AU Small Finance Bank on Tuesday said the board has appointed two independent directors, NS Venkatesh and Satyajit Dwivedi, for a term of three years. The bank, which has received in-principle approval from the Reserve Bank of India to transition into a universal bank, has also re-appointed Malini Thadani as Non-Executive Independent Director for a second term of three years.
JK Lakshmi Cement on Tuesday said it plans to invest ₹1,816 crore to augment manufacturing operations in Chhattisgarh. The company plans to increase its clinker production capacity by 2.31 million tonnes per annum (MTPA) and cement grinding capacity by 1.2 MTPA. The MoU for the proposed investment was formally signed during the Chhattisgarh Investor Connect event held on Tuesday in New Delhi, in the presence of Chief Minister Vishnu Deo Sai.
Zydus Lifesciences on Tuesday said it has received approval from the US health regulator to market a generic medication to treat high blood pressure. The company has received approval from the US Food and Drug Administration (USFDA) for Verapamil Hydrochloride extended-release tablets in multiple strengths, the drug firm said in a statement.
Bliss GVS International PTE Ltd, Singapore, a wholly-owned subsidiary of Bliss GVS Pharma Ltd, has incorporated a wholly-owned subsidiary namely “Theralife Pharma Ltd”, Nairobi, Kenya.
Super Sales India has signed a non-binding Memorandum of Understanding (MOU) with the Tamil Nadu Government through its Nodal Agency “Guidance”. According to this MOU, Guidance will extend necessary support and facilitation in the form of necessary infrastructural support and regulatory facilitation, subject to applicable laws.
Anand Rathi Wealth informed the exchanges about further infusion of GPB499,900 into Anand Rathi Wealth UK Limited, a wholly-owned subsidiary.
Refex Industries has informed the exchanges that the Ministry of Corporate Affairs has approved the incorporation of Venwind Refex Projects Ltd, as a wholly-owned subsidiary of Venwind Refex Power Ltd, consequent to which, VRPL has become its step-down subsidiary.
The board of TV Today Network has approved the company entering into a Memorandum of Understanding (MOU) with Abhijit Realtors and Infraventures Private Ltd, in relation to proposed sale/ transfer of its FM Radio broadcasting operations (comprising three FM radio stations in Mumbai, Delhi and Kolkata under the frequency 104.8 FM) as a going concern, through Vibgyor Broadcasting Private Ltd, a wholly-owned subsidiary for ₹10 crore.
Bharti Airtel’s promoter entity, Indian Continent Investment Ltd (ICIL), plans to sell today 34.3 million or 0.56 per cent stake in the telecom operator for a total amount of $806 million, as per a term sheet viewed by businessline. ICIL held 1.48 per cent stake in Airtel at the end of September. Shares will be offered at the floor price of ₹2,096.70 per share, a floor discount of 3 per cent to the last close share price of ₹2,161.60 on the NSE as of November 25.
The board of Rama Steel Tubes Ltd has approved further investment of AED36 million in its wholly-owned subsidiary, RST International Trading FZE in the UAE, through share acquisition. Additionally, the board has sanctioned a working capital loan of AED 10 million for the subsidiary, aimed at supporting its expansion plans and exploring new business opportunities, indicating a strategic move to bolster its market presence and operational capabilities.
B-Right Realestate Ltd, has been appointed for the Re-Development of the “Merry Building Welfare Society” Turel Pakhadi Road, Malad (West), Mumbai – 400064. The site, with a land area of 1,111 Sq. Mtr., is expected to yield a Total Sales area of 33,158 Sq. Ft., with an expected Gross Development Value (GDV) of ₹93.56 crore.
The board of Unimech Aerospace has approved additional investment of up to Rs 5.53 crore to acquire 2,625 preference shares in Dheya Engineering Tech.
Published on November 26, 2025
