Outcome of Board Meeting under Regulation 30 (read with Part A of Schedule III) and Regulation 33, 52 and other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) ....

The Board of Directors of SMT Engineering Limited approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2025, along with the auditor's reports issued by M/s NKSJ & Associates. The statutory auditors issued an unmodified (unqualified) opinion on both the standalone and consolidated financial statements. On the standalone side, the company reported a profit before tax of Rs 18.76 lakhs, swinging from a loss of Rs 185.57 lakhs in the previous year, with profit after tax turning positive as well. Total income grew sharply year-on-year, reflecting expanded trading activity. A major highlight was the acquisition of 100% stake in Sai Machine Tools Private Limited (SMTPL) on March 26, 2025, funded partly through a share swap (94.64 lakh equity shares at Rs 29 each) and partly through a preferential cash issue of 33.81 lakh shares at Rs 67 each, raising around Rs 22.65 crores. Authorised share capital was also raised from Rs 4 crore to Rs 17 crore. Total assets surged from Rs 683.78 lakhs to Rs 5,693.37 lakhs (standalone), driven mainly by the acquisition and capital infusion.