Magna Electrocastings Ltd

Annual General Meeting

Magna Electrocastings Annual General Meeting

Magna Electro Castings Limited held its 36th Annual General Meeting on September 9, 2026. Shareholders approved resolutions, including dividend declaration and reappointment of directors.

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Magna Electrocastings Capacity Expansion: ₹17 Cr Investment

Magna Electro Castings is investing Rs. 17 Crore to establish its first in-house machining division. The facility, featuring 7 CNC machines, is expected to be commissioned by January 2027.

Value

₹17.00 Cr

Execution

Expected commissioning by January 2027

Merger & Restructuring

Magna Electrocastings Merger & Restructuring

Magna Electro Castings' board has approved the merger of Samrajyaa Precision Machining Private Limited into itself. The consolidation aims to integrate machining capabilities and achieve operational synergies.

Financial Results

Magna Electrocastings Q1 FY27 Results: Net Profit ₹3.7 Cr, Down 44.8% YoY

Magna Electrocastings Ltd reported revenue from operations of ₹50.8 Cr (+4.7% YoY) and net profit of ₹3.7 Cr (-44.8% YoY) for Q1 FY27.

Key figure

Net profit ₹3.7 Cr · -44.8% YoY