Stocks to Watch, November 27: Asian Paints, Paytm, Whirlpool India, Oberoi Realty, Studds Accessories, M&M, Leela Palaces

The filing read, "The Reserve Bank of India ('RBI') on November 26, 2025, has granted a Certificate of Authorisation ('COA') to Paytm Payments Services Limited (PPSL), a wholly-owned subsidiary of One 97 Communications Limited ('the Company'), to operate as a Payment Aggregator under the Payment and Settlement Systems Act, 2007."

It must be noted that this is the final approval from the RBI.

In August 2025, Paytm Payments Services received the 'in-principle' approval from the RBI to operate as an online payment aggregator.

Indian Continent Investment Ltd (ICIL) is one of the promoter entities in city-based Bharti Airtel.

According to a regulatory filing, "The transaction attracted strong interest, receiving robust orders from marquee domestic and international long-only investors. Both new and existing shareholders of Airtel participated, with the placements majorly allocated to long-only investors."

This comes after the company said that its subsidiary, Berger Paints Emirates Ltd, has proposed to set up its second paint manufacturing facility in the United Arab Emirates (UAE) with an investment of approximately ₹340 crore (or AED 140 million).

More specifically, Berger Paints Emirates Ltd Co, UAE, is a step-down subsidiary of Asian Paints International Private Limited, Singapore, which is a wholly owned subsidiary of Asian Paints.

The company reported a consolidated net profit of ₹20.6 crore in the quarter under review, reflecting a jump of 17.9% from ₹17.5 crore a year back.

Revenue from operations climbed 6.5% to ₹154.4 crore in the latest September quarter as against ₹145 crore in the corresponding period of the previous fiscal year.

The firm's board also approved establishing a new warehouse in Spain to bolster European distribution and support levels.

The floor price for the transaction has been fixed at ₹1,030 per share, reflecting a discount of 14% to the market price. The total deal size is estimated at ₹965 crore, according to sources.

Post this sale, the promoter will be subject to a 90-day lock-up period during which no further shares can be sold.

R Velusamy, President - Automotive Business, Mahindra & Mahindra Ltd. and Managing Director, Mahindra Electric Automobile Ltd., said, “Our customers conveyed a compelling message: the BE 6 doesn’t just look futuristic, but it also evokes the sensation of being in a racing cockpit once they step inside. They love that it screams electric, unapologetically. We built the Formula E Edition by listening to that energy. Racing is no longer a niche in India; it’s becoming a lifestyle statement. With this edition, we’ve channelled that cultural shift into a machine that celebrates electric performance the Mahindra way – bold, emotional, and proudly made in India.”

The company’s entitlement of free sale component from the project is presently estimated to be around 1.18 lakh square feet (RERA carpet area), subject to the provisions of Development Control & Promotion Regulations for Greater Mumbai, 2034, and applicable law.

The company said that "on November 24, 2025, it successfully allotted, on a preferential basis 51,03,765 equity shares of face value ₹5 each, at an issue price of ₹915 per equity share (including a premium of ₹910 per equity share), aggregating to ₹466.99 crore, for cash consideration, as approved earlier by the Board of Directors in its meeting held on October 16, 2025, and subsequently by the members at their extraordinary general meeting (EGM) held on November 12, 2025."

This property will have an overall development potential of about 1.2 million sq ft, comprising the World Trade Center Trivandrum with Grade A office space along with a five-star hotel of over 200 keys.