📊 Synthiko Foils Ltd Expands with Acquisitions & Reports FY2026 Results | MCap 2,514.11 Cr
- Synthiko Foils Ltd renamed to Belding India Limited (effective Feb 23, 2026).
- Acquired DC&T Global Private Limited as a wholly owned subsidiary via share swap (1,36,08,849 equity shares at ₹769.16/share).
- Acquired 99% stake in BESS Limited and incorporated DC&T Defence Limited as a subsidiary.
- Subsidiary DC&T Global acquired 55% stake in Metafin Technology Private Limited.
- Reported standalone net loss of ₹(79.10) lakhs for FY2026.
- Appointed Mr. Umesh Kumar Sahay as Non-Executive Chairperson.
- Appointed Mr. Rajesh Chandrakant Vaishnav as Additional Director (Non-Executive Independent Director) for 5 years.
- Appointed M/s. Mishra & Associates as Secretarial Auditor (FY2026-31) and M/s. Dhirubhai Shah & Co LLP as Internal Auditor (FY2026-27).
- Audit report issued with a qualified opinion due to unreconciled balances.
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