Cellecor Gadgets Board Approves Rs 500 Crore Investment Limit to Propel Subsidiary Growth

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Cellecor Gadgets Board Approves Rs 500 Crore Investment Limit to Propel Subsidiary Growth

The stock is up by 10 per cent from its 52-week low of Rs 25.75 per share and has given multibagger returns of over 180 per cent since its listing on NSE in September 2023.

The Board of Directors of Cellecor Gadgets Limited, in its meeting held on January 19, 2026, has approved a strategic financial framework designed to accelerate growth through its subsidiaries, associates, and joint ventures. To support this "business blueprint," the Board greenlit a proposal to grant loans, make investments, and provide guarantees up to an aggregate limit of Rs 500 crore, in compliance with Sections 185 and 186 of the Companies Act, 2013. Furthermore, the Board approved substantial limits for related party transactions to streamline operations across its ecosystem, setting a cap of Rs 500 crore for the current financial year and expanding this to Rs 1,500 crore for the upcoming financial year.

To formalise these decisions, the company will seek shareholder approval through an Extra-Ordinary General Meeting (EGM) scheduled for Wednesday, February 11, 2026, at 02:00 PM via Video Conferencing. The meeting will address these critical financial limits and transaction thresholds that are essential for the company's long-term value creation. Shareholders registered as of the cut-off date will receive the EGM notice electronically, and the company has appointed Mrs Anu Malhotra, a Practicing Company Secretary, as the Scrutinizer to oversee the e-voting process, ensuring transparency and regulatory compliance throughout the proceedings.

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About the Company

Cellecor Gadgets Limited has evolved into a leading consumer electronics brand by strategically outsourcing the manufacturing of Smart TVs, wearables, mobile phones and home appliances. By combining a modern sourcing and marketing approach with a commitment to "making happiness affordable," the company delivers innovative, high-quality technology across a diverse product portfolio. Today, Cellecor stands as a prominent industry name, leveraging sustainable growth to meet the rising global demand for accessible electronic solutions.

Results: According to half-yearly results, the net sales increased by 50.7 per cent to Rs 641.5 crore, EBITDA increased by 34.8 per cent to Rs 34.10 crore and net profit increased by 35.20 per cent to Rs 19.60 crore in H1FY26 compared to H1FY25. In its annual results, the net sales increased by 105 per cent to Rs 1,025.95 crore, Profit before Tax (PBT) increased by 91 per cent to Rs 41.43 crore and net profit increased by 92 per cent to Rs 30.90 crore in FY25 compared to FY24.

In September 2025, FIIs bought 1,22,67,000 shares of Cellecor Gadgets Ltd and increased their stake to 8.78 per cent compared to a 3.27 per cent stake in March 2025. The company's shares have an ROE of 25 per cent and an ROCE of 24 per cent. The stock is up by 10 per cent from its 52-week low of Rs 25.75 per share and has given multibagger returns of over 180 per cent since its listing on NSE in September 2023.

Disclaimer: The article is for informational purposes only and not investment advice.