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Auto Components & Equipments
Board Meeting6 Aug 2026, 02:33 pm

S.J.S. Enterprises Approves Q1 FY27 Financial Results and Acquisitions

AI Summary

S.J.S. Enterprises Limited's Board of Directors met on August 6, 2026, to approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also approved the acquisition of the remaining equity shares in Walter Pack Automotive Products India Private Limited, which will make it a wholly-owned subsidiary. Additionally, the company will incorporate a new wholly-owned subsidiary with an investment of up to ₹10 crore and approved the shifting of its registered office from Karnataka to Maharashtra, subject to member and regulatory approvals.

Key Highlights

  • Approved unaudited financial results for Q1 FY27.
  • To acquire remaining stake in Walter Pack Automotive Products India.
  • To incorporate a new wholly-owned subsidiary with ₹10 crore investment.
  • Registered office to shift from Karnataka to Maharashtra.
  • Board meeting held on August 6, 2026.