Earkart Limited Secures ₹6.25 Crore Government Contract for Digital Hearing Aid Components

1 min read     Updated on 20 Nov 2025, 04:08 PM
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Reviewed by
Radhika SScanX News Team
Overview

Earkart Limited has been awarded a ₹6.25 crore contract by the Government e-Marketplace (GeM) to supply 26,000 sets of components for BTE Digital Hearing Aid kits to ALIMCO, under the Ministry of Social Justice and Empowerment. The contract, awarded on November 19, is expected to positively impact the company's revenue. Earkart disclosed this information to BSE Limited on November 20, in compliance with SEBI regulations.

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Earkart Limited, a company specializing in hearing aid technology, has announced a significant development in its business operations. The company has been awarded a government contract worth ₹6.25 crore to supply components for BTE (Behind The Ear) Digital Hearing Aid kits.

Contract Details

The contract, awarded through the Government e-Marketplace (GeM), involves supplying 26,000 sets of components for BTE Digital Hearing Aid kits to Artificial Limbs Manufacturing Corporation of India (ALIMCO), which operates under the Ministry of Social Justice and Empowerment. Here are the key details of the contract:

Aspect Details
Customer ALIMCO (Ministry of Social Justice and Empowerment)
Contract Number GEMC-511687700792347
Bid Number GEM/2025/B/6523047
Date of Award 19 November 2025
Order Quantity 26,000 sets
Contract Value ₹6.25 crore

Impact on Revenue

Earkart Limited has stated that this supply contract is expected to contribute positively to the company's revenue during the contract period. The exact timeline for the contract fulfillment has not been disclosed in the available information.

Company's Disclosure

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Earkart Limited has formally intimated the BSE Limited about this development. The disclosure was made on 20th November 2025, a day after the contract was awarded.

This government order represents a significant opportunity for Earkart Limited to strengthen its position in the hearing aid technology sector while contributing to the social welfare initiatives of the government.

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Earkart Limited Announces Board Decisions and Q2 FY2026 Results Post-IPO

1 min read     Updated on 15 Nov 2025, 12:14 AM
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Reviewed by
Jubin VScanX News Team
Overview

Earkart Limited (BSE: 544549) held a board meeting on November 14, 2025, approving several important measures. The board authorized an ESOP scheme application, appointed N Kothari & Associates as Secretarial Auditor for FY 2025-26, and approved unaudited financial results for Q2 and H1 ending September 30, 2025. The company completed its IPO, issuing 3,315,000 equity shares at Rs 135 per share, increasing its paid-up capital to Rs 1,375.39 lakhs and generating a share premium of Rs 4,097.65 lakhs. Earkart has committed to transparency by ensuring timely disclosure of these developments to BSE Limited and making detailed financial results available on its website.

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

Earkart Limited (BSE: 544549), a recently listed company, has made several key announcements following its board meeting held on November 14, 2025. The company, which completed its Initial Public Offering (IPO) earlier this year, has taken significant steps in corporate governance and financial reporting.

Board Approvals and Appointments

The board of directors has approved the following measures:

  1. ESOP Scheme Authorization: The board has authorized an in-principle application for the issuance of Employee Stock Ownership Plan (ESOP) under the "Earkart ESOP Scheme 2025". This move is likely aimed at aligning employee interests with the company's long-term growth.

  2. Secretarial Auditor Appointment: N Kothari & Associates has been appointed as the Secretarial Auditor for the fiscal year 2025-26. The firm, registered with the Institute of Company Secretaries of India (ICSI), brings expertise in compliance audit, assurance services, and legal advisory.

Financial Results

The board has approved the unaudited standalone financial results for the quarter and half-year ended September 30, 2025. These results have been reviewed by the company's Peer Reviewed Auditor, M/s Gianender & Associates, Chartered Accountants.

Post-IPO Capital Structure

Earkart Limited successfully completed its IPO during the reported period, with the following details:

Particulars Details
Number of Equity Shares Issued 3,315,000
Issue Price per Share Rs 135.00
Increase in Paid-up Capital From Rs 1,043.89 lakhs to Rs 1,375.39 lakhs
Share Premium Generated Rs 4,097.65 lakhs

This capital raise has significantly bolstered the company's financial position, providing resources for potential growth initiatives.

Compliance and Transparency

In line with regulatory requirements, Earkart Limited has ensured timely disclosure of these developments to the BSE Limited. The company has also stated that the detailed financial results and related documents will be made available on its official website ( https://earkart.com ), demonstrating a commitment to transparency for its shareholders and the investing public.

The board meeting, which commenced at 3:00 P.M. and concluded at 6:00 P.M. on November 14, 2025, marks a significant milestone for Earkart Limited as it navigates its post-IPO phase. Investors and market watchers will likely keep a close eye on how the company utilizes its newly raised capital and implements its ESOP scheme in the coming months.

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