Tata Motors’ landmark demerger has unlocked significant shareholder value, with the combined market capitalisation of its two newly listed entities — Tata Motors (Commercial Vehicles) and Tata Motors Passenger Vehicles Limited (TMPVL) — crossing ₹2.7 lakh crore on Wednesday. The commercial vehicle arm debuted at ₹335 per share,…
Marathon NextGen Realty Limited has announced the launch of Phase III of its flagship township Marathon Nexzone in Panvel, titled “The Nirvana Collection.” With an estimated Gross Development Value (GDV) exceeding ₹600 crore, the project underscores the company’s focus on premium residential offerings and sustainable development in one…
The Phoenix Mills Limited (PML) has increased its shareholding in Island Star Mall Developers Private Limited (ISMDPL) from 51% to 55.57% following a share buyback by ISMDPL from Canada Pension Plan Investment Board (CPP Investments). The transaction, valued at ₹895 crore, marks the first step in CPP Investments’…
DOMS Industries Limited, a leading name in the stationery and art supplies sector, has released its Monitoring Agency Report for the quarter ended September 30, 2025, highlighting effective utilization of funds raised through its Initial Public Offering (IPO). The report confirms that the company has deployed funds strictly…
Dividend-focused investors have several opportunities to watch this week, as five listed companies — The Great Eastern Shipping Company, ADF Foods, Amara Raja Energy & Mobility, Patanjali Foods, and Sasken Technologies — have declared interim dividends. The ex-dividend date for all five firms is set for November 13,…
L&T Technology Services Limited (LTTS), a global leader in Engineering, Research & Development (ER&D) and digital consulting, has announced a strategic partnership with Autodesk to accelerate AI-driven digital transformation across the process and manufacturing industries. The collaboration combines LTTS’s deep expertise in AI, automation, and plant engineering with…
API Holdings Limited, the parent company of PharmEasy, has fully redeemed its Series 2 Non-Convertible Debentures (NCDs) worth ₹500 crore as of October 28, 2025, marking another step toward debt reduction. However, the share pledge arrangement involving Thyrocare Technologies Limited remains intact. Pledge on Thyrocare Shares Unchanged Despite…
Sarda Metals & Alloys Ltd (SMAL), a wholly owned subsidiary of Sarda Energy & Minerals Ltd (SEML), has received an improved credit rating outlook from CRISIL, reflecting its strengthened financial and operational profile. Credit Rating Update CRISIL reaffirmed SMAL’s long-term and short-term credit ratings while revising the outlook…
UTI Asset Management Company Limited (UTI AMC) has enhanced employee participation in the company by approving the allotment of 22,732 equity shares under its Employee Stock Option Scheme (ESOS) 2007. The move reflects the firm’s ongoing efforts to strengthen employee engagement and align long-term interests between staff and…
Suraj Industries Limited has successfully completed its rights issue allotment, raising approximately ₹119.70 crore through the issuance of 2,99,25,394 partly paid-up equity shares at ₹40 per share (including a premium of ₹30). The issue witnessed robust investor participation, with an oversubscription of 113.56%, reflecting strong shareholder confidence in…