Classic Electrodes (India) Share Price Today

Classic Electrodes appoints Komal Agarwal as Non-Executive Director

Classic Electrodes (India) appointed Mrs. Komal Agarwal as a Non-Executive Non-Independent Director effective July 1, 2026. The Board approved the appointment based on the recommendation of the Nomination and Remuneration Committee.

Classic Electrodes confirms no encumbrance on promoter shares for FY26

Classic Electrodes (India) Limited filed an annual disclosure under SEBI (SAST) Regulations confirming no encumbrance on promoter shares for FY26. Promoters and the promoter group hold 68.77% of the total share capital, with zero shares pledged.

Classic Electrodes FY26 net profit rises to INR12.64 crores

Classic Electrodes (India) reported an 18.48% year-on-year increase in total income to INR244.21 crores for FY26, with a net profit of INR12.64 crores. H2 FY26 total income grew 20.68% to INR121 crores. The company provided FY27 revenue guidance of INR330-350 crores, driven by new product lines including Elastic Railway Clips and flux-cored wire.

Classic Electrodes FY26 Net Profit Rises 8.8% to ₹1,264.03 Lakh

Classic Electrodes (India) reported a net profit of ₹1,264.03 lakh for FY26, an 8.82% increase from the previous year, with total income rising 18.48% to ₹24,421.18 lakh. The company achieved an EBITDA of ₹2,387.24 lakh and a net profit margin of 5.18%, supported by operational efficiencies and product mix expansion. Finance costs decreased significantly due to reduced short-term borrowings, and the company utilized the majority of its IPO proceeds for capital expenditure and debt prepayment.

Classic Electrodes (India) EGM Voting Results: MoA Alteration Approved Unanimously

Classic Electrodes (India) Limited held its EGM on May 5, 2026, to approve the alteration of the MoA's main object clause, incorporating new business activities including elastic rail clips, aluminium wire rods, and steel wires. The resolution was passed unanimously with 10,553,000 votes (58.74% of outstanding shares) entirely in favour, cast by 15 members through remote e-voting. The scrutinizer's report, prepared by Himanshu SK Gupta & Associates, confirmed compliance with the Companies Act, 2013, and results were disclosed to NSE on May 6, 2026.