EVENING BULLETIN 🚦 *Date:* 26-May-2025 --- 📍 *MERGERS & ACQUISITIONS* *INOX WIND:* NCLT approves merger of Inox Wind Energy with Inox Wind. *JSW PAINTS:* Nearing \$1.1B acquisition of Akzo Nobel India. *BRAINBEES (FIRSTCRY):* To invest ₹146 Cr in Globalbees. --- 📍 *LEGAL / REGULATORY / TAX ORDERS* *BHARTI AIRTEL:* SC dismisses Bharti Telemedia’s entertainment tax appeals. *KEI INDUSTRIES:* Delhi HC quashes ₹59 Cr GST demand. --- 📍 *ORDER WINS / CONTRACTS* *PATEL ENG:* Bags ₹958 Cr irrigation project in JV. *CONTINENTAL PETROLEUMS:* Bags ₹32.64 Cr Jaipur Vidyut contract. *CFF FLUID CONTROL:* Bags ₹6.58 Cr MDL order for naval spares. --- 📍 *COLLABORATIONS / PARTNERSHIPS* *LUPIN:* LATAM Ranibizumab deal with SteinCares. *INSECTICIDES INDIA:* Tie-up with Nissan Chemical for Altair herbicide. *DHANSAFAL FINSERV:* ₹75 Cr co-lending pact with Vastu Finserve. *MASTEK:* Deploys Oracle Cloud for Air Niugini. --- 📍 *PLANT LAUNCHES / FACILITY INAUGURATIONS / LAND ACQUISITIONS* *REMSONS:* Opens new 30,000 sq. ft. loco facility in Pune. *POCL ENTERPRISES:* Starts production at new 11,000 MTPA plant. *INNOVA CAPTAB:* Launches new plant in Kathua. *TEMBO GLOBAL:* Gets 100-acre MIDC land for arms plant. --- 📍 *REVENUE / EBITDA GUIDANCE* *JSW STEEL:* Sees better Q1FY26 EBITDA/ton, ₹20,000 Cr FY26 capex. *BEML:* ₹18,000 Cr order book, 20% revenue growth, 14.5% margins. *RAINBOW HEALTHCARE:* 18–20% revenue growth; 25–27% margins. *GOPAL SNACKS:* FY26: 30–35% revenue growth; 25% EBITDA growth. *RATEGain:* Meets FY25 revenue guidance with 12% growth. *INNOVA CAPTAB:* FY26 revenue guidance of ₹400 Cr from Jammu. --- 📍 *STAKE CHANGES / BUYBACKS / SHARE ALLOTMENTS* *LLOYD ENG:* Promoter sells 2.68 Cr shares to Thriveni Earthmovers. *DELTA CORP:* HDFC MF reduces stake from 9.2% to 7.18%. *TRACXN TECH:* Approves ₹8 Cr buyback at ₹70/share. *INDIGO:* Gangwal & Chinkerpoo Trust to sell 3.4% stake. *SAGILITY:* Promoter to sell up to 15% via OFS. *AB LIFESTYLE:* Allots 122 Cr equity shares to ABFRL shareholders. --- 📍 *LEADERSHIP CHANGES* *SONATA SOFTWARE:* CHRO Balaji Kumar resigns. *NDTV:* Rahul Kanwal appointed CEO & Editor-in-Chief. --- 📍 *NEW PROJECTS / EXPANSIONS* *BARODA RAYON:* Board approves ₹100 Cr SBI loan for expansion. *HP ELECTRIC:* India’s first 9,000 HP electric locomotive to be unveiled by PM. --- 📍 *PROJECT COMMISSIONING / APPROVALS* *HUBTOWN:* Receives OC for Chembur project; 97% sold. *NHPC:* Subansiri project to commission 3 units by June 2025. --- 📍 *IPO / LISTING RELATED* *AB LIFESTYLE:* Becomes independent listed entity post allotment. --- *Stay Updated