The board of directors have decided the date of AGM & E-voting Schedule.
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Kush Industries' board approved the unaudited financial results for Q1 FY26 (quarter ended 30 June 2025), reporting a net loss of Rs 2.34 lakh versus a loss of Rs 1.39 lakh in the same quarter last year. Revenue from operations stayed flat at just Rs 0.24 lakh, with total expenses of Rs 3.58 lakh driving the loss. The 33rd Annual General Meeting is fixed for 30 September 2025 at 3:00 PM via video conferencing, with remote e-voting open from 27-29 September 2025 (cut-off date 23 September 2025). The board also approved the appointment of M/s. P S S P & Co. as the new Statutory Auditor for 5 years (FY 2025-26 to 2029-30), replacing M/s. V H Gundarwala & Co. upon completion of their term, and M/s. Nishant Pandya & Associates as the new Secretarial Auditor for the same 5-year period. The limited review report from the outgoing auditor is clean, with no qualifications.
Shareholders should note that the company continues to post losses with negligible operating revenue and negative reserves (Rs -2209.41 lakh against paid-up capital of Rs 1484.68 lakh), suggesting persistent financial weakness. The auditor rotation is a routine governance event, but investors may want to scrutinise the AGM agenda for any revival plans given the company's ongoing losses.