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Classic Filaments Limited announced the completion of its acquisition of 51% of the equity shares of Procasts Engineering Private Limited, making it a subsidiary company, according to a filing with the Bombay Stock Exchange on Saturday. The acquisition, completed on September 1, 2026, involved a cash consideration of Rs 12,00,24,847.50, and the company noted that the promoters of both entities share common interests, with the transaction occurring at arm’s length. Additionally, Classic Filaments appointed Narendra Singh Negi as the company’s Internal Auditor for the financial year 2026-2027.

Net profit of Classic Filaments reported to Rs 0.02 crore in the quarter ended June 2026 as against net loss of Rs 0.05 crore during the previous quarter ended June 2025. Sales reported to Rs 0.14 crore in the quarter ended June 2026. There were no Sales reported during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales0.140 0 OPM %14.290 - PBDT0.02-0.05 LP PBT0.02-0.05 LP NP0.02-0.05 LP Powered by Capital Market - Live News

Classic Filaments will hold a meeting of the Board of Directors of the Company on 28 July 2026.

Classic Filaments will hold a meeting of the Board of Directors of the Company on 28 July 2026.

Net Loss of Classic Filaments reported to Rs 0.06 crore in the quarter ended March 2026 as against net loss of Rs 0.02 crore during the previous quarter ended March 2025. There were no Sales reported in the quarter ended March 2026 and during the previous quarter ended March 2025.For the full year,net loss reported to Rs 0.15 crore in the year ended March 2026 as against net loss of Rs 0.11 crore during the previous year ended March 2025. There were no Sales reported in the year ended March 2026 and during the previous year ended March 2025.Powered by Capital Market - Live News