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Zuari Industries Limited acquired 1,28,10,900 equity shares of Texmaco Infrastructure & Holdings Limited from its wholly-owned subsidiary, Zuari International Limited, for approximately Rs 147.96 crore through a block deal on the National Stock Exchange of India Ltd. on September 23, 2026, increasing Zuari Industries` stake in Texmaco to 30.83% from 20.78%, while the promoter and promoter group’s collective shareholding remains at 66.55%. The acquisition, which constitutes a related party transaction, was undertaken to consolidate the investment portfolio and was executed at a cash consideration.

Zuari Industries Limited will hold its 58th Annual General Meeting on September 21, 2026, at 2:30 P.M. (IST) via video conferencing and other audio visual means, with September 14, 2026, set as the record date for determining eligibility to vote and for potential dividend payment related to the Financial Year 2025-26.

Zuari Industries Ltd share price ticked higher by 2.04% to Rs 264.9 after the company`s net profit plunged by 100.16% to Rs 0.05 crore, while revenue from operations increased 10% to Rs 311.93 crore in Q2FY26 over Q1FY26. The market capitalization of Sugar industry group stocks on BSE stood at Rs 45464.86 crore, dropping 14.45%. It has marginally improved by 0.39% over last one week and softened by 0.46% in last one month while the market capitalization of Zuari Industries Ltd has inched up 1.45% and 4.87% in the same period respectively. Profit before tax (PBT) of Zuari Industries Ltd stood at Rs 0.57 crore in Q2 FY26, jumping 42.50% year-on-year, and tumbling by 97.10% quarter-on-quarter. EBITDA came in at Rs 1 crore, plunging by 109.37% YoY and tanking 105.35% sequentially. Total expenses jumped by 22.84% to Rs 305.73 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 16.83 crore, slumping by 95.60% YoY, while employee benefits expense was at Rs 33.84 crore, dipping slightly 5.45% YoY. For the TTM ended FY26, revenue from operations grew 15.82% to Rs 970.33 crore, while net profit tanked by 113.24% to Rs 94.37 crore, compared to previous TTM. EBITDA tumbled by 17701% to Rs 63.02 crore, and PBT collapsed by 111.17% to Rs 87.57 crore compared to previous TTM. The company`s consolidated net cash flow from operating activities stood at Rs 1.29 crore in FY26, as against Rs 71.48 crore in FY25. Zuari Industries Ltd nosedived by 15.60% in last one year, underperforming the benchmark BSE Sensex which has slipped by 2.83% during the same period.

Zuari Industries will hold a meeting of the Board of Directors of the Company on 13 August 2026.

Zuari Industries announced that the Board of Directors of the Company at its meeting held on 25 May 2026, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.