Latest news with #Regulation30
Business Upturn
a day ago
- Business
- Business Upturn
Sarda Energy & Minerals receives green nod for coal washery expansion to 1.8 MTPA
By Aditya Bhagchandani Published on June 2, 2025, 18:05 IST Sarda Energy & Minerals Limited has received official approval from the Chhattisgarh Environment Conservation Board to expand its coal washery operations in Raigarh, Chhattisgarh. The consent, granted under the Water (Prevention and Control of Pollution) Act, 1974 and the Air (Prevention and Control of Pollution) Act, 1981, allows the company to increase its coal washery capacity from 0.96 million tonnes per annum (MTPA) to 1.8 MTPA. The development marks a significant milestone in the company's ongoing efforts to scale its operations and enhance capacity. The expansion aligns with Sarda Energy's broader strategic goals in resource processing and infrastructure. The company disclosed this update to the exchanges on June 2, 2025, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Time of India
4 days ago
- Entertainment
- Time of India
Drishyam 3 release date announced in BSE filing, Ajay Devgn to return as Vijay Salgaonkar in 2026 crime thriller
Ajay Devgn will return as Vijay Salgaonkar in Drishyam 3, the next installment in the popular crime thriller franchise. A formal disclosure submitted to the Bombay Stock Exchange by Panorama Studios has revealed that the film is scheduled for theatrical release on October 2, 2026. While an official announcement from the makers is still awaited, the regulatory document has already caught public attention online. Production confirmed via stock exchange filing The confirmation came through an official letter from Panorama Studios to the Bombay Stock Exchange under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements. The filing was made public on May 29, 2025, and later went viral on May 30. It stated that the company has entered into a production agreement with Digital 18 Media Private Limited for the making of Drishyam 3. 'We are pleased to inform you that the company has entered into a Production Agreement with M/S. Digital 18 Media Private Limited, for the production of a Hindi feature film titled 'Drishyam 3,' starring Mr. Ajay Devgn and others, directed by Mr. Abhishek Pathak,' the official letter mentioned. Abhishek Pathak returns as director Abhishek Pathak, who directed Drishyam 2, will return to helm the third installment as well. The collaboration between Panorama Studios and Digital 18 Media continues with the third film, building on the commercial and critical success of the previous entries. The Drishyam franchise began in 2015, followed by Drishyam 2 in 2022. The second part starred Ajay Devgn alongside Shriya Saran, Tabu, Akshaye Khanna, and Ishita Dutta. #Drishyam3 coming 🔥#AjayDevgn 💥 October 2 release date aligns with franchise's storyline The chosen release date—October 2—is significant for fans familiar with the franchise. The storyline of Drishyam has always included Gandhi Jayanti as a key plot reference, making the 2026 date a thematic continuation. Meanwhile, Ajay Devgn is also gearing up for his next release, De De Pyaar De 2, which co-stars R. Madhavan and Rakul Preet Singh. No break between announcements and action With the production announcement already submitted as part of legal disclosure obligations, it is clear that the groundwork for Drishyam 3 is well underway. The combination of returning cast, thematic continuity, and strategic release timing has already generated significant anticipation.
Business Upturn
4 days ago
- Business
- Business Upturn
AstraZeneca Pharma receives CDSCO nod for expanded use of Fasenra in India
By Aditya Bhagchandani Published on May 30, 2025, 09:25 IST AstraZeneca Pharma India Limited has received approval from the Central Drugs Standard Control Organisation (CDSCO) to import and distribute Benralizumab (brand name: Fasenra) in India for an additional medical indication. The newly approved indication allows Fasenra to be used as an add-on treatment for adult patients suffering from relapsing or refractory eosinophilic granulomatosis with polyangiitis (EGPA). This rare autoimmune condition is known to cause inflammation of blood vessels, leading to organ damage. AstraZeneca confirmed the development in a regulatory filing to the stock exchanges on May 29, 2025, under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements. The company stated that while the permission paves the way for marketing Fasenra in India for the newly approved indication, it remains subject to receipt of additional statutory clearances if required. Fasenra is already approved in India for other eosinophilic conditions, and this marks an important expansion in its therapeutic scope, potentially benefiting more patients with complex immunological diseases. 'The receipt of this permission paves way for the marketing of Benralizumab 30 mg/ml Solution for Injection (Brand name: Fasenra) in India for the specified additional indication,' the company noted in the filing. The company secretary Manasa R signed off the communication to both BSE and NSE. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Mint
5 days ago
- Business
- Mint
Texmaco Rail share price edges higher after receipt of ₹140 crore order from Railway Ministry. Do you own?
Multibagger small-cap stock Texmaco Rail gained in an otherwise choppy market on Thursday, May 29, buoyed by an order from the Ministry of Railways worth ₹ 140.55 crore. The wagon manufacturer, in an exchange filing today, informed that it has bagged an order for the manufacture and supply of 8 rakes of Flat Multi-Purpose Wagons. The order has to be completed in six months. "Pursuant to Regulation 30, we write to inform you that the Ministry of Railways (Railway Board) vide its LOA no. 2025/RS(l)/954/2TC dated 28th May, 2025 has awarded an order to the Company for manufacture and supply of 8 rakes of Flat Multi-Purpose Wagons to be executed within 6 months, valuing Rs. 140.55 crores," Texmaco said in a filing. Following the order win announcement, railway stock Texmaco Rail erased early morning losses and traded in the green. Texmaco share price hit the day's high of ₹ 162.85 as against the last closing price of ₹ 159.07, recording an upside on 1.97%. However, from its intraday day low level of ₹ 158.10, the gains amounted to 3%. So far in 2025, Texmaco Rail stock has lost 18% of its value. But has emerged as a multibagger stock over the longer time frame. The small-cap railway wagon manufacturer has risen 184.45% in the last two years and 682% in the last five years, amid a stellar run in railway stocks. Despite the stellar gains visible in Texmaco Rail stock, the company's performance was poor during the March quarter of financial year 2024-25. Texmaco reported a 13.5% year-on-year decline in consolidated net profit to ₹ 39 crore in the March quarter, impacted by lower margins and supply constraints, despite higher revenues. Revenue from operations in January-March rose 17.6% to ₹ 1,346 crore from ₹ 1,145 crore a year earlier. The company attributed the drop in profit and margin to a short supply of wheel sets from the Rail Wheel Factory, which disrupted freight car deliveries during the quarter. Texmaco delivered 2,597 freight cars in Q4, down from 2,714 units in Q3. Its order book stood at ₹ 6,766 crore as of March 31, 2025. The company delivered 10,612 freight cars during the year, registering a 51 per cent growth over FY'24. For FY26, the small-cap company is targeting an EBITDA margin of 12-13% by March 2026, up from 10.3% in the 2024-25 fiscal, driven by improved operational efficiency and business restructuring initiatives.
Mint
5 days ago
- Business
- Mint
Texmaco Rail share price edges higher after receipt of ₹140 crore order from Railway Ministry. Do you own?
Multibagger small-cap stock Texmaco Rail gained in an otherwise choppy market on Thursday, May 29, buoyed by an order from the Ministry of Railways worth ₹ 140.55 crore. The wagon manufacturer, in an exchange filing today, informed that it has bagged an order for the manufacture and supply of 8 rakes of Flat Multi-Purpose Wagons. The order has to be completed in six months. "Pursuant to Regulation 30, we write to inform you that the Ministry of Railways (Railway Board) vide its LOA no. 2025/RS(l)/954/2TC dated 28th May, 2025 has awarded an order to the Company for manufacture and supply of 8 rakes of Flat Multi-Purpose Wagons to be executed within 6 months, valuing Rs. 140.55 crores," Texmaco said in a filing. Following the order win announcement, railway stock Texmaco Rail erased early morning losses and traded in the green. Texmaco share price hit the day's high of ₹ 162.85 as against the last closing price of ₹ 159.07, recording an upside on 1.97%. However, from its intraday day low level of ₹ 158.10, the gains amounted to 3%. So far in 2025, Texmaco Rail stock has lost 18% of its value. But has emerged as a multibagger stock over the longer time frame. The small-cap railway wagon manufacturer has risen 184.45% in the last two years and 682% in the last five years, amid a stellar run in railway stocks. Despite the stellar gains visible in Texmaco Rail stock, the company's performance was poor during the March quarter of financial year 2024-25. Texmaco reported a 13.5% year-on-year decline in consolidated net profit to ₹ 39 crore in the March quarter, impacted by lower margins and supply constraints, despite higher revenues. Revenue from operations in January-March rose 17.6% to ₹ 1,346 crore from ₹ 1,145 crore a year earlier. The company attributed the drop in profit and margin to a short supply of wheel sets from the Rail Wheel Factory, which disrupted freight car deliveries during the quarter. Texmaco delivered 2,597 freight cars in Q4, down from 2,714 units in Q3. Its order book stood at ₹ 6,766 crore as of March 31, 2025. The company delivered 10,612 freight cars during the year, registering a 51 per cent growth over FY'24. For FY26, the small-cap company is targeting an EBITDA margin of 12-13% by March 2026, up from 10.3% in the 2024-25 fiscal, driven by improved operational efficiency and business restructuring initiatives. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
