Satia Industries Approves Q1 FY27 Unaudited Results, Schedules AGM for Sept 30
Satia Industries Limited approved its Unaudited Financial Results for the quarter ended June 30, 2026. The Board also approved the appointment of M/s Balwinder & Associates as Cost Auditors for FY 2026-27. The 45th AGM is scheduled for September 30, 2026, with the register of members closing from September 24-30, 2026.
The approval of quarterly results and the scheduling of the AGM are routine corporate actions. The appointment of a cost auditor is a standard procedural requirement. The financial performance shows a positive shift, but the impact is moderate as it pertains to a single quarter.
The company reported a profit for the quarter ended June 30, 2026, a positive turnaround from the loss in the prior year's comparable quarter. The approval of financial results and the schedule for the AGM indicate normal business operations.
Satia Industries Limited announced the outcome of its Board Meeting held on August 14, 2026. The Board approved the Unaudited Financial Results for the Quarter ended June 30, 2026. The company also approved the appointment of M/s Balwinder & Associates as Cost Auditors for the Financial Year 2026-27 and recommended their remuneration ratification by shareholders.
The 45th Annual General Meeting (AGM) of the company is scheduled to be held on Wednesday, September 30, 2026, at the Registered Office in VPO: Rupana, Malout-Muktsar Road, Distt: Sri Muktsar Sahib. Consequently, the Register of Members and Share Transfer Books will be closed from September 24, 2026, to September 30, 2026, inclusive. The record date for the purpose of dividend and reckoning voting rights for the AGM is set as Wednesday, September 23, 2026.
The financial results for the quarter ended June 30, 2026, show a Profit Before Tax of ₹2,912.00 Lakhs, compared to a loss of ₹96.70 Lakhs in the previous year's corresponding quarter. Total income for the quarter stood at ₹37,287.22 Lakhs. The company also noted a significant one-time, non-cash deferred tax charge impacting the Profit After Tax due to its transition to a concessional tax regime. Additionally, Satia Industries has undertaken a planned shutdown of Paper Machine 3 for approximately 5 months starting June 1, 2026, for refurbishment and modernization.
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