Bansal Wire Industries Limited has informed the Exchange regarding Notice of 40th Annual General Meeting to be held on Friday, September 19, 2025
BANSALWIRE · price
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Awaiting price reaction for this filing.
Bansal Wire Industries has informed the exchange about its 40th Annual General Meeting scheduled for Friday, September 19, 2025. The AGM Notice and Annual Report for FY 2024-25 are being sent electronically to all shareholders whose email IDs are registered with the company or its RTA (KFin Technologies). The Annual Report highlights a strong FY25 performance: Revenue grew 42.2% year-on-year to ₹35,072 million, EBITDA nearly doubled (up 86.4%) to ₹2,782 million, and Profit After Tax surged 94.5% to ₹1,463.7 million. The company is India's largest stainless steel wire and second-largest steel wire manufacturer by volume, with 5,000+ customers, 3,000+ SKUs, and exports to 50+ countries. Key strategic milestones include a successful IPO in 2024, commissioning of the Dadri facility (India's largest single-location steel wire plant), and entry into high-margin specialty wires like tyre bead wire, hose wire, and steel tyre cord. Plans include a ₹250 crore greenfield facility at Sanand, Gujarat, targeting 90,000 tonnes capacity by FY27.
This is a routine AGM notice filing — typically neutral for stock price in the short term. However, the accompanying Annual Report showcases robust financial growth and a clear expansion roadmap into specialty wires, which is a positive signal for long-term investors tracking margin expansion and capacity growth.