Jagjanani Textiles Ltd

Jagjanani Textiles Limited – Trading Window closed from 01 October 2026 until 48 hours after the Unaudited Financial Results for the 2nd Quarter and half year ended 30 September 2026.

Financial snapshot

• Revenue from operations: 0.00 Lacs; total revenue: 1.28 Lacs.
• EBITDA: -31.81 Lacs.
• PAT: -32.06 Lacs.
• EPS (basic and diluted): -0.21 Rs.
• Cash at year-end: Rs 1.16 Lacs.
• Equity share capital: Rs 1.56 crore (1560 Lacs).
• Total equity: Rs -37.83 Lacs.
• Current ratio: 0.02 as at 31-Mar-2026.
• Net debt: Rs 60.68 Lacs.
• Trade payables: Rs 60.96 Lacs.
• Dividend per share: Nil.
• Financing cash flow: Rs -0.22 Lacs.

Revenue & profitability trends

• Revenue declined YoY from Rs 9.65 Lacs to Rs 1.28 Lacs.
• PAT worsened from Rs -13.65 Lacs to Rs -32.06 Lacs.
• EBITDA declined from Rs -14.37 Lacs to Rs -31.81 Lacs.
• EPS declined from Rs -0.09 to Rs -0.21.
• Total expenses rose to Rs 33.09 Lacs from Rs 24.02 Lacs.

Balance sheet & liquidity

• Total assets: Rs 24.00 Lacs.
• Total equity: Rs -37.83 Lacs.
• Trade payables: Rs 60.96 Lacs.
• No long-term borrowings.
• Net debt: Rs 60.68 Lacs.

Cash flows & capital structure

• Cash flow from operating activities: Rs 0.89 Lacs.
• Financing cash flow: Rs -0.22 Lacs.
• Net increase in cash: Rs 0.67 Lacs.
• Cash balance at year-end: Rs 1.16 Lacs.

Governance & audit

• Statutory auditors: M/s Rajeshkumar P Shah & Co; term till 2028.
• Secretarial auditor: UTKARSH SHAH & CO; SDD not implemented.
• Board: five directors; Independent: Ila Trivedi and Sonu Gupta.
• CS Shweta Tolwani resigned 30-01-2026; Rukaiya Shakir appointed 01-04-2026.
• Independent director meeting held on 13-02-2026.

Strategic developments & risks

• Open offer during the year to generate revenue.
• Registered office proposed to shift from Rajasthan to Gujarat.
• MD&A discusses macro context; textiles sector dynamics.
• Risks include competition, currency, raw material costs, and policy changes.

Shareholder information & capital status

• Share capital: Rs 1.56 crore; 15.60 million shares; one class.
• Promoters hold 19.86%; public 80.14%.
• Dematerialization: 98.99% of shares.
• Stock exchange: BSE, code 532825; Registrar MUFG Intime.

AGM & Voting

• Notice states 29th AGM on 30 Sept 2026 via VC/OAVM.
• Cut-off date for remote voting: 23 Sept 2026.
• Remote voting window: 26–29 Sept 2026, 9:00–17:00 IST.
• Voting via CDSL; Scrutinizer is Utkarsh Shah.
• Notice accessible on company website and BSE portal.
• Ordinary resolution to adopt standalone 2025-26 financials and re-appoint MD.
• Special resolution to shift registered office to Gujarat.
• AGM notice and annual report sent electronically to members.

Financial snapshot FY2025-26

• Total revenue 1.28 Lacs; revenue from operations 0.
• EBITDA loss 31.81 Lacs.
• Profit after tax loss 32.06 Lacs.
• EPS (basic) negative 0.21 Rs.
• Cash flow from operations 0.89 Lacs.
• Cash & cash equivalents end-year 1.16 Lacs.
• Net debt 60.68 Lacs; gearing 22.84%.
• Dividend: not declared.

Governance & Board

• Shiv Kumar Singhal resigned as WTD on 23 Jul 2026.
• Shweta Tolwani resigned as CS on 30 Jan 2026; Shakir appointed 01 Apr 2026.
• Board size: five directors; six meetings in FY2025-26.
• Independent Director meeting held on 13 Feb 2026.
• Audit Committee comprises three directors; four meetings held.
• Secretarial audit flagged non-implementation of System Driven Disclosures.
• Company complied with governance requirements; no material investor grievances.

Capital & Liquidity

• No long-term borrowings; working capital funded internally.
• Trade payables total 60.96 Lacs; cash 1.16 Lacs.
• Current ratio 0.02; net worth negative.
• MSME dues status; some trade payables to others.
• Total equity negative; negative net worth reported.

Audit & Compliance

• Statutory auditor: Rajeshkumar P Shah & Co; no qualifications.
• Secretarial auditor: Utkarsh Shah & Co; certain disclosures pending (SDD).
• IFC adequate; internal controls functioning.
• No fraud reported; internal control observations reviewed by Audit Committee.

Related Parties & Subsidiaries

• Company has no subsidiary.
• Related party transactions include director remuneration; payments by directors.
• Avanishkumar Patel paid 25.60 Lacs on behalf of the company.
• Tolwani and CFO remuneration disclosed; other RPTs disclosed in notes.

Strategic & Market Context

• Revenue generation ongoing via open offer; potential for strategic change.
• Textile sector facing competition and input costs; no exports noted.
• ESG: Business Responsibility Report not applicable.

Board change

• Appointment of Hemang H Joshi as Additional Director (Executive Director) effective 18 Aug 2026, subject to shareholders' approval.
• Profile: Diploma in Electronics & Telecommunication Engineering; ~23 years in strategy, general management, marketing.

Board action & results

• Board approved unaudited standalone results for the quarter ended 30 June 2026.
• Limited Review Report from Rajeshkumar P Shah & Co taken on record.
• Profit for the quarter: (2.67).
• Total comprehensive income for the quarter: (2.67).
• Paid-up equity share capital: 1,560.00.
• Independent auditor's review issued; no audit opinion expressed.
• Review performed under Ind AS 34 and SRE 2410.

Meeting Details

• Date: 12 August 2026; time and venue not disclosed.

Key Agenda Items

• Unaudited standalone financial results for Q1 ended 30 June 2026, with auditor's report.
• Approval of the above results and taking on record the Statutory Auditors' report.
• Any other business with the permission of the Chair.

Other Notes

• No other material notes disclosed in this filing.

Jagjanani Textiles Ltd – Trading Window closed from 01 July 2026 till expiry of 48 hours after the declaration of Unaudited Financial Results for the 1st Quarter ended 30 June 2026

🗓️ Meeting Details

• Board meeting scheduled for 13 February 2026.

📊 Financial Performance

• Approval of unaudited standalone financial results for Q3 and nine months ended 31 December 2025.
• Board to take note of limited review report from statutory auditors.