Nitin Castings Share Price Today

Nitin Castings Q2FY27 Results: Net profit jumps 280% YoY to ₹563.77 lakh

Net profit rose 280% YoY to ₹563.77 lakh in Q2FY27. Revenue from operations declined to ₹2,723.59 lakh from ₹3,645.23 lakh YoY. Other income surged to ₹551.71 lakh, significantly boosting total income. Cash and cash equivalents increased to ₹135.44 lakh from ₹12.15 lakh in FY26.

Nitin Castings AGM passes resolutions, regularizes director

All five AGM resolutions passed with 99.99% shareholder support. Voting turnout stood at 72.75% with 3,740,517 votes polled. Meghna Makda regularized as Non-Executive Independent Director. Her new designation is effective from July 25, 2026. Promoter group voted in favour of all resolutions.

Nitin Castings revenue down 2% in FY26; PAT falls to ₹1,062.93 lakh

Nitin Castings reported FY26 revenue of ₹15,123.50 lakh, down from ₹15,447.84 lakh in FY25. Profit after tax declined to ₹1,062.93 lakh from ₹1,241.21 lakh in the previous year. The 43rd AGM is scheduled for September 21, 2026, via video conference. Shareholders will vote on the regularization of Meghna Makda as an independent director. Related party transactions totaling ₹463.97 lakh require ratification.

Nitin Castings delisting offer fails as promoters reject ₹300 price

Nitin Castings Limited's voluntary delisting offer from BSE Limited has failed after promoters rejected the discovered exit price of ₹300 per share. Although 9,08,978 shares were validly tendered by public shareholders, the acquirers found the price unacceptable as it exceeded the floor price of ₹273.36. The company's shares will remain listed on the BSE, and acquirers are barred from making another delisting offer for six months.

Nitin Castings IDC backs ₹273.36 delisting offer for public shareholders

The Committee of Independent Directors of Nitin Castings Limited has recommended the voluntary delisting offer from the promoter group, setting a floor price of ₹273.36 per share. The offer aims to acquire 28.61% of public shares, with the bidding window opening on August 5, 2026.

Nitin Castings appoints Meghna Makda as independent director

Nitin Castings Limited appointed Ms. Meghna Vihang Makda as an Additional Independent Director for a five-year term starting July 25, 2026. The decision was taken by the Board on the recommendation of the Nomination and Remuneration Committee and requires shareholder ratification. Ms. Makda is a Fellow Chartered Accountant with over a decade of experience in financial advisory and audit.