Jainik Power Cables Business Update
Jainik Power Cables received vendor approvals from MSEDCL to supply conductors and cables, enhancing its market presence in Maharashtra's power infrastructure sector.
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Jainik Power Cables received vendor approvals from MSEDCL to supply conductors and cables, enhancing its market presence in Maharashtra's power infrastructure sector.
Jainik Power Cables allotted 30 lakh convertible warrants at Rs. 151.50 each, aggregating Rs. 45.45 Crore. This preferential issue raises capital via future warrant conversion.
Jainik Power Cables Limited has scheduled its 15th Annual General Meeting for September 30, 2026, to be conducted via video conferencing.
Jainik Power Cables approved waiving recovery of excess managerial remuneration for certain directors. It also approved asset charge creation and scheduled the 15th AGM for September.
Jainik Power Cables held its 01st EGM on August 14, 2026. Shareholders discussed increasing authorized share capital and issuing convertible warrants on a preferential basis.
Jainik Power Cables issued a corrigendum for its upcoming EGM, amending the listing clause and pricing justification for the proposed preferential issue of convertible warrants.
Jainik Power Cables Limited scheduled an Extra Ordinary General Meeting on August 14, 2026, to approve a ₹45.45 Crore preferential warrant issue and capital increase.
Jainik Power Cables approved raising ₹45.45 Crore via preferential issue of 30 lakh convertible warrants and increased its authorized capital to ₹20 Crore.
Jainik Power Cables will hold a board meeting on July 21, 2026. The agenda includes discussing potential fund raising options.
Jainik Power Cables Ltd inaugurates its new HT Cable plant in Sonipat, Haryana. The facility, capable of producing up to 33 kV cables, boosts its integrated portfolio to target ₹750 crore in annual revenue.
Jainik Power Cables secured approved vendor status with APSPDCL for conductors and cables. This empanelment enables participation in future power distribution procurement programs in Andhra Pradesh.
Jainik Power Cables entered a strategic alliance with Sagar Industries for long-term supply of aluminium-based products. The partnership leverages Sagar's ₹100 Crore order book to expand market reach.
Jainik Power Cables obtained key BIS certifications for its aluminium conductors and power cables. This regulatory milestone enables the company to commence large-scale commercial manufacturing operations.
Jainik Power Cables Ltd reported revenue from operations of ₹208.9 Cr (+9.7% YoY) and net profit of ₹7.8 Cr (+62.5% YoY) for H2 FY26.
Jainik Power Cables Limited approved its audited financial results for the year ended March 31, 2026. The results were issued with an unmodified audit opinion.
Jainik Power Cables Limited informed the National Stock Exchange that it does not meet the criteria for a 'Large Corporate' as of March 31, 2026. Consequently, the company is not required to submit detailed disclosures under the SEBI debt-raising framework. This routine regulatory filing clarifies the company's current classification regarding debt securities issuance norms.
Jainik Power Cables Limited submitted a non-applicability certificate for Corporate Governance requirements for the quarter ended March 31, 2026. As an SME-listed entity, it is exempt from Regulation 27(2) of SEBI LODR. This routine regulatory filing confirms the company's current compliance status based on its listing platform.
Jainik Power Cables Limited reported nil investor complaints for the quarter ended March 31, 2026. The filing, submitted under SEBI Regulation 13(3), confirms that no grievances were received through SEBI SCORES, the ODR portal, or other sources during this period.