Meyer Apparel News

Meyer Apparel: Promoter Acquires 11.04% Stake

Gurmukh Singh Thakral acquired 88,89,000 equity shares (11.04% voting rights) from TIL Investments through off-market inter-se transfer on January 29, 2026.

Meyer Apparel: Promoter Group Inter-se Share Transfer

Meyer Apparel Limited announces inter-se transfer of 88.89 lakh equity shares (11.04% stake) from TIL Investments to promoter group member Gurmukh Singh Thakral at ₹2.21 per share.

Meyer Apparel Limited Company Secretary Neeraj Resigns with Immediate Effect

Mr. Neeraj (ACS: 75693) resigned from his position as Company Secretary and Compliance Officer at Meyer Apparel Limited with immediate effect from November 29, 2025, citing personal reasons. The resignation affects the company's key managerial personnel structure and requires the company to file necessary forms with the Registrar of Companies and inform stock exchanges.

Meyer Apparel Limited Appoints Mr. Neeraj as Company Secretary and Compliance Officer

Meyer Apparel Limited has appointed Mr. Neeraj as Company Secretary and Compliance Officer effective November 6, 2025. Mr. Neeraj is a qualified Company Secretary with membership number A75693 and has extensive experience in Company law, SEBI Regulations, and FEMA. The board approved this appointment, and Mr. Neeraj provided his consent on September 29, 2025. The appointment follows Section 203 of the Companies Act, 2013 and SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Meyer Apparel Reports Quarterly Loss of Rs 18.21 Lakhs, Faces Going Concern Issues

Meyer Apparel Limited reported a net loss of Rs 18.21 lakhs for the quarter ended September 30, 2025, compared to Rs 29.31 lakhs loss in the previous year. The company's accumulated losses reached Rs 6,255.00 lakhs, resulting in negative net worth of Rs 3,315.33 lakhs. Revenue from operations was Rs 0.05 lakhs for the quarter. The company's current liabilities exceed current assets by Rs 3,313.44 lakhs. The auditors highlighted material uncertainty regarding the company's ability to continue as a going concern due to the financial position. Management expressed confidence in generating cash flows from business operations to fund requirements. The company operates in wholesale and retail of men's suits and trousers. The Board of Directors approved these unaudited financial results in a meeting held on November 6, 2025.