Omax Autos

Omax Autos announced that penalty proceedings involving 1.26 billion rupees have been dropped. This development removes a significant financial liability for the company and its shareholders.

Omax Autos Limited's Board of Directors approved unaudited standalone financial results for the quarter and half-year ended September 30, 2025. The company, which manufactures sheet metal components and assemblies for various customers within India, reported a profit before tax of ₹1,238.85 lakhs for the half-year period compared to ₹2,571.37 lakhs in the previous year. Total assets stood at ₹47,505.24 lakhs as of September 30, 2025, compared to ₹47,758.57 lakhs as of March 31, 2025. The company's equity share capital remained unchanged at ₹2,138.82 lakhs. Cash and cash equivalents increased to ₹1,939.12 lakhs from ₹1,375.37 lakhs. The results were reviewed by the audit committee and the financial statements comply with Indian Accounting Standards.

Omax Autos Limited announced its unaudited financial results for the quarter ended June 30, 2025. The company reported revenue from operations of Rs 9,963.65 lakhs compared to Rs 8,420.18 lakhs in the same quarter last year. The board recommended a final dividend of Rs 2.5 per equity share for FY 2024-25, subject to shareholder approval at the Annual General Meeting scheduled for August 29, 2025. The record date for dividend eligibility is set as August 22, 2025. The company made several key appointments including Ms. Kannu Sharma as Company Secretary and Compliance Officer, and Mr. Sanjeev Kumar as Chief Financial Officer. Mr. Devashish Mehta resigned from his CFO position but continues as Managing Director. The board also approved reappointments of key directors including Mr. Jatender Kumar Mehta as Vice Chairman & Managing Director and Mr. Tavinder Singh as Whole Time Director. Mrs. Sakshi Kaura's designation changed from Managing Director to Non-Executive, Non-Independent Director. The company reappointed M/s ISN & Co. as Cost Auditors for FY 2025-26 and appointed M/s DR Associates as Secretarial Auditors for a five-year term from FY 2025-26 to FY 2029-30.