Emmbi Industries Approves Financial Results, Appoints New Directors and Cost Auditors

Emmbi Industries Approves Financial Results, Appoints New Directors and Cost Auditors

Emmbi Industries Approves Financial Results, Appoints New Directors and Cost Auditors​

Emmbi Industries Limited announced several key corporate decisions following a Board meeting held on August 14, 2026. The company reviewed its financial performance for the quarter ended June 30, 2026, and approved the appointment of new directors and cost auditors.

The management reported that the unaudited standalone and consolidated financial results for the quarter ending June 30, 2026, had been reviewed by R. Daliya & Associates, Chartered Accountants. The statement included the results of Emmbi Industries Limited, its subsidiary Zastian PTE Limited (Singapore), and its subsidiary Zastian Europe GmbH (Germany).

The review report noted that the interim financial information for two subsidiaries reflected a Group's share of total revenue of Rs. 29.58 million, net profit after tax of Rs. 3.48 million, and total comprehensive income of Rs. 2.98 million for the quarter ended June 30, 2026.

Financial Performance Highlights (Quarter Ended June 30, 2026)​

The company's financial results are presented below based on data from the unaudited consolidated statement:

ParticularsConsolidated Results (Rs. In Million)
Gross Value of Sales₹1,278.47
Net Sales Income from Operations₹1,17.56
Total Income from Operations₹71.32
Total Expenses₹421.53
Profit before Tax₹20.64
Total Comprehensive Income for the period attributable to Owners of the Holding Company₹14.81

Governance and Appointments​

The Board of Directors, based on recommendations from its Nomination and Remuneration Committee, approved the appointment of three additional directors: Mr. Anuj Choksey, Ms. Maithili Rinku Makrand Appalwar, and Mr. Yash Ravi Punjabi.

Mr. Anuj Choksey was appointed as an Additional Non-Executive Independent Director for a term of three consecutive years, effective from August 14, 2026, till August 13, 2029. Mr. Choksey brings over 45 years of experience in institutional equities and corporate finance to the board.

Ms. Maithili Rinku Makrand Appalwar was appointed as an Additional Executive Director. Ms. Appalwar is noted as a Vice President at Emmbi Industries Limited, where she leads the Avana business unit. Her appointment is valid until the ensuing 32nd Annual General Meeting of the Company.

Mr. Yash Ravi Punjabi was also appointed as an Additional Executive Director. Mr. Punjabi has been associated with Emmbi Industries Limited since 2024 and holds responsibility for Information Technology and international business growth. His tenure as an Additional Executive Director is valid until the ensuing 32nd Annual General Meeting of the Company.

Furthermore, M/s Joshi Apte & Associates, a Peerreviewed firm, was appointed as Cost Auditors of the Company to conduct the audit of the cost accounts for the Financial Year 2026-27. The firm was appointed on August 14, 2026.

EMMBI Stock Price Movement​

Emmbi Industries Limited shares slipped today, closing at ₹85.01 after shedding ₹0.34 or 0.40%. The stock traded in the post-market session across a total volume of 5,668 shares.
 

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Editorial Note

This news article was written and created by Shreyas, and published on IST.
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