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KIMS Hospitals: Commences Operations at New Bengaluru Hospital

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KIMS Hospitals has announced the commencement of operations at its new hospital in Mahadevapura, Bengaluru. The state-of-the-art facility is a 450-bedded, multi-specialty tertiary care hospital equipped with over 35 medical and surgical specialties, 120+ advanced ICU beds, and more than 100 dedicated OPD beds. This expansion marks KIMS Hospitals’ entry into the Bengaluru region.

Bengaluru Hospital Launch

KIMS Hospitals has formally commenced operations at its new hospital in Mahadevapura, Bengaluru. This marks a significant milestone for the company as it expands its footprint into a new region.

Facility Details

The new facility is a 450-bedded, multi-specialty tertiary care hospital, designed to provide comprehensive medical services. It features:

  • Over 35 medical and surgical specialties
  • 120+ advanced ICU beds
  • More than 100 dedicated OPD (Outpatient Department) beds

The hospital is equipped to cater to both critical and routine healthcare needs.

Strategic Significance

This expansion signifies KIMS Hospitals’ commitment to delivering high-quality healthcare services and marks its first foray into the Bengaluru region. The hospital aims to provide accessible healthcare services to the community.

Source: BSE

Piramal Enterprises: Analyst Meeting Schedule and Investor Presentation

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Piramal Enterprises Limited (PEL) has announced the schedule for an upcoming analyst and institutional investor meeting. The meeting, a Nomura Roadshow, is scheduled for September 18th – 19th, 2025, in Tokyo. The corporation has also provided an investor presentation to be discussed during this conference.

Strategic Investor Engagement

Piramal Enterprises is actively engaging with analysts and institutional investors through a scheduled meeting in Tokyo. This strategic interaction provides a platform to discuss the company’s performance, strategy, and future outlook.

Meeting Details

The analyst/institutional investor meeting is scheduled for September 18th – 19th, 2025. The meeting is a Nomura Roadshow (‘NDR’) and is intended for an investor group.

Venue: Tokyo

Note: The provided schedule is subject to change due to potential exigencies on the part of the investors or the company.

Financial Highlights

As of March 2025:

  • Consolidated AUM: ₹80,689cr
  • Growth Biz AUM: ₹73,769cr

Retail Lending Growth

  • Retail AUM: INR 69,005 Cr (up 37% YoY)
  • Mortgages AUM: INR 47,101 Cr (up 38% YoY, 68% of retail AUM)

Asset Quality

  • Consol. GNPA: 2.8%
  • Consol. NNPA: 1.9%

Key Strategies

  • Branch-led sourcing with consistent productivity.
  • Data-driven underwriting capabilities.
  • Tech-integrated “High Tech / High Touch” model.

Source: BSE

Gujarat Pipavav Port: Clarification on Recent Volume Increase

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Gujarat Pipavav Port Limited has addressed an inquiry regarding a significant increase in trading volume. The company stated that it possesses no undisclosed information or pending updates that would account for this activity. They are unaware of specific reasons for the increased volume across exchanges. This announcement is dated September 15, 2025.

Response to Volume Surge Inquiry

Gujarat Pipavav Port Limited has responded to an exchange query concerning a noticeable increase in the volume of its security trading. The company’s official statement, issued on September 15, 2025, confirms that they are currently not in possession of any non-public information that would explain this surge.

No Undisclosed Information

The company clarified that it is not withholding any updates or information which could potentially clarify the trading volume changes. The announcement reiterates the company’s commitment to transparency and adherence to standard disclosure protocols. Gujarat Pipavav Port Limited remains unaware of any specific factors driving the increased trading activity across various exchanges.

Source: BSE

Indian Energy Exchange: PPFAS Mutual Fund Increases Stake

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PPFAS Mutual Fund, along with persons acting in concert, has increased its stake in Indian Energy Exchange (IEX). The acquisition involved the purchase of additional shares, resulting in a total holding of 8,19,19,825 shares, which represents 9.19% of the company’s total share/voting capital. This transaction was completed on September 10, 2025, through open market purchases.

PPFAS Mutual Fund Increases Holding in IEX

PPFAS Mutual Fund has increased its stake in Indian Energy Exchange Limited (IEX) through open market purchases. The acquisition was completed on September 10, 2025.

Details of the Acquisition

Prior to the acquisition, PPFAS Mutual Fund held 8,09,28,741 shares, representing 9.08% of the total share/voting capital. Following the purchase of an additional 9,91,084 shares, the total holding now stands at 8,19,19,825 shares, equivalent to 9.19% of the total share/voting capital.

Impact on Share Capital

The equity share capital of IEX before and after the acquisition remains the same at Rs. 89,16,92,735, consisting of 89,16,92,735 shares with a face value of Re. 1 per share. The total diluted share/voting capital after the acquisition also remains unchanged at Rs. 89,16,92,735.

Source: BSE

[Bajaj Housing Finance]: Approves Amendment to Fair Disclosure Code

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Bajaj Housing Finance has announced the approval of an amendment to its ‘Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information’. The amendment was approved by the Board of Directors on September 15, 2025. The revised code is available on the company’s website, aiming to ensure transparent and equitable dissemination of price-sensitive information.

Fair Disclosure Code Amendment

On September 15, 2025, the Board of Directors of Bajaj Housing Finance approved an amendment to its ‘Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information’ (the Code).

Availability of the Code

The amended Code is hosted on the company’s website for public access and transparency:

https://www.bajajhousingfinance.in/policies-and-documents

Purpose of the Amendment

The amendment aims to update and reinforce the company’s practices and procedures for ensuring fair and transparent disclosure of unpublished price-sensitive information, aligning with the company’s commitment to maintaining high standards of corporate governance.

Key Aspects of the Code

The Code encompasses several key aspects, including:

  • Ensuring prompt and uniform public disclosure of Unpublished Price Sensitive Information (UPSI).
  • Maintaining a digital database of individuals with whom UPSI is shared.
  • Principles for determining what constitutes a legitimate purpose for sharing information.
  • Processes for sharing UPSI, including confidentiality measures.

Source: BSE

Grasim Industries: LIC Discloses Substantial Acquisition of Shares

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Life Insurance Corporation of India (LIC) has disclosed a substantial acquisition of shares in Grasim Industries. The disclosure, dated September 10, 2025, reveals that LIC now holds more than 5% of the company’s shares. LIC now holds 51,035,206 shares, representing 7.499% of total equity. The acquisitions were made through market purchases.

LIC Increases Stake in Grasim

Life Insurance Corporation of India (LIC) has reported a significant acquisition of shares in Grasim Industries Limited.

Details of Shareholding

Prior to this acquisition, LIC held 64,702,813 shares, amounting to 9.507% of Grasim’s total share/voting capital. Following the acquisition, LIC now holds 51,035,206 shares, representing 7.499% of total share/voting capital.

Transaction Details

The acquisition involved the purchase of 13,667,607 shares, representing 2.008% of the total share/voting capital. These shares were acquired through open market purchases.

Capital Structure

The equity share capital/total voting capital of Grasim Industries before and after the acquisition remains constant at 136,11,61,152.00.

Source: BSE

Bank of Baroda: Participation in Morgan Stanley India Financials Conference

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Bank of Baroda will participate in the Morgan Stanley India Financials Virtual Investor Group Conference on September 18, 2025, from 3:30 pm to 4:20 pm. The conference is a virtual event. A list of investors expected to participate includes names such as 3P Investment Managers, AIA Group, and Tata AIA Life Insurance, among others.

Virtual Investor Conference

Bank of Baroda will be participating in the Morgan Stanley India Financials Virtual Investor Group Conference, a virtual event, on September 18, 2025. The conference is scheduled from 3:30 pm to 4:20 pm.

Participating Investors

The tentative list of investors expected to participate in the meeting/conference is as follows:

  • 3P Investment Managers
  • AIA Group
  • Allianz Global Investors
  • Amova Asset Management
  • Amundi Asset Management
  • APG Investments
  • Balyasny Asset Management
  • BOI Investment Managers
  • Canara HSBC Life Insurance
  • Canara Robeco Asset Management
  • Carrhea Capital
  • Central Asset Investments
  • Chanakya Wealth Creation
  • Citadel International Equities
  • ERBF
  • Fact Capital
  • First Voyager Advisor
  • Franklin Templeton
  • GIC
  • Goldman Sachs Asset Management
  • HDFC Asset Management
  • Highwest Global Management
  • ICICI Prudential Life Insurance
  • ICICI Prudential Mutual Fund
  • India Capital Management
  • Invesco Asset Management
  • Ishana Capital
  • Jain Global
  • Janus Henderson Investors
  • JM Financial
  • K3 Funds
  • Kiwoom Asset Management Asia
  • Kora Management
  • Kotak Life Insurance Company
  • Kotak Mahindra Asset Management
  • Makrana Capital Management
  • Manulife Investment Management
  • Marshall Wace
  • Millennium Partners
  • Moon Capital
  • Nine Masts Capital
  • North Rock Capital Management
  • Oaktree Capital Management
  • Ontario Municipal Employees Retirement System
  • Optimas Capital
  • Oxbow Capital Management
  • Partners Bay
  • Pinpoint
  • Point72 Asset Management
  • Polymer Capital Management
  • Premji Investments
  • SBI Funds Management Limited
  • Schonfeld Strategic Advisors
  • Sephira Emerging Markets
  • Tara Capital Partners
  • Tata AIA Life Insurance
  • Tata AIG General Insurance Company
  • Tata Mutual Fund
  • Tekne Capital Management
  • Think Investiments
  • Triveni Capital
  • UBS Asset Management
  • Wellington Management Company
  • White Oak Capital Management (India)

Source: BSE

Mastek: Hi5 Youth Foundation to Acquire 1.62% Stake via Gift

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Hi5 Youth Foundation will acquire 1.62% of Mastek Limited’s equity shares, representing 500,000 shares, via a gift from Mr. Sundar Radhakrishnan, a promoter of Mastek. This transaction is expected to occur on or after September 19, 2025. Hi5 Youth Foundation will be identified as part of the ‘Promoter and Promoter group’.

Acquisition Details

Hi5 Youth Foundation is set to acquire 500,000 equity shares of Mastek Limited, constituting 1.62% of the company’s total equity. The transfer will be executed as a gift from Mr. Sundar Radhakrishnan without any monetary consideration. The proposed date for this transaction is on or after September 19, 2025.

Parties Involved

The acquirer, Hi5 Youth Foundation, will be classified as part of Mastek’s ‘Promoter and Promoter Group’ post-transaction. This acquisition does not involve any monetary exchange as the shares are being transferred as a gift.

Compliance and Declarations

Both Hi5 Youth Foundation and Mr. Sundar Radhakrishnan have confirmed their compliance with applicable regulations. All necessary disclosures under Chapter V of the Takeover Regulations, 2011, will be met.

Promoter Group Shareholding

Following the acquisition, the total shareholding of the Promoter and Promoter Group will remain at 35.79%. Mr. Sundar Radhakrishnan’s individual holding decreases from 4.22% to 2.60%, while Hi5 Youth Foundation will now hold 1.62%. Other key promoters include Ashank Desai, holding 10.96%, and Girija Ram, holding 5.66%. Data reflects shareholding as of April 7, 2025.

Source: BSE

TVS Motor: Partners with ALT Mobility to Deploy 3,000 Electric Three-Wheelers

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TVS Motor Company has partnered with ALT Mobility to deploy up to 3,000 electric three-wheelers in FY 2025-26. ALT Mobility will procure, lease, and finance the vehicles. The vehicles will be deployed under ALT’s Drive-to-own leasing model for cargo and passenger transportation. This collaboration aims to promote sustainable urban mobility and create socio-economic value.

Partnership for Electric Mobility

TVS Motor Company and ALT Mobility have signed a Memorandum of Understanding (MoU) to deploy up to 3,000 TVS electric three-wheelers (Passenger & Cargo) in FY 2025-26. The announcement was made on September 15, 2025.

Details of the Collaboration

As part of the agreement, TVS Motor Company will provide the vehicles. ALT Mobility will handle the procurement, leasing, and financing through its ecosystem. The models, variants, and specifications will be jointly finalized to best serve customer needs. The vehicles will be rolled out through TVS Motor’s authorized dealer network and ALT’s point of sales across India.

Deployment and Leasing Model

The electric three-wheelers will be deployed under ALT’s Drive-to-own leasing model, targeting individual drivers and fleet operators for both cargo and passenger transportation services.

ALT’s Integrated Asset Management

ALT’s integrated asset management includes 24×7 vehicle monitoring and pre-emptive maintenance to minimize downtime, ensuring top-notch vehicle health and better asset utilization.

Statements from Leadership

Mr. Rajat Gupta, Business Head – Commercial Mobility, TVS Motor Company, stated, “This collaboration with ALT Mobility is a significant step towards enabling sustainable urban and last-mile mobility at scale… designed to empower businesses and drivers with reliable, clean, and cost-efficient solutions.”

Mr. Anuj Gupta, Co-founder & CBO, ALT Mobility, commented, “Partnering with TVS Motor Company gives us access to industry-leading vehicles and technology, which will help us scale our leasing and fleet operations effectively… ensuring uptime, assured earnings, and a sustainable livelihood.”

ALT’s Lease Plan

ALT’s all-inclusive lease plan covers key expense areas such as maintenance, insurance, roadside assistance, servicing, challan and fitness management, providing vehicle users a hassle-free ownership experience.

Source: BSE

Tech Mahindra: Special Window for Re-lodgement of Physical Share Transfer Requests

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Tech Mahindra announces a special window for re-lodgement of physical share transfer requests, open from July 7, 2025, to January 6, 2026. This initiative allows shareholders who previously faced issues with their transfer requests to re-lodge them. The facility applies to deeds lodged before April 1, 2019, and shares re-lodged during this period will be issued in demat form only.

Re-lodgement Opportunity

Tech Mahindra is providing a special window to facilitate the re-lodgement of transfer requests for physical shares. This window is open for six months, from July 7, 2025 to January 6, 2026.

Eligibility and Conditions

This re-lodgement facility applies specifically to transfer deeds that were initially lodged before April 1, 2019, and were either rejected, returned, or not processed due to deficiencies or other reasons.

Demat Issuance

It is important to note that shares re-lodged and approved during this special window will be issued exclusively in dematerialized (demat) form. The standard process for transfer-cum-demat will be followed.

Guidance for Shareholders

Shareholders who missed the previous deadline of March 31, 2021, are encouraged to take advantage of this opportunity. To do so, they should submit the necessary documents to the Company’s Registrar and Share Transfer Agent, MUFG Intime India Private Limited, at [email protected] or at Block No. 202, 2nd Floor, Akshay Complex, Near Ganesh Temple, Off Dhole Patil Road, Pune – 411001. Alternatively, shareholders can contact the Company at [email protected] for assistance.

Important Deadline

Please note that any transfer requests submitted after January 6, 2026, will not be accepted by the Company or RTA, unless an extension is granted.

Source: BSE