Small cap
Flair Writing enters wooden pencils, sells 147 mn mechanical units
The company enters the wooden pencil segment, which accounts for 90% of the pencil market. But it hasn't yet disclosed how much revenue this adds.
Reliance Infra's toll road unit faces CIRP as NCLT admits ₹282.6 cr claim
Canara Bank's insolvency petition accepted; parent said it had already provided for its ₹355 crore exposure (10% of market cap).
Amir Chand signs celebrity agency, but no numbers
The rice exporter and FMCG firm hires Bollywood and Tollywood talent agency for brand-building. Yet the filing carries no financial commitment, revenue impact, or celebrity names.
HOEC FY26 profit down 26% after ₹259-cr HPCL sale reversal
The cancellation of a crude oil sale to HPCL after a quality dispute erased ₹259 crore in revenue. An exceptional gain from a stake acquisition cushioned the blow, but the dispute remains unresolved.
HOEC PBT falls 26% as ₹259-cr HPCL sale cancelled
Revenue reversal and inventory overhang weigh on FY26 results; exceptional gain from B-80 stake partially offsets. Auditor flags HPCL dispute.
Motisons Jewellers closes ₹150 cr QIP at 4.57% discount
Allotted 13.57 crore shares to institutional buyers at ₹11.05 per share, raising growth capital and diluting equity by ~12.7%.
Ravindra Energy's promoter pledges ₹90 cr of shares after ₹205 cr rights issue
Khandepar Investments placed 12% of its promoter stake as collateral for financing, likely tied to the company's recent capital raise. The pledge leaves ownership unchanged at 32.29% but adds debt risk.
S.P. Apparels lends ₹42 cr to UK arm — routine but sizeable
The unsecured loan at 9% for three years is the largest equity-like infusion to date but was already telegraphed. It supports working capital, not a new strategy.
Elitecon delays FY26 results, extending a months-long reporting crisis
The trading firm, already under SEBI forensic audit, says finalisation and audit work isn't done. Key management has already resigned.
HGS reports ₹1,085 cr Q4 revenue, but the broadband MoU is the bigger story
The IT services firm posted a 15.7% EBITDA margin on ₹1,085 cr in Q4. Its broadband unit signed a state-level MoU to connect over 2 million Uttar Pradesh households.
Som Distilleries starts UP brewery as Bhopal shutdown still drags
Woodpecker Green Agri Nutrients, a wholly owned subsidiary, began commercial production at its Uttar Pradesh facility on June 10, 2026. The plant is part of a ₹600 cr greenfield expansion.
Spandana absorbs tiny subsidiary, swaps 73 shares for every 100 Criss held.
The microfinance lender will merge 99.92%-owned Criss Financial into itself, cutting a layer of corporate overhead and freeing capital for secured lending. A handful of minority shareholders get a swap ratio.
Blue Cloud's margin hit 17%, but the ₹3,000 cr target is a repeat
EBITDA margin jumped in Q4 on productized AI platforms and lower R&D. The ₹1,100 cr order book underpins the FY27 revenue goal.
STL Networks loses its CEO. A loss-making firm now searches for a strategy.
Pankaj Malik, the CEO of a company with negative net worth, is out in three months. The board has named an interim replacement from a system integrator.
Blue Cloud Softech gets a new CFO as it chases a ₹3,000 cr revenue target
The micro-cap's finance chief resigned for personal reasons. His replacement has 21 years in banking and corporate finance.
Auditors flag six problems at Kothari. ₹33 cr in trade balances can't be confirmed.
A qualified audit report points to unverified balances, unreconciled credits, and missing inventory data at the ₹1,782-crore micro-cap. The company says it's working on it.
Health X splits its tiny finance arm, absorbs core healthcare unit into parent
A complex restructuring demerges a 1.1%-of-revenue financial business into a new listed entity while merging the much larger Sastasundar Healthbuddy drug-distribution unit back into the listed company.
Mafatlal gets ₹8.63 cr environmental penalty for Nadiad unit
Central Ground Water Authority has slapped Mafatlal with compensation for a delayed NOC application. The company is contesting.
IOL Chemicals halts one unit for 10 days after fire at its Minoxidil plant
A fire at the Minoxidil manufacturing unit was controlled without injury. Only Unit-9B is offline; all other operations continue.
Maharashtra pollution board shut Bharat Wire Ropes' main plant
A regulatory order has halted operations at the Chalisgaon factory, the company's registered office and primary manufacturing site.
Aqylon promoter sells shares for the third time in two months
Kurjibhai Rupareliya's ₹22.6 cr sale on June 9 cuts his voting stake to 34.17%, continuing a rapid pattern of promoter deleveraging.
Signpost India doubled profit. Now it must prove the receivables spike is temporary.
FY26 revenue rose 27% to ₹576 crore and net profit more than doubled to ₹70 crore. Management is switching billing terms to fix a cash-cycle problem.
JTL lands ₹26.74 cr Himachal water-pipes order
The one-time contract is a sliver of revenue but a live round into an order book that has been losing momentum.
Veranda's J.K. Shah Classes links up with Japan's CPA giant for global placement
A non-binding pact with CPA Excellent Partners, whose affiliate trained two-thirds of Japan's 2025 CPA passers, targets cross-border job placement for accounting graduates.
Fredun pivots to pet care and physiotherapy, guides 25-30% revenue growth for FY27
New-age consumer businesses grew at 40-50% CAGR and already deliver 55% gross margins, a stark contrast to the 20% from its core pharma contract manufacturing.