Simplex Castings Ltd. has successfully completed another preferential allotment, issuing 5,061 equity shares to Abhishek Danbhadur Singh for ₹25,00,134. This follows the company's earlier allotment of 4,20,043 equity shares worth ₹20.75 crore to four non-promoter investors. The Board of Directors approved this latest allotment through circular resolution dated March 31, 2026, in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Latest Share Allotment Details

The new equity shares were issued at ₹494 per share, including a premium of ₹484 per share over the face value of ₹10 each. The complete allotment details are as follows:

Previous Allotment Summary

The company had earlier completed allotment of 4,20,043 equity shares raising ₹20,75,01,242 from four non-promoter investors:

Updated Share Capital Position

Following the latest allotment, Simplex Castings' paid-up share capital has increased further:

Regulatory Compliance

Both preferential issues received necessary approvals from shareholders through Special Resolution passed in the Extra-Ordinary General Meeting held on March 2, 2026. BSE Limited granted in-principle approval for the issues through its letter dated March 16, 2026. The company will apply for listing and trading approval of all newly allotted equity shares in due course.

Investor Impact

Abhishek Danbhadur Singh now holds 5,061 shares representing 0.06% of the post-allotment equity capital. Combined with the previous allotments, the total fundraising through preferential allotments amounts to ₹21,00,01,376. The newly allotted equity shares will rank pari-passu with existing equity shares and remain locked-in for the specified period under Chapter V of the SEBI ICDR Regulations.

These successive preferential allotments demonstrate continued investor interest in Simplex Castings and strengthen the company's capital base for future business operations and growth initiatives.

Simplex Castings has announced a significant boost to its order book with new contracts worth ₹41.38 crores from major industrial clients. The company secured these orders from prominent players including BHEL, ThyssenKrupp, and SMS, demonstrating its strong market position in the casting industry.

Order Book Enhancement

The new order wins have substantially strengthened the company's business pipeline, with the total order book now standing at ₹61.98 crores. The execution of these orders is scheduled to be completed by March 2026, providing revenue visibility for the company over the next period.

Strategic Client Diversification

The order wins reflect Simplex Castings' ability to secure business from a diverse range of industrial clients. The client portfolio includes BHEL, a major public sector enterprise in the power and infrastructure sector, along with international players ThyssenKrupp and SMS, showcasing the company's capability to serve both domestic and global industrial requirements.

Business Outlook

With the enhanced order book position, Simplex Castings has established a solid foundation for revenue generation through March 2026. The diversified client base across different industrial segments provides stability and reduces dependency on any single customer or sector.