Tipsheet
What matters at India’s listed companies
Archive / Page 20

Notes archive.

Tue · 30 Jun
5
M&A · Packaging

Promoter group entity lifts TCPL Packaging stake by 0.41%

Narmada Fintrade buys 36,900 shares in open market and inter-se transfers, raising voting rights to 21.40%.

TCPLPACK Small cap 4:33 PM
5
Finance - NBFC

Poonawalla Fincorp lines up ₹750 cr NCD issue

The NBFC's finance committee approved secured, redeemable debentures with a base of ₹225 cr and a greenshoe of up to ₹525 cr. A standard treasury operation at roughly 1.9% of market cap.

POONAWALLA Large cap 4:32 PM
8
Edible Oil

Ajanta Soya's CFO retires; internal successor named

Jai Gopal Sharma steps down as CFO upon retirement. Anil Kumar Rana, the finance controller, takes over from July 1. The MD and WTD were also re-appointed.

AJANTSOY Micro cap 4:30 PM
6
IT - Software

Avance appoints Santosh Hambare as MD & CFO, fills vacancy after resignation

Hambare takes dual role, replacing former MD Latesh Poojary as NED and filling CFO gap left by Vijay Purohit's exit. Board also adds Dipak Gaikwad as independent director.

AVANCE Micro cap 4:30 PM
5
Textile - Spinning

Suryaamba gets new company secretary as Ladha steps down

Kriti Ladha resigns for personal reasons; Suchita Dandekar, with nine months' experience, takes over from July 1. A routine governance change at the ₹34-cr nano-cap spinner.

SURYAAMBA Micro cap 4:20 PM
5
Trading

Lexoraa Industries calls July 3 board meet for fund-raising — no details yet

The nano-cap company's board will discuss capital options without specifying type or size. A prior ₹69 cr rights issue — over eight times market cap — hangs over the agenda.

LEXORAA Micro cap 4:14 PM
5
IT - Software

LTTS launches Ainfonix 4.0 AI platform – no revenue guidance

The engineering intelligence platform claims 85% data extraction accuracy and 30-50% faster retrieval, but the filing provides no customer wins or financial impact.

LTTS Large cap 4:08 PM
5
Trading

Lloyds Enterprises defence arm dilutes to 85% via private placement

Two new investors enter pre-revenue LADSL; parent's stake falls from 100% to 85%. Entity has nil revenue and ₹10 cr capital, immaterial for ₹11,159 cr group.

LLOYDSENT Mid cap 3:57 PM
6
Defence

Paras Defence secures exclusive India rights to Guardian-1 counter-drone system

The 12-month IP license from Powerus's Tandem Defense opens a new product segment but comes with no order commitments or financial disclosure.

PARAS Mid cap 3:54 PM
8
Credit · Finance - NBFC

Master Trust promoters clear entire 12.20% pledge, stake now fully unencumbered

The release of 1.50 crore shares pledged as collateral for a subsidiary loan removes a liquidity overhang, leaving promoters' 71.93% holding free of encumbrance.

MASTERTR Micro cap 3:52 PM
7
Refractories

Associated Ceramics board to weigh CSE delisting on July 3

The nano-cap refractory maker (₹37 cr market cap) wants to exit the Calcutta Stock Exchange while remaining listed on the BSE, a move that could cut compliance costs but also shrink liquidity.

ASSOCER Micro cap 3:51 PM
6
Textile

Arvind board to meet July 3; ₹600 cr QIP expected per earlier report

The board will consider equity fundraise options; prior coverage indicates approval of a ₹600 cr QIP, about 4% of market cap, on the same date.

ARVIND Mid cap 3:39 PM
8
Metal - Non Ferrous

Bhagyanagar raises ₹52 cr via preferential issue to QIBs, individuals

The micro-cap copper products maker will issue shares at ₹348 each, bringing in institutional investors and diluting equity by ~3.8%.

BHAGYANGR Small cap 3:20 PM
5
Credit · Finance - Investment

IIFL secures first Moody's rating at Ba3 with stable outlook

Moody's assigns Ba3 to IIFL's $1B GMTN programme. The rating supports offshore fundraising but is broadly in line with existing Fitch rating.

IIFL Large cap 3:15 PM
5
Textile

Ruby Mills labour stoppage at Dhamni unit over wage talks

Disruption confined to one department; other divisions running. No material financial loss expected.

RUBYMILLS Small cap 2:56 PM
9
Engineering - Industrial Equipments

Trans India House gets ₹60 cr tax demand, more than double market cap

The income-tax notice for AY2024-25 dwarfs the ₹29 crore company. Management says it will appeal, but the liability is existential.

TIHIL Micro cap 2:48 PM
8
Consumer Food

Maniveni Foods loses CFO and company secretary in same day

Both key managerial personnel resigned with immediate effect. The CFO oversaw the company's SME IPO and now departs just weeks after first post-listing results showed a 16.6% revenue decline.

MANIVENI Micro cap 2:39 PM
5
Engineering - Construction

Afcons wins ₹148.67 cr arbitration for J&K tunnel job

The award is just 1.2% of revenue and can still be challenged. A modest win after the company's first quarterly loss in 16 years.

AFCONS Mid cap 2:35 PM
10
Order Wins · Transformers

TARIL bags record ₹1,000 cr+ order from Power Grid

The 'Ultra Mega Order' is the largest disclosed contract in company history, representing over 40% of FY26 revenue and adding at least 20% to the existing ₹5,005 crore backlog. Deliveries span 30 months.

TARIL Mid cap 2:29 PM
6
Concalls · Retailing

Patel Retail gave two revenue growth figures for same quarter

Q4 FY26 growth was 5.35% in latest call versus 53.35% in a prior call. Also pivots quick commerce strategy, raises margin guidance and capex.

PATELRMART Micro cap 2:26 PM
8
M&A · Finance - NBFC

AMPL Capital faces open offer after acquirers cross 25%

DP Global Wealth and Vikas Kataria offer ₹30/share for 26% stake, potentially lifting control to 51% in the nano-cap NBFC.

CGFL Micro cap 2:24 PM
6
Consumer Food

Pajson Agro targets ₹1,000 cr revenue by FY30, but cuts base growth to 15%

The company plans to quintuple cashew processing capacity to 65,000 tonnes, but a downgrade from 20-22% growth and contradictions with its May call raise questions about execution.

PAJSON Micro cap 2:16 PM
5
Earnings · Recycling

CMR Green confirms FY26 numbers, subsidiary expansions on track

Routine board meeting approves audited results; Bawal and Shoolagiri plants due in FY27.

CMRGREEN Mid cap 2:14 PM
5
Textile

Spice Islands to consider 1:5 stock split at July 3 board meet

The nano-cap also plans to promote Sandeep Merchant to Managing Director and Vice Chairman, continuing a series of corporate moves.

SPICEISLIN Micro cap 2:09 PM
5
Tiles & Sanitaryware

Midwest Energy approves 1:10 stock split to boost liquidity

Midwest Energy will split each ₹10 share into ten Re 1 shares, aiming for wider retail participation. The company reported just ₹6 cr in quarterly sales and carries a ₹25.6 cr audit-qualified intangible asset.

MIDWEST Mid cap 2:04 PM