Thursday, 8 October 2026 Every NSE & BSE announcement, by company
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Elgi Rubber Company Ltd

NSE: ELGIRUBCO · BSE: 590023 · Automobiles & Auto Components · 16 announcements

Share price
₹57.85
Market cap
₹289.5 Cr
Revenue (annual)
₹366.5 Cr
Net profit (annual)
₹-240.2 Cr
P/E (TTM)
-1.5×Sector 31.7×
Promoter holding
65.03%+0.00% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

18:23 IST NSE
Merger & Restructuring

Elgi Rubber Company Merger & Restructuring Worth ₹12 Cr

Elgi Rubber Company Limited sold land and buildings in Ranga Reddy, Telangana for ₹12 Crore to Vega Elite LLP.

Value
₹12.00 Cr
15:53 IST NSE
Annual General Meeting

Elgi Rubber Company Annual General Meeting

Elgi Rubber Company Limited held its 20th Annual General Meeting via video conferencing on August 27, 2026, to conduct ordinary and special business.

19:06 IST NSE
Merger & Restructuring

Elgi Rubber Company Merger & Restructuring Worth ₹6.08 Cr

Elgi Rubber Company Limited's board approved the voluntary winding-up of its inoperative wholly-owned subsidiary, Pincott International Pty Limited. The closure has no material impact on company financials.

Value
₹6.08 Cr
19:06 IST NSE
Merger & Restructuring

Elgi Rubber Company Merger & Restructuring Worth ₹0.75 Cr

Elgi Rubber Company is initiating voluntary winding up of its dormant, non-material wholly-owned subsidiary in Kenya. This closure has no material financial impact on the company.

Value
₹0.75 Cr
Execution
Expected by 2027-03-31
19:05 IST NSE
Merger & Restructuring

Elgi Rubber Company Merger & Restructuring Worth ₹1.66 Cr

Elgi Rubber Company approved reversing Rs.1.66 Crore of interest receivable from its overseas subsidiaries to reduce their interest burden and improve financial positions.

Value
₹1.66 Cr
19:48 IST NSE
Annual General Meeting

Elgi Rubber Company Annual General Meeting

Elgi Rubber Company scheduled its 20th AGM for August 27, 2026. The company also requested shareholders to update their KYC details for physical holdings.

11:18 IST NSE
Board Meeting Date

Elgi Rubber Company Board Meeting Date

Elgi Rubber Company Limited has scheduled a board meeting for August 12, 2026. The board will consider standalone and consolidated unaudited financial results for the June quarter.

18:13 IST NSE
Merger & Restructuring

Elgi Rubber Company Merger & Restructuring Worth ₹12 Cr

Elgi Rubber Company agreed to sell non-core land and buildings in Hyderabad for ₹12 Crore. The transaction is expected to conclude by September 30, 2026.

Value
₹12.00 Cr
14:54 IST NSE
Merger & Restructuring

Elgi Rubber Company Merger & Restructuring Worth ₹43.5 Cr

Elgi Rubber sold land and building in Coimbatore for ₹43.5 Crore to an unrelated buyer. The transaction, approved via special resolution, is completed on 25 June 2026.

Value
₹43.50 Cr
18:22 IST NSE
Credit Rating

Elgi Rubber Company Credit Rating

Elgi Rubber's credit rating was downgraded by Infomerics to IVR BB-/Negative due to large impairment losses and weak profitability. The downgrade signals heightened credit risk and potential liquidity pressure.

19:14 IST NSE
Business Update

Elgi Rubber Company Business Update

Elgi Rubber Company agreed to sell a Coimbatore land parcel for ₹43.50 Crore. The transaction involving non-core assets is expected to conclude by June 2026.

Value
₹43.50 Cr
Execution
Expected to complete on or before 30th June, 2026
19:20 IST NSE
Debt & Borrowing

Elgi Rubber Company Debt & Borrowing: ₹1.64 Cr

Elgi Rubber approved a ₹1.64 Crore interest reversal on loans to its US and Brazilian subsidiaries. The move aims to reduce subsidiary debt burdens and improve financial health.

Value
₹1.64 Cr
19:19 IST NSE
Board Meeting Outcome

Elgi Rubber Company Board Meeting Outcome

Elgi Rubber approved the five-year re-appointments of MD Sudarsan Varadaraj and WTD Harsha Varadaraj. Internal and cost auditors were also re-appointed for 12 months.

Execution
60 months
18:57 IST NSE
Financial Results

Elgi Rubber Company Financial Results

Elgi Rubber Company Limited reported audited financial results for the year ended March 31, 2026. The Board also approved the re-appointment of directors and auditors.