Nitin Castings Ltd

Nitin Castings Ltd has filed its 43rd Annual Report for the financial year 2025-2026, as per SEBI regulations. The report has been disseminated to shareholders electronically and is also available on the company's website. The report includes the audited financial statements, director's report, CSR activities, corporate governance report, and auditor's reports. The 43rd Annual General Meeting (AGM) is scheduled for September 21, 2026, to approve the audited financial statements for the year ended March 31, 2026, and to re-appoint Mr. Nitin Kedia as Managing Director.

Nitin Castings Ltd has announced its 43rd Annual General Meeting (AGM) will be held on Monday, September 21, 2026, at 12:00 PM IST via Video Conference/Other Audio Visual Means (VC/OAVM). The agenda includes the approval of the audited standalone financial statements for the fiscal year ended March 31, 2026, and the re-appointment of Mr. Nitin Kedia as Managing Director. Additionally, the meeting will seek ratification/approval for transactions with related parties, as detailed in the explanatory statement.

Nitin Castings Ltd announced the appointment of M/s. NKJ & Associates as the Cost Auditor for the Financial Year 2026-2027. The decision was made during the Board of Directors meeting held on August 14, 2026. M/s. NKJ & Associates brings extensive experience, with over 20 years in industrial capacities and 13 years as a practicing Cost Accountant. The company has provided detailed disclosures regarding this appointment as per SEBI (LODR) Regulations, 2015.

Nitin Castings Limited announced its un-audited financial results for the quarter ended June 30, 2026, following a Board of Directors meeting held on August 14, 2026. The board also approved the draft Directors' Report, Management Discussion and Analysis Report, Corporate Governance Report, and Annual Financial Statement for FY 2025-26. Additionally, M/s. NKJ & Associates was appointed as the Cost Auditor for FY 2026-2027.

Nitin Castings Limited announced that its Board of Directors, in a meeting held on August 14, 2026, approved the un-audited financial results for the quarter ended June 30, 2026. The board also approved the draft Directors' Report, Management Discussion and Analysis Report, Corporate Governance Report, and Annual Financial Statement for FY 2025-26. Additionally, M/s. NKJ & Associates was appointed as the Cost Auditor for FY 2026-2027. The company also provided disclosures as per SEBI regulations.

Nitin Castings Limited announced the failure of its voluntary delisting offer. The reverse book building process, which concluded on August 11, 2026, did not meet the required conditions for delisting. A Post Offer Public Announcement confirming the failure was published on August 13, 2026, in The Financial Express, Jansatta, and Pratahkal newspapers. The delisting was initiated by promoters Mr. Nirmal B. Kedia, Mr. Nitin S. Kedia, and Citrus Castings Private Limited.

Nitin Castings Ltd's voluntary delisting offer has failed. The offer, which opened on August 5, 2026, and closed on August 11, 2026, did not receive sufficient valid bids. A total of 9,08,978 equity shares were tendered by public shareholders within the price range of ₹273.36 to ₹1,299.00. The discovered price was ₹300 per equity share. The Acquirers, including Mr. Nirmal B. Kedia, Mr. Nitin S. Kedia, and Citrus Castings Private Limited, have issued a Post Offer Public Announcement confirming the failure of the delisting process as per SEBI Delisting Regulations.

Nitin Castings Limited's voluntary delisting offer has been deemed successful as the post-offer shareholding of the acquirers and promoter group exceeded the 90% threshold, reaching 90.73%. The reverse book building process, which ran from August 5 to August 11, 2026, saw a discovered price of ₹300.00 per equity share. A total of 753,984 equity shares were successfully bid for within the price range of ₹273.36 to ₹300.00. The company's total issued shares are 51,41,330. The success hinges on the acquirers accepting the discovered price. If accepted, payments will be made according to SEBI regulations, and liens on unaccepted shares will be released.

Nitin Castings Limited announced the outcome of its voluntary delisting offer. The reverse book building process, which ran from August 5 to August 11, 2026, saw a discovered price of ₹300.00 per equity share. With 7,53,984 shares successfully bid at or below the discovered price, and post-delisting promoter shareholding reaching 90.73%, the delisting offer is deemed successful as per SEBI regulations, provided the acquirers accept the discovered price. Payment to successful bidders will follow SEBI guidelines.

Nitin Castings Ltd has scheduled a Board of Directors meeting for August 14, 2026. The agenda includes the approval of standalone un-audited financial results for the quarter ended June 30, 2026, along with a limited review report. Additionally, the board will consider the appointment of M/s. NKJ & Associates as Cost Auditor for FY 2026-27 and finalize audit fees. The trading window for securities remains closed from July 1, 2026, until 48 hours after the financial results declaration.