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Hindustan Copper: Analyst Meet on Corporate Presentation Held September 18, 2025

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Hindustan Copper Limited held a meeting with analysts, investors, and institutional investors on September 18, 2025, to discuss the company’s corporate presentation. The presentation covered the company’s operations, financial performance, expansion plans, and future outlook. Key discussion points included copper reserves, production capacity, and strategies for growth, with the presentation document also available online.

Copper Reserves and Resources

Hindustan Copper Limited (HCL) possesses substantial copper ore reserves and resources. As of April 1, 2024, the company’s resources and reserves totaled 755.32 Million tonnes. Of the world’s total copper reserves, India holds approximately 0.2%.

Financial Highlights

Hindustan Copper’s robust financial performance in FY 24-25 includes:

  • Highest Ever PAT: ₹469 Cr
  • Highest Ever Revenue from Operations: ₹2071 Cr
  • Highest Ever PBT: ₹634 Cr
  • Highest Ever Dividend Declared: ₹141 Cr
  • Highest Ever Production from Malanjkhand Mine: 27.25 Lakh Tonne Ore

Production Capacity

The company is focused on expanding its production capacity from around 4 MTPA to 12.20 MTPA. Mine capacity expansion is projected to reach 8.24 Mt in FY 27-28, eventually expanding to 12.2 Mt by FY 30-31.

Operational Footprint

Hindustan Copper Limited’s operational footprint includes:

  • Khetri Copper Complex (KCC): Underground mine and beneficiation plant with a workforce of 491.
  • Indian Copper Complex (ICC): Underground mine and beneficiation plant with a workforce of 273.
  • Malanjkhand Copper Project (MCP): Underground mine and beneficiation plant with a workforce of 308.
  • Gujarat Copper Project (GCP): Secondary smelting & Refining with a workforce of 3.
  • Taloja Copper Project (TCP): Continuous casting wire rod plant with a workforce of 70.

Expansion Strategy

Hindustan Copper’s strategy for meeting expansion targets includes:

  • Expansion of Underground Mine at Malanjkhand Copper Project (MCP).
  • Expansion of mining capacity at Khetri Copper Complex (KCC).
  • Re-opening of Rakha mine at Indian Copper Complex (ICC).

The company anticipates that operations will commence at Kendadih by December 2025 and expects restart of mining operations at Rakha by Q4, FY 26.

Source: BSE

Coal India Limited: Tushar Kumar Appointed Executive Director (Renewables)

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Coal India Limited (CIL) has appointed Shri Tushar Kumar as Executive Director (Renewables), effective September 15, 2025. Mr. Kumar, aged about 54 years, brings extensive experience to the role and will be part of the Senior Management Personnel team. His expertise in thermal, wind, and solar power will be crucial for CIL’s renewable energy initiatives and strategic growth in the sector.

Executive Appointment

Shri Tushar Kumar has joined Coal India Limited (CIL) as Executive Director (Renewables) on September 15, 2025. This appointment positions Mr. Kumar as part of CIL’s Senior Management Personnel, signifying the importance of his role in the company’s strategic direction.

Professional Background

Mr. Kumar, approximately 54 years old, is an Electrical Engineer with post-graduation in Electrical Engineering and an MBA in Finance. He possesses over 29 years of experience in the power sector, specifically in Thermal Power, Wind Power, and Solar Power Plants. His wide-ranging experience will be crucial as CIL expands its focus on renewable energy projects.

Renewables Focus

The appointment of an Executive Director dedicated to Renewables demonstrates Coal India’s strategic shift towards sustainable energy solutions. Mr. Kumar’s expertise is expected to contribute significantly to CIL’s growth in the renewable energy sector and support its environmental sustainability goals.

Source: BSE

KIMS Hospitals: Commences Operations at New Bengaluru Hospital

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KIMS Hospitals has announced the commencement of operations at its new hospital in Mahadevapura, Bengaluru. The state-of-the-art facility is a 450-bedded, multi-specialty tertiary care hospital equipped with over 35 medical and surgical specialties, 120+ advanced ICU beds, and more than 100 dedicated OPD beds. This expansion marks KIMS Hospitals’ entry into the Bengaluru region.

Bengaluru Hospital Launch

KIMS Hospitals has formally commenced operations at its new hospital in Mahadevapura, Bengaluru. This marks a significant milestone for the company as it expands its footprint into a new region.

Facility Details

The new facility is a 450-bedded, multi-specialty tertiary care hospital, designed to provide comprehensive medical services. It features:

  • Over 35 medical and surgical specialties
  • 120+ advanced ICU beds
  • More than 100 dedicated OPD (Outpatient Department) beds

The hospital is equipped to cater to both critical and routine healthcare needs.

Strategic Significance

This expansion signifies KIMS Hospitals’ commitment to delivering high-quality healthcare services and marks its first foray into the Bengaluru region. The hospital aims to provide accessible healthcare services to the community.

Source: BSE

Piramal Enterprises: Analyst Meeting Schedule and Investor Presentation

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Piramal Enterprises Limited (PEL) has announced the schedule for an upcoming analyst and institutional investor meeting. The meeting, a Nomura Roadshow, is scheduled for September 18th – 19th, 2025, in Tokyo. The corporation has also provided an investor presentation to be discussed during this conference.

Strategic Investor Engagement

Piramal Enterprises is actively engaging with analysts and institutional investors through a scheduled meeting in Tokyo. This strategic interaction provides a platform to discuss the company’s performance, strategy, and future outlook.

Meeting Details

The analyst/institutional investor meeting is scheduled for September 18th – 19th, 2025. The meeting is a Nomura Roadshow (‘NDR’) and is intended for an investor group.

Venue: Tokyo

Note: The provided schedule is subject to change due to potential exigencies on the part of the investors or the company.

Financial Highlights

As of March 2025:

  • Consolidated AUM: ₹80,689cr
  • Growth Biz AUM: ₹73,769cr

Retail Lending Growth

  • Retail AUM: INR 69,005 Cr (up 37% YoY)
  • Mortgages AUM: INR 47,101 Cr (up 38% YoY, 68% of retail AUM)

Asset Quality

  • Consol. GNPA: 2.8%
  • Consol. NNPA: 1.9%

Key Strategies

  • Branch-led sourcing with consistent productivity.
  • Data-driven underwriting capabilities.
  • Tech-integrated “High Tech / High Touch” model.

Source: BSE

Gujarat Pipavav Port: Clarification on Recent Volume Increase

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Gujarat Pipavav Port Limited has addressed an inquiry regarding a significant increase in trading volume. The company stated that it possesses no undisclosed information or pending updates that would account for this activity. They are unaware of specific reasons for the increased volume across exchanges. This announcement is dated September 15, 2025.

Response to Volume Surge Inquiry

Gujarat Pipavav Port Limited has responded to an exchange query concerning a noticeable increase in the volume of its security trading. The company’s official statement, issued on September 15, 2025, confirms that they are currently not in possession of any non-public information that would explain this surge.

No Undisclosed Information

The company clarified that it is not withholding any updates or information which could potentially clarify the trading volume changes. The announcement reiterates the company’s commitment to transparency and adherence to standard disclosure protocols. Gujarat Pipavav Port Limited remains unaware of any specific factors driving the increased trading activity across various exchanges.

Source: BSE

Indian Energy Exchange: PPFAS Mutual Fund Increases Stake

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PPFAS Mutual Fund, along with persons acting in concert, has increased its stake in Indian Energy Exchange (IEX). The acquisition involved the purchase of additional shares, resulting in a total holding of 8,19,19,825 shares, which represents 9.19% of the company’s total share/voting capital. This transaction was completed on September 10, 2025, through open market purchases.

PPFAS Mutual Fund Increases Holding in IEX

PPFAS Mutual Fund has increased its stake in Indian Energy Exchange Limited (IEX) through open market purchases. The acquisition was completed on September 10, 2025.

Details of the Acquisition

Prior to the acquisition, PPFAS Mutual Fund held 8,09,28,741 shares, representing 9.08% of the total share/voting capital. Following the purchase of an additional 9,91,084 shares, the total holding now stands at 8,19,19,825 shares, equivalent to 9.19% of the total share/voting capital.

Impact on Share Capital

The equity share capital of IEX before and after the acquisition remains the same at Rs. 89,16,92,735, consisting of 89,16,92,735 shares with a face value of Re. 1 per share. The total diluted share/voting capital after the acquisition also remains unchanged at Rs. 89,16,92,735.

Source: BSE

[Bajaj Housing Finance]: Approves Amendment to Fair Disclosure Code

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Bajaj Housing Finance has announced the approval of an amendment to its ‘Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information’. The amendment was approved by the Board of Directors on September 15, 2025. The revised code is available on the company’s website, aiming to ensure transparent and equitable dissemination of price-sensitive information.

Fair Disclosure Code Amendment

On September 15, 2025, the Board of Directors of Bajaj Housing Finance approved an amendment to its ‘Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information’ (the Code).

Availability of the Code

The amended Code is hosted on the company’s website for public access and transparency:

https://www.bajajhousingfinance.in/policies-and-documents

Purpose of the Amendment

The amendment aims to update and reinforce the company’s practices and procedures for ensuring fair and transparent disclosure of unpublished price-sensitive information, aligning with the company’s commitment to maintaining high standards of corporate governance.

Key Aspects of the Code

The Code encompasses several key aspects, including:

  • Ensuring prompt and uniform public disclosure of Unpublished Price Sensitive Information (UPSI).
  • Maintaining a digital database of individuals with whom UPSI is shared.
  • Principles for determining what constitutes a legitimate purpose for sharing information.
  • Processes for sharing UPSI, including confidentiality measures.

Source: BSE

Grasim Industries: LIC Discloses Substantial Acquisition of Shares

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Life Insurance Corporation of India (LIC) has disclosed a substantial acquisition of shares in Grasim Industries. The disclosure, dated September 10, 2025, reveals that LIC now holds more than 5% of the company’s shares. LIC now holds 51,035,206 shares, representing 7.499% of total equity. The acquisitions were made through market purchases.

LIC Increases Stake in Grasim

Life Insurance Corporation of India (LIC) has reported a significant acquisition of shares in Grasim Industries Limited.

Details of Shareholding

Prior to this acquisition, LIC held 64,702,813 shares, amounting to 9.507% of Grasim’s total share/voting capital. Following the acquisition, LIC now holds 51,035,206 shares, representing 7.499% of total share/voting capital.

Transaction Details

The acquisition involved the purchase of 13,667,607 shares, representing 2.008% of the total share/voting capital. These shares were acquired through open market purchases.

Capital Structure

The equity share capital/total voting capital of Grasim Industries before and after the acquisition remains constant at 136,11,61,152.00.

Source: BSE

Bank of Baroda: Participation in Morgan Stanley India Financials Conference

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Bank of Baroda will participate in the Morgan Stanley India Financials Virtual Investor Group Conference on September 18, 2025, from 3:30 pm to 4:20 pm. The conference is a virtual event. A list of investors expected to participate includes names such as 3P Investment Managers, AIA Group, and Tata AIA Life Insurance, among others.

Virtual Investor Conference

Bank of Baroda will be participating in the Morgan Stanley India Financials Virtual Investor Group Conference, a virtual event, on September 18, 2025. The conference is scheduled from 3:30 pm to 4:20 pm.

Participating Investors

The tentative list of investors expected to participate in the meeting/conference is as follows:

  • 3P Investment Managers
  • AIA Group
  • Allianz Global Investors
  • Amova Asset Management
  • Amundi Asset Management
  • APG Investments
  • Balyasny Asset Management
  • BOI Investment Managers
  • Canara HSBC Life Insurance
  • Canara Robeco Asset Management
  • Carrhea Capital
  • Central Asset Investments
  • Chanakya Wealth Creation
  • Citadel International Equities
  • ERBF
  • Fact Capital
  • First Voyager Advisor
  • Franklin Templeton
  • GIC
  • Goldman Sachs Asset Management
  • HDFC Asset Management
  • Highwest Global Management
  • ICICI Prudential Life Insurance
  • ICICI Prudential Mutual Fund
  • India Capital Management
  • Invesco Asset Management
  • Ishana Capital
  • Jain Global
  • Janus Henderson Investors
  • JM Financial
  • K3 Funds
  • Kiwoom Asset Management Asia
  • Kora Management
  • Kotak Life Insurance Company
  • Kotak Mahindra Asset Management
  • Makrana Capital Management
  • Manulife Investment Management
  • Marshall Wace
  • Millennium Partners
  • Moon Capital
  • Nine Masts Capital
  • North Rock Capital Management
  • Oaktree Capital Management
  • Ontario Municipal Employees Retirement System
  • Optimas Capital
  • Oxbow Capital Management
  • Partners Bay
  • Pinpoint
  • Point72 Asset Management
  • Polymer Capital Management
  • Premji Investments
  • SBI Funds Management Limited
  • Schonfeld Strategic Advisors
  • Sephira Emerging Markets
  • Tara Capital Partners
  • Tata AIA Life Insurance
  • Tata AIG General Insurance Company
  • Tata Mutual Fund
  • Tekne Capital Management
  • Think Investiments
  • Triveni Capital
  • UBS Asset Management
  • Wellington Management Company
  • White Oak Capital Management (India)

Source: BSE

Mastek: Hi5 Youth Foundation to Acquire 1.62% Stake via Gift

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Hi5 Youth Foundation will acquire 1.62% of Mastek Limited’s equity shares, representing 500,000 shares, via a gift from Mr. Sundar Radhakrishnan, a promoter of Mastek. This transaction is expected to occur on or after September 19, 2025. Hi5 Youth Foundation will be identified as part of the ‘Promoter and Promoter group’.

Acquisition Details

Hi5 Youth Foundation is set to acquire 500,000 equity shares of Mastek Limited, constituting 1.62% of the company’s total equity. The transfer will be executed as a gift from Mr. Sundar Radhakrishnan without any monetary consideration. The proposed date for this transaction is on or after September 19, 2025.

Parties Involved

The acquirer, Hi5 Youth Foundation, will be classified as part of Mastek’s ‘Promoter and Promoter Group’ post-transaction. This acquisition does not involve any monetary exchange as the shares are being transferred as a gift.

Compliance and Declarations

Both Hi5 Youth Foundation and Mr. Sundar Radhakrishnan have confirmed their compliance with applicable regulations. All necessary disclosures under Chapter V of the Takeover Regulations, 2011, will be met.

Promoter Group Shareholding

Following the acquisition, the total shareholding of the Promoter and Promoter Group will remain at 35.79%. Mr. Sundar Radhakrishnan’s individual holding decreases from 4.22% to 2.60%, while Hi5 Youth Foundation will now hold 1.62%. Other key promoters include Ashank Desai, holding 10.96%, and Girija Ram, holding 5.66%. Data reflects shareholding as of April 7, 2025.

Source: BSE