Notes archive.
RLF swaps ₹1.36 cr promoter debt for equity, dilutes by 12%
Cash-strapped nano-cap textile company converts unsecured loans into shares, lifting promoter stake to 42.44% and tackling auditor's going-concern flag without cash outlay.
Star Housing's debenture trustee puts a director on the board
Vardhman Trusteeship nominates Yogesh Limbachia as nominee director effective June 17, 2026, after the housing finance company defaults on NCDs and term loans and sees its credit rating cut to 'D'.
Takyon Networks bags ₹1.5 cr order for F5 network security gear
The six-week delivery contract is material for the nano-cap at 4.84% of market cap, but FY26 profit dropped 52% tempering the news.
RACL Geartech transcript adds timelines to known wins
The June 12 call confirmed ₹512 cr revenue and laid out production dates for Royal Enfield, Kawasaki, and BMW EV projects. Nothing new on numbers.
Abans Financial pledges ₹75 cr to ICICI for broker unit
The guarantee equals 7% of the parent's ₹1,022 cr market cap and creates a material contingent liability, the first such disclosure for the NBFC.
HFCL lands ₹2,666 cr BharatNet order from RVNL, second this year
The single contract equals **53.9%** of trailing annual revenue, with a decade of maintenance attached.
B-Right Real Estate lands ₹143 cr FSI sale with Keystone Realtors
Step-down subsidiary Parth Construction sells 176 units in Jogeshwari project; deal equals 84% of FY26 revenue.
Resourceful Auto FY26 revenue up 27%; auditor flags self-certified assets
Audited FY26 revenue ₹2,625.91 lakhs, net profit ₹151.01 lakhs. Unmodified opinion with key audit matters on management-certified assets.
Nibe's Garudastra mortar hits target in Army demo, but no order yet
Vehicle-mounted 120mm system fired 12 rounds in 60 seconds from a two-man crew. A GPS/laser-guided round scored a direct hit on a 3-metre square target. The no-cost-no-commitment demo leaves revenue uncertain.
Grasim lines up investor meetings with Enam, Citadel, Wellington
Second round of June meetings follows earlier interactions with Enam and Morgan Stanley, amid recent capex and CEO change announcements.
JLA Infraville enters CIRP over ₹2.44 cr default
A default equivalent to 61% of the company's market cap forces it into insolvency, with board powers suspended and equity value at risk.
Bosch Home Comfort promoter to sell 7.2% in ₹226 cr OFS
The offer, at a floor price of ₹1,150, is aimed at meeting minimum public shareholding norms. The block sale could pressure the stock in the near term.
Smiths & Founders signs merger with SKF Elixer — 17x its size
A ₹93 cr nano-cap just agreed to absorb a ₹235 cr revenue firm. No share exchange ratio disclosed; regulatory approvals remain.
Zee Learn dodges insolvency as creditors back off
ACRE and Yes Bank tell NCLT they will withdraw the 2022 IBC petition. The ₹807 cr exposure that triggered a going-concern warning is no longer an immediate threat.
Avro India gets nod to list 10,60,900 preferential shares
NSE and BSE clear the way for shares issued to non-promoters to become tradable. The move will dilute existing holders but the pricing remains undisclosed.
Pro Fin Capital board to weigh authorized capital hike ahead of fundraise
The June 25 board meeting will also set AGM schedule and book closure. The ₹190 cr NBFC needs capital after multiple adjournments.
Sajid Malik's direct stake in Genesys jumps from 2.9% to 11% on intra-family transfer
The promoter received 33.65 lakh shares from his late mother via transmission. His direct holding rises over 8 percentage points, but total promoter group stake remains unchanged at 31.5%.
Balkrishna Industries appoints new CFO as Bajaj retires
Madhusudan Bajaj steps down on superannuation, stays as advisor. Saroj Kumar Khuntia takes over as CFO effective June 18.
Takyon Networks lands ₹1.67 cr CCTV contract from North Central Railway
The order adds to a string of government wins, but the nano-cap still faces steep revenue and profit declines.
Lupin launches Azilsartan generic in US with 180-day exclusivity
First-to-file Azilsartan Medoxomil tablets hit the US market, but the $53.5M reference product adds less than 0.3% to Lupin's annual revenue.
E2E Transportation posts 50% revenue jump, lays out Kavach 4.0 timeline
FY26 revenue surged 50% to ₹380 cr, with a ₹1,015 cr order book. Management guided 40-50% growth in FY27 and set Jan 2027 for first Kavach 4.0 commercial orders.
Meta Infotech bags ₹2.4 cr subscription orders from stock exchange
The ₹2.4 crore deal from a leading Indian stock exchange and its subsidiary adds recurring revenue and boosts the order book, which now stands at ₹50.6 crore.
Solvex auditors flag unverified ₹8.31 cr IPO proceeds
First-time qualified opinion for nano-cap; 38% of market cap in IPO funds cannot be traced. Other liabilities also noted.
Blue Cloud pays 17 cr shares for Global Impx acquisition
The share swap at ₹21.93 each dilutes promoters from 38.5% to 31.4% and adds six subs in energy and microgrids. Deal value of ₹373 cr is 27% of market cap.
Eastern Silk CFO steps down, stays on as executive director
Sunil Kumar resigns as CFO but continues as Executive Director, citing a focus on strategy. The ₹25 cr nano-cap textile firm plans to bring in a new CFO.