Mid cap
Leela's promoters lock 55.9% equity behind $500M loan
The pledge, created on 24 June 2026, covers 18.67 crore shares and involves eight international banks. Even for a ₹16,000-cr firm, this signals a very large promoter debt burden and risk for public shareholders.
Kirloskar Pneumatic launches India's first indigenous mid-range compressor
The Tezcatlipoca A800 is a 600-980 CFM oil-free centrifugal compressor. No order or revenue details were disclosed, limiting near-term financial impact.
Shilpa Medicare partners with Orion for Nivolumab biosimilar in Europe
Shilpa Biologicals will develop and supply the biosimilar; Orion handles EU regulatory and marketing. Originator Nivolumab had $4.1B in European sales in 2025.
Reliance Power rebrands four subs with AI labels, reveals no plan or capital
The power generator added 'AI' to four subsidiary names but disclosed no investment, partners, or products. The company is fighting losses and a going-concern qualification.
Park Medi World adds 100 beds to Gurugram hospital for ₹25 cr
Umkal Health Care approves 100-bed expansion of Park Hospital in Palam Vihar; operations by Nov 2026.
KEC International lands ₹1,754 cr order, including largest-ever US tower deal
The orders span transmission towers in the Americas and cables contracts, pushing FY27 intake past ₹4,000 cr. Repeat orders signal growing momentum in key markets.
Manorama opens ₹500 cr QIP at ₹1,547 floor price, 5.3% dilution
The company launches the qualified placement after board and shareholder approvals; the floor price gives a tangible reference for valuation impact.
Vedanta Oil & Gas gets ICRA AA+ rating, but details are thin
ICRA's AA+ rating is a credential, not a catalyst, for a debt-free mid-cap that just reported a production drop.
Engineers India gets a permanent CMD, ending interim charge
Atul Gupta, the company's commercial director, takes over as chairman and managing director until September 2029, replacing an additional secretary from the petroleum ministry who held the additional charge.
Kwality Wall's locks in zero royalty for two years, then 1% of turnover
The new IP pact with parent Magnum IP Holdings replaces the transitional post-demerger arrangement, providing clarity on a key cost. Royalty moratorium ends March 2027.
SIS board approves fifth buyback of up to ₹120 crore at ₹478.50
Buyback at 1.95% of market cap signals confidence. Director continuation routine. Final approvals pending.
RITES inks non-binding MoU with CONCOR for logistics PMC
No contract value or guaranteed revenue disclosed. Both are Navratna railway PSUs; the MoU is a standard collaboration with no immediate earnings impact.
Sterling & Wilson lands $560M Egypt solar-storage EPC contract
The 1,000 MW solar plant with 600 MWh battery storage is the company's third gigawatt-scale win in nine months. SWREL's 50% share (₹2,380 crore) equals 31% of FY26 revenue and over 41% of market cap.
Ceigall elevates CEO to whole-time director; adds technical expert
Two appointments and one resignation at the board, all routine governance steps. No financial impact flagged.
Castrol, Tata Motors pilot used-oil circularity in Karnataka
Non-binding MoU covers used-engine-oil collection at Tata service centres. No financial terms or timeline disclosed for full-scale rollout.
Puravankara adds ₹1,000 cr GDV JDA in Sarjapur; Q1 pipeline hits ₹5,200 cr
The 6.4-acre deal on Bengaluru's IT corridor raises first-quarter land additions to ₹5,200 crore, a capital-light pipeline boost.
CarTrade's OLX India ties up with IDFC FIRST Bank for used-car loans
The digital loan partnership targets a used-car market that could hit 9.5 million annual transactions by 2030, but the release disclosed no loan volumes or revenue terms.
Apollo Micro to consider preferential issue; details awaited
The defence firm's board will meet on July 6 to discuss issuing equity or convertible securities. No size or price disclosed yet.
Vikram Solar gets NCLAT stay on ₹9.44 cr insolvency claim
Appellate tribunal halts CIRP over a tiny trade payable. Company, with ₹4,802 cr revenue and zero debt, says financial health is strong.
CGST penalty on Tata Teleservices slashed to ₹7.57 cr; company to contest
The Commissioner reduced the penalty from ₹36.14 crore for alleged Cenvat credit irregularities during FY2009-12. The company disagrees and will appeal.
Embassy takes a bet on Lucknow with ₹1,500 cr office plan
Non-binding MoU with UP government for 2.5–3.0 msf office project. First entry into UP for the Bengaluru-focused developer.
Jubilant Pharmova's ₹107.89 cr tax demand cut to ₹42.41 cr
Rectification order restores ₹65.48 cr in tax losses for subsidiary Jubilant Generics, but the company continues to appeal the remaining amount on merits.
Equitas SFB board clears ₹1,250 cr QIP, ₹500 cr NCD plan
The enabling resolutions need shareholder and regulatory nods but mark a significant equity raise equal to 14% of market cap, alongside an MD&CEO extension and CFO change.
Engineers India signs MoU with Hindustan Copper for mining consultancy
Non-binding agreement covers copper, critical minerals, rare earths; no financial terms or project commitments disclosed.
Saregama picks Sula Vineyards' CFO Abhishek Kapoor as new finance chief
Abhishek Kapoor, a chartered accountant with 25 years of experience, will take over on 15 July 2026. Kuldeep Kothari will serve as interim CFO for the three-week transition.