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Elin Electronics LimitedOthers, 08-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

08-02-2025 | 03:12 pm

Elin Electronics Limited has announced a board meeting outcome regarding key business decisions. The board approved the unaudited consolidated financial results, reflecting a total income of ₹2,684.51 crore for the quarter ending December 31, 2024, with a net profit of ₹13.99 crore. Furthermore, 2,50,000 stock options were granted to eligible employees under the 'ESOP 2024.' Ms. Priyanka Jain was appointed as an Additional Non-Executive Independent Director for a five-year term, pending shareholder approval. The launch of new products, including doorbells and air fryers, is also scheduled for Q2 FY26, enhancing market opportunities. Investors may view this as a positive outlook due to strategic appointments and product expansion aimed at driving growth.

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