Commercial Syn Bags
139.65
+1.27(+0.92%)
Market Cap₹- Cr
PE Ratio-
Company Performance:
1D+0.92%
1M-9.31%
6M+13.79%
1Y+98.39%
5Y+64.88%
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More news about Commercial Syn Bags
04Sept 25
Commercial Syn Bags Limited Board Approves Key Director Re-appointments and Dividend
Commercial Syn Bags Limited's board has approved the re-appointment of Shri Virendra Singh Pamecha as Whole-time Director & KMP for three years and Shri Vijay Kumar Bansal as Independent Director for five years. The board recommended a final dividend of Rs. 0.40 per equity share for FY 2024-25. M/s Ishan Jain & Co. has been appointed as Secretarial Auditor for five years. The 41st AGM is scheduled for September 29, 2025, via VC/OAVM, with remote e-voting available from September 26-28, 2025.
04Sept 25
Commercial Syn Bags Limited Announces Rs 0.40 Dividend for FY 2024-25, Sets AGM Date
Commercial Syn Bags Limited has recommended a dividend of Rs 0.40 per equity share for FY 2024-25. The 41st AGM is scheduled for September 29, 2025, via video conferencing. The record date for dividend eligibility is set for September 22, 2025. The Board has also approved re-appointments of key directors and the appointment of new Secretarial Auditors, subject to shareholder approval.
08Aug 25
Commercial Syn Bags Reports 405% Surge in Q1 Net Profit, Expands Stake in UK Subsidiary
Commercial Syn Bags Limited (COMSYN) reported a 405% year-on-year increase in standalone net profit for Q1 FY24, reaching ₹505.99 lakhs. Revenue from operations grew by 19% to ₹8,938.03 lakhs. Consolidated net profit rose 187% to ₹555.40 lakhs, with revenue up 17.7% to ₹9,051.32 lakhs. The company increased its stake in UK subsidiary Smartlift Bulk Packaging Limited to 50% and acquired Erawat Vegcap Private Limited through its subsidiary. COMSYN also allotted convertible warrants to promoters and received ₹360 lakhs as upfront payment.
24Apr 25
Commercial Syn Bags Subsidiary Revises Share Purchase Agreement with Erawat Pharma, Increases Acquisition Price
Commercial Syn Bags' subsidiary, Comsyn India Private Limited, has amended its Share Purchase Agreement with Erawat Pharma Limited for acquiring Erawat Vegcap Private Limited. The revised deal increases the per-share price from ₹52.60 to ₹58.00 for 9,50,000 shares, totaling ₹5.51 crore. The acquisition is set to complete by May 15, 2025, with a staged payment plan. This move aims to expand Commercial Syn Bags' presence in the plastic products, packaging, and healthcare sectors.
Commercial Syn Bags
139.65
+1.27
(+0.92%)
1 Year Returns:+98.39%
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