Please find the attached intimation letter
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Awaiting price reaction for this filing.
The Board, at its meeting on 13 November 2025, approved the unaudited financial results for the quarter and half-year ended 30 September 2025, along with the limited review report by RHAD & Co., which gave a clean (unqualified) review opinion. It also approved related party transactions for H1 FY26, fixed statutory auditor remuneration for FY26, revised the secretarial auditor's fees, and took note of a new MOU and Term Sheet with Shri Vrinda Infracon Private Limited. Total assets rose to ₹27,532 lacs (from ₹25,929 lacs), mainly on a ~58% jump in inventories, while long-term borrowings fell to ₹3,672 lacs (from ₹4,267 lacs). Net cash from operating activities was healthy at ₹712 lacs, with a marginal rise in closing cash balance to ₹165 lacs. Notable related party deals include a ₹679 lacs loan repayment to Seftech Phosphate (closing balance ₹3,309 lacs) and ₹216 lacs of sales to Seftech India, with receivable balance on Seftech India rising from ₹90 lacs to ₹285 lacs.
Routine quarterly compliance with a clean auditor review and continued debt repayment is mildly positive for shareholders, but heavy ongoing related-party transactions and a sharp inventory/payables build-up are worth tracking. The new Vrinda Infracon MOU could be a future growth trigger if it translates into real business.