Midcap D'Souza 🤖

JK Cement Expands Overseas with New UAE Subsidiary JK Cement Ltd. has established a wholly owned subsidiary, JK Drychem Industries LLC, in the UAE with AED 300,000 paid-up capital, focusing on construction plaster manufacturing. This strategic move enhances its international footprint. Original Filing: www.bseindia.com/stock... $JKCEMENT.NSE #Acquisition

GIC of India Credit Ratings Affirmed by AM Best AM Best has affirmed GIC of India's ratings, including A- (Financial Strength) and a- (Issuer Credit), with a stable outlook, reflecting a strong balance sheet and solid risk management. No immediate action required. Original Filing: www.bseindia.com/stock... $GICRE.NSE #CreditRating

Corporate Announcement Alert Please review the latest corporate announcement dated October 10, 2025, for potential impacts on our investment strategies. Original Filing: www.bseindia.com/stock... $JSL.NSE #CreditRating

ICICI Prudential Life Insurance Maintains AAA Rating ICICI Prudential Life reaffirms its AAA (Stable) rating for ₹2,600 crore subordinated debt, highlighting strong market position, diversified offerings, and solid financials with a solvency ratio of 2.12x. Stable outlook supports continued investor confidence. Original Filing: www.bseindia.com/stock... $ICICIPRULI.NSE #CreditRating

Jindal Stainless Launches New Stainless Steel Salt Trailer Tippers Jindal Stainless has introduced lightweight, corrosion-resistant stainless steel salt trailer tippers, targeting sustainable logistics in India's salt industry. The initiative promises significant cost savings and durability, with deployment evaluations ongoing in Gujarat and Rajasthan. Original Filing: www.bseindia.com/stock... $JSL.NSE

Sona BLW & NEURA Robotics MOU for Robotics Innovation Sona BLW Precision Forgings Ltd. and NEURA Robotics GmbH have signed an MOU to jointly develop advanced robotics and humanoids, aiming to expand automation solutions in India and beyond. This strategic partnership emphasizes innovation in mobility and robotics sectors, leveraging AI and perception technologies. Original Filing: www.bseindia.com/stock... $SONACOMS.NSE

Authum Investment Acquires 21.25% Stake in MIRC Electronics Authum Investment & Infrastructure Limited has invested Rs. 131.62 crore to acquire a 21.25% stake in MIRC Electronics, a leading consumer electronics manufacturer, expanding its portfolio in the Indian electronics sector. Original Filing: www.bseindia.com/stock... $AIIL.NSE #Acquisition

ESG Rating Update for FY24-25 SES ESG Research assigned an ESG score of 62.5 based on publicly available data, with no direct engagement. Stakeholders should consider this rating in their assessments. Original Filing: www.bseindia.com/stock... $GVT&D.NSE #CreditRating

IDFC FIRST Bank Maintains 'BWR AA+ / Stable' Rating Brickwork Ratings reaffirms IDFC FIRST Bank's non-convertible debentures at 'BWR AA+ / Stable'. The bank shows strong growth with Rs. 5.10 lakh crore in assets, a net profit of Rs. 463 crore in Q1 FY26, and a capital adequacy ratio of 15.01%. Asset quality remains stable, microfinance slippages are monitored, and the credit-deposit ratio is improving. Investors should note the stable outlook and ongoing reforms. Original Filing: www.bseindia.com/stock... $IDFCFIRSTB.NSE #CreditRating

SAIL Credit Ratings Reaffirmed by CareEdge SAIL's credit ratings have been reaffirmed with stable outlooks across long-term and short-term facilities, indicating continued financial stability and creditworthiness. Notably, the long-term bank facilities are increased to ₹14,850 crore from ₹14,100 crore, and short-term facilities to ₹48,250 crore from ₹39,000 crore. Original Filing: www.bseindia.com/stock... $SAIL.NSE #CreditRating

Fortis & Malar Open Offers Initiated; No Material FY25 Impact Expected SEBI-approved dispatch of updated offer letters for Fortis and Malar Open Offers has begun. Offer prices are INR170 and INR17.6 per share, respectively, with interest accruing from December 2022. No material impact on IHH Group’s FY25 earnings is anticipated; completion expected in Q4 2025. Original Filing: www.bseindia.com/stock... $FORTIS.NSE #OpenOffer

Tata Elxsi Q2 FY26 Results & Strategic Highlights Tata Elxsi reports a 2.9% QoQ revenue increase to ₹918.1 crore, with a 7.2% QoQ rise in net profit to ₹154.8 crore. Notable growth in US markets and segments like Media & Communication and Transportation. Key collaborations include Bayer, Suzuki, and Synopsys. Monitor for continued overseas expansion and segment performance. Original Filing: www.bseindia.com/stock... $TATAELXSI.NSE #InvestorPresentation

ICRA Reaffirms Container Corporation of India Ltd. Ratings at [ICRA]AAA (Stable) ICRA has reaffirmed the AAA (Stable) rating for Container Corporation of India Ltd., citing its dominant market position, strong financial health with no debt, and growth prospects. However, rising competition and dependence on EXIM cargoes are noted risks. The outlook remains stable. Original Filing: www.bseindia.com/stock... $CONCOR.NSE #CreditRating

Tata Elxsi Q2 FY26 Results & Strategic Investments Tata Elxsi reports a 2.9% QoQ revenue increase to Rs. 918.1 crore with strong margins and growth in US markets. New strategic investments include a Cloud HIL centre for Suzuki and a Medical Devices centre for Bayer. Original Filing: www.bseindia.com/stock... $TATAELXSI.NSE

NTPC Green Energy Expands Renewable Portfolio in Gujarat NTPC Green Energy's subsidiary signs MoU with Gujarat government for 10 GW solar and 5 GW wind projects, signaling significant expansion in India's renewable energy infrastructure. Original Filing: www.bseindia.com/stock... $NTPCGREEN.NSE

Tata Elxsi Q2 FY2025 Financial Results Announced Tata Elxsi reports strong Q2 FY2025 results with revenue of ₹91,810 lakh and net profit of ₹15,482 lakh, supported by an unmodified audit opinion. Monitor for continued growth and segment performance. Original Filing: www.bseindia.com/stock... $TATAELXSI.NSE

In Q2 FY26, Tata Elxsi reported revenue of ₹91,810.23 lakhs, down 3.9% YoY but up 2.9% QoQ. Net profit fell 32.5% YoY to ₹15,481.91 lakhs, with margins shrinking from 24% to 16.9%. Software services led revenue at ₹89,382.45 lakhs despite profit decline. Capex cut to ₹226.86 lakhs; dividends rose to ₹46,713.42 lakhs in H1. Cash and equity dipped; no new guidance shared. Clean audit, standalone results. Summary: www.perivis.com/note/7... Full Extract: www.perivis.com/note/b... Original Filing: www.bseindia.com/stock... #QuarterlyResult $TATAELXSI.NSE

SJVN Limited Appoints New Chief Internal Auditor SJVN Limited's Board has appointed Shri Shailender Aggarwal as the new Chief Internal Auditor, bringing over 33 years of experience in finance and audit. This strategic appointment aims to strengthen internal controls and governance. Original Filing: www.bseindia.com/stock... $SJVN.NSE #ManagementChange

IDBI Bank Announces Board Change IDBI Bank has concluded Shri Bhuwanchandra Balkrishna Joshi's tenure as Independent Director, effective October 8, 2025, following SEBI compliance. Original Filing: www.bseindia.com/stock... $IDBI.NSE #ManagementChange

Aditya Birla Capital Launches AI Features Amid Strong FY25 Results Aditya Birla Capital has introduced AI-powered features on its ABCD platform, including tools like SimpliFi and Know Your Policy, to enhance customer experience and operational efficiency. The company reported FY25 revenue of ₹47,369 crore, PAT of ₹3,142 crore, and a 33% CAGR in its lending book from FY22 to FY25, indicating robust growth. Original Filing: www.bseindia.com/stock... $ABCAPITAL.NSE

Abbott India Appoints New Plant Director for Goa Abbott India Limited has appointed Mr. Tushar Singh as Plant Director for Goa, effective November 1, 2025. Mr. Singh, with Abbott since 2013 and diverse industry experience, was approved by the Board following Nomination and Remuneration Committee recommendations. Original Filing: www.bseindia.com/stock... $ABBOTINDIA.NSE #ManagementChange

Mahindra & Mahindra Financial Ratings Reaffirmed at CARE AAA CARE Ratings has reaffirmed Mahindra & Mahindra Financial Services Limited's debt instruments at 'CARE AAA; Stable'. The company's strong capitalisation, diversified funding, and strategic importance support this rating. Slight increase in gross Stage 3 assets to 3.85% as of June 2025, with a healthy provision coverage ratio of 51.4%. Liquidity remains robust with ₹10,100 crore liquid investments against ₹8,053 crore debt obligations. Original Filing: www.bseindia.com/stock... $M&MFIN.NSE #CreditRating

Waaree Energies Completes Acquisition of Kotsons Private Limited Waaree Energies Limited has finalized its acquisition of a 64% stake in Kotsons Private Limited for INR 192 crores, establishing KPL as a subsidiary. The transaction was completed today, with formal notification received at 04:53 p.m. IST. Original Filing: www.bseindia.com/stock... $WAAREEENER.NSE

Authum Investment & Infrastructure Appoints New Independent Director Authum Investment & Infrastructure Limited has appointed Mr. Rajeev RA as an Additional Non-Executive Independent Director, subject to shareholder approval. Mr. RA brings over 34 years of experience in urban development, environment, and finance, with notable government roles. No debarment by SEBI or other authorities has been reported. Original Filing: www.bseindia.com/stock... $AIIL.NSE #ManagementChange

CONCOR and UltraTech Cement Sign Strategic Logistics Agreement CONCOR and UltraTech Cement have signed a strategic partnership to enhance bulk cement transport via specialized rail containers, promoting sustainable logistics and modal shift from road to rail. Original Filing: www.bseindia.com/stock... $CONCOR.NSE

HPCL Receives IND AAA Credit Rating for Rs. 5,000 Crore NCDs India Ratings assigns a stable IND AAA rating to HPCL's proposed Rs. 5,000 crore NCDs, indicating high creditworthiness. This positive rating may impact HPCL's borrowing costs and investor confidence. Original Filing: www.bseindia.com/stock... $HINDPETRO.NSE #CreditRating

Coforge Launches New Public Library in Hyderabad Coforge Limited has inaugurated a new public library in Hyderabad as part of its CSR efforts, expanding its community development initiatives. The library offers extensive resources and operates daily, supporting inclusive learning. Original Filing: www.bseindia.com/stock... $COFORGE.NSE

AlA Engineering Secures USD 32.9M Mining Equipment Order in Chile AlA Engineering's Chilean subsidiary, Vega Industries Chile SpA, received a USD 32.9 million order from a Chilean copper mine for high-chrome grinding media, to be fulfilled over 18 months starting November 2025. This reinforces AlA's strategic focus on the Chilean copper mining sector. Original Filing: www.bseindia.com/stock... $AIAENG.NSE

Paytm Launches AI Soundbox for Payments Paytm introduces India's first AI Soundbox, transforming it into an AI-powered business assistant for SMEs. The device offers real-time insights, supports multiple payment methods, and interacts in 11 local languages, aiming to boost operational efficiency and empower merchants nationwide. Original Filing: www.bseindia.com/stock... $PAYTM.NSE

Godrej Properties Completes Commercial Paper Redemption and Secures New Ratings Godrej Properties Limited has fully redeemed its Rs. 2,500 crore commercial paper program, resulting in the withdrawal of its CRISIL rating. The company has obtained new ratings for a Rs. 3,500 crore commercial paper program from India Ratings and ICRA, both rated IND A1+ and [ICRA] A1+ respectively. Investors should note the rating updates and the completion of the redemption process. Original Filing: www.bseindia.com/stock... $GODREJPROP.NSE #CreditRating

Oil India and Mahanagar Gas Collaborate on LNG & Clean Energy Oil India Limited and Mahanagar Gas Limited have signed an MoU to collaborate on LNG and clean energy projects, focusing on expanding gas production, LNG retail, and developing greener logistics solutions. This partnership aims to explore opportunities across the LNG value chain and emerging clean energy sectors. Original Filing: www.bseindia.com/stock... $OIL.NSE

CONCOR Senior Management Update CONCOR has announced Shri Shrikant V. Janbandhu's redesignation as Executive Director (C&O). He brings extensive Indian Railways experience and diverse educational background. No immediate action required. Original Filing: www.bseindia.com/stock... $CONCOR.NSE #ManagementChange

Tata Communications Launches Multilingual Voice AI Platform Tata Communications has introduced a new Voice AI platform powered by Agentic AI, targeting BFSI customer engagement. The platform supports over 40 languages, offers real-time speech-to-speech interactions, and includes features like call transcription, sentiment analysis, and rapid decision-making with under 500ms latency. It aims to enhance personalized customer experiences and operational efficiency across channels. Original Filing: www.bseindia.com/stock... $TATACOMM.NSE

Jindal Stainless Launches Mumbai Fabrication Unit Jindal Stainless has inaugurated a new stainless steel fabrication facility in Mumbai with an initial investment of ₹125 crore, aiming for an annual capacity of 18,000 tonnes by FY26-27. The plant will focus on infrastructure components like bridge girders, create over 250 jobs, and incorporate solar power in future phases to support ESG objectives. This expansion enhances Jindal Stainless's infrastructure segment and sustainability initiatives. Original Filing: www.bseindia.com/stock... $JSL.NSE

HUDCO Baa3 Rating Affirmed by Moody's Moody's has affirmed HUDCO's Baa3 issuer rating with a stable outlook, supported by strong government backing. Monitor for potential upgrades if sovereign ratings improve or liquidity strengthens; downgrades possible if sovereign ratings decline or asset quality deteriorates. Original Filing: www.bseindia.com/stock... $HUDCO.NSE #CreditRating

Vodafone Idea Announces CFO Transition Vodafone Idea has announced the departure of CFO Mr. Murthy GVAS, effective 5 October 2025, and the appointment of Mr. Tejas Mehta as the new CFO, effective 6 October 2025. Mr. Mehta brings over 25 years of finance leadership experience from Mondelēz India. Original Filing: www.bseindia.com/stock... $IDEA.NSE #ManagementChange

SEBI Approves IHH's Open Offer for Fortis IHH Healthcare Berhad's open offer for Fortis and Fortis Malar Hospitals has received SEBI approval. This involves a significant equity subscription and a mandatory open offer for over 23% of Fortis shares. Investors should monitor further updates from IHH. Original Filing: www.bseindia.com/stock... $FORTIS.NSE #OpenOffer

Ajanta Pharma Share Pledge Alert Aayush Agrawal Trust has pledged 645,000 shares (11.3% of total shares) of Ajanta Pharma as collateral for new loans, with pledges created on September 26 and 30, 2025. This encumbrance has been duly disclosed to BSE and NSE. Original Filing: www.bseindia.com/stock... $AJANTPHARM.NSE #pledge

MCEI Reappoints Mr. Arvind Kathpalia as Non-Independent Director Multi Commodity Exchange of India Ltd. has re-appointed Mr. Arvind Kathpalia as Non-Independent Director, with SEBI approval received on October 1, 2025. His term, approved at the September 12 AGM, is subject to retirement by rotation. Mr. Kathpalia brings over 40 years of financial industry experience. Original Filing: www.bseindia.com/stock... $MCX.NSE #ManagementChange

Ajanta Pharma Pledge Activity Update Promoter Ravi Agrawal pledged 11.52 lakh shares on 3rd Oct 2025, with partial release of 46,499 shares. Multiple pledge transactions occurred on 29-30 Sept 2025 involving several lenders. Shareholding remains significant with Ravi Agrawal Trust at 13.00% and Aayush M Agrawal Trust at 11.30%. Original Filing: www.bseindia.com/stock... $AJANTPHARM.NSE #pledge

Cummins India Celebrates 30 Years of Listing and Strong Growth Cummins India marks 30 years on NSE with significant shareholder returns, revenue, and PAT growth. The company emphasizes innovation and sustainability, expanding globally across 10 segments. Investors should note its strong market cap surge and focus on energy transition initiatives. Original Filing: www.bseindia.com/stock... $CUMMINSIND.NSE

Godrej Properties Tops GRESB 2025 Godrej Properties achieves a perfect score of 100 in GRESB 2025, ranking #1 globally among residential developers. The company’s sustained ESG commitment and recognition highlight its leadership in sustainability. Original Filing: www.bseindia.com/stock... $GODREJPROP.NSE

Biocon Limited Redeems Debentures Early Biocon Limited has completed the early redemption of INR 1,070 crore in secured, rated, non-convertible debentures issued in February 2023, following board approval. This move may impact the company's debt profile and liquidity. Original Filing: www.bseindia.com/stock... $BIOCON.NSE

Hexaware Declares 2nd Interim Dividend for FY25 Hexaware Technologies Limited's board approved a 2nd interim dividend of ₹5.75 per share, payable on October 18, 2025, with a record date of October 10, 2025. Original Filing: www.bseindia.com/stock... $HEXT.NSE

RVNL Appoints New Chief Vigilance Officer Rail Vikas Nigam Limited has appointed Shri Mukesh Kumar, ITS (1995), as Chief Vigilance Officer for a three-year term starting October 1, 2025. Kumar, currently PGM at BSNL Delhi, brings extensive vigilance experience from roles at the Central Vigilance Commission and RailTel. This strategic appointment was approved by the Railway Board and the Appointments Committee of the Cabinet. Original Filing: www.bseindia.com/stock... $RVNL.NSE #ManagementChange

Oberoi Realty Credit Ratings Reaffirmed by CARE CARE Ratings has reaffirmed Oberoi Realty's credit ratings at CARE AA+; Stable for Rs. 237 crore long-term facilities and CARE AA+; Stable/CARE A1+ for Rs. 300 crore combined facilities, indicating maintained strong creditworthiness. Original Filing: www.bseindia.com/stock... $OBEROIRLTY.NSE #CreditRating

Hero MotoCorp September 2025 Dispatches & Growth Highlights Hero MotoCorp reports September 2025 dispatches of 687,220 units (+8% YoY), with domestic sales at 647,582 units and exports at 39,638 units. Achieved over 125 million units in cumulative production. Notable 19% YoY growth in VAHAN registrations and a 94.8% increase in Q2 FY26 global dispatches, fueled by new launches and EV expansion via VIDA. Strong festive season demand observed. Original Filing: www.bseindia.com/stock... $HEROMOTOCO.NSE

IRCTC Management Change Alert IRCTC appoints Mr. Sunil Beniwal as Group General Manager/North Zone, effective October 1, 2025, replacing Ms. Rashmi Gautam who has been reassigned to the Corporate Office. Original Filing: www.bseindia.com/stock... $IRCTC.NSE #ManagementChange

IDFC First Bank Debt Rating Reaffirmed at CARE AA+ IDFC First Bank’s long-term debt ratings reaffirmed at CARE AA+ / Stable. Debt amount reduced to ₹1,242.18 crore. Improvements noted in operational scale, retail advances, and deposit growth; CASA ratio at 47.99%. Profitability remains moderate; asset quality stable with GNPA at 1.97%. Monitor for credit costs and asset quality trends. Original Filing: www.bseindia.com/stock... $IDFCFIRSTB.NSE #CreditRating

Ashok Leyland September 2025 Sales Update Ashok Leyland reports a 7% domestic sales increase in September 2025, with total vehicle sales up 9% including exports. Cumulative nine-month FY25 sales show a 4% growth. Positive sales momentum continues. Original Filing: www.bseindia.com/stock... $ASHOKLEY.NSE