Sunita Tools Ltd

Sunita Tools Ltd announced the appointment of Mr. Satish Kumar Pandey as the Managing Director of the company, effective September 30, 2026. This appointment follows the expiry of his previous term and is subject to shareholder approval. Mr. Pandey, a promoter with over three decades of experience in the Moulds and Dies Industry, has been associated with the company since October 1, 1993. The Board also approved remuneration for Whole Time Directors Mr. Sanjay Kumar Pandey and Ms. Ragini Pandey, also subject to shareholder approval. The board meeting took place on September 30, 2026.

Sunita Tools Ltd announced the outcome of its Board Meeting held on September 30, 2026. The board approved the appointment of Mr. Satish Kumar Pandey as Managing Director for a term of five years, effective September 30, 2026, subject to shareholder approval. His remuneration was also approved. Additionally, the remuneration for Mr. Sanjay Kumar Pandey and Ms. Ragini Pandey as Whole Time Directors was approved, also pending shareholder consent. The meeting commenced at 4:00 PM and concluded at 4:30 PM. Mr. Satish Kumar Pandey has over three decades of experience in the Moulds and Dies Industry and is a promoter of the company. Disclosure documents indicate familial relationships among the directors.

Sunita Tools Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and will be effective from Thursday, October 1, 2026. The trading window will reopen 48 hours after the announcement of the Un-Audited Financial Results for the half-year ended September 30, 2026. This measure is in place to prevent potential insider trading by designated persons and their immediate relatives during the period leading up to the financial results disclosure.

Sunita Tools Limited has announced the receipt of another tranche of advance payment against an Interim Sales Agreement for the supply of NATO spec & Standard 155mm M107 Empty Shells Defence Order. The company, with over 36 years of experience in engineering and mould base manufacturing, serves various sectors including Aerospace and Defence. This development signifies continued progress on a significant defence contract. The Chairman & Whole Time Director expressed confidence in production readiness.

Sunita Tools Limited reported a business update for the 4 months ended July 31, 2026 (FY 2026-27). Consolidated Net Sales Value reached ₹31.95 Crore. The company expanded its CNC machining subsidiary, Sunita Leoquip Aerospace Private Limited, by adding 2 new CNC turning machines to meet growing demand. Additionally, Sunita Tools acquired a 90% stake in a Capital Goods manufacturing company, which complements its legacy business through forward integration. The consolidated order book stands at ₹576 Crore as of July 31, 2026, with ₹552 Crore in Defence orders.

Sunita Tools Limited has entered into a five-year Memorandum of Understanding (MoU) with a privately held Indian defence and engineering company, part of a prominent industrial group with over 135 years of legacy. The collaboration focuses on strategic manufacturing and tendering for Ministry of Defence (MOD) India, Government/PSU, and DPSU tenders, specifically for 155 mm artillery shell assemblies, components, and related solutions. The Strategic Partner will act as the prime bidder, with Sunita Tools serving as the designated manufacturing partner for agreed scopes. This MoU is a framework arrangement and does not constitute a legal consortium, joint venture, order, or award, with binding commercial terms to be defined in future tender-specific agreements.

Sunita Tools Ltd has announced its Annual Report for the Financial Year 2025-26 and the Notice for its 39th Annual General Meeting (AGM). The AGM is scheduled for September 08, 2026, via Video Conferencing. Key agenda items include the adoption of audited standalone and consolidated financial statements for FY26, the reappointment of Mr. Satish Kumar Pandey as Director, and a special resolution to approve capital raising through permissible methods. The company has also uploaded the annual report and AGM notice on its website.

Sunita Tools Ltd has announced its 39th Annual General Meeting (AGM) will be held on Tuesday, September 08, 2026, at 03:30 P.M. IST. The meeting will be conducted via Video Conference (VC) / Other Audio-Visual Means (OAVM). Key agenda items include the adoption of audited financial statements for the fiscal year ended March 31, 2026, re-appointment of Mr. Satish Kumar Pandey as Director, and approval for raising capital through permissible methods, including potential issuance of up to 5 Lakh equity shares.

Sunita Tools Ltd announced that its Board of Directors, in a meeting held on August 14, 2026, approved the rising of equity capital through permissible modes, subject to shareholder approval. The board also considered and approved the draft Board Report and Management Discussion and Analysis Report for FY 2025-26. Additionally, a draft notice for the 39th Annual General Meeting was approved, with its date, time, and place to be fixed. The company plans to issue up to 5 Lakh equity shares or other eligible securities via various permissible modes including QIP or rights issue.

Sunita Tools Ltd has announced a Board of Directors meeting scheduled for August 14, 2026. The primary agenda items include the consideration and approval of raising equity capital through permissible modes. Additionally, the board will discuss the draft notice for the Annual General Meeting and appoint a scrutinizer. The company has also informed that the trading window for its securities will be closed from August 11, 2026, to August 16, 2026, inclusive, to prevent insider trading during this period.