Spectrum Electrical Industries Ltd

Spectrum Electrical Industries Limited has received trading approval from the National Stock Exchange of India Ltd. and BSE Ltd. for 13,73,625 equity shares, allotted on a preferential basis. These shares, with a face value of ₹10 each, were issued at a price of ₹2,002 per share, including a premium of ₹1,992. The shares are listed and admitted to dealings on the Exchange effective October 07, 2026. A lock-in period for these shares is in effect until April 10, 2027.

Spectrum Electrical Industries Limited has secured listing approval from both the National Stock Exchange of India Limited (NSE) and BSE Limited for 13,73,625 fully paid-up equity shares. These shares, with a face value of ₹10 each, were allotted on a preferential basis at a price of ₹2,002 per share, including a premium of ₹1,992. The approval signifies a key step in the company's capital raising and market integration efforts. Trading will commence upon confirmation of share credit by depositories NSDL/CDSL.

Spectrum Electrical Industries Limited has announced the closure of its trading window in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut from October 1, 2026, until 48 hours after the declaration of the Un-Audited Financial Results for the second quarter and half-year ended September 30, 2026. This closure applies to all promoters, directors, designated persons, and their immediate relatives, restricting any trading in the company's securities during this period.

Spectrum Electrical Industries Limited has entered into a Memorandum of Understanding (MoU) with the Government of Maharashtra. The MoU is for the development and upgradation of the "Kavayitri Bahinabai Chaudhari Government ITI (Boys)" in Jalgaon, Maharashtra, under a Public Private Partnership (PPP) model. As part of its Corporate Social Responsibility (CSR) initiatives, the company will contribute to improving infrastructure, training facilities, and equipment at the ITI. This collaboration aims to strengthen vocational education, enhance skill development, and improve employability opportunities for students and trainees.

Spectrum Electrical Industries Limited announced that its Board of Directors, in a meeting held on September 20, 2026, approved the temporary interim investment of unutilized proceeds from a preferential issue. The company plans to invest approximately ₹287.5 Crores in various money market instruments, debt-oriented schemes, fixed deposits, and government securities. These investments are intended for the interim deployment of funds and will be realized as needed for the objects of the preferential issue.

Spectrum Electrical Industries Ltd has announced that its Board of Directors will convene on September 20, 2026, at the company's registered office in Jalgaon, Maharashtra. The primary agenda for this meeting is to consider and approve prior intimations, along with transacting other business matters. This notice is issued in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 173 of the Companies Act, 2013.

Spectrum Electrical Industries Limited has announced the acquisition of 2,49,750 warrants convertible into equity shares by Deepak Suresh Chaudhari and Persons Acting in Concert (PACs). This acquisition was made through a preferential allotment. Following this, Deepak Suresh Chaudhari's holding, along with PACs, in the company has adjusted. The total diluted shareholding of the acquirer group has moved from 72.72% to 67.35%. The company's equity share capital has also increased post-allotment.

Spectrum Electrical Industries Limited announced the allotment of 1,623,375 securities, comprising 1,373,625 equity shares and 249,750 warrants, through a preferential issue. The equity shares were issued at ₹2,002 each, raising ₹274.99 crore from five non-promoter allottees, including HDFC Mutual Fund schemes and Valuequest India Inflexion Fund. Additionally, 249,750 warrants were allotted to promoter Deepak Suresh Chaudhari at ₹2,002 each, with 25% upfront payment received. These warrants are convertible into equity shares within 18 months. The company has received in-principle approval from stock exchanges for this issuance.

Spectrum Electrical Industries Ltd has filed its Annual Report for the Financial Year 2025-26, in compliance with SEBI regulations. The report details the company's performance, strategic investments in manufacturing infrastructure and technology, and capability development for future expansion. Key highlights include advancements in precision manufacturing, the establishment of a copper route for current-bearing components, groundwork for Electronic Manufacturing Services and data-centre solutions, and the development of a new integrated smart manufacturing facility. The report also covers corporate information, financial performance, and corporate governance.

Spectrum Electrical Industries Limited has announced its 18th Annual General Meeting (AGM) will be held on Wednesday, September 30, 2026, at 11:30 a.m. at its registered office in Jalgaon, Maharashtra. The meeting agenda includes the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Additionally, the company will seek re-appointment of Mrs. Bharti Deepak Chaudhari as a director retiring by rotation. Special business includes ratification of remuneration for the cost auditor, M/s. Kolhe & Associates, for the financial year ending March 31, 2027, set at ₹50,000 plus applicable levies.