Outcome of Board Meeting held today i.e. Wednesday, 27th May, 2026 and Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Darjeeling Industries Ltd approved audited financial results for Q4 and FY2026 ended March 31, 2026. The company reported a significant turnaround with net profit of Rs 169.87 lakhs compared to a loss of Rs 26.69 lakhs in FY2025. Total income stood at Rs 511.37 lakhs. The board also appointed M/s. Jitendra Parmar & Associates as Secretarial Auditor for FY2025-26. Regarding the preferential issue of convertible warrants (48,12,010 shares at Rs 16.80 each), the company received Rs 606.31 lakhs and deployed Rs 453.43 lakhs for working capital and Rs 151.58 lakhs for general corporate purposes with no deviation reported. The auditor gave an unmodified (clean) opinion.
The company has demonstrated strong operational improvement returning to profit after a loss-making FY2025. The significant increase in total assets (from Rs 1,228 to Rs 2,200 lakhs) and successful capital raise through warrant conversion signals growth, though investors should note large trade receivables of Rs 433.18 lakhs and a newly acquired subsidiary (NOVVA Defence) that has not yet commenced operations.