Satia Industries Approves Q1 Results, Plans Machine Modernization; Announces AGM Details

Satia Industries Approves Q1 Results, Plans Machine Modernization; Announces AGM Details​

Satia Industries Limited has approved its Unaudited Financial Results for the Quarter ended June 30, 2026, and announced significant operational updates following a Board meeting held on August 14, 2026. The company also set dates for an upcoming Annual General Meeting (AGM) and appointed a new Cost Auditor.

The Board meeting considered and approved the financial outcomes for the first quarter of the fiscal year ended June 30, 2026. Key management decisions included appointing M/s Balwinder & Associates, Cost Accountants from Mohali, as the Cost Auditor for the Financial Year 2026-27, recommending shareholders to ratify remuneration payments.

Unaudited Financial Results at a Glance​

The Unaudited Statement of Financial Results for the quarter ended June 30, 2026, shows specific performance across both primary operational segments: Paper and Agriculture. The results are presented in Lakhs, unless otherwise stated.


The company also provided a detailed comparison of segment-wise results for the quarter ended June 30, 2026:

Operational and Corporate Updates​

In an operational move aimed at enhancing quality and efficiency, Satia Industries Limited has undertaken a planned shutdown of Paper Machine 3 starting June 1, 2026. This shutdown is expected to last for approximately five months and is intended to facilitate comprehensive refurbishment and modernization, which is anticipated to enable higher machine speed and improved production capacity.

The company also noted that, effective from the financial year 2026-27, it will discontinue presenting the Cogeneration Division as a separate reportable segment, having opted for the concessional tax regime under Section 200 of the Income-tax Act, 2025. The transition to the new tax structure resulted in a one-time, non-cash deferred tax charge that negatively impacted Profit After Tax (PAT).

Shareholder Meeting and Book Closure Details​

The Board meeting also addressed matters related to shareholder administration. The 45% Annual General Meeting of the Company is scheduled to be held at the Registered Office in Rupana on Wednesday, September 30, 2026.

For administrative purposes, the Register of Members and Share Transfer Books will remain closed from September 24, 2026, to September 30, 2026 (both days inclusive). The record date for the purpose of dividend declaration and calculating voting rights for the AGM is set as Wednesday, September 24, 2026.

SATIA Stock Price Movement​

Shares of Satia Industries Limited are edging higher as of 3:17 PM, gaining 0.69% in live trading and currently standing at ₹61.30. The stock has seen active momentum with 72,606 shares changing hands, tracking comfortably within its intraday range established between ₹59.50 and ₹62.00.