Tipsheet
What matters at India’s listed companies
Archive / Page 83

Notes archive.

Wed · 10 Jun
5
Retailing

Umiya Mobile plans 23 new stores but says nothing about the cost.

The mobile-phone retailer wants to expand its Gujarat, Madhya Pradesh, and Maharashtra network. The proposal carries no financial detail.

UML Micro cap 2:21 PM
7
Steel & Iron Products

Rajasthan Tube promoters sold 2M shares, deny control

Harish Chand Jain and family sold over 2 million shares in FY26 and claim they haven't controlled the company since June 2025. Their names remain in the promoter register pending regulatory updates.

RAJTUBE Micro cap 1:51 PM
5
Earnings · Media & Entertainment

Khyati swings to profit but auditor flags land advances and revenue issues

Audited results show a ₹30 lakh Q4 profit after losses, but the auditor qualified the report on multiple governance grounds.

KHYATI Micro cap 1:49 PM
6
Earnings · Electronics

Srigee DLM doubles H2 profit, full-year revenue flat

The nano-cap's H2 revenue jumped 46% to ₹51.4 crore and net profit more than doubled to ₹5.5 crore, but full-year revenue was flat at ₹72.3 crore.

SRIGEE Micro cap 1:34 PM
7
Business Support

Yash Innoventures turns to MD for ₹10 cr loan after stake sale

The board will meet June 13 to accept an unsecured loan from Managing Director Gnanesh Bhagat at 8% interest, after he sold nearly 6% of his promoter stake in the past four months.

YASHINNO Micro cap 1:33 PM
8
Earnings · Real Estate

Shervani's ₹60.8 cr short-term debt was a typo. Now it's long-term.

A corrigendum moves nearly ₹60 crore of borrowings from current to non-current liabilities. The company's short-term liquidity scare has vanished.

SHERVANI Micro cap 1:24 PM
6
Earnings · Advertising & Media

Signpost India doubled profit. Now it must prove the receivables spike is temporary.

FY26 revenue rose 27% to ₹576 crore and net profit more than doubled to ₹70 crore. Management is switching billing terms to fix a cash-cycle problem.

SIGNPOST Small cap 1:20 PM
6
Agrochemicals

Heranba's insolvency threat dissolves after settlement with creditor

The NCLT has allowed withdrawal of the IBC petition filed by Haresh Petrochem. The terms of the settlement are undisclosed.

HERANBA Micro cap 1:10 PM
6
Order Wins · Steel & Iron Products

JTL lands ₹26.74 cr Himachal water-pipes order

The one-time contract is a sliver of revenue but a live round into an order book that has been losing momentum.

JTLIND Small cap 12:53 PM
7
Pharmaceuticals

Wanbury clears TGA inspection, nears entry into Australia with three APIs

A successful TGA quality check at Tanuku puts Wanbury one step away from shipping three new active ingredients to Australia. For a ₹913 cr market-cap drugmaker, the regulatory clearance opens a new export market.

WANBURY Micro cap 12:40 PM
8
Order Wins · Engineering

Sunita Tools lands first cash order for artillery shells

The ₹417 cr market-cap company has moved from non-binding memos to a paid prototype delivery and a vendor approval in the US defence supply chain.

SUNITATOOL Micro cap 12:38 PM
6
Educational Institutions

Veranda's J.K. Shah Classes links up with Japan's CPA giant for global placement

A non-binding pact with CPA Excellent Partners, whose affiliate trained two-thirds of Japan's 2025 CPA passers, targets cross-border job placement for accounting graduates.

VERANDA Small cap 12:34 PM
8
Tiles & Sanitaryware

Glittek promoter buys back ICICI Bank's entire 8.55% stake

The promoter consolidates control ahead of a mandatory open offer at ₹12.65, while the stock trades at ₹44.78.

GLITTEKG Micro cap 12:32 PM
8
M&A · Defence

Astra Microwave carves out its space business for a separate listing

Shareholders get a 1:1 share swap in the new Astra Space Technologies, which had ₹157 crore in revenue last year.

ASTRAMICRO Mid cap 12:31 PM
6
Rubber Products

MM Rubber's CFO quits. The replacement started the next day.

M M Kushalappa left on June 10 citing personal commitments. Mrs. Poornima M was named his successor on June 11.

MMRUBBR-B Micro cap 12:28 PM
6
Electronics

Highness Microelectronics' transcript confirms FY27 guidance of ₹30-32 cr

A full transcript of the June 4 call adds detail to guidance the market already digested. Management is targeting ₹30-32 cr in revenue for FY27 and a 35% EBITDA margin.

HIGHNESS Micro cap 12:08 PM
6
Concalls · Pharmaceuticals

Fredun pivots to pet care and physiotherapy, guides 25-30% revenue growth for FY27

New-age consumer businesses grew at 40-50% CAGR and already deliver 55% gross margins, a stark contrast to the 20% from its core pharma contract manufacturing.

FREDUN Small cap 12:07 PM
8
M&A · Consumer Food

Institutional funds take 8% stake in tiny Maniveni Foods ahead of listing

Longthrive Capital VCC and Gamma View Funds acquired a combined 7.97% stake in the nano-cap company through a pre-IPO allotment. The market cap is just ₹77 crore.

MANIVENI Micro cap 12:01 PM
5
Cement

Sagar Cements adds 0.5 MTPA, lifting group capacity to 11 MTPA

A subsidiary grinding unit is online, a ~4.5% capacity bump. The filing is a progress report with no new financials.

SAGCEM Small cap 11:51 AM
7
Alcoholic Beverages

Sula sells its Mumbai registered office for at least ₹27 cr

The winemaker pockets a minimum ₹27 crore from an unrelated buyer, moving its address two floors down in the same building to be closer to Nashik operations.

SULA Small cap 11:48 AM
8
Order Wins · Transformers

Marsons lands ₹33 cr transformer order for NTPC's renewable push

The contract from Vikran Engineering covers oil-cooled units for a green-power project and equals 13.5% of last year's revenue.

MARSONS Small cap 11:34 AM
6
Cement

ICICI Pru fund crosses 5% in JK Lakshmi Cement

The mutual fund bought 7.5 lakh shares on June 8, pushing its stake from 4.98% to 5.59% and triggering SEBI's substantial-acquisition disclosure.

JKLAKSHMI Mid cap 11:32 AM
7
Order Wins · Trading

Shree Marutinandan wins ₹42.5L fire-fighting order in Jammu & Kashmir

A nano-cap wins a small government-related contract. The order is just 0.28% of annual revenue but exceeds the company's own materiality threshold.

SHREE Micro cap 11:29 AM
7
Paper Products

Comfort Securities builds a 7.49% stake in Three M Paper

A financial institution bought a net 2.7% of a ₹50 crore market-cap company over two months, crossing the mandatory disclosure threshold.

THREEMPAPE Micro cap 11:11 AM
8
Bearings

NRB Bearings promoter dumps 4.51% stake in ₹192 cr block sale

Trilochan Singh Sahney Trust 1 cut its holding from 4.97% to just 0.53% in a single open-market trade, the largest promoter exit in months.

NRBBEARING Small cap 11:07 AM