Maxgrow India Ltd (MAXGROW) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Maxgrow India Ltd on NSE and BSE, with an AI summary of each filing.
Intimation of appointment of additional directos
Others (Uncategorized) · 16 Oct 2026, 12:01 am
Maxgrow India Appoints Two Non-Executive Independent Directors Maxgrow India Limited announced the appointment of Ms. Kim Joan and Mr. Rajendra Eknath Pawar as Additional Directors in the capacity of Non-Executive Independent Directors, effective 15th Oct'26 up to the ensuing General Meeting. Ms. Joan brings over 10 years of experience in metals and commodities trading alongside supply chain expertise. Mr. Pawar is a seasoned legal professional with over 20 years of experience across corporate legal affairs, regulatory compliance, and litigation. Neither appointee is related to any existing company directors.
Intimation of Appointment of Company Secretary
Change in Management · 15 Oct 2026, 11:57 pm
Maxgrow India Appoints Sawani Vaibhav Karkamkar as Company Secretary Maxgrow India Limited announced the appointment of Mrs. Sawani Vaibhav Karkamkar (ACS A40715) as Company Secretary and Key Managerial Personnel, effective 15th Oct'26, following the recommendation of the Nomination and Remuneration Committee. She brings over six years of professional experience in corporate compliance, governance, and secretarial functions. The appointment complies with Section 203 of the Companies Act, 2013, and Regulation 6(1) of SEBI LODR Regulations.
Outcome of the meeting of board of directors
Others (Uncategorized) · 15 Oct 2026, 11:26 pm
Maxgrow India Appoints New Company Secretary and Non-Executive Independent Directors Maxgrow India Limited approved key leadership appointments effective 15th Oct'26. The board appointed Sawani Vaibhav Karkamkar as Company Secretary and Compliance Officer. Additionally, Kim Joan and Rajendra Eknath Pawar were appointed as Additional Directors in the Non-Executive Independent Director category, serving until the ensuing General Meeting. Joan brings over 10 years of experience in metals and commodities trading, while Pawar possesses more than 20 years of expertise in corporate legal affairs and litigation management. Neither independent director has relationships with existing board members.
Intimation under Reg 30 of SEBI(LODR) Regulation, 2015 regarding Intimation of Investment
Others (Uncategorized) · 13 Oct 2026, 9:17 pm
Maxgrow India Acquires 74% Stake in Hurricane Windfarms Maxgrow India Limited announced on 13th Oct'26 the acquisition of 1,10,999 equity shares (74% stake) in renewable energy firm Hurricane Windfarms Private Limited (HWPL) at INR 525 per share via cash consideration, turning HWPL into a subsidiary. The acquisition is not a related-party transaction and aims to generate synergies across renewable energy and metal trading activities. HWPL, which generates and sells wind power, reported turnovers of INR 269.12 lakhs in FY26, INR 215.33 lakhs in FY25, and INR 210.31 lakhs in FY24.
Please find enclosed Scrutinizer report
Annual General Meeting · 30 Sept 2026, 1:01 am
Maxgrow India AGM Approves Financials, Auditor Appointments, and Director Regularization Maxgrow India Limited announced voting results for its 33rd AGM held on 28th Sep'26. Shareholders approved all five resolutions with requisite majority, achieving a 93.61% overall voter turnout (37.39m out of 39.95m total shares polled, with ~100% votes in favor). Key approvals include the adoption of FY26 standalone and consolidated financial statements, the reappointment of director Mr. Amarjit Kumar Shrivastav, the appointment and reappointment of M/s. BNK & Associates as Statutory Auditors with remuneration fixing, and the regularization of Mr. Krishnan as Independent Director.
Outcome of AGM
Annual General Meeting · 29 Sept 2026, 12:31 am
Please find enclosed Annual Report of the Company for Financial Year 2025-26.
Others (Uncategorized) · 05 Sept 2026, 8:03 pm
This is to inform that the Annual General Meeting of the Company is scheduled to be held on Monday, September 28, 2026 through video conferencing.
Annual General Meeting · 05 Sept 2026, 7:56 pm
The Board at its Meeting held today i.e. August 27,2026 approved for change in designation of Mr. Amarjit Kumar Shrivastav from Non-executive Independent Director to Non-Executive Non-Independent ....
Change in Management · 28 Aug 2026, 12:38 am
Maxgrow India Board Appoints New Auditor, Sets AGM Date Maxgrow India's board on Aug 27, '26, appointed M/s. BNK & Associates as Statutory Auditors to fill a casual vacancy and for a subsequent five-year term until 2031, subject to shareholder approval. The board also approved the 33rd Annual General Meeting to be held via video conference on Sep 28, '26. The e-voting window for the AGM is scheduled from Sep 24, '26, to Sep 27, '26, with a cut-off date of Sep 18, '26. A change in the designation of a director was also approved.
The Board at it''s meeting held today considered and approved appointment of M/s. BNK & Associates, Chartered Accountant as the Statutory Auditor of the Company.
Change in Auditor · 28 Aug 2026, 12:31 am
Maxgrow India Appoints New Statutory Auditors; Sets AGM Date Maxgrow India's board, on 27th Aug'26, approved appointing M/s. BNK & Associates as Statutory Auditors to fill the casual vacancy from R B Jain & Associates' resignation. BNK & Associates is also proposed for a five-year term starting from the upcoming AGM. The board approved the 33rd AGM for 28th Sep'26 via video conference, with e-voting scheduled from 24th Sep'26 to 27th Sep'26 and a cut-off date of 18th Sep'26. A change in director Amarjit Kumar Shrivastav's designation was also approved.
The Board of Directors of the Company has at its Meeting held today i.e. Thursday, August 27, 2026, has inter- alia, considered and approved the following: i. Appointment of Statutory ....
Others (Uncategorized) · 28 Aug 2026, 12:28 am
Published unaudited consolidated and standalone financial results for the quarter ended 30th June, 2026.
Others (Uncategorized) · 18 Aug 2026, 7:59 pm
Maxgrow India Q1FY27: Net Loss Widens on Flat Revenue Maxgrow India reported a net loss of ₹0.15 lakh for Q1 ended 30th Jun'26, widening from a loss of ₹0.04 lakh YoY and a profit of ₹0.02 lakh QoQ. Total income from operations remained flat YoY at ₹0.00 lakh but was down from ₹0.01 lakh in the prior quarter. The company's total expenses for the quarter stood at ₹0.15 lakh, an increase from ₹0.04 lakh YoY. Basic and diluted EPS was ₹(0.002) for the quarter, compared to ₹(0.000) YoY.
Submission of Consolidated Financial Results inadvertently omitted from the Outcome of Board Meeting for the Quarter ended June 30, 2026
Outcome · 18 Aug 2026, 1:05 am
Maxgrow India Reports Q1FY27 Consolidated Results, Flags Compliance Issues Maxgrow India reported Q1FY27 consolidated results for the quarter ending 30 Jun'26. Revenue from operations stood at ₹7,38,488.79 lakhs, with profit before tax at ₹19,939.42 lakhs. This follows an inadvertent omission of the consolidated results from the initial 14 Aug'26 board meeting submission. The auditor's review highlighted non-compliance issues, including a delay in filing Q4FY26 results and failure to pay or provide for GST during the review period. The company stated the delays were due to personnel shortages and corrective steps are underway.
Resignation of Statutory Auditor - M/S R.B. Jain & Associates
Change in Auditor · 15 Aug 2026, 8:39 pm
Maxgrow India Q1 Results; Statutory Auditor Resigns Citing Other Preoccupations Maxgrow India reported a Q1 FY27 standalone profit of ₹0.22 lakhs for the quarter ended 30 Jun '26, compared to a loss of ₹16.22 lakhs in Q4 FY26 and a loss of ₹45.52 lakhs in Q1 FY26. Revenue from operations was nil. Concurrently, the statutory auditor, M/s R. B. Jain & Associates, resigned effective 14 Aug '26, citing "preoccupation in other assignments." The auditor's review report highlighted non-compliance issues, including late submission of prior quarter results and non-payment of GST during the review period.
Unaudited Standalone and Consolidated Financial Results for the quarter ended June 2026
Financial Result · 15 Aug 2026, 3:33 am
Maxgrow India Q1FY27 Results; Statutory Auditor Resigns Citing Other Commitments Maxgrow India reported a Q1FY27 standalone net profit of ₹0.22 lakhs for the quarter ended 30 Jun'26, compared to a loss of ₹16.22 lakhs in Q4FY26 and a loss of ₹45.52 lakhs in Q1FY26. Revenue from operations was nil. Concurrently, the statutory auditor, M/s R. B. Jain & Associates, resigned effective 14 Aug'26, citing "preoccupation in other assignments." Their limited review report noted non-compliance, including delayed financial submissions for Q4FY26 and non-provision for GST, which could attract penal consequences.
The Board considered and approved the following: 1. Standalone and consolidated unaudited financial results for the quarter ended June 30, 2026 with the limited review report thereon. ....
Outcome · 15 Aug 2026, 3:17 am
Maxgrow India Ltd - Financial Result for the Quarter ended 30th Jun'26 (Standalone, INR Lakh) ■ Revenue: 0.0 ■ EBITDA: -6.8 (+84.9% YoY | +49.8% QoQ) ■ EBITDA Margin (%): 0.0 ■ PAT: 0.2 (Loss to Profit YoY | Loss to Profit QoQ) ■ EPS (INR): 0.00 (Loss to Profit YoY | Loss to Profit QoQ)
Revised outcome contains additional information regarding names of listed entities where resigning directors hold directorship.
Outcome · 12 Aug 2026, 6:54 pm
Maxgrow India Announces Board Resignations and FY26 Results Approval At its board meeting on 10 Aug '26, Maxgrow India approved the audited standalone and consolidated financial results for the quarter and year ended 31 Mar '26. The company also accepted two director resignations effective the same day: Mr. Rakesh Guda (Non-Executive Director) and Ms. Pooja Pravin Keer (Independent Director). Both directors cited the pursuit of other professional opportunities as their reason for leaving and confirmed no other material reasons for their departure. Neither resigning director holds directorships in other listed entities.
Audited standalone and consolidated financials results for the quarter and year ended 31st March, 2026, published in "Financial Express" (English) & "Mumbai Lakshadeep" (Marathi) newspapers ....
Others (Uncategorized) · 12 Aug 2026, 6:37 pm
Maxgrow India Publishes Audited FY26 Financial Results Maxgrow India Limited has published its audited standalone and consolidated financial results for the quarter and year ended 31st Mar'26. The announcement was made via a BSE filing on 12th Aug'26, confirming the results were published in the "Financial Express" and "Mumbai Lakshadeep" newspapers. Specific financial metrics from the results were not included in the provided filing notice itself, which only served as a notification of the publication.
Maxgrow India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve Standalone and consolidated financial ....
Intimation · 14 Aug 2026, 5:30 am
Maxgrow India Sets Board Meeting for Q1FY27 Results Approval Maxgrow India Ltd (BSE: 521167) will hold a Board of Directors meeting on 14th Aug'26 to consider and approve the standalone and consolidated financial results for the quarter ended 30th Jun'26. The company also confirmed that the trading window for designated persons will remain closed until 48 hours after the financial results are made public.
The Company hereby submits the Consolidated Financial Results for the financial year ended March 31, 2026 alongwith the letter for your records and necessary action.
Outcome · 11 Aug 2026, 6:20 pm
Maxgrow India Submits FY26 Results Following Auditor's Qualified Opinion Maxgrow India submitted its FY26 consolidated results after inadvertently omitting them from its 10-Aug'26 board meeting outcome. The auditor issued a qualified opinion, citing inability to verify the fair value of a ₹75.10 lakh investment in OCDs. The audit report also highlighted the vacancy of the Company Secretary and Internal Auditor for part of the year. For FY26, the company reported total revenue of ₹2,242.6 crore and a profit after tax of ₹450.3 crore. Total assets stood at ₹2,965.6 crore.
1. Resignation of Non-Executive Director - Mr. Rakesh Guda (DIN:10755464) 2.Resignation of Independent Director - Ms. Pooja Pravin Keer (DIN:10776910)
Change in Management · 11 Aug 2026, 2:52 am
Maxgrow India Board Approves FY26 Results and Notes Director Resignations Maxgrow India’s board, in its meeting on 10 Aug’26, approved the audited standalone and consolidated financial results for the quarter and year ended 31 Mar’26. The company also announced the resignations of Non-Executive Director Mr. Rakesh Guda and Independent Director Ms. Pooja Pravin Keer, both effective 10 Aug’26. Both directors cited the pursuit of other professional opportunities as the reason for their departure, confirming no other material reasons for their resignations.
1. On the recommendation of the Audit Committee, the standalone and consolidated audited financial results of the Company for the quarter and year ended March 31, 2026 and limited review ....
Outcome · 11 Aug 2026, 2:43 am
Maxgrow India Board Approves FY26 Results and Notes Two Director Resignations Maxgrow India's Board, at its meeting on 10 Aug'26, approved the audited standalone and consolidated financial results for the quarter and year ended 31 Mar'26. The board also accepted the resignations of Mr. Rakesh Guda, Non-Executive Director, and Ms. Pooja Pravin Keer, Independent Director, effective 10 Aug'26. Both directors cited pursuing other professional opportunities as the reason for their departure. The company confirmed there were no other material reasons for the resignations.
Maxgrow India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 ,inter alia, to consider and approve The standalone and consolidated ....
Intimation · 10 Aug 2026, 5:30 am
Maxgrow India to Announce Q4 & FY26 Results on 10th Aug'26 Maxgrow India's Board of Directors will meet on 10th Aug'26 to consider and approve the standalone and consolidated audited financial results for the quarter and year ended 31st Mar'26. In line with insider trading regulations, the trading window for designated persons will remain closed until 48 hours after the results are publicly announced. The company's BSE Scrip Code is 521167.
This is with reference to our earlier intimation dated July 28, 2026 informing the Stock Exchange that a meeting of the Board of Directors of the Company was scheduled to be held on Friday, ....
Intimation · 31 Jul 2026, 5:30 am
Maxgrow India Cancels Board Meeting for FY26 Results Approval Maxgrow India Limited (BSE: 521167) has cancelled its Board Meeting previously scheduled for 31 Jul'26. The meeting was intended to approve the audited standalone and consolidated financial results for the quarter and year ended 31 Mar'26. The company cited unavoidable administrative reasons for the cancellation and stated it will announce a revised date separately. This cancellation delays the official release of the company's annual and Q4FY26 financial performance, a key event for investors and market participants.
The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sadhana Uday Chourasia & Other
Acquisition/ Disposal of Shares · 31 Jul 2026, 3:47 pm
Maxgrow India Promoter Sells 2.82% Stake to Meet Public Shareholding Norms Promoter Metal Industrial Pte. Ltd. executed an off-market transfer of 11,25,513 equity shares (2.82% stake) in Maxgrow India to a public shareholder on 28 Jul '26. This transaction was to comply with Minimum Public Shareholding (MPS) requirements. Consequently, the aggregate promoter holding decreased from 92.82% to 90.00%, while the public shareholding increased from 7.18% to 10.00%. The company's equity share capital remains unchanged post-transaction.