SMC Global Securities Board Approves ₹150 Crore NCD Issue to Bolster Capital Base
SMC Global Securities Limited's Board has authorized a public offering of Non-Convertible Debentures (NCDs) to raise up to ₹150 crore. The capital-raising exercise is designed with a base issue size of ₹75 crore and an equal oversubscription option to strengthen the firm's financial position.
Zen Technologies Unveils India’s First Man-Portable Anti-Drone System for Mountain Warfare
Zen Technologies Limited has officially launched its indigenous High-Altitude Man-Portable Anti-Drone System (MPADS), specifically designed for modern mountain warfare and remote terrain deployment. The new system integrates advanced detection and jamming technologies to provide frontline troops with a scalable defense against coordinated drone swarms.
Waaree Renewable Technologies Bags 800 MWac Solar EPC Order for FY28 Execution
Waaree Renewable Technologies Limited has secured two significant Letters of Award for the execution of Engineering, Procurement, and Construction (EPC) works for solar power projects. These ground-mounted plants, aggregating 800 MWac capacity, are slated for completion during the 2027-28 financial year for a leading domestic renewable energy firm.
Monolithisch India Reports 135% PAT Growth in Q1 FY27; Targets ₹250 Cr Annual Revenue
Monolithisch India Limited delivered record-breaking financial results for Q1 FY27, characterized by a 135% surge in net profit and a 64% increase in revenue. The company is capitalizing on a strategic pivot toward high-margin refractory products and the commissioning of what it describes as the world's largest single-campus ramming mass facility.
Neueon Corporation Secures ₹150 Crore Order for Tactical Communication Equipment
Neueon Corporation Limited has entered into a procurement partnership with Elcom Innovations Private Limited, securing orders valued at ₹150 crore. The contract involves the supply of tactical communication equipment and solutions over a 12-month period.
Spectrum Electrical to Raise ₹325 Crore via Preferential Issue to HDFC MF and Others
Spectrum Electrical Industries Limited has approved a significant capital infusion of approximately ₹325 crore through a preferential issue of equity shares and convertible warrants. The board-approved move aims to strengthen the company's capital base by onboarding institutional investors including HDFC Mutual Fund and Valuequest India Inflexion Fund.
GSM Foils Reports 86% Revenue Growth in Q1 FY27; Sets ₹800 Cr Revenue Target for FY28
GSM Foils Limited delivered a robust financial performance in Q1 FY27, characterized by significant year-on-year growth in revenue and profitability. The company is currently executing a multi-pronged expansion strategy involving increased capacity utilization at its Ahmedabad plant, entry into the ROPP caps segment, and the establishment of a dedicated export unit.
Syrma SGS Technology Reports Landmark FY26 with 27 Percent Revenue Growth
Syrma SGS Technology delivered a landmark financial year in 2026, significantly exceeding its own EBITDA and export targets. The company is now pivoting toward selective growth, prioritizing high-margin sectors and working capital efficiency over low-margin consumer volumes.
Neueon Corporation Secures ₹35 Crore Strategic Order for Tactical Communication Equipment
Neueon Corporation Limited has entered into a strategic procurement partnership with Elcom Innovations Private Limited valued at ₹35 crore. The agreement focuses on the supply of tactical communication equipment and solutions, marking a significant entry into specialized electronic hardware. This domestic order is scheduled for completion in various tranches by July 23, 2027.