ZUARI INDUSTRIES LIMITED has informed the Exchange regarding the Amendment to AOA/MOA of the company.
ZUARIIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Zuari Industries' board, on 12 August 2025, approved unaudited Q1 FY26 results. Standalone revenue from operations came in at Rs. 21,026.66 lakhs (vs Rs. 21,452.15 lakhs in Q1 FY25) with a net loss of Rs. 388.64 lakhs, narrowed from Rs. 1,523.74 lakhs a year ago, after an exceptional impairment of Rs. 448.49 lakhs on furniture subsidiaries IFPL and FFPIL. Consolidated results were nearly breakeven with a net loss of just Rs. 47.68 lakhs, supported by Rs. 3,460.56 lakhs share of profits from associates and joint ventures. The board also approved re-appointing V Sankar Aiyar & Co as statutory auditors (second 5-year term), appointing new secretarial and internal auditors, shifting the registered office from Goa to Haryana with corresponding MOA/AOA changes, and extending Rs. 60 crore inter-corporate deposits to associate Zuari Agro Chemicals by one year. Key contingent matters include a SEBI show-cause notice against associate ZACL (settlement pending) and a Rs. 475.90 lakh UP excise demand under litigation.
Shareholders see a narrowing standalone loss and near-breakeven consolidated result, with sugar and ethanol segments driving profits while real estate and furniture remain in the red. The corporate housekeeping steps (office shift, MOA overhaul, auditor continuity) are procedural, but the SEBI settlement matter and UP excise demand at the associate level remain overhangs to watch. The Rs. 60 crore ICD rollover signals continued financial support to the fertilizer associate, keeping related-party exposure alive.