Latest news about Eastern Treads
Eastern Treads
28.77
-0.62(-2.11%)
Company Performance:
View Company Insights1D-2.11%
1M-12.34%
6M-11.59%
1Y-17.07%
5Y-44.08%
More news about Eastern Treads
24Feb 26
Eastern Treads Limited Clarifies Status of Proposed ₹24 Crore Investment Project
Eastern Treads Limited clarified that contrary to newspaper reports, no land has been officially allotted for its proposed ₹24 crore investment project as of February 24, 2026. While the company has submitted a land allotment application, the official decision is scheduled for February 25, 2026. The company emphasized that project plans, investment amounts, and financing modes remain undecided pending confirmed land allotment, with the Board of Directors to make final decisions only after receiving official confirmation.
17Feb 26
Eastern Treads Limited Announces SEBI Special Window for Physical Share Transfer and Dematerialization
Eastern Treads Limited has announced SEBI's new special window for transfer and dematerialization of physical securities purchased before April 1, 2019, operating from February 5, 2026 to February 4, 2027. Transferred shares will be mandatorily credited in dematerialized form with a one-year lock-in period. The facility covers previously rejected transfer requests and requires specific documentation to be submitted to the company's RTA.
14Feb 26
Eastern Treads Limited Announces Leadership Transition: Navas Meeran Appointed as Managing Director
Eastern Treads Limited has announced a leadership transition effective February 14, 2026, with M E Mohamed completing his tenure as Managing Director and Navas Meeran being appointed to the position for 5 years. Mr. Navas Meeran, already serving as Chairman, will now hold dual roles as Chairman and Managing Director, subject to shareholder approval. The new Managing Director brings over 33 years of experience in the tyre retreading industry and has held prominent positions in industry organizations including past Chairman of CII Southern Region.
12Feb 26
Eastern Treads Limited Reports Q3FY26 Profit of ₹14.83 Lakhs, Reversing Year-Ago Losses
Eastern Treads Limited reported a profit of ₹14.83 lakhs in Q3FY26 compared to a loss of ₹46.72 lakhs in Q3FY25, marking a significant operational turnaround. Revenue from operations remained stable at ₹1,617.74 lakhs versus ₹1,606.25 lakhs year-on-year. For the nine-month period, the company showed substantial improvement with a reduced loss of ₹52.65 lakhs compared to ₹279.84 lakhs in the previous year, while revenue increased by 10.02% to ₹4,895.88 lakhs.
11Nov 25
Eastern Treads Reports Net Loss of Rs 67.49 Lakhs in Q2 FY2026
Eastern Treads Limited (BSE: 531346) reported a net loss of Rs 67.49 lakhs for Q2 FY2026 ended September 30, 2025. The company's total comprehensive loss was Rs 72.22 lakhs, with accumulated losses reaching Rs 1,892.23 lakhs. The basic and diluted loss per equity share stood at Rs 1.02. Despite the net worth erosion, management expects recovery based on business forecasts and fund flow projections. The Board of Directors approved these unaudited financial results on November 10, 2025, after review by the Audit Committee.
26Sept 25
Eastern Treads Limited Announces Key Board Changes and Director Appointments
Eastern Treads Limited, a tyre retreading industry leader, has made significant changes to its board composition following shareholder approval at its 32nd AGM. Mr. Navas Meeran was re-appointed as Director, Dr. Siby Varghese appointed as Independent Director for five years, and Mr. Devarajan Krishnan appointed as Director and Whole Time Director for three years. The new board brings extensive industry experience and expertise in tyre retreading, rubber technology, and corporate finance.
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