Recent Update

Sattrix secured a ₹9.3 Cr managed security services contract from a leading PSU bank for a 3-year cyber defence center.

SBEC Sugar Limited entered an unsecured inter-corporate loan agreement with Priyadarshini Polysacks Limited for Rs. 5 Crore on 07 July 2026. The loan carries no security and is not a related party transaction.

TARC Limited reported Q1 FY27 presales of ₹602 crore, up 3x YoY, and collections of ₹305 crore, up 80% YoY, driven by strong luxury residential demand and execution.

Promoter Refex Holding Pvt Ltd pledged 35L shares (2.55%) to Axis Securities. Voting rights unchanged.

Premier Energies secured orders worth ₹3,011 crore (1,846 MW) in Q1 FY27, with module capacity now at 11.1 GW and cell capacity expected to reach 10.6 GW by September 2026.

SWPE received a ~INR 166.82 Cr contract extension from Reliance Industries for CBM production services in Madhya Pradesh. Revenue to start Q2 FY27; no additional capex required.

Board approved issue of 1:1 bonus equity shares (one new share for every one held) by capitalising Rs 5.40 Cr from retained earnings, subject to shareholder approval. Also approved increase in authorised share capital from Rs 6 Cr to Rs 12 Cr. Record date to be announced.

CleanMax commissioned a record ~530 MW in Q1 FY27, raising its operational portfolio to ~4.2 GW. Capacity additions were led by Gujarat, Karnataka, and Maharashtra, serving blue-chip clients like Meta, Apple, and STT GDC India.

Board approved increase in authorized capital to Rs 63 Cr; preferential allotment of equity shares worth Rs 951 Cr to non-promoter investors including Tata Mutual Fund, and convertible warrants worth Rs 2,371 Cr to promoter group and non-promoters. EGM scheduled for 4th August 2026.

Board's committee approved raising additional funds via NCDs, increasing the overall issue size from INR 400 Cr to INR 1,570 Cr on a private placement basis, for refinancing, project construction, and working capital purposes.

RITES secured a USD 35.82 million order from South Africa's Volantis Asset Finance for supply and commissioning of 4000 HP Cape Gauge locomotives, to be executed within 20 months.

The President of India, acting through the Ministry of Ports, Shipping and Waterways, will sell up to 5.04% stake in Cochin Shipyard via an Offer for Sale on July 7-8, 2026, with a floor price of ₹1,400 per share and no retail discount.

Shanmuga Hospital has been empanelled under the Central Government Health Scheme for three years effective June 19, 2026, to provide healthcare services to central government employees and pensioners, expected to broaden its patient base.

Board accepted the resignation of Mr. Anish Goel as Chief Financial Officer (CFO), effective from the close of business hours on July 31, 2026, to pursue another professional opportunity.

Board approved phased acquisition of Japan's GL HAKKO Co., Ltd. Phase I: 19.19% stake for ~INR 69.3 Cr; Phase II within 3 years to reach 51.07% for additional ~INR 116.7 Cr. Target makes glass-lined process equipment for pharma, chemical, semiconductor industries. Related party transaction at arm's length.

Board recommended dividend of Rs 0.5 per share (5%) for FY26. Mr. Apurva N. Kane, CEO, to retire effective Sep 30, 2026; Mr. Rajashekar Venkat appointed as new CEO effective Oct 1, 2026, bringing 27 years of capital equipment industry experience.

SIS Ltd (non-promoter) bought 1.96L shares via open mkt. VR shares: pre 32.67L, post 34.63L.

A fire at the Pithampur manufacturing facility affected a production line. No injuries occurred as the plant was closed. The cause and financial loss are under assessment; the impacted area is temporarily shut. Insurer has been notified.

Board approved acquisition of up to 90% stake in Avenir International (UAE) via share swap of 153 Cr equity shares (Rs 1,530 Cr), increase in authorized share capital to Rs 6,000 Cr, and borrowing limit hike to Rs 7,500 Cr (all subject to shareholder approval).

NCLT sanctioned amalgamation of J.B. Chemicals & Pharmaceuticals with Torrent Pharmaceuticals. Scheme effective upon filing certified order with RoC.

Board to approve Q1 FY26 results, appoint new auditor after sudden resignation, increase authorized capital, finalize Rajal Lefin acquisition via share swap, and raise funds through preferential issue.

Kinetic Trust Limited's board meeting on July 10, 2026 will consider increasing authorized share capital and fund raising via preferential issue of equity shares/warrants, subject to approvals. Other routine items include AGM-related matters.

Gujarat Inject Kerala appointed Murli Shivshankaran Nair as Additional Director (Managing Director) for three years effective July 6, 2026, subject to shareholder approval. He has plastic industry experience and no relation to existing directors.

Promoter group entity Jayantilal Keshavbhai Parmar acquired 1,525,000 convertible warrants for ₹3.81 million (25% of issue price) via preferential offer on July 2, 2026, signaling promoter confidence.

South West Pinnacle Exploration received a Letter of Award from CMPDI for coal exploration services in Jharkhand, valued at ~₹5.89 crore including GST, to be completed in 180 days, boosting the current fiscal year's revenue.

Chiraharit Limited secured a Rs 3.60 crore purchase order from Amara Raja Infra for supply and installation of pipes and fittings for a solar module cleaning system.

Minolta Finance's entire server infrastructure was compromised on July 3, 2026, causing loss of servers, email, and data from that date onward. Technical experts are assisting recovery, and the full impact is still being assessed.

Board approved name change to Cosmic Energy & Motors Limited and alteration of objects to EV and auto components. Authorized capital increased to Rs 50 Cr. Borrowing, charge creation, and investment limits enhanced to Rs 500 Cr each. Valuer appointed for proposed acquisition of Cosmic EV and Cosmet Fleet and preferential issue.

Received an adverse arbitration award of ₹24.56 lakh plus interest. The company is pursuing legal remedies; award not final. Delayed disclosure noted as inadvertent.

A2Z Infra's Managing Director & CEO, Amit Mittal, has been released on bail by the Chhattisgarh High Court. The court observed no direct evidence linking him personally to illegal commissions or forgery, and noted operational control lay with another executive.

June volume up 26% MoM and 12% YoY to 29k MTs, second-highest in 12 months. Signed MoU with CONCOR as Transport Associate; added four tankers.

Defrail Technologies registered as a vendor with TEK Automotive Malaysia and received a maiden purchase order worth USD 440 (~₹42k) for automotive rubber hoses.

Tirth Plastic corrected its July 4 board outcome, clarifying approval is for a preferential issue of up to 4.5 million convertible warrants, not equity shares, pending shareholder and regulatory approvals.

Sattrix Information Security Limited announced receipt of purchase orders aggregating ₹125.06 million during June 2026, for cybersecurity products, software licensing, implementation, and support services across India and UAE.

Madhucon Projects filed a nil default disclosure for Q1 FY2027. Total indebtedness Rs153.81cr, all non-fund based, with no outstanding fund-based borrowings or defaults.

Secured Rs. 0.98 Cr domestic order for Brass Scrap Honey from Micronova Industries.

Zeal Aqua Limited has availed a working capital term loan of Rs. 5.47 crore from Axis Bank under the Emergency Credit Line Guarantee Scheme to fund business operations.

Board approved fundraise of Rs 173.5 Cr via preferential issue of 7.41 lakh equity shares at Rs 2,341/share to promoter Anupam Rasayan India (increasing stake to 26.07%) and others. Also approved proposal to list equity shares on NSE. Board appointed Dr. D. Karthikeyan, IAS as Chairperson.

GK Energy secured a ₹235.92 crore order from MSEDCL to deploy 10,000 solar-powered water pumping systems in Maharashtra, to be executed within 60 days. This lifts total orders from the utility to ₹637.83 crore.

Faalcon Concepts secured a Rs 101.93 crore work order from Splendor IT for design, fabrication and installation of aluminium glazing façade work at Splendor ONYX, Noida, over 3 years.

Board recommended issuance of bonus shares in ratio of 1:2, subject to shareholder and regulatory approvals.

Enviro Infra Engineers secured two HAM EPC orders worth ₹256.92 crore for 45 MLD and 60 MLD sewage treatment plants in Varanasi under the Namami Gange Programme, expanding its HAM portfolio to five projects with 15-year O&M.

Veefin Group's PSB Xchange platform onboarded Bank of India as a lending partner, aiming to expand digital supply chain financing and working capital access for MSMEs and dealer ecosystems through a unified multi-lender network.

Board meeting on July 9, 2026 to consider a preferential issue of equity shares or convertible warrants to promoters for funding lab-grown diamond business expansion.

Blue Cloud Softech deployed 'AI-CopWriter', India's first AI multilingual FIR recorder, for Hyderabad City Police. The app transcribes complaints in ten languages and produces tamper-evident FIR drafts in seconds, with plans for city-wide rollout across police stations.

Granules India secured Sole First-to-File ANDA status for Sodium Oxybate ER Oral Suspension, generic LUMRYZ. This is its second sole FTF, advancing its complex generics portfolio.

Strongest-ever Q1: Consolidated AUM ~₹16,000 Cr, disbursements +54% YoY. Credit cost improved to 2.5-3.0%, GNPA 2.0-2.5%. Promoter to infuse ₹100 Cr equity at premium. Non-MFI share rose to 19%.

Oberoi Realty recorded gross bookings of approximately ₹8,109 crore at its first NCR luxury project, Three Sixty North, Gurugram, covering 13.52 lakh sq. ft. RERA carpet area, marking a major milestone in its North India expansion.

HOCL commenced reopening activities for its Phenol and Hydrogen Peroxide plants following a temporary shutdown, potentially restoring production and revenue.

Diamond Power Infrastructure secured a Rs. 435.71 crore order from L&T, Sterling & Wilson, and Blue Star to supply HT & LT cables for 310 MW Hyderabad data center projects, among the largest in the segment.