Maiden Forgings
87.20
+0.70(+0.81%)
Market Cap₹123.89 Cr
PE Ratio20.31
Company Performance:
1D+0.81%
1M+14.71%
6M+9.96%
1Y+19.85%
5Y+45.67%
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More news about Maiden Forgings
16Jan 26
Maiden Forgings Limited Announces Non-Allotment of Shares Due to Investor Fund Delays
Maiden Forgings Limited announced on January 16, 2026, that it will not proceed with planned share allotment due to the proposed investor's failure to provide requisite funds within the stipulated period. The company cited unavoidable circumstances for this decision, following an earlier intimation dated December 31, 2025. The matter remains under consideration as management evaluates next steps in compliance with applicable regulations.
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31Dec 25
Maiden Forgings Receives BSE Approval for Rs 25 Crore Preferential Issue
Maiden Forgings Limited has secured in-principle approval from BSE for its preferential issue of 25 lakh equity shares at Rs 100 per share, forming part of a comprehensive Rs 29 crore fund-raising initiative. The capital will be utilized for business expansion, production capacity enhancement, and working capital strengthening.
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25Nov 25
Maiden Forgings Reports Record Production and ₹111.36 Crore Revenue in H1 FY26, Expands B2G and Defence Engagement
Maiden Forgings Limited (MFL) announced strong H1 FY26 results with total income of ₹111.36 crore and EBITDA of ₹6.74 crore. The company achieved record production and sales of 17,000 tons. MFL secured defense sector registrations and plans to expand in the B2G segment, targeting 10% revenue contribution. Strategic initiatives include new facility consolidation and introduction of GI wire and stainless steel components. The company has allocated ₹13 crore for working capital, ₹11 crore for new machinery, and ₹0.95 crore for general corporate purposes by 2027.
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12Nov 25
Maiden Forgings Limited Secures CEMILAC Registration, Boosting Defence Manufacturing Capabilities
Maiden Forgings Limited (MFL) has obtained registration with the Centre for Military Airworthiness & Certification (CEMILAC), enhancing its ability to supply products for defence applications. This certification complements MFL's existing registration with the Ordnance Factory Board. The company reported a total income of ₹213.57 crore, EBITDA of ₹19.91 crore, and PAT of ₹6.05 crore. MFL, a manufacturer of bright steel bars and wires, views this as a significant step towards expanding its presence in the defence sector and supporting India's self-reliance mission.
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10Nov 25
Maiden Forgings Limited Secures CEMILAC Registration for Defence Manufacturing
Maiden Forgings Limited, a BSE-listed Indian manufacturing company, has obtained registration with the Centre for Military Airworthiness Certification (CEMILAC) under the Ministry of Defence. The registration, dated October 28, 2025, with application ID 0029102500008, positions the company to potentially participate in defence-related manufacturing projects. Maiden Forgings Limited, with 35 years of manufacturing experience and an annual production capacity of 50,000 metric tonnes, may now expand its product portfolio into the defence sector. This aligns with India's 'Make in India' and 'Atmanirbhar Bharat' initiatives. The company has informed BSE Limited of this development in compliance with SEBI regulations.
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28Jul 25
Maiden Forgings Limited Shares Video Recording of Strategic Discussion with Alphawealth Avenues
Maiden Forgings Limited (Scrip Code: 543874) has released a video recording of their strategic discussion with Alphawealth Avenues, focusing on the company's future plans and vision. The discussion took place on July 27, 2025, and was disclosed to BSE Limited on July 28, 2025, in compliance with regulatory requirements. The video is publicly accessible on YouTube, demonstrating the company's commitment to transparency and stakeholder communication.
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28Jul 25
Maiden Forgings Limited Shares Future Plans in Discussion with Alphawealth Avenues
Maiden Forgings Limited (BSE: 543874) engaged in a strategic discussion with Alphawealth Avenues on July 27, 2025, focusing on the company's future plans and vision. The meeting was recorded and made publicly available on YouTube, demonstrating transparency. Maiden Forgings promptly submitted details to BSE in compliance with SEBI regulations. Company Secretary Monika Negi filed the disclosure on July 28, 2025.
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Maiden Forgings
87.20
+0.70
(+0.81%)
1 Year Returns:+19.85%
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