We wish to inform the Exchange that pursuant to Regulation 30(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, the Meeting ....
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The Board of Swasti Vinayaka Art And Heritage Corporation met on August 14, 2025 and approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025), along with several governance changes. Revenue from operations surged to Rs 996.49 lacs from Rs 519.31 lacs in Q1 FY25, roughly a 92% year-on-year jump, while net profit jumped to Rs 144.97 lacs from Rs 11.47 lacs. The statutory auditor (Sanjay Raja Jain & Co.) issued an unmodified limited review report. The Board also appointed M/s. Sandeep Dar & Co. as Secretarial Auditor for five years and M/s. M.M. Dubey & Co. as Internal Auditor for FY26. Additionally, Mr. Yash Sanjiv Rungta was appointed as an Additional Independent Director, while Mr. Dinesh Poddar (MD) and Mr. Prabhat Poddar (Whole-time Director) were re-appointed for three-year terms starting FY27.
The sharp rise in both revenue and net profit signals a strong operational turnaround for the quarter, which is positive for shareholders. The board and committee reshuffle is largely routine compliance-driven and continuity-oriented, with no governance red flags.