Notes archive.
Ansal Properties wins court order to halt sale of 35% promoter stake
Saket court restrains DMI Alternative Investment Fund from invoking or transferring 5.55 crore shares pledged by promoters, citing argument that loans were fully repaid via other collateral.
Windsor Machines locks in ₹149.99 cr from single investor
Vinit Bediya converts 1.04 crore warrants at ₹191.85 each, taking his stake to 10.25% and infusing nearly 5% of market cap into the engineering firm.
Crestchem revenue up 18% but profit flat at ₹2.71 cr
Revenue grew to ₹29.61 crore in FY26, but net profit stayed virtually unchanged at ₹2.71 crore. Board recommends ₹1.50 dividend per share.
Containe Technologies board to meet June 24 for rights issue
The nano-cap electronics firm, already flagged by its auditor for unbilled revenue, is considering a rights issue. Size yet to be disclosed; dilution risk is real at a ₹15 cr market cap.
Gravita's material arm gets rating upgrade from Infomerics
Rashtriya Metal Industries' bank loan facilities of ₹295 cr raised to IVR AA/Stable, short-term to IVR A1+.
Bharat Forge wins ₹425 cr defence contract for first indigenous naval gas turbine
The five-year order for 1.25 MW gas turbine generators on Kolkata-class destroyers marks Bharat Forge's entry into marine power systems, but at 0.44% of market cap it's a niche win, not a needle-mover.
Goodluck India bags ₹255 cr defence order for 155mm shells
The largest single contract for its defence vertical adds material heft to an ₹1,800 cr order book, to be executed within 10 months.
John Cockerill India lands ₹85-90 cr order from JSW JFE for CRGO furnaces
The order adds to a ₹33 bn backlog and deepens ties with the JSW group. Completion is set for 15 months from June 2026.
Alfa Transformers sheds loss-making Vadodara unit for ₹18 crore
The slump sale to KASST Industries eliminates accumulated losses of ₹15.81 cr and makes the company debt-free. The consideration is 41.9% of market cap.
Tirupati Innovar approves 1:10 split, 5:8 bonus; CS, director quit
Board clears capital restructuring to boost liquidity, but key resignations and a recent audit disclaimer keep governance concerns alive.
Zaggle signs 5-year PNB cobrand deal, no revenue terms
The fintech can sell PNB's retail card to its corporate clients, but the filing discloses no guaranteed revenue or minimum commitment.
Suratwwala's FY26 revenue jumps 13x to Rs 143 cr on dual platform
Real estate contributed Rs 90 cr at 46% margin; solar EPC unit SNER added Rs 54 cr in first full year. Solar pipeline for FY27 guided at Rs 100 cr.
Sumeet Industries lays out ₹199.75 cr rights issue use, guides 30% growth
The company allocates ₹100 cr to working capital and ₹49.90 cr to integrate the Nakoda plant, with explicit revenue guidance of ~₹1,370 cr in FY27 and nearly doubling in FY28, plus EBITDA margin targets of 5-6.5%.
Shelter Pharma's Q1 exports hit ₹5 cr, nearly matching FY26 full year
Q1 FY27 exports have already surpassed ₹5 crores, close to the ₹6 crores earned in all of FY26. The nano-cap also targets ₹200 crore revenue by FY30 with aggressive expansion.
Nestlé India board to consider special dividend on 3 July
Same record date as final dividend means shareholders could get two payouts in one day, signaling strong cash generation after the Maggi insect controversy.
Knowledge Marine pushes green tug by 1-2 years, eyes new dredgers
The company's flagship green tug project slips to 2028-2029 from mid-2027. A second fundraising of ₹150-200 cr is planned to buy two new dredgers.
Interworld Digital seeks ₹200 cr for consumer electronics pivot, 20x its market cap
The nano-cap firm, which defaulted on a loan and has no revenue, wants shareholders to approve borrowing that dwarfs its ₹10 cr valuation. An EGM is set for July 17.
Steel Exchange slashes FY27 volume growth target from ~100% to 25-35%
Management, which had earlier projected a doubling of volumes, now guides for a 25-35% rise on a consolidated basis, without a full explanation for the reversal.
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.