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Atlas Cycles (Haryana) informs about outcome of board meeting

12 Aug 2026 Evaluate

Atlas Cycles (Haryana) has informed that the Board of Directors of the Company at its meeting held today has approved the Unaudited Financial Results of the Company for the quarter ended 30th June 2026. Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), the said Financial Results together with Limited Review Report of the Statutory Auditors on the said Results are enclosed. The aforesaid Financial Results can also be accessed at the website of the Company at www.atlasbicycles.com. Further, in continuation to intimation by the Company on 14th April 2026, 16th January 2026, 31st October 2025, 29th May 2025 and 7th December 2024 regarding sale of 20 acres of Land of the Company situated in Sonepat, Haryana, the company has informed that the Buyer had sought further extension upto 31st December 2026 for execution of Sale Deed in connection with the said Land. The Board of Directors today, have approved the said extension. Further, pursuant to Agreement to Sell for said land, entered into on 7th December 2024, the Company till date has received an advance of Rs. 45.00 crores and the Buyer has further undertaken to pay another Rs. 15.00 crores by 30th October 2026. The Company will further intimate as and when any other material development takes place in this regard. The meeting commenced at 10:20 am and concluded at 11:00 am.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Atlas Cycle(Haryana) 91.55
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