Zee Entertainment Enterprises Ltd., Biocon Ltd., Vishal Mega Mart Ltd., Hindustan Zinc Ltd. and NTPC Ltd. will be the stocks to watch before going into trade on Tuesday.
Here’s a list of corporate announcements post-Monday market hours.
Stocks In News
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Zee Entertainment: The company approved the plan to raise Rs 2,237 crore from promoter entities via issuing 16.95 crore warrants at an issue price of Rs 132 per share. The warrants are proposed to be allotted to Altilis Technologies and Sunbright Mauritius Investments. With this, the promoter shareholding will go up to 18.39%.
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Biocon: The company opened a QIP of Rs 4,500 crore at a floor price of Rs 340.2 per share. Proceeds from the QIP are to be used to reduce debt.
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Vishal Mega Mart: Promoter Kedaara Capital via Samayat Services LLP will sell a 10% stake via block deals. The floor price is Rs 110 per share, a 12% discount to the last closing price. The size of the block deal is Rs 5,057 crore as per the term sheet accessed by NDTV Profit.
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ICICI Bank: RBI approved the re-appointment of Sandeep Batra as Executive Director of the Bank for a period of two years from Dec. 23, 2025 to Dec. 22, 2027.
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NTPC: The company will consider raising funds up to Rs 18,000 crore via bonds on June 21.
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Nazara Tech: The company allotted shares worth Rs 495 crore to Axana Estates at Rs 990 apiece on a preferential basis.
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TCS: The company partnered with the Council of Europe Development Bank to transform reconciliation processes.
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HCLTech: The company signed an agreement with E.ON to accelerate product-based transformation.
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Hyundai Motor: The company commenced production of passenger vehicle engines at a Talegaon plant in Pune, Maharashtra.
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Mphasis: The company is in an agreement with Sixfold to strengthen insurance underwriting capabilities.
IPO Offering
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Oswal Pumps: The public issue was subscribed to 1.61 times on day 2. The bids were led by qualified institutional investors (0.27 times), non-institutional investors (4.5 times), and retail investors (1.12 times).
Stocks Going Ex-Trade
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Ex-Dividend: Shankara Building Products (Final Dividend – Rs 3), Hindustan Zinc (Interim Dividend – Rs 10).
Stocks To Exit Anchor Lock-In
Shares worth over Rs 39,385 crore of Vishal Mega Mart and Sai Life Sciences are set to exit their respective lock-in periods on Tuesday.
As much as 56% equity of Vishal Mega Mart and 48% equity of Sai Life Sciences is set to become eligible for trade as the six-month lock-in period ends for shareholders, as per Nuvama’s report.
. Read more on Markets by NDTV Profit.IT companies like TCS, HCLTech and Mphasis announced new partnerships and deals. Read MoreMarkets, Business, Notifications
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