Indo Rama Synthetics (India): The Board of Directors, in their meeting held today, i.e., 16th October 2026, have interalia considered and…
Indo Rama Synthetics (India) (INDORAMA) filed a disclosure titled "The Board of Directors, in their meeting held today, i.e., 16th October 2026, have interalia considered and approved expansion plan of approx. The company is valued at about ₹2,469 crore.
What happened
Indo Rama Synthetics (India) (INDORAMA) filed a disclosure with the exchanges on 16 October 2026 at 03:10 PM titled "The Board of Directors, in their meeting held today, i.e., 16th October 2026, have interalia considered and approved expansion plan of approx. INR 200 Crores in the Company and…".
Company snapshot
Indo Rama Synthetics (India) is a small-cap company, with a market value of about ₹2,469 crore.
The stock last traded at ₹94.56, against a 52-week range of ₹29–₹112.3 (15.8% below the high).
Before this filing the shares had moved +14.2% over the month and +88.9% over three months. Average daily turnover over the last 20 sessions was about ₹19.61 crore.
Promoters held 74.84% at the end of Q1 FY27. Foreign institutions owned 0.13% and domestic institutions 0.92%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,306 | 52.8 | 2.02 |
| Q2 FY26 | 1,221 | 24.6 | 0.94 |
| Q3 FY26 | 1,182 | 8.8 | 0.34 |
| Q4 FY26 | 1,202 | 64.1 | 2.46 |
| Q1 FY27 | 937 | 63.7 | 2.44 |
What history shows
BCEIE has no earlier similar filing from this company on record since May 2026.
Market-wide, 125 similar filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- 16 October 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.