Financial Results Approval

The Board of Directors approved and took on record the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026.

The Statutory Auditors - M/s. Ram Chandak & Associates, Chartered Accountants - issued an audit report with an unmodified opinion on the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026.

Key Financial Figures (Standalone)

  • Revenue from Operations: ₹4,903.66 lakhs for year ended March 31, 2026 (₹3,486.87 lakhs previous year)
  • Profit Before Tax: ₹10.84 lakhs for year ended March 31, 2026 (₹145.23 lakhs previous year)
  • Total Assets: ₹31,565.82 lakhs as at March 31, 2026 (₹23,817.59 lakhs previous year)
  • Total Equity: ₹18,503.84 lakhs as at March 31, 2026 (₹18,489.09 lakhs previous year)
  • Earnings Per Share (Basic): ₹0.00 for year ended March 31, 2026

Key Financial Figures (Consolidated)

  • Revenue from Operations: ₹4,903.66 lakhs for year ended March 31, 2026
  • Profit Before Tax: ₹10.53 lakhs for year ended March 31, 2026 (₹150.09 lakhs previous year)
  • Total Assets: ₹31,564.83 lakhs as at March 31, 2026 (₹23,816.67 lakhs previous year)
  • Total Equity: ₹18,502.51 lakhs as at March 31, 2026 (₹18,488.19 lakhs previous year)
  • Earnings Per Share (Basic): ₹0.00 for year ended March 31, 2026

Resignation of Independent Director

Ms. Sona Bachani, Independent Director of the Company, tendered her resignation via letter dated July 27, 2026, from the position of Non-Executive Independent Director effective from close of business hours on July 27, 2026. The resignation was due to "pre-occupancy with other commitments."

She ceased to be a member of the Nomination and Remuneration Committee and Chairperson of Stakeholders Relationship Committee. Ms. Bachani confirmed there are no material reasons for her resignation other than those stated in her resignation letter.

Appointment of Independent Director

The Board approved the appointment of Mrs. Himali Maheshbhai Thakkar (DIN: 10752931) as an Additional Director designated as Non-Executive Independent Director for an initial term of 5 consecutive years from July 27, 2026 to July 26, 2031, subject to member approval in the ensuing AGM.

Mrs. Thakkar is a Qualified Company Secretary with 9+ years of experience in corporate secretarial, legal, and regulatory compliance. She is not related to any Director of the Company and meets the independence criteria under Companies Act, 2013 and SEBI Listing Regulations.

Appointment of Internal Auditor

The Board approved the appointment of M/s. Apurva Shah & Co, Practicing Chartered Accountant (FRN 163848W), as Internal Auditor of the Company for Financial Year 2026-27. Mr. Apurvakumar K. Shah is a qualified professional and member of ICAI.

Reconstitution of Committees

Following Ms. Bachani's resignation, the Board reconstituted committees effective July 27, 2026:

Nomination and Remuneration Committee:

  • Chairman: Mohan Chandiramani (Non-Executive Independent Director)
  • Member: Himali Thakkar (Non-Executive Independent Director)
  • Member: Sushit Bakshi (Non-Executive Director)

Stakeholder Relationship Committee:

  • Chairman: Murli Chandak (Non-Executive Independent Director)
  • Member: Himali Thakkar (Non-Executive Independent Director)
  • Member: Kantilal Vrajlal Ladani (Executive Director)

Board Meeting Details

The Board Meeting commenced at 05:00 PM and concluded at 06:00 PM on July 27, 2026.

Additional Information

The company operates in a single segment. Previous period figures have been regrouped/rearranged wherever necessary for comparability.

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