STOCKS IN NEWS

• RIL: The Company’s subsidiary, Jio Platforms, surged into the global top 20 in the latest Patent Cooperation Treaty (PCT) rankings recently released by the World Intellectual Property Organization (WIPO). The report ranks the top PCT applicants based on published data.
• Jio: Jio Platforms reported that it had cumulatively filed 6,817 patents as of March 2026. A total of 1,009 patents have been granted globally, comprising 538 grants in India and 471 in international markets.
• NLC: NLC India has been declared the preferred bidder for the Govindpur Vanadium, Titanium & Aluminous Laterite Block in Sangareddy, Telangana, following the Critical & Strategic Mineral Blocks e-auction conducted by the Ministry of Mines on June 12.
• Krishna Institute of Medical Sciences: The Board of Directors has approved the preferential allotment of 77.02 lakh warrants worth Rs 600 crore to the promoter group. The issue price has been fixed at Rs 779 per warrant. Meanwhile, the Board has approved the convening of an Extraordinary General Meeting (EGM) of the shareholders on July 9.
• Dr Reddy’s Laboratories: The pharmaceutical company announced the first-to-market launch of Bosutinib Tablets 400 mg, a generic equivalent of Bosulif, in the United States, further expanding its oncology portfolio. Bosutinib Tablets (400 mg) were a first-to-file product and are eligible for 180 days of generic drug exclusivity for this strength in the US. According to IQVIA National Sales Perspectives data, the Bosulif brand recorded US sales of approximately $253.8 million during the latest 12 months.
• Ashoka Buildcon: The company has received a Letter of Acceptance (LoA) from the Chhattisgarh State Industrial Development Corporation for the development of a Gems & Jewellery Park in Raipur under the Public-Private Partnership (PPP) model. The accepted premium amount payable for the project is Rs 112.40 crore.
• Power Grid Corporation of India: The company has been declared the successful bidder for establishing the Inter-State Transmission System (ISTS) for proposed green hydrogen and green ammonia projects in the Kakinada area (Phase I) on a Build, Own, Operate and Transfer (BOOT) basis.
  The project includes the establishment of a new 765/400 kV GIS substation, along with STATCOM and 765 kV transmission line works in Andhra Pradesh.
• RBL Bank: The Board has approved the appointment of Bhavin Lakhpatwala as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the bank with effect from June 12. Deepak Ruiya will cease to be a KMP of the bank and will continue in his role as Deputy CFO.
• IPCA Laboratories: The company has announced a definitive global licensing agreement granting IPCA access to BRL’s proprietary high-concentration subcutaneous biologics delivery platform for the development and commercialization of multiple monoclonal antibody products targeting oncology and inflammatory diseases.
• Karur Vysya Bank: The bank has increased interest rates on its Foreign Currency Non-Resident (FCNR) deposits and is now offering 7 percent per annum on US Dollar (USD) FCNR deposits with tenures of three years and above.

Bulk Deals

• Sanofi India: Nippon India Mutual Fund has acquired 2.64 lakh shares, representing a 1.14 percent stake, in Sanofi India for Rs 83.19 crore. Meanwhile, HDFC Life Insurance Company sold 2.75 lakh shares, equivalent to a 1.19 percent stake, for Rs 86.62 crore. The shares were transacted at a price of Rs 3,150 per share. As of March 2026, Nippon Life India Trustee, through Nippon India Small Cap Fund, held a 3.79 percent equity stake in Sanofi India, while HDFC Life Insurance Company.

The Composite Scheme of Arrangement (Demerger of VEDANTA)

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