East India Drums & Barrels Manufacturing Ltd (523874) — Corporate Action | 30 September 2026

30 September 2026 · BSE 🔴 High Importance Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Company incorporates 80% owned subsidiary in Sri Lanka

🔄 What Changed

New subsidiary established with 80% stake and Rs. 800 cash consideration

🔮 What's Next

None

💡 Investor Takeaway

Routine procedural filing with no direct impact on shareholders.

East India Drums & Barrels Manufacturing announced incorporation of its 80% owned overseas subsidiary EIDB Ceylon Private Limited in Sri Lanka on September 28, 2026, to expand manufacturing operations. The company subscribed to 80 shares at Rs. 800 total consideration, marking its first entry into the Sri Lankan market with no prior turnover.

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📊 Stock Analysis — 523874 ✨ Ask AI About This

About East India Drums & Barrels Manufacturing Ltd (523874)

Capital Goods · Packaging · Listed on BSE

Market Cap: ₹140.95 CrP/E: 29.6ROE: 22.3%ROCE: 21.3%

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"What is the projected revenue contribution from Sri Lanka operations?""How does this affect the company's consolidated balance sheet?""What are the expected timelines for operational commencement?"

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📊 More 523874 filings

🔴 Insider Trading — 29 September 2026Madhav Jayesh Valia, a promoter of East India Drums & Barrels Manufacturing Ltd, sold 130,000 equity...
Announcement — 28 September 2026East India Drums & Barrels Manufacturing Ltd announced that its trading window will close on Septemb...
🟡 Related Party Transaction — 18 September 2026East India Drums & Barrels Manufacturing Limited received a contract from Indo Tibetan Border Police...
🔴 Annual Report — 7 September 2026East India Drums & Barrels Manufacturing Limited reported a profit after tax of ₹467.41 lakhs for FY...
🟡 Board Meeting — 7 September 2026The company announced its 45th Annual General Meeting will be held on September 30, 2026, at 3:30 p....

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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