Tipsheet
What matters at India’s listed companies
Archive / Page 37

Notes archive.

Sat · 20 Jun
9
Trading

Prabhhans promoter sells entire 27.82% stake off-market, exits company

Founder Kase sold all his 4,68,926 shares on 15 June at about ₹29.30 apiece, pulling the biggest shareholder out of the ₹22-cr nano-cap. Director Harpott Kear Chawla also sold nearly all his holding.

PRABHHANS Micro cap 7:44 PM
5
Dyes & Pigments

Aksharchem starts 2.4 MW captive solar plant at Dahej

Generation started April 24; GEDA certificate received June 20. Captive use should trim power costs, though investment and savings undisclosed.

AKSHARCHEM Micro cap 7:44 PM
6
IT - Software

Avance Technologies loses its CFO without naming a successor

CFO Vijay Purohit resigns effective June 20, citing personal commitments; the nano-cap company's finance chief post is now vacant.

AVANCE Micro cap 7:29 PM
8
Credit · Textile - Manmade Fibres

Jattashankar raises ₹12 cr via warrants, but allotment is a fraction of plan

The textile nano-cap allotted 13.05 lakh convertible warrants at ₹92 each, raising ₹12 crore, well below the 81.55 lakh warrants the exchange had cleared.

JATTAINDUS Micro cap 7:24 PM
7
Finance - Investment

Onelife Capital's CFO quits days after ₹36 cr rights issue

Satish Kumar resigned citing personal reasons, leaving the nano-cap lender without a finance chief at a critical time of capital deployment.

ONELIFECAP Micro cap 7:15 PM
9
Textile - Machinery

Veejay Lakshmi board seeks nod to sell entire undertaking, borrow ₹70 cr

The nano-cap engineering firm wants shareholder approval to sell substantially all assets and borrow ₹70 crore, 3.9x its market cap. A potential exit from operations.

VJLAXMIE Micro cap 7:04 PM
8
Order Wins · Textile - Spinning

NCLAT halts Kallam Textiles insolvency, opens door for restructuring

The tribunal gives suspended directors four weeks to submit a plan to creditors. Equity holders get a second chance as the company stays operational.

KALLAM Micro cap 6:52 PM
7
Logistics

Sical Logistics shares face weekly trading limit under ASM

Stock exchanges placed the logistics firm under additional surveillance measure effective June 22; trading restricted to once a week. Company downplays impact, but micro-cap liquidity takes a hit.

SICALLOG Micro cap 6:46 PM
6
Asset Management

Vedant Asset builds a fintech app for rural mutual fund investors

A ₹16 crore nano-cap asset manager aims to bring first-time rural investors onto a mobile platform. The announcement is short on finances, long on ambition.

VEDANTASSET Micro cap 6:42 PM
6
Castings & Forgings

PTC Industries to explore capital raise at June 27 board meeting

The precision-castings firm gave no details on size or structure, leaving investors to wait for the board's decision.

PTCIL Large cap 6:42 PM
8
Telecom - Equipment

Pace Digitek commits ₹200 cr to quadruple battery storage capacity

The formal board approval turns a May guidance into capital expenditure. A new 5 GWh line and in-house container fabrication will be phased in this fiscal, funded through internal accruals.

PACEDIGITK Small cap 6:25 PM
8
Trading

Binny Mills control shifts to Sisters group in family settlement

VRV Group transfers its entire stake to Sisters, who will nominate majority board and MD; trademark rights go to Venkataachalam.

BINNYMILLS Micro cap 6:08 PM
8
Order Wins · Metal - Non Ferrous

Siyaram lands ₹5.99 cr Supreme Industries order, fourth win this month

The deal is equal to 8% of market cap and marks the first disclosed engagement with the plastic-polymer giant. Seven-day delivery offers near-term cash flow visibility.

SIYARAM Micro cap 5:42 PM
5
Earnings · Textile

Binny's quarterly profit gets a settlement boost, but auditors flag same old concerns

Revenue up 32% sequentially to ₹19.08 cr, net profit ₹11.55 cr, thanks to ₹41.89 cr JDA settlement revenue. But auditor repeats qualified opinion on ₹29 cr in stranded advances and ₹19 cr receivable.

BINNY Micro cap 5:35 PM
5
Trading

Uma Exports promoter sells another 0.32% stake for ₹25 lakh

Sumitra Devi Khemuka sold 1,10,000 shares on June 19, reducing her holding to 6.77%. The sale follows a 0.53% trim earlier in the month.

UMAEXPORTS Micro cap 5:34 PM
5
M&A · Pharmaceuticals

Sun Pharma buys Innovcare Lifesciences for ₹271 cr

A bolt-on acquisition that adds a portfolio of drugs and nutraceuticals, but at just 0.06% of market cap, it won't move the needle for India's largest drugmaker.

SUNPHARMA Mega cap 5:24 PM
8
Order Wins · Engineering - Construction

Power Mech lands ₹1,008.90 cr JSW thermal plant contract

The order from JSW Group is nearly four times the size of the Adani contract announced last month and boosts the order book substantially.

POWERMECH Mid cap 5:22 PM
5
Earnings · Professional Services

Nis Management posts ₹5.09 cr loss on labour-code charge

The audited results confirm a year swung to loss by a ₹27.82 cr exceptional item. Of the ₹51.75 cr IPO proceeds raised in September, ₹36.91 cr sits idle in bank accounts.

169 Micro cap 5:15 PM
8
Trading

Afloat Enterprises promoters sell 5.42% stake in single day

Three promoter members offloaded 680,000 shares on June 18, cutting stake from 26.10% to 20.69%. The sale follows over 11% in promoter exits in recent weeks for the ₹17 cr nano-cap that saw revenue drop 70% in FY26.

ADISHAKTI Micro cap 5:14 PM
5
Earnings · Pharmaceuticals

Astonea Labs profit slides to ₹451.52 lakhs; ₹9.39 cr fire loss uninsured

Audited FY26 results show net profit of ₹451.52 lakhs, down from ₹535.06 lakhs. A post-year factory fire caused ₹9.39 crores in damages; insurance claim not yet filed.

ASTONEALAB Micro cap 4:43 PM
5
Logistics

Chartered Logistics loses a whole-time director, no successor named

Harsh Gandhi quits effective June 25, citing personal reasons. The nano-cap, already loss-making this year, now has an open seat on its board.

CHLOGIST Micro cap 4:37 PM
7
Engineering - Industrial Equipments

MPF Systems MD quits, board pivots to travel & tourism

Sharang Amar Sharma steps down; promoter-family member Parshottambhai Rupareliya takes over. Shareholders to vote on new business line.

MPFSL Micro cap 4:18 PM
5
Earnings · Textile

Prakash Woollen posts FY26 net loss despite subsidies, land gains

Revenue flat at ₹106.25 crore; auditor gives unmodified opinion. The company swung from a ₹125.65 lakh profit to a ₹88.77 lakh loss.

PWASML Micro cap 4:04 PM
6
Earnings · Plastic Products

Union Quality Plastics posts nil revenue for fourth year; going concern flagged

Auditor Sagar & Associates issues qualified opinion with eight matters, including material uncertainty about survival; net worth fully eroded at negative ₹166.85 lakhs.

UNQTYMI Micro cap 3:59 PM
6
Order Wins · Industrial Gases & Fuels

Refex lands ₹29 cr ash transport order, its second in weeks

The 12-month contract from a Maharatna firm for NHAI road projects adds to order book but is modest at ~1.4% of revenue.

REFEX Small cap 3:54 PM