Tipsheet
What matters at India’s listed companies
Archive / Page 10

Notes archive.

Thu · 02 Jul
5
Finance - NBFC

Mahindra Finance Q1 disbursements jump 21% YoY to ₹15,560 cr, asset quality stable

First-ever voluntary quarterly update shows business assets at ₹1,37,300 cr, up 12%; Stage-3 assets improve to 3.4% from 3.8% a year ago

M&MFIN Large cap 5:30 PM
6
Trading

Adani Enterprises opens QIP, sets floor at ₹3,034.68

A routine step after board and shareholder approval. The size remains undisclosed, leaving dilution and proceeds uncertain.

ADANIENT Mega cap 5:28 PM
7
Credit · Textile

Trident Texofab pockets ₹1.59 cr as 9.11 lakh warrants lapse

Warrants from December 2024 preferential issue went unexercised. The upfront cash equals about 2.9% of market cap, a material one-time gain for the nano-cap.

TTFL Micro cap 5:26 PM
6
Banks

J&K Bank inks distribution deals with SBI Life, HDFC Life

Bancassurance tie-ups add two top life insurers to the branch network, but no financial impact disclosed.

J&KBANK Mid cap 5:24 PM
7
Trading

Adani Enterprises inks MoU for $11.5 bn Odisha aluminium behemoth

50:50 JV with Abu Dhabi's IRH targets 4 MT alumina refinery, 2 MT smelter, 4 GW captive power. Non-binding, but the scale is staggering.

ADANIENT Mega cap 5:22 PM
5
Professional Services

Exhicon board to eye fundraising; size and pricing remain blank

The board will meet on July 7 to discuss a preferential issue or private placement. No terms have been disclosed yet. Trading window is closed from July 2.

EXHICON Micro cap 5:18 PM
5
Engineering - Construction

Conart Engineers CS resigns; replacement process begins

Narendra D. Shah steps down effective July 1, 2026 for personal reasons. The board says it will appoint a successor within regulatory timelines.

CONART Micro cap 5:17 PM
6
Recycling

CMR Green posts 30% revenue jump, guides 25% volume growth in FY27

FY26 PAT jumped 47% to ₹228 cr on volumes over 80K MT. Two new plants with ₹200 cr capex target 7 lakh MT capacity by FY27-end.

CMRGREEN Mid cap 5:16 PM
5
M&A · Retailing

Lenskart JV with China's Mingfeng for metal frames; merger formalised

Lenskart's board approved a joint venture with Mingfeng Glassesworld to manufacture metal spectacle frames in India, with Lenskart holding 80% for just ₹80,000. The merger of two wholly-owned subs was already known.

LENSKART Large cap 4:50 PM
8
Pharmaceuticals

Veerhealth Care dilutes 31% of equity with ₹20.25 cr warrant issue

Promoter entities take 55% of 1 crore fully convertible warrants; capital raise equals nearly a third of market cap

NIYATILEAS Micro cap 4:35 PM
8
Finance - Investment

Energy Infrastructure Trust sponsor sells ₹302 cr more, stake drops to 28%

Rapid Holdings 2 sold 3.97 crore units on June 30, following a ₹231 cr sale in May. Trust's NAV is ₹80.14 per unit. Sponsor commitment in question.

ENERGYINF 4:31 PM
5
Media & Entertainment

Panorama Studios licenses 'Baby Do or Die' overseas rights to Cinepolis

Financial terms undisclosed; the film, starring Huma Qureshi and Sikander Kher, will play through Cinepolis's international network. The deal is routine for the micro-cap.

PANORAMA Small cap 4:31 PM
9
Order Wins · Media & Entertainment

SEBI bars Purple Agrotech for four years, fines it ₹50 lakh

The penalty alone is 10% of the company's ₹5 cr market cap. For a nano-cap with minimal business activity, the restraint period is existential.

PURPLE Micro cap 4:29 PM
6
Textile

Orbit Exports to mull buyback on July 7

Micro-cap textile exporter's board meeting sets stage for possible share repurchase; trailing PAT fell 85.4%.

ORBTEXP Micro cap 4:29 PM
8
Finance - NBFC

TTI Enterprise loses MD Sabu Thomas; new chief appointed

The nano-cap NBFC's managing director resigns with immediate effect, citing personal reasons. An immediate replacement is named but the sudden exit raises questions about the company's strategic pivot.

TTIENT Micro cap 4:22 PM
5
Consumer Food

Marico's Q1 volume growth hits double digits, highest in quarters

Domestic volume accelerates; consolidated revenue seen rising in early twenties. Copra cost tailwind helps margins, but Saffola Oils volume dips amid supply rationalisation.

MARICO Mega cap 4:07 PM
8
Textile

SBC Exports wins ₹32 cr extension on BHU manpower contract

Six-month extension at same terms follows satisfactory performance. ₹32 crore order represents ~7.7% of annualised revenue for the micro-cap.

SBC Small cap 4:03 PM
5
Credit · Construction Vehicles

Sanghvi Movers subsidiary gets first CARE rating on ₹250 cr bank lines

Sangreen Future Renewables, a wholly owned material subsidiary, assigned CARE A-; Stable / CARE A2+ for long- and short-term bank facilities aggregating ₹250 crore.

SANGHVIMOV Small cap 3:54 PM
6
Consumer Durables

Stove Kraft hires former TTK Prestige MD as Vice Chairperson

Chandru Kalro, who led India's largest pressure cooker maker until last year, joins Stove Kraft's board as non-executive vice chairperson. The move adds deep consumer durables expertise but carries no immediate financial trigger.

STOVEKRAFT Small cap 3:46 PM
5
Engineering Consultancy

Telge promoter relative adds ₹38.58 lakh in shares; stake still tiny

Shailesh Uttam Telge bought 25,200 shares over two days, raising his holding from 0.40% to 0.66%. For a ₹147 cr nano-cap, the purchase is immaterial.

TELGE Micro cap 3:44 PM
8
Medical Equipment

Boston Commerce, worth ₹4 cr, plans to raise ₹100 cr a year

Nano-cap with negative net worth and a going-concern warning will vote on fundraising, promoter reclassification, and capital reduction, all at a scale several thousand percent of its market cap.

BOSTON BIO Micro cap 3:38 PM
5
Order Wins · Consumer Durables

LG Electronics India wins GST case, ₹116.72 cr demand quashed

GST authority drops ₹116.72 crore demand (₹58.36 cr tax + ₹58.36 cr penalty) for excess ITC in FY21-22. Order dated July 1, 2026 removes a minor overhang for the large-cap firm.

LGEINDIA Mega cap 3:37 PM
8
Trading

Quest Flow promoter sells 4.5% stake in off-market deal, drops below 30%

India Futuristic Marine offloaded 4,61,593 shares worth ₹9.3 cr, cutting promoter holding from 32.52% to 28.02%. No prior indication was given.

QUESTFLOW Micro cap 3:27 PM
7
Engineering Consultancy

Artefact Projects lands ₹3.15 cr NHAI supervision deal

The 36-month contract for an 85-km stretch in Tamil Nadu is worth about 7.9% of the company's ₹40 cr market cap. It provides revenue visibility for a nano-cap that saw profits drop 30% in FY26.

ARTEFACT Micro cap 3:25 PM
5
Earnings · Electric Equipment

Jyoti posts FY26 profit but net worth stays negative

Standalone net profit of ₹17.78 cr on revenue of ₹276.53 cr; borrowings of ₹209.25 cr exceed market cap of ₹148 cr. Q4 profit ₹2.87 cr. Revised auditor reports unmodified after BSE observation.

JYOTI Micro cap 3:24 PM