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Indian Bank: Interest Payment Confirmation on Long Term Infrastructure Bonds

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Indian Bank has confirmed the successful payment of interest on its Long Term Infrastructure Bonds Series I (ISIN – INE562A08099) due on September 15, 2025. The interest payment, amounting to Rs.362,00,00,000/-, was made to the bondholders. This announcement assures investors of the bank’s commitment to fulfilling its financial obligations related to its debt securities.

Interest Payment on Debt Securities

Indian Bank confirms that the interest payment for Long Term Infrastructure Bonds Series I (ISIN – INE562A08099) has been successfully completed. The payment was due on September 15, 2025. This reflects the bank’s adherence to its financial commitments regarding debt securities.

Details of Interest Payment

The key details of the interest payment are as follows:

  • ISIN: INE562A08099
  • Issue Size: Rs.5000 Crore
  • Interest Amount Paid: Rs.362,00,00,000/-
  • Payment Frequency: Annually
  • Interest Payment Record Date: 29.08.2025
  • Due Date for Interest Payment: 15.09.2025
  • Actual Date of Payment: 15.09.2025

Timely Payment Clarification

The original due date for the interest payment was September 13, 2025, a Saturday (holiday). Since September 14, 2025 was a Sunday, the interest was paid on the subsequent business day, September 15, 2025, without any additional interest, according to the offer document’s terms.

Source: BSE

[NHPC Limited]: Appointment of Joint Statutory Auditors for FY 2025-26

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NHPC Limited has announced the appointment of its Joint Statutory Auditors for the financial year 2025-26. The firms of Chartered Accountants that served as Joint Statutory Auditors for the previous year will continue in their roles. This appointment ensures the audit of both standalone and consolidated financial statements for the company.

Auditor Appointments

NHPC Limited has appointed its Joint Statutory Auditors for the financial year 2025-26. The following firms of Chartered Accountants have been appointed:

  • M/s S N Dhawan & Co. LLP, New Delhi
  • M/s S Jaykishan, Kolkata
  • M/s Dharam Raj & Co., Jammu

Scope of Audit

These Joint Statutory Auditors will also audit the Consolidated Financial Statements of the Company. The appointments adhere to the guidelines set forth in the Companies Act, 2013. Profiles for each auditor have been provided below.

About S.N. Dhawan & Co LLP

S.N. Dhawan & CO LLP, established in 1944, is a Chartered Accountancy firm in India with experience in sectors including Manufacturing, Retail, Power, FMCG, Real Estate, Construction, Infrastructure, IT and Engineering. The firm is registered with the Comptroller and Auditor General of India and the Reserve Bank of India for audits of public sector undertakings and Banks.

About S Jaykishan

S Jaykishan has been a financial partner for corporates, banks, and government institutions for five decades. They specialize in Assurance, Taxation, Risk Management, Forensic Investigations, and Business Advisory.

About Dharam Raj & Co.

Dharam Raj & Co. has 28 years of experience in sectors including Banking, Public Sector Undertaking, Power and energy, Oil and Gas, healthcare, textiles, insurance, Infrastructure, Telecom, Tourism, Construction, and Technology. The firm is registered with the Comptroller and Auditor General of India and the Reserve Bank of India for audits of large public sector undertakings & Banks.

Source: BSE

Zydus Lifesciences: ZyVet Launches Generics for Canine Urinary Incontinence & Heart Care

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Zydus Lifesciences’ animal health division, ZyVet, has launched the first FDA-approved generic treatment for canine urinary incontinence and an affordable generic version of Furosemide tablets for long-term heart care in dogs and cats. These launches underscore ZyVet’s mission to provide trusted, high-quality, and cost-effective therapies to veterinary professionals.

Expanding Affordable Veterinary Treatments

ZyVet Animal Health, a division of Zydus Lifesciences, has introduced two new generic medications aimed at improving the accessibility and affordability of veterinary treatments. The new offerings include treatments for canine urinary incontinence and long-term heart care for dogs and cats.

First Generic for Canine Urinary Incontinence

ZyVet has launched the first FDA-approved generic of phenylpropanolamine hydrochloride tablets, a trusted treatment for managing urinary incontinence in dogs. This medication addresses urethral sphincter hypotonus, a common issue in spayed females and aging dogs, offering reliable symptom relief and supporting client compliance. The product is available in multiple strengths for precise dosing.

Affordable Furosemide Tablets for Heart Care

The company also introduced affordable Furosemide tablets, a generic version of a trusted diuretic for dogs and cats needing long-term heart care. This medication supports the reduction of edema and pulmonary congestion due to cardiac, renal, or systemic disease. It provides veterinarians a consistent, cost-effective solution without compromising dosing flexibility or product availability.

ZyVet’s Commitment to Affordable Innovation

These launches reinforce ZyVet’s commitment to providing affordable innovation to the veterinary market, ensuring that high-quality treatments are accessible to more pet owners. Punit Patel, President and CEO, Zydus Americas, emphasized that the company is proud to offer options that remove cost as a barrier to compassionate care.

Driving Paradigm Shift in the Industry

ZyVet’s expansion reinforces that generic animal health products are as effective as pioneer brands. ZyVet benefits from more than 70 years of pharmaceutical R&D, Regulatory, QA/QC, manufacturing scale, excellence and expertise.

Source: BSE

WAAREE Energies: Singapore Subsidiary Struck Off

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WAAREE Energies announces that its wholly-owned subsidiary, Rasila International Pte Ltd, incorporated in Singapore, has been struck off from the Accounting & Corporate Regulatory Authority effective August 09, 2025. Consequently, Rasila International Pte Ltd has ceased to be a subsidiary. The company has provided details as per stipulated regulations, confirming compliance. The subsidiary was a dormant entity, with no financial impact.

Singapore Subsidiary Closure

WAAREE Energies Ltd. has announced the cessation of operations for its wholly-owned subsidiary, Rasila International Pte Ltd, based in Singapore. The subsidiary was officially struck off from the records of the Accounting & Corporate Regulatory Authority on August 09, 2025.

Details of the Closure

Rasila International Pte Ltd. was a dormant entity, and its closure has minimal impact on WAAREE Energies. There were no transactions or ongoing projects associated with the subsidiary at the time of closure. The subsidiary contributed no turnover, revenue, income, or net worth in the last financial year (2024-25). The effective date of this change is August 09, 2025.

Compliance Information

WAAREE Energies has confirmed that the closure of Rasila International Pte Ltd complies with all regulatory requirements. The company has provided the necessary disclosures and affirms that the transaction does not involve any related parties or require special considerations.

Source: BSE

NLC India: Achieves Prestigious International Project Management Certification

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NLC India Limited (NLCIL) has been awarded the International Project Management Association (IPMA) Delta Certification – Level 3 (Standardized). NLCIL becomes the first Central Public Sector Enterprise (CPSE) in India to achieve this recognition. The certification reflects the company’s maturity in project, program, and portfolio management, reinforcing its commitment to transparency and innovation.

International Recognition for Project Management Maturity

NLC India Limited (NLCIL) has achieved the prestigious International Project Management Association (IPMA) Delta Certification, attaining Level 3 (Standardized). This award highlights NLCIL’s excellence and maturity in managing projects, programs, and portfolios.

Commitment to Excellence and Global Standards

NLCIL’s achievement reflects its dedication to transparency, accountability, and innovation, aligning its operations with global project management standards. This accomplishment is a significant milestone, demonstrating the company’s ability to execute projects with both excellence and sustainability.

Benefits for Stakeholders

This certification reinforces the confidence of NLCIL’s stakeholders. It showcases the company’s commitment to delivering high-quality projects, setting a benchmark for global standards in the sector.

Source: BSE

HUDCO: Shri Baldeo Purushartha Re-appointed as Government Nominee Director

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HUDCO announces the re-appointment of Shri Baldeo Purushartha as Government Nominee Director. The tenure of Shri Baldeo Purushartha as Government Nominee Director (Additional Director) ended on September 15, 2025. The Board of Directors approved his re-appointment with immediate effect through a resolution passed on September 15, 2025. He is Joint Secretary, Infrastructure Policy and Planning Division, Department of Economic Affairs.

Government Nominee Director Re-appointed

HUDCO has re-appointed Shri Baldeo Purushartha as Government Nominee Director, effective September 15, 2025. His previous tenure as Government Nominee Director (Additional Director) concluded on the same date, which marked the 55th Annual General Meeting of the company.

Details of the Re-Appointment

The decision for re-appointment was formalized through a resolution passed by the Board of Directors on September 15, 2025. Shri Baldeo Purushartha (DIN: 07570116) currently serves as Joint Secretary, Infrastructure Policy and Planning Division, Department of Economic Affairs.

Additional Information

Shri Baldeo Purushartha does not hold any shares in HUDCO and is not inter-se related with other directors on the Board. He is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

Brief Profile

Mr. Purushartha is a 2002 batch Indian Administrative Service (IAS) officer of Punjab cadre. He has served in various field and secretariat positions in the Government of Punjab and the Government of India. At present, he is working as Joint Secretary in the Department of Economic Affairs, Ministry of Finance, Government of India. He also represents the Government of India on the Board of many Central Public Sector Enterprises. He has received award from the Hon’ble Prime Minister for making Chandigarh, the first Million Plus ODF city.

He represents the Government of India on the Board of Indian Railway Station Development Corporation Ltd, Indian Railway Finance Corporation Ltd., National Investment and Infrastructure Fund Trustee Limited and National Land Monetisation Corporation Limited.

Mr. Purushartha holds Post Graduate degree from the University of Delhi, India. As Joint Secretary, DEA, he has contributed to and shaped various books on PPP in infrastructure, namely, Reference Guide for setting up State PPP Units; Reference Guide for PPP Project Appraisal; Reference Guide for Project Implementation Mode Selection – Waterfall Framework; Transaction Advisors for PPP Projects: Manual for use of the Panel, etc. He has also written many articles on Infrastructure & PPP in various magazines.

Source: BSE

Asahi India Glass: Approves QIP Issue at ₹844.79 Floor Price

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Asahi India Glass has announced the approval for a Qualified Institutional Placement (QIP) of its equity shares. The board approved a floor price of ₹844.79 per share. The QIP issue opened today, September 15, 2025. The company may offer a discount of up to 5% on the floor price. The issue price will be determined in consultation with lead managers.

QIP Issue Details

Asahi India Glass (AIS) has announced a Qualified Institutional Placement (QIP) of its equity shares. The decision was made following a meeting of the LTP Committee today, September 15, 2025. This follows previous approvals from the Board of Directors on January 29, 2025, and shareholders on March 15, 2025.

Key Approvals and Dates

The LTP Committee has approved the preliminary placement document dated September 15, 2025. They also approved the floor price for the issue, set at ₹844.79 per Equity Share. The issue officially opened today, September 15, 2025.

Pricing and Discount

According to the announcement, the company may offer a discount of no more than 5% on the floor price. The final issue price will be determined in consultation with the lead managers appointed for the QIP.

Trading Window Closure

The trading window will be closed with immediate effect until September 18, 2025, for the purpose of this QIP issue.

Source: BSE

Union Bank of India: Timely Interest Payment on Bonds

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Union Bank of India confirms the timely payment of annual interest on its bonds as of September 15, 2025. The interest, amounting to ₹95,00,00,000/-, has been paid to bondholders. The interest payment record date was August 31, 2025. This announcement ensures transparency and compliance in accordance with listing regulations.

Interest Payment Confirmation

Union Bank of India has announced the successful and timely payment of annual interest on its bonds. The payment was officially made on September 15, 2025, ensuring compliance and providing clarity to investors.

Key Details of the Interest Payment

Here are the key details regarding the interest payment:

The ISIN is INE692A08029.

The issue size is Rs. 1,000 Crores.

The interest amount paid on the due date is Rs. 95,00,00,000/-.

The payment frequency is Yearly.

The interest payment record date was 31.08.2025.

The due date for interest payment was 15.09.2025 and the actual date for payment was also 15.09.2025.

The date of last interest payment was 16.09.2024.

Source: BSE

APL Apollo: Neeru Abrol Completes Tenure as Independent Director

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Ms. Neeru Abrol has completed her second term as an Independent Director at APL Apollo, effective September 15, 2025. She served two consecutive five-year terms. The Board expressed its gratitude for her contributions to the company during her tenure. Further details are available in the company’s official statement.

Independent Director Transition

APL Apollo Tubes Limited announced that Ms. Neeru Abrol (DIN: 01279485) has completed her tenure as a Non-Executive – Independent Director. Her departure took effect on September 15, 2025.

Tenure Details

Ms. Abrol concluded her second term of five (5) consecutive years as an Independent Director during the 40th Annual General Meeting held on September 15, 2025. Following this meeting, she ceased to be an Independent Director.

Board’s Appreciation

The Board members conveyed their appreciation for Ms. Abrol’s contributions to the company during her service. They expressed sincere gratitude for her tenure on the Board.

Source: BSE

SRF Limited: Varun Kapoor Resigns as Vice President, Strategy & New Initiatives

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Varun Kapoor has resigned from his position as Vice President, Strategy and New Initiatives at SRF Limited, effective at the close of business hours on September 15, 2025. Kapoor’s cessation concludes his tenure as a Senior Management Personnel within the company, marking a change in leadership for strategic initiatives. The resignation was tendered on July 9, 2025.

Leadership Transition

SRF Limited announced the resignation of Varun Kapoor from his role as Vice President, Strategy and New Initiatives. The resignation takes effect at the close of business hours on September 15, 2025. With his departure, Kapoor will no longer be a Senior Management Personnel of the company.

Reason for Departure

Kapoor tendered his resignation on July 9, 2025, signaling a change in leadership within SRF’s strategic division. This decision leads to an adjustment in the organizational structure, impacting the strategic planning and new initiative development within the company. SRF Limited has acknowledged his contribution during his tenure.

Effective Date

The effective date of cessation is set for September 15, 2025. This marks the end of Varun Kapoor’s role as Vice President, Strategy and New Initiatives. The company is expected to announce plans for filling this role in the near future.

Source: BSE