Singer India Ltd — Important, 12-11-2025: Company Update
12-11-2025 | 07:50 pm
12-11-2025 | 07:50 pm
Singer India's Board approved the financial results for the quarter and half-year ended September 30, 2025. The Board also approved amending agreements with Singer Sourcing Limited LLC, USA, to license manufacturing and export of Zig Zag Machines under 'Singer' and 'Merritt' brands, involving one-time fees and revised royalty. A significant move is an investment agreement with VSM Group Aktiebolag for a preferential issue of 5,65,397 equity shares at Rs. 79.59 each, raising approximately Rs. 4.50 crore. This capital infusion is subject to shareholder approval. Additionally, the company's registered office will change effective January 15, 2026.
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