Micro cap
Onward Tech board to consider Q1 results on July 16
Routine intimation of a board meeting to approve unaudited June-quarter numbers. The trading window reopens 48 hours after results.
Future Consumer enters insolvency as NCLT admits ₹263.77 cr default
The default is four times the company's ₹62 cr market cap. Defenses citing Reliance deal and arbitration fail. Control shifts to IRP.
Rose Merc board to mull fundraise, FinTech COO
The July 14 meet will also consider altering the Object Clause and granting ESOPs exceeding 1% of issued capital. No issue size disclosed.
N2N Technologies posts ₹2.78 cr loss, auditor flags multiple red flags
The nano-cap swung from a ₹1.31 cr profit to a ₹2.78 cr loss as income halved and write-offs surged. Audit was delayed because statutory auditors hadn't been paid.
Kahan Packaging to mull bonus issue at July 11 board meet
The nano-cap packaging firm will also discuss increasing authorised capital. No ratio or size disclosed yet.
SEBI bans Kanungo Financiers for four years, fines ₹50 lakh over manipulation scheme
The micro-cap NBFC was a conduit in Hanif Shekh's multi-scrip ring. The penalty alone is 12.5% of its market cap.
Digicontent's board to weigh fundraise on July 11
The nano-cap publisher will consider equity, convertible securities, or debt. Trading window is shut ahead of the June-quarter results.
Shree Krishna Infrastructure approves rights issue, triples authorised capital
The board's green light for a rights issue and a jump in authorised capital from ₹12.5 cr to ₹40 cr signals a large equity raise for a nano-cap with an ₹8 cr market cap.
HT Media board to weigh fundraise options on July 11
Board to meet Saturday to evaluate issuing securities. No size or instrument decided; trading window closed. The company holds ₹1,000 cr cash after recent asset sales.
CITYSQUARE board wants to repurpose ₹18.4 cr IPO cash without saying why
The nano-cap retailer's board approved altering the objects of its ₹18.4 crore IPO from September 2025. Shareholders will vote via postal ballot, but no details on the new use of proceeds have been disclosed.
Deccan Cements says Crisil downgraded loans it already repaid
The agency cut the long-term rating to BB from BBB with a non-cooperation tag. The company insists all term loans were fully paid off before the July 6 action, but Crisil didn't verify.
GSB Finance board to mull fundraise, name change on July 13
The ₹20 cr nano-cap will also consider increasing authorised capital. Shareholders to vote later. Fresh equity could sharply dilute holdings.
Nimbus Projects' Q1 pre-sales jump 134% to ₹157 cr
Pre-sales booking value hits ₹157.36 crore, customer collections rise 49.75% to ₹75.91 crore. Chairman cites Noida corridor demand, reiterates expansion plans.
Innovision bags ₹27.5 cr NHAI toll contract for Tamil Nadu plaza
The one-year order from NHAI for Kariyamanglam Fee Plaza is material at ~4% of market cap, adding to a consistent run of highway fee-collection mandates.
Maximus backs Kenya unit with ₹10.64 cr guarantee
The corporate guarantee for a step-down subsidiary's credit facility equals about 5.9% of the nano-cap's market capitalization, adding a material contingent liability.
Magnus Steel's MD quits weeks after appointment; board reverts to previous boss
Chinmay Pradhan resigns as MD barely weeks into the role, along with two other directors. Karronn Bajaj, whom Pradhan had replaced, is back as MD.
Indbank Merchant Banking posts 11% profit growth in Q1 FY27
Net profit rises to ₹237.53 lakhs from ₹213.89 lakhs a year ago, with total income at ₹690.48 lakhs. An unmodified audit opinion and no exceptional items make this a routine quarter.
Indbank Merchant Banking profit climbs 11% to ₹237.53 lakhs in Q1
Fee and commission income pushes total income to ₹690.48 lakhs; auditor issues unmodified limited review opinion.
Supra Pacific's loan book hits ₹346 cr, GNPA stays low
Q1 business update shows a gold-heavy loan book and a gross NPA ratio of 1.3%. The nano-cap lender's moderate asset contraction and manageable credit quality are unlikely to move the stock.
Tejassvi Aaharam's ₹51 cr preferential issue dwarfs its market cap
BSE approves a share swap issue worth ₹51.16 crore for Tejassvi Aaharam, a nano-cap with a market cap of just ₹37 crore. The deal will dilute existing shareholders by over 100% and likely involves an asset acquisition.
RMC Switchgears lands ₹23.63 cr solar pump order from MAHAVITRAN
The 5-year contract under PM KUSUM adds ~5.9% to FY26 revenue and diversifies into solar, providing long-term visibility.
BIL Vyapar's auditor flags unresolved guarantees, negative net worth
Auditors issued a disclaimer of opinion as the insolvent company prepared accounts on a liquidation basis, reporting a net loss of ₹3.34 lakh for FY26 versus a profit of ₹681.19 lakh in the prior year.
United Drilling Tools enters ₹2,600 cr premium casing market
The nano-cap has deployed 5,000 metres of 7-inch premium production casing at an Oil India gas well in Assam, opening the door to tenders from ONGC, Reliance, and Vedanta.
Cryogenic OGS lands second Fimer order, ₹5.27 cr for busbar kits
Repeat business from global solar inverter maker validates Infravolt's role in renewable supply chain; order represents over 10% of FY26 revenue.
Standard Capital Markets bets ₹1,200 cr on solar, 11x its market cap
A tiny NBFC jumps into renewables with a CCPS investment in Sunbridge Solar that dwarfs every conventional measure of materiality. The financing challenge is immense.