Daily filing brief

10 Important BSE and NSE Announcements for 30 September 2026

By Daily BrieferPublished Updated

KPI Green Energy signed a binding offer to acquire 507.9 MW of operational wind capacity in Gujarat. Our 30 September 2026 edition also includes Debock Industries’ SEBI final order and NCC’s September orders.

  1. KPI Green Energy Limited

    KPI Green Energy signs binding offer to acquire 507.9 MW of operational wind capacity in Gujarat

    Press Release / Media Release

    Key highlights

    • KPI Green Energy signs binding offer to acquire 507.9 MW of operational wind capacity in Gujarat.
    • Enterprise value of ₹ 2,410 crore for AEPL and NWPL.
    • Combined capacity located in the Kutch wind corridor at Bhuj.
    • SECI to purchase power under 25-year PPAs; ~21 years remaining.
    • Installed IPP capacity rises from 1.16 GW to ~1.67 GW on completion.
    • Deal to close by 28 February 2027, subject to conditions.
    View source

  2. Debock Industries Limited

    SEBI Final Order imposes ₹59.30 crore disgorgement and multi-year bans on Debock and insiders

    General

    Enforcement summary

    • Final SEBI order names Debock and multiple related individuals as liable.
    • Core violations include inflation of sales/purchases and fictitious preferential, bonus, and rights issues.
    • Disgorgement of unlawful gains totalling ₹59.30 crore to IPEF within 45 days.
    • Total penalties across named parties amount to approximately ₹30.65 crore.
    • MD Mukesh Manveer Singh barred from markets and as director/KMP for 7 years.
    • Kalot: debarred 5 years from market and as director.
    • Priyanka Sharma and Gaurav Jain: 3 years debarment.
    • Nishu Goyal, Vandana Patidar, AVPL, Impex, Naturo, Jyoti Chaudhary: 2-year debarments.
    • Order takes effect immediately.
    View source

  3. NCC Ltd

    NCC Ltd secures major order plus two additional orders totaling Rs 1,576.93 crore in September 2026

    Award of Order / Receipt of Order

    Order intake September 2026

    • Major order received September 2026 valued Rs 1,076.71 crore (excl GST).
    • Two additional orders in September 2026 totaling Rs 500.22 crore (excl GST).
    • Buildings Division order worth Rs 224.74 crore; Transportation Division Rs 275.48 crore.
    • Orders were received in the normal course of business; no internal order.
    • Promoters/Promoter Group no interest in awarding entities; no related party transaction.
    View source

  4. Inox Green Energy Services Limited

    Inox Green QIP: 1.81 crore equity shares allotted to QIBs at Rs 165.65 each

    Qualified Institutional Placement

    QIP details

    • Fundraising via Qualified Institutions Placement of equity shares.
    • Equity shares of Rs 10 face value issued under QIP.
    • Total 1,81,10,473 shares issued; aggregate Rs 299.99 crore.
    • Issue price Rs 165.65; floor price Rs 174.36; discount Rs 8.71 (5%).
    • Operations Committee approved issue/allotment on 29 Sep 2026.
    • Opening date 24 Sep 2026.
    • Closing date 29 Sep 2026; Allotment date 29 Sep 2026.
    • Paid-up capital increased to Rs 419.60 crore.
    • Total shares now 41,96,02,518.
    • Bandhan Small Cap Fund allotted 45,00,000 shares (24.85%).
    • Leading Light Fund VCC-The Vintage allotted 30,18,412 shares (16.67%).
    • India Opportunities Growth Fund Ltd - Pinewood Strategy allotted 21,14,631 shares (11.68%).
    • Elm Park Fund Limited allotted 18,11,047 shares (10.00%).
    • ITI Small Cap Fund allotted 9,23,634 shares (5.10%).
    • Societe Generale - ODI allotted 11,55,822 shares (6.38%).
    View source

  5. Asian Energy Services Ltd

    NCLT sanctions merger by absorption; transfer of assets/liabilities; 117:10 share exchange ratio; transferor to dissolve.

    Scheme of Arrangement

    Overview

    • Scheme of Merger by Absorption between the Transferor and Transferee entities.

    Rationale

    • Consolidates energy and minerals assets to create end-to-end capabilities across upstream value chain.

    Key Terms

    • Nature: Merger by Absorption.
    • Share exchange ratio: 117 transferee shares per 10 transferor shares.
    • Assets and liabilities of Transferor vest in Transferee; Transferor dissolves.
    • Appointed date defined; no fixed date disclosed.
    • Regulatory approvals: NCLT sanction obtained; MoPNG approval pending.
    • Related-party: Transferor and Transferee are related; intercompany transactions may be extinguished.
    • Post-merger capital: No external equity; shareholding structure changes via exchange.

    Financial Impact

    • Fairness opinion on exchange ratios attached.
    • Accounting treatment: pooling of interests under IND AS 103.
    • Post-merger listing: transferee listed; regulatory listings ongoing.
    • Tax position: taxes and credits to vest in transferee; returns updated accordingly.

    Stakeholder Impact

    • Employees: continuity of service; employees of transferor become employees of transferee.
    • Creditors: liabilities transfer; no winding up; protections under law.
    • ACIL/contractual rights: existing rights preserved; disputes remain enforceable against transferee.
    • Operational: merged group to pursue integrated energy and minerals opportunities.

    Status & Next Steps

    • NCLT sanction pronounced on 29 Sep 2026; scheme effective subject to government approvals.
    • Transferor dissolved; assets and liabilities vest in transferee.
    • MoPNG approval pending; filing with ROC/Registrar pending.
    • Effective date to be fixed by adjudicating body; regulatory clearances required.
    View source

  6. Auri Grow India Limited

    NCLT admits CIRP against Auri Grow India Limited; IRP appointed, boards suspended

    Corporate Insolvency Resolution Process

    CIRP initiation and IRP appointment

    • NCLT Indore Bench admitted CIRP under IBC Section 9 against Auri Grow India Limited on 18/09/2026.
    • Order no. CP(IB)/41(MP)/2026 dated 18/09/2026.
    • Copy of NCLT order received on 24/09/2026.
    • IRP appointed: Rajesh Jasti; IBBI Registration No. IBBI/IPA-001/IP-P02317/2020-21/13469.
    • Powers of the Board suspended; IRP to manage company as going concern.
    • Management and operations vested in IRP under IBC Section 17.
    • Formerly known as Godha Cabcon & Insulation Limited; CIN L68100MP2016PLC041592.
    View source

  7. BF Utilities Ltd-$

    BF Utilities FY26 consolidated revenue ₹99,247.79 lakh with PAT ₹34,012.42 lakh; adverse audit opinion

    Financial Results

    Board actions

    • Audited consolidated results for quarter and year ended 31-Mar-2026 approved.
    • Re-appointment of Mr. B. S. Mitkari as director, subject to member approval.
    • Statutory auditors appointed: Kirtane & Pandit LLP for FY2026-27 to FY2030-31.

    Financials

    • Total consolidated revenue ₹99,247.79 lakh; PAT ₹34,012.42 lakh for year ended 31-Mar-2026.
    • Revenue from operations for quarter ended 31-Mar-2026 ₹26,981.46 lakh; total quarterly ₹29,253.92 lakh.
    • EPS (basic/diluted) ₹36.48 for the year ended 31-Mar-2026.
    • Tax expense ₹15,712.90 lakh; current tax ₹15,539.22 lakh; deferred tax ₹(1,576.32) lakh.

    Segment performance

    • Infrastructure revenue ₹96,953.96 lakh; Wind Mills ₹2,293.65 lakh for FY26.
    • Quarterly segment pre-tax: Infrastructure ₹8,681.54 lakh; Wind Mills ₹(38.96) lakh.

    Cash flows

    • Net cash from operating activities ₹63,710.25 lakh.
    • Net cash used in investing ₹36,570.64 lakh.
    • Net cash used in financing ₹25,466.48 lakh.
    • Net cash increase ₹1,673.13 lakh; year-end cash ₹5,844.91 lakh.

    Audit & risks

    • Auditors adverse opinion on consolidated results due to NECE classification issues.
    • Arbitration notices and going concern uncertainties noted for NECE and NHDL.

    Business & subsidiaries

    • BF Utilities operates Wind Mills and Infrastructure segments in India.
    • Group includes NECE, NICE (step-down: NICE), NHDL; NECE subject to adverse opinion.
    View source

  8. Bank of India

    BOI USD1bn MTN programme rated BBB- by Fitch and BBB by S&P Global Ratings

    Credit Rating

    Ratings assigned

    • Fitch assigns LT BBB- to Bank of India's USD1bn MTN programme.
    • Fitch also assigns BB(xgs) to the MTN programme.
    • S&P Global Ratings assigns BBB long-term rating to the MTN programme; outlook Stable.
    • Notes under the programme rank pari passu with BOI's other senior unsecured obligations.
    • Proceeds to fund BOI head office, foreign offices, and general corporate purposes.
    • Index-linked notes may be issued but not rated if linked to equity or indices.

    Rationale & drivers

    • Fitch ties MTN rating to BOI's IDR (BBB-), with upgrade/downgrade tied to IDR.
    • S&P states MTN rating equals BOI's BBB/Stable IDR; notes rank pari passu.
    • New ratings reflect BOI's size, potential state support, and governance considerations.
    • ESG: governance concerns due to government-appointed board; state linkage impacts credit.
    • Outlook: S&P Stable; Fitch's outlook not disclosed in excerpt.

    Material changes / context

    • New USD1 billion MTN programme rating assignments as of Sep 28–29, 2026.
    View source

  9. Motilal Oswal Financial Services Limited

    Motilal Oswal Financial Services Announces Allotment of Rs 900 Crore NCDs

    Allotment of Securities

    Capital / Securities

    • The Finance Committee approved allotment of 90,000 NCDs aggregating Rs 900 crore.
    • NCDs are fully paid, secured, rated, redeemable, listed, senior bonds.
    • Face value Rs 1,00,000 per debenture; total issue Rs 900 crore.
    • Issue is a private placement under SEBI LODR; Annexure A provides details.
    • Issue size includes premium of Rs 63 lakh.
    • NCDs to be listed on NSE.
    • Tenor: 3 years and 25 days.
    • Allotment date: Sep 30, 2026; Maturity: Oct 25, 2029.
    • Security: first-ranking pari passu charge over all receivables.
    • Minimum security cover maintained at 1.0x.
    • Coupon details provided in Annexure I.
    • Redemption details described in Annexure I.
    View source

  10. Transrail Lighting Ltd

    Transrail Lighting secures ₹574 crore new orders; capacity expansion boosts HTLS output

    Press Release / Media Release

    Key developments

    • New orders worth ₹574 crore secured, with HTLS reconductoring projects.
    • Year-to-date order intake grows to ₹1,609 crore.
    • L1 order position stands at ₹694 crore.
    • Tower capacity increased to 172,400 MTPA; conductor capacity to 40,800 KMPA.
    • Robust order book and healthy bidding pipeline support long-term growth outlook.
    View source