Shanti Gold International Ltd

Shanti Gold International Ltd has submitted its Monitoring Agency Report for Q1 FY 2026-27, detailing the utilization of its Initial Public Offer (IPO) proceeds. The report, issued by Acuité Ratings & Research Limited, confirms no deviation from the stated objects of the issue. The utilization of funds is in line with the offer document disclosures. The Audit Committee reviewed the statement on August 13, 2026. While utilization is noted as delayed, no material deviations or changes in the means of finance were observed. No government approvals were required for the objects, and no favorable or unfavorable events significantly impacting viability were identified.

Shanti Gold International Ltd reported a robust Q1 FY27 performance with Revenue from Operations soaring by 144.7% year-on-year to ₹716.4 crore. EBITDA grew 39.0% to ₹71.5 crore, and Profit After Tax (PAT) increased by 46.9% to ₹50.5 crore. The company attributed this growth to higher volumes (up 61.6% YoY), new designs, and market expansion. Operational highlights include the successful completion of a capacity expansion project at their new Marol facility, adding 4,000 kgs per annum. Additionally, the Board approved a Rights Issue of up to ₹99.83 crore to fund growth initiatives.

Shanti Gold International Limited announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved these results at a meeting held on August 13, 2026. The company also took on record the Limited Review Reports issued by its statutory auditor, J. Kala & Associates. The financial results were prepared in accordance with Indian Accounting Standard 34 and other generally accepted accounting principles.

Shanti Gold International Limited announced that its Board of Directors, in a meeting held on August 13, 2026, has approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The Board also took on record the Limited Review Reports issued by the statutory auditors, J. Kala & Associates. The meeting commenced at 3:45 p.m. IST and concluded at 4:30 p.m. IST. The company has uploaded this intimation on its website.

Shanti Gold International Ltd has announced that its Board of Directors will convene on August 13, 2026. The primary agenda item is to consider and approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026, along with the limited review report. The company also confirmed the closure of its trading window from June 25, 2026, until 48 hours after the financial results announcement, in compliance with SEBI regulations on insider trading. This information is also available on the company's website.

Shanti Gold International Ltd has announced a Rights Issue of 46,43,471 fully paid-up Equity Shares at a price of ₹215 per share, aggregating up to ₹99.83 crore. The issue is on a rights basis to eligible equity shareholders in the ratio of 19 shares for every 295 shares held as of the record date, August 6, 2026. The Board of Directors approved the Letter of Offer on July 31, 2026, and it is being submitted to SEBI for information. The company was originally a partnership firm established in 2003 and converted to a public limited company in 2013.

Shanti Gold International Ltd has announced that its Board of Directors has fixed Thursday, August 06, 2026, as the record date for its upcoming Rights Issue. This date will determine which shareholders are eligible to apply for the new equity shares. The company has made arrangements with NSDL and CDSL to credit the Rights Entitlements in dematerialized form to eligible shareholders' accounts prior to the issue opening. The ISIN for the Rights Entitlements is INE06ZD20017. This announcement aligns with SEBI regulations for capital issuance.

Shanti Gold International Ltd's Board of Directors, in a meeting held on July 31, 2026, approved the terms for a Rights Issue. Following in-principle approvals from NSE and BSE, the company will issue 46,43,471 fully paid-up Equity Shares of face value ₹10 each at an issue price of ₹215 per share. The total issue size is estimated at ₹99,83,46,265, assuming full subscription. The payment will be in full on application. The record date for determining eligible shareholders is August 06, 2026. The Rights Issue opens on August 14, 2026, and closes on August 21, 2026, with provisions for renunciation and potential extension of the issue period.

Shanti Gold International Ltd announced that its Board of Directors, in a meeting held on July 31, 2026, approved the re-appointment of M/s. Ankit Mundra & Associates as the company's Internal Auditors for the Financial Year 2026-27. The firm, holding registration number 025271C, is a Chartered Accountant firm known for its assurance, taxation, and advisory services. This re-appointment is in compliance with the Companies Act, 2013. The Board meeting took place from 12:30 p.m. to 01:30 p.m. IST. The company will also upload this intimation on its website.

Shanti Gold International Ltd's Board of Directors has approved the terms for a Rights Issue. The company plans to issue 46,43,471 fully paid-up Equity Shares of face value ₹10 each at an issue price of ₹215 per share. The total issue size is estimated at ₹99,83,46,265, assuming full subscription. The record date for determining eligible shareholders is August 06, 2026. The Rights Issue will open on August 14, 2026, and close on August 21, 2026. Eligible shareholders will receive 19 Rights Equity Shares for every 295 Equity Shares held. The company has received in-principle approval from NSE and BSE.