Notes archive.
Bandhan Bank sells ₹303.74 cr NPA portfolio to ARCs
The board approved a Swiss Challenge sale of housing finance NPAs. At 0.9% of market cap, the move is routine balance-sheet management.
Lactose to forfeit 15 lakh warrants after SG General fails to pay
The board will consider stripping SG General Dealers LLP of its convertible warrants for non-payment. The move removes a potential dilution but also signals a counterparty default.
Concord Enviro arm bags ₹16 cr ZLD order from steel major
Subsidiary Rochem Separation Systems wins contract for wastewater treatment and zero liquid discharge systems at a cold rolling complex. Execution over 12 months adds to a ₹536 cr order book.
Adani Enterprises, Jabil tie up to make AI hardware in India
Non-binding pact targets multi-gigawatt-scale manufacturing of AI racks, servers and cooling systems for global hyperscalers.
Avanti Feeds' Q4 concall transcript adds no new material info
The transcript of the June 12 post-earnings call confirms previously known details on raw material cost inflation, $15-20M US tariff refund expectations, and FY27 growth guidance. No new tradeable information was introduced.
HCLTech invests ₹1,427 cr for 10.46% in sovereign AI startup Sarvam AI
The investment gives HCL a toehold in frontier AI models built in India, but at just 0.47% of its market cap, it is a strategic bet, not a financial needle-mover.
Gurunanak Agriculture targets 500 harvester sales a year by FY29
The nano-cap plans a 25x jump from ~20 units in FY26, aiming to undercut Chinese imports with lightweight harvesters priced Rs 22-25 lakh.
Indogulf Cropsciences to meet Abakkus and other investors in June
The nano-cap agrochemical company has lined up one-on-one meetings with top investors including Abakkus Asset Managers, a move that could hint at institutional interest.
Dhanlaxmi Bank appoints Krishnakumar K as CFO
Routine succession as Kavitha T.A. is replaced by former Federal Bank executive for a standard three-year term
Devyani gets exchange clearances for Sapphire merger
With NSE and BSE raising no objections, the scheme can be filed with NCLT. The 177:100 share swap would create India's largest QSR chain.
PAN HR targets ₹1,000 cr by FY29 after profit jump
The transcript reveals a roadmap from ₹126 cr to ₹1,000 cr in three years, with a near-term 40% growth target for FY27 and plans to deploy IPO proceeds.
Homre pulls in NTPC veteran to run its biomass bet
Homre Ltd is turning to a 42-year NTPC veteran to steer its pivot from trading to biomass pellet manufacturing. Surendra Pal Sharma takes over as executive director from June 15.
Apis India fills CFO gap with Ankit Nagar
The micro-cap sweetener maker swiftly replaces Manisha Anand with a seasoned chartered accountant from Dharampal Satyapal Foods, signalling governance intent.
Rox Hi-Tech guides 20% FY27 growth, orders ₹75 cr in hand
FY26 revenue rose 11% to ₹210.63 cr despite supply snags; AI practice now 3-4% of revenue; EBITDA margin seen recovering to 15-17%.
Nouveau Global borrows ₹1.5 cr, 21% of market cap, for film rights
The nano-cap company with zero operating revenue is borrowing against Mumbai properties to fund a film rights acquisition of equal size. The move could reshape a business that posted a ₹40 lakh loss last year.
Steel pipe maker's demerger plan sent back for more review
The board-approved scheme to spin off two units is now under further scrutiny. No reasons given, and the timeline is now uncertain.
Hilton Metal goes back to markets with QIP plan after rights issue
Board to meet on June 18; company recently completed a rights issue and bagged a ₹720 cr defence order. Fresh capital could fund expansion but brings dilution.
Mach Travel lands IRCTC empanelment for Swadesh Darshan, charter trains
The nano-cap now qualifies to bid on large-scale government tourism projects alongside IRCTC, with a five-fold workforce expansion to 360 employees backing the play.
Fabtech lands ₹31 cr Botswana vaccine plant order
Turnkey order from Botswana Vaccine Institute for HVAC and clean rooms; represents ~7% of FY26 revenue and is a genuine new disclosure.
RMC Switchgears grew revenue 26% but profit fell 27% in FY26
Revenue crossed ₹401 crore, but net profit slipped to ₹22.42 crore, hit by Q3 project delays and supply chain snags. Order book at ₹850 crore provides visibility; PulseBox reaches tender stage.
PBM Polytex strike ends, BLP unit resumes full ops
Workers called off the 13-day illegal sit-down strike on June 15, allowing the plant to restart. The nano-cap textile firm did not disclose any financial impact from the disruption.
Lykis board proposes ₹200 cr investment limit, dwarfing its ₹89 cr market cap
The nano-cap firm also approves borrowings up to ₹100 cr, names new chairman, and seeks a name change to Krowniq. All major proposals need shareholder nod.
M&M Financial raises ₹1,000 cr via 7.9% NCDs
Fresh secured NCD issuance at 7.90% fixed coupon over 3 years; size 2.47% of market cap, below materiality threshold.
NCLT extends Quadrant Televentures' CIRP by 60 days, names four bidders
The insolvency process now runs till July 29, 2026. GVN Fuels, Fastway Transmissions, Cyfuture India, and Areion Assets have submitted plans.
Getalong promoter Westpac lifts stake to 39.96% with ₹26.95 lakh open-market buy
The acquisition of 3,85,000 shares at ₹7 each bumps promoter holding by 1.82 percentage points, showing confidence in the nano-cap.