Tipsheet
What matters at India’s listed companies
Archive / Page 11

Notes archive.

Thu · 02 Jul
8
Engineering - Construction

IRB locks in ₹4,605 cr asset transfer to InvIT

Binding term sheet converts May's non-binding offer, unlocking ₹2,744 cr equity for a ₹8,000 cr pipeline. Two BOT assets move to public InvIT, adding ₹2,400 cr to O&M order book.

IRB Large cap 3:15 PM
8
M&A · Real Estate

IRB InvIT buys two toll SPVs for ₹2,744 cr, plans ₹3,000 cr raise

The binding acquisition from sponsor's trust covers concessions till 2042 and 2046 with combined revenue of ₹306.6 cr. A ₹3,000 cr fundraise introduces dilution risk.

IRBINVIT 3:10 PM
7
Textile

Borana Weaves enters PLI scheme for MMF Fabrics

The Ministry of Textiles has approved Borana Weaves for Round 3 of the PLI scheme. Incentives will depend on incremental investment and sales.

BORANA Micro cap 3:06 PM
6
Pharmaceuticals

OneSource gets single FDA observation, PAT collapse looms larger

A routine US FDA inspection at its Bengaluru sterile facility ended with one observation. A benign outcome, but with profit after tax down 95.3%, the agency finding is not the main worry.

ONESOURCE Mid cap 3:05 PM
7
Order Wins · Sugar

Bannari Amman Sugars faces ₹12.72 cr revival of electricity tax demand

A 2019-withdrawn tax demand has been revived by a new District Collector, catching the company off-guard despite a 2012 High Court order in its favour. The amount is 8.6% of FY26 net profit.

BANARISUG Small cap 2:32 PM
6
Retailing

Ethos brings 'Oscars of Watchmaking' to Mumbai for first time

The Grand Prix d'Horlogerie de Genève exhibition lands in India from Sept 28 to Oct 1, but Ethos provides no financial details or commercial terms.

ETHOSLTD Mid cap 2:21 PM
8
Banks

Bank of Baroda pays $600M to settle NMC Health dispute

An out-of-court settlement ends a cross-border insolvency trial that began in March 2026. The bank avoids prolonged litigation uncertainty at a cost of over 4% of market cap.

BANKBARODA Mega cap 2:13 PM
6
Professional Services

Revolt Motors launches RVX electric bike at ₹1.24 lakh

RattanIndia's EV arm unveils its most powerful e-bike with a 4kW mid-drive motor, 160 km range, and a Delhi-specific price of ₹94,990.

RTNINDIA Small cap 2:09 PM
6
Air Conditioners

Sharp India to rename as Smaart Tech Services, enters 7 new industries

The nano-cap board replaces electronics objects with logistics, data centres, healthcare, pharma, food, and more. Shareholder consent sought via postal ballot.

KALYANISHP Micro cap 1:45 PM
7
Metal - Non Ferrous

Bharat Wire Ropes promoter group buys ₹37 cr CCPS from Union Bank UK

Gyanshankar E-Trading LLP purchased 3,782 unlisted preference shares originally part of a bank consortium's resolution plan. The deal consolidates promoter ownership without changing paid-up capital.

BHARATWIRE Small cap 1:36 PM
8
Software Services

AAA Technologies lands NICSI audit empanelment, opens government pipeline

The nano-cap's ICT audit mandate covers up to 100,000 government assets and runs through 2029, but no minimum order is guaranteed.

AAATECH Micro cap 1:27 PM
8
Footwear

Khadim India raises ₹11.75 cr via warrants to promoter, 11 others

A 5% dilution event for a nano-cap already struggling with declining sales and profits. Proceeds come with an 18-month conversion clock.

KHADIM Micro cap 1:25 PM
9
Agriculture

Omega Ag-Seeds plans rights issue equal to its market cap

The board approved raising ₹8 crore, exactly the company's entire market value. Terms and record date to be fixed later.

OMEAG Micro cap 1:24 PM
7
Order Wins · Metal - Non Ferrous

Siyaram Recycling wins ₹97.70 lakh brass scrap order from Metal Scrap India

The nano-cap adds another small domestic contract, continuing a string of June wins. Delivery due in seven days.

SIYARAM Micro cap 1:20 PM
5
Regulatory · Lubricants

Panama Petrochem gets nod to start production at new Ambernath unit

The factory licence from the Directorate of Industries Safety & Health allows the company to produce petroleum specialty products at Lodha Industrial Park, valid until 29 June 2035. No immediate monetary impact.

PANAMAPET Small cap 1:19 PM
8
Finance - NBFC

TTI Enterprise can't quit lending after RBI rejects surrender plan

The RBI has rejected TTI Enterprise's application to voluntarily surrender its NBFC registration, halting the planned pivot to wholesale trading.

TTIENT Micro cap 12:47 PM
5
Credit · Engineering - Construction

SRM Contractors gets rating upgrade as order book swells past ₹3,000 cr

CareEdge lifts long-term rating to CARE A/Stable, short-term to A1; total rated facilities at ₹430.40 cr.

SRM Small cap 12:42 PM
5
Pharmaceuticals

Deccan Healthcare taps internal candidate as CFO after sudden exit

Tushar Mandal, an eight-year veteran, takes over from Parth Palera who resigned last week. A governance fill-up, not a surprise.

DECCAN Micro cap 12:40 PM
7
Electronics

Kernex commissions Kavach 4.0 on 207 km North Central Railway section

Kernex demonstrated its Kavach system at 160 kmph and interoperability with Hitachi, strengthening its case for more Railway contracts.

KERNEX Small cap 12:39 PM
5
Earnings · Banks

Bank of India Q1 business rises 16.58%, in line with sector

Global business hits ₹17,55,915 crore as deposits and advances climb 14.92% and 18.64% respectively. Provisional data lacks profit or asset quality metrics, offering no surprise.

BANKINDIA Large cap 12:22 PM
5
Cement

KCP board to review Q1 results, consider interim dividend on Aug 3

A routine intimation with no numbers yet. The interim dividend mention adds a slight positive signal. Trading window closed since July 1.

KCP Small cap 11:45 AM
6
Retailing

Baazar Style Retail sees 29% revenue jump in Q1, adds 18 stores

Same-store sales rise 7% and monthly sales per sq ft hit ₹679 as the small-cap retailer expands to 276 outlets.

STYLEBAAZA Small cap 11:43 AM
7
Order Wins · Engineering - Industrial Equipments

United Drilling gets repeat ₹3.89 cr order from Vedanta

A repeat order from Vedanta worth ₹3.89 crore, representing 2.1% of annual revenue, strengthens visibility for the nano-cap engineering firm.

UNIDT Micro cap 11:34 AM
9
Order Wins · Textile - Machinery

Meera Industries lands ₹7.95 cr order, 22% of last revenue

The order from DNB Textiles for high-speed twisting machinery is scheduled for delivery by Q2 FY27. For a nano-cap with ₹94 cr market cap, this could reshape earnings.

MEERA Micro cap 11:22 AM
5
Earnings · Medical Equipment

Prevest Denpro's FY26 transcript: nothing new

The full transcript of the June 29 call offers no fresh data vs. the earlier concall summary. A procedural SEBI LODR filing.

PREVEST Micro cap 11:07 AM