Borana Weaves Ltd

Borana Weaves Ltd's board meeting on June 1, 2026, approved the resignation of Ms. Seema Luniya as Company Secretary and Compliance Officer due to career growth opportunities. The board also approved the change of the company's registered office from Plot No AA/34, Surat to Plot No. B-5/3, Surat, Gujarat.

Borana Weaves Limited has submitted its revised audited standalone financial results for the quarter and year ended March 31, 2026. This submission addresses a previous discrepancy where the Auditor's Report for the Standalone Financial Results for the year ended March 2026 was unintentionally omitted. The revised filing now includes the duly signed Auditor's Report. For the fiscal year 2026, the company reported revenue from operations of ₹38,859.30 lakhs, an increase from ₹29,031.04 lakhs in the previous year. The profit for the year also significantly rose to ₹4,016.18 lakhs, compared to ₹1,993.71 lakhs in the prior year. Basic and diluted earnings per share for FY26 stood at ₹20.14.

Borana Weaves Limited has released its financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the standalone audited financial results during a meeting held on May 14, 2026. Additionally, M/s. Vora Vora & Associates were appointed as the Internal Auditor for FY 2026-27, and M/s. Vaghela Kishor & Co were re-appointed as Cost Auditor for the same period.

Borana Weaves Limited announced the approval of its audited standalone financial results for the quarter and year ended March 31, 2026, during a board meeting held on May 14, 2026. The board also appointed M/s. Vora Vora & Associates as the Internal Auditor for the financial year 2026-27 and re-appointed M/s. Vaghela Kishor & Co as Cost Auditor for the same period.

Borana Weaves Ltd has scheduled a Board of Directors meeting on May 14, 2026, to consider and approve the standalone audited financial results for the quarter and year ended March 31, 2026, and to consider and approve a change in the registered office of the company within local limits.

A search proceeding, initiated by a Special Judge of SEBI under Section 11C (9) of the SEBI Act, 1992, was conducted at the premises of R & B Denims Limited, a promoter group entity of Borana Weaves Ltd, as well as at the premises of certain promoters and the CFO of R & B Denims Limited. The search took place on April 22-23, 2026. Borana Weaves clarifies that the search did not occur at its registered office and, based on current information, there is no material impact on its financials or operations.

Borana Weaves Limited has informed the exchange about the closure of the trading window for dealing in securities of the company. The closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and is aimed at preventing insider trading during the declaration of the audited Financial Results for the quarter and Financial Year ending March 31, 2026. The trading window will be closed for all Directors, KMPs, Designated Persons (Including their immediate relatives) and Insiders from April 1, 2026, till 48 hours after the date of declaration of the audited Financial Results. The date of the Board Meeting on which the results will be considered will be intimated in due course of time.

Borana Weaves Ltd., a leading producer of Synthetic Greige fabric, has announced key operational milestones. The company has successfully commissioned its 3.545 MW rooftop solar power project, which is now operational across its manufacturing units. This initiative is expected to significantly reduce reliance on conventional power sources and improve cost efficiencies. The company has also fully operationalized all 160 high-speed Water Jet looms at Unit 4B, marking a significant scale-up in production capabilities and expected to increase output capacity, improve operational efficiency, enable faster turnaround, and support revenue growth through higher volumes.

Borana Weaves Limited, a company in the Other Textile Products / Textiles sector, has submitted the Monitoring Agency Report for the quarter ended December 31, 2025. The report, prepared by Acuite Ratings and Research Limited, indicates no deviation in the utilization of funds raised through the public issue. The company has utilized the funds as per the disclosures in the Offer Document. The Monitoring Agency also confirmed that all required Government / statutory approvals have been received for the objectives of the issue.

Borana Weaves Ltd., a leading producer of Synthetic Greige fabric, has announced its unaudited consolidated Financial Results for the quarter ended 31st December 2025. The company reported a 42% YoY increase in revenue from operations for Q3 FY26, which stood at INR 111.36 Crores. The Profit After Tax (PAT) for the quarter was INR 18.55 Crores, marking a 63% YoY growth. For the nine months ended December 31, 2025, the revenue from operations increased by 36% YoY to INR 287.86 Crores, and the PAT grew by 62% YoY to INR 47.40 Crores. The company is planning to transition 70-80% of its power requirements to renewable energy and is on track with capacity expansion.