FAZE THREE LTD.-$

Faze Three Limited announced the appointment of Mr. Mohit Dinesh Solanki as an Independent Director to its Board. The appointment was approved by the company's members at their 41st Annual General Meeting held on September 04, 2026, and is effective from August 17, 2026. Mr. Solanki, a Chartered Accountant with over 14 years of experience in banking, financial services, and the gems and jewelry industry, will serve a term of 5 years. His expertise spans financial operations, risk management, and business strategy, expected to contribute to corporate governance and strategic decision-making.

Faze Three Limited conducted its 41st Annual General Meeting (AGM) on September 4, 2026, via Video Conferencing (VC) facility. The meeting was held in compliance with MCA and SEBI circulars, Companies Act, 2013, and SEBI Listing Regulations. Fifty-three shareholders attended the virtual meeting. The Company Secretary welcomed attendees and explained VC participation details. Proxies were not available as physical attendance was not required. Queries from shareholders were addressed by the CFO, Mr. Ankit Madhwani. Key management and statutory auditors were present.

Faze Three Ltd has amended its Employee Trust Deed through a First Supplemental Deed, duly executed and registered on August 19, 2026. This amendment follows an earlier intimation dated September 16, 2024, and the outcome of a Nomination and Remuneration Committee meeting on August 11, 2026. The amendment is in compliance with Regulation 3(3) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The original deed established the trust for implementing share-based compensation schemes. The supplemental deed addresses changes in trusteeship, with Ms. Shagufta Sadikot resigning and Mr. Anwar Shaikh and Mr. Parmeshwar Raman being appointed as new trustees.

Faze Three Ltd has submitted its 41st Annual Report for the Financial Year ended March 31, 2026, in compliance with SEBI Listing Regulations. The company also announced its 41st Annual General Meeting (AGM) scheduled for Friday, September 04, 2026, at 05:00 p.m. IST, to be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The report and AGM notice are being sent to all registered members and are available on the company's website. The report details include the Notice of AGM, Directors' Report, financial statements, and corporate governance reports.

Faze Three Ltd has announced its 41st Annual General Meeting (AGM) will be held on Friday, September 04, 2026, at 05:00 PM IST. The meeting will be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM). Key agenda items include the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, the re-appointment of Mr. Sanjay Anand as a director retiring by rotation, and the appointment of Mr. Mohit Solanki as an Independent Director. Additionally, the company will seek approval to increase its borrowing limits under Section 180(1)(c) of the Companies Act, 2013. The notice is available on the company's website.

Faze Three Ltd has dispatched letters on August 11, 2026, to shareholders whose email addresses are not registered, providing a weblink to access and download the Integrated Annual Report for FY 2025-26. The 41st Annual General Meeting (AGM) is scheduled for September 04, 2026, via Video Conferencing. Shareholders are reminded to update their email addresses and KYC details with the Registrar & Transfer Agent (RTA) to ensure electronic communication and participation in e-voting, which runs from September 01 to September 03, 2026. The cut-off date for e-voting entitlement is August 28, 2026.

Faze Three Ltd announced a change in its Board of Directors. Mr. Mohit Solanki has been appointed as an Additional Director (Non-Executive Independent) effective August 17, 2026. His appointment is initially until the conclusion of the ensuing AGM, with a proposed term of 5 years from August 17, 2026, to August 16, 2031, subject to shareholder approval. Concurrently, Mr. Vinit Rathod's tenure as an Independent Director has concluded after completing his second 5-year term, effective August 11, 2026. Mr. Solanki brings over 14 years of experience in banking, financial services, and the gems and jewelry industry.

Faze Three Ltd announced that its Board of Directors, in a meeting held on August 11, 2026, approved the un-audited financial results (standalone and consolidated) for the first quarter ended June 30, 2026. The Board also recommended the re-appointment of Mr. Sanjay Anand and the appointment of Mr. Mohit D. Solanki as an Additional Director (Independent). Additionally, the company proposed an increase in borrowing limits and the limit for creation of mortgages/charges, subject to shareholder approval at the upcoming AGM. The 41st AGM is scheduled for September 04, 2026.

Faze Three's Q1 FY27 (quarter ended June 30, 2026) consolidated profit fell 24.5% YoY to ₹9.64 Cr on revenue of ₹229.39 Cr, up 8.2% YoY — topline growth that did not translate into bottom-line growth. There is no formal management guidance on record for this quarter, and no analyst consensus or street estimate could be located for this small-cap exporter, so the print cannot be benchmarked against either; it is assessed purely on its own YoY and QoQ trend. The shortfall sits in margins. Cost of materials consumed rose to 60.3% of consolidated revenue from 57.9% a year ago, pointing to raw-material cost inflation that outpaced pricing pass-through. Operating profitability (EBITDA before other income, as a % of revenue) fell to 9.32% from 11.63% in Q1 FY26 and 12.26% in Q4 FY26. Finance costs added to the squeeze, up 34.6% YoY to ₹5.64 Cr, and the effective tax rate climbed to 27.9% from 25.4% — together pulling net margin down to 4.20% from 5.92% a year ago and 6.99% last quarter. On a standalone basis the decline is sharper still (PAT -31.3% YoY to ₹8.77 Cr on revenue +4.0% YoY to ₹212.84 Cr), implying the Group's subsidiaries were, on net, accretive to consolidated profit this quarter even though auditors flag one unreviewed subsidiary posted a ₹2.10 Cr net loss for the period. Sequentially, revenue is down 17.2% and PAT down 50.8% from Q4 FY26, but Q1 (April-June) is typically the softer season for this home-textile exporter relative to Q4, so the QoQ slide should not be read as fresh deterioration — the YoY comparison is the more meaningful read. Among the quarter's developments, the company received PLI Scheme approval for MMF (man-made fibre) and technical textiles on July 1, 2026, a potential incentive/capacity tailwind not yet reflected in these numbers; it also granted 3.31 lakh ESOPs during the quarter and saw an independent director's tenure conclude. No management press release accompanying the results was available to cross-check the company's own framing. Going forward, the key markers are whether the raw-material cost ratio and finance costs normalise back toward FY26 levels, and whether the newly approved PLI scheme shows up as disclosed capex or volume gains in coming quarters.

Faze Three Ltd announced the allotment of 2,78,840 equity shares of face value ₹10 each at a price of ₹10 per share to the Faze Three Employee Trust under the Faze Three Employee Stock Option Scheme 2024. This allotment took place on August 11, 2026. The shares will rank pari-passu with existing equity shares and will be transferred to eligible employees upon option exercise. The company also approved the appointment of Mr. Parameshwar Raman and Mr. Anwar Shaikh as Trustees of the Faze Three Employee Trust, effective August 11, 2026, and accepted the resignation of Ms. Shagufta Sadikot as Trustee from August 14, 2026.