
Board Meeting11 Aug 2026, 03:39 pm
Austin Engineering Declares Unaudited Q1 FY27 Results, Approves Acquisition
AI Summary
Austin Engineering Company Ltd announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The Board of Directors, in their meeting held on August 11, 2026, also approved the proposed acquisition of a minority equity stake (15% to 20%) in a foreign private limited company. Full details of the acquisition will be disclosed upon finalization of definitive agreements. The company also took on record the limited review report from statutory auditors J.C. Ranpura & Co.
Key Highlights
- Unaudited standalone and consolidated results for Q1 FY27 declared.
- Board approved acquisition of 15-20% stake in a foreign company.
- Limited review report from statutory auditors taken on record.
- Board meeting held on August 11, 2026.
Price Impact
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