Shares are expected to remain in focus on Friday, September 25, as the domestic stock market is projected to open lower, with GIFT NIFTY futures indicating the NIFTY50 index will open 21 points lower. PB Fintech has highlighted the consultation paper as “quite extreme” during an analyst call following Thursday’s sell‑off, warning that it could seriously impact revenue from its general insurance business while noting the net present value of its life insurance business would not see a significant impact. The company also raised concerns over proposed commission levels for distributors, arguing larger agents may not find it lucrative to sell insurance at the proposed rates, stating “If distribution was the engine, taking it out won’t make the car lighter and faster.”

Sedemac Mechatronics saw five entities, including Nandan Nilekani’s NRJN Family Trust, offload a combined 11.05% stake for ₹1,468.83 crore through block deals on Thursday. The entities sold 48.79 lakh shares at an average price of ₹3,010 apiece. NRJN Family Trust, Mace Pvt Ltd, A91 Emerging Fund II LLP and Xponentia Capital Partners together sold 44.74 lakh shares, while HDFC Life Insurance Company offloaded 4.04 lakh shares. Domestic and foreign institutional investors bought an equal number of shares at the same price, with buyers including mutual funds managed by SBI, Invesco, Franklin Templeton, Axis, Aditya Birla Sun Life and ICICI Prudential, and HDFC Life also purchased nearly 4.02 lakh shares.

R R Kabel’s board approved the acquisition of U M Cables, a wholly owned subsidiary of Usha Martin, for ₹77 crore, marking its entry into the optical fibre cable segment and expanding its presence in the communication cable business. U M Cables reported a turnover of ₹78.19 crore in FY26. The transaction, through a slump sale, is expected to be completed within 60 days of signing the Business Transfer Agreement, subject to customary conditions. Mahindra & Mahindra Financial Services’ board considered and approved raising funds up to ₹2,000 crore through the issuance of non‑convertible debentures (NCDs).

Sterlite Technologies Ltd strengthened its Neuralis portfolio with the launch of pre‑terminated fiber trunk assemblies to power hyperscale data centers. Dr Lal PathLabs Ltd approved a 70% stake acquisition in Gujarat‑based SN Genelab for about ₹168 crore, including a performance‑linked earn‑out capped at ₹31.5 crore, making SN Genelab a subsidiary and aiming to strengthen the company’s expertise in genomics and broaden its portfolio of advanced diagnostic services. Genesys International secured a ₹283 crore World Bank‑funded contract to develop a 3D Digital Twin and Spatial Intelligence platform for Ahmedabad, covering around 625 sq km and digitally mapping nearly 25 lakh properties and key civic infrastructure over two‑and‑a‑half years.

Wheels India opened its qualified institutional placement (QIP) on Thursday to raise funds from eligible institutional investors, fixing the floor price at ₹2,197.10 per equity share with an option to offer a discount of up to 5%. The issue price is scheduled to be decided on September 25. Waaree Energies announced its foray into the speciality gases business through a wholly‑owned subsidiary, Waaree Clean Energy Solutions (WCES), aiming to become a one‑stop supplier to semiconductor and solar cell manufacturers. WCES is building a speciality gases plant at Dahej in Gujarat to reduce the supply gap caused by the import‑heavy market.

IDFC FIRST Bank completed integration of its payment gateway for the Central Board of Direct Taxes (CBDT), enabling taxpayers across India to pay direct taxes through multiple digital and physical channels, including UPI, internet banking, debit cards or credit cards. Inox Green Energy Services Ltd launched a qualified institutional placement (QIP) issue at a floor price of ₹174.36 per equity share, with a possible discount of not more than 5%. SAIL aims to meet its 35 million tonne capacity target by FY31, focusing on expanding crude steel capacity to 35 MTPA by FY 2030‑31, supported by green capacity creation, low‑carbon technologies, digital enablement, enhanced customer engagement, increased share‑added and special steels, and deeper integration with retail and MSME ecosystems. Sanofi Healthcare India bought nearly a 15.2% stake in Sanofi India for ₹1,068 crore through an open market transaction, purchasing 35 lakh shares at an average price of ₹3,052 apiece, while Hoechst GmbH sold an equal number of shares at the same price.