Shanthi Gears Share Price Today

Shanthi Gears appoints Sai Krishna Alluri as CFO effective Sep 3

Sai Krishna Alluri appointed CFO effective September 3, 2026. Sukanta Kumar Panigrahi ceases to be Interim CFO. Helena Susan appointed Head – HR and designated as SMP. Victor Dharmaraj transitions to new roles, ceasing SMP status.

Tube Investments of India raises Shanthi Gears stake to 73.16%

Tube Investments of India acquired 20,64,713 shares of Shanthi Gears Ltd. The stake increase of 2.69% was executed via a block deal on August 21, 2026. Total promoter holding rose from 70.46% to 73.16%. Total equity capital of Shanthi Gears remains at 7,67,15,853 shares.

Shanthi Gears passes all 53rd AGM resolutions with near-unanimous support

Shanthi Gears Limited shareholders passed all resolutions at its 53rd AGM, including a ₹2 final dividend and the appointment of K Ilango as Independent Director. Voting participation stood at 82.25%, with promoter support exceeding 99%. The Chairman's commission received 96.3% support, marking the highest dissent among approved items.

Shanthi Gears publishes Q1FY27 results in newspapers after 56% profit fall

Shanthi Gears reported a 56% year-on-year decline in Q1FY27 net profit to ₹9.85 crore, driven by lower revenue and higher material costs. The results were formally published in newspapers on July 30, 2026, following board approval.

Shanthi Gears appoints Mr. Sukanta Kumar Panigrahi as interim CFO

Shanthi Gears Limited has appointed Mr. Sukanta Kumar Panigrahi as Interim Chief Financial Officer effective July 13, 2026, following the inability of previously appointed CFO Mr. Sudhir R to join due to personal reasons. Panigrahi, a qualified Chartered Accountant and Company Secretary with 18 years of experience, is currently associated with Tube Investments of India Limited. The Board has also authorized specific Key Managerial Personnel to determine materiality and make disclosures under Regulation 30 of the SEBI Listing Regulations.

Shanthi Gears fixes July 17 record date for ₹5 dividend

Shanthi Gears Limited has fixed July 17, 2026, as the record date for a ₹5 per share dividend, comprising a ₹2 final payout and ₹3 interim dividend. The 53rd AGM is set for July 29, 2026, via video conferencing to adopt audited financial statements and approve director appointments. Remote e-voting is open from July 26 to July 28, 2026.