Quarterly Result6 Nov 2026, 07:52 pm
Pradeep Metals Q2 FY27 Results & New Defence Unit Update
AI Summary
Pradeep Metals Limited announced its unaudited financial results for the Quarter and Half-Year ended September 30, 2026. The company also provided an update on its new defence manufacturing facility at Butibori, Nagpur, which involves an estimated investment of ₹25,000 Lakhs (₹250 Crore), with an advance of ₹7,420.13 Lakhs (₹74.20 Crore) made as of September 30, 2026. The Board of Directors approved the financial results and limited review reports. The filing also noted the sanction of the Scheme of Amalgamation of Nami Capital Private Limited with Pradeep Metals Limited by the NCLT, with an appointed date of October 1, 2026.
Key Highlights
- Board approved Q2 FY27 unaudited financial results.
- New defence manufacturing unit at Butibori, Nagpur is under development.
- Scheme of Amalgamation sanctioned by NCLT with an October 1, 2026 appointed date.
- Company reported financial performance for the quarter and half-year ended September 30, 2026.
Price Impact
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