Micro cap
Laddu Gopal scraps ₹30 cr rights issue after BSE approval failure
The nano-cap, worth just ₹6 cr, had sought to raise five times its market capitalisation. Now it's back to square one without equity funding.
Siyaram Recycling lands second export order from UAE buyer, value doubles
Nano-cap firm secures $426,000 contract from Green Metals FZCO, double the previous order, with delivery in seven days.
Paradeep Parivahan puts 45 electric trucks on UltraTech's cement run
The nano-cap logistics firm deploys one of India's largest electric heavy-duty fleets for UltraTech Cement, cutting 2.9M litres of diesel a year. Contract value is undisclosed.
Yaan Enterprises promoters buy 2.1% more, stake at 70.65%
Inside the nano-cap travel firm, the promoter group invested ~₹61 lakh in open-market purchases over two tranches, raising their holding to 70.65%.
VPRPL promoter Pooja Punglia pledges 700k shares
Incremental pledge to AUM Capital is below materiality threshold but adds to high promoter encumbrance at a financially strained company.
Systematic Industries sees ₹1,000 cr OPGW pipeline as it pivots from legacy steel
FY26 revenue of ₹5,563 million, up 24%; net profit ₹205 million; company net debt-free. Legacy steel still 97% of revenue but new segments target bottom-line from FY27.
Guru Krupa Gems' ₹9 cr preferential issue collapses as allottee walks
Krina Creation withdrew from buying 32 lakh shares at ₹28.20 due to BSE approval delays. No money was received, leaving the nano-cap with a 74% revenue decline and a material funding gap.
Narmada Agrobase redirects ₹7.7 cr from rights issue to new purpose
The board has formally approved a change in how unutilised proceeds from last September's rights issue will be used. Shareholders get a vote at the July AGM.
Veefin board backs move to BSE main board, NSE listing
The micro-cap's board approved migration from BSE SME to main board and a direct NSE listing, subject to shareholder and regulatory nods.
Niraj Cement promoter bids for 26% at ₹29, could take stake to 92%
Gulshankumar Chopra, owning 8.75%, has already bought 41% in pre-offer deals. If the open offer is fully subscribed, promoter holding could exceed 90%, likely forcing a delisting.
Karbonsteel targets ₹400 cr revenue in FY26 as order book surges 75%
FY25 normalized PAT at ₹16.56 cr after one-time hits; management guides EBITDA margins of 12-13%.
Viji Finance allots warrants but issue shrinks as three investors drop out
The nano-cap NBFC raised ₹24.78 cr via warrants, down from planned ₹35.70 cr; dilution of over 60% looms.
Deccan Polypacks net loss, negative equity; auditor flags going concern
The nano-cap's annual results show net worth of -₹1,364.16 lakhs against long-term debt of ₹1,367.87 lakhs. Auditor cites going concern uncertainty and missing confirmations.
Ecoline Exim aims for backpacks to deliver 50% revenue in two years
The ₹286-crore packaging firm is pivoting to polyester backpacks, targeting 25-30% of FY27 revenue and half within two years, citing demographic tailwinds and anti-dumping duties on Chinese imports.
Yash Innoventures promoters sell 0.62% — fourth stake sale in four months
Gnanesh Bhagat and his concert parties offloaded shares on June 9, reducing promoter holding to 64.78%. The repeated insider sales draw scrutiny after a ₹10 cr MD loan.
RBM Infracon slashes FY27 revenue target to ₹700 cr from ₹1,000-2,000 cr range
Nano-cap engineering firm also flags main board migration delay and stalled railway tender, but FY26 revenue jumped 53% to ₹492 cr and order book stands at ₹4,500 cr.
RDB Infrastructure pledges ₹17.75 cr guarantee for group firm, adds land
Board approves guarantee to Axis Bank for RDB Real Estate Constructions, about 3.5% of market cap, and purchases 1.56 acres land in Odisha.
Modulex raises ₹45.75 cr via warrant conversion, a third of its market cap
The pre-revenue construction tech company converts 3.39 crore warrants into equity, funding Phase I of its Maharashtra factory. The cash infusion equals 40% of its market cap, but existing shareholders face 30% dilution.
Prostarm relocates servo stabilizer, lithium battery units
The micro-cap electric equipment maker moves two operations accounting for about 7.89% of revenue, but gives no cost or capacity figures.
Shree Hanuman Sugar's FY26 loss at ₹89 lakh, plant idle since 2012
Audited annual results show negligible revenue of ₹4.35 lakh; auditor repeats going concern qualification. Company remains under CIRP with no new material developments.
Systematic Industries lands first Power Grid EPC order, eyes ₹1,000 cr OPGW pipeline
The company's entry into utility-grade OPGW and OFC markets, backed by a net-debt-free balance sheet, sets the stage for revenue growth acceleration beyond 25%.
Pakka's CFO resigns as credit downgrade, debt pressure mount
Chief financial officer Neetika Suryawanshi steps down effective June 30, leaving a key vacancy as the packaging company faces a two-notch downgrade, a promoter pledge, and project delays.
Bluegod adds LLC co-founder as director after scrapping IP deal
Raman Raheja, co-founder of Legends League Cricket, joins the board; Ritu Tiwari named independent director. Shareholder approval pending.
GACM Tech board to mull UK subsidiary, two stake buys via share swap
GACM Technologies will meet on June 25 to consider an international expansion and acquisitions through a preferential share swap. The nano-cap, with a market cap of just ₹9 crore, posted ₹8.60 crore profit last year.
GACM Tech board to mull UK arm, two stake buys
Nano-cap GACM's market cap is ₹58 crore. The board will consider a UK subsidiary and preferential issuance to buy minority stakes in Market Simplified India and WEXL Edu.