Sunita Tools Ltd

Sunita Tools Limited has successfully delivered prototype samples and test reports for its Interim Sales Agreement to supply NATO Spec & Standard 155mm M107 Empty Shells Defence Order. The delivery was delayed due to shipping channel disturbances. Additionally, its 100% US subsidiary, NMI (Sunita Defence Inc.), has received an order worth USD 97,632 from a supply chain company and has been approved as a vendor by Southern State Coop. This is expected to significantly boost the order book from July onwards. The company's legacy business also shows a healthy order book. Sunita Tools is also initiating a comprehensive organizational due diligence review.

Sunita Tools Ltd has issued revised Audited Standalone & Consolidated Financial Results for the half-year and year ended March 31, 2026. The revision rectifies inadvertent clerical and typographical errors in the previously submitted results from the May 15, 2026 board meeting. The company has submitted the updated financial statements, along with the independent auditors' report, which maintains an unmodified opinion. All other matters discussed in the prior outcome remain unchanged. The revised financials are available on the company's investor relations website.

Sunita Tools Ltd. reports no deviations or variations in the use of proceeds from funds raised through preferential issues for the year ended March 31, 2026. The funds were raised on October 20, 2025 (₹299.99 Lakhs) and October 30, 2025 (₹115.50 Lakhs). The company confirms that the funds were utilized as per the original objectives.

Sunita Tools Ltd's Board of Directors approved the audited standalone and consolidated financial results for the year ended March 31, 2026, in compliance with Accounting Standards. The meeting, held on May 15, 2026, commenced at 03:30 P.M. and concluded at 04:15 P.M. The results, along with the Independent Auditors Report, are available on the company's website.

Sunita Tools Ltd. reports no deviations or variations in the use of proceeds from funds raised through preferential issues for the year ended March 31, 2026. The funds were raised on October 20, 2025 (₹299.99 Lakhs) and October 30, 2025 (₹115.50 Lakhs). The company confirms that the funds were utilized as per the original objectives.

Sunita Tools Ltd has scheduled a Board of Directors meeting on May 15, 2026, to consider and approve the audited financial results (Standalone & Consolidated) for the half year and year ended March 31, 2026. The trading window is closed and will open 48 hours after the board meeting.

Sunita Tools Ltd's wholly-owned subsidiary, Sunita Defence Inc, USA, has acquired a 51% stake in New Mold Innovations LLC, a Kentucky-based specialty grease and mold manufacturing company, for USD 419,000 (approximately ₹3,98,05,000). The acquisition aims to expand Sunita Tools' manufacturing presence in the US, providing access to an established customer base in aerospace, automation, capital goods, and engineering sectors. The deal is expected to be completed within 90 days, subject to due diligence and financing.

Sunita Tools Ltd's wholly-owned subsidiary, Sunita Defence Inc (USA), has acquired a 51% ownership stake in New Mold Innovations LLC, a Kentucky-based specialty grease, mold, and manufacturing company. The acquisition cost is USD 419,000, payable in two tranches. Net profits will initially be distributed 75:25 in favor of Sunita Defence Inc until a preferred return of USD 344,000 is recovered, after which the distribution will revert to the standard ownership ratio of 51:49. The first tranche of INR 1,44,55,500 (approximately USD 150,000) has been remitted.

Sunita Tools Ltd announces that its wholly-owned subsidiary, Sunita Defence Inc USA, has established a full-time office in Chicago, USA. This move aims to facilitate bidding, quoting, and supplying defense products to US entities, as well as exploring acquisition opportunities in the defense, aerospace, and engineering sectors. The subsidiary is headed by Mr. Abheshek Satish Pandey, an Aerospace Engineer.

Sunita Tools Ltd has announced the closure of its trading window for dealing in securities of the company. The closure is in accordance with the Company’s Code for prevention of Insider Trading under SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window will be closed for designated persons of the company and their immediate relatives, starting from Wednesday, 1st April, 2026 till the completion of 48 hours after announcement of the Audited Financial Results for the year ended 31st March, 2026. The date of the Board Meeting for the consideration and approval of the Financial Results for the above-mentioned period is yet to be communicated.