Blue Chip Tex Industries Limited held its Board of Directors meeting on August 12, 2026, from 3:30 PM to 4:00 PM. The board considered and approved several items pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Results

The board approved the unaudited financial results for the quarter ended June 30, 2026, which were reviewed by the statutory auditors, D K P & Associates. The limited review report concluded that nothing came to their attention suggesting material misstatement or non-compliance with disclosure requirements.

Key Financial Figures (₹ in Lakhs, except EPS):

  • Revenue from operations: ₹5,906.49 (Q1 FY27) vs ₹5,728.78 (Q1 FY26)
  • Total income: ₹5,910.80 (Q1 FY27) vs ₹5,729.44 (Q1 FY26)
  • Total expenses: ₹6,010.42 (Q1 FY27) vs ₹5,804.53 (Q1 FY26)
  • Profit before tax: (₹99.62) loss (Q1 FY27) vs (₹75.09) loss (Q1 FY26)
  • Tax expense: (₹24.45) (Q1 FY27) vs (₹14.22) (Q1 FY26)
  • Profit after tax: (₹75.17) loss (Q1 FY27) vs (₹60.87) loss (Q1 FY26)
  • Other comprehensive income: (₹2.04) loss (Q1 FY27) vs (₹2.33) loss (Q1 FY26)
  • Total comprehensive income: (₹77.21) loss (Q1 FY27) vs (₹63.20) loss (Q1 FY26)
  • Paid-up equity share capital: ₹197.05 (face value ₹10 each)
  • Earnings per share (basic and diluted): (₹3.81) (Q1 FY27) vs (₹3.09) (Q1 FY26)

The company's main business segment is manufacturing polyester texturised yarn for the domestic market. There are no separate reportable segments as per Ind AS 108. The company has no subsidiaries, associates, or joint ventures as of June 30, 2026.

Board Changes

The board appointed Mr. Saurabh S. Somani (DIN: 06540706) as an Additional Director in the category of Non-Executive Independent Director effective August 12, 2026, for a five-year term subject to shareholder approval. Mr. Somani holds a BA in Economics from the University of Illinois at Urbana-Champaign (2012) and has over 11 years of experience in finance and investments, including roles at EY India and a family office. He is not related to any other director and is not debarred from holding directorship.

The board accepted the resignation of Mr. Rohit P Bajaj (DIN: 08646838) as Non-Executive Independent Director effective August 12, 2026, upon closure of business hours. Mr. Bajaj resigned due to other commitments and personal pre-occupations, confirming no other material reasons. He also stepped down from all board committees (Audit Committee, Nomination and Remuneration Committee, and Independent Directors Committee) and does not hold directorships or committee memberships in any other listed entity.

Committee Reconstitution

Following Mr. Bajaj's resignation, the board reconstituted its committees effective August 12, 2026:

Nomination & Remuneration Committee:

  • Mrs. Ta S Shah (Chairman) - Non-Executive Independent Director
  • Mr. Saurabh S Somani (Member) - Additional Director (Non-Executive Independent Director)
  • Mr. Siddharth A Khemani (Member) - Non-Executive Independent Director

Audit Committee:

  • Mr. Abhishek S Kamdar (Chairman) - Non-Executive Independent Director
  • Mr. Saurabh S Somani (Member) - Additional Director (Non-Executive Independent Director)
  • Mr. Rahul A Khemani (Member) - Chief Financial Officer & Director

Annual General Meeting

The board fixed the date for the 41st Annual General Meeting (AGM) as Tuesday, September 22, 2026. Citing MCA General Circulars (No. 02/2022, 20/2020, 09/2023, 09/2024, and 03/2025) and SEBI Circulars (SEBI/HO/CFD/CMD2/CIR/P/2022/62 and SEBI/HO/CFD/CMD1/CIR/P/2020/79), the AGM will be held through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).

The company will send soft copies of the Annual Report 2025-26 only to shareholders with registered email IDs. Shareholders without updated email IDs are requested to update them to receive the report.

Additional Information

The company's corporate office is at 15,16 & 17, Maker Chambers-III, 1st Floor, Jamnalal Bajaj Road, Nariman Point, Mumbai 400 021. The registered office is at Plot No. 63-B, Danudyog Sahakari Sangh Ltd., Village Piparia, Silvassa, Dadra & Nagar Haveli (UT) 396230.

The information is available on the company's website (www.bluechiptexindustrieslimited.com) and BSE website (www.bseindia.com).