Latest news about Jigar Cables
Jigar Cables
67.00
0.00(0.00%)
Company Performance:
View Company Insights1D0.00%
1M+11.85%
6M-9.45%
1Y+27.86%
5Y+76.55%
More news about Jigar Cables
30Mar 26
Jigar Cables Commences Commercial Production of Conductors at New Manufacturing Facility
Jigar Cables Limited has commenced commercial production of conductors at its new manufacturing facility from March 30, 2026, marking a key milestone in the company's expansion plans. The conductors serve as semi-finished products for Medium Voltage Control Cables (MVCC) production. Full-scale commercial production of MVCC and HT cables is expected within the next two to three months, following completion of operational stabilization and remaining production processes.
14Mar 26
Jigar Cables Limited Announces Subsidiary Status Conversion from Public to Private Limited Company
Jigar Cables Limited has announced that its wholly owned subsidiary, Jigar Polymers Limited, received board approval on March 14, 2026, for conversion from a Public Limited Company to a Private Limited Company. The conversion requires approvals from subsidiary shareholders, Regional Director of Ministry of Corporate Affairs, and other statutory authorities. Upon completion, the subsidiary will be renamed to Jigar Polymers Private Limited, though the company states this legal status change will not materially impact business operations.
14Mar 26
Jigar Cables Limited Intimates BSE About Company Secretary Appointment
Jigar Cables Limited has formally intimated BSE Limited about the appointment of Mrs. Nupur Arora as Company Secretary and Compliance Officer, effective from March 26, 2026. The appointment was approved by the Board of Directors on March 14, 2026, following recommendation from the Nomination and Remuneration Committee, with Mrs. Arora designated as Key Managerial Personnel.
10Feb 26
Jigar Cables Limited Submits Postal Ballot Results to BSE with Unanimous Approval
Jigar Cables Limited has successfully submitted its postal ballot voting results and scrutinizer's report to BSE Limited, demonstrating complete regulatory compliance. All four proposed resolutions received unanimous 100% shareholder approval, covering material related party transactions with Ultracab (India) Limited, cost auditor remuneration ratification, increased borrowing limits, and asset charge creation powers.
08Jan 26
Jigar Cables Limited Issues Postal Ballot Notice for Related Party Transactions and Borrowing Limits
Jigar Cables Limited has issued a postal ballot notice seeking shareholder approval for material related party transactions with Ultracab (India) Limited worth up to ₹200 crores annually, including 2.00% royalty on brand usage rights. The company also proposes increasing borrowing limits to ₹100 crores and creating asset charges for expansion plans including Unit 2 establishment at Gomta, Gondal. Remote e-voting runs from January 09 to February 07, 2026, with results by February 10, 2026.
31Dec 25
Jigar Cables Limited Appoints M/s Sagar M. Kapadiya & Co. as Cost Auditor for FY26
Jigar Cables Limited's Board of Directors approved the appointment of M/s Sagar M. Kapadiya & Co. as Cost Auditor for FY26 on December 31, 2025. The Rajkot-based firm, led by CMA Sagar M. Kapadiya with over 12 years of experience since 2013, specializes in cost audit, compliance, and strategic cost management across manufacturing sectors. The appointment ensures regulatory compliance under SEBI regulations and Companies Act provisions.
31Dec 25
Jigar Cables Limited Establishes New Manufacturing Facility for Cable Production Expansion
Jigar Cables Limited announced establishment of new manufacturing facility at Gomta, Rajkot with Board approval on December 31, 2025. The facility will produce Medium Voltage Control Cables, High Tension Cables and Power Control Cables with 500 KM monthly capacity. Commercial production expected within 1-3 months, targeting domestic market to strengthen manufacturing capabilities and support future growth.
26Dec 25
Jigar Cables Company Secretary Nishant Goswami Resigns to Pursue External Career Opportunities
Jigar Cables Limited announced the resignation of Company Secretary and Compliance Officer Nishant Giri Vinod Giri Goswami, effective December 31, 2025. Goswami submitted his resignation on December 26, 2025, to pursue career opportunities outside the organization. The company is actively searching for a suitable replacement and will inform the stock exchange once the position is filled.
13Nov 25
Jigar Cables Reports Mixed Half-Year Results with Revenue Decline and Profit Contraction
Jigar Cables Limited announced its H1 FY2025-26 results, showing a significant revenue decline but maintained profitability. Consolidated net sales decreased 57.5% to Rs. 2,623.41 lakhs, while net profit fell 41.1% to Rs. 58.57 lakhs. Basic EPS dropped to Rs. 0.79 from Rs. 1.27. The company's paid-up equity share capital increased to Rs. 901.20 lakhs. Despite challenging market conditions, Jigar Cables managed to remain profitable, suggesting effective cost management strategies.
22Sept 25
Jigar Cables Limited Acquires Rs. 5.81 Crore Industrial Property for Future Expansion
Jigar Cables Limited, listed on BSE SME Platform, has acquired an industrial property through an e-auction conducted by SBI. The property, located in Gomta Village, Rajkot District, spans 17,705 square meters and includes factory land and building. The purchase price was Rs. 5.81 crores, funded through internal accruals. The acquisition, approved by the board on August 29, 2025, and completed on September 22, 2025, is intended for future business expansion. The company has informed BSE Limited about this development in compliance with SEBI regulations.
04Sept 25
Jigar Cables Limited: Significant Stake Acquisitions Reshape Shareholding Structure
Jigar Cables Limited experienced significant changes in its shareholding structure. Non-promoter Sangitaben Niteshbhai Vaghasiya acquired 500,000 shares, increasing her stake to 8.59%. Promoter group member Ramnik Parshottambhai Vaghasiya acquired 700,000 shares, raising his stake to 11.26%. These preferential issues expanded the company's total equity share capital from Rs. 7.03 crore to Rs. 9.01 crore, with outstanding shares increasing by 28.15% to 90.12 lakh.
04Sept 25
Jigar Cables Promoter Ramnik Vaghasiya Boosts Stake to 11.26% Through Preferential Issue
Ramnik Parshottambhai Vaghasiya, a promoter of Jigar Cables Limited, has increased his stake from 4.48% to 11.26% through a preferential issue, acquiring 700,000 shares via warrant conversion. The company's equity share capital expanded from Rs. 7.03 crore to Rs. 9.01 crore. Another promoter group member, Sangitaben Niteshbhai Vaghasiya, along with PACs, acquired 500,000 shares, increasing their holding to 8.59%.
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