Pursuant to Regulation 30 & 47 of the SEBI (LODR) Regulations, 2015, submitting herewith Newspaper advertisement published in Navbharat Times (Hindi Daily) and The Economic Times (English Daily) on May 30, 2026 in respect of the Extracts of Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026.
Pursuant to Regulation 32 of the SEBI (LODR) Regulation, 2015, statement of deviation and variation for the quarter ended March 31, 2026 is enclosed.
Annual Secretarial Compliance Report under Regulation 24A of the SEBI (LODR) Regulations, 2015 for the Financial year ended March, 2026.
Appointment of Dr. Anil Rishiraj (DIN: 02853310) as an Additional Director (Category: Non-Executive, Non-Independent Director)of the Company.
Outcome Of The Board Meeting Held On May 29, 2026 Regarding Approval Of Audited Annual Financial Results For The Quarter And Financial Year Ended March 31, 2026
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, submission of Newspaper Advertisement published in the Economic Times (English Daily) and Navbharat Times (Hindi Daily) on May 21, 2026 in respect of the Notice of Board Meeting of the Company scheduled to be held on May 29, 2026.
the Audited Financial Results (Standalone and Consolidated) for the financial year ended March 31, 2026, Standalone and Consolidated Annual Financial Statements and Auditors' Report thereon, Board's Report (including Management Discussion and Analysis Report), Business Responsibility and Sustainability Report, Report on Corporate Governance, Recommendation of dividend (if any) for the financial year ended March 31, 2026 and the 94th Annual General Meeting of the shareholders of the Company.
Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015 regarding resignation of Nominee Director
Submission of certificate pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026
Allotment of 44,56,67,369 Compulsorily Convertible Preference Shares (CCPS) of face value of Rs.1/- each at par on preferential basis on conversion of loan in accordance with the Framework Agreement executed on March 26, 2026.
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,353.77 | 1,129.83 | 1,730.45 | 1,862.51 | 1,379.52 | 1,153.10 | 1,465.95 | 1,545.78 | 1,242.10 | 1,153.11 | 1,368.20 | 1,656.76 |
| YOY Revenue Growth % | -11.16% | -14.42% | 21.62% | -8.5% | 1.9% | 2.06% | -15.29% | -17.01% | -9.96% | 0% | -6.67% | 7.18% |
| Other Income | 2.80 | 3.88 | 2.73 | 3.40 | 4.20 | 2.71 | 1.90 | 6.23 | 2.89 | 5.49 | 2.67 | 9.83 |
| Total Income | 1,356.57 | 1,133.71 | 1,733.18 | 1,865.91 | 1,383.72 | 1,155.81 | 1,467.85 | 1,552.01 | 1,244.99 | 1,158.60 | 1,370.87 | 1,666.59 |
| Total Expenses + | 1,421.51 | 1,273.56 | 1,713.80 | 1,776.40 | 1,428.89 | 1,228.39 | 1,567.19 | 1,330.54 | 1,322.00 | 1,258.19 | 1,355.81 | 1,353.22 |
| Cost of Materials Consumed | 221.61 | 5.95 | 2,057.61 | 2,669.44 | 76.07 | 2.24 | 1,940.60 | 2,342.12 | 101.62 | 1.73 | 1,984.27 | 2,050.47 |
| Employee Benefit Expense | 87.45 | 89.20 | 102.25 | 122.95 | 83.39 | 87.11 | 106.20 | 127.00 | 88.01 | 87.52 | 113.50 | 95.37 |
| Other Expenses | 96.43 | 89.32 | 136.90 | 230.34 | 86.07 | 42.57 | 144.59 | 183.87 | 80.49 | 58.04 | 128.46 | 37.86 |
| Operating Profit | -67.74 | -143.73 | 16.65 | 86.11 | -49.37 | -75.29 | -101.24 | 215.24 | -79.90 | -105.08 | 12.39 | 303.54 |
| OPM % | -5% | -12.7% | 1% | 4.6% | -3.6% | -6.5% | -6.9% | 13.9% | -6.4% | -9.1% | 0.9% | 18.3% |
| Profit Before Tax + | -64.94 | -139.85 | 19.38 | 89.51 | -45.17 | -72.58 | -99.34 | 221.47 | -77.01 | -99.59 | 15.06 | 299.51 |
| Tax Expense | 0.00 | 0.00 | 0.00 | -4.37 | 0.00 | 0.00 | 0.00 | 0.00 | 91.56 | 0.00 | 0.00 | -91.55 |
| Tax % | - | - | 0% | -4.9% | - | - | - | 0% | - | - | 0% | -30.6% |
| Profit After Tax | -64.94 | -139.85 | 19.38 | 93.88 | -45.17 | -72.58 | -99.34 | 221.47 | -168.57 | -99.59 | 15.06 | 391.06 |
| EPS (Basic) | -0.52 | -1.13 | 0.16 | 0.75 | -0.36 | -0.58 | -0.80 | 1.78 | -1.35 | -0.79 | 0.12 | 2.30 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 5,420.17 | 5,544.35 | 6,076.56 | 6,302.32 | 5,569.09 | 6,671.67 | 6,665.60 |
| YOY Revenue Growth % | -2.24% | -8.76% | -3.58% | 13.17% | -16.53% | 0.09% | - |
| Other Income | 20.88 | 15.04 | 12.81 | 17.02 | 21.13 | 16.53 | 11.01 |
| Total Income | 5,441.05 | 5,559.39 | 6,089.37 | 6,319.34 | 5,590.22 | 6,688.20 | 6,676.61 |
| Total Expenses + | 5,289.22 | 5,555.01 | 6,185.27 | 6,470.68 | 5,812.58 | 6,970.88 | 6,146.84 |
| Cost of Materials Consumed | 4,138.09 | 4,361.03 | 4,954.61 | 5,074.48 | 4,609.93 | 5,297.32 | 5,363.34 |
| Employee Benefit Expense | 384.40 | 403.70 | 401.85 | 378.70 | 342.31 | 327.99 | 299.11 |
| Other Expenses | 304.85 | 457.10 | 552.99 | 489.70 | 601.83 | 674.01 | 484.39 |
| Operating Profit | 130.95 | -10.66 | -108.71 | -168.36 | -243.49 | -299.21 | 518.76 |
| OPM % | 2.4% | -0.2% | -1.8% | -2.7% | -4.4% | -4.5% | 7.8% |
| Profit Before Exceptional | 151.83 | 4.38 | -95.90 | -151.34 | -222.36 | -282.68 | -47.02 |
| Exceptional Items | -13.86 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -60.71 |
| Profit Before Tax + | 137.97 | 4.38 | -95.90 | -151.34 | -222.36 | -282.68 | -107.73 |
| Tax Expense | 0.01 | 0.00 | -4.37 | -3.60 | -4.11 | -3.08 | -2.36 |
| Tax % | 0% | 0% | - | - | - | - | - |
| Profit After Tax | 137.96 | 4.38 | -91.53 | -147.74 | -218.25 | -279.60 | -105.37 |
| EPS (Basic) | 1.01 | 0.04 | -0.74 | -1.19 | -1.82 | -2.54 | -0.96 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Non-Current Assets + | 8,949.37 | 9,943.21 | 10,178.16 | 10,382.35 | 7,051.49 | 7,174.98 | 0.00 |
| Property, Plant & Equipment | 6,004.39 | 6,188.91 | 6,390.57 | 6,599.62 | 6,803.49 | 6,992.04 | 0.00 |
| Capital Work in Progress | 36.84 | 8.61 | 4.00 | 1.05 | 4.29 | 25.17 | 0.00 |
| Non-Current Investments | 2,780.37 | 3,627.97 | 3,685.25 | 3,613.06 | 92.34 | 140.24 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 0.09 | 0.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Assets + | 4,971.59 | 5,159.25 | 5,232.05 | 5,095.79 | 6,558.76 | 6,504.09 | 0.00 |
| Inventories | 2,422.42 | 2,677.22 | 2,715.56 | 2,607.71 | 2,745.56 | 2,541.34 | 0.00 |
| Trade Receivables | 91.43 | 105.05 | 151.77 | 138.10 | 213.87 | 218.73 | 0.00 |
| Cash and Cash Equivalents | 84.23 | 65.34 | 48.15 | 21.31 | 47.33 | 63.00 | 0.00 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 770.13 | 770.13 | 0.00 |
| LIABILITIES & EQUITY | |||||||
| Total Equity | 3,816.16 | 4,360.87 | 4,492.98 | 4,498.73 | 2,877.39 | 2,940.91 | 0.00 |
| Equity Share Capital | 3,048.09 | 124.45 | 124.45 | 124.45 | 124.45 | 110.07 | 0.00 |
| Other Equity | 768.07 | 4,236.42 | 4,368.53 | 4,374.28 | 2,752.94 | 2,830.84 | 0.00 |
| Non-Current Liabilities | 4,126.67 | 4,601.61 | 4,533.10 | 4,864.45 | 4,863.41 | 5,510.52 | 0.00 |
| Current Liabilities | 6,038.69 | 6,139.98 | 6,384.13 | 6,114.96 | 5,869.45 | 5,227.64 | 0.00 |
| Total Liabilities | 10,166.33 | 10,741.59 | 10,917.23 | 10,979.41 | 10,732.86 | 10,738.16 | 0.00 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | 245.54 | 303.47 | 659.74 | 814.23 | 634.58 | 358.95 | 0.00 |
| Cash from Investing Activities | 554.20 | -2.73 | -0.63 | -5.08 | -3.16 | -1.24 | 0.00 |
| Cash from Financing Activities | -780.85 | -283.55 | -632.27 | -835.17 | -647.09 | -395.40 | 0.00 |
| Net Increase/Decrease in Cash | 18.89 | 17.19 | 26.84 | -26.02 | -15.67 | -37.69 | 0.00 |