Singer India Ltd — Important, 12-11-2025: Company Update

The company's board has approved the financial results for the quarter and half-year, reporting a profit of Rs. 3.83 Cr and Rs. 1.47 Cr respectively. Key operational amendments to agreements with Singer Sourcing Limited LLC were also approved, expanding the license to manufacture/outsource Zig Zag machines in India under "Singer" & "Merritt" brands, and enabling potential exports. Additionally, the board cleared an investment agreement with VSM Group Aktiebolag for a preferential issue of 5.65 lakh equity shares at Rs. 79.59 each, raising approximately Rs. 4.50 Cr to boost capital.