JHS Svendgaard Retail Ventures Limited has informed the Exchange regarding Appointment of Dahiya and Associated as Secretarial Auditor and Regularization of Dr. Deepali Bhardwaj as Independent Director, subject to approval of Shareholder of the company w.e.f. August 13, 2025.
RETAIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
JHS Svendgaard Retail Ventures reported weak Q1 FY26 results with standalone revenue from operations at Rs. 327.67 lakhs (down from Rs. 346.52 lakhs YoY) and a marginal net loss of Rs. 0.36 lakhs versus a profit of Rs. 9.69 lakhs in the same quarter last year. On consolidated basis, the company posted a net loss of Rs. 7.34 lakhs, its first consolidated results following the acquisition of a 50.01% stake in PJHS Entertainment Private Limited for Rs. 11.70 lakhs. The board appointed M/s. Dahiya & Associates as Secretarial Auditor for five years (FY26–FY30) and regularized Dr. Deepali Bhardwaj as an Independent Women Director for five years. The Audit Committee was also reconstituted after Mrs. Sushma Nanda's resignation from the board.
Weak Q1 performance with a return to losses and declining margins may concern short-term investors, though the new subsidiary and capital raise of Rs. 328.50 lakhs via preferential warrants signal expansion plans. Shareholders should watch execution of the new subsidiary and improvement in operating profitability in coming quarters.