Abhishek Corporation Ltd

Board actions

• Board approves Q1 FY2026-27 standalone unaudited results for quarter ended 30 June 2026.
• Appointed Mr. Prathamesh M. Gaikwad as Additional Director (Non-Executive Independent) from Aug 14, 2026.
• Appointment subject to regularization and approval at ensuing Annual General Meeting.
• Board meeting duration 2:00 PM to 3:30 PM.
• Company operates in single textile segment per Ind AS 108.
• Limited Review Report indicates no material misstatement; audit not conducted.

Meeting Details

• Board meeting scheduled for 14 August 2026 at 2:00 PM, at the registered office.

Key Agenda Items

• Consider and approve unaudited financial results for quarter and year ended 30 June 2026, with Limited Review Report.

Other Notes

• Trading window closed from July 01, 2026 to August 16, 2026 inclusive.

Governance updates

• Integrated Governance Report under SEBI LODR for quarter ending 30 June 2026.
• Board composition shows a regular Chairperson who is related to the MD/CEO.
• Executive Director and Chairperson/CEO-MD: Dhruv Narendra Jain.
• Independent directors: Mandar Deepak Jadhav, Veerendra Mohanrao Mane, Tausif Gaus Solapure.
• Audit Committee chaired by Dhruv Narendra Jain; Nomination & Remuneration chaired by Mandar Deepak Jadhav.
• Stakeholders Relationship Committee chaired by Veerendra Mohanrao Mane; Risk Management chaired by Tausif Gaus Solapure.
• Board meetings held four times: 13-Feb-2026, 10-Apr-2026, 29-May-2026, 18-Jun-2026.
• Annexure I compliance: Parts A–D applicable; Part E no ongoing tax disputes.
• Cyber security: No incidents reported in the quarter.
• No material changes to governance structure or strategy reported.

Overview

• Purpose: Statement of Deviation/Variation in utilisation of funds raised.
• Mode of fund raising: NA.
• Date of raising funds: NA.
• Amount raised: NA.
• Monitoring agency: NA.
• Deviation in use of funds: NA.
• If deviation exists: NA.
• Audit Committee comments: NA.
• Auditors comments: NA.
• Original vs modified objects: NA.
• Status of fund utilisation: NA.

Dematerialisation status

• Securities received for dematerialisation were confirmed processed and listed on exchanges.
• Certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository's name was substituted as registered owner in the records within prescribed timelines.

Financial results

• Approved audited standalone results for quarter and year ended 31 March 2026.
• Approved standalone statement of assets and liabilities and cash flow statement as at 31 March 2026.
• Reported net loss of ₹2,175.19 lakh for FY26 and ₹8.43 lakh for Q4 FY26.

Auditor remarks

• Statutory auditor issued an unmodified opinion on the audited standalone results.
• Auditor highlighted cash losses of ₹84.31 lakh during FY26.
• Auditor noted disputed statutory dues of ₹147.13 lakh pending before authorities.

Board meeting

• Board approved the results on 29 May 2026.
• Meeting commenced at 2:00 p.m. and concluded at 4:30 p.m.

Meeting Details

• Board meeting scheduled for Friday, 29 May 2026, at 2:00 p.m.
• Meeting to be held at the company's registered office in Kolhapur.

Key Agenda Items

• Consider, approve, and take on record audited financial results for quarter and year ended 31 March 2026.
• Review the independent auditors' report accompanying the audited results.

Other Notes

• Trading window closed from 1 April 2026 to 31 May 2026, both days inclusive.