Sabrimala Industries India Ltd (540132)

Sabrimala Industries India Ltd's Board approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Alongside the results, Managing Director Varun Mangla resigned from his executive post effective November 10, 2026, citing pre-occupation, but will continue as an ordinary Director. For the half-year, the company recorded operating cash outflows of Rs 146.18 lakhs (or thousand, as presented in statement) vs Rs 90.87 in the prior period, while cash and cash equivalents stood at Rs 21.03.

• MD Varun Mangla resigned from executive position effective November 10, 2026, continuing only as Director
• Net cash flows used in operating activities stood at (146.18) for H1 FY27 compared to (90.87) in H1 FY26
• Cash and cash equivalents ended at 21.03 as of September 30, 2026
• Statutory Auditors Suresh & Associates issued an unmodified Limited Review Report

Sabrimala Industries India Ltd has appointed Mr. Ankit Tiwari as Chief Financial Officer (CFO) and Key Managerial Personnel, effective October 27, 2026. The appointment was approved by the Board based on recommendations from the Audit and Nomination and Remuneration Committees. Mr. Tiwari brings over 5 years of experience in accounting, taxation, and statutory compliance. The company has a micro market cap of Rs 14 Cr with virtually nil operating revenue reported over recent quarters.

• Appointment of Mr. Ankit Tiwari as CFO and KMP effective October 27, 2026
• Appointee holds more than 5 years of professional experience in accounting and taxation
• Board meeting commenced at 04:30 P.M. and concluded at 05:00 P.M. (30 minutes duration)

Sabrimala Industries India Ltd has dispatched letters to shareholders without registered email addresses, providing access links to the FY 2025-26 Annual Report. The company announced its 42nd Annual General Meeting (AGM) will be held via video conferencing on September 15, 2026, at 11:30 AM. The cut-off date for e-voting entitlement is fixed as September 8, 2026, with the remote e-voting window open from September 12 to September 14, 2026.

• 42nd AGM scheduled for Tuesday, September 15, 2026, at 11:30 AM via VC/OAVM
• Cut-off date for remote e-voting set for Tuesday, September 8, 2026
• Remote e-voting starts Saturday, September 12, 2026 (09:00 AM) and ends Monday, September 14, 2026 (05:00 PM)
• Dispatched web-link communication for FY 2025-26 Annual Report to unregistered email holders

Sabrimala Industries India Ltd has scheduled its 42nd Annual General Meeting (AGM) for Tuesday, September 15, 2026, at 11:30 AM IST via video conferencing. Alongside the notice, the company released its Integrated Annual Report for FY 2025-26. Key agenda items include adopting the audited standalone and consolidated financial statements for FY26, regularizing the appointment of Ms. Sangeeta Harpalani as Executive Director & CFO, and appointing Mr. Amit Kapoor as Independent Director for a 5-year term.

• 42nd AGM scheduled to be conducted virtually on September 15, 2026, at 11:30 AM IST
• Proposed regularization of Ms. Sangeeta Harpalani as Executive Director and Chief Financial Officer
• Proposed appointment of Mr. Amit Kapoor as an Independent Director for a 5-year term
• Return on average shareholder equity declined to 4.69% in FY26 from 6.98% in FY25 (-32.75% YoY)

Sabrimala Industries India Ltd, a micro-cap company with a market capitalization of Rs 13 Cr, has announced a significant leadership transition. Mr. Varun Mangla has resigned as Managing Director due to pre-occupation, though he will remain on the board as a Director. The company has appointed Ms. Sangeeta Harpalani, a highly qualified professional (PhD, FCS, ACMA) with over 20 years of experience, as the new Managing Director and CFO. Additionally, Mr. Amit Kapoor, a Chartered Accountant with 19+ years of experience, has been appointed as an Independent Director. This change is notable as the company reported zero revenue for FY26 and the trailing twelve months.

• Mr. Varun Mangla resigned as Managing Director effective August 11, 2026, citing inability to devote sufficient time.
• Ms. Sangeeta Harpalani appointed as MD and CFO, bringing over 20 years of experience in corporate governance and finance.
• Mr. Amit Kapoor appointed as Additional cum Independent Director with 19+ years of experience in banking and outsourcing.
• The company maintains a market cap of Rs 13 Cr despite reporting Rs 0.0 Cr revenue in the TTM period.
• Outgoing MD Varun Mangla will continue to serve the company in the capacity of a Director.

Sabrimala Industries reported a net profit of ₹11.68 Lakhs for the quarter ended June 30, 2026, down from ₹14.24 Lakhs in the year-ago period. Revenue from operations remained at zero, with the entire total income of ₹20.48 Lakhs coming from 'Other Income.' The company also appointed M/s Rastogi Sunil & Associates as Internal Auditors for FY 2026-27. The 42nd Annual General Meeting is scheduled for September 15, 2026.

• Net profit for Q1 FY27 stood at ₹11.68 Lakhs against ₹14.24 Lakhs in Q1 FY26
• Revenue from operations was ₹0.00 for the quarter ended June 30, 2026
• Total income of ₹20.48 Lakhs was derived entirely from other income sources
• Segment assets for 'Acquisition of stressed assets' stood at ₹464.21 Lakhs
• Internal Auditor M/s Rastogi Sunil & Associates appointed for the 2026-27 financial year

Sabrimala Industries India Ltd has scheduled a board meeting for August 11, 2026, to review and approve its unaudited financial results for the quarter ended June 30, 2026. The company is a micro-cap entity with a market capitalization of approximately ₹11 Cr. Notably, the company reported ₹0 Cr in revenue for the trailing twelve months (TTM), making the upcoming results critical for assessing any operational restart. The trading window for insiders has been closed since July 1, 2026, and will remain so until 48 hours post-announcement.

• Board meeting scheduled for August 11, 2026, at 5:00 P.M.
• Financial results to be considered for the quarter ended June 30, 2026.
• Trading window closure initiated on July 1, 2026, per SEBI regulations.
• Company reported zero revenue (₹0 Cr) for the full year FY26.
• Market capitalization stands at a minimal ₹11 Cr as of the announcement date.

Mr. Tapan Gupta has resigned from his dual roles as Whole Time Director and Chief Financial Officer of Sabrimala Industries India Ltd, effective July 29, 2026. The resignation is attributed to 'pre-occupation,' with the director confirming there are no other material reasons. This management change occurs in a micro-cap company with a market capitalization of Rs 10 Cr and zero TTM revenue. Investors should note the vacancy in a Key Managerial Personnel (KMP) role responsible for financial oversight.

• Resignation of Mr. Tapan Gupta (DIN: 08880267) effective from July 29, 2026
• Company reported Rs 0 Cr revenue for the TTM period and FY26
• Market capitalization stands at approximately Rs 10 Cr
• Reason for departure cited as 'Pre-occupation' with no other material reasons disclosed
• Company recorded a net loss of Rs 0.06 Cr in the most recent quarter ending March 2026