Austin Engineering Company Ltd has closed its trading window for dealing in the company's securities, effective from July 1, 2026. The restriction applies to all designated persons, including their immediate relatives, and will remain in force until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. This measure is in accordance with the company's Code for Prevention of Insider Trading and Regulation 9 (Clause 4 of Schedule B) of the SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018.

The closure of the trading window is a standard compliance procedure implemented ahead of financial results announcements to prevent insider trading. The specific date for the Board Meeting, which will consider the unaudited financial results for the quarter ended June 30, 2026, has not yet been finalized. The company stated that this information will be communicated to BSE Ltd. in due course as per the provisions of the LODR (Listing Obligations and Disclosure Requirements) regulations.

Key Details of the Notice

The company, headquartered in Patla, Dist. Junagadh, manufactures various kinds of bearings. The notification was signed by Kiran H Shah, Executive Officer Secretarial, on behalf of Austin Engineering Co. Ltd.

Austin Engineering Company Limited reported a 26% increase in net profit for the financial year ended March 31, 2026, reaching ₹44.41 crore compared to ₹35.27 crore in the previous year. Revenue from operations grew 16% to ₹119.34 crore from ₹102.92 crore in FY25. The board approved the audited standalone and consolidated financial results for the fourth quarter and full year during a meeting held on May 27, 2026.

Financial Performance

The company’s profit for the quarter ended March 31, 2026, stood at ₹9.51 crore, up from ₹7.10 crore in the same period last year. Total income for the quarter rose to ₹31.00 crore from ₹29.44 crore. For the full year, total income increased to ₹122.33 crore from ₹104.98 crore. The statutory auditors, M/s. J. C. Ranpura & Co., issued an unmodified opinion on the financial results.

Segment Results

Austin Engineering operates through two reportable segments: Bearing and Wind Turbine Power Generation. The Bearing segment generated revenue of ₹121.85 crore for the year, while the Wind Turbine Power Generation segment reported revenue of ₹0.48 crore. The total segment results for the year were ₹68.04 crore, with the Bearing segment contributing ₹65.88 crore.

Annual General Meeting

The board has fixed the date for the 48th Annual General Meeting (AGM) on September 28, 2026, at 11:00 A.M. at the company's Registered Office. The book closure period is set from September 22, 2026, to September 28, 2026, to determine shareholder eligibility for the AGM and e-voting.

Board Changes

The board noted the resignation of Mr. Jagdishchandra B. Jagani, an independent director and chairperson of all committees, effective May 20, 2026, due to preoccupancy. Consequently, the board reconstituted the Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee.