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Spacenet Enterprises India Ltd

NSE: SPCENET · Software & Services · 25 announcements

Share price
₹3.31
Market cap
₹188.1 Cr
Revenue (annual)
₹194.7 Cr
Net profit (annual)
₹16.07 Cr
P/E (TTM)
7.5×Sector 21.8×
Promoter holding
15.52%+0.00% QoQ
FII holding
1.65%Current quarter

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

08:38 IST NSE
Results Correction

Spacenet Enterprises India Results Correction

Spacenet Enterprises clarifies that a mismatch in Standalone EPS within its XBRL filing was due to a clerical data entry error. No financial results were changed.

11:43 IST NSE
Employee Stock Options

Spacenet Enterprises India Employee Stock Options

Spacenet's NRC re-granted 6,02,500 ESOPs and allotted 6,04,500 equity shares at ₹1 each. The options vest over four years under the 2021 scheme.

18:02 IST NSE
Annual General Meeting

Spacenet Enterprises India Annual General Meeting

Spacenet Enterprises India Limited issued notice for its 16th Annual General Meeting on September 29, 2026. Agenda covers financial adoption, director appointments, related-party transactions, and fund-raising approval.

18:01 IST NSE
Annual Report

Spacenet Enterprises India Annual Report

Spacenet Enterprises India Limited has submitted its 16th Annual Report for FY 2025-26 and the Notice of the 16th Annual General Meeting.

17:14 IST NSE
Fund Raise

Spacenet Enterprises India Fund Raise of ₹500 Cr

Spacenet Enterprises approved an enabling proposal to raise up to ₹500 Crore in funds. The Board also appointed a new Chairperson and an Additional Director.

Value
₹500.0 Cr
19:21 IST NSE
Board Meeting Date

Spacenet Enterprises India Board Meeting Date

Spacenet Enterprises India Limited scheduled a board meeting for August 14, 2026, to discuss quarterly financial results and potential fundraising. Trading window is closed until August 16, 2026.

10:56 IST NSE
Other Announcement

Spacenet Enterprises India Other Announcement

Spacenet Enterprises India Limited has reconstituted its Audit Committee via circular resolution. The board approved the changes on August 12, 2026.

15:12 IST NSE
Annual General Meeting

Spacenet Enterprises India Annual General Meeting

Shareholders passed all four resolutions via postal ballot with requisite majority. The resolutions include MOA alteration, capital increase, securities issuance, and director appointment.

16:56 IST NSE
Management Change

Spacenet Enterprises India Management Change

Mr. Sethurathnam Ravi resigned as Chairperson and Non-Executive Director of Spacenet Enterprises. This leadership departure marks a significant change in the company's board composition.

17:06 IST NSE
Dividend

Spacenet Enterprises India Dividend

Spacenet Enterprises India Limited declared a 1% interim dividend of Rs. 0.01 per share. The record date is June 5, 2026, with payment completion expected by June 25.

17:02 IST NSE
Financial Results

Spacenet Enterprises India Financial Results

Spacenet Enterprises approved FY26 audited financial results and declared a 1% interim dividend. Consolidated annual total income reached ₹19,946.76 Lakhs with PAT of ₹1,644.89 Lakhs.

Value
₹0.01 Cr
18:47 IST NSE
Board Meeting Date

Spacenet Enterprises India Board Meeting Date

Spacenet Enterprises India Limited scheduled a board meeting for May 29, 2026. Directors will consider audited annual financial results and an interim dividend declaration.

00:39 IST NSE
Annual General Meeting

Spacenet Enterprises India Annual General Meeting

Spacenet Enterprises issued a postal ballot notice seeking approval for capital increases and potential security issuances. Shareholders will also vote on MoA alterations and director appointments.

23:40 IST NSE
Annual General Meeting

Spacenet Enterprises India Annual General Meeting

Spacenet Enterprises issued a postal ballot notice to raise up to ₹200 Crore through QIP or other modes. Resolutions include MOA alteration and capital increase.

Value
₹200.0 Cr
18:21 IST NSE
Management Change

Spacenet Enterprises India Management Change

Spacenet Enterprises India Limited has appointed Mr. Deenadayal Tripurasetty as a Non-Executive Independent Director for a five-year term effective May 6, 2026. Mr. Tripurasetty brings expertise in corporate governance and strategic management. This appointment aims to strengthen the board's oversight as the company expands into diversified business segments.

Execution
60 months
18:10 IST NSE
Board Meeting Outcome

Spacenet Enterprises India Board Meeting Outcome

Spacenet Enterprises India Limited board approved a ₹200 Crore fund raise via QIP or other instruments. It also recommended increasing authorized share capital to ₹100 Crore and amending the company's object clause to include real estate and renewable energy sectors. Additionally, Mr. Deenadayal Tripurasetty was appointed as an Independent Director.

Value
₹200.0 Cr
17:15 IST NSE
Management Change

Spacenet Enterprises India Management Change

Mr. Prathipati Parthasarathi ceased to be an Independent Director of Spacenet Enterprises India Limited effective April 29, 2026. This follows the completion of his five-year term and the non-approval of his reappointment proposal by shareholders via postal ballot.

16:12 IST NSE
Board Meeting Date

Spacenet Enterprises India Board Meeting Date

Spacenet Enterprises India Limited has scheduled a Board Meeting for May 6, 2026. The board will consider proposals for a Qualified Institutions Placement (QIP), increasing the authorized share capital, and appointing an Independent Director.

16:12 IST NSE
Board Meeting Date

Spacenet Enterprises India Board Meeting Date

Spacenet Enterprises India Limited has scheduled a Board Meeting for May 6, 2026. The agenda includes discussing a potential fundraise via Qualified Institutions Placement (QIP), increasing authorized capital, and appointing an Independent Director. This meeting will seek to strengthen the company's capital structure and governance.

01:02 IST NSE
Promoter Selling

Spacenet Enterprises India Promoter Selling

Spacenet Enterprises India Limited sold 30,00,000 equity shares (2.58%) of String Metaverse Limited (SML) via an Offer For Sale (OFS) on April 21-22, 2026. The sale was executed to comply with Minimum Public Shareholding requirements, reducing the promoter group's holding in SML from 4.61% to 2.03%.

Execution
April 21, and 22, 2026
21:24 IST NSE
Promoter Selling

Spacenet Enterprises India Promoter Selling

Spacenet Enterprises India Limited announced an Offer for Sale of up to 30,00,000 equity shares in String Metaverse Limited. The sale represents 2.58% of issued capital and is intended to meet Minimum Public Shareholding requirements. The transaction is expected to conclude by April 22, 2026, via the stock exchange mechanism.

Execution
Expected to be completed by 22.04.2026
21:19 IST NSE
Promoter Selling

Spacenet Enterprises India Promoter Selling: ₹25.15 Cr

Spacenet Enterprises India Limited and other promoters are selling up to 38,10,000 shares (3.27% stake) in String Metaverse Limited via an Offer for Sale. The floor price is set at ₹66 per share, totaling approximately ₹25.15 Crore. The sale occurs on April 21-22, 2026, to achieve minimum public shareholding requirements.

Value
₹25.15 Cr
Execution
2 days