Maruti Interior Products Ltd

Maruti Interior Products Ltd has announced the closure of its trading window for all directors, promoters, designated persons, and connected individuals. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will be shut from July 1, 2026, and will reopen 48 hours after the declaration of the financial results for the quarter ending June 30, 2026. This measure is standard practice to prevent potential insider trading during periods when sensitive financial information is being finalized.

Maruti Interior Products Ltd announced the allotment of 60,000 equity shares of face value Rs. 10/- each to employees under the ESOP 2023 plan. The board approved this allotment on June 26, 2026. These shares were issued upon the exercise of stock options, with an exercise price of Rs. 10/- per share, realizing Rs. 6,00,000/- for the company. The total number of shares covered under the ESOP 2023 scheme is 5,00,000, with 60,000 shares being allotted in this instance. Adjustments were made to vested options due to a prior rights issue, increasing them from 15,000 to 60,000 to maintain employee value.

Maruti Interior Products Ltd. has provided a clarification regarding the delay in submitting its audited financial results for the financial year ended March 31, 2026. The delay is attributed to the pending finalization of accounts by its foreign subsidiary, which are necessary for consolidated financial statements. The company has stated that its standalone financial statements are finalized, but the consolidated results require the audited financials from the subsidiary. Efforts are being made to expedite the subsidiary's audit. The company assures compliance and has submitted the results promptly upon receiving the subsidiary's finalized accounts.

Maruti Interior Products Limited's Board of Directors met on June 11, 2026, to adopt the audited standalone and consolidated financial results for the half-year and year ended March 31, 2026. The company received an unmodified audit opinion. Key events during the period included a Rights Issue of 4,53,00,000 equity shares, finalized on April 7, 2026, which increased paid-up share capital. Additionally, the company acquired 100% equity in Singapore-based FIA & DL Holdings Pte. Ltd. on March 24, 2026, and subsequently acquired the remaining 70% stake in Arowin Metaltech (India) Private Limited in April 2026, making it a wholly-owned subsidiary. Expenses related to the Rights Issue were classified as 'Other Current Assets'.

Maruti Interior Products Ltd has postponed its board meeting, originally scheduled for May 30, 2026, to June 11, 2026. The meeting's agenda, which includes considering and approving the audited financial results for the quarter and financial year ended March 31, 2026, has been delayed due to the non-finalization of accounts of the company's foreign subsidiary. The trading window will remain closed until 48 hours after the financial results are declared.

Maruti Interior Products Ltd has scheduled a Board of Directors meeting on May 30, 2026, to consider and approve the standalone and consolidated audited financial results for the half year/year ended March 31, 2026. The company has also announced the closure of the trading window for insiders, which will reopen 48 hours after the financial results are announced.

Maruti Interior Products Ltd has approved the allotment of 4,53,00,000 Rights Equity Shares at an issue price of ₹10/- per share including a share premium of NIL. The Rights Issue Committee Meeting was held on April 07, 2026, and the allotment was made in accordance with the Basis of Allotment finalized in consultation with BSE Limited and the Registrar to the Issue. The Paid-up Equity Share Capital of the Company stands modified at ₹60,40,00,000 post the Rights Issue.

Maruti Interior Products Ltd has announced the closure of the trading window for all Directors, Promoters, designated persons, and specified connected persons under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulation, 2015. The closure is in effect from 1st April, 2026 till 48 hours after the declaration of financial results for the half year / year ended on 31st March, 2026. This decision comes in accordance with the Company's Code of Conduct for regulating, monitoring, and reporting of trading by insiders and the clarification given by BSE.

Maruti Interior Products Ltd, in compliance with the Companies Act, 2013 and SEBI regulations, held a separate Board Meeting of Independent Directors on 30th March, 2026. The meeting, held at the company's registered office, discussed the performance of Non-Independent Directors, the Board as a whole, and the Chairperson. The quality, quantity, and timeliness of information flow between the company management and the Board were also assessed. The meeting concluded at 06:30 P.M.

Maruti Interior Products Ltd has completed the acquisition of HA & DL Holdings Pte. Ltd, a company engaged in the production and export of stainless steel and recycled metal products. The acquisition, which does not fall under related party transactions, was made for a cash consideration of $2011000, representing 100% shareholding. Vina Metal Recycling Co. Limited, a wholly owned subsidiary of HA & DL Holdings Pte. Ltd, holds a BIS license for exporting stainless steel products to India, which is expected to significantly contribute to Maruti Interior Products Ltd's topline and bottomline.