Latest news about Darjeeling Industries
Darjeeling Industries
32.54
-1.71(-4.99%)
Company Performance:
View Company Insights1D-4.99%
1M-16.84%
6M-24.62%
1Y-8.08%
5Y+598.28%
More news about Darjeeling Industries
23Sept 25
Darjeeling Ropeway Allots 70 Lakh Convertible Warrants, Poised for Significant Capital Expansion
Darjeeling Ropeway Company Limited has approved and allotted 70 lakh convertible warrants to non-promoter investors on a preferential basis. Priced at Rs 16.80 per share, the warrants could potentially increase the company's paid-up equity share capital from Rs 3.05 crore to Rs 10.05 crore upon full conversion. The company has received an initial payment of Rs 2.94 crore, representing 25% of the total consideration of Rs 11.76 crore. The warrants are convertible into equity shares within 18 months of allotment, distributed among 10 non-promoter investors.
12Sept 25
Darjeeling Ropeway Company Secures BSE Approval for 70 Lakh Warrant Issue
Darjeeling Ropeway Company Limited has received in-principle approval from BSE Limited to issue 70,00,000 warrants convertible into equity shares on a preferential basis. Each warrant, priced at not less than Rs. 16.80, is convertible into one equity share with a face value of Rs. 10. The warrants will be allotted to non-promoters. The company must comply with regulatory requirements, strengthen internal controls, and complete post-issue formalities, including applying for listing within 20 days of allotment.
09Sept 25
Darjeeling Ropeway Company Secures Rs 1 Crore Purchase Order for Food Commodities
Darjeeling Ropeway Company Limited has received a purchase order worth Rs 1 crore from HDL Foods India Private Limited. The order includes supplying 1,00,000 kg each of Moong (Whole), Math, and Mausami Chana. The company disclosed this development to BSE in compliance with SEBI regulations, emphasizing that it's not a related party transaction. The execution timeline will be mutually agreed upon by both parties.
14Aug 25
Darjeeling Ropeway Company Seeks to Diversify into Seven New Business Sectors
Darjeeling Ropeway Company Limited's Board of Directors has approved the addition of seven new business objects to its Memorandum of Association, pending shareholder approval at the AGM on August 19, 2025. The expansion includes sectors such as aviation spare parts, solar energy, electronic components, electric vehicles, IT consultancy, agro-food processing, and machinery manufacturing. The decision aims to diversify operations and potentially open new revenue streams. The AGM will be conducted via video conferencing, where shareholders will vote on the proposed changes.
28Jul 25
Darjeeling Ropeway Company Reports Loss, Appoints New Auditor, and Plans Relocation
Darjeeling Ropeway Company Limited (DRCL) reported revenue of Rs. 91.01 lakhs but incurred a net loss of Rs. 26.69 lakhs. The company appointed M/s. Sunit M Chhatbar & Co. as new statutory auditor and plans to relocate its registered office from Mumbai to Rajkot, subject to shareholder approval. DRCL's 88th AGM is scheduled for August 19, 2025, to be held virtually.
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