Latest news about Ludlow Jute & Specialities
Ludlow Jute & Specialities
327.00
-4.50(-1.36%)
Company Performance:
View Company Insights1D-1.36%
1M-12.73%
6M+64.40%
1Y-15.69%
5Y0.00%
More news about Ludlow Jute & Specialities
13Jun 26
Ludlow Jute re-appoints Ashish Agrawal as MD for 3 years
Ludlow Jute & Specialities has approved the re-appointment of Mr. Ashish Chandrakant Agrawal as Managing Director for a further period of three years, effective from June 13, 2026, subject to shareholder approval. The Board approved the decision based on the recommendation of the Nomination and Remuneration Committee. Mr. Agrawal, who holds a B.Tech in Chemical Engineering and a Master's in Finance and Personnel Management, brings over 30 years of experience to the role.
26May 26
Ludlow Jute returns to profitability with FY26 net profit of ₹1,616 lakh
Ludlow Jute & Specialities Limited returned to profitability in FY26 with a net profit of ₹1,616 lakh, compared to a net loss of ₹1,057 lakh in FY25. Revenue from operations rose to ₹53,185 lakh from ₹30,090 lakh, while total income reached ₹53,278 lakh. For Q4FY26, the company reported a net profit of ₹138 lakh on revenue of ₹14,815 lakh. The Board, meeting on May 25, 2026, did not recommend a dividend.
25May 26
Ludlow Jute to incorporate Seva By Tara Foundation as wholly owned subsidiary
Ludlow Jute & Specialities Limited’s Board approved the incorporation of Seva By Tara Foundation as a wholly owned subsidiary on May 25, 2026. The Section 8 company will have an authorised capital of ₹10,00,000 and focus on veterinary and social work activities. The acquisition requires Ministry of Corporate Affairs approval.
16May 26
Ludlow Jute & Specialities Schedules Board Meeting on May 25, 2026 to Consider FY26 Audited Results and Dividend
Ludlow Jute & Specialities Limited has scheduled a Board of Directors meeting for May 25, 2026, to consider and approve audited financial results for the year ended March 31, 2026. The board will also deliberate on the recommendation of dividend, if any, for the said year. The advance notice, dated May 16, 2026, was issued in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Company Secretary Neha Jain and has been hosted on the company's official website.
20Apr 26
India Government Eliminates Stock Limits for Raw Jute Traders and Balers
The Indian government has eliminated stock limits for raw jute traders and balers, reducing restrictions to zero. This policy change removes previous inventory constraints and provides greater operational flexibility to industry participants. The deregulation measure represents a significant shift toward market liberalization in the jute trading sector.
09Apr 26
Ludlow Jute & Specialities Limited Clarifies Price Movement to BSE Under Regulation 30
Ludlow Jute & Specialities Limited responded to BSE's inquiry about price movement on April 9th, 2026, confirming no material information has been withheld under SEBI Regulation 30. The company attributed price and volume changes to market conditions, stating management is not connected to the fluctuations.
08Apr 26
Ludlow Jute & Specialities Limited Submits Quarterly Compliance Certificate for Q4 FY26
Ludlow Jute & Specialities Limited has submitted its quarterly compliance certificate to BSE Limited for the quarter ended 31st March 2026, in accordance with SEBI (Depositories & Participants) Regulations, 2018. The company also sent corresponding intimations to NSDL and CDSL regarding securities dematerialization processes, with additional confirmation provided by its registrar MCS Share Transfer Agent Limited covering the period from 1st January 2026 to 31st March 2026.
12Feb 26
Ludlow Jute Completes Regulatory Publication Following Strong Q3FY26 Performance
Ludlow Jute & Specialities Limited has successfully completed the mandatory newspaper publication of its Q3FY26 unaudited financial results in compliance with SEBI regulations. The published results highlight the company's exceptional performance with 159% revenue growth to ₹13,552 lakhs and a complete turnaround to profitability with ₹343 lakhs net profit versus a loss of ₹260 lakhs in the previous year quarter.
20Jan 26
Government Increases Jute Mill Stock Limits While Reducing Trader Caps to Address Rising Prices
Union Textiles Minister Giriraj Singh announced policy changes to combat high raw jute costs by increasing stock limits for mills while reducing trader caps. B. Twill jute bag prices have risen significantly from ₹58-60 in September 2024 to ₹87.20 in January 2026. The Jute Corporation of India Limited reported strong financial performance with profit after tax growing from ₹46.12 crore in FY 2023-24 to ₹56.82 crore in FY 2024-25, enabling record dividend payments.
27Dec 25
Ludlow Jute Gets CRISIL A-/Stable Rating on ₹148.71 Cr Bank Facilities
Ludlow Jute & Specialities Limited has been assigned credit ratings by CRISIL Ratings Limited for bank facilities totaling ₹148.71 crores. The company received a long-term rating of CRISIL A-/Stable and a short-term rating of CRISIL A2+. The rated facilities include cash credit, working capital demand loan, letter of credit, term loans, and bank guarantee across Canara Bank and YES Bank Limited. The largest facility is a ₹64 crore cash credit from Canara Bank. CRISIL will maintain continuous surveillance on these ratings.
13Aug 25
Ludlow Jute & Specialities Reports Loss of ₹4.49 Crore for Quarter Ended June 30
Ludlow Jute & Specialities has reported a net loss of ₹4.49 crore for the quarter ended June 30, compared to a loss of ₹6.48 crore in the same quarter last year. The company's revenue declined significantly to ₹13.03 crore from ₹74.58 crore in the previous year quarter. Total expenses stood at ₹106.82 crore against a total income of ₹13.13 crore, resulting in a loss before tax of ₹93.69 crore. The company has changed the useful life of certain plant and machinery from 13 years to 30 years, decreasing depreciation expense by ₹135.74 lakhs and increasing net profit after tax by ₹101.58 lakhs for the quarter.
02Jul 25
DGTR Launches Review of Anti-Dumping Duties on Jute Imports, Potential Impact on Indian Producers
The Directorate General of Trade Remedies (DGTR) has begun reviewing anti-dumping duties on jute imports from Bangladesh and Nepal. This review is prompted by concerns over price drops in imported jute affecting local producers. The outcome could significantly impact the Indian jute industry, including companies like Ludlow Jute & Specialities. The review aims to assess current market dynamics and determine if existing anti-dumping measures need adjustment. Potential implications include effects on domestic producers' competitiveness, importers' cost structures, and input costs for end-users in industries such as packaging and textiles.
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