The company has set September 11, 2023, as the record date for determining the eligibility of shareholders with regards to the split of its current equity shares.

According to the quarterly results, the net sales increased by 15.46 per cent to Rs 112 crore and net profit increased by 87.5 per cent to Rs 15 crore in Q1FY24 compared to Q1FY23. In FY23, the net sales increased by 6.88 per cent to Rs 450 crore and net profit increased by 14.3 per cent to Rs 56 crore compared to FY22.

Shares of the company saw a spurt in volume by more than 10.32 times on BSE.  

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