Small cap
John Cockerill India lands ₹85-90 cr order from JSW JFE for CRGO furnaces
The order adds to a ₹33 bn backlog and deepens ties with the JSW group. Completion is set for 15 months from June 2026.
Zaggle signs 5-year PNB cobrand deal, no revenue terms
The fintech can sell PNB's retail card to its corporate clients, but the filing discloses no guaranteed revenue or minimum commitment.
Sumeet Industries lays out ₹199.75 cr rights issue use, guides 30% growth
The company allocates ₹100 cr to working capital and ₹49.90 cr to integrate the Nakoda plant, with explicit revenue guidance of ~₹1,370 cr in FY27 and nearly doubling in FY28, plus EBITDA margin targets of 5-6.5%.
Steel Exchange slashes FY27 volume growth target from ~100% to 25-35%
Management, which had earlier projected a doubling of volumes, now guides for a 25-35% rise on a consolidated basis, without a full explanation for the reversal.
Swagat Trexim sells another 2.27% in MSP Steel, now down to 1.44%
Swagat Trexim reduces MSP Steel stake to 1.44% with a ₹52 crore share sale, the second such tranche in two weeks.
Rolex Rings credit upgraded but outlook trimmed to stable
India Ratings lifts Rolex Rings to 'IND A' from 'IND A-' after the company cleared a ₹101 cr liability and built a net cash position. The stable outlook reins in upgrade expectations.
MSP Steel board okays change in warrant fund use; details absent
Variation in use of preferential warrant proceeds requires shareholder nod at EGM on July 14, 2026. The filing offers no specifics on quantum or purpose.
Fire hits BCL's Bathinda distillery; damage yet to be assessed
A fire broke out in an ethanol tanker at BCL Industries' Bathinda distillery on June 19. No injuries were reported, and the fire was controlled by the internal fire department. An investigation and loss assessment are underway.
HOEC transcript repeats known production targets
The Q4 earnings call transcript restates production targets of 10,000-33,000 boe/d and HPCL crude update; no fresh financial guidance.
Carraro India's supply chain chief resigns as input costs pinch
Vijay Raman steps down effective June 19 after submitting resignation on April 22, a 59-day gap in disclosure. Departure follows a recent guidance downgrade.
Arfin India lands ₹300 cr aluminium deox order from JFE Shoji India
The LOI covers 7,400 MT of primary shots, cubes, ingots and wire rod, supply by September 2026. The order is roughly 48% of annual revenue but is non-binding.
Nintec Systems bags €1.1M AI deal with Finnish firm
The perpetual contract, worth ~7% of annual revenue, extends Nintec's AI-first push into the Nordic region and implies recurring revenue.
Deccan Gold's Bhalukona drill hits nickel-copper-PGE; ASSOCHAM award follows
Five of six holes show potentially economic mineralisation. The company targets India's first Ni-Cu-PGE mine, but the project is still early-stage with no resource estimate.
Health X transcript confirms FY30 revenue target of ₹6,000 cr
The Q4 FY26 earnings call transcript, published June 19, also details ₹234 cr capex and JITO private-label sales at ₹30 lakhs/month. No material new information beyond the earlier call.
Kirloskar's restated PAT jumps 63% to ₹503 cr, driven by merger tax boost
Consolidated profit for FY26 gets a **₹141.28 cr** deferred tax asset and **₹110.38 cr** tax reversal from absorbing two wholly-owned entities into subsidiary KFIL. The merger is retrospective from April 2025.
Pennar promoter pledges 2.35% stake for personal loan, first-ever encumbrance
Aditya Rao pledges 31.73 lakh shares to Bajaj Finance, pushing total promoter pledging to 3.46% of equity. The move comes as the warrant allotment to Pennar Holdings goes through as a routine step.
Vintage Coffee flags 14-day annual plant shutdown
Scheduled maintenance at wholly owned subsidiary from June 19 to July 2; Delecto Foods runs as usual. No material impact expected.
Magellanic Cloud plans preferential issue, size under wraps
Board to meet June 25 to consider issuing equity or convertible warrants. Trading window closed. No pricing or quantum disclosed yet.
Imagicaaworld forced to shut water park as dams run dry
Maharashtra irrigation order halts water draw for Khopoli park from June 19; insurance claim uncertain as summer peak coincides with already-crashing earnings.
Arkade fires CSO after internal probe finds data leak
Amita Singh out for transmitting confidential info; company says no material impact but governance concerns mount as real estate developer reports losses and slowing sales.
Dollar sets July vote on scheme to bring trademark in-house
NCLT orders meetings for 22 July 2026 on composite scheme: demerger of Dindayal Texpro's hosiery unit and amalgamation of eight promoter entities, including Dollar Brands, which owns the 'Dollar' trademark.
MSP Steel signs 25-year solar PPA, plans 26% stake in supplier
The steelmaker locks in 10 MWp solar power at ₹3.17/unit under group captive open access, aiming to cut energy costs. A 26% equity stake in Elevate Solar is on the table.
Media Matrix halves guarantee to subsidiary nexG, cuts risk exposure by ₹40 cr
Corporate guarantee on nexG Devices reduced from ₹80 cr to ₹40 cr. The move lowers contingent liability by 2.65% of market cap, a material reduction.
TruAlt Bioenergy lands ₹150 cr government grant for SAF plant
The grant under PM JI-VAN Yojana covers 7-10% of project capex, boosting India's 1% SAF blending target by 2027 and validating TruAlt's strategic direction.
Prime Securities lands ₹1,220 cr M&A advisory mandate
The deal is one of the largest Prime has executed. Estimated fees of ₹12-24 cr represent up to 16% of its annual revenue.