IP Rings Share Price Today

IP Rings appoints Balavijayan, re-appoints Govindarajan at AGM

IP Rings shareholders approved all four resolutions at its 35th AGM on August 24, 2026. Promoters voted on 99.03% of holdings, ensuring near-unanimous support for all proposals. M. Govindarajan re-appointed and N. Balavijayan appointed as Non-Executive Directors. Cost auditor remuneration for FY27 was ratified by shareholders.

IP Rings signs lease for new manufacturing facility to boost capacity

IP Rings Limited announced the signing of a lease agreement on August 01, 2026, for a new manufacturing facility. This expansion aims to boost production capacity to meet rising business needs. The move was disclosed under SEBI LODR Regulation 30, highlighting the company's focus on scaling operations.

IP Rings to appoint Nagarajan Balavijayan as director at 35th AGM

IP Rings Limited's 35th AGM on August 24, 2026, focuses on adopting FY26 financials and approving board changes. The key agenda includes the appointment of Nagarajan Balavijayan and reappointment of M. Govindarajan as Non-Executive Directors, alongside ratifying cost auditor fees of ₹1,65,000 for M/s A N Raman & Associates for FY27.

IP Rings FY26 Results: Net profit turns positive at ₹269.18 lakhs

IP Rings Limited achieved a net profit of ₹269.18 lakhs in FY26, reversing a previous year's loss of ₹319.79 lakhs. Revenue grew to ₹34,310.13 lakhs. The Board reappointed Muthalagu Govindarajan and appointed Nagarajan Balavijayan as directors, with no dividend declared.

IP Rings acquires JV manufacturing business for Re. 1

IP Rings Ltd signed a slump sale agreement to acquire the manufacturing business of IPR Eminox Technologies Private Limited for Re. 1. The transaction includes the takeover of fixed assets worth ₹2.67 crore and working capital of ₹2.08 crore, alongside bank liabilities of ₹3.45 crore. The manufacturing division recorded a turnover of ₹39 crore in FY26.

IP Rings returns to profitability in FY26 with revenue growth

IP Rings reported a consolidated net profit of ₹171.93 lakh for FY26, reversing the previous year's loss of ₹442.60 lakh, while revenue from operations grew to ₹33,678.62 lakh. The turnaround was supported by higher total income and effective cost control, though results were affected by exceptional items totaling ₹137.21 lakh due to new Labour Codes. The Board approved the audited financial results on May 29, 2026, re-appointed Mr. M. Govindarajan and Mr. Balavijayan Nagarajan as directors, and re-appointed M/s. A N Raman & Associates as Cost Auditors and M/s. S K R and Company LLP as Internal Auditors for the upcoming financial year.