Sumeet Industries Limited — Board Meeting, 05-08-2025: Outcome of Board Meeting

Sumeet Industries has announced a board meeting today, approving financial results for the quarter ended June 30, 2025. The board greenlit a 1-for-5 equity share split (Rs. 10 to Rs. 2 face value) to boost liquidity and retail investor access. Authorized capital will update, maintaining Rs. 175 Cr total. A strategic Rs. 20 Cr investment secures a 27% stake in Hi-Urja Techno LLP, adding 14 MW of captive solar power. The company also approved Rs. 22.50 Cr for new FDY lines, increasing capacity to 160 TPD, and Rs. 10.40 Cr for energy-saving compressors, estimated to save Rs. 5 Cr annually. Total captive solar capacity is now 34 MW.