STOCKS IN NEWS

• NLC India / Reliance Industries: Both companies are exploring a joint venture to develop an underground lignite gasification project in Gujarat, aimed at boosting domestic gasified fuel production amid global energy supply concerns.
• Adani Group: Chairman Gautam Adani stated that the group has moved past its U.S. legal issues and is accelerating investments across energy, transport, logistics, and digital infrastructure to capitalize on AI-driven growth opportunities.
• LIC: Life Insurance Corporation is evaluating the creation of a fintech subsidiary, either through strategic investments or an in-house initiative, to strengthen its digital capabilities.
• Suzlon Energy: Suzlon plans to challenge SEBI’s ₹28.95 crore penalty order before the Securities Appellate Tribunal (SAT). The penalty relates to alleged misrepresentation of financial statements involving the company, promoters, and former CFOs.
• Sanghi Industries / Ambuja Cements: Former promoter Alok Sanghi has withdrawn his appeal before the NCLAT after reaching a settlement with Ambuja Cements.
• Trent: Tata Group’s retail arm remains optimistic about its long-term growth potential. Chairman Noel Tata reiterated the company’s ambition to grow revenues tenfold in the coming years.
• Eternal (Blinkit): FSSAI has sought an explanation from Blinkit following a consumer complaint alleging illness after consuming curd ordered through the platform.
• Lupin: The pharma company has received USFDA approval for its Sodium Sulfate, Magnesium Sulfate, and Potassium Chloride tablets.
• PNC Infratech: The company has secured an EPC contract worth ₹302.44 crore from the Airports Authority of India.
• Wockhardt: The USFDA has approved Zaynich (cefepime and zidebactam), a novel intravenous antibiotic for treating complicated urinary tract infections (cUTIs) in adults.

BULK & BLOCK DEALS

• PB Fintech: Founders Yashish Dahiya and Alok Bansal sold shares worth ₹665 crore via block deals. Dahiya sold 26 lakh shares, while Bansal offloaded 12 lakh shares.
• Anand Rathi Wealth: Promoter Anand Rathi Financial Services sold 14.46 lakh shares (1.74% stake) worth ₹500 crore at ₹3,457.97 per share.
• Federal Bank: BNP Paribas Financial Markets sold 3.76 crore shares worth ₹1,085 crore, while Integrated Core Strategies sold 1.51 crore shares worth ₹437 crore.
• MCX & NALCO: BNP Paribas sold 21.79 lakh MCX shares worth ₹642 crore and 1.61 crore NALCO shares worth ₹687 crore through block deals.
• Kalyan Jewellers & RVNL: Integrated Core Strategies purchased 93.81 lakh shares of Kalyan Jewellers worth ₹333 crore and 1.27 crore shares of Rail Vikas Nigam worth ₹314 crore.

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