Latest stock market news, company updates, and price movements. Stay updated with market trends, earnings insights, and investment analysis.
Raksan Transformers’ promoter group is projected to retain 73.61% after the IPO, following a September 2025 18-for-1 bonus issue and promoter sale.
Raksan Transformers Limited’s Kanda family holds 94.22% of pre-offer equity and occupies three of five board seats, while two independent directors hold none.
Raksan’s power-transformer utilisation reached 95.18% in fiscal 2026, while distribution transformers reached 91.68%, underpinning its proposed Liwaspur, Haryana, factory plan.
Raksan Transformers reports that India met 242.49 GW peak demand while the power shortage fell to 0.03% through December 2025 from 4.2% in FY14.
Raksan Transformers reported Rs 44.70 crore of FY26 purchases from SHR Power, up from Rs 20.20 crore in FY24, alongside Rs 1.42 crore in advances.
Rakshan derived 50.73% of FY26 revenue from government and public utilities, down from 72.99%, as business-to-business sales rose to Rs 178.74 crore.
Raksan Transformers Limited bought Rs 44.70 crore from promoter-group SHR Power Private Limited in FY2026 alongside related factory-property arrangements and borrowing guarantees.
Raksan Transformers plans to lift Sonipat power-transformer capacity to 3,250 MVA from 1,350 MVA, funded by Rs 62.1366 crore of proposed net proceeds.
Raksan cut top-five customer concentration to 46.36% in FY2026, but six states, led by Uttar Pradesh, still generated 97.13% of revenue.
Raksan’s trade receivables rose 41% to Rs 73.21 crore in FY26, limiting operating cash flow to Rs 14.89 crore despite Rs 33.60 crore profit.
Raksan’s working-capital gap is projected to reach Rs 120.02 crore in FY28, nearly triple FY26’s Rs 44.83 crore, as receivables and inventory rise.
Raksan paid Rs 2.64 crore in delayed-delivery charges in Fiscal 2026 and disclosed Rs 2.62 crore in penalty orders over transformer test failures.
The global chemical industry enters a weaker 2026 as commodity overcapacity squeezes utilisation and margins, with United States production volumes projected to fall 0.2%.
Amtech generated 89.78% of fiscal 2026 operating revenue from manufacturing while all manufacturing facilities and its proposed Asoda site are located in Haryana.
Amtech Esters plans an Rs 8.81 crore unsecured loan to raise CPPL pigment capacity by 591 MTPA to 973.2 MTPA, with Rs 5.40 crore for working capital.
Amtech’s promoter and promoter-group stake is projected to decline from 62.65% to 45.51% after a 23,84,000-share fresh issue, assuming full subscription.