Notes archive.
Finkurve adds a second ₹50 cr NCD plan to fund AUM growth
Board to consider new ₹50 crore NCD issuance on June 24, separate from the ₹100 crore plan approved earlier this month.
Bacil Pharma proposes R&D arm, but numbers are missing
The nano-cap with zero revenue wants a wholly-owned R&D subsidiary. No investment amount or timeline disclosed, just an intent.
Bandhan MF buys into SH Kelkar, just crossing the 5% threshold
A ₹2 crore open-market purchase lifts Bandhan's stake to 5.0064% in the fragrance maker. For a ₹1,898 cr company, the signal is stronger than the money.
Allied Digital elevates Nehal Shah to Joint MD, appoints ex-NTT Data exec
The board also redesignates CEO Paresh Shah as Chief Innovation Officer as the company sharpens focus on AI and cloud.
Mizzen Ventures raises ₹10 cr via preferential issue to outsiders
The nano-cap issues 8 lakh shares at ₹125 each to 24 non-promoter investors. The raise is 3.3% of its ₹299 cr market cap.
Amber subsidiary IL JIN buys out minority in Ascent Circuits for ₹336.75 cr
IL JIN Electronics is raising its stake in the PCB maker from 60% to 98.5%, paying ₹336.75 crore in cash. The deal consolidates control over a ₹401.87 crore-turnover subsidiary at 1.2% of Amber's market cap.
IIRM Holdings seeks NSE dual listing to broaden investor base
Board approves proposal for main board listing on NSE without fresh issue. Shares currently trade on BSE and inactive Calcutta Stock Exchange.
Quess grants 40,34,061 RSUs under QSOP 2026, CEO/CFO get performance-linked units
The board awarded approximately 3% of equity in restricted stock, including 5,00,000 performance-based RSUs for top executives. The move was widely anticipated and adds modest dilution.
Bata India picks Nike executive Sanjay Rao as next CEO
Sanjay Rao, who led Zara's India entry and held senior roles at Nike and Guess, will take over from Gunjan Shah in August 2026.
SBI board clears ₹60,000 cr debt raise in FY27
The state-owned lender's central board approved raising up to ₹60,000 crore through bonds, including AT1 and Tier 2, this financial year. The amount is 6.3% of market cap, crossing the 5% materiality threshold for large caps.
Quick Heal taps Check Point executive as CEO in enterprise push
Harish Kumar GS, with over three decades in cybersecurity, takes charge immediately. The micro-cap firm is pivoting from consumer antivirus to enterprise after a ₹20 cr quarterly loss.
Vilas Transcore targets ₹750 cr in FY26, triples CRGO capacity
FY25 revenue of ₹461 cr and PAT of ₹40 cr form the base; management eyes 62% growth with capacity tripling to 36,000 MT and 45-50% volume growth in FY27. PGCIL approval is the near-term catalyst.
Neetu Yoshi lands second railway order in a month
A ₹7.39 crore order for RDSO-spec bearing plates follows a ₹14.76 crore block order in May, adding to the ₹210-220 crore FY27 revenue target.
BCCL hands over 2 MTPA Dugda washery to JSW Steel in first-ever monetisation
In a milestone for the coal sector, BCCL transfers its 2 million tonne per annum Dugda Coal Washery to JSW Steel, aligning with Mission Coking Coal to cut import dependence.
Space Incubatrics enters CIRP over ₹1.19 cr default
The Allahabad bench of NCLT admits the company into corporate insolvency. A moratorium is declared and the board's powers are suspended.
Siyaram Recycling lands ₹3.21 cr order, its largest from Anurag Impex
The domestic fixed-price deal represents 4.27% of market cap and is the third contract from the same buyer this year, signalling deepening ties.
Monarch Surveyors wins ₹1.74 cr Assam bridge order — barely moves needle
World Bank-backed contract for 193 bridges is a routine win for a company with a ₹750 crore order book.
JBM Auto's e-bus arm lands ₹750 cr investment from Motilal Oswal
Growth capital to deploy 2,000 e-buses, taking fleet to 5,000 units within a year. Largest EV investment by an Indian investor.
Emirates NBD takes control of RBL Bank with 60% stake, infuses ₹26,015.77 cr
The preferential allotment of 92.91 cr shares at ₹280 apiece gives the Dubai lender promoter status. The capital infusion is 114% of RBL Bank's market cap.
Varun Beverages to launch Asahi's CALPIS in India by H2 2026
The PepsiCo bottler enters dairy-based beverages with a century-old Japanese brand, though first cans won't hit shelves for over a year.
Bharat Wire Ropes' main plant restarts after 8-day MPCB shutdown
Maharashtra Pollution Control Board reversed its June 9 stoppage order on June 17; production at Chalisgaon unit resumes. No material financial impact expected.
Creative Newtech to distribute Ravel's fire safety solutions in India
The partnership expands CNL's tech portfolio but no financial terms disclosed. Without quantified materiality, this is a routine distribution deal.
Ansal Properties books ₹59 cr gain from resolution plan
The board ratified past quarterly results including a hefty exceptional gain from the Sushant Serene Residency project settlement with Indian Bank, though the company remains financially strained.
Kirloskar Ferrous lands ₹113.5 cr pig iron order from UK buyer
30,000 MT of basic grade pig iron to be shipped sight L/C, FOB basis, delivery by August 2026
Sanjay Chauhan buys 2.4% in Magellanic Cloud for ~₹40 cr
Non-promoter investor acquires 14.28M shares via open market, a material stake signalling confidence in the micro-cap IT firm.