Large cap
Astral drops unified-brand strategy, CPVC plant on track for Q1 FY27
Management reverses earlier stance, now says 'Astral Chemi' must stand alone. Paints to turn EBITDA positive this fiscal, UK adhesives to double EBITDA from ₹15 cr baseline.
Netweb board to meet July 1 for fundraising
The board will consider raising up to ₹1,200 crore via equity, QIP, or rights. No details on instrument or pricing yet.
Waaree Energies clears US probe: no Chinese cells, no adverse findings
US Customs found no evidence of Chinese-origin cells in Waaree's solar modules, limiting its determination to a narrow subset of historical entries. The company says the clarification has no impact on its U.S. operations or financials.
NLC India locks in state partner for 1,000 MW Odisha green push
A JV with OREDA opens a new clean-energy avenue for the coal-heavy PSU, but the deal is still subject to feasibility studies and multiple approvals.
Apar Industries board to weigh fundraise after ₹1,500 cr capex plan
The board meets June 30 to consider equity-linked instruments including QIP and rights issue. No quantum disclosed yet, but the timing follows a record year and a big capex announcement.
Tata Elxsi's NEURON platform delivers 60–70% cost cuts for Sky
The AI-led network transformation with the European telecom giant validates Tata Elxsi's autonomous network capabilities, but revenue impact remains undisclosed.
BDL lands ₹1,347.71 cr order from HAL for missile systems
The defence PSU's contract, over 55% of FY26 revenue, provides multi-year visibility and is its biggest single order in recent memory.
Endurance sells tiny Italian software arm for up to €7.5M
Veicoli Srl contributed just 0.22% of consolidated revenue; deal maxes out at about ₹70 crore. A strategic tidy-up, not a needle-mover.
JK Cement wins a limestone block, keeps the numbers quiet
The Gilund block in Chittorgarh spans 370.96 hectares. No bid price, no reserve estimate, no timeline. It's a strategic placeholder.
Hindustan Copper gets forest clearance for Chandmari mine
The clearance is co-terminus with the existing lease and adds no reserves or expansion. A routine regulatory step for the state-run miner.
Biocon scores MYR 225 mn insulin supply deal in Malaysia
Duopharma Biotech's tender wins from Malaysia's MOH secure Biocon a three-drug supply agreement, but the annualized revenue is modest relative to its size.
Karur Vysya Bank elevates CFO to COO, names internal successor
Ramshankar R moves to COO from Oct 2026; Ramasamy G V takes over as CFO from Sep 1. An external hire from BoB joins corporate banking.
Balkrishna Industries' Deputy CFO quits weeks after new finance chief appointed
Ravi Narayan Joshi leaves after 5.5 years, effective July 25. Company says no material reason beyond personal career move.
IRCTC CMD Sanjay Kumar Jain resigns; successor awaited
IRCTC's Chairman and Managing Director Sanjay Kumar Jain has resigned on personal grounds, effective July 20, 2026, leaving the Navratna PSU without a named successor.
Eris targets 18-20% international growth in FY27 despite EU site snag
A corporate presentation reveals fresh FY27 guidance for the international business and confirms an EU inspection that delayed commercialisation of its EU-CDMO pipeline but left existing operations intact.
NLC India, IOC to team up on renewable JV in Tamil Nadu
MoU covers solar, wind, storage, and green hydrogen but lacks financial details or capacity targets. A preliminary step in NLC's coal-to-clean shift.
Global Health meets Enam — but says no price-sensitive news to share
Medanta operator holds one-on-one virtual meetings with IKIGAI Asset Manager on June 26 and Enam Asset Management on June 30. The company says no unpublished price-sensitive information will be discussed.
Delhivery taps Bajaj Auto for 1,500 electric three-wheelers
First phase of 200 Bajaj RIKI eCarts begins now; bulk of 1,500 planned for 2026-27 across Tier-2/3 cities in a push to cut last-mile costs and emissions.
Acutaas Chemicals' facility raided by GST anti-evasion dept
CGST search at Sachin facility & registered office began Jun 22, still ongoing. Company says no material impact yet, but uncertainty remains for the ₹26,595 cr CDMO.
IIFL Finance to mull equity raise, MTN upsizing at June board meet
The NBFC's board will consider equity via rights/QIP and upsizing its global MTN programme, just weeks after pricing a $500M offshore bond.
JSW Infra launches QIP, promoter OFS for public holding compliance
Board approves up to 23 crore fresh shares and 3.32 crore shares from Sajjan Jindal Family Trust. Combined dilution could exceed 10% of existing equity.
Bandhan Bank board to weigh capital plan on June 25
The no-detail intimation follows a ₹303.74 cr NPA sale and promoter stake sale, leaving the size and form of any capital action open.
Syrma SGS, Kaga Electronics to set up EMS plant for Japanese clients
The 60:40 joint venture with Kaga Electronics India targets a new customer segment. Initial investment of ₹15 cr from Syrma SGS; execution is conditional.
RBL Bank gets top Crisil rating after Emirates NBD infusion
Crisil assigns AAA/Stable to fixed deposits and infrastructure bonds, citing majority parent support and a pro-forma capital adequacy ratio of 35.3%.
Apar Industries locks in base oil supply from Aramco subsidiary
Apar's Saudi subsidiary signs a supply agreement with Luberef for feedstock at the new LubeHub Value Park in Yanbu, tying manufacturing expansion to local content goals.