Notes archive.
RBL Bank gets top Crisil rating after Emirates NBD infusion
Crisil assigns AAA/Stable to fixed deposits and infrastructure bonds, citing majority parent support and a pro-forma capital adequacy ratio of 35.3%.
Foseco India gets ₹11.99 cr for subsidiary stake, vs ₹134.75 cr estimate
Actual proceeds from selling 1.77% of Foseco Crucible were 91% below the May estimate, but the deal is only 0.3% of market cap.
Getalong promoter lifts stake to 41.47% with second open-market buy in a week
Westpac buys 3,20,000 shares at ₹8.10, lifting stake to 41.47%. With two buys in a week, promoter has added over 3 points, a strong vote of confidence for a ₹17 cr nano-cap.
Veer Global plans ₹15 cr rights issue
Nano-cap real estate firm approves rights issue worth 6.3% of market cap and finalises debt-to-equity conversion of ₹6.8 cr.
Esconet concall summary: no new info, routine disclosure
The June 22 call summary for Esconet Technologies is confirmatory, offering no material updates beyond what was already communicated.
Apar Industries locks in base oil supply from Aramco subsidiary
Apar's Saudi subsidiary signs a supply agreement with Luberef for feedstock at the new LubeHub Value Park in Yanbu, tying manufacturing expansion to local content goals.
7NR Retail promoter cuts stake to 3.87% in second sale in three days
Umang Trivedi sold another 2.14% on June 19, reducing his holding from 6.01% to 3.87%, after a 2.61% sale on June 17 that took it from 8.62%.
Fidelity slices Meesho stake under 5%, sells ₹1,712 cr in six months
Fidelity-managed funds sold nearly 98.4 million shares, reducing holding from 6.30% to 4.04% — a gradual reduction that kept the market calm.
Indrayani Biotech halts ₹50 cr rights issue indefinitely
The ₹49.90 crore capital raise, critical for the NPA-classified nano-cap, was supposed to shore up its balance sheet. Now there is no timeline.
BEL locks in ₹1,081 cr in fresh orders, routine for a firm its size
The new orders add 3.93% to annual revenue and a similar sliver to a ₹73,000 cr backlog. For a defence giant with a ₹3,12,000 cr market cap, this is a normal fortnight.
Info Edge's ₹41,300 cr startup stash: 8.4x on deployed capital
The annual letter reveals that Info Edge's startup investments, led by Zomato and PB Fintech, are now worth 65% of its market cap, with consumer tech returning 13.5x.
Sicagen promoter shifts 3.9% stake internally; holding unchanged
South India Travels Pvt Ltd sold 15,45,500 shares at market price to an unnamed promoter group entity. The aggregate promoter stake and public float are unchanged.
Steelman Telecom seeks ₹50 cr via preferential issue, 77% of market cap
The board will meet on June 29 to consider a preferential issue that would raise funds equal to over three-quarters of the company's current valuation. The move could signal a strategic shift for the nano-cap telecom firm.
Salem Erode to raise ₹1.5 cr via unlisted NCDs at 12% coupon
The nano-cap NBFC will issue 15,000 NCDs of ₹1,000 each on private placement, with 36-month and 68-month tenures. The 12% coupon reflects its risk profile amid ongoing losses and net worth erosion.
GX Ventures crosses 5% in nano-cap Amarnath Securities
GX Ventures LLP and its PACs bought 15,000 shares in Amarnath Securities, lifting their combined holding from 4.98% to 5.48%, triggering a mandatory disclosure under the takeover code.
Punjab Chemicals' largest non-promoter holder trims stake by 3.4% in June
Gowal Consulting cut its holding from 24.47% to 21.04% through open-market sales over four sessions, reducing a position worth roughly ₹40 crore.
Fox Petroleum proposes ₹4,250 cr investment in Danube, 94x its market cap
Non-binding proposal, but for a ₹45 cr nano-cap, the sheer size is a genuine surprise. Company plans to rename and enter aerospace & defence.
Ashish Dhawan crosses 5% in Religare with ₹74 cr buy
The veteran investor bought shares and converted warrants, pushing his diluted stake to 5.42% and triggering SEBI disclosure.
Nanta Tech outsider lifts stake to 21.36% with ₹10.3 cr buy
Yash Hitesh Patel and PACs acquired 2,02,200 shares on June 11, pushing their collective holding above one-fifth. The open-market purchase is a material ownership shift for a nano-cap.
Shree Refrigerations lands repeat Navy order — ACs on PM-commissioned warships
Shree Refrigerations' AC plants on second set of PM-commissioned warships. New 50,000 sq ft plant doubles capacity, supporting 40% CAGR target.
Tinna Rubber dispatches first batch from new Varale plant
The recovered carbon black and tyre pyrolysis oil facility came online ahead of a previously postponed timeline, with annual revenue contribution pegged at ₹50-55 crore — roughly 10% of FY26's ₹533 crore turnover.
Sandesh revenue jumps 50%, but Q4 investment loss eats into profit
FY26 revenue hit ₹437.82 crore, yet net profit slipped to ₹67.40 crore as a ₹38.24 crore investment loss pushed Q4 into the red. Board recommends ₹5 dividend and reappoints chairman.
Dhunseri Tea's full-year profit more than doubled, but Q4 loss persists
Standalone PAT jumped to ₹590 lakhs from ₹232 lakhs, helped by estate sales. But Q4 lost ₹3,293 lakhs, nearly wiping out the gains.
Brahmaputra Infra lands ₹70 cr NH contract in Mizoram
The nano-cap constructor is L1 for a five-year O&M contract on NH-502A near the Myanmar border, valued at roughly **15%** of its market cap.
Karma Energy logs ₹104.93 lakh annual profit despite Q4 loss
Full-year net profit of ₹104.93 lakh follows a Q4 loss of ₹82.29 lakh. The board reappoints managing director for three more years.