Micro 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.
3B Films board to mull fundraising; any quantum could be big
The board will meet on July 2 to consider equity, warrants, or convertibles. No size or price yet, but for a ₹41 cr company with net loss and high debt, even a small raise matters.
ERP Soft loses insider-trading compliance data after tech failure
The SDD system crashed on 29 June with no backup, but financial records and operations are intact.
Ekansh to issue 4.43 cr shares, promoters get 74% in reverse merger
Board approves absorbing Sankalp Industrial Infratech via share swap. Public holding drops from 100% to 26.29%.
Purple Finance to sell ₹23 cr loan book in assignment deal
The nano-cap NBFC will retain 10% of the pool and continue servicing the loans, in a deal that signals it can originate quality assets. At ₹23 cr, the sale is material for a ₹389 cr market cap.
Merritronix signs manufacturing pacts with Analinear, Stuam; no financials disclosed
Non-binding MOUs make Merritronix the preferred partner for PCB assemblies and production runs, but without order commitments or revenue visibility.
Orient Paper's COO steps down, successor named same day
C.S. Kashikar resigned for personal reasons effective June 29, 2026. Yogendra K. Varshney, a 30-year industry veteran, takes over from June 30.
Prevest Denpro's FY26 call repeats known numbers; 3D printers shine
Revenue ₹71.81 cr, net profit ₹20.49 cr, both up ~13%. US exports lead. Capacity utilisation on new lines at 18-20% leaves ₹125 cr potential far off.
Mangal Electrical buys ₹8 cr land in Sikar for capacity expansion
Micro-cap electric equipment maker acquires 1.43-hectare plot for ₹8 crore in cash to expand manufacturing capacity.
Vivanza Biosciences signs preliminary Kyrgyz deal – no money, no timeline
The nano-cap inks a non-binding MOU for plastic film in Central Asia. No financial commitment yet, but the stock may attract speculative interest.
Diamines & Chemicals' subsidiary signs ₹40 cr land term sheet for new plant
DACL Fine Chem to acquire 50 acres in Kakinada SEZ for a chemical plant – a bet that amounts to 16.5% of the parent's market cap.
ZF Steering signs tech pact with Chinese firm for EHPAS
Micro-cap auto ancillary enters preliminary framework with Hubei Tri-Ring to develop electric hydraulic power steering in India. No financial terms disclosed; non-binding.
Jaipan promoter Atin Agarwal sells entire 3.97% stake in open market
In two days of trading, Atin Agarwal offloaded his entire holding and Jainarain Agarwal sold another 0.82%, cutting promoter group from 39.93% to 35.12%. The nano-cap with ₹17 cr market cap gave no reason.
Deccan Polypacks posts ₹36 lakh loss, zero revenue; going concern flagged
The nano-cap posted its second straight year of negative equity, with the auditor casting doubt on continued operations.
SEBI warns Sri Havisha for hiding material liability dispute
The nano-cap hotel firm failed to disclose a liability with Percept Advertising that crossed LODR materiality threshold. No monetary penalty, but governance red flag for a ₹20 cr company.
Rathi Steel slashes cost savings guidance by 99%, cancels expansion plans
In a concall, management cut expected hot charging savings from ₹3,000-4,000 per ton to ₹1.5-2 per ton and said no expansion beyond maintenance. FY26 revenue up 42% but utilisation at 50-55%.
Brijlaxmi Leasing reports FY26 net profit ₹66.17 lakh; auditor flags loans
Revenue drops to ₹283.56 lakh from ₹634.40 lakh. Auditor repeats qualifications on loan confirmations, employee benefits and interest income.
Banas Finance appoints Praveen Jangid as CFO
The nano-cap NBFC fills a key vacancy after former CFO Amit Mehta resigned. Jangid brings a decade of experience in financial reporting and compliance.
AMPL Capital insider group lifts stake to 8.96% with estimated ₹44 cr buy
DP Global Wealth and executive director Vikas Kataria bought 15.08 lakh shares, equal to 24% of the company's market cap, in a single day. The purchase comes days after crossing the 5% threshold and just before an open offer.
Yaap Digital targets 2% ad market share, ₹1,100-1,600 cr revenue
The nano-cap agency laid out a three-year plan to capture 2% of India's digital ad market, implying annual revenue of ₹1,100-1,600 cr. Key levers: Gozoop cross-selling and AI tools. Top-10 client concentration stays at 65-68%.
Beryl Drugs promoter crosses 10% with small open-market buy
Sudhir Sethi picked up 6,950 shares, lifting his stake from 9.915% to 10.055%. The ₹12 cr nano-cap sees a modest signal of promoter confidence.
Viceroy Hotels plans ₹107 cr rights issue, promoters to skip
Board approved ₹107 cr rights issue to non-promoter holders, diluting ~12% of market cap. Debt from SLN Terminus acquisition stands at ₹223 cr.
Chatterbox FY26 results routine, no new news
The audited numbers, revenue up 42.46% to ₹84.22 crore and net profit ₹9.20 crore, were already disclosed in June. This press release repeats them with no fresh information.
Maiden Forgings targets 60-70% revenue from defense within 3 years
FY26 revenue of ₹234 cr grew 12-13%; FY27 guided 20-25% higher. But the real bet is defense: ₹400-500 cr in medium term, from a company that currently does ₹3 cr net profit.
Astal Labs authorises ₹300 cr fundraise, acquisition hunt near 80% of market cap
The nano-cap is pursuing a ₹300 cr raise and a hunt for USFDA-compliant pharma plants. Both moves would transform the business if executed.