Saraswati Saree Depot Ltd

Saraswati Saree Depot Ltd has dispatched letters to shareholders with unregistered email IDs. These letters contain a web link to access the Notice for the 5th Annual General Meeting (AGM) and the Annual Report for FY 2025-26. This action complies with SEBI Listing Regulations and relevant circulars, ensuring all shareholders can access important company information. The company aims to facilitate easy access to these crucial documents for its members.

Saraswati Saree Depot Ltd has submitted its 6th Annual Report for the financial year 2025-26, along with the notice for its 6th Annual General Meeting (AGM). The AGM is scheduled for Friday, September 18, 2026, at 04:00 p.m. IST and will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM), adhering to recent MCA and SEBI circulars. The annual report and AGM notice are available for download on the company's website and the registrar's portal. The filing also details the company's board of directors, key managerial personnel, statutory auditors, and registered office information.

Saraswati Saree Depot Ltd has announced that its 6th Annual General Meeting (AGM) will be held on Friday, September 18, 2026, at 4:00 PM IST. The meeting will be conducted virtually via Video Conferencing (VC) or Other Audio-Visual Means (OAVM), in compliance with MCA and SEBI guidelines. Shareholders will have the opportunity to cast their votes electronically (remote e-voting) from September 15 to September 17, 2026. Key agenda items include the adoption of the Audited Standalone Financial Statements for FY26, the re-appointment of Mr. Mahesh Sajandas Dulhani as a director, and the appointment of PPC & Co as Statutory Auditors for a term of five years.

Saraswati Saree Depot Ltd. announced its unaudited standalone financial results for Q1 FY27, reporting a 1.9% year-on-year increase in Revenue from Operations to ₹1,475.90 Million. EBITDA saw a decline of 13.1% to ₹78.03 Million, while Profit After Tax (PAT) grew by 4.0% to ₹66.05 Million. The company highlighted a sequential revenue growth of 10.5% over Q4 FY26. Management cited elevated procurement costs as a pressure on margins, with a focus on operational efficiency and strengthening the retail presence. The company maintains a debt-free balance sheet and healthy liquidity.

Saraswati Saree Depot Ltd has responded to a clarification sought by the BSE regarding price movement on August 14, 2026. The company stated that all necessary disclosures have been made in line with SEBI Listing Regulations. They confirmed no price-sensitive or material information is pending disclosure that would impact the share price or volume. The recent stock movement is attributed to general market conditions. The company emphasized its full compliance with Regulation 30 of the Listing Regulations.

Saraswati Saree Depot Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, prepared by CRISIL Ratings Limited. The report, reviewed by the Audit Committee and Board on August 14, 2026, confirms that the utilization of Initial Public Offer (IPO) proceeds is in line with the disclosures made in the Offer Document. The IPO, which occurred between August 12-14, 2024, raised Rs 1,600.13 million, comprising a fresh issue of Rs 1,039.97 million and an Offer for Sale (OFS) of Rs 560.16 million. Net proceeds after issue expenses amounted to Rs 906.67 million.

Saraswati Saree Depot Ltd announced that its Board of Directors, in a meeting held on August 14, 2026, approved the unaudited financial results for the quarter ended June 30, 2026. The Board also approved the Board's report for the financial year ended March 31, 2026, and the notice for the 6th Annual General Meeting (AGM) scheduled for September 18, 2026. Additionally, the company approved the appointment of PPC & Co, Chartered Accountants, as its new Statutory Auditors for a term of five years, succeeding M/s. Sanjay Vhanbatte & Co.

Saraswati Saree Depot Ltd's Board of Directors convened on August 14, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026, along with the Limited Review Report. The Board also approved the Board's report for the financial year ended March 31, 2026, and the notice for the 6th Annual General Meeting (AGM) scheduled for September 18, 2026. A significant decision was the approval of the appointment of PPC & Co, Chartered Accountants, as the new Statutory Auditors for a term of five years, succeeding M/s. Sanjay Vhanbatte & Co.

Saraswati Saree Depot Ltd has announced that its Board of Directors will convene on August 14, 2026, at its registered office in Kolhapur. The primary agenda item is to consider and approve the un-audited financial results for the first quarter ended June 30, 2026. The company also noted that the trading window, which was closed on June 29, 2026, will remain shut for 48 hours following the declaration of these financial results. This meeting is being held in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Companies Act, 2013.

Saraswati Saree Depot Ltd has resubmitted its Annual Financial Results for the quarter and year ended March 31, 2026, along with a signed Statement on Impact of Audit Qualifications. This action addresses discrepancies raised by BSE and NSE regarding an unsigned statement previously submitted. The Board of Directors, in a meeting held on May 29, 2026, approved the audited financial results and the appointment of M/s. Ajit M. Joshi and Associates as Internal Auditors for FY 2026-27. The independent auditor's report indicates a qualified opinion, citing effects from a matter described in the Basis for Qualified Opinion paragraph.