The Outcome of Board Meeting is enclosed.
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Awaiting price reaction for this filing.
Sawaca Enterprises' board, at its August 13, 2025 meeting, approved unaudited standalone financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations came in at Rs. 846.86 lakhs, nearly half of Rs. 1,704.85 lakhs in Q1 FY25, while profit after tax was a modest Rs. 4.37 lakhs (vs Rs. 27.31 lakhs YoY), with EPS of Rs. 0.0008. The previous fiscal year (FY25) had closed with a loss of Rs. 173.75 lakhs on total income of Rs. 8,378.93 lakhs. The board also approved appointing M/s Shah Sanghvi & Associates as the new statutory auditor for a five-year term (31st to 36th AGM), replacing M/s M A A K & Associates whose term ended under the mandatory rotation rule of the Companies Act, 2013.
Routine quarterly filing — shareholders should note the sharp year-on-year revenue drop and the auditor change due to mandatory rotation. No major governance red flags; the new auditor appointment still needs shareholder approval at the upcoming AGM.