Shiva Texyarn Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
SHIVATEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.6 pts less than Nifty Microcap 250 and 3.6 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Shiva Texyarn Limited reported FY 2025-26 standalone revenue of Rs. 34,052.40 lakhs, up 5.5% from Rs. 32,270.74 lakhs in FY 2024-25. Profit after tax grew 33% to Rs. 1,296.27 lakhs from Rs. 973.80 lakhs. The board recommended a dividend of Rs. 3 per share (30% on face value Rs. 10). Two senior management appointments were made: Sri M Gopalakrishnan elevated as COO (Lamination Division) and Sri G K Raman appointed as President - Strategic Affairs. The company also plans to amend its Memorandum of Association object clause and adopt a new Articles of Association under the Companies Act 2013, both subject to shareholder approval. Statutory auditors issued an unmodified (clean) opinion on the financial results.
Positive signals for shareholders with strong PAT growth of 33% year-on-year, cash profit of Rs. 4,276.60 lakhs from operations, and a dividend recommendation. The clean audit opinion with no qualifications provides further confidence. MOA/AOA amendments are routine compliance updates aligned with Companies Act 2013.