SHANTHI GEARS LTD.

Shanthi Gears Ltd announced the appointment of Mr. Sukanta Kumar Panigrahi as the Interim Chief Financial Officer (CFO) with immediate effect. This follows the inability of the previously appointed CFO, Mr. Sudhir R, to join the company due to personal reasons. Mr. Panigrahi, a qualified Chartered Accountant and Company Secretary with 18 years of experience in finance and related fields, will hold the position until a regular CFO is identified and takes charge. The company also authorized Mr. M Karunakaran (Whole time Director & CEO) and Mr. Walter Vasanth P J (Company Secretary & Compliance Officer) for determining materiality of events and making disclosures to stock exchanges.

Shanthi Gears Ltd has resubmitted its 53rd Annual Report for the Financial Year 2025-26, following an inadvertent omission of a portion of the Notes to Financial Statements in the initial filing. The revised report is now available on the company's website. The report highlights a challenging demand environment in the first half of FY26, impacting revenue and profitability, but notes a strong recovery in order inflows during the second half, culminating in record bookings in Q4. The company emphasizes its strong fundamentals, disciplined cost management, operational efficiency, and significant investment in plant and machinery to enhance capacity and competitiveness. Shanthi Gears is strategically positioned to capitalize on India's manufacturing transformation.

Shanthi Gears Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, ending March 31, 2026. The report, filed as per SEBI regulations, details the company's operations, products, employees, and sustainability initiatives. The company's primary business activity is the design and manufacture of gears, gearboxes, geared motors, and gear assemblies, along with refurbishing and repairing services, accounting for 100% of its turnover. The reporting is on a standalone basis, covering all manufacturing units in India. Shanthi Gears serves a diverse B2B customer base across numerous industries, with exports contributing 13% to its total turnover. The report also provides employee statistics, detailing permanent and other than permanent employees and workers, with a focus on gender distribution and a specific section for differently-abled individuals, though no differently-abled personnel were reported in these categories for FY26.

Shanthi Gears Ltd has published its 53rd Annual Report for the Financial Year 2025-26, as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report details the company's performance, strategic initiatives, and future outlook. Despite a challenging demand environment in the first half, the company focused on operational excellence and customer relationships. Order inflows gained significant momentum in the second half, culminating in record bookings in Q4. Shanthi Gears highlights its strong position to capitalize on India's manufacturing transformation, driven by investments in technology, process excellence, digital manufacturing, and talent development. A significant investment in plant and machinery was made to enhance capacity and productivity. The report includes forward-looking statements regarding future performance.

Shanthi Gears Ltd has announced its 53rd Annual General Meeting (AGM) for the financial year 2025-26. The meeting is scheduled to be held on Wednesday, July 29, 2026, at 4:30 PM IST, through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). Key agenda items include the adoption of financial statements, declaration of a total dividend of ₹5 per share (including a final dividend of ₹2 and interim dividend of ₹3), and the re-appointment of Mr. Mukesh Ahuja as a Director. Additionally, the AGM will consider a special resolution for the commission payable to Non-Executive Directors for the financial years 2025-26 to 2029-30, not exceeding one percent of net profits.

Shanthi Gears Ltd has announced the closure of its trading window for directors and designated persons, including their immediate relatives. This closure is in accordance with the company's code of conduct for insider trading and fair disclosure. The window will be shut from July 1, 2026, until 48 hours after the board meeting where the unaudited standalone financial results for the quarter ending June 30, 2026, will be approved. The exact date of the board meeting will be communicated separately.

Shanthi Gears Ltd has clarified the effective date for the appointment of its Chief Financial Officer, Mr. Sudhir R. The appointment was made on June 4th, 2026, effective from his date of joining. The company stated that the exact effective date will be intimated upon the CFO's joining.

Shanthi Gears Ltd announced the appointment of Mr. Sudhir R as the new Chief Financial Officer (CFO) of the company, effective June 4, 2026. The decision was made during a Board of Directors meeting, following recommendations from the Nomination and Remuneration Committee and approval from the Audit Committee. Mr. Sudhir R brings over two decades of experience in finance, treasury, business transformation, M&A, and operational leadership across various sectors. He is a qualified Chartered Accountant and previously served as CFO of Revathi Equipment Limited. The company also updated its list of authorized Key Managerial Persons for disclosures.

Shanthi Gears Ltd has announced the record date for determining shareholders' eligibility for the final dividend. The record date is set for July 17, 2026, contingent upon shareholder approval at the 53rd Annual General Meeting scheduled for July 29, 2026. This information follows the company's earlier intimation on May 5, 2026.

Shanthi Gears Ltd. announces the retirement of Mr. L Ramkumar as Non-Executive Independent Director, effective May 6, 2026, and the appointment of Mr. K Ilango as an Additional and Independent Director for a 5-year term, from May 5, 2026, to May 4, 2031, subject to shareholder approval. The board also approved the audited financial results for FY26, recommended a final dividend of ₹2 per share, and scheduled the 53rd AGM for July 29, 2026.