Som Distilleries & Breweries Limited has informed the Exchange regarding Appointment of M/s N.K. Jain & Associates as Other of the company w.e.f. August 11, 2025.
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Som Distilleries & Breweries announced outcomes of its board meeting held on August 11, 2025. The Board approved unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025), with standalone profit after tax rising sharply to Rs. 3,782.82 lakhs from Rs. 2,402.26 lakhs in the same quarter last year, and total income of Rs. 41,765.88 lakhs. On a consolidated basis, profit after tax was Rs. 4,206.15 lakhs versus Rs. 4,054.97 lakhs a year ago. The Board also appointed M/s N.K. Jain & Associates, Practicing Company Secretaries, as Secretarial Auditor for a five-year term from FY 2025-26. Whole-time Director Mr. Nakul Kam Sethi, who retires by rotation, was re-appointed, subject to shareholder approval. Separately, the company confirmed no deviation in the use of Rs. 22.40 crores raised through a preferential equity issue in April 2025, with funds fully allocated to working capital (Rs. 9 cr), operational expenditure (Rs. 7.9 cr), and general corporate purposes (Rs. 5.5 cr).
Strong year-on-year standalone earnings growth in Q1 FY26 is a positive signal for shareholders, while the new secretarial auditor appointment and routine director re-appointment are governance housekeeping items with no material impact on the stock.