Market Preview, June 12, 2026: Lenskart Block Deal, Vedanta Demerger Listings, Dabur FDA Notice, Happiest Minds AI Launch, Adani Data Centre Acquisition to Keep Indian Investors Busy on Friday

Mumbai, June 12: Investors in India will be tracking Lenskart shares on Friday after offloaded shares worth ₹1,960 crore at a higher price. The buyers included Kotak Mahindra Mutual Fund, National Pension System Trust and Canara Robeco Mutual Fund among others. Vedanta shares will be tracked as the four companies after demerger will make their debut on BSE and NSE on June 15. Here’s what you should track. 

Lenskart 

Lenskart Solutions saw a major block deal on Thursday as Platinum Jasmine A 2018 Trust — an investment vehicle of the Abu Dhabi Investment Authority — offloaded 4 crore shares worth ₹1,960 crore on the NSE at ₹508.50 apiece, even as the offer had a floor price of ₹486 per share, reflecting a discount to the stock’s previous close of ₹500.15. The buyers were a broad roster of institutional names: Kotak Mahindra Mutual Fund acquired 1.2 crore shares worth ₹591 crore, the National Pension System Trust picked up 50.6 lakh shares valued at ₹248 crore, and Canara Robeco Mutual Fund bought 32 lakh shares worth ₹158 crore, with Franklin Templeton Mutual Fund, Mirae Asset Mutual Fund, and HDFC Life Insurance also participating. The transaction, arranged by IIFL Capital Services as sole placement agent, was a vendor sale — meaning Lenskart as a company received no proceeds, with the entire ₹1,960 crore going to the selling shareholder. The deal is significant as Lenskart’s six-month post-listing lock-in period expired on May 8, 2026, releasing approximately 104.7 crore shares representing about 60% of the company’s total equity, with this block deal marking one of the first major institutional exits following that unlock. 

Vedanta 

Four demerged entities of Vedanta Limited — Vedanta Aluminium Metal Ltd (VAML), Vedanta Power Ltd (VEDPOWER), Vedanta Iron and Steel Ltd (VISL), and Vedanta Oil and Gas Ltd (VOGL) — are set to debut on both the NSE and BSE on June 15, marking a significant milestone in the Vedanta group’s ongoing restructuring exercise. The listings are part of Chairman Anil Agarwal’s strategy to unlock shareholder value by separating Vedanta’s diverse commodity businesses into focused, independently listed entities, allowing the market to assign distinct valuations to each vertical. The companies will participate in a special pre-open session before regular trading commences, and investors should monitor price discovery closely as the market applies sector-specific multiples to each newly listed entity for the first time. 

Dabur 

Dabur India’s manufacturing plant at Silvassa, Dadra and Nagar Haveli, was inspected by the US Food and Drug Administration, which identified certain deficiencies related to data integrity and maintenance lapses at the facility. Following the inspection, the company received inspectional observations and submitted appropriate responses to the US FDA, though the resolution timeline and the agency’s assessment of those responses remains pending. For a company with meaningful exposure to the US pharma and OTC export market, an FDA inspection finding — even at the observation stage — warrants close monitoring, as the outcome could affect the plant’s ability to supply regulated markets if the regulator escalates its classification of the deficiencies. 

Happiest Minds Technologies 

Happiest Minds Technologies has announced the launch of Rel(AI)Build, its proprietary agentic AI development platform, alongside the Agentic Development Lifecycle (ADLC) — a structured and governed methodology designed to integrate artificial intelligence across the entire software development lifecycle. The dual launch positions Happiest Minds as an early mover in the fast-evolving agentic AI space, where enterprise demand for autonomous, multi-step AI systems capable of executing complex development workflows is beginning to translate into commercial contracts. The company’s move reflects a broader trend among mid-tier Indian IT firms to differentiate on AI-native service offerings rather than compete on traditional headcount-driven delivery models, and investor attention on Monday will likely focus on any early pipeline signals or client adoption commentary that management attaches to the announcement. 

Adani Enterprises 

AdaniConneX, the joint venture between Adani Enterprises and EdgeConneX focused on hyperscale data centre development in India, has acquired 100% equity in Madhuvanti Build Estate (MBEL) from Adani Infra (India), in a move that consolidates land and infrastructure assets within the data centre joint venture. The acquisition is consistent with Adani’s strategy of building a vertically integrated data centre platform — controlling real estate, power, and connectivity — to compete for the accelerating wave of hyperscale demand from cloud providers and large enterprise customers in India. With AI-driven infrastructure spending reshaping the global data centre investment landscape, any intra-group consolidation that streamlines AdaniConneX’s asset base and balance sheet will be watched for its implications on the JV’s capacity expansion timeline. 

Source

• bseindia.com
• nseindia.com