Latest news about Candour Techtex
Candour Techtex
65.30
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Company Performance:
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1M+4.38%
6M-56.07%
1Y-44.52%
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More news about Candour Techtex
29Jun 26
Candour Techtex seeks defense entry, fund reallocation
Candour Techtex Limited will hold an EGM on July 22, 2026, to seek approval for altering its object clause to enter defense and aerospace sectors and to reallocate ₹102.60 crore of unutilized preferential issue proceeds. The company reported a net loss of ₹146.89 lakh for FY26, down from a profit of ₹67.28 lakh in FY25.
02May 26
Mangal Keshav Capital Limited Discloses Share Acquisition in Candour Techtex Limited
Mangal Keshav Capital Limited disclosed acquisition of 1,551 shares in Candour Techtex Limited through open market on April 28, 2026, increasing its holding to 41,39,951 shares representing 16.95% of total voting rights. The target company's equity share capital stands at Rs. 24,41,14,380 divided into 2,44,11,438 equity shares of Rs. 10 each, listed on BSE and MSE.
13Apr 26
Candour Techtex Limited Submits SEBI Compliance Certificate for Quarter Ended March 31, 2026
Candour Techtex Limited filed its quarterly compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026. The certificate, issued by registrar Purva Sharegistry (India) Private Limited, confirms proper handling of share dematerialisation processes during the quarter. The company submitted the filing to BSE and Metropolitan Stock Exchange, demonstrating adherence to regulatory requirements for depositories and participants.
17Feb 26
Candour Techtex Limited Issues Clarification on Preferential Allottee List Errors
Candour Techtex Limited issued clarification on preferential allottee list errors, addressing duplicate listing of Ms. Chika Nirav Gala and omission of Ms. Bhavana Rajesh Bhanushali. The company allotted 52,54,700 equity shares worth ₹65,68,37,500 to 159 allottees and 79,72,600 convertible warrants to 69 allottees, with all corrections being purely clerical in nature.
17Feb 26
Candour Techtex Limited Completes Preferential Allotment of Equity Shares and Convertible Warrants
Candour Techtex Limited completed a preferential allotment of 52,54,700 equity shares and 79,72,600 convertible warrants at Rs. 125/- per share on February 16, 2026. The company received Rs. 24,91,43,750 as 25% consideration for warrants, which are convertible within 18 months. However, allotments for 15,31,700 equity shares and 10,99,400 warrants were cancelled due to non-receipt of funds. Post-allotment, promoter shareholding will increase from 32.89% to 36.10% on a fully diluted basis.
14Feb 26
Candour Techtex Reports Net Loss of ₹63.12 Lakhs in Q3FY26, Revenue Drops 85.70%
Candour Techtex Limited reported a net loss of ₹63.12 lakhs for Q3FY26 against a profit of ₹28.08 lakhs in Q3FY25, with revenue from operations declining 85.70% to ₹664.01 lakhs. The significant revenue drop was primarily due to nil contribution from the Trading Division, which had generated ₹4,161.24 lakhs in the previous year. For nine months ended December 2025, the company posted a loss of ₹263.58 lakhs compared to a profit of ₹141.46 lakhs in the corresponding period last year.
12Jan 26
Candour Techtex Limited Announces Change in Proposed Allottee for Preferential Issue
Candour Techtex Limited has announced a change in its preferential issue allottee, replacing Mr. Anand Srivastav with Mr. Rajesh Rajnikant Shah for 20,000 equity shares under the non-promoter category. The change was necessitated after the company discovered that the original allottee was not eligible for the preferential issue. Mr. Shah will hold 0.08% of the existing paid-up share capital post-allotment, with the preferential issue having been approved at the EGM held on November 20, 2025.
12Dec 25
Candour Techtex Allots 4 Lakh Equity Shares Following Warrant Conversion Worth ₹2.51 Crores
Candour Techtex Limited completed the conversion of 4,00,000 share warrants into equity shares on December 12, 2025, allotting them to Mangal Keshav Capital Limited at ₹62.78 per warrant. The transaction raised ₹2.51 crores and increased the company's paid-up capital from ₹18.76 crores to ₹19.16 crores. With 8,00,000 warrants still pending conversion from the same holder, the company has potential for additional capital expansion.
01Dec 25
Candour Techtex Raises INR 198 Crore Through Warrants and Preferential Allotment for Technical Textiles Expansion
Candour Techtex Limited has announced a capital raise of INR 198 crore through warrants and preferential allotment. The funds will support expansion plans in the technical textiles sector, including increasing coating capacity from 3.8 million to 9.5 million meters by FY28 and lamination capacity from 6 million to 15 million meters annually. The company has also secured recent orders worth INR 20 crore from Faze Three and INR 29 crore from ASK Apparels.
22Nov 25
Candour Techtex Limited Approves Capital Expansion and Secures Strategic Orders
Candour Techtex Limited held an EGM where shareholders approved increasing authorized capital from Rs. 23.70 crores to Rs. 37.00 crores, issuing 67,86,400 preferential equity shares, and 90,72,000 convertible warrants. The company secured orders in the defense sector for parachute fabric, registered on the Government E-Marketplace, and received an order from Reliance Industries for automotive fabric lamination worth Rs 100.00 lakhs.
14Nov 25
Candour Techtex Reports Significant Revenue Decline and Continued Losses in Q2 FY2026
Candour Techtex Limited experienced a significant 69.4% quarter-on-quarter revenue drop to Rs 1,029.06 lakhs in Q2 FY2026. The company reported a net loss of Rs 108.47 lakhs, slightly improved from the previous quarter. The trading division, previously a major revenue contributor, reported no revenue. While plastic and technical textile divisions showed growth, the textile division declined. Total assets stood at Rs 8,118.84 lakhs with total equity at Rs 4,233.60 lakhs as of September 30, 2025. The company has issued a corrigendum to its EGM notice regarding a proposed preferential issue of equity shares and warrants.
13Oct 25
Candour Techtex Plans Fund Raising: Board Meeting Scheduled for October 20
Candour Techtex Limited's Board of Directors will meet on October 20, 2025, to discuss a proposal for raising funds. The company is exploring various methods including preferential issue, Qualified Institutions Placement (QIP), and issuance of equity shares or convertible securities. The board will also consider convening an Extraordinary General Meeting for shareholder approval. Any fund-raising activities will comply with SEBI regulations and the Companies Act, 2013.
05Sept 25
Candour Techtex Appoints New Company Secretary and Compliance Officer
Candour Techtex has appointed Ms. Anuradha Mohan Matkar as the new Company Secretary and Compliance Officer, effective September 5, 2025. The appointment was approved by the Board of Directors in compliance with regulatory requirements. Ms. Matkar, a qualified Company Secretary with membership number ACS 57570, brings significant experience in corporate laws and governance practices. Her responsibilities will include ensuring regulatory compliance and overseeing efficient operations within the organization.
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