Notes archive.
Ajanta Pharma promoter pledges 10.06 lakh shares; encumbered stake at 10.83%
The incremental 0.80% of equity is below the materiality threshold, but it adds to a flurry of promoter actions in June. Loan terms undisclosed.
Vedanta locks 50.1% of HZL stake for FACOR loan covenant
A fresh encumbrance through a maintenance covenant partly reverses last week's pledge release, but the loan is modest and liquidation risk low.
Nestlé India confirms ₹2 special dividend, a modest 0.14% of market cap
The board declared a ₹2/share special dividend totaling ₹385.7 cr, as anticipated after the June 19 board meeting notice. Payout is small given its ₹2,80,261 cr market cap.
Bluspring's STEAG unit lands second ₹1,437 cr Vedanta O&M contract in a month
Follows a ₹1,219.85 crore deal for another plant. The two orders together exceed the company's market capitalisation.
Marathon Nextgen enters society redevelopment with ₹450+ cr Versova project
GDV nearly equals one year's revenue; platform model avoids large upfront land costs. The first step in a calibrated strategy for scalable city redevelopment.
SPML Infra lands one-notch credit rating upgrade from ICRA
ICRA upgraded SPML's long-term instruments worth ₹1,595 crore to BBB with stable outlook from BBB-, citing improving creditworthiness on the back of strong order book and growth.
HCLTech lands $1.14B AI deal with Fortune 50 firm
The net new contract runs from 2026 to 2031, but at roughly 1.4% of annual revenue, it won't materially move the needle for the $14.7B IT services giant.
IIFL Finance prices $300M in 7.6% notes, second offshore bond in two months
The NBFC raised $300 million at 7.60% coupon under its $1.5B GMTN programme, equivalent to ₹2,460 crore or 11% of market cap. S&P and Fitch rate the notes B+; Moody's rates Ba3.
UHM Vacation confirms FY26 numbers; no new surprises
Standalone revenue ₹37.4 cr, profit ₹1.56 cr; consolidated revenue ₹48.8 cr, profit ₹6.3 cr. Results were previously disclosed, making this a routine confirmation.
UHM Vacation nets ₹6.3cr consolidated profit, gets clean audit report
Nano-cap travel firm's annual results show standalone net of ₹1.56cr on ₹37.4cr revenue; company listed on BSE SME post-period.
Dipna Pharmachem net profit jumps to ₹2.63 cr, steel segment drives earnings
FY26 profit rises from ₹97.40 lakh; steel segment profit surges to ₹866.83 lakh. First-time Ind AS adoption, unmodified audit opinion. Routine filing, no new catalysts.
IndusInd Bank promoter shift leaves one entity fully pledged
IndusInd Limited's entire 5.04% stake is now encumbered after a pledge restructuring that leaves total promoter encumbrance unchanged at 6.45% but concentrates risk in one entity.
Texmaco bags ₹26.5 cr signalling order, a routine add
The South Central Railway contract is less than 0.6% of annual revenue. Infra order book stands at ₹1,159 cr.
Union Bank deposits lag loans; CD ratio jumps 714 bps in Q1
Gross advances rose 12.5% while deposits grew only 3.5%, pushing the credit-to-deposit ratio to 83.4% from a year earlier.
Capri Global Capital wins AA+ rating upgrade from Acuité
One-notch upgrade covers ₹13,400 cr of debt facilities but is an incremental move unlikely to move the stock on its own.
IndiGrid withdraws solar SPV amalgamation scheme, no reason given
The NCLT has revoked the scheme that would have merged three solar SPVs with the holding company, reversing unitholder approval from January 2024.
Central Bank of India advances jump 28.77% in Q1 FY27
Total business rises 18.36% to ₹8,33,840 crore; CASA ratio slips 27 bps but remains above 46%. The bank's IFSC Banking Unit books ₹473 crore in overseas advances.
3i Infotech renews SBI General data warehousing deal for ₹5.18 cr
The one-year renewal cum amendment covers project management, data modelling, and BI support, with an option to extend. It is the third notable order in as many months, though smaller than the HPCL and UAE wins.
STL Networks hires ex-Army officer as COO after CEO exit
The appointment of Col Girish Nandan Juneja aims to steady management at a loss-making telecom equipment firm that just lost its CEO.
Manorama raises ₹500 cr via QIP, dilutes 5.3% stake
The QIP closed on July 2 with **34.01 lakh** shares at **₹1,470** each, a **4.99%** discount to the floor price. The raise equals about **5.3%** of the company's **₹9,416 cr** market cap.
Dhanalaxmi Roto promoter inherits 2% stake in off-market transmission
Keshav Inani receives 1,57,786 shares from late promoter Sri Gopal Inani, lifting his holding to 5.68% in the nano-cap firm worth ₹61 cr.
NHC Foods signs LOI to buy Agriconnect, a target in revenue decline
The ₹73-cr nano-cap has signed a non-binding LOI to acquire Mumbai-based agri-trader Agriconnect Solutions, whose FY25 revenue fell 67% to ₹117.6 cr. Price not set; three-month due diligence ahead.
Bajaj Finance AUM jumps 24% to ₹5,46,900 cr in Q1
First operational snapshot for Q1FY27 shows customer growth of 16.8% and loan bookings up 20%; AUM addition of ₹36,900 cr is 5.84% of market cap.
Chiraharit lands ₹4.50 cr order for solar plant — worth 9.8% of its market cap
A supply-and-installation contract for pipes and fittings at a solar cell and module facility in Tamil Nadu. The order size is outsized for the nano-cap, but execution and payment risks remain.
Ramco Systems promotes Raghuveer Bilagi to CEO
The internal elevation of the President & COO who built the company's Australia and New Zealand business signals continuity and a growth focus.