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Spectrum Electrical Industries Limited, incorporated in 1995, is engaged in the business of Injection Moulding, manufacturing of Electrical Press Components and Surface treatment of Automobile, Electrical and Stamped parts.
Spectrum Electrical Industries Limited has informed the Exchange regarding 'Execution of Memorandum of Understanding (MOU) with the Government of Maharashtra.'.
Company promoters confirmed that 1,14,27,260 equity shares held by the promoter group remain unencumbered as of March 31, 2026. This indicates continued promoter confidence and stability in their shareholding.
Spectrum Electrical Industries' Board approved the financial results for the quarter and half-year ending September 30. These results were later re-submitted in a searchable format with no changes to the content.
Spectrum Electrical announced a delay in utilizing QIP funds for capital expenditure. Rs 8.95 Cr, initially allocated for factory construction, remains unspent due to extended building approval processes. Approvals are now secured, and construction has commenced, with funds temporarily in FDs.
Spectrum Electrical Industries secured trading approval from NSE and BSE for 107,250 new equity shares (Rs. 10 face value). These shares, converted from promoter warrants, will add to the company's tradable equity.