Containe Technologies has announced that its register of members and share transfer books will remain closed from September 24 to September 30, 2026. This book closure is scheduled in advance of the company’s 18th Annual General Meeting (AGM), which is set for September 30, 2026.

The disclosure was made on September 8, 2026, pursuant to Regulation 42 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and Section 91 of the Companies Act, 2013. Nikitha Sarda, Company Secretary and Compliance Officer, signed the intimation.

AGM Details

The board had previously approved the date for the 18th AGM during a meeting held on September 7, 2026. The company appointed Mrs. Rashida Hatim Adenwala as the scrutinizer for the voting process. She is a practicing company secretary and founder partner at R & A Associates in Hyderabad.

Financial Performance

For the fiscal year ended March 31, 2026, Containe Technologies reported significant top-line growth. Revenue from operations rose 56.14% year-on-year to ₹239.6 crore (₹2,396.3 lakh), compared to ₹153.5 crore (₹1,534.7 lakh) in FY25. Net profit after tax increased by 14.15% to ₹10.2 crore (₹102.3 lakh), up from ₹8.9 crore (₹89.6 lakh) in the previous year.

Business Highlights

The Chairman’s speech highlighted a strategic focus on cloud-native architectures for its Intelligent Traffic Management System (ITMS). The company installed a state-of-the-art Surface-Mount Technology (SMT) line to bring electronics mounting in-house, aiming to reduce manufacturing costs and improve quality control. Additionally, Containe Technologies secured empanelment with major OEMs, including Volvo, Olectra, and Hyundai, for its AIS 140-compliant Vehicle Location Tracking Devices.

Containe Technologies has fixed August 21, 2026 as the record date for its rights issue of equity shares. The company’s board of directors approved the final details of the capital raise in a meeting held on August 17, 2026, confirming the issuance of 1,39,88,000 fully paid-up equity shares at a price of ₹15 each. In a subsequent meeting on August 20, 2026, the board approved the Letter of Offer, Rights Entitlement Letter, Common Application Form, and other issue-related materials to be filed with BSE Limited and SEBI.

The rights issue aggregates to ₹2,098.20 lakh. This follows an initial framework approval by the board on July 1, 2026, which had set an aggregate amount of up to ₹2,100 lakh. The final approval establishes the specific share count and pricing structure for the transaction. The approved materials will be dispatched to eligible equity shareholders as on the record date in due course.

Issue Details and Schedule

Shareholders holding fully paid-up equity shares as on the record date will be entitled to receive two rights equity shares for every one share held. The face value of each share is ₹10, with a premium of ₹5 per share included in the issue price.

Eligible shareholders will have their rights entitlements credited in dematerialised form to their demat accounts prior to the issue opening date. The company has arranged with NSDL and CDSL to facilitate this process.

Renunciation and Subscription Timeline

Shareholders may renounce their rights entitlements either on-market or off-market. The last date for on-market renunciation is September 22, 2026, while the deadline for off-market renunciation is September 24, 2026. The issue closes on September 25, 2026.

The board retains the right to extend the issue period, provided it does not remain open for more than 30 days from the opening date. No withdrawal of applications will be permitted after the issue closing date.

Capital Structure Impact

Prior to the issue, Containe Technologies has 69,94,000 fully paid-up equity shares outstanding. Assuming full subscription, the post-issue outstanding shares will stand at 1,39,88,000. This represents a significant increase in the company's equity base.

The entire issue price is payable at the time of application. Further terms, including those related to fractional entitlements, will be detailed in the Letter of Offer filed by the company.