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11 Aug 20261 filing
Financial results approved
- Unaudited standalone and consolidated results for quarter ended June 30, 2026 approved.
- Auditors Deloitte Haskins & Sells LLP issued an unmodified opinion.
- Extract of consolidated results to be published in English and Telugu newspapers.
- Detailed standalone and consolidated results will be available on company and stock exchange websites.
Q1 FY27 results highlights
- Total Income Rs 121.4 Cr; PAT Rs 1.2 Cr; PBT Rs 1.5 Cr.
- Revenue growth of 39% in Q1 FY27.
Director retirement / reappointment
- Ms. Nitasha Thapar to retire by rotation; eligible for reappointment.
Board meeting details
- Board met August 11, 2026; proceedings from 10:45 am to 4:30 pm.
10 Jul 20261 filing
Dematerialisation status
- Dematerialisation requests processed; certificates accepted/rejected and listed on the relevant exchange.
- Certificates for dematerialisation mutilated and cancelled after verification.
- Depository name substituted as registered owner in the register of members within the time limit.
2 Jul 20261 filing
Meeting Details
- 6 Jul 2026, Mumbai; General Discussion with organiser QRC Investment Advisors LLP; MD, CEO and CFO will attend.
1 Jul 20261 filing
Meeting Details
- Date and venue: 6 July 2026, Mumbai (Old Bridge AMC).
- Meeting type and mode: general discussion, in-person group meeting.
- Organizer: ICICI AMC.
- Company participants: MD, CEO, CFO to attend.
- Purpose: general investor interaction.
12 Feb 20263 filings
Change in Designation of Mr. Ramakanth V. Akula
- Mr. Ramakanth V. Akula changes from Whole-Time Director & CEO to Managing Director effective April 1, 2026
- Change due to planned leadership realignment for governance and scalability
- Mr. Akula has led the company since August 1, 2014
- As MD, he will focus on strategic direction and long-term oversight
- No disclosed relationships with other directors
Appointment of Mr. Chola Varma Alluri as CEO
- Mr. Chola Varma Alluri appointed CEO effective April 1, 2026
- Appointment aims to strengthen operational leadership and execution
- Previously Chief Operating Officer with significant industry experience
- Will manage day-to-day operations and drive operational excellence
- No disclosed relationships with other directors
Financial Performance Q3 & 9M FY26
- Q3 FY26 total income: Rs. 102.1 Crs; 9M FY26 total income: Rs. 272.2 Crs
- Q3 FY26 loss before tax: Rs. 3.6 Crs; 9M FY26 loss before tax: Rs. 15.2 Crs
- Q3 FY26 loss after tax: Rs. 2.6 Crs; 9M FY26 loss after tax: Rs. 11.3 Crs
- Consolidated losses narrowed YoY due to operational efficiencies and stronger export contribution
Business Performance
- Processed shrimp export business scaled up with improved plant utilization and customer engagement
- Feed business volumes remain below historical levels due to disease, weather, and trade uncertainties
- Farming activity showed gradual stabilization towards quarter-end
- Company maintains disciplined cash-and-carry approach prioritizing balance sheet and working capital
Trade and Market Developments
- Interim India-US trade understanding moderated reciprocal tariffs, improving export visibility
- Company aligns export strategy to capitalize on US market and diversify across China, EU, Japan
Leadership Realignment
- Mr. Ramakanth V. Akula to become Managing Director from April 1, 2026, focusing on strategy and growth
- Mr. Chola Varma Alluri promoted to CEO from April 1, 2026, responsible for daily operations and execution
- Realignment aims to enhance governance, executive bandwidth, and operational agility
Auditor's Review
- Deloitte issued unmodified opinion on unaudited standalone and consolidated Q3 FY26 financial results
- Review conducted per Indian Accounting Standard 34 and SEBI Listing Regulations
CEO Commentary
- Export operations showed steady progress with improved plant utilization and market engagement
- Organizational restructuring enhanced accountability, cost efficiency, and operational stability
- Positive India-US trade developments improve export visibility amid cautious optimism
- Feed business recovery gradual; company prepared for near-term volatility and industry recovery
Business Model
- Integrated aquaculture company with shrimp hatchery, feed, farm-care, processing, and exports
- Operations located in Nellore, Andhra Pradesh, serving global seafood markets
- Promoted by Karam Chand Thapar Group with over three decades in aquaculture
Financial Results Approval
- Board approved unaudited standalone and consolidated results for quarter ended December 31, 2025
- Statutory auditors issued unmodified opinion on these financial results
Leadership Changes
- Mr. Ramakanth V. Akula appointed Managing Director effective April 1, 2026
- Mr. Chola Varma Alluri appointed Chief Executive Officer effective April 1, 2026
- Leadership realignment aims to enhance governance and operational execution
Q3 & 9M FY26 Financial Highlights
- Q3 FY26 total income Rs. 102.1 Cr, loss before tax Rs. 3.6 Cr, loss after tax Rs. 2.6 Cr
- 9M FY26 total income Rs. 272.2 Cr, loss before tax Rs. 15.2 Cr, loss after tax Rs. 11.3 Cr
- Losses narrowed year-on-year due to improved operational efficiencies and export growth
Business and Market Update
- Processed shrimp exports scaled up with improved plant utilization and customer engagement
- Feed business impacted by disease outbreaks and weather but showing signs of stabilization
- Company maintains disciplined cash-and-carry approach prioritizing balance sheet strength
- Improved India-US trade relations expected to enhance seafood export competitiveness
6 Feb 20261 filing
🗓️ Meeting Details
- Board meeting scheduled for February 12, 2026.
📊 Financial Results
- Approval of unaudited standalone and consolidated financial results for quarter ended December 31, 2025.