A meeting of the Board of Directors of Colinz Laboratories Limited was held on Thursday, 30th July, 2026, commencing at 3:30 p.m. and concluding at 5:30 p.m.
Financial Results
- The Board considered and approved the Un-Audited Financial Results for the quarter ended 30th June 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The statutory auditors, M/s. Vora & Associates (ICAI Firm Reg. No.: 111612W), have carried out a 'Limited Review' of these results and issued an Independent Auditor's Review Report dated 30th July 2026.
- Key Financial Figures for Q2 FY27 (Quarter ended 30th June 2026):
- Revenue from Operations: ₹124.09 Lakh
- Total Income: ₹124.09 Lakh (Other Income was nil for the quarter)
- Total Expenses: ₹122.47 Lakh
- Profit Before Exceptional Items and Tax: ₹13.79 Lakh
- Exceptional Item: Profit on Sale of Fixed Assets (net): ₹276.33 Lakh
- Profit Before Tax: ₹290.12 Lakh
- Tax Expense (Current Tax): ₹50.00 Lakh
- Profit for the Period: ₹240.12 Lakh
- Other Comprehensive Income (Change in fair value of investment in Equity Instruments): ₹13.66 Lakh
- Total Comprehensive Income for the period: ₹253.78 Lakh
- Earnings Per Share (Basic and Diluted): ₹9.53
- The company received the second and final tranche of proceeds from the sale of its factory land, building, and machinery at Sinnar, Maharashtra, during the quarter, though manufacturing activities continue on a loan license/third-party basis.
Reports and Appointments Approved
- The Board approved the Director's Report, Management Discussion Report, Corporate Governance Report, and CEO's certification for the year ended 31st March 2026.
- The Board took note of the Secretarial Audit Report for FY26 issued by M/s. Sanjay Dholakia & Associates.
- Appointment of Mrs. Vijaya Mani (DIN: 11363910) as a Director (Promoter & Non-Executive), liable to retire by rotation. The appointment is effective from the forthcoming Annual General Meeting (AGM), subject to member approval. The Board recommended her appointment to the members.
- Appointment of Mr. N. K. Menon (DIN: 01111297) as Whole Time Director and CEO for a further term of one year, from 1st October 2026 to 30th September 2027, subject to member approval at the forthcoming AGM.
- Appointment of M/s. Sanjay Dholakia & Associates as the Secretarial Auditor for the financial year ending 31st March 2027.
- Appointment of CA Ajay Ramsevak Sharma (Firm Reg. No. 137003W) as the Internal Auditor for the financial year 2026-27.
Annual General Meeting (AGM) and Record Date
- The Board approved the draft notice for the 40th Annual General Meeting (AGM) of the company.
- The 40th AGM is scheduled for Tuesday, 22nd September 2026, at 2:30 P.M., to be conducted through video conference or other audio-visual means.
- The Register of Members will be closed from 15th September 2026 to 22nd September 2026 (both days inclusive) for the purpose of the AGM.
- The cut-off date for determining shareholders eligible to vote electronically is 15th September 2026. The electronic voting window will be open from 19th September 2026 (9:30 A.M. IST) to 21st September 2026 (5:00 P.M. IST).