Autoline Industries Weighs Fresh Fundraise as Turnaround, Capex and Leadership Reset Gain Pace

Autoline Industries has informed stock exchanges that its board will soon evaluate options for mobilising fresh capital, likely through a mix of equity and equity-linked instruments on a preferential or rights basis. The contemplated raise comes on the heels of trading approval for 22 lakh promoter warrants converted into equity and a planned exit from non-core real-estate holdings via Autoline Industrial Parks.​

 

The company, which supplies sheet-metal and tubular components to leading OEMs, has been in balance-sheet repair mode for several years, combining asset monetisation and debt restructuring with operational improvements. Recent quarterly results showed double‑digit growth in revenue and EBITDA, while the board has tightened execution by elevating Mayank Sharma to Chief Business Officer and appointing Kailas Thopate as COO. A fresh capital infusion could help pare residual debt, fund automation and capacity upgrades, and provide working capital for new orders in a stabilising domestic auto cycle.​

 

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Sources: Company exchange filings and board notices; Business Standard corporate announcements; Moneycontrol and ICICI Direct board‑meeting trackers; ScanX and InvestyWise corporate news.​