CRISIL Ratings Limited has revised the outlook on Kirloskar Brothers Ltd.’s (KBL) long-term bank facilities to ‘Positive’ from ‘Stable’, while reaffirming the rating at ‘Crisil AA’. The short-term rating has also been reaffirmed at ‘Crisil A1+’. The total bank loan facilities rated amount to Rs. 1,700 crore. This revision reflects improved financial prospects for KBL.

CRISIL Revises Rating Outlook

Kirloskar Brothers Limited (KBL) has received an update on its credit ratings from CRISIL Ratings Limited. The announcement, dated November 11, 2025, details the changes in outlook and reaffirmation of existing ratings.

Long-Term and Short-Term Ratings

The long-term rating for KBL’s bank facilities has been revised from ‘Stable’ to ‘Positive’, with the rating reaffirmed at ‘Crisil AA’. Concurrently, the short-term rating has been reaffirmed at ‘Crisil A1+’.

Details of Rated Facilities

The total bank loan facilities rated amount to Rs. 1,700 crore. These facilities include:

• Cash Credit: Rs. 500.00 Crore (Rated: Crisil AA/Positive)
• Letter of Credit & Bank Guarantee: Rs. 1100.00 Crore (Rated: Crisil A1 +)
• Proposed Long Term Bank Loan Facility: Rs. 100.00 Crore (Rated: Crisil AA/Positive)

Source: BSE

Bikaji Foods International reported a strong Q2 FY26, with revenue up by 15.2% YoY to ₹8,303 mn. EBITDA grew by 20.1% YoY, reaching ₹1,282 mn, with a margin of 15.4%. The Packaged Sweets segment was a key driver, growing by 32.3%. Exports also saw a notable increase, growing by 77.3%.

Financial Performance Overview

Bikaji Foods International announced its financial results for Q2 FY26, showcasing significant growth across key metrics. Revenue from operations increased by 15.2% YoY to ₹8,303 mn, supported by a volume growth of 10.8% YoY.

The company’s EBITDA grew by 20.1% YoY to ₹1,282 mn, resulting in an EBITDA margin of 15.4% (up by 130 bps YoY ex PLI). Adjusted Profit After Tax (PAT) rose by 18.1% YoY to ₹808 mn. Earnings per share (EPS) stood at ₹3.18.

H1 FY26 Performance

For the first half of FY26, Bikaji Foods reported a revenue increase of 14.8%, reaching ₹14,830 mn, with a volume growth of 9.4%. EBITDA grew by 13.1% to ₹2,245 mn, with a margin of 15.1%. Adjusted Profit After Tax (PAT) grew by 10.5% YoY to ₹1,394 mn, and earnings per share (EPS) stood at ₹5.57.

Segment Highlights

Key segment performances for Q2 FY26 include:

• Ethnic Snacks: Revenue grew by 4.6% YoY, constituting approximately 59.1% of overall revenue.
• Packaged Sweets: Revenue surged by 32.3% YoY, contributing around 19.7% of overall revenue.
• Western Snacks: Revenue declined by 5.2% YoY, representing about 7.0% of overall revenue.
• Papad: Revenue increased by 10.3% YoY, making up approximately 4.0% of overall revenue.
• Retail: Retail business revenue reached ₹280 million.

Management Commentary

Deepak Agarwal, Managing Director, noted the strong and resilient growth, with the packaged sweets segment performing exceptionally well and exports growing significantly. He also addressed the temporary headwinds caused by GST rate rationalization and expressed optimism for future growth through innovation and market expansion.

Source: BSE

Castrol India announced a 6% year-over-year revenue growth reaching INR 1,363 crores in Q3 2025. The company is expanding its EV capabilities, including partnerships and localized EV fluid production. EBITDA increased to INR 323 crores, and profit after tax rose 10% to INR 228 crores. Castrol is focused on volume growth, rural market penetration, and strengthening its service network, while expanding into sectors resilient to EV transition. Year-to-date volume growth stands at 8%.

Q3 2025 Financial Highlights

Castrol India reported a revenue from operations of INR 1,363 crores in Q3 2025, representing a 6% year-over-year increase, primarily driven by a 7% increase in volumes. The company’s EBITDA for the quarter was INR 323 crores, up by INR 37 crores, and profit after tax reached INR 228 crores, a 10% increase compared to the same quarter last year.

For the nine months ending in September 2025, Castrol India’s revenue reached INR 4,282 crores, an increase of 7% compared to the previous year, with EBITDA at INR 980 crores (up 9%) and profit after tax at INR 705 crores (up 8%).

Strategic Focus & Business Developments

Castrol India is strategically focused on expanding its reach in rural markets and bolstering its industrial segment presence to drive sustainable volume-led growth. The company signed an MoU with VinFast Auto to provide aftersales service for VinFast EV customers nationally, leveraging Castrol’s workshop network. This move aligns with Castrol’s commitment to supporting India’s transition to sustainable mobility.

Product Innovation and Expansion

The company launched the Castrol All-in-One Helmet Cleaner, expanding its auto care portfolio. Castrol also rolled out upgraded lubricant variants, including Castrol MAGNATEC engine oil compliant with the latest API SQ specifications.

Network and Distribution

Castrol India’s products are now available through over 150,000 retail outlets across the country, including a footprint of 40,000+ outlets in rural India. The company has expanded its branded service network to over 750 Castrol Auto Service centers across 300 cities.

EV Fluid Development

Castrol is expanding beyond lubricants into the service and maintenance space, launching EV fluids under the Castrol ON range. The company is leveraging its technology center to formulate EV transmission and thermal fluids suited for India’s environment, localizing advanced EV fluids to serve the growing electric mobility ecosystem.

Source: BSE

Tejas Networks has announced the status of re-lodgement of requests for transfer of physical shares as of October 31, 2025. This is with reference to the SEBI circular regarding the special window for re-lodgement of transfer requests of physical shares. No requests were received, processed, or approved during the month. The information is available on the company’s website.

Status of Physical Share Transfer Requests

Tejas Networks has provided an update on the re-lodgement of requests for the transfer of physical shares. This announcement follows the guidelines provided in the SEBI circular issued on July 2, 2025, which established a special window for this purpose.

Key Highlights as of October 31, 2025

• No requests were received during the month.
• No requests were processed during the month.
• No requests were approved.
• No requests were rejected.
• The average time taken for processing requests is not applicable (NA).

This information has been furnished by MUFG Intime India Private Limited, the Registrar & Transfer Agent for Tejas Networks.

Source: BSE

Uno Minda Limited has announced that a shareholder has reported the loss of their original share certificates. The company is initiating the process to issue duplicate certificates in lieu of the lost ones. The shareholder, R K Velu, reported the loss on November 11, 2025. The company will adhere to SEBI guidelines for the issuance of new certificates.

Loss of Share Certificates

Uno Minda Limited announced on November 11, 2025, that a shareholder has reported the loss of their original share certificates and has requested duplicate certificates to be issued. The company is processing the request according to standard procedures.

Details of Lost Certificates

The following details pertain to the lost share certificates:

Step Transfer Date: 10-11-2025
Folio No: 0001560
Name of Shareholder: R K Velu
No. of Shares: 2000
Certificate No: 35316
Distinctive Nos: 87362156 to 87364155
No. of Shares: 4000
Certificate No: 34502
Distinctive Nos: 286004443 to 286008442

Reason: Lost by the shareholder.

Issuance of New Certificates

Uno Minda Limited will issue the new share certificates to the shareholder while adhering to the guidelines set by SEBI and completing the necessary procedural requirements. The company has requested that the details be noted.

Source: BSE