NSEOutcome of Board Meeting11 Aug 2026 · 11 Aug 2026, 09:22 pm
Outcome of Board Meeting
Esab India Limited · ESABINDIA
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Esab India Limited has submitted its unaudited financial results for the quarter ended June 30, 2026, and announced plans to invest in a Special Purpose Vehicle (SPV) to procure renewable energy for its Nagpur plant.
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Esab India Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
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ESAB/SE/2026 11th August 2026
To National Stock Exchange of India Limited
BSE Limited Exchange Plaza
PJ Towers Plot No.01, G Block,
Dalal Street Bandra-Kurla Complex. Sandra (E)
Mumbai 400 001. Mumbai 400 051
Scrip Code :500133 / ESABINDIA
Dear Sir,
Sub: Outcome of the Board Meeting held on 11th August 2026
i) Unaudited Financial Results for the quarter ended 30th June 2026
This is to inform you that in terms of Regulation 33 read with Regulation 30 of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015, we are sending herewith the
textual matter of Unaudited Financial Results for the quarter ended 30th June 2026. Please
note that the results have been reviewed by the Audit Committee and approved by the Board
of Directors at their respective meetings held on 11th August 2026. The meeting of the Board
of Directors commenced at 19:50 hours and concluded at 20:30 hours.
We also enclose a copy of the Limited Review Report issued by the Auditors of the Company
as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015.
The results would also be uploaded in the Company’s website www.esabindia.com and will
be published in i) Business Standard – in English and ii) Makkal Kural – in Tamil.
ii) Equity Investment in a Special Purpose Vehicle (SPV) – Group Captive
Consumption of renewable energy.
Pursuant to provisions of Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that
ESAB India Limited (the Company) proposes to procure additional 1MW renewable energy
viz. solar power for its Nagpur plant from a power generating company situated at Niwali, Latur
district, Maharashtra through its Special Purpose Vehicle.
In this connection, the Company proposes to invest 26% of equity for a value up to Rs.
40,00,000/- in the Special Purpose Vehicle to be created for supply of 1MW solar power to the
Company. The Board of Directors at its meeting held on 11th August 2026 has approved
procurement of 1MW solar power for its Nagpur plant and investment of 26% equity for a value
up to Rs. 40,00,000/- in the Special Purpose Vehicle to be created for the said purpose.The
meeting of the Board of Directors commenced at 19:50 hours and concluded at 20:30 hours.
A detailed disclosures as required by SEBI LODR Regulations are given below
Sl. Description Details
1 Name of the entity, date & country of Special Purpose Vehicle to be incorporated by its
incorporation, etc. holding company Sunsure Energy Private Limited
SPV yet to be incorporated. It will be incorporated
in India.
2 Name of holding company of the Sunsure Energy Private Limited,
incorporated company and relation with
the listed entity. There is no relation between Sunsure Energy
Private Limited and the Company.
3 Industry to which the entity being Renewable Energy
incorporated belongs;
4 Brief background about the entity It is engaged in the business of generation and
incorporated in terms of products / line supply of electricity from renewable energy
of business; resources.
5 Brief details of any governmental or SPV to be incorporated with the approval of
regulatory approvals required for the Registrar of Companies.
incorporation;
6 Nature of consideration - whether cash Cash Consideration
consideration or share swap and details
of the same
7 Cost of subscription / price at which the Not exceeding Rs. 40,00,000/- to acquire 26%
shares are subscribed; equity in the SPV.
8 Percentage of shareholding / control by 26% of the share capital in the SPV.
the listed entity and / or number of
shares allotted
Please take the above on record and bring this to the notice of the members.
Thanking you,
Yours truly,
For ESAB India limited
G. Balaji
Company Secretary
Chartered Accountants
ASV N Ramana Tower,
52, Venkatnarayana Road,
T. Nagar,
Chennai -600 017,
Tamil Nadu, India
Phone: +91 44 6688 5000
Fax: +91 44 6688 5400
FINANCIAL RESULTS
TO THE BOARD OF DIRECTORS OF ESAB INDIA LIMITED
1. We have reviewed the accompanying Statement of Unaudited Financial Results of ESAB INDIA
LIMITED ( ended June 30, 2026 (
by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended ( the LODR .
prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder
and other accounting principles generally accepted in India and in compliance with Regulation 33 of
LODR Regulations. Our responsibility is to express a conclusion on the Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review Engagements
a (ICAI). A review of interim financial
and accounting matters and applying analytical and other review procedures. A review is substantially
less in scope than an audit conducted in accordance with Standards on Auditing specified under section
143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we
would become aware of all significant matters that might be identified in an audit. Accordingly, we do
not express an audit opinion.
4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that
causes us to believe that the accompanying Statement, prepared in accordance with the recognition
and measurement principles laid down in the aforesaid Indian Accounting Standard and other
accounting principles generally accepted in India, has not disclosed the information required to be
disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains
any material misstatement.
For Deloitte Haskins & Sells
Chartered Accountants
( 008072S)
P Usha Parvathy
Partner
(Membership No. 207704)
UDIN:26207704NTAERL4583
Place: Chennai
Date: August 11, 2026