Mrugesh Trading Ltd

Financial results – quarter ended 30-Jun-2026

• Total income for quarter ended 30-06-2026: Rs 70.93 lakh.
• Revenue from operations: Rs 43.38 lakh; other income: Rs 27.55 lakh.
• Total expenses: Rs 62.26 lakh; profit before tax: Rs 8.66 lakh.
• Profit for the period: Rs 8.66 lakh; EPS: 0.00.

Independent auditor's review – qualifications

• Auditor issued a qualified conclusion on the interim results.
• Unpaid TDS on professional fees; prior-year TDS pending.
• Inventory held at third-party locations without storage agreements or custody controls.
• Bill-to-ship-to arrangements lack supporting delivery documents.
• Trade advances of Rs 125.00 Lacs without contractual records; recoverability unclear.
• Loans/advances: Rs nil vs Rs 238.96 Lacs; absence of loan agreements.

Fund-raising utilization and deviation

• Funds raised Rs 72 crore via convertible warrants (May 24, 2024).
• No material deviation in fund use; Rs 32.5 crore parked in fixed deposits.
• Original object Rs 90 crore; revised object Rs 72 crore; funds utilised Rs 39.5 crore.

Financial results approved

• Standalone unaudited results for quarter ended 30 June 2026 approved.

Fundraising and deviations

• Deviations/variations for proceeds of convertible warrants approved for quarter ended 30 June 2026.
• Funds raised via preferential issue: Rs 72 crore on 24 May 2024.
• No deviation reported in use of funds; Rs 32.50 crore invested in fixed deposits during quarter.
• Deposits temporarily parked pending utilisation for stated objects.

Auditor remarks

• Independent Auditor's Review Report provides a qualified conclusion on interim results.
• Key basis: unpaid TDS and lack of adequate evidence for statutory dues.

Meeting rescheduled

• Originally scheduled for 11 August 2026 at 4:00 PM.
• Rescheduled to 14 August 2026 at 4:00 PM.
• Unaudited financial results for the quarter ended 30 June 2026 with Limited Review Report.
• Any other matter to be discussed with permission of the Chairperson.

Dematerialisation status

• Dematerialisation requests for quarter ended 30 June 2026 were processed and listed on exchanges.
• Security certificates received for dematerialisation were mutilated, cancelled, and depository named registered owner updated within prescribed timelines.
• Securities dematerialised have been listed on the exchanges where earlier issued securities are listed.

Mrugesh Trading Limited - Trading Window closed from Wednesday, 1st July, 2026 till 48 hours after the declaration and publication of Unaudited Financial Results for Quarter ended on 30th June, 2026.