TBO Tek Limited has released an investor presentation detailing the company’s position within the global travel market. The presentation highlights key industry trends, TBO’s strategic advantages, and recent performance metrics. TBO is now among the top four global B2B travel distributors. The company reported ₹8,119 Cr in GTV for Q1’FY26, with revenue reaching ₹511 Cr.

Global Travel Market Overview

The presentation emphasizes the growing global outbound travel market, particularly within the premium segment. The global travel market is valued at approximately US $1.9 trillion. The premium outbound travel market is estimated at US $912 billion. The company aims to capitalize on this expansion through its technology platform.

TBO’s Strengths and Strategy

TBO Tek is focusing on the premium outbound travel segment. TBO’s technology platform connects travel buyers and suppliers globally. The company’s platform offers real-time access to a global travel inventory of over 1 Million+ hotels and 750+ airlines. TBO reported 30,000+ destinations sold. The platform supports 16 languages and facilitates transactions in various local currencies.

Financial Performance

The investor presentation included details on recent financial performance. For Q1’FY26, TBO Tek reported GTV of ₹8,119 Cr, a 2% YoY growth. Revenue reached ₹511 Cr. The number of active agents reached 39,030, a +10% increase and active bookers reached 50,369, a +12% increase.

Strategic Vectors for Growth

The company highlighted several strategic vectors for future growth, including expanding into new geographies, growing buyer segments, and diversifying its lines of revenue through new product lines.

Source: BSE

Zee Entertainment Enterprises Limited announced the resignation of Mr. Samrat Ghosh from his position as Chief Cluster Officer – East, North & Premium Cluster, effective September 15, 2025. Mr. Ghosh resigned due to personal reasons. The company expressed gratitude for Mr. Ghosh’s contributions and wished him success in his future endeavors.

Key Management Change

Mr. Samrat Ghosh has resigned from his position as Chief Cluster Officer – East, North & Premium Cluster at Zee Entertainment Enterprises Limited, effective September 15, 2025. The resignation is due to personal reasons.

Acknowledgement of Contribution

Zee Entertainment acknowledged Mr. Ghosh’s contributions to the company and expressed their best wishes for his future endeavors.

Source: BSE

Multi Commodity Exchange (MCX) has announced the appointment of Mr. Baiju V. Budhwani as the Head of Department – Inspection and Audit, effective September 15, 2025. Mr. Budhwani will also serve as a Key Managerial Personnel. He brings over 24 years of experience in regulatory compliance and risk management.

Leadership Change at MCX

The Multi Commodity Exchange (MCX) has appointed Mr. Baiju V. Budhwani as Head of Department – Inspection and Audit, effective September 15, 2025. He will also take on the role of Key Managerial Personnel within the organization.

Experience and Expertise

Mr. Budhwani has extensive experience, with over 24 years in Regulatory Compliance, Operational Risk Management, Internal Audit/Controls, and Stakeholder & Regulatory liaison.

Previous Roles

Prior to joining MCX, Mr. Budhwani served as Vice President – Internal Controls and Compliance Officer at Axis Securities Ltd. He also brings experience from companies such as Vodafone Idea Ltd, Vodafone M-Pesa Ltd., HDFC Securities Ltd., and Aneja Associates.

Educational Background

Mr. Budhwani holds a Master’s degree in Management Studies in Finance, a Bachelor of Law (LLB), and a Bachelor of Commerce degree.

Source: BSE

Multi Commodity Exchange (MCX) has announced the appointment of Ms. Kavita Shrivastav as Chief Human Resources Officer, effective September 15, 2025. She will also serve as a Key Managerial Personnel. Ms. Shrivastav brings 23 years of experience across Fintech, Financial Services, Retail, and F&B sectors, previously working with Hitachi Payment Services and other large conglomerates.

New Leadership Announcement

Multi Commodity Exchange of India (MCX) is pleased to announce the appointment of Ms. Kavita Shrivastav to the position of Chief Human Resources Officer. The appointment takes effect on September 15, 2025. Ms. Shrivastav will also hold the role of Key Managerial Personnel within the organization.

Professional Background

Ms. Shrivastav holds an MBA Degree in Human Resources and has also completed the Strategic Human Resource course from IIM, Ahmedabad. She brings with her approximately 23 years of professional experience. Her expertise extends across a range of sectors including Fintech, Financial Services, Retail, and F&B.

Prior Experience

Before joining MCX, Ms. Shrivastav served as Director – Human Resources at Hitachi Payment Services. She also has experience working with Piramal Capital, Tata Capital, and Raymond Limited.

Source: BSE

Karur Vysya Bank (KVB) announced its participation in the “BFSI yatra” Investors Conference, a physical group meet organized by ICICI securities. The conference is scheduled to take place on September 19, 2025, in Chennai. During the event, the bank will utilize publicly available documents for discussions, with no unpublished price-sensitive information (UPSI) expected to be shared.

Investors Conference Participation

Karur Vysya Bank (KVB) will be participating in the “BFSI yatra” Investors Conference, scheduled for September 19, 2025. The event is a physical, group meet being organized by ICICI securities in Chennai.

Information Disclosure

During the conference, KVB intends to use only publicly accessible documents for discussions. The bank has confirmed that no unpublished price-sensitive information (UPSI) or any other confidential material will be disclosed during interactions at the conference.

Conference Details

The “BFSI yatra” Investors Conference will provide an opportunity for investors and analysts to interact with the management of Karur Vysya Bank.

Source: BSE

ACC Limited announces the conclusion of Mr. A K Anand’s tenure as the Nominee Director of Life Insurance Corporation of India (LIC), effective September 15, 2025. This follows the completion of his term, as communicated in a letter from LIC dated August 28, 2025. Mr. Anand’s role ended at the close of business hours on the specified date.

Nominee Director Transition

Mr. A K Anand’s tenure as the Nominee Director representing the Life Insurance Corporation of India (LIC) on the Board of ACC Limited has officially ended on September 15, 2025. This change is based on the completion of his term, as per the official communication received from LIC on August 28, 2025.

Details of the Change

The cessation of Mr. Anand’s role was effective from the close of business hours on September 15, 2025. The company has confirmed that further details and related documents are available on its website.

Source: BSE

IRCON International Limited announces the successful commissioning of additional capacity at its Ircon Renewable Power Limited (IRPL) plant. An additional 100 MW (Lot-6) has been added, bringing the cumulative capacity to 400 MW out of a total 500 MW plant. IRPL is a 76% JV-Subsidiary of IRCON. This marks a significant step in IRCON’s renewable energy initiatives.

Renewable Energy Milestone

IRCON International Limited has announced a significant achievement in its renewable energy sector. The Ircon Renewable Power Limited (IRPL), a 76% JV-Subsidiary, has successfully commissioned an additional part capacity to its existing power plant.

Capacity Expansion Details

The newly commissioned capacity is 100 MW (Lot-6), increasing the total commissioned capacity to 400 MW. This addition is part of a larger 500 MW plant capacity. The announcement, dated September 15, 2025, reinforces IRCON’s commitment to expanding its footprint in the renewable energy sector.

Source: BSE

The Board of Directors of Bajaj Finserv approved amendments to the ‘Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information’ during their meeting on September 15, 2025. The revised Fair Disclosure Code will be available on the company website, and the company requested that the amended code be taken on record.

Fair Disclosure Code Amendment

The Board of Directors at Bajaj Finserv has officially approved changes to its internal policies. During a meeting held on September 15, 2025, the board approved amendments to the ‘Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information’ (Fair Disclosure Code).

Key Elements of the Fair Disclosure Code

The Fair Disclosure Code is designed to ensure prompt and consistent public disclosure of any information that could impact price discovery. The goal is to ensure that all information is generally available on a non-discriminatory basis. Key tenets of the code include:

• Ensuring uniform dissemination of information to avoid selective disclosure.
• Compliance Officer acting as Chief Investor Relations Officer (CIRO).
• Appropriate response to market rumors and news queries.
• Ensuring information shared with analysts is not Unpublished Price Sensitive Information (UPSI).

Legitimate Purposes for Information Sharing

The policy outlines the term “legitimate purposes” for sharing UPSI, clarifying that it includes sharing information with partners, collaborators, lenders, customers, suppliers, merchant bankers, legal advisors, auditors, insolvency professionals, and other advisors. However, such sharing must not be carried out to evade prohibitions under insider trading regulations.

Principles for Determining Legitimate Purpose

Key principles guide decisions on whether sharing UPSI is legitimate:

1. The person seeking information must have authority.
2. The person providing information must have authority.
3. The purpose for which information is sought must be disclosed.
4. Information should only be shared if it is necessary for the purpose.
5. The information should not be conditional or qualified.
6. Sharing should be consistent with regulatory requirements and past practices.

Maintenance and Review

Bajaj Finserv will maintain a structured digital database of individuals with whom UPSI is shared, including their Permanent Account Numbers. The policy is subject to periodic review to ensure it remains compliant with evolving regulatory requirements.

Source: BSE

Lemon Tree Hotels has signed a license agreement for a new Lemon Tree Hotel in Gaya, Bihar. The property, managed by Carnation Hotels Private Limited, will feature 56 well-appointed rooms, restaurants, a banquet, a meeting room, and various amenities. This addition strengthens Lemon Tree’s presence in Bihar and aligns with its expansion strategy, offering guests comfortable lodging options in a key location.

New Location Secured

Lemon Tree Hotels has announced the signing of a license agreement for a new property: Lemon Tree Hotel, Gaya, Bihar. The announcement was made on September 15, 2025. The hotel will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited.

Hotel Features

The new Lemon Tree Hotel in Gaya will feature 56 well-appointed rooms. It will also include restaurants, a banquet hall, a meeting room, a swimming pool, a fitness center, and a spa, along with other public areas. The location is conveniently situated approximately 14 kms from the Bodhgaya Airport and about 6 kms from the Gaya Railway Station.

Strategic Expansion

Kapil Sharma, Executive Vice President – Finance & Chief Financial Officer of Lemon Tree Hotels, stated that this signing will further enhance the company’s footprint in Bihar. He added that the expansion aligns with the company’s strategy to expand its brand across the country and provide guests with comfortable options.

Lemon Tree Hotels Overview

Lemon Tree Hotels Limited (LTHL) operates over 110 hotels across 75+ cities in India and abroad, with over 110 upcoming properties. The company offers a range of brands, including Aurika Hotels & Resorts and Lemon Tree Premier, catering to diverse traveller segments.

Source: BSE

UPL has received ₹1,671.79 crore, representing approximately 99% of the total amount due on the Second and Final Call, for 9,27,15,506 partly paid-up equity shares. The company fixed August 1, 2025, as the record date for this payment. Fully paid-up equity shares of ₹2 each are now available for trading, effective September 16, 2025.

Second and Final Call Money Received

UPL Limited announced the successful receipt of the Second and Final Call money related to its partly paid-up equity shares. The company received a substantial amount, marking a significant milestone in its financial operations.

Key Dates and Figures

The record date for the payment was August 1, 2025. The total amount received is ₹1,671.79 crore, which accounts for approximately 99% of the total amount due on the Second and Final Call. This covers 9,27,15,506 partly paid-up equity shares.

Trading Availability

Following the completion of necessary corporate actions, the company’s equity shares with a face value of ₹2 each are now fully paid-up and available for trading on the Stock Exchanges starting September 16, 2025. The ISIN is INE628A01036.

Source: BSE