Small cap
Insolation backs ₹347 cr guarantee for 22 solar subsidiaries
The guarantee equals 14% of market cap and over 16% of annual revenue, adding a sizable contingent liability alongside project execution progress.
TNPL operations chief quits after 13 months, effective June 2026
Yogendra Kumar Varshney resigns as ED (Operations) and CRO citing personal reasons. No successor named. Long notice period points to planned transition.
NPST guides 70-80% growth, but margin dips and receivables balloon
FY26 EBITDA margin falls to 31% from 37.4% as revenue mix shifts; trade receivables surge to ₹103 crore. Management says it's a deliberate near-term trade-off for international scaling.
Jagsonpal Pharma buys hospital distributor for ₹20.8 cr
The cash deal adds ₹53 cr in revenue and a hospital channel, funded entirely from internal accruals.
Godavari Biorefineries starts grain-based ethanol unit, adds feedstock flexibility
The ₹130 crore investment adds 200 KLPD capacity, giving the sugar company dual-feedstock resilience and supporting higher ethanol output under the government's blending mandate.
Juniper Hotels loses CFO Tarun Jaitly as ₹1,800 cr expansion rolls on
CFO quits for outside role. Mid-cap chain names interim team as ₹1,800 cr expansion continues.
Jindal Photo promoters launch delisting bid to take company private
Acquirers holding 74.20% offer to buy out the remaining 25.80% via reverse book-building. Floor price yet to be set; acquirers can reject final discovered price.
Diffusion Engineers lands ₹26.3 cr power-sector order
The order for RAPH Rotor Assemblies accounts for over 7% of annual revenue and adds near-term visibility with staggered deliveries through March 2027.
Mastek helps Yanbu Cement double truck turnaround via IoT
The partnership is a completed project case study with no contract value or revenue impact disclosed for Mastek itself.
Khazanchi Jewellers slashes showroom targets, flags dilution risk
Management pushed back retail mix timeline by a year and cut Chennai flagship showroom FY27 revenue goal from ₹500-550 crore to ₹125-150 crore, while reversing internal-funding stance to consider equity or debt.
Pace Digitek locks in 3 GWh of LFP cells for its 10 GWh battery push
Its subsidiary Lineage Power signs a master supply agreement with a Chinese cell maker, covering roughly 30% of the expanded BESS capacity and easing a key execution risk.
Ashika Global pockets ₹24 cr as most preferential warrants lapse
Only 200,000 of 1.8 million warrants converted; holders forfeit upfront payments on the rest.
Optiemus subsidiary partners Quectel for local wireless module production
Optiemus Electronics will manufacture Quectel's automotive and 5G modules at its Noida plant. The deal carries no disclosed investment or revenue estimates.
Omaxe sets ₹6,200 cr hospitality plan, aims ₹1,000 cr revenue
The micro-cap developer plans 19 hotels across five states, banking on integrated township hospitality. Funding and approvals remain open questions.
Blue Cloud Softech empanelled by BSNL for enterprise private networks
The micro-cap qualifies to bid for private network projects across India under a 60-month agreement. The move adds strategic credibility but no guaranteed revenue.
WPIL gets three-year tender ban from MP Jal Nigam
Madhya Pradesh Jal Nigam debars the Kolkata firm from future bids over project delays. WPIL says existing contracts are unaffected and it will challenge the order.
ADF Foods wins US trade secrets case, awarded $2.3M damages
Court rules Ascot Valley Foods misused proprietary recipes; ADF's own liability limited to ~$101k. Damages may grow for 2026 onward.
Elpro promoters pledge another 3.47%, total encumbered hits 61.47%
The additional pledge of 58.77 lakh shares raises promoter IGE India's encumbered stake to 61.47%, as group entities raise funds via debentures linked to the voluntary delisting process.
SBI MF crosses 5% in Bosch Home Comfort with 1,34,798 share buy
The fund house now holds 5.1451%, up from 4.65%, after open-market purchases. The disclosure is regulatory, not strategic.
Route Mobile's Colombian unit hit by cyber incident, contained
Masivian S.A.S. systems isolated; parent says no spread. Financial impact not quantified.
Deccan Gold's Jonnagiri project goes live but the payoff is indirect
CM Naidu inaugurates the Kurnool mine. Initial processing at 1,000 tpd for 400-600 kg gold annually. Yet Deccan Gold holds only an indirect stake through associate Geomysore, and the filing gives no revenue split.
Veranda Learning gets first-time IND BBB- rating with developing watch
India Ratings assigns rating to ₹140 cr term loan; watch developing signals potential upgrade or downgrade, adding uncertainty for a company with 2x debt/equity.
Kalyani Steels appoints former EIL chief Vartika Shukla as independent director
Vartika Shukla, who oversaw $100B+ in energy projects at Engineers India, joins the board for a five-year term. Appointment is subject to shareholder approval.
SKM Egg elevates MD to Chairman in family succession
Outgoing chairman Maeilanandhan becomes Chairman Emeritus; transition is term-driven and orderly.
Arvind Smartspaces lands AA- rating from India Ratings
One-notch upgrade to IND AA-/Stable follows record FY26 bookings of ₹1,560 cr and 17% collections growth. The move covers ₹4,000M in existing debt and could lower future borrowing costs.