Small cap
Fineotex Chemical draws Abakkus Asset Manager for Mumbai investor meet
The ₹4,567-cr specialty chemical company will host 11 institutions on June 17, including the closely tracked Abakkus, signaling growing investor interest.
Ashoka Buildcon pays ₹112 cr to enter Gems & Jewellery Park PPP
The company will pay a premium of ₹112.40 crore (3.25% of market cap) for a 30-year lease on a 38,922 sqm site in Raipur via a 51% JV.
Prakash Industries secures environmental nod for coal mine expansion
The clearance is for a 0.2 MTPA capacity expansion (20% increase) at the Bhaskarpara Coal Mine, a routine regulatory step already disclosed in Q3 results. The impact is limited given the company's scale.
NRB Bearings promoter unpledges 20.2% equity in ₹846 cr move
Harshbeena Sahney Zaveri cuts encumbered stake from 31.64% to 11.42% after prepaying loans to Tata Capital and Aditya Birla Capital. The move follows a ₹192 cr block sale by the promoter trust two days earlier.
Virtuoso gets NSE nod for mainboard migration
The BSE SME-listed firm can move **3.18 crore** shares to NSE mainboard within **45 days**, unlocking broader investor access.
Pennar gets go-ahead for ₹50.4 cr promoter warrant issue
NSE and BSE approve 30 lakh convertible warrants at ₹168 each, representing 2.46% of market cap. Promoters signal long-term commitment.
Kirloskar Ferrous PAT nearly doubles to ₹594.74 cr on tax boost
A deferred tax asset of ₹141.28 cr and reversal of ₹110.38 cr tax expense drive the jump. The restated results supersede the May 7 filing.
Fredun targets 25-30% growth in FY27, eyes ₹100 cr mobility run rate
Transcript details plans for hormonal therapies, anti-aging, and pet care platform Wagr; management targets PAT margins of 10-12% in medium term.
EPACK's tax demand cut to ₹5.89 cr from ₹29.03 cr after IT dept rectification
The Income Tax Department reduces a previous demand, but the dispute isn't closed. The remaining ₹5.89 cr is 33% of FY26 PAT, a notable overhang for the small-cap EMS firm.
Capacit'e Infra eyes ₹55 cr via NCDs, board meets June 17
The proposal, equal to ~3% of market cap, is material but awaits board approval. Funds likely for working capital amid recent large order win.
Sundrop promoter pledges fresh 5% stake days after buying it
CAG-Tech immediately encumbers newly acquired shares, pushing total promoter encumbrance to 43.90% — a red flag for a company with zero debt on its books.
MSP Steel promoter group buys 2.6% in ₹60 cr open-market splurge
Saket Agrawal and entities raise holding to 42.82% from 40.22% over nine trading days. The purchase follows a ₹500 cr capex plan and a swing to profit.
SEPC lands ₹673 cr SAIL order, its largest ever
The contract equals 62% of FY26 revenue and could be a lifeline for a company with a 'D' credit rating and ongoing liquidity stress.
JRA Infrastructure enters CIRP; Mrugesh Trading unaffected
NCLT Ahmedabad admitted promoter group company JRA Infrastructure to CIRP over a ₹13.80 crore loan default by HDFC Bank. Mrugesh Trading says its business is unaffected, but a 120-day negotiation window is open.
Health X targets ₹6,000 cr FY30 revenue, Q1 hits ₹400 cr
FY26 revenue rose 18% to ₹1,283 cr, EBITDA loss narrowed to ₹65 cr. Management targets 5x growth with ₹424 cr warehouse capex, partly debt-funded.
RACL Geartech guides ₹565 cr FY27 revenue, new project timelines in focus
Management sees 10% revenue growth to ₹565 cr, led by new orders from Royal Enfield, Kawasaki, and BMW. Q4 revenue jumped 48%; net profit surged. Exports at 75% of sales.
Schneider Electric President Systems gets BSE main board listing nod
The nano-cap firm moves from Metropolitan Stock Exchange to BSE's main board, a more liquid platform. But no fresh capital comes in.
Onix Solar promoter sells ₹26 cr of shares, stake dips to 54.60%
Promoter Onix Renewable sold 1.84% equity off-market just after a ₹60 cr rights issue. The signal is mild but notable.
MSP Steel large shareholder cuts 2.27% stake in five days
Swagat Trexim Private Limited reduced its holding from 5.98% to 3.71% in early June 2026, crossing the 2% disclosure threshold, but the sale does not affect operations.
Afcom plans to double revenue as fleet expands to nine aircraft
FY26 revenue surged 144% to ₹587.72 cr; profit up 230% to ₹121.90 cr. Fleet to grow from 3 to 9 aircraft, including Boeing 777s, via ₹200 cr each preferential and QIP. MRO in Q1 FY27; exploring Pacific JV.
RACL Geartech lands global OEM contracts, enters new segments
Four new nominations from Royal Enfield, Kawasaki, ZF, and BRP Canada expand revenue visibility and product lines for the ₹1,475 cr auto ancillary firm.
HOEC targets 10x production jump in three years
Management sees 10,000-11,000 boe/d by June 2027 and 32,000-33,000 by 2029, backed by a 20-well drilling program. HPCL crude sale being resold, cash in 2-3 months. No equity raise planned.
ESAF SFB crosses ₹50,000 cr in total business
A milestone already visible in quarterly numbers, backward-looking and unlikely to move the stock for a micro-cap bank.
Mobavenue launches PiiX AI platform for Apple Search Ads, no financial details
The ₹2,173 cr small-cap company unveiled the platform but provided no revenue projections or binding contracts, making this a routine business development event.
HOEC's Q4 presentation confirms prior results, offers no surprises
The earnings call deck for Q4 FY26 repeats already-reported financials. The ongoing HPCL dispute is mentioned but no new developments.