SHANTHI GEARS LTD.

Shanthi Gears Ltd has announced that its Board of Directors will convene on October 26, 2026. The primary agenda item is to consider and approve the Unaudited Standalone Financial Results for the quarter and half-year ended September 30, 2026. Additionally, the company has stated that the trading window for designated persons will remain closed until 48 hours after the declaration of these financial results, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Shanthi Gears Ltd has announced the closure of its trading window for directors and designated persons, including their immediate relatives. This closure is effective from October 1, 2026, and will remain in effect until 48 hours after the declaration of the unaudited standalone financial results for the quarter and half-year ending September 30, 2026. The board meeting to approve these results will be scheduled and intimated in due course. This measure is in line with the company's Code of Conduct for Trading by Designated Persons and Fair Disclosure Practices.

Shanthi Gears Ltd announced that Mr. Malliraj S will be stepping down as the Head of Strategic Sourcing and SMP for the company. This change is effective from the closing hours of today. The company had previously intimated about this development on July 29th, 2026. This is a significant management change within the company's sourcing division.

Shanthi Gears Ltd announced significant management changes following a Board of Directors meeting on September 3rd, 2026. Mr. Sai Krishna Alluri has been appointed as the new Chief Financial Officer, with immediate effect, replacing the interim CFO, Mr. Sukanta Kumar Panigrahi. Additionally, Ms. Helena Susan has been appointed as the Head of Human Resources and designated as Senior Management Personnel, succeeding Mr. Victor Dharmaraj who will transition to new roles. The company also updated its list of Key Managerial Persons authorized for stock exchange disclosures.

Shanthi Gears Ltd has responded to a BSE query regarding its stock's price movement. The company confirmed that it is always prompt in complying with SEBI Listing Regulations for disclosing price-sensitive information. They explicitly stated that there is no information or announcement pending disclosure that could impact the security's price or volume behavior. Shanthi Gears reiterated its commitment to timely compliance with SEBI regulations.

Tube Investments of India Limited has disclosed its acquisition of 2,064,713 equity shares in Shanthi Gears Limited, representing 2.69% of the total share capital. This transaction, executed through a market purchase via a block deal on August 21, 2026, increases Tube Investments' total holding in Shanthi Gears to 73.16%. The acquisition was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total equity share capital of Shanthi Gears remains unchanged at 7,67,15,853 shares post-acquisition.

Shanthi Gears Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a Profit Before Tax of ₹10.17 Crores and Profit After Tax of ₹9.85 Crores. Total income for the quarter stood at ₹119.65 Crores. Additionally, the Board of Directors accepted the resignation of Mr. Malliraj S, Head – Strategic Sourcing, effective September 15, 2026, due to personal reasons. The company also published its financial results in local newspapers as per SEBI regulations.

Shanthi Gears opened FY27 with a sharp, fully operating downturn: standalone revenue fell 14.4% YoY to ₹115.49 Cr (from ₹134.89 Cr) and 14.5% sequentially (from ₹135.10 Cr), while PAT more than halved to ₹9.85 Cr — down 56.6% YoY (₹22.69 Cr) and 39.5% QoQ (₹16.27 Cr). Unlike the March quarter, there were no exceptional items this period, and the year-ago base was also clean, so the profit collapse is entirely underlying, not an accounting artefact. The damage is concentrated in margins. Net profit margin compressed to 8.5% from 16.4% a year ago (and 11.5% last quarter), PBT margin fell to 12.3% from 22.7%, and operating margin dropped to roughly 13% versus 22.6% YoY. With materials and employee costs largely sticky against a lower topline, operating deleverage did most of the work — total expenses (₹105.48 Cr) fell far less than revenue, so the entire volume decline flowed to the bottom line. The print was a clear miss: Univest/Uniresearch had modelled revenue ~₹131 Cr (−2.9% YoY) and PAT ~₹24 Cr (+4.5% YoY) — the actual ₹115.5 Cr / ₹9.85 Cr undershot both by a wide margin. Management offers no formal guidance; its own framing centred on the four priorities of revenue, profitability, ROIC and free cash flow, reporting 17% ROIC and ₹16.2 Cr FCF for the quarter, and an unexecuted order book of ₹378 Cr as on 30 June 2026 — the one forward anchor for a topline recovery. The result also lands amid management churn: an interim CFO is in place after the incoming CFO's joining was delayed, and the Head — Strategic Sourcing has resigned effective 15 September 2026.

Shanthi Gears Ltd has announced that its Board of Directors meeting is scheduled for July 29, 2026. The primary agenda item is to consider and approve the unaudited standalone financial results for the quarter ended June 30, 2026. Additionally, the company stated that the trading window for designated persons will remain closed until 48 hours after the declaration of these financial results, in compliance with SEBI regulations.

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.