Latest news about Atlas Cycle (Haryana)
Atlas Cycle (Haryana)
97.10
+0.42(+0.43%)
Company Performance:
View Company Insights1D+0.43%
1M0.00%
6M+10.22%
1Y-22.25%
5Y+46.79%
More news about Atlas Cycle (Haryana)
14May 26
Atlas Cycles (Haryana) Reports Net Loss of ₹803.62 Lakh in FY26 as Revenue Declines Sharply; Auditors Issue Multiple Qualifications
Atlas Cycles (Haryana) Limited reported a net loss of ₹803.62 lakh for FY26, reversing from a net profit of ₹951.26 lakh in FY25, as revenue from operations fell sharply to ₹690.44 lakh from ₹1,713.96 lakh. The Board approved the standalone audited results on 14th May 2026 under Regulation 33 of SEBI (LODR) Regulations, 2015. Statutory auditors Dinesh Nangru & Co. issued a modified opinion with five audit qualifications, including non-provision of interest on overdue creditor dues, default in inter-corporate loan repayment with understated losses of Rs. 99,00,000/- for FY26, non-provision of statutory audit fees, and unreconciled export advance balances. After adjusting for qualifications, the adjusted net loss stands at ₹925.45 lakh against the reported ₹803.62 lakh.
05May 26
Atlas Cycles (Haryana) Promoters File Annual No-Encumbrance Declaration for FY26 Under SEBI Takeover Regulations
Atlas Cycles (Haryana) Limited's promoters and promoter group have filed an annual no-encumbrance declaration under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for the financial year ended 31st March 2026. The declaration, submitted by Sanjay Kapur from New Delhi, covers 31 individuals and entities under the promoter and promoter group category. It confirms that no direct or indirect encumbrance has been created on promoter shareholding, beyond those already disclosed, during the said financial year. The filing was made simultaneously to the National Stock Exchange of India Ltd. and BSE Ltd.
14Apr 26
Atlas Cycles (Haryana) Limited Extends Land Sale Transaction Deadline to June 2026
Atlas Cycles (Haryana) Limited has extended the deadline for executing the sale deed of its 20-acre land in Sonepat, Haryana to June 30, 2026, following board approval of the buyer's extension request. The company has already received Rs. 34.80 crore as part consideration under the December 2024 agreement, with another Rs. 25.20 crore expected in April 2026.
07Apr 26
Atlas Cycles (Haryana) Limited Submits Q4 FY26 SEBI Compliance Certificate for Dematerialization Process
Atlas Cycles (Haryana) Limited filed its Q4 FY26 compliance certificate under SEBI Regulation 74(5) on April 7, 2026, covering the quarter ended March 31, 2026. Registrar Mas Services Limited confirmed that all dematerialization processes were completed within the mandatory 15-day timeline, with proper security certificate handling and register updates. The filing demonstrates the company's adherence to regulatory requirements for depository and participant operations.
16Jan 26
Atlas Cycles Board Approves Extension for ₹60 Crore Land Sale Deal in Sonepat
Atlas Cycles (Haryana) Limited's board has approved an extension until March 31, 2026, for completing the sale deed execution of 20 acres land in Sonepat, Haryana. The company has received ₹30 crore in tranches with another ₹30 crore due by the extended deadline, making the total transaction value ₹60 crore. The board meeting held on January 16, 2026, addressed the buyer's extension request while maintaining regulatory compliance under SEBI regulations.
16Jan 26
Atlas Cycles Reports Q3FY26 Net Loss of ₹1.50 Crore; Revenue Declines 31% YoY
Atlas Cycles (Haryana) Limited reported a net loss of ₹1.50 crore for Q3FY26 compared to a profit of ₹0.27 crore in Q3FY25, with revenue declining 31.11% to ₹1.52 crore. The nine-month performance showed a loss of ₹5.47 crore against a profit of ₹8.53 crore in the previous year. The company received board approval to extend the deadline for a ₹60 crore land sale transaction until March 31, 2026, with ₹30 crore already received.
09Jan 26
Atlas Cycles (Haryana) Limited Schedules Board Meeting for January 16, 2026 to Review Q3FY26 Financial Results
Atlas Cycles (Haryana) Limited has scheduled a board meeting for January 16, 2026, to consider and approve unaudited financial results for Q3FY26 and nine months ended December 31, 2025. The announcement complies with SEBI Regulation 29 requirements for prior intimation to stock exchanges. Company Secretary Rashpal Singh formally notified NSE and BSE about the meeting on January 9, 2026.
12Nov 25
Atlas Cycles Reports Q2 Loss and Leadership Reshuffle
Atlas Cycle (Haryana) Limited reported a net loss of Rs 238.69 lakhs for Q2 FY2026, compared to a profit of Rs 871.79 lakhs in Q2 FY2025. Revenue from operations declined to Rs 195.27 lakhs from Rs 369.70 lakhs year-over-year. The company announced leadership changes with Chander Mohan Dhall appointed as CEO and Satya Prakash Dangwal as CFO, effective November 13, 2025. Auditors highlighted concerns regarding non-provision of interest on overdue payments and default in repayment of an Inter Corporate Loan.
31Oct 25
Atlas Cycles Extends Land Sale Deadline to January 2026
Atlas Cycle (Haryana) Limited has extended the deadline for executing a sale deed for 20 acres of land in Sonepat, Haryana, to January 31, 2026. This extension, from the previous deadline of September 5, 2025, was granted following a request from the buyer on October 30, 2025. The company has been transparent about this ongoing land sale transaction, having previously communicated about it on December 7, 2024, and May 29, 2025. Atlas Cycles has committed to providing further updates on any material developments regarding this transaction in compliance with SEBI regulations.
Industry PeersAtlas Cycle (Haryana)
97.10
(+0.43%)
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