Please find the outcome of Board meeting in the attached PDF.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved the unaudited standalone financial results for Q2 and H1 FY26 (quarter ended Sept 30, 2025). Revenue from operations fell sharply to about ₹408 lakhs in Q2 FY26 versus ₹938.69 lakhs in Q2 FY25, roughly a 56% YoY decline; H1 FY26 revenue dropped to ₹1,346.78 lakhs from ₹3,200.60 lakhs. Profit after tax stood at ₹10.27 lakhs in Q2 (vs ₹19.64 lakhs) and ₹26.85 lakhs in H1 (vs ₹67.87 lakhs), remaining positive but lower. Statutory auditor Shah Karia & Associates issued a clean (unmodified) limited review report. The board also approved increasing authorised share capital from ₹15.04 crore to ₹20.04 crore, a proposal to raise funds (structure to be finalised at the Nov 17 board meeting), change of company name to Guru Krupa Gems and Jewellery Limited, and the appointments of Mr. Manoharbhai B. Chunara as Independent Director and Mr. Dhaval Deepak Shah as Executive Director.
Sharply lower revenue and profits signal weak short-term business performance, which may weigh on the stock, though profitability stays positive. The name change and proposed fund-raising could reshape the company's identity and capital base pending shareholder approval.