Shekhawati Industries Approves Results, Increases Authorized Share Capital to Rs. 60 Crore
Shekhawati Industries Limited (formerly Shekhawati Poly-Yarn Limited) held its Board of Directors meeting on April 27, 2026, and approved several material corporate updates, including the audited financial results for the quarter and year ended March 31, 2026, and a significant enhancement to its authorized share capital.The Board's approvals covered the financial results, capital structure changes, re-appointment of statutory auditors, and administrative approvals for the upcoming Annual General Meeting (AGM).
Capital Structure and Audit Appointments
During the meeting, the Board approved several key corporate actions:1. Authorized Share Capital Increase: The Board approved increasing the Company's Authorized Share Capital from Rs. 40,00,00,000/- (Rupees Forty Crore only) to Rs. 60,00,00,000/- (Rupees Sixty Crore only). This increase is achieved through the creation of an additional share capital of Rs. 20,00,00,000/- (Rupees Twenty Crore only), bringing the total issued share capital to 6,00,00,000 equity shares of Rs. 10/- each.
2. Auditor Re-appointments: The Board approved the re-appointment of two key auditors for the Financial Year 2026-2027:
* Internal Auditor: M/s. Sunil Kudva & Co., Chartered Accountant, with Firm Registration No. 123657W. The firm specializes in Internal Audit, Income Tax, and Accounts.
* Cost Auditor: M/s. N. Ritesh & Associates, Cost Accountant, with Firm Registration No. 26963. The firm specializes in Cost Audit.
Additionally, the Board approved the Directors' Reports, the Corporate Governance Report, and the Management Discussion and Analysis for the financial year ended March 31, 2026. The Board also approved the draft notice for the 35th Annual General Meeting (AGM) and the appointment of Dipesh Gosar & Co. as Scrutinizer for the AGM.
Financial Performance and Results
The Board approved the Audited Financial Results for the Quarter and Year ended on March 31, 2026, along with the corresponding Audited Report.Statement of Audited Financial Results (Rs. in Lakhs)
The following table summarizes the Total Income and Total Comprehensive Income as approved by the Board:| Particulars | 31-03-2026 (Audited) | 31.03.2026 (Audited) |
|---|---|---|
| Total Income | 900.36 | 1,814.28 |
| Total Expenses | 437.12 | 5,614.44 |
| Profit/ (Loss) before exceptional items | 463.24 | 880.55 |
| Net Profit/ (loss) after tax | 463.24 | 880.55 |
| Total Comprehensive Income / (Loss) | 462.68 | 870.05 |
Note: The Total Comprehensive Income for the year ended 31.03.2026 is 870.05 Lakhs.
Segmental Revenue and Results (Rs. in Lakhs)
| Particulars | 31-03-2026 (Audited) | 31.03.2026 (Audited) |
|---|---|---|
| Total Operating Revenue | 830.84 | 1,644.82 |
| Profit from ordinary Activities | 463.24 | 880.55 |
Statement of Assets & Liabilities (As at March 31, 2026)
| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| Total Assets | 3,190.21 | 3,809.79 |
| Total Equity | ,198.5 | 1,318.59 |
| Total Liabilities | 991.62 | 2,491.19 |
| Cash and Cash Equivalent | 170.48 | 41.75 |
Statement of Cash Flow (Rs. in Lakhs)
| Particulars | 31-03-2026 (Audited) | 31-03-2025 (Audited) |
|---|---|---|
| Net Cash from operating activities | 110.32 | 74.01 |
| Net Cash used in investment activities | 965.96 | 1,601.00 |
| Net Cash from financing activities | (26.54) | (---) |
| Net increase in cash and cash equivalents | 128.73 | 12.53 |
| Cash and Cash equivalents at the end of the year | 170.48 | 41.75 |
***
Disclaimer: This article is based solely on the financial data and corporate actions approved by the Board of Directors meeting held on April 27, 2026, and does not contain external analysis or assumptions.
SHEKHAWATI Stock Price Movement
Shekhawati Industries Limited's shares are slipping in live trading as of 1:14 PM, dropping 4.98% to reach ₹16.59. The stock shows considerable activity, trading 15,277 shares in the session so far.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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