Board Meeting Details

The Board meeting commenced at 04:45 PM and concluded at 5:35 PM on Wednesday, July 15, 2026.

Key Decisions and Approvals

1. Financial Results Approval

  • Approved Unaudited Standalone Financial Results (with Limited Review Reports) for quarter ended June 30, 2026
  • Results were approved by Audit Committee and Board of Directors on July 15, 2026

2. Registered Office Relocation

  • Approved shifting of Registered Office from B-536-537, Matsya Industrial Area, Alwar – 301030, Rajasthan to 2nd Floor, 2, Sai Collection Building, Bus Stand Road, Police Control Room, Alwar Bus Stand Area, Alwar, Rajasthan – 301001
  • Effective from July 15, 2026
  • Shift occurs within the same city limits of Alwar, Rajasthan

3. Corporate Office Establishment

  • Approved establishment and commencement of Corporate Office at P-212 B, Gate No. 2, Lodhika GIDC, Rajkot, Metoda, Gujarat, India – 360021
  • Effective from July 15, 2026

4. Director Appointment

  • Appointed Ms. Minal Surendra Jain (DIN: 11822395) as Independent Women Director
  • Term: 5 consecutive years commencing July 15, 2026
  • Subject to shareholder approval
  • Not related to any existing Director
  • Not debarred from holding director office by SEBI or any statutory authority

5. Committee Reconstitution

  • Reconstituted Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee
  • Effective immediately

Financial Results for Quarter Ended June 30, 2026

Standalone Financial Performance (₹ in Lakhs)

| Particulars | Q1 FY27 (Jun 2026) | Q1 FY26 (Jun 2025) | Q4 FY26 (Mar 2026) | FY26 (Full Year) |

| Revenue from operations | 1,299.30 | 65.00 | 1,095.46 | 1,650.69 |

| Other Income | 548.10 | 24.31 | 0.08 | - |

| Total Revenue | 1,847.40 | 89.31 | 1,095.54 | - |

| Total Expenses | 1,626.10 | 4.83 | 1,144.88 | 1,586.89 |

| Profit before Tax | 221.30 | 84.49 | (49.34) | - |

| Current Tax | 55.33 | - | - | - |

| Net Profit | 165.97 | 84.49 | (49.34) | 63.79 |

| Paid-up Equity Share Capital | 89.759 | 89.759 | 17.259 | 89.759 |

| Basic EPS (₹) | 1.85 | 0.94 | (2.86) | 0.71 |

| Diluted EPS (₹) | 1.85 | 0.94 | (2.86) | 0.71 |

Expense Breakdown (Q1 FY27)

  • Cost of Material Consumed: ₹970.32 lakh
  • Changes in Inventories: ₹12.15 lakh
  • Employee Benefit Expenses: Not separately quantified
  • Finance Cost: Not separately quantified
  • Depreciation and Amortization: Not separately quantified
  • Other expenses: ₹643.63 lakh

Additional Information

  • Segment reporting not applicable as company operates in single segment: "Renewable Energy Sector Solar Cell Products"
  • No investor complaints received during quarter ended June 30, 2026
  • No investor complaints pending as of July 1, 2026
  • Previous period figures regrouped to confirm with current period classification

Director Profile

Ms. Minal Surendra Jain is a corporate compliance and governance professional with experience in:

  • Regulatory compliances under Companies Act, 2013
  • SEBI Regulations and Stock Exchange requirements
  • ROC filings and AIF compliances
  • Investor reporting and corporate governance
  • Regulatory reporting and corporate due diligence
  • SEBI SAST disclosures

Auditor Review

  • Independent review conducted by M/s. A H Mandaliya & Associates, Chartered Accountants (FRN: 146705W)
  • Review performed pursuant to Regulation 33 of SEBI Listing Regulations
  • Conclusion: No material misstatement identified in financial results
  • Financial results prepared in accordance with Ind AS 34