Sumit Woods Share Price Today

Sumit Woods seeks shareholder approval for related-party deals

Sumit Woods Limited has launched a postal ballot for shareholders to approve related-party transactions and executive remuneration for FY26-27. The e-voting window runs from August 1 to August 30, 2026, with results expected by September 1, 2026.

Sumit Woods receives Full Commencement Certificate for Borivali project

Sumit Woods Ltd secured the Full Commencement Certificate for its SUMIT KMR PARAM project in Borivali West on July 20, 2026. Valid until March 4, 2027, the certificate permits construction of a 37-floor residential building. The approval follows previous incremental certificates and is subject to conditions under the Maharashtra Regional and Town Planning Act, 1966.

Sumit Woods declares first dividend, reports FY26 PAT of ₹5.99 crore

Sumit Woods Limited reported a consolidated PAT of ₹5.99 crore for FY 2025-26, with an operating EBITDA of ₹20.29 crore. The company declared its first dividend of ₹0.20 per share and secured a project pipeline worth ₹5,130 crore. Net Worth increased by 21.2% to ₹180.37 crore, supported by strategic investments and warrant conversions.

Sumit Woods Postal Ballot: Members Approve Regularisation of Non-Executive Director Appointment

Sumit Woods Limited completed its postal ballot on May 08, 2026, with members approving the regularisation of Mrs. Kavita Bhushan Nemlekar (DIN: 02067121) as Non-Executive Non-Independent Director via an Ordinary Resolution. The e-voting period ran from April 09, 2026 to May 08, 2026, facilitated by NSDL, with the cut-off date for eligible shareholders set at March 27, 2026. The scrutinizer's report, submitted by Mr. Vijay Yadav of M/s. AVS & Associates on May 09, 2026, confirmed the resolution was duly passed with 100.00% votes in favour on total votes polled. The results were disclosed to the National Stock Exchange of India Limited under Regulation 44 of the SEBI (LODR) Regulations, 2015.

Sumit Woods Limited Issues Postal Ballot Notice for Shareholder Vote on MD Continuation Beyond Age 70

Sumit Woods Limited has issued a postal ballot notice on May 08, 2026, seeking shareholder approval via special resolution for the continuation of Managing Director Mr. Mitaram Jangid (DIN: 00043757) beyond the age of 70 years, which he will attain on June 18, 2026. His re-appointment was previously approved for the period May 26, 2023 to May 25, 2028, with remuneration of ₹3,50,00,000 p.a. and all existing terms to remain unchanged. Remote e-voting via NSDL is open from May 09, 2026 at 9:00 A.M. to June 08, 2026 at 5:00 P.M., with results to be declared on or before June 10, 2026.

Sumit Woods Subsidiary Secures ₹737 Crore Redevelopment Project in Mahim

Sumit Woods subsidiary has entered into an agreement for the Nav Vidya Laxmi CHSL redevelopment project in Mahim, valued at approximately ₹737 crores with 170,000 sq ft FSI area. This significant project strengthens the company's position in Mumbai's prime real estate redevelopment market and represents a substantial addition to its revenue pipeline.