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Incorporated in 1994, Bhandari Hosiery Exports Ltd is in the business of textiles and garment manufacturing
Bhandari Hosiery to hold its 33rd AGM to adopt FY26 audited financials and approve a Rs.0.01/share dividend. Shareholders will vote on re-appointing Director Vikas Nayar and Chairman & MD Nitin Bhandari for 5 years. CMD's monthly pay is set to increase from 0.08 Cr to 0.12 Cr.
Bhandari Hosiery Exports approved financial results for the quarter and financial year. Net profit for the year stood at Rs 7.77 Cr on revenue of Rs 280.34 Cr. The company declared a final dividend of Re 0.01 per equity share. It also successfully raised capital via a rights issue of...
Bhandari Hosiery's promoter entity, Tikani Exports, boosted its stake from 0.04% to 17.15% via a rights issue, acquiring shares from other promoters. This significant stake increase consolidates promoter interest in the company.
Bhandari Hosiery has allotted 9.29 Cr new equity shares at Rs 2.56 each via its Rights Issue, raising approximately Rs 23.78 Cr. This increases the company's paid-up equity share capital from Rs 24.00 Cr to Rs 33.30 Cr.
Bhandari Hosiery revised the deadline for off-market transfer of Rights Entitlements to an earlier date, citing a festival holiday. This operational adjustment impacts investors participating in the Rights issue.