Financial Results Approval

The Board of Directors approved the Audited Financial Results (Standalone) of the Company along with Auditors' Report for the quarter and year ended March 31, 2026.

Key Financial Figures (Year Ended March 31, 2026)

  • Revenue from operations: ₹400 lakhs (FY25: ₹250 lakhs)
  • Other Income: ₹0.62 lakhs (FY25: ₹343 lakhs)
  • Total Income: ₹400.62 lakhs (FY25: ₹593 lakhs)
  • Net Profit/(Loss) for the year: ₹15.50 lakhs (FY25: ₹126.88 lakhs)
  • Earnings Per Share (Basic): ₹0.26 (FY25: ₹2.09)
  • Earnings Per Share (Diluted): ₹0.26 (FY25: ₹2.09)

Balance Sheet Position (as at March 31, 2026)

  • Total Assets: ₹1,108.74 lakhs (FY25: ₹1,157.99 lakhs)
  • Property, Plant and Equipment: ₹131 lakhs (FY25: ₹2,031 lakhs)
  • Inventories: ₹493.20 lakhs (FY25: ₹528.42 lakhs)
  • Trade Receivables: ₹212.89 lakhs (FY25: ₹196.51 lakhs)
  • Cash and Cash Equivalents: ₹1.45 lakhs (FY25: ₹4.15 lakhs)
  • Equity Share Capital: ₹605.97 lakhs (unchanged from FY25)
  • Other Equity: ₹(225.93) lakhs (FY25: ₹(241.43) lakhs)

Management Changes

1. Resignation of Mr. KC Bokadia (DIN: 01828803) as Managing Director effective May 29, 2026 due to personal reasons and succession planning.

2. Resignation of Mr. Deepak Arora (DIN: 07768439) as Independent Director effective May 29, 2026 due to professional commitments.

3. Appointment of Mr. KC Bokadia as Chairman Emeritus in honorary and advisory capacity effective May 30, 2026.

4. Appointment of Mr. Pramod Bokadia (DIN: 01815878) as Additional Director (Executive Non-Independent Category) subject to shareholder approval.

5. Appointment of Mr. Pramod Bokadia as Chairman & Managing Director for 5 years effective May 29, 2026, subject to shareholder approval.

6. Appointment of Mr. Amit Sajjan Kumar Gupta (DIN: 00418324) as Additional Director (Independent category) for 5 years effective May 29, 2026, subject to shareholder approval.

Board Committee Reconstitution

Effective immediately, the Board reconstituted its various committees:

  • Audit Committee: Mr. Amit Sajjan Kumar Gupta (Chairman), Mrs. Sohan Kawar Kastoor Chand Bokadia (Member), Mr. Mahip Jain (Member)
  • Nomination & Remuneration Committee: Mr. Amit Sajjan Kumar Gupta (Chairman), Mrs. Sohan Kawar Kastoor Chand Bokadia (Member), Mr. Mahip Jain (Member)
  • Stakeholders Relationship Committee: Mrs. Sohan Kawar Kastoor Chand Bokadia (Chairman), Mr. Amit Sajjan Kumar Gupta (Member), Mr. Pramod Bokadia (Member)
  • Independent Directors Committee: Mr. Amit Sajjan Kumar Gupta (Member), Mr. Mahip Jain (Member)

Meeting Details

The Board meeting started at 11:00 AM and concluded at 3:00 PM on May 29, 2026.