Notes archive.
Akme Fintrade seeks ₹1,200 cr borrowing limit, dwarfing its ₹442 cr market cap
The nano-cap NBFC's board approved a massive increase in borrowing capacity, subject to shareholder approval. The authorization would allow the lender to scale its loan book far beyond its current size.
VL Infraprojects revenue up 24% but margin, cash flow suffer
FY26 total income hit ₹150 crore but operating margin narrowed 80 bps to 11% and cash flow turned negative. Jal Jeevan extension and 20-25% FY27 guidance provide the forward story.
Hazoor Multi Projects pockets ₹18.62 cr from lapsed warrants
Warrant holders didn't convert 24.82 lakh warrants in 18 months. The company forfeits the upfront payment, a windfall worth ~2.7% of its market cap.
RITES inks non-binding MoU with CONCOR for logistics PMC
No contract value or guaranteed revenue disclosed. Both are Navratna railway PSUs; the MoU is a standard collaboration with no immediate earnings impact.
Baroda Rayon locks in ₹80 cr loan from Aditya Birla Capital
The nano-cap firm refinances ₹32 cr of consortium debt and gets ₹48 cr fresh funds, consolidating borrowing to a single lender.
NPST guides 70-80% growth, but margin dips and receivables balloon
FY26 EBITDA margin falls to 31% from 37.4% as revenue mix shifts; trade receivables surge to ₹103 crore. Management says it's a deliberate near-term trade-off for international scaling.
3B Films board to mull fundraising; any quantum could be big
The board will meet on July 2 to consider equity, warrants, or convertibles. No size or price yet, but for a ₹41 cr company with net loss and high debt, even a small raise matters.
ERP Soft loses insider-trading compliance data after tech failure
The SDD system crashed on 29 June with no backup, but financial records and operations are intact.
Ekansh to issue 4.43 cr shares, promoters get 74% in reverse merger
Board approves absorbing Sankalp Industrial Infratech via share swap. Public holding drops from 100% to 26.29%.
Purple Finance to sell ₹23 cr loan book in assignment deal
The nano-cap NBFC will retain 10% of the pool and continue servicing the loans, in a deal that signals it can originate quality assets. At ₹23 cr, the sale is material for a ₹389 cr market cap.
Merritronix signs manufacturing pacts with Analinear, Stuam; no financials disclosed
Non-binding MOUs make Merritronix the preferred partner for PCB assemblies and production runs, but without order commitments or revenue visibility.
Jagsonpal Pharma buys hospital distributor for ₹20.8 cr
The cash deal adds ₹53 cr in revenue and a hospital channel, funded entirely from internal accruals.
Orient Paper's COO steps down, successor named same day
C.S. Kashikar resigned for personal reasons effective June 29, 2026. Yogendra K. Varshney, a 30-year industry veteran, takes over from June 30.
Axis Bank CFO Puneet Sharma resigns, says core mandate complete
After six-plus years as finance chief, Sharma will exit by August 31. Board also approves reappointment of two directors.
Godavari Biorefineries starts grain-based ethanol unit, adds feedstock flexibility
The ₹130 crore investment adds 200 KLPD capacity, giving the sugar company dual-feedstock resilience and supporting higher ethanol output under the government's blending mandate.
Prevest Denpro's FY26 call repeats known numbers; 3D printers shine
Revenue ₹71.81 cr, net profit ₹20.49 cr, both up ~13%. US exports lead. Capacity utilisation on new lines at 18-20% leaves ₹125 cr potential far off.
Juniper Hotels loses CFO Tarun Jaitly as ₹1,800 cr expansion rolls on
CFO quits for outside role. Mid-cap chain names interim team as ₹1,800 cr expansion continues.
Sterling & Wilson lands $560M Egypt solar-storage EPC contract
The 1,000 MW solar plant with 600 MWh battery storage is the company's third gigawatt-scale win in nine months. SWREL's 50% share (₹2,380 crore) equals 31% of FY26 revenue and over 41% of market cap.
Mangal Electrical buys ₹8 cr land in Sikar for capacity expansion
Micro-cap electric equipment maker acquires 1.43-hectare plot for ₹8 crore in cash to expand manufacturing capacity.
Jindal Photo promoters launch delisting bid to take company private
Acquirers holding 74.20% offer to buy out the remaining 25.80% via reverse book-building. Floor price yet to be set; acquirers can reject final discovered price.
Vivanza Biosciences signs preliminary Kyrgyz deal – no money, no timeline
The nano-cap inks a non-binding MOU for plastic film in Central Asia. No financial commitment yet, but the stock may attract speculative interest.
CONCOR gets a new CMD, but not until August 2026
The Railways Ministry approves Ajit Kumar Panda as Chairman & Managing Director, effective from 1 August 2026. He will serve until superannuation on 31 August 2028.
Diamines & Chemicals' subsidiary signs ₹40 cr land term sheet for new plant
DACL Fine Chem to acquire 50 acres in Kakinada SEZ for a chemical plant – a bet that amounts to 16.5% of the parent's market cap.
Diffusion Engineers lands ₹26.3 cr power-sector order
The order for RAPH Rotor Assemblies accounts for over 7% of annual revenue and adds near-term visibility with staggered deliveries through March 2027.
ZF Steering signs tech pact with Chinese firm for EHPAS
Micro-cap auto ancillary enters preliminary framework with Hubei Tri-Ring to develop electric hydraulic power steering in India. No financial terms disclosed; non-binding.