Micro cap
Shriram AMC loses senior fund manager Deepak Ramaraju
The resignation is personal and amicable, but for a ₹485 cr asset manager, any senior investment team departure bears watching.
Gretex Corporate's Sales-VP Deepak Shah quits, effective June 2026
The micro-cap merchant banker loses a senior sales hand, but the departure is not C-suite. Impact likely limited given the role and smooth handover.
Paul Merchants' NBFC drops to Base Layer after asset shrinkage
Subsidiary moves from Middle to Base Layer as asset base falls below ₹1,000 cr following gold-loan business sale. Compliance burden lightens, operations unchanged.
Himalaya Food's profit slips, rights issue swells equity base
Annual revenue and profit edge lower; equity capital jumps to ₹84.79 cr after rights issue. Clean audit, but no surprise for the nano-cap.
Master Trust promoters re-pledge 12.20% stake day after releasing it
Harjeet Singh Arora and Rajinder Kumar Singhania pledged 1.5 crore shares to ICICI Bank as collateral for a subsidiary loan, just one day after fully releasing an identical pledge.
Hexagon Nutrition board signs off on FY26 numbers, no surprises
The board approved audited results that were already disclosed. Auditor reappointments are routine. A non-event for the stock.
Hexagon Nutrition posts 42% profit jump in first post-listing year
FY26 audited numbers show net profit at ₹38.15 crore, revenue at ₹319.12 crore, beating prior-year levels in debut as a listed entity.
Sical Logistics sells Chennai land for ₹18 cr, executes resolution plan
The non-core asset sale, closed June 30, 2026, adds liquidity worth 2.5% of market cap for debt reduction or working capital.
Minolta Finance locks in ₹48 cr rights issue at ₹1.20, 4:1 ratio
The nano-cap NBFC finalises revised terms after withdrawing its record date last month. The offer equals over 300% of the current market cap and opens August 1.
Dhampur Sugar issues ₹100 cr CP at 7.15%, rolls over maturing paper
The 30-day paper placed with Kotak Mahindra Bank is 11.3% of market cap. It replaces a maturing CP of similar size, flagging continued reliance on short-term funding.
Aksh Optifibre wins NCLAT stay on insolvency, ₹3.33 cr repayment plan
Ten days after NCLT admitted the company into insolvency on a ₹2 crore claim, the appellate tribunal has paused proceedings, allowing the promoter to repay ₹3.33 crore over six weeks and retain control.
Spectrum Foods swings to ₹3.35 cr loss in March quarter
Revenue fell to ₹5.20 cr from ₹7.68 cr sequentially. Full-year profit was ₹0.29 cr.
Mangalam Global opens three more NEAT EVERYDAY stores in Mumbai
The wellness-brand rollout, flagged in January, adds locations in Goregaon, Borivali and Ghatkopar. Filing provides no revenue or capex numbers.
ICRA lifts UFO Moviez's rating outlook to Positive
The outlook revision reflects a sharp earnings turnaround in FY26, but the rating itself remains unchanged.
Integrated Proteins board to consider stock split on July 3
Nano-cap firm with ₹279 cr market cap and ₹6 cr quarterly revenue looks to split shares. Split needs shareholder and regulatory nods.
Revathi Equipment loses CFO; no successor named
Sudhir Raju resigns effective June 30 citing personal reasons, leaving a key finance role open at the ₹220-cr nano-cap.
Hexagon Nutrition's first post-listing profit jumps 56%
First audited figures as a public company: net profit at ₹37.94 cr, revenue ₹382.63 cr. Strong growth but no strategic surprises.
Suryavanshi promoter buys 5% stake in bet on turnaround
Rajender Kumar Agarwal acquired 2.4 lakh shares off-market, lifting his holding to 47.26%. The micro-cap spinner recently swung to profit after years of losses.
Adisoft clarifies ₹96 cr order book was pipeline: firm orders at ₹38.54 cr
The company said a definitional mix-up inflated its order book. FY27 revenue guided at ₹215 cr with 35-40% profit growth; new 25,000 sq ft facility planned for November.
Jolly Plastic board to weigh moving office, rewriting objects
The nano-cap's board will meet July 3 to consider shifting its registered office between states and amending object clauses, the latest step in a restructuring under new majority owner Bhaum Digital Ventures.
CFO exits Modern Engineering, replacement lined up
Francisca Rosario resigns effective June 30; Navraj Bhatt, a CA from Man Infra, takes over from July 1. For a ₹48 cr market-cap firm with a recent Tata Steel order, the finance helm change is material.
Flywings targets 20-30% FY27 revenue growth on Mumbai, IndiGo deals
Flywings guided 20-30% FY27 growth on Mumbai facility, IndiGo MRO, and regulatory tailwinds. The concall reaffirmed known narratives without surprise.
Yogi Ltd lands ₹48.6 cr order from new customer, 11% of FY26 revenue
The micro-cap company's ₹48.62 crore purchase order from Companion Vinimay Trading is material at 11% of FY26 revenue and is to be delivered within 15 days.
Ajanta Soya's CFO retires; internal successor named
Jai Gopal Sharma steps down as CFO upon retirement. Anil Kumar Rana, the finance controller, takes over from July 1. The MD and WTD were also re-appointed.
Avance appoints Santosh Hambare as MD & CFO, fills vacancy after resignation
Hambare takes dual role, replacing former MD Latesh Poojary as NED and filling CFO gap left by Vijay Purohit's exit. Board also adds Dipak Gaikwad as independent director.