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Announcements

As On: 19 Dec 2025
  GE Shipping Co

Great Eastern Shipping Company has contracted to buy a secondhand Very Large Gas Carrier of about 84,048 cbm on 19 December 2025. The 2015 South Korean built vessel is expected to join the Company's fleet in Q4 FY26.

The proposed vessel will be financed entirely from internal accruals. The purpose of the acquisition is expansion of the fleet.

The Company's current owned fleet stands at 40 vessels, comprising 26 tankers (6 Crude Carriers, 16 Product Tankers, 4 LPG carriers) and 14 Dry Bulk Carriers aggregating 3.32 Mn dwt. The Company's current capacity utilization is close to 100%.
  Grasim Inds

Grasim Industries announces the change in senior management as under:

Resignation of Satyaki Ghosh as CEO - Cellulosic Fashion Yarn Business with effect from 16 January 2026

Appointment of Ajit Rajagopalan as CEO – Cellulosic Fashion Yarn in addition to his current role as CEO - Insulators Business with effect from 17 January 2026
  Hind.Construct.

Hindustan Construction Company announced that ICRA has reaffirmed the long-term rating to ICRA BB ; Stable for Non-Convertible Debentures amounting to Rs. 823.90 crore.
  Pfizer

Pfizer has entered into an exclusive Supply and Marketing Agreement with Cipla for marketing and distribution of four brands of the Company, viz., Corex Dx, Corex LS, Dolonex, and Neksium for an initial period of 5 years.
  Tata Power Co.

Tata Power Company has allotted 1,00,000 7.05% (Series I) Fixed rate, Unsecured, Senior, Redeemable, Rated, Listed, Taxable, Non-cumulative NCDs and 1,00,000 – 7.25% (Series II) Fixed rate, Unsecured, Senior, Redeemable, Rated, Listed, Taxable, Non-cumulative NCDs having face value Rs 1,00,000 each, for cash, aggregating to Rs 2,000 crore, for a tenor of 3 years and 5 years respectively on private placement basis.