Financial Services
60 recent notes from companies in this sector. 0 companies tracked.
Mizzen Ventures pulls ₹10 cr preferential issue, cites 'unavoidable circumstances'
The fundraise, approved in June 2026 and equivalent to 4.85% of market cap, is scrapped without explanation. Shareholder resolutions for the issue and authorised capital increase stand cancelled.
Mantra Capital's revenue doubled but loss widened
Q1 net loss of ₹3.96 crore, compared with ₹2.56 crore a year ago. CEO gets sweat equity for hitting ₹100 crore AUM. Board proposes MOA amendment for EV, MSME financing.
RSC International buys 51% of fintech FA Wizard for ₹20.69 cr via share swap
The zero-revenue nano-cap is acquiring a majority stake in a lending platform that posted ₹155.20 crore revenue in FY26, while approving massive dilution that will hand control to the target's shareholders.
Crystal Business System to mull MSEI delisting, stay on BSE
Voluntary delisting from the Metropolitan Stock Exchange aims to cut costs and compliance. A board meeting is set for 21 July 2026.
Sodhani Capital promoter group entity buys ₹29 lakh stake
Oasis Securities acquires 46,000 shares via on-market trade, lifting holding to 0.58%.
Choice gets SEBI nod for Category II AIF, Wealthwave Capital Trust
The approval lets Choice AMC manage the AIF, but no target size or fee details were disclosed, making near-term earnings impact negligible.
PFC board approves REC merger at 88:100 swap
Power Finance Corporation will absorb REC, creating a combined loan book of over ₹11 lakh crore. The swap ratio of 88 PFC shares per 100 REC shares is now set, pending approvals.
Ad-Manum Finance's CFO resigns, replaced within a day
Dheeraj Bajoliya stepped down on June 9. The nano-cap NBFC appointed Manish Chandan as his successor the next morning.
President clears REC merger into PFC, creating a ₹10 lakh crore lending giant.
The biggest regulatory hurdle is cleared. What's left is the money: agreeing on a share-swap ratio that satisfies both sets of shareholders.
Alacrity Securities wins SEBI nod to run demat accounts
The brokerage gets a new revenue line after landing a depository-participant registration from the market regulator.
Tata Capital's chief risk officer exits, immediate successor named
The ₹136,000 crore NBFC filled the key risk role the same day with a 24-year veteran. The exit was amicable.
Anand Rathi promoter pledge jumped. A broker error hid the increase for weeks.
A corrected filing reveals the May 21 disclosure was wrong. The promoter's encumbrance ratio is 26.75%, not the previously reported 23.36%.
Oasis Securities' ₹30 cr rights issue clears BSE hurdle
The proposed raise is larger than the company's entire market capitalisation, and the exchange greenlight moves it a step closer to completion.
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.
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.
Gajanan promoter buys ₹56 lakh of his own stock on the open market
Vinay Kumar Agarwal increased his stake by over 4 percentage points in a series of purchases last week.
SEBI wants to know why 5paisa's investment-adviser license shouldn't be cancelled.
A show cause notice over unpaid regulatory fees could strip the micro-cap brokerage of a core certificate. 5paisa has 21 days to reply.
LKP promoter just spent ₹20 cr to buy more of its own stock.
Bhavana Holdings bought 11.5 lakh shares on June 5, raising the promoter group's stake to 72.44%. The purchase equals 14% of the company's total market value.
SEBI bars Vivid Mercantile from securities market for five years
The nano-cap company and its managing director face a rare, multi-year market ban along with ₹50.85 lakh in monetary penalties.
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.
Shalibhadra Finance's transcript is a receipt, not an update
The Q4 and FY26 earnings call transcript repeats guidance already given. It adds no new numbers for models.
GACM gets BSE nod for $699M FCCB issue. Its market cap is ₹61 cr.
A nano-cap with a ₹61 crore market cap has green-light to raise foreign capital roughly 950 times its equity value.
Arman aims to cut operating costs by a third as it exits credit cycle
The micro-lender targets a 7% cost-to-AUM ratio, down from ~9%, with a return-on-assets goal of 3.5-4% as it shifts away from group lending.
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.
Glance Finance puts 12.8% of its market cap into a single AIF
The nano-cap NBFC is sponsoring a Category II fund with a ₹5 crore commitment, a bet equivalent to a significant slice of its own value.
Court lifts three-year freeze on Care Ratings' assets
The Madras High Court vacated a Feb. 2023 injunction after Care posted security, ending a constraint on its ability to manage its property.
Kreon promoter group buys 5% in two-day open-market sweep
Opti Products acquired nearly 10 lakh shares on June 3-4, lifting the promoter group's stake from 55.60% to 60.54%. The company's market cap is ₹66 crore.
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.
Pro Fin calls board meet to weigh a fundraise
The nano-cap will consider all options, from a rights issue to a QIP, on June 8. No size or structure has been disclosed.
Finkurve confirms a director it named in April. The loan tweak is the real question.
The board regularized Rajendran Chinna Veerappan's position. More importantly, it modified terms for related-party loans but gave no numbers.
Emerald Finance's earnings call transcript adds nothing to the prior summary
The Q4 and FY26 transcript is a public record of the live call, offering no new data beyond the numbers already guided.
Vibrant Global is buying a 65% stake in a company it won't name.
A ₹6 crore acquisition costs 5% of the nano-cap's value. The filing says almost nothing about what it's buying.
Anand Rathi promoter sells ₹506 cr of stock, cuts stake by 1.74%
Anand Rathi Financial Services offloaded 14.46 lakh shares via open-market trades on May 29. The sale comes after recent pledge reorganisations by the same promoter entity.
Skyline's auditor quits mid-fraud probe; new forensic report lands
Statutory auditor K S Rao resigned as an interim forensic report on ₹10.45 cr in alleged misappropriation was submitted to the board. The company bought a shell to bypass frozen regulatory data.
Swarna Securities' Q4 profit drops to ₹2.94 lakh, full-year profit also falls
The nano-cap brokerage's quarterly profit collapsed to a fraction of its year-ago and prior-quarter levels, continuing a weak trend.
Riddhi Corporate Services declares dividend of ₹0.49 per share
The company’s board approved its FY26 audited financials with an unmodified opinion. A final dividend is now awaiting shareholder approval at the annual general meeting.
Gajanan Securities audited results are clean. The profit is almost nothing.
A routine compliance filing from a ₹16 crore company. Q4 net profit was ₹0.66 lakh.
Airan's FY26 profit drops 35% to ₹1,097.55 lakhs on weak year
Full-year profit fell, but the March quarter swung to ₹784.86 lakhs on paper gains.
Titan Securities' CFO resigns as annual results land
Mrs. Darshana Santoshi leaves the nano-cap firm at the end of May, citing personal reasons. The board approved audited results for FY26.
Easun Capital's full-year profit swings to ₹23.75L from a ₹0.36L loss
A tiny turnaround for the nano-cap. Q4 profit slipped slightly, but the annual result moved into the black.
Mid East Portfolio Management's full-year profit doubles. Its Q4 is a loss.
The nano-cap's annual profit jumped to ₹86 lakhs, but the March quarter swung to a ₹50 lakh loss from a profit a year ago.
Blue Chip India's net loss narrows to ₹28 lacs; auditors give clean opinion
Annual losses shrank to ₹28.13 lacs from ₹260.53 lacs, with statutory auditors issuing an unmodified opinion on the results.
Shikhar Consultants reports ₹0 revenue and a ₹10.85 lakh loss
The nano-cap NBFC's annual results show a company with no operational income, negative reserves of ₹2.8 crore, and a cash balance of just ₹31,851.
NCL Research's annual loss doubles as auditor flags ₹38 cr in unverified loans
Q4 brought a ₹5.59 cr net loss on ₹28 lakhs of income. The auditor cannot confirm interest terms on loans equal to two-thirds of the company's market cap.
Shikhar Consultants ends FY26 with zero revenue and a ₹10.85 lakh loss
The nano-cap NBFC has no core business activity, and its balance sheet is down to ₹31,851 in cash.
Stellar Capital flips to loss; auditor flags its ₹52.65 cr loan book
The operating loss is small. The auditor's warning on credit-risk modeling for a loan book three times the company's market cap is not.
JM Financial's profit jumps 55% even as revenue shrinks
Finance costs fell 23%, funding a ₹167 crore dividend despite a 6.5% revenue drop.
Adcon swings to a ₹2.12 cr loss as auditors flag ₹4.17 cr in stuck interest
The nano-cap lender's bad-debt provision of ₹3.21 cr alone erased the prior year's profit. Auditors flagged another ₹4.17 cr in uncollected income.
Octal Credit's consolidated loss triples to ₹157.91 lakh on associate drain
A ₹167.23 lakh loss from associates turned the group into the red, overwhelming a small standalone profit.
Keynote's profit halved. Its standalone business lost money.
Consolidated net profit fell 54% to ₹6.66 cr for FY26. The standalone arm swung to a net loss of ₹1.66 cr, driven by a ₹4.30 cr hit in Q4.
Gyftr's voucher pivot delivers ₹396 cr, but auditors flag a ₹25 cr Kingfisher claim
Its first full year as a gift-voucher firm shows real revenue, but a ₹25-crore Kingfisher claim and legacy debts keep the auditor's opinion qualified.
JM Financial's profit jumps 55% to ₹1,201 cr on fee growth
Fee and brokerage income drove the surge. The board is returning ₹167 crore to shareholders via dividend.
Keynote Financial profit drops 54% after trading division losses
A Q4 standalone loss of ₹4.30 crore drove the annual decline. The board still declared a ₹1 dividend.
ACME Resources carries a tax bill bigger than its market cap
The statutory auditor flagged **₹90+ crore** in unresolved income tax demands across several years. The company's market value is **₹82 crore**.
Haryana Financial Corporation posts a profit. The state is closing it down.
A ₹7.73 cr profit in the final year of operations. Auditors flag going-concern risk as liquidation begins.
Quest Capital's ₹23.5 cr profit erased by a ₹343.3 cr portfolio swing
A paper loss on the investment book turned a profit into a total loss for the year.
IL&FS Investment Managers posts profit, but auditors doubt it can survive
Fee income is gone. The going-concern warning is back for an eighth straight year. The board is paying a dividend anyway.