Latest news about Remsons Industries
Remsons Industries
92.48
-8.43(-8.35%)
Company Performance:
View Company Insights1D-8.35%
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6M-25.63%
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More news about Remsons Industries
09May 26
Remsons Industries' UK Subsidiary Secures ₹160 Crore, 10-Year Pedal Box Programme from Global Commercial Vehicle OEM
Remsons Industries Limited announced its UK step-down subsidiary, Remsons Automotive Ltd., has been nominated for a 10-year international pedal box supply programme worth ₹160 crores by a global commercial vehicle OEM. The programme spans 120 months with start of production in Q4 CY2028, strengthening the Group's position as a Tier-1 system supplier and expanding its commercial vehicle order book.
07Apr 26
Remsons Industries Announces Postal Ballot for Special Resolutions with Enhanced Financial Limits
Remsons Industries Limited has issued a postal ballot notice for three special resolutions requiring shareholder approval through remote e-voting from April 9-May 8, 2026. The resolutions seek enhanced financial authorities including mortgage creation up to Rs. 200.00 Crores, borrowing powers up to Rs. 200.00 Crores, and investment limits up to Rs. 100.00 Crores, representing substantial increases from previous limits established in 2014.
24Mar 26
Remsons Industries Submits Revised Board Meeting Disclosure Correcting Buyer Details
Remsons Industries filed a corrected disclosure with stock exchanges on March 24, 2026, addressing a typographical error in buyer details for the strategic portfolio restructuring approved on March 23, 2026. The transactions involve selling 35.86% stake in Astro Motors for ₹10 crore to PRATIK HASMUKH SHAH HUF and acquiring remaining 49% stake in Remsons Edge Technologies for ₹7.35 lakh to make it a wholly owned subsidiary.
16Mar 26
Remsons Industries Announces Analyst/Investor Meet at Go India Advisors on March 20, 2026
Remsons Industries Limited has scheduled an analyst and investor meeting for March 20, 2026, at Go India Advisors, BKC, Mumbai, as part of the GIA Auto Day group conference. The in-person meeting will run from 11:30 AM to 03:30 PM (IST), featuring the company's latest quarterly investor presentation. The company has confirmed that no unpublished price sensitive information will be shared during the interaction, maintaining compliance with SEBI regulations.
27Feb 26
Remsons Industries Clarifies Delayed Disclosure of Rs 4.91 Crore IT Order
Remsons Industries submitted additional details to BSE regarding delayed disclosure of Income Tax order involving Rs 4.91 crore expense disallowance. The company explained that NFAC dismissed their appeal for AY 2021-22, and clarified the 8-day disclosure delay occurred because the responsible officer was on leave when the email notification was received on 18th February, 2026.
16Feb 26
Remsons Industries Q3FY26 Earnings Call: Strong Performance with 20% Revenue Growth
Remsons Industries delivered impressive Q3FY26 performance with consolidated revenue of ₹123 crores (20% YoY growth) and net profit of ₹51 million (34% increase). The company secured significant orders including ₹60 crore CV shifter contract and expects ₹15-20 crores from Stellantis order this year. Management provided FY27 revenue guidance of ₹520-570 crores, targeting 13-14% EBITDA margins, with the complete earnings call transcript now available for stakeholder access.
02Jan 26
Remsons Industries Secures ₹60 Crore Gear Shifter Contract from CV OEM
Remsons Industries has received a significant business award worth ₹60 crores from a leading Commercial Vehicle OEM manufacturer for the supply of Gear Shifter with Push Pull Cables. The domestic contract spans 60 months with supply operations commencing from Q1 2026-27, providing substantial revenue visibility for the small-cap auto ancillary company.
14Nov 25
Remsons Industries Reports Mixed Q2 Results, Expands Through Strategic Investments
Remsons Industries Limited announced Q2 2025 results with revenue increasing 25.3% to ₹11,645.43 crore, but net profit declining 11.3% to ₹363.88 crore. The company acquired a 51.01% stake in Astro Motors, formed a new subsidiary Remsons Future Technologies, and consolidated its ownership structure. These strategic moves aim to strengthen market position and diversify the portfolio in the automotive components sector.
23Sept 25
Remsons Industries Targets Rs. 900 Crore Revenue, Uncovers 80,000 Sq Ft Land in NCR for Expansion
Remsons Industries has announced a revenue target of Rs. 900 crore, to be achieved through improvements in manufacturing and operations. The company has also discovered 80,000 square feet of land in the National Capital Region (NCR) for potential expansion. This development aligns with the company's growth strategy and could strengthen its presence in a key industrial hub. The company currently has a market capitalization of Rs. 470 crore.
14Aug 25
Remsons Industries Reports 30% Revenue Growth in Q1, Secures Major Stellantis Contract
Remsons Industries reported a 30% YoY growth in Q1 revenue to ₹99.60 crores, driven by strong exports and UK entities. The company secured a ₹300 crore contract from Stellantis North America and acquired a 36% stake in Astro Motors for EV expansion. Remsons entered the railway sector with a new facility in Pune and secured international orders through its subsidiaries. The company aims for ₹900-1,000 crores revenue by FY29 and plans to expand EBITDA margins to 13-14%. A dividend of ₹0.30 per share was approved.
11Aug 25
Remsons Industries Reports Mixed Q1 Results with Strong Consolidated Growth Despite Standalone Revenue Decline
Remsons Industries Limited announced mixed Q1 FY2026 results. Consolidated revenue grew 30.23% to ₹9,963.06 lakhs, with net profit up 73.11% to ₹363.88 lakhs. However, standalone revenue decreased 7.65% to ₹6,626.94 lakhs, with net profit down 11.02% to ₹202.18 lakhs. The company formed a new subsidiary, Remsons Edge Technologies Private Limited, and acquired a 35.86% stake in Astro Motors Private Limited. The Board approved the appointment of M/s. M Baldeva Associates as Secretarial Auditors for 5 years, subject to shareholder approval.
04Aug 25
Remsons Industries: Revised Astro Motors Acquisition, New Order from German OEM, and Subsidiary's EGR Sensor Contract
Remsons Industries Limited has modified its acquisition plan for Astro Motors Private Limited, now opting to acquire a 35.86% stake for Rs. 10.00 crore, making Astro an associate rather than a subsidiary. The company has also secured new orders, including a Rs. 30.00 million contract from a German OEM and a Rs. 3.00 crore EGR sensor supply contract for its subsidiary from another German multi-brand OEM.
30Jul 25
Remsons Industries Seeks Shareholder Approval for Rahul Kejriwal's Reappointment as Whole Time Director
Remsons Industries Limited has initiated a postal ballot for shareholder approval to reappoint Rahul Kejriwal as Whole Time Director for a five-year term from June 1, 2025, to May 31, 2030. The proposed remuneration is Rs. 65.28 lakh per annum, up from his previous Rs. 61.15 lakh. Kejriwal, 46, has been with the company for over two decades and holds 15,81,430 equity shares. He is the son of the company's Chairman & Managing Director and Whole Time Director. The e-voting period is from July 31 to August 29, 2025, with results to be announced on August 30, 2025.
30Jul 25
Remsons Industries Seeks Shareholder Approval for Rahul Kejriwal's Reappointment as Whole Time Director
Remsons Industries Limited, an automotive components OEM, has initiated a postal ballot for shareholder approval to reappoint Rahul Kejriwal as Whole Time Director for five years from June 1, 2025, to May 31, 2030. The proposed remuneration is Rs. 65.28 lakh per annum, up from his previous Rs. 61.15 lakh. Kejriwal, 46, has been with the company for over two decades, contributing significantly to production, marketing, exports, and business restructuring. He holds 15,81,430 equity shares and is the son of the company's Chairman & Managing Director and Whole Time Director. E-voting for shareholders is scheduled from July 31 to August 29, 2025, with results to be announced on August 30, 2025.
30Jun 25
Remsons Industries Expands Global Reach with Brazilian Technical License Agreement
Remsons Industries has signed a strategic technical license agreement with Ausus Automotive Systems Do Brasil Ltda. The agreement involves technology transfer to support local Original Equipment Manufacturers (OEMs) in Brazil, marking Remsons' entry into one of South America's largest automotive markets. This move is expected to enhance Remsons' global presence, potentially open new revenue streams, and contribute to the development of Brazil's automotive industry.
27Jun 25
Remsons Industries Expands Global Reach with Brazilian Technical License Agreement
Remsons Industries has entered into a technical license agreement with Ausus Automotive Systems in Brazil. The collaboration aims to share Remsons' technology with Ausus to support local Original Equipment Manufacturers (OEMs) in Brazil. This strategic move allows Remsons to expand its global footprint and tap into the South American automotive market. The partnership is expected to provide Remsons with market penetration opportunities, potential new revenue streams, and an enhanced global presence in the automotive components industry.
27Jun 25
Remsons Industries Secures Major Order Worth ₹800 Million
Remsons Industries has secured a significant order worth ₹800 million (₹80 crore). While specific details about the order's nature and scope are not disclosed, the substantial value could potentially impact the company's revenue positively. Further information about the project timeline, sector, and impact on production capacity is awaited to fully assess its significance for the company's growth and future performance.
10Jun 25
Remsons Industries Secures ₹12 Crore Order, Boosting Quarterly Revenue Prospects
Remsons Industries has won a new order worth ₹12.00 crore, expected to contribute approximately 10% to its quarterly turnover. The order has a quick execution timeline, showcasing the company's operational efficiency. This significant project could enhance Remsons Industries' financial performance and potentially strengthen its market position in the industrial sector.
26May 25
Remsons Industries Expands into Railway Sector with New Manufacturing Facility
Remsons Industries, an automotive components manufacturer, has inaugurated a new state-of-the-art facility to produce components for locomotive applications. This strategic move marks the company's entry into the railway sector, diversifying its portfolio beyond automotive. The facility is equipped with advanced technology to meet the quality and safety standards of the locomotive industry. While specific details about capacity and product range are undisclosed, this expansion is expected to open new revenue streams, reduce dependence on the automotive sector, and potentially enhance the company's market presence in the broader transportation industry.
21May 25
Remsons Industries Reports 31% Revenue Surge in Q4
Remsons Industries, an automotive components manufacturer, has reported a significant increase in quarterly revenue. The company's revenue rose to ₹106.00 crore, up 31% from ₹81.00 crore in the same quarter last year. This growth is attributed to potential factors such as increased automotive sector demand, a diverse product portfolio, and improved operational efficiency. The performance indicates resilience in a competitive market and may signal broader recovery trends in the automotive component industry.
15May 25
Remsons Industries Secures ₹300+ Crore Orders from Stellantis for Smart Car Components
Remsons Industries Ltd has received multiple orders worth over ₹300 crore from Stellantis N.V., North America, for supplying control cables for smart cars, Jeep models, and three-wheelers. The contract will be executed over seven years, with deliveries starting from the next financial year. This order, equivalent to about 70% of Remsons' current market capitalization, marks one of the largest in the company's history and signals potential growth in revenue and profitability.
09Apr 25
Remsons Industries to Acquire 51.01% Stake in Astro Motors, Expanding into Electric Vehicle Sector
Remsons Industries Limited is set to acquire a 51.01% stake in Astro Motors Private Limited, an electric vehicle manufacturer, for approximately Rs. 14.22 crore. The acquisition involves a cash investment of Rs. 10 crore and a share swap. Remsons will issue 3,19,994 new equity shares to Astro Motors' promoters. The deal, expected to close by June 30, 2025, marks Remsons' entry into the EV manufacturing sector and does not require regulatory approvals. Astro Motors, founded in 2020, specializes in electric vehicles for cargo, loaders, passengers, and micro-mobility applications.
04Mar 25
Remsons Industries Board to Consider Fundraising Options in Upcoming Meeting
Remsons Industries Limited has announced that its board will meet at a later date to discuss potential fundraising options. The board previously considered a proposal for raising funds through various means, including new equity shares, other eligible securities, and convertible warrants, during a meeting on February 7, 2025. The final decision has been deferred for a more comprehensive assessment of the company's needs and market conditions. This move signals potential expansion or financial strengthening for the company.
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