Aether Industries announced that the 12th Annual General Meeting (AGM) of the company will be held on 10 September 2024.Powered by Capital Market - Live News

The Board of Aether Industries at its meeting held on 19 July 2024 has approved Raising of funds upto Rs. 1300 crore, through issuance of equity shares or any other equity linked instruments or securities including convertible preference shares, and / or bonds including foreign currency convertible bonds / debentures / non-convertible debt instruments along with warrants / convertible debentures / securities and / or any other equity based instruments, inter alia, a private placement or through one or more qualified institutions placement (QIP) and / or further public issue of equity and / or rights issue and / or through any other permissible mode, which may include the Offer for Sale (`OFS`) in accordance with the relevant provisions of applicable law, subject to approval from the shareholders of the Company and the receipt of statutory / regulatory and other approvals. Powered by Capital Market - Live News

Net profit of Aether Industries rose 0.40% to Rs 29.93 crore in the quarter ended June 2024 as against Rs 29.81 crore during the previous quarter ended June 2023. Sales rose 11.74% to Rs 180.02 crore in the quarter ended June 2024 as against Rs 161.11 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales180.02161.11 12 OPM %23.9827.76 - PBDT52.4945.82 15 PBT42.3436.59 16 NP29.9329.81 0 Powered by Capital Market - Live News

Aether Industries will hold a meeting of the Board of Directors of the Company on 19 July 2024.Powered by Capital Market - Live News

Aether Industries announced that the Gujarat Pollution Control Board (GPCB) vide its communication (as received today), revoked the closure order (which was issued on account of fire accident on 29 November 2023) for the Manufacturing Facility II, hence approving the resumption of additional operations therein. Company will now commence operations for 75% capacity at the Manufacturing Facility II, upon adhering compliances as stipulated. Powered by Capital Market - Live News