Sumax Engineering Limited (SUMAX)
📢 Recent Corporate Announcements
Sumax Engineering Limited released its business update for the quarter ended June 30, 2026 (Q1 FY27), reporting revenue from operations of ₹35.68 crore, representing an increase of 4.46% YoY. Profit After Tax (PAT) expanded 24.43% YoY to ₹3.50 crore. The company noted its successful listing on the NSE Emerge platform on September 2, 2026. Proceeds from the IPO are planned for capex towards proposed manufacturing facilities in Rajasthan and Haryana, as well as working capital requirements.
- Revenue from operations reached ₹35.68 crore, up 4.46% YoY
- Profit After Tax (PAT) grew 24.43% YoY to ₹3.50 crore
- Company debuted on the NSE Emerge platform on September 2, 2026
- IPO proceeds planned for proposed manufacturing facilities in Rajasthan and Haryana
Sumax Engineering Limited has issued the notice for its 32nd Annual General Meeting scheduled for September 30, 2026, via Video Conferencing. Key ordinary and special businesses include the adoption of FY2025-26 audited financial statements, the reappointment of Whole-time Director Mrs. Smriti Mehta upon retirement by rotation, and the appointment of M/s. S.S. Reddy & Associates as Secretarial Auditors for a 5-year term. The proposed fee for the secretarial auditor is ₹2,00,000 for FY 2026-27. The voting cut-off date is set for September 23, 2026.
- 32nd AGM scheduled for September 30, 2026, at 02:00 P.M. via Video Conferencing
- Cut-off date for remote e-voting set as September 23, 2026
- Proposed appointment of M/s. S.S. Reddy & Associates as Secretarial Auditors for 5 years at a fee of ₹2,00,000 for FY 2026-27
- Re-appointment of Whole-time Director Mrs. Smriti Mehta who drew ₹9.79 Lakhs remuneration in FY 2025-26
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