Jai Mata Glass Ltd (523467)

Jai Mata Glass Ltd has submitted its standalone unaudited financial results along with the Limited Review Report for the quarter and half-year ended September 30, 2026. The board meeting concluded at 1:55 PM on October 09, 2026. While the announcement cover letter does not detail the revenue and net profit figures, the company has operated with negligible revenue (TTM revenue near Rs 0 Cr) and consecutive quarterly losses (loss of Rs 0.0625 Cr in June 2026). Full operational tables are made available via exchange attachments and the company website.

• Board meeting concluded at 1.55 P.M on October 09, 2026
• Unaudited standalone financial results submitted for quarter and half year ended September 30, 2026
• Results accompanied by the statutory Limited Review Report
• Company currently holds a micro-cap valuation of Rs 23 Cr with net worth of Rs 2 Cr

Jai Mata Glass held a Board meeting on October 9, 2026, approving the standalone unaudited financial results for the quarter and half-year ended September 30, 2026. The statutory auditors' Limited Review Report was taken on record. Specific revenue and profit figures were not detailed in the cover letter text. The company operates at a minimal scale, with TTM revenue near zero and negative operating profitability.

• Board meeting commenced at 12:30 PM and concluded at 1:55 PM on October 09, 2026
• Standalone unaudited financial results approved for the quarter and half year ended September 30, 2026
• Limited Review Report from Statutory Auditors taken on record
• Results approved pursuant to Regulation 33 of SEBI LODR Regulations

Jai Mata Glass Ltd has scheduled a meeting of its Board of Directors on Tuesday, September 1, 2026. The meeting will primarily consider and approve the notice and Directors' Report for the upcoming 46th Annual General Meeting for FY26. Other routine agenda items include the appointment/re-appointment of statutory and secretarial auditors, appointment of a scrutinizer, and book closure dates. The board will also take up the reappointment of Mr. Inesh Marwah, a director retiring by rotation.

• Board meeting scheduled for September 1, 2026 at 12:30 PM IST
• Approval sought for the 46th Annual General Meeting notice and Directors' Report for FY ended March 31, 2026
• Proposal to appoint/re-appoint Statutory and Secretarial Auditors and fix their remuneration
• Consideration of re-appointment of Director Mr. Inesh Marwah (DIN: 11192771) retiring by rotation

Ashwani Gulati, Kiran Gulati, and M/s Veerasha Trust have issued an offer opening announcement to acquire up to 2,60,00,000 equity shares of Jai Mata Glass Ltd at an offer price of INR 1.85 per share in cash. The tendering period will open on August 21, 2026, and close on September 04, 2026, with consideration settlement targeted by September 21, 2026. The offer price of INR 1.85 represents a substantial discount of ~42% to the current market price of Rs 3.2. The Independent Directors Committee has deemed the offer price fair and compliant with SEBI regulations.

• Open offer for up to 2,60,00,000 equity shares by Ashwani Gulati, Kiran Gulati, and M/s Veerasha Trust
• Offer price fixed at INR 1.85 per equity share payable in cash
• Revised tendering period opens on August 21, 2026, and closes on September 04, 2026
• Payment of consideration to be completed by September 21, 2026

A group of acquirers including Mr. Ashwani Gulati and Veerasha Trust has issued a formal Letter of Offer to acquire up to 2.6 crore shares (26% stake) of Jai Mata Glass Ltd. The offer price is set at ₹1.85 per share, which represents a significant discount to the current market price of ₹3.4. The tendering period is scheduled to open on August 21, 2026, and close on September 04, 2026. This mandatory offer follows a Share Purchase Agreement dated July 13, 2026, signaling a potential change in control of the company.

• Acquisition of up to 2,60,00,000 equity shares representing 26.00% of the paid-up capital
• Offer price of ₹1.85 per share is approximately 45% lower than the current market price of ₹3.4
• Total potential outlay for the open offer is ₹4.81 crore, which is ~240% of the company's current net worth of ₹2 crore
• Tendering period starts August 21, 2026, and ends September 04, 2026
• The offer is not subject to any minimum level of acceptance

Jai Mata Glass has announced its 46th Annual General Meeting (AGM) will be held on September 29, 2026, in Himachal Pradesh. While the date and venue were finalized, the board deferred the approval of the AGM Notice, Directors' Report, and the appointment of a Secretarial Auditor to a future meeting. This administrative update comes as the company reports near-zero operations, with TTM revenue at ₹0 Cr and a small net worth of ₹2 Cr. The stock remains a micro-cap with a market capitalization of ₹26 Cr.

• 46th Annual General Meeting scheduled for September 29, 2026, at 12:00 p.m.
• Board meeting lasted 3 hours and 40 minutes, concluding at 4:10 p.m.
• Approval of Directors' Report and Secretarial Auditor appointment deferred to a subsequent meeting.
• Company reported TTM revenue of ₹0 Cr and FY26 revenue of only ₹0.11 Cr.
• Net worth stands at a minimal ₹2 Cr against a market cap of ₹26 Cr.

Jai Mata Glass Ltd has scheduled a board meeting on August 13, 2026, to finalize the notice and agenda for its 46th Annual General Meeting (AGM). The board will also approve the Directors' Report for the financial year ended March 31, 2026, and discuss the appointment or re-appointment of Secretarial Auditors. This is a routine administrative procedure for the company, which reported a very low revenue of Rs 0.11 Cr for FY26. Investors should note the company's current financial position with a net worth of only Rs 2 Cr and negative operating margins.

• Board meeting scheduled for August 13, 2026, at 12:30 PM IST
• Agenda includes approval of the 46th Annual General Meeting (AGM) notice
• Directors' Report for the financial year ended March 31, 2026, to be considered
• Appointment or re-appointment of Secretarial Auditors and their remuneration to be fixed
• Company reported FY26 revenue of only Rs 0.11 Cr against a market cap of Rs 23 Cr

Jai Mata Glass has scheduled a board meeting for July 30, 2026, to approve standalone un-audited financial results for the quarter ended June 30, 2026. The company is a micro-cap with a market capitalization of Rs 19 Cr and has reported near-zero revenue in recent quarters (TTM revenue effectively Rs 0 Cr). The trading window for insiders remains closed until August 01, 2026. Given the negative ROCE of -10.3% and minimal operations, the upcoming results are crucial to see if any business activity has resumed.

• Board meeting scheduled for July 30, 2026, to approve Q1 FY27 results.
• Trading window for designated persons closed until August 01, 2026.
• Company reported Rs 0.0 Cr revenue in the most recent quarter (March 2026).
• Market capitalization is small at Rs 19 Cr with a net worth of only Rs 2 Cr.
• TTM EPS stands at Rs -0.03 reflecting ongoing losses.