CreditAccess Grameen has announced the allotment of 3,000 secured, rated, listed, United States Dollar Denominated Non-Convertible Bonds to an identified investor on a private placement basis. The bonds, each with a face value of USD 10,000, amount to a total issuance of USD 30 million. This allotment was approved by the Board’s Executive, Borrowings and Investment Committee on December 24, 2025.

Details of Bond Allotment

CreditAccess Grameen has successfully allotted 3,000 secured, rated, and listed United States Dollar Denominated Non-Convertible Bonds. These bonds were issued on a private placement basis. Each bond has a face value of USD 10,000, bringing the total issue size to USD 30 million.

Key Terms and Details

The bonds are exclusively offered to one identified investor, the BlueOrchard Microfinance Fund, and were fully subscribed. The allotment date is December 24, 2025, and the maturity date is set for December 24, 2030. The coupon rate is 240 basis points plus Term SOFR, determined on the Quotation Day, with payments made semi-annually. The bonds are listed on NSE IFSC Limited (Gift City).

Security and Redemption

The bonds are secured by an exclusive first-ranking and continuing charge on specific loan receivables/book debts. Redemption is structured as partial, on a pro rata basis, as follows:

• December 27, 2028: 750 bonds
• December 24, 2029: 750 bonds
• December 24, 2030: 1,500 bonds

Source: BSE

NBCC (India) Limited has entered into a Memorandum of Understanding (MoU) with the Board of Mumbai Port Authority on December 23, 2025. The MoU pertains to engaging NBCC as the executing agency for the development of a CGO Complex on 25 acres of Mumbai Port’s land with an agency charge of 7% of the project cost (excluding GST). NBCC will act as the Project Management Consultant.

Partnership with Mumbai Port Authority

NBCC (India) Limited has formalized a partnership with the Board of Mumbai Port Authority through a Memorandum of Understanding (MoU) signed on December 23, 2025. This agreement outlines the collaboration for the development of a CGO Complex.

Project Details: CGO Complex Development

The core objective of this MoU is to engage NBCC as the executing agency for a project involving the development of a CGO Complex on 25 acres of land belonging to the Mumbai Port Authority. NBCC will serve as the Project Management Consultant for the project on a turnkey basis.

Financial Arrangement

As per the agreement, NBCC will be entitled to an agency charge of 7% of the total project cost (excluding GST). This charge covers Planning, Designing, Execution and Supervision of various aspects, including:

• CGO Complex
• Iconic building
• Multi-level car parking
• International Convention Centre
• Maintenance of buildings, sheds, wharfs, storage area, and roads

Source: BSE

Supreme Industries has received a repeat order from Bharat Petroleum Corporation Ltd (BPCL) for the supply of approximately 2,00,000 units of 10 KG Composite LPG Cylinders. The total value of the supply is estimated at around Rs. 54 crores. The repeat order contract is valid for 6 months from the date of the Letter of Acceptance (LOA), with a possible extension at BPCL’s discretion.

Repeat Business from Bharat Petroleum

Supreme Industries has announced the receipt of a Letter of Acceptance (LOA) from Bharat Petroleum Corporation Ltd (BPCL) for a repeat order. This order pertains to the supply of Composite LPG Cylinders, building on a previous successful tender.

Details of the Order

The order specifies the supply of approximately 2,00,000 units of 10 Kg Composite LPG Cylinders. This significant volume is valued at approximately Rs. 54 crores, representing a substantial boost to the company’s order book.

Contract Terms

The repeat order contract is set to be valid for an initial period of 6 months from the date of the LOA. There is a provision for a further extension of up to 6 months, subject to the discretion of BPCL.

Nature of the Agreement

The agreement is for the supply of Composite LPG Cylinders, reinforcing Supreme Industries’ role as a key supplier in this sector. The ordering entity is BHARAT PETROLEUM CORPORATION LTD (BPCL), a domestic entity.

Source: BSE

Sterling and Wilson Renewable Energy Limited has received an order from the Assistant Commissioner, CGST, Jaipur, Rajasthan, regarding a mismatch of input tax for the period April 2018 to March 2020. The tax amount totals ₹95.21 lakhs, excluding penalty and applicable interest. The matter is covered under an existing indemnity agreement, and the company is evaluating its next steps.

Details of Tax Order

Sterling and Wilson Renewable Energy Limited has been notified about an order concerning a mismatch related to input tax. The order was issued by the Assistant Commissioner, CGST, Jaipur, Rajasthan.

Financial Impact

The mismatch in input tax pertains to the period from April 2018 to March 2020. The aggregate amount of tax involved is ₹95.21 lakhs, not including any potential penalties and applicable interest. This amount is subject to review and further clarification.

Indemnity Agreement

The company clarifies that this matter is covered under an existing indemnity agreement involving Sterling and Wilson Renewable Energy Limited, Reliance New Energy Limited, Shapoorji Pallonji and Co. Private Limited, and Mr. Khurshed Daruvala.

Next Steps

Sterling and Wilson Renewable Energy Limited is currently evaluating the order and determining the appropriate course of action. Further updates will be provided as the situation develops.

Source: BSE

Sterling and Wilson Renewable Energy Limited reports that an order has been issued regarding a shortfall of taxes by the Assistant Commissioner, CGST, Jaipur, Rajasthan. The order pertains to the period from April 2018 to March 2019, and aggregates to approximately INR 23.65 Lakhs, excluding penalty and applicable interest. The company is currently evaluating the order.

Tax Shortfall Order

Sterling and Wilson Renewable Energy Limited has received an order from the Assistant Commissioner, CGST, Jaipur, Rajasthan, concerning a shortfall of taxes. The order was issued on December 22, 2025, and officially received by the company on December 23, 2025.

Financial Details

The order relates to the period from April 2018 to March 2019. The total tax shortfall is approximately INR 23.65 Lakhs. This figure excludes any potential penalties and applicable interest. It is covered under an existing indemnity agreement.

Company Response

The company is currently evaluating the order and determining the appropriate course of action. This evaluation process is ongoing, with updates to follow as decisions are made regarding the matter.

Source: BSE

JK Cement has been declared the ‘Preferred Bidder’ for the mining lease of the Kishanpura Limestone Block in Rajasthan. The block, located in Tehsil Deh and Nagaur, District Nagaur, spans 483 hectares and has G3 level of exploration. The Company received the information on December 23, 2025. The information will be available on the company website.

Kishanpura Limestone Block Secured

JK Cement has successfully secured the rights as the ‘Preferred Bidder’ for the mining lease of the Kishanpura Limestone Block. This block is located in Rajasthan, specifically within Tehsil Deh and Nagaur in District Nagaur.

Block Details and Exploration

The Kishanpura Limestone Block spans an area of 483 hectares and has a G3 level of exploration. The company received official confirmation of this on December 23, 2025, at around 7.30 PM (IST).

Website Disclosure

Further details about this development will be available on the company’s website at www.jkcement.com.

Source: BSE

LT Foods is expanding its supply chain for regional rice varieties in India with a new manufacturing facility in Raichur, Karnataka. The facility will focus on Sona Masoori and Kolam rice, aiming to strengthen the company’s value chain in South India. Production is expected to start around February 2, 2026, with an initial capacity of 30,000 metric tonnes per annum.

Regional Rice Expansion

LT Foods Ltd. has announced a new manufacturing facility in Raichur, Karnataka, dedicated to producing regional rice varieties, including Sona Masoori and Kolam. This initiative underscores the company’s commitment to fortifying its supply chain for South Indian rice preferences and capitalizing on the rapidly formalizing regional rice market. The announcement was made on December 24, 2025.

Facility Details and Production

The new facility is projected to have an initial production capacity of 30,000 metric tonnes per annum. Commercial operations are anticipated to begin around February 2, 2026, pending necessary regulatory approvals. The project involves a capital expenditure of Rs. 6 crore, funded internally.

Strategic Rationale

According to Mr. Ritesh Arora, CEO – India Business & Far East, LT Foods Ltd., this move strategically enhances the company’s regional rice business in India. The focus on varieties such as Sona Masoori and Kolam, known for strong consumer relevance, aims to strengthen the value chain from sourcing to delivery.

Source: BSE

Sarda Energy has infused a further sum of ₹ 48,22,78,100 in its wholly-owned subsidiary, Sarda Energy Limited (SEL). This investment is for acquiring 2,83,693 equity shares at a premium of ₹ 1,690 per share by subscribing the Rights Issue. The object of the fund infusion is to reduce SEL’s loan and for day-to-day operational activities.

Investment Details

Sarda Energy has invested a further ₹ 48,22,78,100 in Sarda Energy Limited, its wholly owned subsidiary. This investment involves acquiring 2,83,693 equity shares, each with a face value of ₹ 10, at a premium of ₹ 1,690 per share. This was executed via the Rights Issue of Sarda Energy Limited.

Purpose of Investment

The infusion of funds aims to reduce the loan burden of Sarda Energy Limited and to support its day-to-day operational activities. Sarda Energy Limited operates in the renewable energy business.

Sarda Energy Limited Overview

Sarda Energy Limited is a wholly-owned subsidiary of Sarda Energy. Incorporated on April 22, 2008, it is primarily involved in the renewable energy sector. The company’s financial performance over the last three years is as follows:

• 2024-25: Total Revenue – ₹ 18.49 crore
• 2023-24: Total Revenue – ₹ 14.28 crore
• 2022-23: Total Revenue – ₹ 15.04 crore

Source: BSE