Italian stationery giant FILA (Fabbrica Italiana Lapis ed Affini S.p.A.) is set to sell up to 7 percent stake in DOMS Industries through block deals, with the floor price set at ₹2,100 per share and the total block deal size estimated at ₹892 crore, according to a CNBC-TV18 report. The base deal size is pegged at 5.2% equity with an option to upsize by 1.8%, while the floor price implies a 9% discount to current market price. Foreign promoter FILA held a 26.01 percent stake in DOMS as of March 2026. The company also announced the launch of its Applied AI Center of Excellence (CoE) for Claude models powered by Anthropic, reinforcing its commitment to accelerating enterprise AI adoption. However, DOMS Industries shares slipped nearly 2 percent following the block deal announcement, indicating investor concerns about the stake sale.
Krishna Institute of Medical Sciences has announced the launch of its Qualified Institutions Placement (QIP) issue of equity shares on June 16, with the floor price fixed at ₹771.73 per share. The company's subsidiary, Kalyani Strategic Systems (KSSL), along with Paramount, unveiled the Simha 4x4—a next-generation light armoured multi-purpose vehicle—at Eurosatory 2026. Meanwhile, the Securities and Exchange Board of India (SEBI) has disposed of adjudication proceedings against Prime Focus after concluding that alleged violations related to the company's accounting treatment of two business transfer transactions were not established.
In significant bulk and block deals, Polunin Capital Partners-managed Polunin Emerging Markets Small Cap Fund acquired 19.2 lakh shares of Sonata Software for ₹56.7 crore at a price of ₹295.12 per share. Utkal Speciality Industries India is also in focus as an SME listing. Additionally, Cyient stock trades ex-date for buyback, while Brigade Enterprises stock trades ex-date for bonus. Kaynes Technology India remains in F&O ban. Corona Remedies shares gained 3 percent after a large block deal involving 44.9 lakh shares worth nearly ₹777 crore was executed in the block deal window, attracting significant investor attention.
The government's stake sale in General Insurance Corporation of India (GIC Re) saw strong investor demand, with the OFS subscribed 3.72 times on day one, leading to full exercise of the greenshoe option and raising the total divestment to about ₹3,088 crore. This follows a series of successful disinvestment OFSs in Coal India, NHPC, Central Bank of India and NLC India, all of which saw strong investor participation. The success demonstrates continued investor confidence in government divestment programs.
The Securities and Exchange Board of India (SEBI) has disposed of adjudication proceedings against Prime Focus after concluding that alleged violations related to the company's accounting treatment of two business transfer transactions were not established. The case stemmed from a show-cause notice issued in December 2023 over slump-sale transactions in FY20 and FY22, where the company had transferred business divisions to subsidiaries and booked gains in its standalone financials. Prime Focus shares surged 5 percent following the regulatory relief, while the regulator closed adjudication proceedings against the company, its promoters, directors, CFO, and audit committee members.
