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6 min read | Updated on August 26, 2025, 08:30 IST
SUMMARY
Stocks to Watch: Shares of public sector banks (PSBs) such as Central Bank of India, Indian Overseas Bank, Punjab & Sind Bank, and UCO Bank will be in focus on Tuesday, August 26, as, according to news reports, the government has enlisted Goldman Sachs as the transaction advisor for divesting its stake in the four state-owned lenders.
The GIFT NIFTY futures suggest the NIFTY50 index will open 62 points lower. | Image: Shutterstock
The Centre currently holds more than 90% in each of the four banks.
The stock will be on investors' radar today, as the IT company has received an order worth ₹1,160 crore from UIDAI to establish and operate district-level Aadhaar Seva Kendra, the company said in a regulatory filing.
The contract is spread over a period of six years.
According to a CareEdge Ratings statement on ratings assigned to bank facilities of the company, as of June 30, Adani Green Energy Ltd (AGEL) had an operational portfolio of 15.8 GWAC, comprising 70% solar, 13% wind, and 17% hybrid assets.
In addition, the company has an under-construction portfolio of 15.1 GWAC, targeted for development in the next 4-5 years, the agency said.
AGEL's strong execution track record is demonstrated by its rapid scale-up of operations in recent years and its ability to develop projects in challenging locations, such as Khavda, Gujarat, where it currently operates 5.6 GWAC.
One more round of share sales will help the bank with both capital adequacy and a lower government stake, Saxena told reporters on the sidelines of FIBAC 2025, organised by FICCI and the Indian Banks Association.
The finance ministry has asked five public-sector banks to increase the public shareholding limit to 25% by August 1, 2026.
This is in line with the Securities Contract (Regulation) Rules issued by the Securities and Exchange Board of India, which mandate that all listed companies, including those in the public sector, must have a minimum public shareholding of 25%.
This includes a clinkerisation unit of 4 MnTPA and cement grinding of 3 MnTPA at Jaisalmer, Rajasthan, and two split grinding units, each of 2 MnTPA capacity, in Rajasthan and in Punjab, according to a regulatory filing from the JK Organisation group firm.
"The total proposed investment for the expansion is estimated at ₹4,805 crore," it added.
Earlier this year, JK Cement had completed the acquisition of a majority stake in Jammu & Kashmir-based Saifco Cements.
The board of Titan has approved Chhatwal's appointment, Titan informed in a regulatory filing.
"Based on the nomination received from Tata Sons, co-promoter of the company, the Board vide Circular Resolution dated 22nd August 2025, which was duly approved by the requisite majority on 25th August 2025, approved the appointment of Puneet Chhatwal as an Additional Director on the Board of the Company with effect from 28th August 2025," it said.
The rebrand marks a strategic shift into key growth sectors, including manufacturing, defence, energy, and real estate, the company said.
The new corporate identity includes a redesigned logo – a stylised swan in upward motion, the company said, and added that the unifying brand will be adopted across all business verticals to reinforce Swan Corp's integrated vision and market presence.
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