Latest news about Spinaroo Commercial
Spinaroo Commercial
59.99
0.00(0.00%)
Company Performance:
View Company Insights1D0.00%
1M+2.60%
6M-6.25%
1Y-16.69%
5Y+10.19%
More news about Spinaroo Commercial
07Apr 26
Spinaroo Commercial Limited Withdraws Preferential Issue of 7,89,000 Equity Shares
Spinaroo Commercial Limited has withdrawn its preferential issue proposal for 7,89,000 equity shares intended for acquiring Spino Poly Products Private Limited. Despite obtaining board approval on February 14, 2026, and shareholder approval on March 11, 2026, the company decided to postpone the entire proposal. The withdrawal was communicated to BSE Limited on April 06, 2026, under SEBI LODR Regulations.
06Apr 26
Spinaroo Commercial Limited Files Annual Promoter Declaration Under SEBI Takeover Regulations for FY26
Spinaroo Commercial Limited filed its annual SEBI takeover regulation declaration for FY26, confirming no encumbrance on promoter shares. The promoter group holds 33,33,340 shares across five entities, with Amit Sultania as the largest individual holder. The disclosure was submitted to BSE on April 6, 2026, maintaining regulatory compliance.
11Mar 26
Spinaroo Commercial Limited Executes Tripartite Agreement for Share Transfer Agent Change
Spinaroo Commercial Limited executed a tripartite agreement on 10th March, 2026, completing its transition from Cameo Corporate Services Limited to Niche Technologies Private Limited as registrar and share transfer agent. The BSE-listed company with 300 shareholders had announced this change on 25th July, 2025, with the comprehensive agreement ensuring regulatory compliance and smooth transfer of shareholder services.
11Mar 26
Spinaroo Commercial Limited Passes All Resolutions in Extra Ordinary General Meeting Through E-Voting
Spinaroo Commercial Limited conducted its Extra Ordinary General Meeting on March 11, 2026, through video conferencing with all proposed resolutions passed unanimously. The meeting addressed two special resolutions: increasing authorized share capital and issuing equity shares for acquiring Spino Poly Products Private Limited through share swap. With 64.84% shareholder participation and 100% approval rate for both resolutions, the company demonstrated strong stakeholder support for its strategic initiatives.
14Feb 26
Spinaroo Commercial Limited Approves Preferential Issue and Share Swap Agreement for Strategic Acquisition
Spinaroo Commercial Limited's board approved a preferential issue of 7,89,000 equity shares at Rs. 59.02 each, raising Rs. 4,65,66,780, and a 1:1 share swap agreement to acquire 39.45% stake in Spino Poly Products Private Limited. The company will increase its authorized capital from Rs. 7,00,00,000 to Rs. 9,00,00,000, with shareholders' approval sought at an Extraordinary General Meeting scheduled for March 11, 2026.
12Nov 25
Spinaroo Commercial Limited Reports Profit of Rs 42.55 Crore in H1 FY2026
Spinaroo Commercial Limited announced unaudited standalone financial results for H1 FY2026. Revenue from operations was Rs 1,916.95 crore with a profit of Rs 42.55 crore. EPS stood at Rs 0.88. Notable balance sheet changes include a 39.88% increase in share capital to Rs 699.40 crore and a 295.40% rise in reserves and surplus to Rs 975.66 crore. Inventories grew by 22.37% to Rs 1,543.55 crore, while cash and cash equivalents decreased by 14.73% to Rs 50.70 crore. Trade receivables increased significantly from Rs 384.28 crore to Rs 615.96 crore.
15Sept 25
Spinaroo Commercial Limited Invests Rs. 2 Crore in Sister Company Spino Poly Products
Spinaroo Commercial Limited (SCL) has approved an investment of up to 15% shareholding or Rs. 2.00 crore in its sister company, Spino Poly Products Private Limited (SPPPL), at Rs. 65.00 per share. The cash deal, approved on September 15, 2025, is expected to be completed within a month. SPPPL, a manufacturer of plastic containers and paper plate raw materials, reported a turnover of Rs. 13,00,47,404.81 and net profit of Rs. 7,11,621.70 for FY 2024-25. The investment aims to support SPPPL's general business requirements and future growth.
18Aug 25
Spinaroo Commercial Limited Boosts Capacity and Reshuffles Leadership
Spinaroo Commercial Limited, a printing industry player, has purchased a new flexo printing machine, increasing capacity by 200 metric tonnes per month. The company announced leadership changes including Mrs. Megha Khanna as new Company Secretary and Compliance Officer, Ms. Harsha Pugalia as Secretarial Auditor, and Mr. Harsh Satish Udeshi as Internal Auditor. The 13th Annual General Meeting is scheduled for August 20, 2025, via video conference.
25Jul 25
Spinaroo Commercial Limited Announces Key Leadership Changes and Sets AGM Date
Spinaroo Commercial Limited has made significant leadership changes following a board meeting on July 25, 2025. Ms. Harsha Pugalia has been appointed as Secretarial Auditor for five years, subject to shareholder approval. Mr. Harsh Satish Udeshi is the new Internal Auditor for 2025-26. Mrs. Ankita Periwal has resigned as Company Secretary and Compliance Officer, replaced by Mrs. Megha Khanna. The company's 13th Annual General Meeting is scheduled for August 20, 2025, to be conducted via video conferencing.
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