Simplex Castings Ltd — Results, 30-05-2025: Result

Simplex Castings Ltd. has announced a board meeting to consider the financial results for the quarter and half-year. The company has reappointed Meena Naidu & Associates as Secretarial Auditor for five consecutive financial years starting 2025-26. Mr. Ketan Moolchand Shah has been reappointed as Whole Time Director, Chairman, and CEO for five years, subject to shareholder approval. The company plans a preferential issue of up to 575,862 equity shares at Rs. 246 each, involving both promoter and non-promoter investors. Recent financial activity shows net inflows from long-term borrowings and repayments in short-term borrowings, with interest payments around Rs. 890 crore.