13th Annual General Meeting scheduled for Thursday, September 24, 2026 at 11:00 AM IST
Meeting to be held through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
Newspaper advertisements published in Free Press Journal (English) and Navshakti (Marathi) on September 2, 2026
Register of Members and Share Transfer Books will remain closed from September 17, 2026 to September 24, 2026 (both days inclusive)
Remote e-voting period: September 21, 2026 (9:00 AM) to September 23, 2026 (5:00 PM)
Cut-off date for voting eligibility: September 17, 2026
Financial Results for Quarter Ended June 30, 2026
Standalone Performance:
Total Income from Operations: ₹0.00 (compared to ₹356.75 lakh in Q1 FY26)
Net Loss before tax (after exceptional items): ₹(86.82) lakh (compared to ₹(44.15) lakh in Q1 FY26)
Net Loss after tax: ₹(86.82) lakh (compared to ₹(44.15) lakh in Q1 FY26)
Total Comprehensive Income: ₹(86.82) lakh
Equity Share Capital: ₹4,227.35 lakh (face value Re. 1)
Basic EPS: ₹(0.021) (compared to ₹(0.010) in Q1 FY26)
Diluted EPS: ₹(0.021) (compared to ₹(0.010) in Q1 FY26)
Consolidated Performance:
Total Income from Operations: ₹0.00 (compared to ₹356.75 lakh in Q1 FY26)
Net Loss before tax (after exceptional items): ₹(87.42) lakh (compared to ₹(47.08) lakh in Q1 FY26)
Net Loss after tax: ₹(87.42) lakh (compared to ₹(47.08) lakh in Q1 FY26)
Total Comprehensive Income: ₹(87.42) lakh
Equity Share Capital: ₹4,227.35 lakh
Basic EPS: ₹(0.021) (compared to ₹(0.011) in Q1 FY26)
Diluted EPS: ₹(0.021) (compared to ₹(0.011) in Q1 FY26)
Wilful Defaulter Proceedings by IDBI Bank
IDBI Bank initiated proceedings under RBI (Commercial Bank Treatment of Wilful Defaulters and Large Defaulters) Directions, 2025
Show Cause Notice dated July 28, 2026 issued to:
Umesh Jayantilal Mehta (Promoter-Director/Guarantor of Navsan Glass Industries Limited)
Niraj Jayantilal Mehta (Promoter-Director/Guarantor of Navsan Glass Industries Limited)
Criteria for wilful default: Clause 3(1)(xviii)(A)(c) read with 3(1)(xvi) and Clause 3(1)(xviii)(A)(e) for promoters; Clause 3(1)(xviii)(B) for guarantors
Defendants given 21 days from publication date to show cause why they should not be declared wilful defaulters
Detailed SCN available at IDBI Bank, 7th Floor, IDBI Tower, WTC Complex, Cuffe Parade, Mumbai-400005
Area: 26.050 sq meters (280.298 sq ft) carpet area
Total outstanding: ₹16,66,356.80 + ₹8,00,000 interest
Reserve price: Not specified
EMD: ₹5,60,000
Auction date: September 22, 2026 at 10:00 AM
Omkara ARC Auction Details:
Property: Residential property at Goregaon, Shastri Nagar, Mumbai-400104
Area: 754.12 sq ft (70.06 sq m) carpet area
Reserve price: ₹8,38,30,000
EMD: ₹83,83,000
Auction date: September 22, 2026 from 11:00 AM to 12:00 PM
Special SEBI Advisory
SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026
Special window opened from February 05, 2026 to February 04, 2027 for transfer and dematerialization of physical securities sold/purchased prior to April 01, 2019
Shareholders may contact Registrar and Share Transfer Agent, MUFG Intime India Private Limited for assistance
Additional Information
The audit committee reviewed and board of directors approved the financial results on August 31, 2026
Figures for corresponding previous quarter regrouped/reclassified for comparability
Documents available on company website: https://nisusfin.com/investor-relations/regulatory-filings