Several company stocks may show significant movement on Thursday (June 5, 2025). Key names to watch include HAL, PowerGrid, YES Bank, and Vedanta.
Some companies are facing regulatory actions, while others have announced major funding or business updates.
PowerGrid
State-owned PowerGrid has bought MEL Power Transmission Ltd (MPTL) for ₹8.53 crore. The deal includes 10,000 equity shares along with MPTL’s assets and liabilities.
The final price will be adjusted after reviewing MPTL’s audited financial results.
HAL
Hindustan Aeronautics Limited (HAL) has dismissed reports claiming it has halted talks with GE about producing GE414 engines in India.
HAL called these reports “misleading and inaccurate” and said it is not exploring other engine options for the LCA Mk2 project.
REC
Government-owned REC, a Maha-Ratna company, has received board approval to raise up to ₹1.55 lakh crore through private placement of bonds or debentures.
The fundraising will be done in phases and needs shareholder approval at the upcoming AGM.
Waaree Energies
Waaree Energies, the promoter of Indosolar Ltd, will sell 4,76,495 shares (1.15% stake) through an Offer for Sale (OFS) on June 5 and 6, 2025.
This step is being taken to meet public shareholding requirements. The OFS will be open to non-retail investors on June 5 and to retail investors on June 6.
Gland Pharma
Cenexi, a subsidiary of Gland Pharma, has received a final inspection report from France’s drug regulator ANSM.
The agency found 11 issues related to violations of GMP (Good Manufacturing Practices) at Cenexi’s Fontenay facility.
YES Bank
YES Bank announced that CA Basque Investments, a Carlyle Group company based in Mauritius, has sold a 2.62% stake in the bank.
This brings its total holding down to 4.22%, which is now below the threshold needed to nominate a board member.
Vedanta
Vedanta has increased its renewable energy capacity to 1.03 GW.
The company aims to expand this to 2.5 GW by 2030 as part of its goal to achieve net-zero carbon emissions by 2050 or earlier.
Diamond Power Infrastructure
Promoters Monarch Infraparks Pvt Ltd and GSEC Ltd plan to sell a combined 5.98% stake in Diamond Power Infrastructure Ltd.
The Offer for Sale (OFS) includes a base issue of 2.1 crore shares, with an option to sell another 1.05 crore shares, totaling 3.15 crore shares.
