Bhandari Hosiery Exports MD, chairman and AGM
NSE: BHANDARIBSE: 512608Textiles & ApparelsSmall Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹2.64.
27 Oct: open ₹2.64, high ₹2.72, low ₹2.60
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹90 Cr2,830th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 12.07
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 0.49
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.37%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 4.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 7.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.55
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 30,88779.7% delivered
Bhandari Hosiery Exports' chairperson and managing director is Nitin Bhandari, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 15 Sep 2026.
Bhandari Hosiery Exports board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorNitin Bhandari
- Company Secretary and Compliance OfficerAnkit Singla
7 directors4 independent1 executive2 non-executive
- Nitin Bhandari · Chairperson and managing directorExecutive · joined Sep 2015 · reappointed Nov 2023 · 1 listed board · 2 committee seats
- Rajesh KumarNon-executive · joined Mar 2020 · reappointed Mar 2020 · 1 listed board
- Vikas NayarNon-executive · joined Oct 2004 · reappointed Oct 2004 · 1 listed board · 1 committee seat, 1 as chair
- Alka GambhirIndependent · joined Aug 2022 · reappointed Aug 2022 · 49 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Komal KathuriaIndependent · joined Aug 2023 · reappointed Aug 2023 · 37 months as independent · 3 listed boards · 3 as independent · 6 committee seats, 2 as chair
- Rohit Kumar ChhabraIndependent · joined May 2025 · reappointed May 2025 · 16 months as independent · 1 listed board · 1 as independent
- Sharon AroraIndependent · joined May 2025 · reappointed May 2025 · 16 months as independent · 3 listed boards · 3 as independent · 2 committee seats, 2 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- Surinder Kumar Kapoor, left 30 May 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 13 Aug 20266 of 7 present3 independent · 75 days in between
- 29 May 20267 of 7 present4 independent · 22 days in between
- 6 May 20267 of 7 present4 independent · 29 days in between
- 6 Apr 20267 of 7 present4 independent
Audit Committee
Chair Komal Kathuria
Alka Gambhir, Nitin Bhandari
- 13 Aug 20263 of 3 present2 independent · 75 days in between
- 29 May 20263 of 3 present2 independent · 22 days in between
- 6 May 20263 of 3 present2 independent · 29 days in between
- 6 Apr 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Komal Kathuria
Alka Gambhir, Vikas Nayar
- 13 Aug 20263 of 3 present2 independent · 75 days in between
Stakeholders Relationship Committee
Chair Vikas Nayar
Nitin Bhandari, Komal Kathuria
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Nitin Bhandari
Komal Kathuria, Vikas Nayar
- 29 May 20263 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Raj Gupta & CoPeer-review certificate valid to Nov 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Bhandari Hosiery Exports AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Bhandari Hosiery Exports dividend history
Annual general meeting, 15 Sep 2026
99,568 shareholders on the register on 8 Sep 2026; present: 5 promoters and 29 others; votes counted by Rajeev Bhambri / Rajeev Bhambri & Associates.The company's voting result
- To receive, consider and adopt the Audited Financial Statements for the financial year ended 31st March, 2026 together with the Reports of the Auditors and Directors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 44.04% · promoters 99.96% · institutions 0.00% · other public 3.82%
- To consider declaration of dividend on Equity Shares for the financial year ended 31st March, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 44.04% · promoters 99.96% · institutions 0.00% · other public 3.82%
- To appoint a Director in place of Mr. Vikas Nayar (DIN- 00071047), who retires by rotation at this meeting and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 44.04% · promoters 99.96% · institutions 0.00% · other public 3.82%
- To re-appoint Mr. Nitin Bhandari, as the Chairman & Managing Director of the Company for 5 years w.e.f. 22.11.2026.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 44.04% · promoters 99.96% · institutions 0.00% · other public 3.82%
- To consider and approve to increase the remuneration of Mr. Nitin Bhandari, Chairman & Managing Director of the Company .Special99.91% for0.09% against
Against: promoters 0.00% · institutions 0.00% · other public 1.77%
Turnout: all 44.04% · promoters 99.96% · institutions 0.00% · other public 3.82%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 28 Aug 2025, 6 resolutions
1,04,276 shareholders on the register on 21 Aug 2025; present: 5 promoters and 30 others; votes counted by RAJEEV BHAMBRI / RAJEEV BHAMBRI & ASSOCIATES.The company's voting result
Adoption of Audited Balance Sheet as at 31st March, 2025, Statement of Profit and Loss for the year ended on that date together with the Cash flow Statement and Reports of the Auditors and Directors thereon.MoreLess
Ordinary99.80% for0.20% againstAgainst: promoters 0.00% · institutions 0.00% · other public 2.65%
Turnout: all 26.39% · promoters 78.74% · institutions 0.00% · other public 2.85%
- To consider Declaration of Dividend for the year 2024-25 on equity shares.Ordinary99.81% for0.19% against
Against: promoters 0.00% · institutions 0.00% · other public 2.62%
Turnout: all 26.39% · promoters 78.74% · institutions 0.00% · other public 2.85%
- To Reappoint Mr. Rajesh Kumar (DIN- 05160964), as Director who retires by rotation.Ordinary99.80% for0.20% against
Against: promoters 0.00% · institutions 0.00% · other public 2.72%
Turnout: all 26.39% · promoters 78.74% · institutions 0.00% · other public 2.85%
- To consider and approve the appointment of M/s Rajeev Bhambri and Associates, Company Secretaries as Secretarial Auditor of the Company for a period of 5 years.Ordinary99.80% for0.20% against
Against: promoters 0.00% · institutions 0.00% · other public 2.71%
Turnout: all 26.39% · promoters 78.74% · institutions 0.00% · other public 2.85%
- To consider and approve the appointment of Mr. Rohit Kumar Chhabra (DIN: 11131326) as a Non-Executive Independent Director of the Company.Special99.80% for0.20% against
Against: promoters 0.00% · institutions 0.00% · other public 2.72%
Turnout: all 26.39% · promoters 78.74% · institutions 0.00% · other public 2.85%
- To consider and approve the appointment of Ms. Sharon Arora (DIN: 09450764) as a Non-Executive Independent Director of the Company.Special99.80% for0.20% against
Against: promoters 0.00% · institutions 0.00% · other public 2.72%
Turnout: all 26.39% · promoters 78.74% · institutions 0.00% · other public 2.85%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2024, 6 resolutions
Present: 5 promoters and 30 others.
To receive, consider and adopt the Audited Balance Sheet as at 31st March, 2024 and Profit and Loss account for the period ended on that date together with the Reports of Directors and Auditors thereon.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 33.05% · promoters 99.93% · institutions 0.00% · other public 2.98%
- To consider declaration of dividend on Equity Shares for the financial year ended 31st March, 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 33.05% · promoters 99.93% · institutions 0.00% · other public 2.98%
- To appoint a Director in place of Mr. Vikas Nayar (DIN- 00071047), who retires by rotation at this meeting and being eligible, offers himself for re-appointment.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.23%
Turnout: all 33.05% · promoters 99.93% · institutions 0.00% · other public 2.98%
- Increase in Authorised Share Capital of the Company and Alteration of Capital Clause of Memorandum of Association of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 33.05% · promoters 99.93% · institutions 0.00% · other public 2.98%
- To consider and approve the remuneration of Mr. Nitin Bhandari, Chairman & Managing Director of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.18%
Turnout: all 33.05% · promoters 99.93% · institutions 0.00% · other public 2.98%
To consider and approve the requests received from Mr. Ankit Bhandari and Mr. Shiva Bhandari and Mrs. Mamta Bhandari, persons belonging to the promoter and promoter group of the Company, for re-classification from the ‘promoter and promoter group’ category to ‘public’ category shareholderMoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 33.05% · promoters 99.93% · institutions 0.00% · other public 2.98%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2023, 5 resolutions
Present: 5 promoters and 31 others.
To receive, consider and adopt the Audited Balance Sheet as at 31st March, 2023 and Profit and Loss account for the period ended on that date together with the Reports of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 28.36% · promoters 99.84% · institutions 0.00% · other public 4.60%
- Consideration of dividend for the year ended 31.03.2023.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 28.36% · promoters 99.84% · institutions 0.00% · other public 4.60%
- Re-appointment of Mr. Rajesh Kumar (DIN 05160964) by retirement by rotation and consideration for re-appointmentOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 28.36% · promoters 99.84% · institutions 0.00% · other public 4.60%
- To consider the appoint Mrs. Komal Bhalla (holding DIN 09106916) as a Non-Executive Independent DirectorSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 28.36% · promoters 99.84% · institutions 0.00% · other public 4.60%
- To consider and Reappoint Mr. Nitin Bhandari as chairman and Managing Director of the company w.e.f. 22.11.2023.Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 11.18% · promoters 30.96% · institutions 0.00% · other public 4.60%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2022, 6 resolutions
Present: 8 promoters and 33 others.
To receive, consider and adopt the Audited Balance Sheetnas at 31st March, 2022 and Profit and Loss account fornthe period ended on that date together with the Reportsnof Directors and Auditors thereon.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 28.37% · promoters 99.86% · institutions 0.00% · other public 4.60%
- Consideration of dividend for financial year 2021-22.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 28.37% · promoters 99.86% · institutions 0.00% · other public 4.60%
- Re-appointment of Mr. Vikas Nayar (DIN 0071047) whonretiring by rotation and consideration for re-appointment.Ordinary99.91% for0.09% against
Against: promoters 0.00% · institutions 0.00% · other public 0.73%
Turnout: all 28.36% · promoters 99.86% · institutions 0.00% · other public 4.60%
- To consider the appointment of M/s Raj Gupta & Co.,nChartered Accountant, Ludhiana (FRN 000203N) asnStatutory Auditors.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 28.36% · promoters 99.86% · institutions 0.00% · other public 4.60%
- Appointment of Mr. Babu Ram Malhotra as Nonnexecutive Independent director of the company.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 28.36% · promoters 99.86% · institutions 0.00% · other public 4.60%
- Appointment of Mrs Alka Gambhir as Non executivenIndependent director of the company.Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.13%
Turnout: all 28.36% · promoters 99.86% · institutions 0.00% · other public 4.60%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 22 Aug 2022, 1 resolution
- To Reappointment of Mr. Surinder Kumar Kapoor (DlN 08442523) as an lndependent Director of the Company.Special99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 5.91%
Turnout: all 20.07% · promoters 79.72% · institutions 0.00% · other public 0.25%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2021, 5 resolutions
Present: 4 promoters and 32 others.
To receive, consider and adopt the Audited Balance Sheet as at 31st March, 2021 and Profit and Loss account for the period ended on that date together with the Reports of Directors and Auditors thereon.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Consideration of dividend for financial year 2020-21.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Re-appointment of Mr. Rajesh Kumar (DIN 05160964) who retiring by rotation and consideration for re-appointment.Ordinary99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 0.33%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Ratifying the reappointment of the statutory Auditors M/s Krishan Goel and Associates.Ordinary99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.28%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Appointmant of Mr. Kunal Verma as Non executive Independent director of the company.Ordinary99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.30%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 28 Sep 2020, 9 resolutions
Present: 7 promoters and 15,224 others.
- To receive, consider and adopt the Audited Financial Statements for the financial year ended 31st March, 2020 together with the Reports of the Auditors and Directors thereon.Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.24%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To consider declaration of dividend on Equity Shares for the financial year ended 31st March, 2020.Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.24%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To appoint a Director in place of Sh. Vikas Nayyar(DIN 00071047), who retires by rotation at this meeting and being eligible, offers himself for re-appointment.Ordinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To ratify the appointment of Statutory Auditors and fix their remuneration and in this regards to consider and if thought fit, to pass the following resolutions as Ordinary ResolutionOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.24%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Appointment of Mrs. Geetika Bhalla as a Non-Executive Independent directorOrdinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Appointment of Mr. Rajesh Kumar as a Non-Executive Non Independent director of the CompanyOrdinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To Increase the Borrowing Power of the Company from 150 crore to 250 croreSpecial98.89% for1.11% against
Against: promoters 0.00% · institutions 0.00% · other public 8.11%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To increase the securitization, mortgage/ charges on the Moveable and Immoveable Properties of the Company, Both Present and FutureSpecial98.89% for1.11% against
Against: promoters 0.00% · institutions 0.00% · other public 8.09%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To re-appoint Mr. Nitin Bhandari, as the Managing Director of the Company w.e.f. 22.11.2020SpecialPromoters have an interest in it99.74% for0.26% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Rights IssuesMar 2026, checked by CRISIL RATINGS LIMITED | 23.78 | Reduction in long term loans | 6.87 | 0.00 | No | Audit committee: As per the letter of Offer dated February 19, 2026, the Board of Directors of the Company had approved raising fresh Equity funds through Rights Issue amounting to Rs 4,930.00 lakh. However, on account of undersubscription of shares at the time of subscription, the gross proceeds were revised from Rs 4,930.00 lakh to Rs 2,378.41 lakh. Proceeds have been fully utilised.MoreLess |
| Rights IssuesMar 2026, checked by CRISIL RATINGS LIMITED | 23.78 | Utilization towards longterm working capital requirement of the Company | 22.98 | 22.98 | No | Audit committee: As per the letter of Offer dated February 19, 2026, the Board of Directors of the Company had approved raising fresh Equity funds through Rights Issue amounting to Rs 4,930.00 lakh. However, on account of undersubscription of shares at the time of subscription, the gross proceeds were revised from Rs 4,930.00 lakh to Rs 2,378.41 lakh. Proceeds have been fully utilised.MoreLess |
| Rights IssuesMar 2026, checked by CRISIL RATINGS LIMITED | 23.78 | General Corporate Purpose (GCP) | 7.43 | 0.00 | No | Audit committee: As per the letter of Offer dated February 19, 2026, the Board of Directors of the Company had approved raising fresh Equity funds through Rights Issue amounting to Rs 4,930.00 lakh. However, on account of undersubscription of shares at the time of subscription, the gross proceeds were revised from Rs 4,930.00 lakh to Rs 2,378.41 lakh. Proceeds have been fully utilised.MoreLess |
| Rights IssuesMar 2026, checked by CRISIL RATINGS LIMITED | 23.78 | Rights issue expenses | 0.80 | 0.80 | No | Audit committee: As per the letter of Offer dated February 19, 2026, the Board of Directors of the Company had approved raising fresh Equity funds through Rights Issue amounting to Rs 4,930.00 lakh. However, on account of undersubscription of shares at the time of subscription, the gross proceeds were revised from Rs 4,930.00 lakh to Rs 2,378.41 lakh. Proceeds have been fully utilised.MoreLess |