Mittal Sections Ltd

Mittal Sections Ltd's Board of Directors approved the audited standalone financial statements for the half-year and financial year ended March 31, 2026, in a meeting held on May 29, 2026. The audit report, issued by M/s. Milind Nyati & Co. LLP, Chartered Accountants, contains an unmodified opinion. The meeting commenced at 3:30 p.m. and concluded at 5:50 p.m.

Mittal Sections Ltd's Board of Directors approved the audited standalone financial statements for the half-year and financial year ended March 31, 2026, in a meeting held on May 29, 2026. The audit report, issued by M/s. Milind Nyati & Co. LLP, Chartered Accountants, contains an unmodified opinion on the financial results. The board meeting commenced at 3:30 p.m. and concluded at 5:50 p.m.

Mittal Sections Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the Audited Standalone Financial Results for the Half-Year and Financial Year ended March 31, 2026. The trading window remains closed for designated persons until 48 hours after the declaration of the results.

Mittal Sections Ltd has released the Monitoring Agency Report issued by CARE Ratings Limited for the quarter ended March 31, 2026, regarding the utilization of funds raised through its SME IPO. The report, submitted in compliance with SEBI regulations, confirms no deviation from the stated objectives of the IPO. The monitoring agency declares that the report provides an objective view based on information provided by the issuer and believed to be accurate and reliable, without performing an audit or independent verification.

Mittal Sections Limited (The Company) has intimated about the change of its Corporate Identification Number (CIN) from U27109GJ2009PLC056527 to L27109GJ2009PLC056527. This change has been updated in the Company Master Data of the Ministry of Corporate Affairs (MCA) after the listing of the Company's Equity Shares on the SME platform of BSE Limited. The status of the Company has also been changed from 'Unlisted' to 'Listed'. The updated CIN and status are requested to be updated in the records and the Corporate Information Section.

Mittal Sections Ltd has announced the resignation of its Company Secretary & Compliance Officer, Mr. Hirenkumar B. Patel, with effect from 31st December, 2025. The resignation was due to his pursuit of new career directions that align with his long-term goals and aspirations. The company has assured strict compliance with SEBI (LODR) Regulations, 2015 going forward. The Board of Directors has approved the appointment of Ms. Gunjan Rameena as the new Company Secretary & Compliance Officer.

Mittal Sections Ltd has announced the resignation of its Company Secretary & Compliance Officer, Mr. Hirenkumar B. Patel, with effect from 31st December, 2025. The resignation is due to Mr. Patel's pursuit of new career directions that align with his long-term goals and aspirations. The company has appointed Ms. Gunjan Rameena as the new Company Secretary & Compliance Officer, effective from 15th January, 2026. Ms. Rameena is an associate member of ICSI with experience in Corporate Law, Corporate Governance, and SEBI related matters. She is not related to any Director of the Company and is not debarred from holding the office by virtue of any SEBI Order or any other such authority.

Mittal Sections Ltd. has utilized a significant portion of the funds raised through its SME Initial Public Offer (IPO), with Rs.20.65 crore allocated towards capital expenditure. However, there is a deviation in the object of working capital, with an excess amount of Rs.0.29 crore utilized as per CARE's assessment, against the company's submission of unutilized amount of Rs.0.26 crore. This discrepancy amounts to Rs.0.55 crore. The company has confirmed that shareholder approval has been obtained for material deviations from the expenditures disclosed in the Offer Document. No changes in the means of finance for the disclosed objects of the issue have been observed, and all necessary government/statutory approvals related to the object(s) have been obtained.

Mittal Sections Ltd has appointed M/s. V.N. Vasani & Associates as the Secretarial Auditors, M/s. Nirav D. Shah & Co. as the Internal Auditors, and M/s. Milind Nyati & Co. as the Tax Auditors for the financial year 2025-26. The appointments were approved at the Board of Directors meeting held on 02/02/2026. The Secretarial Auditors are a Peer Reviewed Firm with over 12 years of experience in company law and secretarial compliance. The Internal Auditors, led by Mr. Nirav D. Shah, hold a degree of FCA and have over 20 years of experience in finance, taxation, audit, accounting, and advisory services. The Tax Auditors, Milind Nyati & Co., have rich experience in accounting, auditing, assurance, taxation, and corporate laws, and are led by over 26 partners and professional staff.

Mittal Sections Ltd has informed stakeholders about the change in the address of their Registrar and Transfer Agent (RTA). The new address is Office No. 303, Sun Square Complex, Near Chakradhari Society Bus Stop Girish Cold Drinks Cross Road C.G. Road, Navrangpura, Ahmedabad — 380009.