Notes archive.
Mangalam Organics gets stable outlook after CRISIL lifts rating watch
Credit rating affirmed at BBB+/A2 with stable outlook, resolving uncertainty from July 2025 camphor plant fire. Subsidiary Mangalam Brands gets first-time rating of ₹80 crore facilities.
RCF board to consider FPO on July 7
First public disclosure of potential equity dilution for this mid-cap PSU; shareholder and government approvals still needed.
DSM Fresh Foods sees ₹40 cr annual opportunity in aquaculture
After a north-east trade event, the nano-cap targets 1,200 farmers and 2,500 tonnes of fish per year. But the plan is preliminary and non-binding.
Sharp India lands ₹7.93 cr machinery order from Energygov Manpower
The nano-cap company secures a contract worth ~2.6% of its market cap, to be delivered in one month. Payment is on e-way bill, no related-party involvement.
Oriental Rail appoints promoter-family member to strategy, IR role
Najmuddin S Mithiborwala, third-generation entrepreneur, takes on the newly created role. The move is internal and routine for the ₹877 cr railway component maker.
Hiliks Technologies to raise ₹24.84 cr via preferential shares, warrants
Board approves issue of 23 lakh equity shares and 11.5 lakh warrants at ₹72 each to five non-promoter investors, raising funds equivalent to 31% of market cap for growth capital.
Sayaji Hotels promoter Kayum Dhanani sells entire 1.41% stake, exits completely
The sale on June 30 reduces his holding to nil, adding to a series of promoter exits likely aimed at Minimum Public Shareholding norms. Worth ₹5.6 crore at current price.
LGB Forge promoter entity sells 2% stake, holding falls to 1.47%
LG Farm Products offloaded 48.03 lakh shares between June 11-25. Promoter group retains 70.87% control.
Jupiter Capital dumps 10L Axiscades shares, promoter stake slides below 51%
The promoter group sold 10 lakh shares on June 30, trimming voting rights from 52.50% to 50.15%. No price or reason was disclosed, leaving the market to guess at intent.
Shankara Building loses large shareholder as stake dips below 5%
Rajasthan Global Securities sold ₹12.3 cr of stock, cutting its holding to 4.24% from 8.17%. The sale came as the promoter trust bought ₹12.9 cr of shares.
Arrow Greentech gets Indian patent for color shift film
The patent protects proprietary technology but the company has not disclosed any revenue potential. For a micro-cap with declining sales, IP is incremental.
Prabhhans MD sells 5.2% stake as promoters flee
Satnam Singh trims holding to 39.71% after two fellow promoters exited entirely in the past fortnight, deepening governance concerns at the ₹20-cr micro-cap.
Landsmill Green promoter gifts 2 crore shares in second June transfer
Lakhmendra Khurana's second inter-se gift this month drops his holding to 5.37%; nano-cap with ₹121 cr market cap and zero revenue now has promoter at barely over 5%.
UHM Vacation says price move is just market sentiment, nothing hidden
Small-cap travel services firm responds to BSE query, confirms no unpublished price-sensitive information.
CSL Finance's AUM rises 15% in June quarter; liquidity at ₹175 cr
The NBFC's update shows steady growth with ₹60 cr raised via NCDs. Numbers are in line with its trajectory, with no earnings surprise or price-sensitive trigger.
SAL Steel picks insider Anil Kumar Singh as CFO
The appointment takes effect July 1, 2026. Singh, already Whole-Time Director, brings 35 years of experience in steel, auto, and textiles.
Galaxy Bearings freed from US sanctions after 19 months
OFAC removal ends a block that crippled exports and slashed profit 76%. The bearings maker can now resume global trade and access the US financial system.
Zaggle lands HPCL loyalty deal, but the cheque is blank
Five-year partnership with India's second-largest oil marketer to power Drive Track Plus rewards. Revenue is entirely usage-based, so the potential is real but the number isn't there yet.
Marico's lead independent director retires, board fills gaps
Milind Barve cites persistent health issues for retirement effective August 1, 2026. Succession is immediate and orderly with Girish Paranjpe and Apurva Purohit taking over committee chairs.
NACDAC wins ₹6.22 cr Northern Railway contract
The order for Roorkee station upgrades is material for the nano-cap at roughly 10% of FY26 revenue and 25% of its market cap.
KK Shah Hospitals brings first cardiac CT to Ratlam
The nano-cap hospital chain installs a 64-slice GE Revolution Evo at its new diagnostic centre, with a Siemens MRI to follow. But the filing carries zero financial details, leaving the investment impact unknown.
MOIL cuts manganese ore prices 5% for July; one grade down 10%
Monthly price revision is within normal range; EMD prices unchanged.
IREDA loses its CMD to superannuation; finance chief takes interim charge
Pradip Kumar Das retired on July 1. Dr Bijay Kumar Mohanty gets additional charge for three months or until a permanent CMD is appointed.
Evans Electric bags ₹1.60 cr Tata Power order for hydro stator repair
The 45-day contract adds to a recent ₹5.83 cr win, strengthening the order book for the nano-cap's niche hydro repair business.
Twamev promoter Ravi Todi said he'd sell 30 lakh shares for MPS. He sold none.
Despite announcing a stake sale between June 22-30, promoter Ravi Todi’s holding remained unchanged, leaving the SEBI-mandated public float target in limbo.