JSW Energy has commissioned India’s largest green hydrogen plant at its JSW Steel facility in Vijayanagar, Karnataka. The plant will supply 3,800 tons per annum (TPA) of green hydrogen and 30,000 TPA of green oxygen to JSW Steel for low-carbon steel production. This project aligns with India’s clean energy transition goals and reinforces JSW Energy’s commitment to sustainability.

Green Hydrogen Plant Commissioned

JSW Energy has announced the successful commissioning of its first, and India’s largest, green hydrogen manufacturing plant. The plant is located at the JSW Steel facility in Vijayanagar, Karnataka, and marks a significant step in the company’s clean energy initiatives. The project operates under the Production Linked Incentive Scheme – Tranche I.

Production Capacity and Agreement

The commissioned plant has a production capacity of 3,800 tons per annum (TPA) of green hydrogen. Additionally, it will produce 30,000 TPA of green oxygen, which will be supplied to JSW Steel for the production of low-carbon steel. This agreement is part of a seven-year offtake agreement with JSW Steel Ltd.

Expansion Plans

JSW Energy has also signed a Memorandum of Understanding with JSW Steel Ltd to progressively increase the supply of green hydrogen to 85,000–90,000 TPA and green oxygen to 720,000 TPA by 2030. This initiative supports India’s goal of achieving approximately 5 MTPA of green hydrogen production by 2030.

Leadership Perspective

According to Mr. Sharad Mahendra, Joint Managing Director and CEO of JSW Energy, this project is a key milestone in India’s clean energy journey. It reflects JSW Energy’s commitment to supporting India’s transition towards a low-carbon economy and decarbonization of sectors like steel.

Overall Capacity

JSW Energy currently has a total locked-in generation capacity of 30.5 GW, consisting of 13.3 GW operational capacity, 12.5 GW under construction (thermal and renewable), and 150 MW under acquisition (hydro). The company aims to achieve 30 GW generation capacity and 40 GWh of energy storage capacity by FY2030, and to achieve Carbon Neutrality by 2050.

Source: BSE

Cholamandalam Investment and Finance Company Limited has filed an application with the National Stock Exchange of India and the BSE for the reclassification of certain members belonging to the ‘Promoter Group’ to the ‘Public’ category. The application, dated November 10, 2025, pertains to Yanmar Coromandel Agrisolutions Private Limited and Coromandel Engineering Company Limited. The company had received the approval from its Board of Directors for the request.

Reclassification Filing

Cholamandalam Investment and Finance Company Limited announced on November 10, 2025, that it has submitted an application to the National Stock Exchange of India and the BSE for the reclassification of specific entities.

Details of Reclassification

The application pertains to the reclassification of Yanmar Coromandel Agrisolutions Private Limited (YCAS) and Coromandel Engineering Company Limited (CECL), both currently categorized as ‘Outgoing Members of the Promoter Group’. The company is seeking to reclassify them to the ‘Public’ category.

Background of the Decision

The decision to file this application follows the approval granted by the Board of Directors for the request received from M/s. Yanmar Coromandel Agrisolutions Private Limited and M/s. Coromandel Engineering Company Limited on November 6, 2025.

Source: BSE

Adani Airport Holdings Limited (AAHL), a wholly owned subsidiary of Adani Enterprises, has executed a Share Purchase Agreement (SPA) and Joint Venture Agreement (JVA) to disinvest 25% of its stake in World Plate Collective Cuisines Limited (WPCCL). After the transaction, AAHL will hold 75% of WPCCL, while AJ Holding Limited will hold the remaining 25%. The transaction was announced on November 10, 2025.

Strategic Divestment in WPCCL

Adani Airport Holdings Limited (AAHL) has entered into definitive agreements for the partial divestment of its stake in World Plate Collective Cuisines Limited (WPCCL). The announcement was made on November 10, 2025, outlining the terms of the transaction.

Key Terms of the Agreement

AAHL will disinvest 25% of its stake in WPCCL through a Share Purchase Agreement (SPA) and Joint Venture Agreement (JVA) with AJ Holding Limited. Post-transaction, the shareholding structure of WPCCL will be as follows:

• AAHL: 75%
• AJ Holding Limited: 25%

Background of the Transaction

Prior to this divestment, AAHL held 100% of the shares in WPCCL. The transaction will result in AJ Holding Limited becoming a significant shareholder in WPCCL.

Board Composition

Following the completion of the transaction, the Board of WPCCL will consist of four directors, with AAHL nominating three and AJ Holding Limited nominating one.

Source: BSE

Bajaj Housing Finance announced its H1 FY26 results, reporting a 19% increase in Profit After Tax (PAT) to ₹1,226 crore. Assets Under Management (AUM) grew by 24% to ₹1,26,749 crore. The company continues to focus on sustainable growth and a diversified borrowing mix. The Gross NPA and Net NPA stood at 0.26% and 0.12% respectively as of September 30, 2025.

Financial Performance Highlights

Bajaj Housing Finance reported a strong financial performance for H1 FY26:

• Assets Under Management (AUM) grew by 24%, reaching ₹1,26,749 crore as of September 30, 2025.
• Net interest income increased by 34% to ₹1,843 crore compared to H1 FY25.
• Net total income grew by 24% to ₹2,110 crore.
• Profit before tax (PBT) increased by 19% to ₹1,590 crore.
• Profit after tax (PAT) also increased by 19% to ₹1,226 crore.

Asset Quality and Capital Adequacy

The company maintained healthy asset quality and capital adequacy:

• Gross NPA stood at 0.26% as of September 30, 2025.
• Net NPA stood at 0.12% as of September 30, 2025.
• Capital adequacy ratio remained comfortable at 26.12%.

Key Strategic Initiatives

Bajaj Housing Finance continues to focus on enhancing customer experience and expanding its reach:

• The company has seen almost 94% adoption of e-agreements.
• The online customer onboarding journey has reached around 93%.
• The company launched ‘Sambhav Home Loans’ for near prime and affordable housing, now operating across 67 urban locations and 72 tier IV / rural locations.

Future Outlook

Considering the current market dynamics, Bajaj Housing Finance has reassessed its key financial indicators for FY26, projecting AUM growth between 21-23%.

Source: BSE

The Board of Directors of Oil and Natural Gas Corporation (ONGC) has approved an interim dividend of ₹6 per equity share. It also greenlit an investment of up to ₹421.50 Crore in its wholly-owned subsidiary, ONGC Green Limited (OGL), to boost its renewable energy initiatives. Other key decisions included investments in joint ventures for petroleum transportation and disclosures related to debt regulations.

Interim Dividend Approved

ONGC’s Board has declared an interim dividend of ₹6 per equity share with a face value of ₹5, equivalent to 120%. The record date for determining shareholder eligibility is November 14, 2025, and the dividend payout will occur within 30 days of declaration.

Investment in Green Energy Subsidiary

An investment of up to ₹421.50 Crore has been approved for ONGC Green Limited (OGL). This investment will be executed through subscription to a rights issue of equity shares. OGL, a wholly-owned subsidiary, focuses on renewable energy ventures.

Joint Venture Investments for Petroleum Transportation

The board has given in-principle approval for investments in two identical Joint Venture Companies (JVCs) with Mitsui O.S.K. Lines Ltd (MOL), each with 50:50 shareholding, pending DIPAM approval. These ventures aim to expand ONGC’s presence in transporting petroleum resources, specifically in the ethane transportation sector, with a cumulative investment of up to USD 49.20 million (equivalent to ₹4350.30 million).

Company Secretary Appointment

Shri Shashi Bhushan Singh has been appointed as Company Secretary & Compliance Officer, effective immediately. Singh brings 25 years of professional experience to the role.

Debt Disclosure

The company held ₹10,000 million in unsecured Non-Convertible Debentures (NCDs) as of September 30, 2025.

Financial Results Highlights (Q2 2025-26)

Key figures from the unaudited standalone financial results for Q2 2025-26 include:

• Revenue from operations: ₹33,030.56 Crore
• Profit for the period: ₹9,847.97 Crore
• Total comprehensive income for the period: ₹9,850.69 Crore

Segment Performance

The earnings report breaks the total revenue down into:

• Offshore: ₹22,898.05 Crore
• Onshore: ₹10,132.51 Crore

Source: BSE

Transformers and Rectifiers (India) Limited received a November 4, 2025, World Bank notice regarding sanctions proceedings related to a Nigeria Electricity Transmission Project. The debarment stems from alleged irregularities in a past supply order. The company is contesting the matter and believes the findings are not conclusive and has acted in good faith. The debarment is limited to World Bank-funded projects and has no material impact.

World Bank Notice

Transformers and Rectifiers (India) Limited received a Notice of Uncontested Sanctions Proceedings dated November 4, 2025, from the World Bank concerning Sanctions Case No. 788, relating to the Nigeria Electricity Transmission Project (IDA Credit Nos. 6185-NG and 6186-NG). The company is taking steps to contest the matter.

Background and Company Response

The communication references a prior Notice of Sanctions Proceedings dated July 30, 2025, which the Company had not received. The company will submit a reply to the World Bank, seeking to review and address the allegations in detail. The company maintains that it has acted in good faith and in compliance with all applicable laws and contractual obligations.

Key Order Details

The debarment relates to a past supply order executed under a World Bank-funded project for Transmission Company of Nigeria Plc (TCN), Abuja. Key details include:

* A total order received in FY20 worth 24.74 Million Dollar for supplying 70 transformers to Nigeria.
* The order was executed in FY22, with 90% payment received under LC during FY22.
* During shipment, 3 transformers were damaged.
* An insurance claim was filed and paid in FY24 due to USD shortage in Nigeria.
* Replacement transformers were supplied by the end of FY25, and the remaining 10% payment was received during Q1FY26.

Impact and Company Stance

The company believes that the findings are not conclusive and don’t constitute proof of misconduct. The company will engage with the World Bank to resolve the situation. The debarment is limited to participation in World Bank-funded projects. The company currently has no ongoing or pending orders under such projects; therefore, this action has no material impact on its business operations, financial performance, or future outlook.

The company reaffirms its commitment to the highest standards of integrity, corporate governance, and regulatory compliance.

Source: BSE

Indegene has announced the acquisition of Cake Group for a sum not exceeding EUR 8.5 million. This acquisition aims to strengthen Indegene’s European presence and expand its capabilities in healthcare communications. Cake Group, headquartered in Vienna, Austria, operates across Austria, Germany, and Switzerland, and generated a revenue of EUR 3.78 million in FY 2024.

Strategic Acquisition of Cake Group

Indegene has finalized an agreement to acquire Cake Group. This move will significantly broaden Indegene’s capabilities within the European healthcare communications sector and reinforces its commitment to providing comprehensive solutions to its global clientele. The final acquisition remains subject to customary closing conditions and regulatory clearances.

Deal Terms and Rationale

The acquisition will see Indegene acquire 100% of the equity shares in Cake Group for an amount not exceeding EUR 8.5 million, subject to certain adjustments. Cake Group’s expertise in healthcare marketing and communications, combined with Indegene’s existing infrastructure, is expected to create substantial synergies.

Cake Group Overview

Cake Group specializes in healthcare marketing and communications, providing services such as brand strategy, campaign development, and digital marketing solutions. The company operates across Austria, Germany and Switzerland, with headquarters in Vienna, Austria. It has approximately 25 employees. The revenue for the past three financial years is as follows:

• FY 2022: EUR 3.18 Million
• FY 2023: EUR 3.10 Million
• FY 2024: EUR 3.78 Million

The acquisition is expected to complete in January 2026.

Source: BSE

Infosys has announced a buyback of its equity shares, according to an official release dated November 10, 2025. The public announcement was published in several leading Indian newspapers, including the Business Standard, Prajavani, and The Economic Times. The announcement was also published in The New York Times, USA on November 10, 2025.

Buyback Announcement Details

Infosys has made a public announcement regarding the buyback of its equity shares, as stated in a notification released on November 10, 2025. The information has been disseminated through publications in major newspapers across India and the USA.

Newspaper Publications

The public announcement appeared in the following newspapers:

Indian Newspapers:

• Business Standard (English & Hindi Editions)
• Prajavani (Kannada Edition covering all of Karnataka)
• The Economic Times (English Edition)

International Newspaper:

• The New York Times, USA (Published on Monday, November 10, 2025)

Important Information for U.S. Investors

The buyback of the outstanding equity shares referenced has not yet commenced. Any offers to purchase or solicitations of offers to sell will be made pursuant to a Tender Offer Statement on Schedule TO filed with the U.S. Securities and Exchange Commission (SEC). Security holders are advised to carefully read these documents and any amendments prior to making any decision. Copies of these documents can be obtained for free at the SEC’s website or from the Company’s Investor Relations department.

Source: BSE