India Homes
14.05
-0.03(-0.21%)
Market Cap₹559.31 Cr
PE Ratio-19.03
Company Performance:
1D-0.21%
1M-10.68%
6M+16.99%
1Y+157.80%
5Y+1,851.39%
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More news about India Homes
25Feb 26
India Homes Limited Completes EGM with MOA Alteration for Capital Increase
India Homes Limited completed its Extraordinary General Meeting on February 23, 2026, with unanimous approval for increasing authorised share capital from Rs. 107 crore to Rs. 120.50 crore, expanding equity shares from 42 crore to 56 crore. The company also approved material related party transactions, appointed an independent director, and passed corporate transaction resolutions, followed by formal MOA alteration intimation filed with BSE on February 25, 2026.
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24Jan 26
India Homes Limited Board Approves Authorized Share Capital Increase to Rs. 120.50 Crore and Director Appointment
India Homes Limited's board meeting on 24-01-2026 approved increasing authorized share capital from Rs. 107,00,00,000 to Rs. 120,50,00,000 through addition of 13,50,00,000 equity shares and reclassification of unclassified capital. The board appointed Mr. Mohamed Ali Altaf Furniturewala as Additional Independent Director for five years effective 05/02/2026 and approved land acquisition at Wadala, Mumbai from Executive Chairman Shri Sudhir H. Gupta. An Extraordinary General Meeting was scheduled for shareholder approvals, and the company seeks to change its stock exchange classification from "Iron & Steel Products" to "Residential & Commercial projects".
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24Dec 25
India Steel International Disposes 666,100 Equity Shares of India Homes Limited
India Steel International Private Limited, a promoter of India Homes Limited, has sold 666,100 equity shares (0.17% of total capital) through open market transactions from December 19-22, 2025. This reduced the promoter's stake from 10.71% to 10.54%, and the total promoter group holding from 36.29% to 36.12%. The transaction was disclosed in compliance with SEBI regulations.
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17Dec 25
India Homes Limited Executes Tripartite Agreement for Registrar Transfer
India Homes Limited has executed a tripartite agreement on December 15, 2025, completing the transfer of registrar services from MUFG Intime India Private Limited to Purva Sharegistry India Private Limited. The agreement, executed under SEBI LODR Regulation 7(4), establishes comprehensive guidelines for data handover, liability frameworks, and transition responsibilities with a cut-off date of September 30, 2025.
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01Dec 25
India Homes Limited Receives Rs. 6.61 Crore Electricity Bill Waiver from Consumer Forum
The Consumer Grievance Redressal Forum (CGRF) in Kalyan has waived Rs. 6.61 crore in electricity bills for India Homes Limited, covering the period from April 2024 to present. This decision follows a review appeal filed by the company regarding electricity load, billing, and meter removal issues. The CGRF has also directed that future load reduction requests should await the High Court's final judgment on MSEDCL's writ petition. This waiver provides significant financial relief to India Homes Limited, which has been facing financial challenges, including declining equity and high current liabilities.
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10Sept 25
India Steel Works Ltd Clears All Debts with Kotak Mahindra Bank
India Steel Works Ltd has fully repaid its outstanding borrowings to Kotak Mahindra Bank Limited. The bank has confirmed receipt of the full and final settlement amount, closing all debt obligations between the entities. This repayment absolves both the company and its guarantors from any further financial obligations to Kotak Mahindra Bank related to these borrowings. The announcement was made in compliance with SEBI regulations, demonstrating the company's commitment to financial transparency.
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31Jul 25
India Steel Works Reports Q1 Loss, Forms Joint Venture for Land Development Amid Financial Challenges
India Steel Works Ltd reported a net loss of Rs 147.57 lacs for Q1 FY2024, an improvement from Rs 441.59 lacs loss in Q1 FY2023. Total income increased to Rs 13.46 lacs, but expenses of Rs 161.03 lacs still outweigh revenue. The company formed a joint venture, LLOYDS IHL LLP, for land development in Khopoli. Auditors raised concerns about going concern issues, inventory valuation, bank possession of factory premises, and internal financial controls.
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30Jul 25
India Steel Works Signs Development Agreement for Khopoli Land Monetization
India Steel Works Ltd has entered into a development agreement with LLOYDS IHL LLP to monetize its land in Khopoli, Maharashtra. The agreement, signed on July 30, 2025, follows an MOU from May 29, 2025. LLOYDS IHL LLP is a joint venture involving India Steel Works, Lloyds Realty Developers Limited, and Smartquip Properties Pvt Limited. This move aims to unlock value from the company's real estate assets and potentially diversify its interests beyond the steel business.
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30Jul 25
India Steel Works Inks Development Deal with LLOYDS IHL LLP for Khopoli Land
India Steel Works Ltd has entered into a development agreement with LLOYDS IHL LLP to monetize its land assets in Khopoli, Maharashtra. The agreement, signed on July 30, 2025, follows a MOU from May 29, 2025. LLOYDS IHL LLP is a joint venture involving India Steel Works Ltd, Lloyds Realty Developers Limited, and Smartquip Properties Pvt Limited. The project aims to redevelop and monetize land in Village Vihari, Taluka Khalapur, District Raigad. This move is expected to unlock value from the company's land assets and potentially enhance shareholder value. The company has informed the Bombay Stock Exchange about this development, complying with regulatory requirements.
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30Jul 25
India Steel Works Forms Joint Venture LLOYDS IHL LLP with Two Partners
India Steel Works Ltd has announced the formation of a new joint venture named LLOYDS IHL LLP, partnering with Lloyds Realty Developers Limited and Smartquip Properties Pvt Limited. The joint venture follows an MOU signed on May 29, 2025, and was approved during a Board Meeting on July 17, 2025. The company also announced a Board meeting scheduled for July 31, 2025, to consider and approve the Un-Audited financial results for the quarter ended June 30, 2025.
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India Homes
14.05
-0.03
(-0.21%)
1 Year Returns:+157.80%
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