Meyer Apparel Share Price Today

Meyer Apparel Q2FY27 Results: Net loss widens to ₹26 lakh, revenue nil

Net loss for Q2FY27 widened to ₹26.00 lakh from ₹19.05 lakh YoY. Revenue from operations remained nil for both Q2FY27 and H1FY27. Accumulated losses reached ₹6,392.17 lakh, causing negative net worth of ₹3,452.50 lakh. Operating cash outflow of ₹111.15 lakh in H1FY27 was funded by ₹119.30 lakh in new borrowings.

Meyer Apparel Q1 Results: Loss widens to ₹70.45 lakh on legal settlement

Meyer Apparel reported a Q1FY27 net loss of ₹70.45 lakh, widened by a ₹48.00 lakh one-time legal settlement. Statutory auditors flagged going concern risks due to accumulated losses of ₹6,366.45 lakh and negative net worth. Management asserts that operational efficiencies will ensure adequate cash flow.

Meyer Apparel approves FY26 accounts and borrowing limits at AGM

Meyer Apparel Limited held its 33rd AGM on July 09, 2026, approving the adoption of audited standalone financial statements for FY26, which showed a narrowed net loss of ₹78.80 lakhs. Shareholders re-appointed Mr. Pawan Kakra and Mr. Gajender Kumar Sharma as directors and passed special resolutions to increase borrowing limits and avail loans from promoters. All six resolutions were passed with over 99% of votes in favour.

Meyer Apparel FY26 loss narrows to ₹78.80 lakh

Meyer Apparel Limited reported a narrowed net loss of ₹78.80 lakh for FY26 against ₹106.88 lakh in FY25. Revenue from operations fell to ₹8.70 lakh from ₹120.25 lakh in the previous year. The company's net worth has been eroded by accumulated losses, and current liabilities exceed current assets, raising material uncertainty about its ability to continue as a going concern. The 33rd AGM is scheduled for July 9, 2026, via video conferencing.

Meyer Apparel Limited: Promoter Completes 11.04% Inter-se Share Transfer

Meyer Apparel Limited executed a significant inter-se share transfer involving 88,89,000 equity shares (11.04% voting rights) from TIL Investments Private Limited to promoter Gurmukh Singh Thakral at Rs. 2.21 per share, valued at Rs. 1,96,44,690. The transaction increased Thakral's shareholding from 1.80% to 12.84% while maintaining overall promoter group holding at 74.32%, with comprehensive regulatory compliance documentation submitted to BSE Limited.

Meyer Apparel Limited Announces Inter-se Transfer of 11.04% Equity Stake Among Promoter Group

Meyer Apparel Limited has disclosed an inter-se transfer of 88.89 lakh equity shares (11.04% stake) from TIL Investments Private Limited to promoter group member Gurmukh Singh Thakral at ₹2.21 per share. The off-market transaction, scheduled for on or after January 28, 2026, will increase Thakral's shareholding from 1.80% to 12.84% while maintaining overall promoter group control. The transaction falls under SEBI (SAST) Regulations exemption for inter-se transfers among promoter group members.