1. Financial Results Approval

The Board approved the standalone unaudited financial results for the quarter ended June 30, 2026, along with the Limited Review Report by M/s. Gupta Vigg & Co., Chartered Accountants, Ludhiana, pursuant to Regulation 33 of the Listing Regulations.

Financial Highlights for Q1 FY27 (Quarter Ended June 30, 2026):

  • Total Income: ₹82,296.48 lakh
  • Total Expenses: ₹80,168.51 lakh
  • Profit before exceptional items and tax: ₹2,127.97 lakh
  • Exceptional items (Corporate Social Responsibility Expenses u/s 135 of Companies Act, 2013): ₹22.74 lakh
  • Profit before tax: ₹2,105.23 lakh
  • Tax expense: ₹509.00 lakh
  • Profit for the period: ₹1,596.23 lakh
  • Other Comprehensive Income/(Loss): ₹6,969.17 lakh
  • Total Comprehensive Income: ₹8,565.40 lakh
  • Paid-up equity share capital (Face Value of ₹5 each): ₹1,803.27 lakh
  • Earnings per equity share (Basic/Diluted): ₹4.43

Comparative Figures (Quarter Ended June 30, 2025):

  • Total Income: ₹91,121.41 lakh
  • Total Expenses: ₹88,212.69 lakh
  • Profit before exceptional items and tax: ₹2,908.72 lakh
  • Exceptional items: ₹0.00 lakh
  • Profit before tax: ₹2,908.72 lakh
  • Tax expense: ₹567.00 lakh
  • Profit for the period: ₹2,341.72 lakh
  • Other Comprehensive Income/(Loss): ₹-1,502.10 lakh
  • Total Comprehensive Income: ₹839.62 lakh
  • Earnings per equity share (Basic/Diluted): ₹6.45

2. Management Reappointments

The Board approved the reappointment of:

  • Mr. Dinesh Oswal (DIN: 00607290) as Managing Director for a further period of 5 years effective January 1, 2027, subject to shareholder approval
  • Dr. Yash Paul Sachdeva (DIN: 02012337) as Independent Director for a term of 5 consecutive years
  • Dr. Anchal Kumar Jain (DIN: 02516261) as Independent Director for a term of 5 consecutive years

3. Annual General Meeting

The 46th Annual General Meeting will be held on Friday, September 25, 2026, at 10:00 AM through Video Conferencing (VC)/Other Audio Visual Means (OAVM).

4. Dividend Record Date

The Register of Members and Share Transfer Books will remain closed from September 5, 2026, to September 9, 2026 (both days inclusive). The record date for payment of dividend on equity shares for the financial year ended March 31, 2026, has been fixed as September 4, 2026.

Meeting Details

The Board meeting commenced at 3:00 PM and concluded at 3:50 PM on August 5, 2026.

Auditor's Limited Review Report

M/s. Gupta Vigg & Co., Chartered Accountants (FRN 001393N), issued a limited review report dated August 5, 2026, stating that based on their review, nothing has come to their attention that causes them to believe that the financial results contain any material misstatement. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by the Institute of Chartered Accountants of India.

Additional Notes from Financial Statements

  • The company operates in a single segment (Textiles), hence segment reporting under IND AS 108 is not applicable
  • Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
  • The company does not have any Subsidiary/Associates/Joint Venture Company
  • Results were reviewed by the Audit Committee and approved by the Board of Directors