SHANTHI GEARS LTD.

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.

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.