Sunita Tools Business Update
Sunita Tools received another advance payment tranche against its existing 155mm M107 shells defence order. No specific amount was disclosed in the press release.
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Sunita Tools received another advance payment tranche against its existing 155mm M107 shells defence order. No specific amount was disclosed in the press release.
Sunita Tools Limited held its 39th Annual General Meeting on September 08, 2026, through video conferencing to transact business as per the agenda.
Sunita Tools acquired a 90% stake in a capital goods manufacturer. It also added two new CNC machines to its subsidiary to meet rising demand.
Sunita Tools entered into a five-year MoU with an undisclosed partner for strategic manufacturing and tendering collaboration. No commercial value or order is currently committed.
Sunita Tools Ltd has scheduled its 39th Annual General Meeting for September 08, 2026. The meeting will be held via video conferencing to transact business.
Sunita Tools Limited's board approved raising equity capital through permissible modes, not exceeding 5 lakh shares. The company also finalized the AGM notice and annual reports.
Sunita Tools Limited has scheduled a board meeting for August 14, 2026, to discuss equity capital raising and the upcoming Annual General Meeting.
Sunita Tools signed an MoU with a Polish Defence Mfg Co for drone and ammunition development. The partnership focuses on research and manufacturing in India.
Sunita Tools Limited has received the first tranche of advance payment for a defence order to supply 155mm M107 empty shells.
Sunita Tools is pivoting from precision engineering to a defense powerhouse, focusing on 155mm artillery shells and grease cartridges with major capacity expansions and US/Polish acquisitions.
Sunita Tools Limited subsidiary NMI secured a $97,632 order from a supply chain firm. The company also delivered NATO-spec shell prototypes, boosting its defence sector visibility.
Sunita Tools Limited submitted revised audited standalone and consolidated financial results for FY2025-26. The revision corrects clerical and typographical errors found in the original May 2026 filing.
Sunita Tools Limited scheduled a board meeting on May 15, 2026, to approve audited financial results. The trading window remains closed for designated persons.
Sunita Tools Limited's subsidiary, Sunita Defence Inc, acquired a 51% stake in US-based New Mold Innovations LLC for ₹3.98 Crore (USD 419,000). The acquisition provides entry into the US specialty grease and mold manufacturing markets. The deal involves two tranches and a preferred profit distribution mechanism until recovery of USD 344,000.
Sunita Tools Limited has established a new full-time office in Chicago, USA, for its subsidiary, Sunita Defence Inc. The facility will focus on bidding for defense contracts, including 155mm M107 shells, and exploring acquisitions in the aerospace and engineering sectors. This move signals the company's strategic expansion into the North American defense market.
Sunita Tools Limited confirmed it does not meet the criteria for 'Large Corporate' classification as of March 31, 2026. The company reported outstanding borrowings of ₹7.90 Crore. Consequently, it is not required to make mandatory debt-market borrowings or related disclosures for the Financial Year 2026-27.