Sonam Limited Announces Audited Financial Results for FY 2025-26; Approves Key Director Appointments
Sonam Limited has released its audited financial results and provided updates on various corporate governance matters following a Board meeting held on May 29, 2026. The company confirmed the appointment of new independent directors and approved changes in its internal audit structure for the financial year 2026-27.The audited Standalone Financial Results for the quarter and the full year ended March 31, 2026, were approved by the Board of Directors. These results were reviewed by the Audit Committee and issued an opinion by M/s D V Bakrania & Associates., Chartered Accountant.
Financial Performance Highlights (Amounts in Rs. Lakhs)
The financial performance shows details for both the quarter ended March 31, 2026, and the corresponding full years. Key figures from the Statement of Financial Results are summarized below:
| Metric | Quarter Ended 34.03.2026 (Audited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|
| Total Income from Operations (net) | 6,365.22 | 17,099.36 |
| Total Expenses | 5,864.67 | 15,939.52 |
| Profit from Ordinary Activities before finance costs and Finance Costs | 64.11 | 208.42 |
| Net Profit for the period (Extraordinary items net off tax expenses) | 289.59 | 732.24 |
| Total Comprehensive Income for the Period | 245.30 | 848.22 |
Board Decisions and Governance Updates
The Board meeting reviewed several crucial operational and governance points, including the approval of the Director report for FY 2025-26 and the Secretarial Audit report for the same period. The board also took note of compliance certificates related to corporate conduct and non-disqualification of directors.
Key appointments and reappointments approved during the meeting include:
- Mrs. Deepa Jayeshbhai Shah: Approved for Reappointment as a director, subject to shareholder approval at the Annual General Meeting (AGM).
- Mrs. Tanishka Anilbhai Dhamejani: Confirmed appointment as Non-Executive Independent Director of the company, subject to shareholder approval.
- Mr. Suresh Somnath Dave: Confirmed appointment as Non-executive independent director for his second term, subject to shareholder approval.
- Internal Auditor Appointment: Approved M/s Dipesh Bhoot & Co. as an Internal Auditor for FY 2026-27.
- AGM Details: The notice of the Annual General Meeting was approved and set for Thursday, June 25, 2026, at 4:30 p.m., to be held via Video Conference/Other Audio-Visual means. Ms. Dhara Patel was approved as the Scrutinizer for the AGM.
Director Profile Details
Detailed information concerning the appointed and reappointed directors includes:
| Director Name | Reason for Appointment/Reappointment | Date of Appointment/Re-appointment | Key Relationship / Expertise |
|---|---|---|---|
| Mrs. Deepa Jayeshbhai Shah | Reappointment due to retire by rotation | 25.06.2026 (Projected) | Relative (Wife) of Mr. Jayesh Chhabildas Shah, Mother of Mr. Harshil Jayeshbhai Shah. Has 25 years' experience in finance etc. |
| Mrs. Tanishka Anilbhai Dhamejani | Appointment as an Independent Director | 25.06.2026 (Projected) | Not related to any person of the company; expertise includes Secretarial Audits and Corporate Governance. |
| Mr. Suresh Somnath Dave | Appointment as an Independent Director (second term) | 10.11.2026 (Projected) | Not related to any person of the company. Has over 35 years in corporate and other laws. |
| M/s Dipesh Bhoot & Co. | Internal Auditor appointment | 29.05.2026 | Firm specializing in Statutory and Tax Audit, Auditing & Assurance, and Internal Audit. |
Balance Sheet Snapshot (Amounts in Rs. Lakhs)
The audited Balance Sheet as at March 31, 2026, showed the company's financial position:
| Particulars | As At 31/03/2026 | As At 31-03-2025 |
|---|---|---|
| Total Equity and Liabilities | 11,486.30 | 9,593.08 |
| Total Non-Current Assets | 5,936.32 | 5,292.91 |
| Current Assets (including inventories) | 5,549.99 | 4,300.18 |
| Total Liabilities | 4,338.55 | 3,293.57 |
Cash Flow Overview (Amounts in Rs. Lakhs)
The Cash Flow Statement for the year ended March 31, 2026, showed movement across operating, investing, and financing activities:
| Activity | Amount (Mar 2026) | Amount (Mar 2025) |
|---|---|---|
| Cash from Operating Activity (before Extra-Ordinary items) | 639.77 | 1,040.37 |
| Net Cash Flow from Investing Activities | (725.64) | (233.57) |
| Net Cash Flow from Financing Activities | 75.13 | (583.99) |
| Net Increase/Decrease in Cash and Cash Equivalents | (14.94) | 22.44 |
SONAMLTD Stock Price Movement
Sonam Limited shares rallied today, closing out the market session at ₹54.45 after gaining 1.76%. The stock traded within an intraday range stretching from a low of ₹53.51 to a high of ₹55.65, with a volume of 65,507 shares recorded.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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