Over a dozen stocks including ICICI Bank, Paytm, DroneAcharya, Hind Unilever, MTNL, GRSE, Cyient, Dalmia Cement, Cipla, Voltas, Tega Ind, Neogen Chem, Ceinsys Tech, Quick Heal will hog the limelight on December 1

The Centre plans to introduce a new cess for national security and public health, with Finance Minister Nirmala Sitharaman set to table a Bill on Monday. Though not many details are available about the Bill, it seems the cess is expected to replace the compensation cess under GST on tobacco, which is to cease soon. This is one of the two new Bills listed for introduction on the first day of the winter session. Tobacco shares such as Godfrey Phillips and VST Industries will remain in focus.

Hindustan Unilever Ltd has announced the allotment of shares for Kwality Wall’s (India) Ltd (KWIL) in lieu of demerger of its ice-cream business to KWIL. The scheme’s effective date is set for December 1 with the allotment of shares to be completed by December 29. HUL has set December 5 as the record date for determining eligible shareholders who will receive shares of Kwality Wall’s (India) Ltd (KWIL) under the company’s ice-cream business spin-off in the ratio of 1:1.

Stock exchanges NSE and BSE have imposed a penalty of Rs 5.42 lakh on state-owned debt-ridden telecom firm MTNL for not complying with the norms related to the composition of the board. MTNL, in a regulatory filing, said it is required to appoint four more independent directors as per the norm, but it has been unable to do so. MTNL said that it is a public sector undertaking and all appointments, including independent directors on the board, are made by the administrative ministry, which is the Department of Telecommunications (DoT). Similarly, the bourses imposed a fine of Rs 9.77 lakh each on Garden Reach Shipbuilders & Engineers Ltd (GRSE) for non-compliance with several corporate governance provisions under the SEBI listing obligations during the quarter ended September 30, 2025.

Cyient Investor Day that was originally planned to be held at Mumbai on December 11, has been revised to later this fiscal year. The decision to reschedule the event follows developments that have arisen in its ongoing strategic corporate initiatives. “We would also like to clarify that this deferral is purely linked to our strategic corporate initiatives and is no reflection of our immediate business outlook for our DET business or our group performance, which remain unchanged for the immediate term at this time,” the company clarified further.

Dalmia Cement (Bharat) Ltd (DCBL), a wholly-owned subsidiary of Dalmia Bharat, has received two show cause notices totalling ₹266.3 crore from the Sales Tax Office. The notices are “issued under Section 74 of the Central GST/Tamil Nadu GST Act 2017 for AY 2019-20 and AY 2022-23, the concerned Sales Tax Officer, Lalgudi, Tiruchirapalli, Tamil Nadu,” according to a regulatory filing from Dalmia Bharat.

Cipla Ltd has announced the launch of Cipla’s first Breathefree Lung Wellness Center in Lajpat Nagar in New Delhi. This will be India’s first-of-its-kind integrated lung diagnostics and wellness centre, that will make advanced standardised lung diagnostics both accessible and affordable for doctors and patients across the country.

Appellate tribunal NCLAT has rejected a plea against Voltas, which sought to initiate insolvency proceedings against the Tata Group firm by one of its operational creditors. A two-member NCLAT bench has upheld the earlier orders of the Mumbai-bench of the National Company Law Tribunal (NCLT), which had on May 27, 2025 rejected the petition on the grounds of a pre-existing dispute. NCLAT upheld the findings of NCLT, saying it “has committed no mistake” in finding that the email chain between appellant Air Wave Technocrafts and Voltas “reflects ongoing disputes” regarding work certification, amounts, and supporting documentation. NCLAT order came over a petition filed by Air Wave Technocrafts, which was engaged by Voltas for providing services to their clients for operation and maintenance of HVAC (heating, ventilation and air-conditioning) systems located at various work sites. A running account was maintained with Voltas for this purpose.

Tega Industries Ltd has entered into a definitive agreement with an affiliate of funds managed by American Industrial Partners (AIP) to acquire Molycop, a leading global supplier of grinding media for the mining industry, alongside funds managed by affiliates of Apollo Global Management, Inc. The company has also announced the successful completion of its fundraise by way of a preferential issue of equity shares.

Neogen Ionics Ltd, a wholly-owned subsidiary of Neogen Chemicals Ltd, has concluded its joint venture agreement with Morita Investment Ltd (MIL), Japan, a wholly-owned subsidiary of Morita Chemicals Industries Co. Ltd, following the agreement executed on August 31, 2025. The JV is designed to strategically combine the partners’ manufacturing and technological expertise, leveraging synergies to capitalise on the rapidly expanding Lithium-Ion Battery market.

The market regulator has barred SME-listed DroneAcharya Aerial Innovations Ltd, its promoters and others from the securities market for up to two years, and levied fines totalling ₹75 lakh for mis-utilisation of IPO proceeds and fraudulent corporate disclosures. The regulator slapped a penalty of ₹20 lakh each on Prateek Srivastava, promoter and managing director of DroneAcharya Aerial Innovations (DAIL), and promoter and CFO Nikita Srivastava. Further, SEBI imposed a penalty of ₹10 lakh each on DAIL, Instafin Financial Advisors LLP and Sandeep Ghate, while Micro Infratech Pvt Ltd was fined ₹5 lakh. DAIL came out with its initial public offer (IPO) and raised ₹33.96 crore from the public. The equity shares were listed on the BSE SME platform on December 23, 2022.

Speciality Restaurants has entered into a franchise agreement with Asia Kitchen By Mainland China LLC, granting rights to the franchisee with effect from November 28 to open one franchise restaurant under its brand “Asia Kitchen by Mainland China” in the United Arab Emirates within the time stipulated in the franchise agreement.

Advait Energy Transitions Ltd (formerly known as Advait Infratech Ltd) has received an orderfrom Purnama Solution (M) Sdn. Bhd., Malaysian Entity for Execution of High Voltage OPGW Installation Works under the following Tenaga Nasional Berhad Contracts – Mainhead C1 Central & Maindhead B1 Johor Tara.  The order value is Malaysian Ringgit 1,17,50,000 (approximately Rs 25.36 crore). In another disclosure, the company said it has received an order for ‘Package ERS-1 for procurement of Emergency Restoration System (ERS) suitable upto 765kV AC/± 800kV’ from Powergrid Corporation of India Ltd. (PGCIL). The order value is ₹21.30 crore inclusive of taxes.

One 97 Communications, the parent entity of the Paytm brand, has completed the transfer of its offline merchant payment business to its wholly-owned subsidiary, Paytm Payments Services (PPSL), following the unit’s receipt of a Payment Aggregator (PA) licence from the Reserve Bank of India (RBI).

ICICI Prudential Life Insurance Company Ltd announced that it has received approval from the Reserve Bank of India for the sale of its entire 100 per cent equity shareholding in ICICI Prudential Pension Funds Management Company Ltd to ICICI Bank Ltd. This approval is subject to certain conditions, including clearance from the Pension Fund Regulatory and Development Authority. This move is part of the company’s strategic realignment and could impact its operational focus, potentially strengthening ICICI Bank’s position in the pension fund management sector.

Ceinsys Tech Ltd has received an additional work order from the Maharashtra Remote Sensing Application Centre (MRSAC) for Detailed Soil Survey and Mapping under the National Soil Mapping Programme for Nashik, Maharashtra, amounting to ₹2.02 crore, including GST.

Infinity Infoway Ltd has executed an ERP Software Service Agreement for Implementation, Customisation, Support & Maintenance with The Education Committee of Shri Maheshwari Samaj, Jaipur. The order value is approximately ₹2.15 crore.

The board of Patel Engineering Ltd has considered and approved a rights issue of 14,77,65,820 shares each for ₹399 crore. The rights Issue price is ₹27 a share and the record date is December 4, 2025. The entitlement ratio is 7 shares for every 40 fully paid-up equity shares.

Quick Heal Technologies Ltd has entered into a contract with NFSU Research and Innovation Council (NFSU-RIC), for implementation of the Integrated Cyber Security Solutions. This initiative aligns with our ongoing cyber security business and supports our strategic objective of delivering cyber security solutions to our customers. Under this contract, we will provide comprehensive cyber security solutions. The scope and value of this engagement marks a significant milestone in our continued collaboration with government institutions. The contract value is Rs 64.25 crore.

The Directorate General of Civil Aviation (DGCA), the aviation regular, on Sunday said Indian airlines have completed the software upgrades on 323 operational Airbus A320 family aircraft. IndiGo and Air India Express have completed the mandatory Airbus software upgrade of their entire A320 fleet.

The board of Exxaro Tiles Ltd has announced that its board of directors has approved the proposal for the incorporation of a foreign wholly-owned subsidiary (WOS) in Dubai. The subsidiary will be engaged in trading activities related to all types of tiles. T

Published on December 1, 2025