Saffron Industries Limited

Saffron Industries Ltd has issued a clarification regarding a discrepancy in the submission of its audited financial results for the fiscal year ended March 31, 2026. The company stated that the omission of certain pages in the PDF submission of standalone quarterly financial results was an inadvertent procedural oversight during electronic compilation, not a deliberate attempt to withhold information. The financial figures submitted in XBRL format remain accurate and unchanged. The company has re-submitted the complete set of standalone financial results in PDF format to ensure full compliance and transparency, and has reinforced internal checks to prevent recurrence.

Saffron Industries Ltd. announced the appointment of Mr. Sanyam Sunil Jain as the Company Secretary and Compliance Officer, effective June 27, 2026. The decision was made by the Board of Directors based on the recommendation of the Nomination & Remuneration Committee. Mr. Jain, an Associate member of The Institute of Company Secretaries of India, brings expertise in secretarial, legal, and finance functions. He has been designated as Key Managerial Personnel. The board meeting to approve this appointment commenced at 2:00 PM and concluded at 2:30 PM on June 27, 2026.

Saffron Industries Ltd has announced the closure of its trading window for dealing in the company's shares. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended. The trading window will be shut from July 1, 2026, until 48 hours after the declaration of financial results for the quarter ending June 30, 2026. Designated persons, directors, employees, and their immediate relatives are prohibited from trading in the company's shares during this period.

Saffron Industries Ltd's Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, as recommended by the Audit Committee. The results include an auditor's report with an unmodified opinion. Mr. Gopal M. Choudhary was re-appointed as the Internal Auditor for the Financial Year 2026-27. The board meeting commenced at 2:15 PM and concluded at 3:00 PM on May 30, 2026.

Saffron Industries Ltd. has approved the audited standalone financial results for the quarter and year ended March 31, 2026, as recommended by the Audit Committee. The Board of Directors approved the results at its meeting held on May 30, 2026. The company also re-appointed Mr. Gopal M. Choudhary as an Internal Auditor for the Financial Year 2026-27. The meeting commenced at 2:15 PM and concluded at 3:00 PM.

Saffron Industries Ltd has scheduled a Board of Directors meeting on May 30, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The trading window for dealing in the company's securities has been closed from April 1, 2026, and will remain closed until 48 hours after the audited financial results are communicated to the stock exchange and made public.

Saffron Industries Ltd. responded to an exchange query regarding significant movement in its share price. The company clarified that there is no material information, event, or impending announcement, as per Regulation 30 of SEBI (LODR) Regulations, 2015, that has not been disclosed and could impact the share price. They stated that all material information has been promptly disclosed. The company believes the recent price movement is purely market-driven, influenced by general market conditions and investor sentiment, particularly in the real estate sector. Saffron Industries, engaged in real estate development, reiterated that there are no undisclosed material developments related to its projects, operations, or financial performance that could have caused the observed price movement.

Saffron Industries Ltd has announced the closure of the trading window for dealing in the company's shares. The closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will remain closed from 151 April, 2026 till the expiry of 48 hours after the declaration of the financial results for the quarter ending 31 51 March, 2026. All Designated Persons, Directors, Designated Employees, Connected persons and their immediate relatives are advised not to trade in the company's shares during this period.

Saffron Industries Limited announced its unaudited financial results for the quarter and nine months ended on 31st December, 2025. The company's revenue from operations is Rs. 15,353 lakhs for the quarter and Rs. 292,052 lakhs for the nine-month period. The profit before tax is Rs. (29,473) lakhs for the quarter and Rs. (203,768) lakhs for the nine-month period. The company is engaged in businesses of paper manufacturing, construction, and real estate development.

Saffron Industries Limited announced its unaudited financial results for the quarter and nine months ended on 31st December 2025. The company's revenue from operations was INR 1,88,30,000 for Q3 and INR 5,43,03,000 for the nine-month period. The total income for Q3 was INR 2,02,95,000 and INR 6,16,75,000 for the nine-month period. The company reported a profit before tax of INR 22,84,000 for Q3 and INR 2,03,76,000 for the nine-month period.