Annual General Meeting scheduled to be held on Friday, 25th September 2026.
Awaiting price reaction for this filing.
South Asian Enterprises Ltd reported FY2026 total income of ₹71.60 lakhs, up from ₹67.90 lakhs in the prior year. The company posted a net loss of ₹15.30 lakhs, significantly improving from the massive ₹333.53 lakh loss in FY2025 (which included large exceptional items). The auditors gave an unmodified opinion with no adverse comments. The 37th AGM is scheduled for September 25, 2026 (record date September 18, 2026). The Board approved the appointment of Tej Bhan Gupta as Managing Director and Anupam Mehrotra as Whole Time Director, both for 3-year terms starting late September 2026. The company also appointed new Internal and Secretarial Auditors for FY2026-27.
The sharp improvement in net loss from ₹333.53 lakhs to ₹15.30 lakhs is a positive signal, though the company remains loss-making with negative EPS of ₹0.38. Shareholders should note the upcoming AGM and leadership appointments. The trading and entertainment segments continue to incur losses.