Notes archive.
Imagicaaworld forced to shut water park as dams run dry
Maharashtra irrigation order halts water draw for Khopoli park from June 19; insurance claim uncertain as summer peak coincides with already-crashing earnings.
Maagh Advertising revenue hits zero, results delayed nine months
Standalone revenue vanished in H1 FY26. Consolidated revenue fell to ₹9.45 lacs from ₹1,589.78 lacs, and the company swung to a net loss from profit. Filing was nine months late.
Shiva Granito promoter warrants convert, raising ₹3.15 cr
Promoters convert 28 lakh warrants at ₹15 each, infusing 17.5% of market cap into the nano-cap tile company.
Anka India's auditor flags ₹18.96 cr goodwill test gap in FY26 results
Consolidated revenue rose to ₹1,809 lakhs but net loss widened. Standalone loss ballooned to ₹741.85 lakhs on impairment. Auditor gave qualified opinions on both sets.
Globalspace Tech converts ₹12.64 cr loan to equity, lifts Miljon stake to 99.83%
The conversion, representing 14.4% of market cap, wipes out a liability and deepens the parent's bet on a pre-revenue pharma-tech platform.
Patel Integrated to weigh buyback at June 23 board meet
The logistics nano-cap's board will consider a share buyback proposal. No size or price disclosed yet, but the move could be meaningful given the ₹100 cr market cap and strong PAT growth.
Arco Leasing secures RBI clearance for subsidiary mgmt
RBI approves Atul Jaiswal and Jitesh Kothari as directors of Ansu Trade & Fiscals until June 1, 2031, cementing new promoters' control over the material subsidiary.
Coforge sets FY27 margin target of 20.5%, eyes $5B by FY30
Management guided for EBITDA margin of 20.5% and EBIT of 16.5-17% for FY27, backed by Encora consolidation and AI savings, with a long-term vision of $5B revenue by FY30.
Arkade fires CSO after internal probe finds data leak
Amita Singh out for transmitting confidential info; company says no material impact but governance concerns mount as real estate developer reports losses and slowing sales.
Orient Ceratech sheds windmill arm for ₹15.25 cr
The division contributed just 1.55% of revenue but 7.45% of net worth. Proceeds can reduce debt or fund growth; completion expected in six months.
Allied Blenders taps United Spirits veteran as new CRO
Monish Bhasin joins as Chief Revenue Officer from July 1, 2026, succeeding Manoj Kumar Rai who resigned due to parents' health. Bhasin brings 28 years of experience in alco-bev and consumer goods.
AVG Logistics delays FY26 results; audit still incomplete
AVG Logistics postponed its FY26 results due to incomplete audit. No new date set. For a nano-cap with falling revenue, a delayed filing raises governance flags.
TV Today Network skips final dividend after profit slumps 76%
FY26 profit at ₹19.97 cr vs ₹82.72 cr prior — yield-oriented shareholders left empty-handed.
Riwind Green Energy FY26 loss widens; auditor warns on viability
Net loss of ₹68.45 lakh vs ₹25.22 lakh a year ago, zero operating revenue; qualified opinion flags unconfirmed borrowings of ₹255.28 lakh and going concern uncertainty.
Uma Exports promoter sells 0.53% stake worth ₹43 lakh
Sumitra Devi Khemuka reduces holding from 7.62% to 7.09% in open market trade on June 17; disclosure under insider trading rules.
3i Infotech renews NCDEX contract for ₹14.71 cr
The three-year managed services deal adds 2.1% to FY26 revenue and signals continued trust from a reputed exchange amid audit challenges.
Diamond Power doubles QIP ceiling to ₹2,000 cr, seeks to fix shareholding
With a market cap of ₹10,782 cr, the QIP size is large at 18.6% of equity. Proceeds to address minimum public shareholding norms and fund expansion.
Veer Global gets BSE nod for preferential issue, weighs rights issue
Nano-cap's board meets June 22 to convert ₹6.8 cr debt into equity at ₹85/share and evaluate a fresh rights offer. The move comes amid a ₹22 cr GST dispute and falling revenue.
Hilton Metal to raise ₹100 cr via QIP, almost its entire market cap
The board approved a QIP of up to ₹100 crore, roughly 85% of its ₹118 crore market cap, to fund a ₹720 crore defence order. The company had completed a ₹28 crore rights issue earlier this year.
Dollar sets July vote on scheme to bring trademark in-house
NCLT orders meetings for 22 July 2026 on composite scheme: demerger of Dindayal Texpro's hosiery unit and amalgamation of eight promoter entities, including Dollar Brands, which owns the 'Dollar' trademark.
MSP Steel signs 25-year solar PPA, plans 26% stake in supplier
The steelmaker locks in 10 MWp solar power at ₹3.17/unit under group captive open access, aiming to cut energy costs. A 26% equity stake in Elevate Solar is on the table.
Suraj Industries converts ₹25 cr loan to equity in subsidiary Carya
Board approved converting unsecured loan into shares of Carya Chemicals & Fertilizers, which reported ₹87.11 cr turnover in FY26 from its new bottling operations.
Mahindra Lifespace lands YKK India's ₹1,200 cr factory at Origins Chennai
Japanese fastening giant commits USD 150 million for 149,936 sqm facility; adds to global manufacturer tenant list.
Media Matrix halves guarantee to subsidiary nexG, cuts risk exposure by ₹40 cr
Corporate guarantee on nexG Devices reduced from ₹80 cr to ₹40 cr. The move lowers contingent liability by 2.65% of market cap, a material reduction.
Jyothy Labs was talking up Pril while quietly killing it
Management told investors in May they'd keep investing in Pril. By June 1, manufacturing stopped. Arbitration at SIAC has begun.