Market Preview, June 15, 2026: Reliance AGM, Vedanta Demerger Listings, JSW Energy Acquisition, ONGC NCD Issue and Meesho Acquisition to Keep Indian Investors Busy on Monday

Mumbai, June 15: Indian investors on Monday will be tracking share market which is set to open positive after US-Iran declared end of war. Reliance AGM which is scheduled for June 19 will be keenly tracked while listing of Vedanta companies after demerger is another event to watch out for today. Here’s what you should track. 

Reliance Industries — 49th AGM on June 19 

Reliance Industries Limited (NSE: RELIANCE) will hold its 49th Annual General Meeting on Friday, June 19, — and the event is expected to be one of the most closely watched AGMs in the conglomerate’s recent history. Investors and analysts are primarily focused on concrete timelines and valuation clarity regarding the highly anticipated public listing of Reliance Jio, which has been among the most awaited IPOs in Indian capital market history. The board has also recommended a dividend of ₹6 per equity share for FY26, which awaits shareholder ratification at the meeting — a modest but consistent return to shareholders of a company that reported annual revenues exceeding ₹11.75 lakh crore in FY26. Beyond the Jio listing question, the AGM is expected to carry strategic updates on Reliance’s green energy ecosystem and the expanding role of artificial intelligence across its retail, telecom, and oil-to-chemicals businesses — making it a multi-vertical event that goes well beyond a routine annual disclosure exercise. 

Vedanta — VAML, VOGL, VEDPOWER, VISL List Today 

Shares of mining-to-metals major Vedanta Ltd (NSE: VEDL) will remain in sharp focus on Monday as four of its demerged businesses begin trading on Indian stock exchanges for the first time. The four entities making their market debut are Vedanta Aluminium Metal Ltd (NSE: VAML), Vedanta Oil & Gas Ltd (NSE: VOGL), Vedanta Power Ltd (NSE: VEDPOWER), and Vedanta Iron & Steel Ltd (NSE: VISL) — each now an independently listed entity following the completion of a demerger process that was first announced in 2023. The listing will allow investors to separately value some of Vedanta Group’s largest businesses, a move that the company believes will unlock shareholder value and provide greater operational focus across verticals — the residual Vedanta Ltd being the fifth standalone listed entity created through this restructuring. The companies will participate in a special pre-open session before regular trading commences, and price discovery in each counter will be closely watched as the market applies sector-specific multiples to these newly listed entities for the first time. 

JSW Energy Acquires MCCPL for ₹1,410 Crore 

JSW Energy (NSE: JSWENERGY) announced on Saturday that it has signed a definitive agreement to acquire a 100% equity stake in Maruti Clean Coal and Power Ltd (MCCPL) for an enterprise value of ₹1,410 crore — adding another thermal power asset to its expanding generation portfolio. MCCPL owns and operates a 300 MW thermal power plant at Korba, Chhattisgarh, with a long-term power purchase agreement for 195 MW with Rajasthan discoms through PTC India, carrying approximately 14 years of residual tenure — providing a stable, contracted revenue stream that underpins the acquisition rationale. The plant also supplies 5% of its output to the Chhattisgarh discom at variable cost while selling remaining capacity in the merchant market, with coal supply secured through a long-term fuel supply agreement with South Eastern Coalfields Ltd and allocations under the SHAKTI scheme. The deal reflects JSW Energy’s continued appetite for inorganic capacity addition and will be watched for its impact on the company’s consolidated debt profile and generation capacity targets. 

ONGC Subsidiary to Raise ₹4,471 Crore via NCDs 

State-owned Oil and Natural Gas Corporation (NSE: ONGC) announced on Friday, June 12, that its subsidiary ONGC Petro additions Ltd has approved a plan to raise up to ₹4,471 crore through a private placement of non-convertible debentures — a significant debt mobilisation exercise by one of the country’s largest petrochemical subsidiaries. The NCD issue will be watched for its pricing and investor appetite, particularly in the context of the sharp fall in global crude oil prices following the U.S.-Iran peace deal announced on Sunday, which has reset the macro backdrop for India’s state-owned oil and gas companies. For ONGC’s upstream business specifically, the Strait of Hormuz reopening and the subsequent slide in Brent crude toward $83 is a near-term earnings headwind — the stock is likely to face pressure as lower realisation rates compress upstream margins even as the broader market rallies on the geopolitical de-escalation. 

Meesho Acquires Kirana Club and Retail Pulse for ₹202 Crore 

E-commerce platform Meesho (NSE: MEESHO) has announced the acquisition of Kirana Club Pte. Ltd and Retail Pulse Labs Private Ltd for a total consideration of ₹202.08 crore, in a move aligned with its strategy to strengthen its footprint in India’s digital commerce and retail intelligence landscape. Kirana Club and Retail Pulse are understood to bring data analytics and retail distribution intelligence capabilities that complement Meesho’s existing focus on value-commerce and tier-2 and tier-3 city penetration — segments that have been the company’s primary growth engine. Meesho, which counts SoftBank and Meta among its investors, is not yet listed on Indian exchanges, but the acquisition will be watched by market participants tracking the broader consumer internet and quick commerce ecosystem, where data and supply chain intelligence have become key competitive differentiators. 

Source

• bseindia.com
• nseindia.com
• Company press releases | June 15, 2026.