Board Meeting Details

The Board of Directors meeting was held at the registered office at Office Plot No. 2B/1, Ground Floor, Kandivali Cooperative Industrial Estate Ltd., Hindustan Naka, Kandivali (West), Mumbai - 400067. The meeting commenced at 03:15 PM and concluded at 03:45 PM.

Matters Approved

1. Approved the Un-Audited Financial Results (Standalone and consolidated) for the first Quarter ended June 30, 2026, pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015.

2. Approved and took on record the Limited Review Report on the Un-Audited Financial Results (Standalone and consolidated) for the first Quarter ended June 30, 2026, issued by Statutory Auditors of the Company M/s. SSRV & Associates, Chartered Accountants, Mumbai.

3. Considered and took on record, Statement of deviation(s) or variation(s), pursuant to Regulation 32 of SEBI (LODR) Regulation, 2015, on use of proceeds from the objects stated in the Right issue offer document.

Standalone Financial Results (Q1 FY27 ended June 30, 2026)

  • Net Sales/Income from Operations: ₹23.40 lakh
  • Other Income: Not specified
  • Total Income: ₹23.40 lakh
  • Total Expenses: ₹60.77 lakh
  • Purchase of stock-in-trade: ₹56.08 lakh
  • Change in inventories: (₹43.57) lakh
  • Employees benefits expense: ₹7.50 lakh
  • Finance Cost: ₹5.01 lakh
  • Depreciation and amortization: ₹14.05 lakh
  • Other expenses: ₹21.70 lakh
  • Profit Before Tax: (₹37.37) lakh
  • Total Tax Expenses: (₹15.02) lakh (Deferred Tax)
  • Profit for the Period: (₹22.35) lakh
  • Earnings Per Share (EPS):
  • Basic: (₹0.01)
  • Diluted: (₹0.01)
  • Paid Up Equity Share Capital: ₹3,836.01 lakh
  • Face Value per Share: ₹1.00

Comparative Figures

Quarter Ended 30.06.2025:

  • Profit for the period: ₹65.14 lakh
  • EPS Basic: ₹0.03
  • EPS Diluted: ₹0.03

Year Ended 31.03.2026:

  • Profit for the period: (₹13.60) lakh
  • EPS Basic: ₹0.00
  • EPS Diluted: ₹0.00

Consolidated Financial Results (Q1 FY27 ended June 30, 2026)

  • Net Sales/Income from Operations: ₹3,224.86 lakh
  • Other Income: ₹588.55 lakh
  • Total Income: ₹3,813.41 lakh
  • Total Expenses: ₹3,796.77 lakh
  • Profit Before Tax: ₹16.64 lakh
  • Total Tax Expenses: ₹9.83 lakh
  • Profit for the Period: ₹21.17 lakh

Limited Review Reports

Statutory auditors SSRV & Associates issued limited review reports for both standalone and consolidated financial results, stating that nothing came to their attention that causes them to believe the statements contain any material misstatement.

Statement on Deviation/Variation of Proceeds

  • Mode of Fund Raising: Rights Issues
  • Date of Raising Funds: July 7, 2025
  • Amount Raised: ₹19,16,01,248.00
  • No deviation/variation in use of funds raised

Fund Utilization Details

| Object | Amount Raised (₹ lakh) | Amount Used (₹ lakh) | Amount Unused (₹ lakh) |

| Working Capital Requirements | 470.00 | 220.00 | 220.00 |

| Funding for expansion plans | 500.00 | 300.00 | 300.00 |

| Investment in Existing Subsidiary | 3500.00 | 1200.00 | 1194.16 |

| General corporate purposes | 400.00 | 116.16 | 116.16 |

| Issue-related expenses | 80.00 | 80.00 | 61.49 |

| Total | 4950.00 | 1916.16 | 1891.81 |

Additional Information

  • The company has adopted Indian Accounting standards (Ind AS) with effect from April 1, 2017
  • The company is engaged in the business of "Distribution" with only one reportable segment
  • Results are available on www.Mayukh.co.in and www.bseindia.com
  • The consolidated results include subsidiaries: Mayukh Trading Private Limited and Pavapuri Export Private Limited