Systematic Industries Ltd

Systematic Industries Limited (SIL) has acquired a Galvanized Iron (GI) Wire manufacturing facility in Siltara, Chhattisgarh. The facility spans 10 acres with an installed capacity of 48,000 metric tonnes per annum (MTPA). This acquisition enhances SIL's total capacity by approximately 48% to 1,48,000 MTPA across five units. It strengthens SIL's presence in Central India, aligning with its strategy to scale its core wire business and capitalize on demand from infrastructure and power sectors. The transaction is expected to be immediately EPS accretive, leveraging operational and financial synergies to optimize logistics, improve service efficiency, and expand the customer base.

Systematic Industries Ltd announced the resignation of Mr. Bhagwan Das, an Independent Director, effective June 22, 2026. The resignation is due to personal grounds. Mr. Das has been relieved of his duties. The company has provided details as per SEBI LODR Regulations, including confirmation that there are no other material reasons for his resignation beyond personal grounds.

Systematic Industries Limited (SIL) announced its financial results for H2 & FY26. The company reported a 23.9% YoY increase in total revenues for FY26, reaching ₹5,563 Mn. EBITDA stood at ₹405 Mn, up by 7.1% YoY, while PAT grew by 16.4% YoY to ₹210 Mn. The company also achieved a net-debt-free status as of March 31, 2026. SIL secured its first EPC contract from Power Grid Corporation of India Limited and received a landmark order from Indian Railway worth over ₹100 Mn.

Systematic Industries Ltd has approved the standalone audited financial results for the half year and financial year ended March 31, 2026, as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board meeting was held on May 26, 2026, where the results were considered and approved. The statutory auditors have issued unmodified opinions on the financial results. Additionally, M/s KDA & Associates were appointed as the secretarial auditors for the financial year 2026-27.

Systematic Industries Ltd has scheduled a Board of Directors meeting on May 26, 2026, to consider and approve the Standalone Audited Financial Results for the half year and financial year ended March 31, 2026, along with the draft Audit Report. The trading window for dealing in the company's securities is closed from April 1, 2026, until 48 hours after the declaration of the results.

Systematic Industries Ltd's board meeting on May 2, 2026, approved the reconstitution of various board committees, effective immediately. This follows the appointment of Mr. Gunjan Saboo as an Additional Non-Executive Independent Director on March 20, 2026. The reconstituted committees include the Audit Committee, Nomination and Remuneration Committee, Corporate Social Responsibility Committee, and Stakeholder Relationship Committee. The meeting commenced at 03:00 P.M. IST and concluded at 04:30 P.M. IST.

Systematic Industries Ltd has clarified that the recent significant movement in the price of their shares is purely market-driven. The company has disclosed all required information, including price-sensitive information, within the stipulated time. No impending announcements or withheld material information that could affect the price behavior of the scrip exist.

Systematic Industries Ltd has announced the closure of its trading window for designated persons and their immediate relatives. The closure will be in effect from April 1, 2026, up to 48 hours after the declaration of the audited financial results for the half year and financial year ending on March 31, 2026. The trading window will reopen 48 hours after the declaration of the financial results to the Stock Exchange. The date of the board meeting for the consideration and approval of the audited financial results will be intimated in due course.

Systematic Industries Ltd has appointed Mr. Gunjan Saboo as an Additional (Non-Executive) Independent Director for a term of 5 years, effective from March 20, 2026. Mr. Saboo has a rich experience of 27 years in management, strategy, planning, and administration in the chemical, energy solutions, electricity, gas, and water supply industries. He has completed his Post-Graduation in Biotechnology, Biochemistry, and Business Management from the University of Connecticut, University of Mumbai, and SP Jain Institute of Management and Research respectively.

Systematic Industries Ltd has utilized the proceeds from the Fresh Issue and Offer for Sale of Equity Shares, amounting to Rs. 115.60 Crore, as per the Monitoring Agency Report by Brickwork Ratings India Private Limited. The report confirms that the funds have been utilized according to the objects of the issue, with no deviations or conflicts of interest.