Electrotherm (India) share news, announcements and annual reports
NSE: ELECTHERMBSE: 526608Industrial ProductsSmall Cap
Electrotherm (India) Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Oct 1994 on BSE, Aug 2007 on NSE
Last close ₹579.40down ₹20.60 (3.43%)BSE ₹581.50
Share price at the NSE close on 30 Oct 2026. Previous close ₹600.00.
30 Oct: open ₹615.90, high ₹615.90, low ₹571.40
52-week range of traded prices to 30 Oct 2026
₹551.00Low, 30 Mar 2026₹1,277.00High, 6 Jul 2026
- Next results date: the board meets on 4 Nov 2026 to consider: financial results. The notice · Results calendar
- 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
- ₹738 Cr1,467th 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
- Lossover the last 12 months
- 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
- Net worth zero or below
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- 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 zero or below
- 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.
- −4.4%
- 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.
- Net worth zero or below
- 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
- 6,35854.0% delivered
Electrotherm (India) share news and announcements
526 announcements, routine notices left out, newest first. Page 10 of 11.
Feb 2011
4 Feb · Board meeting
Board of Directors of the Company at their meeting held on February 04, 2011 has approved the following: 1) Resignation of Mr. Ashok Kumar Lahiri as a Director. 2) Resignation of Mr. Shirish Maniar as Chief Financial Officer (CFO). 3) Appointment of Mr. Dilip Singh Lodha as Chief Financial Officer (CFO).
Jan 2011
27 Jan · Board meeting
Inter alia, to consider the following business : (1) To consider and take on record Unaudited Financial Results (Provisional) for the quarter ended on December 31, 2010; (2) Any other business with the permission of the Chair.
Oct 2010
28 Oct · Management
Board of Directors of the Company at their meeting held on October 26, 2010, has approved the appointment of Mr.Ashok Kumar Lahiri as an Additional Director.18 Oct · Board meeting
Inter alia, to consider the following business: (1) To consider and take on record Unaudited Financial Results (Provisional) for the quarter ended on September 30, 2010, (2) Any other business with the permission of the Chair.
Sep 2010
Aug 2010
13 Aug · Meeting
Register of Members and Share Transfer Books of the Company will remain closed from September 20, 2010 to September 24, 2010 (both days inclusive) for the purpose of payment of dividend & Annual General Meeting. The Annual General Meeting of the Company will be held on September 24, 2010.2 Aug · Management
Mr. Shirish Maniar has been appointed as Chief Financial Officer (CFO) of the Company with effect from August 02, 2010.
Jul 2010
29 Jul · Board meeting
Inter alia, to consider the following business : (1) To consider and take on record Unaudited Financial Results (Provisional) for the quarter ended on June 30, 2010; (2) Any other business with the permission of the Chair.
Jun 2010
2 Jun · Dividend
Board of Directors at its meeting held on May 30, 2010, have recommended dividend @ Rs. 2.5 per Equity Shares of Rs. 10 each and Rs. 0.60 per preference share of Rs. 10 each for the year 2009-2010, subject to approval of shareholders.2 Jun · Updates
Company has acquired the 100% shareholding of Hans Ispat Limited and remaining shareholding of Shree Hans Papers Limited (a subsidiary of Hans Ispat Limited) and accordingly completed the said acquisitions. As such Hans Ispat Limited has become a wholly owned subsidiary and Shree Hans Papers Limited has become a step down subsidiary of Electrotherm (India) Limited with effect from June 1, 2010.
May 2010
21 May · Board meeting
Inter alia, to consider the following business: (1) To consider and approve the Audited Financial Results for the financial year ended on March 31, 2010. (2) To consider recommendation of dividend for the year ended March 31, 2010. (3) Any other business with the permission of the Chair.21 May · Business
Company has acquired the 100% shareholding of Shree Ram Electro Cast Private Limited and accordingly completed the said acquisition. As such Shree Ram Electro Cast Private Limited has become a wholly owned subsidiary of Electrotherm (India) Limited with effect from May 20, 2010.10 May · Updates
Company has entered into an Agreement for acquisition of 100 % shareholding of Hans Ispat Limited And Shree Hans Paper Limited ( a subsidiary of Hans Ispat Limited ) at a consideration of upto Rs. 60 crores. Hans Ispat Limited and Shree Hans Paper Limited are Kutch, Gujarat based company having manufacturing activities for Billet of 84000 TPA, TMT Rolling Mill of 1,20,000 TPA and SS Rolling Mill of 72000 TPA per annum at Village : Bhudarmora, Tal: Anjar, Dist: Kutch. The transaction is expected to be completed in 4 months.7 May · Results
The Company has opted to submit / publish Audited Financial Results for the year ended on March 31, 2010 within a period of sixty days i.e. by May 30, 2010 instead of submitting / publishing Unaudited financial results for the last quarter ended on March 31,2010.
Apr 2010
21 Apr · Updates
Company has entered into a Share Purchase Agreement for acquisition of 100% shareholding of Shree Ram Electro Cast Private Limited at a consideration of upto Rs. 85 Crores. Shree Ram Electro Cast Private Limited is a kolkata based company having manufacturing activities for Pigiorn capacity of 1,20,000 MT per annum and Power Plant of 2.5 MW at Siruguppa, Bellary, Karnataka. The transaction is expected to be completed in about 2 months.
Jan 2010
13 Jan · Board meeting
Inter alia, to consider the following business: (1) To consider and take on record Unaudited Financial Results (Provisional) for the quarter ended on December 31, 2009. (2) Any other business with the permission of the Chair.
Dec 2009
23 Dec · Business
Electrotherm (India) Ltd. has informed the Exchange that, the Company has filed the certified copy of High Court Order sanctioning the Scheme of Arrangement between the Company and its shareholders with Registrar of Companies, Gujarat on December 21, 2009 and as such the scheme has become effective from that date.2 Dec · Business
Electrotherm (India) Ltd. has informed the Exchange that with regard to the Approval of Scheme of Arrangement between Electrotherm (India) Limited and its shareholders, the Honb'le High Court of Gujarat at Ahmedabad has at the hearing held on November 30, 2009 sanctioned the Scheme of Arrangement between Electrotherm (India) Limited and its shareholders ("the Scheme"). The Scheme would become effective on the filing of the certified copy of the High Court order with the Registrar of Companies.
Oct 2009
21 Oct · Meeting
Electrotherm (India) Ltd. has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on September 15, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.15 Oct · Board meeting
Inter alia, to consider the following business: (1) To consider and take on record Unaudited Financial Results (Provisional) for the quarter ended on September 30, 2009. (2) Any other business with the permission of the Chair.6 Oct · Resolution passed by the shareholders
Electrotherm (India) Ltd. has submitted the Exchange a copy of Special Resolution for alteration of Memorandum of Association of the Company, passed by members through postal ballot, the result of which was declared on September 23, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Sep 2009
23 Sep · Results
Electrotherm (India) Ltd. has informed the Exchange regarding the passing of Special Resolution through Postal Ballot in accordance with the provisions of section 192A of the Companies Act, 1956 read with Companies (Passing of Resolution by postal ballot) Rules, 2001 for seeking approval of members of the Company for alteration of Main Object clause of the Memorandum of Association of the Company.The details of the result of postal ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.18 Sep · Meeting
Electrotherm (India) Ltd. has informed the Exchange that the members of the Company at their Annual General Meeting held on September 15, 2009 have approved the following resolutions unanimously / with requisite majority: 1) Adoption of the Balance Sheet as at March 31, 2009 and the Profit & Loss account for the year ended on that date, together with the report of the Directors' and Auditors' Report thereon. 2) Declaration of Dividend @ 6% on Preference Shares. 3) Declaration of Dividend @ Rs. 2.50 per Equity Share of the Company for the year ended March 31, 2009. 4) Re-appointment of Mr. Ram Singh, Mr. Pradeep Krishna Prasad and Mr. Madhusudan Somani, as Directors of the Company, retired by rotation. 5) Re-appointment of M/s Mehta Lodha & Co., Chartered Accountants, Ahmedabad as Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company. 6) Appointment of Dr. Sudhir Kapur, as Additional Director upto the date of this Annual General Meeting, as Director of the Company. 7) Revision of Remuneration of Mr. Mukesh Bhandari (Chairman & Chief Technology Officer), Mr. Shailesh Bhandari (Managing Director), Mr. Avinash Bhandari (Joint Managing Director & Chief Executive Officer) and Mr. Narendra Dalal, Whole Time Director of the Company. 8) Change in place for keeping Registers etc. under section 163 of the Companies Act, 1956.1 Sep · Meeting
Electrotherm (India) Ltd. has submitted to the Exchange a copy of Notice of the Annual General Meeting of the Members of the Company to be held on September 15, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Aug 2009
20 Aug · Meeting
Electrotherm (India) Ltd. has informed the Exchange that notice is hereby given to the members of Electrotherm (India) Limited that the draft Resolution as set out below shall be passed through Postal Ballot as per the provisions under section 192A of the Companies Act, 1956, read with those under the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001. Special Resolution for Alteration of Main Object Clause of the Memorandum of Association of the Company. A copy of the notice of postal ballot shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jul 2009
29 Jul · Meeting
Electrotherm (India) Ltd. has informed the Exchange that the Board of Directors of the Company at their meeting held on July 29, 2009 has approved the following: (1) The Board has fixed September 07, 2009 to September 15, 2009 (both days inclusive) as the Book Closure date for the purpose of payment of dividend & Annual General Meeting. (2) The Annual General Meeting of the Company will be held on September 15, 2009. (3) The Board has approved the change in place for keeping Registers under Section 163. (4) The Board has approved the revision of salary of Managerial Personnel. (5) The Board has approved the alteration of Main Object clause of the Memorandum of Association, subject to approval of members by postal ballot. (6) The Board has approved the re-constitution of various committees.21 Jul · Board meeting
Inter alia, to consider the following business: 1) To consider and take on record Unaudited Financial Results (Provisional) for the quarter ended June 30, 2009. 2) To consider the alteration of Object Clause of the Memorandum of Association of the Company. 3) To approve the process of postal ballot. 4) To fix the Book Closure Date & date of Annual General Meeting and approve the Notice, Director's Report etc. 5) Any other business with the permission of the Chair.6 Jul · Notice
Electrotherm (India) Ltd. has informed the Exchange that the Company has filed a Company Petition with the Hon'ble High Court of Gujarat on June 22, 2009. As directed by the Hon'ble High Court of Gujarat at Ahmedabad by its order dated June 24, 2009, the Company has on July 01, 2009 published the notice in the Newspapers about the date of hearing of Petition for the sanction of the Scheme of Arrangement between Electrotherm (India) Limited and its shareholders. A copy of the Notice of hearing of Petition, published in the news paper on July 01, 2009 shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jun 2009
19 Jun · Demise of Director
Electrotherm (India) Ltd. has informed the Exchange that Mr. Naveen Nakra, Director of the Company passed away on June 19, 2009.18 Jun · Business
Electrotherm (India) Ltd. has informed the Exchange that "The shareholders of Electrotherm (India) Limited ("Electrotherm" or "the Company") has at their meeting held as per the direction of the Hon'ble High Court of Gujarat at Ahmedabad at H.T. Parekh Convention Centre, Ahmedabad Management Association, ATIRA Campus, Dr. Vikram Sarabhai Marg, Ahmedabad - 380015, on Tuesday the 16 day of June, 2009, approved the Scheme of Arrangement between the Company and its Shareholders by requisite majority."
May 2009
28 May · Board meeting
Electrotherm (India) Ltd. has informed the Exchange that the Board of Directors of the Company at their meeting held on May 25, 2009 has approved the following :The Board has considered to dilute the holding in subsidiary companies in China.25 May · Updates
Electrotherm (India) Ltd. has submitted to the Exchange a Statement of Appropriation as per the Clause 20 of the Listing Agreement, for the year ended March 31, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.25 May · Dividend
Electrotherm (India) Ltd. has informed the Exchange that the Board of Directors of the Company at their meeting held on May 25, 2009 has recommended a dividend Rs.0.60 per share on 6% Non-Cumulative Redeemable Preference Shares and dividend @ Rs.2.50 per share on equity share subjects to approval of members at the Annual General Meeting.15 May · Notice of Meeting
Electrotherm (India) Ltd. has informed the Exchange that by an Order made on May 05, 2009, in the Company Application, the Hon'ble High Court of Gujarat at Ahmedabad has directed that a meeting of the Equity Shareholders of the Applicant Company (Electrotherm (India) Limited) be convened and held on June 16, 2009 for the purpose of considering, and if thought fit, approving with or without modification(s), the arrangement embodied in the Scheme of Arrangement between Electrotherm (India) Limited and its Shareholders (the "Scheme"). A copy of the Notice of the Meeting shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.14 May · Board meeting
Inter alia, to consider the following business:(1)To Consider and approve the Audited Financial Results for the financial year ended March 31, 2009.(2)To consider recommendation of dividend for the year ended March 31, 2009.(3) Any other business with the permission of the Chair.8 May · Business
Electrotherm (India) Ltd. has informed the Exchange that "with regard to Scheme of Arrangement between Electrotherm (India) Limited and its shareholders the Company has filed a Company Application with the Hon'ble High Court of Gujarat on May 02, 2009. Subsequently, the Hon'ble High Court of Gujarat, by an order made on May 05, 2009 has directed that a meeting of the Equity Shareholders of the Company be convened and held on June 16, 2009 for the purpose of considering, and if though fit, approving with or without modification(s), the arrangement embodied in the Scheme of Arrangement between Electrotherm (India) Limited and its equity shareholders".
Apr 2009
20 Apr · Board meeting
Electrotherm (India) Ltd. has informed the Exchange that "The Board of Directors of the Company at its meeting held on 13th April, 2009, has, inter alia, considered and approved the following: (1) In view of the change in current market scenario, the Board has reviewed the proposed Scheme of Arrangement for the demerger of the Engineering Business of the Company into a wholly owned subsidiary approved by the Board of Directors on 29th December, 2008. After deliberation, the Board has now considered it appropriate to keep the Scheme in abeyance till such time as the Board may consider appropriate. (2) Approved a Scheme of Arrangement which provides for the utilization of the Share Premium Account standing to the credit in the Books of the Company as on March 31, 2008 and the creation and utilization of the Business Development Reserve Account as described in the Scheme. (a) The said Scheme of Arrangement does not entail issue of any shares or other consideration to any of its shareholders. (b) The Scheme will be, subject to requisite Consent and approvals as may be required. (3) Appointment of Mr. Sudhir Kapur as an Additional Director."16 Apr · Results
Electrotherm (India) Ltd. has informed the Exchange that "The Company has opted to submit / publish Audited Financial Results for the year ended on 31st March, 2009 within a period of three months i.e. by June 30, 2009 instead of submitting / publishing Unaudited financial results for the last quarter ended on 31st March, 2009".9 Apr · Board meeting
To consider the following business: (1) To review the proposed Scheme of Arrangement for demerger of the Engineering Business of the Company to Electrothem Engineering & Projects Limited. (2) To consider appointment of an Additional Director. (3) Any other business with the permission of the Chair.
Mar 2009
24 Mar · Meeting
Electrotherm (India) Ltd. has submitted to the Exchange a copy of Special Resolutions for alteration of Memorandum and Articles of Association of the Company, passed by members through postal ballot, the result of which was declared on March 20, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements) For more details click here.20 Mar · Results
Electrotherm (India) Ltd. has informed the Exchange that the members of the company have approved with requisite majority, through postal ballot process, the resolutions (as per attachment), the result of which was declared on March 20, 2009 by the Managing Director. The scrutinizer has received 200 postal ballot forms, out of which 7 forms were found invalid. The details of the said result shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Feb 2009
13 Feb · Disclosure
Electrotherm (India) Ltd. has submitted to the Exchange Regulation 8A(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.10 Feb · Meeting
Electrotherm (India) Ltd. has informed the Exchange that Pursuant to Section 192A of the Companies Act, 1956, company may propose any resolution to be passed through postal ballot in accordance with Companies (Passing of the Resolution by Postal Ballot) Rules, 2001 (the "Rules"), the Company is seeking the shareholder's consent for passing the following resolutions by way of Postal Ballot: (1) Special Resolution for Alteration of Object Clause of the Memorandum of Association of the Company. (2) Special Resolution for giving loans or extending guarantee or providing security in excess of the limit prescribed under sub-section (1) of Section 372A of the Companies Act. 1956. (3) Special Resolution for alteration of Articles of Association of the Company. (4) Special Resolution for appointment of Mrs. Jyoti M. Bhandari, a Relative of some of the Directors to hold office or place of profit. (5) Ordinary Resolution for Re-appointment of Mr. Mukesh B. Bhandari as Chairman & Chief Technology Officer. (6) Ordinary Resolution for Re-appointment of Mr. Shailesh B. Bhandari as Managing Director. (7) Ordinary Resolution for Re-appointment of Mr. Avinash P. Bhandari as Joint Managing Director & Chief Executive Officer. (8) Ordinary Resolution for Re-appointment of Mr. Narendra B. Dalal as Whole Time Director. The Board has appointed Mr. Bipin S. Acharya, Practising Company Secretary, as Scrutinizer for conducting the postal ballot process in a fair and transparent manner. Duly completed postal ballot form should reach the Scrutinizer on or before the close of working hours on March 14, 2009. The Scrutinizer will submit his report to the Chairman after completion of the Scrutiny and the result of the voting by Postal Ballot will be announced on March 20, 2009. The copy of the Postal Ballot Notice shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2009
31 Jan · Board meeting
Electrotherm (India) Ltd. has informed the Exchange regarding the outcome of Board Meeting held on January 31, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.20 Jan · Board meeting
To consider the following business: 1) To consider and take on record Unaudited Financial Results (Provisional) for the quarter ended December 31, 2008. 2) To consider the alteration of object clause (incidental or ancillary to the Main Object) of Memorandum of Association. 3) To consider giving loans or extending guarantee or providing security in excess of the limit prescribed under sub-section (1) of Section 372A. 4) To consider the alteration of Articles of Association. 5) To consider re-appointment of Mr. Mukesh Bhandari as Chairman & Chief Technology Officer. 6) To consider re-appointment of Mr. Shailesh Bhandari as Managing Director. 7) To consider Re-appointment of Mr. Avinash Bhandari as Joint Managing Director & Chief Operating Officer. 8) To consider Re-appointment of Mr. Narendra Dalal as Whole Time Director. 9) To consider the reduction of Preference Share Capital. 10) To consider the reduction of Securities Premium Account. 11) To approve the process of postal ballot and / or calling of Extra Ordinary General Meeting. 12) Any other business with the permission of the Chair.
Dec 2008
29 Dec · Business
Electrotherm (India) Ltd. has informed the Exchange that The Board of Directors of the Company at its meeting held on December 29, 2008 has: (1) Accepted the resignation of Mr. Siddharth Bhandari w.e.f. December 29, 2008. (2) Approved a Scheme of Arrangement for demerger of the Engineering Business of the Company into Electrotherm Engineering & Projects Limited, a wholly owned subsidiary of the Company and the share entitlement ratios. (3) Based on the Recommendation Report submitted by SSPA & Co., Chartered Accountants, Mumbai, the Board decided the ratio of 1 equity shares in Electrotherm Engineering & Projects Limited for every 3 equity shares held in the Company, as a consideration for the demerger of the Engineering Business. (4) The Scheme will be subject to requisite consent and approval as may be required. (5) The Board accepted the appointment of Singhi & Co., Advocates, Solicitor & Notary, Ahmedabad as the legal advisor. Further KPMG India Pvt. Ltd. has been appointed as the advisors to this restructuring.29 Dec · Board meeting
To consider and approve the Scheme of Arrangement of the Company and any other business with the permission of the Chair.