Tata Steel Limited (‘Company’) has today i.e. on December 31, 2025, completed the acquisition of 43,29,90,000 shares of face value ₹10 each for a consideration of ₹1,099.97 crore in Tata BlueScope Steel Private Limited (a 50:50 joint venture between Tata Steel Ltd through its wholly owned subsidiary – Tata Steel Downstream Products Ltd and BlueScope Steel Ltd through its wholly owned subsidiary – BlueScope Steel Asia Holdings Pty Ltd) from BlueScope Steel Asia Holdings Pty Ltd.
Take Solutions informed the exchanges that Vedamirtham Venkatesan has resigned from the positions of Whole Time Director (Executive Capacity) and Chief Financial Officer of the company, with effect from December 31, due to preoccupations and other personal commitments. Cecily Dheepa has also resigned from the position of Director (Non-Executive and Non-Independent Capacity) as of December 31.
Hexaware Technologies has received approval from the New Jersey Division of Revenue for the merger of Mobiquity Velocity Solutions Inc. and Mobiquity Inc. (both being wholly owned step-down subsidiaries of the company) into Hexaware Technologies Inc. (wholly owned subsidiary of the company) w.e.f January 1, 2026.
RBL Bank informed the exchanges that the respective applications to the Reserve Bank of India and the Government of India for temporarily capping the foreign shareholding at 24 per cent of the total equity instruments of the Bank on a fully diluted basis have not been acceded to as per the extant rules and regulations. The Bank and the Investor continue to engage with the Government and the RBI to obtain the remaining regulatory approvals. It made the application unrelated to the proposed investment by Emirates NBD Bank in the Bank through a preferential issue of equity shares.
The board of Sammaan Capital has approved a scheme of arrangement involving the demerger of the NBFC business of its wholly owned subsidiary, Sammaan Finserve Limited, into Sammaan Capital. The move aims to consolidate lending operations, simplify the group structure, ensure regulatory compliance (including surrender of SFL’s NBFC licence), and support the proposed $1-billion investment by Avenir/IHC, enabling Sammaan Capital to operate as a full-suite, multi-product NBFC.
GMR Energy Ltd, a wholly owned subsidiary of GMR Power and Urban Infra, has incorporated GMR Utkal Solar Power Ltd. The stepdown subsidiary has been incorporated with the object of developing a solar power project in Kamalanga, Odisha.
Vodafone Idea will receive around Rs 5,836 crore from Vodafone Group as part of the re-settlement of a liability claim pact between the two companies, according to regulatory filings of both companies. Under the revised agreement, the Vodafone Group promoters will release Rs 2,307 crore over the next 12 months to Vodafone Idea, as per the terms agreed in the amendment agreement. Vodafone Group has also set aside its 328 crore shares held in Vi for Vi’s benefit.
Titagarh Rail Systems said that further to its August 11 proposal for the transfer of Shipbuilding and Maritime Systems (SMS) Business, including the undertaking thereunder of the Company to its wholly owned subsidiary – Titagarh Naval Systems Ltd – as a going concern on a slump sale basis, the board has approved the plan for transfer of SMS Business to TNSL w.e.f. January 1, 2026.
The board of Landmark Cars has approved the investment in the wholly owned Subsidiaries of the company to the tune of ₹80 crore by subscribing to the rights issue of Aeromark Cars Private Limited (2,50,00,000 Optionally Convertible Redeemable Preference Shares of ₹10 each), Landmark Premium Cars Private Limited (3,50,00,000 Optionally Convertible Redeemable Preference Shares of ₹10 each) and Landmark Mobility Pvt Ltd (2,00,00,000 Optionally Convertible Redeemable Preference Shares of ₹10 each).
K Satyanarayana Raju has tendered his resignation as the Non-Executive Non-Independent Director and the Chairman of Canara Robeco Asset Management Company Limited, due to attaining superannuation from his term as the Managing Director & CEO of Canara Bank, with effect from the close of business on December 31, 2025.
Dr Reddy’s Laboratories SA, Switzerland, wholly owned subsidiary of the company, has received a Complete Response Letter (CRL) from the United States Food and Drug Administration (USFDA) for its Biologics License Application (BLA) for AVT03 (denosumab), a proposed biosimilar candidate to Prolia & Xgeva, developed by Alvotech hf. The CRL refers to the observations from a pre-license inspection of Alvotech’s Reykjavik manufacturing facility.
Bajaj Healthcare received approval on December 31 to conduct a Clinical Trial and Bioequivalence Study of Suvorexant Tablets.
Lineage Power Private Limited, a Material Subsidiary of Pace Digitek, has received an Advance purchase order worth ₹94.35 crore (including GST) from Bharat Sanchar Nigam Ltd (BSNL).
VIP Industries has entered into a binding agreement with DGP Realty Nashik Private Ltd, wholly owned subsidiary companies of DGP Securities Limited, forming part of the Promoter Group, for the sale of its non-core asset, i.e. ‘Nashik Land’ located at Nashik Shiwar for ₹24.28 crore on an “as is where is basis.”
The Board of Gloster has proposed to invest in/subscribe to 49 per cent equity capital of a proposed Special Purpose Vehicle to be incorporated for cost-efficient manufacturing & supply of high-quality jute gunny bags. The company will invest Rs 5 crore.