Simplex Castings Ltd — Important, 01-04-2026: Company Update

Simplex Castings' Board has approved the allotment of 5,061 new equity shares on a preferential basis. These shares, with a face value of ₹10, were issued at ₹494 per share, including a premium of ₹484. The allotment generated ₹0.25 Cr for the company and was made to a non-promoter investor, Abhishek Danbhadur Singh. This move increases the company's paid-up share capital from ₹8.19 Cr to ₹8.20 Cr, strengthening the equity base. The shares will be listed for trading after necessary approvals.