Shadowfax Technologies Ltd

Shadowfax Technologies Ltd has appointed M/s S.R. Batliboi & Associates LLP as the new Statutory Auditor for a five-year term, starting from the conclusion of the 11th AGM until the 16th AGM (FY 2030-31), subject to shareholder approval. Additionally, M/s Grant Thornton Bharat LLP has been re-appointed as the Internal Auditors for FY 2026-27. This decision was made during the Board meeting held on May 14, 2026, following the retirement of the previous auditor, M/s. B S R & Co. LLP.

Shadowfax Technologies Ltd submitted a Monitoring Agency Report by CARE Ratings Limited for the quarter ended March 31, 2026, in compliance with SEBI regulations regarding the utilization of IPO proceeds. The report indicates no deviations from the stated objectives of the IPO. The report is available on the company's website.

Shadowfax Technologies Ltd announced its FY26 results, reporting a revenue of ₹4,202 Cr, a 69% YoY growth. The company's adjusted EBITDA stood at ₹159 Cr, more than double compared to FY25. Profit after tax (PAT) for the year was ₹112 Cr, a significant increase from ₹6 Cr in FY25. In Q4 FY26, Shadowfax achieved its highest ever quarterly revenue of ₹1,237 Cr, with a growth of 73.6% YoY. The company delivered 72.6 Cr orders in FY26, a 66.4% YoY growth.

Shadowfax Technologies Ltd. announced the approval of its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, during a Board of Directors meeting held on May 14, 2026. The meeting commenced at 1:27 p.m. (IST) and concluded at 3:14 p.m. (IST). The results and auditor's reports are available on the company's website.

Shadowfax Technologies Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, in a meeting held on May 14, 2026. The board meeting commenced at 01:27 p.m. (IST) and concluded at 3.14 p.m. (IST). The financial results and auditor's reports are enclosed with the filing and available on the company website.

Shadowfax Technologies Ltd has scheduled a Board of Directors meeting on May 14, 2026, to consider and approve the audited standalone and consolidated 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 reopen 48 hours after the declaration of the audited financial results. The company will also hold an earnings call to discuss the financial results, with details to be announced separately.

Shadowfax Technologies Limited has launched 'Shadowfax 360', a proprietary unified digital shipping portal designed for Small and Medium Enterprises (SMEs) and Direct to Consumer (D2C) brands. The platform enables businesses to register and commence shipping nationwide in minutes, covering over 15,000 pincodes across 2,500 cities. Key features include a transparent flat-rate billing model, one-click integrations with major sales channels like Shopify and WooCommerce, an AI-driven RTO Predictor, and the industry's fastest Cash on Delivery (COD) remittance cycles. Shadowfax 360 imposes no minimum order requirements, making enterprise-grade logistics accessible to all SMEs. This launch is expected to drive new customer acquisition and diversify the company's merchant base.

Shadowfax Technologies Limited has launched "Shadowfax 360," a proprietary unified digital shipping portal designed for Small and Medium Enterprises (SMEs) and Direct-to-Consumer (D2C) brands. This platform enables businesses to register and commence shipping across 15,000+ pincodes in 2,500 cities within minutes. Key features include a transparent flat-rate billing model, one-click integrations with major sales channels like Shopify and WooCommerce, an AI-driven RTO Predictor, and fast Cash on Delivery (COD) remittance cycles. The self-serve portal eliminates traditional logistics onboarding hurdles and volume commitments, making enterprise-grade logistics accessible to all SMEs. This initiative aims to scale Shadowfax's seller ecosystem, diversify its merchant base, and drive new customer acquisition and volume growth.

Shadowfax Technologies is completing its acquisition of Criticalog India Private Limited (CIPL) by purchasing the final tranche of equity shares, which will make CIPL a wholly-owned subsidiary. Shadowfax had previously acquired 89.59% of CIPL's total shareholding for a consideration of ₹481.55 million. CIPL, engaged in freight management and supply chain, reported a turnover of ₹1080.53 million as of March 31, 2025. The acquisition is a strategic move to strengthen Shadowfax's capacity for high-value shipments and is expected to conclude by April 2026. This transaction is classified as a related party transaction.

Shadowfax Technologies Ltd has announced the closure of its trading window for designated persons, their immediate relatives, and other insiders. The closure will be effective from April 01, 2026, and will reopen after 48 hours from the announcement of the financial results for the quarter and financial year ended March 31st, 2026. This decision is in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the 'Code of Conduct for Regulating, Monitoring and Reporting of Trading by Designated Persons and their immediate relatives' of the company.