Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Swagtam Trading & Services Ltd's board approved unaudited Q1 FY26 results (quarter ended 30 June 2025) and audited FY25 accounts, and recommended them for shareholder approval at the 40th AGM on 8 September 2025. Q1 FY26 revenue from operations stood at nil (Rs 0) versus Rs 109.58 lakh in the year-ago quarter, with the only income coming from other sources of Rs 6.59 lakh. The company posted a marginal profit after tax of Rs 0.15 lakh, compared with a loss of Rs 2 lakh in Q1 FY25, while total expenses fell sharply to Rs 6.44 lakh. The board also approved a proposal to change the company's name, a special resolution authorising loans/investments beyond Section 186 limits, and re-appointed G.K. Kedia & Co. as statutory auditors. The auditor's limited review report is clean, with no qualifications or emphasis of matter.
Core sales revenue has dried up entirely in Q1 FY26, though the company avoided a loss thanks to other income. The name change and Section 186 special resolution hint at a possible pivot or expansion plan, which shareholders should watch at the AGM on 8 September 2025.