Fractal Industries Limited disclosed the outcomes of its Board of Directors meeting held on May 26, 2026, from 3:00 PM to 5:00 PM. The disclosure was made pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.

Key Board Approvals:

1. Financial Results Approval: Pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015, the Board, based on the Audit Committee's recommendation, approved and adopted the following:

  • The Auditor's Report on Standalone and Consolidated Financial Results for the half year and year ended March 31, 2026.
  • The statement of Audited Financial Results, including Statements of Assets and Liabilities, Profit and Loss Statement, and Cash Flow for the same period.
  • The Statutory Auditors, M/s Keyur Shah & Associates, Chartered Accountants (Firm Registration Number 333288W), expressed an unmodified opinion on these audit reports. A subsequent declaration confirmed that a statement on the impact of audit qualifications was not required.
  • The Board also approved the standalone and consolidated financial statements along with the Audit Report for the financial year ended March 31, 2026.

2. Appointment of Secretarial Auditor: The Board approved the appointment of M/s Parth Nair and Associates, Company Secretaries, as the Secretarial Auditor for the financial year 2026-27. The firm, based in Ahmedabad, specializes in corporate and securities laws and has no relationship with the company's Directors or KMPs.

3. Appointment of Internal Auditor: The Board approved the appointment of M/s N S Rathi & Associates, Chartered Accountants, Mumbai, as the Internal Auditor for the financial year 2026-27. The firm offers comprehensive audit services and strategic advisory, particularly in RERA matters.

4. Related Party Transactions: Based on a recommendation from the Audit Committee, the Board approved Related Party Transactions to be entered into with M/s Nested Brands Private Limited. The transactions are for the Sale, Purchase & Labour Charges of goods and materials and are capped at an amount not exceeding ₹10 Crore per annum for the financial year 2026-27.

The company requested BSE Limited to take the information on record and disseminate it.