Board approves Q1 FY27 results and plans name change with new business direction
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 1.2 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Board approved Q1 FY27 unaudited results with unmodified auditor opinion. Total income Rs 6.00 lakhs flat YoY, PAT Rs 1.31 lakhs vs Rs 1.27 lakhs, EPS Rs 0.018. Company has zero revenue from operations. Board also approved altering main objects clause and considering a name change as it plans new business activities different from rubber industry. AGM on 10 Sept 2026.
Company shifting business direction with name change; Q1 results flat with zero operating revenue, signaling restructuring phase for shareholders