Small cap
Likhitha raises ₹60 cr via warrants after profit crashes 77%
The board approved up to 25 lakh convertible warrants at ₹240 each to promoter and 19 others, as Q4 net profit fell 77% YoY. The offer represents 6.2% of market cap.
GHV Infra lands ₹213 cr order from related party for railway work
The order is 35% of FY26 revenue and must be completed in 14 months. Counterparty is promoter-linked but at arm's length.
Foseco India gets ₹11.99 cr for subsidiary stake, vs ₹134.75 cr estimate
Actual proceeds from selling 1.77% of Foseco Crucible were 91% below the May estimate, but the deal is only 0.3% of market cap.
Punjab Chemicals' largest non-promoter holder trims stake by 3.4% in June
Gowal Consulting cut its holding from 24.47% to 21.04% through open-market sales over four sessions, reducing a position worth roughly ₹40 crore.
Shree Refrigerations lands repeat Navy order — ACs on PM-commissioned warships
Shree Refrigerations' AC plants on second set of PM-commissioned warships. New 50,000 sq ft plant doubles capacity, supporting 40% CAGR target.
Tinna Rubber dispatches first batch from new Varale plant
The recovered carbon black and tyre pyrolysis oil facility came online ahead of a previously postponed timeline, with annual revenue contribution pegged at ₹50-55 crore — roughly 10% of FY26's ₹533 crore turnover.
Asian Energy lands ₹187.6 cr GSECL order, its first outside Coal India
The turnkey EPC contract for Ukai Thermal Power Station adds 24% of FY26 revenue to the order book and diversifies the client base into state utilities.
Precision Camshafts locks in ₹1,500 cr order book, but faces 50% aluminum cost spike
Q4 concall reveals EV heavy-commercial vehicle MOU worth ₹60-70 cr annualised; ₹100-120 cr capex planned. Management expects margin normalization in 2-3 quarters.
Flair Writing lands ₹20 cr orders from large-format stores
New orders for its Creative and Steel Bottles & Houseware division, which grew 78% in FY26. But ₹20 cr is just 1.6% of annual revenue.
Blue Cloud Softech takes a non-binding AI bet with SpaceX International
The IT firm set up an information exchange framework with a globally recognized brand. No financial terms, no due diligence, no binding agreement.
Utkarsh Small Finance Bank locks in ₹500 cr Tier II bond plan after ₹188 cr loss
The bond issue equals roughly 19% of market cap and will strengthen the bank's Tier II capital base as it pivots to secured lending.
Pace Digitek commits ₹200 cr to quadruple battery storage capacity
The formal board approval turns a May guidance into capital expenditure. A new 5 GWh line and in-house container fabrication will be phased in this fiscal, funded through internal accruals.
Refex lands ₹29 cr ash transport order, its second in weeks
The 12-month contract from a Maharatna firm for NHAI road projects adds to order book but is modest at ~1.4% of revenue.
Virtuoso lands ₹85 cr from Malabar Fund, promoters via preferential issue
Malabar India Fund puts in ₹50 cr, India Insight Value Fund ₹10 cr; promoter group takes ₹25 cr in warrants. Allotments await shareholder nod on July 12.
Kolte-Patil slapped with ₹103.8 cr GST notice, penalty hiked by ₹39.4 cr
Maharashtra GST authorities issued show cause notices on 19 June 2026 for liability on development rights and construction services from 2020-2026. The company contests the levy as legally unsustainable.
Deep Industries locks in ₹84 cr ONGC gas compression contract
Three-year charter hire at Assam facility worth 9.4% of FY26 revenue; adds to ₹3,000 cr order book
Century Enka inks PPA for captive wind-solar hybrid plant
The 9.9 MW facility will power the Bhosari factory under related-party terms. Commissioning targeted by June 2026.
Antelopus Selan courts Old Bridge, Helios in Mumbai roadshow
The small-cap E&P firm will hold one-on-one meetings with two marquee fund managers on June 24-25, signaling potential institutional interest after a recent credit rating upgrade to IND A.
SPML Infra gets CRISIL A3+ for ₹60 cr CP programme
First-time short-term rating gives micro-cap infra firm access to commercial paper market to fund ₹5,369 cr order book and working capital.
Elpro promoters pledge 74.73% of company to fund delisting
Elpro's promoters have encumbered nearly their entire 75% stake as collateral for ₹420 crore in debentures, earmarked for the voluntary delisting and debt repayment.
Texmaco Rail lands ₹253 cr JSW wagon order
The LOI from a JSW unit covers BFNSM1 rakes and BVCM wagons, delivery within 13.5 months. The order adds to a record ₹4,045 cr export deal but remains non-binding.
Som Distilleries loses Bhopal plant license for FY27, recovery derailed
MP Excise Department rejects new license for the core Bhopal unit, already suspended since early 2026. The company had guided ₹1,400-1,500 crore FY27 revenue, now even that looks out of reach.
Divgi TTS bags 5-year AWD order from Indian OEM, production from FY28
Divgi TTS wins 5-year AWD order from Indian OEM for SUV components, production from Q1 FY28. No value disclosed. Approximately 6,000 units/year.
Windsor Machines locks in ₹149.99 cr from single investor
Vinit Bediya converts 1.04 crore warrants at ₹191.85 each, taking his stake to 10.25% and infusing nearly 5% of market cap into the engineering firm.
Goodluck India bags ₹255 cr defence order for 155mm shells
The largest single contract for its defence vertical adds material heft to an ₹1,800 cr order book, to be executed within 10 months.