National Stock Exchange of India | Business Upturn

Craftsman Automation announces Rs 11.25 per share dividend for FY26

Kinjal — Thu, 07 May 2026 07:22:57 +0000

Craftsman Automation’s Board of Directors has approved a final dividend of ₹11.25 per equity share for the financial year ending 31st March 2026. This represents a 225% dividend on each share with a face value of ₹5, pending shareholder approval at the upcoming 40th Annual General Meeting (AGM).

The company has announced that the Register of Members will be closed from 17th July 2026 to 23rd July 2026, inclusive of both dates. The record date to determine the eligibility of equity shareholders for the dividend is set for 16th July 2026.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Godrej Agrovet surpasses ₹10,000 crore revenue mark in FY26 with record profitability

Yash Agarwal — Fri, 01 May 2026 07:19:28 +0000

Godrej Agrovet has reported a robust financial performance for the fiscal year 2026, achieving a revenue milestone of over ₹10,000 crore with unprecedented profitability. The company’s revenue from operations stood at ₹10,233 crore, reflecting a 9.1% increase from the previous year.

The Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) for FY26 was ₹936 crore, marking a 10.8% rise, excluding non-recurring and exceptional items. The EBITDA margin improved to 9.1% from 9.0% in the preceding year. Profit Before Tax (PBT) also saw a significant increase of 17.2%, reaching ₹569 crore, with a PBT margin of 5.6%.

The company’s Profit After Tax (PAT) for the year amounted to ₹440 crore, up 13.9% from the previous year, with the PAT margin slightly improving to 4.3%.

In the fourth quarter of FY26, Godrej Agrovet recorded a revenue of ₹2,333 crore, a 9.3% increase compared to the same period in the previous year. The EBITDA for Q4 was ₹173 crore, reflecting an 8.5% growth, while the PBT surged by 16.8% to ₹87 crore.

Segment-wise, the Animal Nutrition division led the growth with a 15.2% year-on-year increase in sales volume for Q4 FY26, reaching 4,26,252 tons. The segment’s revenue for the fiscal year was ₹4,941 crore, up 3.4% from FY25, with a reported segment result of ₹347 crore, a 19.3% increase.

The Oil Palm segment also performed well, with a year-on-year revenue growth of 8.7% for FY26, despite a 4.7% decline in Crude Palm Oil (CPO) realisations in Q4 FY26.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

GRM Overseas receives approval for listing of Rs 2 equity shares

Business Desk — Wed, 29 Apr 2026 16:34:27 +0000

GRM Overseas has secured in-principle approval from both the National Stock Exchange of India (NSE) and BSE for the listing of 23,154,000 equity shares. These shares, each with a face value of ₹2, were issued following the conversion of warrants on a preferential basis.

The equity shares have been assigned distinctive numbers ranging from 184,056,001 to 207,210,000. The approval was confirmed through letters from NSE and BSE, both dated April 29, 2026. The NSE letter, bearing reference number NSE/LIST/53734, and the BSE letter, numbered LOD/PREF/SS/FIP/152/2026-27, formalised the approval process.

This development marks a significant step for GRM Overseas as it moves towards listing these shares on the exchange. The shares will be listed and admitted to dealings on the exchange upon confirmation from the depositories, namely the National Securities Depository Limited (NSDL) and the Central Depository Services Limited (CDSL), for the credit of beneficiaries’ accounts.

The approval process involved a thorough review of the listing application and related documents submitted by GRM Overseas. The shares are expected to be listed and available for trading once the necessary confirmations are received.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Tata Communications issues Rs 750 crore commercial paper at 6.12% discount rate

Arunika Jain — Mon, 27 Apr 2026 11:34:45 +0000

Tata Communications has announced the issuance and allotment of commercial paper amounting to ₹750 crore. The commercial paper, a short-term debt instrument, was issued on 24 April 2026 and is set to mature on 23 July 2026.

The face value of each security is ₹5,00,000, and the discount rate is set at 6.12% per annum. The commercial paper has been listed on the National Stock Exchange of India Limited as of 27 April 2026, under the ISIN INE151A14289.

This strategic move by Tata Communications is part of its financial management strategy, allowing the company to raise funds for its operational and capital needs efficiently. The issuance of commercial paper is a common practice among large corporations, providing them with the flexibility to manage short-term liquidity requirements.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

RBL Bank approves grant of 3,11,000 stock options at Rs 317.65 per option

Kinjal — Thu, 23 Apr 2026 09:37:58 +0000

RBL Bank’s Nomination and Remuneration Committee has approved the grant of 3,11,000 stock options to eligible employees under the Employee Stock Option Plan 2013 and 2018. The exercise price is set at ₹317.65 per option, based on the latest closing price on April 22, 2026.

The stock options are convertible into an equivalent number of equity shares with a face value of ₹10 each. These options will vest in three tranches: 30% at the end of the first year, another 30% at the end of the second year, and the remaining 40% at the end of the third year. Employees have a five-year window from the vesting date to exercise their options.

The ESOP 2013 and ESOP 2018 schemes were formulated in compliance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. This regulatory alignment ensures that the stock options are granted in accordance with the latest SEBI guidelines.

The decision was made during a committee meeting held on April 23, 2026, and the details have been made available on RBL Bank‘s official website.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Symphony confirms non-applicability of SEBI large corporate criteria

Arunika Jain — Thu, 23 Apr 2026 06:55:42 +0000

Symphony Limited has confirmed that it does not qualify as a large corporate entity as of 31 March 2026, according to the criteria set out in the Securities and Exchange Board of India (SEBI) Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated 26 November 2018. The company made this declaration in a recent filing to the National Stock Exchange of India.

The SEBI circular outlines specific criteria for identifying large corporate entities, primarily based on their outstanding borrowings. Symphony Limited reported nil outstanding borrowings as of the end of the financial year, thereby excluding it from the large corporate classification.

Additionally, the company stated that it did not have any credit rating applicable during the previous financial year, further supporting its non-applicability status under the SEBI framework. The circular mandates certain borrowing requirements for large corporates, and in the event of a shortfall, a fine is levied by stock exchanges. However, since Symphony Limited does not fall under this category, such provisions do not apply.

This clarification from Symphony Limited ensures compliance with regulatory requirements and provides transparency to its stakeholders regarding its financial standing and obligations.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Magellanic Cloud confirms non-applicability of SEBI circular for large corporate criteria

Kinjal — Mon, 20 Apr 2026 10:30:41 +0000

Magellanic Cloud Limited has announced that it does not fall under the criteria for being classified as a Large Corporate (LC) as per the guidelines outlined in the SEBI Circular dated 26 November 2018. This confirmation was made in a recent filing with the National Stock Exchange of India (NSE).

The SEBI Circular (SEBI/HO/DDHS/CIR/P/2018/144) sets forth specific criteria that determine whether a company qualifies as a Large Corporate. Magellanic Cloud has reviewed these criteria and confirmed that it does not meet the requirements to be classified as such.

The company has requested stakeholders to take note of this confirmation, ensuring clarity regarding its status in relation to the SEBI guidelines.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Tata Communications issues Rs 400 crore commercial paper

Business Desk — Wed, 15 Apr 2026 10:36:16 +0000

Tata Communications has announced the issuance and allotment of commercial paper worth ₹400 crore. The commercial paper, which is a short-term debt instrument, was issued on April 13, 2026, and is set for redemption on June 15, 2026. The face value of each security is ₹5,00,000, with a discount rate of 6.70% per annum. The International Securities Identification Number (ISIN) assigned to this commercial paper is INE151A14271.

The listing of this commercial paper on the National Stock Exchange of India Limited took place on April 15, 2026. This move aligns with Tata Communications‘ financial strategy to manage its short-term funding needs efficiently.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Paisalo Digital announces name change of promoter and managing director

Yash Agarwal — Fri, 10 Apr 2026 13:02:59 +0000

Paisalo Digital has announced a change in the name of its Promoter and Managing Director. The company has received official documentation indicating that Sunil Agarwal, who holds the dual role of Promoter and Managing Director cum CEO, will now be known as Sunil Purushottanm Agarwal. This change has been duly noted by the company, following the receipt of a Gazette notification, Aadhar Card, and PAN Card reflecting the new name. The company has requested that this update be recorded.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Triveni Engineering confirms share dematerialisation compliance for March 2026 quarter

Arunika Jain — Mon, 06 Apr 2026 08:00:15 +0000

Triveni Engineering & Industries Limited has received and submitted a certificate from KFin Technologies Limited confirming compliance with share dematerialisation regulations for the quarter ended 31st March, 2026.

The certificate, issued under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, confirms that all required details of securities dematerialised and rematerialised during the period have been furnished to stock exchanges where the company’s shares are listed.

KFin Technologies, the company’s registrar and share transfer agent, verified that security certificates received for dematerialisation were properly mutilated and cancelled after verification by the depository participant. The certificate also confirms that the names of depositories have been substituted in the register of members as registered owners within the stipulated time frame.

Geeta Bhalla, Group Vice President and Company Secretary of Triveni Engineering & Industries Limited, submitted the certificate to the National Stock Exchange of India and BSE Limited on 6th April, 2026. The compliance filing ensures adherence to regulatory requirements governing share dematerialisation processes.

Triveni Engineering & Industries Limited is listed on both the National Stock Exchange (stock code: TRIVENI) and the BSE Limited (stock code: 532356). The company’s registered office is located at A-44, Hosiery Complex, Phase-II Extension, Noida, Uttar Pradesh.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

This article is written by Arunika Jain and reviewed by Aditya Bhagchandani before publication.

NTPC clarifies total installed capacity at 89,108 MW

Kinjal — Wed, 01 Apr 2026 13:37:11 +0000

NTPC has provided a clarification regarding its total installed and commercial capacities as of 1st April 2026. The company stated that its total installed capacity stands at 89,108 megawatts (MW), while its commercial capacity is 88,028 MW.

This update comes as a partial modification to an earlier disclosure made by NTPC on the same date. The clarification aims to provide precise information about the energy giant’s operational capabilities.

NTPC, a leading player in India’s power sector, continues to focus on expanding its energy infrastructure to meet the growing demands of the nation. The company’s installed capacity figure includes all its operational power plants across various locations.

The distinction between installed and commercial capacity is significant as it highlights the portion of NTPC’s capacity that is currently operational and generating electricity. Installed capacity refers to the total capacity of power plants that have been constructed, while commercial capacity indicates the portion that is actively contributing to the grid.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Sammaan Capital completes timely interest payments on Rs 9,358.84 crore debentures

Business Desk — Tue, 31 Mar 2026 13:04:54 +0000

Sammaan Capital Limited has certified that it has completed timely interest payments on its Secured Redeemable Non-Convertible Debentures issued through public issue and listed on stock exchanges, the company disclosed in a regulatory filing dated March 31, 2026.

The company made monthly interest payments across 12 debenture series with a combined issue size of ₹9,358.84 lakh. All interest payments were processed as scheduled, with payment record dates set for March 17, 2026, and actual payment dates of March 30, 2026, ahead of the due date of April 1, 2026.

The debenture portfolio comprises multiple series with varying issue sizes. The largest tranche was INE148I07XK0 with an issue size of ₹3,209.48 lakh, which paid interest of ₹24.20532 lakh. The second-largest series, INE148I07XG8, had an issue size of ₹2,545.68 lakh and paid ₹18.70108 lakh in interest. Other significant series included INE148I07XF0 (₹1,851.11 lakh issue size, ₹15.01415 lakh interest paid) and INE148I07XS3 (₹1,340.79 lakh issue size, ₹10.53372 lakh interest paid).

The remaining eight debenture series ranged from ₹8.11 lakh to ₹558.79 lakh in issue size. These included INE148I07XH6, INE148I07XM6, INE148I07YB7, INE148I07XZ8, INE148I07XN4, INE148I07XD5, and INE148I07XE3, each with correspondingly smaller interest payment amounts.

The interest payments were made on a monthly frequency across all series, with no changes to the payment schedule during the period. The certification was submitted pursuant to Regulation 57 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in accordance with SEBI Master Circular dated July 11, 2025.

Sammaan Capital Limited, formerly known as Indiabulls Housing Finance Limited, maintains its registered office in New Delhi and corporate office in Gurgaon, Haryana.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Jubilant Foodworks addresses LPG supply constraints amid Middle East geopolitical tensions

Yash Agarwal — Sat, 28 Mar 2026 11:15:50 +0000

Jubilant Foodworks has reported supply constraints in the distribution of commercial LPG due to the ongoing geopolitical situation in the Middle East. The company is actively managing the operational impact, which remains limited at this stage.

In response to the supply challenges, Jubilant Foodworks is taking proactive measures to conserve LPG and transition to alternative energy sources such as electricity and piped natural gas (PNG). The company is also in continuous dialogue with oil marketing companies to stay updated on developments and plan its operational strategies accordingly.

The company has emphasised its robust systems and processes designed to handle short-term operational challenges effectively. Jubilant Foodworks remains committed to closely monitoring the situation to ensure minimal disruption to its operations.

The information regarding these developments has been made available on the company’s website under the Investor Relations section.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

NCC announces resignation of Company Secretary Sisir K Mishra

Kinjal — Fri, 27 Mar 2026 12:16:53 +0000

NCC has announced the resignation of its Company Secretary and Compliance Officer, Mr. Sisir K Mishra. Mr. Mishra, who also served as the Nodal Officer of the company, has decided to step down to pursue professional opportunities outside the organisation. His resignation will be effective from the close of business hours on 6th April 2026.

The company, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has communicated this development to the National Stock Exchange of India (NSE) and BSE Limited. The formal announcement also includes the necessary details as required under the SEBI Master Circular on Listing Regulations.

Mr. Mishra has expressed his gratitude to the Chairman, Managing Director, Directors, and the management of NCC for their support and cooperation during his tenure. He has assured the company of his full cooperation to ensure a smooth transition and handover of responsibilities.

NCC is currently in the process of identifying and appointing a suitable candidate to fill the vacancy left by Mr. Mishra’s departure. The company has assured that it will inform the stock exchanges once the new appointment is made.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Aether Industries approves allotment of 5,454 equity shares under ESOS 2021

Kinjal — Fri, 27 Mar 2026 05:27:58 +0000

Aether Industries has announced the approval of the allotment of 5,454 equity shares under its Employee Stock Option Scheme 2021 (AIL ESOS 2021). The Nomination and Remuneration Committee of the company approved this issuance on 27 March 2026. Each share has a face value of ₹10 and an exercise price of ₹885.

The company has received in-principle approval from both BSE India Limited and the National Stock Exchange of India Limited for a pool of 11,00,000 equity shares under the AIL ESOS 2021. These newly issued shares will rank pari-passu with the existing equity shares.

Following this allotment, the total issued share capital of Aether Industries stands at ₹1,32,67,98,240, comprising 13,26,79,824 equity shares of ₹10 each. The company has communicated this corporate action to depositories for the credit of equity shares to the accounts of beneficiaries. Listing and trading approvals from stock exchanges are to follow.

The shares issued under this scheme are identical in all respects to the existing shares, with no lock-in period applicable from the date of allotment. Aether Industries has also confirmed that it has already paid the listing fee for the issued share capital up to ₹200 crore for the current fiscal year, and no additional fees are required.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

AIA Engineering addresses concerns over fuel supply, ensures uninterrupted operations

Arunika Jain — Thu, 26 Mar 2026 13:30:53 +0000

AIA Engineering has issued a clarification regarding concerns about a potential shortage of commercial LPG affecting its production processes. The company assured stakeholders that it utilises multiple fuel sources, with Piped Natural Gas (PNG) being the primary source, and LPG used in a limited capacity for heat treatment processes at its various plants.

The company confirmed that there is no disruption in the availability of either PNG or LPG, and all its facilities continue to operate normally. To further bolster its fuel supply strategy, AIA Engineering is in the process of modifying its fuel systems to incorporate Light Diesel Oil (LDO) as an additional fuel option alongside PNG and LPG.

This announcement was made in accordance with Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to inform all concerned stakeholders.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Tube Investments of India receives no-objection for promoter reclassification

Kinjal — Tue, 24 Mar 2026 13:25:45 +0000

Tube Investments of India has received no-objection letters from both the National Stock Exchange of India (NSE) and BSE Limited for the reclassification of Algavista Greentech Private Limited from the ‘Promoter and Promoter Group Category’ to the ‘Public Category’. This decision follows the company’s application submitted on 5th February 2026, in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The NSE’s approval was communicated through a letter dated 24th March 2026, with reference number NSE/LIST/COMP/TIINDIA/567/2025-2026. Similarly, BSE Limited also issued its no-objection on the same date, under reference number LIST/COMP/17441/2025-26. These approvals are crucial for Tube Investments of India as they allow the company to proceed with the reclassification process, ensuring compliance with the regulatory framework set by SEBI.

Algavista Greentech Private Limited, previously part of the promoter group, will now be classified under the public category. This move is part of a broader strategy by Tube Investments of India to streamline its shareholder structure and align with regulatory requirements.

The company is expected to follow up with any subsequent disclosures of material events related to this reclassification, in line with the applicable provisions of Regulation 31A. This ensures transparency and continued compliance with SEBI regulations.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Vedant Fashions reschedules investor meeting to March 24

Business Desk — Mon, 23 Mar 2026 13:30:28 +0000

Vedant Fashions Limited has announced a rescheduling of one of its meetings with analysts and investors. Originally set for March 23, 2026, the meeting will now take place on March 24, 2026, and will be conducted virtually as a one-to-one interaction.

The company has clarified that no unpublished price-sensitive information will be discussed during these meetings. All discussions will be based on publicly available information only. This rescheduling is part of Vedant Fashions‘ ongoing commitment to transparent communication with its stakeholders.

The company had previously informed about the meeting schedule on March 18, 2026. Vedant Fashions has requested the National Stock Exchange of India Limited and BSE Limited to update their records and disseminate this information on their respective websites.

The schedule may be subject to further changes due to unforeseen circumstances involving the company or the participating investors and analysts.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Swan Defence achieves minimum public shareholding with recent offer for sale

Yash Agarwal — Mon, 23 Mar 2026 09:45:14 +0000

Swan Defence and Heavy Industries has successfully met the requisite Minimum Public Shareholding (MPS) following a recently concluded Offer for Sale (OFS) on 19th March 2026. The sale involved 26,38,747 equity shares offloaded by the company’s promoters.

The revised shareholding structure now stands at 89.90% held by promoters and 10.10% by the public, totalling 5,26,82,150 shares. This adjustment aligns the company with regulatory requirements, ensuring compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The strategic move to increase public shareholding is part of Swan Defence‘s ongoing efforts to enhance transparency and broaden its investor base. The company’s adherence to regulatory mandates reflects its commitment to maintaining robust governance standards.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

This article is written by Yash Agarwal and reviewed by Markets Desk before publication.

Bharti Airtel completes conversion of 390.99 million partly paid shares to fully paid shares

Arunika Jain — Fri, 20 Mar 2026 14:54:16 +0000

Bharti Airtel has successfully converted 390,998,501 partly paid-up equity shares into fully paid-up equity shares, following the receipt of the First and Final Call. This conversion, approved by the Special Committee of Directors, involves shares with a face value of ₹5 each, previously paid up to ₹1.25 per share.

The company announced that the necessary corporate actions for crediting these fully paid-up equity shares to the demat accounts of eligible shareholders have been completed. Additionally, Bharti Airtel has received listing and trading approvals from both the National Stock Exchange of India Limited and BSE Limited. Consequently, these shares will be available for trading on the stock exchanges starting from Monday, March 23, 2026, under the ISIN: INE397D01024.

However, the conversion process for 178,493 partly paid-up equity shares could not be completed due to technical errors in the demat accounts of certain shareholders. Bharti Airtel has assured that appropriate steps will be taken to convert these shares to fully paid-up equity shares in due course, upon request from the concerned shareholders.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Wipro issues over 2.8 lakh equity shares under stock unit plans

Yash Agarwal — Fri, 20 Mar 2026 12:49:50 +0000

Wipro has announced the allotment of a total of 2,88,023 equity shares under its stock unit plans. On 20 March 2026, the company allotted 14,716 equity shares under the ADS Restricted Stock Unit Plan 2004 and 2,73,307 equity shares under the Restricted Stock Unit Plan 2007. This allotment follows the exercise of employee stock options (ESOPs), allowing employees to convert their options into equity shares.

The ADS Restricted Stock Unit Plan 2004 and the Restricted Stock Unit Plan 2007 are part of Wipro‘s initiatives to incentivise and retain talent by providing employees with a stake in the company’s growth. Such plans are common among large corporations as they align the interests of employees with those of shareholders, fostering a culture of ownership and long-term commitment.

The allotment of these shares will be added to the company’s existing equity base, contributing to the overall share capital. This move is consistent with Wipro’s ongoing strategy to leverage stock-based compensation as a tool for attracting and retaining skilled professionals in a competitive industry landscape.

Wipro continues to be a significant player in the global IT services sector, and its stock unit plans are a testament to its commitment to employee engagement and value creation.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Bharat Coking Coal achieves record coal booking of 2,36,850 tonnes in a single day

Arunika Jain — Thu, 19 Mar 2026 10:08:01 +0000

Bharat Coking Coal has reported a record single-day coal booking of approximately 2,36,850 tonnes under its newly launched special discount scheme. The initiative, designed to liquidate coal stock, offered discounts ranging from ₹100 to ₹600 per tonne across various slabs, garnering a strong response from consumers.

During the e-auction conducted recently, the company booked around 1,80,000 tonnes of coal via rail mode, distributed across 45 rakes. Additionally, approximately 56,850 tonnes were booked through road mode. This substantial booking marks a significant milestone for Bharat Coking Coal, reflecting the effectiveness of its consumer-centric policies.

The higher booking through rail mode is anticipated to bolster key sectors such as steel and other core industries, showcasing the strategic importance of the company’s operations in supporting industrial growth.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

This article is written by Arunika Jain and reviewed by Aman Shukla before publication.

Bharti Airtel converts 391 million partly paid shares to fully paid, raising ₹156,959.77 million

Kinjal — Wed, 18 Mar 2026 17:30:47 +0000

Bharti Airtel has successfully converted 391,176,994 partly paid-up equity shares into fully paid-up equity shares. This conversion follows the receipt of an aggregate amount of ₹156,959.77 million from eligible shareholders towards the First and Final Call of ₹401.25 per share. The First and Final Call included ₹3.75 towards face value and ₹397.50 towards premium.

The Special Committee of Directors for Rights Issue, an authorised committee of Bharti Airtel‘s Board of Directors, approved the conversion of these shares, which had an initial paid-up value of ₹1.25 each. The shares have now been converted to fully paid-up equity shares of face value ₹5 each, under the existing ISIN INE397D01024.

Following this conversion, the fully paid-up equity shares will hold equal status with the existing fully paid-up equity shares and will be available for trading on the National Stock Exchange of India Limited and BSE Limited, subject to the completion of necessary formalities and receipt of requisite approvals from the stock exchanges.

As a result of this conversion, Bharti Airtel’s paid-up equity share capital has increased to ₹30,467,799,900. This capital is divided into 6,093,282,313 fully paid-up equity shares of ₹5 each and 1,110,668 partly paid-up equity shares of ₹5 each, with a paid-up value of ₹1.25 each.

For the remaining 1,110,668 partly paid-up equity shares on which the First and Final Call remains unpaid, Bharti Airtel plans to issue reminder notices in accordance with applicable laws and subject to necessary approvals from the Board or its committees.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Afcons Infrastructure sets record date for Rs 30 crore commercial paper maturity

Kinjal — Wed, 18 Mar 2026 10:01:51 +0000

Afcons Infrastructure has announced the record date for the maturity of its commercial paper (CP) issuance, which amounts to Rs 30 crore. The company has set March 24, 2026, as the record date, with the maturity date scheduled for March 25, 2026.

The commercial paper, identified by the ISIN INE101I14ES8, was initially issued on November 14, 2025. This CP is listed on the National Stock Exchange of India, ensuring transparency and accessibility for investors.

This development follows a previous communication from the company dated November 14, 2025, which outlined the issuance details of the commercial paper. The announcement serves to inform stakeholders and investors of the forthcoming maturity and the associated record date.

Afcons Infrastructure, known for its significant contributions to infrastructure development, continues to maintain its financial activities in line with regulatory requirements and market expectations.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).