Stocks To Watch Today: IndusInd Bank, Godrej Properties, JSW Energy, L&T, Power Grid, RIL

IndusInd Bank Ltd., Larsen & Toubro Ltd., Godrej Properties Ltd., and Power Grid Corp. will be among the stocks to watch before going into trade on Monday.

• IndusInd Bank: The bank's board will need to find replacements for Chief Executive Officer Sumant Kathpalia by October, according to two sources cited by NDTV Profit.

• L&T: The company has approved a long-term borrowing of up to Rs 12,000 crore via external commercial borrowings, or other means.

• Godrej Properties: The company acquired acquired approximately 10 acres of land in Yelahanka, Bengaluru, with the revenue potential of Rs 2,500 crore.

• Power Grid Corp: The company has acquired Chitradurga Bellary REZ Transmission after being selected as the successful bidder under the tariff-based competitive bidding.

• Samvardhana Motherson International: The company will make an investment of Rs 200 crore in its arm CIM Tools.

• Reliance Industries: The company's arm Nauyaan Tradings completed the acquisition of 74% stake in Nauyaan Shipyard for Rs 383 crore.

• Salasar Techno Engineering: To review the proposed merger of EMC with the company on March 26.

• Indian Hume Pipe: The company has completed the sale of nearly 10-acre land In Bengaluru for Rs 559 crore to arm Godrej SSPDL Green Acres.

• JSW Energy: Ashok Ramachandran to resign as director due to personal reasons.

• Ircon International: Conarch Associates has filed a Rs 159-crore claim against the company in an arbitral tribunal, relating to the Jaynagar-Bardibas Railway Project in Nepal.