Executive Summary
The October 19, 2026 Indian market filing batch is dominated by compliance and routine disclosures, but a few material developments stand out.
The most significant is YES Bank's AT1 coupon uncertainty: payment on its 9.00% Series II bonds (due October 18, 2026) is contingent on a Supreme Court judgement dated October 15, 2026, and the bank is evaluating legal options, making it the single most critical item for bondholders. Distress is also visible at Dharan Infra-EPC, where NCLT Mumbai rejected a settlement-based withdrawal of CIRP, so insolvency will continue. On the positive side, Hindustan Zinc reported record Q2 FY27 numbers (revenue up 77% YoY, net profit up 142% YoY) and Rossari Biotech posted record quarterly revenue of Rs. 697.6 crore (+19.0% YoY), though its PAT margin compressed to 5.6% from 6.3%. Sejal Glass grew Q2 revenue 32.8% YoY with margin expansion, and Tata Elxsi's EBITDA margin rose to 21.9% despite soft European demand. A cluster of BSE surveillance queries (Molbio, Stanley Lifestyles, TVS Electronics, Centenial Surgical Suture) signals volume spikes and an alleged manipulation complaint. Upcoming earnings events (Infosys October 23, Sumitomo Chemical October 27, Max Financial October 28) form the near-term catalyst window.
Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →
Filing types in this digest: Debt securities · Corporate action · Insolvency · M&A · Corporate governance · Company update
Tracking the trend? Catch up on the prior India Stock Market Daily Regulatory Digest digest from October 18, 2026.
Investment Signals (10)
- Hindustan Zinc ↓ (BULLISH)▲
Q2 FY27 revenue from operations Rs 15,093 cr (+77% YoY), EBITDA Rs 9,285 cr (+108% YoY), net profit Rs 6,412 cr (+142% YoY); zinc cost of production improved to $703/MT (better 29% YoY) and silver contributed c.45% of profitability
- Sejal Glass ↓ (BULLISH)▲
Q2 FY27 consolidated revenue Rs 138.09 cr (+32.8% YoY), EBITDA margin 18.35% (+132 bps), net margin 10.31% (+258 bps); Silvassa tempering line utilisation rose to 82% and railway-grade glass bids for Vande Bharat orders are underway
- Tata Elxsi ↓ (MIXED-BULLISH)▲
Q2 FY27 operating revenue Rs 1,055.7 cr (+2.3% cc), EBITDA Rs 231.4 cr (+7.1% QoQ, +19.7% YoY), EBITDA margin 21.9% (+70 bps QoQ); management expects H2 to beat H1 but flagged Q3 furlough risk and European automotive weakness
- Rossari Biotech ↓ (BULLISH)▲
Record Q2 FY27 revenue Rs 697.6 cr (+19.0% YoY), H1 revenue Rs 1,394.8 cr (+23.5% YoY), working capital cycle improved to 86 days from 97 days, H1 operating cash flow Rs 131 cr; offset by PAT margin contraction to 5.6% from 6.3%
- Kwality Pharmaceuticals ↓ (BULLISH)▲
Acquisition of 4 acres adjacent to Amritsar plant for a fully automated facility with 4 injectable and 6+ oral solid lines, targeting Q4 FY2028 completion and Q2 FY2029 full operations; capacity expansion for bioequivalence-led opportunities
- Natco Pharma ↓ (BULLISH)▲
US launch of generic Carboplatin Injection via NATCO Pharma USA LLC, addressing a critical US shortage in a molecule with USD 27.8 mn estimated 12-month US sales to June 2026
- Sayaji Industries ↓ (BULLISH)▲
Sale of 63,787 sq m idle land at Kathwada, Ahmedabad for Rs 73 crore to an unrelated third party, unlocking monetisable non-core asset value
- Piramal Finance ↓ (BULLISH)▲
Appointment of former SBI Chairman Dinesh Kumar Khara as Independent Director (subject to shareholder approval), citing SBI's market cap rising from ~US$20 bn to ~US$90 bn and NNPA falling from 1.50% to 0.57% over his tenure
- YES Bank (BEARISH)▲
AT1 coupon on 9.00% Series II bonds (ISIN INE528G08394) due October 18, 2026 is conditional on the Supreme Court judgement of October 15, 2026; no payment status confirmed and legal options are under evaluation
- Microse India ↓ (BEARISH)▲
Group CFO Amit Mishra resigned citing personal reasons, effective November 1, 2026; the resignation letter carries a date inconsistency (refers to 1 November 2025) that warrants clarification
Risk Flags (8)
- YES Bank/AT1 Bond Coupon Default Risk [HIGH RISK]▼
Coupon due October 18, 2026 on INE528G08394 contingent on a Supreme Court judgement; a second series (INE528G08352) is also under the same trusteeship, so exposure extends beyond one instrument; bondholders face a payment-default scenario pending legal resolution
- Dharan Infra-EPC/Insolvency↓ [HIGH RISK]▼
NCLT Mumbai dismissed the settlement-based CIRP withdrawal application (order dated October 16, 2026), so the company remains in insolvency under IBC timelines with Tata Capital's creditor claims unresolved
- Rossari Biotech/Margin Compression↓ [MEDIUM RISK]▼
Despite record revenue, PAT margin fell to 5.6% from 6.3%, H1 EBITDA margin declined 40 bps to 12.0%, and the Agro segment was sluggish due to El Niño; institutional and B2C revenue was flat (+2% Q2 YoY)
- Tata Elxsi/Europe Demand Weakness↓ [MEDIUM RISK]▼
Europe remained soft due to automotive OEM decision delays; transportation grew only 2% QoQ cc, and management flagged a pending Q3 furlough risk and a short fiscal quarter with fewer working days
- Microse India/Senior Leadership Exit↓ [MEDIUM RISK]▼
Group CFO and KMP Amit Mishra resigned effective November 1, 2026, creating a finance leadership gap, compounded by a typographical date inconsistency in the resignation letter
- ▼
Company alleges an abnormal price fall unsupported by any announcement, citing only 1 equity share traded at Rs 71.25 on October 19; large sell-downs by some holders (e.g., Jayendra Kulkarni 24,268 to 17,192 shares) are flagged to BSE surveillance
- Surveillance Query Cluster (Molbio, Stanley Lifestyles, TVS Electronics) [MEDIUM RISK]▼
Three companies received BSE volume-spurt queries on October 19, 2026 and responded that movements are market-driven; the clustering may reflect a sector-wide or market-maker pattern warranting monitoring
- Molbio Diagnostics/Infrax Renewable/TVS Electronics/Stanley Lifestyles/HBL Engineering (Unparsed Market Notices)↓ [MEDIUM RISK]▼
Five filings carry an assigned medium risk level with 7/10 materiality but no summary, so their underlying disclosures could not be assessed and should be reviewed directly
Opportunities (9)
- Hindustan Zinc/Silver-Zinc Leverage↓ (OPPORTUNITY)◆
Record H1 mined metal output of 539 KT and cost of production at $776/MT in H1 FY27 position the company to benefit from by-product silver realisations (c.45% of profitability) and higher zinc volumes
- Sejal Glass/Railway and Capacity Re-rating↓ (OPPORTUNITY)◆
Post-Glasstech consolidation lifted India tempering capacity from 7.80 to 24.01 lakh sq m and total capacity from 10.68 to 34.24 lakh sq m; the Silvassa tempering line at 82% utilisation and railway-grade approved vendor status position it for Vande Bharat orders
- Natco Pharma/US Shortage Launch↓ (OPPORTUNITY)◆
First-entrant-style launch of Carboplatin Injection into a shortage-driven US market with USD 27.8 mn annual sales base; oncology focus on limited-competition molecules supports margin upside
- Sayaji Industries/Asset Monetisation↓ (OPPORTUNITY)◆
Rs 73 crore sale of idle Ahmedabad land to an unrelated buyer provides cash and balance-sheet flexibility, with the transaction cleanly executed via conveyance deed the same day
- Rossari Biotech/Working Capital Release↓ (OPPORTUNITY)◆
Working capital cycle compression from 97 to 86 days and H1 operating cash flow of Rs 131 cr improve funding capacity for the Saudi Arabia greenfield facility approved for its wholly owned subsidiary
- Tata Elxsi/H2 Margin Recovery↓ (OPPORTUNITY)◆
Management guided H2 ahead of H1, and the 70 bps QoQ EBITDA margin expansion (partly from cross-currency benefits and removal of one-time costs) suggests operating leverage; healthcare and media verticals grew 3.4-3.5% QoQ
- Piramal Finance/Governance Upgrade↓ (OPPORTUNITY)◆
Addition of a former SBI Chairman as Independent Director strengthens board banking and risk expertise at a time of sector consolidation, subject to shareholder approval
- Infosys/Q2 Results Catalyst↓ (OPPORTUNITY)◆
Q2 FY27 results on October 23, 2026 at ~3:45 p.m. IST with press conference and earnings call on the same day provide a near-term sector read-through for IT services demand
- Kwality Pharmaceuticals/EU GMP Capacity↓ (OPPORTUNITY)◆
Automated, EU GMP and Annex 1-aligned expansion positions the company for regulated-market export growth from Q2 FY2029 onward
Sector Themes (6)
- Pharma Capacity and US Market Entry (THEME)◆
Kwality Pharmaceuticals is expanding into automated injectable and oral solid capacity with EU GMP/Annex 1 design, while Natco Pharma launched a shortage-driven generic in the US; together they signal Indian pharma's continued push into regulated markets and sterile manufacturing
- Financial Sector Governance and AT1 Stress (THEME)◆
YES Bank's AT1 coupon uncertainty, the Piramal Finance SBI-chairman appointment, and CARE Ratings' sale of 9.90% stakes in CareEdge Global IFSC (retaining 80.20%) reflect heightened focus on capital instrument terms, governance quality, and the regulatory and legal architecture around AT1 and rating businesses
- Routine Compliance Cluster (Debt Issuers) (THEME)◆
Akara Capital Advisors filed multiple monthly interest and partial redemption confirmations (e.g., INE08XP07530, INE08XP07449, INE08XP07415) with on-time payments ahead of due dates, indicating stable cash management among privately placed NCD issuers in this batch
- Earnings Season Calendar Density (THEME)◆
At least 9 companies in this batch disclosed board meetings or earnings calls for late October and early November (Quanto Agroworld Oct 24, Infosys Oct 23, Sumitomo Chemical Oct 27, Knack Packaging Oct 27, Galaxy Bearings Oct 26, Carysil Nov 4, Max Financial Oct 28), with trading windows closed across the board, marking the start of the Q2 FY27 reporting cycle
- Exchange Surveillance Activity (THEME)◆
Four separate BSE surveillance queries (Molbio, Stanley Lifestyles, TVS Electronics, Centenial Surgical Suture) indicate elevated exchange scrutiny of unexplained volume spikes and price moves in small and mid-cap names during this period
- Market Expansion and Subsidiary Build-Outs (THEME)◆
Rossari Biotech's Saudi Arabia greenfield land lease, Mirza International's new Mirza Footwear subsidiary, GEM Enviro's acquisition of a 75% stake in Novuscom, and CL Educate's DEXIT Global amalgamation reflect active use of subsidiaries for geographic and business diversification in the SME and mid-cap space
Watch List (8)
- YES Bank/AT1 Bonds👁
Coupon payment status and any legal filing following the October 15, 2026 Supreme Court judgement; monitor the second series INE528G08352 under the same trustee [Due date: October 18, 2026 and ongoing]
- 👁
Q2 FY27 results release around 3:45 p.m. IST, press conference 4:30 p.m. IST, earnings call 6:00 p.m. IST [October 23, 2026]
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Half-year results board meeting; trading window reopens after 26 October 2026 [October 24, 2026]
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Board meeting for unaudited results and Sumitomo Chemical's earnings call at 2:30 p.m. IST [October 26-27, 2026]
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Q2 and H1 FY27 earnings conference call at 10:00 a.m. IST, including AMLI management [October 28, 2026]
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BSE surveillance response to the price-manipulation complaint and any exchange action on the flagged trades [Ongoing]
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IRP-led CIRP progress following NCLT rejection of the Tata Capital settlement withdrawal; watch for committee-of-creditors meetings and resolution plan timelines [Ongoing]
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Closing of the 9.90% SBI and NSEIX share sales, expected within two months of October 19, 2026 [By approximately December 19, 2026]
Filing Analyses
(50)
18-10-2026
YES BANK Limited disclosed that it has received a communication dated October 16, 2026 from Axis Trustee Services Limited regarding payment of the annual coupon on its 9.00% Perpetual Subordinated Unsecured Non-Convertible Basel III Compliant Additional Tier I Bonds (Series II, ISIN INE528G08394). The Bank responded that coupon payment is subject to a Supreme Court of India judgement dated October 15, 2026 and the conditionalities in the Information Memorandum, and that it is evaluating legal options. Because the judgement materially affects coupon payment on AT1 bonds, this is a significant and uncertain development for bondholders.
- · Coupon payment is conditional on the Supreme Court of India judgement dated October 15, 2026 and Information Memorandum conditionalities
- · The Bank is evaluating legal options and suitable actions following the judgement
- · This follows earlier disclosures on the Supreme Court judgement dated October 15 and 16, 2026 and results announced October 17, 2026
18-10-2026
YES Bank Limited informed BSE that Axis Trustee Services Limited, acting as Debenture Trustee, requested the status of the annual coupon due on 18 October 2026 on its 9.00% Perpetual Subordinated Unsecured Basel III Compliant Additional Tier I Bonds (Series II, ISIN INE528G08394). The Bank stated that coupon payment is subject to the Supreme Court of India's judgement dated 15 October 2026 and the conditionalities in the Information Memorandum, and that it is evaluating the implications of the judgement, including all available legal options. No coupon payment status was confirmed in the filing.
- · Coupon due date: 18 October 2026; payment status is contingent on the Supreme Court judgement dated 15 October 2026 and Information Memorandum conditionalities
- · Axis Trustee also referenced ISIN INE528G08352, indicating a second bond series under the same trusteeship
- · Axis Trustee's request was made under Regulation 15 of the SEBI (Debenture Trustees) Regulations, 1993 and SEBI circular dated 28 September 2026
- · Bank references prior disclosures dated 15-17 October 2026 on the judgement and its results announcement of 17 October 2026
18-10-2026
Saisrushti (Kengeri) Projects Private Limited filed a Statement of Deviation or Variation confirming it raised INR 50 Crore through a private placement of Non-Convertible Debentures on May 20, 2022. The full amount was used for refinancing and extinguishing the existing loan and other senior debt obligations, with no deviation or variation in the use of funds and no modified objects or approvals required. The filing is routine compliance with no negative or flat performance metrics disclosed.
- · Deviation or variation in use of funds: NO
- · Audit committee and auditors reported no comments
- · Report covers the period ended not applicable (one-time fund-raise disclosure)
18-10-2026
Akara Capital Advisors Private Limited has confirmed under Regulation 57(1) of SEBI (LODR) Regulations, 2015 that it made timely monthly interest payment to all bondholders of record as of 3rd October, 2026. The payment of Rs. 44,56,978.27 (after TDS) on ISIN INE08XP07530, against an issue size of Rs. 47,50,00,000, was made on 16th October, 2026, ahead of the 18th October, 2026 due date. No redemption or maturity payments were made in the period.
- · Interest payment record date was 3rd October, 2026; actual payment date was 16th October, 2026, two days ahead of the 18th October, 2026 due date
- · Interest payment frequency is monthly with no change in frequency
- · No delay or reason for non-payment was reported
- · No redemption, put/call, or maturity payments were made on the instrument
18-10-2026
Akara Capital Advisors Private Limited has fixed Tuesday, 3 November 2026 as the record date for determining which debenture holders are eligible to receive interest on its Non-Convertible Debentures (NCDs) allotted on 18 September 2026. The intimation was filed with the Bombay Stock Exchange under Regulation 60(2) of the SEBI (LODR) Regulations, 2015. The filing contains no monetary amounts, coupon rates, or other quantitative financial metrics.
- · Record date for debenture interest eligibility: Tuesday, 3 November 2026
- · NCDs were allotted on 18 September 2026
- · BSE Scrip Code: 978176; ISIN: INE08XP07530
- · Filing made under Regulation 60(2) of SEBI (LODR) Regulations, 2015 as prior intimation of record date
18-10-2026
Akara Capital Advisors Private Limited confirmed timely monthly interest payment to all bondholders of record and made a partial redemption on its debt securities (ISIN INE08XP07449) under Regulation 57(1) of SEBI LODR. Interest of Rs. 17,57,655.08 (after TDS) was paid on 16 October 2026 against a due date of 17 October 2026, and a partial redemption of Rs. 4,69,23,030 was made on the same date, leaving an outstanding amount of Rs. 14,07,69,700 against an original issue size of Rs. 61,00,00,000.
- · Interest payment record date was 2 October 2026; due date 17 October 2026; actual payment 16 October 2026
- · Previous interest and redemption payments were both made on 16 September 2026
- · Redemption was partial on a face value basis, with reason stated as partial redemption; no call, put, or conversion options were exercised
- · Interest frequency is monthly with no change in payment schedule
- · No reason for non-payment or delay was reported
18-10-2026
Akara Capital Advisors Private Limited confirmed under Regulation 57(1) of the SEBI LODR Regulations that it made timely monthly interest payment on its debt securities (ISIN INE08XP07415). Interest of Rs. 26,75,536.01 (after TDS) was paid on 16th October, 2026, ahead of the 17th October, 2026 due date, against an issue size of Rs. 30,00,00,000. No redemption or maturity payments were made during the period.
- · Interest payment record date was 2nd October, 2026; due date 17th October, 2026; actual payment made 16th October, 2026
- · Previous interest payment was made on 16th September, 2026, confirming a monthly payment cadence with no change in frequency
- · No redemption, put/call, or maturity payments were made; no reason for delay or non-payment was reported
18-10-2026
Creative Castings Limited submitted a routine Regulation 74(5) confirmation certificate from its Registrar and Share Transfer Agent, MUFG Intime India Private Limited, for the quarter ended September 30, 2026. The certificate confirms that securities received for dematerialisation during the quarter were confirmed or rejected to the depositories and that the relevant securities were listed on the stock exchanges where the earlier issued securities are listed. The filing contains no financial results, specific monetary amounts, or performance metrics.
- · Scrip Code on BSE is 539527
- · Certificate is issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
- · Confirmation certificate is dated October 3, 2026, and the cover letter is dated October 18, 2026
18-10-2026
Andhra Pradesh Tanneries Ltd (BSE Scrip Code 509367) filed an intimation under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, enclosing a confirmation certificate from its Registrar and Share Transfer Agent, Satellite Corporate Services Pvt. Ltd., for the quarter ended September 30, 2026. The certificate states that no physical share certificates were received for dematerialization during the quarter, so no shares were listed or cancelled in that period. This is a routine compliance filing with no financial performance data.
- · No physical share certificates were received for dematerialization during the quarter ended September 30, 2026
- · Registered office is at Leather Complex Area, Nellimarla, Vizianagaram District, Andhra Pradesh; CIN L19110AP1974PLC001711
18-10-2026
Rossari Biotech Limited submitted to BSE and NSE a copy of the newspaper publication (Financial Express English and Loksatta Marathi, both dated October 18, 2026) of the extract of its Consolidated Unaudited Financial Results for the quarter and half year ended September 30, 2026, under Regulations 30 and 47 of SEBI LODR. The filing itself contains no financial figures; the results are referenced only by publication. The remainder of the document consists of unrelated newspaper advertisements from other companies (KDDL, Quint Digital, Fischer Medical Ventures, Lagnam Spintex, Utkal Energy, among others).
- · Filing made under Regulation 30 and 47 of SEBI (LODR) Regulations, 2015
- · Financial results covered are for the quarter and half year ended September 30, 2026
- · Rossari's stock codes: 543213 (BSE) and ROSSARI (NSE)
18-10-2026
Available Finance Ltd. submitted to BSE Limited a Regulation 74(5) certificate issued by its Registrar and Share Transfer Agent, Ankit Consultancy Pvt. Ltd., for the quarter ended 30 September 2026. The certificate confirms that securities received for dematerialization during the quarter were confirmed to the depositories, listed on the relevant stock exchanges, and that the physical certificates were mutilated and cancelled, with depository names substituted in the register of members within 15 days. This is a routine compliance filing with no financial performance data.
- · BSE scrip code is 531310
- · Certificate covers the quarter ended 30 September 2026 and is dated 18 October 2026
- · Registrar and Share Transfer Agent is registered with SEBI (registration no. INR 000000767)
19-10-2026
Rossari Biotech reported record Q2 FY27 consolidated revenue of Rs. 697.6 crore (+19.0% YoY) and H1 FY27 revenue of Rs. 1,394.8 crore (+23.5% YoY), with EBITDA of Rs. 87.0 crore (+21.0% YoY) and PAT of Rs. 38.9 crore (+5.4% YoY, subdued by higher depreciation). The Board approved leasing land to its wholly owned subsidiary Rossari International Limited Company for a greenfield facility in Saudi Arabia. Mixed performance: the Institutional and B2C businesses were flat on revenue (+2% Q2 YoY), Agro was sluggish, and PAT margin contracted to 5.6% from 6.3%.
- · Working capital cycle improved to 86 days (Sep 2026) from 97 days (Mar 2026)
- · Cash flow from operations of Rs. 131 crore in H1 FY27
- · HPPC revenue grew 18% YoY in Q2 FY27, TSC grew 26%, AHN grew 11%
- · Export share of revenue was 31% in Q2 FY27 vs 28% in Q2 FY26
- · Agro business was sluggish due to El Niño
- · Excluding Institutional and B2C, Q2 FY27 EBITDA margin was 14.1%, while Institutional and B2C EBITDA margin declined to -2.5%
- · PAT remained subdued due to higher depreciation from long-term project investments (D&A rose to Rs. 30.1 crore in Q2 FY27 from Rs. 18.2 crore)
- · Finance costs rose to Rs. 8.7 crore in Q2 FY27 from Rs. 6.1 crore
19-10-2026
Rossari Biotech reported its highest-ever quarterly revenue of Rs. 697.6 crore (up 19.0% YoY) and EBITDA of Rs. 87.0 crore (up 20.9% YoY) for Q2 FY27, with H1 FY27 revenue of Rs. 1,394.8 crore (up 23.4% YoY). However, Profit After Tax was subdued at Rs. 38.9 crore in Q2 due to higher depreciation from long-term investments, EBITDA margin for H1 declined 40 bps to 12.0%, and the Agro business was sluggish due to El Niño. The Board also approved leasing land to a wholly owned subsidiary for a greenfield manufacturing facility in the Kingdom of Saudi Arabia.
- · Agro business was sluggish in the period due to El Niño, a flat-to-negative segment not highlighted in the headline results
- · Profit After Tax was subdued in Q2 due to higher depreciation from investments in long-term projects
- · H1 FY27 EBITDA margin declined 40 bps to 12.0%, while Q2 margin improved 20 bps
- · Management cited raw material volatility, geopolitical uncertainty, and cautious customer behaviour as headwinds
- · New geographies added in Textile Specialty Chemicals: Peru and Indonesia
- · Strategic initiatives include monetising non-core assets and rationalising lower-margin businesses
19-10-2026
19-10-2026
19-10-2026
Hero MotoCorp Limited disclosed under Regulation 30 of the SEBI Listing Regulations that NSE Sustainability Ratings & Analytics, a SEBI-registered Category I ESG ratings provider, has assigned the Company an ESG Score of 72, notified on October 16, 2026. The Company states it did not commission this assessment, which was based on publicly available data for FY 2025-26. The filing is an informational intimation with no financial results, deal terms, or regulatory action disclosed.
- · ESG rating was assigned without the Company commissioning or engaging NSE Sustainability Ratings & Analytics
- · Assessment is based solely on publicly available data for FY 2025-26
- · Notification received on October 16, 2026 and disclosed on October 19, 2026
19-10-2026
19-10-2026
Max Financial Services Limited (MFSL), holding company of Axis Max Life Insurance Limited, has scheduled an earnings conference call on Wednesday, October 28, 2026 at 10:00 A.M. IST to discuss its Q2 and H1 FY27 financial results, with senior management from MFSL and AMLI participating. This is a routine scheduling intimation under Regulation 30 and does not itself disclose any financial results or performance metrics.
- · MFSL holds an 80.01% majority stake in AMLI, described as India's largest non-bank, private life insurance company
- · The call will be hosted with a pre-registration 'Diamond Pass' and dial-in numbers in India, USA, UK, Singapore and Hong Kong
- · The disclosure will also be hosted on the Company's website www.maxfinancialservices.com
19-10-2026
CARE Ratings Limited executed Share Purchase Agreements and a Shareholders' Agreement on October 19, 2026 with State Bank of India (SBI) and NSE IFSC Limited (NSEIX) to sell 9.90% equity stake each in its wholly owned subsidiary CareEdge Global IFSC Limited (CGIL). Upon completion of closing actions, expected within two months, CGIL will cease to be a wholly owned subsidiary, with CARE Ratings retaining an 80.20% equity stake. The disclosure follows earlier intimations dated November 12, 2025 and May 13, 2026 on the same transaction.
- · Closing actions are expected to be completed within two months of October 19, 2026
- · Transaction disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015
- · Filing also made available on the company website www.careedge.in
19-10-2026
19-10-2026
Qualitek Labs Limited disclosed under Regulation 30 that its wholly owned subsidiary, Interstellar Testing Centre Private Limited, received a work order from Bio-Resources Development Centre (BRDC), a Government of Meghalaya R&D institution, to support the setup, operation and accreditation of a Quality Control and Analytical Laboratory at BRDC Experimental Farm, Laitmynsaw, Upper Shillong. The company describes the order as being in the normal course of business, and the contract value and execution timeline are withheld on grounds of commercial confidentiality.
- · Order awarded by a Government of Meghalaya R&D institution under the Science & Technology, Planning Department
- · Company states the order is domestic and in the normal course of business
- · No promoter, promoter group or group company interest in the awarding entity; not a related party transaction
- · Contract value and execution period not disclosed on grounds of commercial confidentiality
19-10-2026
19-10-2026
NATCO Pharma announced the U.S. launch of Carboplatin Injection, a generic of Paraplatin®, through its U.S. subsidiary NATCO Pharma USA LLC, in manufacturing collaboration with Teyro Labs Pvt Ltd of Chennai. The launch is positioned as addressing a critical U.S. shortage of the product, and the molecule had estimated U.S. sales of USD 27.8 million for the 12 months ending June 2026 per industry sales data. The filing is a product launch announcement and does not disclose any financial results or guidance for the company.
- · Carboplatin Injection is indicated for advanced ovarian carcinoma, including first-line combination therapy and palliative treatment of recurrent disease after prior chemotherapy
- · Launch is made in manufacturing collaboration with Teyro Labs Pvt Ltd, based in Chennai
- · Company is an oncology-focused player that targets limited-competition molecules in the U.S.
- · Manufacturing facilities are approved by US FDA, Brazil ANVISA, Health Canada, WHO and others
19-10-2026
Dharan Infra-EPC Limited disclosed that the Hon'ble NCLT Mumbai Bench, by its order dated October 16, 2026, dismissed the application seeking withdrawal of the Corporate Insolvency Resolution Process (CIRP), which had been filed on the basis of a settlement with creditor Tata Capital. The CIRP will therefore continue under the Insolvency and Bankruptcy Code, 2016 and its applicable timelines. The intimation was filed by the Interim Resolution Professional, Palak Swapnil Desai, under Regulation 30 of the SEBI (LODR) Regulations, 2015.
- · The withdrawal application was based on a settlement with creditor Tata Capital, which the NCLT rejected
- · The NCLT order is dated October 16, 2026; the disclosure to exchanges was made on October 19, 2026
- · The IRP's registration is IBBI/IPA-001/IP-P-01517/2019-2020/12515, with AFA valid until 30.06.2027
19-10-2026
Molbio Diagnostics Ltd responded to a BSE surveillance query dated October 19, 2026, regarding a significant spurt in trading volume of its shares on both BSE and NSE. The company stated that the volume movement is purely market-driven, that all events required under Regulation 30 of the SEBI LODR Regulations, 2015 have been disclosed, and that no announcement or price-sensitive information is pending.
- · BSE script code is 544866
- · Company issued the clarification from Verna-Goa, and the Company Secretary's M.No is F13569
- · Company explicitly denied any pending price-sensitive information, which is a formal regulatory assurance rather than a financial disclosure
19-10-2026
Mirza International Limited has incorporated a new 100% wholly owned subsidiary, Mirza Footwear Limited, on October 19, 2026, to carry on manufacturing, retail, wholesale marketing and e-commerce of footwear. The subsidiary has an authorised share capital of Rs. 15,00,000 and has not yet commenced business, so no turnover or historical financials are available. The parent will fund the entity through a 100% initial subscription to its share capital in cash.
- · Target entity CIN: U47710UP2026PLC260158; country of incorporation: India
- · Transaction is classified as a related party transaction since the target is a wholly owned subsidiary of the promoter company
- · No governmental or regulatory approvals required; no indicative completion period applicable
- · Cost of acquisition and acquisition price are not applicable as the entity is newly incorporated and funded through share subscription
- · Filing made under Regulation 30 of SEBI LODR Regulations, 2015, with disclosure details per Schedule III and SEBI Master Circular
19-10-2026
Stanley Lifestyles Limited responded to a BSE surveillance query regarding a significant increase in the volume of its shares. The company stated it has complied with Regulation 30 of the SEBI LODR Regulations, 2015, confirmed there is no undisclosed or unpublished price-sensitive information or pending announcement, and attributed the volume increase to market-driven activity with no known specific reason. The filing contains no financial figures.
- · BSE surveillance reference number L/SURV/ONL/PV/APJ/2026-2027/455 dated 19 October 2026
- · Company denies any undisclosed or unpublished price-sensitive information or pending announcements that could affect price/volume behaviour
- · Company states it has no knowledge of any specific reason for the increased trading volume
19-10-2026
TVS Electronics Limited responded to a BSE Surveillance query (Ref. No. L/SURV/ONL/PV/APJ/2026-2027/456) seeking clarification on a significant increase in the company's trading volume. The company stated it has disclosed all events and information bearing on its operations and performance, including all price-sensitive information, as required under Regulation 30 of SEBI (LODR) Regulations, 2015, and that no information is pending disclosure. The filing contains no financial results, quantitative performance data, or new operational developments.
- · BSE Surveillance query reference: L/SURV/ONL/PV/APJ/2026-2027/456
- · Company asserts no pending Regulation 30 (SEBI LODR) information to be intimated
- · BSE scrip code: 532513
19-10-2026
Knack Packaging Ltd has scheduled a Board of Directors meeting for 27 October 2026 to consider and approve the standalone and consolidated unaudited financial results for the second quarter and half year ended 30 September 2026, as required under Regulation 33 of the SEBI LODR Regulations. The company has also closed the trading window for insiders, designated persons, connected persons and their immediate relatives from 1 October 2026 until 48 hours after the results are made public.
- · Board meeting date: Tuesday, 27 October 2026, under Regulation 29(1)(a) of SEBI LODR
- · Trading window closure effective from 1 October 2026 until 48 hours after financial results are made public
- · Trading window closure was intimated to exchanges via letter dated 25 September 2026
- · Scrip code 544814, symbol KNACK
19-10-2026
Qualitek Labs Limited disclosed under Regulation 30 that its wholly owned subsidiary, Interstellar Testing Centre Private Limited, received a work order from Bio-Resources Development Centre (BRDC), a Government of Meghalaya R&D institution, to support the setup, operation and accreditation of a Quality Control and Analytical Laboratory at BRDC Experimental Farm, Laitmynsaw, Upper Shillong. The company describes the order as being in the normal course of business, and the consideration and execution timeline have been withheld on grounds of commercial confidentiality.
- · Work order is a government-sector engagement from a Government of Meghalaya R&D institution under the Science & Technology department
- · Scrip Code 544091 on BSE; ISIN INE0Q1R01012
- · Order is domestic and does not involve promoter, promoter group, or group company interests
- · Order is not a related party transaction
- · Contract value and execution period are undisclosed citing commercial confidentiality, so the order's financial materiality cannot be assessed from this filing
19-10-2026
Quanto Agroworld Limited has informed BSE that its Board will meet on Saturday, 24 October 2026 to consider and approve unaudited financial results for the half year ended 30 September 2026. The company also confirmed that the trading window for all insiders under its Code of Conduct will remain closed until 26 October 2026.
- · Board meeting scheduled for Saturday, 24 October 2026, filed under SEBI LODR Regulation 29(1) and (2)
- · Trading window closure for insiders extended from the earlier notice dated 29 September 2026, now running until 26 October 2026
- · Security code 544932, security ID QAL on BSE
19-10-2026
Carysil Limited has intimated under Regulation 29 of SEBI LODR that its Board of Directors will meet on Wednesday, November 04, 2026 to consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The company also confirmed that its trading window for designated persons has been closed since October 01, 2026 and will reopen on November 07, 2026, 48 hours after results declaration.
- · Board meeting scheduled for November 04, 2026 to approve unaudited standalone and consolidated results for Q2 and H1 FY ended September 30, 2026
- · Trading window closed from October 01, 2026 and reopens November 07, 2026
- · Trading window closure is referenced to an earlier intimation dated September 25, 2026
19-10-2026
Icon Facilitators Limited disclosed under Regulation 30 of the SEBI Listing Regulations that it received a manpower services contract from Knight Frank (India) Private Limited for work at Fujitsu Consulting India Private Limited in Noida, with a total contract value of Rs. 63,30,436 and an execution period of 210 days (described as 7 months in the disclosure annexure). The filing states no promoter interest in the transaction and that it does not qualify as a related party transaction.
- · Work location is A-207, Sec-23, Noida, UP-201301
- · Contract is domestic and no promoter or promoter group interest is involved
- · Transaction is not classified as a related party transaction
- · Filing references SEBI Master Circular No. SEBI/HO/CFD/PoD2/P/0155 dated November 11, 2024 and SEBI/HO/CFD/CFD-PoD-2/P/CIR/P/2024/185 dated December 31, 2024
19-10-2026
Sumitomo Chemical India Limited has intimated under Regulation 30(6) of the SEBI LODR Regulations that an earnings call to discuss financial performance for the quarter and half-year ended 30 September 2026 (Q2 & H1 FY27) will be held on Tuesday, 27 October 2026 at 02:30 PM IST. The call will be hosted by senior management including the Managing Director, EVP, CFO and Company Secretary. The filing contains no financial figures, so no performance comparison is possible from this document.
- · Earnings call date and time: Tuesday, 27 October 2026 at 02:30 PM IST
- · Scrip code 542920, symbol SUMICHEM
- · Earnings call invite also hosted on the company website
- · RSVP contacts are Jigar Kavaiya / Parin Narichania of Strategic Growth Advisors Pvt. Ltd.
19-10-2026
Sejal Glass Limited filed an investor presentation under Regulation 30 for the quarter and half year ended September 30, 2026 (Q2 FY27). Consolidated Q2 FY27 revenue from operations was ₹138.09 Cr, up 32.8% YoY, with EBITDA margin of 18.35% (up 132 bps) and net profit margin of 10.31% (up 258 bps). The company's network has a total annual processing capacity of 61.94 Lakh Sq. Mt. at 54% utilisation, and its Silvassa plant's tempering line rose to 82% utilisation in Q2 FY27.
- · Company acquired Glasstech Industries in 2025; Taloja and Erode facilities were transferred via business transfer from Glasstech in April 2025
- · India tempering capacity rose from 7.80 to 24.01 Lakh Sq. Mt. and India capacity from 10.68 to 34.24 Lakh Sq. Mt. post-Glasstech
- · Railway-grade glass is an approved vendor product; company is bidding for Vande Bharat orders
- · Taloja and Erode plants are at 33% and 13% utilisation in FY26, indicating underutilised capacity
- · Railway-grade insulated and laminated glass rose to 68% of India sales in FY26 from 63% in FY25; insulated glass sales grew 2.8x
- · UAE hospitality orders within AED 27.6 mn win; first European order received in Q4 FY26; Africa exports started FY26
- · BR2 ballistic testing completed in India for high-security applications
19-10-2026
Wanbury Limited disclosed via a Regulation 30 filing that its Patalganga (Maharashtra) API facility received the National Safety Council's Certificate of Excellence for safety performance for the third consecutive year, and its Tanuku (Andhra Pradesh) API facility was named 'Best Employer' by the State Government. The filing is a recognition announcement with no financial figures, guidance, or performance metrics disclosed.
- · Facilities are USFDA and EUGMP approved (Tanuku and Patalganga)
- · APIs exported to over 50 countries
- · Company established in 1988 with script codes 524212 (BSE) and WANBURY (NSE)
19-10-2026
Galaxy Bearings Ltd. has intimated to BSE under Regulation 29 of the SEBI LODR Regulations that its Board will meet on October 26, 2026 to consider and take on record the unaudited financial results for the quarter and half-year ended September 30, 2026, along with any other business with the Chairperson's permission. The company reiterates that its trading window for insiders has been closed since October 1, 2026 and will reopen 48 hours after the results are declared. No financial figures are disclosed in this filing.
- · Board meeting scheduled for Monday, October 26, 2026 to approve unaudited results for quarter and half-year ended September 30, 2026
- · Insider trading window closed from Thursday, October 1, 2026, until 48 hours after results declaration
- · Trading window closure was previously intimated to BSE via letter dated September 25, 2026
- · Scrip Code 526073 (BSE), Scrip ID GALXBRG
19-10-2026
Kwality Pharmaceuticals Limited announced the acquisition of 4 acres of land adjacent to its existing manufacturing facility in Amritsar, Punjab, to support its next phase of growth. The company plans a fully automated facility with 4 injectable lines and 6+ lines for tablets, capsules, ophthalmic and other oral solid dosage formulations, designed with EU GMP (including Annex 1) considerations, targeting completion by Q4 FY2028 and full operations by Q2 FY2029. The filing does not disclose the acquisition consideration or any financial metrics.
- · Facility to be fully automated and designed with due consideration to EU GMP requirements, including Annex 1, where relevant
- · Expansion intended to meet demand for existing and upcoming products and create capacity for bioequivalence-led opportunities
- · Acquisition consideration and funding source not disclosed in the filing
19-10-2026
Viji Finance Limited has issued a Postal Ballot Notice seeking shareholder approval, via remote e-voting, to appoint M/s. DDS & Associates (Firm Registration No. 120362W) as Statutory Auditors to fill the casual vacancy caused by the resignation of M/s. Dharmendra K. Agarwal & Co. (Firm Registration No. 025525C). The appointment would run until the next AGM and cover the audit of the financial year ending 31 March 2027. E-voting runs from 26 October 2026 to 24 November 2026, with results expected by 26 November 2026.
- · Record date (cut-off) for voting eligibility is Friday, 16 October 2026
- · E-voting window: 9:00 AM IST, 26 October 2026 to 5:00 PM IST, 24 November 2026
- · Scrutinizer's result to be announced on or before 26 November 2026
- · Remuneration for the new auditor is to be determined per applicable law on Audit Committee recommendation and approved by the Managing Director
- · Board appointed L.N. Joshi as Scrutinizer at its meeting held 14 October 2026
19-10-2026
Centenial Surgical Suture Ltd. (BSE scrip 531308) wrote to the BSE Investigation/Surveillance Department on October 19, 2026, flagging an abnormal price fall not supported by any corporate announcement or material change in business, and alleging manipulative/unusual trades in its scrip. The company reported that on October 19, 2026 only 1 equity share traded at Rs.71.25 in the morning session, and it requested urgent surveillance action for possible misuse or unethical trading. The annexure lists weekly demat/remat and buy/sell activity by resident individuals from August 21 to October 16, 2026, with some holders showing large sell-downs (e.g., Jayendra Shrikant Kulkarni's holding fell from 24,268 to 17,192 over the period), while numerous small-to-large purchases were recorded across many accounts.
- · Company alleges the price fall is not supported by any corporate announcement or material change in business activities
- · Company requests urgent attention for possible misuse, unethical, or unusual trades and asserts the activity appears premeditated
- · The letter states the activity has been happening frequently, with prior letters referenced
- · Annexure covers weekly shareholding movements from August 21, 2026 to October 16, 2026, showing a mix of sell-downs and fresh buying across many resident individual accounts
- · Large single-week sell-downs include Jayendra Shrikant Kulkarni (6,330 shares sold Oct 09-16, 2026) and Harishchandra Sankalchand Mehta (889 to 850 shares)
19-10-2026
Sayaji Industries Limited executed a conveyance deed on 19 October 2026 to sell idle land measuring 63,787 square meters at Survey No. 1300 (old Survey No. 174), Final Plot No. 34/2, Village Kathwada, Taluka Dascroi, District Ahmedabad, Gujarat, for a consideration of Rs. 73,00,00,000 (Rupees Seventy-Three Crore Only). The buyer is a third party unrelated to the promoter or promoter group, and the transaction is not a related party transaction. The filing is a routine Regulation 30 disclosure referencing an earlier postal ballot approval dated 11 December 2023.
- · Land is located at Survey No. 1300 (old Survey No. 174), Final Plot No. 34/2, Village Kathwada, Taluka Dascroi, District Ahmedabad, Gujarat
- · Sale was executed under a conveyance deed with completion on the same date as the agreement
- · Transaction falls outside related party transaction rules and the buyer is not a promoter or promoter group entity
- · Disclosure made under Regulation 30 of SEBI LODR, referencing SEBI Master Circular dated 30 January 2026
- · Filing references a prior postal ballot intimation dated 11 December 2023 approving the asset sale
19-10-2026
Punj Lloyd Ltd has issued notice of its 38th Annual General Meeting, to be held on September 30, 2026 at the Registered Office in New Delhi, covering adoption of FY2026 standalone and consolidated financial statements, appointment of Statutory Auditors (M/s. Shah Dhandharia & Co. LLP) for five years, ratification of Cost Auditor remuneration of up to Rs 60,000 (M/s. KVM & Co.), and regularization of several Additional Directors. The filing contains no insolvency proceedings, despite being preliminarily tagged as Insolvency; no quantitative period-over-period financial results are disclosed.
- · Statutory auditor appointment is for an initial five-year term through the 43rd AGM in 2031, with a term of up to two five-year terms permitted under Section 139
- · Independent Director appointments for Sushama Oza and Toral Rajput are proposed as special resolutions for three-year terms
- · Rahul Singh Tomar was appointed as Additional Director effective July 31, 2026, the most recent board change
- · The AGM is noted as being held at shorter notice under Section 101 of the Companies Act, 2013
19-10-2026
CL Educate Limited's Board approved, on October 19, 2026, a Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013 under which its wholly owned subsidiary DEXIT Global Limited will be merged into the company. The scheme is subject to approval from the National Company Law Tribunal and other regulatory authorities. No shares will be issued and no cash consideration is involved, so the shareholding pattern of CL Educate will not change.
- · DEXIT Global Limited is a wholly owned subsidiary, so the transaction falls under the exemption for related party transactions in General Circular No. 30/2014 and Regulation 23(5)(b) of the Listing Regulations, and no arm's length assessment is required.
- · No valuation is required because no shares will be issued by CL Educate.
- · The amalgamation is intended to simplify the organizational structure, achieve economies of scale, and eliminate duplicated administrative costs and compliance overheads.
- · DEXIT operates in IT-enabled and digital services for the BFSI segment, which is a different business area from CL Educate's education and test preparation activities.
19-10-2026
Tata Elxsi reported operating revenue of INR 1055.7 crore for Q2 FY27, growing 2.3% in constant currency, with EBITDA of INR 231.4 crore (up 7.1% QoQ and 19.7% YoY) and an EBITDA margin of 21.9%, a 70 basis point sequential improvement. Growth was uneven: transportation grew 2% QoQ in constant currency, media and communication grew 3.4%, and healthcare and life sciences grew 3.5%, while Europe remained soft due to automotive weakness. Management expects H2 to be better than H1, but flagged Q3 furloughs and continued European deal delays as risks.
- · Margin expansion of 60-70 bps was driven by cross-currency benefits, with 10-20 bps from operational leverage and one-time costs going away, offsetting the annual wage revision.
- · Europe remained soft, with large automotive deals still awaiting decisions from big OEMs, and management noted no ramp-downs on signed Europe deals but slow ramp-up or status quo.
- · Management stated a Q3 furlough risk is pending customer-specific direction, and Q3 is typically a short quarter with fewer working days.
- · JLR was described as going through its own challenges including layoffs, which management is monitoring closely.
- · Management does not provide formal guidance as a policy; the only forward view is that H2 FY27 revenue is expected to exceed H1 on a YoY basis.
19-10-2026
GEM Enviro Management Limited (BSE: 544199) has acquired a 75% stake in Novuscom Neo Private Limited through the allotment on October 19, 2026 of 30,000 equity shares and 2,70,000 0.001% compulsorily convertible preference shares (CCPS), each of face value Rs. 10, on a preferential basis for a total cost of Rs. 30,00,000 paid in cash. Novuscom, incorporated November 3, 2025, has not yet commenced business operations and will become a subsidiary of the company, operating in sustainability-focused analytics and brand assessment, which the company describes as aligned with its environmental sustainability core business. No governmental or regulatory approvals are required.
- · Novuscom has not commenced business operations and reports no turnover, so the acquisition carries no current revenue contribution
- · Transaction follows an earlier corporate announcement dated September 16, 2026
- · Novuscom was incorporated in India on November 3, 2025 under the Companies Act, 2013
- · Transaction is disclosed as not requiring any governmental or regulatory approval
- · Post-transaction, Novuscom becomes a subsidiary of GEM Enviro Management Limited
19-10-2026
Artemis ADR Marketplace Limited (formerly Jetmall Spices and Masala Limited) disclosed under Regulation 30 that it executed a Software Development and Implementation Services Agreement with Jupitice Justice Technologies Private Limited on April 01, 2026, valued at INR 24.60 Cr. The developer will manage end-to-end delivery of an ADR marketplace platform, with a reference programme running from April 1, 2026 to September 30, 2027. The counterparty is related to the promoter group, as it is a shareholder in the same company, and the transaction would fall within related party transactions, which the company states was done at arm's length.
- · Counterparty Jupitice Justice Technologies Private Limited is a shareholder in the same company, making it a related party; the company states the transaction is at arm's length
- · Agreement is contractor-managed with no deferred functionality
- · Company holds Nil shareholding in the counterparty entity
19-10-2026
Infosys Limited announced via press release dated October 19, 2026 that it will report its second quarter results for the period ended September 30, 2026 on October 23, 2026 at approximately 3:45 p.m. IST. The company also scheduled a press conference at 4:30 p.m. IST and a 60-minute earnings call at 6:00 p.m. IST on the same day, with live webcasts and archived replays available on its Investor Relations website. This is a scheduling announcement and contains no reported financial results.
- · Q2 results (quarter ended September 30, 2026) to be released around 3:45 p.m. IST on October 23, 2026 over wire services
- · Press conference streamed live at 4:30 p.m. IST on October 23, 2026, with archive available after 6:30 p.m. IST
- · Earnings call open to investors and analysts in all regions; archive available after 8:00 p.m. IST, with replay accessible through October 30, 2026
- · Investor questions during the call may be submitted to [email protected]
- · Dial-in numbers provided for India, US, Singapore, Hong Kong, Japan, UK, Germany, Canada, and France; early DiamondPass™ registration encouraged due to limited call capacity
19-10-2026
Microse India Limited has disclosed that Chief Financial Officer Mr. Amit Mishra (also described as Group CFO and Key Managerial Personnel) has resigned due to personal reasons, effective 1 November 2026, and has confirmed no other material reason for leaving. The resignation was filed under Regulation 30 of the SEBI Listing Regulations and the letter of resignation is enclosed.
- · Resignation effective date: 1 November 2026, at which point Mr. Mishra ceases to be CFO and KMP
- · Annexure II resignation letter is dated 19 October 2026 but refers to effective date as '1st November, 2025', an apparent typographical inconsistency with the 2026 effective date stated in the notice
- · Filing references SEBI Master Circular dated 30 January 2026 (No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026)
- · Notice is also uploaded to the company website; scrip code 523343 on BSE
19-10-2026
Piramal Finance Limited's Board approved the appointment of Mr. Dinesh Kumar Khara, former Chairman of the State Bank of India, as an Additional Director designated as Independent Director, effective 19 October 2026 for a five-year term, subject to shareholder approval. The accompanying press release highlights Mr. Khara's tenure at SBI (October 2020 to August 2024), during which SBI's market capitalisation rose from approximately US$20 billion to US$90 billion and net NPA ratio declined from 1.50% in FY21 to 0.57% in FY24. The filing contains no period-over-period financial results for Piramal Finance itself.
- · Appointment is subject to shareholder approval; the Board meeting ran from 2:00 p.m. to 3:25 p.m. on 19 October 2026
- · None of the Directors are inter-se related to Mr. Khara, and he is not debarred from holding office under any SEBI Order or other authority
- · Mr. Khara joined SBI as a Probationary Officer in 1984 and held roles across corporate and international banking, treasury, risk, technology and compliance
- · Mr. Khara received the Business Today Best Banks Lifetime Achievement Award 2025, Financial Express Best Banks Lifetime Achievement Award 2024, and CNN-News18 Indian of the Year 2023 (Business), among other honours
- · Mr. Khara currently serves as an Operating Advisor to the Abu Dhabi Investment Authority
- · Piramal Finance is rated 'AA+' (Stable) by CRISIL, ICRA and CARE, 'BB' by S&P Global, and 'Ba2' (Positive) by Moody's
19-10-2026
Hindustan Zinc Limited filed its Investor Presentation for Q2 and H1 FY27 (quarter and half year ended September 30, 2026), following its financial results declaration. The company reported record quarterly and half-year production, with Q2 revenue from operations of ₹ 15,093 crore (up 77% YoY), EBITDA of ₹ 9,285 crore (up 108% YoY) and net profit of ₹ 6,412 crore (up 142% YoY); H1 revenue from operations was ₹ 28,840 crore (up 77% YoY) and H1 net profit ₹ 11,881 crore (up 143% YoY). Zinc cost of production improved to $703/MT in Q2 (better 29% YoY), though the presentation does not explicitly flag any declining segment.
- · Record Q2 mined metal production of 271 KT and record H1 mined metal production of 539 KT
- · Zinc cost of production of $703/MT in Q2 FY27 and $776/MT in H1 FY27, driven by better mined grades, higher metal production and by-product realisations
- · Silver contributed c.45% to overall profitability
- · Renewable energy at 27% of overall power consumption; HZAPL now sources 100% power from renewable sources
- · Ranked 1st in Metals & Mining sector at S&P Global CSA 2025 for the third consecutive year; first Indian company to join ICMM
- · Consistently rated AAA by CRISIL Ratings Limited
- · Critical mineral block progress: Tungsten exploration started Q4FY26; Potash and REE composite licenses granted; REE & Yttrium LOI received for Gundlupet
- · Industry outlook: structural zinc supply deficit expected post-2030; silver market heading for sixth straight year of deficit in 2026
- · Safety and sustainability: TRIFR at 1.3 in FY26 range trend; zero fatalities reported in FY26 and 1HFY27 per the ESG metrics
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