INDO SMC Ltd

INDO SMC Ltd has announced an Extra Ordinary General Meeting (EGM) to be held on July 6, 2026, via video conference. The key agenda items include the appointment of Mr. Arpankumar Patel as an Independent Director for a five-year term and the appointment of M/s. Sunil Mulchandani & Associates as Secretarial Auditors for five years. The meeting will also transact other special business. The cut-off date for e-voting eligibility is June 29, 2026, with remote e-voting available from July 3 to July 5, 2026.

INDO SMC Ltd participated in a virtual analyst/investor meeting with Valcore Capital Advisors on June 4th, 2026. The meeting, held from 4:00 PM to 5:15 PM, was a group interaction. The company explicitly stated that no Unpublished Price Sensitive Information (UPSI) was shared during this engagement. This disclosure is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Indo SMC Limited reported strong FY26 results driven by capacity expansion and robust demand. Revenue more than doubled to ₹309.7 Cr, and net profit rose 92% YoY to ₹32.4 Cr. The CT PT Products segment emerged as the largest contributor with revenue of ₹222.0 Cr. The company reported healthy cash and cash equivalents of ₹53.6 Cr as of March 31, 2026. Management is confident of sustaining growth momentum.

INDO SMC Ltd has announced its audited standalone financial results for the half year and year ended March 31, 2026. The Board of Directors approved the results in a meeting held on May 19, 2026. Additionally, the board approved the appointment of M/s. Sunil Mulchandani & Associates as the Secretarial Auditor for five consecutive financial years, commencing from F.Y. 2025-26, subject to shareholder approval. The meeting commenced at 5:30 P.M. and concluded at 7:00 P.M.

INDO SMC Ltd. has appointed M/s. Sunil Mulchandani & Associates as the Secretarial Auditor for a term of five consecutive financial years, commencing from F.Y. 2025-26 until F.Y. 2029-30. The appointment was approved by the Board of Directors on May 19, 2026, and is subject to shareholder approval at the upcoming Annual General Meeting. Sunil A. Mulchandani, the proprietor, has over 11 years of experience and is a member of the Institute of Company Secretaries of India.

INDO SMC Ltd's Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026. They also approved the appointment of M/s. Sunil Mulchandani & Associates as Secretarial Auditor for five consecutive financial years, commencing from F.Y. 2025-26 until F.Y. 2029-30, subject to shareholder approval. The board meeting was held on May 19, 2026, from 5:30 P.M. to 7:00 P.M.

INDO SMC Ltd has filed a statement of deviation and variation for the half year/year ended March 31, 2026, as per Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. A. N. RUPAREL & CO., Chartered Accountants, have reviewed the utilization of proceeds from the public issue based on the prospectus dated January 19, 2026, and information provided by the company's management. The review included verification of documents, bank statements, and confirmations regarding the utilization of IPO proceeds.

INDO SMC Limited has secured a purchase order worth ₹900 Lacs for the supply of bus bar distribution panel boxes. The order comes from a prominent Indian engineering and manufacturing company specializing in heavy industrial machinery, including elevators, escalators, and pumping systems based in Ahmedabad. The order is to be executed within one month.

Crisil Ratings Limited, the monitoring agency for INDO SMC's IPO, has issued a qualified report for the quarter ended March 31, 2026, citing non-cooperation from the issuer. INDO SMC failed to provide necessary information and documents regarding the utilization of funds raised through the IPO, hindering Crisil's ability to monitor the use of proceeds. Stakeholders are advised to exercise caution when relying on this report, which carries an 'ISSUER NOT COOPERATING' status.

INDO SMC Ltd has scheduled a Board of Directors meeting on May 19, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The meeting will be held at the company's registered office in Ahmedabad. The trading window for dealing in the company's shares will remain closed for designated persons and insiders until 48 hours after the declaration of the financial results.