Sumeet Industries Limited — Others, 05-08-2025: Amendment to AOA/MOA

Sumeet Industries has announced several key decisions. The board approved the financial results for the quarter ended June 30, 2025. A 1:5 stock split was approved, transforming each Rs. 10 share into five Rs. 2 shares to enhance liquidity and investor access, pending shareholder approval. The company will invest Rs. 20 Cr for a 27% stake in Hi-Urja Techno LLP to secure 14 MW of solar power, boosting its total captive solar capacity to 34 MW. Further investments include Rs. 22.50 Cr for new production lines, increasing capacity from 120 to 160 TPD, and Rs. 10.40 Cr for new compressors, aiming for Rs. 5.00 Cr annual power savings. These initiatives target growth, cost efficiency, and sustainable energy sourcing.