Micro cap
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.
Mumbai investor Niraj Shah buys 6.44% stake in zero-revenue Bacil Pharma
Shah picks up 925,000 shares over three days as other holders reduce. The nano-cap reported zero operating revenue for FY26 but may be eyeing a fundraise.
Desco Infratech lands ₹6.74 cr Adani Total Gas order for Faridabad network
The nano-cap's fourth disclosed order this quarter adds to its city gas distribution pipeline, now totaling over ₹21 crore in visible wins.
ACS Technologies enhances subsidiary guarantee to ₹5.39 cr
The ₹89 lakh increase was left out of the June 25 board meeting. Total contingent exposure now equals about 2% of market cap.
South West Pinnacle promoters vend 3.91% stake worth ₹26.9 cr in open market
The Jain family sold 1.17 million shares over two days, cutting their voting stake to 64.94%. No prior disclosure suggests a liquidity-driven exit.
Bacil Pharma loses another large holder as Shah sells 2.75% stake
Manubhai Amrutlal Shah's latest sale brings his June total to over 8%, following last week's 7.10% exit by another substantial shareholder, as the nano-cap sits on zero revenue and a market cap of ₹60 crore.
Disha Resources promoter sells last 1.74%, exits fully
Sarojdevi Kabra has sold her entire remaining stake in Disha Resources, just days after cutting her holding by 2.75%. The nano-cap's only known substantial holder is now gone.
Wagend Infra sees non-promoter group cross 7% stake via open market buying
Sanjeev Lunkad and PACs bought 47,000 shares on June 22, raising their combined stake to 7.04% in this ₹6 cr nano-cap. The move follows an earlier 5% crossing and signals continued strategic interest.
Exxaro Tiles sees key investor offload 3.38% stake after accumulation
Deep Health AI India cut its holding to 5.98% from 8.23% between Feb and June 2026, reversing a buildup that began in late 2025.
Promoter entity sells stake in Longview Tea; board still missing
Jalpaiguri Holdings offloaded 96,500 shares in an off-market deal, dropping its stake below the 5% disclosure threshold. The sale comes as the company operates without a board since November 2025 and faces oppression litigation.
Shivam Autotech to mull rights issue as losses mount
The board will meet July 1 to consider a rights issue or other fundraise. The company has negative net worth and recently raised ₹120 cr via debentures.
Suvidhaa Infoserve board meets June 30 to weigh fund-raising
A nano-cap with ₹57 cr market cap and tumbling revenue signals a potential equity infusion. No quantum or method disclosed yet.
Vikas Lifecare's auditor flags ED attachment, tax woes, FEMA lapses
Qualified opinion on FY26 results cites multiple material uncertainties, including an Enforcement Directorate attachment order of ₹133.38 crore.
Vikas Lifecare posts ₹23 cr loss; auditor flags ED attachment, SEBI probe
Standalone net loss of ₹23.25 crore in Q4 against a year-ago profit of ₹0.91 crore, with a qualified audit opinion citing ten emphasis-of-matter items.
Chambal Breweries posts ₹5.91 lakh net loss on zero revenue
Two-month period ended May 31, 2026: zero operating revenue, small interest income, admin expenses lead to net loss. Auditor gives unmodified opinion.
AVG Logistics Q4 profit doubles, but press release is a rehash
The March quarter net profit jumped to ₹10.71 cr on 19.40% revenue growth. Core figures were already disclosed June 23. Strategic updates: rail logistics, land acquisition, green partnership.
OnMobile raises ₹100 cr via NCDs at steep 13.60-13.88% coupon
The debt equals 18% of market cap for a loss-making micro-cap. High yield signals elevated credit risk and likely liquidity needs for gaming pivot.
Rajnandini Fashion promoter buys 56,000 shares, stake at 69%
Vikesh Lunawat adds 56,000 shares for a 0.54 percentage point increase. The purchase is tiny against a ₹49 cr market cap and unlikely to move the needle.
Containe seeks ₹21 cr via rights, 140% of its market cap.
The board approved a rights issue worth ₹21 crore, dwarfing the company's ₹15 crore market cap and threatening massive dilution. Earlier, the auditor flagged unbilled revenue nearly equal to annual sales.
Eforu Entertainment bets ₹5 cr on a film — nearly 10% of its market cap
The nano-cap company signs a binding purchase agreement for film rights and marketing. With zero trailing revenue, the acquisition is either a turnaround move or a stretch.
Texel gets AASHTO nod, opens US federal projects market
The certification for its Kheda geotextiles facility qualifies Texel for US DOT-funded transportation projects. For a ₹86 cr nano-cap with declining revenue, this is a potential game-changer – but no order yet.
Majestic Auto loses CFO Ajay Kumar with no prior notice
The nano-cap company's CFO resigns citing personal reasons, effective June 24. Revenue has fallen 77% trailing while the stock trades at a P/E of 3.9.