National Standard (India) News

National Standard clarifies unusual price movement

National Standard (India) Limited addresses unusual share price movement following BSE approval for merger with Lodha Developers Limited on December 30, 2025.

National Standard (India) Limited Director Smita Ghag Resigns Due to Professional Commitments

Smita Ghag (DIN: 02447362) resigned as Non-Executive Non-Independent Director of National Standard (India) Limited effective November 6, 2025, citing other professional commitments. The resignation was effective from the close of business hours on November 6, 2025. Ghag confirmed there are no other material reasons for her resignation beyond those mentioned and expressed appreciation for the cooperation received from the Board and Senior Management during her tenure.

National Standard (India) Limited Reports Quarterly Financial Results

National Standard (India) Limited's Board of Directors approved unaudited financial results for the quarter and half year ended September 30, 2025. The company reported revenue from operations of ₹1,725.18 lakhs for the quarter, with total income of ₹2,344.03 lakhs including other income of ₹618.85 lakhs. Profit for the quarter stood at ₹425.66 lakhs, with earnings per share of ₹2.13. For the six-month period, total comprehensive income was ₹524.34 lakhs with earnings per share of ₹2.62. The company operates in real estate development as its single reportable segment. A scheme of merger by absorption with Lodha Developers Limited has been approved by the Board, subject to necessary approvals, with a modification approved in August 2025.

National Standard (India) Limited Revises Merger Scheme, Excludes Sanathnagar Enterprises

National Standard (India) Limited's Board of Directors approved filing a revised merger scheme that excludes Sanathnagar Enterprises Limited from the previously announced merger with Lodha Developers Limited. The original scheme involved the merger of National Standard (India) Limited, Roselabs Finance Limited, and Sanathnagar Enterprises Limited with Lodha Developers Limited. The company stated this revision does not affect or impact its shareholders. The share exchange ratio from the valuation report by Bansi S. Mehta Valuers LLP and fairness opinion by Fedex Securities Private Limited remains unchanged, as confirmed by an addendum. The scheme requires approvals from shareholders, creditors, the National Company Law Tribunal, Stock Exchanges, and other necessary regulatory permissions.