Sobhagya Mercantile Share Price Today

Sobhagya Mercantile discloses AGM voting results, all resolutions passed

All six resolutions at Sobhagya Mercantile's 42nd AGM passed with requisite majority. Voting results submitted to BSE pursuant to SEBI Listing Regulations. Promoter votes excluded from specific director appointment and remuneration resolutions.

Sobhagya Mercantile schedules 42nd AGM for September 29 with remote e-voting

42nd AGM scheduled for September 29, 2026, via VC/OAVM. Remote e-voting opens September 26 and closes September 28. Record date for voting eligibility is September 22, 2026. FY26 PAT rose 41.90% to ₹2,203.87 lakhs; revenue up 47.82%. NSDL engaged as e-voting facilitator; PDTs & Associates as scrutinizer.

Sobhagya Mercantile Q1FY27 revenue falls 21% to ₹414 crore

Sobhagya Mercantile reported a contraction in key financial metrics for Q1FY27, with revenue falling 21% to ₹414 crore and net profit declining 28% to ₹40.8 crore. Despite the volume pressure, the company maintained operational efficiency, with EBITDA margin holding steady at 14.60%. The Board of Directors approved the unaudited results on August 14, 2026.

Sobhagya Mercantile receives environmental clearance for coal mine

Sobhagya Mercantile Ltd secured Environmental Clearance from MoEF&CC for the Marki Mangli IV Coal Mine in Maharashtra on August 7, 2026. The approval covers a production capacity of 0.2 MTPA across 201.69 hectares and is valid for 19 years. This regulatory green light is a prerequisite for commencing mining operations and obtaining further statutory permissions.

Nova Global acquires 6.26% stake in Sobhagya Mercantile

NOVA Global Opportunities Fund PCC- Touchstone acquired 6,50,500 equity shares in Sobhagya Mercantile Limited on July 13, 2026, via warrant conversion. The allotment at a premium of Rs. 664.49 per share results in a 6.26% stake in the company's total voting capital.

Sobhagya Mercantile approves related party transaction

Sobhagya Mercantile Limited announced that shareholders have approved a material related party transaction with MKS Constro-Venture Private Limited. The resolution was passed via a remote e-voting postal ballot process, securing 99.9984% of the votes in favour. Promoters abstained from voting on the resolution.