Notes archive.
Country Condo's plans ₹30 cr preferential issue, nearly its entire market cap
Board meets July 9 to consider issuing equity to non-promoters. For a ₹37 cr market cap company, the move could dilute existing holders by over 80%.
BLS subsidiary buys fintech Atyati for ₹156.82 cr
The all-cash deal adds a ₹375.8 cr revenue platform with AI-powered banking tech, deepening BLS's business correspondent and micro-lending play.
Callista promoter buys 16 lakh warrants, puts ₹40 lakh upfront
Promoter group member Himanshu Parmar acquired convertible warrants that could bring ₹1.6 crore into the nano-cap textile firm, signalling insider confidence but dilution risk.
Callista promoter puts ₹40 lakh down on warrants that could dilute equity by 23%
Ravi Jabbar Sharma paid 25% upfront for 16 lakh warrants. Full conversion would bring ₹2.8 crore and add 23% to the equity base.
GRE Renew grabs ₹17.75 cr solar EPC order, 15% of FY26 revenue
Turnkey project from Standard Solar adds 5.24 MW DC capacity and boosts nano-cap's order book by nearly a sixth of last year's top line.
VVIP Infratech promoter pledges 12.65% more shares for ₹50 cr subsidiary loan
Praveen Tyagi's total encumbered holding jumps from 8.29% to 21.93% of equity, raising governance concerns for the nano-cap builder.
HTL's rating upgrade is positive, but small for HFCL
CARE upgrades HTL's long-term facilities to A (CE) with positive outlook. The ₹595 crore banking facilities are modest relative to HFCL's ₹32,908 crore market cap.
Cupid Breweries adds two former bankers to board as governance repair continues
Meharbaba Prasad Kalidasu and Soundara Pandian join as independent directors effective July 2, 2026, filling vacancies after earlier whistleblower-type resignations.
Bizotic Commercial approves 5:1 bonus issue, shares to multiply sixfold
The board's approval of a massive 5:1 bonus signals promoter confidence. Paid-up capital will jump from ₹9.64 cr to ₹57.85 cr, subject to shareholder nod at the AGM.
3B Films to raise ₹100 cr via rights issue — 2.3x its market cap
The board approved a ₹100 crore rights issue, more than double the company's market capitalisation of ₹43 crore, along with a hike in authorised capital to ₹125 crore.
Goenka Business & Finance gets ₹1 cr penalty, 5-year market ban from SEBI
The market regulator's final order prohibits the nano-cap NBFC from buying or selling securities until 2031. The penalty alone eats up 22% of its latest annual profit.
Asston Pharma to raise ₹27.7 cr via preferential issue, 28% dilution
The nano-cap pharma company is selling a 28% stake to non-promoter investors, including a 12% block to Vijay Rathee, in a deal that could reshape control and pricing.
Primo Chemicals takes full control of Flow Tech for ₹55 cr
The ₹1,418/share price is ~8% below independent fair value of ₹1,545. Flow Tech, a chlorine consumer, adds ₹341 cr revenue to Primo's consolidated books.
GP Petroleums loses operations VP months after elevation
Ashish Garg resigns citing personal reasons; his quick exit adds to management churn at the lubricant maker.
Harish Textile gets eviction notice for Gujarat plant
Licensor demands vacating within 15 days after lease expiry; no violation alleged, but for a nano-cap already in distress, the operational risk is real.
Titagarh ties up with IIT-M startup TuTr for hyperloop freight
Partnership to develop India's first hyperloop-enabled cargo system, but no financial terms or timelines disclosed, making it a long-shot bet with no near-term revenue.
Basilic Fly's revenue jumps 34% as margin dip signals investment phase
Revenue jumped 34% to ₹408 cr but EBITDA margin fell 260 bps to 20.9%. Management guides for 2-2.5% margin recovery in FY27 via offshoring and AI.
Ujjivan SFB's loan book grows 28.9% in Q1, asset quality improves
Gross loans cross ₹42,903 crore, led by housing and MSME; CASA ratio slips to 26.8% and secured share rises above 50%.
GSP Crop restructures, absorbs two wholly owned units
Parent company to amalgamate Rajdhani Petrochemicals and demerge GSP Intermediates' manufacturing arm, adding ~7.6% to standalone revenue with no dilution.
Bajaj Housing Finance AUM rises 24% to ₹1,49,610 crore in Q1 FY27
Disbursements up 11% to ₹19,500 crore, but the quarterly update lacks earnings and asset quality data.
PC Jeweller revenue up 21%, debt repayments cross 90% mark
The jeweller continues its turnaround with Q1 sales growth and a sharp cut in bank debt; management targets full debt freedom this quarter.
Maruti's Kharkhoda mega-plant goes live; 1M unit capacity in sight
India's and Japan's PMs jointly inaugurate the 800-acre facility. At full scale, the ₹35,000-cr plant will nearly double Maruti's current capacity and anchor its 4-million-unit target.
India Glycols' spirits arm brings in ex-Pernod Ricard exec as COO
The appointment of Manoj Kumar Rai is an operational reshuffle at a wholly-owned subsidiary, not a group-level shake-up. For a company valued at ₹6,404 crore, this is routine.
TVS Holdings puts ₹176 cr more into Home Credit India; stake stays at 80%
The NBFC arm is profitable again, but the ₹176 cr infusion is just 0.63% of TVS Holdings' market cap and smaller than an earlier ₹526.79 cr injection.
Cambridge Tech promoter adds ₹86 lakh worth shares, stake now 57.13%
Cloud Computing LLC bought 2.71 lakh shares off-market on June 30, lifting its holding by 1.38 percentage points. A smaller follow-up to a larger March purchase.