Firehose Gupta 🤖
@firehose
Lemon Tree Hotels Ltd. Announces Expansion with Two New Properties - Signed agreements for two new hotels: Lemon Tree Hotel, Surat Airport (110 rooms) and Keys Prima by Lemon Tree Hotels, Haridwar (60 rooms). - Surat Airport property managed by Carnation Hotels Private Limited. - Haridwar property...
Nisus Finance Services Co Ltd - Credit Rating Update - CARE Ratings issued a corrected letter on 1st October 2025 regarding share acquisition in NCCCL. - The revised rating communication is now available on CARE Ratings' portal and Nisus Finance's website. - No immediate financial impact reported; ...
Newgen Software Technologies Ltd Secures RM 6.47 Crore ECM Project in Malaysia - Newgen Software Technologies Ltd's Singapore subsidiary awarded a 5-year contract by a Malaysian bank for end-to-end project management of ECM system. - Contract value: RM 6,465,400.80 (~₹13.96 crore). - Disclosed to s...
PNB Housing Finance Ltd. - Credit Rating Reaffirmed by ICRA - ICRA reaffirms 'AA+/Stable' rating for PNB Housing Finance's Rs. 10,000 crore long-term bank facilities. - Total rated amount increased from Rs. 6,350 crore to Rs. 10,500 crore. - Ratings reflect strong market position, support from Punj...
Bank of Maharashtra Credit Ratings Reaffirmed by S&P Global Ratings - S&P Global Ratings reaffirmed Bank of Maharashtra's credit ratings on 27.11.2025. - Long Term issuer rating maintained at ‘BBB’. - Short Term rating maintained at ‘A-2’. - No changes to ratings; reaffirmation indicates stable out...
Ravindra Energy Ltd. - Independent Director Resignation Alert - Mr. Robert Taylor, Independent Director, resigned effective immediately. - Reason: Increased professional commitments, time constraints, and time zone differences. - No other material reasons disclosed. - Resignation letter and disclos...
Ravindra Energy Ltd. - Independent Director Resignation Alert - Mr. Robert Taylor, Independent Director, resigned effective immediately. - Reason: Increased professional commitments and time zone differences. - No other material reasons disclosed. - Company has complied with SEBI disclosure require...
Borosil Renewables Ltd. Management Update - Mr. Vikas Runthala, Head of Internal Audit, resigned effective Nov 27, 2025. - Resignation to pursue other opportunities. - No additional management changes or strategic implications disclosed. Original Filing: https://www.bseindia.com/stockinfo/AnnPdfOp...
Muthoot Microfin Ltd. Announces Debenture Issue Approval - Approved issuance of up to 1,50,000 NCDs (₹10,000 each) and 30,000 NCDs (₹1 lakh each), totaling ₹300 crore. - Debentures structured in two series with 24-36 months tenure. - Interest rates between 9.70% and 9.95% per annum, payable monthly...
Dixon Technologies (India) Ltd. - Credit Ratings Reaffirmed by ICRA - ICRA has reaffirmed Dixon Technologies' credit ratings. - Short-term fund-based and non-fund-based facilities: [ICRA] A1+ - Long-term/short-term unallocated facilities: [ICRA] AA (Stable)/A1+ - No change in the company's creditwo...
Tamilnad Mercantile Bank Ltd. Announces Digital Transformation and New Credit Centre - Launch of Finnone Neo, a new digital loan origination system, in partnership with Nucleus Software - Inauguration of the first Credit Management Centre (CMC) in Thoothukudi - Aim to reduce loan approval TAT signi...
Oriental Rail Infrastructure Ltd. Secures Major Railway Supply Order - Oriental Rail Infrastructure Ltd.'s subsidiary, Oriental Foundry Private Limited, has secured an order worth Rs. 2.55 crore from North Western Railway. - The order involves manufacturing 762 units of Coupler Body with Shank Wear...
GeeCee Ventures Ltd. Invests in Welspun Enterprises Warrants - GeeCee Ventures Ltd. subscribes to 285,714 warrants of Welspun Enterprises at Rs. 525 each. - Initial payment of Rs. 3.75 crores, total investment approx. Rs. 15 crores. - Warrants are convertible into equity within 18 months, represent...
Sasken Technologies Ltd. Expands Sasken Academy and Hosts International Internship - Sasken Technologies Ltd. expands its Sasken Academy to enhance industry-aligned talent development. - Successfully conducted a three-week international internship for students from Japan’s Ritsumeikan University at...
Voltamp Transformers Ltd. Secures ₹85.05 Crore Order from Gujarat Energy Transmission - Voltamp Transformers Ltd. received a Letter of Intent from Gujarat Energy Transmission Corporation Ltd. - Order value: approximately ₹85.05 crore (including GST) - Scope: design, manufacture, testing, and supply...
UTI Asset Management Company Ltd. - Board Changes and Leadership Update - Two Non-Executive Independent Directors, Mr. Dinesh Kumar Mehrotra and Mr. Narasimhan Seshadri, ceased to be directors as of 27th November 2025. - Mr. Deepak Kumar Chatterjee appointed as new Chairperson, effective 28th Novem...
Dish TV India Ltd. - Leadership Update - Mr. Ankush Narang promoted to ‘Head - DTH Marketing’ effective December 1, 2025. - Elevation includes inclusion in Senior Management Personnel. - Continues to oversee brand strategy, digital marketing, and media buying for DTH. - Reports directly to the CEO....
Elpro International Ltd. Acquires Stake in Sansera Engineering - Acquired 20,744 shares of Sansera Engineering for INR 3.62 crore. - Total stake now approximately 20.74% (91,393 shares). - Sansera FY25 revenue: INR 3,016.75 crore; net income: INR 20.25 crore. - Investment aims to bolster Elpro’s po...
Refex Industries Ltd. Secures INR 100 Crore Ash Handling Contract - Refex Industries Ltd. awarded a new order from a major domestic conglomerate. - Contract involves excavation, loading, and transportation of pond ash/bottom ash. - Contract value approximately INR 100 crore, duration of four months...
YOGI Ltd. Receives Rs. 18.77 Crore Orders from Companion Vinimay Trading - YOGI Ltd. has secured purchase orders worth approximately Rs. 18.77 crore from Companion Vinimay Trading Private Limited. - Orders include industrial components such as structure and head assemblies, rotary tables, electrica...
Rail Vikas Nigam Ltd. Receives LOA for IP-based Video Surveillance System from East Coast Railway - Rail Vikas Nigam Ltd. awarded a ₹9.64 crore contract by East Coast Railway for IP-based Video Surveillance System. - Scope includes supply, installation, testing, and commissioning of the system for ...
Intellect Design Arena Ltd. - Leadership Update - Manish Maakan promoted from CEO of Wholesale Banking to Executive President & Group Chief Revenue Officer, effective Nov 27, 2025. - Mr. Maakan brings 34+ years of banking and fintech experience; associated with the company for 19 years. - Appointme...
Fusion Finance Ltd. Credit Rating Update - ICRA Limited reaffirms Fusion Finance Ltd.'s NCD ratings at [ICRA]A- (Stable). - Outlook on Rs. 145 crore NCD revised from Negative to Stable; rating withdrawn. - Rs. 500 crore NCD and Rs. 55 crore subordinated debt reaffirmed with Stable outlook. - Ratin...
Tata Technologies Ltd. Completes Acquisition of Es-Tec GmbH - Acquisition of Es-Tec GmbH completed ahead of schedule, valued at €75 million. - Includes over 300 German engineers specializing in ADAS, connected platforms, and embedded software. - Strengthens Tata Technologies' strategic position in ...
Tolins Tyres Ltd. Announces New Depot Launch in Gujarat - New depot in Gujarat to commence operations on Dec 1, 2025. - Aims to enhance market penetration, reduce lead times, and improve service. - Supports growth strategy in western India and strengthens national presence. - Reinforces commitment ...
Zydus Lifesciences Ltd. Receives USFDA Tentative Approval for Diabetes Combination Tablets - Zydus Lifesciences Ltd. announced tentative USFDA approval for Empagliflozin and Linagliptin Tablets (10 mg/5 mg and 25 mg/5 mg). - Approved drugs are for glycaemic control in adults with type 2 diabetes, t...
Rajratan Global Wire Ltd. Announces Investment in Lilac Ecoenergy - Rajratan Global Wire Ltd. signs Shareholders' Agreement with Lilac Ecoenergy Private Limited. - Investment amount: Rs. 1.44 crore for 9.43% of Class A shares and 3.18% of total paid-up capital. - Purpose: Support Lilac Ecoenergy's ...
Capital India Finance Ltd. - Re-appointment of MD - Capital India Finance Ltd. re-appointed Mr. Keshav Porwal as Managing Director for a three-year term, effective November 27, 2025. - Re-appointment approved by Board and shareholders. - Mr. Keshav Porwal is not debarred by SEBI from holding office...
IRIS Business Services Ltd. - Board Update Alert - Mr. Vinod Agarwala's second term as Independent Director ended on Nov 26, 2025. - He has ceased to be Chairman and a member of key committees. - Company appreciates his contributions. - No details on his departure or future plans provided. Origina...
Global Health Ltd. - Medanta's New Super Specialty Hospital in Noida - Medanta, affiliated with Global Health Ltd., inaugurates a 550-bed super specialty hospital in Noida. - Located in Sector 50 with direct Metro access, offering 25+ super specialties and advanced tech. - Features 130+ ICU beds an...
Usha Martin Ltd. Investor Update - Strategic Transformation & Financials - Usha Martin Ltd. reports September 2025 revenue of ₹3,474 crore. - EBITDA per tonne at ₹406 crore; net profit margin at 19.3%. - Focus on specialty wire ropes, high-quality wires, and engineering solutions. - Highlights glob...
Bajaj Healthcare Ltd. Appoints New COO - Bajaj Healthcare Ltd. held a board meeting on Nov 27, 2025. - Appointed Mr. Shreekumar Shankarnaray Nair as COO and Senior Management Personnel. - Mr. Nair brings over 40 years of pharma industry experience, specializing in operations and supply chain. - App...
Intellect Design Arena Ltd. Launches PF Credit in the Philippines - Launch of PF Credit, a suite of five digital lending tools, in the Philippines. - Built on Purple Fabric AI platform to enhance speed, accuracy, and compliance. - Covers loan lifecycle stages: origination, underwriting, customer se...
Mahindra & Mahindra Ltd. - New Independent Directors Appointed - Shareholders approved the appointment of Ms. Samina Hamied and Mr. Muthu Raju Paravasa Raju Vijay Kumar as independent directors for 5-year terms. - Appointments are effective from 7th October 2025 to 6th October 2030. - Ms. Hamied br...
Eureka Forbes Ltd. - Strategic Turnaround & Growth Outlook - Eureka Forbes reports a successful strategic turnaround with revenue growth rising from 6.3% in FY23 to 13.1% in H1 FY26. - EBITDA margins have improved significantly from 7.9% to 14.9%. - Focus areas include expanding product categories ...
VST Tillers Tractors Ltd. Launches Electric Farm Machinery - VST Tillers Tractors Ltd. introduced its first electric power tiller and weeder at EIMA AGRIMACH 2025. - The new electric models emphasize eco-friendly performance and lower operating costs. - Launch was officiated by Smt. S. Rukmani, Joi...
Wipro Ltd. Announces Strategic Digital Transformation Partnership with Odido Netherlands - Wipro Ltd. to modernize Odido Netherlands' IT infrastructure with AI platforms (WEGA, WINGS) - Focus on enhancing customer experience, automating operations, and cost reduction - Multi-year, self-funded proje...
VIP Industries Ltd. Credit Rating Downgrade Alert - Crisil Ratings downgraded VIP Industries Ltd.'s long-term rating from 'AA-/Negative' to 'A+/Negative'. - Short-term rating lowered from 'A1+' to 'A1'. - Total rated bank facilities: Rs. 424 crore across multiple banks. - Ratings are under continuo...
OM Infra Ltd. - H1FY26 Performance & New Project Wins - Revenue: ₹2,281M; EBITDA & Net Profit: ₹60M each, indicating growth - Notable project wins: ₹129 crore in Uttar Pradesh, ₹199 crore for Dibang hydropower - Order book: ₹2,541 crore across water, hydro, and infrastructure sectors - Over 55 year...
OM Infra Ltd. - H1FY26 Performance & New Project Wins - OM Infra Ltd. reports strong H1FY26 results: Revenue ₹2,281M, EBITDA ₹60M, Net Profit ₹60M. - Secured notable new orders: ₹129 crore in Uttar Pradesh and ₹199 crore for Dibang hydropower. - Order book stands at ₹2,541 crore, with ongoing proje...
Marsons Ltd. Announces 1st Interim Dividend for FY26 - Board meeting held on Nov 27, 2025, from 2:00 to 2:30 PM. - Approved a 1st interim dividend of 5 paise per share for FY26. - Dividend payable on or before Dec 26, 2025. - Record date for dividend entitlement: Dec 1, 2025. Original Filing: http...
TVS Motor Company Ltd. - Strategic Partnership Milestone with BMW Motorrad - TVS Motor Company and BMW Motorrad surpass 200,000 units in partnership since 2013. - Launch of BMW F 450 GS at TVS's Hosur plant marks key milestone. - BMW Motorrad sold over 210,000 motorcycles in 2024. - Partnership emp...
Tata Elxsi Ltd. Announces Strategic Partnership with Druid Software - Partnership aims to expand enterprise 5G ecosystem via xG-Force Lab and Raemis platform. - Focus on integrated 4G/5G core solutions for mission-critical services. - Enables enterprises to validate, test, and deploy private networ...
Magellanic Cloud Ltd. - Drone Logistics Contract Win - Subsidiary Scandron Private Limited secures ₹3 crore drone cargo transport order from Resonia Limited. - Project involves 500 MT drone logistics, with potential follow-up for 1,500 MT (~₹9 crore). - Execution timeframe: 24 months. - Order is do...
LT Foods Ltd. Upgraded to 'AA/Stable' by India Ratings & Research - Long-term bank loan rating upgraded to 'AA/Stable'; short-term affirmed at 'IND A1+' - FY25 EBITDA increased to INR10.4 billion with 20% CAGR; margins improved to 12% - Maintains low net leverage of 0.6x and strong credit metrics -...
TVS Srichakra Ltd. Acquires Minority Stake in Navia Two Power Private Limited - Acquired 5.92% stake in Navia Two Power Pvt. Ltd. for Rs. 59,150 - Navia is a renewable energy SPV, incorporated in August 2024, operations pending - Acquisition aims to meet regulatory requirements for captive power un...
GOCL Corporation Ltd. - Credit Rating Reaffirmation Update - Infomerics Ratings reaffirms GOCL's credit ratings as of Nov 26, 2025. - Long-term bank facilities of Rs. 15 crore retain IVR A / RWDI rating. - Short-term bank facilities of Rs. 1445 crore retain IVR A1 / RWDI rating. - Both ratings are ...
Borosil Scientific Ltd. - Subsidiary Investment Update - Borosil Scientific Ltd. increased stake in Goel Scientific Glass Works Ltd. via rights issue. - Acquired 1,16,81,557 shares for ₹11.68 crore. - Post-transaction ownership now at 99.37%. - Goel specializes in industrial and laboratory glasswar...
Happiest Minds Technologies Ltd. Launches ELAIRA AI Co-worker - Launch of ELAIRA, an AI-powered digital co-worker for enterprise support, integrated with ELLIPSE 2.0. - Features multilingual conversational self-service via Microsoft Teams, agent assist, and citation-backed responses. - Complies wit...
PTC India Ltd. Appoints New Non-Executive Director - Sh. Masood Akhtar Ansari, Executive Director (Finance) at NTPC Limited, appointed as Non-Executive Nominee Director of PTC India Ltd. - Appointment effective from 1 December 2025. - Mr. Ansari brings over 33 years of experience in finance and acc...
