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Awaiting price reaction for this filing.
Swagtam Trading & Services' board met on 8th August 2025 and approved the unaudited results for Q1 FY26 (quarter ended 30 June 2025). Revenue from operations was nil, with total income of Rs. 6.59 lakhs coming entirely from other income, up from Rs. 5.96 lakhs in Q1 FY25. The company swung to a small profit of Rs. 0.15 lakhs from a loss of Rs. 2.00 lakhs in the year-ago quarter, with EPS of Rs. 0.01. The board also approved audited FY25 accounts (which showed a full-year loss of Rs. 5.30 lakhs) and the 40th AGM to be held on 8 September 2025 via video conference. Key items on the AGM agenda include a proposal to change the company's name and alter the MOA, re-appointment of statutory auditor M/s G.K. Kedia & Co., and a special resolution authorising loans/guarantees/investments beyond prescribed limits under Section 186. The auditor's limited review report is clean and unqualified.
Core trading operations remain inactive with zero sales, and profitability depends entirely on other income, so the headline turn to profit is marginal. The proposed name change and AGM approvals are routine governance items, unlikely to move the stock materially on their own.