Mishtann Foods Ltd

Mishtann Foods Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure will be effective from October 1, 2026, and will remain open 48 hours after the declaration of the unaudited financial results for the quarter and half-year ending September 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct, aimed at preventing insider trading during the period leading up to and immediately following the financial results announcement.

Mishtann Foods Ltd announced that Ms. Rainy Ramesh Singhi has resigned as an Independent Director, effective August 8, 2026. The company's Board of Directors, in a meeting held on the same day, approved the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also noted the resignation and approved the reconstitution of committees. The financial results, along with the limited review report, will be available on the company's website.

Mishtann Foods Ltd announced its un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved these results during a meeting held on August 8, 2026. The company also noted the resignation of Ms. Rainy Ramesh Singhi as Independent Director and approved the reconstitution of committees. The detailed financial results, along with a limited review report and a statement on the impact of audit qualifications, have been submitted and will be available on the company's website.

Mishtann Foods Ltd announced the reconstitution of its board committees following the resignation of Ms. Rainy Ramesh Singhi as an Independent Director. The company's Board of Directors approved this reconstitution during a meeting held on August 8, 2026. The meeting also saw the approval of the Un-Audited Standalone & Consolidated Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report. The details of the committee reconstitution and the resignation are provided in Annexures B and C, respectively. The financial results and related reports are available on the company's website.

Mishtann Foods' consolidated Q1 FY27 (quarter ended 30 June 2026) revenue was ₹18.29 Cr, down 95.3% year-on-year from ₹386.05 Cr in Q1 FY26, and consolidated PAT was ₹0.49 Cr, down 99.4% from ₹82.66 Cr. Standalone tells the same story (revenue ₹18.29 Cr, PAT ₹0.50 Cr) — the two are within 2% of each other, so this is a company-wide collapse, not a subsidiary-specific issue. Basic EPS on both bases rounds to ₹0.00 against ₹0.77 a year ago. There is no exceptional item in either period, so the entire swing sits in ordinary operations. The margin bridge is simple: NPM fell to 2.67% from 21.41% YoY and OPM (PBT/revenue) to 4.21% from 21.70%, a compression that tracks the revenue drop almost proportionally rather than reflecting a cost blowout — cost of materials consumed fell in lockstep with revenue (₹16.84 Cr this quarter vs ₹250.39 Cr a year ago, consolidated). Sequentially, revenue is also down 40.7% from the preceding (audited) quarter's ₹30.84 Cr, so this is the second consecutive quarter of steep decline rather than a one-off dip against an unusually strong base. The context matters more than the numbers here. Statutory auditor H Thakkar & Co issued a repetitive Qualified Opinion on both statements, citing a SEBI Interim Order-cum-Show Cause Notice (December 2024) alleging fictitious sales and purchase transactions from FY17-18 to FY23-24 and misutilisation of ₹49.90 Cr in rights-issue proceeds; unprovided expected-credit-loss on ₹593.71 Cr of trade receivables (97% of total assets as of September 2024); a disputed ₹206.84 Cr GST demand (company has filed a Writ Petition in the Gujarat High Court, April 2025); and a disputed ₹117.44 Cr income-tax demand. The auditor separately flags these matters as casting material uncertainty on the company's going-concern status, even as management maintains the results are prepared on a going-concern basis. No analyst or brokerage estimates for this quarter turned up in a web search — unsurprising for a micro-cap under active SEBI investigation — so vsStreet is unknown; the company also has no prior stated guidance on record, so there is nothing to grade the print against, and no management press release was available in the filing to cross-check its framing. On the same day as this result, Independent Director and Audit Committee Chairperson Rainy Ramesh Singhi resigned (effective close of business, 8 August 2026, citing personal reasons), and the board reconstituted all five committees around Kush Shah, Ashish Agarwal and Rajesh Sutaria. Combined with the SEBI notice, the resignation and reconstitution add a governance dimension to a quarter already dominated by the scale of the revenue and profit decline; whether the ~₹18-31 Cr revenue run-rate of the last two quarters — a fraction of the ~₹386 Cr level a year ago — is a new normal or a further slide is the question the next print needs to answer.

Mishtann Foods Ltd has announced that its Board of Directors will convene on August 8, 2026, to consider and approve the un-audited standalone and consolidated financial statements for the quarter ended June 30, 2026. The meeting will also address any other business as permitted. Concurrently, the company has confirmed that its trading window, which was closed in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, will reopen 48 hours after the declaration of these financial results.

Mishtann Foods Ltd announced that its Board of Directors, in a meeting held on July 07, 2026, approved a change in the company's registered office. The new registered office will be located at 403, Ganesh Glory, Gota, Ahmedabad - 382470, shifting from its previous address at B/905, Empire Business Hub, Opp. Shakti Farm, Science City Road, Sola, Ahmedabad – 380060. Additionally, the Board approved the appointment of CS Namrata Girish Vyas as the new Company Secretary and Compliance Officer, effective July 07, 2026. Ms. Vyas brings over 9 years of experience in corporate compliance and secretarial practices.

Mishtann Foods Ltd announced key changes following a Board of Directors meeting on July 07, 2026. CS Namrata Girish Vyas has been appointed as the new Company Secretary and Compliance Officer, based on the recommendation of the Nomination & Remuneration Committee. Additionally, the company has approved a change in its registered office from Ahmedabad - 380060 to Ahmedabad - 382470. The board meeting commenced at 10:30 A.M. (IST) and concluded at 11:00 A.M. (IST). The details of the appointment, including Ms. Vyas's profile and experience, are enclosed as Annexure I.

Mishtann Foods Ltd has announced the closure of its trading window for all promoters, board members, officers, designated employees, and connected persons. This closure is in accordance with the company's Code of Conduct and SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window will remain shut from July 1, 2026, until 48 hours after the declaration of the un-audited financial results for the quarter ending June 30, 2026. This measure is standard practice to prevent potential insider trading during periods when material non-public information may be available.

Mishtann Foods Ltd's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. M/s. Mikil Vora & Associates were appointed as Internal Auditors for F.Y. 2026-2027, and M/s. J. M. Patel & Bros. were appointed as Tax Auditors for A.Y. 2026-27 (F.Y. 2025-2026). The auditor's report contains a qualified opinion.