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Latest news about Simandhar Impex

Simandhar Impex appoints Ankita Hande as Company Secretary and KMP Jun 30, 2026

Simandhar Impex Limited has appointed Ms. Ankita Wamanrao Hande as Company Secretary, Compliance Officer, and Key Managerial Personnel effective June 30, 2026. The Board approved the appointment based on the Nomination and Remuneration Committee's recommendation. Hande holds an ICSI membership and has over seven years of experience in corporate governance.

Simandhar Impex appoints M/s. Deepti Joshi & Associates as secretarial auditor for FY27 Jun 30, 2026

Simandhar Impex appoints new CEO after Managing Director resigns Jun 30, 2026

Simandhar Impex director Mehul Shah resigns from board Jun 06, 2026

Farmico International acquires 74.64% stake in Simandhar Impex Jun 06, 2026

More news about Simandhar Impex

06Jun 26

Simandhar Impex appoints two executive directors

Simandhar Impex Limited appointed Mr. Lalit Naresh Nagdev and Mr. Amit Suresh Ninawe as Additional Executive Directors from the Professional Category, effective June 6, 2026. The Board approved the appointments based on the recommendation of the Nomination and Remuneration Committee. Both appointees are qualified Chartered Accountants with extensive experience in finance and banking.

22May 26

Simandhar Impex Promoters Sell 74.64% Stake to Farmico

Simandhar Impex Limited's promoter group sold its entire 74.64% stake, comprising 22,81,615 equity shares, to Farmico International Private Limited. The off-market sale, based on a January 14, 2026 agreement, was executed on May 21, 2026. Consequently, the promoters' holding has dropped to 0%.

11May 26

Farmico International's Open Offer for 25.36% Stake in Simandhar Impex Receives Zero Tenders

Farmico International Private Limited's open offer for 7,75,310 equity shares (25.36%) of Simandhar Impex Limited at ₹30.00 per share, open from April 20, 2026 to May 04, 2026, closed with no shares tendered, rendering the ₹2,32,59,300 proposed offer size inapplicable. The acquirer had separately acquired 22,81,615 shares (74.64%) via a Share Purchase Agreement, resulting in an actual post-offer holding of 22,81,615 shares (74.64%), while public shareholders retained their 7,75,310 shares (25.36%). Farmico International is set to be recognised as the new Promoter of Simandhar Impex Limited, with the existing promoter group to be reclassified as public shareholders under SEBI (LODR) Regulations.

08May 26

Simandhar Impex Limited Reports Audited Standalone Financial Results for Quarter and Year Ended March 31, 2026

Simandhar Impex Limited reported total income from operations of ₹154.40 lakhs for the quarter ended March 31, 2026, with nil revenue in the preceding two quarters. Net profit after tax for Q4 FY26 stood at ₹6.18 lakhs, reversing losses of -₹5.27 lakhs in Q3 FY26 and -₹0.45 lakhs in Q4 FY25. For the full year ended March 31, 2026, net profit before and after tax (after exceptional items) was ₹0.58 lakhs. The results were approved by the Board of Directors at their meeting held on May 7, 2026, and filed with BSE Limited under applicable SEBI regulations.

29Apr 26

Simandhar Impex Limited Schedules Board Meeting for Q4FY26 Financial Results on May 7, 2026

Simandhar Impex Limited has scheduled a board meeting for May 7, 2026, to approve audited standalone financial results for the quarter and year ended March 31, 2026. The company notified BSE Limited on April 29, 2026, under Regulation 29 of SEBI listing regulations. A trading window closure is in effect from April 1 to May 9, 2026, for all directors, officers, designated employees, and connected persons as part of insider trading compliance measures.

17Apr 26

Navigant Submits Revised Pre-Offer Advertisement for Simandhar Impex Open Offer

Navigant Corporate Advisors Limited has submitted the revised pre-offer advertisement for Farmico International's open offer to acquire 7,75,310 equity shares (25.36% stake) of Simandhar Impex Limited at Rs. 30 per share. The offer schedule has been revised with opening date moved to April 20, 2026 and closure on May 4, 2026, following SEBI regulatory compliance and committee recommendations.

06Apr 26

Simandhar Impex Letter of Offer Submitted to SEBI and BSE for Open Offer Process

Navigant Corporate Advisors has submitted the comprehensive Letter of Offer document to SEBI and BSE for Farmico International's mandatory open offer to acquire 7,75,310 equity shares (25.36%) of Simandhar Impex Limited at Rs. 30 per share. The offer opens April 20 and closes May 4, 2026, with Rs. 60 lakh deposited in escrow and maximum consideration of Rs. 2.32 crore.

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