Notes archive.
Vedant Asset builds a fintech app for rural mutual fund investors
A ₹16 crore nano-cap asset manager aims to bring first-time rural investors onto a mobile platform. The announcement is short on finances, long on ambition.
PTC Industries to explore capital raise at June 27 board meeting
The precision-castings firm gave no details on size or structure, leaving investors to wait for the board's decision.
Pace Digitek commits ₹200 cr to quadruple battery storage capacity
The formal board approval turns a May guidance into capital expenditure. A new 5 GWh line and in-house container fabrication will be phased in this fiscal, funded through internal accruals.
Binny Mills control shifts to Sisters group in family settlement
VRV Group transfers its entire stake to Sisters, who will nominate majority board and MD; trademark rights go to Venkataachalam.
Siyaram lands ₹5.99 cr Supreme Industries order, fourth win this month
The deal is equal to 8% of market cap and marks the first disclosed engagement with the plastic-polymer giant. Seven-day delivery offers near-term cash flow visibility.
Binny's quarterly profit gets a settlement boost, but auditors flag same old concerns
Revenue up 32% sequentially to ₹19.08 cr, net profit ₹11.55 cr, thanks to ₹41.89 cr JDA settlement revenue. But auditor repeats qualified opinion on ₹29 cr in stranded advances and ₹19 cr receivable.
Uma Exports promoter sells another 0.32% stake for ₹25 lakh
Sumitra Devi Khemuka sold 1,10,000 shares on June 19, reducing her holding to 6.77%. The sale follows a 0.53% trim earlier in the month.
Sun Pharma buys Innovcare Lifesciences for ₹271 cr
A bolt-on acquisition that adds a portfolio of drugs and nutraceuticals, but at just 0.06% of market cap, it won't move the needle for India's largest drugmaker.
Power Mech lands ₹1,008.90 cr JSW thermal plant contract
The order from JSW Group is nearly four times the size of the Adani contract announced last month and boosts the order book substantially.
Nis Management posts ₹5.09 cr loss on labour-code charge
The audited results confirm a year swung to loss by a ₹27.82 cr exceptional item. Of the ₹51.75 cr IPO proceeds raised in September, ₹36.91 cr sits idle in bank accounts.
Afloat Enterprises promoters sell 5.42% stake in single day
Three promoter members offloaded 680,000 shares on June 18, cutting stake from 26.10% to 20.69%. The sale follows over 11% in promoter exits in recent weeks for the ₹17 cr nano-cap that saw revenue drop 70% in FY26.
Astonea Labs profit slides to ₹451.52 lakhs; ₹9.39 cr fire loss uninsured
Audited FY26 results show net profit of ₹451.52 lakhs, down from ₹535.06 lakhs. A post-year factory fire caused ₹9.39 crores in damages; insurance claim not yet filed.
Chartered Logistics loses a whole-time director, no successor named
Harsh Gandhi quits effective June 25, citing personal reasons. The nano-cap, already loss-making this year, now has an open seat on its board.
MPF Systems MD quits, board pivots to travel & tourism
Sharang Amar Sharma steps down; promoter-family member Parshottambhai Rupareliya takes over. Shareholders to vote on new business line.
Prakash Woollen posts FY26 net loss despite subsidies, land gains
Revenue flat at ₹106.25 crore; auditor gives unmodified opinion. The company swung from a ₹125.65 lakh profit to a ₹88.77 lakh loss.
Union Quality Plastics posts nil revenue for fourth year; going concern flagged
Auditor Sagar & Associates issues qualified opinion with eight matters, including material uncertainty about survival; net worth fully eroded at negative ₹166.85 lakhs.
Refex lands ₹29 cr ash transport order, its second in weeks
The 12-month contract from a Maharatna firm for NHAI road projects adds to order book but is modest at ~1.4% of revenue.
Cranex lands ₹18.5 cr crane orders; order book tops ₹100 cr
Nano-cap crane maker Cranex secures orders from BHEL and Indian Railways, pushing total order book to over 1.6 times annual revenue.
Nureca hits 2.4M users on health platform, adds AI analytics
Dr Trust 360 crossed 2.4 million users and now offers AI-powered body-composition insights. Yet the press release carries no revenue or subscription numbers.
Panjon's FY26 results get clean audit, but no surprises
Audited numbers confirm 56% revenue jump to ₹47.62 cr, but net profit remains thin at ₹0.60 cr. All key figures were already disclosed.
Virtuoso lands ₹85 cr from Malabar Fund, promoters via preferential issue
Malabar India Fund puts in ₹50 cr, India Insight Value Fund ₹10 cr; promoter group takes ₹25 cr in warrants. Allotments await shareholder nod on July 12.
Ganon's promoter sells another 2.13% as crisis deepens
Kamla Business Ventures reduces holding to 8.96%, part of a two-month sell-off from 18%. The micro-cap faces a 64% revenue collapse and liquidity crisis.
Kolte-Patil slapped with ₹103.8 cr GST notice, penalty hiked by ₹39.4 cr
Maharashtra GST authorities issued show cause notices on 19 June 2026 for liability on development rights and construction services from 2020-2026. The company contests the levy as legally unsustainable.
Deep Industries locks in ₹84 cr ONGC gas compression contract
Three-year charter hire at Assam facility worth 9.4% of FY26 revenue; adds to ₹3,000 cr order book
Century Enka inks PPA for captive wind-solar hybrid plant
The 9.9 MW facility will power the Bhosari factory under related-party terms. Commissioning targeted by June 2026.