Yajur Fibres Ltd

Yajur Fibres Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, issued by CARE Ratings Limited. The report confirms that the utilization of IPO proceeds, aggregating to ₹120.408 crore, has been in accordance with the disclosures in the Offer Document. While funds were initially routed through a cash credit account and later transferred for capex, the company clarified that this was for operational convenience and all transactions are accounted for and traceable. No material deviations were observed, and necessary approvals for capex are in progress for a subsidiary, Yashoda Linen Yarn Limited.

Yajur Fibres Limited announced its financial results for H2-FY2026 and FY2026, impacted by adverse global market conditions and supply chain disruptions. Despite these challenges, the company maintained a consolidated operating margin of 15% and reduced consolidated borrowings by ₹20 crore. A strategic decision was made to cease trading operations at Yashoda Linen Yarn Limited to focus on the Ujjain manufacturing unit. Total assets grew by 64%, reflecting investment in future manufacturing capacity. The company anticipates recovery driven by macro stabilization, production ramp-up, and sustained domestic demand.

Yajur Fibres Ltd's Board of Directors approved the audited standalone and consolidated financial results for the half and financial year ended March 31, 2026, in a meeting held on May 25, 2026. The results, along with the auditor's report from M/s. R Kothari & Co LLP, which expressed an unmodified opinion, will be available on the company's website and stock exchanges. The board meeting commenced at 2:40 p.m. and concluded at 5:00 p.m.

Yajur Fibres Ltd. confirms no deviations or variations in the utilization of funds raised through its Initial Public Offer (IPO) for the half-year and financial year ended March 31, 2026. The funds were allocated as per the "Object of Issue" stated in the Prospectus, with ₹6423.68 lakhs utilized out of the ₹12,040.80 lakhs raised.

Yajur Fibres Ltd. has announced its audited standalone and consolidated financial results for the half and financial year ended March 31, 2026. The Board of Directors approved the results at a meeting held on May 25, 2026. The statutory auditors, R Kothari & Co LLP, issued an audit report with an unmodified opinion on the standalone and consolidated financial statements. The results are available on the company's website and stock exchanges.

Yajur Fibres Ltd has scheduled a Board of Directors meeting on May 25, 2026, to consider and approve the audited standalone and consolidated accounts for the half year and financial year ended March 31, 2026. The trading window remains closed until 48 hours after the announcement of the financial results.

In accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011, Ashish Kankaria, on behalf of the promoters and promoter group of Yajur Fibres Ltd, has declared that no encumbrance was created on the shares of the company, directly or indirectly, during the financial year ending on March 31, 2026. This disclosure is intended for the promoters' yearly compliance under the aforementioned regulation.

Yajur Fibres Ltd has appointed Mrs. Punita Sharma as the Company Secretary & Compliance Officer (Key Managerial Personnel) and Mr. Suvadeep Dey as the Internal Auditor for the financial year 2026-27. Mrs. Punita Sharma is a qualified Company Secretary with over 10 years of experience in corporate laws, secretarial compliance, corporate governance, and regulatory matters. Mr. Suvadeep Dey is a qualified Chartered Accountant with extensive experience in accounting, auditing, taxation, and financial advisory. Neither of the appointees is related to any Director or Key Managerial Personnel of the Company.

Yajur Fibres Ltd has announced the closure of the trading window for all Designated Persons for dealing in securities of the Company. The closure is in accordance with the Company’s Code of Conduct for Prevention of Insider Trading and SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window will remain closed from April 1, 2026, till the completion of 48 hours after the declaration of Audited Financial Results of the Company for the half and financial year ended March 31, 2026. The date of the Board of Directors' meeting to approve the Audited Financial Results will be informed in due course.

A civil suit has been filed against Yajur Fibres Ltd by the National Jute Board before the Hon’ble High Court at Calcutta. The suit, which was initially dismissed and then refiled, alleges wrongful subsidy claims by the company. The expected financial implications cannot be determined at this stage as the matter is still under consideration. The principal amount of the claim stands at Rs. 1,02,43,393/- plus interest amounting to Rs. 2,52,61,748.14/-.