Approval of financial results, appointment of new member in Audit committee, Took note of compliances
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A-1 Limited's Board, meeting on February 10, 2026, approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. For Q3 FY26, standalone revenue from operations stood at ₹6,980.76 lakhs (vs ₹7,433.29 lakhs in Q3 FY25), with profit after tax of ₹96.30 lakhs (vs ₹99.92 lakhs YoY). Nine-month revenue fell to ₹19,764.37 lakhs from ₹22,187.45 lakhs last year, and PAT dropped to ₹163.04 lakhs from ₹280.77 lakhs, showing a clear YoY decline in core trading of acids and chemicals business. The Board also appointed Mr. Nitin Rikhavbhai Shah and Mr. Suresh Somnath Dave as new members of the Audit Committee, which now has 5 members. Additionally, the company increased its stake in EV two-wheeler maker A-1 Sureja Industries from 45% to 51%, making it a subsidiary. A 3:1 bonus issue (record date Dec 31, 2025) and stock split from ₹10 to ₹1 face value (record date Jan 8, 2026) were also noted.
Year-on-year revenue and profit decline may concern shareholders in the core chemicals trading business, but the expansion into EV two-wheelers via subsidiary status in A-1 Sureja Industries signals diversification. The bonus issue and stock split improve retail affordability and liquidity of the stock.