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Onida Electronics posted a FY26 net loss of Rs. 74.74 Cr on Rs. 660.01 Cr revenue. TV sales grew 15.5% to Rs. 160.74 Cr; ACs fell 27.2%, washing machines 13.3%. Company secured funds via Rights, Preferential Issues, and Rs. 60 Cr NCDs. Key leadership appointments include Gunjan Srivastava as MD...
MIRC Electronics is changing its name to "Onida Electronics Limited" to better align with its flagship brand. The company also approved granting 2.95 crore employee stock options to the CEO.