Over a dozen stocks including Infosys, Adani Enterprises, NDTV, Muthoot Finance in focus on Monday

BLS International Services has informed the Exchanges and Investors of a recent directive issued by the Ministry of External Affairs (MEA), which temporarily restricts the company from participating in new Indian Mission tenders for a period of two years. This development does not impact the company’s current financials or ongoing operations. All existing contracts with Indian Missions across the globe remain valid and continue to operate as scheduled. Additionally, the order will not have any significant bearing on the company’s financial outlook, it said in a notice to the exchanges.

Infosys has announced a comprehensive suite of solutions – the Infosys Customer Experience Suite for Salesforce. Building on a longstanding collaboration, Infosys is enhancing its efforts to deliver advanced Agentforce solutions and support enterprises in their digital transformation initiatives. The solutions are designed to accelerate agentic transformation, empowering businesses to effectively scale their digital workforce, enhance customer experiences, and achieve tangible business results.

Reliance Power has stated that after the arrest of its executive director and chief financial officer (CFO), Ashok Kumar Pal, by the Enforcement Directorate (ED) on Friday night in connection with a bank loan fraud case.. The company, in a release, said that Anil Ambani had not been on its Board for more than three years and that he was “not concerned with this matter in any manner.” Reliance Power further said it would take appropriate steps in the case “as legally advised.” Pal was arrested

According to market buzz, the Supreme Court of India has issued notices to Adani Enterprises, its managing director Rajesh Adani, and others following a Customs Department petition. The case challenges a previous tribunal decision that had dismissed proceedings against the company. The Customs Department alleges that Adani Enterprises evaded duties of ₹49.7.7 crore by improperly importing gold and silver bars duty-free between 2008 and 2010. The company allegedly used duty-free credit entitlement certificates for imports unrelated to their export products. The Supreme Court has scheduled the matter for disposal at the next hearing.

Hindustan Construction Company (HCC) on Friday said it has secured a Rs 204 crore contract from Hindalco Industries Limited for the fabrication, supply, and erection of pot shell and superstructure as part of the Aditya aluminium smelter expansion project in Odisha. The company, in a statement, said the project forms a key component of Hindalco’s large-scale initiative to enhance its aluminium smelting capacity by 200,000 tonnes per annum.

Muthoot Finance on Saturday said its MD, George Alexander Muthoot, was summoned by the Enforcement Directorate (ED) to provide certain clarifications and factual information in the matter of Muthoot group’s role in facilitating non-convertible debentures (NCDs) issued by Srei group companies, according to an exchange filing.  “The interaction was purely in the nature of information sharing, and the Company and its officials have extended full cooperation to the authorities,” the company said in response to a news agency PTI report.

Jyoti Ltd has secured an order of Rs 10.91 crore (Excluding GST) for the design, manufacture and supply of 18 sets of VT pumps with HT motors from Nand Infrastructure & Projects, Bhavnagar, for NWR Tharad - Dhanera Lift Irrigation.

Lokesh Machines Limited has received an order worth about Rs 7.84 crore (inclusive of GST) from Sundaram-Clayton Limited, for the supply of Special Line Boring Machine and Gauging Systems.

Kirloskar Oil Engines Limited has transferred by way of a slump sale as a going concern, its Water Management Solutions- Domestic & Exports Business (collectively, the “B2C Segment”) to its wholly owned subsidiary, La-Gajjar Machineries Private Limited, with a view to internally reorganising the B2C Segment. This strategic transaction is a crucial step in the execution of the company’s long-term vision. 

The Monarch Surveyors and Engineering Consultants Limited has received a Letter of Acceptance for Conducting Final Location Survey, Associated Geological Studies, Traffic Survey, Techno Economic Studies & Design of Railway alignment and Preparation of Detail Project Report (DPR) for Construction of Additional New BG Railway Line between Jammu Tawi (JAT) and Shri Mata Vaishno Devi Katra (SVDK) Railway stations of Jammu Division. The total order value of the project is about Rs 6.19 crore. In a separate notice, the company announced bagging of about Rs 37.67 crore for the Proposed Somnath Dwarka Expressway expansion project.

Zen Technologies has received a significant order worth approximately Rs. 37 crores from the Ministry of Defence, Government of India, for the supply of Anti-Drone Systems with Hard Kill capabilities. The contract is expected to be executed within 12 months.

New Delhi Television Limited (NDTV) has successfully concluded its Rights Issue, raising ₹396.49 crore. The Issue received applications for 5.36 crore shares against 4.83 crore shares on offer, representing an oversubscription of 1.11 times. Following the allotment, NDTV’s equity share capital increased from 6.45 crore shares to 11.28 crore shares. The Promoters’ shareholding increased from 64.71% to 69.02%, while the public shareholding now stands at 30.98%.

GKB Ophthalmics Ltd’s Plant at Tivim Industrial Estate, Mapusa, Goa, has gradually reduced its production to 50% on account of a smaller number of orders due to sluggish market demand and the complete stoppage of export orders from our Subsidiary Company in the USA from the month of October 2025 onwards, due to the heavy imposition of tariffs. Further, the company is reducing its manpower by releasing its temporary workers in a phased manner to cut down its labour cost.

Hind Rectifiers Ltd, a leading manufacturer of Power Semiconductors, Power Electronic Equipment and Railway Transportation Systems, has announced the appointment of Manoj Nair as Chief Executive Officer (CEO) and Key Managerial Personnel (KMP) of the Company.

BASF SE, Germany (Ultimate Holding Company) has globally announced that BASF and funds managed by global investment firm Carlyle, in partnership with Qatar Investment Authority (QIA), have entered into a binding agreement relating to BASF’s automotive OEM coatings, automotive refinish coatings and surface treatment businesses. The global enterprise value of the transaction amounts to €7.7 billion, and the transaction is expected to close in Q2 2026, subject to customary regulatory approvals. Further, BASF will reinvest in the coatings business, holding a 40% equity stake and will receive pre-tax cash proceeds of approximately. €5.8 billion at closing of the transaction.

Published on October 13, 2025