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Why these 10 stocks will remain in focus: HUL, Vedanta, Kalpataru, Sellwin Traders and others
Hindustan Unilever Ltd. on Thursday said its CFO, Ritish Tiwari, will move to Global Head of M&A and Treasury at its parent company, Unilever, in London. Additionally, ex-Hero MotoCorp CEO Niranjan Gupta has been appointed as Chief Financial Officer designate to succeed him. Gupta will also be a member of the HUL Management Committee and will move into the new role with effect from September 1, 2025, Hindustan Unilever Ltd (HUL) said in a statement. He will take over from Ritesh Tiwari as Executive Director, Finance & CFO, HUL and join the board on November 1, 2025, subject to necessary approvals.
Vedanta Ltd. on Thursday said its board has approved the second interim dividend of Rs 16 per share for the current fiscal year, amounting to an outgo of Rs 6,256 crore. The company had earlier announced a dividend of Rs 7 per share in June this year. The first dividend resulted in an outflow of Rs 2,737 crore.
Sellwin Traders on Thursday said it has signed an agreement to acquire a 51 per cent stake in Dubai-based Global Market Insights IT Services (GMIIT). The Ahmedabad-based company has entered into a memorandum of understanding with GMIIT to form a strategic business partnership aimed at expanding and strengthening GMIIT’s operations in the Gulf region, Sellwin Traders said in an exchange filing.
Kalpataru Ltd’s net debt declined 15 per cent to Rs 7,939 crore during the June quarter with the help of funds raised through Initial Public Offering (IPO). The company had a net debt of Rs 9,310 crore at the end of the last fiscal year, and this has decreased to Rs 7,939 crore as of June 30, 2025, according to the latest investor presentation. Kalpataru Ltd raised Rs 1,590 crore in equity through IPO in June 2025. The company has given guidance to reduce its debt to Rs 7,300 crore by the end of the current 2025-26 fiscal.
India Grid Trust has signed definitive agreements with Techno Electric & Engineering Company Ltd (TEECL) to acquire its NERES XVI power transmission project in the northeast for up to Rs 460 crore. The project, comprising a 400/220/132 kV substation with 1,400 MVA capacity and a 45-km double-circuit transmission line, is targeted for commissioning by December 2026.
Indian Hotels Company Ltd (IHCL) on Thursday announced its collaboration with Syama Prasad Mookerjee Port, Kolkata, for the redevelopment of ‘Chotelal Ki Ghat’ with an investment of up to Rs 5 crore. Originally built in the 1870s on the Hooghly Riverfront in Kolkata, the project is being supported by the Indian National Trust for Art and Cultural Heritage (INTACH), IHCL stated in a press release.
Titagarh Rail Systems Limited has received a Letter of Intent from Garden Reach Shipbuilders & Engineers Ltd for constructing two research vessels worth ₹467.25 crore. The vessels, intended for the Geological Survey of India, will be utilised for coastal exploration, offshore geological mapping, mineral exploration, and monitoring of the ocean environment.
Hindustan Foods Limited (HFL) has acquired a 25.07% stake in Asar Green Kabadi Private Limited for ₹5 crore, marking its entry into the waste management and recycling industry. The acquisition involves 24,643 Series B Compulsorily Convertible Preference Shares (CCPS) of Asar Green Kabadi. The deal structure includes ₹4 crore in cash and ₹1 crore adjusted against an outstanding loan.
GHV Infra Projects Ltd has received a Letter of Intent (LOI) from Valor Estate Ltd for appointing as the engineering, procurement and construction partner for the execution of the PAP & Police Housing Project at Malad (East), Mumbai. The project has an initial scope of Rs. 2,000 crore, with a targeted completion period of sixty (60) months from commencement.
Apollo Micro Systems Ltd has been declared the Lowest Bidder for orders worth Rs. 25.12 crores from DRDO & Defence PSU’s.
United Drilling Tools Ltd has received an order from Halliburton Offshore Services, INC for the supply of Conductor Wall with Multi Start Connector in the ordinary course of business. The Estimated Contract Value is Rs. 5.63 crore.
Tembo Global Industries is pleased to announce the successful completion of an Rs 316.7 crore fundraise through a combination of preferential issue of equity shares and share warrants. This strategic capital infusion received an overwhelming response from various investors and includes contributions from the company’s promoters and strategic investor Mohammed Abdul Nayeem, Founder & Chairman of Masah Construction Company, Saudi Arabia.
Published on August 22, 2025
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