Micro cap
Milkfood raises ₹6.6 cr via warrants to MD, president
Two insiders get 11 lakh warrants each, convertible in 18 months, adding 7.9% dilution. No use of proceeds disclosed.
Chatterbox targets doubled vertical revenue, margins flat
First post-listing concall: FY26 revenue jumped 42.5% to ₹84.22 cr. Management plans to double Chatter Social in FY27 but keeps operating margins flat and declines formal guidance.
Sanjeev Lunkad pushes stake in Gujarat Winding Systems past 11%
Open-market purchase of 7,179 shares keeps up a creeping-acquisition pattern at a ₹4-crore nano-cap with negative earnings
Jonjua Overseas enters IBC fray with EOI for Soni Soya
The ₹9-cr nano-cap has filed an expression of interest in the insolvency process of Soni Soya Products, a listed Indore-based company, aiming for Central India expansion. No financial terms disclosed yet.
BharatRohan builds hyperspectral camera prototype
The indigenous camera for drones reduces import dependence and opens defence, mining markets. Field trials and commercial rollout are pending.
Accord Transformer lands ₹20 cr wind turbine transformer order
The order from a leading EPC player for a Gadag-1 wind project is worth roughly 28% of annual revenue. Completion within five months.
Pocl Enterprises shuts trading window ahead of acquisition board meet
Trading window closes June 29 for a July 1 board meeting to consider an acquisition, in addition to approving Q1 results. The move follows Pocl's recent ₹12.46 cr purchase of 51% of Trichy Metals.
Chambal Breweries approves merger with Invade Agro
Swap ratio: 5 Invade shares for every 2 Chambal shares. Invade Agro is over 300 times larger by net worth (₹303 cr vs ₹87 lakhs), offering a dramatic upgrade for shareholders.
IVP's Tarapur unit shut by MPCB on pollution violations
Maharashtra Pollution Control Board orders immediate closure of IVP's manufacturing unit at Tarapur, Palghar. The company is already contesting a ₹136.81 crore eviction order from Mumbai Port Authority.
Rajkamal Synthetics CFO resigns with immediate effect
The director and CFO of the ₹18 cr nano-cap company stepped down on June 28, citing personal reasons, with no successor named. The sudden departure raises governance concerns.
Starlineps bets ₹350 cr on solar startup Celloraa
Diamond trader approves ₹350 cr investment, ₹160 cr stake purchase, and up to ₹1,000 cr guarantees in Celloraa. Still subject to shareholder vote.
Samsrita Labs board to mull capital rejig; share cancellation on table?
The nano-cap healthcare firm, with no operating revenue and Rs 11 cr in losses, will meet on 4 July. Prior reports point to a share cancellation to wipe out accumulated losses.
Ducon sees ₹10,000 cr FGD pipeline, but sales just ₹101 cr
The mandatory FGD program could fuel orders, but the small-cap firm hasn't shown sustained revenue growth. No hard targets were given. Execution remains the open question.
Integrated Proteins loses MD with immediate effect
Karanj Doshi quits abruptly on 29 June, citing personal reasons. Nano-cap with ₹279 cr market cap, revenue down 73.5%, left without a successor.
Milgrey Finance seeks ₹60 crore rights issue, 60% of market cap
The nano-cap's rights issue could nearly double its equity base. With trailing ROE of 0.1%, it's a high-stakes move.
Mangalam Global appoints Reena Wagh as Whole-Time Director
The appointment, subject to shareholder nod at the July 27 AGM, follows the former MD's redesignation. Compensation and strategic mandate remain undisclosed.
Medico Remedies' credit line more than doubles to ₹42 cr, rating reaffirmed
CRISIL reaffirms BBB-/Stable while enhancing rated facilities by ₹23 cr, a key capacity move for a nano-cap exporter with 37% revenue growth.
Omega Ag-Seeds to weigh rights issue as big as its market cap
The nano-cap seeds maker called a July 2 board meet to discuss fundraising via equity, with prior signals pointing to a ₹8 cr rights issue, equaling the company's entire ₹7 cr market cap.
Clio Infotech bets ₹87 cr on a shell: 10x its own market cap
The nano-cap company is acquiring a Seychelles entity with no revenue, no operations, and a March 2026 incorporation date.
Bannari Amman Spinning Mills gets outlook upgrade to Stable
CARE Ratings reaffirmed ratings at CARE BBB-/A3 while revising the long-term outlook from Negative to Stable, citing improved credit profile after FY26 audited numbers.
Patel Integrated raises buyback price to ₹20, signals confidence
The logistics firm lifts its tender offer price by 11% to ₹20 per share while keeping total outlay at ₹10.80 crore. The revision is a material amendment to the original ₹18 announcement.
Akme Fintrade seeks ₹1,200 cr borrowing limit, dwarfing its ₹442 cr market cap
The nano-cap NBFC's board approved a massive increase in borrowing capacity, subject to shareholder approval. The authorization would allow the lender to scale its loan book far beyond its current size.
VL Infraprojects revenue up 24% but margin, cash flow suffer
FY26 total income hit ₹150 crore but operating margin narrowed 80 bps to 11% and cash flow turned negative. Jal Jeevan extension and 20-25% FY27 guidance provide the forward story.
Hazoor Multi Projects pockets ₹18.62 cr from lapsed warrants
Warrant holders didn't convert 24.82 lakh warrants in 18 months. The company forfeits the upfront payment, a windfall worth ~2.7% of its market cap.
Baroda Rayon locks in ₹80 cr loan from Aditya Birla Capital
The nano-cap firm refinances ₹32 cr of consortium debt and gets ₹48 cr fresh funds, consolidating borrowing to a single lender.