Adarsh Mercantile Ltd is in the business of trading in commodities and investment in property and securitiesBusiness Overview: AML is in the business of Trading of goods, shares, securities and investments in Mutual Funds, Shares & Securities
SMT Engineering Limited, formerly Adarsh Mercantile Limited, has announced a name change approved by shareholders and regulatory authorities. The stock will now trade under the new symbol SMTEL on BSE. This rebranding reflects the company’s strategic shift and is aimed at aligning its identity with its engineering-focused operations, potentially increasing...
SMT Engineering Limited has announced a board meeting to consider the financial results for the quarter and half-year ended March 31, 2025. The company reported total income from operations at ₹632.62 lakh (standalone) and ₹2110.02 lakh (consolidated) for the quarter. Net profit before tax stood at ₹0.61 lakh (standalone) and...
SMT Engineering Limited has announced a change in its main business activities by altering the objects clause in its Memorandum of Association. The updated objectives now explicitly include manufacturing metal fabrication machine tools, turbines, engines, furnaces, and related accessories, along with manufacturing, repairing, and selling plant machinery. Additionally, the company...
SMT Engineering Limited has announced a committee of independent directors' public statement regarding an open offer to acquire up to 42.95 lakh equity shares at Rs. 42 each, totaling 26% of the existing equity. The acquisition is led by six parties collectively termed the Acquirers, including the Managing Director, Ajay...
SMT Engineering Limited’s Committee of Independent Directors has evaluated the open offer to acquire 42,95,200 equity shares at Rs. 42 each, representing 26% of the company’s equity, by a group of six Acquirers. After thorough review, the committee concluded that the open offer is fair and reasonable, supporting shareholder interests...
