As required under Regulation 30 of the SEBI(LODR) Regulations, 2026, we have to inform you that the meeting of the Board of Directors of the Company commenced at 4:00 P.M. and concluded at 5:00 P.M..
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Stanrose Mafatlal Investments reported FY2026 audited results showing significant losses. Standalone net loss widened to Rs.311.49 lakh (vs Rs.223.94 lakh in FY2025). Total assets declined from Rs.4185 lakh to Rs.3077 lakh. The Board declared no dividend for the year citing losses and the need to conserve funds. Auditors Manubhai & Shah LLP issued an unmodified (clean) opinion. The company renewed a related party lease agreement with Shanudeep Private Limited for 3 years. The Board also approved altering its Memorandum to add garment/textile trading as a new business line, subject to shareholder approval. Internal auditors R B T & Associates were reappointed.
The company is loss-making and has suspended dividends to conserve capital. The clean audit opinion provides some comfort, but the significant increase in losses and declining asset base are concerning for existing shareholders. The diversification into textiles represents a strategic shift.