Susan Electricals India Ltd

Susan Electricals India Ltd has revised the date for its conference call to discuss the Q1 FY27 financial results. The call, originally scheduled for August 18, 2026, has been rescheduled to August 19, 2026, at 4:00 PM IST. The management, including Chairman & Managing Director Mr. Vishal Jain, will be represented. The meeting link and timing remain unchanged. This update is in accordance with SEBI regulations and has been uploaded to the company's website.

Susan Electricals India Limited reported a strong Q1 FY27 performance with a 2.7X year-on-year revenue growth and a 9.8X surge in operating profit. This growth was driven by robust order execution, expanding customer relationships, and enhanced manufacturing capabilities. The company is strategically shifting towards higher-margin LT & HT Cables and MVCC. The unexecuted order book stood at ₹142.39 crore, with an active pipeline of ₹150 crore, providing significant revenue visibility. Capacity expansion of 4,500 Km p.a. is on track for February 2027, increasing total capacity to 12,000 Km p.a. The company expects to sustain its growth trajectory through FY27.

Susan Electricals India Ltd announced its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors approved these results in a meeting held on August 14, 2026. The company also provided details on its recent Initial Public Offering (IPO), including the utilization of IPO proceeds for capital expenditure and working capital. The company is primarily engaged in manufacturing electrical winding wires, conductors, and cables.

Susan Electricals India Ltd announced its unaudited standalone financial results for the quarter ended June 30, 2026. The company reported a total income of ₹9,541.33 Lakhs and a profit before tax of ₹858.22 Lakhs. Expenses for the quarter stood at ₹8,683.11 Lakhs. The company also provided details on the utilization of IPO proceeds, with ₹1.20 Lakhs utilized for expansion of manufacturing facilities and ₹9.10 Lakhs remaining unutilized as of June 30, 2026. The Board of Directors approved these results in a meeting held on August 14, 2026.

Susan Electricals India Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, prepared by Brickwork Rating India Private Limited. The report, in accordance with SEBI regulations, details the utilization of funds raised through its Initial Public Offer (IPO). The company raised ₹70.38 Crore via a Fresh Issue and Offer for Sale of equity shares. The report confirms no deviation from the stated objects for fund utilization. This information is also available on the company's website.

Susan Electricals India Limited has announced an Extraordinary General Meeting (EGM) scheduled for September 3, 2026, at 3:00 PM IST. The meeting will be conducted via video conferencing and other audio-visual means. The primary agenda is to approve the 'Susan Electricals India Limited- Employees Stock Option Plan, 2026' (SEIL ESOP 2026). This plan allows for the creation, issuance, and grant of up to 2,04,000 employee stock options. These options, upon exercise, can be converted into equity shares of face value Rs. 10 each. The plan is designed to benefit employees, including whole-time directors, excluding promoters, promoter group, independent directors, and those holding over 10% equity. Provisions for adjustments in case of corporate actions like bonus issues or stock splits are included.

Susan Electricals India Ltd's Board of Directors met on August 7, 2026, approving the "Susan Electricals India Limited – Employee Stock Option Plan, 2026" (SEIL ESOP, 2026) for up to 2,04,000 options, subject to member approval. The board also approved the incorporation of "Susan Foundation" for charitable activities and appointed Mr. Charan Singh as an Additional Director. An Extra Ordinary General Meeting (EGM) is scheduled for September 3, 2026, with August 27, 2026, set as the cut-off date for e-voting. Mr. Manoj Kumar resigned as a Director.

Susan Electricals India Ltd announced the resignation of Mr. Manoj Kumar from his position as Non-Executive Director, effective August 5, 2026. The resignation is attributed to personal reasons, as stated in his resignation letter. Mr. Kumar will also cease to be a member of the Nomination and Remuneration Committee and the Stakeholders Relationship Committee. He confirmed there are no material reasons for his resignation other than personal circumstances and no disagreements with the board or management.

Susan Electricals India Ltd announced the resignation of Mr. Manoj Kumar from his position as Non-Executive Director, effective August 5, 2026. The resignation is due to personal reasons, as stated in his resignation letter. Mr. Kumar will also cease to be a member of the Nomination and Remuneration Committee & Stakeholders Relationship Committee. He confirmed there are no other material reasons for his departure and no disagreements with the Board or management.

Susan Electricals India Ltd has announced that its Board of Directors will convene on August 14, 2026, to consider and approve the un-audited financial results for the quarter ended June 30, 2026. These results will undergo a limited review by the company's statutory auditors. The company also informed that the trading window, which was closed from July 30, 2026, will reopen on August 17, 2026, in compliance with SEBI regulations regarding insider trading.