SEYA INDUSTRIES LTD.

Seya Industries Ltd has filed its Annual Report for the Financial Year 2025-26, along with the notice of its 36th Annual General Meeting (AGM). The AGM is scheduled for September 30, 2026. The company is currently under Corporate Insolvency Resolution Process (CIRP) as ordered by the National Company Law Tribunal (NCLT) on November 2, 2023. Mr. Bhavesh Rathod has been appointed as the Interim Resolution Professional (IRP) to manage the company's affairs. Consequently, the powers of the Board of Directors are suspended and exercised by the IRP/RP. Certain SEBI regulations related to board committees are not applicable during the CIRP period.

Seya Industries Ltd has filed its un-audited standalone financial results for the quarter ended June 30, 2026. The company reported 'Other Income' of ₹383.72 Lakhs for the quarter. The financial statements were approved by the Interim Resolution Professional (IRP) based on the recommendation of an independent committee. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) initiated in November 2023. The results are prepared in accordance with Indian Accounting Standards (Ind AS 34) and have been reviewed by the statutory auditor, who has not expressed an audit opinion. The company operates in a single reportable segment: 'Speciality Chemical Intermediates'.

Seya Industries Ltd has released its standalone audited financial results for the quarter and year ended March 31, 2026. The results, approved by the Interim Resolution Professional (IRP) based on the recommendation of the independent committee, include an audit report with an unmodified opinion from the Statutory Auditors. The audit confirms the financial statements present a true and fair view in accordance with regulatory requirements and accounting standards.

Seya Industries Ltd has reported its unaudited standalone financial results for the quarter and nine months ended December 31, 2025. The results were reviewed by the Independent Committee constituted by the Interim Resolution Professional (IRP) and approved by the IRP. The company operates in the 'Speciality Chemical Intermediates' segment. The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) and are not audited by the statutory auditors. The company is currently in a dispute with certain lenders over the classification of credit facilities as Non-Performing Assets (NPA) and has not provided for interest costs on certain loans outstanding. The principal outstanding, finance costs, profit/(loss) & liabilities towards borrowings from banks/FIs/Others have been reported excluding the said amounts and are subject to confirmation from Lenders.

Seya Industries Ltd has released its unaudited standalone financial results for the quarter and half year ended September 30, 2025. The company's revenue from operations for the quarter is INR 515.36 Lakhs, with a total income of INR 1,507.20 Lakhs. The company's expenses for the quarter are INR 1,093.71 Lakhs, resulting in a profit from ordinary activities before exceptional items of INR 42.70 Lakhs. The profit from ordinary activities after tax for the quarter is INR (630.69) Lakhs. The company's total assets stand at INR 160,782.96 Lakhs as of September 30, 2025, with total liabilities of INR 160,676.00 Lakhs.

Seya Industries Ltd has released its Annual Report for the financial year 2024-25, along with the notice of the 35th Annual General Meeting (AGM). The company is undergoing Corporate Insolvency Resolution Process (CIRP) as per the Insolvency and Bankruptcy Code 2016. The powers of the Board of Directors are being exercised by the Interim Resolution Professional (IRP). The annual report includes the Audited Financial Statements, Reports of the Board of Directors, and Auditors. The notice of the AGM states that the meeting will be held on Tuesday, September 30, 2025, at 11:00 a.m. to transact ordinary business, including the consideration and adoption of the Audited Financial Statements for the year ended March 31, 2025.

Seya Industries Ltd. has disclosed that Mr. Ashok Ghanshyamdas Rajani, Mr. Asit Kumar Bhowmik, Mr. Sivaprasada Rao Buddi, and Mr. Amrit Ashok Rajani have preferred an appeal before the Hon'ble Securities Appellate Tribunal (SAT) against the order dated 02 May 2025 issued by SEBI. The Hon'ble SAT has passed an interim order dated 20 August 2025 directing SEBI not to precipitate the matter until the next date of hearing. The next date of hearing is scheduled for 08 September 2025.

Seya Industries Ltd, a company with CIN: L99999MH1990PLC058499, has reported its standalone unaudited financial results for the quarter ended June 30, 2025. The results were reviewed by the Independent Committee constituted by the Interim Resolution Professional (IRP) and approved by the IRP in their meeting held on August 14, 2025. The company has not provided for interest costs on certain loans outstanding due to an ongoing dispute with certain lenders. The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under section 133 of the Companies Act, 2013.

Seya Industries Ltd has announced its standalone audited financial results for the year ended March 31, 2025. The financial statements have been approved by the IRP based on the recommendation of the independent committee. The Statutory Auditors have issued an unmodified opinion in respect of the Annual Audited Standalone Financial Statements for the year ended March 31, 2025. The audit was conducted in accordance with the Standards on Auditing and the Company's Management and IRP are responsible for the preparation of these financial results.

The Securities and Exchange Board of India (SEBI) has passed a final order on Seya Industries Ltd and its five entities for alleged violation of certain provisions of the SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Act, 1992. The order was received on 5 May 2025. However, no direction or penalty has been issued against the company. The final order containing the details of the violations is available on SEBI’s Website. As of now, there is no impact on the financial, operational, or other activities of the Company pursuant to the Final Order dated 2 May 2025.