Notes archive.
ENIL gets MIB nod for promoter stake transfer to Times Horizon
MIB cleared the transfer of BCCL's 70.6% stake to Times Horizon on June 19, removing a regulatory hurdle for the internal reorganisation.
Pajson Agro locks in ₹27 cr from Kotak for cashew capacity push
The ₹20 cr term loan (84 months) and ₹7.5 cr working capital lift arrive as the company builds toward 55,000-tonne capacity and Q4 FY27 commercial production. The funds equal 6.3% of market cap.
Som Distilleries loses Bhopal plant license for FY27, recovery derailed
MP Excise Department rejects new license for the core Bhopal unit, already suspended since early 2026. The company had guided ₹1,400-1,500 crore FY27 revenue, now even that looks out of reach.
Divgi TTS bags 5-year AWD order from Indian OEM, production from FY28
Divgi TTS wins 5-year AWD order from Indian OEM for SUV components, production from Q1 FY28. No value disclosed. Approximately 6,000 units/year.
UCO Bank gets interim MD after Ashwani Kumar's term ends
Shri Rajendra Kumar Saboo takes additional charge from June 19 to August 31, or until a permanent appointment.
Om Metallogic board to mull capital hike, amount not disclosed
The nano-cap, which recently landed an order worth 94% of its ₹22 cr market cap, is set to increase authorized share capital. But the lack of quantum keeps the dilution picture unclear.
Callista Industries to raise half its market cap via preferential issue
BSE clears ₹26.9 cr preferential issue of warrants and shares at ₹10 each for a nano-cap with negative net worth and zero revenue.
Ansal Properties wins court order to halt sale of 35% promoter stake
Saket court restrains DMI Alternative Investment Fund from invoking or transferring 5.55 crore shares pledged by promoters, citing argument that loans were fully repaid via other collateral.
Windsor Machines locks in ₹149.99 cr from single investor
Vinit Bediya converts 1.04 crore warrants at ₹191.85 each, taking his stake to 10.25% and infusing nearly 5% of market cap into the engineering firm.
Crestchem revenue up 18% but profit flat at ₹2.71 cr
Revenue grew to ₹29.61 crore in FY26, but net profit stayed virtually unchanged at ₹2.71 crore. Board recommends ₹1.50 dividend per share.
Containe Technologies board to meet June 24 for rights issue
The nano-cap electronics firm, already flagged by its auditor for unbilled revenue, is considering a rights issue. Size yet to be disclosed; dilution risk is real at a ₹15 cr market cap.
Gravita's material arm gets rating upgrade from Infomerics
Rashtriya Metal Industries' bank loan facilities of ₹295 cr raised to IVR AA/Stable, short-term to IVR A1+.
Bharat Forge wins ₹425 cr defence contract for first indigenous naval gas turbine
The five-year order for 1.25 MW gas turbine generators on Kolkata-class destroyers marks Bharat Forge's entry into marine power systems, but at 0.44% of market cap it's a niche win, not a needle-mover.
Goodluck India bags ₹255 cr defence order for 155mm shells
The largest single contract for its defence vertical adds material heft to an ₹1,800 cr order book, to be executed within 10 months.
John Cockerill India lands ₹85-90 cr order from JSW JFE for CRGO furnaces
The order adds to a ₹33 bn backlog and deepens ties with the JSW group. Completion is set for 15 months from June 2026.
Alfa Transformers sheds loss-making Vadodara unit for ₹18 crore
The slump sale to KASST Industries eliminates accumulated losses of ₹15.81 cr and makes the company debt-free. The consideration is 41.9% of market cap.
Tirupati Innovar approves 1:10 split, 5:8 bonus; CS, director quit
Board clears capital restructuring to boost liquidity, but key resignations and a recent audit disclaimer keep governance concerns alive.
Zaggle signs 5-year PNB cobrand deal, no revenue terms
The fintech can sell PNB's retail card to its corporate clients, but the filing discloses no guaranteed revenue or minimum commitment.
Suratwwala's FY26 revenue jumps 13x to Rs 143 cr on dual platform
Real estate contributed Rs 90 cr at 46% margin; solar EPC unit SNER added Rs 54 cr in first full year. Solar pipeline for FY27 guided at Rs 100 cr.
Sumeet Industries lays out ₹199.75 cr rights issue use, guides 30% growth
The company allocates ₹100 cr to working capital and ₹49.90 cr to integrate the Nakoda plant, with explicit revenue guidance of ~₹1,370 cr in FY27 and nearly doubling in FY28, plus EBITDA margin targets of 5-6.5%.
Shelter Pharma's Q1 exports hit ₹5 cr, nearly matching FY26 full year
Q1 FY27 exports have already surpassed ₹5 crores, close to the ₹6 crores earned in all of FY26. The nano-cap also targets ₹200 crore revenue by FY30 with aggressive expansion.
Nestlé India board to consider special dividend on 3 July
Same record date as final dividend means shareholders could get two payouts in one day, signaling strong cash generation after the Maggi insect controversy.
Knowledge Marine pushes green tug by 1-2 years, eyes new dredgers
The company's flagship green tug project slips to 2028-2029 from mid-2027. A second fundraising of ₹150-200 cr is planned to buy two new dredgers.
Interworld Digital seeks ₹200 cr for consumer electronics pivot, 20x its market cap
The nano-cap firm, which defaulted on a loan and has no revenue, wants shareholders to approve borrowing that dwarfs its ₹10 cr valuation. An EGM is set for July 17.
Steel Exchange slashes FY27 volume growth target from ~100% to 25-35%
Management, which had earlier projected a doubling of volumes, now guides for a 25-35% rise on a consolidated basis, without a full explanation for the reversal.