SIMPLEX CASTINGS LTD.

Simplex Castings Limited has entered into a 25-year Power Purchase Agreement (PPA) with Natraj Energy for a 5.5 MWp captive solar power project in Chhattisgarh. This agreement will supply renewable electricity to Simplex Castings' manufacturing facilities, leading to estimated annual energy cost savings of approximately ₹2.16 Crores. The company will save close to ₹6 per unit compared to the previous ₹9 per unit from the conventional grid. The arrangement is structured to be cash-neutral for Simplex Castings, with Natraj Energy managing the project development, operations, and maintenance.

Simplex Castings Ltd announced the resignation of Mr. Shailesh Jain, an Independent Director, effective June 5, 2026. He is also stepping down from the Audit Committee, Nomination & Remuneration Committee, and Stakeholder Relationship Committee due to other professional obligations. The company expressed appreciation for his contributions.

Simplex Castings Ltd has authorized key managerial personnel (KMP) to determine the materiality of events and information for disclosure to stock exchanges, as per Regulation 30(5) of SEBI Listing Regulations, 2015. This follows the resignation of Ms. Sakshi Jain, Company Secretary. The authorized KMPs include Sangeeta K Shah (Managing Director), Ketan Moolchand Shah (Whole Time Director), Avinash Hariharno (Additional and Whole Time Director), and Rajesh Kumar Acharya (Chief Financial Officer).

Simplex Castings Limited announced landmark results for Q4 and the year ended March 31st, 2026. For FY26, Revenue from Operations grew 18.05% YoY to ₹20,290.29 Lakhs, while Profit After Tax (PAT) climbed 40.50% YoY to ₹2,125.91 Lakhs. EBITDA also saw a strong 20.28% YoY growth, reaching ₹3,738.84 Lakhs, with margins expanding to 18.43%. The company significantly reduced its long-term borrowings by 47.96% and short-term borrowings. Key strategic achievements include receiving RDSO approval for the railway wagon segment, marking a re-entry into this sector, and securing important orders from major customers like ThyssenKrupp, BHEL, and SMS India. Management aims to achieve ₹500 Crores in revenue by FY28.

Simplex Castings Limited confirmed no deviation or variation in the utilization of funds raised through its Preferential Issue for the quarter ended March 31, 2026. Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company reported that the ₹20.75 crore raised on March 28, 2026, and ₹0.25 crore raised on March 31, 2026, totaling ₹21.00 crore, were utilized as per the objects stated in the EGM Notice. The funds were primarily intended for working capital requirements and to cater to Railway Bogies and long-term Power Sector Fabrication Work. The Audit Committee reviewed the statement and found no deviation or variation. The company noted that the funds raised have not been fully utilized for the stated purposes as of the quarter end.

The Board of Directors of 513472 met on May 28, 2026, approving several key decisions. These include the audited financial results for Q4 and FY26, with revenue from operations of ₹5,476.28 lakhs for the quarter and ₹20,290.29 lakhs for the full year. The board also approved a 1:5 equity share split, changing face value from ₹10 to ₹2, subject to shareholder approval. Other significant approvals include the reappointment of M/s Sashi Ranjan & Co. as Cost Auditor for FY2026-27, and several management changes: Mr. Palash Singhania appointed as Non-Executive Independent Director, Mr. Avinash Hariharno transitioned from CFO to Whole-Time Director, and Mr. Rajesh Kumar Acharya appointed as the new Chief Financial Officer. The company will also conduct a postal ballot for shareholder approvals.

Simplex Castings' Board of Directors, in a meeting on May 28, 2026, approved a 1:5 stock split, converting one equity share of ₹10 into five shares of ₹2 each, subject to shareholder approval. The board also approved the audited financial results for the quarter and year ended March 31, 2026, with an unmodified opinion. Additionally, the company announced several management changes, including the appointment of Mr. Palash Singhania as an Independent Director and Mr. Avinash Hariharno as a Whole-Time Director, who will cease his role as CFO. Mr. Rajesh Kumar Acharya was appointed as the new Chief Financial Officer. The reappointment of M/s Sashi Ranjan & Co. as Cost Auditor for FY 2026-27 was also approved. The record date for the stock split will be announced post-shareholder approval.

Simplex Castings' Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, with an unmodified opinion. The board also approved a 1:5 stock split, converting each ₹10 equity share into five ₹2 shares, subject to shareholder approval. Additionally, the board reappointed M/s Sashi Ranjan & Co. as Cost Auditor for FY2026-27 and made significant management changes, including the appointment of Mr. Palash Singhania as an Independent Director, Mr. Avinash Hariharno as Whole-Time Director, and Mr. Rajesh Kumar Acharya as the new Chief Financial Officer.

Simplex Castings Ltd. announced key outcomes from its board meeting on May 28, 2026. The board approved the audited financial results for Q4 and the full year ended March 31, 2026, reporting Q4 FY26 revenue from operations of ₹5,476.28 lakhs and FY26 revenue of ₹20,290.29 lakhs. A significant corporate action approved was a 1:5 stock split, changing the face value of equity shares from ₹10 to ₹2, subject to shareholder approval. Management changes include the appointment of Mr. Rajesh Kumar Acharya as the new Chief Financial Officer. Mr. Avinash Hariharno transitioned from CFO to Additional Director designated as Whole Time Director, and Mr. Palash Singhania was appointed as an Additional Director (Non-Executive Independent).

Simplex Castings Ltd. announced its Q4 and FY2026 audited financial results. The board approved a 1:5 stock split, converting one equity share of face value ₹10 into five shares of face value ₹2 each, subject to shareholder approval. Key management changes include Mr. Avinash Hariharno's appointment as Whole-Time Director, ceasing his CFO role, and Mr. Rajesh Kumar Acharya's appointment as the new Chief Financial Officer. Mr. Palash Singhania was also appointed as an Additional Non-Executive Independent Director. The company reappointed M/s Sashi Ranjan & Co. as Cost Auditor for FY2026-27.