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MITCON Consultancy acquired a 56.09% stake in MITCON Credentia Trusteeship through a Rs 15 Crore cash subscription. The investment funds the investee's GIFT City trusteeship expansion.
MITCON Consultancy & Engineering Services Ltd reported revenue from operations of ₹86.8 Cr (+194.2% YoY) and net profit of ₹6.2 Cr (+520.0% YoY) for Q2 FY27.
MITCON's subsidiary will acquire a 26.72% stake in MITCON Solar Alliance Limited for Rs. 2.40 Crore, making it a step-down subsidiary.
MITCON Consultancy & Engineering Services Limited held its 44th Annual General Meeting on September 17, 2026. The meeting covered financial adoption, director re-appointment, and related party transaction approvals.
MITCON Consultancy & Engineering Services Limited issued a notice for its 44th Annual General Meeting to be held on September 17, 2026.
MITCON Consultancy & Engineering Services Ltd reported revenue from operations of ₹67.6 Cr (+177.0% YoY) and net profit of ₹2.7 Cr (+125.0% YoY) for Q1 FY27.
MITCON Consultancy & Engineering Services Limited scheduled a board meeting for August 13, 2026, to consider its unaudited financial results for the quarter ending June 2026.
MITCON Consultancy's subsidiary, MITCON Credentia Trusteeship Services, incorporated a new wholly-owned subsidiary, MITCON Credentia Corporate Support Services Limited, for Rs. 0.01 Crore to expand its support business.
MITCON Consultancy's subsidiary incorporated a new wholly-owned subsidiary, MITCON Credentia Repository Services Limited, for Rs. 0.50 Crore to expand into repository services.
MITCON's subsidiary invested Rs. 0.51 Crore to incorporate two new wholly-owned step-down subsidiaries, expanding its footprint in repository and corporate support services.
MITCON incorporated a new step-down subsidiary, MITCON Power Trading Limited, for Rs. 0.01 Crore. This entity will focus on expanding business into power trading.
MITCON Consultancy re-appointed Anand Chalwade as Executive Director for five years. Prakash Vaidya and Sanjay Phadke were also appointed as Non-Executive Directors to the board.
MITCON Consultancy submitted voting results for its postal ballot. Shareholders approved the re-appointment of the Managing Director and several material related party transactions.
MITCON Consultancy appointed M/s. Galgali and Associates as Internal Auditor and M/s. Shahane & Co as Tax Auditor. Both appointments carry 12-month terms effective April 2026.
MITCON Consultancy confirmed full utilization of its ₹30.74 Crore rights issue proceeds. Funds were deployed across subsidiary investments, lab upgrades, and working capital requirements.
MITCON Consultancy & Engineering Services Ltd reported revenue from operations of ₹45.2 Cr (+18.6% YoY) and net profit of ₹5.6 Cr (+229.4% YoY) for Q4 FY26.
MITCON approved its audited FY26 financial results, reporting standalone total income of ₹6,539.33 Lakhs. The board also appointed new internal and tax auditors for the upcoming year.
MITCON scheduled a board meeting for May 27, 2026, to approve audited annual financial results. The trading window remains closed until May 30, 2026.
MITCON Consultancy & Engineering Services issued a postal ballot notice for shareholder approval of ₹150 Crore in corporate guarantees for associate solar companies. The ballot also includes the re-appointment of Managing Director Anand Chalwade and the appointment of two new directors.
MITCON Consultancy & Engineering Services Limited has issued a Postal Ballot Notice seeking shareholder approval for the re-appointment of its Managing Director and three material related party transactions involving corporate guarantees of up to ₹50 Crore each for solar subsidiaries. E-voting will occur between May 07 and June 05, 2026.
MITCON Consultancy & Engineering Services Limited announced several board changes. Mr. Anand Chalwade was re-appointed as MD for 60 months. Mr. Prakash Vaidya was appointed as Independent Director, while Mr. Sanjay Phadke transitioned from Independent to Non-Executive Director. Additionally, Mr. Manjunath Jyothinagara resigned due to work pre-occupation.
MITCON Consultancy & Engineering Services approved the re-appointment of MD Anand Chalwade for five years and appointed Prakash Vaidya as an Independent Director. Additionally, Manjunath Jyothinagara resigned, and Sanjay Phadke was re-designated as a Non-Executive Non-Independent Director. These leadership changes aim to strengthen the board and ensure governance continuity.
MITCON Consultancy & Engineering Services Limited clarified to the NSE that recent significant stock price movements are purely market-driven. The company confirmed there is no latest relevant information or Unpublished Price Sensitive Information (UPSI) that hasn't been disclosed to the market.
MITCON Consultancy & Engineering Services submitted a compliance certificate under Regulation 74(5) for the quarter and year ended March 31, 2026. The Registrar and Share Transfer Agent, MUFG Intime India, confirmed that security certificates received for dematerialization were processed, mutilated, and cancelled within prescribed timelines.