RVNL: The company emerged as the lowest bidder in the Rs 3,910-crore project awarded by the Eastern Railway.
Torrent Pharmaceuticals: The company has signed a non-exclusive patent agreement with Takeda Pharmaceuticals to commercialize Vonoprazan in India.
Intellect Design Arena: The company’s consumer banking division announced the launch of the eMACH.ai Digital Engagement Platform (eMACH.ai DEP) at Money20/20 in Amsterdam, which offers a single origination platform for retail, SMEs and corporates and can coexist alongside older versions.
Indian Energy Exchange: The company reported a 29% YoY increase in total monthly trading volume to 10,633 MUs, a 640% YoY increase in renewable energy certificate trading volume, and a 74% YoY growth in the green market.
NBCC India: The company has received 13 orders worth Rs 4,910 crore.
KPI Green Energy: The company won a new order for a 26.15MW solar power plant for its captive power generation division.
Century Textiles and Industries: A subsidiary of the company has entered into a joint venture with Vermalt India to develop a luxury residential complex in Gurugram. The land is
The plot is spread across 13.27 acres and has a development potential of about 2.4 million square feet, with a revenue potential of about Rs 5,000 crore.
Bharat Heavy Electricals: The company has received an order worth Rs 3,500 crore from Adani Power for setting up a thermal power project in Chhattisgarh.
Kalpataru Projects International: The company is looking to raise funds by issuing NCDs on a private placement basis on June 10.
Sun Pharma Advanced Research Company: Chetan Rajpara has stepped down from his role as CFO.
UNO Minda: The company has signed a technology license agreement with Lnovance for combined charging units and high-voltage EV products.
Hindustan Aeronautics: ISRO Chairman S Somanath inaugurated a state-of-the-art fuel tank manufacturing and computer numerical control machining facility at the company’s aerospace division, enhancing its rocket manufacturing capabilities.
Heritage Foods: The company has launched a new product in the sweets and ice cream category – ‘Laddus and Ice-Creams’.
Sterlite Technologies: On June 5, the company fired Paul Atkinson, CEO of its optical networks business, and hired Ankit Agarwal, MD, to take over the optical networks business.
Endurance Technologies: The company has appointed RS Raja Gopal Sastry as chief financial officer.
Nazara Technologies: The company’s subsidiary Absolute Sports has announced the acquisition of US entertainment content website SoapCentral.com for $1.4 million (Rs 116 crore) in an all-cash deal.
IPO Offering
Kronox Lab Sciences: The public offering was subscribed 118.22 times on the third day. Bidding was led by institutional investors (89.03 times), non-institutional investors (302.99 times) and retail investors (55.72 times).
Bulk Purchase
Bhagiradha Chemicals and Industries: Shantilal Shah Chetan sold 4.31 million shares (41.42%) at Rs 188.49 per share while Delive Trading and Resorts Private Limited bought 4.306 million shares (41.38%) at Rs 188.49 per share.
Apollo Pipes: Meenakshi Gupta sold 980,000 shares (2.49%) at Rs 647.05 per share while Ohana India Growth Fund bought 772,000 shares (1.96%) at Rs 647.05 per share.
Shilpa Medicare: Plutus Wealth Management LLP bought 0.75 lakh shares (0.86%) at Rs 492.34 per share.
Insider Trading
Som Distillers and Breweries: Promoter Jagdish Kumar Arora bought 25,000 shares on June 4.
Usha Martin: Promoter Peterhouse Investments India sold 1,25,000 shares on June 3.
Seamec: Promoter HAL Offshore purchased 53,719 shares between June 3-4.
Mangalore Fertilisers: Promoter Zuari Agro Chemicals has cancelled pledge of 1.05 crore shares.
Manappuram Finance: Promoter Nandakumar VP purchased 1.5 lakh shares on June 4.
Paisalo Digital: Promoter Equilibrated Venture Cflow purchased 1.125 million shares on June 4.
DB Corp: Promoter Girish Agarwal purchased 1.47 million shares between May 30 and June 3, promoter Sudheer Agarwal purchased 1.61 million shares between May 30 and June 3 and promoter Pawan Agarwal purchased 1.36 million shares between May 30 and June 3.
Reconciling Transactions
Price band revised from 10% to 5%: Jai Prakash Associates.
Price range revised from 20% to 10%: Heritage Foods.
Those that fell outside the near-term framework were Finolex Cables, Johnson Controls and Hitachi Air Conditioning India.
F&O Prohibition
1. Seel
