Pratiksha Chemicals Ltd

Auditor resignation

• Resignation of Chandabhoy & Jassoobhoy, Chartered Accountants, statutory auditors, dated 14 Aug 2026; term till 2029-30 AGM.

Promoter reclassification

• Applied for reclassification of promoter group to public under SEBI LODR Reg 31A.
• Application submitted to BSE on 04 August 2026 for approval.
• Kantilal Patel holds 174,010 shares, 3.12% of equity.
• Mukesh Chinubhai Shah holds 19 shares (0%).
• Other listed promoters have no disclosed holdings.
• Pending BSE decision; status of reclassification not confirmed.
• MD Sumit Harjibhai Gol authorised to sign the intimation.

Meeting Details

• Board meeting on 30 July 2026 at the registered office, 26/Office, Newyork Trade Centre, Ahmedabad.

Key Agenda Items

• Fundraising through equity/convertible securities via multiple methods.
• Increase in Authorized Share Capital and related Memorandum amendment.
• Postal ballot via e-voting to obtain member approval for the increase.
• Any other matter with chair's permission.

Other Notes

• Trading window closed from 27 July 2026 until 48 hours after board meeting.
• Company renamed to Vellora Impact Limited from Pratiksha Chemicals Limited.

Meeting Details

• Issuer: Pratiksha Chemicals Ltd; Board Meeting filing received.
• Date, time, and location not disclosed in filing.

Dematerialisation status

• Dematerialisation requests were processed and confirmed to depositories.
• Securities dematerialised were listed on stock exchanges where the original securities are listed.
• Physical certificates for dematerialisation were mutilated and cancelled after due verification; depository name substituted as registered owner.
• Substitution and cancellation completed within prescribed timelines.

Appointment

• Ms. Palak Jain, ICSI member ACS-76264, appointed Company Secretary and Compliance Officer, effective 30 June 2026.
• Profile: qualified CS, ICSI Associate Member, experienced in governance, compliance, regulatory affairs.

Resignation

• Mr. Ankit Gupta resigned as Company Secretary and Compliance Officer, effective 1 June 2026.
• Reason: personal reasons; discussions to retain him were unsuccessful.
• Relieved from duties at close of working hours on 1 June 2026.

Financial Performance 📊

• Revenue from operations for Q3 FY26 was Rs 16.03 lakhs, down from Rs 167.91 lakhs YoY.
• Total income for Q3 FY26 stood at Rs 72.67 lakhs, compared to Rs 168.88 lakhs in Q3 FY25.
• Total expenses for Q3 FY26 were Rs 33.37 lakhs, down from Rs 72.11 lakhs in Q3 FY25.
• Profit before tax for Q3 FY26 was Rs 9.68 lakhs versus Rs 56.26 lakhs in Q3 FY25.
• Profit after tax for Q3 FY26 was Rs 9.27 lakhs, down from Rs 55.26 lakhs in Q3 FY25.
• Basic and diluted EPS for Q3 FY26 were Rs 0.17, compared to Rs 5.97 in Q3 FY25.

Audit & Exceptional Items

• Auditor issued a qualified opinion due to non-compliance with Ind AS on gratuity and leave encashment accounting.
• Exceptional items include an impairment provision related to a significant asset sale approved post-balance sheet date.
• Extraordinary items impacted profit, reflecting expected diminution in asset carrying value.

Corporate Actions & Reporting

• Board approved unaudited Q3 FY26 results and limited review report on 5 February 2026.
• Company has one reportable segment; no separate segment disclosures provided.