Satin Finserv Mobilises ₹650 Crore via Debt and Equity to Fuel MSME Lending Growth
Satin Finserv, a subsidiary of Satin Creditcare, raised over ₹650 crore through debt and equity infusions in YTD FY27 to strengthen its capital base for growth.
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Satin Finserv, a subsidiary of Satin Creditcare, raised over ₹650 crore through debt and equity infusions in YTD FY27 to strengthen its capital base for growth.
Karnataka Bank launches KBL Finsurance, an AI-powered platform with SprintMoney to digitise insurance distribution. Quarterly net profit rose 43.29% YoY.
Greaves Cotton’s e-mobility arm GEML secures ₹530 crore via a fully subscribed rights issue to fund next-gen EV products and battery management systems today.
Biocon Ltd announces the US commercial launch of Yesafili, an interchangeable biosimilar to Eylea. The product targets a US market with 19.8 million AMD patients.
Sterlite Technologies bags a massive ₹960 crore contract from a domestic telecom operator for optical fibre cable supply through FY28 and FY29. Details here.
K.P. Energy Limited signs a 25-year Power Purchase Agreement with GUVNL for a 100 MW wind project at ₹3.435/unit, expanding its IPP portfolio past 250 MW.
Neogen Chemicals reports a 67% PAT surge to ₹17.1 crore in Q1 FY27. Management raised FY27 revenue guidance to ₹950-1,050 crore and approved a ₹600 crore QIP.
IP Rings Ltd signs a lease for a new manufacturing facility to boost production. The auto parts maker reported TTM revenue of ₹336.79 Cr and strong profit growth.
Emerald Finance Ltd reports a 52.72% YoY increase in net profit to 4.88 crore for Q1 FY27, driven by a 39.97% rise in total income and scaling of its EWA segment.
Sugs Lloyd reports a record Q1 FY27 with ₹78.4 Cr revenue and 15.3% EBITDA margin. Management maintains a ₹1,000 Cr revenue target for FY28. Detail inside.
Akiko Global Services reports 126% YoY revenue growth in Q1 FY27 reaching ₹68 crore. Management raises FY27 revenue guidance to ₹325-350 crore on digital scaling.
Neueon Corporation Ltd (NEUEON) announces a fund raise of ₹150.79 Crore via a rights issue of partly paid-up equity shares to achieve minimum public shareholding.
IIRM Holdings India Ltd announces a ₹150 Crore strategic capital raise through equity and warrants at ₹143.28 to fund global expansion and acquisitions in India.
Hero MotoCorp expands its EV portfolio with the VIDA VX2 Go FB, featuring a 3.1 kWh fixed battery and 128 km range, priced at INR 1,13,000 in New Delhi.
Shanti Gold International approves a ₹99.83 crore rights issue at ₹215 per share. Learn about the 19:295 ratio, record date, and complete issuance timeline here.
Lupin Limited launches Sugammadex Injection in the US, a bioequivalent to Merck's Bridion® for surgical recovery, as the company reports 62.5% annual profit growth.
EMS Limited receives a ₹158.29 crore Letter of Intent from Delhi Jal Board for sewerage infrastructure in Tikri Kalan, with a 15-month execution timeline.
Refex Industries reports 76% YoY revenue growth in Q1 FY27 to ₹619 crore. Highlights include wind sector execution and ash handling volume targets for FY27.
Akiko Global Services reported a 130.6% YoY revenue jump to ₹68.12 Cr in Q1 FY27, with PAT surging 247.7% driven by its integrated AkikoPay fintech platform.
Union Bank of India board approves raising USD 2 billion (approx. ₹19,000 crore) through debt instruments via its international branches in Dubai and Sydney.