Kajaria Ceramics schedules investor call on Dec 22, 2025, to address fraud in its subsidiary.
Organized by Nuvama Wealth Management, the call will include senior management and starts at 11:00 AM IST.
Source: BSE
Liberty Shoes' credit ratings reaffirmed by CARE: Short-term at A2, long-term at BBB with Stable outlook.
The ratings reflect stable financial performance, aiding favorable credit terms and financial flexibility.
Source: BSE
Emmvee's subsidiary launched a 2.5 GW solar module line in Bengaluru.
This expansion raises total solar module capacity to 10.3 GW.
Source: ScoutQuest
Archean Chemical loaned Rs.300 Cr to subsidiary for semiconductor project.
Outstanding loan is Rs.157 Cr; repayment starts FY 2029-30 at 7.5% interest.
Source: ScoutQuest
PBM Polytex disclosed a land sale of 11,800 sq.m. for Rs. 62.3 Cr, delayed due to oversight.
Sale approved Nov 14, agreement Dec 12, disclosed Dec 17; firm vows better internal controls.
Source: ScoutQuest
Ahluwalia Contracts' credit ratings reaffirmed by CARE Ratings for FY25 audited and FY26 unaudited data.
Long-term facilities rated CARE AA (Stable); short-term rated CARE A1 by CARE Ratings.
Source: BSE
Bajaj Electricals CFO, E C Prasad, resigns earlier than planned, now Dec 31, 2025.
Board approved early relieving, waiving notice period for transparency compliance.
Source: ScoutQuest
Baazar Style Retail opens Express Baazar store in Nagaon, Assam.
Total store count reaches 252, reflecting retail sector expansion.
Source: ScoutQuest
Infosys clarified a 40% ADR surge, stating no material events under SEBI regulations.
Infosys settled class action lawsuits, agreeing to pay $17.5M; shares rose 0.7% to ₹1,638.
Source: CNBC TV 18
CRISIL reaffirmed Ramkrishna Forgings' long-term rating at Crisil AA- Negative.
Short-term rating remains at Crisil A1; watch status resolved due to improved controls.
Source: ScoutQuest
Tata Steel, FSN E-Commerce, Shaily Engineer, and Orissa Minerals excel in Sep 2025 earnings.
3,990 stocks reported, showcasing diverse performance across sectors and market capitalisations.
Source: Marketsmojo
CRISIL reaffirmed Bajel Projects Ltd's credit ratings: Long-term Crisil A/Stable, Short-term Crisil A1.
Rated bank loan facilities increased to ₹3000 Cr from ₹2500 Cr as per SEBI regulations.
Source: BSE
ICICI Prudential Life Insurance received a GST order for FY2022 from Telangana's Additional Commissioner on Dec 19, 2025.
The order demands GST of ₹171.1M and a penalty of ₹17.1M; ICICI Prudential plans to appeal.
Source: BSE
MRC Agrotech faces SARFAESI Act demand notices for overdue loans.
Borrower properties may be possessed and auctioned; public cautioned on dealings.
Source: ScoutQuest
MRC Agrotech revises fund utilization from preferential issue; Rs 428.59 lakh allocated to working capital, R&D, and corporate uses.
No repayment of borrowings from proceeds; Rs 4.28 crore preferential issue remains unchanged.
Source: ScoutQuest
JM Financial Ltd disclosed no encumbrances by promoters during FY 2022-23 under SEBI Takeover Regulations.
The declaration was made by JM Financial Investment Consultancy Services, a promoter of JM Financial Ltd.
Source: BSE
Akzo Nobel India received an order from West Bengal GST Dept on Dec 19, 2025.
The order demands Rs. 67.3L, including tax, interest, and penalty, open for further submissions.
Source: BSE
PDS Ltd appoints a CEO for manufacturing to enhance growth and operations.
Manufacturing revenue grew from ₹285cr in FY21 to ₹788cr in FY25.
Source: ScoutQuest
Jayaswal Neco Industries Ltd disclosed a release of pledged equity shares under SEBI (SAST) Regulations, 2011.
Promoters hold 55.1% equity; total share capital remains unchanged at 97.1 crore shares post-pledge release.
Source: BSE
Indian API makers like Divi's, Laurus, and Neuland are gaining prominence in the global API market amid China's supply disruptions.
Divi's Labs saw a 19.3% revenue growth in FY25, while Laurus and Neuland posted strong Q2FY26 performance with robust profit growth.
Source: Financial Express
Shoppers Stop's subsidiary, Global SS Beauty Brands, completed the transfer of 40,000 OCDs in Pahadi Goodness to Augusta Consultants for Rs. 3 crore.
The divestment aligns with the company's strategic focus on core business areas with no material impact on financials or operations.
Source: BSE
GST authority issued INR 2.96 Cr tax shortfall order against Sterling and Wilson Renewable Energy.
Period April 2018-March 2023 covered; indemnity by Reliance New Energy, Shapoorji Pallonji, and Mr. Daruvala.
Source: ScoutQuest
Infosys settled US class action lawsuits; McCamish Systems to pay $17.5M.
Court approved settlement effective Dec 18, 2025, if no appeal in 30 days.
Source: ScoutQuest
Reliance Industries raises RCPL's authorised share capital to Rs 10,000 crore for expansion.
RCPL's filings to RoC reveal this significant increase, indicating upcoming equity investment.
Source: The Economic Times
JSW Energy to acquire GE's thermal boiler plant in Durgapur, the only such facility in eastern India.
GE exits thermal boiler business globally; Durgapur sale aligns with its strategy, as per JSW Energy CEO.
Source: The Times of India
Supreme Court rules non-compete fees as revenue expenditure, allowing tax deduction under IT Act 1961.
Sharp's 3 crore payment to L&T deemed not capital expenditure; ruling impacts corporate tax in mergers and JVs.
Source: CNBC TV18
Prakash Pipes declared a 10 dividend, ex-date set for Dec 24, 2025.
Recent returns are negative short-term; 5-year total return stands at 159.9%.
Source: Marketsmojo
MUFG's ₹39,620 crore acquisition of 20% in Shriram Finance highlights India's strong financial sector. Adani plans airport expansion and nuclear energy foray.
ICICI Prudential AMC gets bullish call with 34% upside. Krafton, Mirae Asset, and Naver launch ₹6,000 crore fund for Indian startups.
Source: CNBC TV18
Sumedha Fiscal Services hits a 52-week low of Rs.47 despite market rally.
Sensex approaches its 52-week high, contrasting sector underperformance.
Source: Marketsmojo
Rallis India's market evaluation revised due to financial and technical shifts.
The company faced subdued growth and underperformed broader market benchmarks.
Source: Marketsmojo
Fortis Healthcare to invest INR 840 Cr for 300 beds in Bengaluru.
Acquires 125-bed People Tree Hospital for INR 430 Cr; plans INR 410 Cr for upscaling.
Source: ScoutQuest
Infosys ADRs surged nearly 40% on NYSE due to a short squeeze, causing extreme volatility and triggering a trading halt under LULD rules.
The squeeze was driven by a sudden recall of lent shares, forcing short sellers to cover positions, creating a supply-demand imbalance.
Source: Livemint
Fortis Healthcare's subsidiary to acquire TMI Healthcare and hospital property in Bengaluru.
The INR 430 crore deal aligns with Fortis's goal to expand healthcare services.
Source: ScoutQuest
3i Infotech's Rs 14.14 crore penalty for AY 2013-14 deleted under Section 271G.
Outstanding demand reduced to NIL; appeal against penalty order remains pending.
Source: ScoutQuest
Belrise Industries unlocks 6.31 cr promoter and public shares on Dec 18, 2025.
Shares unlocked post lock-in removal approved after May 28, 2025 listing.
Source: ScoutQuest
Chhattisgarh ACB/EOW arrested SBI chief manager for siphoning ₹2.78 crore from an internal account for high-risk trading.
Source: The Times of India
India saw major financial deals in 2025, including MUFG's Rs 39,618 crore stake in Shriram Finance and Emirates NBD's Rs 26,853 crore stake in RBL Bank.
Other notable deals: SMBC-YES Bank (Rs 13,483 crore), Blackstone-Federal Bank (Rs 6,196 crore), and Allianz's Rs 24,180 crore exit from Bajaj Finserv.
Source: News18
Shriram Finance may see 15-30 bps cost reduction post MUFG's ₹39,618 crore investment.
MUFG's ₹39,618 crore investment secures a 20% stake in Shriram Finance.
Source: Business Standard
Vedant Fashions to hold a virtual one-on-one investor/analyst meet on Dec 24, 2025.
No unpublished price-sensitive info will be shared; discussions based on public data.
Source: BSE
Reliance Industries' subsidiary Abraham Thakore Pvt Ltd issued equity rights to founders.
Founders hold 50.9% voting rights; Abraham Thakore is no longer a Reliance subsidiary.
Source: ScoutQuest
IIFL Finance appoints ex-RBI Dy. Governor, Bibhu Prasad Kanungo, as Board Chair effective Dec 19, 2025.
Company increases borrowing limit to ₹60,000 Cr and pays ₹1.47 Cr in taxes after IT search compliance.
Source: BSE
Medplus promoters pledged 48.5L shares (4.05% of total) on Dec 16, 2025.
Pledge may rise to 28% but expected to reduce to 24.5% post refinancing.
Source: ScoutQuest
Leela Palaces Hotels & Resorts Ltd has incorporated a wholly-owned subsidiary, Leela Nirvana Resorts Pvt Ltd.
Leela Nirvana aims to develop luxury hotels under 'The Leela' brand and is yet to commence operations.
Source: BSE
ESAF Small Finance Bank received RBI communication on a Revised Scheme of Arrangement by its promoter company.
The Bank clarified it is not a party to the scheme, which affects promoter shareholding and dilution milestones.
Source: BSE
Piramal Consumer Healthcare targets $200M revenue by FY30 through growth strategies.
Focus on power brands like Lacto Calamine and Little's with innovations and expansion.
Source: The Hindu BusinessLine
Go Digit General Insurance's board approves merger with Go Digit Infoworks, pending regulatory and shareholder nods.
Post-merger, promoter shareholding to rise marginally by 0.03%; aims for scalable growth and regulatory alignment.
Source: ScoutQuest
Indowind Energy's rights issue of 3.22 crore shares at Rs. 10/share listed on NSE and BSE.
Trading of these shares begins from December 22, 2025, under the symbol 'INDOWIND'.
Source: BSE
Suditi Industries' board approved raising authorised capital from Rs 60Cr to Rs 70Cr.
Plans include raising Rs 58.87Cr via preferential issue and full stake acquisition in subsidiary.
Source: ScoutQuest
Suditi Industries Ltd approves acquiring 50% stake in SAA Suditi Retail Pvt Ltd.
The acquisition, at Rs. 5,000/share in cash, makes it wholly owned.
Source: ScoutQuest
India Ratings downgraded Reliance Infrastructure's bank loan facilities to IND C from IND B/Stable.
The downgrade follows ED's lien on INR778.6M bank accounts and attached properties worth INR6,690M amid ongoing investigations.
Source: BSE
