PNB fraud alert, Coforge’s $2.35 billion Encora deal and MCX split: India stocks to watch Monday
Punjab National Bank reported a 24.34 billion rupee loan fraud involving former promoters of two SREI Group firms. Coforge announced a $2.35 billion deal to acquire AI firm Encora, with combined annual revenue projected at $2.5 billion. A-1 Ltd will trade ex-bonus Dec. 31, issuing three bonus shares per share held, and shifted its stock split record date to Jan. 8, 2026.