Stocks in news today : 30 June 2025

(RVNL) has emerged as the lowest bidder (L1) from South Central Railway for Design, Supply, Erection, Testing and Commissioning for OHE upgradation of existing 1X25Kv system to 2X25Kv at feeding system with feeder and earthing works in DuvvadaRajahmundry & Samalkot- Kakinada Port section of Vijaywada Division under South Central Railway, total 195.5 RKM/391 TKM. Cost of work is Rs 213.22 crore. The said order is expected to be completed in 24 months. has acquired the balance 40% of the equity share capital of White Teak for a consideration of Rs 188 crore from the promoters of White Teak. Accordingly, the company now holds 100% of equity share capital of White Teak, by virtue of which White Teak has become a wholly owned subsidiary of the company. The acquisition of the remaining stake in White Teak would be a next step forward in the company’s foray of being a complete home decor solution provider and in accordance with the Definitive Agreements entered into by the company with White Teak and the promoters of White Teak. has received approval for acquisition of 7,44,81,519 equity shares, representing 46.39% of the equity share capital of J.B. Chemicals & Pharmaceuticals on a fully diluted basis, from Tau Investment Holdings Pte, the promoter of the J.B. Chemicals & Pharmaceuticals for cash consideration, at a price of Rs 1,600 per equity share, aggregating to a total consideration of around Rs 11,917 crore. For this purpose, a share purchase agreement has been executed between the company, Promoter Seller and the J.B. Chemicals & Pharmaceuticals. The board of directors of the company in their meeting held on June 29, 2025, has approved the same.