Hindustan Construction Company (HCC) announced a significant reduction in its exposure to debt (arising from Corporate Guarantee) issued in connection with loan facilities of Prolific Resolution (PRPL), an associate company.

As part of its plan with lenders, HCC had transferred an aggregate debt of ~2.854 crore to PRPL along with ~6.508 crore of Awards & Claims, while retaining a 49% equity stake in the entity. The Company had also provided a corporate guarantee for 100% of the debt owed by PRPL to its lenders. With accrued interest, the total amount of PRPL debt along with Awards & Claims is currently ~3.935 crore and ~6.325 crore, respectively.

Following formal approvals from PRPL Lenders, its Board and relevant stakeholders, HCC's guarantee obligation has been reduced from 100% of the outstanding amount to ~571 crore, representing 20% of the principal amount transferred. The reduction is part of the Company's ongoing commitment to de-leverage its balance sheet, strengthen its investment grade rating and access capital markets for stronger future growth as it scales its operations.

This material event has paved the way for HCC to access larger credit facilities and raise equity capital, including the recently announced Rights Issue which is supported by HCC's Promoter Group. The revised guarantee framework has been executed today in coordination with lending institutions and is in compliance with applicable regulatory, legal, and governance requirements.

GOCL Corp. will hold a meeting of the Board of Directors of the Company on 15 December 2025.

Prakash Industries will hold a meeting of the Board of Directors of the Company on 18 December 2025.

Tata Power Company has received a Letter of Intent (LOI) from REC Power Development and Consultancy , a wholly owned subsidiary of REC, for the acquisition of Jejuri Hinjewadi Power Transmission, a project special purpose vehicle (SPV).

The Project SPV, Jejuri Hinjewadi Power Transmission, will be developed on a Build-Own-Operate Transfer basis to provide transmission services for 35 years from the Scheduled Commercial Operation Date (SCOD), set 24 months after the SPV transfer.

The project includes construction and commissioning of approximately 115 km of 400 kV double-circuit (D/c) line between Jejuri and Hinjewadi and extension of 400 kV GIS line bays at substations in both locations.

The annual transmission charges are Rs 155.78 crore.

Kilburn Office Automation announced that the 44th Annual General Meeting(AGM) of the company will be held on 31 December 2025.

Maha Rashtra Apex Corporation will hold a meeting of the Board of Directors of the Company on 18 December 2025.

Dhanlaxmi Cotex will hold a meeting of the Board of Directors of the Company on 18 December 2025.

Wanbury announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 5 January 2026.

Karur Vysya Bank has received affirmation in credit ratings for certificate of deposit programme for Rs 10,000 crore at ICRA A1+.

The board of Ashiana Housing at its meeting held on 11 December 2025 has approved the issue of Non-Convertible Debentures/ Bonds (Unsecured) upto Rs 50 crore on private placement basis.