Simplex Castings Ltd — Important, 07-02-2026: Company Update

Simplex Castings' board has approved key strategic moves. The company reported a total income of ₹49.15 Cr and a profit of ₹4.76 Cr for the quarter. For the nine-month period, total income reached ₹148.14 Cr with a profit of ₹15.08 Cr. Critically, the board sanctioned raising up to ₹50.15 Cr by issuing equity shares on a preferential basis at ₹494 per share. This fundraise, along with the reappointment of M/s M D N & Associates as internal auditor for FY2026-27, will be put to shareholder approval at an upcoming Extra Ordinary General Meeting. This capital infusion could fuel future growth.