Smiths & Founders (India) Ltd - 513418 - Announcement Under Regulation 30 (LODR)
Smiths & Founders' Board approved the continuation of Mr. Suresh Shastry as Chairman & Managing Director beyond his 70th year, citing his vast experience. Additionally, the Board approved an alteration to the Memorandum of Association, enabling the company to undertake corporate restructuring activities such as mergers and acquisitions. Both approvals are subject to shareholder endorsement at the upcoming AGM on July 24, 2026.
Jun 30 2026 16:03:51
Smiths & Founders (India) Ltd - 513418 - Announcement Under Regulation 30 (LODR)
Smiths & Founders' Board approved the alteration of its Memorandum of Association to enable various corporate restructuring activities like mergers and acquisitions. Additionally, the board approved the continuation of CMD Mr. Suresh Shastry's term, subject to shareholder approval at the upcoming AGM.
Jun 29 2026 11:52:32
Smiths & Founders (India) Ltd - 513418 - Board Meeting Outcome for Intimation Of Outcome Of The Board Meeting Held On 29.06.2026.
Smiths & Founders board approved the alteration of its object clause to permit various forms of corporate restructuring including mergers, demergers, and acquisitions. Additionally, the board approved the continuation of Mr. Suresh Shastry's term as Chairman and MD, subject to shareholder approval.
Jun 29 2026 11:48:44
Smiths & Founders (India) Ltd - 513418 - Announcement Under Regulation 30 (LODR)
Smiths & Founders executed a merger agreement with SKF Elixer India Private Limited. The merger aims for growth and diversification, bringing in an entity with a turnover of Rs.235.45 crore, significantly expanding company's scale.
Jun 17 2026 17:44:41
Smiths & Founders (India) Ltd - 513418 - Announcement under Regulation 30 (LODR)-Meeting Updates
Smiths & Founders Board approved exploring a merger with SKF Elixer India Private Limited. This is subject to due diligence, valuation, scheme finalization, and approvals from shareholders and regulators. The board also authorized appointing intermediaries for the process.
Jun 10 2026 15:17:25
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