Finance - Investment
60 recent notes from companies in this sector. 20 companies tracked.
RR Financial's company secretary quits, stays until Aug'26
Ayushi Singh resigns for personal reasons; the nano-cap with falling revenue now faces another key personnel change.
Market Creators promoter Kalpesh Shah's stake jumps to 21% after transmission
Kalpesh J Shah acquired 20.19% of the company via off-market transmission and a gift, taking his holding from 0.87% to 21.06%.
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.
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.
Energy Infrastructure Trust sponsor sells ₹302 cr more, stake drops to 28%
Rapid Holdings 2 sold 3.97 crore units on June 30, following a ₹231 cr sale in May. Trust's NAV is ₹80.14 per unit. Sponsor commitment in question.
Clio Infotech seeks 8-fold hike in authorized capital to ₹100 crore
The nano-cap's move, 11 times its market cap, sets the stage to fund the ₹87 crore Seychelles acquisition. Shareholders vote on 24 July 2026.
Wealth First buys Mumbai wealth manager in phased ₹52 cr deal
Acquisition of Wealth First Advisors adds a profitable distribution channel in India's largest wealth market. Related-party deal with promoter stake triggers governance watch.
Photon CFO quits after change in control; exit was expected
Sreedhar Babu Kanuri resigns effective June 30, 2026, citing the recent change in control. The board has accepted the departure.
Paul Merchants' NBFC drops to Base Layer after asset shrinkage
Subsidiary moves from Middle to Base Layer as asset base falls below ₹1,000 cr following gold-loan business sale. Compliance burden lightens, operations unchanged.
Jolly Plastic board to weigh moving office, rewriting objects
The nano-cap's board will meet July 3 to consider shifting its registered office between states and amending object clauses, the latest step in a restructuring under new majority owner Bhaum Digital Ventures.
CFO exits Modern Engineering, replacement lined up
Francisca Rosario resigns effective June 30; Navraj Bhatt, a CA from Man Infra, takes over from July 1. For a ₹48 cr market-cap firm with a recent Tata Steel order, the finance helm change is material.
IIFL secures first Moody's rating at Ba3 with stable outlook
Moody's assigns Ba3 to IIFL's $1B GMTN programme. The rating supports offshore fundraising but is broadly in line with existing Fitch rating.
Milgrey Finance seeks ₹60 crore rights issue, 60% of market cap
The nano-cap's rights issue could nearly double its equity base. With trailing ROE of 0.1%, it's a high-stakes move.
Clio Infotech bets ₹87 cr on a shell: 10x its own market cap
The nano-cap company is acquiring a Seychelles entity with no revenue, no operations, and a March 2026 incorporation date.
Jindal Photo promoters launch delisting bid to take company private
Acquirers holding 74.20% offer to buy out the remaining 25.80% via reverse book-building. Floor price yet to be set; acquirers can reject final discovered price.
Brijlaxmi Leasing reports FY26 net profit ₹66.17 lakh; auditor flags loans
Revenue drops to ₹283.56 lakh from ₹634.40 lakh. Auditor repeats qualifications on loan confirmations, employee benefits and interest income.
Disha Resources promoter sells last 1.74%, exits fully
Sarojdevi Kabra has sold her entire remaining stake in Disha Resources, just days after cutting her holding by 2.75%. The nano-cap's only known substantial holder is now gone.
Wagend Infra sees non-promoter group cross 7% stake via open market buying
Sanjeev Lunkad and PACs bought 47,000 shares on June 22, raising their combined stake to 7.04% in this ₹6 cr nano-cap. The move follows an earlier 5% crossing and signals continued strategic interest.
Kanungo Financiers board to weigh restructuring, acquisition
A nano-cap with a **₹4 cr** market cap is considering a sweeping corporate overhaul including capital increase, business scope change, and an equity acquisition. The June 29 board meeting could signal a dramatic shift in scale and strategy.
Disha Resources promoter gets 3.34% gift, sells 2.75% on same day
Mayadevi Kabra's holding rises to 12.61% after an inter-se gift, but an open-market sale of 2.75% on the same date muddles the confidence signal.
Oswal Greentech puts ₹90 cr into Dubai real estate subsidiary
Board approves AED 40 million investment for a wholly owned Dubai subsidiary as the micro-cap's internal auditor resigns with immediate effect.
IIFL Finance to mull equity raise, MTN upsizing at June board meet
The NBFC's board will consider equity via rights/QIP and upsizing its global MTN programme, just weeks after pricing a $500M offshore bond.
Sharp Investments board to weigh acquisition in Rajal Lefin
A dormant nano-cap with ₹10 cr market cap and zero revenue just flagged a possible equity buyout. The board meets June 26; no deal size yet.
Disha Resources promoter dumps 2.75% stake in open market
Sarojdevi Kabra sold shares worth ₹42.2 lakhs on June 19, cutting her holding from 4.48% to 1.74%. The sale represents nearly 30% of the company's annual revenue and is a material event for the nano-cap.
GX Ventures crosses 5% in nano-cap Amarnath Securities
GX Ventures LLP and its PACs bought 15,000 shares in Amarnath Securities, lifting their combined holding from 4.98% to 5.48%, triggering a mandatory disclosure under the takeover code.
Ashish Dhawan crosses 5% in Religare with ₹74 cr buy
The veteran investor bought shares and converted warrants, pushing his diluted stake to 5.42% and triggering SEBI disclosure.
Onelife Capital's CFO quits days after ₹36 cr rights issue
Satish Kumar resigned citing personal reasons, leaving the nano-cap lender without a finance chief at a critical time of capital deployment.
Apollo Finvest hit with ₹6.02 cr arbitration claim — 29% of revenue
Psi Phi Global Solutions initiates arbitration over a December 2022 service agreement. The claim is large for a nano-cap NBFC, though management says it's meritless.
Regency Fincorp raises ₹15 cr via NCDs for lending growth
The nano-cap NBFC allots 15,000 secured NCDs at 13% coupon to Infixin Technologies and Eshiruss Financial Consultants, with staggered repayment over 30 months. The raise is 4.7% of market cap and part of a broader debt push.
Assam Entrade promoter adds 1.23% via gift deed, holding rises to 1.65%
Shivoy Gupta picks up shares worth ~₹1.12 cr in an off-market transfer, boosting his stake by nearly four times. The move signals insider confidence in the nano-cap firm despite a steep PAT decline.
Salasar's audited profit jumps to ₹18.44 crore
Consolidated net profit rose to ₹18.44 crore, revenue more than doubled to ₹112.37 crore. The audit adds a clean opinion; the market already had these numbers.
Riwind Green Energy FY26 loss widens; auditor warns on viability
Net loss of ₹68.45 lakh vs ₹25.22 lakh a year ago, zero operating revenue; qualified opinion flags unconfirmed borrowings of ₹255.28 lakh and going concern uncertainty.
Silicon Valley Infotech posts net loss, auditor flags capital shortfall
FY26 results show near-zero revenue and a net loss of ₹4.46 lakhs. Auditor qualified opinion cites failure to meet minimum net owned funds requirement. Negative net worth persists at ₹53.68 lakhs.
Altius Telecom sponsor sells ₹2,269 cr stake
BIF IV Jarvis India sold 137.5M units on June 16, cutting holding from 49.85% to 45.34%. The sale, disclosed June 18, is a material cut for an InvIT.
Genz group ramps up stake in Navigant to 18.71%
From zero to nearly a fifth of the company in two weeks, while promoters sold 8.17% the next day.
Navigant promoters sell 8.17% stake in open market, biggest cut since listing
Led by Sarthak Vijlani, the promoter group offloaded 2,57,500 shares on June 16, reducing their holding from 36.09% to 27.92%. No reason was given for the ₹1.96 cr sale, which dwarfs typical insider transactions.
Niyogin Fintech gets stable outlook from CRISIL as it turns profitable
CRISIL revised its outlook to Stable from Negative on Niyogin's long-term debt, reaffirming 'BBB-'. Net profit of ₹5.1 crore in FY26 ends years of losses.
JRA Infrastructure enters CIRP; Mrugesh Trading unaffected
NCLT Ahmedabad admitted promoter group company JRA Infrastructure to CIRP over a ₹13.80 crore loan default by HDFC Bank. Mrugesh Trading says its business is unaffected, but a 120-day negotiation window is open.
India's ethanol blend policy changes remove a cost barrier for Avonmore's SPV
The government exempted petrol with 22-30% ethanol from excise duty and launched E85 fuel. Avonmore, through its 49.87% stake in an SPV, runs two grain-based distilleries.
Fedders Holding's audit flags ₹48 cr in receivables with no paperwork
Consolidated profit jumped, but the statutory auditor issued a qualified opinion on the books of the main operating subsidiary.
Team India Guaranty's ₹64 cr deal with 4A Financial is dead. The lawsuit begins.
The nano-cap NBFC's board has formally killed the acquisition after only 62% of the consideration was paid. The counterparty has already sent a legal notice.
Jolly Plastic to replace all directors, CFO, auditors after Bhaum Digital takeover
A June 12 board meeting will consider a full management overhaul and name change following the reverse takeover by Bhaum Digital Ventures.
Bhansali's open offer for PH Capital attracted just one share
Aditya Himmat Bhansali wanted to buy up to 26% more of PH Capital. One public shareholder tendered a single share.
Mufin Green raises ₹100 cr debt at 11%, leaving ₹19 cr of board approval unused.
The secured NCDs, backed by receivables, mature in September 2027. The raise is 47.5% of Mufin's FY26 revenue.
Rajiv Bajaj exits Bajaj Finserv board, points to Bajaj Auto duties
The promoter-family director will not seek re-election at the AGM. His focus shifts to integrating Bajaj Auto's new subsidiaries and the KTM acquisition.
Indus Infra Trust to buy Kerala highway for up to ₹1,000.84 cr
The trust is deploying fresh equity into a stabilised, toll-road asset with 14 years of annuity cash flows remaining.
Sumedha's ₹2.67 cr fundraise collapses after investor walks away
The nano-cap called off its EGM and pulled a board-approved preferential issue, citing volatile markets and the investor's unwillingness to proceed.
Radiant profit halved after Acemoney losses and a ₹31 cr fraud hit
Consolidated net profit fell to ₹280M as the fintech subsidiary burned cash and an exceptional item from fraud wiped out earnings. Management now targets breakeven for both problem units by H1 FY27.
A new buyer just took 14% of Aar Shyam for ₹4 crore.
Radha Krishna Avudari bought a 14% stake in the nano-cap from zero, making him a substantial shareholder overnight.
Jindal Photo pushes preference-share redemptions back five years
The board wants to extend the tenure of two series of redeemable preference shares. Holder consent is still needed.
New promoter locks in board at Harmony Capital, ousts two directors
Rajesh Ghosh's appointment as director is confirmed, while shareholders reject the reappointment of two retiring directors, cementing his control.
Wealth First exits equity trading, launches AMC as profit flips to ₹10.5 cr
The micro-cap wealth manager swung to a quarterly profit after completing its exit from proprietary equity trading, and is now launching an asset management arm.
Nexus Select sponsors pledge 15% of the REIT to Deutsche Bank
Sponsor entities encumbered **228 million units**, worth **₹35,160 crore**, to secure an offshore loan. A default could trigger a forced sale of a massive block.
Sonal Singhal's stake in Fedders Holding jumps to 3.53% via promoter gift
A gift of nearly 60 lakh shares from fellow promoters pushed her holding from 0.57% to 3.53% of Fedders Holding's equity.
Buddleia sold 2% of Sharp Investments. That's 20% of its market cap.
A promoter-group entity dumped nearly one-fifth of the nano-cap's entire market value in a single day's open-market sale.
Mufin Green Finance targets 300% profit growth for FY27
Management outlined a strategic pivot toward higher-margin insurance premium financing in a transcript confirming its May 28 earnings call.
Max India's Q4 earnings transcript adds nothing new for investors
The full May 29 call transcript rehashes commentary from the earnings release and concall summary. No new data.
IIFL Finance prices its biggest-ever bond, raising $500 million offshore
At 20% of its market cap, the $500 million note is the largest single debt raise in the NBFC's history and the first draw from a $1 billion shelf.
Kalind cuts share price to ₹2 and announces a bonus issue
The board has approved a 1:5 stock split and a 1:2 bonus issue, capitalising ₹60.95 crore from reserves. Both moves are pending shareholder approval.