SUMEET INDUSTRIES LTD.-$

Sumeet Industries Ltd has announced the closure of its trading window for dealing in the company's equity shares. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut for all directors, promoters, KMPs, designated employees, auditors, and their immediate relatives. It will commence from July 1, 2026, and will remain closed until 48 hours after the declaration of the financial results for the quarter ended June 30, 2026. The specific date for the board meeting to approve these results will be communicated separately.

Sumeet Industries Limited has announced a ₹199.75 Cr Rights Issue to fund strategic growth initiatives. The issue involves 16.84 Cr equity shares at ₹11.86 per share, with an entitlement ratio of 8 rights shares for every 25 shares held. Proceeds will be primarily used for working capital support (₹100 Cr), integrating the acquired 140,000 TPA Polyester Chips plant from Nakoda Limited (₹49.90 Cr), debt reduction (₹23 Cr), and establishing a 6.5 MW solar power plant (₹22 Cr). The company anticipates approximately 30% growth in Total Income for FY27 and expects it to nearly double in FY28, with improving EBITDA margins. The Rights Issue aims to enhance operational resilience, improve resource efficiency, and strengthen long-term growth.

Sumeet Industries Ltd's Board of Directors has approved and issued a Corrigendum to its Letter of Offer, Abridged Letter of Offer, Application Form, and Rights Entitlement Letter related to its Rights Issue. The Corrigendum rectifies a typographical error where the last date for Market Renunciation was incorrectly stated as July 16, 2026. The correct and revised last date for Market Renunciation is July 15, 2026. The Rights Issue involves up to 16,84,24,218 fully paid-up equity shares at ₹11.86 each, aggregating up to ₹19,975.11 lakhs, in a ratio of 8 Rights Equity Shares for every 25 shares held on the record date of June 12, 2026. The Corrigendum will be made available on the websites of the Company, the Registrar to the Issue, and the Stock Exchanges.

Sumeet Industries Ltd has issued a corrigendum to its Letter of Offer for a Rights Issue. The board meeting held on June 8, 2026, approved the correction of a typographical error in the last date for Market Renunciation. The date was incorrectly stated as July 16, 2026, and has now been corrected to July 15, 2026. This correction applies to the Letter of Offer, Abridged Letter of Offer, Application Form, and Rights Entitlement Letter. The Rights Issue aims to raise up to ₹19,975.11 lakhs by issuing equity shares at ₹11.86 each.

Sumeet Industries Ltd has announced the record date for its upcoming rights issue as June 12, 2026. The company plans to raise ₹199.75 crore by issuing 16,84,24,218 equity shares at a price of ₹11.86 per share. Eligible shareholders will receive 8 rights shares for every 25 shares held. The issue will open on June 22, 2026, and close on July 20, 2026. This move aims to strengthen the company's financial position and fund its growth initiatives.

Sumeet Industries Ltd's Board of Directors has approved a Rights Issue of 16,84,24,218 fully paid-up equity shares, aggregating to ₹199.75 crore. The issue price is set at ₹11.86 per share. Eligible shareholders will receive 8 rights equity shares for every 25 equity shares held as of the record date, June 12, 2026. The issue will open on June 22, 2026, and close on July 20, 2026. Arrangements have been made with NSDL and CDSL for crediting rights entitlements in dematerialized form.

Sumeet Industries Ltd announced the approval of a Rights Issue during its Board meeting held on June 8, 2026. The issue will offer 16,84,24,218 fully paid-up equity shares at a price of ₹11.86 per share, aggregating to ₹199.75 crore. Eligible shareholders will receive 8 rights equity shares for every 25 equity shares held as of the record date, June 12, 2026. The issue opens on June 22, 2026, and closes on July 20, 2026. Arrangements have been made with NSDL and CDSL for crediting rights entitlements.

Sumeet Industries Ltd. has scheduled a Board of Directors meeting on June 8, 2026, to consider and approve matters related to a proposed Rights Issue. These matters include the number of shares to be issued, the issue price, rights entitlement, and approval of the Letter of Offer. The record date for ascertaining eligible shareholders will also be fixed. The trading window is closed from June 2, 2026, and will reopen 48 hours after the board meeting concludes.

Sumeet Industries Limited reported resilient FY26 performance with total income crossing ₹1,050 Cr and PAT of ₹27.33 Cr. In Q4 FY26, the company achieved a total income of ₹266.98 Cr, a YoY growth of 9.53%, and an EBITDA of ₹14.68 Cr, a YoY growth of 113.58%. The company was declared the H1 Bidder for acquisition of Nakoda’s Phase 3 Polyester Chips manufacturing assets under CIRP at a value of ₹23.47 Cr. The Board has approved Phase 1 of the polyester yarn capacity expansion, involving an addition of 15,000 tonnes per annum with an investment of ₹30 Cr.

Sumeet Industries Ltd. announced its integrated financial results for the quarter and year ended March 31, 2026. The company reported revenue from operations of ₹105041.51 Lacs for the year ended March 31, 2026, as compared to ₹100337.04 Lacs for the year ended March 31, 2025. The company's standalone and consolidated audited financial results are available on its website.