Hindustan Construction Company announced the terms of rights issue as under:

• Total number of Rights Equity Shares and Rights Issue size: 79,99,91 ,900 Rights Equity Shares each for an amount aggregating to Rs. 999.99 Crore (assuming full subscription).
• Rights Issue Price: Rs.12.50 per Rights Equity Share (including a premium of Rs. 11.50 per Rights Equity Share) payable on application
• Rights entitlement ratio: The Rights Equity Shares are being offered on a Rights basis to Eligible Equity Shareholders in the ratio of 277 Rights Equity Shares for every 630 fully paid-up Equity Shares held on the record date.
• Record date: Friday December 5, 2025 for determining the shareholders eligible to apply for the equity shares in the Rights Issue.

Rights Issue period:

• Rights Issue Opening Date: Friday, December 12, 2025
• Last Date for On Market Renunciation of Rights Entitlements: Wednesday, December 17, 2025
• Last Date for Off Market Renunciation: Friday, December 19, 2025
• Rights Issue Closing Date: Monday, December 22, 2025

Outstanding Equity Shares:

• Prior to the Rights Issue: 1,81 ,94,76,162 Equity Shares of the Company;
• Post Rights Issue: 2,61 ,94,68,062 Equity Shares of the Company

India Cements will hold a meeting of the Board of Directors of the Company on 23 January 2026.

Siemens announced change in senior management as under:

1. Dr. Shilpa Kabra Maheshwari will cease to be the Head – People & Organisation of the Company, effective close of business hours of 31 December 2025, as she has decided to leave the Company to pursue opportunities outside of Siemens.

2. Sabine Schneider is appointed as the Head – People & Organisation of the Company, effective 1 January 2026.

3. Rajiv Suri will cease to be the Head - Environmental Health and Safety of the Company, effective close of business hours of 31 December 2025 as he is superannuating from the Company.

4. Sweta Praharaj is appointed as the Head - Environmental Health and Safety of the Company, effective 1 January 2026.

5. Categorisation of Head - Strategy & Sustainability as Senior Management, effective 1 January 2026. The current Head of Strategy & Sustainability of the Company is Dr. Anantharaman Subramaniyan.

Jubilant Pharmova has appointed Daniel J. O'Connor as CEO of Jubilant Therapeutics Inc. step down subsidiary of the company.

Wipro announced that its acquisition of the Digital Transformation Solutions (DTS) business unit of HARMAN has been completed, following the completion of relevant regulatory approvals. The DTS acquisition was originally announced on 21 August 2025, and with the successful closure of the deal, DTS will begin operating as part of Wipro's Engineering Global Business Line.

The acquisition of DTS marks a significant milestone in Wipro's commitment to advance AI capabilities, engineering innovation, and research & development (R&D) excellence.

DTS brings to Wipro deep product engineering and digital transformation services capabilities, combined with strong expertise in embodied AI, embedded software, device engineering, and customer experience platforms. The acquisition will unite DTS' capabilities with Wipro's consulting-led, AI-powered expertise, while seamlessly integrating HARMAN's AI solutions with Wipro Intelligence™—our AI-powered suite of platforms, solutions, and transformative offerings. This will enable Wipro to deliver truly differentiated and connected next-generation experiences and reinforce its standing as a global leader in engineering services.