Tunwal E-Motors Approves Product Pricing Structure Revision at Board Meeting
Tunwal E-Motors Limited, formerly known as Tunwal E-Motors Private Limited, announced that its Board of Directors approved a revision in the pricing structure of its products. The Board meeting was held on Tuesday, April 7, 2026, and the pricing revision is effective from the same date.The company stated that the pricing adjustment was part of its normal course of business operations, undertaken after considering various commercial and operational factors. The rationale provided for this revision included alignment with market conditions, input costs, and the overall business strategy. The revised pricing is expected to have an impact on the revenue and profitability of the Company.
Key Approvals and Authorizations
During the board meeting that commenced at 3:00 P.M. and concluded at 5:45 P.M. at the registered office, the Board considered and approved several key items.A significant focus was the authorization of Key Managerial Personnel (KMP) to determine materiality and make necessary disclosures to the Stock Exchange(s).
The following personnel were authorized, jointly and/or severally, to determine the materiality of events or information and to make appropriate disclosures:
| Sr. No. | Name | Designation | Contact Details |
|---|---|---|---|
| 1 | Mr. Jhumarmal Pannaram Tunwal | Managing Director | +91 020 2433 6002 info@tunwal.com |
| 2 | Mr. Amitkumar Pannarammali | Whole-time Director | +91 020 2433 6002 amit@tunwal.com |
| 3 | Mr. Riya Dhiraj Lunkad | Chief Financial Officer | +91 020 2433 6002 cfo@tunwal.com |
| 4 | Mr. Harshal Ashok Sonarghare | Company Secretary & Compliance Officer | +91 020 2433 6002 cs@tunwal.com |
Product Pricing Revision Details
The details of the price revision are summarized below, according to the company's documentation:| Particulars | Details |
|---|---|
| Nature of event | Revision in pricing structure of the Company's products |
| Date of occurrence of event | April 7, 2026 (Date of Board Meeting) |
| Effective date | April 7, 2026 |
| Brief details of event | The Company has revised the pricing of its products in the normal course of business, considering various commercial and operational factors |
| Rationale for revision | Alignment with market conditions, input costs and overall business strategy |
| Expected impact | The said revision is expected to have an impact on the revenue and profitability of the Company |
| Whether event is recurring | No |
TUNWAL Stock Price Movement
Today, Tunwal E-Motors Limited shares edged higher to close at ₹33.70, marking an impressive gain of 11.63% in post-market trading. The stock settled on robust buying interest, recording a total traded volume of 442,000 shares today.Source:
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