Board Meeting Details
The Board of Directors of SMT Engineering Limited held a meeting on Thursday, August 13, 2026. The meeting commenced at 11:00 a.m. and concluded at 02:45 p.m.
Business Considered and Approved
1. The Board considered and approved the Un-Audited Standalone & Consolidated Financial Results of the Company for the Quarter ended on June 30, 2026, in terms of regulation 33 of SEBI (LODR) Regulations, 2015. The Board also took on record the Limited Review Report thereon.
2. The Board took note of a fine levied by BSE. The fine was imposed as per SEBI MASTER CIRCULAR NO. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated July 11, 2023 (last updated on January 30, 2026). The fine was due to the non-submission of the Secretarial Compliance Report within the prescribed timeline for the financial year ended March 31, 2026. The Board provided comments on this matter to be disclosed on the BSE.
Financial Results Overview
The accompanying Standalone and Consolidated Statements of Unaudited Financial Results for the quarter ended June 30, 2026, are presented in the format prescribed by SEBI. However, all numerical fields for the current quarter (Q1 FY27), the previous quarter (Q4 FY26), and the corresponding quarter of the previous year (Q1 FY26) are blank in the provided data. The statements include a column for the Audited year ended March 31, 2026, but these figures are also not populated in the provided excerpt.
Auditor's Review Report
Standalone Financials: M/s. Anil Kamal Garg & Company, Chartered Accountants (Firm Regn. No. 004186C), represented by Partner Devendra Bansal (Membership No. 078057), issued a limited review report on the unaudited standalone quarterly financial results. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI. The report, dated August 13, 2026, in Indore, concludes that based on their review, nothing has come to their attention that causes them to believe the statement contains any material misstatement. The UDIN provided is 26078057SKEHPU5985.
Consolidated Financials: The same auditor issued a separate limited review report on the unaudited consolidated quarterly financial results. The consolidated statement includes the results of the Parent Company (SMT Engineering Limited) and its subsidiaries: Sai Machine Tools Private Limited (Wholly Owned Subsidiary) and Chemerix Life Science Private Limited (Wholly Owned Step-down Subsidiary). The report includes the same conclusion of no material misstatement.
Basis of Preparation
The financial results are prepared in accordance with Indian Accounting Standards (Ind AS) notified under the Companies Act, 2013. The format is modified from the SEBI-prescribed format (CIR/CFD/CMD/15/2015 dated November 30, 2015) to comply with the requirements of the SEBI circular dated July 5, 2016, Ind AS, and Schedule III (Division II) to the Companies Act, 2013.
Financial Impact
The specific financial impact of the BSE fine is not quantified in the disclosure. The financial results for the current period are not populated in the provided data, preventing any analysis of profitability, revenue, or other key metrics for Q1 FY27.