Kush Industries Ltd Announces Quarterly Results and AGM Details; Approves New Auditors and Office Shift
Kush Industries Limited, formerly SNS Textiles Limited, announced the outcome of its Board meeting held on July 30, 2026. The company took up Unaudited Financial Results for the quarter ending June 30, 2026, and outlined key decisions regarding its upcoming Annual General Meeting (AGM), appointments, and office location change.The Board of Directors also approved the appointment of M/s Kashyap R. Mehta & Partners as Secretarial Auditors and sanctioned the shifting of the company's Registered Office.
Financial Performance Highlights
Kush Industries Ltd. reported its unaudited financial results for the quarter ending June 30, 2026. The company operates in a single segment and has no subsidiaries or associates.Key figures from the Statement of Standalone Unaudited Results (in Rs. Lakhs) are presented below:
| Particulars | Quarter ended 30-06-2026 (Unaudited) | Quarter ended 31-03-2026 (Audited) | Quarter ended 30-06-2025 (Unaudited) | Previous Year ended on 31-03-2026 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 0.48 | - | 0.24 | 0.24 |
| Other income | 4.20 | 5.49 | 1.00 | - |
| Total Income (1 + 2) | 4.68 | 5.49 | 1.27 | 9.82 |
| Total Expenses | 3.89 | 2.90 | 3.58 | 14.73 |
| Profit / (Loss) before tax (3-4) | 0.79 | 2.59 | (2.34) | (-11.91) |
| Profit / (Loss) for the period | 0.79 | 2.59 | (2.34) | (4.91) |
In terms of comprehensive income, Total Comprehensive Income for the period stood at 7.17 in the current quarter, compared to (5.56) in Q1 of the previous year. Paid-up equity share capital stands at 1484.68 Lakhs.
Annual General Meeting and E-voting Details
The Board decided to convene the 34th Annual General Meeting (AGM) on Monday, September 28, 2026, at 3:00 P.M., which will be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM).The company provided shareholders with a Remote e-voting facility with the following timeline:
| Event | Date and Time |
|---|---|
| Start of Remote e-voting | 9:00 a.m. on Friday, September 25, 2026 |
| End of Remote e-voting | 5:00 p.m. on Sunday, September 27, 2026 |
| Cut-off date for determining rights | Monday, September 21, 2026 |
Board Decisions and Appointments
The Board meeting also addressed several material decisions:Secretarial Auditor Appointment: M/s Kashyap R. Mehta & Partners, Practising Company Secretaries, was approved as the Secretarial Auditors of the company. This appointment is for a term of five consecutive years, commencing from financial year 2026-27 to 2030-31, and remains subject to shareholder approval at the upcoming 34th AGM.
Registered Office Shift: The Board approved the relocation of the Registered Office from Plot No.129, Near J. B. Chemicals, G.I.D.C. Estate, Ankleshwar, Bharuch, Gujarat, to 907/A, B-Block, Mondeal Square, Near ISCON Elegance, Opp. Honest Restaurant, Prahladnagar Garden, S. G. Highway, Satellite, Ahmedabad - 380 015. This change is also subject to approval of the shareholders at the AGM.
Financial Indebtedness Status
The company reported zero financial indebtedness across several metrics:| Particulars | Total Amount Outstanding (INR crore) |
|---|---|
| Loans / revolving facilities like cash credit from banks / financial institutions | 0 |
| Unlisted debt securities i.e. NCDs and NCRPS | 0 |
| Total financial indebtedness of the listed entity | 0 |
Stock Price Movement
Kush Industries Ltd finished trading today, settling at ₹6.10 after the stock declined by 0.49%. The shares moved within a notable intraday range, testing lows of ₹5.90 before reaching highs of ₹6.20.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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