Key Quantitative Figures (Quarter Ended June 30, 2026)

Financial Performance (Figures in ₹ Crore, unless stated otherwise):

  • Revenue from Operations: ₹5.92 crore
  • Total Expenses: ₹17.87 crore (comprising: Cost of Materials Sold ₹5.92 cr, Changes in Inventories ₹0.01 cr, Employee Benefits ₹2.24 cr, Finance Costs ₹8.13 cr, Depreciation ₹1.57 cr)
  • Profit Before Tax: ₹1.16 crore
  • Tax Expense: ₹0.41 crore (Current Tax)
  • Profit After Tax (PAT): ₹1.16 crore
  • Other Comprehensive Income: Not applicable for the period
  • Total Comprehensive Income: ₹1.16 crore
  • Paid-up Share Capital: ₹580.39 crore (Face Value ₹10 per share)
  • Earnings Per Share (Basic & Diluted): ₹0.02

Comparative Figures:

  • Previous Quarter (Q4 FY26): PAT ₹1.90 crore, EPS ₹0.03
  • Corresponding Quarter Previous Year (Q1 FY26): PAT ₹3.87 crore, EPS ₹0.07

Dates of Action

  • Board Meeting Date: August 13, 2026
  • Meeting Duration: 11:40 AM to 1:55 PM
  • Financial Period: Quarter ended June 30, 2026
  • Effective Date for Re-appointment: June 1, 2027 (subject to shareholder approval)

Parties Involved

  • Stock Exchange: Bombay Stock Exchange Limited
  • Managing Director: Mr. Yunus Memon (DIN: 01094396)
  • Statutory Auditors: VCA & Associates (FRN: 114414W)
  • Signatory/Compliance Officer: CS Ishita Kapure

Corporate Action: Re-appointment of Managing Director

  • The Board, based on the recommendation of the Nomination and Remuneration Committee, approved the re-appointment of Mr. Yunus Memon as Managing Director (Executive Director category).
  • The re-appointment is for a term of 3 consecutive years, effective June 1, 2027.
  • The appointment is subject to approval by shareholders at the ensuing Annual General Meeting.
  • A confirmation was provided that Mr. Memon is not debarred from holding the office of director by any SEBI order or other authority.
  • His profile notes rich experience in marketing, administration, and management.
  • He is not related to any other directors, managers, or Key Managerial Personnel (KMPs) of the company.
  • He holds no directorships in other listed entities.

Financial & Operational Impact

  • The financial results are unaudited but have been subjected to a limited review by the statutory auditors, VCA & Associates.
  • The auditors issued an unmodified review report, stating nothing has come to their attention to believe the statement contains material misstatements.
  • The company operates in a single segment: "agriculture input products and its by-products".
  • The financial impact of the management re-appointment (remuneration) is not quantified in the disclosure.

Capital Structure Impact

  • No change in share capital reported. Paid-up share capital remains unchanged at ₹580.39 crore.

Additional Notes from Financial Statements

  • The results were reviewed by the Audit Committee and approved by the Board on August 13, 2026.
  • Prepared in accordance with Indian Accounting Standard (Ind AS) 34 and other accounting principles generally accepted in India.
  • Previous quarters'/years' figures have been regrouped/rearranged for comparability.