Latest news about E Land Apparel
E Land Apparel
13.81
-0.43(-3.02%)
Company Performance:
View Company Insights1D-3.02%
1M-4.89%
6M-5.93%
1Y-22.15%
5Y+231.97%
More news about E Land Apparel
17Mar 26
E-Land Apparel Publishes Newspaper Advertisements for Postal Ballot on Director Appointment
E-Land Apparel Limited has published mandatory newspaper advertisements in Financial Express and Prajavahini newspapers regarding the dispatch of postal ballot notice for appointing Mr. Woo Sang Kim as Whole Time Director. The company communicated to BSE Limited on March 17, 2026, confirming compliance with SEBI regulations. The e-voting process runs from March 17 to April 15, 2026, with comprehensive remuneration terms including INR 15,90,000 monthly salary.
17Mar 26
Goldman Sachs Cuts Target Prices for Apparel Companies Amid Raw Material Inflation Concerns
Goldman Sachs has warned of crude-linked raw material inflation pressuring apparel sector margins, particularly from polyester, EVA, and PU materials. The investment bank identified Trent, Metro Brands, and Bata India as most exposed to these inflationary pressures. Anticipating near-term gross margin compression and potential demand risks if inflation persists, Goldman Sachs has cut its 12-month target prices by approximately 2-14% across its apparel coverage.
12Mar 26
E-Land Apparel Board Approves Postal Ballot Notice and Appoints Scrutinizer
E-Land Apparel Limited's board meeting on March 12, 2026, approved the draft Notice of Postal Ballot along with Explanatory Statement for seeking member approval. The board appointed M/s Makarand M. Joshi & Co., Practicing Company Secretaries, as scrutinizer to conduct the postal ballot process fairly and transparently. The company will communicate postal ballot details, remote e-voting schedule, cut-off date, and voting instructions to shareholders in due course.
12Feb 26
E-Land Apparel Reports Q3FY26 Loss of ₹1,247.79 Lakhs, Revenue Drops to ₹6,599.23 Lakhs
E-Land Apparel Limited announced Q3FY26 financial results showing a net loss of ₹1,247.79 lakhs compared to a profit of ₹312.85 lakhs in the same quarter last year. Revenue from operations declined to ₹6,599.23 lakhs from ₹6,725.21 lakhs year-on-year. The auditor highlighted material uncertainty about the company's going concern status due to accumulated losses eroding net worth.
20Jan 26
E-Land Apparel Appoints Woo Sang Kim as Additional Executive Director and CFO
E-Land Apparel Limited's board of directors approved the appointment of Mr. Woo Sang Kim as Additional Executive Director and Chief Financial Officer, effective January 20, 2026. The appointment, made based on the Nomination and Remuneration Committee's recommendation, is subject to shareholder and statutory approvals. Mr. Kim brings over 20 years of fashion industry experience in global sourcing, garment production, and quality management from his roles at ELAND Group, LF Corp, and Hyungji Fashion Group.
20Jan 26
Elan Group awards ₹840-crore construction contract to Tata Projects for luxury Gurugram project
Elan Group has awarded an ₹840 crore construction contract to Tata Projects for its ultra-luxury residential project Elan The Statement in Sector 49, Gurugram. The development involves a total investment of ₹1,600 crore across six acres, featuring five towers with residences ranging from 4,285 to 7,270 sq ft. The partnership with Tata Projects aims to boost buyer confidence by ensuring execution certainty and quality delivery in the premium housing market.
06Jan 26
E-Land Apparel CFO and Whole-time Director Heegu Shin Resigns Due to Personal Commitments
E-Land Apparel Limited has announced the resignation of Mr. Heegu Shin from his dual role as Whole-time Director and Chief Financial Officer, effective January 5, 2026. The resignation was attributed to personal commitments and preoccupation, with the company fulfilling all regulatory obligations by informing BSE Limited under SEBI Regulation 30.
12Nov 25
E-Land Apparel Reports Widening Losses in Q2 FY2026, Raises Going Concern Issues
E-Land Apparel Limited reported a net loss of Rs 1,943.51 lakhs for Q2 FY2026, significantly higher than the Rs 506.85 lakhs loss in the previous quarter. Revenue from operations stood at Rs 3,374.68 lakhs. The company's accumulated losses have eroded its net worth, with total liabilities at Rs 79,767.91 lakhs against total assets of Rs 28,839.67 lakhs. Auditors have raised concerns about the company's ability to continue as a going concern. Despite this, management maintains a positive outlook based on industry prospects and support from the holding company.
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