Board Meeting Outcomes
The Board of Directors of Grandma Trading and Agencies Limited held a meeting on August 13, 2026, which commenced at 3:00 PM and concluded at 4:10 PM. The meeting addressed two key agenda items pursuant to SEBI regulations.
Management Appointment
On the recommendation of the Nomination and Remuneration Committee, the Board approved the appointment of Mr. Avdhesh Chaurasiya (DIN: 10277816) as Whole-Time Director of the Company effective August 1, 2026, for a period of five years until July 31, 2031. This appointment is subject to approval by the shareholders. Mr. Chaurasiya was also appointed as Chief Financial Officer (CFO) of the Company.
Mr. Chaurasiya is a graduate from Mumbai University with more than 8 years of experience and expertise in the field of Indirect Taxes and Accounting. He is not related to any existing directors of the Company and is not debarred from holding the office of Director by virtue of any SEBI or other authority order.
Authorization of Key Managerial Personnel
The Board authorized Mr. Avdhesh Chaurasiya as Whole-Time Director and CFO to evaluate and determine the materiality of any information/event in accordance with the Company's Policy for determination of materiality of disclosures. He is empowered to make appropriate disclosures of such events/information to the Stock Exchanges where the Company's shares are listed, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Updated Compliance Contacts
The revised list of designated officials under Regulation 30(5) is as follows:
- Mr. Avdhesh Chaurasiya - Whole-Time Director & Chief Financial Officer (Mobile: 9892578267, Email: grandmatradingrmgmaiI.com)
- Ms. Sonal Nakum - Company Secretary and Compliance Officer (Mobile: 7303632191, Email: grandmatradingeagmall.corn)
Financial Results Approval
Financial Performance Highlights (Rupees in Lakh Except EPS)
Quarter Ended June 30, 2026 (Unaudited):
- Revenue From Operations: ₹12.66
- Other Income: ₹0.00
- Total Revenue: ₹12.66
- Total Expenditure: ₹11.05 (including Purchase of Stock in trade: ₹10.06, Employee Benefits Expenses: ₹1.20, Listing Fees: ₹3.25, Other Expenses: ₹1.33)
- Net Profit before tax: ₹1.61
- Tax Expense: ₹0.00
- Net Profit for the period: ₹1.61
- Total Comprehensive Profit for the period: ₹1.61
- Paid-up Equity Share Capital (FV ₹1): ₹1306.00
- Basic EPS: ₹0.001
- Diluted EPS: ₹0.001
Comparative Figures:
- Quarter Ended March 31, 2026 (Audited): Net Profit ₹6.63, EPS ₹0.005
- Quarter Ended June 30, 2025 (Unaudited): Net Loss ₹5.95, EPS -₹0.005
- Year Ended March 31, 2026 (Audited): Net Loss ₹7.03, EPS -₹0.005
Notes to Financial Results
1. The results have been reviewed by the Audit Committee and approved by the Board of Directors on August 13, 2026. The statutory auditors have reviewed the same.
2. The Company is engaged in only one segment with no separate reportable segments as per IND AS 108.
3. Figures for the quarter ended March 31, 2026 are balancing figures between audited full-year figures and year-to-date figures.
4. The Company's petition for reduction of paid-up capital is pending for final hearing before the NCLT.
5. Figures for previous periods have been regrouped/rearranged where necessary.
Auditor's Review
Singhvi & Sancheti, Chartered Accountants (FRN No. 110286W), issued a limited review report on the unaudited financial results. Based on their review conducted in accordance with SRE 2410, nothing came to their attention that causes them to believe that the statement contains any material misstatement or fails to disclose required information under Regulation 33 of SEBI LODR Regulations.