Signet Industries Limited promoter Mukesh Sangla has declared that the promoter group holds 2,14,58,281 equity shares as of March 31, 2026, with no encumbrance created on the holding during the financial year ended March 31, 2026. The disclosure, submitted to the stock exchanges, confirms that the shares held by the promoters and the promoter group remain free of any direct or indirect charges. This compliance filing was made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Disclosure Details

The declaration was made on behalf of all promoters and the promoter group of Signet Industries Limited . The filing confirms the total shareholding and the status of encumbrance for the specified period.

Shareholding Summary

Regulatory Context

The disclosure was addressed to the Listing Department of the National Stock Exchange of India Ltd and the Corporate Relationship Department of BSE Limited. The submission ensures compliance with the SEBI regulations regarding substantial acquisition of shares and takeovers, requiring promoters to periodically disclose the status of their holdings and any encumbrances thereon.

Signet Industries reported a net profit of ₹1615.54 lakh for the financial year ended March 31, 2026, representing a 3.3% increase compared to ₹1564.15 lakh in the previous year. Revenue from operations rose to ₹134678.88 lakh for FY26 from ₹117909.43 lakh in FY25, driven primarily by the Trading segment. The Board of Directors has recommended a dividend of ₹0.5 per equity share of ₹10 each, subject to shareholder approval at the ensuing Annual General Meeting.

For the quarter ended March 31, 2026, the company recorded a net profit of ₹684.74 lakh, a decrease from ₹740.86 lakh in the same quarter of the previous year. Revenue for the quarter stood at ₹39061.11 lakh. The financial results include an exceptional item of ₹499.37 lakh, representing losses from a fire that occurred at the Pithampur plant on April 11, 2025, which damaged inventory of HDPE and Sprinkler Pipes. No human casualties were reported in the incident.

The Board, in its meeting held on May 30, 2026, approved the audited financial results and the appointment of auditors for the upcoming fiscal year. M/s Dhananjay V. Joshi & Associates were appointed as Cost Auditors for FY27, while Mr. Ritesh Bhansali was appointed as the Internal Auditor for the same period. The results were reviewed by the Audit Committee and approved by the Board.

Segment-wise performance for FY26 showed the Trading segment contributing the highest revenue at ₹90681.80 lakh, followed by Manufacturing at ₹43904.83 lakh. The Manufacturing segment reported a profit of ₹7447.41 lakh, while the Trading segment reported a profit of ₹1856.34 lakh. The Windmill segment recorded a loss of ₹6.22 lakh. Total assets as of March 31, 2026, stood at ₹96044.50 lakh, an increase from ₹84748.24 lakh in the previous year.

The company noted that the Government of India's new Labour Codes, effective from November 21, 2025, have been assessed, and a provision of ₹16.98 lakhs has been made in the Statement of Profit & Loss. Statutory Auditors M/s SMAK & Co. issued an audit report with an unmodified opinion on the standalone financial results for the quarter and year ended March 31, 2026.

Financial Results for FY26

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE529F01035/18a8c75dde6c40f7.pdf