Havells India Adverse Business Impact
Havells discloses a worker disturbance at its Alwar plant on November 3, 2026. Management is in discussions; no operational halt reported.
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Havells discloses a worker disturbance at its Alwar plant on November 3, 2026. Management is in discussions; no operational halt reported.
Havells India disclosed that its President, Samir Kirit Anjaria, resigned effective October 27, 2026. The filing attaches his resignation letter.
Havells employees exercised 61,135 shares under the ESPS 2022 scheme, administered by the Employees Welfare Trust. Shares will be transferred to eligible employees after allotment to the Trust.
Strong 35% revenue growth masks margin pressure in cables due to raw material volatility and seasonal Lloyd losses.
Havells delivered 35% YoY revenue growth in Q2 FY27, driven by strong volumes across segments. EBITDA grew 30.5% despite softer contribution margins in cables due to volatile aluminum prices.
Havells India Ltd reported revenue from operations of ₹6,432 Cr (+34.6% YoY) and net profit of ₹349.2 Cr (+9.7% YoY) for Q2 FY27.
HDFC Mutual Fund acquired 1,00,127 equity shares of Havells India Ltd via open market, increasing its total shareholding to 5.012%.
Havells India Limited has appointed Mr. Yudhishter Shringi as Executive Vice President & SBU Head, effective 12th October 2026.
Havells India will hold a board meeting on 22nd October, 2026, to consider and approve the standalone and consolidated unaudited financial results for the quarter ended September 2026.
Havells India Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI regulations.
Havells India Limited announced the vesting of 61,135 shares to eligible employees under the Havells Employees Stock Purchase Scheme 2022.
Havells India Limited received credit ratings from CARE for its bank facilities and commercial paper, with long-term instruments rated CARE AAA and short-term rated CARE A1+.
Havells India Limited has been assigned a 'CG 1' Corporate Governance Rating by CARE Analytics and Advisory. This rating represents the highest level on a six-point scale.
Havells India announced the results of its Postal Ballot, confirming the appointment of Shri Ashish Dhawan and Ms Shanti Ekambaram as Independent Directors.