Umiya Mobile Ltd

Umiya Mobile Limited: Trading window closed from Oct 01, 2026 till expiry of 48 hours after declaration of Unaudited Financial Results for the Half Year ended Sep 30, 2026

AGM Details

• AGM held via VC/OAVM.
• Date and time: 26 Sep 2026 at 05:00 PM IST.
• Voting eligibility cut-off date: 18 Sep 2026.

Key Resolutions

• Ordinary: adopt Audited financial statements and reports.
• Ordinary: appointment/re-appointment of Whole-Time Director by rotation.
• Ordinary: appointment of Statutory Auditors.

Voting results

• Resolution 1 passed; 100% in favour, no against.
• Resolution 2 passed; 100% in favour, by rotation.
• Resolution 3 passed; 100% in favour; Statutory Auditors appointed.

Director changes

• WTD appointed/re-appointed by rotation.

Auditor appointments

• Statutory Auditors appointed.

AGM details

• AGM held on Sep 26, 2026 at 5:00 PM IST via VC/OAVM.
• Attendance: 12 members present.

Ordinary resolutions

• Adopt Audited Standalone Financial Statements for year ended Mar 31, 2026.
• Re-appoint director Girishkumar Premjibhai Jadvani (retiring by rotation).
• Appoint M/s H.A.Y. & Associates LLP as Statutory Auditors.

Voting status (by resolution)

• Adoption of financial statements: outcome not disclosed.
• Director re-appointment: outcome not disclosed.
• Statutory auditors appointment: outcome not disclosed.

Auditors and governance

• Internal Auditor: D.A. Kamani & Associates engaged for internal audits.

Compliance clarification

• Company confirms ongoing compliance with Regulation 30 and filing all price-sensitive disclosures.
• No pending information or announcements that could impact the price movement of its securities.
• Price movement is market-driven; management has no comment on current price action.
• Signed by Director Kishorbhai Jadwani.

Financials

• Revenue from operations: Rs 8,360.97 crore for FY2025-26.
• Net profit after tax: Rs 91.94 crore.
• Profit before tax: Rs 12.29 crore.
• Basic EPS: Rs 7.09 for FY2026.
• IPO completed; 37.70 lakh shares issued at Rs 66.
• Listing on BSE SME Platform on 04 Aug 2025.
• Paid-up capital rose to Rs 142.20 crore post-IPO; share premium Rs 211.12 million.

Capital structure & liquidity

• Authorized share capital unchanged at Rs 170 crore.
• Long-term borrowings: Nil; no outstanding long-term debt.
• Short-term borrowings from banks: Rs 6.33 crore total.
• Loans from related parties: Rs 0.39 crore from directors.
• Cash and cash equivalents: Rs 3.54 crore.

Store footprint & product mix

• Stores: ~390 outlets across multiple states as of July 2026.
• Gujarat 197, Maharashtra 127, Madhya Pradesh 65, Dadra & Nagar Haveli 1.
• Multi-brand smartphones, accessories, and consumer durables from leading brands.
• Credit/EMI financing via banks and financial institutions.
• After-sales service available at owned stores and outlets.

Governance & controls

• Board: 6 directors; mix of MD, WTD, and independent directors.
• Statutory auditors: M/s Hay & Associates LLP for 5-year term.
• Secretarial audit: MR-3; no qualifications; K.P. Ghelani & Associates.
• CSR Committee formed June 21, 2025; CSR policy on company website.

Debt management & risk

• Bank borrowings are secured by director guarantees and collateral.
• Long-term borrowings: Nil; debt primarily short-term working capital.
• Liquidity supported by cash reserves and IPO proceeds.
• Credit risk managed within policy; internal controls deemed adequate.

Related party transactions

• Related-party rents to directors total Rs 4.041 million.
• Salaries to directors: Rs 6.30 million; CFO Rs 0.84 million; CS Rs 0.30 million.
• Purchases from related parties: Jadwani/HUF entities Rs 12.745 million and Rs 1.428 million.

CSR & outlook

• CSR spend: Rs 0.80 million; average net profit Rs 38.43 million; 2% obligation Rs 0.7686 million.
• CSR project: SHREE SWAMINARAYAN GURU KUL in Rajkot.
• Outlook: turnover target Rs 1,200 crore; plan to reach 500-600 stores.
• Expansion into Chhattisgarh, Mumbai; emphasis on omnichannel and after-sales service.
• Key risks: margin pressure, inventory obsolescence, online competition, supply-chain disruptions.

AGM Details

• 14th AGM on 26 September 2026 at 05:00 PM IST via VC/OAVM.
• Register of Members and Share Transfer Books closed 19 Sep to 25 Sep 2026.
• Voting rights cut-off date: 18 September 2026.
• Notice and Annual Report available on the company website.

Resolutions

• Adopt standalone financial statements for year ended 31 March 2026.
• Reappointment of Girishkumar Premjibhai Jadvani as Whole Time Director by rotation.
• Appointment of M/s HAY & Associates LLP as Statutory Auditors for five years.

Auditors

• Statutory Auditor appointment: M/s HAY & Associates LLP for five-year term.

Director Details

• Director Girishkumar Premjibhai Jadvani reappointed as Whole Time Director; retires by rotation.

Financial results

• Audited standalone financial statements for year ended 31 March 2026 approved along with auditor reports.

Director reappointment

• Girishkumar Jadvani reappointed as Whole Time Director; DIN 06452836; holds 3,032,400 shares.

Internal auditor appointment

• M/s D A Kamani & Associates appointed internal auditor for FY2026-27.

AGM and governance timetable

• AGM scheduled for 26 September 2026 at 5:00 PM IST via VC/OAVM.
• E-voting from 23 to 25 September 2026.
• Cut-off date for e-voting 18 September 2026.
• Register of Members and share transfer books closed 19–25 September 2026.
• Draft Notice of 14th AGM approved.
• Scrutinizer appointed: M/s K.P. Ghelani & Associates.

Meeting Details

• Meeting on September 2, 2026 at the registered office; time not disclosed.

Key Agenda Items

• Approve Audited Standalone Financial Statements for FY ended March 31, 2026.
• Reappointment of director Girishkumar Premjibhai Jadvani.
• Appointment of Internal Auditor.
• Fix AGM date, time and venue.
• Fix cut-off date for voting at AGM.
• Fix book closure date for share transfer and register of members.
• Approve draft Notice convening the AGM.
• Appoint Scrutinizers for e-voting at AGM.

Other Notes

• No trading window closure information provided.

New store openings

• Ahmedabad, Gujarat – Store opened 22/07/2026.
• Bhopal, Madhya Pradesh – Store opened 24/07/2026.
• Jhabua, Madhya Pradesh – Store opened 24/07/2026.
• Chandrapur, Maharashtra – Store opened 22/07/2026.
• Gwalior, Madhya Pradesh – Store opened 20/07/2026.
• Wardha, Maharashtra – Store opened 20/07/2026.