News

Spectrum Electrical Industries Limited announced the allotment of 13,73,625 equity shares and 2,49,750 convertible warrants on a preferential basis. The allotment includes 4,99,500 shares to HDFC Mutual Fund - HDFC Manufacturing Fund, 1,24,875 shares each to HDFC Mutual Fund - HDFC Innovation Fund and HDFC Mutual Fund - HDFC Value Fund, 3,74,625 shares to Valuequest India Inflexion Fund, 2,49,750 shares to Minosha India Limited, and 2,49,750 warrants to Deepak Suresh Chaudhari. The total investment amount received is Rs 274,99,97,250, with Rs 12,49,99,875 received as upfront warrant subscription money.

Spectrum Electrical Industries Limited issued a corrigendum to the notice of its Extra-Ordinary General Meeting, which will be held on August 20, 2026, to seek shareholder approval for a preferential issue of equity shares and convertible warrants. The corrigendum, available on the websites of the BSE, NSE, and Spectrum Electrical Industries Limited, provides additional details regarding the interim use of issue proceeds, which will be invested in money market instruments, and the status of proposed allottees post the preferential issue, including HDFC Mutual Fund schemes and Valuequest India Inflexion Fund, alongside Minosha India Limited and Mr. Deepak Suresh Chaudhari.

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

Spectrum Electrical Industries announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 20 August 2026.

Spectrum Electrical Industries will hold a meeting of the Board of Directors of the Company on 24 July 2026.