
Quarterly Result6 Nov 2026, 04:14 pm
Fractal Industries Approves Half Yearly Results, Loan to Subsidiary
AI Summary
Fractal Industries Ltd announced its unaudited standalone financial results for the half-year ended September 30, 2026. The Board of Directors also approved a loan of up to ₹2,00,00,000 (₹2 Crore) to its subsidiary, Nested Brands Private Limited, for the Financial Year 2026-27. Additionally, the company is in the process of incorporating a new subsidiary in Dubai, named 4P Global (Proposed), with an initial share capital of 100,000 AED. This subsidiary will focus on the import/export and trading of scrap, metal, plastic materials, and textiles. The acquisition of 98% shareholding in 4P Global is expected to be completed within 60 days via cash subscription.
Key Highlights
- Approved unaudited financial results for H1 FY27.
- Sanctioned a loan of up to ₹2 Crore to subsidiary Nested Brands.
- Incorporating a new subsidiary, 4P Global, in Dubai.
- Subsidiary will engage in import/export of scrap and textiles.
- Acquisition of 98% stake in 4P Global expected within 60 days.
Price Impact
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