📍 FUNDRAISING

• Adani Enterprises: The flagship Adani Group company, Adani Enterprises Limited, concluded its ₹1,000 crore public issue of non-convertible debentures (NCDs) early on July 11, 2025. The issue, originally slated to close on July 22, 2025, saw overwhelming subscription interest, leading to its early closure.

📍 NEW DEALS / PARTNERSHIPS

• Lupin: Pharma major Lupin has entered into a License and Supply Agreement with Zentiva, k.s., for the commercialization of Lupin's biosimilar Certolizumab Pegol.
• Orient Technologies: The company secured a substantial ₹29.86 crore contract from Protean eGov Technologies Limited. This five-year engagement involves the comprehensive procurement, setup, and support for Amazon Web Services (AWS) infrastructure, strengthening Orient Technologies' position in India's enterprise cloud and managed services sector.

📍 REGULATORY / CORPORATE ACTION

• Multi Commodity Exchange (MCX): The MCX officially launched electricity futures trading on July 10, 2025, following regulatory approval from SEBI in June. These futures are designed to help market participants hedge against volatile power prices.
• Dynamic Cables Ltd: July 11, 2025, has been set as the record date for determining the equity shareholders eligible for bonus equity shares of the company.
• Religare Enterprises: The company's Board of Directors is scheduled to meet on July 11, 2025, to consider and approve a proposal for raising funds through the issuance of specified securities on a preferential basis.
• Gabriel India: The board has approved a composite scheme of arrangement involving Gabriel India, Asia Investments (AIPL), and Anchemco India. This scheme will consolidate the automotive business undertaking of AIPL, including the business of Anchemco and investments in Dana Anand India, Henkel ANAND India, and ANAND CY Myutec Automotive, into Gabriel.

📍 SALES / BUSINESS UPDATE

• Escorts Kubota: The company reported its June 2025 tractor sales. Domestic tractor sales were marginally down at 10,997 units compared to 11,011 units in June 2024. However, export tractor sales saw a significant growth of 114.1%, reaching 501 units in June 2025 compared to 234 units in June 2024.
• Tata Motors: Total sales for June 2025 dropped by 11% to 67,475 units compared to 75,604 units in June 2024. Domestic sales were lower by 12% year-on-year, while international business grew by 69%.

📍 EX-DIVIDEND STOCKS

• A total of 23 listed companies traded ex-dividend on July 11, 2025, attracting attention from income-seeking investors.
• Notable companies going ex-dividend include:
  • Atul: ₹25 per share (highest dividend among the group)
  • IDFC First Bank: ₹0.25 per equity share
  • Zydus Wellness: ₹6 per share
  • Shriram Finance
  • Apollo Tyres: ₹5 per share
  • Nilkamal: ₹20 per share
  • Jenburkt Pharmaceuticals: ₹18 per share
  • D-Link (India): ₹15 per share
  • Zensar Technologies: ₹11 per share
  • UPL: ₹6 per share
  • Sobha: ₹3 per share

TAGS: India Daybook, Stocks in News, Corporate News, Stock Market, Company News

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