Mehul Telecom Ltd

Mehul Telecom Limited has announced the opening of a new retail store in Gandhinagar, Gujarat. The store, operating under the name "Mehul Telecom," is located at Survey No 54,58,59, Ground Floor, Shop No 88, Pramukh Mastana, Reliance Cross Road, Gandhinagar, Gujarat, 382421. The opening date was July 20, 2026. This expansion is part of the company's ongoing business development strategy.

Mehul Telecom Limited has announced the opening of a new retail store under the brand name 'Mobile Daddy'. The store is located in Thangadh, Surendranagar district, Gujarat. This expansion into a new retail location signifies the company's growth strategy and its efforts to increase its market presence. The opening date was July 16, 2026. The company has requested this information be taken on record.

Mehul Telecom Ltd has issued a clarification regarding the Escrow Payment Mechanism as per SEBI regulations. The company states that this mechanism is not applicable to them as they have not issued or do not have any instruments or arrangements for which the said mechanism is required under SEBI (Issue and Listing of Municipal Debt Securities) Regulations. Therefore, no disclosure or submission is required in this respect. The company requests this clarification be taken on record.

Mehul Telecom Limited has announced the opening of a new retail store under the name "Mehul Telecom". The store is located in Junagadh, Gujarat, at Shop No. G/10, Trident Complex, Near Parijat Apartment, Zanzarda Road, Junagadh, Gujarat - 362001. The store officially opened on July 5, 2026. This expansion is part of the company's ongoing business development and market presence strategy.

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.