Syrma SGS Technology Ltd

Syrma SGS Technology Ltd announced a significant update regarding its Joint Venture (JV) company. Following the completion of a transaction and share allotment to JV partners, Syrma SGS and Elemaster, the Ministry of Corporate Affairs has approved a fresh Certificate of Incorporation. This approval officially changes the name of the JV company from ‘Syrma SGS Design and Manufacturing Private Limited’ to ‘Syrma SGS Elemaster Private Limited’. The name change is effective from September 09, 2026. This rebranding reflects the established partnership and is a key step in the JV's operational and corporate identity.

Syrma SGS Technology Ltd, through its joint venture Syrma SGS Elemaster Private Limited with Elemaster S.P.A, has inaugurated a new state-of-the-art high-reliability electronics manufacturing facility in Bengaluru. This 20,000 sq. ft. facility is equipped with advanced SMT, THT, and box-build assembly lines. It aims to cater to the growing demand for high-reliability electronics in sectors like railways, industrial, energy, and medical, supporting both domestic and global OEMs. The JV combines Syrma SGS's manufacturing scale and supply chain expertise with Elemaster's engineering and design capabilities, strengthening India's position in high-reliability electronics manufacturing and the India-Italy industrial collaboration.

Syrma SGS Technology Ltd announced key management changes following its 22nd Annual General Meeting held on August 25, 2026. Mr. Sandeep Tandon has been re-appointed as the Executive Chairman for a term effective October 1, 2026, until September 30, 2031. Additionally, Mr. Jayesh Nagindas Doshi, formerly a Non-Executive Director, has been appointed as a Whole-time Director for a period of five years, effective August 25, 2026, until March 31, 2031. The company provided detailed profiles and disclosures as required by SEBI Listing Regulations.

Syrma SGS Technology Ltd has announced the incorporation of a new subsidiary, 'SYRMA KAGA ELECTRONICS PRIVATE LIMITED' (SKEPL), on August 18, 2026. This joint venture with Kaga Electronics India Private Limited will operate in the electronic components manufacturing sector. Syrma SGS Technology will hold a 60% stake, with an initial investment of ₹60,000, while Kaga will hold 40%. The subsidiary's authorized and subscribed capital is ₹1,00,000. SKEPL aims to manufacture bare printed circuit boards, load components, interface cards, semiconductors, and other electronic components. The transaction is considered a Related Party Transaction and is conducted at arm's length.

Syrma SGS Technology Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, as required by SEBI regulations. The report, which is part of the Annual Report 2025-26, details the company's ESG performance. Syrma SGS Technology operates primarily in manufacturing computer, electronic, communication, and scientific measuring equipment, with Printed Circuit Board Assembly (PCBA) contributing 92.50% of its turnover. The company has undergone reasonable assurance for its BRSR Core disclosures, with Grant Thornton Bharat LLP acting as the assurance provider. The reporting is on a standalone basis, covering Indian operations.

Syrma SGS Technology Limited announced its 22nd Annual General Meeting (AGM) will be held on Tuesday, August 25, 2026, at 04:00 P.M. IST via Video Conferencing (VC)/ Other Audio-Visual Means (OAVM). The meeting will be held remotely, with the registered office in Mumbai serving as the deemed venue. The company will also discuss the payment of a final dividend of ₹1.50 per equity share for FY 2026, with a record date set for Tuesday, August 18, 2026. The Annual Report for FY 2025-26 and the AGM notice have been sent to shareholders electronically and are available on the company's website. Members will have the option for remote e-voting.

Syrma SGS Technology Limited announced its 22nd Annual General Meeting (AGM) will be held on Tuesday, August 25, 2026, at 04:00 P.M. IST. The meeting will be conducted through Video Conferencing (VC)/ Other Audio-Visual Means (OAVM). The company has fixed Tuesday, August 18, 2026, as the 'Record Date' for determining eligibility for a final dividend of ₹1.50 per equity share for FY 2026. The Annual Report and AGM Notice for FY 2025-26 have been sent to shareholders via electronic mode and are also available on the company's website. Members will have the facility to exercise their voting rights through remote e-voting and e-voting during the AGM.

Syrma SGS Technology Limited announced its 22nd Annual General Meeting (AGM) will be held on Tuesday, August 25, 2026, at 04:00 P.M. IST via Video Conferencing. The company also fixed Tuesday, August 18, 2026, as the 'Record Date' for determining eligibility for a final dividend of ₹1.50 per equity share for FY 2026. The Annual Report and AGM Notice for FY 2025-26 have been dispatched electronically to shareholders and are available on the company's website. Members will have the option for remote e-voting from August 21 to August 24, 2026.

Syrma SGS Technology Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, detailing the utilization of its Initial Public Offer (IPO) proceeds. The report, issued by CRISIL Ratings Limited, confirms no deviation from the IPO's stated objects. The company also stated that the report will be available on its investor relations website. This filing is in compliance with SEBI regulations.

Syrma SGS Technology Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a consolidated revenue of ₹16,037 million, a 67.1% year-on-year increase. EBITDA stood at ₹1,766 million, up 72.0% YoY, with a margin of 11.0%. Profit After Tax (PAT) more than doubled, reaching ₹1,057 million, an increase of 111.8% YoY, with a PAT margin of 6.6%. The growth was driven by strong performance in Automotive, Consumer, and export businesses. Key strategic updates include a Joint Venture with KAGA Electronics Co., Ltd., the appointment of Jaidit Singh Brar as CEO, and a credit rating upgrade by India Ratings & Research to IND AA/Stable.