Micro cap
Smiths & Founders signs merger with SKF Elixer — 17x its size
A ₹93 cr nano-cap just agreed to absorb a ₹235 cr revenue firm. No share exchange ratio disclosed; regulatory approvals remain.
Zee Learn dodges insolvency as creditors back off
ACRE and Yes Bank tell NCLT they will withdraw the 2022 IBC petition. The ₹807 cr exposure that triggered a going-concern warning is no longer an immediate threat.
Avro India gets nod to list 10,60,900 preferential shares
NSE and BSE clear the way for shares issued to non-promoters to become tradable. The move will dilute existing holders but the pricing remains undisclosed.
Pro Fin Capital board to weigh authorized capital hike ahead of fundraise
The June 25 board meeting will also set AGM schedule and book closure. The ₹190 cr NBFC needs capital after multiple adjournments.
Takyon Networks lands ₹1.67 cr CCTV contract from North Central Railway
The order adds to a string of government wins, but the nano-cap still faces steep revenue and profit declines.
E2E Transportation posts 50% revenue jump, lays out Kavach 4.0 timeline
FY26 revenue surged 50% to ₹380 cr, with a ₹1,015 cr order book. Management guided 40-50% growth in FY27 and set Jan 2027 for first Kavach 4.0 commercial orders.
Meta Infotech bags ₹2.4 cr subscription orders from stock exchange
The ₹2.4 crore deal from a leading Indian stock exchange and its subsidiary adds recurring revenue and boosts the order book, which now stands at ₹50.6 crore.
Solvex auditors flag unverified ₹8.31 cr IPO proceeds
First-time qualified opinion for nano-cap; 38% of market cap in IPO funds cannot be traced. Other liabilities also noted.
Eastern Silk CFO steps down, stays on as executive director
Sunil Kumar resigns as CFO but continues as Executive Director, citing a focus on strategy. The ₹25 cr nano-cap textile firm plans to bring in a new CFO.
Garbi Finvest posts ₹7.10 cr Q4 loss; auditor flags loan documentation gaps
The NBFC's net worth fell to ₹68.97 cr from ₹75.75 cr. Annual expenses surged to ₹11.04 cr on revenue of ₹4.67 cr. Qualified opinion cites missing loan agreements and interest income verification failures.
Mach Travel lands 50 corporate accounts in 2.5 months, builds recurring revenue base
New corporate travel vertical shifts from project-based MICE to multi-year contracts. Revenue impact expected from H1 FY27.
Shri Balaji Valve grows 19.5%, but customer concentration jumps to 65%
FY26 PAT jumped 32% to ₹8.56 crore, but top-five clients now cover 60-65% of revenue, up from 35%, and a new facility plan was downgraded to 'brainstorming'.
Navigant promoters sell 8.17% stake in open market, biggest cut since listing
Led by Sarthak Vijlani, the promoter group offloaded 2,57,500 shares on June 16, reducing their holding from 36.09% to 27.92%. No reason was given for the ₹1.96 cr sale, which dwarfs typical insider transactions.
Zero-revenue Filmcity Media sees major shareholder exit
Visagar Financial Services sold a 2.01% stake (6,15,477 shares) via open market trades in May-June 2026, adding to the company's woes after revenue collapsed to zero.
Megatherm stops taking orders as transformer unit hits 100% capacity
Order book doubles to ₹80-90 cr, FY27 revenue target of ₹450+ cr reaffirmed. But a prior call gave conflicting capex figures, raising execution questions.
Suyog lands 636 Vodafone sites; 5,000 tenancies still awaited
Suyog confirms a slice of the expected Vodafone order but the bulk of 5,000 tenancies remains unannounced. No financial terms disclosed.
Suyog Telematics lands IIT Bombay telecom infra deal
The micro-cap won a competitive H1 bid to set up towers, poles, and small cells on the IIT Bombay campus. No value disclosed, but the counterparty adds qualitative weight.
Advani Hotels drags MarketsMojo to SEBI over false data
After months of ignored complaints, the hotel chain files a formal petition alleging systematic false data and contradictory ratings. The regulator's response is now key.
Sayaji Hotels promoter adds 3.55% stake via open-market buy
Azhar Yusuf Dhanani raises stake to 8.37% in a ₹528 cr hospitality firm, signaling confidence amid expansion into wellness contracts.
E Factor targets ₹300 cr FY26 revenue on IP pivot
Management guided a 38-50% revenue jump to ₹275-300 cr in FY26, driven by its new IP ownership model. The Shiva Immersive IP drew 45,000 paid visitors and generated ₹6 cr in its Delhi debut, with a second run starting mid-July.
Kilitch Drugs starts nutraceutical block, no revenue numbers
New manufacturing block begins at greenfield facility but capacity and investment undisclosed.
Premier Polyfilm sheds 'not cooperating' tag with ICRA upgrade
ICRA lifts Premier Polyfilm's long-term loans to A-(Stable) from BBB+(Stable) and removes the issuer-not-cooperating label. The **₹60 crore** facility upgrade signals improved credit profile and should cut borrowing costs.
ASI Industries diversifies into steel with ₹7.5 lakh subsidiary
The stone miner is setting up ASI Steel and Energy to explore a TMT plant. The initial outlay is a rounding error against its ₹224 cr market cap, and the subsidiary is yet to be incorporated.
JJ Finance promoter buys ₹10.76 lakh shares, stake at 47.91%
Anil Jhunjhunwala ups stake by 79 bps in open-market purchase worth 0.83% of market cap. A modest positive signal but below materiality threshold.
Garware Offshore lands ₹31 cr/yr charter for four years
The letter of award covers a vessel for four years plus a one-year extension, providing multi-year revenue visibility for the nano-cap company. Annual value is about 20% of market cap.