Storage Technologies and Automation Ltd

Storage Technologies and Automation Ltd reported audited financial results for the year ended March 31, 2026. Consolidated revenue declined by 15.4% YoY to ₹849.70 Mn, resulting in a net loss attributable to shareholders of ₹32.74 Mn compared to a profit of ₹35.51 Mn in FY25. Standalone revenue decreased by 10.18% to ₹848.00 Mn, with a net loss after tax of ₹31.27 Mn versus a profit of ₹32.19 Mn in the previous year. The board approved the standalone and consolidated financial statements with unmodified audit reports from M/s. MSSV & Co.

Storage Technologies and Automation Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the Standalone and Consolidated Financial Statements for the second half year and year ended March 31, 2026, along with the Audit Report. The meeting is being held pursuant to Regulation 29 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015.

Storage Technologies and Automation Ltd has announced the closure of the trading window for designated persons and insiders from April 1st, 2026 till 48 hours after the Board Meeting for consideration and approval of financials for the half year and year ended 31.03.2026. This decision is in accordance with the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 and SEBI (Prohibition of Insider Trading) Regulations 2015, and the STAL Code. The date of the board meeting will be informed in due course.

The Board of Directors of Storage Technologies and Automation Ltd. has approved, pursuant to Section 179(3)(d) and other applicable provisions of the Companies Act, 2013, borrowing a sum not exceeding ₹16.50 crore for the purpose of purchasing land and constructing a factory building. The decision was made during a Board meeting held on 9th March 2026, which commenced at 05.45 p.m. and concluded at 9.30 p.m.

Hanif Abdul Gaffar Khatri, Promoter and Chairman and Director of Storage Technologies and Automation Limited, has acquired 0.13% shares of the company from the open market. The acquisition took place on two dates: 23-12-2025 and 24-12-2025. A total of 16,800 shares were acquired, with 5,600 shares acquired on 23-12-2025 and 11,200 shares on 24-12-2025. The acquisition was made when the promoter was not in possession of any unpublished price sensitive information (UPSI).

Hanif Abdul Gaffar Khatri, Promoter and Chairman of Storage Technologies and Automation Ltd, has acquired 0.13% shares of the company. The acquisition was made through open market on 23rd and 24th December 2025. The total number of shares acquired are 16,800, which is 0.13% of the total paid-up shares. This acquisition was made when the promoter was not in possession of any unpublished price sensitive information.

Hanif Abdul Gaffar Khatri, Promoter and Chairman of Storage Technologies and Automation Limited, has acquired 0.13% shares of the company. The acquisition was made through the open market on 18th and 19th December 2025. The total number of shares acquired is 16,800. This acquisition has increased Hanif Abdul Gaffar Khatri's total holding to 36.57%.

Storage Technologies and Automation Ltd has received an order from the GST Department, Karnataka, pertaining to FY 2021-22, involving a penalty of ₹20,000. The penalty has been imposed in accordance with Section 73(9) of the Karnataka Goods and Services Tax Act, 2017 and the Central Goods and Services Tax Act, 2017. The company has adhered to the requirements laid down in Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, and will keep the exchange duly informed of any information as required under the said regulations.

Storage Technologies and Automation Ltd has received an order under section 7 of the KGST Act on 18-12-2025 from the GST Department, Karnataka, pertaining to FY 2021-22. The order involves tax of 6,376/-, interest of 4,208/- and penalty of 20,000/-, aggregating to 30,584/. The Company is examining the order and will take appropriate steps as required. This penalty has been imposed in accordance with Section 73(9) Karnataka Goods and Services Tax Act, 2017 (‘KGST Act’) and of the Central Goods and Services Tax Act, 2017 (‘CGST Act’).

Hanif Abdul Gaffar Khatri, Promoter and Chairman of Storage Technologies and Automation Limited, has acquired 16,800 equity shares from the open market. This represents 0.13% of the total paid-up shares of the company. The acquisition was made in two transactions on 18th and 19th December 2025.