Several stocks may draw attention on Thursday, 27 August, as companies have reported new orders, block deals, regulatory developments and management changes. BEL, ICICI Prudential AMC, RVNL, Max Healthcare and other companies feature among the stocks with fresh corporate updates.

New orders and business developments

Bharat Electronics Limited has received new orders worth about ₹730 crore over the past 16 days. According to the company, the orders cover various defence and electronics products and systems. The update could keep BEL shares in focus during Thursday’s trading session.

GK Energy has received a Letter of Empanelment, or LoE, for installing grid-connected rooftop solar PV systems and providing their Operations and Maintenance. The contract value is ₹454.5 crore. The LoE indicates that the company has been included on the panel for the work.

The board of IRB Infra has approved an investment of ₹351 crore in IRB InvIT Fund. The company may purchase about 5.4 crore additional units of IRB InvIT at ₹65 per unit. IRB Infra said the investment will help IRB InvIT Fund acquire two Project SPVs.

Block deals and proposed stake sales

A large block deal may take place in ICICI Asset Management Company on Thursday. The proposed transaction could involve the sale of a stake valued at about ₹2,964 crore to ₹3,122 crore. The development may lead to movement in the company’s shares when the market opens.

Foseco India could also see a block deal. Morganite Crucible and Morgan Terrassen BV may sell their combined stake of about 15.27% in the company. The transaction could be worth up to ₹664.4 crore.

Aye Finance reported a block-deal update after the market closed. Alpha Wave India I LP may sell about 7.8% of the company for a total value of up to ₹320.4 crore.

Rubicon saw a large block deal on Wednesday. General Atlantic Singapore sold 1.3 crore shares, representing about 7.9% of the company’s equity. The transaction was valued at about ₹2,160 crore.

DMart was also involved in a block deal. American Funds Ins Series GGI Fund sold about 67.6 lakh shares for approximately ₹2,537.13 crore.

In Welspun Corp, Welspun Investment & Commercials and Vipul Mathur sold about 63 lakh shares. The shares were valued at approximately ₹1,433 crore. Euro Pacific Growth Fund, New World Fund and Capital Group Europacific Growth Trust were among the investors that bought shares.

PhysicsWallah reported another sizeable block transaction on Wednesday. Lightspeed Opportunity Fund sold 4.7 crore shares, equivalent to about 1.6% of the company’s equity. The deal was valued at approximately ₹550 crore.

Regulatory and tax-related updates

Rail Vikas Nigam Limited has faced action and a penalty from the exchange. The reported penalty is considerably smaller than the company’s business scale and its ₹46,000 crore market capitalisation. The update is therefore not expected to have a major direct effect on earnings, although it may influence RVNL shares.

Max Healthcare received a tax demand order of ₹165.7 crore from the Directorate General of Goods & Services Tax Intelligence, Mumbai. The total amount includes a penalty of ₹110.5 crore. The development may keep the company’s shares active on Thursday.

Management and corporate clarifications

The Reserve Bank of India has approved a further three-month extension for Ketan Merchant as Interim CEO of Fino Payments Bank. The announcement came after the market closed on Wednesday and may lead to activity in the company’s shares.

Jio Financial Services said Hitesh Kumar Sethia has been reappointed as Managing Director and Chief Executive Officer for a five-year term. His new tenure will begin on 15 November 2026, after the current term ends.

Vedanta Resources has rejected media reports about a possible stake sale. The company said it currently has no plan to sell a stake in Vedanta Ltd or Vedanta Aluminium. It said its focus remains on growth, unlocking value through the division of the business into five parts, growth capex and reducing debt.