Latest news about Evans Electric
Evans Electric
67.25
0.00(0.00%)
Company Performance:
View Company Insights1D0.00%
1M-29.91%
6M-49.05%
1Y-58.84%
5Y+82.00%
More news about Evans Electric
19Mar 26
Counter Cyclical Investments Private Limited reduces shareholding in Evans Electric Limited to 5.61%
Counter Cyclical Investments Private Limited has reduced its shareholding in Evans Electric Limited from 5.74% to 5.61% through the disposal of 7000 shares via open market sale on March 16, 2026. The Portfolio Manager, acting through its clients, filed the mandatory disclosure under SEBI SAST Regulations, with the transaction reducing its total holding from 315000 to 308000 shares. Evans Electric's total equity share capital stands at 5488000 shares listed on BSE Limited.
18Feb 26
Evans Electric Limited CFO Prathamesh Wadekar Resigns to Pursue Chartered Accountancy Studies
Evans Electric Limited announced the resignation of Chief Financial Officer Prathamesh Wadekar, effective February 28, 2026, to pursue Chartered Accountancy Final program studies. The company filed regulatory disclosure with BSE Limited on February 18, 2026, under SEBI Listing Regulations. Management expressed appreciation for Wadekar's contributions during his tenure, with the resignation letter confirming no material reasons beyond educational pursuits.
13Feb 26
Counter Cyclical Investments Private Limited increases shareholding in Evans Electric Limited to 5.74%
Counter Cyclical Investments Private Limited acquired 22000 additional shares in Evans Electric Limited through open market purchase on February 11, 2026, increasing its shareholding from 5.34% to 5.74%. The portfolio management company filed mandatory disclosures under SEBI SAST Regulations, confirming the acquisition was made through its clients and that it does not belong to the promoter group.
22Jan 26
Counter Cyclical Investments Private Limited Crosses 5% Threshold in Evans Electric Limited with Strategic Acquisition
Counter Cyclical Investments Private Limited has crossed the 5% shareholding threshold in Evans Electric Limited by acquiring 9,000 additional shares on January 19, 2026. The acquisition increased the portfolio management company's total holding from 4.99% to 5.16% of Evans Electric's paid-up share capital, triggering mandatory SEBI disclosure requirements. The transaction was completed through open market purchases and demonstrates institutional confidence in the electrical equipment manufacturer.
12Nov 25
Evans Electric Reports Sharp Decline in Half-Yearly Profits for September 2025
Evans Electric Limited, specializing in heavy electro-mechanical repairs, reported a significant decline in financial performance for the half-year ended September 30, 2025. Net profit fell by 95.1% to ₹32.07 lakh, while net sales decreased by 66.7% to ₹687.06 lakh. The company's basic earnings per share dropped from ₹19.06 to ₹0.58. Despite the overall decline, cash and cash equivalents increased substantially to ₹893.80 lakh, up from ₹47.35 lakh in the previous year. The Board of Directors reviewed these results in a meeting on November 12, 2025.
30Oct 25
Evans Electric Ltd Announces Major Leadership Changes in Board Meeting
Evans Electric Ltd, a heavy electro-mechanical repairs company, has announced significant leadership changes following a board meeting on October 30, 2025. Chief Financial Officer Anil Gulwani's retirement was accepted. Christopher Joseph Rodricks' term as Independent Director ended and was not extended. Wilson DeSouza resigned as Whole Time Director, effective October 31, 2025, to pursue other opportunities. The company has informed BSE Limited of these changes in compliance with SEBI regulations.
22Sept 25
Evans Electric Ltd: Promoter Share Transfer of 761,972 Equity Shares Through Gift
Evans Electric Ltd. reported a significant off-market share transfer within its promoter group. 761,972 equity shares were gifted from Mr. Ivor Anthony Desouza to Ms. Jeanne Marie Desouza on September 19, 2025. This resulted in Ms. Desouza's shareholding increasing from 0.00% to 13.88%, while Mr. Desouza's stake decreased from 50.33% to 36.44%. The transaction complies with SEBI regulations and doesn't change the aggregate promoter group holding.
19Sept 25
Evans Electric Addresses Delayed CFO Retirement Disclosure, Seeks BSE Leniency
Evans Electric Limited responded to BSE's inquiry about the delayed disclosure of its CFO's retirement. The company cited an interpretational difference of SEBI LODR Regulations as the reason for the delay. The retirement letter was issued on September 11, 2025, and disclosed to stock exchanges on September 16, 2025. Evans Electric assured future timely disclosures and requested leniency from BSE, emphasizing the delay was inadvertent and not due to malicious intent.
16Sept 25
Evans Electric Limited CFO Anil Gulwani Retires, Company Initiates Search for Successor
Evans Electric Limited announced the retirement of CFO and KMP Anil Gulwani, effective September 11, 2025. The company is actively seeking a suitable replacement and will inform stock exchanges of the new appointment. This decision aligns with the company's retirement policy, approved by the Board of Directors. Evans Electric, specializing in heavy electro-mechanical repairs, has notified BSE Limited of this change in compliance with SEBI regulations.
26Aug 25
Evans Electric Announces Rs 1.50 Final Dividend, Sets 74th AGM for September 29
Evans Electric Ltd. has declared a final dividend of Rs. 1.50 per share for FY 2024-25, subject to shareholder approval. The company's 74th Annual General Meeting is scheduled for September 29, 2025, with a record date of September 25, 2025. Book closure is set for September 26-29, 2025. The Board approved several key items including the Secretarial Audit Report, Directors' Report, appointment of internal auditors, and CSR expenditure plans for FY 2025-26.
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