StockWatch
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Industrial Products
Quarterly Result13 Nov 2026, 10:21 pm

INDO-MIM Ltd: Un-audited Financial Results & ₹97,500 Solar Investment

AI Summary

INDO-MIM Ltd announced its un-audited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The Board of Directors also approved an investment of up to ₹97,500 in Meena Solar Power Park Private Limited, acquiring a 6.5% stake. This investment is part of a Group Captive Scheme for purchasing electricity, with further agreements (Power Purchase and Share Purchase) to be executed. The company will provide updates upon agreement finalization. The financial results include the statement of assets and liabilities, cash flow statement, and a limited review report from the statutory auditors.

Key Highlights

  • Company declared un-audited financial results for Q2 and H1 FY27.
  • Board approved investment of ₹97,500 in Meena Solar Power Park.
  • Acquisition represents a 6.5% stake in the target company.
  • Investment is for electricity purchase under a Group Captive Scheme.
  • Limited Review Report from auditors is included with the results.