Tag

Manufacturing

57 articles
India’s manufacturing sector is showing signs of renewed momentum, as evidenced by a surge in activity across various companies and a strengthening Purchasing Managers’ Index (PMI). The HSBC India Manufacturing PMI rose to 55.1 in September, reflecting the strongest sector improvement in seven months, driven by increased demand for electronics and textiles. Companies like EFC India are expanding through acquisitions, while others, such as Sunrise Plasto, are resolving legal challenges. Despite some challenges, including a minor fire at Filatex India’s Dahej Plant, the overall outlook for the manufacturing sector appears positive, supported by government initiatives like the Pharma PLI schemes, which have attracted substantial investment and spurred domestic production.
Filatex India Dahej Plant Minor Fire Incident
Filatex India discloses minor fire incident at Dahej Plant central store department on October 3, 2026. Plant operations unaffected with no production loss or serious injuries; fire controlled within
Garware Hi-Tech Films Singapore Investor Meetings
Garware Hi-Tech Films schedules one-on-one investor meetings in Singapore from October 7-9, 2026, organized by Motilal Oswal. Senior management will attend the in-person meetings tentatively scheduled
United Polyfab Gujarat 16th AGM Voting Results
United Polyfab Gujarat disclosed 16th AGM voting results for 9 resolutions, all passed via e-voting on September 29, 2026. Shareholders approved audited financial statements, director reappointment, a
Sunrise Plasto Contempt Petition Withdrawn
Petition filed by Sunrise Plasto against Bihar state agencies was withdrawn by petitioner. No objection from opposite parties; court dismissed the contempt petition as not pressed. Order delivered by
Flexituff Appoints Three Additional Directors
Flexituff Ventures appointed three additional directors, including two independent and one non-independent director, effective October 1, 2026. Appointments are subject to shareholder approval, with t
Coimbatore South Sarvodaya Sangh Wins Writ Relief
Petitioners sought certiorari against Appellate Authority orders dated 19/11/2024 concerning dismissal appeals under the Tamil Nadu Shops & Establishments Act. The High Court identified the key issue
Premier Limited 80th AGM Voting Results Passed
Premier Limited held its 80th AGM via video conference on September 30, 2026, to adopt FY26 financial statements and re-appoint a director. Both ordinary resolutions were passed with overwhelming majo
HSBC India Manufacturing PMI Rises to 55.1 in September
HSBC India Manufacturing PMI rose to 55.1 in September from 52.8 in August, signaling the strongest sector improvement in seven months. New orders grew at the fastest rate since February, driven by de
Amber Enterprises AmberPR Amalgamation NCLT Update
Amber Enterprises provides update on NCLT approval process for amalgamation of subsidiary AmberPR Technoplast. NCLT notes no objections from Income Tax Department and Official Liquidator to the propos
EFC India Completes Ultrafresh Modular 100% Acquisition
EFC (I) Limited completed 100% acquisition of Ultrafresh Modular Solutions via share swap for ₹53.99 crore. Ultrafresh operates in modular furniture with ₹36.32 crore FY26 turnover and manufacturing p
Mallcom India 42nd AGM Approves All Four Resolutions
Mallcom India Ltd held its 42nd AGM via video conference on September 29, 2026, with all four proposed resolutions approved by shareholders. Shareholders approved adoption of FY26 financial statements
D.P. Wire Limited 28th AGM Voting Results
D.P. Wire Limited disclosed voting results for its 28th Annual General Meeting held physically on September 30, 2026. All three proposed ordinary resolutions were passed, including adoption of FY26 fi
Goyal Aluminiums 10th AGM Voting Results Approval
Goyal Aluminiums disclosed voting results for its 10th AGM held on September 30, 2026, via video conferencing. Shareholders approved all seven resolutions, including director appointments and related
NSO Launches CAPEX 2026 Private Investment Survey
NSO launches third Forward-Looking Survey on Private Corporate Sector CAPEX Investment Intentions for October-December 2026 period. Previous CAPEX 2025 survey showed manufacturing sector dominated inv
Apollo Pipes Shareholders Approve Capital Increase and Warrants
Apollo Pipes shareholders approved two resolutions via postal ballot: increasing authorized share capital and a preferential warrant issue. Both resolutions passed with near-unanimous approval, receiv
Flexituff Ventures 33rd AGM Voting Results
Flexituff Ventures held its 33rd Annual General Meeting on September 30, 2026, via video conferencing with e-voting facilities. Seven resolutions were voted on including director appointments, statuto
Rubfila AGM Rejects Premier Tissues Divestment, Approves Dividend
Rubfila International Ltd submits e-voting results for its 33rd AGM held on 29th September 2026. Shareholders approved a final dividend of ₹2.00 per share and reappointment of director Hardik B Patel.
RHI Magnesita India Appoints Pankaj Malhan MD & CEO
RHI Magnesita India shareholders approved Pankaj Malhan's appointment as Managing Director & CEO for a five-year term effective July 1, 2026. Malhan brings three decades of leadership experience in st
India's Pharma PLI Schemes Achieve ₹55,954 Crore Investment
Government reports PLI schemes for pharma, bulk drugs, and medical devices have attracted ₹55,954 crore investment, exceeding targets. Bulk Drugs PLI achieved ₹5,210 crore investment with 39 projects
Prakash Pipes 9th AGM Voting Results
Prakash Pipes Ltd held its 9th Annual General Meeting on September 30, 2026 via video conference with 97 shareholders present. Shareholders approved four resolutions including adoption of FY26 financi
Hindustan Composites 62nd AGM Approves All Resolutions
Hindustan Composites held its 62nd AGM on September 29, 2026, via video conferencing with remote e-voting facility. Shareholders approved all seven resolutions including a ₹2 per share dividend and re
AMD Industries 43rd AGM Approves Director Appointments
AMD Industries held its 43rd Annual General Meeting on September 30, 2026 via video conferencing. Members approved audited financial statements for FY2026 and re-appointment of retiring director Ms. S
Piyush Goyal Attends G20 Trade Ministers Meeting Milwaukee
Commerce Minister Piyush Goyal arrived in Milwaukee to attend the G20 Trade Ministers' Meeting. Goyal interacted with US manufacturing and tech CEOs at a National Association of Manufacturers roundtab
Delta Manufacturing 44th AGM Approves Director Reappointments, RPTs
Delta Manufacturing held its 44th AGM on 30th September 2026 via video conference to transact ordinary and special business. Shareholders approved audited FY26 financial statements and re-appointed Ja
MoSPI ASI 2024-25 Reports 7.81% Manufacturing Output Growth
MoSPI's Annual Survey of Industries reports 7.81% industrial output growth and 7.19% employment growth in registered manufacturing for FY2024-25. Gross Value Added grew by 9.59% to ₹2694.2 thousand cr
MHI Industry Accelerator Report Launches with ₹35.72 Crore
Union Minister HD Kumaraswamy unveiled the Impact Report for the Ministry of Heavy Industries' Industry Accelerator Project at Navigyaan 2026. The program provided ₹35.72 crore in grants to advance 10
Kshitij Polyline 18th AGM Approves All Resolutions Unanimously
Kshitij Polyline held its 18th AGM virtually on September 29, 2026, with 102,847 shareholders on record date. All four resolutions, including financial statement adoption and director reappointments,
NICDC Showcases ₹5.35L Cr Industrial Cities at INNOPROM
NICDC participated in the inaugural INNOPROM India 2026 to showcase India's industrial corridors and smart cities as manufacturing investment destinations. India and Russia set a bilateral trade targe
NICDC Explores Manufacturing Partnerships at INNOPROM India 2026
Commerce Minister Piyush Goyal and Russian counterpart Anton Alikhanov visited NICDC's pavilion at INNOPROM India 2026 exhibition. NICDC presented key initiatives including industrial corridors, PM MI
India August 2026 IIP Growth Rises to 8.0%
India's Index of Industrial Production grew 8.0% YoY in August 2026, accelerating from 6.7% in July. Manufacturing sector expanded 9.0% while Electricity & Gas Supply surged 12.3%, though Mining contr
Technocraft Industries 34th AGM Approves Resolutions
Technocraft Industries held its 34th Annual General Meeting on September 28, 2026 via video conferencing to approve six resolutions. The company reported FY26 consolidated revenue of ₹2,759 crore (up
HSBC Flash India PMI Signals Stronger September Growth
HSBC Flash India Composite PMI rose to 56.5 in September from 54.3 in August, indicating the strongest private sector expansion since June. Manufacturing led the upturn with PMI at 55.7 versus 52.8, r
Lumino Industries Q1 FY27 Net Profit ₹40.2 Crore
Lumino Industries reported Q1 FY27 standalone net profit of ₹40.3 crore on revenue of ₹521.4 crore, approved by the board on September 21, 2026. The company completed its IPO on September 3, 2026, rai
Hy-Tech Engineers Q1 FY27 Net Profit Rises 11% YoY
Hy-Tech Engineers' Board approved unaudited standalone financial results for Q1 FY27, reporting a net profit of ₹45.98 million. Revenue from operations stood at ₹430.41 million, a 10% increase from th
OK Play India Promoters Pledge 21.2% Holding
Disclosure under SEBI Takeover Regulations for encumbrance of promoter shares in OK Play India Ltd. Promoters Rishab Handa, Anandana Handa, and Raghav Handa created a pledge on 15 million shares on 11
Linc Limited FY26 PAT at ₹36.61 Crores, Declares ₹1.50 Dividend
Linc Limited reported FY26 operating income of ₹532.07 crores and PAT of ₹36.61 crores with a 6.9% margin, below company expectations. The Board recommended a dividend of ₹1.50 per share (24.4% payout
ARCL Organics FY26 PAT Drops 60% to ₹4.68 Cr on Settlements
ARCL Organics FY26 PAT declined 60% YoY to ₹4.68 crore due to one-time settlements of ₹6 crore for legacy tax and customs dues. Revenue grew 9.2% to ₹276.25 crore with exports exceeding ₹100 crore and
Hi-Tech Pipes Achieves Record ₹4,200 Crore FY26 Revenue
Hi-Tech Pipes reported record consolidated revenue of ₹4,200 crore with 37% growth and PAT of ₹765.80 crore, while expanding capacity to 1.05 million tonnes. The company commissioned three new manufac
Orient Ceratech Q1 FY27 Standalone Net Profit at ₹5.91 Cr
Orient Ceratech submitted revised unaudited standalone and consolidated financial results for Q1 FY27 after initial filing omitted digital signature. Standalone Q1 revenue grew 8.3% YoY to ₹106.10 Cr
KD Green Industries FY26 Report: Expansion and Audit Results
KD Green Industries published its FY25-26 annual report highlighting strategic diversification into sustainable manufacturing with ₹325 crore expansion to double steel capacity and add 25 MW solar pow
Hariom Pipe FY26 Revenue Up 23% with ₹76 Crore Profit
Hariom Pipe Industries reported 23% revenue growth to ₹1,667 crore and net profit of ₹76 crore for FY26, with strong operational performance across all segments. The company expanded capacity to 7.85
Globus Spirits FY26 Revenue Rises 7% with 280% PAT Surge
Globus Spirits reported 7% revenue growth to ₹3,621 crore with PAT surging 280% to ₹949 million and EBITDA up 68% to ₹2,728 million in FY26. The company recommended a dividend of ₹6.53 per share and e
Himatsingka Seide FY26 Revenue Down 15% to ₹1,882 Crore
Himatsingka Seide reported standalone revenue decline of 15% to ₹1,882 crores and consolidated revenue decline of 4% to ₹2,727 crores amid global challenges. Auditors issued unqualified opinion confir
Arcee Industries FY26 Net Loss ₹35.68 Lakhs
• Arcee Industries reported a net loss of ₹35.68 lakhs for FY 2025-26 with revenue of ₹9.90 lakhs, continuing its non-operational status. • The company will hold its 34th AGM on September 30, 2026, to
Mini Diamonds FY26 Revenue Growth 40% Despite Profit Decline
Mini Diamonds reported 40% revenue growth to ₹5,678 crore in FY26 but net profit declined 53% to ₹1.60 crore amid challenging market conditions. The company approved significant corporate actions incl
Amforge Industries 54th AGM Notice and FY26 Results
Amforge Industries submitted its Annual Report for FY 2025-26, including notice for its 54th AGM to be held via VC on September 29, 2026. The company reported a net loss of ₹4.03 crore for FY26, a sig
Super Iron Foundry FY26 Revenue Jumps 61% on Overseas Expansion
Super Iron Foundry reported consolidated FY26 revenue of ₹25,595 lakhs with operational PAT of ₹1,666 lakhs, driven by 61% growth from overseas subsidiaries. The company's UAE and Saudi Arabia subsidi
Billwin Industries FY26 Revenue Up 14.6% to ₹8.08 Cr
Billwin Industries filed its Annual Report for FY 2025-26 and notice for AGM scheduled on September 30, 2026. Company reported revenue of ₹808.48 lakhs (up 14.6% YoY) but net profit declined 31.2% to
Superior Industrial Enterprises FY26 AGM Notice and Financial Results
Company issued notice for 35th AGM on September 29, 2026 to adopt FY26 standalone and consolidated financial statements showing PAT of ₹108.26 lakhs and ₹176.98 lakhs respectively. Reports consolidate
MTAR Technologies Reports 30% FY26 Revenue Growth to ₹8.76B
MTAR Technologies reported FY26 revenue of ₹8,761.08 million, up 29.61% YoY, with PAT of ₹953.24 million and EBITDA margin of 19.52%. The company achieved record order inflows of ₹24,533 million, clos
Airfloa Rail Technology FY26 Revenue Jumps 66%
Airfloa Rail Technology reported FY26 revenue of ₹319.6 crore, up 66% YoY, with PAT growing 52% to ₹39.15 crore. The company maintains a robust order book of ₹469 crore, with 96% from railway sector a
Fabtech Cleanrooms FY26 Revenue Growth 46% to ₹222 Crore
Fabtech Cleanrooms reported 46.19% consolidated revenue growth to ₹221.72 crore and 18.95% PAT increase to ₹15.82 crore in FY26. The company tripled its order book to ₹140.90 crore and expanded into s
Sprayking FY26 Profit Drops 82.9% Amid Production Disruptions
Sprayking Limited reported an 82.9% decline in standalone net profit to ₹37.69 lakhs for FY26, with total income falling to ₹5,397.76 lakhs due to production disruptions and weaker demand. The company
Virtuoso Optoelectronics Q1 Net Profit at ₹8.38 Crore
Virtuoso Optoelectronics reported Q1 FY27 standalone net profit of ₹8.38 crore on revenue of ₹375.47 crore. Board approved conversion of ₹9.99 crore inter-corporate deposit into 17,452 equity shares o
Ajax Engineering FY26 Results and 34th AGM Notice
Ajax Engineering reported FY26 net profit of ₹2,251.45 million with total revenue of ₹21,025.37 million and assets of ₹5,977.67 million as of March 31, 2026. The company issued notice for its 34th Ann
Ajax Engineering FY26 Revenue Rises 1.4% to ₹21,025M
Ajax Engineering reported FY26 revenue of ₹21,025 million with 1.4% YoY growth, while PAT declined 13.4% to ₹2,251 million due to CEV-V emission norm transition costs. The company maintained 73.5% SLC
Madhav Valia Sells 15.27% Stake in East India Drums
Promoter Madhav Jayesh Valia sold 22.55 lakh shares (15.27% stake) in East India Drums and Barrels Manufacturing Ltd via open market OFS on August 25, 2026. The sale reduced Valia's holding from 50.92