Modella Woollens Ltd

AGM Details

• AGM date/time: 30 September 2026, 5:00 PM.
• Mode: Physical meeting with at-venue ballots and remote e-voting (27–29 Sept).
• Venue: Bhangwadi Shopping Complex, 2nd Floor, Kalbadevi Road, Mumbai.
• Auditors' Report had no adverse remarks; report not read.

Ordinary Resolutions

• Adopt audited financial statements for year ended 31 March 2026.
• Re-appoint director retiring by rotation: Sandeep P. Shah.

Voting & Results

• Voting results and Scrutinizer's report to be informed to BSE and posted on website.

Modella Woollens Ltd: Closure of Trading Window

Financial highlights

• Revenue from operations was nil for FY2026.
• Other income 688.12 thousand; total income 688.12 thousand.
• Total expenses amounted to 2,682.17 thousand.
• Profit after tax declined to a loss of 1,995.30 thousand.

Dividend and earnings

• Dividend has not been recommended.
• Earnings per share Basic/Diluted -2.18 Rs.

Balance sheet snapshot

• Total assets stood at 496.05 thousand.
• Net worth is negative at 5,328.18 thousand.
• Cash and cash equivalents amount to 50.14 thousand.

Cash flows

• Net cash from operating activities: -1,555.47 thousand.
• Net cash from investing activities: -155.81 thousand.
• Net decrease in cash and cash equivalents: -1,711.28 thousand.

Governance and financial controls

• Board comprises four directors; no MD.
• KMP as of 31-03-2026: CEO Devang J Parekh; CFO Chaitali V Shah; CS replaced.
• Secretarial audit: no adverse remarks.
• Auditors Kochar & Associates; five-year tenure from 2023 AGM.

Related parties and material transactions

• Demat charges paid to SPS Stock Brokers Pvt Ltd: 0.50 thousand.
• No other material related-party transactions with directors or KMP.

Operational and regulatory notes

• No subsidiary; consolidated statements not prepared.
• Going concern: Audit notes material uncertainty, management expects support.

Shareholding and equity

• Share capital: 9,100 thousand; 910,000 equity shares.
• Promoters: Sunder Suvidha LLP hold 45.83%; LIC holds 16.87%.

Q1 FY27 standalone results

• Total income from operations for Q1 FY27 was Rs 1.95 lakh.
• Net profit after tax for the quarter was Rs -3.98 lakh.
• Basic and diluted EPS were Rs -0.44 for the quarter.
• Equity share capital stood at Rs 91.00 lakh as of 30 June 2026.
• Board approved the results on 04 Aug 2026.
• Limited Review Report by Kochar & Associates issued with unmodified opinion.

Dematerialisation status

• Dematerialisation requests processed and confirmed to depositories; securities listed on exchanges.
• Physical certificates received for dematerialisation mutilated and cancelled after verification; depository's name substituted as registered owner within timelines.

Financial Performance 📊

• Q3 FY26 standalone revenue rose to ₹2.62 lakh from ₹0.18 lakh in Q2 FY26.
• Nine months FY26 revenue declined to ₹5.60 lakh from ₹6.67 lakh in FY25.
• Q3 FY26 loss before tax improved to ₹3.97 lakh from ₹8.55 lakh loss in Q2 FY26.
• Nine months FY26 loss before tax was ₹15.52 lakh versus ₹17.31 lakh loss in FY25.
• Q3 FY26 loss after tax was ₹3.97 lakh, improved from ₹8.55 lakh loss in Q2 FY26.
• Nine months FY26 loss after tax stood at ₹15.51 lakh versus ₹17.22 lakh loss in FY25.

Expenses & Capital 🧾

• Total expenses in Q3 FY26 were ₹5.59 lakh, down from ₹8.74 lakh in Q2 FY26.
• Employee benefits expense was ₹1.75 lakh and other expenditure ₹1.81 lakh in Q3 FY26.
• Paid-up equity share capital remained ₹91 lakh with face value ₹10 per share.

Earnings Per Share 📊

• Basic and diluted EPS for Q3 FY26 was negative ₹0.44 per share, improved from negative ₹0.94 in Q2 FY26.
• Nine months FY26 EPS was negative ₹1.70 per share versus negative ₹1.89 in FY25.

Corporate & Compliance 🗓️

• Board approved and released results on 4th February 2026.
• Statutory auditors issued a limited review report with unmodified opinion on Q3 and nine months FY26 results.

Business Model 🏢

• Modella Woollens Limited operates in textile manufacturing, reporting standalone financials.

🗓️ Meeting Details

• Board meeting scheduled for 4th February 2026.

📊 Financial Performance

• Consider and approve unaudited financial results for quarter and nine months ended 31st December 2025.