Change in the Registered Office w.e.f. 15.01.2026
SINGERIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Singer India announced multiple decisions from its November 12, 2025 board meeting. For Q2 FY26 (quarter ended Sept 30, 2025), revenue from operations rose to Rs. 13,790 lakhs (up from Rs. 10,576 lakhs year-on-year) and net profit tripled to Rs. 383 lakhs from Rs. 127 lakhs, with EPS at Rs. 0.62. The board approved a preferential issue of 5,65,397 equity shares at Rs. 79.59 each (aggregating ~Rs. 4.5 crore) to Sweden's VSM Group Aktiebolag, a non-promoter, bringing its post-issue holding to about 0.91%. It also amended two trademark license agreements with Singer Sourcing Limited LLC (USA), extending license rights to include Zig Zag machines for manufacture in India and potential exports. Additionally, the registered office will shift within New Delhi from Mohan Co-operative Industrial Estate to Vasant Kunj's ISID Campus effective January 15, 2026, after a fire incident at the old office in July 2025. A postal ballot notice was also cleared for shareholder approval on these items.
The strong Q2 earnings and tripling of profit signal operational recovery, though the small ~Rs. 4.5 crore preferential issue is non-dilutive in scale. The trademark amendment expands Singer India's manufacturing scope for Zig Zag machines, while the office relocation is administrative following the July fire. Overall mildly positive for shareholders, pending postal ballot approval.