Polytex India Ltd (512481)

Polytex India reported zero revenue from operations and zero other income for the quarter ended June 30, 2026, continuing its trend of zero top-line. Total expenses came in at Rs 3.38 Lakhs, consisting of employee costs of Rs 0.57 Lakhs and administrative expenses of Rs 2.81 Lakhs. As a result, the standalone net loss stood at Rs 3.38 Lakhs (EPS of Rs -0.03), compared to a loss of Rs 3.90 Lakhs in Q1 FY26 and Rs 2.73 Lakhs in Q4 FY26. The Board also announced its 40th AGM for September 30, 2026.

• Revenue from operations and total income remained at Rs 0.00 Lakhs for Q1 FY27.
• Standalone net loss stood at Rs 3.38 Lakhs vs a loss of Rs 3.90 Lakhs in Q1 FY26.
• Total expenses were Rs 3.38 Lakhs, comprising Rs 0.57 Lakhs in employee expenses and Rs 2.81 Lakhs in other expenses.
• The 40th Annual General Meeting is scheduled for September 30, 2026, with an e-voting cut-off date of September 23, 2026.

Polytex India's Board has approved the re-appointment of three Non-Executive & Independent Directors—Mrs. Heena Gurmukhdas Kukreja, Mrs. Deepa Kunal Bhambhani, and Mr. Kapil Purohit. The re-appointments are for a second consecutive 5-year term effective from August 13, 2027 to August 12, 2032. The extensions are subject to shareholder approval at the company's ensuing Annual General Meeting.

• Re-appointment of 3 Independent Directors for a 5-year term from August 13, 2027 to August 12, 2032
• Mrs. Heena Gurmukhdas Kukreja re-appointed; possesses over 14 years of Chartered Accountancy experience
• Mrs. Deepa Kunal Bhambhani and Mr. Kapil Purohit (CS with 5+ years experience) re-appointed to the Board
• All appointments are subject to the approval of shareholders in the upcoming AGM

Polytex India Ltd has announced the resignation of Mr. Abhijeet Prasad from the position of Company Secretary and Compliance Officer, effective August 10, 2026. The resignation was cited for personal reasons and has been accepted by the management. This administrative change occurs in a micro-cap company with a market capitalization of only ‡6 Cr and zero reported revenue for FY26. The company is now required to appoint a replacement to maintain regulatory compliance.

• Resignation of Company Secretary and Compliance Officer effective from close of business hours on August 10, 2026
• Mr. Abhijeet Prasad (Membership No. A68344) resigned citing personal reasons
• Company reported ‡0 Cr revenue and a net loss of ‡0.15 Cr for FY26
• Market capitalization remains extremely low at approximately ‡6 Cr

Polytex India Ltd has scheduled a board meeting for August 14, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company is a micro-cap NBFC with a market capitalization of only ‑6 Cr and has reported zero revenue for the last four consecutive quarters. The trading window for insiders has been closed since July 1, 2026, and will reopen 48 hours after the results are announced.

• Board meeting scheduled for August 14, 2026, at 04:00 P.M. to approve Q1 results.
• Trading window closed from July 1, 2026, until 48 hours after the result declaration.
• Company reported zero revenue (Rs 0.00 Cr) for the entire FY26 period.
• Net loss for the most recent quarter (Mar 2026) stood at Rs -0.03 Cr.
• Promoter holding remains stagnant at 36.36% as of March 2026.