Simandhar Impex Ltd

Simandhar Impex Ltd has announced its 3rd Annual General Meeting (AGM) scheduled for Monday, September 28, 2026, at 02:30 P.M. The meeting will be conducted via Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The company has also released its Annual Report for the Financial Year 2025-26, which includes the notice for the AGM. The report is available on the company's website. The filing is made pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Simandhar Impex Ltd has announced its 3rd Annual General Meeting (AGM) will be held on September 28, 2026, at 02:30 PM via Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The company has set September 21, 2026, as the cut-off date for determining member eligibility for remote e-voting and e-voting during the AGM. The remote e-voting period will run from September 24 to September 27, 2026. The cut-off date for entitlement to the AGM notice and Annual Report for FY 2025-26 is August 28, 2026. The Annual Report for FY 2025-26 will be sent electronically to shareholders.

Simandhar Impex Ltd announced that its Board of Directors, in a meeting held on August 5, 2026, approved significant amendments to the company's Memorandum of Association (MOA) and Articles of Association (AOA). These changes, subject to shareholder approval at the upcoming General Meeting, are intended to align the company's constitutional documents with its revised business plans and governance framework, following the successful acquisition of control and management. The amendments include expanding the object clauses in the MOA to cover a wider range of business activities such as trading, manufacturing, and investment in subsidiaries, and adopting a new set of AOA to comply with the Companies Act, 2013.

Simandhar Impex Ltd has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a total income from operations of ₹7.63 Cr and total expenses of ₹14.19 Cr, resulting in a net loss of ₹6.56 Cr for the quarter. This compares to a net profit of ₹6.18 Cr in the previous quarter (ended March 31, 2026) and a net loss of ₹0.23 Cr in the same quarter last year (ended June 30, 2025). Basic and diluted earnings per share stood at ₹-0.02 for the current quarter.

Simandhar Impex Limited's Board of Directors met on August 5, 2026, approving the unaudited standalone financial results for the quarter ended June 30, 2026. The board also approved the appointment of M/s. V.K. Surana & Co. as the Internal Auditor for FY 2026-27. Additionally, subject to shareholder approval, the company plans to increase its borrowing limits from ₹100 crore to ₹500 crore and create security over its assets to secure these borrowings. Approval for limits under Section 186 of the Companies Act, 2013, was also granted, pending member approval.

Simandhar Impex Ltd has announced that its Board of Directors will convene on August 5, 2026. The primary agenda item for this meeting is to consider, approve, and take on record the Unaudited Standalone Financial Results for the first quarter ended June 30, 2026. Additionally, the board will review the Limited Review Report from the company's statutory auditor concerning these financial results. This meeting is being held in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Simandhar Impex Ltd has announced the appointment of M/s. Deepti Joshi & Associates as its Secretarial Auditor for the Financial Year 2026-27. The decision was approved by the Board of Directors at a meeting held today. The firm, a Practising Company Secretaries based in Nagpur, holds a valid Peer Review Certificate. They are not related to any directors, KMPs, promoters, or promoter group members of the company. This appointment is in compliance with SEBI (LODR) Regulations, 2015.

Simandhar Impex Limited announced the resignation of Mr. Prashant Avantilal Vora from the positions of Managing Director and Key Managerial Personnel (KMP). The resignation was approved by the Board of Directors on June 30, 2026, and is effective from the conclusion of the same meeting. The resignation is consequent to a change in control and management of the company due to a Share Purchase Agreement executed on January 14, 2026. The Board has appointed the existing Executive Director as the new Chief Executive Officer (CEO) and KMP to ensure operational continuity.

Simandhar Impex Limited announced the resignation of three directors: Mr. Prashant Avantilal Vora (Managing Director and Key Managerial Personnel), Mr. Harsh Prashant Vora (Chairperson and Non-Executive Non-Independent Director), and Mr. Tejas Devendra Shah (Non-Executive Independent Director). The resignations were effective from the conclusion of the Board Meeting held on June 30, 2026. The company also approved the appointment of new directors to ensure continuity in governance and operations, with separate disclosures to be submitted. The reasons for resignation for the independent directors are detailed in separate annexures.

Simandhar Impex Limited announced the resignation of Mr. Harsh Prashant Vora as Chairperson and Non-Executive Non-Independent Director, effective June 30, 2026. This resignation follows a change in control and management of the company due to a Share Purchase Agreement executed on January 14, 2026. The Board of Directors has approved the appointment of a new Non-Executive Non-Independent Director as Chairperson to ensure governance continuity. Mr. Vora confirmed no other material reasons for his resignation beyond the change in control.