Outcome of the Board Meeting dated 25th May, 2026
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Signature Green Corporation (formerly Sagar Soya Products) reported FY2026 standalone profit after tax of Rs. 19.84 Lakhs, down from Rs. 30.84 Lakhs in FY2025, despite revenue nearly doubling to Rs. 92.51 Lakhs from Rs. 78.45 Lakhs. Q4 FY26 saw a loss of Rs. 16.73 Lakhs due to higher other expenses of Rs. 20.94 Lakhs. The company completed 100% acquisition of Arvind Foods Limited during the quarter, making it a wholly-owned subsidiary, and has approved a draft merger scheme with this subsidiary. The Board appointed M/s Ajit Jain & Co. as internal auditors for FY 2026-2027. Statutory auditors C.P. Jaria & Co. issued an unmodified opinion on the audited results.
The company shows declining profitability year-on-year despite revenue growth, though cash flow from operations remained healthy at Rs. 83 Lakhs. The acquisition of Arvind Foods and pending merger indicate strategic expansion but may require monitoring for integration costs. The unmodified audit opinion provides assurance on financial reporting quality.