Alok Gupta resigns as Allied Blenders MD, Amar Sinha named successor, HCLTech awards 1 million Climate Action Grant, SBI MF buys Adani stakes from GQG, ixigo to buy 54.7% of Brevistay. Here are few stocks to keep an eye on ahead of Monday’s trading session.
Allied Blenders and Distillers | The company’s Alok Gupta has resigned as Managing Director of the company with effect from May 31, 2026. The board has appointed Amar Sinha as the new Managing Director for a three-year term beginning June 1, 2026, according to an exchange filing.
HCLTech | The company has awarded $1 million under the third edition of its Climate Action Grant in the Americas, supporting projects focused on developing scalable climate solutions.
Hindustan Zinc | The company has signed a memorandum of understanding (MoU) with The Energy and Resources Institute for a 250-hectare ecological restoration project in Rajasthan
HG Infra Engineering | The firm has received the completion certificate for its ₹4,971 crore package of the Ganga Expressway project in Uttar Pradesh.
In a set of block deals, SBI Mutual Fund acquired stakes in Adani Enterprises and Adani Energy Solutions from GQG Partners. GQG sold 1.64 crore shares, or a 1.3% stake, in Adani Enterprises for ₹4,760 crore, with SBI Mutual Fund purchasing the shares at an average price of ₹2,913.40 apiece. Separately, GQG offloaded a 0.5% stake in Adani Energy Solutions for ₹958 crore, with SBI Mutual Fund buying 63.66 lakh shares at an average price of ₹1,504.8 per share.
Adani Ports and Special Economic Zone | APSEZ said its step-down subsidiary, The Adani Harbour International FZCO, has incorporated a wholly-owned subsidiary, Harbour International Shipping FZCO, in the UAE. The new entity was incorporated on June 5, 2026, the company said in an exchange filing.
Le Travenues Technology Ltd | Travel booking platform, ixigo, said its board has approved the acquisition of a 54.66% stake in Brevistay Hospitality Pvt. Ltd. for ₹65.69 crore through a combination of primary and secondary share purchases. The deal is aimed at strengthening ixigo’s presence in the hospitality and short-stay accommodation segment.
