Notes archive.
Swagat Trexim sells another 2.27% in MSP Steel, now down to 1.44%
Swagat Trexim reduces MSP Steel stake to 1.44% with a ₹52 crore share sale, the second such tranche in two weeks.
Manoj Jewellers eyes rights issue as revenue surges 91%
Board to meet June 24 to consider equity raise, also appoints CFO. No size disclosed yet for the nano-cap jeweller.
Equitas SFB to seek nod for QIP, NCD raise at June 24 board meet
First public disclosure of capital-raising plans. No size or pricing yet. The AGM will decide.
Maximus buys 40% of Quebec Petroleum for ₹18.4 cr
A related-party deal that nearly doubles Maximus's effective scale — the target's ₹184.7 cr turnover matches Maximus's own top line.
Reliance hits record revenue, cuts Kutch output 87%
Mukesh Ambani guided EBITDA to more than double again, but the Kutch renewable hub's projected annual output was slashed by 86.7% from 300bn to 40bn units.
Crestchem's FY26 revenue rises 18% but profit flat
Net profit nearly unchanged at ₹2.71 cr on revenue of ₹29.61 cr. Board recommends ₹1.50 dividend and formalizes ₹2.25 cr subsidiary investment.
SBEC Sugar secures ₹100 cr promoter-group loan at 15% interest
The unsecured loan from Longwell Investment is 23.6% of market cap and provides working capital support for the nano-cap sugar processor.
Rolex Rings credit upgraded but outlook trimmed to stable
India Ratings lifts Rolex Rings to 'IND A' from 'IND A-' after the company cleared a ₹101 cr liability and built a net cash position. The stable outlook reins in upgrade expectations.
Unifinz Capital promoters sell 2.18% stake in open market
Promoters Pawan Kumar Mittal and Kiran Mittal sold 965,000 shares over several days in June, reducing their combined holding from 24.64% to 22.46%. The sale is material for a nano-cap NBFC with a market cap of ₹421 crore.
Gilada Finance forms JV with Harley of London India
Partnership covers healthcare, wellness, lifestyle, and financial services under the HOLNESS brand. Board also approves ₹5 lakh NCD at 12.25%.
Kirloskar Oil Engines lands 192 MW data centre power order from HyperNext
One of India's largest standby power installations for data centres. Order value not disclosed, estimated at ~₹192 crore.
Bloom Dekor wins NCLT nod for ₹4.33 cr revival plan
Two applicants approved; new board in 90 days. Plan value is 72% of its ₹6 cr market cap.
Intense Technologies founder C.K. Shastri to retire in June 2026
The founder and MD of the ₹240 crore software firm is stepping back from active management, citing health, and will take an advisory role as Chairman Emeritus.
ACS Technologies secures CMMI Level 3 certification for software, services
The nano-cap IT firm now has a globally recognized process benchmark to support bids for larger government and enterprise contracts, especially in defence and smart city projects.
MSP Steel board okays change in warrant fund use; details absent
Variation in use of preferential warrant proceeds requires shareholder nod at EGM on July 14, 2026. The filing offers no specifics on quantum or purpose.
Bharat Dynamics gets new CMD, ends leadership gap
Shailesh Vagerwal appointed by government; term runs until superannuation in 2031.
BCPL nabs ₹4.62 cr Eastern Railway order, fourth this month
The Sealdah division award converts prior L1 status into a binding contract for platform extension works, following a ₹13 cr project last week and two smaller orders earlier this month.
Volrado dumps half its Rashi Peripherals stake in a day
The institutional investor sold 1.9 million shares (2.88% of equity) on June 16, cutting its holding from 6.10% to 3.22%.
Fire hits BCL's Bathinda distillery; damage yet to be assessed
A fire broke out in an ethanol tanker at BCL Industries' Bathinda distillery on June 19. No injuries were reported, and the fire was controlled by the internal fire department. An investigation and loss assessment are underway.
Aimco Pesticides partners with University of Melbourne for agri research
The nano-cap firm commits AUD 191,096.40 (about ₹1.05 cr) for student research on novel agricultural products. That's roughly 2% of its market cap, crossing the materiality threshold for its size.
HOEC transcript repeats known production targets
The Q4 earnings call transcript restates production targets of 10,000-33,000 boe/d and HPCL crude update; no fresh financial guidance.
Sandu Pharma faces void after MD Umesh Sandu's sudden death
The ayurvedic drugmaker's promoter and managing director has died, leaving a leadership gap at a nano-cap firm with ₹41 cr market cap and no successor named yet.
Mahindra Lifespace grabs ₹5,600 cr GDV land in Kandivali East
The 15-acre greenfield site, won via competitive bid, adds 1.8 mn sq ft of development potential in a prime Mumbai micro-market. At 75% of its market cap, it's a company-defining bet.
RCC Cements wants to trade cement for smartphones with ₹200 cr it doesn't have
A ₹8-cr nano-cap cement firm with no active business approves a pivot to consumer electronics, backed by borrowings 25x its market cap. Shareholders get to vote on July 17.
Autofurnish's FY26 revenue grows 14% but profit stays flat after listing
The auto accessories maker reported standalone revenue of ₹36.86 crore, yet net profit was virtually unchanged at ₹3.21 crore. The company listed on BSE SME in late May.