Indo National Share Price Today

Indo National settles ₹2.36 crore distributor dues via promoter group deal

Indo National approved a MoA to settle distributor payables totaling ₹2.36 crore. Cessation of distribution rights in Bihar, West Bengal, and North-Eastern States effective September 26, 2024. Transaction involves promoter group member Rajendra Prasad Khaitan and is classified as a related party transaction. Non-compete and non-solicit obligations imposed on distributors and promoter group member.

Indo National invests ₹3.91 crore in Axial Aero via CCPS

Indo National invested ₹3.91 crore in Axial Aero Private Limited via Class C CCPS. Aggregate stake in Axial Aero rises to 7.97% from 7.67% previously. Axial Aero reported FY26 turnover of ₹1.43 crore, up from ₹19.87 lakh in FY25. Acquisition priced at ₹1,109.10 per share based on registered valuer report. Transaction is not a related party deal; no promoter interest involved.

Indo National acquires 0.79% stake in Medcuore for ₹49.9 lakh

Indo National Limited acquired an additional 0.79% stake in Medcuore Medical Solutions Private Ltd for ₹49,89,880. The total shareholding in MMSPL now stands at 63.07%, with shares purchased at ₹14,056 each. Medcuore reported a turnover of ₹1.45 crore in FY26, a significant increase from ₹35.41 lakh in FY25. The acquisition is aimed at business expansion and profit generation, with no related party interests involved.

Indo National 53rd AGM: all 5 resolutions pass, ₹3.75 dividend approved

Indo National Ltd's 53rd AGM, held September 28, 2026, saw all five resolutions pass with requisite majority. A final dividend of ₹3.75 per equity share (75% of face value of ₹5 each) for FY26 was approved. Total votes polled stood at 4,558,097, representing 60.77% of 7,500,000 outstanding shares. The special resolution on commission to Non-Executive Independent Directors received 92.49% votes in favour. Scrutinizer M. Damodaran of M Damodaran & Associates LLP confirmed zero abstained or invalid votes across all resolutions.

Indo National invests ₹3.91 Cr in Axial Aero for 7.97% stake

Indo National invests ₹3.91 crore in Axial Aero via Class C CCPS. Stake rises to 7.97% on a fully diluted basis post-transaction. Deal priced at ₹1,109.10 per share in Pre-Series A-1 round. Company retains right to nominate one director to Axial Aero's board. Target firm develops flight simulation tech for military and commercial use.

Indo National raises Medcuore stake to 62.28% via ₹25 lakh investment

Indo National acquires additional 0.41% stake in Medcuore Medical Solutions for ₹25,01,968. Total holding in MMSPL rises to 62.28% on a fully diluted basis. Share price set at ₹14,056 per equity share based on August 2026 valuation. Target entity MMSPL reported FY26 turnover of ₹1,45,60,000, up from ₹35,41,484 in FY25. Transaction is not a related-party deal; completion expected by FY27-28.