ASIANPAINT

### Stocks in News **

** – Asian Paints received a **credit rating upgrade** from India Ratings & Research, reflecting improved credit profile and stronger financial strength. *(Positive)* ** ** – Jubilant FoodWorks revoked **€116 million** of corporate guarantees extended to its Netherlands-based subsidiary, simplifying its guarantee structure with no material operational impact. *(Neutral)* ** ** – Zydus Wellness incorporated a **wholly owned subsidiary, Zydus Wellness Trading L.L.C., in Dubai** with an initial capital of **AED 300,000**. The entity will support the company's international expansion, though commercial operations are yet to commence. *(Positive)* ** !JSFB ** – Jana Small Finance Bank allotted **88.43 lakh convertible warrants** to institutional and other investors, strengthening its capital base to support future business growth. *(Positive)* ** !MGLOBAL ** – Mangalam Global opened a new **"NEAT EVERYDAY"** wellness kiosk at **Nexus Mall, Ahmedabad**, expanding its retail footprint and consumer reach. *(Positive)*