Notes archive.
Clio Infotech seeks 8-fold hike in authorized capital to ₹100 crore
The nano-cap's move, 11 times its market cap, sets the stage to fund the ₹87 crore Seychelles acquisition. Shareholders vote on 24 July 2026.
GHV Infra lands three-notch credit upgrade from Acuité
Long-term rating raised to A from BBB-; short-term to A1 from A3. The move improves credit profile for the micro-cap with ₹1,514 cr market cap.
Digitide gets ₹19.76 cr tax refund, says 'no impact'
Income Tax Department sanctioned a ₹19.76 crore refund for AY 2025-26. The micro-cap says the receipt won't affect financial or operational activities.
Himalaya Food's annual revenue and profit slip, auditors clean
For FY26, revenue fell from ₹40.08 crore to ₹39.54 crore, net profit from ₹3.90 crore to ₹3.71 crore. The board approved an unmodified audit report.
Indo Tech promoter sells another 3 lakh shares, unencumbered stake at 14%
Shirdi Sai Electricals sold 3,00,000 shares, cutting its holding to 72.18%. With 57% of promoter holding still pledged, the unencumbered portion now stands at just 14.25%.
Power Grid's CFO heads into retirement on schedule
A fully anticipated superannuation at a Maharatna PSU. No surprises, no disruption to operations.
SG Finserve's loan book jumps 82% YoY to ₹4,551 cr in Q1
Provisional loan book up 16% QoQ, well above 25-30% CAGR guidance. Final results pending audit.
CARE upgrades Jindal Steel to AA+, stable outlook
One-notch upgrade from AA reflects improved credit profile and deleveraging. Short-term rating reaffirmed at A1+. Impact on borrowing costs is modest, and the move was widely anticipated.
ICRA puts Aavas's ₹4,198 cr debt on watch after CFO, CRO exits
Rating watch with developing implications reflects uncertainty over senior leadership turnover, though liquidity remains ample.
GNG Electronics lands Redington as distribution partner
The tie-up with India's largest IT distributor could accelerate GNG's nationwide reach, but no revenue targets or order commitments were disclosed.
Siyaram Recycling lands ₹81.66 lakh Supreme Industries order
The fixed-price supply contract must be executed within seven days. It follows a ₹5.99 crore order last month, deepening ties between the nano-cap and the large plastics maker.
Avio Smart Market ties up with Intellecap to digitize farmer collectives
The non-binding MoU lets Avio offer its AVIO SMART platform to Farmer Producer Organisations via Intellecap's rural network. No financial terms disclosed, but the partnership adds credibility for the nano-cap.
Route Mobile ties up with Truecaller for verified business messaging
The partnership gives enterprises access to Truecaller's 500 million monthly active users, but no financial terms or revenue impact were disclosed.
Goodluck India promoters sell 2.45% stake, holding drops to 54%
The Garg family and HUFs offloaded 813,684 shares in open market on June 29, the largest single-day promoter divestment in recent filings.
ICRA upgrades Patanjali Foods to AA- from A+, stable outlook
One-notch upgrade takes long-term rating to AA-; bank limits raised to ₹4,425 cr. For a firm with near-zero debt and record sales, the move is incremental but confirms improved credit metrics.
Hexagon Nutrition board approves FY26 audited results, reappoints auditors
Board met June 30 to approve audited standalone and consolidated financials for the year ended March 31, 2026. No new business or guidance.
Paisalo promoters buy ₹272 cr in open market, stake now 46.72%
The nearly 5% stake lift in Q1FY27 is backed by a three-year plan to double AUM, income, and profit, and a shift to AI-led lending.
Avio Smart Market inks AI MoU with StandardWings for rural digital infra
Non-binding deal targets crop advisory, precision farming, and carbon MRV, but carries no financial commitment. Partner is a smaller private tech firm.
Lokesh Machines exits US sanctions list, removes key overhang
The OFAC SDN removal, effective June 30, 2026, unfreezes properties and restores access to the US financial system and international trade for the defence equipment maker.
WABAG lands $30-75m Vienna drinking water plant
The Indian water-tech firm will design and equip a 1,000-L/s treatment facility for the City of Vienna, with completion by 2030. The order is its second in the $30-75m range this year, after Ajman.
Godrej Properties lands ₹331.75 cr Noida plot, follows a bigger buy
The 4.95-acre parcel in Sector 151 targets ₹2,000 cr in revenue, but is modest for a ₹55,745 cr developer. Just days after a ₹7,000 cr Greater Noida deal, this is incremental.
RITES lands ₹175 cr PMC order from Ambedkar University
The cost-plus contract spans 30 months and is worth over 7% of FY26 revenue, adding low-risk visibility to the order book.
Zydus Wellness appoints Dr Shyam Ramakrishnan as CSO
The former Himalaya, ITC, and Amway veteran joins effective July 1, 2026, bringing 25+ years of experience in nutrition, supplements, and functional foods.
Exato lands ₹10 cr in June orders; routine but adds pipeline
Domestic order of ₹6.66 cr and international deal of USD 0.39M. Execution spans 3-5 years. Follows ₹24.58 cr iQor win in May.
Global Surfaces slapped with ₹1.74 cr tax penalty over loan violations
The Deputy Commissioner of Income Tax alleged the company accepted loans outside banking channels in AY 2019-20. For a nano-cap already reporting losses, the penalty is over 20% of its latest annual profit.