Notes archive.
Atishay bags ₹11.16 cr order for 2.25 cr health cards
West Bengal health department contract covers eight districts and nine-month delivery. Company already executing similar projects in six other states.
Srigee DLM targets ₹100 cr revenue, bets big on new factory
Management sets a ₹100 cr FY27 target, more than doubling FY26's ₹72.3 cr, and eyes ₹200-250 cr in FY28. A 10,850 sqm campus will be commissioned by Diwali, funded by IPO proceeds and debt.
Kranti gets ECLGS loan from HDFC, amount undisclosed
The working capital loan under the government-backed scheme lacks a disclosed quantum, making its materiality unclear for the ₹75-crore nano-cap.
KIMS promoters inject ₹600 cr via warrants to retire debt, fund expansion
The preferential issue of 77 lakh warrants at ₹779 each amounts to 15% of revenue. Proceeds will reduce debt and bankroll greenfield hospitals as Q4 profit slumped 69%.
Dr. Reddy's launches first generic Bosulif analogue with 180-day US exclusivity
The generic Bosutinib 400mg, equivalent to Pfizer's $254M brand, hits the US market. A win for Dr. Reddy's first-to-file strategy, but not a needle-mover for a ₹1,06,454 cr behemoth.
Lender invokes Pushpa Pungalia's pledged shares in Vishnu Prakash R Punglia
After months of margin shortfall pledges, the bank enforces on 3.2 million shares, leaving promoter with just 0.23% stake. Company already bleeding ₹156 cr cash loss.
Ashoka Buildcon pays ₹112 cr to enter Gems & Jewellery Park PPP
The company will pay a premium of ₹112.40 crore (3.25% of market cap) for a 30-year lease on a 38,922 sqm site in Raipur via a 51% JV.
Lippi gets a new 5.45% shareholder — non-promoter duo buys in
Guttikonda Rajasekhar and Guttikonda Vara Lakshmi acquire 3,81,216 shares worth ~₹5.5 cr on June 11, 2026. The stake is material for the ₹102 cr nano-cap engineering company.
Another large Bacil Pharma shareholder sells 5.57% stake
Manubhai Amrutlal Shah reduced holding to 12.77% on June 10. It's the second substantial open-market sale in a week for the zero-revenue nano-cap.
Emerald Finance locks in ₹10 cr ICICI loan to fuel Earned Wage Access
The nano-cap NBFC adds a top-tier lender, diversifying a funding base that earlier relied on SBI. The facility equals about 10% of its ₹96 cr loan book.
NLC India completes 1,980 MW Ghatampur plant, adds 660 MW capacity
Third and final unit declared commercial from June 13, lifting group installed capacity 8.5% to 8,405 MW. NLC's 51% stake in the JV will yield proportionally from long-term PPAs.
Capri Global picks up 5.36% Ironwood Education stake
The financial services firm acquired 600k shares via preferential allotment and 300k via open market, betting on Ironwood's pivot to real estate. For the ₹71 cr nano-cap, this is a strategic vote of confidence.
Prakash Industries secures environmental nod for coal mine expansion
The clearance is for a 0.2 MTPA capacity expansion (20% increase) at the Bhaskarpara Coal Mine, a routine regulatory step already disclosed in Q3 results. The impact is limited given the company's scale.
Sparkle Gold Rock's profit vaults but auditor flags governance gaps
Revenue surged to ₹11,157 lakh from ₹900 lakh, turning a ₹24.50 lakh loss into ₹414.58 lakh profit. Yet the auditor cites unauthorised related-party deals of ₹1,971 lakh in sales and ₹3,308 lakh in purchases.
NRB Bearings promoter unpledges 20.2% equity in ₹846 cr move
Harshbeena Sahney Zaveri cuts encumbered stake from 31.64% to 11.42% after prepaying loans to Tata Capital and Aditya Birla Capital. The move follows a ₹192 cr block sale by the promoter trust two days earlier.
JSW Energy buys 300 MW thermal plant for ₹1,410 cr
The Korba asset is operational, comes with a long-term PPA and fuel supply, and is estimated to add ₹279 cr EBITDA in FY26.
Virtuoso gets NSE nod for mainboard migration
The BSE SME-listed firm can move **3.18 crore** shares to NSE mainboard within **45 days**, unlocking broader investor access.
Ather Energy board approves ₹2,500 cr fundraise, its biggest since listing
Board clears a QIP of ₹1,500 cr plus ₹1,000 cr via FCCBs, preferential, or rights. The amount is 6.3% of market cap, material dilution for a company that lost ₹100 cr in the March quarter.
Diamond Power mulls boosting its ₹1,000-cr QIP limit
The cable maker, already approved for a large QIP, now wants a higher ceiling. Board meets 18 June; exact amount still undisclosed.
Pennar gets go-ahead for ₹50.4 cr promoter warrant issue
NSE and BSE approve 30 lakh convertible warrants at ₹168 each, representing 2.46% of market cap. Promoters signal long-term commitment.
Indobell lands ₹5.1 cr order from Skoda Power, 33% of FY26 revenue
The nano-cap insulation maker wins a domestic order worth nearly a third of last year's sales, offering a near-term revenue boost after a 63% profit drop.
Praxis Home Retail adds two retail veterans to board
The struggling nano-cap retailer appoints Rahul Gambhir and Chetranda Somanna Muddaiah as independent directors for five years, filling vacancies after the chairman's death and a planned departure.
Bilcare gets NCLT nod to close ₹171 cr deposit chapter without fresh cash
NCLT condones past repayment delays, directs transfer of remaining ₹2.52 cr to IEPF by July 2026. Company already holds the funds, removing a legal overhang for the nano-cap.
Sudarshan Pharma promoters convert warrants, lift stake to 58.93%
Promoters exercise warrants for 90 lakh shares at ₹16.98, infusing ₹11.46 crore. Stake jumps from 26.6% to 58.93%.
Kirloskar Ferrous PAT nearly doubles to ₹594.74 cr on tax boost
A deferred tax asset of ₹141.28 cr and reversal of ₹110.38 cr tax expense drive the jump. The restated results supersede the May 7 filing.