Sumeet Industries
24.26
-3.27(-11.88%)
Market Cap₹1,685.46 Cr
PE Ratio53.31
IndustryTextiles
Company Performance:
1D-11.88%
1M-19.29%
6M-19.75%
1Y+116.80%
5Y+314.70%
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More news about Sumeet Industries
08Apr 26
Sumeet Industries Files Q4FY26 Dematerialization Certificate with Stock Exchanges
Sumeet Industries Limited submitted its Q4FY26 certificate under SEBI Regulation 74(5) to BSE and NSE, confirming no dematerialization requests were received from January to March 2026. The certificate was prepared by registrar Bigshare Services Pvt. Ltd. and filed by Company Secretary Anil Kumar Jain on April 8, 2026, ensuring compliance with quarterly reporting requirements.
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18Mar 26
Sumeet Industries Confirms ₹23.47 Crore Nakoda Acquisition Under Regulation 30
Sumeet Industries Limited has successfully acquired Nakoda Limited's polyester chips manufacturing assets for ₹23.47 crore through a slump sale transaction. The acquisition adds 400 tons per day production capacity and 1,46,000 tons annual capacity, strengthening the company's polyester value chain operations in Gujarat.
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18Feb 26
Sumeet Industries Reports Q3FY26 Results, Announces INR200 Crore Rights Issue
Sumeet Industries Limited reported Q3FY26 consolidated total income of INR267.74 crores with EBITDA of INR16.66 crores and profit after tax of INR9.04 crores during its February 13, 2026 earnings call. The company announced a INR200 crore rights issue and operates at over 95% capacity utilization with plans for 30-40% expansion.
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13Feb 26
Sumeet Industries Makes Q3 FY26 Earnings Call Recording Available Online
Sumeet Industries Limited has successfully conducted its earnings conference call for Q3 and 9M FY26 results on February 13, 2026, featuring senior management including Chairman Mr. Radheshyam B Jaju and Managing Director Mr. Pratik R Jaju. The company has now made the complete audio recording available on its website and informed stock exchanges as per regulatory requirements under SEBI LODR Regulations.
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29Jan 26
Sumeet Industries Receives NSE Approval for Promoter Reclassification with Warning Letter
Sumeet Industries Limited received NSE approval on January 28, 2026, for reclassifying 16 erstwhile promoters from Promoter Group to Public category under Regulation 31A(9) of SEBI LODR. The reclassification includes 10 individual promoters from the Somani family and 6 corporate entities, all currently holding nil shares. However, NSE also issued a warning letter for delayed disclosure compliance, as the company disclosed the application submission 55 days late instead of within the mandated 24 hours.
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20Jan 26
Sumeet Industries Applies for Reclassification of 16 Erstwhile Promoters to Public Category
Sumeet Industries Limited has applied for reclassification of 16 erstwhile promoters from promoter group to public category under SEBI regulations, following an NCLT-approved resolution plan under the Insolvency Code 2016. All entities seeking reclassification currently hold zero shares in the company.
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19Jan 26
Sumeet Industries Board Approves Rights Issue to Raise Up to ₹200 Crore Through Equity Shares
Sumeet Industries' board has approved a rights issue to raise up to ₹200 crore through equity shares. The proposal awaits regulatory approval and shareholder consent before implementation. This capital raising initiative will allow existing shareholders to purchase additional shares proportionally to their current holdings.
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12Jan 26
Sumeet Industries Schedules Board Meeting to Consider Equity Fundraising on January 19th
Sumeet Industries has scheduled a board meeting for January 19th to consider raising funds through equity share issuance. The announcement indicates the company's exploration of capital expansion opportunities, though specific details about the fundraising quantum and intended use of proceeds have not been disclosed.
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12Jan 26
Sumeet Industries Limited Board Meeting Scheduled for January 19, 2026 to Discuss Fund Raising Through Equity Shares
Sumeet Industries Limited has scheduled a board meeting for January 19, 2026, at 3:30 PM to evaluate fund raising through equity shares and other eligible securities. The company will consider various modes including preferential issue, rights issue, or other permissible combinations, subject to necessary approvals. The meeting notification has been sent to BSE and NSE in compliance with SEBI regulations.
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Sumeet Industries
24.26
-3.27
(-11.88%)
1 Year Returns:+116.80%
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