Micro cap
Supreme Infra's ₹5,796 cr profit stems from settlement, not operations.
Auditors flag missing provisions on ₹75,644.24 lakhs in receivables, going concern risk, and a CFO declaration wrongly claiming unmodified audit.
Bacil Pharma plans ₹50 cr rights issue — equal to its entire market cap
The nano-cap pharma company with zero revenue and a market cap of ₹55 crore is raising ₹50 crore from shareholders, diluting equity by roughly 90%. Two independent directors resigned simultaneously.
Srigee DLM sells factory to promoter entity for ₹2.53 cr
The property generated 9% of revenue last year. The company will lease it back until a new plant is ready.
Cupid Breweries narrows standalone loss, lines up JLL for fundraising
The nano-cap brewer also received an invitation from Germany's Steinecker for advanced brewery tech and said its Gopalpur acquisition from United Spirits is progressing.
Innovatus hit with GST show‑cause notice over ₹8 cr
The demand is material for a ₹34 cr market‑cap nano‑cap. Company will contest, but also postponed financial results.
Virinchi to acquire subsidiary's healthcare business for ₹100 cr via loan adjustments
The slump sale brings Bristlecone Hospitals' ₹133 cr turnover directly onto the parent's balance sheet with zero cash outlay, but requires shareholder and regulatory nods.
Aeroflex Neu gets speculative-grade ratings from CARE
CARE Ratings assigned BB+ and A4+ ratings to bank facilities. The nano-cap, formerly Sah Polymers, carries weak profitability and a P/E of 137.7.
Raama Finance plans ₹100 cr NCD issue, borrowing limit raised to ₹200 cr
The nano-cap NBFC, boosting scale after a revenue surge, seeks to raise debt exceeding 70% of its market cap. Shareholders vote via postal ballot.
Asian Hotels (East) profit stands on an impairment that isn't booked
Auditors say ₹13.44 cr exposure to subsidiary should be impaired; Q4 standalone profit would turn to loss. Consolidated FY26 loss ₹58.64 cr. No dividend.
Asian Hotels (East) standalone profit of ₹7.65 cr masks ₹13.44 cr impairment risk
Auditor says recognizing the probable impairment on subsidiary GJS would flip Q4 profit into a ₹5.79 cr loss. Company challenges Odisha order; no dividend to preserve cash.
E-Land Appoints Hong Jin Lim as Director, Still in Distress
The nano-cap firm adds a textile veteran to its board, but the appointment is routine and does not address the going-concern uncertainty that has plagued the company.
Arunjyoti Bio Ventures swings to profit, proposes rename to Pasura Industries
After a loss-making March quarter, the nano-cap reports ₹8.20 cr revenue and ₹0.61 cr net profit. Board also seeks shareholder nod for a name change and higher director pay.
Raconteur plans preferential issue; dilution risk for nano-cap
Board to meet July 15 to consider fundraising via preferential securities. No size or pricing disclosed. Company has ₹12 cr market cap and just reported a ₹21 cr quarterly loss.
Aerpace promoter trust infuses ₹48.82 cr via warrants, PNB adds ₹70 cr line
Pre-revenue nano-cap gets 11%+ capital infusion from NK Family Private Trust and a ₹70 crore facility from Punjab National Bank, alongside seasoned advisor appointments.
Mahan Industries board to evaluate equity raise on July 14
The nano-cap NBFC with ₹5 cr market cap considers issuing shares or convertible warrants. Trading window remains closed until 48 hours after results.
Vijay Kedia ups Exato stake to 9.68% in months-long buying spree
The ace investor's open-market purchases over five months signal strong conviction in the nano-cap customer experience tech firm.
Bhatia Communications' Surat stores hit by floods, says insured
Two premises in Surat halted temporarily after severe flooding. The company says insurance covers damage and no material impact expected.
Vikas Lifecare auditor flags ED attachment, FEMA lapses in qualified opinion
Ten emphasis-of-matter items in qualified audit include ₹133 cr ED attachment, ₹26 cr tax demands, and lapsed related-party approvals. Standalone loss widened to ₹23 cr.
Shankara gets large shareholder back after it dumped stock a week ago
Rajasthan Global Securities reverses July 1 sale, lifts holding from 4.24% to 6.87% in open-market buying.
Switching Tech buys two food firms via ₹237 cr share swap
The nano-cap's board approved a share-swap deal for Tekfoods and Samridh, turning them into wholly owned subsidiaries and reducing public shareholders to a fraction of their current weight.
Gujarat Hotels Q1 net profit up 4.7%, revenue rises 17.5%
A steady quarter for the nano-cap hotel firm, with growth driven by operations. Dividend of ₹3 per share awaits AGM approval.
Mid East Portfolio adds a dozen new business objects; nano-cap signals pivot
In a thirty-minute board meeting, the company approved altering its MoA to cover agriculture, cosmetics, pharma, insurance and more. Shareholder approval via postal ballot is pending.
Brahmaputra Infra JV wins ₹137.6 cr Bhutan rail contract
First contractor on the 69-km Kokrajhar–Gelephu cross-border link, part of a ₹3,456 cr inter-government project. The order is worth ~29% of the company's ₹499 cr market cap.
BPL dodges insolvency as NCLT tosses creditor plea
The immediate risk of corporate insolvency is off the table for BPL. The NCLT Kochi dismissed the petition from unsecured creditor Morgan Securities, but the underlying Supreme Court-ordered debt remains unresolved.
Paterson & Co trims India Cements Capital stake by 2.18%
Non-promoter shareholder sold 4.74 lakh shares in open market, now holds 22.60%; routine disclosure under Takeover Code.