Several Indian companies announced key regulatory, financial, and project-related developments spanning debt closure, board meetings, project awards, fundraising instruments, and share buybacks.
Nova Iron and Steel Limited has filed satisfaction of charges with the Registrar of Companies on December 27, 2025, relating to borrowings from Shree Balaji Steel & Metal Pvt. Ltd. Two secured charges—one amounting to ₹53.40 crore and another of ₹61.62 crore—were fully satisfied on November 29, 2025. The company has received certificates from the Registrar of Companies confirming the closure of both charges, indicating a strengthening of its balance sheet position.
ADC India Communications Limited informed exchanges that its Board of Directors will meet on February 10, 2026, to consider and approve the unaudited financial results for the third quarter and nine months ended December 31, 2025. In line with insider trading regulations, the trading window for designated persons will remain closed from January 1, 2026, until February 12, 2026.
Madhav Infra Projects Limited has received a Letter of Award from M.P. Urja Vikas Nigam Limited for the implementation of grid-connected solar photovoltaic power plants under the PM KUSUM-C Scheme. The project involves the sale of power to Madhya Pradesh Power Management Company Limited (MPPMCL) and is expected to be completed within 18 months from the signing of the Power Purchase Agreement. The total contract value is approximately ₹342 crore, marking a significant addition to the company’s renewable energy order book.
Anupam Finserv Limited revised the outcome of its Board Meeting held on December 26, 2025, to include a greenshoe option of up to ₹3 crore for its ongoing fund-raising exercise. The company is issuing secured, unlisted, unrated, redeemable, fully paid non-convertible debentures (NCDs) with an overall issue size of up to ₹10 crore. The first tranche comprises ₹3 crore with an additional greenshoe option of up to ₹3 crore. The NCDs carry a tenure of 24 months, a fixed coupon of 12 percent payable quarterly, scheduled redemptions at 13 and 19 months, and a penal interest of 2 percent for delays exceeding three months.
Nectar Lifesciences Limited has submitted its Letter of Offer for a share buyback of up to 3 crore equity shares at a price of ₹27 per share, aggregating to ₹81 crore. The buyback represents 13.38 percent of the company’s paid-up equity share capital and will be conducted through the tender offer route. The record date for determining shareholder eligibility is December 24, 2025. The buyback opens on December 31, 2025, and closes on January 6, 2026.
