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Canara Bank

Canara Bank: Bank said it has mobilised Rs. 3,500 crore through the issuance of 7.55% Basel III-compliant additional tier I bonds. The fundraise comprises a base size of Rs. 1,000 crore and a green shoe option of Rs. 2,500 crore, both fully subscribed. The unsecured, subordinated, listed, rated, non-convertible, perpetual and fully paid-up bonds carry a face value of Rs. 1 crore each. The issue opened and closed on November 28, 2025, with 3,500 bonds placed with 37 allottees. Allotment was completed today, December 2, 2025.

Canara Bank (₹ 146.08   -3.91% )

3 Dec 2025, 10:07AM
India Cements Ltd

India Cements: India Cements’ two wholly owned subsidiaries—PT Coromandel Minerals Resources (Indonesia) and Raasi Minerals Pte. Ltd. (Singapore)—have signed an agreement to sell their entire stake in PT Adcoal Energindo, the company’s step-down subsidiary. After the sale, PT Adcoal will no longer be a subsidiary, and its associate company PT MSTB (49% held by Adcoal) will also cease to be an associate of India Cements.

India Cements Lt (₹ 375.7   -1.89% )

3 Dec 2025, 10:06AM
Motilal Oswal Financial Services Ltd

Motilal Oswal Financial Services : The company said its Finance Committee has approved the issuance of up to 30,000 fully paid, secured, rated, redeemable, listed senior bonds in the form of non-convertible debentures with a face value of Rs. 1,00,000 each, aggregating up to Rs. 300 crore. The issuance will be executed on a private placement basis. The NCDs are proposed to be listed on the National Stock Exchange of India Ltd. Positive

Motilal Oswal Financ (₹ 922.2   -3.45% )

3 Dec 2025, 9:14AM
Bikaji Foods International Ltd

Bikaji: Expands US Footprint with investment of $250K (25,000 shares at $10 each) in its US subsidiary, Bikaji USA. Bikaji USA was established in July 2023, trades FMCG snacks like bhujia, namkeen, and sweets. - Reported $1,769,792 turnover for FY25 (ending March 31, 2025). - Investment targets stronger US distribution network for wider market reach. Positive

Bikaji Foods Inter (₹ 697.8   -0.41% )

3 Dec 2025, 9:13AM
Refex Industries Ltd

Refex industries: VRPL, a Refex Industries subsidiary, is now listed in MNRE’s Approved List of Models & Manufacturers (ALMM-Wind). The GWH 182-5.3 MW turbine features a 183.5m rotor diameter and 5.3 MW drivetrain—India’s largest grid-friendly model. Manufactured in Silvassa, Gujarat, with conical steel towers (110m/130m hub heights). ALMM listing aids developers, lenders, and agencies in identifying certified turbines for Indian projects. - Aligns with India’s push for domestic renewable energy solutions. Positive

Refex Industries (₹ 334.15   -1.81% )

3 Dec 2025, 9:12AM

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