Mehul Telecom Ltd

Mehul Telecom Limited has announced the opening of a new retail store in Rajkot, Gujarat. The store, named "Mehul Telecom," is located at Lunai Krupa, Nurani Para Slum Area, Shivapara Main Road, Near Raiya Chowkdi, 150 Ring Road, Rajkot. The store officially opened on June 16, 2026. This expansion is part of the company's ongoing efforts to increase its retail presence and reach more customers in key markets.

Mehul Telecom Limited has announced the opening of a new retail store under the name "Mehul Telecom" in Adipur, Gandhidham, Gujarat. The store is located at Ground Floor, Shop No. 126, Jay Ambe Complex, Near Madan Singh Circle, Adipur, Gandhidham, Kachchh, Gujarat, 370205. The opening date was June 7, 2026. This expansion is part of the company's ongoing business development strategy.

The company confirms the non-applicability of Regulation 32(1) and (3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the half year and year ended March 31, 2026. This is because the company did not raise any funds through public, rights, preferential issues, or QIPs during this period. Furthermore, the company was unlisted during the entire reporting period, making the statement of deviation or variation in fund utilization irrelevant.

Mehul Telecom Ltd (BSE - SME: 544751) reported strong financial results for FY26, with revenue from operations increasing by 73% YoY to ₹20,012.01 Lakhs. EBITDA surged by 76% YoY to ₹1,364.45 Lakhs, and Profit After Tax (PAT) grew by 71% YoY to ₹996.39 Lakhs. In H2 FY26, the company's revenue grew by 64% YoY, and EBITDA increased by 93% YoY. The company is expanding into Tier I cities while maintaining its presence in Tier II and Tier III cities of Gujarat.

Mehul Telecom Ltd has announced the opening of a new retail store under the name 'Mobile Daddy' in Anjar, Gujarat. The store is located at Plot No 760, TP 2, Nagar Palika Road, Jai Hind Society, Anjar, Kachchh, Gujarat, 370110 and commenced operations on May 24, 2026. This expansion is in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mehul Telecom Ltd has appointed S M N K & Co, Chartered Accountants, Rajkot, as its Internal Auditor for the financial year 2026-27. The appointment was approved by the Board of Directors at a meeting held on January 29, 2026, based on the recommendation of the Audit Committee. S M N K & Co. was originally established in 2012 and has since expanded through mergers, now operating from multiple locations in Gujarat, Madhya Pradesh and Rajasthan.

Mehul Telecom Ltd has announced a change in its registered office address within the local limits of Rajkot. The decision was approved by the Board of Directors on May 25, 2026. The registered office is shifting from West Gate Shop 223, 150 Ft Ring Road, Rajkot Raiya Road, to Office No. 506-507, R.K. Tower, Shital Park, Rajkot. The company has informed the exchange about this change as per SEBI (LODR) Regulations, 2015.

Mehul Telecom Ltd's Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026. The board also approved the standalone statutory auditors report for the same period and related party transaction disclosures. Additionally, M/s. S M N K & Co, Chartered Accountants, was appointed as the Internal Auditor for FY 2026-27. The company also changed its registered office within Rajkot.

Mehul Telecom Ltd has announced plans to expand its retail presence by opening three new stores in Gujarat. The stores will be located in Adipur, Anjar, and Gandhinagar. This expansion aims to enhance the company's market reach and customer service capabilities in the region. The company has committed to informing the stock exchange of further developments.

Mehul Telecom Ltd has scheduled a Board of Directors meeting on May 25, 2026, to consider and approve the audited financial results for the half-year and financial year ended March 31, 2026. The board will also consider the appointment of Internal Auditor M/s S M N K & Co, Chartered Accountants, Rajkot.