Pritika Auto Industries Limited , a prominent player in the auto components sector, has announced its decision to voluntarily delist its shares from The Calcutta Stock Exchange Limited (CSE). This strategic move marks a significant development for the company's listing status.

Delisting Announcement

The company made the announcement public through a notice published in the Hindi newspaper 'Dainik Savera Times' on July 29, 2025. Following this, Pritika Auto Industries promptly informed the National Stock Exchange of India Limited (NSE) and BSE Limited about the newspaper publication, adhering to regulatory disclosure requirements.

Current Listing Status

Pritika Auto Industries currently maintains its presence on multiple stock exchanges:

Implications and Next Steps

The voluntary delisting from the Calcutta Stock Exchange is part of the company's strategic decisions regarding its public listing. While the exact reasons for the delisting were not specified in the announcement, such moves are often undertaken to streamline operations, reduce compliance costs, or align with the company's long-term objectives.

It's important to note that this delisting is specific to the Calcutta Stock Exchange and does not affect the company's listing on the NSE and BSE, where it will continue to be traded.

Investor Communication

In line with regulatory requirements and to ensure transparency, Pritika Auto Industries has taken steps to communicate this development to its stakeholders:

1. Newspaper Publication: The notice was published in 'Dainik Savera Times' on July 29, 2025, reaching a wide Hindi-speaking audience.
2. Stock Exchange Notifications: The company has duly informed both NSE and BSE about the newspaper publication and the delisting process.

Company Background

Pritika Auto Industries Limited, with its registered office in Mohali, Punjab, is known for its presence in the auto components manufacturing sector. The company, bearing the CIN L45208PB1980PLC046738, continues to maintain its primary listings on the NSE and BSE.

Investors and stakeholders are advised to stay tuned for further updates from the company regarding the delisting process and any potential impact on share trading on the Calcutta Stock Exchange.

Pritika Auto Industries Ltd (NSE: PRITIKAUTO, BSE: 539359), a leading manufacturer of tractor components in India, has reported a robust performance for the third quarter of fiscal year 2025, along with significant strategic developments that promise to bolster its market position.

Q3 FY25 Financial Highlights

The company has posted impressive growth in its financial results for Q3 FY25:

Pritika Auto Industries witnessed a significant year-on-year revenue growth of 13.86%, reaching ₹80.65 crore in Q3 FY25. This growth was primarily attributed to higher volume sales. The company's EBITDA saw a 15.19% increase to ₹13.38 crore, with the EBITDA margin improving by 19 basis points to 16.59%. Profit After Tax (PAT) also showed a healthy growth of 11.03%, amounting to ₹4.42 crore for the quarter.

Strategic Developments

Rights Issue Approval

In a move to strengthen its financial position and support expansion plans, Pritika Auto's Board of Directors has approved a rights issue to raise up to ₹49.90 crore. This capital infusion is expected to fuel future growth opportunities and enhance shareholder value.

New Production Line

The company has announced the commencement of commercial production for components ordered by a leading multinational tractor manufacturer in India. This new production line, which passed rigorous inspections and trials, is estimated to generate an annual business of approximately ₹51.50 crore, with long-term visibility extending over the next four to five years.

Management Commentary

Mr. Harpreet Singh Nibber, Chairman & Managing Director of Pritika Auto Industries Limited, expressed satisfaction with the quarter's performance, stating, "This quarter's performance has been in line with expectations, given the cyclicality in market conditions." He highlighted the strategic importance of the rights issue and the new production line, emphasizing their potential to drive sustainable growth and strengthen the company's market position.

Future Outlook

Pritika Auto Industries is optimistic about its future prospects, supported by an expanding product portfolio that now includes more value-added products. The company is actively developing products tailored for the railways sector, which it sees as a key target segment for growth.

Mr. Nibber concluded, "As the Company moves forward, we remain dedicated to our core values of quality, innovation, and customer satisfaction. We look forward to achieving many more milestones and contributing significantly to the automotive industry."

With these strategic initiatives and a focus on diversification, Pritika Auto Industries appears well-positioned to capitalize on opportunities in the automotive components sector, particularly in the tractor and commercial vehicle segments.