Talbros Engineering Limited has acquired a 40,000 sq. ft. industrial premises in Pithampur, Madhya Pradesh, for a total consideration of ₹25 crore. The facility is located at Plot No. 70-B, Sector – 3, Industrial Growth Centre, and was purchased from M/s Lakhani Rubber Products Private Limited, the registered lessee of the property. The acquisition is aimed at supporting future expansion and the development of new projects. The transaction was conducted at arm's length and does not constitute a related party transaction.

Transaction Overview

The formal agreement to sell was executed between Talbros Engineering Limited and M/s Lakhani Rubber Products Private Limited. The seller does not belong to the promoter, promoter group, or group companies of the buyer. The key details of the transaction are outlined below:

Regulatory Compliance

Talbros Engineering stated that any updates regarding the commencement of commercial production or operations related to any unit or division will be communicated separately once those activities begin. The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the information is also available on the company's website.

Talbros Engineering Limited reported a 44.6% rise in net profit for the financial year ended March 31, 2026, to ₹2,916.08 lakh, compared to ₹2,017.09 lakh in the previous year. Revenue from operations for the year increased to ₹53,575.84 lakh from ₹44,608.89 lakh in FY25. The board has recommended a final dividend of ₹3.00 per equity share for the financial year ended March 31, 2026, subject to shareholder approval at the ensuing Annual General Meeting.

The board approved the audited standalone financial results for the quarter and year ended March 31, 2026, in a meeting held on May 29, 2026. The statutory auditors, M/s Rakesh Raj & Associates, issued an audit report with an unmodified opinion on the results. For the quarter ended March 31, 2026, the company posted a net profit of ₹954.82 lakh, up from ₹531.71 lakh in the corresponding quarter of the previous year.

Financial Performance

The company’s total income for FY26 stood at ₹53,923.33 lakh, a significant increase from ₹44,652.03 lakh in the prior year. Total expenses for the year rose to ₹49,993.56 lakh from ₹41,931.56 lakh. Profit before tax for the year was ₹3,929.76 lakh, compared to ₹2,720.47 lakh in FY25.

Board Approvals and Appointments

The board approved the re-appointment of Mrs. Shashi Khurana as a Non-Executive and Independent Director for a second term of five consecutive years, effective from May 23, 2027, to May 22, 2032. This appointment is subject to the approval of shareholders at the upcoming Annual General Meeting. Additionally, M/s. Bansal Harshit & Associates were appointed as Internal Auditors for the financial year 2026-27.

The board also approved an investment by way of subscription to equity shares of Talbros Nextgen Private Limited, a newly incorporated wholly-owned subsidiary. The subsidiary was incorporated on May 12, 2026, with the objective of diversifying and expanding the company’s current business operations into manufacturing parts and accessories for the automotive industry.