Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanyMinaxi Textiles Ltd 2CIN NO.L17119GJ1995PLC025007 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 12.20 4Highest Credit Rating during the previous FY NA 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Priyanka Patel Designation: Company Secretary EmailId: minaxitx@yahoo.com Name of the Chief Financial Officer: Ms Ghanchi Benjir Asgarali Designation: CFO EmailId: minaxitextilesltd@gmail.com Date: 28/05/2026 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
The Meeting of Board of Directors of the Company was held on 08th May, 2026, at registered office of the company to consider and take on record the audited financial result for the year ended March 2026. We attach herewith the copy of financial result newspaper cutting evidencing the publication in western times.
The meeting of the Board of Directors of the Company was held today i.e. on 08th day of May, 2026 at 02:30 p.m. to consider Audited Financial Result for the quarter ended March 2026 in due compliance of Regulation 33 of SEBI(LODR) Regulations 2015. Kindly take note of the same.
The Meeting of the Board of Directors of the Company was held today i.e. on 08th day of May, 2026, at the Registered Office of the Company, which was commenced at 02.30 P.M. and concluded at 04:30 P.M., inter alia, to consider and take on record the Audited Financial Results of the Company for the quarter/year ended 31st March 2026 in due compliance of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kindly take this on your record.
Our company will held the Board Meeting for taking on record Audited Financial Result for the March 2026 on Friday, 08th May, 2026 at the Registered office of the Company. As earlier information has been given on 27th March, 2026 regarding Closure of trading window shall continue to remain closed with effect from 01st April, 2026 till 48hrs after announcement of Audited Financial Result of the company for the quarter and year ended 31st March, 2026 i.e. upto 10th May, 2026. Kindly take note of the same.
Intimation to your good office is hereby given, that the meeting of the Board of Directors of the Company Minaxi Textiles Limited will be held on Friday, 08th day of May, 2026 at 02:30 P.M. at the Registered Office of the Company Plot No.3311, GIDC, Phase-IV, Chhatral, Taluka Kalol, Chhatral - 382729 inter – alia, to take note of and approve the Audited Standalone Financial Results of the Company for the year ended on 31st March, 2026. Kindly take note of the same.
We submit herewith the confirmation certificate received from M/s. Link Intime India Private Limited , Registrar and share Transfer Agent (RTA) as per regulations 74(5) of the SEBI (DP) Regulations, 2018 for the quarter and year ended 31st March, 2026. Kindly take note of the same.
We would like to inform that as per Code of Conduct for Prevention of Insider Trading adopted by the Company under SEBI (PIT) Regulations, 2015 as amended the Company shall remain closed with effect from 01st April, 2026 for all the Directors, designated persons and their immediate relative(s). the trading window will be opened 48hrs after the announcement of the Audited Financial Results of the Company for the quarter and year ended 31at March, 2026. Kindly take note of the same.
The Meeting of the Board of Directors of the Company was held on 10th Feb, 2026 to consider and take on record, the Unaudited Financial Results of the Company for the quarter ended on 31st December, 2025 prepared in due compliance of Regulations 33 of SEBI (LODR) Regulations, 2015. Kindly take note of the same.
Please find attached herewith Unaudited Financial Results of the Company for the quarter ended on 31st December, 2025 in due compliance of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kindly take note of the same.
| 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 | 9.65 | 8.26 | 7.56 | 8.81 | 8.97 | 7.81 | 5.92 | 6.19 | 5.37 | 7.04 | 4.51 | 6.21 |
| YOY Revenue Growth % | -4.07% | 32.16% | 25.32% | 28.42% | -7.11% | -5.48% | -21.68% | -29.8% | -40.11% | -9.81% | -23.87% | 0.44% |
| Other Income | 0.83 | -0.01 | 0.00 | 0.02 | 0.01 | 0.55 | 0.00 | 0.01 | 3.03 | 0.01 | 0.00 | 0.02 |
| Total Income | 10.48 | 8.26 | 7.56 | 8.83 | 8.98 | 8.36 | 5.92 | 6.19 | 8.40 | 7.05 | 4.51 | 6.23 |
| Total Expenses + | 9.65 | 8.49 | 9.91 | 10.92 | 10.17 | 8.22 | 6.52 | 5.24 | 5.95 | 7.24 | 4.83 | 5.72 |
| Cost of Materials Consumed | 7.42 | 7.82 | 6.87 | 8.46 | 9.37 | 6.71 | 3.95 | 4.76 | 5.05 | 5.51 | 3.24 | 4.57 |
| Employee Benefit Expense | 0.28 | 0.30 | 0.27 | 0.29 | 0.26 | 0.25 | 0.21 | 0.27 | 0.24 | 0.23 | 0.22 | 0.26 |
| Other Expenses | 0.79 | 0.93 | 0.77 | 0.85 | 0.84 | 0.68 | 0.67 | 0.54 | 0.62 | 0.77 | 0.49 | 0.56 |
| Operating Profit | 0.00 | -0.23 | -2.35 | -2.10 | -1.20 | -0.41 | -0.59 | 0.94 | -0.58 | -0.20 | -0.33 | 0.49 |
| OPM % | 0% | -2.8% | -31.1% | -23.9% | -13.4% | -5.2% | -10% | 15.2% | -10.8% | -2.8% | -7.2% | 8% |
| Profit Before Tax + | 0.83 | -0.23 | -2.35 | -2.09 | -1.19 | 0.14 | -0.59 | 0.95 | 2.45 | -0.19 | -0.33 | 0.51 |
| Tax Expense | 0.20 | 0.10 | -0.59 | -0.44 | -0.23 | -0.02 | -0.15 | 0.24 | 0.62 | -0.03 | -0.07 | 0.14 |
| Tax % | 24.6% | - | - | - | - | -15.2% | - | 25.3% | 25.2% | - | - | 27.4% |
| Profit After Tax | 0.63 | -0.33 | -1.76 | -1.65 | -0.96 | 0.16 | -0.45 | 0.71 | 1.83 | -0.17 | -0.25 | 0.37 |
| EPS (Basic) | 0.13 | -0.07 | -0.36 | -0.33 | -0.19 | 0.03 | -0.09 | 0.14 | 0.37 | -0.03 | -0.05 | 0.08 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 23.14 | 28.88 | 34.29 | 29.21 | 31.11 | 14.80 |
| YOY Revenue Growth % | -19.9% | -15.76% | 17.39% | -6.09% | 110.25% | - |
| Other Income | 3.06 | 0.57 | 0.84 | 0.04 | 0.08 | 0.06 |
| Total Income | 26.19 | 29.46 | 35.13 | 29.26 | 31.18 | 14.85 |
| Total Expenses + | 23.75 | 30.15 | 38.97 | 37.56 | 33.25 | 16.78 |
| Cost of Materials Consumed | 18.36 | 24.79 | 30.57 | 23.78 | 19.83 | 12.63 |
| Employee Benefit Expense | 0.95 | 0.99 | 1.15 | 1.01 | 0.81 | 0.58 |
| Other Expenses | 2.44 | 2.73 | 3.35 | 3.10 | 2.50 | 1.57 |
| Operating Profit | -0.61 | -1.26 | -4.68 | -8.35 | -2.14 | -1.99 |
| OPM % | -2.6% | -4.4% | -13.7% | -28.6% | -6.9% | -13.4% |
| Profit Before Exceptional | 2.45 | -0.69 | -3.84 | -8.30 | -2.06 | -1.93 |
| Exceptional Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | 2.45 | -0.69 | -3.84 | -8.30 | -2.06 | -1.93 |
| Tax Expense | 0.66 | -0.16 | -0.73 | -2.09 | -0.47 | -0.32 |
| Tax % | 26.9% | - | - | - | - | - |
| Profit After Tax | 1.79 | -0.53 | -3.11 | -6.21 | -1.59 | -1.60 |
| EPS (Basic) | 0.36 | -0.11 | -0.63 | -1.26 | -0.32 | -0.32 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Non-Current Assets + | 9.63 | 10.46 | 10.99 | 10.72 | 9.47 | 10.07 |
| Property, Plant & Equipment | 6.35 | 6.88 | 7.59 | 8.17 | 8.78 | 9.50 |
| Capital Work in Progress | 0.29 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Non-Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Assets + | 12.39 | 11.13 | 14.27 | 25.60 | 30.91 | 31.68 |
| Inventories | 7.43 | 8.09 | 9.05 | 9.80 | 16.74 | 23.31 |
| Trade Receivables | 3.42 | 2.14 | 3.83 | 13.66 | 11.99 | 7.16 |
| Cash and Cash Equivalents | 0.00 | 0.04 | 0.02 | 0.03 | 0.16 | 0.03 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | ||||||
| Total Equity | 4.20 | 2.32 | 2.79 | 5.93 | 12.19 | 13.76 |
| Equity Share Capital | 4.94 | 4.94 | 4.94 | 4.94 | 5.56 | 5.56 |
| Other Equity | -0.74 | -2.62 | -2.15 | 0.98 | 6.63 | 8.20 |
| Non-Current Liabilities | 7.13 | 6.72 | 9.07 | 11.91 | 11.73 | 7.14 |
| Current Liabilities | 10.69 | 12.56 | 13.40 | 18.49 | 16.46 | 20.85 |
| Total Liabilities | 17.82 | 19.27 | 22.47 | 30.40 | 28.20 | 27.99 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Cash from Operating Activities | 0.33 | 3.40 | 4.74 | 2.93 | 4.82 | -0.41 |
| Cash from Investing Activities | 2.89 | 0.80 | 0.01 | 0.01 | 0.13 | 0.13 |
| Cash from Financing Activities | -3.25 | -4.18 | -4.76 | -3.07 | -0.25 | 0.30 |
| Net Increase/Decrease in Cash | -0.03 | 0.02 | -0.01 | -0.13 | 4.71 | 0.02 |