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Prachi Mehta

29th Jul 2025 · SEBI-Registered Analyst

Stocks in news today

!Oil and Natural Gas Corporation (!ONGC), in partnership with BP Exploration (Alpha) and Reliance Industries (RIL), has formally signed a Joint Operating Agreement (JOA) for offshore exploration of Block GS-OSHP-2022/2, awarded under the Open Acreage Licensing Policy (OALP) Bid Round-IX. The agreement was signed on July 28, 2025 at ONGC’s Deendayal Urja Bhavan, Vasant Kunj, New Delhi. The block, located off the western coast in the Saurashtra Basin, spans an area of approximately 5,454 square kilometres and is classified under Category-II basins. The consortium, with ONGC designated as the Operator, is set to undertake exploratory activities aimed at assessing and harnessing the hydrocarbon potential of the region. Thaletec GmbH, a Wholly Owned Subsidiary of HLE Glascoat, has acquired 100% of the equity share capital of HLE Surface Technologies GmbH (formerly known as Blitz F25-14 GmbH) on July 28, 2025. Consequent to this acquisition, it has become a Wholly Owned Step-Down Subsidiary of the Company.

ABCAPITAL
has allotted 147 Unsecured Redeemable, Rated, Listed, Non-Convertible Perpetual Debentures having a face value of Rs 1,00,00,000 per Debenture aggregating to Rs 147 crore on private placement basis, to the identified investor, on July 28, 2025. !Asian Hotels (North) has received approval for the incorporation of a Wholly owned Subsidiary Company as a Private Limited Company for dealing in the real estate activities. The company proposes to incorporate a wholly owned subsidiary company, wherein its entity will hold 100% equity stake, with the primary objective of expanding and diversifying its business operations in the real estate sector. The Board of Directors of the Company, at its meeting held on July 28, 2025, has inter alia, approved the same.

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