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Oil India: Achieves Record Production and Robust Financials

Oil India Limited (OIL) announced record oil and natural gas production, supported by operational excellence and strategic growth. The company achieved its highest-ever oil and oil-equivalent gas production of 6.710 MMTOE, and highest-ever natural gas production of 3,252 MMSCM. The company reported a standalone net profit of ₹6,114 crore and consolidated net profit of ₹7,040 crore.

Exceptional Production Performance

Oil India Limited (OIL) had a landmark financial year, achieving record oil and natural gas production. The company reached its highest-ever oil and oil-equivalent gas (O+OEG) production, totaling 6.710 MMTOE. The natural gas production reached an all-time high of 3,252 MMSCM.

Strong Financial Results

The company’s financial performance was equally impressive. OIL reported a total standalone income of ₹23,987 crore and a consolidated income of ₹37,830 crore. The net profit stood at ₹6,114 crore on a standalone basis, and ₹7,040 crore on a consolidated basis, with margins of 27.64% and 19.47% respectively.

Strategic Investments & Net Zero Goals

OIL is actively investing in renewables, green hydrogen, biofuels and CBG. The company made substantial progress towards its Net Zero 2040 target, which included a 59% reduction in flaring compared to the prior year.

Numaligarh Refinery Expansion

Transformative projects at Numaligarh Refinery Limited are underway, including a threefold capacity expansion, a 2G bio-ethanol plant, a green hydrogen project and India’s first large-scale Sustainable Aviation Fuel (SAF) facility. The Prime Minister laid the foundation stone for a 360 KTPA polypropylene plant at Numaligarh, with a project cost exceeding ₹7,000 crore.

Source: BSE

PNC Infratech: Yamuna Highways Receives Provisional Completion Certificate for HAM Project

PNC Infratech Limited announces that its subsidiary, Yamuna Highways Private Limited, has received the Provisional Completion Certificate (PCOD) for its highway project in Uttar Pradesh. The project, involving four-laning of NH 530B, achieved provisional completion on August 30, 2025. The project cost is ₹885.0 Crores, plus Price Index Multiple.

Project Completion Announcement

PNC Infratech Limited is pleased to announce that Yamuna Highways Private Limited, a subsidiary, has been granted the Provisional Completion Certificate (PCOD) for the NH 530B highway project in Uttar Pradesh. The independent engineer issued the certificate via mail on September 17, 2025, acknowledging that the project is fit for commercial operations starting August 30, 2025.

Project Details

The project entails the four-laning of NH 530B from Mathura Bypass (starting at existing km 266.000 of SH 33/Design Km 0.000) to Gaju Village (end). The design length is 32.982 km in Uttar Pradesh, executed under the Hybrid Annuity Mode (HAM), and is designated as Package-1B.

Key Project Dates

The appointed date for this project was March 20, 2023, with a completion period of 730 days. The initially scheduled completion date was March 19, 2025, subsequently revised to August 30, 2025, the date of provisional completion.

Financial Aspects

The bid project cost is ₹885.0 Crores (plus Price Index Multiple amount as per the Concession Agreement).

Source: BSE

Polycab India: Investor Meetings Scheduled for September 2025

Polycab India has announced upcoming meetings with institutional investors and analysts in September 2025. The meetings include a physical, one-on-one session with IIFL Capital Services Limited on September 23, 2025, and a virtual, one-on-one meeting with Citadel Securities on September 26, 2025. These meetings will cover corporate strategy and publicly available information.

Upcoming Investor Interactions

Polycab India Limited will be engaging with key institutional investors and analysts during September 2025. These meetings provide an opportunity for the company to communicate its strategic direction and answer questions regarding its performance and outlook.

Meeting Details

The schedule includes the following meetings:

  • September 23, 2025: A physical, one-on-one meeting with IIFL Capital Services Limited in Mumbai.
  • September 26, 2025: A virtual, one-on-one meeting with Citadel Securities in Mumbai.

The discussions during these meetings will be based on information already available to the public. Any potential changes to the meeting schedule will be communicated in advance.

Source: BSE

Tata Consultancy Services: Recognized for Market-Leading Growth by Everest Group in 2025

Tata Consultancy Services (TCS) has been recognized by Everest Group with the 2025 Elevate Honors for Market-Leading Growth. This award acknowledges TCS’ industry leadership, marked by a $39.4 billion Total Contract Value and $30 billion in revenues in FY25. The recognition highlights TCS’ consistent performance and its significant impact on global markets through organic business growth and delivery excellence.

Everest Group’s Recognition

Tata Consultancy Services (TCS) has received the Growth Honor of the Year at the 2025 Everest Group – Elevate Dallas Conference. This award celebrates TCS’ market-leading, constant-currency revenue growth among publicly listed global service providers generating over $5 billion in revenue. This recognition emphasizes TCS’ strengths in organic business growth, operational performance, and consistent market leadership.

Financial Performance and Innovation

TCS’ robust financial performance includes a total contract value of $39.4 billion in FY25, with revenues surpassing $30 billion in the same period. The company’s commitment to innovation is underscored by the appointment of a Chief AI Officer to scale its AI capabilities, contributing to a comprehensive suite of services across AI, data, and digital engineering.

Industry Standing and Recognition

In 2025, TCS became the world’s second-largest global IT services brand, achieving a brand valuation above $20 billion ($21.3 billion), according to Brand Finance. This represents an 826% growth in brand value over 15 years, from $2.3 billion in 2010. Further accolades include being listed as one of the World’s Most Admired Companies by Fortune Magazine and ranking first for customer satisfaction in Europe by Whitelane Research for the twelfth consecutive year.

Company’s Vision

Nikhil Shahane, Global Head – Analyst Relations at Tata Consultancy Services, stated that the Everest Elevate Growth Honor reflects TCS’ commitment to growth, driven by expertise in AI and Digital Transformation. TCS continues to invest in innovation, talent, and partnerships to enable its customers to be perpetually adaptive enterprises.

Source: BSE

Mastek: Clarification on Recent Increase in Trading Volume

Mastek clarifies recent increase in its trading volume. The company confirms it consistently makes necessary disclosures to stock exchanges. It also states that there is no undisclosed sensitive information that could be influencing recent market activity. The company attributes any movements in its share volume to market-driven factors.

Response to Volume Increase

Mastek has addressed the recent increase in its trading volume, stating that they have been consistently making required disclosures to the stock exchanges. This statement was released on September 18, 2025.

No Undisclosed Information

The company clarifies that there is currently no unpublished price-sensitive information that could account for the volume fluctuations. Any movement is attributed to normal market dynamics.

Source: BSE

Bank of Maharashtra: Interest Payment on Bonds (ISIN: INE457A08142)

Bank of Maharashtra has announced the payment of annual interest on its bonds, specifically those with ISIN INE457A08142. The interest payment, amounting to Rs 41,09,70,000, was made on September 18, 2025, and covers obligations under BASEL III Compliant Tier-II Bonds. The interest payment frequency is annual.

Interest Payment Details

Bank of Maharashtra confirmed the payment of interest on its bonds with ISIN INE457A08142 on September 18, 2025. The total interest paid amounts to Rs 41,09,70,000. This payment pertains to BASEL III Compliant Tier-II Bonds.

Key Information

Here’s a breakdown of the details regarding the interest payment:

  • ISIN: INE457A08142
  • Issue Size: Rs 515 crore
  • Interest Amount Paid: Rs 41,09,70,000
  • Due Date: September 18, 2025
  • Actual Payment Date: September 18, 2025
  • Interest Payment Frequency: Annually
  • Last Interest Payment Date: September 17, 2024* (*Note: Interest payment was made on the previous working day as September 18, 2024 was a bank holiday.)

Source: BSE

Tata Consumer Products: Clarification on Volume Increase in Shares

Tata Consumer Products has addressed concerns regarding a recent increase in share volume. The company stated that they have consistently made timely and adequate disclosures of all relevant information that could impact performance. As of September 18, 2025, the company confirms there is no undisclosed information that could influence the price/volume behavior of its shares.

Response to Volume Increase Inquiry

Tata Consumer Products has issued a clarification concerning the recent increase in the trading volume of its shares. This response was made to address inquiries regarding potential undisclosed information.

Statement on Information Disclosure

The company maintains that it has consistently provided timely and sufficient disclosures regarding all material information and events affecting its operations. These disclosures adhere to the prescribed regulations.

Confirmation of No Undisclosed Information

As of September 18, 2025, Tata Consumer Products confirms that there is no undisclosed announcement or event that could affect the price or volume activity of the company’s securities. All relevant information has been disclosed to the stock exchanges.

Source: BSE

Autoline Industries: To Sell Stake in Subsidiary Company

Autoline Industries announced that they will sell their remaining stake in Autoline Industrial Parks Limited (AIPL) to MNSC Realty & Developers Pvt. Ltd. An amendment to the original Share Purchase Agreement (SPA) extends the payment schedule to October 30, 2025. The company expects to complete the sale of its 44.78% equity stake by this date.

Stake Divestment in AIPL

Autoline Industries is proceeding with the sale of its remaining stake in Autoline Industrial Parks Limited (AIPL) to MNSC Realty & Developers Pvt. Ltd. This includes a 44.78% equity stake held by Autoline Industries and its subsidiary, Autoline Design Software Ltd. (ADSL).

Revised Agreement Terms

A Supplemental Agreement, as Amendment No. 1, was executed on September 18, 2025, modifying the payment terms. The new deadline for completing the consideration payment has been extended to October 30, 2025.

Consideration Details and Timelines

As of the report on November 11, 2024, Autoline Industries had received ₹84,50,00,000, while ADSL received ₹3,00,00,000 towards the total consideration. The total consideration amount for the Company is Rs. 95,16,62,991 and for ADSL (WOS) is Rs. 3,33,37,009.

Impact on Company Structure

Following this transaction, AIPL will no longer be considered a material subsidiary but will be an associate company of Autoline Industries, effective April 15, 2025.

Source: BSE

3M India: Furnishing PAN and KYC Details for Physical Shareholders

3M India is requesting shareholders holding physical shares to update their PAN, KYC, and Nomination details. This is in accordance with SEBI’s circulars dated May 07, 2024, and June 10, 2024. Shareholders must provide the necessary information to KFin Technologies Limited to ensure seamless processing of dividends and other corporate benefits. Failure to comply may result in withheld payments.

KYC Compliance for Physical Shareholders

3M India is urging its shareholders who hold physical shares to furnish their PAN, KYC, and Nomination details as per SEBI’s regulations. These details need to be updated with the Registrar and Transfer Agent (RTA), KFin Technologies Limited.

Mandatory Details and Deadline

Shareholders are required to update the following details:

  • PAN
  • KYC information
  • Nomination details

Shareholders yet to comply with all KYC requirements, should consider this letter an intimation for payment that is due. Dividend for FY 2024-25 payable against their holding is withheld and shall be released immediately after updation of KYC detailed.

How to Update Your Details

Physical shareholders should furnish their details to KFin Technologies Limited. Contact details for KFin Technologies Limited are as follows:

KFin Technologies Limited, Unit: 3M India Limited
‘Selenium’, Tower B, Plot No. 31 & 32 Financial District,
Gachibowli, Hyderabad, Telangana, 500 032.
Email ID: [email protected]

Important Links

Prescribed forms can be downloaded from the 3M India website: 3M India Investor Relations

Forms are also available on the KFin Technologies website: KFin Technologies – ISR Forms

Source: BSE

Maruti Suzuki: Reduces Automobile Prices Due to GST Revision

Maruti Suzuki India Limited will pass on the full benefit of the recent reduction in GST rates on automobiles to customers, effective September 22, 2025. This price reduction aims to stimulate the Indian Passenger Vehicle Industry, with model-wise reductions in ex-showroom prices.

Price Reductions Effective September 22, 2025

Maruti Suzuki India Limited has announced a reduction in automobile prices following the revision in Goods and Services Tax (GST) rates. The company will pass on the full benefit of this reduction to its customers, effective September 22, 2025.

Model-Wise Price Reductions

The following table details the reduction in ex-showroom prices for various Maruti Suzuki models:

Model Reduction in Ex-Showroom Price (in INR) Starting Price (in INR)
S-Presso Up to 129,600 349,900
Alto K10 Up to 107,600 369,900
Celerio Up to 94,100 469,900
Wagon-R Up to 79,600 498,900
Ignis Up to 71,300 535,100
Swift Up to 84,600 578,900
Baleno Up to 86,100 598,900
Tour S Up to 67,200 623,800
Dzire Up to 87,700 625,600
Fronx Up to 112,600 684,900
Brezza Up to 112,700 825,900
Grand Vitara Up to 107,000 1,076,500
Jimny Up to 51,900 1,231,500
Ertiga Up to 46,400 880,000
XL6 Up to 52,000 1,152,300
Invicto Up to 61,700 2,497,400
Eeco Up to 68,000 518,100
Super Carry Up to 52,100 506,100

Source: BSE