Vaswani Industries Ltd

Standalone results

• Board approved unaudited standalone results for quarter ended 30-Jun-2026; limited review completed.
• Revenue from operations: ₹61.65 Lakhs; Other income: ₹11,840.48 Lakhs.
• Total income from operations and other income combined: ₹11,902.13 Lakhs.
• Profit before tax: ₹453.68 Lakhs; Tax expense: ₹337.20 Lakhs.
• Profit after tax: ₹116.48 Lakhs; EPS Basic: ₹0.35.
• Iron & Steel net sales: ₹10,997.38 Lakhs; Power net sales: ₹843.10 Lakhs.
• Iron & Steel segment profit: ₹809.85 Lakhs; Power segment profit: ₹260.32 Lakhs.
• Total assets: ₹53,585.10 Lakhs; Equity/Capital Employed: ₹17,519.32 Lakhs.
• Results reviewed by Audit Committee; limited review by auditors.

Board meeting rescheduled

• Board meeting adjourned due to want of quorum and rescheduled to August 14, 2026.
• Original date of the board meeting was August 13, 2026.
• Agenda remains to approve the unaudited standalone financial results for the quarter ended June 30, 2026.
• Trading window shall remain closed for 48 hours after declaration of the financial results.
• Earlier intimation incorrectly mentioned February 14, 2026 as the adjourned date; corrected to August 14, 2026.
• All other contents of the earlier intimation remain unchanged.

Rescheduled board meeting

• Reason: adjourned due to want of quorum.
• New date: February 14, 2026.
• Original date scheduled: August 13, 2026.
• Agenda: to consider and approve unaudited standalone results for quarter ended June 30, 2026.
• Trading window remains closed until 48 hours after results declaration.

Resolution 1: Preferential equity issue

• Issuance of equity shares to promoter group via private placement; special resolution.
• Approved; total votes polled 18,925,346; in favour 18,922,915; against 2,431.
• Promoter interest: No; related party with promoter group; terms not disclosed.

Resolution 2: Independent director re-appointment

• Re-appointment of Mr. Peswani as Independent Director for five-year term; Special Resolution.
• Passed; total votes polled 18,925,346; in favour 18,923,898; against 1,448.

Financial results

• Approved audited standalone results for quarter and year ended 31 March 2026.
• Auditors issued an unmodified opinion on the standalone results and statements.
• Standalone profit after tax was Rs 424.35 lakh for FY26, versus Rs 860.43 lakh last year.

Statements approved

• Approved audited standalone balance sheet, cash flow statement, and segment-wise results for FY26.

Preferential issue

• Approved issue of up to 16,45,000 equity shares on preferential basis.
• Issue size is Rs 9.87 crore at Rs 60 per share.
• Proposed allottees are promoter and promoter-group members.

Audit and compliance

• Auditors highlighted MSME disclosure compilation is still in progress.
• No material adverse auditor remark or qualification was reported.