Eureka Industries Limited disclosed the outcomes of its Board Meeting held on Tuesday, 18th August 2026 at its registered office in Ahmedabad. The meeting commenced at 5:00 PM and concluded at 5:30 PM.

Financial Results Approval

The Board approved the Unaudited Financial Results (Standalone) for the quarter ended 30th June 2026, as recommended by the Audit Committee. The results were prepared pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance (Quarter Ended 30th June 2026)

  • Revenue from Operations: ₹4.00 lakh (compared to ₹3751.06 lakh in Q1 FY26 and ₹2429.88 lakh in Q4 FY26)
  • Other Income: ₹0.00 lakh (compared to ₹0.00 lakh in Q1 FY26 and ₹140.69 lakh in Q4 FY26)
  • Total Income: ₹4.00 lakh (compared to ₹3751.06 lakh in Q1 FY26 and ₹2570.56 lakh in Q4 FY26)
  • Total Expenses: ₹25.17 lakh (compared to ₹3742.74 lakh in Q1 FY26 and ₹2618.43 lakh in Q4 FY26)
  • Purchases of Stock-in-trade: ₹14.25 lakh
  • Employee benefits expenses: ₹2.13 lakh
  • Operating and Other Expenses: ₹8.80 lakh
  • Profit/(Loss) before tax: (₹21.17) lakh loss (compared to ₹8.32 lakh profit in Q1 FY26 and (₹47.87) lakh loss in Q4 FY26)
  • Tax Expenses: ₹0.00
  • Net Profit/(Loss) for the period: (₹21.17) lakh (compared to ₹8.32 lakh profit in Q1 FY26 and (₹49.20) lakh loss in Q4 FY26)
  • Earnings per Share (Basic & Diluted): (₹0.24) per share (compared to ₹0.10 per share in Q1 FY26 and (₹0.56) per share in Q4 FY26)

Capital Structure

  • Paid-up Equity Share Capital: ₹875.00 lakh (unchanged from previous periods)
  • Face Value of Equity Share: ₹10.00 per share
  • Reserves excluding revaluation reserves: ₹0.00 (compared to (₹1002.30) lakh as of 31st March 2026)

Insolvency Proceedings

The company disclosed significant developments regarding insolvency proceedings:

  • An Extraordinary General Meeting was held on 18th May 2026 where a scheme of Pre-Packaged Insolvency Resolution Process (PPIRP) under the Insolvency and Bankruptcy Code, 2016 was proposed for approval.
  • The scheme included a Base Resolution Plan involving the amalgamation of Onix Renewable Limited with and into Eureka Industries Limited, with a consequential proposed change of name to "ONIX RENEWABLE LIMITED".
  • The company received an order dated 14th August 2026 from the Hon'ble NCLT, Ahmedabad Bench admitting the company's petition filed under Section 54C of the Insolvency and Bankruptcy Code, 2016.
  • The Pre-Packaged Insolvency Resolution Process (PPIRP) commenced with effect from 14th August 2026.
  • An Insolvency Professional has been approved as Resolution Professional for conducting the process.

Limited Review Report

V S S B & Associates, Chartered Accountants (Firm No. 121356W) issued a limited review report on the unaudited financial results. The review was conducted in accordance with Standard on Review Engagement (SRE) 2410 issued by ICAI. The auditors stated that nothing has come to their attention that causes them to believe that the financial results contain any material misstatement.

The report included the same disclosures regarding the PPIRP process and NCLT order dated 14th August 2026.