PRESTIGE ESTATES PROJECTS: CO SUBSIDIARY PHVL WITHDRAWS DRAFT RED HERRING PROSPECTUS DUE TO STRATEGIC CONSIDERATIONS AND UNCERTAIN MARKET CONDITIONS; FUTURE FILING OF NEW PROSPECTUS MAY BE CONSIDERED.
SBI LIFE INSURANCE COMPANY: CO RECEIVES TAX DEMAND ORDER OF ₹1.12 CR UNDER RGST ACT; APPEAL TO BE FILED AGAINST ORDER DUE TO EXCESS INPUT TAX CREDIT CLAIMED.
SUNTECK REALTY: CO RECEIVED SHOW CAUSE NOTICE UNDER GST ACT FOR ₹59.44 CR TAX LIABILITY ON TDR PROCUREMENT; COMPANY BELIEVES SCN HAS NO MERITS AND WILL DEFEND ITS CASE.
AEQUS: CO BOARD APPROVES ₹650 CRORE EQUITY INFUSION THROUGH WARRANTS BY PROMOTER GROUP; 50% PAYABLE UPFRONT; FUNDS TO SUPPORT AEROSPACE AND CONSUMER CAPACITY EXPANSION.
ADANI ENERGY SOLUTIONS: CO. INCORPORATES EIGHT WHOLLY OWNED SUBSIDIARIES FOR ELECTRICITY BUSINESS; ALL SUBSIDIARIES HAVE ₹5 LAKH PAID-UP CAPITAL EACH; 100% OWNERSHIP BY ADANI ENERGY SOLUTIONS LTD.
RHETAN TMT: CO EXECUTES STRATEGIC MOU WITH BAJAJ TUBULAR PRODUCTS FOR PROCUREMENT OF 20,000 MT OF TMT BARS OVER 24 MONTHS; ESTIMATED BROADER COMMERCIAL POTENTIAL OF ₹250-300 CRORE.
STYRENIX PERFORMANCE MATERIALS: CO RECEIVES INCOME TAX DEMAND OF ₹1.92 CRORE FOR AY 2023-24; NO MATERIAL IMPACT ON FINANCIAL POSITION; APPEAL TO BE FILED AGAINST ASSESSMENT ORDER.
NGL FINE-CHEM: CO RECEIVED SHOW CAUSE NOTICE FROM GST DEPARTMENT DATED SEPTEMBER 22, 2026; ALLEGED SHORT PAYMENT OF 61.8 MILLION; COMPANY TO FILE REPLY BY OCTOBER 22, 2026.
SEDEMAC MECHATRONICS: CO COMMENCES LIMITED COMMERCIAL PRODUCTION AT NEW MANUFACTURING FACILITY IN PUNE; FULL OPERATIONS TO BE PROGRESSIVELY OPERATIONALIZED.
EVEREST INDUSTRIES: CO RECEIVED SHOW CAUSE NOTICE FROM GST DEPARTMENT FOR EXCESS ITC AND SHORT LIABILITY; TOTAL DEMAND AMOUNTING TO 133.4 MILLION UNDER CGST & MGST ACT, 2017