Mid cap
Suven Life Sciences plans $100M Singapore subsidiary for neuro drugs
The clinical-stage biopharma is committing over 10% of its market cap to a Singapore entity focused on neurological therapies. It also converted warrants and reappointed an independent director.
Natco Pharma invests ₹1,400 cr in SA sub, hikes Adcock stake to 49%
Board approves two major capital commitments: a ₹1,400 cr infusion in its wholly owned subsidiary and a ₹1,069 cr acquisition of an additional 13.25% in Adcock Ingram, taking holding to 49%.
Crisil turns positive on Gokul Agro, but rating stays at A/A1
Outlook revised to Positive from Stable. Rated bank debt enhanced to ₹4,420 crore reflecting growth. Yet the rating itself hasn't moved.
KFin Tech's Finex programme lifts same-day SIP registration to 90%
The in-house platform, built by 250+ engineers, uses AI to convert a multi-week process into same-day, putting capital to work from day one for investors.
Midwest signs rare earth MoU with Indonesia's state miner PERMINAS
Non-binding framework spans exploration to magnet manufacturing; no financial terms disclosed. Early-stage venture with a joint working group to follow.
Tilaknagar hits record 3.4M cases in June, besting May's 3M
For the second straight month, volumes crossed 3 million cases, led by Imperial Blue Whisky. But the filing lacks revenue or profit numbers, keeping the focus on margin delivery.
Leela named world's #2 hotel brand in Travel + Leisure 2026 survey
The Leela Palace Udaipur and New Delhi also placed top in India categories. The award, while prestigious, continues a streak of top rankings and carries no direct financial impact.
South Indian Bank gets RBI nod for new CEO from Canara Bank
Mr. Mahesh Muralidhar Pai, an external candidate with three decades of experience, to lead the bank for three years starting Oct 1, 2026.
Inox India lands ₹939 cr in orders, space mega-deal leads
The order inflow since 21 May spans industrial gas, LNG, and cryo-scientific, with ₹871 cr from industrial gas alone.
Edelweiss sets up US advisory arm, but keeps its wallet shut
The new unit, Edelweiss Investments & Advisory Services Inc., was incorporated on July 2. But Edelweiss gave no capital commitment or revenue view, leaving it a placeholder more than a pivot.
Dilip Buildcon faces landslide at Wayanad tunnel, impact unquantified
Heavy monsoon triggered landslide at Anakkampoyil–Kalladi–Meppadi tunnel project. Company says it's cooperating with relief, but no damage or cost estimates disclosed.
Amagi holds educational AI webinar; no company-specific data revealed
The July 7 session covered AI's deflationary effect on content creation and agentic automation, but management offered no financial guidance or operational metrics.
Shilpa Medicare lands credit upgrade to IND AA-
India Ratings lifts the company one notch to a higher investment-grade category, citing improved financials. The upgrade covers **₹1,100 M** in parent bank loans.
RCF board clears ₹1,500 cr FPO, adds power and explosives to business scope
The equity offering is 21% of market cap. MoA changes hint at a strategic pivot into power generation, explosives, and logistics.
PN Gadgil's retail revenue jumps 56% on 46% same-store growth
Organic demand drives sharp same-store sales; studded jewellery mix improves to 10.9%. Company reiterates FY27 margin guidance and store expansion to 103 outlets.
RateGain lands Philippine Airlines, but deal value stays hidden
Another flag carrier signs for AirGain pricing, but without a contract figure the partnership does little to move the needle for a ₹9,959 cr company tracking ₹3,000+ cr revenue.
CleanMax commissions 530 MW in a quarter — a record
The addition lifts operating portfolio to 4.2 GW, with an estimated annual revenue impact of ₹280 crore. Tech and data centre clients are driving demand.
Apollo Micro approves ₹3,322 cr preferential issue
The defence electronics firm will issue equity shares and warrants at ₹416.60 each to investors like Tata Mutual Fund and Saint Capital. The raise is 21% of its market cap.
Embassy lifts NCD ceiling 4x to ₹1,570 cr
Approval adds ₹1,170 cr in debt-raising capacity for a mid-cap developer that lost ₹326 cr last quarter.
RITES lands ₹300 cr locomotive order from South Africa's Volantis
The ₹300 crore order for 4000 HP cape gauge locomotives equals 12% of FY26 revenue, adding depth to RITES' African export pipeline. Formal contract signing awaits due diligence.
Trident board approves ESOP covering 5% of equity
Up to 25.47 crore stock options at market price, pending shareholder nod. Plan comes amid falling revenue and a recent CFO exit.
Bharat Coking Coal must deposit ₹39.83 crore after contempt order
The Jharkhand High Court ordered the deposit over a 2000 tribunal award for regularisation of 75 workmen. Total exposure is ₹48.11 crore, but the sum is small for the PSU.
GE Power swings to ₹277 cr profit, demerges loss-making plant
8-fold net worth increase, 25% CAGR in service order bookings, and a demerger that offloads a chronic drag. No FY27 guidance, but the narrative has changed.
Kwality Wall's parent opens R&D centre in Bengaluru
The Magnum Ice Cream Company's 13,000 sq ft innovation hub in Whitefield aims to accelerate product development for Kwality Wall's brands, but carries no immediate financial impact.
Vikram Solar fires up Gangaikondan mega-plant, targets 9 GW cell by FY27
First Hypersol N-Type TOPCon module produced at 6 lakh sq ft fully automated facility. Roadmap includes 12 GW wafer/ingot by FY30.