Daily Filing Digest — Wednesday, 7 Oct 2026

Seven banks raised their repo-linked lending rates by 25 bps within hours of the RBI's 7 October repo-rate increase, to 5.50%. The NCLT admitted an insolvency petition against Polycab, a company with over ₹4,000 crore of net cash, over a disputed ₹2.79 crore. Income-tax officials searched Prime Focus's offices. Ola Electric fixed a ₹1,000 crore rights issue at ₹27 a share. And three jewellers reported Q2 growth of 26–29%, in a quarter when Senco says gold prices averaged about 28% higher.

The ones to read first

• The RBI's repo increase reached loan rates the same day. Bank of India says it changed its rate "on account of upward revision in Repo Rate announced by RBI, today"; Indian Bank and Bank of Baroda put the repo rate at 5.50%, from 5.25%. Seven banks filed 25 bps increases in their repo-linked lending rates:

PNB says its MCLR and base rate are unchanged. Loans linked to the repo rate reprice at once; most deposits reprice only when they renew.

• Polycab India: the NCLT Ahmedabad admitted a petition from Asier Metals under Section 9 of the IBC, starting insolvency proceedings over "an alleged operational debt of ₹2.79 crore".
  • Polycab calls it a commercial dispute and is appealing to the NCLAT.
  • It says it has zero debt, net cash above ₹4,000 crore and a net worth of ₹11,682 crore.
• Prime Focus confirmed an income-tax search at certain offices, begun on the morning of 7 October and still under way. It says it has received no finding or demand, and operations continue.
• Ola Electric fixed its rights issue: 37.03 crore partly paid shares at ₹27 each, up to ₹999.74 crore.
  • Ratio: 2 rights shares for every 25 held; record date 13 October.
  • ₹16.20 is payable on application, and ₹10.80 on a final call expected by 31 October 2027.
  • The company statement says the promoter will invest "on the same terms".

Q2 updates: jewellers and consumer

• Kalyan Jewellers: consolidated revenue +26%+ (India ~27%, same-store growth ~20%). Non-GML debt is now zero, and it sold ~₹86 crore of non-core real estate.

• Senco Gold: retail revenue +29%, same-store growth 19%. It says average gold prices were ~28% higher year on year; diamond jewellery value rose 31% while volume rose 7%.

• PC Jeweller: consolidated revenue ~+28%. It received ~₹142 crore from export debtors and says it is now free of bank debt.

  Full read: India's Jewellers Grew 26–29% in Q2. Gold Rose About 28%.

• Jubilant FoodWorks: consolidated revenue +11.9%; Domino's India like-for-like growth 4.1%; 108 net new stores, 3,820 in all.

• Matrimony.com: Q2 billings +10.7% to ₹131.09 crore.

Q2 updates: industry and finance

• Tata Steel: India crude steel output +10% to 6.21 million tons; India deliveries 5.97 million tons. UK deliveries fell to 0.38 million tons from 0.57 a year ago.
• Satin Creditcare: consolidated AUM ~+31% to ~₹16,600 crore; H1 disbursements +48% to ₹7,192 crore.
• ARCIL reported Q1 FY27 profit doubling to ₹143 crore as recoveries rose 151%.
• Fino Payments Bank: September average deposits +13% to ₹2,794 crore; new deposit accounts fell 17%.

Deals and capital

• Inox Green paid ₹550 crore for Wind World India's 4.5 GW wind O&M business under its resolution plan. It will own 75% of the buying subsidiary; Authum put in ₹100 crore. The business had ~₹580 crore of FY26 revenue.
• Adani Energy Solutions signed to buy Satara Power Transmission from PFC Consulting, the SPV for its ₹4,700 crore Maharashtra transmission project.
• Dixon Technologies signed a JV with Gemtek (60:40) to make optical transceivers in India.
• Maharashtra Seamless plans to demerge its Mangaon and Narketpally seamless-pipe plants into two subsidiaries.
• JSW Steel redeemed early its US$500 million 3.95% notes, which were due in April 2027.
• Aarti Industries called an EGM to approve raising up to ₹1,000 crore.
• Agastya Energy's shareholders approved a preferential issue of shares and warrants worth up to ~₹566 crore at ₹55.03.
• Sky Gold bought Purvi Gems & Jewellery for ₹9 crore, which it says is book value. Purvi's FY26 turnover was ₹760 crore.
• RPSG Ventures denied a report that it plans to sell 15–20% of Lucknow Super Giants.

Orders and capacity

• Dilip Buildcon won PNGRB authorisation for a Paradip–Raipur LPG pipeline through a 100% SPV; EPC work worth ~₹1,800 crore is to come to DBL.
• L&T received a limited notice to proceed for the main plant of the 1,600 MW Chandrapura thermal project (a "Major" order by its classification).
• Swastika Infra won a ₹615.76 crore MSEDCL order, which it puts at ~1.2× FY26 revenue.
• Voltamp Transformers started production at its new Unit-III plant near Vadodara.

Courts, tax and incidents

• Torrent Power terminated a 300 MW wind PPA with SECI because of "continued uncertainty" about the project; it owes ₹39.78 crore of liquidated damages.
• MRF: a Kerala rectification order cut a CST demand for FY15 from ₹91.53 crore to ₹36.19 crore.
• Midwest received a DGMS prohibitory order at its Chimakurthy granite mine after a side of the mine collapsed.
• ASK Automotive: Rajasthan GST officials carried out an inspection and search at its Bhiwadi plant on 6 October; the company says it ended the same day with no impact on operations.
• Sudarshan Chemical: the Maharashtra GST inspection and search that began on 1 October concluded on 6 October; the company is submitting documents.
• Bharat Forge: the Delhi High Court dismissed T K Jain's appeal, leaving the order that set aside the arbitral award in place.
• UFO Moviez settled its dispute with TSR Films and signed a new advertising-rights buyout agreement.

Ratings

• Adani Enterprises: CARE upgraded its long-term rating to AA/Stable, which the company calls its highest ever.
• Bank of Baroda: CARE reaffirmed AAA, and says it expects FY27 profit to moderate "largely" because of a one-time ₹5,680 crore provision for the NMC Health settlement.
• SAIL: CARE revised the outlook on its AA rating to Positive.

People

• Talwalkars appointed Shilpa Singh as both MD and CFO; its previous MD and CFO resigned on 5 and 6 October.
• LIC appointed five independent directors.

Educational research, not investment advice. Every item above is drawn from the company's own filing on NSE, read from the primary document; derived figures are our arithmetic and are labelled. No buy/sell recommendations, no price targets, no share prices. Moat & Margin is not a SEBI-registered Research Analyst or Investment Adviser.