Notes archive.
7NR Retail promoter sells 2.6% stake in off-market deal
Umang Trivedi cut his holding from 8.62% to 6.01% in a single transaction on June 17. The company's market cap is just ₹16 crore.
Serum Institute cuts Ravinder Heights stake by 2% in open market
The vaccine maker sold 1.27 million shares on June 16, lowering its holding from 9.39% to 7.32%. For a nano-cap real estate firm with collapsing revenue, a notable investor exit is a red flag.
Desco Infratech lands ₹15 cr gas pipeline order from Sabarmati Gas
Binding LOI for steel gas pipelines in Gujarat; adds to ₹345 cr order pipeline. Counterparty is a JV of GSPC and BPCL.
Race Eco Chain proposes demerger, ties up with Ganesha Ecosphere
The nano-cap recycler will split into three listed entities while India's largest PET recycler takes an equity stake. Standalone Q4 revenue slipped 22% to ₹108.25 cr.
Tata Power lands ₹521 cr/yr transmission project in Karnataka
Tata Power receives a letter of intent to acquire Ryapte Power Transmission Ltd, a project SPV for 250 km of lines and two substations. The 35-year concession offers annual charges of ₹521.07 crore.
WABAG lands >$150M desalination plant in Kuwait, first Gulf entry
The order is over 32% of annual revenue and includes a 5-year O&M phase, giving multiyear visibility.
Aurobindo gets FTC nod for Lannett, moves closing to June
The US regulator clears a key hurdle for the generics deal announced last July. Aurobindo now expects to close before end of June, ahead of initial guidance.
Jubilant Pharmova's Spokane plant gets 8 FDA observations, none on sterility
No sterility concerns at key injectables unit, but 8 observations require a 15-day response. Spokane Line 3 expansion is the growth driver.
GE Power India sets July 20 for demerger vote on Durgapur unit to JSW Energy
NCLT-ordered meetings on 20 July will see shareholders and creditors vote on transferring the Durgapur manufacturing facility to JSW Energy Ltd.
Airtel loses Connected Homes CEO to Singtel group
Siddharth Sharma, who oversaw home broadband and marketing, steps down effective July 19. His move to a competitor raises succession questions.
Coastal Corp sets meetings with SBI AMC, Old Bridge, Kotak AMC
MD Thottoli Valsaraj will meet institutional investors in person during the week of June 23, 2026, moderated by InCred. For a nano-cap with ₹345 cr market cap, such engagement signals potential institutional interest.
GB Logistics hikes authorised capital 150%, approves SPA in board meet
The nano-cap logistics firm's standalone profit fell to ₹244 lacs but consolidated profit inched up; capital hike from ₹10 cr to ₹25 cr signals potential fundraising or acquisitions.
CRISIL wins ₹40 cr tax order; impact is a rounding error
CIT(A) allows appeal for AY 2014-15 TDS dispute. Relief of ₹40.23 crore is just 0.13% of market cap — a legal win with no material financial effect.
Zeal Aqua lands third ECLGS loan in weeks, ₹10.88 cr from PNB
The nano-cap shrimp exporter has now tapped Bank of India, Indian Bank and PNB, piling up near-₹30 cr in government-guaranteed credit in under a month.
Pennar promoter pledges 2.35% stake for personal loan, first-ever encumbrance
Aditya Rao pledges 31.73 lakh shares to Bajaj Finance, pushing total promoter pledging to 3.46% of equity. The move comes as the warrant allotment to Pennar Holdings goes through as a routine step.
Anik Industries posts Q4 loss of ₹53.57 lakhs as revenue shrinks
Standalone revenue fell to ₹803.90 lakhs from ₹4,874.34 lakhs a year ago. Full-year consolidated net loss of ₹93.54 lakhs vs profit of ₹303.96 lakhs.
Candour Techtex logs ₹146.89 lakh loss, pivots to defense, aerospace
Revenue fell 69% to ₹5,812.93 lakh in FY26. Board seeks shareholder nod to add naval and aerospace lines at July 22 EGM.
Candour Techtex posts loss in FY26, pivots to defense and aerospace
Net loss of ₹146.89 lakh vs profit of ₹67.28 lakh a year ago; revenue drops 69% to ₹5,812.93 lakh. Board proposes MOA change to include naval/defense shipbuilding and aerospace engineering.
Chandni Machines FY26 revenue shrinks as trading halts; board pivots to shipbuilding
Revenue drops to ₹2,597.46 lakhs from ₹20,098.62 lakhs; net profit falls to ₹73.12 lakhs. Board adds shipbuilding and naval defence to object clause after ₹41-crore preferential allotment.
Chandni Machines swaps trading for shipbuilding after revenue collapses 87%
FY26 revenue fell to ₹2,597.46 lakhs from ₹20,098.62 lakhs as trading halted; board moves to add manufacturing, shipbuilding, and naval defense to MOA. Shareholder vote on July 23.
Om Metallogic lands ₹18.81 cr order worth 94% of market cap
A single contract from Oswal Castings for 476,350 kg of aluminium alloy ingot equals about a quarter of the nano-cap's annual revenue.
Vintage Coffee flags 14-day annual plant shutdown
Scheduled maintenance at wholly owned subsidiary from June 19 to July 2; Delecto Foods runs as usual. No material impact expected.
Amber Enterprises signs Oppo to make phones for OnePlus, Realme
No upfront investment required. Amber pairs its manufacturing scale with Oppo's product expertise in a deal that opens a new vertical.
Salasar's audited profit jumps to ₹18.44 crore
Consolidated net profit rose to ₹18.44 crore, revenue more than doubled to ₹112.37 crore. The audit adds a clean opinion; the market already had these numbers.
Magellanic Cloud plans preferential issue, size under wraps
Board to meet June 25 to consider issuing equity or convertible warrants. Trading window closed. No pricing or quantum disclosed yet.