EVENING BULLETIN 📅 Date: 9-June-2025 --- 📍 *Order Wins / Contracts* *Kalpataru Projects*: Bags ₹3,789 Cr orders, including record B\&F project. *L\&T*: Wins ₹1,000–2,500 Cr order from JSW Energy for Bhavali Pumped Storage civil works. *Aurionpro*: Secures \$2.5M deal from Sri Lankan bank for iCashpro platform. *AVP Infracon*: Bags ₹16.23 Cr order for Road Over Bridge in Tamil Nadu. *ITD Cementation*: Wins ₹893 Cr marine infra contract in Odisha. *Protean eGov*: Wins ₹100 Cr Bima Sugam contract to build digital insurance platform. *Meera Industries*: Wins \$403K U.S. export orders in textile machinery. --- 📍 *Acquisitions / M\&A* *One Point One*: Acquires TECHSCIENT.AI to enhance AI-driven BPM services. *JK Cement*: Clarifies Saifco Cements acquisition at ₹149.79 Cr. *Affle*: To review troubled Bobble AI investment on June 16. *Aditya Birla Realty*: Gets ₹420 Cr from IFC for Pune & Thane developments. --- 📍 *Leadership Changes* *AstraZeneca India*: Sanjeev Panchal resigns as MD; Praveen Rao appointed. *Olectra Greentech*: CMD K.V. Pradeep resigns w\.e.f. June 9, 2025. *Wipro*: Appoints new MD for Middle East operations. *Jio Financial*: Announces new executive leadership team. --- 📍 *New Projects / Expansions* *Valor–Prestige JV*: Advances 4M+ sq. ft Worli redevelopment in Mumbai. *Tembo Global*: Gets 100-acre land for arms & ammunition unit in Amravati. *Indo Borax*: To launch Boron Oxide product with ₹20 Cr investment in July. *SPML Infra*: Targets 50% FY26 revenue growth; ₹3,000 Cr order book, ₹175 Cr BESS capex. *Saraswati Saree Depot*: Opens first Kolhapur store with ₹2.8 Cr investment. *TIL*: Launches ‘TIL Defence’ with ₹2,000 Cr order pipeline. *HCL Tech*: Opens second Kerala delivery center for AI, GenAI & cloud. *Zee Entertainment*: Launches AI-powered micro-drama app with Bullet. *Jindal Saw*: To invest \$118M in UAE & Saudi plants. --- 📍 *Fundraising / Investment* *TIL*: Allots 37.5M warrants at ₹160, raising ₹15 Cr via private placement. *Premier Energies*: Fund to offload 2.5 Cr shares via block deal. --- 📍 *Share Transactions / Stake Changes* *Wipro*: 20.23 Cr shares worth ₹5,057.5 Cr exchanged via block deal. *Suzlon*: Promoter sells 20 Cr shares (1.46%) via block deal. --- 📍 *Banking & Lending* *HDFC Bank*: Cuts lending rates by 10 bps across all tenures. --- 📍 *Plant Operations / Shutdowns / Restarts* *Goa Carbon*: Temporarily shuts Goa unit from June 9 for maintenance. *Zuari Agro*: Restarts Mahad SSP plant after month-long halt. --- 📍 *Regulatory / Legal / Anti-Dumping* *Oriental Carbon*: India imposes anti-dumping duty on sulphur from China & Japan. *Piramal Pharma*: Anti-dumping duty on Vitamin-A Palmitate from China, EU & Switzerland. --- 📍 *Corporate Clarifications* *JK Cement*: Minor correction in Saifco Cements acquisition amount. --- 📍 *Monthly / Quarterly Business Updates* *Max Life*: 26% premium growth, 28% APE growth in May. *HDFC Life*: 33% premium, 19% APE growth in May. *SBI Life*: 25% premium, 13% APE growth in May. *LIC Life*: 11% premium, 21% APE growth in May. *IRB Infra*: ₹581 Cr toll revenue in May, up 9% YoY. --- 📍 *Product Launches* *Glenmark Pharma*: Launching BRUKINSA® in India for blood cancers. *TVS Motor*: Launches 2025 Apache RTR 200 4V with updates. --- 📍 *Technology / Innovation* *One Point One*: Integrates TECHSCIENT’s GenAI into BPM platform. *Wipro*: Signs MoU with PMU in Saudi for tech skilling center. *Zee Entertainment*: Micro-drama app with AI personalization. --- 📍 *Market Outlook / Commentary* *Nykaa*: Adwaita Nayar says firm gearing up for profitable growth. *Hindustan Zinc*: Sees silver at \$41–42/oz by 2027; targets 1,000T output. --- 📍 *Board Meeting / Corporate Actions* *Kabra Drugs*: To evaluate acquisition, new license, and subsidiary on June 18. --- 📍 Stay updated 🚦