Varvee Global Ltd

Financial results

• Unaudited standalone results for quarter ended 30 June 2026 approved.
• Limited Review Report by Pankaj R Shah & Associates attached.

KMP appointment

• Pooja Hemang Khakhi appointed Company Secretary and Compliance Officer; designated as KMP and Nodal Officer.
• Effective from 12 August 2026.
• Jaimin Gupta remains Managing Director.

Dematerialisation status

• Securities received for dematerialisation were confirmed and listed on the exchanges.
• Certificates for dematerialisation were mutilated and cancelled after verification; depository's name substituted as registered owner within prescribed timelines.

Subsidiary incorporation

• Varvee Energy Private Limited was incorporated on 07 July 2026 in India.
• It becomes a wholly-owned subsidiary of Varvee Global Limited with 100% ownership.
• Initial paid-up capital is Rs 10,00,000, subscribed in cash.
• Equity shares are Rs 10 face value; total 1,00,000 shares issued.
• Industry: renewable energy; business includes generation, transmission, distribution, trading, and storage.
• Related-party status under applicable regulations; subsidiary will be a related party to the parent.
• No further government approvals required beyond ROC Certificate of Incorporation.

Order win

• Varvee Global received a ₹120.8 million purchase order for suiting fabrics.
• The order covers nearly 9 lakh meters and will be executed over three months.
• Management said the order strengthens the order book and revenue visibility.

Financials

• For FY26, standalone revenue was ₹628 million.
• FY26 EBITDA was ₹53.66 million.
• FY26 net profit was ₹124.49 million.

Business focus

• The order supports expansion in non-denim, higher-value textile categories.
• The company highlighted growing presence in suiting and shirting fabrics.

Governance

• Jaimin Kailash Gupta is Chairman and Managing Director.