Platinum Jasmine A 2018 Trust is set to sell up to 3 crore equity shares, representing a 1.7 percent stake in Lenskart, through a block deal valued at ₹2,047.4 crore with a floor price of ₹682.45 per share. According to reports from CNBC-TV18, the trust currently holds a 9.77 percent stake in the company as of June 2026. Meanwhile, HDFC Mutual Fund acquired 13.9 lakh shares (3.19 percent stake) in Entero Healthcare Solutions for ₹235.6 crore at ₹1,695 per share, while Vanguard Group purchased 7.02 lakh shares (1.05 percent stake) in Avalon Technologies for ₹177.45 crore at ₹2,527.69 per share.
Block deals worth over ₹2,700 crore were executed across seven stocks on Wednesday, September 23, involving stakes ranging from 0.84% to 2.6% in respective companies. Meesho saw the largest deal at ₹900 crore (3.86 crore shares at ₹233 per share), followed by Escorts Kubota at ₹453 crore (16.22 lakh shares at ₹2,794 per share) and Welspun Living at ₹526 crore (2.44 crore shares at ₹215 per share). Texmaco Infrastructure traded at ₹147 crore (1.28 crore shares at ₹115.02), Allied Blenders at ₹191 crore (29.2 lakh shares at ₹653), Optiemus Infracom at ₹136 crore (15.85 lakh shares at ₹845), and Molbio Diagnostics at ₹366 crore (27.81 lakh shares at ₹1,315). Buyers in these transactions are not officially known yet.
Rail Vikas Nigam has secured a Letter of Acceptance (LOA) for a project worth ₹404.88 crore from East Coast Railway, while the company's subsidiary Welspun Michigan Engineers has bagged two sewer rehabilitation projects worth ₹351.24 crore from the Ahmedabad Municipal Corporation, both funded by the World Bank. The Western Ahmedabad project, valued at ₹229.48 crore, involves comprehensive rehabilitation of the main trunk sewer line extending from Gota Lake to the 285 MLD TSPS, specifically covering the stretch from Iskcon Char Rasta to 285 MLD TSPS. The second project, valued at ₹121.76 crore, focuses on Eastern Ahmedabad covering rehabilitation of existing sewer lines across key urban stretches. Refex Industries has secured a contract worth ₹160 crore for lifting 10 lakh metric tonnes of pond ash and fly ash under the RCR mode from a public sector undertaking in Madhya Pradesh. Additionally, Knowledge Marine & Engineering Works has secured its third Green Tug contract worth ₹279.33 crore from the Mumbai Port Authority for a tenure of 15 years.
Hy-Tech Engineers reported strong Q1 performance with profit growing 10.9% to ₹4.6 crore versus ₹4.14 crore in the previous year, while revenue jumped 13.4% to ₹43.04 crore versus ₹38 crore. According to reports from CNBC-TV18, Augmont Enterprises, Lumino Industries, Symbiotec Pharmalab, and Elitecon International are scheduled to announce their quarterly earnings today. Nibe Group has signed an MoU with France's Naval Group to establish cooperation in naval technologies, while Manipal Health Enterprises has fully redeemed outstanding NCDs worth ₹5,310 crore using IPO proceeds.
The Board of Directors has approved a proposal to raise ₹500 crore in FY27 through various securities, with funds potentially used for growth initiatives and working capital requirements. Nibe Group has signed an MoU with National Shipbuilding & Heavy Industries Park Andhra Pradesh to participate as the Anchor Shipyard in the proposed Greenfield Shipbuilding Industrial Cluster at Dugarajapatnam, envisaging annual shipbuilding capacity of at least 1.2 million gross tonnes. Manika Plastech is set to list on the mainboard today, while Injecto Polymers and Century Business Media are scheduled for SME listing. Multiple companies including Bharat Dynamics, Dixon Technologies, and Container Corporation of India are trading ex-dividend today.
Prime Industries Ltd. has successfully completed a ₹11.86 crore fundraise through a preferential issue, resulting in the acquisition of a 10% stake by Dr. Uday Narang. Dr. Uday Narang, promoter of OBSC Perfection Limited and founder of Omega Seiki Mobility, brings extensive experience in precision engineering and manufacturing with capabilities spanning machining, forging, casting, fabrication and assembly. The company is developing an active presence across specialised engineering, advanced manufacturing and new-age technology-led businesses through equity stakes in Kay Bouvet Engineering Limited and Linga Agri Trading and Machinery Private Limited. Shares of Prime Industries Ltd. were trading at ₹59.75 on BSE compared to the previous close of ₹56.91, with a net turnover of ₹232,248.
Spectrum Electrical Industries Limited has announced that its Board of Directors approved the temporary interim investment of ₹287.5 crore in unutilized preferential issue proceeds during a board meeting held on September 20, 2026. The company plans to deploy these funds into low-risk, short-term instruments including money market instruments, liquid funds, overnight funds, and fixed deposits with scheduled commercial banks. According to the company, this deployment is strictly an interim treasury arrangement that will be realized progressively as capital is required for the original stated objects of the preferential issue. Shares of Spectrum Electrical Industries were trading at ₹3,078.75 on BSE compared to the previous close of ₹2,988.20, with a net turnover of ₹588,525.
