1. In compliance with Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Board of Directors at their meeting held ....
Awaiting price reaction for this filing.
The Board of Viaan Industries (now renamed Redmax Footwears Limited) met on February 13, 2026, and approved the unaudited standalone financial results for the third quarter and nine months ended December 31, 2025. The statutory auditor, Ashwani & Associates, issued an unmodified (clean) limited review opinion on the results. The Board also appointed Mr. Ghanshyam Shukla as Chief Financial Officer cum Executive Director with effect from February 13, 2026, based on recommendations of the Nomination and Remuneration Committee and Audit Committee. The company reiterated that its name has been changed from Viaan Industries Limited to Redmax Footwears Limited via MCA letter dated May 5, 2025, and the stock exchange name change is still in process. The auditor flagged an 'Other Matter' noting that trading of the company's equity shares on BSE is temporarily restricted/suspended due to procedural reasons, though this does not modify the audit opinion. The company confirmed that Regulation 32 (funds raised) is not applicable as no public/rights/preferential issue was undertaken.
Short-term neutral to mildly positive — a clean (unmodified) auditor opinion removes a key risk overhang, and a new CFO appointment signals governance continuity. However, the BSE trading suspension remains an unresolved concern that continues to restrict liquidity for shareholders. Detailed financial numbers are not clearly legible from the filing image, limiting deeper performance assessment.