Electrotherm (India) Management Change
Electrotherm's Managing Director Shailesh Bhandari was redesignated Executive Vice Chairman effective November 4, 2026. The change is subject to shareholder approval.
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Electrotherm's Managing Director Shailesh Bhandari was redesignated Executive Vice Chairman effective November 4, 2026. The change is subject to shareholder approval.
Electrotherm (India) Ltd reported revenue from operations of ₹912.4 Cr (+12.0% YoY) and a net loss of ₹20 Cr for Q2 FY27.
Electrotherm disclosed a Rs 59.81 Crore default on bank loans as at 30 September 2026. The loans were assigned to an ARC under a settlement.
Electrotherm (India) will hold a board meeting on 4 November 2026 to consider unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026. The trading window stays closed until 48 hours after results.
Electrotherm (India) Ltd submitted its quarterly shareholding pattern as of September 30, 2026. This periodic filing is for regulatory compliance purposes.
Electrotherm (India) Limited conducted its 40th Annual General Meeting on September 28, 2026. Shareholders considered financial statements, director appointments, auditor remuneration, and material related party transactions.
Electrotherm (India) reported that the Directorate of Enforcement issued a provisional attachment order, freezing ₹25.08 Crore in company bank accounts on September 25, 2026.
Promoter Suraj Shailesh Bhandari acquired 80,000 equity shares of Electrotherm (India) Ltd via an off-market gift transaction on September 10, 2026.
Promoter Bhandari Rakesh gifted 80,000 shares to promoter Suraj Bhandari in an off-market inter-se transfer. No change in aggregate promoter holding; 3,00,000 promoter shares remain pledged.
Electrotherm (India) Ltd submitted its 40th Annual Report for the financial year ended 31st March, 2026, including notice of the 40th Annual General Meeting.
Electrotherm (India) Ltd issued the notice for its 40th Annual General Meeting, scheduled for September 28, 2026, via video conferencing to transact business.
Electrotherm (India) Limited appointed Mr. Davesh Khandelwal as Whole Time Director for three years. Mr. Rajesh Bhalchandra Patel also joined as a Non-Executive Director.
Electrotherm (India) allotted 1.095 Crore Non-Cumulative Redeemable Preference Shares to existing shareholders. This action aligns with a deemed redemption under NCLT order.
Electrotherm (India) Ltd reported revenue from operations of ₹913.4 Cr (+9.5% YoY) and net profit of ₹6.9 Cr (-75.2% YoY) for Q1 FY27.