Banswara Syntex Announces Q1 Results, Strategic Power Acquisition, and New Key Management Appointment

Banswara Syntex Announces Q1 Results, Strategic Power Acquisition, and New Key Management Appointment​

Banswara Syntex Limited has announced the outcome of its Board meeting held on July 31, 2026. The company approved its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. Furthermore, the board sanctioned several key strategic transactions, including a power consumption agreement and a share purchase related to renewable energy expansion, alongside appointing Ms. Monika Bohara as the new Company Secretary cum Compliance Officer (KMP).

Financial Performance Highlights​

The company released its financial results for the quarter ended June 30, 2026. The consolidated figures showed stable performance across various metrics.

Key highlights from the Consolidated Financial Results:


The consolidated results also showed strong performance for the year ended March 31, 2026, with a Net Profit after tax of 3,120.05 lakh and an Earnings per share (Basic/Diluted) of 9.11.

Strategic Investments and Agreements​

During the board meeting, Banswara Syntex Limited approved several strategic agreements aimed at enhancing its operational capacity and securing energy sources.

The company approved:

• Execution of a Power Consumption Agreement with CGiE I Hybrid Energy Private Limited.
• Approval of a Share Purchase and Shareholders' Agreement involving CGE II Hybrid Energy Private Limited and Continuum Green Energy Limited.

In the acquisition related to renewable power, Banswara Syntex confirmed it is acquiring approximately 1.68% Equity Shares in CGE I Hybrid Energy Private Limited through cash consideration amounting to Rs. 8,28,25,760. This transaction, which involves an Independent Power Producer, is intended to enhance the source of renewable power supply by 8.70 MW for its plants located at Thikariya and Dahod Road in Banswara, Rajasthan. The company expects the acquisition to be completed on or before August 15, 2026.

Key Management Personnel Appointment​

The Board of Directors approved the appointment of Ms. Monika Bohara as Company Secretary cum Compliance Officer (Key Managerial Personnel) with effect from August 3, 2026.

Ms. Bohara is a qualified Company Secretary and an Associate Member of the Institute of Company Secretaries of India (ICSI), possessing over six years of professional experience. Her profile includes graduation in Bachelor of Commerce (B. Com) and holding a degree of Bachelor of Laws (LL.B.) from Dr. Bhimrao Ambedkar Law University, Jaipur.

Following the board's resolution, the "Trading Window" for trading in the shares of Banswara Syntex Limited will open starting Monday, August 3, 2026, for the Directors and Key Management Personnel/Designated Persons/Connected Persons and their relatives.

BANSWRAS Stock Price Movement​

Shares of Banswara Syntex Limited are edging higher to ₹131.17 as of 12:47 PM today, after rallying by 3.61%. The stock is currently trading within a broad intraday range, finding support above its low of ₹128.98 and maintaining distance from the high at ₹136.59.