Saakshi Medtech & Panels Share Price Today

Saakshi Medtech corrects EGM notice for preferential issue

Saakshi Medtech & Panels Limited issued a corrigendum to its May 07, 2026 EGM notice to correct the names of five proposed allottees for a preferential issue, replacing individual partner names with the respective partnership firms. The company also disclosed Mr. Vrajesh K. Shah as the Ultimate Beneficial Owner of PESB Alpha Fund. Shareholders can submit comments on these changes within 48 hours.

Saakshi Medtech pays ₹2,360 fine for Q4FY26 filing delay

Saakshi Medtech and Panels Limited settled a ₹2,360 penalty with the National Stock Exchange of India for a one-day delay in submitting its shareholding pattern for Q4FY26. The company attributed the delay to technical difficulties on the NEAPS portal and confirmed that the fine was paid on June 8, 2026, withdrawing a previous request for a waiver.

Saakshi Medtech shareholders approve capital increase at EGM

Saakshi Medtech and Panels Limited received shareholder approval to increase its authorized capital and issue equity shares on a preferential basis during an EGM held on June 2, 2026. The resolutions passed with 13,520,900 votes in favor, representing 76.58% of total outstanding shares, with no votes against. The voting results were scrutinized by Jay Pandya & Associates and submitted to the National Stock Exchange of India Limited on June 4, 2026.

Saakshi Medtech FY26 net profit rises 161% to ₹1228.97 crore

Saakshi Medtech and Panels Limited reported a 161% rise in net profit to ₹1228.97 crore for FY26, with revenue increasing to ₹11550.64 crore. The audited results, approved by the Board on May 26, 2026, received an unmodified opinion from statutory auditors. Total assets grew to ₹15698.63 crore, supported by strong operating cash flows of ₹1758.36 crore.

Independent Director resigns from Saakshi Medtech board

Saakshi Medtech and Panels Limited announced the resignation of Independent Director Mr. Vishvas Vinayak Palande effective May 20, 2026, due to increased professional commitments. He has also vacated his positions on the Audit, Nomination & Remuneration, Stakeholder Relationship, and CSR committees.

Saakshi Medtech EOGM Set for June 2 to Approve Capital Hike & Laxmi Stake

Saakshi Medtech & Panels announced an EOGM on June 2, 2026, to approve increasing authorised share capital to Rs. 25 crore and a preferential issue of 20,22,940 shares at Rs. 207 each. The issuance, totaling Rs. 41.87 crore, is a share swap to acquire a 34.41% stake in Laxmi Engineering Industries Bhopal Pvt Ltd, a heat transfer equipment manufacturer with a provisional turnover of Rs. 20.29 crore in 2025-26.