Smiths & Founders (India) Limited

Smiths & Founders (India) Ltd announced key outcomes from its Board of Directors meeting held on June 29, 2026. The board approved the continuation of Mr. Suresh Shastry's term as Chairman and Managing Director, subject to shareholder approval at the upcoming AGM. Additionally, the company will alter its Memorandum of Association to include broader corporate restructuring activities. The 35th Annual General Meeting is scheduled for July 24, 2026, to be held via Video Conferencing.

Smiths & Founders (India) Ltd announced that its Board of Directors, in a meeting held on June 29, 2026, approved the continuation of Mr. Suresh Shastry's term as Chairman and Managing Director upon his attaining the age of 70, subject to shareholder approval. The board also approved the alteration of the Memorandum of Association to include a new sub-clause for corporate restructuring. Additionally, the 35th Annual General Meeting is scheduled for July 24, 2026, to be held via video conferencing.

Smiths & Founders (India) Ltd has announced its 35th Annual General Meeting (AGM) will be held on Friday, July 24, 2026, at 10:00 AM IST. The meeting will be conducted via Video Conference (VC) or Other Audio Visual Means (OAVM). Key agenda items include the adoption of audited financial statements for FY 2025-26, the reappointment of a director retiring by rotation, and special business concerning the alteration of the Memorandum of Association (MOA) to facilitate corporate restructuring. Additionally, the AGM will seek approval for the continuation of Mr. Suresh Shastry as Chairman & Managing Director upon attaining the age of 70.

Smiths & Founders (India) Ltd has announced the closure of its trading window for designated persons. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and will be effective from July 1, 2026, until the conclusion of the Board Meeting to consider the unaudited financial results for the quarter ended June 30, 2026. The trading window will reopen 48 hours after the publication of these financial results. This intimation is made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Smiths & Founders (India) Limited has executed a Merger Agreement for the proposed merger of SKF Elixer India Private Limited with itself. The filing details the entities involved, their paid-up capital, and turnover. Smiths & Founders (India) Limited has a paid-up capital of Rs. 10,19,96,525 and a turnover of Rs. 13.98 Crores, while SKF Elixer India Private Limited has a paid-up capital of Rs. 15,45,41,666 and a turnover of Rs. 235.45 Crores. Both entities operate in the Engineering and Capital Goods sector. The rationale for the merger is stated as growth and diversification. The transaction is not a related party transaction and does not involve cash consideration or a change in shareholding pattern.

Smiths & Founders (India) Ltd announced that its Board of Directors has approved exploring a potential merger with SKF Elixer India Private Limited. This strategic move is subject to due diligence, valuation, finalization of the merger scheme, and obtaining necessary approvals from shareholders, creditors, stock exchanges, regulatory authorities, and the National Company Law Tribunal. The Board has also authorized the appointment of intermediaries, including legal advisors and valuers, to facilitate the process, with the Managing Director empowered to finalize engagement terms.

Smiths & Founders (India) Ltd has released revised audited financial results for the quarter and year ended March 31, 2026. The company reported total income of ₹1402.57 lakhs and net profit of ₹136.30 lakhs for the year ended March 31, 2026. The Board of Directors approved these results after review by the Audit Committee on May 25, 2026.

Smiths & Founders (India) Ltd declared audited financial results for the quarter and year ended March 31, 2026. The company reported revenue from operations of ₹1398.01 million and a net profit of ₹136.30 million for the year ended March 31, 2026. The Board of Directors approved these results in their meeting held on May 25, 2026. The meeting commenced at 12:30 P.M and concluded at 3:35 P.M.

Smiths & Founders (India) Ltd. announced audited financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results in a meeting held today. The company reported total income (net) of ₹1402.57 lakhs for the year ended March 31, 2026, compared to ₹1328.98 lakhs for the year ended March 31, 2025. Net profit for the period stood at ₹136.30 lakhs, up from ₹104.69 lakhs in the previous year.

Smiths & Founders (India) Ltd has scheduled a Board of Directors meeting on May 25, 2026, to consider and approve the Audited Financial Results for the quarter and year ended March 31, 2026. The announcement was made to the BSE under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.