Simplex Castings Ltd

Simplex Castings Limited held an Extraordinary General Meeting (EGM) on October 15, 2026, conducted via video conferencing and remote e-voting. The meeting, presided over by Chairman Ketan M. Shah, addressed resolutions including an increase in authorized share capital, the preferential issue of equity shares and warrants, the appointment of an independent director, Urlam Java Manmadha Rao, and considered performance updates for the financial year 2026–27. Shareholders participated through remote e-voting and a subsequent e-voting session during the meeting, with results and a scrutinizer's report to be filed with the stock exchanges and posted on the company's website by October 17, 2026.

Simplex Castings Ltd. submitted a certificate to the Calcutta Stock Exchange and BSE Limited on October 6, 2026, confirming compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026. The certificate, dated October 3, 2026, was received from MUFG Intime India Private Limited, the company's registrar and share transfer agent.

Simplex Castings Ltd. will hold a board meeting on Wednesday, September 23, 2026, to consider a proposal for raising funds through the issuance of new equity shares or other eligible securities convertible into equity shares, subject to regulatory approvals and member approval.

Simplex Castings Ltd. will close its trading window for all designated persons from October 1, 2026, until 48 hours after the public announcement of the unaudited financial results for the quarter and half-year ending September 30, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Simplex Castings Ltd announced credit rating upgrades and assignments from multiple agencies, with Infomerics Valuation and Rating Limited upgrading both its Long Term Bank Facilities to IVR BBB/Stable (previously IVR BB+) and its Short Term Bank Facilities to IVR A3+ (previously IVR A4+); IVR similarly upgraded its Bank Facilities to BBB/Stable and Short Term Bank Facilities to A3+ from IVR BB+ and IVR A4+ respectively, while also assigning ratings of BBB/Stable to a Cash Credit facility of Rs. 34.00, a Working Capital Term Loan of Rs. 4.00, an A3+ rating to a Bank Guarantee of Rs. 26.00, and an A3+ rating to a Proposed Bank Guarantee of Rs. 8.00, all assigned by RBI; Infomerics has placed Bank Loan Facilities of Rs. 72.00 Crore under review, with surveillance normally conducted within 12 months, and noted that its ratings are not recommendations to buy, sell or hold any security, with Informerics assigning a BBB/Stable rating to a Name of Facility/Security with a value of Rs. 34.00, and all ratings are subject to SEBI CRA circular dated Feb 10, 2026.

Simplex Castings Limited has received a fabrication order worth Rs 10.8 Crore from M/S Infinity Horizon, as disclosed to the Calcutta Stock Exchange and BSE Limited. The order, awarded by a domestic entity, involves the manufacturing and supply of 1200 MT of fabricated steel structure and is expected to be completed within 5 months. Simplex Castings confirmed that neither the promoter group nor any group companies have an interest in Infinity Horizon, and the order does not constitute a related party transaction.

Simplex Castings Ltd. will hold a board meeting on Friday, August 14, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026, and discuss other agenda items, according to a regulatory filing with the Calcutta Stock Exchange and BSE Limited. The trading window for the company’s directors, key managerial personnel, and designated employees will remain closed until 48 hours after the financial results are declared.

Simplex Castings Limited announced it has received an order worth Rs 7,08,26,283 (exclusive of GST) from Rashtriya Ispat Nigam Ltd for assembly components, specifically 137 EA - FLASH PLATE ASSEMBLY and 53EA - FRAME ASSEMBLY, with a completion timeframe of 7-8 months. The order, disclosed on August 3, 2023, does not involve any related party transactions and was awarded by a domestic entity.

Simplex Castings Ltd. announced that Champak Kalyanji Dedhia has completed his second term as an Independent Director and consequently ceased to hold the position with effect from July 31, 2026, as per Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Net profit of Simplex Castings rose 66.13% to Rs 6.18 crore in the quarter ended March 2026 as against Rs 3.72 crore during the previous quarter ended March 2025. Sales declined 18.39% to Rs 54.76 crore in the quarter ended March 2026 as against Rs 67.10 crore during the previous quarter ended March 2025. For the full year,net profit rose 40.52% to Rs 21.26 crore in the year ended March 2026 as against Rs 15.13 crore during the previous year ended March 2025. Sales rose 18.05% to Rs 202.90 crore in the year ended March 2026 as against Rs 171.88 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales54.7667.10 -18 202.90171.88 18 OPM %19.8911.68 -18.4318.08 - PBDT10.076.11 65 33.0023.51 40 PBT9.135.19 76 29.2819.85 48 NP6.183.72 66 21.2615.13 41 Powered by Capital Market - Live