Tipsheet
What matters at India’s listed companies
Archive / Micro cap / Page 7

Micro cap

Mon · 06 Jul
5
Finance - NBFC

Enbee promoter Galla buys 0.52% stake as peers sell down

Amarr Narendra Galla picks up 36.60 lakh shares on-market for ~₹1.1 lakh, raising his holding to 10.77% while other promoter group members exit.

ENBETRD Micro cap 6:34 PM
5
Earnings · Business Support

Ecos Mobility recommends ₹2.38/share final dividend for FY26

The board's recommendation closes last week's meeting flag, but the routine payout for this micro-cap is unlikely to alter investor models.

ECOSMOBLTY Micro cap 6:31 PM
7
Finance - Investment

Sharp Investments to seal acquisition via share swap, fundraise on same day

The ₹9-cr nano-cap finalises its Rajal Lefin deal at a July 13 board meeting, with a preferential issue and auditor change also on the table.

SHARPINV Micro cap 6:20 PM
7
Finance - NBFC

Kinetic Trust to weigh preferential issue; authorised capital on table

The nano-cap NBFC's board meets July 10 to consider a preferential equity or warrants issue. No quantum disclosed, but any fundraise is material relative to its ₹10 cr market cap and 3.8x debt/equity.

KINETRU Micro cap 6:13 PM
5
Leather

Oscar Global fills CFO gap with related-party appointment

Gopal Bhatter, already a director, takes over as CFO from July 5, 2026. The role had been vacant since April's board restructuring.

OSCARGLO Micro cap 5:58 PM
5
Trading

Aerpace board to weigh preferential issue, no details yet

The micro-cap company's board meets July 9 to consider issuing equity or convertible warrants. Size, price, and investor remain unknown, keeping the move a placeholder until specifics emerge.

AERPACE Micro cap 5:49 PM
8
Credit · Textile

Callista promoter grabs 15,25,000 warrants

Jayantilal Keshavbhai Parmar puts ₹38.12 lakh upfront for warrants worth ₹1.53 crore, the second such purchase in July alone.

CHPLIND Micro cap 5:47 PM
7
Pharmaceuticals

Gujarat Inject fills top post after chairman's death, but new MD is from plastics

The board appoints Murli Nair as MD for a three-year term effective July 6, replacing Deepak Bachwani who died June 23. Nair's background is in plastics, not solar, a potential friction point given the company's pivot.

GUJINJEC Micro cap 5:46 PM
7
Order Wins · Engineering

South West Pinnacle wins ₹5.89 cr order from Coal India arm

The order from CMPDI for Jharkhand coal exploration is small relative to revenue but adds a reputed PSU client to the micro-cap's order book.

SOUTHWEST Micro cap 5:36 PM
8
Order Wins · Plastic Products

Chiraharit bags ₹3.61 cr solar order from Amara Raja Infra

The order for pipes and fittings in a solar module cleaning system is about 7.7% of its ₹47 cr market cap, coming days after a ₹4.50 cr contract.

CHIRAHARIT Micro cap 5:30 PM
8
Finance - NBFC

Minolta Finance loses all servers, email, data in cyberattack

The nano-cap NBFC's entire IT infrastructure was compromised on July 3, 2026. With a ₹48 cr rights issue pending, the hack threatens business continuity and investor confidence.

MINOLTAF Micro cap 5:27 PM
7
Trading

Shashank Traders pivots to EV manufacturing, seeks ₹50 cr capital hike

The nano-cap board approved a complete recast from trading to EV manufacturing and seeks shareholder nod on a 14x capital raise and two acquisitions.

SHASHANK Micro cap 5:24 PM
7
Chemicals

Span Divergent hit with ₹24.56 lakh arbitration award, plans challenge

Gujarat High Court Arbitration Centre orders payment to former employee. Amount is ~1.5% of market cap but may not be final as company contests.

SDL Micro cap 5:19 PM
9
Engineering - Construction

A2Z Infra's MD Amit Mittal gets bail after 50 days in custody

Chhattisgarh High Court finds no independent evidence linking him to alleged liquor contract irregularities, removing a key-person risk at the struggling nano-cap.

A2ZINFRA Micro cap 5:14 PM
6
IT - Software

Kellton Tech enters GCC via Kuwait JV, takes 49% stake

Kellton's EU subsidiary will hold a minority share in a new venture with Action Energy, targeting the Gulf region from Doha. No investment outlay or revenue forecast disclosed.

KELLTONTEC Micro cap 5:09 PM
8
Logistics

Inter State Oil signs MoU with CONCOR, June volumes hit 29,170 MT

The nano-cap logistics firm will serve as Transport Associate at CTC Shalimar and ICD Amingaon, opening multimodal rail-linked business. June cargo rose 26% month-on-month.

INTSTOIL Micro cap 4:54 PM
6
Engineering - Industrial Equipments

Zodiac Energy sets up solar subsidiaries in India, Zambia; details thin

Board approves wholly owned units for generation and EPC, but no investment figures or timelines. ESOP allotment of 28,943 shares is negligible.

ZODIAC Micro cap 4:46 PM
6
IT - Software

Novus Loyalty builds an AI engine but won't say when it ships

The ₹219-cr nano-cap is developing NoCXy AI with IPO proceeds, but gives no launch date or revenue guidance. The platform is aspirational; the market already knew about a product pivot.

NOVUS Micro cap 4:28 PM
8
Order Wins · Rubber Products

Defrail lands first export order from Malaysian auto supplier

Vendor registration with TEK Automotive Malaysia opens the door for larger deals, though the initial order is just ₹42,000.

DEFRAIL Micro cap 4:24 PM
7
Plastic Products

Tirth Plastic corrects fundraise instrument: warrants, not shares

The board inadvertently approved equity shares; the correction replaces them with convertible warrants, deferring dilution for a nano-cap raising more than its market cap.

TIRTPLS Micro cap 4:15 PM
8
Order Wins · IT - Software

Sattrix lands ₹12.51 cr in cybersecurity orders, 20.6% of FY26 revenue

The orders, announced July 6, span India and UAE. MD Sachhin Gajjaer says the wins reflect continued customer confidence in technical expertise and execution.

SATTRIX Micro cap 3:49 PM
5
Finance - NBFC

Geetanjali Credit names MD as CFO; bigger troubles remain

Dharmendra Vyas adds CFO role to his MD hat, filling a casual vacancy. The nano-cap NBFC is still grappling with unverified loans and a tax demand larger than its ₹3 crore market cap.

GEETANJ Micro cap 3:40 PM
7
Engineering - Construction

Madhucon wipes out ₹31.44 cr PNB default, reports zero dues

Madhucon Projects cleared a ₹31.44 crore default to Punjab National Bank disclosed for March 2026. As of June 30, it reports nil defaults, with total indebtedness of ₹153.81 crore but no fund-based borrowings outstanding.

MADHUCON Micro cap 3:34 PM
6
Trading

Arvaya Healthcare to weigh acquisition, fundraise on July 11

The nano-cap will consider buying Sushodha Institute of Gastroenterology, approval of related party transactions with its new ED, and a rights issue and preferential share swap. No terms disclosed.

BIJHANS Micro cap 3:21 PM
5
Order Wins · Engineering - Industrial Equipments

Admach Systems nabs ₹94 lakh NDT order, total order book at ₹82 cr

The domestic order for non-destructive testing equipment comes with 30% advance; order book exceeds annual revenue.

ADMACH Micro cap 2:58 PM