Abate AS Industries has announced the approval of its standalone and consolidated unaudited financial results for the quarter ended September 30, 2025. The company's Board of Directors convened on November 10, 2025, to review and approve these results, marking a significant corporate action for the firm.

Key Highlights

1. Bonus Share Issuance: Abate AS Industries completed a 1:1 bonus share issue on July 31, 2025, effectively doubling its equity share capital.
2. Increased Share Capital: Post-bonus issue, the company's equity share capital stands at Rs 157.60 crores, comprising 15,76,06,456 equity shares of Rs 10 each.
3. Subsidiary Operations: The company operates through three subsidiaries and one associate company:
   • Salamath Import and Exports Private Limited
   • Prudential Management Services Private Limited
   • SKY International Trading W.L.L
   • SAIA Educational Support Services W.L.L (Associate Company)

Board Meeting Details

The Board of Directors met on November 10, 2025, to discuss and approve the financial results. The meeting commenced at 4:30 PM and concluded at 6:35 PM. During this meeting, the Board approved the standalone and consolidated unaudited financial results for the quarter ended September 30, 2025, along with the Limited Review Report.

Corporate Governance

In compliance with Regulation 30 and Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, Abate AS Industries has promptly disclosed the outcome of the Board Meeting to the Bombay Stock Exchange. This transparency ensures that shareholders and potential investors are kept informed about significant corporate actions and financial performance.

The company's commitment to timely disclosure and adherence to regulatory requirements underscores its focus on maintaining good corporate governance practices. Investors and market analysts will likely be keen to analyze the detailed financial results to gauge the company's performance in the second quarter of the fiscal year 2025-2026.

As Abate AS Industries continues to grow and expand its operations through its subsidiaries and associate company, stakeholders will be watching closely to see how these entities contribute to the overall financial health and strategic direction of the company in the coming quarters.

Abate AS Industries Limited , a company listed on the Bombay Stock Exchange (BSE: 531658), has announced a significant increase in its authorized share capital. The decision, made during a board meeting on October 15, 2025, proposes to raise the company's authorized share capital by 26.6%, from Rs. 158.00 crore to Rs. 200.00 crore.

Key Details of the Capital Increase

The board's decision involves expanding the number of equity shares from 15.80 crore to 20.00 crore, while maintaining the face value of Rs. 10.00 per share. This move is subject to shareholder approval, which will be sought through a postal ballot process.

Approval Process and Corporate Actions

To facilitate the approval process, the company has taken the following steps:

1. Appointed M/s. Lakshmmi Subramanian and Associates as the scrutinizer for the postal ballot.
2. Engaged Central Depository Services (India) Limited as the e-voting facilitator.
3. Set October 17, 2025, as the cut-off date for determining member eligibility for the postal ballot notice.

The increase in authorized share capital, if approved, will require a consequent amendment to the Capital Clause (Clause V) of the company's Memorandum of Association.

Implications and Next Steps

An increase in authorized share capital is often seen as a preparatory step for future fundraising activities or potential stock splits. However, it's important to note that this increase does not immediately impact the company's issued share capital or market capitalization. Shareholders will need to closely monitor future announcements for any plans related to the utilization of this increased capital capacity.

The company will now proceed with the postal ballot process to seek shareholder approval for this significant corporate action. Investors and stakeholders should stay tuned for further updates on the voting results and any subsequent strategic moves by Abate AS Industries Limited.

As per the LODR filing, the board meeting commenced at 4:30 PM and concluded at 4:40 PM on October 15, 2025, indicating a swift decision-making process for this important corporate action.