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

Glenmark Pharmaceuticals has executed a Business Transfer Agreement for the transfer of its Consumer Care Business to Glenmark Consumer Care Limited, a wholly owned subsidiary. The execution took place on September 15, 2025. The transaction is expected to be completed on or before December 31, 2025, subject to the fulfillment of customary conditions.

Consumer Care Business Transfer

Glenmark Pharmaceuticals has officially announced the execution of a Business Transfer Agreement concerning its Consumer Care Business. The agreement facilitates the transfer to Glenmark Consumer Care Limited, a subsidiary wholly owned by Glenmark Pharmaceuticals.

Key Dates

The Business Transfer Agreement was executed on September 15, 2025. This follows an earlier intimation dated August 14, 2025. The company anticipates the completion of the transaction on or before December 31, 2025. However, the completion is contingent upon the satisfaction of certain customary conditions.

Source: BSE

Container Corporation of India (CONCOR) has announced the appointment of M/s Hem Sandeep & Co., Chartered Accountants, as the Statutory Auditors for the company for the financial year 2025-26. The company has received confirmation of this appointment. This information is intended for stakeholders’ awareness and records.

Statutory Auditor Appointment

Container Corporation of India (CONCOR) has officially appointed M/s Hem Sandeep & Co., Chartered Accountants, as its Statutory Auditors. The appointment covers the financial year 2025-26.

Confirmation Received

CONCOR has received formal confirmation regarding the appointment of M/s Hem Sandeep & Co. as the Statutory Auditors for the specified period, confirming the company’s compliance with auditing requirements for the fiscal year 2025-26. The auditor’s confirmation was received on 15.09.2025.

Source: BSE

IRCTC has announced the re-appointment of M/s N K Bhargava & Co. as its Statutory Auditor for the financial year 2025-26. The re-appointment follows communication from the Comptroller & Auditor General of India (C&AG) on September 12, 2025, and the company received it on September 15, 2025. The decision ensures compliance with statutory requirements.

Statutory Auditor Re-Appointed

IRCTC has officially confirmed the re-appointment of its statutory auditor for the financial year 2025-26. The announcement highlights the continued association with M/s N K Bhargava & Co., Chartered Accountants, as the designated firm overseeing the company’s financial audits.

Details of the Appointment

The re-appointment follows a formal communication received from the Comptroller & Auditor General of India (C&AG). According to the official notice, M/s N K Bhargava & Co. will continue in their role as Statutory Auditor under section 139 of the Companies Act, 2013. The firm has also conveyed their consent to continue acting as the Statutory Auditor for FY 2025-26.

About the Auditor

M/s N. K. Bhargava & Co. is an audit, tax, and consulting firm established in 1978 and headquartered in New Delhi with three branch offices. The firm provides diverse professional services including audit & assurance, financial & business advisory, tax advisory, compliances and litigation, transaction advisory, management and strategy consulting, due diligence, corporate laws advisory and litigation, legal and secretarial compliances, insolvency advisory and India entry strategy.

The firm has experience serving large corporates to start-ups in multiple sectors including power, renewable energy, banking, insurance, telecom, construction, aviation, information technology, social sector, education, e-commerce, engineering and consultancy. The firm holds a valid Peer Review certificate.

Source: BSE

Tejas Networks has appointed Dr. Randhir Thakur as an Additional Director (Non-Executive and Non-Independent), effective September 15, 2025. Dr. Thakur, currently the Chief Executive Officer and Managing Director of Tata Electronics Limited (TEL), brings over 40 years of semiconductor industry experience. The appointment is subject to shareholder approval.

Appointment of Dr. Randhir Thakur

Tejas Networks has announced the appointment of Dr. Randhir Thakur as an Additional Director (Non-Executive and Non-Independent) to its Board, effective September 15, 2025. The decision was made based on the recommendation of the Nomination and Remuneration Committee.

About Dr. Randhir Thakur

Dr. Thakur currently serves as the Chief Executive Officer and Managing Director of Tata Electronics Limited (TEL) since April 2023. He has been on the Board of TEL since April 2021. He brings to Tejas Networks over 40 years of experience in the semiconductor industry, specifically in manufacturing, R&D, and P&L management. He also holds over 300 patents and was named an IEEE Fellow in 2013. He has previously held senior leadership positions at Intel, Applied Materials, SanDisk, Steag Electronic Systems, and Micron Technology.

Terms of Appointment and Shareholder Approval

Dr. Thakur’s appointment is liable to retire by rotation and is subject to the approval of the shareholders of the Company, which will be sought within the timeline specified by the relevant listing regulations.

Educational Background

Dr. Thakur holds a Bachelor’s Degree in Electronics and Telecommunications Engineering from the National Institute of Technology, Kurukshetra. He also holds a Master’s Degree in Electronics Engineering from the University of Saskatchewan and a Ph.D. in Electrical Engineering from the University of Oklahoma.

Source: BSE

Canara Bank has announced that its subsidiary, Canara HSBC Life Insurance Company Limited, has received communication regarding the updated Red Herring Prospectus (UDRHP). The communication, dated September 15, 2025, relates to final observations for filing the UDRHP. This information is provided to the stock exchanges for informational purposes and record-keeping.

Subsidiary Prospectus Update

Canara Bank has informed the stock exchanges about a development concerning its subsidiary, Canara HSBC Life Insurance Company Limited. The bank stated that the subsidiary has received communication regarding the updated Red Herring Prospectus (UDRHP) from authorities.

Details of the Communication

The communication, dated September 15, 2025, pertains to final observations regarding the filing of the updated Red Herring Prospectus (UDRHP). The bank is providing this information to the stock exchanges to keep them informed and for their records.

This update indicates progress in the regulatory processes related to Canara HSBC Life Insurance Company Limited.

Source: BSE

Mangalore Refinery and Petrochemicals Limited (MRPL) has announced the appointment of statutory auditors for the financial year 2025-26. M/s YCRJ & Associates, Chartered Accountants, Mangaluru, and M/s BSJ & Associates, Chartered Accountants, Kannur, have been appointed as the statutory auditors of the company. This decision follows a letter received on September 15, 2025, from the Comptroller and Auditor General of India.

Statutory Auditor Appointments

Mangalore Refinery and Petrochemicals Limited (MRPL) has formally announced the appointment of its statutory auditors for the financial year 2025-26. This decision follows established protocols and guidelines, ensuring compliance and transparency in financial oversight. The official confirmation was received via a letter from the Office of the Comptroller and Auditor General of India, dated September 15, 2025.

Details of Appointed Firms

The appointed firms are M/s YCRJ & Associates, Chartered Accountants, based in Mangaluru, and M/s BSJ & Associates, Chartered Accountants, based in Kannur. M/s YCRJ & Associates, established on March 15, 1995, has 9 branch offices and 17 partners. M/s BSJ & Associates, established in 2004, has 9 offices and 11 partners.

Source: BSE