Latest news about SEL Manufacturing
SEL Manufacturing
27.21
-0.39(-1.41%)
Company Performance:
View Company Insights1D-1.41%
1M-6.14%
6M-6.53%
1Y-8.72%
5Y+449.70%
More news about SEL Manufacturing
14Mar 26
SEL Manufacturing Company Secretary Ratika Khandelwal Resigns Due to Personal Reasons
SEL Manufacturing Company Limited announced the resignation of Ms. Ratika Khandelwal from her position as Company Secretary cum Compliance Officer, effective March 13, 2026, due to personal reasons. The company has notified stock exchanges BSE and NSE in compliance with SEBI regulations, with the resignation letter expressing gratitude for opportunities during her tenure. Director Meghna Mahendra Savla signed the formal notification on March 14, 2026.
10Nov 25
SEL Manufacturing Reports Staggering Rs 8,526 Crore Loss Amid Severe Financial Crisis
SEL Manufacturing Company Limited reported a net loss of Rs 4,421.69 crore for Q2 2025 and Rs 8,526.31 crore for H1 2025. The company's major plants remain shut, with one unit shifted to job work operations. SEL has defaulted on quarterly installments of Rs 21,500 crore and unpaid interest of Rs 15,214 crore. Shareholders have passed a resolution to initiate Corporate Insolvency Resolution Process. Auditors express material uncertainty about the company's ability to continue as a going concern due to severe liquidity constraints.
30Sept 25
SEL Manufacturing Shareholders Approve Director Appointments at 25th AGM
SEL Manufacturing held its 25th AGM on September 30, 2025, approving key board appointments. Shareholders re-appointed Mr. Shashankrai as Non-Executive Director and approved new appointments: Ms. Meghna Mahendra Savla and Ms. Menka Rajdev Yadav as Independent Directors, and Mr. Dharminder Pal as Non-Executive Director, each for five-year terms starting August 5, 2025. The AGM also addressed financial statements, auditor appointments, and provided e-voting facilities for shareholders.
13Sept 25
SEL Manufacturing Appoints Ratika Khandelwal as New Company Secretary and Compliance Officer
SEL Manufacturing Company Limited has appointed Ms. Ratika Khandelwal as its new Company Secretary and Compliance Officer, effective September 13, 2025. The Board of Directors approved her appointment through a resolution by circulation. Ms. Khandelwal, a qualified Company Secretary with membership number A-62610, brings experience from various roles including positions at NAV INDIA Back-office IT solutions, Deutsche Bank, and Nisha Sethi & Associates. Her expertise spans corporate compliances, accounting, financial analysis, and regulatory reporting. This appointment aims to strengthen SEL Manufacturing's corporate governance and compliance framework.
05Aug 25
SEL Manufacturing Overhauls Board with New Directors and Restructures Key Committees
SEL Manufacturing Company Limited has announced significant changes to its board of directors and key management positions. The company appointed three new directors: Ms. Meghna Mahendra Savla (new Chairperson), Ms. Menka Rajdev Yadav, and Mr. Dharminder Pal, following the resignations of three existing board members. Four key board committees were reconstituted. Additionally, Mr. Naveen Arora, a Whole-Time Director, was appointed as the new Chief Financial Officer, replacing Mr. Navneet Gupta.
02Aug 25
SEL Manufacturing CFO Navneet Gupta Steps Down, Cites Professional Commitments
SEL Manufacturing Company Limited announced the resignation of its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), Mr. Navneet Gupta, effective July 31, 2025. The resignation, attributed to other professional commitments, was disclosed through a regulatory filing to the NSE and BSE. The company confirmed no material reasons beyond those stated by Mr. Gupta and has not yet announced a successor.
29Jul 25
SEL Manufacturing Company Announces Resignation of Two Key Independent Directors
SEL Manufacturing Company Limited has disclosed the resignation of two independent directors, Mrs. Seema Singh and Mr. Manjit Singh Kochar, effective July 29, 2025. Both cited personal commitments as the reason for their departure. Mrs. Singh relinquishes her positions in the Audit Committee, Stakeholders Relationship Committee, and as Chairman of the Nomination and Remuneration Committee. Mr. Kochar steps down from his roles as Chairman of the Audit Committee and member of several other committees. The company has made this disclosure in compliance with SEBI regulations.
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