Tata Chemicals’ US subsidiary, Tata Chemicals Soda Ash Partners LLC (TCSAP), has been penalized USD 20,400 by the Wyoming Department of Environmental Quality for failing a performance test of calciner operations. The failure occurred during the period of June to August 2023. The company has recorded the penalty, and there is expected to be no material impact on operations or financials.

Penalty for US Subsidiary

Tata Chemicals’ US-based subsidiary, Tata Chemicals Soda Ash Partners LLC (TCSAP), has been issued a penalty by the Wyoming Department of Environmental Quality – Air Quality Division.

Details of the Penalty

The penalty amounts to USD 20,400 and was levied due to a failure in the performance test of Calciner operations. This failure occurred during the period from June to August 2023.

Impact Assessment

Tata Chemicals reports that the penalty is not expected to have a material impact on the company’s financial condition or operations.

Timeline

The order, dated October 29, 2025, was officially received by TCSAP on November 10, 2025.

Source: BSE

KIMS Hospitals has issued a corrigendum to its investor presentation due to an inadvertent error in the reported number of beds. Revised data, including occupancy percentages and unit ramp-up details, has been uploaded to the company website. The corrections pertain to information released on November 7, 2025, and investors are advised to review the updated presentation.

Presentation Error Correction

KIMS Hospitals has identified and corrected an error in its previously released Investor Presentation. The correction concerns the number of beds stated in the presentation issued on November 7, 2025. The corrected Investor Presentation has been re-uploaded and is available on the company’s website.

Revised Data Points

The following pages in the Investor Presentation have been updated:

• Page 18: Group Operating Performance; Occupancy percentage has been updated.
• Page 19: Group Operating & Financial Performance; Adjustments made to Operational, Census, Non-Census, and Occupancy percentages.
• Page 22: Operational & Financial Performance (2/2); Adjustments made to Operational, Census, Non-Census, and Occupancy percentages.
• Page 25: Ramp-up of AP & Karnataka Units; The final comment under the Bengaluru section has been revised.

Impact and Availability

The company confirms that these revisions are purely data corrections and do not impact the company’s financial statements or performance. The updated presentation is accessible on the KIMS Hospitals website under the Investor Relations section.

Source: BSE

IFCI Limited has appointed Chirag Sapra as the new Chief Financial Officer (CFO), effective November 11, 2025. This decision was approved during a Board Meeting. Sapra, previously Deputy General Manager, succeeds Suneet Shukla. With over 18 years of experience, Sapra brings a strong background in accounting, finance, and taxation to the role.

Key Leadership Change

IFCI Limited has announced the appointment of Chirag Sapra as the new Chief Financial Officer (CFO). The appointment, effective from November 11, 2025, follows the conclusion of a Board Meeting held on the same day.

Appointment Details

Chirag Sapra, formerly the Deputy General Manager at IFCI Limited, will take over the CFO responsibilities from Suneet Shukla, who held the position of Chief General Manager. The appointment is effective immediately following the conclusion of the Board Meeting.

Profile of Chirag Sapra

Chirag Sapra is a seasoned finance professional with over 18 years of experience in the financial services sector. He brings a strong foundation in accounting, finance, and taxation to IFCI. He is a qualified Chartered Accountant and holds an MBA in Finance. His previous roles at IFCI included contributions to corporate advisory, credit, and regional operations. He has also led key projects like Ind-AS and GST implementation. Before joining IFCI, he worked at leading firms such as KPMG and Deloitte. Prior to this appointment, he was heading Corporate Accounts & Taxation and Loan Accounting Department at IFCI.

Source: BSE

The Board of Directors of Gujarat State Petronet Limited (GSPL) has approved additional investments in its Joint Venture Company, GSPL India Gasnet Limited (GIGL). This includes subscribing to GIGL’s rights issue of redeemable cumulative preference shares amounting to ₹35.77 Cr and an additional equity contribution of up to ₹7.80 Cr. GSPL will maintain its 52% shareholding in GIGL post-investment.

GSPL Boosts Investment in Gasnet

Gujarat State Petronet Limited (GSPL) is reinforcing its commitment to GSPL India Gasnet Limited (GIGL) through a fresh round of investments. A board meeting held on November 11, 2025, greenlit the financial infusion aimed at bolstering GIGL’s ongoing projects.

Details of the Investment

The approved investments are divided into two key components:

• Subscription to GIGL’s Right issue of Redeemable Cumulative Preference Shares: ₹35.77 Cr.
• Additional Equity Contribution: Up to ₹7.80 Cr, bringing the cumulative equity contribution to ₹1339.84 Crore.

Despite these investments, GSPL will continue to hold a 52% stake in GIGL, ensuring no change in the percentage of shareholding.

About GSPL India Gasnet (GIGL)

GIGL operates as a subsidiary of GSPL. Other joint venture partners include Indian Oil Corporation Limited (26%), Bharat Petroleum Corporation Limited (11%), and Hindustan Petroleum Corporation Limited (11%). GIGL focuses on the execution and implementation of cross-country natural gas transmission pipeline projects, including the Mehsana Bhatinda Pipeline Project and the Bhatinda Gurdaspur Pipeline Project.

Preference Share Details

The tenure of the Preference share shall be 5 years.

Equity Share Details

GSPL will acquire 7,80,00,000 Equity Shares of face value of Rs. 10 each at par on rights basis.

Turnover of GIGL (Last 3 Years)

The turnover for the last three financial years is as follows:

• 2022-2023: ₹21280.11 Lacs
• 2023-2024: ₹36551.09 Lacs
• 2024-2025: ₹23967.14 Lacs

Source: BSE

Metropolis Healthcare announced a 23% year-on-year increase in Group revenue for Q2 FY26. The company’s organic revenue grew by 12%, with EBITDA margin improving to 26.8%. The B2C segment contributed 59% of total revenues. The company is focused on margin expansion, operational efficiency, and strengthening its specialty testing capabilities. Metropolis aims to maintain its top-line growth and leadership position.

Financial Performance Highlights

Metropolis Healthcare reported strong financial results for Q2 FY26, showcasing robust growth and improved profitability:

• Group Revenue: Grew by 23% year-on-year.
• Organic Revenue Growth: 12%.
• EBITDA Margin: Stood at 26.8%, an improvement of 60 bps compared to Q2 FY25.
• B2C Contribution: 59% of total revenue, with 11% year-on-year growth.
• B2B Growth: 14% year-on-year for organic business.

Segment Performance

Key segments demonstrated strong performance:

• TruHealth: Revenue grew by 21% year-on-year for organic business.
• Specialty: Revenue increased by 15% year-on-year for organic business.

Strategic Focus and Expansion

Metropolis Healthcare is focused on several strategic initiatives to drive future growth:

• Margin Expansion: Through better cost controls, improved test mix, and automation.
• New Markets: Expanding presence in Tier 2 and Tier 3 cities, adding 300 new collection centers in H2 FY26.
• Specialized Testing: Strengthening high-end capabilities, including AI-based allergy testing and genomics.
• Operational Efficiency: Integrating digital and AI-driven tools to enhance service quality.

Outlook and Guidance

Metropolis Healthcare aims to maintain its top-line guidance and expects to meet stated estimates in H2 FY26. The company is confident in its ability to further build and reinforce its leadership position nationwide.

Source: BSE

The Competition Commission of India has granted approval for AWL Agri Business to sell a portion of its equity shares to Lence Pte Ltd. The proposed sale involves a maximum of 259,935,721 equity shares, representing up to 20% of the company’s issued and paid-up equity share capital. The minimum number of shares to be sold is 142,964,647, representing 11%. The final number will be determined by Lence Pte Ltd.

Equity Stake Divestment

AWL Agri Business has received approval from the Competition Commission of India regarding the sale of equity shares to Lence Pte Ltd. The agreement, initially disclosed on July 17, 2025, outlines the terms for the transaction.

Details of the Share Sale

Under the agreement, Lence Pte Ltd will purchase up to 259,935,721 equity shares from AWL Agri Business, which constitutes a maximum of 20.00% of the issued and paid-up equity share capital. The agreement also specifies a minimum sale of 142,964,647 equity shares, representing 11.00% of the issued and paid-up equity share capital. The final quantity of shares to be sold is at the discretion of Lence Pte Ltd.

Financial Terms

The sale price per share is fixed at INR 275. The total amount payable by Lence Pte Ltd to AWL Agri Business will depend on the final number of shares sold, adhering to the terms outlined in the share purchase agreement.

Approval and Next Steps

The Competition Commission of India granted its approval on November 11, 2025. Consummation of the transaction is subject to the fulfillment of other precedent conditions as defined within the SPA.

Source: BSE

Kirloskar Oil Engines has appointed Mr. Srikumar Vijayasekharan as an Additional Non-Executive Independent Director for a term of 5 years, effective from November 11, 2025. Mr. Vijayasekharan, aged 64, is a Chartered Accountant with over 40 years of experience. He previously served as the COO of Deloitte South Asia. His appointment is subject to member approval.

New Independent Director

Kirloskar Oil Engines announced the appointment of Mr. Srikumar Vijayasekharan (DIN 07810464) as an Additional Non-Executive Director, categorized as an Independent Director. His appointment is for a term of 5 consecutive years, starting November 11, 2025. This appointment is subject to approval by the company’s members.

Srikumar Vijayasekharan’s Background

Mr. Vijayasekharan, aged 64, is a Chartered Accountant with more than 40 years of experience in audit, assurance, operations, governance, and strategy. Previously, he spent 8 years as the Chief Operating Officer (COO) of Deloitte South Asia, holding the position from 2015 until 2023. During this period, he oversaw the firm’s operations, including finance, IT, infrastructure, business plans and strategy.

Additional Details

The announcement specifies that Mr. Vijayasekharan is not related to any existing Director on the Board, and he currently does not hold any shares in the company. He also served as an Advisor to the South Asia CEO of Deloitte from 2023 to 2025. Before becoming COO, he was a member of the South Asia Board of Deloitte. He is also an Independent Director on the Board of Arka Fincap Limited.

Source: BSE

INOX India announced record-breaking performance for Q2 FY26 and H1 FY26, achieving its highest ever sales, EBITDA, and PAT. The company reported a 16% year-over-year increase in consolidated revenue for the quarter, driven by robust order inflows and higher dispatches across key business segments. Order backlog reached INR 1,485 crores, providing strong revenue visibility. The company is optimistic about sustained growth, driven by innovation and global footprint expansion.

Exceptional Financial Performance

INOX India reported outstanding financial results for both the second quarter (Q2 FY26) and the first half (H1 FY26) of fiscal year 2026.

Key highlights include:

• Record Revenue: Consolidated revenue for Q2 FY26 increased by approximately 16% year-over-year, reaching INR 371 crores. For H1 FY26, total income stood at INR 723 crores, marking the highest ever H1 revenue in the company’s history.
• Strong Profitability: EBITDA for Q2 FY26 was INR 92 crores, up by 18% Y-o-Y. Profit after tax (PAT) grew by 22.9% Y-o-Y to INR 62 crores. H1 EBITDA reached INR 180 crores and PAT stood at INR 122 crores.
• Record Order Backlog: As of September 30, 2025, the order backlog reached a record high of INR 1,485 crores, with 63% from exports and 37% from the domestic market.

Segment Highlights

The company highlighted notable achievements across its various business segments:

• Industrial Gas Solutions: Demonstrated exceptional performance with prestigious order wins and successful project deliveries, including large cryogenic vessel orders from a leading U.S.-based aerospace company.
• LNG Solutions: Continued growth with secured satellite LNG power station projects and robust LNG vehicle fuel tank supplies to major OEMs.
• Cryo Scientific Division: Witnessed strong progress with new and follow-on orders, including major refurbishment contracts.
• Beverage Kegs Division: Gained traction across geographies, securing a significant order from a German company and actively bidding for substantial orders with major global breweries.

Growth Drivers and Outlook

Management is confident in sustaining its growth trajectory, citing a healthy order pipeline, an expanding global customer base, ongoing capacity expansion initiatives, and a diversified portfolio. The company anticipates continued benefits from government initiatives such as Make-in-India and rising demand for cleaner energy solutions.

Source: BSE

Container Corporation of India (CONCOR) announced a ₹2.60 per share interim dividend for FY 2025-26. The company reported a Q2 profit before tax of ₹504.29 crore, up from ₹346.53 crore in Q1. Revenue also increased to ₹2,351.36 crore. Despite challenges, CONCOR shows solid financial performance and shareholder returns.

Interim Dividend Announcement

The Board of Directors has declared an interim dividend of ₹2.60 per equity share (face value of ₹5) for the financial year 2025-26. This translates to a 52% dividend. The total payout amounts to ₹198.02 crores. The record date for determining eligible shareholders is November 20, 2025, with payment scheduled on or after November 27, 2025.

Q2 Financial Performance

CONCOR’s Q2 (Jul-Sep) results showcase positive financial indicators:

• Revenue from operations:₹2,351.36 crore compared to ₹2,149.53 crore in Q1 (Apr-Jun)
• Profit before tax:₹504.29 crore, significantly up from ₹346.53 crore in Q1.
• Profit after tax:₹376.75 crore

Segment Revenue

A breakdown of revenue by segment reveals:

• EXIM:₹1,577.44 crore
• Domestic:₹773.92 crore

Emphasis of Matter

Land License Fee (LLF) payments to Indian Railways are based on the company’s assessment, aligning with the Master Circular dated October 4, 2022. Uncertainty regarding lease terms means that Right of Use (ROU) assets haven’t been assessed as per Ind AS 116. Additionally, the company has reassessed the accounting estimate for LNG Trucks & Trailers, extending their useful life from 8 years to 15 years. This change significantly impacts depreciation expenses in current and future periods.

Source: BSE