ESAB India Limited has announced a board meeting scheduled for May 27, 2026, to approve its audited financial results for the financial year ending March 31, 2026. The company issued this notification on March 27, 2026, under Regulation 29(1)(a) & (e) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The meeting will be held on Wednesday, May 27, 2026, with the primary agenda being the approval of audited financial results for FY26. The company has indicated that the Board of Directors may recommend a final dividend to equity shareholders based on these audited results.

Publication and Disclosure Timeline

The audited financial results will be communicated to stock exchanges within the prescribed timeline following the board meeting's closure. The results are scheduled for publication in two newspapers:

• Business Standard (English)
• Makkal Kural (Tamil)

Trading Window Closure

In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and subsequent amendments from 2018, ESAB India has implemented a trading window closure. This restriction affects all designated employees, including directors, preventing them from trading in company shares during the specified period.

The company has formally notified all designated personnel about the trading restrictions during this closure period. This measure ensures compliance with insider trading regulations and maintains market integrity during the financial results disclosure process.

Company Information

ESAB India Limited operates from multiple locations including its registered office and Ambattur plant in Chennai, along with facilities in Irungattukottai and Kalmeshwar. The notification was signed by G. Balaji, Company Secretary, and submitted to both National Stock Exchange of India Limited and BSE Limited.

Nippon India Mutual Fund has significantly increased its shareholding in esab india Limited, acquiring additional equity shares through open market purchases that brought its total stake to 5.35% of the company's voting capital.

Acquisition Details

The mutual fund acquired 4,11,141 shares representing 2.67% of ESAB India's total share capital through open market transactions. This acquisition was executed over an extended period from October 16, 2020 to February 19, 2026, demonstrating a systematic accumulation strategy.

Company Structure and Capital

ESAB India Limited maintains a stable equity structure with a total share capital of Rs 15,39,30,200, comprising 1,53,93,020 shares at a face value of Rs. 10 per share. The company's shares are listed on both the National Stock Exchange of India Limited and BSE Limited.

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Nippon India Mutual Fund, operating through Nippon Life India Trustee Limited, confirmed that it does not belong to the promoter or promoter group of ESAB India Limited.

Fund Management Details

The acquisition was executed by Nippon Life India Asset Management Limited on behalf of Nippon India Mutual Fund. The fund management company is headquartered at 30th Floor, One Lodha Place, Senapati Bapat Marg, Lower Parel, Mumbai, and maintains comprehensive contact details for investor relations and regulatory communications.

The systematic nature of this acquisition, spanning over five years, indicates a strategic long-term investment approach by the mutual fund in ESAB India's equity shares.