Notes archive.
BCPL bags ₹2.89 cr Eastern Railway order for capacitor banks
The nano-cap's third small win in a month adds to a growing order book, with ₹13 cr and ₹4.72 cr contracts already secured in June.
Resourceful Automobile loses second auditor; IPO proceeds untracked
Statutory auditor N G M K S & Associates resigned after less than a year, citing health but also flagging that the company failed to provide IPO proceeds utilisation details. The nano-cap has now changed auditors twice.
Ravindra Energy's promoter pledges ₹90 cr of shares after ₹205 cr rights issue
Khandepar Investments placed 12% of its promoter stake as collateral for financing, likely tied to the company's recent capital raise. The pledge leaves ownership unchanged at 32.29% but adds debt risk.
S.P. Apparels lends ₹42 cr to UK arm — routine but sizeable
The unsecured loan at 9% for three years is the largest equity-like infusion to date but was already telegraphed. It supports working capital, not a new strategy.
Deepak Fert puts ₹19k cr on transformation with new hire
Rajib Bhattacharjee joins as President - Transformation from Galaxy Surfactants. A newly created role with no financial targets.
Mumbai Port orders IVP to pay ₹136.81 cr — 80% of its market cap
The estate officer's order turns a decades-old lease dispute into a concrete, company-sized claim. IVP's market cap is ₹173 cr.
Oswal Overseas is in insolvency over a ₹2.25 cr debt it couldn't explain away.
NCLT has frozen the sugar maker's assets and appointed a resolution professional. The defence collapsed.
PCBL adds 20,000 tonnes of specialty capacity in Gujarat
A new Mundra line for digital and UV printing inks lifts total specialty capacity to 132,000 tonnes. The existing base was 95% full.
JMJ Fintech's profit jumps 47% as its loan book swells 68%
Annual net profit rose to ₹7.60 crore, with the loan book expanding to ₹71.69 crore, showing strong growth on a very small base.
One promoter buys, two exit Mahaveer Infoway in ₹36 lakh reshuffle
Ashok Kumar Jain consolidated his stake to 34.65% by buying out two fellow promoters. The deal value is over 5% of the nano-cap's market capitalisation.
IRCTC gets a new finance chief from Northern Coalfields
Rajneesh Narain joins as Director (Finance), replacing a vacancy at the ₹41,684 cr market-cap PSU. His term runs until mid-2030.
Duke Offshore's promoters sell out to Aspect Global for ₹20.87 cr
Aspect Global is buying the Duke family's entire 70.61% stake and making a public offer for another 26% at ₹30 a share. The combined price dwarfs the company's market cap.
Naturewings faces ₹66 lakh GST demand for Bhutan, Nepal packages
Kolkata tax authorities say the tour operator should have charged GST on international B2C packages. The demand equals 43% of last year's net profit.
Arabian Petroleum lands first ONGC contract, but margins halved in FY26
The lubricant maker grew revenue 32% to ₹375 cr, but EBITDA margins compressed from 6% to 4% due to commodity inflation and a strategic inventory build.
Nanta's earnings call adds little beyond its recent order win and AI targets
The June 5 transcript is a rehash of Q4 results and the ₹14.4 cr Connplex robot deal. No new numbers.
Evoq Remedies enters insolvency over a ₹1.95 cr oil advance it never delivered.
The NCLT has admitted the nano-cap into CIRP after Harbhole Agrotech sued over an unpaid advance for FSG Castor Oil. A moratorium is now in place.
RMC cuts its Pulse Box market size by 64% and extends order book timelines
Management now sees a ₹50,000 crore addressable market for the IoT solution, not the ₹1.4 lakh crore it cited earlier. Order delivery windows are stretching to two years.
Happy Square projects ₹200 cr revenue. That's five times its market cap.
The ₹41 crore company guides for 80% FY27 growth, betting on a single government order and AI-driven scale. Margins stay flat at 7%+.
Gujarat Inject lands ₹14.49 cr solar order, nearly 40% of annual revenue
Deon Energy's 16,129-module contract is the nano-cap's largest single order, a test of whether its solar pivot can scale.
Bandaram cuts Telangana textbook order to ₹27.7 cr, calls ₹37.4 cr figure a typo
The subsidiary's government contract shrinks by 26%. The order still equals over half the parent's market cap.
Anjani Portland Cement will now carry its parent's name
The board approved phasing out the 'Anjani' and 'Bhavya' brands for 'Chettinad'. The senior marketing executive is also moving to the parent company.
Elitecon delays FY26 results, extending a months-long reporting crisis
The trading firm, already under SEBI forensic audit, says finalisation and audit work isn't done. Key management has already resigned.
Dachepalli Publishers jumps into smart boards, partners with Wiki Kids
The educational publisher is adding interactive flat-panel displays to its digital toolkit. No financial terms were disclosed for the hardware push.
Veefin hires its first CRO to build a global sales machine.
Riddhi Dutta, who scaled Backbase 10x in Asia, now leads Veefin's international revenue push. The micro-cap is buying growth.
Happiest Minds ships Rel(AI)Build but offers no revenue or order data
A product launch, not a financial event. The filing contains no revenue impact, no client wins, and no new numbers.