Flexituff Ventures International Ltd

Flexituff Ventures International Ltd has announced the closure of its trading window for all promoters, directors, officers, designated persons, and their immediate relatives. This closure is effective from July 01, 2026, and will remain in effect until 48 hours after the declaration of the Unaudited Financial Results for the Quarter ended June 30, 2026. The company will inform the exchange in due course about the date of the board meeting to approve these financial results. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations.

Flexituff Ventures International Ltd has announced the resignation of its statutory auditor, M/s. Mahesh C. Solanki., Chartered Accountants. The resignation is effective from June 19, 2026. The auditor cited prolonged non-payment of outstanding audit fees and a severe deadlock regarding the company's business operations as the reasons for their departure. The company is required to comply with the necessary procedures under the Companies Act, 2013, and the auditor will file the mandatory Form ADT-3 with the Registrar of Companies.

Flexituff Ventures International Ltd has announced the resignation of its statutory auditor, M/s. Mahesh C. Solanki., Chartered Accountants. The resignation, effective June 19, 2026, is attributed to prolonged non-payment of outstanding audit fees and a deadlock regarding the company's business operations. The auditor confirmed they will file the mandatory Form ADT-3 with the Registrar of Companies, citing these reasons. The company had appointed the auditor on September 30, 2025, with their term scheduled to expire on March 31, 2030. The auditor's latest reports were for the quarter and year ended March 31, 2026, submitted on May 30, 2026.

Flexituff Ventures International Ltd announced the resignation of Mr. Sunil Ramsinghani from his position as Non-Executive Independent Director, effective June 1, 2026. Mr. Ramsinghani also ceases to be the Chairman of the Board, Audit Committee, and a member of the Nomination and Remuneration Committee & Stakeholders’ Relationship Committee. The company confirmed that Mr. Ramsinghani stated no material reasons for his resignation other than those in his resignation letter.

Flexituff Ventures International Limited has submitted its standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the audited financial results at a meeting held on May 30, 2026. The company reported a net loss of ₹13,487.87 lakhs for the year ended March 31, 2026, with current liabilities exceeding current assets by ₹32,233.86 lakhs, leading to a complete erosion of the company’s net worth. Auditors have expressed an adverse opinion on the financial results, citing material uncertainties about the company's ability to continue as a going concern.

Flexituff Ventures International Ltd. has submitted audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved these results on May 30, 2026. The company reported a net loss of ₹13,487.87 lakhs for the year ended March 31, 2026, with current liabilities exceeding current assets by ₹32,233.86 lakhs, leading to a complete erosion of the company’s net worth. Auditors issued an adverse opinion, citing material uncertainties about the company's ability to continue as a going concern.

Flexituff Ventures International Ltd has scheduled a Board of Directors meeting on May 30, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The trading window has been closed from April 01, 2026, until 48 hours after the declaration of the audited financial results.

Flexituff Ventures International Ltd announced the appointment of Mrs. Gudiya Yadav (DIN: 11693940) as an Additional Non-Executive Non-Independent Women Director. The Board of Directors approved the appointment, effective April 29, 2026, for a term of 24 months, subject to shareholder approval. Mrs. Yadav brings practical experience in operational supervision and will assist in production-related activities to ensure alignment with performance standards and statutory requirements. She is not related to any other director of the company.

Flexituff Ventures International Limited has submitted the outcome of their Board Meeting held on 31st March, 2026. The Board considered, approved, and took on record the approval of forfeiture of Convertible Warrants for non-payment of balance consideration under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Additionally, the Board took note of the resignation of Ms. Priya Soni from the post of Company Secretary and Compliance Officer with effect from 24th March, 2026, in accordance with Regulation 6 and Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Flexituff Ventures International Ltd has forfeited the upfront amount paid by warrant holders, as they did not exercise the option for conversion into equity shares within 18 months from the date of allotment. The company allotted 49,50,000 convertible warrants to 17 allottees on a preferential basis. However, none of the allottees exercised the option to convert within the stipulated time. Consequently, the 25% upfront amount, amounting to INR 5,16,78,000, has been forfeited. This decision will not affect the paid-up equity share capital of the company.