Ecoboard Industries Approves Rs. 36.5 Crore Share Capital Increase and Rs. 17.58 Crore Preferential Issue

1 min read     Updated on 11 Oct 2025, 05:39 PM
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Ashish ThakurScanX News Team
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Overview

Ecoboard Industries Limited's board has approved an increase in authorized share capital from Rs. 34.00 crores to Rs. 36.50 crores. The company plans to raise Rs. 17.58 crores through a preferential allotment of 52,49,252 equity shares at Rs. 33.50 per share. This includes 34,32,835 shares for loan conversion to a promoter and 18,16,417 shares to public investors. The move will increase promoter holding from 35.02% to 39.69%. An EGM is scheduled for November 7, 2025, to seek shareholder approval.

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*this image is generated using AI for illustrative purposes only.

Ecoboard Industries Limited has announced significant changes to its capital structure and funding strategy, as approved by its board of directors on October 11, 2025. The company is set to increase its authorized share capital and raise funds through a preferential allotment of shares.

Authorized Share Capital Increase

The board has approved an increase in the company's authorized share capital from Rs. 34.00 crores to Rs. 36.50 crores. This will be achieved by creating an additional 25 lakh equity shares with a face value of Rs. 10 each. The move aims to provide Ecoboard Industries with greater flexibility in its capital structure.

Preferential Allotment Details

Ecoboard Industries has also given the green light to raise Rs. 17.58 crores through a preferential allotment of equity shares. The key details of this allotment are as follows:

Particulars Details
Number of Shares 52,49,252
Issue Price Rs. 33.50 per share
Floor Price Rs. 33.47 per share
Total Funds to be Raised Rs. 17.58 crores

The preferential issue includes two components:

  1. 34,32,835 shares to be allotted to promoter Rama Krishna Raju Gottumukkala for conversion of an existing loan.
  2. 18,16,417 shares to be issued to public investors for cash consideration.

Impact on Shareholding Pattern

The preferential allotment will lead to changes in the company's shareholding structure:

Category Pre-Issue Holding Post-Issue Holding
Promoter & Promoter Group 35.02% 39.69%
Public 64.98% 60.31%

Extraordinary General Meeting

An Extraordinary General Meeting (EGM) has been scheduled for November 7, 2025, to seek shareholder approval for these proposals. The EGM will be conducted through video conferencing or other audio-visual means.

E-Voting Details

Particulars Dates
Cut-off Date for E-voting October 31, 2025
E-voting Period November 4, 2025 (9:00 AM IST) to November 6, 2025 (5:00 PM IST)

Investors and stakeholders should note that these corporate actions are subject to shareholder approval and other regulatory clearances. The move is aimed at fostering business growth, strengthening operational capabilities, and ensuring long-term financial stability for Ecoboard Industries Limited.

Historical Stock Returns for Ecoboard Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.02%+0.52%-4.76%+14.16%+6.74%+1,119.51%
Ecoboard Industries
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Ecoboard Industries Reports 70% Revenue Decline and Widening Losses in Q1

1 min read     Updated on 17 Aug 2025, 05:18 PM
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Reviewed by
Riya DeyScanX News Team
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Overview

Ecoboard Industries Limited experienced a significant financial downturn in Q1. Total income from operations fell by 70.4% to Rs. 170.87 lakhs compared to Rs. 577.38 lakhs in the previous year. Net losses widened to Rs. 336.29 lakhs from Rs. 117.41 lakhs. EPS deteriorated to -Rs. 1.22 from -Rs. 0.66. For the full fiscal year 2025, the company reported total income of Rs. 1373.35 lakhs and a net loss of Rs. 1828.32 lakhs, with accumulated losses reaching Rs. 2288.37 lakhs. The paid-up equity share capital remained at Rs. 1783.20 lakhs.

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*this image is generated using AI for illustrative purposes only.

Ecoboard Industries Limited has reported a significant decline in its financial performance for the first quarter, as per the company's latest unaudited financial results.

Sharp Revenue Decline

The company's total income from operations plummeted by 70.4% to Rs. 170.87 lakhs, compared to Rs. 577.38 lakhs in the same quarter of the previous year. This substantial decrease in revenue highlights the challenging operating environment faced by Ecoboard Industries during the quarter.

Widening Losses

The financial strain on Ecoboard Industries intensified as net losses widened considerably. The company reported a net loss of Rs. 336.29 lakhs for the quarter, a significant increase from the Rs. 117.41 lakhs loss recorded in the corresponding quarter last year.

Deteriorating Earnings Per Share

As a result of the expanded losses, the company's earnings per share (EPS) deteriorated to -Rs. 1.22, down from -Rs. 0.66 in the same period last year. This decline in EPS reflects the increased pressure on shareholder value.

Financial Overview

Metric Q1 FY2026 Q1 FY2025 Change (%)
Total Income 170.87 577.38 -70.40
Net Loss 336.29 117.41 186.40
EPS -1.22 -0.66 -84.80

All financial figures in Rs. lakhs, except EPS in Rs.

Full Year FY2025 Performance

For the full fiscal year 2025, Ecoboard Industries reported:

  • Total income: Rs. 1373.35 lakhs
  • Net loss: Rs. 1828.32 lakhs
  • Accumulated losses: Rs. 2288.37 lakhs

The company's paid-up equity share capital remained unchanged at Rs. 1783.20 lakhs.

Disclosure and Transparency

Ecoboard Industries Limited has submitted these unaudited financial results through newspaper publications in Financial Express and Loksatta, adhering to regulatory disclosure requirements and maintaining transparency with its stakeholders.

The significant decline in revenue and widening losses present a challenging picture for Ecoboard Industries. Investors and stakeholders will likely be closely monitoring the company's future performance and any strategic initiatives to address these financial headwinds.

Historical Stock Returns for Ecoboard Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.02%+0.52%-4.76%+14.16%+6.74%+1,119.51%
Ecoboard Industries
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