Tipsheet
What matters at India’s listed companies
Archive / Page 29

Notes archive.

Wed · 24 Jun
8
Steel & Iron Products

Bansal Wire promoter to sell 2.99% stake to meet public shareholding norms

Mrinaal Mittal will offload up to 46.8 lakh shares worth ₹148 cr in open market from June 25. The promoter group's 77.99% holding is above the 75% limit.

BANSALWIRE Small cap 1:14 PM
7
Power Generation

Sampann Utpadan sells wind mills for ₹2.45 cr

The non-core wind mills generated just 0.2% of revenue, but held a net worth of ₹43.18 crore. The all-cash deal closes in six months; proceeds may fund expansion or working capital.

SAMPANN Micro cap 1:01 PM
5
Auto Ancillary

Endurance sells tiny Italian software arm for up to €7.5M

Veicoli Srl contributed just 0.22% of consolidated revenue; deal maxes out at about ₹70 crore. A strategic tidy-up, not a needle-mover.

ENDURANCE Large cap 12:49 PM
8
Engineering - Construction

Man Infra gets go-ahead for ₹2,000 cr Tardeo luxury project

Secured IOA for Tardeo 2.0 in South Mumbai, clearing path for demolition and FY27 launch. Man Infra's 50.5% stake worth ₹1,010 cr, about 24% of market cap.

MANINFRA Small cap 12:46 PM
8
Banks

Equitas SFB board clears ₹1,250 cr QIP, ₹500 cr NCD plan

The enabling resolutions need shareholder and regulatory nods but mark a significant equity raise equal to 14% of market cap, alongside an MD&CEO extension and CFO change.

EQUITASBNK Mid cap 12:45 PM
7
Engineering - Construction

Desco Infratech kicks off biogas production at Bulandshahr plant

Through its subsidiary, Desco enters renewable fuels with Phase-1 of a 5 TPD CBG plant, starting at 1 TPD. Commercial sales are imminent.

DESCO Micro cap 12:40 PM
5
Earnings · Auto Ancillary

Precision Camshafts transcript confirms ₹1,500 cr order book, EV platform live

Q4 earnings call transcript adds no new information beyond the live event; capex of ₹100-120 cr and Solapur plant commissioning were already disclosed.

PRECAM Small cap 12:39 PM
5
Electric Equipment

Engineers India signs MoU with Hindustan Copper for mining consultancy

Non-binding agreement covers copper, critical minerals, rare earths; no financial terms or project commitments disclosed.

ENGINERSIN Mid cap 12:36 PM
7
Order Wins · Electronics

Digilogic wins ₹1.60 cr defence PSU order for static test jig

Order adds to ₹31 cr book but is about 2% of revenue. Delivery by Feb 2027. Small win, but execution remains the real test.

DIGILOGIC Micro cap 12:25 PM
6
Media & Entertainment

Saregama picks Sula Vineyards' CFO Abhishek Kapoor as new finance chief

Abhishek Kapoor, a chartered accountant with 25 years of experience, will take over on 15 July 2026. Kuldeep Kothari will serve as interim CFO for the three-week transition.

SAREGAMA Mid cap 12:09 PM
8
Order Wins · Engineering - Industrial Equipments

United Drilling Tools bags repeat ₹1.61 cr export order for Petrobras

The nano-cap company has secured a repeat order from Argentera Oil and Gas for casing pipe supply to Petrobras, reinforcing its export credentials with a global oil major.

UNIDT Micro cap 12:05 PM
5
Cement

JK Cement wins a limestone block, keeps the numbers quiet

The Gilund block in Chittorgarh spans 370.96 hectares. No bid price, no reserve estimate, no timeline. It's a strategic placeholder.

JKCEMENT Large cap 12:01 PM
7
Engineering - Industrial Equipments

Shri Bajrang exits distillery JV, appoints new chairman

Board clears full withdrawal from chemical distillery LLP, freeing capital and eliminating contingent liabilities. Anand Goel named chairman as the nano-cap refocuses on steel and food.

SHBAJRG Micro cap 11:56 AM
7
Cement

Star Cement wins preferred bid for Assam limestone block with 207.8 MT reserves

The 123-hectare Boro Lakhindong West Block strengthens captive supply for the company's northeast operations and supports its ₹1,500 crore capex plan.

STARCEMENT Mid cap 11:24 AM
5
Metal - Non Ferrous

Hindustan Copper gets forest clearance for Chandmari mine

The clearance is co-terminus with the existing lease and adds no reserves or expansion. A routine regulatory step for the state-run miner.

HINDCOPPER Large cap 11:20 AM
8
M&A · Finance - NBFC

E & E Enterprises gets a new 6.25% shareholder in a single trade

Kanta Agarwala's open-market purchase, disclosed a day after the Jain family sold the same number of shares, brings a concentrated block onto a ₹1 crore nano-cap company.

ZSWASTSA Micro cap 11:14 AM
7
Laminates/Decoratives

Shree Ganesh Bio-Tech exits Suncare Traders just months after entry

The entity sold a 3.39% stake between April and June 2026, dropping below the 5% disclosure threshold, leaving future moves opaque for the nano-cap.

SCTL Micro cap 11:04 AM
6
Earnings · Trading

Adani Enterprises: record ₹1.5 lakh crore capex, nuclear entry

At the annual meeting, Gautam Adani announced 30% of India's private sector capex, along with forays into nuclear power and aircraft manufacturing with Leonardo and Embraer.

ADANIENT Mega cap 11:00 AM
7
Order Wins · Trading

Shree Marutinandan lands ₹76L fire-fighting order from POWERGRID project

The third work order in a month strengthens order book visibility for the nano-cap firm; delivery by December 2026.

SHREE Micro cap 10:54 AM
8
Steel & Iron Products

VISA Chrome sees ACRE sell 3.34% stake after pledge invocation

ACRE sold 4.88M shares in the open market (June 10-22), cutting its stake from 16.32% to 12.97%, signalling active monetisation and adding supply overhang to a micro-cap with negative equity.

VISACHROME Micro cap 10:54 AM
9
IT - Software

Virgo Global promoter dumps 10.6% stake in single day

Shri Nakoda Logistics sold 11.15 lakh shares on BSE, cutting holding from 30.98% to 20.36% for a nano-cap with zero revenue and mounting losses.

VIRGOGLOB Micro cap 10:39 AM
8
Pharmaceuticals

Bacil Pharma loses another big holder — Patel cuts stake by 7.10%

Nikita Hiren Patel sold nearly a third of her remaining stake, dropping from 17.17% to 10.07%. The ₹60-cr nano-cap has zero operating revenue.

BACPHAR Micro cap 10:37 AM
5
Credit · Engineering - Industrial Equipments

Shri Bajrang's credit rating slips one notch to BBB-

Infomerics downgraded the Rs 25 crore HDFC facility to lowest investment grade, citing a review of FY26 performance. Outlook stays stable.

SHBAJRG Micro cap 10:36 AM
8
Order Wins · Engineering - Industrial Equipments

Admach Systems lands ₹5 cr steel-sector order, order book hits ₹81.71 cr

The two-roll straightening machine order from a domestic steel customer adds about 7% to FY26 revenue and takes the order book well above trailing sales.

ADMACH Micro cap 9:43 AM
7
Pharmaceuticals

Shilpa Medicare commissions ADC facility, targets global CDMO play

The Dharwad plant is fully operational and entering GMP qualification; the company aims to become a cost-competitive CDMO partner for oncology drug makers.

SHILPAMED Mid cap 9:05 AM