EVENING BULLETIN 🚦 *Date:* 02-Jun-2025 --- 📍 *ORDER WIN* * *RAJESH POWER*: Wins L1 bid for 11KV MVCC turnkey project under KSY scheme. * *SOLAR INDUSTRIES*: Bags ₹402 crore explosives order from Coal India. * *FRONTIER SPRINGS*: Wins ₹292.6 crore Indian Railways order for air springs. * *SPML INFRA*: Secures ₹258 crore water infra contract from Chennai Metro Board. --- 📍 *ACQUISITION / STAKE BUY* * *DOMS INDUSTRIES*: Acquires 51% in Super Treads Pvt Ltd for ₹6.12 crore. * *UPL (ADVANTA SEEDS)*: Acquires corn assets from K-Adriatica. * *NITIN SPINNERS*: To acquire 18.12% in hybrid energy SPV. * *MITTAL LIFE STYLE*: Acquires 100% in JK Infrasol for ₹8.88 crore. * *JINDAL STAINLESS*: Acquires 33.64% in 282 MW hybrid energy JV. * *LATENT VIEW*: Acquires 80% in Decision Point Pvt Ltd. * *VARDHMAN TEXTILES*: Increases stake in VSSL to 24.9%. --- 📍 *COLLABORATION / PARTNERSHIP* * *VERANDA LEARNING*: Launches global accounting course with IAB UK. * *NAZARA TECH*: Targets global IP and ad-tech synergies. * *HCLTECH*: Partners with UiPath, sets up AI Lab in India. * *TORRENT POWER*: Inks LNG supply deal with BP Singapore (2027–2036). --- 📍 *LEADERSHIP CHANGES / RESIGNATION* * *MAHINDRA*: Asha Kharga’s resignation effective June 30, 2025. * *MATRIMONY.COM*: VP Mayank Anand Jha resigns. * *CENTURY EXTRUSION*: Chairman & MD Vikram Jhunjhunwala resigns effective June 2, 2025. --- 📍 *NEW PROJECTS / FACILITIES / LAUNCH* * *COSMO FIRST*: Starts 5-layer BOPP film line in Aurangabad. * *VINTAGE COFFEE*: Launches liquid coffee for Southeast Asia. * *COSMO FIRST*: Commissions ₹400+ crore BOPP line (adds 81,200 MT). * *MIDHANI*: Launches India’s largest titanium alloy plant. * *OIL INDIA*: Starts gas production in Rajasthan. * *MAZAGON DOCK*: Expects FY26 order book to exceed ₹1.25 lakh crore (related to new submarine contracts). --- 📍 *FUNDRAISING / FINANCIAL TRANSACTION* * *ITI LTD*: Receives ₹25 crore from C-DOT for land deal. * *LAKE SHORE*: Promoters sell 54.84% stake for ₹11 crore. --- 📍 *BOUGHT / SOLD STAKE* * *LAKE SHORE*: Promoter stake sale to AI Maha Fund & Indigo Infracon. * *VARDHMAN TEXTILES*: Stake hike in VSSL. * *JINDAL STAINLESS*: Buys stake in hybrid energy JV. --- 📍 *USFDA / REGULATORY CLEARANCE* * *PIRAMAL PHARMA*: Canada facility cleared by US FDA. * *ISGEC*: Resumes operations post-NGT clearance. --- 📍 *CLARIFICATION* * *BAJRANG ALLIANCE*: Clarifies Potful tie-up is strategic, not an acquisition. --- 📍 *IPO / LISTING* * *AEGIS VOPAK*: To list at 6% discount; GMP flat. * *THE LEELA*: IPO debut at 6.6% discount; GMP flat. --- 📍 *OPERATIONAL UPDATE / BUSINESS PERFORMANCE* * *NMDC*: May iron ore sales up 54% YoY; production up 89%. * *COAL INDIA*: May output down 1.4%, offtake down 7.8% YoY. * *INFOEDGE*: JobSpeak Index flat; IT/retail down, oil & gas/insurance up. --- 📍 *CAPEX / INVESTMENT PLAN* * *NMDC*: Plans ₹70,000 crore capex; expansion via GIFT City arm. --- 📍 *INFRASTRUCTURE COMPLETION* * *CEIGALL INDIA*: Gets completion certificate for ₹127 crore highway project. --- 📍 *POLICY / GOVERNMENT INITIATIVE* * *INDIA’S EV POLICY*: Opens post-July 15; duty cuts for local investment. --- 📍 *SHUTDOWN / MAINTENANCE* * *RAJASTHAN TUBE*: Shuts plant for 4–6 weeks for maintenance/upgrades. --- 📍 *QUARTERLY RESULTS ANNOUNCEMENT* * *ULTRATECH CEMENT*: Q1FY26 results to be announced on July 21, 2025. --- 📍 *STAY UPDATED 🚦