that Coal India has not engaged CRISIL for undertaking an ESG Rating.

CRISIL ESG Rating Assigned

Coal India has received an Environmental, Social, and Governance (ESG) rating of 53 from CRISIL, as communicated in a mail dated September 15th, 2025. This rating reflects CRISIL’s assessment of Coal India’s performance across key ESG factors.

Details of the Rating

The ESG rating of 53 provides stakeholders with an understanding of Coal India’s commitment to Environmental, Social, and Governance principles. It’s important to note that the company has not engaged CRISIL for undertaking an ESG Rating.

Source: BSE

[NTPC Limited]: Subsidiary Green Energy Limited Announces COD for 100 MW Solar Capacity

0

NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has declared the Commercial Operation Date (COD) for part capacity of 100 MW (Solar). This capacity is part of a larger 500 MW project undertaken by IRCON Renewable Power Limited (IRPL), a joint venture of Ayana Renewable Power. With this addition, the total installed and commercial capacity of NTPC group will become 83,026 MW.

Solar Capacity Addition

NTPC Green Energy Limited (NGEL) has announced the declaration of Commercial Operation Date (COD) for a portion of its solar power capacity. The added capacity amounts to 100 MW, contributing to the company’s renewable energy portfolio.

Project Details

The 100 MW capacity is part of the 500 MW plant capacity of IRCON Renewable Power Limited (IRPL), a 24% Joint Venture of Ayana Renewable Power Private Limited. The commercial operation is effective from September 17, 2025.

Impact on NTPC Group

Following this addition, the total installed and commercial capacity of NTPC group is now 83,026 MW, reinforcing its position in the power generation sector.

Source: BSE

Bharti Airtel: Anti-Fraud Measures Reduce Customer Losses by 70%

0

Bharti Airtel has announced that its anti-fraud initiatives have led to a significant reduction in financial losses for its customers. Data from the Indian Cyber Crime Coordination Centre (I4C) indicates a 68.7% decrease in the value of financial losses and a 14.3% drop in overall cybercrime incidents on Airtel’s network since the implementation of the company’s fraud detection solution. The solution was launched in September 2024.

Cybercrime Reduction on Airtel Network

Bharti Airtel announced significant progress in combating cybercrime, resulting in a notable decrease in financial losses experienced by its customers. These improvements are attributed to the company’s anti-fraud measures, which have been validated by recent data from the Indian Cyber Crime Coordination Centre (I4C).

Key Findings from I4C Data

According to the I4C, there has been a substantial 68.7% reduction in the value of financial losses linked to cybercrime incidents on Airtel’s network. Furthermore, the data reveals a 14.3% decrease in overall cybercrime incidents. The I4C’s analysis compared cybercrime indicators from September 2024 (before the launch of Airtel’s fraud and spam detection solution) to those from June 2025.

Airtel’s Commitment to Cybersecurity

Gopal Vittal, Vice Chairman and Managing Director of Bharti Airtel, stated that the company is committed to eliminating spam and financial fraud for its customers. He highlighted that Airtel’s AI-powered network solutions have identified over 48.3 billion spam calls and blocked 3.2 lakhs fraudulent links in the past year. Vittal emphasized that this is part of an ongoing effort, and Airtel will continue to invest in innovative solutions to create a safer network environment.

Pioneering Anti-Spam Technology

In September 2024, Airtel launched India’s first network-based AI-powered Spam detection solution designed to combat the growing problem of unsolicited calls and messages. In May 2025, Airtel introduced a solution that detects and blocks malicious links across all forms of communication on its network in real-time. This service is automatically enabled for all Airtel mobile and broadband customers at no additional cost.

Source: BSE

Aegis Logistics: Clarification on Volume Movement

0

Aegis Logistics has addressed recent queries regarding unusual volume activity in its stock. The company confirms it adheres to all regulatory requirements for disclosures. Aegis Logistics states that it is unaware of any non-public information that would affect trading. They attribute recent volume increases to investor interest and general market dynamics, emphasizing that the company plays no direct role in stock exchange volumes.

Response to Volume Queries

Aegis Logistics has responded to an email regarding recent volume fluctuations in the company’s shares. The company maintains it promptly discloses all relevant information affecting its performance.

Market-Driven Activity

Aegis Logistics asserts it possesses no undisclosed, price-sensitive information that could explain recent trading patterns. According to the company, the increase in share volume across exchanges reflects investor interest tied to the company’s performance and prospects. These fluctuations are characterized as market-driven, with the company having no direct influence on trading volumes.

This announcement is dated September 16, 2025.

Source: BSE

Bajaj Holdings: Interim Dividend Declared; Saurabh Erande Appointed Company Secretary

0

Bajaj Holdings & Investment has announced an interim dividend of ₹65 per equity share (650%) with a face value of ₹10 for the financial year ending March 31, 2026. The record date is set for September 22, 2025, and dividend distribution will occur by October 14, 2025. Additionally, Shri Saurabh Erande has been appointed as the Company Secretary and Compliance Officer, effective October 1, 2025.

Interim Dividend Announcement

The Board of Directors of Bajaj Holdings & Investment has approved an interim dividend of ₹65 per equity share, representing 650% on the face value of ₹10. This dividend is for the financial year concluding on March 31, 2026. The decision was made during a board meeting held on September 16, 2025.

Record Date and Payment Details

The record date to determine eligible shareholders for the interim dividend is September 22, 2025. The company aims to credit or dispatch the dividend payments on or before October 14, 2025, to all eligible shareholders as of the record date.

Appointment of Company Secretary

Shri Saurabh Erande (ACS No: 25908) has been appointed as the Company Secretary and Compliance Officer. This appointment is effective from October 1, 2025. The decision follows the recommendation of the Nomination and Remuneration Committee.

Saurabh Erande’s Profile

Saurabh Erande is a qualified Company Secretary with over 16 years of experience. He specializes in corporate governance, regulatory compliance management, compliance audits, and process improvement. He has also been involved in assignments related to pre-due diligence and post-merger integration.

Source: BSE

Tata Consultancy Services: Partners with ARN Media to Modernize Operations in Australia

0

Tata Consultancy Services (TCS) has entered a multi-year partnership with ARN Media to modernize its technology and business operations in Australia. TCS will streamline ARN’s IT operations, automate core business processes, and create a cloud-first data platform. The partnership aims to enhance ARN’s content delivery and audience engagement. ARN connects with 8 million people weekly and 6.8 million monthly through podcasts.

Strategic Partnership with ARN Media

Tata Consultancy Services (TCS) has announced a multi-year partnership with ARN Media, a leading audio-led entertainment company in Australia. The collaboration aims to transform ARN’s technology and business operations leveraging TCS’s expertise in the media and entertainment industry. The announcement was made on September 16, 2025.

Scope of the Transformation

TCS will focus on streamlining ARN Media’s IT operations through application portfolio rationalization and automation. Key areas of focus include:

Operations.
Core business functions across sales, operations, finance, and accounting.
Creating a cloud-first data platform to enhance decision-making.
This transformation aims to enable ARN to focus on its core business of content delivery.

ARN’s Perspective

Ciaran Davis, Chief Executive Officer, ARN, stated the partnership with TCS is a significant step toward building a leaner and more agile organization. The focus is on streamlining operations and introducing smarter tools and systems to drive content creation, audience growth, and digital capability.

TCS’s Commitment

Akhilesh Tiwari, President, Communications, Media and Information Services (CMI) at TCS, emphasized TCS’s commitment to supporting ARN Media’s data and AI-led transformation. TCS aims to drive greater efficiency across ARN’s core business functions by simplifying and modernizing technology operations.

About ARN Media

ARN connects 8.0 million people each week through broadcast and digital radio and reaches 6.8 million people each month through podcasts with over 2.9 million registered users. ARN owns 58 radio stations across 33 markets, plus 46 digital audio broadcasting stations nationwide.

Source: BSE

Indian Hotels Company: Aspiration to Acceleration – Jefferies India Forum Presentation

0

Indian Hotels Company (IHCL) presented at the Jefferies India Forum on September 16, 2025, outlining its transformation journey and future strategy. The presentation highlighted IHCL’s strong financial turnaround, portfolio growth, and focus on sustainable and profitable expansion. The company aims to continue its leadership position in the hospitality industry through strategic initiatives and a commitment to responsible business practices, targeting accelerated growth by 2030.

Transformation Journey Highlights

IHCL’s transformation journey showcases a strong financial turnaround. Revenue has doubled, reaching ₹8,565 Crore in FY25 compared to ₹4,076 Crore in FY17. EBITDA has increased 4.5x to ₹3,000 Crore, and the company achieved a PAT of ₹1,603 Crore in FY25.

The company’s portfolio has also seen significant growth, with hotel count increasing to 565+ in September 2025, compared to 150 in FY17. IHCL’s footprint now spans over 200 locations.

Strategic Pillars for Future Growth

IHCL’s strategy focuses on three key pillars: Expansion of Portfolio, Evolution of Brandscape, and Excellence in Operations.

  • Portfolio Expansion: IHCL aims to strengthen its leadership in the Indian subcontinent and expand its presence in key international markets.
  • Brandscape Evolution: The company aims to optimize scale, maintain premium positioning, and build brand equity through new concepts.
  • Operational Excellence: IHCL is committed to service excellence, maintaining brand standards, and asset management to drive margin expansion.

Commitment to Sustainability

IHCL is focused on responsible business practices through its ‘Paathya’ initiative. As of FY24/25, IHCL has saved 623 tons of plastic, with 64 hotels operating bottling plants. 50% of water is recycled, and 39% of energy comes from renewable sources.

Accelerate 2030 Vision

IHCL’s ‘Accelerate 2030’ vision aims to achieve 2x+ revenue growth and a portfolio of 700+ hotels. The company targets a 20%+ ROCE and a 70+ NPS, reinforcing its commitment to sustainable and profitable growth.

Strong Beginning and Confidence in Future Growth

IHCL remains confident in delivering double-digit revenue growth for the year. The company reported a strong Q1FY26 performance, building on the momentum of the previous year. With continued portfolio growth and strategic initiatives, IHCL is well-positioned to maintain its leadership in the hospitality industry.

Source: BSE

Ajanta Pharma: Promoter Creates and Releases Pledge on Shares

0

A promoter of Ajanta Pharma Limited created a pledge on 245,000 shares and released a pledge on 115,000 shares. The creation of the pledge is for re-financing, while the release is for excess pledge. These transactions, executed around September 2025, affect the promoter’s encumbered holdings in the company. The updated shareholding details have been disclosed to both BSE and NSE.

Share Pledge Details

As of September 2025, a promoter of Ajanta Pharma Limited has engaged in pledge transactions involving the company’s shares. Specifically, a pledge has been created on a total of 245,000 shares. Simultaneously, a release of pledge occurred for 115,000 shares.

Reason for Pledge Activity

The official purpose stated for the creation of this pledge is for re-financing. The release of pledge is due to an excess pledge situation. This suggests adjustments being made to existing financial arrangements and collateral related to the promoter’s holdings.

Impact on Encumbered Holdings

Following these transactions, the promoter’s encumbered shareholding in Ajanta Pharma has been adjusted. Details regarding the pre and post-transaction percentages of encumbered shares are provided in the official disclosure made to the stock exchanges. As per the document, the post-release holdings of entities like Ravi P Agrawal Trust reflect the reduced encumbrance with a shareholding of 5,762,642 or 4.61%. The creation of pledge on 11-Sep-25 by the same entity resulted in 5,962,642 or 4.77% shareholding. Business financing served as a reason for pledge.

Entities Involved

The involved parties included Ravi Agrawal, trustee of Ravi Agrawal Trust, along with associated entities. The disclosure outlines the shareholding and encumbrance status across various promoter entities to provide a comprehensive view of the overall promoter group’s position in Ajanta Pharma.

Source: BSE

Zen Technologies: Employee Stock Options Exercised, 2,500 Shares Transferred

0

Zen Technologies has transferred 2,500 equity shares to eligible employees following the exercise of stock options under the ‘Zen Technologies Limited Employee Stock Option Plan-2021’. The shares, with a face value of ₹1 each, were transferred from the Zen Technologies Limited Employees Welfare Trust. The newly allotted shares rank equally with existing equity shares, with no impact on the company’s paid-up share capital.

ESOP Exercise and Share Transfer

Zen Technologies Limited announced on September 16, 2025, the transfer of 2,500 equity shares. This transfer is related to the exercise of options previously granted to eligible employees under the ‘Zen Technologies Limited Employee Stock Option Plan-2021’.

Details of the Share Transfer

The shares, each with a face value of ₹1, were transferred from the Zen Technologies Limited Employees Welfare Trust. This trust was established specifically to manage and implement the employee stock option scheme. The transfer occurred after the completion of the applicable vesting period for the employees involved.

Impact on Share Capital

The company confirmed that the shares allotted rank equally with the existing equity shares of Zen Technologies Limited. Furthermore, the company stated that this transfer did not result in any change to the paid-up share capital.

Key Details of Transferred Shares

Equity shares

₹1

September 15, 2025

2,500

₹100

₹99

9,02,90,356

9,02,90,356

Source: BSE

Lodha: Allotment of ₹350 Crore Non-Convertible Debentures

0

Lodha Developers Limited has announced the allotment of 35,000 rated, listed, senior, secured, redeemable, taxable, transferable, non-convertible debentures (NCDs) with a face value of ₹1,00,000 each, aggregating to ₹350 crore. The Executive Committee approved the allotment on September 16, 2025, through a private placement basis. These “Secured NCDs” bear an interest rate of 7.87% p.a. payable quarterly, with the first payment due on December 31, 2025.

Debenture Allotment Details

Lodha Developers Limited has successfully allotted 35,000 rated, listed, senior, secured, redeemable, taxable, transferable, non-convertible debentures. Each debenture has a face value of ₹1,00,000, bringing the total allotment to ₹350 crore. The allotment was approved by the Executive Committee on September 16, 2025, and issued through private placement.

Key Terms of the NCDs

The debentures carry an interest rate of 7.87% p.a., payable quarterly. The interest payment schedule begins on December 31, 2025, with subsequent payments made quarterly until the final maturity date. The maturity date for these debentures is September 15, 2029.

Security and Redemption

The NCDs are secured by a first-ranking charge over certain assets. In case of a delay in interest or principal payment for more than 3 months, a default interest of 2% per annum above the applicable interest rate will be levied. Redemption will be at face value in 12 quarterly installments, commencing from December 31, 2026, with the last installment due on the final maturity date.

Source: BSE