Daily Filing Digest — Friday, 16 Oct 2026

The Supreme Court dismissed the appeals over Yes Bank's March 2020 write-down of ₹8,415 crore of AT-1 bonds, so the write-down stays set aside; the bank puts the effect on its core capital ratio at about 2.5 percentage points. Punjab National Bank's profit rose 12.8%, but its margin and bad-loan ratio are still outside the guidance it set for the year. E2E Networks' revenue rose 411% on its GPU cloud, and it signed a term sheet of about ₹1,000 crore with a sovereign AI company. LTM's revenue rose 13.6% while its profit was flat and new orders fell. And an arbitration tribunal rejected a ₹908 crore claim against Tata Chemicals.

The ones to read first

• Yes Bank: the filing states that the Supreme Court, on 15 October, upheld the Bombay High Court's judgment of 20 January 2023 and dismissed the appeals filed by the bank, the Reserve Bank of India and the Union of India. The High Court had set aside the administrator's March 2020 write-down of Additional Tier-1 (AT-1) bonds of ₹8,415 crore, a kind of bond that can be written off to protect a bank's capital. We reported on 15 October that the judgment had been pronounced; the bank had not then said what it decided.
  • The order says the annual coupon is unaffected by the appeals and must be paid in terms of the bonds' information memoranda.
  • The capital effect, as the bank states it: the pro forma impact of reinstating the bonds' principal on its CET1 ratio (core equity capital as a share of risk-weighted assets) at 30 June 2026 is expected to be about 250 basis points (2.5 percentage points). Its Tier 1 ratio would stay at 14.0%.
  • The bank says it is reviewing the order and its implications, is evaluating all available legal options, and has "access to appropriate capital-management levers".
• Punjab National Bank reported net profit of ₹5,532 crore for the September quarter, up 12.8% from ₹4,904 crore. Advances rose 14.7% to ₹13,41,194 crore. The results statement gives net bad loans of 0.25% against 0.36%, and the joint auditors' review conclusion is not modified (the scan is partly garbled; only clearly printed figures are used). Its analyst presentation sets the year's guidance beside the quarter:

• The net interest margin (the gap between what the bank earns on loans and pays on deposits) rose to 2.58% from 2.50% in the June quarter.

• E2E Networks, which rents out GPU computing in the cloud, reported standalone revenue from operations of ₹223.76 crore against ₹43.80 crore and profit of ₹72.71 crore against a loss of ₹13.46 crore (converted from lakh). The auditors' review conclusion is unmodified.

  • Its press release puts revenue up 411% and EBITDA (operating profit before interest, tax, depreciation and amortisation) at ₹171.5 crore, a 76.6% margin. Depreciation was ₹74.0 crore and profit before tax ₹97.1 crore (converted from ₹ million).
  • It signed a binding term sheet of about ₹1,000 crore, excluding taxes, with an Indian sovereign AI company it does not name, for NVIDIA Blackwell cloud GPUs and allied services, valid through June 2029.
  • Its presentation gives about 5,100 GPUs live, including 1,024 B200s, and borrowings of ₹450.4 crore at 30 September against ₹103.2 crore at 31 March (converted from ₹ million).

  Full read: E2E Networks' EBITDA and Its Profit Tell Two Stories. Five Quarters Show the Margins Converging

• LTM (formerly LTIMindtree) reported consolidated revenue of ₹11,808 crore, up 13.6%, and profit of ₹1,379.9 crore against ₹1,381.2 crore (converted from ₹ million). The EBIT margin was 15.6% against 15.9%. Order inflow was US$1.26 billion against US$1.59 billion a year ago and US$1.68 billion in the June quarter. Interim dividend ₹25 a share, record date 23 October.

• Tata Chemicals: the filing states that a three-member tribunal under the rules of the Mumbai Centre for International Arbitration, by a final award of 15 October, unanimously rejected the ₹908 crore claim of Allied Silica Limited and its promoter against the company. By majority it directed the company to pay ₹1 crore of principal with interest and certain costs; the dissenting member rejected that direction. The company says it is examining the award.

Q2 results

• DLF reported consolidated profit of ₹1,301 crore against ₹1,171 crore, while revenue from operations fell to ₹1,261 crore from ₹1,643 crore. Other income rose to ₹881 crore from ₹460 crore and includes a fair-value gain on its investment in Atrium Place held through compulsorily convertible debentures. Sales bookings were ₹3,800 crore, collections ₹2,780 crore and net cash ₹15,084 crore. In the review report the auditors draw attention to lawsuits against the company, including a ₹630 crore penalty imposed by the Competition Commission of India, which the company has appealed; the conclusion is not modified.
• Oberoi Realty reported consolidated revenue from operations of ₹1,670.95 crore against ₹1,779.04 crore and net profit of ₹761.65 crore against ₹760.26 crore (converted from lakh); the operating margin was 60.99% against 57.35%. Its release puts booking value at ₹10,199.57 crore in the half year against ₹2,937.73 crore a year earlier, ₹9,149.69 crore of it in the September quarter, and says it has entered the NCR with its project Three Sixty North. Second interim dividend ₹2 a share, record date 23 October.
• Urban Company reported a consolidated loss of ₹182.48 crore against ₹59.33 crore, on revenue from operations of ₹537.29 crore against ₹380.03 crore. Its media release puts adjusted EBITDA (the company's own measure of operating profit) at a loss of ₹144 crore, which includes a ₹174 crore adjusted EBITDA loss at InstaHelp, its quick home-help service; without InstaHelp it was a profit of ₹30 crore. It held ₹1,901 crore of cash and treasury investments. The board approved raising up to ₹2,500 crore through shares or convertible securities, subject to a postal ballot, and in principle approved exploring home air conditioners under its Native brand. The review conclusion is not modified.
• Solara Active Pharma Sciences reported consolidated revenue of ₹417.8 crore against ₹313.9 crore, EBITDA of ₹76.9 crore against ₹35.3 crore (an 18.4% margin) and profit of ₹28.5 crore against a loss of ₹10.1 crore, after a ₹4.5 crore loss on selling an unusable plant (converted from ₹ million). Its business outside ibuprofen had revenue of ₹327.3 crore at a 23.6% EBITDA margin; ibuprofen is close to breakeven. Net debt was ₹500 crore, about 1.8 times EBITDA against 3.2 times at the end of 2025-26; the company's footnote says the 1.8 uses the first half's EBITDA scaled up to a full year and the 3.2 uses the full year's EBITDA.
• Bajaj Housing Finance reported standalone total income of ₹3,251.09 crore against ₹2,748.19 crore and profit of ₹756.97 crore against ₹642.96 crore; the review conclusion is unmodified. Its presentation puts assets under management at ₹1,58,205 crore, up 25%, while net interest income rose 10% to ₹1,055 crore and the net interest margin was 3.7% against 3.9%. Gross bad loans were 0.29% against 0.26%.
• Federal Bank reported net profit of ₹1,386.09 crore, up 45.10% from a year earlier. Net interest income rose 26.38% to ₹3,153.40 crore and the net interest margin was 3.32%, up 26 basis points, both also against the same quarter last year. Gross and net bad loans were 1.32% and 0.17%.
• Ujjivan Small Finance Bank reported total income of ₹2,448.94 crore against ₹1,938.66 crore and profit of ₹365.05 crore against ₹121.72 crore (converted from lakh). Gross bad loans were 2.10% against 2.45% and the capital adequacy ratio 20.69%. The joint auditors' report is unmodified. Its press release states that Sanjeev Nautiyal retired early at his request on health grounds; its presentation says he ceased to be a board member from 1 September 2026. Whole-time director Carol Furtado is interim chief executive, and the board's nomination committee is preparing a candidate for managing director for the regulator.
• Jayaswal Neco Industries reported standalone net sales of ₹2,194 crore against ₹1,781 crore, EBITDA of ₹447 crore against ₹331 crore and profit of ₹230 crore against ₹105 crore; finance cost fell to ₹62 crore from ₹112 crore. In the review report the auditors draw attention to the Enforcement Directorate's provisional attachment of ₹307.58 crore (₹30,758 lakh) of the company's properties, which the PMLA appellate tribunal set aside; the ED's challenge to the special court's discharge of the company is before the Delhi High Court. The conclusion is not modified.
• Crompton Greaves Consumer Electricals reported consolidated revenue of ₹2,263 crore, up 18.2%, EBITDA of ₹205 crore (a 9.0% margin against 8.6%) and profit of ₹125 crore against ₹75 crore. The lighting EBIT margin fell to 12.9% from 15.5%, which it ties to a business order at pre-contracted prices.
• Jindal Saw reported standalone revenue of ₹3,823.80 crore against ₹3,371.85 crore; profit before tax fell to ₹43.93 crore from ₹104.75 crore, and profit after tax was ₹70.69 crore after a ₹26.76 crore tax credit. Consolidated profit was ₹35.28 crore against ₹138.56 crore. Its highlights say all exports to the Middle East and North Africa have been halted since March because of regional instability, and that the Indian water-pipe business faces oversupply and delayed Jal Jeevan Mission payments. The pipes and pellets order book is about US$1,135 million, with letters of intent for about US$575 million more.
• Himadri Speciality Chemical reported consolidated revenue of ₹1,691.43 crore against ₹1,071.03 crore, and profit before tax of ₹307.34 crore against ₹236.54 crore, which is up about 30% (our arithmetic). The review conclusion is not modified. The scan is partly garbled; we give only clearly printed figures.
• Indo Rama Synthetics reported consolidated total income of ₹1,344.0 crore, up 10.0%, EBITDA of ₹117.7 crore against ₹80.4 crore (8.8% against 6.6%) and profit of ₹74.1 crore against ₹24.6 crore. Its board approved about ₹200 crore for speciality filament and fibre at Butibori, Nagpur, expected to run in 12 to 18 months.
• Shoppers Stop reported consolidated sales of ₹1,366 crore against ₹1,257 crore and profit of ₹3 crore against a loss of ₹20 crore. Its presentation puts beauty sales up 18% at ₹367 crore and standalone net debt down ₹82 crore from September 2025; the debt figure is on the company's non-GAAP basis (its own measure, which counts lease rent as an expense). The auditors draw attention to ₹20.11 crore (consolidated) of retrospective service tax on rented property, for 2007 to 2010, not provided for while an appeal is before the Supreme Court; the conclusion is not modified.
• Tejas Networks' presentation gives revenue of ₹406 crore against ₹262 crore and a loss of ₹207 crore against ₹307 crore. The order book was ₹2,315 crore against ₹1,529 crore in June, and net debt ₹4,384 crore against ₹4,277 crore. The presentation does not say whether the figures are consolidated; the board outcome is a scan we did not use.
• Onward Technologies reported total revenue of ₹171.2 crore against ₹140.1 crore and profit of ₹16.8 crore against ₹11.9 crore, at a 15.6% EBITDA margin; these match the consolidated total income and profit in its results statement. It raised its outlook for the year to 15% to 18% revenue growth and a 13.8% to 14.3% EBITDA margin.
• Phoenix ARC (debt-listed; an asset reconstruction company, which buys bad loans) reported standalone total income of ₹165.50 crore against ₹78.43 crore and profit of ₹75.42 crore against ₹22.73 crore. Gains on fair-value changes were ₹101.64 crore against ₹10.83 crore (converted from lakh). The board consented to up to ₹600 crore of secured debentures, subject to shareholders. The auditor's conclusion is unmodified.
• SG Finserve reported consolidated profit of ₹58.53 crore for the September quarter against ₹28.40 crore a year earlier; its loan book rose 98% in a year to ₹5,694 crore, with no bad loans reported.
• Aurum PropTech's media release gives consolidated total income of ₹137 crore against ₹88 crore and an adjusted EBITDA margin of 11.5% against 3.1% (the results tables are image scans).
• Bajaj Finserv gave provisional September premiums: Bajaj General Insurance wrote ₹2,363 crore of gross direct premium (premium written before any share passed to reinsurers) against ₹2,219 crore, and Bajaj Life Insurance ₹1,830.86 crore of new-business premium against ₹1,374.58 crore, the rise led by group single premium (₹1,060.85 crore against ₹596.68 crore).
• Groww (Billionbrains Garage Ventures), whose results we reported on 14 October, filed its call transcript. Management said the cost of serving customers rose on AI costs, more trading days and a one-time hit of about ₹10 crore to ₹13 crore from delayed files on an expiry day; the cost of winning customers ("cost to grow") fell because there was no IPL campaign this quarter; that spending runs at ₹400 crore to ₹500 crore a year. A derivatives or commodity order is charged ₹20.
• Wipro, whose results we reported on 15 October, filed its call transcript: management said two large deals could not be signed in time and are slipping into the December quarter, and that it expects both to be signed. Total contract value signed was US$2.6 billion, with nine large deals. Operating cash flow was 166% of net income.
• Smaller companies: Paushak revenue ₹89.32 crore against ₹58.78 crore, profit ₹13.51 crore against ₹8.61 crore; Modison revenue ₹279.03 crore against ₹145.16 crore, standalone profit ₹23.32 crore against ₹11.66 crore including a ₹3.60 crore exceptional gain, interim dividend ₹4, record date 23 October; Raghav Productivity Enhancers consolidated revenue ₹92.81 crore against ₹63.59 crore, profit ₹21.63 crore against ₹13.84 crore; Supreme Power Equipment (NSE Emerge) half-year standalone total income ₹128.44 crore against ₹81.63 crore, profit ₹13.65 crore against ₹9.41 crore; SBI Factors (debt-listed) half-year profit ₹33.27 crore against ₹37.26 crore. Lakh figures are converted to crore.

Deals and capital

• Jio Credit (debt-listed; Jio Financial Services' lending arm) called a shareholder meeting for 19 October, at short notice, to approve the doubling of its borrowing limit to ₹1,00,000 crore that we reported on 12 October, and up to ₹50,000 crore of debentures in 2026-27. The notice adds two things.
  • Its plan for the year expects the loan book to reach about ₹55,000 crore by March 2027, and total assets about ₹1,02,000 crore in 2027-28, needing about ₹80,000 crore of funding; it puts the gross borrowing need for 2026-27 at more than ₹80,000 crore.
  • It seeks approval for related-party borrowing of up to ₹7,500 crore from group companies: ₹2,500 crore of term loans from Reliance Services and Holdings and ₹5,000 crore of term loans or subordinated debentures from Reliance Industrial and Investments Holdings. Term loans would be for up to six months.
• Ujjivan Small Finance Bank's board approved a preferential issue of up to 6,31,91,619 shares at ₹64.73, about ₹409.04 crore, to International Finance Corporation (up to ₹249.04 crore), Bajaj Life Insurance, Aditya Birla Sun Life Insurance and HDFC Life Insurance. Shareholders vote at an EGM on 13 November.
• Persistent Systems' committee approved terms for up to ₹8,000 crore of non-convertible debentures and up to ₹1,000 crore of unsecured commercial paper of up to one year, by private placement, as long-term debt financing for its purchase of Nagarro SE.
• RBL Bank received RBI approval, dated 16 October, to absorb the Indian branches of Emirates NBD Bank; the amalgamation takes effect on 1 December, when they become RBL Bank branches.
• Prime Focus called an EGM for 7 November to approve giving up control of Brahma AI Holdings and Brahma AI Services India. Multiples funds will invest US$100 million; Prime Focus keeps an indirect 65.67% holding through its step-down subsidiary DNEG Holdings, but the voting rights on those shares in Brahma Holdings fall to 24.99% from 89.27% (all fully diluted), so both become associates. Three related-party resolutions between DNEG companies and Brahma Holdings are also on the agenda.
• Bharat Forge put ₹240 crore (₹2,400 million) into its defence subsidiary Kalyani Strategic Systems through a rights issue, from its QIP money and internal accruals. Kalyani Strategic will put up to ₹163 crore into Agneyastra Energetics, formed in July 2025, which reported nil turnover for 2025-26, for an ammunition shell-filling plant, by September 2027.
• Lemon Tree Hotels' subsidiary Carnation Hotels signed a memorandum with Omaxe to operate about 4,000 rooms; Lemon Tree calls it its largest single operating arrangement, lifting its pipeline to nearly 16,000 rooms. Omaxe says the 10 hotel projects need about ₹4,000 crore, which it plans to fund from sales proceeds without loans, over nine months to five years. No fees are given.
• Jammu and Kashmir Bank sold 0.5% of PNB MetLife India Insurance to MetLife International Holdings at ₹117.20 a share, ₹120.10 crore in all.
• Hindware Home Innovation: the Kolkata bench of the company law tribunal sanctioned its scheme on 14 October. The consumer products business goes to HHIL Limited and the rest merges into Hindware Limited, from an appointed date of 1 April 2025. It takes effect when the order is filed with the Registrar of Companies.
• Magnum Ventures will hold tribunal-ordered meetings on 20 November on demerging its paper business into Magnum Paperz: shareholders would get 2 Magnum Paperz shares for every 10 held, and Magnum Ventures' equity capital would be cut by 70%. The paper division had 2025-26 revenue of ₹357.20 crore and the hotel division ₹109.60 crore (converted from lakh).
• SIS closed its open-market buyback, buying 25,02,674 shares at a volume-weighted average of ₹423.55, a total of ₹105.99 crore before transaction costs, which is 100% of the ₹106 crore maximum size.
• Affle 3i's promoter, Affle Holdings, paid US$34.99 million (about ₹332.51 crore, subject to the dollar-rupee conversion) on 16 October to convert warrants, bringing its total payments on the warrants allotted in June to US$64.49 million (about ₹611.50 crore). Shares are to be allotted later.
• Share and warrant issues: Aequs' corrected EGM notice proposes warrants for its promoter trustee, Mellwood Trustee Services, at a floor price of ₹231.55, lifting the promoter group to 60.73% from 59.09% if all convert, about 2.81 crore warrants or ₹650 crore at that price (our arithmetic); vote on 22 October. OnEMI Technology Solutions clarified, at the exchanges' request, that the valuation report required by its articles does not give a floor above ₹314.11, the issue price in its approved preferential issue of up to 2,64,93,882 shares, about ₹832 crore (our arithmetic). Rollatainers received in-principle exchange approval for 35,87,44,394 warrants to promoters and others at not less than ₹2.23, about ₹80 crore at that price (our arithmetic). Sahana System (NSE Emerge) proposed 13,15,789 warrants at ₹950, ₹125 crore, to four non-promoter investors. Standard Engineering Technology allotted 24,39,750 shares at ₹293, about ₹71.48 crore, to AGI Group Holdings and Monoflus. Kataria Industries (NSE Emerge) allotted 47,44,200 shares at ₹106, about ₹50.29 crore.
• Ola Electric Mobility filed the newspaper advertisement stating that it has finished dispatching the letter of offer, dated 7 October, for its rights issue of partly paid shares. The covering letter gives no size or price.

Orders

• Power Grid Corporation was declared the successful bidder for the Pune West 765 kV transmission project in Maharashtra, at annual transmission charges of ₹199.55 crore, on a build, own, operate and transfer basis. It is its tenth project won by bidding in 2026-27, with combined annual charges of ₹7,863.63 crore.
• ACME Solar Holdings' subsidiary signed a power purchase agreement with SECI for a 300 MW peak-power project at ₹6.00 a unit for 25 years, with supply due from 6 April 2028.
• B.L. Kashyap and Sons won a ₹200.02 crore order, excluding GST, for civil and structural work on a commercial building (One DXP, Phase 3) in Gurugram, over about 25 months.
• Vascon Engineers received a ₹198 crore letter of acceptance, excluding taxes, from State Bank of India for constructing "SBILD" (the filing does not expand the term), residential flats and other commercial premises at Hinjewadi, Pune, to be finished within 24 months.
• LCC Projects received an acceptance of tender, with an estimated value of ₹151.57 crore excluding GST, from the Gujarat government's Sauni Yojana division in Rajkot, for a project to supply water from the Machhu-I Dam to a reservoir and villages, with 24 months to build and 10 years of operation and maintenance. The formal contract is yet to be signed.
• GPT Infraprojects' wholly owned subsidiary, Alcon Builders and Engineers, won a ₹149.50 crore signalling contract, including GST (₹126.70 crore excluding GST), from Western Railway. GPT Infraprojects puts its own net order book at ₹5,538 crore.
• Dynacons Systems & Solutions won a ₹137.15 crore order, including GST, from the Supreme Court of India for 728 servers in 728 district courts, with three years of support.
• KSB received a letter of award from ONGC to replace seven main injection pumps, worth about ₹85 crore (₹850 million), for delivery by FY 2029.

Capacity and operations

• Anuh Pharma signed the agreement to buy Vanquest Pharma's plant at Tarapur, Maharashtra, for ₹72.90 crore in cash, excluding taxes; it expects 525 tonnes a year of extra capacity for drug ingredients and intermediates. On 13 October its board approved investing in manufacturing assets and a loan of up to ₹75 crore for them, as we reported that day; that filing named no plant or price.
• Australian Premium Solar (India) (NSE Emerge) began production on 13 October on a second 400 MW solar-module line at Tajpur, Gujarat, taking module capacity to 1.2 GW from 800 MW.
• Juniper Green Energy's subsidiary commissioned 65.40 MW of wind capacity on 16 October for a 200 MW firm and dispatchable renewable project; group operating capacity is about 2,811 MWp plus 603 MWh of battery storage.
• GMR Airports served 92,40,144 passengers in September, excluding Cebu, up 0.9% from September 2025. Against the same month, Delhi rose 2.7%, while Hyderabad fell 12.7% and Mopa (Goa) 26.9%.
• ESAF Small Finance Bank will move to a new core banking system (the main software that runs customer accounts) from 6 pm on 23 October to 10 am on 26 October. It states that banking services, including ATM, internet and mobile banking, debit cards, agency banking and UPI, will be temporarily unavailable during that time.

Regulators and incidents

• Affle 3i: the filing states that the Supreme Court has stayed insolvency proceedings before the company law tribunal that its June-quarter results had linked to the carrying value of its investment in Talent Unlimited Online Services (Bobble). Affle says it hopes the "wrongful initiation" of the process will be set aside after its appeal is heard. No amount is given.
• Lenskart Solutions: a customs order of 18 September, received on 15 October, rejects its classification of imported clip-on eyeframes and demands ₹6.59 crore of duty and ₹6.58 crore of penalty, ₹13.17 crore in all, plus interest. The company says it will appeal and expects no material impact on operations.
• Atul states, in a press release answering what it calls incorrect information and videos in circulation, that it identified accidental damage to its roughly 4-km treated-effluent pipeline in the estuary and that treated effluent was released for a short period. It says the effluent met the Gujarat Pollution Control Board's standards. It has suspended discharge through the affected pipeline until repairs are done and says it expects no material impact.
• Mangalam Drugs and Organics states that its two cash-credit accounts (bank credit lines for day-to-day funding) remain in default. At 15 October ₹9.51 crore was overdue to Bank of Maharashtra, in default since 17 October 2025, and ₹6.06 crore to Bank of Baroda, since 20 October 2025, about ₹15.57 crore in all (our arithmetic). It says it is arranging to pay the overdue amount.
• SecureKloud Technologies disclosed a default in regularising its cash-credit account (a bank credit line) with Indian Bank, and gives ₹8.11 crore (₹811.42 lakh) as the estimated amount involved. The filing states the account may become irregular and liable to be classed as a non-performing asset (a bad loan) under RBI guidelines.
• Shriram Finance's subsidiary Shriram Overseas Investments is now Shriram Gilts from 15 October, with the RBI's no-objection. It follows the in-principle approval to start a primary dealer business (a dealer in government bonds) that the company reported in April.

Ratings

• Kalpataru Projects International: Crisil upgraded its long-term rating to AA+/Stable from AA/Stable on bank facilities and ₹150 crore of debentures, and reaffirmed A1+ on short-term facilities and ₹250 crore of commercial paper.

Governance

• Vipul: the filing states that the auditors' review conclusion on its June-quarter results, approved on 15 October, is qualified, standalone and consolidated. The bases, as the auditors state them: the merger of five wholly owned subsidiaries is accounted for from 1 April 2022, but the Lavanya Project's revenue and project costs were booked in 2025-26 instead of from that date, and earlier figures were not restated, which the auditors say does not follow the accounting standards or the scheme; certain loans and advances (some under litigation, some for projects on hold, some to entities in liquidation, with eroded net worth or struck off the companies register) should have been impaired (written down) and were not, so profit may be overstated to that extent; and certain trade receivables are not confirmed because they are under reconciliation. On interest not provided for, the auditors say they are unable to express a conclusion.
• EPL: its promoter, Epsilon Bidco, asked to be reclassified as a public shareholder, stating that it sold its entire 26.37% (8,44,79,781 shares) in on-market trades on 1 September and now holds nothing. The filing does not name the buyers. The board will consider the request.
• Yatharth Hospital & Trauma Care Services: all five resolutions at its 15 October EGM passed, including the preferential issue and new articles giving special rights to the investor and to the promoters. Public institutions voted 43.1% against the investor-rights item and 49.4% against the promoter-rights item.
• S.A.L. Steel seeks shareholders' ratification of an unsecured short-term loan facility, with interest, of ₹228.67 crore from Lawrence Merchants for 4 September 2025 to 31 March 2026, and of dealings with its holding company Sree Metaliks (raw-material purchases, sales and an unsecured loan) from 1 April 2026 to the end of voting, under a cap of ₹174.62 crore (₹129.62 crore already used plus a buffer of up to ₹45 crore). It also seeks new one-year limits including ₹300 crore of raw-material purchases and ₹200 crore of loans from Sree Metaliks. Voting closes on 18 November.
• Fischer Medical Ventures asks shareholders to approve security for a proposed ₹350 crore secured debenture issue: a pledge of all its shares in two Indian subsidiaries, charges on their assets, pledges of promoter shares and guarantees from FMV Holdings and Mercatus Capital. It also seeks a ₹1,000 crore borrowing limit. Voting ends on 15 November.

People

• AXISCADES Technologies named Uttam Kumar Bhageria CFO-designate from 21 October; group CFO Shashidhar SK retires on 31 December and Mr Bhageria takes over on 1 January 2027.

Dates to note

• 19 October: Jio Credit's EGM on its borrowing limit.
• 22 October: Aequs' EGM on the promoter warrants.
• 23 October: record dates for the interim dividends of LTM (₹25), Oberoi Realty (₹2, paid from 30 October) and Modison (₹4).
• 23 to 26 October: ESAF Small Finance Bank's banking services, including ATM, internet and mobile banking and UPI, are unavailable from 6 pm on 23 October to 10 am on 26 October.
• 7 November: Prime Focus' EGM on Brahma AI; 13 November: Ujjivan Small Finance Bank's EGM on its ₹409 crore issue.
• 15 to 18 November: postal ballots close at Urban Company, Sahana System and Fischer Medical (15 November) and S.A.L. Steel (18 November).
• 20 November: Magnum Ventures' scheme meetings.
• 1 December: Emirates NBD's Indian branches become RBL Bank branches.
• 6 April 2028: supply due to start on ACME Solar's 300 MW SECI project.

What we're not reporting

• The rest of NSE's day: earnings-call, board-meeting and call-recording notices, quarterly depository certificates, newspaper copies of results and of the special window for physical shares, ESG scores, stock options, routine changes of directors, senior managers and company secretaries, and repeat copies of the filings above. Small orders, fines and investments, routine debenture issues and interest payments, and ratings reaffirmed unchanged are also left out. The list, with a reason for each, is in our coverage notes.
• Tiger Logistics' results are a scan whose current-quarter figures we could not read cleanly, so they are not reported. Himalayan Solar's Registrar of Companies order and EPW India's people-change file could not be read.
• No BSE document was opened, and no list of BSE-only headlines was available for the day.

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