Spectrum Electrical Industries Ltd has received in-principle listing approval from both the National Stock Exchange of India Limited (NSE) and BSE Limited for 13,73,625 fully paid-up equity shares. These shares were allotted on a preferential basis at a price of ₹2,002 each.

The allotment comprises equity shares with a face value of ₹10 each. The issue price includes a premium of ₹1,992 per share. The approval was granted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Listing details and conditions

The NSE issued its approval letter (No. NSE/LIST/57509) and the BSE issued its letter (No. LOD/PREF/DD/FIP/875/2026-27) on October 1, 2026. The shares bear distinctive numbers from 15713841 to 17087465.

Trading approval will be granted only after the company files:

• Confirmation letters from NSDL/CDSL regarding the credit of shares to beneficiary accounts.
• Confirmation of lock-in of pre-preferential holding, if applicable.

The company must ensure compliance with Regulation 167 of SEBI (ICDR) Regulations. Additionally, if the change exceeds two percent of the total paid-up share capital, the company must file the shareholding pattern in XBRL mode as required under Regulations 31(1)(c) of SEBI LODR Regulations, 2015.

Spectrum Electrical Industries Limited held its 18th Annual General Meeting (AGM) on September 30, 2026. The meeting focused on the adoption of standalone and consolidated financial statements for the fiscal year ended March 31, 2026.

Meeting details and attendance

The AGM was conducted at the company's registered office in Jalgaon, Maharashtra. The session commenced at 11:30 am and concluded at 11:55 am. Deepak Suresh Chaudhari, Chairman and Managing Director, chaired the proceedings. Yuti Nagarkar, Practicing Company Secretary, served as the scrutinizer for the voting process.

Key resolutions passed

Members considered and approved several ordinary business items as outlined in the meeting notice:

Voting procedure

Voting was conducted via remote e-voting facilities and ballot papers for members present in person. The results were scheduled for dissemination to stock exchanges and the company website within two working days of the meeting's conclusion.