Merritronix Ltd

Merritronix Ltd announced the resignation of Mr. Ramalakshmana Rao Pavuluri as an Independent Director, effective October 6, 2026. The resignation is due to personal and professional commitments. Consequently, he will also cease to be the Chairman/Member of the Audit Committee and Nomination and Remuneration Committee. The company confirmed it will continue to comply with the minimum independent director requirement under the Companies Act, 2013.

Merritronix Ltd announced the resignation of Mr. Ramalakshmana Rao Pavuluri as an Independent Director, effective October 6, 2026. The resignation is attributed to personal and professional commitments. Consequently, he will also step down from his roles as Chairman/Member of the Audit Committee and Nomination and Remuneration Committee. The company confirmed that it will continue to comply with the Companies Act, 2013 requirement for independent directors. Mr. Pavuluri confirmed no other material reasons for his resignation.

Merritronix Ltd has announced the closure of its trading window for all designated persons and their immediate relatives. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will remain shut from October 1st, 2026, until 48 hours after the declaration of the un-audited financial results for the half-year ended September 30th, 2026. The specific date for the board meeting to consider these financial results will be communicated separately.

Merritronix Ltd has officially submitted its Annual Report for the Financial Year 2025-26, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report details the company's commitment to strengthening India's strategic manufacturing ecosystem through advanced electronics engineering and manufacturing. Merritronix focuses on high-reliability electronic systems for defence, aerospace, and specialized industrial applications. The company highlights its integrated ESDM platform, precision manufacturing, and technology-driven execution as key strengths. The report also includes forward-looking statements, acknowledging potential risks and uncertainties, and states no obligation to update them. It covers corporate overview, statutory reports, financial statements, management discussion, and auditor's report, among other sections.

Merritronix Limited's Board of Directors convened on September 3, 2026, approving key appointments and corporate actions. M/s. L A and Associates were appointed as Secretarial Auditors for five years, and M/s. Agarwal & Ladda as Internal Auditors for FY 2026-27. The 38th Annual General Meeting is scheduled for September 30, 2026. The board also approved a working capital loan facility of up to ₹3 Cr from CSB Bank and ₹4 Cr from SIDBI. Additionally, a strategic alliance MoU with Technid Solutions and Krisemi Design Technologies was approved, along with the revision of the Managing Director's remuneration and the obtaining of a Directors & Officers Insurance Policy.

Merritronix Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, detailing the utilization of funds raised through its Initial Public Offer (IPO). The report, prepared by Brickwork Ratings (BWR), confirms no deviation from the IPO's stated objects. The IPO raised ₹70.03 Crore through a Fresh Issue of Equity Shares. The report has been reviewed by the company's Audit Committee and is being made available on the company's website as per regulatory requirements.

Merritronix Ltd has announced the appointment of EquiBridgeX Advisors Private Limited as its Investor and Public Relations Agency. This appointment is effective from July 01, 2026. EquiBridgeX Advisors will provide advisory services related to investor and public relations. The company has informed the stock exchange about this development as per SEBI (LODR) Regulations, 2015.

Merritronix Ltd has entered into Memorandums of Understanding (MoUs) with Analinear Design Technologies Pvt Ltd and Stuam Technologies Limited. These agreements designate Merritronix as a preferred manufacturing partner in India for Analinear's designs, including PCB assemblies, prototype builds, and production runs. Similarly, Stuam Technologies appoints Merritronix as its contract manufacturer for its full range of current and future products. The company has confirmed that these parties are not related to its promoters or group companies, and the transactions are not related party transactions. The MoUs focus on providing manufacturing services, with no specified size or shareholding implications.