Acknit Industries Share Price Today

Acknit Industries Q2FY27 Results: Net profit up 93% YoY to ₹271 lakh

Net profit for Q2FY27 rose 92.6% YoY to ₹271.05 lakh. Revenue from operations increased 12.4% YoY to ₹7,505.48 lakh. Hand gloves segment revenue grew 19.5% YoY to ₹4,105.76 lakh. Operating cash flow declined to ₹280.89 lakh in H1FY27 due to working capital buildup.

Acknit Industries appoints two independent directors, approves ₹1.50 dividend

Acknit Industries shareholders approved a final dividend of ₹1.50 per share at its 36th AGM. Tushar Jhunjhunwala and Amitava Mazumder were appointed as independent directors for five-year terms. Rajarshi Ghosh was re-appointed as an independent director for a second five-year term. All resolutions passed with over 99% support from voting shareholders.

Acknit Industries withdraws Shankar Lal Bajaj re-appointment resolution

Acknit Industries withdrew the re-appointment resolution for Independent Director Shankar Lal Bajaj from its 36th AGM. The resolution was rendered infructuous following Mr. Bajaj's demise on August 21, 2026. The company published the withdrawal notice in newspapers on August 28, 2026, complying with SEBI regulations. Other AGM agenda items, including director appointments and a ₹1.50 per share final dividend, remain unchanged.

Acknit Industries notes demise of independent director Shankar Lal Bajaj

Shankar Lal Bajaj, Independent Director, passed away on August 21, 2026. Company ceased his directorship effective the date of demise. Disclosure delayed until August 26 due to late intimation. Vacancy to be filled within stipulated legal timeframe.

Acknit Industries FY26 Results: Net profit down 9% to ₹81.8 crore

Acknit Industries reported FY26 net profit of ₹818.41 lakh, down 9% YoY due to higher finance costs, while revenue stayed flat at ₹24,076.43 lakh. The Garments segment grew 11%, offsetting a decline in Hand Gloves. A ₹1.50 per share dividend was recommended.

Acknit Industries appoints Tushar Jhunhunwala and Amitava Mazumder as independent directors

Acknit Industries appointed Tushar Jhunhunwala and Amitava Mazumder as Non-Executive Independent Directors effective July 14, 2026. The board also approved the re-appointment of Shankar Lal Bajaj for a second term of five years starting September 25, 2026. All appointments are subject to shareholder approval.