Micro cap
Tirupati Innovar to mull bonus, 1:10 split amid auditor cloud
Board meets June 19 on bonus and split; bonus ratio open. Stock faces disclaimer-of-opinion over unconfirmed ₹15,194 lakhs trade receivables.
Newtrac's auditor disclaims FY26 opinion; management withheld key documents
NKSC & Co. could not verify financials after Newtrac withheld loan agreements, invoices, and confirmations. The nano-cap reported ₹8.26 lakh revenue against ₹1,991.24 lakh in assets.
Shree OSFM misses revenue target, vehicle-buy rationale shifts
FY26 revenue growth of 11% missed the 20-22% guidance; management later admitted vehicle purchases were for IPO commitments, not client mandates. FY27 guided at 15-20% growth.
GCM Securities CFO quits; replacement named same day
Shrenik Choraria exits citing health. Umesh Rajan Swamy steps in. The nano-cap's persistent losses and small scale make the move a governance watch item.
Bai-Kakaji targets ₹1,000 cr by FY29, FY26 profit up 50%
Flexible packaging revenue seen doubling to ₹200 cr in FY27; ₹100 cr capex split 65:35 between flexible and rigid.
Mayur Leather's chairperson dumps 12.4% stake, leaving just 1.78%.
Amita Poddar sold 6 lakh shares on June 12, following fellow promoter Rajendra Kumar Poddar's exit. The nano-cap has zero revenue and a going concern warning.
HS India AVP Shiladitya Mukherjee resigns, effective June 15
The Associate Vice President's departure at the ₹18-crore hospitality firm is a routine management change, with personal commitments cited and no material impact on operations.
Hariyana Ship Breakers fixes audit typo, gets clean opinion
Statutory auditor corrects a clerical error: the FY26 audit was unmodified all along. But the fine print still flags 90% asset concentration in real estate and unverified inventory.
MRC Agrotech board to mull ₹3.88 cr loan-to-equity, 50-acre lease
A 22 June board meeting will consider converting loans into equity in a 51% subsidiary and leasing land. For a ₹111 cr nano-cap, the moves are material but not yet decided.
CWD targets ₹380-400 cr FY27 revenue, 160% jump from FY26
The micro-cap electronics firm also posted FY26 revenue of ₹145.8 crore, up 343%, and a new WMS order of 25,000 units with a 15,000-unit commitment.
Mini Diamonds lands ₹14 cr order from new Mumbai client
Order from Kavish Jewels is ~8.5% of the company's ₹165 cr market cap, providing near-term revenue visibility for the nano-cap.
Sugs Lloyd lands ₹56.57 cr rooftop solar order from Bihar utility
The 16 MW project under PM Surya Ghar scheme is 21% of market cap, with a 10-year contract. Execution starts after PPA signing, expected 9 months.
Mid India promoter Pradeep Ganediwal lifts stake to 19.70% via transmission
Following the death of fellow promoter Ranchhod Prasad Ganediwal, Pradeep Ganediwal acquired 5.25% equity, consolidating control in this nano-cap textile firm.
Auto Pins CFO quits after just three months on the job
Pradeep Singh Chauhan resigned effective immediately on June 13, barely 90 days after his appointment. The nano-cap auto ancillary company now has no CFO, raising governance and financial oversight risks.
Afloat promoter frees entire 11.25% stake from pledge
Pawan Kumar Mittal releases all 1,412,525 shares from margin collateral, removing the immediate risk of invocation for the ₹17-crore nano-cap.
Creative Eye's FY26 loss hits ₹5.18 cr as revenue collapses to ₹42 lakh
Revenue dropped 84% YoY; an exceptional charge of ₹3.38 cr from a Doordarshan settlement wiped out any chance of recovery.
Trident Lifeline gets board nod for main board migration
The nano-cap pharma company plans to shift from BSE SME to main boards of BSE and NSE. New independent directors bring financial and pharma expertise.
Kabra Drugs lands ₹200 cr LOI from Chhattisgarh for pharma plant
The nano-cap pharma firm received a letter of intent from the state government for a facility at Nava Raipur Pharma Park, an investment worth over 3.5 times its market cap.
Relic Technologies hires pharma veteran Srivastava as CEO; Iyer exits
The nano-cap company, pivoting to pharma with near-zero revenue, appoints a 25-year pharma sales veteran as whole-time director and CEO, replacing Karthik Iyer.
Atishay bags ₹11.16 cr order for 2.25 cr health cards
West Bengal health department contract covers eight districts and nine-month delivery. Company already executing similar projects in six other states.
Srigee DLM targets ₹100 cr revenue, bets big on new factory
Management sets a ₹100 cr FY27 target, more than doubling FY26's ₹72.3 cr, and eyes ₹200-250 cr in FY28. A 10,850 sqm campus will be commissioned by Diwali, funded by IPO proceeds and debt.
Kranti gets ECLGS loan from HDFC, amount undisclosed
The working capital loan under the government-backed scheme lacks a disclosed quantum, making its materiality unclear for the ₹75-crore nano-cap.
Lender invokes Pushpa Pungalia's pledged shares in Vishnu Prakash R Punglia
After months of margin shortfall pledges, the bank enforces on 3.2 million shares, leaving promoter with just 0.23% stake. Company already bleeding ₹156 cr cash loss.
Lippi gets a new 5.45% shareholder — non-promoter duo buys in
Guttikonda Rajasekhar and Guttikonda Vara Lakshmi acquire 3,81,216 shares worth ~₹5.5 cr on June 11, 2026. The stake is material for the ₹102 cr nano-cap engineering company.
Another large Bacil Pharma shareholder sells 5.57% stake
Manubhai Amrutlal Shah reduced holding to 12.77% on June 10. It's the second substantial open-market sale in a week for the zero-revenue nano-cap.