Acknit Industries
274.80
+14.35(+5.51%)
Market Cap₹83.56 Cr
PE Ratio10.24
IndustryTextiles
Company Performance:
1D+5.51%
1M-5.24%
6M+2.77%
1Y+16.64%
5Y+153.74%
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More news about Acknit Industries
18Dec 25
Acknit Industries Limited Announces Postal Ballot Results with Both Resolutions Passed
Acknit Industries Limited successfully concluded its postal ballot process conducted from November 19 to December 18, 2025, with both resolutions being passed. The special resolution for amending the Memorandum of Association and ordinary resolution for material related party transactions with Safewell Industries received overwhelming support from shareholders. The process was supervised by scrutinizer Ms. Rekha Goenka and conducted entirely through NSDL's remote e-voting platform, ensuring full regulatory compliance.
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25Oct 25
Acknit Industries to Close Segment of Falta SEZ Unit Amid US Tariff Challenges
Acknit Industries Limited has decided to close operations at one segment of its manufacturing unit in Falta Special Economic Zone (SEZ) Unit-1. The closure, approved by the Board on October 24, 2025, is due to increased US tariffs and lack of fresh orders from other countries. The company assures that the impact on overall performance will be minimal, with insignificant effects on revenue, net worth, and profitability. Management is implementing measures to substitute manufacturing output through viable alternatives. The exact closure date is pending approval from appropriate authorities. Operations will continue in unaffected areas of the unit.
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04Aug 25
Acknit Industries Expands Manufacturing Facilities, Approves Q1 FY2026 Results
Acknit Industries Limited announced two major manufacturing expansions: a new industrial and readymade garment facility in West Bengal, expected to be operational this financial year, and an expansion of hand glove manufacturing facilities at Falta Industrial Park. The company's Board approved unaudited financial results for Q1 FY2026 (ended June 30, 2025) and reviewed the Limited Review Report from statutory auditors. The Board meeting was held on August 4, 2025, from 3:00 PM to 5:00 PM.
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Acknit Industries
274.80
+14.35
(+5.51%)
1 Year Returns:+16.64%
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