Izmo Limited Announces Board Meeting Outcomes, Q1 Financial Results, and Key Personnel Appointments

Izmo Limited Announces Board Meeting Outcomes, Q1 Financial Results, and Key Personnel Appointments​

Izmo Limited has reported significant outcomes following its Board meeting held on August 14, 2026. The Company approved the unaudited Standalone and Consolidated Financial Results for the first quarter (Q1) ending June 30, 2026. Additionally, the board addressed key governance matters, including the re-appointment of a Whole-time Director and the allotment of shares under its Employee Stock Option Plan (ESOP).

Q1 Financial Performance Summary​

The results presented by the Company reflect performance across both standalone and consolidated entities for the quarter ending June 30, 2026. The standalone figures reported specific income streams and expenses related to operations.

Standalone Unaudited Financial Results (Quarter Ended 30.06.2026):

Consolidated Unaudited Financial Results (Quarter Ended 30.06.2026):

Governance and Directorial Changes​

During the board meeting, the appointment of a new director was approved. Mrs. Kiran Soni (DIN: 08836616) was re-appointed as a Whole-time Director of the Company, effective from September 27, 2026, until September 26, 2029, pending Shareholder approval.

Mrs. Soni's profile highlights her background as a Qualified Chartered Accountant and her prior association with Izmo Limited since 1995, serving in finance management roles globally for the Group. She is also noted as the spouse of Mr. Sanjay Soni (Managing Director) and Daughter in Law of Mrs. Shashi Soni, Chairperson and Whole-time Director.

Share Capital Increase and Corporate Actions​

The Company allocated 17,745 fully paid-up Equity Shares to its employees under the Employee Stock Option Plan 2013 (ESOP 2013). These shares rank pari-passu with existing Equity Shares. Following this allotment, the paid-up share capital of the Company increased from Rs. 14,96,25,760/- to Rs. 14,98,03,210/-.

Furthermore, the Board approved a voluntary delisting application for the Equity Shares from The Calcutta Stock Exchange Limited (CSE). It was clarified that while this action is underway, the shares will continue to be listed and traded on BSE Limited and National Stock Exchange of India Limited (NSE).

Operational Updates and Meetings​

The board also approved the Notice of the Annual General Meeting (AGM), scheduled for Friday, September 25, 2026, which will be conducted through Video Conferencing or Other Audio-Visual Means. The Company’s management also confirmed that it added 117 clients in the US market during the quarter.

The Company approved the Board's Report, Management Discussion and Analysis Report, and Corporate Governance Report for the Financial Year ended March 31, 2026. Additionally, the company approved the closure of its Share Transfer Books and Register of Members from September 18, 2026, to September 25, 2026, in preparation for the AGM. A Practicing Company Secretary was also appointed as a Scrutinizer for the e-voting process related to the upcoming AGM.

IZMO Stock Price Movement​

Shares of IZMO Limited slipped today, finishing the post-market session at ₹939.45 after shedding ₹11.90. The equity traded within a daily range of ₹928.10 to ₹949.00 on total volume of 55,853 shares.