Micro cap
Dr Lalchandani Labs posts profit only because lenders waived ₹61 lacs in debt
Auditors qualified the accounts, flagging NPA classification and unpaid statutory dues since mid-2024. The company holds ₹4.14 cr in cash but won't pay.
Lalchandani Labs auditors flag defaults despite cash reserves
Auditors issued a qualified opinion on FY26 results, documenting loan defaults and missed statutory dues even as the company held cash.
Dr Lalchandani Labs survives on a one-time settlement. Auditors qualify the accounts.
A ₹61.08 lacs one-time settlement gain is the only thing standing between the company and an operational loss. Auditors flagged NPA classification and unpaid statutory dues.
Parmax Pharma turns to a preferential issue after a 57% revenue crash.
A nano-cap with a ₹14 crore market cap, ₹4.16 crore in annual losses, and auditors flagging the Managing Director's fund use is seeking fresh equity.
Amalgamated Electricity wants to raise cash. It has no revenue.
A preferential issue is on the table for a company with zero operating income and a going-concern warning. The board meets June 8.
Aanchal Ispat is raising ₹10 cr via QIP. That's 71% of its market cap.
The steel maker launched a book-built share sale at a floor price of ₹45.45 a share, a capital raise that will dwarf its existing equity base.
SEBI hits Oil Country Tubular with notice over hidden ICDs and unapproved deals
The regulator alleges the company concealed inter-corporate deposits and executed material related-party transactions without any of the required approvals.
AEIM's CFO quits. Same-day appointment.
Muthusamy Palanisamy resigned immediately, citing group restructuring. The board named his replacement in the same meeting.
DC Infotech's FY26 presentation adds nothing new to its earlier earnings release
A routine follow-up to already-disclosed results. The presentation reiterates a growth narrative but carries no new financial data or guidance.
Dharmaj Crop Guard plants ₹50 cr in herbicide capacity after technicals breakeven
The agrochemical maker's loss-making technicals plant is now profitable. Management is scaling herbicide investment and guiding for 18-20% revenue growth next year.
Pro Fin calls board meet to weigh a fundraise
The nano-cap will consider all options, from a rights issue to a QIP, on June 8. No size or structure has been disclosed.
Parmax Pharma revenue halved, auditors flag MD's use of company funds
FY26 revenue fell 57% to ₹12.11 crore as auditors qualified the accounts over unauthorized mutual fund purchases in the managing director's name.
JTL Defence to raise ₹100 cr, a quarter of its market cap
The nano-cap board will seek shareholder approval for a fresh equity infusion. The move comes after a recent return to profitability and a strategic rebranding.
JTL Defence clears a ₹100 cr raise that's a quarter of its market cap
The nano-cap's board green-lit up to ₹100 crore in fresh equity, with the route and pricing still open. The move follows a recent NCLT-approved restructuring.
Supra Pacific wants ₹2,500 crore in assets. The debt market gets the first vote.
The nano-cap NBFC plans a fivefold asset jump from ₹499 crore to ₹2,500 crore in three years. Its immediate hurdle is a public NCD issue to fund the expansion.
GRE Renew flips on 9.67 MW Gujarat solar projects funded by its IPO.
The nano-cap commissioned two ground-mounted projects in Sabarkantha on May 27. They were a core object of its public offering.
Virinchi raises ₹5 cr as nine investors convert warrants
Dwight Technologies and eight others paid the final 75% balance to trigger the allotment of 2 million shares. The cash is a direct boost to a balance sheet with flagged liquidity.
Binny posts profit but auditor flags ₹29 cr in unverified advances
A delayed Q2 filing brings a qualified opinion. The auditor still can't vouch for money advanced to RRB Energy.
Highness wins ₹1.89 cr order for metro ticketing displays
The order for 261 ruggedized units equals 11.7% of the nano-cap's annual revenue, with delivery slated for mid-2026.
Tandhan's subsidiary sent ₹14.92 cr to group entities. It never asked shareholders.
The monitoring agency says the payments deviated from the objects of a ₹126.76 cr preferential issue. The required vote was never held.
Affordable Robotic missed its ₹160 cr guidance and is losing control of ARPL Raas
Standalone revenue hit ₹110 cr, not the ₹160 cr guided. A ₹48 cr investment will push the company's stake in its key subsidiary below 50%.
Innovision loses a whole-time director weeks after its listing
Gurpal Singh quit the board with immediate effect on June 3, citing personal reasons. The micro-cap has not disclosed a replacement.
Promoter group member buys 6.84% of NCL Industries in open market
Kalidindi Ravi acquired a significant stake worth about ₹57 cr, signalling insider confidence in the ₹831 crore building-materials company.
Anlon's Rajkot capex balloons to ₹130 cr; ₹28 cr distributor default disclosed
The contract drugmaker quadrupled its planned spending on a new facility, taking on ₹65-70 crore in debt, and revealed a large receivables default only when pressed in the Q&A.
Finkurve confirms a director it named in April. The loan tweak is the real question.
The board regularized Rajendran Chinna Veerappan's position. More importantly, it modified terms for related-party loans but gave no numbers.