| Hindalco Inds.
|
Hindalco Industries Limited announced it has entered into a definitive agreement to sell Novelis (China) Aluminum Products Co. Ltd. and Novelis (Shanghai) Aluminum Trading Co. Ltd., wholly-owned subsidiaries of Novelis Inc., a subsidiary of Hindalco, to Shenzhen Hongzhi Industrial Investment Co., Ltd. and/or its affiliates for approximately USD $265 million, plus a potential earn-out of USD $10 million. The Novelis China Entities, which represent approximately 1% of Hindalco’s net sales and 2% of its net worth, generated USD $376 million or Rs 3,319 crore in net sales in fiscal year 2026. The transaction is expected to close within 12 months, subject to regulatory approvals. |
| Aarti Industries
|
Aarti Industries Limited informed the Bombay Stock Exchange and National Stock Exchange of India that Shri Chandrakant Vallabhaji Gogri, Chairman Emeritus and Promoter of the company, passed away on Sunday, November 15, 2026, and consequently ceases to be classified as a Promoter of the company pursuant to Regulation 31A(6)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. |
| Tandhan Industries
|
Tandhan Industries Limited, formerly known as Sanmitra Commercial Limited, announced that Laxmikant Kabra & Co LLP has resigned as the company's statutory auditors, effective November 14, 2026, citing increased professional commitments. The company stated there were no concerns raised by the resigning auditor and no material reason for the resignation, and the audit committee and board will consider appointing a new statutory auditor. |
| East India Drums
|
East India Drums & Barrels Manufacturing Limited announced that its board approved the unaudited standalone financial results for the quarter and half year ended September 30, 2026, along with a limited review report, and declared an interim dividend of 10%, or 1.00 Indian rupees per share, for the financial year 2026-27 to be paid on or before December 13, 2026; the board also noted the incorporation of EIDB Ceylon (Private) Limited in Sri Lanka, in which East India Drums & Barrels Manufacturing Limited holds 80% shareholding, fixing November 19, 2026, as the record date for the dividend. |
| Aarti Drugs
|
Aarti Drugs Limited informed the Bombay Stock Exchange and National Stock Exchange of India that Shri Chandrakant Vallabhaji Gogri, Chairman Emeritus and Promoter of the company, passed away on Sunday, November 15, 2026, and consequently ceases to be classified as a Promoter of the company, as per Regulation 31A(6)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. |