After an extended weekend, Dalal Street returns to a packed corporate news flow. From IRFC’s successful OFS and Power Grid’s fundraising plans to fres…
1/18HDFC Bank | The bank on Friday said an independent legal review conducted by two external law firms has found no evidence to substantiate allegations made by former chairman Atanu Chakraborty in his resignation statement.
2/18Indian Railway Finance Corporation | The Centre’s Offer for Sale (OFS) in Indian Railway Finance Corporation (IRFC) received a strong response from investors, helping the government raise an estimated ₹2,084 crore and prompting it to exercise the greenshoe option.
3/18Dr Reddy’s Laboratories Ltd | The Hyderabad-based drug major said the United States Food & Drug Administration (USFDA) has completed a Pre-License Inspection (PLI) at its biologics manufacturing facility in Bachupally, Hyderabad with 7 observations.
4/18Kotak Mahindra Bank | The lender begins CEO hunt after Ashok Vaswani decides against another term. Sources tell CNBC-TV18 the bank is expected to submit a three-member shortlist of internal and external candidates.
5/18IIFL Finance | The board has approved raising up to ₹10,000 crore through equity and other eligible securities, while also doubling its global medium-term note programme limit and enhancing borrowing capacity.
6/18Transrail Lighting | The company has secured fresh international transmission and distribution orders worth ₹459 crore, taking its FY27 order inflows past ₹1,000 crore.
7/18Persistent Systems | The company is set to acquire Nagarro SE for EUR 81 per share, forming Persistent – Nagarro Group, a 2.9 billion dollar AI-led digital engineering firm, deal closing by early 2027.
8/18Godrej Industries Ltd | The company said it has made a further investment in its wholly owned subsidiary Godrej Investment Ltd (GIVL), according to a regulatory filing.
9/18Adani Ports and Special Economic Zone Ltd | APSEZ said S&P Global Ratings has upgraded its long-term issuer credit rating and the issue rating on its senior unsecured notes to ‘BBB’ from ‘BBB-‘, while maintaining a Stable outlook.
10/18Hexaware Technologies | The company said it has been named an Anthropic authorised reseller for Amazon Bedrock, joining a select group of companies globally authorised to resell Claude.
11/18Bajaj Healthcare | The company said it has become the first company in India to secure the Subject Expert Committee (SEC) recommendation for the manufacture and marketing of Cenobamate tablets.
12/18Puravankara | Board approved the sale and transfer of its entire 100% paid-up equity shareholding in Purva Ruby Properties Private Ltd, its wholly owned subsidiary, to Prishal Office Parks III Private Ltd for ₹145 crore.
13/18Rajesh Exports | The gold refining and jewellery manufacturing company said the Enforcement Directorate (ED) conducted a search at the company’s premises, which concluded on June 25.
14/18Power Grid Corp | The company approved a proposal to increase its borrowing limit to ₹2.2 lakh crore from ₹1.8 lakh crore, subject to shareholder approval at the company’s upcoming Annual General Meeting (AGM).
15/18Aurobindo Pharma | The company reported the completion of US FDA inspection at Auroactive Pharma Srikakulam facility, notes two observations with no impact on financials or operations.
16/18KEC International | The company can once again bid for Power Grid contracts after the state-run utility revoked its exclusion order ahead of schedule, offering a boost to the EPC major amid a strong order pipeline.
17/18Waaree Energies | The company issued a clarification on recent media reports concerning a determination by the US Customs and Border Protection (CBP) in an anti-circumvention investigation. Waaree said the CBP’s findings do not conclude that the company exported solar modules manufactured using Chinese-origin cells to the US.
18/18PTC Industries | The company’s board approved a series of fundraising and borrowing proposals. The board has cleared plans to raise up to ₹1,800 crore through multiple routes, including a qualified institutions placement (QIP), a preferential issue and other permissible modes.
