Announcement • Feb 27
Mega Nirman & Industries Limited has filed a Follow-on Equity Offering in the amount of INR 500 million. Mega Nirman & Industries Limited has filed a Follow-on Equity Offering in the amount of INR 500 million.
Security Name: Equity Shares
Security Type: Common Stock
Transaction Features: Regulation S; Rights Offering Announcement • Jan 13
Mega Nirman & Industries Limited to Report Q3, 2026 Results on Jan 20, 2026 Mega Nirman & Industries Limited announced that they will report Q3, 2026 results on Jan 20, 2026 New Risk • Dec 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (8.6% average weekly change). Shareholders have been substantially diluted in the past year (over 6x increase in shares outstanding). Market cap is less than US$10m (₹895.4m market cap, or US$9.92m). Announcement • Sep 30
Mega Nirman & Industries Limited to Report Q2, 2026 Results on Oct 08, 2025 Mega Nirman & Industries Limited announced that they will report Q2, 2026 results on Oct 08, 2025 Announcement • Jul 28
Mega Nirman & Industries Limited, Annual General Meeting, Aug 26, 2025 Mega Nirman & Industries Limited, Annual General Meeting, Aug 26, 2025, at 11:00 Indian Standard Time. Location: maharaja banquets, a-1/20a, paschim vihar, main rohtak road, new delhi-110063., new delhi India New Risk • Jul 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 217% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (12% average weekly change). Shareholders have been substantially diluted in the past year (217% increase in shares outstanding). Market cap is less than US$10m (₹238.1m market cap, or US$2.78m). Announcement • Jun 26
Mega Nirman & Industries Limited to Report Q1, 2026 Results on Jul 07, 2025 Mega Nirman & Industries Limited announced that they will report Q1, 2026 results on Jul 07, 2025 New Risk • Apr 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (9.7% average weekly change). Market cap is less than US$10m (₹61.3m market cap, or US$715.0k). Announcement • Mar 03
Mega Nirman & Industries Limited Announces Resignation of Zabihullah Burhani as Director Mega Nirman & Industries Limited announced that Mr. Zabihullah Burhani has resigned from the Post of Director of the Company with immediate effect effective from the close of working hours of Effective March 03, 2025 due to personal reasons. Announcement • Jan 16
Mega Nirman & Industries Limited to Report Q3, 2025 Results on Jan 24, 2025 Mega Nirman & Industries Limited announced that they will report Q3, 2025 results on Jan 24, 2025 Announcement • Nov 06
Mega Nirman & Industries Limited to Report Q2, 2025 Results on Nov 14, 2024 Mega Nirman & Industries Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Announcement • Aug 09
Mega Nirman & Industries Limited, Annual General Meeting, Sep 10, 2024 Mega Nirman & Industries Limited, Annual General Meeting, Sep 10, 2024, at 11:00 Indian Standard Time. Location: maharaja banquets monarch residency, a-1/20a, paschim vihar, main rohtak road, new delhi - 110063, India Announcement • Jul 25
Mega Nirman & Industries Limited to Report Q1, 2025 Results on Aug 08, 2024 Mega Nirman & Industries Limited announced that they will report Q1, 2025 results on Aug 08, 2024 Announcement • May 23
Mega Nirman & Industries Limited to Report Q4, 2024 Results on May 29, 2024 Mega Nirman & Industries Limited announced that they will report Q4, 2024 results on May 29, 2024 Announcement • Jan 31
Mega Nirman & Industries Limited to Report Q3, 2024 Results on Feb 07, 2024 Mega Nirman & Industries Limited announced that they will report Q3, 2024 results on Feb 07, 2024 New Risk • Dec 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (₹52.7m market cap, or US$631.6k). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). Announcement • Nov 04
Mega Nirman & Industries Limited to Report Q2, 2023 Results on Nov 10, 2023 Mega Nirman & Industries Limited announced that they will report Q2, 2023 results on Nov 10, 2023 Announcement • Sep 02
Mega Nirman & Industries Limited, Annual General Meeting, Sep 27, 2023 Mega Nirman & Industries Limited, Annual General Meeting, Sep 27, 2023, at 11:00 Indian Standard Time. Location: Maharaja Banquets Monarch Residency, A-1/20A, Paschim Vihar, (Opposite Metro Pillar No. 256), Main Rohtak Road, New Delhi-110063 New Delhi India Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2023, including Board of Directors and Auditors Report thereon; to re-appoint Mr. Zabihullah Burhani Director; to REGULARIZE APPOINTMENT OF MR. GOVIND SWAROOP MISHRA AS NON-EXECUTIVE DIRECTOR OF THE COMPANY; and to RE-APPOINTMENT OF DIRECTOR, MRS. SUSHMA JAIN. Announcement • Jul 23
Mega Nirman & Industries Limited Announces Resignation of Mr. Mohan Jagdish Agarwal as Executive Director Mega Nirman & Industries Limited announced that at its board meeting held on July 21, 2023, took note of the resignation received from the Executive Director, Mr. Mohan Jagdish Agarwal (DIN: 07627568). Announcement • Jul 12
Mega Nirman & Industries Limited to Report Q1, 2024 Results on Jul 21, 2023 Mega Nirman & Industries Limited announced that they will report Q1, 2024 results on Jul 21, 2023 Announcement • May 19
Mega Nirman & Industries Limited to Report Q4, 2023 Results on May 30, 2023 Mega Nirman & Industries Limited announced that they will report Q4, 2023 results on May 30, 2023 Announcement • Feb 01
Mega Nirman & Industries Limited to Report Q3, 2023 Results on Feb 08, 2023 Mega Nirman & Industries Limited announced that they will report Q3, 2023 results on Feb 08, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Additional Non-Executive Independent Director Govind Mishra was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 13
Mega Nirman & Industries Limited Announces Board Changes and Re-Constitution of Nomination and Remuneration Committee Mega Nirman & Industries Limited announced that board of directors of the company in its meeting held on October 12, 2022, transacted and approved the appointment of Mr. Govind Swaroop Mishra as Additional Director (Independent) who shall hold the office as Non-Executive Independent Director of the company. The date of appointment is October 12, 2022. Mr. Govind Swaroop Mishra, 52 years. He is Post graduate and has a 20 years' experience in the field of Media. He Served several Print & electronic media organizations with senior position and Heading a NGO, named Swastik educational & social org. The company approved the re-constitution of nomination and remuneration committee as follows: Mr. Monendra Srivastava, Non-executive Independent Director; Mr. Govind Swaroop Mishra, Non-executive Independent Director; Mrs. Sushma Jain, Non-executive Independent Director. Announcement • Oct 05
Mega Nirman & Industries Limited to Report First Half, 2023 Results on Oct 12, 2022 Mega Nirman & Industries Limited announced that they will report first half, 2023 results on Oct 12, 2022 Announcement • Jul 22
Mega Nirman & Industries Limited Announces Board Changes Mega Nirman & Industries Limited at its board meeting held on July 21, 2022, approved Change in Designation of Zabihullah Burhani from Wholetime Director to Director on the Board of the Company and appointment of Ramanuj Murlinarayan Darak as Wholetime Director who shall hold the office as Executive Director of the Company. Zabiullah Burhani, 46 years, is graduate. He is designated Partner in Sky World Tradelink LLP from 2015. He is having more than 5 years' experience in Gemstone Business, Manufacturing, Wholesaler, retailer, exporting & importing gemstones. Ramanuj Murlinarayan Darak, 54 years, He is Director in LARK WIRES & INFOTECH LIMITED, ASHOKA NON FERROUS METALS LIMITED and VP KOMMODITY TRADE (1) PRIVATE LIMITED. He is having more than 30 years' experience in Sales and Marketing of cotton yarn and various metal like copper, Gold, Silver and other Precious Metals. Announcement • Jul 21
Mega Nirman & Industries Limited, Annual General Meeting, Aug 20, 2022 Mega Nirman & Industries Limited, Annual General Meeting, Aug 20, 2022, at 10:00 Indian Standard Time. Location: Maharaja Banquets Monarch Residency, A-1/20A, Paschim New Delhi India Board Change • Jul 19
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Women Independent Director Sushma Jain was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jul 14
Mega Nirman & Industries Limited Announces Resignation of Vinay Singh as Non-Executive Independent Director Mega Nirman & Industries Limited announced that Mr. Vinay Singh, Non-Executive Independent Director of the company has resigned from the position with effect from July 12, 2022. Announcement • Jul 12
Mega Nirman & Industries Limited to Report Q1, 2023 Results on Jul 20, 2022 Mega Nirman & Industries Limited announced that they will report Q1, 2023 results on Jul 20, 2022 Recent Insider Transactions • Jul 09
Insider recently sold ₹1.1m worth of stock On the 5th of July, Sita Ram sold around 75k shares on-market at roughly ₹14.00 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹2.1m more than they bought in the last 12 months. Announcement • May 21
Mega Nirman & Industries Limited to Report Q4, 2022 Results on May 27, 2022 Mega Nirman & Industries Limited announced that they will report Q4, 2022 results on May 27, 2022 Recent Insider Transactions • Mar 11
Insider recently sold ₹1.0m worth of stock On the 10th of March, Kanwar Sipani sold around 76k shares on-market at roughly ₹13.20 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • Feb 03
Mega Nirman & Industries Limited to Report Q3, 2022 Results on Feb 10, 2022 Mega Nirman & Industries Limited announced that they will report Q3, 2022 results on Feb 10, 2022 Executive Departure • Jun 21
Executive Director Anand Rai has left the company On the 14th of June, Anand Rai's tenure as Executive Director ended after 2.8 years in the role. We don't have any record of a personal shareholding under Anand's name. Anand is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Is New 90 Day High Low • Feb 23
New 90-day low: ₹9.35 The company is down 63% from its price of ₹25.40 on 25 November 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 36% over the same period. Announcement • Feb 11
Mega Nirman & Industries Limited Appoints Mohan Jagdish Aggarwal as Executive Director Mega Nirman & Industries Limited approved appointment of Mohan Jagdish Aggarwal as Executive Director of the company at the board meeting held on February 10, 2021. Is New 90 Day High Low • Jan 28
New 90-day low: ₹17.45 The company is down 25% from its price of ₹23.25 on 30 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 40% over the same period. Announcement • Jan 12
Mega Nirman & Industries Limited Announces Board Changes Mega Nirman & Industries Limited announced at the board meeting held on January 11, 2021 that the company has approved appointment of Zabihullah Burhani as Wholetime Director who shall hold the office as Executive Director of the Company. The company also appointed Vinay Singh as Additional Independent Director who shall hold the office as Non-Executive Independent Director of the Company. The company also approved re-constitution of audit committee member include Anand Rai and Sushma Jain and Nomination and Remuneration Committee member include Vinay Singh. Mr. Zabiullah Burhani is designated Partner in Sky World Tradelink LLP from 2015. He is having more than 5 years' experience in Gemstone Busin ess, Manufacturing, Wholesaler, retailer, exporting & importing gemstones. Mr. Vinay Singh has a vast experience in the field of Textiles, Business Development, Client Relationship Management etc. Is New 90 Day High Low • Jan 07
New 90-day low: ₹19.35 The company is down 18% from its price of ₹23.55 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 44% over the same period. Announcement • Dec 17
Mega Nirman & Industries Limited Announces Demise of Varun Gaur Mega Nirman & Industries Limited announced the demise of Varun Gaur, Independent Director of the company. Announcement • Oct 13
Mega Nirman & Industries Limited to Report Q2, 2021 Results on Oct 21, 2020 Mega Nirman & Industries Limited announced that they will report Q2, 2021 results on Oct 21, 2020 