EVENING BULLETIN 🚦 *Date:* 06-Jun-2025 --- 📍 *ORDER WIN* *SHIVALIC POWER*: Secures ₹1.3 Cr orders from steel, cement, and EV industries. *WARDWIZARD*: Receives order for 2,500 Wolf+ e-scooters from SpeedforcEV. *ORIANA POWER*: Wins ₹98.6 Cr EPC contract for a 20 MW solar project in Bihar. *GHV INFRA*: Bags ₹546 Cr roadwork order from a related party. *SEAMEC*: Receives \$2.16 Mn offshore vessel charter order from Dubai’s Mubarak Bridge. --- 📍 *ACQUISITIONS / ASSET PURCHASE* *HYUNDAI MOTOR*: Acquires 26.13% stake in FPEL TN Wind Farm Pvt Ltd. *BHAGERIA INDUSTRIES*: Purchases office space in Mumbai for ₹13.78 Cr. *DHARIWALCORP*: Acquires 5.5 hectares of land in Rajasthan for strategic use. *UPL*: Exits Brazilian seed JV Serra Bonita via \$125 Mn asset sale. --- 📍 *COLLABORATIONS / MoUs / PARTNERSHIPS* *KPI GREEN* + *DELTA ELECTRONICS*: Sign MoUs for BESS, solar inverters, and EV infra. *BEL* + *TATA ELECTRONICS*: Partner for semiconductor and electronics ecosystem development. *RITES* + *HINDUSTAN COPPER*: Sign MoU for critical mineral supply chain. *PREVEST DENPRO* + *IDA*: Sign 5-year MoU for R\&D and dental innovation. *JMG CORP* + *GERMI*: Partner for ESG, carbon credits, and biochar projects. --- 📍 *LEADERSHIP / BOARD CHANGES* *INDO NATIONAL*: Appoints Suneeta Reddy as Director. --- 📍 *NEW PROJECTS / INFRASTRUCTURE DEVELOPMENT* *NTPC (THDC)*: Begins commercial operations of 250 MW unit at Tehri PSP. *GAIL*: Executes first monsoon-season LNG discharge at upgraded Dabhol terminal. --- 📍 *FUNDRAISING / CAPITAL INFUSION* *RACL GEARTECH*: To raise funds via preferential issue to support expansion and reduce debt. *DEEPAK NITRITE*: Injects ₹176 Cr into subsidiary DCTL via OCRPS. --- 📍 *MERGERS / DEMERGERS / RESTRUCTURING* *GG ENGINEERING* + *INTEGRA ESSENTIA*: Receive NCLT nod to hold shareholder meet for merger. --- 📍 *CLARIFICATIONS / DENIALS* *CG POWER*: Denies any Wolfspeed risk to Renesas JV and confirms unaffected operations. --- 📍 *LEGAL & REGULATORY MATTERS* *ASHOKA BUILDCON*: ₹1,673 Cr CIDCO road project stayed by Bombay HC. *VIP INDUSTRIES*: Faces ₹6.41 Cr lawsuit from Chinese supplier over unpaid dues. *DALMIA BHARAT*: Reports ₹236 Cr loss due to revocation of West Bengal incentives. *ICICI BANK*: RM siphoned ₹4.6 Cr from client accounts and lost funds in the market. *PAYTM*: Begins publishing monthly DLG portfolio data per new RBI norms. --- 📍 *MONETARY POLICY / INTEREST RATES* *RBI*: Reduces repo rate by 50 bps to 5.5%. *BANK OF INDIA*: Lowers RBLR to 8.35% post-RBI rate cut. *NBFC SECTOR*: Likely to benefit from RBI’s policy easing; *MMFS*, *AB CAPITAL*, *IIFL* among beneficiaries. --- 📍 *OPERATIONAL / BUSINESS UPDATES* *VOLER CAR*: Reports 27% YoY revenue growth in May 2025; number of operational cities doubled. --- 📍 *TECH & R\&D INITIATIVES* *DISHMAN CARBOGEN*: CHF 25 Mn co-investment to expand ADC manufacturing in Switzerland. *PREVEST DENPRO*: Boosts dental research and community initiatives via IDA partnership. --- 📍 *DIVIDENDS / BOARD MEETINGS* *VEDANTA (HIND ZINC)*: Board to meet on June 11 to consider dividend. --- 📍 *EQUITY CORPORATE ACTION* *BAJAJ FINANCE*: Sets June 16 as record date for 1:2 stock split and 4:1 bonus issue. --- 📍 *EXIT FROM BUSINESS / SUBSIDIARY* *UPL*: Exits non-core Brazilian JV Serra Bonita through liquidation. --- 📍 *CREDIT / INVESTMENT RATINGS* (No updates today — stay tuned for future ratings news.) --- 📍 *STRATEGIC EXPANSION* *BHAGERIA INDUSTRIES*: Mumbai office purchase to support capacity expansion. *DHARIWALCORP*: Land acquisition in Rajasthan planned for future project development. --- 📍 *STAY UPDATED 🚦