Micro cap
Esha Media wants to borrow ₹50 cr. That's nearly triple its own market cap.
The nano-cap's board seeks shareholder approval for debt that would dwarf its market value, after already breaching statutory limits without prior consent.
Desco Infratech gets its first credit rating from India Ratings
A first-time investment-grade stamp on ₹11 crore in bank loans for the nano-cap EPC contractor.
PPAP Automotive partners with Hutchinson for body-sealing tech
The nano-cap auto-parts maker will use Hutchinson's licensed know-how to make advanced sealing systems for Indian passenger vehicles.
Dhruv's ₹19.34 cr railway win equals 36.5% of its market cap
The nano-cap consultancy's first major rail mandate from South East Central Railway is for a 140 km electrified line in Chhattisgarh.
Uttam Sugar's debt gets cheaper as India Ratings lifts rating to IND A
A one-notch upgrade on **₹1,000 cr** in bank facilities lowers borrowing costs for a micro-cap whose debt is larger than its market value.
BCPL wins ₹13 cr contract worth a tenth of its own market cap
The railway electrification order from South East Central Railway is large enough to materially move the nano-cap's near-term revenue.
Duroply's CFO quit. The company has no backup plan.
Vijay Kumar Yadav resigned on June 10 with immediate effect. The plywood maker has no named successor or transition plan.
Naapbooks forfeits ₹2.26 cr as warrant holders walk away
The board reversed its own plan to allot shares, forfeiting upfront payments on 14,84,515 warrants after holders missed the 18-month deadline.
Smiths & Founders explores merger with SKF Elixer India
A nano-cap with a ₹80 cr market cap has begun the process of combining with a private company. No financial terms have been disclosed.
HRH Next's concall recap is a procedural record, not a market update.
The ₹100 crore FY27 target, ₹7 crore AINA revenue, and a large POC opportunity were all disclosed on the live call. This filing adds nothing.
Aksh Optifibre cleared for insolvency after NCLT split decision
The NCLT Jaipur bench's third member upheld a creditor's insolvency petition. Aksh Optifibre has appealed to NCLAT, but creditor actions are mounting.
Umiya Mobile plans 23 new stores but says nothing about the cost.
The mobile-phone retailer wants to expand its Gujarat, Madhya Pradesh, and Maharashtra network. The proposal carries no financial detail.
Rajasthan Tube promoters sold 2M shares, deny control
Harish Chand Jain and family sold over 2 million shares in FY26 and claim they haven't controlled the company since June 2025. Their names remain in the promoter register pending regulatory updates.
Khyati swings to profit but auditor flags land advances and revenue issues
Audited results show a ₹30 lakh Q4 profit after losses, but the auditor qualified the report on multiple governance grounds.
Srigee DLM doubles H2 profit, full-year revenue flat
The nano-cap's H2 revenue jumped 46% to ₹51.4 crore and net profit more than doubled to ₹5.5 crore, but full-year revenue was flat at ₹72.3 crore.
Yash Innoventures turns to MD for ₹10 cr loan after stake sale
The board will meet June 13 to accept an unsecured loan from Managing Director Gnanesh Bhagat at 8% interest, after he sold nearly 6% of his promoter stake in the past four months.
Shervani's ₹60.8 cr short-term debt was a typo. Now it's long-term.
A corrigendum moves nearly ₹60 crore of borrowings from current to non-current liabilities. The company's short-term liquidity scare has vanished.
Heranba's insolvency threat dissolves after settlement with creditor
The NCLT has allowed withdrawal of the IBC petition filed by Haresh Petrochem. The terms of the settlement are undisclosed.
Wanbury clears TGA inspection, nears entry into Australia with three APIs
A successful TGA quality check at Tanuku puts Wanbury one step away from shipping three new active ingredients to Australia. For a ₹913 cr market-cap drugmaker, the regulatory clearance opens a new export market.
Sunita Tools lands first cash order for artillery shells
The ₹417 cr market-cap company has moved from non-binding memos to a paid prototype delivery and a vendor approval in the US defence supply chain.
Glittek promoter buys back ICICI Bank's entire 8.55% stake
The promoter consolidates control ahead of a mandatory open offer at ₹12.65, while the stock trades at ₹44.78.
MM Rubber's CFO quits. The replacement started the next day.
M M Kushalappa left on June 10 citing personal commitments. Mrs. Poornima M was named his successor on June 11.
Highness Microelectronics' transcript confirms FY27 guidance of ₹30-32 cr
A full transcript of the June 4 call adds detail to guidance the market already digested. Management is targeting ₹30-32 cr in revenue for FY27 and a 35% EBITDA margin.
Institutional funds take 8% stake in tiny Maniveni Foods ahead of listing
Longthrive Capital VCC and Gamma View Funds acquired a combined 7.97% stake in the nano-cap company through a pre-IPO allotment. The market cap is just ₹77 crore.
Shree Marutinandan wins ₹42.5L fire-fighting order in Jammu & Kashmir
A nano-cap wins a small government-related contract. The order is just 0.28% of annual revenue but exceeds the company's own materiality threshold.