Nila Spaces Ltd

Nila Spaces Ltd's board meeting on May 7, 2026, approved the appointment of M/s M P Doshi & Associates as Internal Auditor and M/s Dalwadi & Associates as Cost Auditor for the financial year 2026-27. The board also approved the audited standalone and consolidated financial statements and results for the year ended March 31, 2026, and appointed Mr. Prashant H Sarkhedi as Whole Time Director and Mr. Deep S Vadodaria as Chairman and Managing Director.

Nila Spaces Ltd's board meeting on May 7, 2026, approved audited financial statements for FY26. Mr. Prashant H Sarkhedi was appointed as Whole Time Director. Mr. Deep S Vadodaria was appointed as Chairman and Managing Director. M/s M P Doshi & Associates were appointed as Internal Auditor, and M/s Dalwadi & Associates as Cost Auditor for FY27.

Nila Spaces Ltd's board meeting on May 7, 2026, approved the audited standalone and consolidated financial statements and results for the financial year ended March 31, 2026. The board also approved the appointment of Mr. Prashant H Sarkhedi as Whole Time Director, Mr. Deep S Vadodaria as Chairman and Managing Director, M/s M P Doshi & Associates as Internal Auditor for FY27, and M/s Dalwadi & Associates as Cost Auditor for FY27.

Nila Spaces Ltd's Board of Directors approved the audited standalone and consolidated financial statements and results for the quarter and year ended March 31, 2026, during a meeting held on May 7, 2026. The board also approved the appointment of Mr. Prashant H Sarkhedi as Whole Time Director and Mr. Deep S Vadodaria as Chairman and Managing Director. Additionally, M/s M P Doshi & Associates and M/s Dalwadi & Associates were appointed as Internal Auditor and Cost Auditor for the financial year 2026-27, respectively.

Nila Spaces Ltd. has announced that its Board of Directors will convene on Thursday, May 7, 2026. The primary agenda for this meeting is to consider and approve the audited standalone and consolidated financial statements for the financial year ended March 31, 2026, along with the associated auditor and director reports. Additionally, the board will approve the audited standalone and consolidated financial results for the fourth quarter and the full year ended March 31, 2026. In compliance with the company's Code of Conduct for Prohibition of Insider Trading, the trading window close period will conclude 48 hours after the results are publicly disclosed on May 7, 2026.

On 27th March 2026, Siddharth Vadodaria, a significant shareholder of Nila Spaces Ltd, gifted 68,00,000 equity shares of the company to his mother, Mrs. Chhayaben R Vadodaria. This represents approximately 1.73% of the total, paid-up equity share capital of the company. The necessary disclosures have been submitted to the National Stock Exchange of India Limited in accordance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and SEBI (Prohibition of Insider Trading) Regulations, 2015.

Nila Spaces Ltd has announced the reconstitution of its committees following the resignation of Mr. Amit Chokshi as an Independent Director. The Board of Directors has appointed Mr. Shrinjay Joshi as the Chairperson for the Audit Committee and Stakeholder Relationship Committee. The latest composition of the committees is enclosed.

Nila Spaces Ltd has announced the closure of the trading window for dealing in the securities of the company. The closure is from April 0L,2026 till the expiry of 48 hours after the declaration of financial results for the quarter and year ended March 31,2026. This move is due to the approval of audited financial results for the quarter and year ended March 37,2026. Designated Persons of the company are advised not to deal in the securities of the company during the trading window closure period. Insiders are requested to abide by the 'Code of Conduct of the Company for Insider Trading'.

Nila Spaces Ltd. announced the resignation of its Independent Director, Mr. Amit R. Chokshi, with effect from the close of business hours on 30th January 2026. The resignation is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Chokshi has cited focusing on other life priorities and commitments as the reason for his resignation. He has confirmed that there are no other material reasons for his resignation.

Nila Spaces Ltd, a wellness-focused real estate developer, has announced its strategic plans for 2026 and beyond. The company aims to expand nationally, develop community-led residential formats, and invest in virtual engagement platforms and tokenised ownership models. Nila Spaces reported consolidated revenues of ₹5,220 lakh for Q3 FY26, with an EBITDA margin of 34.5%. The company's ROCE improved to 21.4% and ROE stood at 11.8%.