Belrise Industries Ltd

Belrise Industries Limited informed the BSE Limited and National Stock Exchange of India Limited that its Board of Directors has recommended the appointment of M/s. Shailesh Haribhakti & Associates and M/s. Rathi Rathi and Co. as Joint Statutory Auditors of the Company for a first term of 5 years commencing from Financial Year 2026-27 to Financial Year 2030-31, subject to shareholder approval at the ensuing Annual General Meeting. The current statutory auditor, M/s. GSA & Associates LLP, will have its term expire at the upcoming Annual General Meeting.

Belrise Industries Limited disclosed deviations in the utilization of funds raised through its Initial Public Offering (IPO) for the quarter ended June 30, 2026, according to a regulatory filing. The company, which raised Rs 21,500 million through its IPO from May 20, 2025, to May 23, 2025, reported that Rs 15,960.21 million of the proceeds were used for repayment of debt, slightly less than the originally estimated Rs 16,181.27 million, while general corporate purposes saw a revised allocation of Rs 4,690.46 million. The company's Audit Committee reviewed the deviations, and the statement is available on the company's website.

Belrise Industries Limited will hold a meeting of its board of directors on August 14, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and to consider an increase in the company’s authorized share capital, according to a regulatory filing. The board will also consider a recommendation of a final dividend for the financial year 2025-26 on equity shares issued under a Qualified Institutional Placement (QIP), subject to shareholder approval.

Belrise Industries Limited announced that its board of directors approved the acquisition of the India Tipper body business of Hyva (India) Pvt. Ltd., a subsidiary of JOST Werke SE, on a slump sale basis for a consideration of USD 5.65 million, approximately Rs 543.88 million, as part of a strategy to expand its presence in the commercial vehicle segment.

Belrise Industries Limited announced the acquisition of the Tipper Body Business of Hyva India Private Limited, a subsidiary of JOST Werke SE, for approximately USD 5.65 million, representing an enterprise value to earnings before interest, taxes, depreciation, and amortization (EBITDA) multiple of approximately 3.60x. The acquisition, which is based on a slump sale basis, will strengthen Belrise’s position as a Tier-0.5 supplier within the commercial vehicle ecosystem and expands its capabilities in sectors such as construction, mining, defense, and infrastructure, while Hyva will continue to own and operate its Tipping Kits and Hydraulic Systems business.

The company's authorisation and allotment committee approved the opening of the issue on 14 July 2026. The floor price of Rs 230.79 per share is at a discount of 0.65% to the scrip's previous closing price of Rs 232.30 on the BSE. The company may offer a discount of not more than 5% on the floor price so calculated for the issue. The issue price will be determined in consultation with the bookrunning lead managers appointed for the issue. Belrise Industries is an automotive systems manufacturer with a diversified portfolio that includes safety-critical chassis components and advanced engineering solutions. The company operates 20 manufacturing facilities across India. The company's consolidated net profit jumped 18.37% to Rs 130.23 crore on 12.24% increase in revenue from operations to Rs 2,552.83 crore in Q4 FY26 over Q4 FY25.Powered by Capital Market - Live

Jain Resource Recycling Ltd, Bayer CropScience Ltd, Aster DM Healthcare Ltd, NLC India Ltd are among the other stocks to see a surge in volumes on NSE today, 09 June 2026.Belrise Industries Ltd clocked volume of 294.46 lakh shares by 14:14 IST on NSE, a 9.66 times surge over two-week average daily volume of 30.47 lakh shares. The stock gained 7.01% to Rs.230.84. Volumes stood at 23.98 lakh shares in the last session.Jain Resource Recycling Ltd notched up volume of 178.85 lakh shares by 14:14 IST on NSE, a 8.74 fold spurt over two-week average daily volume of 20.47 lakh shares. The stock rose 7.53% to Rs.364.85. Volumes stood at 25.06 lakh shares in the last session.Bayer CropScience Ltd recorded volume of 1.74 lakh shares by 14:14 IST on NSE, a 5.89 times surge over two-week average daily volume of 29587 shares. The stock lost 0.72% to Rs.4,254.00. Volumes stood at 15397 shares in the last session.Aster DM Healthcare Ltd recorded volume of 20.45 lakh shares by 14:14 IST on NSE, a 3.68 times surge over two-week average daily volume of 5.56 lakh shares. The stock gained 3.12% to Rs.790.05. Volumes stood at 18.91 lakh shares in the last session.NLC India Ltd saw volume of 185.53 lakh shares by 14:14 IST on NSE, a 3.59 fold spurt over two-week average daily volume of 51.73 lakh shares. The stock dropped 2.17% to Rs.328.45. Volumes stood at 35.8 lakh shares in the last session.Powered by Capital Market - Live

Belrise Industries announced that the Board of Directors of the Company at its meeting held on 24 May 2026, inter alia, have recommended the final dividend of Rs 0.55 per equity Share (i.e. 11%) , subject to the approval of the shareholders.

Net profit of Belrise Industries rose 18.37% to Rs 130.23 crore in the quarter ended March 2026 as against Rs 110.02 crore during the previous quarter ended March 2025. Sales rose 12.24% to Rs 2552.83 crore in the quarter ended March 2026 as against Rs 2274.35 crore during the previous quarter ended March 2025. For the full year,net profit rose 39.79% to Rs 496.86 crore in the year ended March 2026 as against Rs 355.44 crore during the previous year ended March 2025. Sales rose 14.69% to Rs 9509.10 crore in the year ended March 2026 as against Rs 8290.82 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales2552.832274.35 12 9509.108290.82 15 OPM %11.3712.13 -12.1312.32 - PBDT264.74222.17 19 1031.86775.33 33 PBT173.23139.36 24 670.91445.58 51 NP130.23110.02 18 496.86355.44 40 Powered by Capital Market - Live

The board of Belrise Industries at its meeting held on 24 May 2026 has approved raising of funds for an amount aggregating up to Rs 2000 crore by way of issuance of equity shares or any other equity-linked instrument as permissible under applicable laws by way of a qualified institutions placement (QIP).