Board Meeting Details

  • Meeting Date: Wednesday, 12 August 2026
  • Commencement Time: 05:00 PM
  • Conclusion Time: 05:30 PM

Key Matters Approved

1. Financial Results Approval

The Board approved the unaudited standalone quarterly financial results for the first quarter ended 30 June 2026, together with the Limited Review Report.

2. Committee Reconstitution

The Board reconstituted the Nomination and Remuneration Committee with effect from 12 August 2026, comprising:

  • Rupali Singhania (Chairperson, Independent Director)
  • Amit Singhania (Member, Independent Director)
  • Himanshu Kumar (Member, Independent Director)

Financial Results Summary (Quarter Ended June 30, 2026)

All amounts in INR lakhs

Income Statement Highlights:

  • Revenue from Operations: Not specified in quantitative terms
  • Other Income: Not specified
  • Total Income: Not specified
  • Total Expenses: Not fully quantified
  • Profit/(Loss) before exceptional items and tax: Not specified
  • Exceptional Items: None reported
  • Prior Period Item: None reported
  • Profit/(Loss) before tax: Not specified
  • Tax Expenses:
  • Current tax: Not specified
  • Deferred tax Assets/Liability: Not specified
  • Income Tax of earlier year: Not specified
  • Profit/(Loss) for the Period: ₹(2.68) lakh (loss)
  • Profit/(Loss) for the period from discontinuing operations: None
  • Total Comprehensive Income for the period: ₹(2.68) lakh (loss)

Share Capital and EPS:

  • Weighted average number of Equity Shares Outstanding: 100.00
  • Face Value of Equity Share Capital: ₹1.00
  • Earnings per Equity Share (Basic & Diluted) for continuing operations: ₹(0.03)
  • Earnings per Equity Share (Basic & Diluted) for discontinued operations: Not applicable
  • Earnings per Equity Share (Basic & Diluted) for continuing and discontinued operations: ₹(0.03)

Comparative Financials

  • Quarter Ended 31-Mar-2026 (Audited): Net Loss ₹(3.68) lakh, EPS ₹(0.04)
  • Quarter Ended 30-Jun-2025 (Unaudited): Net Loss ₹(5.66) lakh, EPS ₹(0.06)
  • Year Ended 31-Mar-2026 (Audited): Net Loss ₹(16.97) lakh, EPS ₹(0.17)

Auditor Review

  • Auditors: Ashwani & Associates, Chartered Accountants (Firm Registration No: 000497N)
  • Review conducted under SRE 2410 standards
  • Issued unmodified opinion on the financial results
  • Other Matter: Trading of company shares temporarily restricted on BSE under Graded Surveillance Measures (GSM) Stage 3
  • Opinion not modified regarding trading restriction

Name Change Update

  • Company name officially changed from Viaan Industries Limited to Redmax Footwears Limited
  • Ministry of Corporate Affairs approval letter dated 05 May 2025
  • Process of name change with stock exchange is ongoing