PRE-MARKET INDIAN STOCKS NEWS: Reliance Industries Ltd (RIL IS) step-down wholly owned unit Reliance Enterprise Intelligence allotted 8.53bln shares to Reliance Intelligence and Facebook, resulting in 70% and 30% ownership stakes, respectively.

Adani Ports and Special Economic Zone Ltd (ADSEZ IS) - Co. released early results of its cash tender offers to buy back up to USD 495.1mln of overseas bonds, with USD 196.94mln submitted by holders by the early deadline. (Economic Times)

Indian Railway Finance Corporation Ltd (IRFC IS) - India's government will not use the oversubscription option for its ongoing OFS after the issue did not achieve full subscription on day one. (Economic Times)

Lupin Ltd (LPC IS) - Co. said Maharashtra’s GST authorities have begun inspection and search actions at its registered office, adding the process has no effect on operations or financials. (Economic Times)

Reliance Industries Ltd (RIL IS) - Co. step-down wholly owned unit Reliance Enterprise Intelligence allotted 8.53bln shares to Reliance Intelligence and Facebook, resulting in 70% and 30% ownership stakes, respectively. (Economic Times)