Jattashankar Industries Ltd

Fund-raising and deviation status

• Mode of fund raising: preferential issue of convertible warrants.
• Total proceeds raised disclosed with no deviation reported.
• Deviation in use of funds: none; objects unchanged.
• Audit Committee reviewed; comments from auditors: NIL.
• Monitoring agency: Not Applicable.
• Original vs modified objects: no material deviations.
• Utilisation status: partly utilised with some unutilised funds.

Financials

• Net sales from operations (quarter ended 30 Jun 2026): ₹3,578.30 lakh (Unaudited).
• Net profit after tax: ₹91.83 lakh for the quarter.
• Basic EPS: ₹2.09; Diluted EPS: ₹2.09 per share.
• Board approved unaudited results on 13 Aug 2026.
• Limited Review conducted by K.K. Jhunjhunwala & Co.

Capital raise & use of funds

• Convertible warrants raised: ₹23,14,41,985 across five Jun 2026 tranches.
• Warrants allotted: 1,305,000; 1,305,000; 1,425,000; 1,600,000; 758,695.
• Second tranche consideration received: ₹4,54,02,000.
• Total funds raised as of 30 Jun 2026: ₹23,14,41,985.
• No deviation in use of funds; objects: working capital and general corporate purposes.
• Board approval date: 13 Aug 2026; postal ballot approval: 11 Jun 2026.
• Warrant pricing: ₹92 per warrant; subscription ₹23; exercise ₹69.

Dematerialisation status

• Dematerialisation requests for the reporting period were processed and confirmed to the depositories.
• Securities dematerialised have been listed on the stock exchanges where the prior securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled; the depository’s name substituted as registered owner within timelines.

Convertible Warrants Allotment

• 7,58,695 convertible warrants allotted to non-promoters at Rs 92 each.
• Warrants exercisable within 18 months; 75% of issue price payable on exercise.
• Conversion into equity on payment of 75% at exercise.
• Post-conversion paid-up capital to Rs 12,47,57,950; total shares 1,24,75,795.
• Warrants rank pari passu with existing equity shares.
• Total upfront 25% consideration for allottees: Rs 1,74,49,985.
• Allottees are non-promoters; annexure I lists names and contributions.
• Warrants allotted on five dates: 20 Jun, 23 Jun, 24 Jun, 26 Jun, 30 Jun.
• Total warrants issued across five dates: 13,05,000; 30,00,000; 14,25,000; 16,00,000; 7,58,695.

Jattashankar Industries Limited: Trading window closed from 01 July 2026 till 48 hours after declaration of financial results for the quarter ended June 30, 2026

FY26 audited results

• 📊 Standalone audited results approved for quarter and year ended 31 March 2026.
• 📊 Statutory auditors issued an unmodified opinion on the audited financial results.
• 📊 Company operates in one segment: trading of agricultural commodities.

Profit and loss

• 📊 Profit before tax was ₹123.45 lakh in FY26 versus loss of ₹116.11 lakh in FY25.
• 📊 Cash flow statement shows profit before taxation of ₹123.45 lakh.
• 📊 Other income was ₹68.26 lakh in FY26.
• 📊 Depreciation expense was ₹0.13 lakh in FY26.

Balance sheet

• 📊 Total assets were ₹2,052.90 lakh at 31 March 2026.
• 📊 Shareholders’ funds rose to ₹1,946.60 lakh from ₹1,844.10 lakh.
• 📊 Reserves and surplus increased to ₹1,507.89 lakh from ₹1,405.39 lakh.
• 📊 Trade receivables were ₹1,138.06 lakh and inventories were ₹113.67 lakh.
• 📊 Cash and cash equivalents were ₹9.41 lakh at year-end.
• 📊 Short-term borrowings were ₹3.14 lakh and trade payables were ₹80.96 lakh.

Cash flow

• 📊 Operating cash flow was negative ₹2,015.29 lakh in FY26.
• 📊 Working capital absorbed cash through receivables, inventory, and other current assets.
• 📊 Investing cash flow was positive ₹2,020.27 lakh, driven by mutual fund redemption.
• 📊 Closing cash and cash equivalents increased to ₹9.41 lakh from ₹1.29 lakh.

Board actions

• 📍 Board approved audited financial statements and results on 29 May 2026.
• 📍 M/s Babubhai Patel & Associates was appointed internal auditor for FY2026-27.
• 📍 Board approved the secretarial audit report for year ended 31 March 2026.

Audit opinion

• 📊 Independent auditors stated the results give a true and fair view.
• 📊 The audit report covered standalone annual financial results, assets, liabilities, and cash flow.

Business model

• 📍 The company is engaged in trading agricultural commodities.
• 📍 Results are standalone for the quarter and year ended 31 March 2026.