Cochin Shipyard Limited has announced the appointment of several officials to Senior Management positions, effective September 15, 2025. The promotions recognize the contributions of individuals across various departments, including Technical, Materials, and Ship Repair, and are expected to strengthen the company’s leadership team.

Senior Leadership Changes

Cochin Shipyard Limited has elevated several experienced professionals to the level of General Manager (E7 Level), marking a significant strengthening of its senior management team. These appointments reflect the company’s commitment to recognizing and promoting talent from within its ranks.

Newly Appointed Senior Management

The following individuals have been appointed as Senior Management Personnel:

Shri Sreekumar Raja C A

Designated as General Manager (Technical), Shri Sreekumar Raja C A, aged 57, holds an M.Tech in Power Electricity and brings 33 years of experience to the role. His expertise spans Utilities & Maintenance, Ship Repair Materials, and Project Planning.

Shri A Vettriselvan

Appointed as General Manager (Materials), Shri A Vettriselvan, aged 54, possesses a B.Tech (Mechanical) and an MBA, with approximately 29 years of experience in areas such as Shipbuilding Materials and Steel.

Shri Nagesh Krishna Moorthy

Taking on the role of General Manager (OSD-BD SB), Shri Nagesh Krishna Moorthy, aged 53, is an M.Tech (Mechanical) graduate with about 25 years of experience, particularly in Business Development and IQC.

Shri Sanil Peter

Named General Manager (Ship Repair), Shri Sanil Peter, aged 48, is a B.Tech (Naval and Shipbuilding) graduate with a Diploma in Business Management. He has around 25 years of experience and his expertise includes Ship Design and Ship Repairs.

Shri Jathesh Chandra Gopinathan

Serving as General Manager (Basic Design), Shri Jathesh Chandra Gopinathan, aged 52, holds a B.Tech (Naval and Shipbuilding) degree. He has an experience of nearly 29 years in the fields of Design and Defense Project Management.

Shri Suresh Babu V

Appointed as General Manager (Defence Projects I), Shri Suresh Babu V, aged 58, has B.E (Electrical) qualification with around 34 years of experience. He has expertise in Electrical and Defense Projects.

Shri Anoop Das

Designated as General Manager (QC & T), Shri Anoop Das, aged 52, with an M.Tech (Mechanical) qualification has nearly 26 years of experience. He has expertise in Quality Control and Testing.

Shri Binoj Shankar

Named General Manager (Design), Shri Binoj Shankar, aged 50, holds a B.Tech (Electrical & Electronics) degree and has experience of more than 22 years in Accommodation Outfit and Electrical Design.

Source: BSE

Minda Corporation Limited has announced the issuance and allotment of Commercial Paper aggregating to INR 100 crores. The commercial paper has been listed on National Stock Exchange of India, with a discount rate of 6.30% p.a. The date of issue is September 15, 2025, and the date of redemption is set for December 12, 2025. The face value per security is INR 5,00,000/-.

Commercial Paper Issuance

Minda Corporation Limited has issued and allotted Commercial Paper aggregating to an amount of INR 100 crores. Details of the issuance are as follows:

Key Details of the Commercial Paper

Size of the issue: INR 100 crores
Date of Issue: September 15, 2025
Date of Redemption: December 12, 2025
Face Value per security: INR 5,00,000/-
Discount Rate: 6.30% p.a.

The issued Commercial Paper has been listed on National Stock Exchange of India as of September 15, 2025.

Source: BSE

AIA Engineering has appointed Tushar Vora & Associates as its Secretarial Auditor for a term of five consecutive years, commencing on April 1, 2025. The appointment was approved by shareholders at the company’s 35th Annual General Meeting (AGM). This decision ensures continued compliance and regulatory oversight for the company.

Secretarial Auditor Appointment

AIA Engineering has officially announced the appointment of Tushar Vora & Associates, Company Secretaries, Ahmedabad, as their Secretarial Auditor. This appointment was ratified by shareholders during the 35th AGM.

Term and Effective Date

The tenure for Tushar Vora & Associates begins on April 1, 2025, and will continue for five consecutive years. This long-term appointment aims to provide consistent and reliable secretarial audit services to the company.

About Tushar Vora & Associates

Tushar Vora & Associates is a practicing company secretary firm based in Ahmedabad, known for its extensive experience of over three and a half decades. The firm offers a spectrum of corporate, secretarial, regulatory, and compliance services related to corporate and securities laws.

Source: BSE

AIA Engineering announces the appointment of Udayan Dileep Choksi as an Independent Director, effective September 20, 2025. Shareholders approved the appointment at the company’s 35th Annual General Meeting. Choksi, a Chartered Accountant and Lawyer with 25 years of experience, satisfies the criteria for independence. The appointment is for a five-year term.

Independent Director Appointment

Udayan Dileep Choksi has been appointed as an Independent Director of AIA Engineering for a term of five years, effective September 20, 2025. The shareholders approved this appointment at the 35th Annual General Meeting.

New Director’s Qualifications

Udayan Dileep Choksi is a qualified Chartered Accountant and Lawyer, bringing nearly 25 years of experience to the role. His areas of expertise include GST, pre-GST taxes, Customs, and International Trade.

Choksi’s Background

Mr. Choksi advises multinational corporations and major Indian businesses on tax matters related to business models, supply chains, and contracts. He also assists in investigations and represents clients in tax litigation. He is actively involved in tax policy initiatives and is a member of prominent business and professional chambers. Mr. Choksi is a Partner at Veritas Legal.

Independence Confirmation

The company confirms that Udayan Dileep Choksi meets the criteria for independence and has no relationships with other directors on the Board.

Source: BSE

Maruti Suzuki India Limited (MSIL) has announced the introductory prices for its All-New VICTORIS SUV, starting at ₹ 10,49,900. Sales will commence from 22nd September 2025. The VICTORIS features intelligent technology, hyper-connected features, and is designed for young, ambitious customers with an ‘Always Online’ lifestyle. The SUV is available with various powertrain options, including Strong Hybrid, ALLGRIP Select, S-CNG, and Smart Hybrid.

VICTORIS SUV Price and Features

Maruti Suzuki India Limited (MSIL) has announced introductory prices for the All-New VICTORIS SUV, starting at ₹ 10,49,900. Sales are scheduled to begin on September 22, 2025.

The VICTORIS is equipped with several key features, including:

• ‘Theatre on Wheels’ with an 8-speaker Premium Sound Experience – Infinity* by Harman integrated with Dolby Atmos7^ 5.1 Surround Sound.
• 25.65cm (10.1”) SmartPlay Pro X touchscreen infotainment system featuring in-built apps from App Store with OTA updates and Alexa Auto Voice Al#.
• Smart Powered Tailgate with Gesture Control.
• 1st in-segment Underbody CNG fuel tank design for S-CNG Technology with uncompromised boot space.
• Advanced Level 2 ADAS system offers 10+ intelligent driver-assist features.
• Next-Gen Suzuki Connect Telematics with eCall and 60+ features.

Powertrain and Variants

The VICTORIS is available with versatile powertrain options such as Strong Hybrid, ALLGRIP Select, S-CNG and Smart Hybrid. There is an extensive range of 21 variants and a choice of 10 colour options (3 dual tone and 7 monotone colours).

VICTORIS Price List (Ex-showroom Price in Indian Rupees)

The All-New VICTORIS can also be owned through Maruti Suzuki Subscribe at an all-inclusive monthly subscription fee starting from ₹ 27 707.

Source: BSE

JSW Kolkata Container Terminal has signed a concession agreement with Syama Prasad Mookerjee Port Authority, Kolkata. This agreement, effective from September 15, 2025, grants JSW Kolkata Container the rights to operate and further develop the Kolkata Port for a period of 30 years. The project involves the reconstruction and mechanization of berths, enhancing port infrastructure and operational efficiency.

Kolkata Port Concession Secured

JSW Infrastructure has finalized a significant concession agreement through its subsidiary, JSW Kolkata Container Terminal Private Limited, with the Syama Prasad Mookerjee Port Authority in Kolkata. The agreement was officially signed on September 15, 2025.

Project Details and Scope

This concession grants JSW Kolkata Container Terminal the rights to manage and develop the port facilities for a term of 30 years from the date of the concession award. The project involves the Reconstruction of Berth No. 8 and Mechanization of Berth Nos. 7 and 8 at Netaji Subhash Dock of Kolkata Dock System.

The project will operate on a Design, Build, Finance, Operate and Transfer (DBFOT) basis, indicating a comprehensive upgrade and expansion of the existing port infrastructure. The initial announcement regarding the project was made on July 7, 2025, followed by the incorporation of JSW Kolkata Container Terminal on August 1, 2025.

Operational Impact

This agreement is expected to significantly enhance JSW Infrastructure’s presence in eastern India’s port sector, improving cargo handling capabilities and contributing to regional economic growth. The modernization project promises to increase efficiency and capacity at the Kolkata Port. The project is expected to commence operations soon.

Source: BSE

Bharat Electronics Limited (BEL) has appointed M/s Rao & Emmar, Chartered Accountants, as its statutory auditors for the financial year 2025-26. The appointment, effective from September 15, 2025, follows the standard regulatory procedures for the selection of statutory auditors and ensures compliance with financial oversight requirements.

Appointment of Statutory Auditors

Bharat Electronics Limited (BEL) has announced the appointment of M/s Rao & Emmar, Chartered Accountants, as the company’s statutory auditors. This appointment is for the financial year 2025-26.

Details of the Appointed Firm

M/s Rao & Emmar is a 48-year-old chartered accountancy firm. They have 25 partners and offices in 25 locations. They have a wide array of experience in audit and assurance, taxation, accounting and advisory services, and company law-related matters.

Effective Date

The appointment of M/s Rao & Emmar is effective from September 15, 2025, as per the appointment letter received by BEL.

Source: BSE