Notes archive.
Batliboi buys Penta Automation for ₹19.8 cr to expand in robotics
The all-cash deal adds a robotics integrator with ₹25.17 cr revenue, ~5.7% of Batliboi's turnover. Key sellers stay on.
NIIT Learning Systems launches AI suite, but no orders disclosed
The four-area portfolio targets enterprise L&D transformation. Without client commitments or revenue guidance, the strategic push lacks near-term financial impact.
Quess Corp links Japan and India with new GCC corridor
The partnership targets Japanese companies' GCC needs in AI, cybersecurity, and engineering, but lacks quantified targets or revenue guidance
We Win lands ₹8.70 cr MPRDC order for accident response system
The three-year contract from a state government undertaking is worth about 17% of We Win's ₹51 cr market cap and roughly 9% of its annual revenue, providing multi-year revenue visibility.
RailTel bags ₹334.52 cr Railways order for e-Office upgrade
The contract to upgrade e-Office to version 7.x with mandatory digital signatures is worth 7.8% of annual revenue and provides five-year revenue visibility.
HPL transcript confirms growth trajectory, smart meter TAM expands
Management reiterates ₹1,000 cr C&I revenue target for FY27 and notes government extended smart meter deadline to March 2028, raising TAM to 31-32 crore units.
Mangal Credit locks in ₹20 cr via NCDs at 11.75% coupon
The nano-cap NBFC taps debt markets again, raising ₹20 cr in its second NCD issuance in two months. That's 4.37% of market cap.
Director Mohit Chheda sells 3.1% stake worth ₹56 cr in Credent Global
The disposal over four days cuts combined holding to 6.84%; sale equals 31% of the nano-cap NBFC's market cap.
Neomile Growth Fund pares Deepak Builders stake by 2.16%
Sold 10.06 million shares in open market, reducing holding from 10.06% to 7.90%. The ₹9 cr sale is material for the ₹417 cr market-cap nano-cap.
Plastiblends promoters reshuffle ownership; group holding stays at 62.81%
Kolsite Corporation sold 1.77% equity between June 17-22, while Varun and Jyoti Kabra each bought 0.88%. Total promoter group unchanged.
Interarch lands ₹375 cr in June orders
The pre-engineered building company secured contracts across energy, hydrocarbon, data centres, and more. At ₹375 crore, June inflows alone are about 12% of market cap.
Mahamaya Steel gets investment-grade rating from Brickwork
Brickwork assigned BWR BBB+/Stable and BWR A2 to ₹51.47 cr bank facilities, complementing Mahamaya's existing Infomerics BBB rating.
Interarch lands ₹165 cr pre-engineered building order
Order adds to ₹1,700 cr book, covers 9 months of revenue. Client undisclosed.
Lloyds Engg promoter frees 2.3 cr shares from Tata Capital pledge
Lloyds Enterprises released pledge on 2.30 crore shares, reducing encumbered holding from 18.41% to 13.65% of promoter stake. The move signals improved financial flexibility.
Landsmill Green promoter gifts 3.55% stake, drops below key threshold
Lakhmendra Khurana's holding falls from 10.33% to 6.78% via an undisclosed inter-se gift, raising questions about control and planned fundraising.
Tata Motors targets 40% market share, teens EBITDA margin by FY28
At its first investor day post-demerger, the CV pure-play laid out a five-year roadmap including 7-9% FCF margin and 30-35% ROCE after IVECO, with digital business housed under new AIEQ Mobility entity.
Dee Development lands ₹64 cr wind tower order, diversifies beyond piping
DEE Fabricom India will supply 15 windmill towers to Ganeko Solar by Jan 2027. The order, worth 5.6% of FY26 revenue, adds a new revenue stream outside its core piping business.
IP Rings buys JV's ₹39 cr exhaust biz for Re. 1
IP Rings acquires the manufacturing division of its joint venture via slump sale at a nominal price, adding roughly a quarter of its market cap in annual revenue.
Titan loses chairperson and two directors as co-promoter TIDCO pulls nominations
Sandhya Sharma, Arun Roy, and Mariam Pallavi Baldev resign effective June 22, 2026, after TIDCO withdraws its nominees. The board shrinks but operations are unaffected.
Maniveni Foods' revenue slides 16.6% in first post-listing results
Revenue dropped to ₹169.75 crore from ₹203.48 crore, but net profit held steady at ₹3.86 crore. The first audited annual report since listing on BSE SME leaves institutional investors with questions.
Acutaas Chemicals' facility raided by GST anti-evasion dept
CGST search at Sachin facility & registered office began Jun 22, still ongoing. Company says no material impact yet, but uncertainty remains for the ₹26,595 cr CDMO.
GEE Ltd lands exclusive welding supply for three Navy warships
The nano-cap company's welding consumables were the only ones used on INS Dunagiri, INS Agray, and INS Sanshodhak, built by GRSE with 75% indigenous content.
Polyplex's Thai unit gets a ₹310 cr takeover bid from a related party
AGPH (Thailand) offers THB 15 per share for all shares of Polyplex (Thailand), valuing it at THB 13.5B (₹310 cr). Formal offer by June 2026. Parent's stake and decision remain unclear.
Oswal Greentech puts ₹90 cr into Dubai real estate subsidiary
Board approves AED 40 million investment for a wholly owned Dubai subsidiary as the micro-cap's internal auditor resigns with immediate effect.
Yash Highvoltage raises ₹151 cr, upsizes earlier guidance
Preferential issue to top institutional investors dwarfs the ₹100-110 cr flagged in May, adding 6.3% to equity base. Funds likely for new RIP facility and working capital.