Mid cap
Star Cement wins preferred bid for Assam limestone block with 207.8 MT reserves
The 123-hectare Boro Lakhindong West Block strengthens captive supply for the company's northeast operations and supports its ₹1,500 crore capex plan.
Shilpa Medicare commissions ADC facility, targets global CDMO play
The Dharwad plant is fully operational and entering GMP qualification; the company aims to become a cost-competitive CDMO partner for oncology drug makers.
CleanMax backs five SPVs with ₹474 cr in guarantees
The guarantees equal 24.8% of FY26 revenue, funding project debt for subsidiaries including Clean Max Theia (₹372 cr).
SIS board to weigh buyback on June 29
Mid-cap security firm signals confidence. Trading window shut ahead of price-sensitive board meet.
Rashi Peripherals buys 67% of VDA Infosolutions for ₹368.50 cr
All-cash deal gives Rashi entry into enterprise IT solutions. VDA's revenue fell 18% in FY26 but the acquisition is strategically significant.
City Union Bank plans ₹500 cr QIP, sets dividend record date
Board approves QIP up to ₹500 crore subject to shareholder nod at 14 August AGM; record date for ₹2 dividend fixed at 31 July.
Honasa Consumer buys 58% of Fluence Pharma for ₹135 cr
The Mamaearth parent gains patented cyclical nutrition therapy brands but the deal is tiny relative to its ₹13,690 cr market cap.
Ircon wins ₹198 cr smart grid order, but scale is modest
A ₹763 cr JV contract for Agartala's power network adds to Ircon's order book, but at 2.1% of revenue it won't reverse the recent slowdown.
CRISIL upgrades TD Power Systems to AA-/Stable, A1+
One-notch upgrade covering **₹488 cr** of bank facilities validates strong financials and near-zero debt. Stable outlook points to sustained performance.
Ola Electric gets first BIS nod for Indian-made 46100 LFP cell
The certification validates safety and performance of Ola's in-house cell, expanding beyond NMC 4680. Strategic but financial impact not yet quantifiable; company posts ₹500 cr quarterly net loss.
RailTel bags ₹334.52 cr Railways order for e-Office upgrade
The contract to upgrade e-Office to version 7.x with mandatory digital signatures is worth 7.8% of annual revenue and provides five-year revenue visibility.
Lloyds Engg promoter frees 2.3 cr shares from Tata Capital pledge
Lloyds Enterprises released pledge on 2.30 crore shares, reducing encumbered holding from 18.41% to 13.65% of promoter stake. The move signals improved financial flexibility.
Transrail Lighting picks up ₹10 cr cooling-tower firm; DMD exits
Two board decisions in one meeting: a de minimis acquisition of a fellow subsidiary and the resignation of a deputy managing director for personal reasons.
Nava Ltd merges two Singapore subs in internal restructure
The amalgamation of Nava Healthcare into Nava Global consolidates investments under one entity with no cash consideration or change in shareholding.
Birla Corp opens Bikram coal mine, targets cost savings
The captive mine in Shahdol, MP started commercial production on June 22, 2026. A key step to lower fuel costs, but no volumes or savings disclosed.
Ashish Dhawan crosses 5% in Religare with ₹74 cr buy
The veteran investor bought shares and converted warrants, pushing his diluted stake to 5.42% and triggering SEBI disclosure.
Aavas denies NHB rumour — but scrutiny lingers
The housing financier refutes reports of loan classification discrepancies and NHB facility reversals as misleading and malicious. But the denial comes after a double exit of CFO and CRO, and an ongoing NHB inspection remains open.
Knowledge Marine insiders sell ₹100 cr, cut stake 2%
Whole-time director and COO sold 512,820 shares at ₹196 each, reducing promoter holding to 30.47%. The sale comes days after a ₹66-cr order win and a 60% profit jump.
Aavas loses CFO and CRO in double exit
Both top finance and risk officers resign simultaneously, effective September 2026; interim replacements appointed from within.
Knowledge Marine lands first external shipbuilding order — ₹66 cr for hybrid ferries
Subsidiary Knowledge Shipyard wins a ₹66.11 crore government contract for 10 hybrid electric passenger ferries, marking entry into green inland water transport under Harit Nauka guidelines.
Power Mech lands ₹1,008.90 cr JSW thermal plant contract
The order from JSW Group is nearly four times the size of the Adani contract announced last month and boosts the order book substantially.
Home First to meet Enam Holdings at JM Financial conference
The housing finance company will hold one-on-one meetings and branch visits with the prominent institutional investor, signaling possible interest. No new financials or guidance were disclosed.
Chennai Petroleum gets Navratna status, gains autonomy on capex, JVs
The government's classification gives the mid-cap refiner more freedom to invest without central approval. A strategic upgrade for a company with ₹16,347 cr market cap.
Gravita's material arm gets rating upgrade from Infomerics
Rashtriya Metal Industries' bank loan facilities of ₹295 cr raised to IVR AA/Stable, short-term to IVR A1+.
Knowledge Marine pushes green tug by 1-2 years, eyes new dredgers
The company's flagship green tug project slips to 2028-2029 from mid-2027. A second fundraising of ₹150-200 cr is planned to buy two new dredgers.