Garg Furnace Investor Presentation: Key Takeaways
Garg Furnace is pivoting from commodity mild steel to higher-margin alloy steel, targeting auto and defense sectors through Vaneera Industries integration.
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Garg Furnace is pivoting from commodity mild steel to higher-margin alloy steel, targeting auto and defense sectors through Vaneera Industries integration.
Garg Furnace Limited clarified that recent stock price movements were market-driven and that the company has not withheld any material price-sensitive information.
Garg Furnace Ltd conducted its 53rd Annual General Meeting on August 29, 2026. Shareholders reviewed and approved various ordinary and special business items presented.
Garg Furnace's 51% subsidiary, Vaneera Industries, has commissioned Phase-1 of its alloy steel forgeable billets manufacturing facility in Ludhiana. This adds 1,00,000 MT per annum capacity.
This corrigendum amends the explanatory statement for Item No. 05 regarding a proposed preferential issue of warrants in the upcoming AGM on August 29, 2026.
Garg Furnace Ltd reported revenue from operations of ₹57.2 Cr (-5.0% YoY) and net profit of ₹1.7 Cr (+41.7% YoY) for Q1 FY27.
Garg Furnace Ltd will hold a board meeting on August 14, 2026, to approve the standalone and consolidated financial results for the quarter ended June 30, 2026.
Garg Furnace Limited has issued a notice for its Annual General Meeting to be held on August 29, 2026. The meeting agenda includes financial statement adoption and warrant issuance.
Garg Furnace Ltd has submitted its Annual Report for the financial year 2025-2026. The report includes the notice convening the 53rd Annual General Meeting.
Garg Furnace Ltd has scheduled its 53rd AGM for August 29, 2026. The agenda includes approving a preferential issue of 13.98 lakh convertible warrants.
Garg Furnace Ltd approved a preferential issue of 13.98 lakh warrants at ₹126.50 each, raising ₹17.68 Crore for the company.
Garg Furnace Ltd has scheduled a board meeting for July 31, 2026, to consider financial results and a proposal for fund raising via preferential issue.
Garg Furnace Ltd filed its quarterly shareholding pattern statement for the period ending June 30, 2026. The filing provides the latest distribution of equity shareholding.