In connection with the board meeting held on today i.e. February 13, 2026, we are filing revised outcome. The revised outcome includes additional information and correction of error that ....
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EMA India Ltd filed a revised Board Meeting outcome approving its unaudited standalone financial results for Q3 and nine months ended December 31, 2025. The company reported zero revenue from operations, with only Rs 11.48 lakhs of other income in Q3, and posted a standalone loss of Rs 12.04 lakhs for the quarter. For the nine-month period, the company swung to a profit of Rs 666.19 lakhs, almost entirely driven by a one-time exceptional gain of Rs 793.27 lakhs from the sale of its land and building at Udyog Nagar, Kanpur for Rs 8 crore (carrying value just Rs 6.73 lakhs). The auditor flagged this sale as an Emphasis of Matter in the limited review report. The Board also appointed two new directors (including the Managing Director's brother as Executive Director), accepted the resignation of an Independent Director, reconstituted key committees, and noted a promoter group's request to be reclassified as public shareholders.
Core operations remain non-existent (no revenue), so the headline profit is almost entirely from a one-time asset sale and is not recurring, which limits any sustained positive stock impact. The promoter re-classification request and family-member director appointment may draw governance scrutiny from shareholders.