Nagpur Power and Industries' Company Secretary Praveen Bhati Resigns

1 min read     Updated on 08 Sept 2025, 06:56 PM
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Overview

Praveen Bhati has resigned as Company Secretary & Compliance Officer of Nagpur Power & Industries Limited (NPIL). Bhati's resignation, citing better career opportunities, was tendered on September 05, 2025, and will be effective from October 03, 2025. NPIL's board has accepted the resignation, which was disclosed in compliance with SEBI regulations.

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Nagpur Power & Industries Limited (NPIL) has announced the resignation of Praveen Bhati from his position as Company Secretary & Compliance Officer. The company, listed on the BSE with scrip code 532362, made this disclosure in compliance with SEBI regulations.

Resignation Details

Praveen Bhati, who holds membership number A71212, tendered his resignation on September 05, 2025. The company has accepted his resignation, and he will be relieved from his responsibilities at the close of business hours on October 03, 2025. Bhati cited better career opportunities as the reason for his departure.

Key Points

Item Detail
Resignation Date September 05, 2025
Effective Date of Relief October 03, 2025
Position Held Company Secretary & Compliance Officer
Key Managerial Person Yes

Company's Response

NPIL's board has accepted Bhati's resignation. The company made this announcement in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

About Nagpur Power and Industries Limited

Nagpur Power and Industries Limited, with CIN L40100MH1996PLC104361, has its registered office at 'Nirmal', 20th Floor, Nariman Point, Mumbai-400021. The company can be contacted at +91 22 2202 3055/66 or via email at npil_investor@khandelwalindia.com .

The announcement was signed by Gautam Khandelwal, Director of Nagpur Power and Industries Limited, holding DIN: 00270717.

Historical Stock Returns for Nagpur Power & Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.99%+1.64%-13.61%-8.27%-28.50%+334.06%
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Nagpur Power and Industries Reports Q1 FY26 Results, Approves AGM Preparations

1 min read     Updated on 14 Aug 2025, 04:57 PM
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Jubin VergheseScanX News Team
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Overview

Nagpur Power & Industries Limited (NPIL) announced Q1 FY26 results with consolidated revenue up 27.8% to Rs 1,563.89 crore, but profit after tax down 36.6% to Rs 38.67 crore. The Electrical Division was the primary revenue driver. The board approved Q1 results, Director's Report, and AGM-related matters. Trading window for insiders will reopen 48 hours post results declaration.

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Nagpur Power & Industries Limited (NPIL) has announced its unaudited financial results for the first quarter ended June 30, 2025, along with key corporate decisions made during a recent board meeting.

Financial Performance

On a consolidated basis, NPIL reported:

Metric Q1 FY26 Q1 FY25 YoY Change
Revenue from Operations Rs 1,563.89 crore Rs 1,223.25 crore +27.8%
Profit After Tax Rs 38.67 crore Rs 61.00 crore -36.6%
Basic EPS Rs 0.30 Rs 0.47 -36.2%

The company's revenue from operations saw a significant increase of 27.8% year-over-year, rising from Rs 1,223.25 crore in Q1 FY25 to Rs 1,563.89 crore in Q1 FY26. However, profit after tax decreased by 36.6%, from Rs 61.00 crore to Rs 38.67 crore during the same period.

Segment Performance

NPIL operates through three reportable segments:

  1. High/Medium/Low Carbon Ferro Manganese and Silico Manganese Slag
  2. Electrical Division
  3. Electro Mechanical Division

The Electrical Division emerged as the primary revenue driver, contributing Rs 1,136.05 crore to the total revenue. The Electro Mechanical Division generated Rs 427.84 crore in revenue.

Standalone Results

On a standalone basis, NPIL reported:

  • No revenue from operations
  • Profit after tax of Rs 34.75 crore
  • Basic EPS of Rs 0.27

Corporate Actions

During the board meeting held on August 14, 2025, NPIL's Board of Directors approved several key items:

  1. Unaudited financial results (standalone and consolidated) for Q1 FY26
  2. Director's Report for the financial year ended March 31, 2025
  3. Draft notice for the 29th Annual General Meeting (AGM)
  4. Book closure dates for the 29th AGM
  5. Appointment of Mr. Sanam Umbargikar as scrutinizer for e-voting at the AGM

Trading Window

In compliance with SEBI regulations, the 'Trading Window' for insiders will reopen 48 hours after the declaration of the Q1 FY26 financial results.

The financial results reflect a mixed performance for Nagpur Power and Industries Limited, with strong revenue growth but a decline in profitability. The company's focus on its electrical and electro-mechanical divisions continues to drive its operational performance.

Historical Stock Returns for Nagpur Power & Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.99%+1.64%-13.61%-8.27%-28.50%+334.06%
Nagpur Power & Industries
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