Notes archive.
AYE Finance gets one-notch credit upgrade to IND A+ after IPO
India Ratings lifts rating, citing better capitalisation, growing mortgage share, and diversified funding. Market may have priced it in.
Mayank Cattle Food board to consider bonus issue on July 7
The nano-cap company with a market cap of ₹110 cr springs a surprise with a bonus proposal. No ratio disclosed yet.
Biocon scores MYR 225 mn insulin supply deal in Malaysia
Duopharma Biotech's tender wins from Malaysia's MOH secure Biocon a three-drug supply agreement, but the annualized revenue is modest relative to its size.
Karur Vysya Bank elevates CFO to COO, names internal successor
Ramshankar R moves to COO from Oct 2026; Ramasamy G V takes over as CFO from Sep 1. An external hire from BoB joins corporate banking.
ED slaps provisional attachment on Vikas EcoTech promoter
A ₹174 cr nano-cap says the Enforcement Directorate has frozen its promoter's assets. The company insists business is unaffected, but the regulatory cloud is material for its size.
CleanMax backs five SPVs with ₹474 cr in guarantees
The guarantees equal 24.8% of FY26 revenue, funding project debt for subsidiaries including Clean Max Theia (₹372 cr).
SIS board to weigh buyback on June 29
Mid-cap security firm signals confidence. Trading window shut ahead of price-sensitive board meet.
AVG Logistics net doubles but one-time gain masks core weakness
Q4 standalone profit doubled to ₹10.64 cr, but a ₹21.19 cr lease termination gain accounted for the entire increase. Full-year revenue flat at ₹556 cr; ₹52.93 cr rights issue fully subscribed.
Greaves Cotton starts a Dubai unit. The price tag? Unknown.
The new entity, Greaves International Trading FZE, will handle international distribution. But the announcement reveals no investment, no revenue targets, and no contracts.
Sparc Electrex's FY26 loss widens to ₹44.62 cr as revenue collapses
Auditors flagged unsupported write-offs of ₹2.31 cr in inventory; the company's bank account remains frozen by the Income Tax Department.
Sparc Electrex loss deepens to ₹44.62 cr as revenue vanishes
Auditor qualifies opinion on unsupported write-offs; bank account frozen, cash at ₹24.8 lakh. Loss triples from ₹15.20 cr in FY25.
Sharika Enterprises to raise ₹27 cr via preferential shares, warrants
The nano-cap, nursing a net loss and negative net worth, is issuing equity and warrants worth 31% of market cap. Shareholders vote on July 17.
Goldline promoter lifts stake to 29.27% with open-market buy
Swapan Khandelwal bought 60,000 shares (0.62% of equity) on 22 June. No pledging. For a nano-cap with a market cap of just ₹42 cr, it's a rare vote of confidence.
Govt to sell 2% IRFC stake via OFS at ₹91 floor
The June 24-25 sale targets the mandatory 25% public holding. No discount for retail, Goldman Sachs sole broker.
Disha Resources promoter gets 3.34% gift, sells 2.75% on same day
Mayadevi Kabra's holding rises to 12.61% after an inter-se gift, but an open-market sale of 2.75% on the same date muddles the confidence signal.
Antony Waste issues ₹50 cr guarantee for subsidiary credit line
The guarantee to Oxyzo Financial Services adds a fresh contingent liability worth 3.62% of market cap for the micro-cap waste handler.
Jattashankar raises ₹27.6 cr via warrants, dilutes ~15.7% of mcap
The nano-cap textiles company approved 30 lakh convertible warrants to 13 allottees, including promoters. Allottees paid ₹6.9 crore upfront; the balance is due in 18 months.
Infosys guides low, but AI hits $1B run rate
FY26 revenue rose 3.1% to $20.2B, large deals $14.9B. FY27 outlook: 1.5-3.5% growth, 20-22% margin. Shareholders' bonus and stock questions went unanswered.
Bajaj Auto hit by ransomware, says it contained the attack
The two-wheeler major suffered a cyber attack on 23 June 2026 but reports no operational disruption or data loss; CERT-In notified.
Khadim India board to mull preferential issue on July 2
The footwear retailer, with a market cap of just ₹197 cr and declining revenue, will consider raising funds via equity or warrants, a potentially dilutive move.
Patel Integrated approves ₹10.8 cr buyback at ₹18/share
The tender offer for 8.62% of equity signals management confidence and will boost earnings per share. Record date is June 30.
Rashi Peripherals buys 67% of VDA Infosolutions for ₹368.50 cr
All-cash deal gives Rashi entry into enterprise IT solutions. VDA's revenue fell 18% in FY26 but the acquisition is strategically significant.
Maagh Advertising FY26: revenue nil, loss deepens; already known
Full-year standalone revenue zero after earlier H1 disclosure; the ₹572 cr market cap rests on balance-sheet goodwill and investments.
Minolta Finance withdraws record date for ₹49.5 cr rights issue
The cancellation, just days before a board meeting to revise terms, delays a capital raise worth over three times the company's market cap. New terms and timeline to be announced later.
Carnation promoter lands ED attachment order, company denies direct allegations
The provisional order pertains to foreign entities and FPIs. The nano-cap firm says no predicate offence has been alleged and business remains unaffected.