Micro cap
Saboo Sodium gets BSE nod for ₹47.57 cr rights issue
Saboo Sodium's ₹47.57 crore rights issue, nearly matching its ₹50 crore market cap, clears a key regulatory hurdle.
NHC Foods issues 10.42 cr shares to FCCB holder, diluting by 15.8%
Global Focus Fund converts $1.1 million bonds into equity at ₹1 each, lifting paid-up capital to ₹76.19 crore and swelling the share count for the nano-cap firm.
CFO's immediate exit raises governance questions at RDB Real Estate
Harsh Jhunjhunwala resigns abruptly on June 24, with no successor named, at a ₹394 cr market-cap developer with high debt.
Jamshri Realty promoters gift entire 62.89% stake to son
Premratan Damani and Bimladevi Damani exit completely, transferring control to Rajesh Damani via a gift deed at no consideration. The off-market transfer of 43.93 lakh shares is exempt from open offer as an immediate relative transaction.
Apis India fills out leadership with Arun Mishra as sales head
The honey and FMCG company caps a trio of senior hires. Mishra brings over 25 years from Haldiram and Modi Naturals. The CFO appointment, made weeks earlier, remains the more consequential move.
Muthoot Capital gets ₹96 cr bid for stressed loan pool
A binding bid worth up to ₹96 crore sets a floor for a stressed portfolio with ₹209.1 crore principal, potentially cleaning up a balance sheet hit by 6.96% gross NPAs and a 76% profit crash.
Afloat's non-promoter sells 2.55% as promoter exits pile up
Pine View Portfolio Consultants cut its stake to 10.83%, adding to an already heavy selling overhang at the nano-cap steel company.
Praxis Home Retail borrows ₹14.5 cr more, total unsecured debt ₹20 cr
A ₹14.5 crore facility from CMS IT Services takes total borrowings from the lender to ₹20 crore in six weeks, against a market cap of ₹162 crore.
Helios Capital joins KV Toys meet; no UPSI, but signal sent
Eight participants attended the virtual analyst meet, including Helios Capital. No price-sensitive information was shared, but the presence of a major institutional investor at a nano-cap is the real story.
Accord Transformer lands UGVCL empanelment for Gujarat utility tenders
Five-year vendor registration from Uttar Gujarat Vij Company opens a new state market after factory inspection. No order yet, but the move diversifies the ₹112 cr nano-cap's customer base.
Foreign fund buys 7.36% in Leading Leasing as auditor flags ₹407 cr loans
UNICO Global Opportunities Fund converted warrants into equity, now holds 7.36% of the nano-cap NBFC. The company's auditor had earlier flagged ₹407 crore in unconfirmed loan balances.
Manoj Jewellers to raise ₹18 cr via rights issue — half its market cap
The Chennai-based jeweller's board approved the capital raise, which at ₹18 cr equals 50% of its ₹36 cr market cap. A new CFO was also appointed.
Gujarat Inject loses Chairman, CFO & Whole-Time Director in single death
Deepak Diwan Bachwani died just weeks after taking charge following the MD's exit. The nano-cap's solar pivot now faces immediate execution risk.
Virat Industries drops toothbrush business for textiles and real estate
After a ₹100 cr promoter preferential allotment, the micro-cap abandons oral care to pivot into textile, investment, and real estate. Shareholder nod needed.
BLB seeks ₹50 cr lending power – 60% of its market cap
The nano-cap stockbroker's board wants shareholder nod to lend or guarantee up to ₹50 crore. That is more than 60% of the company's ₹79 crore market value, with no prior disclosure of any such plan.
Milestone Furniture delays FY26 results after director's brain haemorrhage
The nano-cap's whole-time director is incapacitated; results delayed indefinitely. For a company with ₹25 cr market cap, this is a material governance risk.
Boston Commerce revised filing confirms auditor's going concern warning
Assets plunged from ₹1490.37 lakh to ₹76.86 lakh, net worth turns negative at ₹127.15 lakh. Revenue nil, loss of ₹724.11 lakh.
Om Metallogic clears 82% capital hike, shareholders to vote
Board approves authorised capital rise from ₹8.75 cr to ₹16 cr, an 82% expansion. No actual issuance or dilution yet; the move enables future fundraising subject to postal ballot.
VMS TMT promoters reshuffle 2.66% stake in off-market transfer
Sunny Sunil Singhi acquires 13,22,154 shares from Varun Manojkumar Jain at roughly ₹45 each; earlier transfer to another promoter was withdrawn.
Identixweb swaps ₹12.23 cr loan for equity in loss-making subsidiary Munim ERP
The conversion raises Identixweb's stake to 70.05% in Munim ERP, which has negative net worth of ₹3.10 cr and revenue of ₹1.96 cr. The deal size is 17.7% of the parent's market cap.
Kanungo Financiers board to weigh restructuring, acquisition
A nano-cap with a **₹4 cr** market cap is considering a sweeping corporate overhaul including capital increase, business scope change, and an equity acquisition. The June 29 board meeting could signal a dramatic shift in scale and strategy.
Bodhi Tree lands Assam government's digital content platform mandate
The project shifts Bodhi Tree from content producer to platform operator with recurring revenue. Tech architecture is already complete.
Sampann Utpadan sells wind mills for ₹2.45 cr
The non-core wind mills generated just 0.2% of revenue, but held a net worth of ₹43.18 crore. The all-cash deal closes in six months; proceeds may fund expansion or working capital.
Desco Infratech kicks off biogas production at Bulandshahr plant
Through its subsidiary, Desco enters renewable fuels with Phase-1 of a 5 TPD CBG plant, starting at 1 TPD. Commercial sales are imminent.
Digilogic wins ₹1.60 cr defence PSU order for static test jig
Order adds to ₹31 cr book but is about 2% of revenue. Delivery by Feb 2027. Small win, but execution remains the real test.