HDFC MF Raises Stake in Anup Engineering to 9.72%

HDFC Mutual Fund increased shareholding in The Anup Engineering Limited from 7.61% to 9.72% through open market purchases, acquiring 4,24,682 shares worth 2.12% stake as of January 23, 2026.

Anup Engineering Reports ₹568 Crore Order Book, Plans Kheda Plant Phase 2(B) by Q3 FY26

Anup Engineering announced a strong order book of ₹568 crores, which is expected to support company growth of 15-20%. The company maintains full-year EBITDA margins at 22%. The Kheda Plant's Phase 2(B) is expected to open by the end of Q3 FY26, with projected annual revenue of ₹100-150 crore from this facility.

Anup Engineering Announces Leadership Transition as Sanjay Lalbhai Steps Down, Punit Lalbhai Elevated to Chairman

The Anup Engineering Limited announced significant board changes on November 10, 2025. Sanjay S. Lalbhai stepped down from his position as Chairman and Non-Executive Director as part of the company's succession planning process. Punit S. Lalbhai, previously Vice-Chairman and Non-Executive Director, was elevated to Chairman of the Board to ensure continuity in leadership and sustained organizational growth. Additionally, Kulin S. Lalbhai was appointed as Additional Director in the capacity of Non-Executive Director, subject to member approval. Kulin Lalbhai is the son of Sanjay S. Lalbhai and brother of Punit S. Lalbhai. He serves as Vice Chairman of Arvind Limited, driving consumer and digital businesses, and holds an MBA from Harvard Business School and BS in Electrical Engineering from Stanford University. Sanjay Lalbhai expressed gratitude for his tenure and confidence in the new leadership, while Punit Lalbhai committed to working with the team to drive innovation and create value for stakeholders.