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Indo National Limited announced that its board of directors approved an investment of Rs 3,90,94,666 in Axial Aero Private Limited by way of subscription to 35,249 Class C Compulsorily Convertible Preference Shares, which will represent 7.97% of Axial Aero Private Limited’s share capital on a fully diluted basis, subject to certain conditions. The investment is part of a pre-Series A -1 round, with shares issued at a price of Rs 1,109.10 per share, and will allow Indo National Limited to nominate one member to the board of directors of Axial Aero Private Limited.

Indo National Limited invested Rs 50,03,864 in Medcuore Medical Solutions Private Ltd, increasing its stake in the company to 61.87% from a previous 61.09%, according to a regulatory filing on September 2, 2026. The acquisition, which involved purchasing 329 shares at prices ranging from Rs 14,056 to Rs 16,536 per share, will be completed by fiscal year 2027-28 and does not constitute a related party transaction. Medcuore Medical Solutions Private Ltd is engaged in the business of manufacturing, distribution and providing services in relation to Air Monitoring System and Air Purifiers, with a turnover of Rs 1,45,60,000 in fiscal year 2025-26.

Indo National Limited informed the National Stock Exchange of India Limited and BSE Limited that Binu Sekhar has resigned from the position of Chief Sales Officer (CSO) of the company, effective September 1, 2026, due to personal reasons.

Indo National Ltd share price slipped 2.82% to Rs 323.7 after the company`s net profit witnessed a sharp fall of 109.57% to Rs 2.01 crore, while revenue from operations improved marginally 8.42% to Rs 116.14 crore in Q2FY26 over Q1FY26. The market capitalization of Household Products industry group stocks on BSE stood at Rs 11609.51 crore, easing 5.89%. It has inched up 3.51% over last one week and gained upto 1.48% in last one month while the market capitalization of Indo National Ltd has slipped by 0.14% and 16.59% in the same period respectively. Profit before tax (PBT) of Indo National Ltd stood at Rs 3.22 crore in Q2 FY26, plunging by 370.59% year-on-year, and tanking 84.29% quarter-on-quarter. EBITDA came in at Rs 1 crore, tumbling by 232.20% YoY and crashing by 96.03% sequentially. Total expenses slightly declined by 7.13% to Rs 119.38 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 53.65 crore, soaring by 22.38% YoY, while employee benefits expense was at Rs 17.77 crore, ticking higher by 6.79% YoY. For the TTM ended FY26, revenue from operations slumped by 27.03% to Rs 467.47 crore, while net profit saw a strong growth of 732.99% to Rs 121.95 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 2520% to Rs 212.23 crore, and PBT jumped 679.04% to Rs 151.29 crore compared to previous TTM. The company`s consolidated net cash flow from operating activities stood at Rs 55.76 crore in FY26, as against Rs 43.55 crore in FY25. Indo National Ltd tumbled by 33.02% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.05% during the same period.

Indo National will hold a meeting of the Board of Directors of the Company on 14 August 2026.