Eureka Forbes Ltd

Eureka Forbes Ltd announced, via filings with the BSE Limited and NSE India Limited, an upgrade to its corporate credit rating by CRISIL Ratings Limited. The rating has been enhanced from CRISIL AA-/Positive (pronounced as Crisil double A minus rating with Positive Outlook) to CRISIL AA/Stable (pronounced as Crisil double A rating with Stable Outlook), impacting all instruments carrying the aforementioned rating, which includes all instruments, and there were no withdrawals or assignments related to any instruments.

Eureka Forbes Limited announced the allotment of 80,000 equity shares on September 3, 2026, under its Employee Stock Option Plan 2022, increasing the company's paid-up capital from Rs 1,93,55,68,160 divided into 19,35,56,816 equity shares to Rs 1,93,63,68,160 divided into 19,36,36,816 equity shares. The exercise price per share was Rs 210, with a premium of Rs 200, and the shares have an ISIN number of INE0KCE01017.

Eureka Forbes Limited announced the allotment of 50,000 equity shares on September 2, 2026, under its Employee Stock Option Plan 2022 (ESOP 2022), increasing the company's paid-up capital from Rs 1,93,50,68,160 divided into 19,35,06,816 equity shares to Rs 1,93,55,68,160 divided into 19,35,56,816 equity shares.

Eureka Forbes Ltd share price ticked higher by 0.70% to Rs 450.2 after the company's net profit rose by 11.68% to Rs 56.99 crore, while revenue from operations slightly gained 2.44% to Rs 700.4 crore in Q2FY26 over Q1FY26. The market capitalization of Household Appliances industry group stocks on BSE stood at Rs 3.06 lakh crore, rising by 14.12%. It has softened by 2.15% over last one week and dipped slightly by 2.86% in last one month while the market capitalization of Eureka Forbes Ltd has eased by 4.74% and 13.22% in the same period respectively. Profit before tax (PBT) of Eureka Forbes Ltd stood at Rs 76.62 crore in Q2 FY26, jumping 47.15% year-on-year, and climbing 11.74% quarter-on-quarter. EBITDA came in at Rs 62 crore, heading higher 14.60% YoY and crashing by 23.20% sequentially. Total expenses inched up 5.09% to Rs 649.68 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 328.34 crore, soaring by 95.27% YoY, while employee benefits expense was at Rs 97.07 crore, ticking higher by 4.07% YoY. For the TTM ended FY26, revenue from operations advanced 11.17% to Rs 2709.06 crore, while net profit eased 1.09% to Rs 162.62 crore, compared to previous TTM. EBITDA surged by 26148% to Rs 289.56 crore, and PBT saw a marginal contraction of 0.63% to Rs 219.3 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 250.2 crore in FY26, as against Rs 246.0 crore in FY25. Eureka Forbes Ltd plunged by 18.12% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.04% during the same period.

Lunolux Limited disclosed to the BSE Limited and National Stock Exchange of India Limited that Lunolux Midco Limited, a promoter of Eureka Forbes Limited, has created a pledge over 121,041,730 equity shares, representing 62.55% of the total paid-up share capital, and an additional pledge over 11,418,729 equity shares, constituting 5.90% of the total paid-up share capital, as security for a facility availed by Lunolux. The pledges were made to CSCGlobal Capital Markets (Singapore) Pte. Ltd. acting as a security agent for lenders including Barclays Bank PLC, and the proceeds were used to refinance an existing term loan facility.

Lunolux Limited disclosed to the BSE Limited and National Stock Exchange of India Limited that it and its wholly-owned subsidiary, Lunolux Midco Limited, have created a pledge over 121,041,730 equity shares, representing 62.55% of the total paid-up share capital of Eureka Forbes Limited, for a facility availed by Lunolux. Additionally, a pledge over 11,418,729 equity shares, constituting 5.90% of Eureka Forbes Limited's share capital, was created on July 28, 2026, with the proceeds of the facility used to refinance an existing term loan.

Eureka Forbes Limited will hold a board meeting on Wednesday, August 12, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, as per a regulatory filing with the BSE Limited and National Stock Exchange of India Limited.

Lunolux Limited disclosed to the Bombay Stock Exchange and National Stock Exchange of India that Lunolux Midco Limited, a promoter, has created a pledge over 121,041,730 equity shares, representing 62.55% of the total paid-up share capital of Eureka Forbes Limited, on May 7, 2024, in favor of CSCGlobal Capital Markets (Singapore) Pte. Ltd., acting as a security agent for certain lenders, to secure a facility for Lunolux. The borrowed amount was utilized for the repayment of an existing facility obtained by Lunolux.

Lunolux Limited disclosed to the Bombay Stock Exchange and National Stock Exchange of India that Lunolux Midco Limited, a promoter of Eureka Forbes Limited, has created a pledge over 121,041,730 equity shares, representing 62.55% of the total paid-up share capital, held by Lunolux Midco in Lunolux Limited, on May 7, 2024. The pledge was made in favor of CSCGlobal Capital Markets (Singapore) Pte. Ltd., acting as a security agent for certain lenders, including Barclays Bank PLC, and was utilized for the repayment of an existing facility obtained by Lunolux. Additionally, Lunolux created a non-disposal undertaking over the same shareholding on May 7, 2024.

Eureka Forbes announced that the 17th Annual General Meeting(AGM) of the company will be held on 19 August 2026.