Sam Industries Limited announced the outcomes of its 4th Board Meeting held on August 13, 2026. The board approved the unaudited financial results for the quarter ended June 30, 2026, along with the Limited Review Report. Key decisions also included the re-appointment of Mr. Ashutosh A. Maheshwari as Whole-time Director for a three-year term and the scheduling of the 32nd Annual General Meeting for September 30, 2026.
Board Meeting Highlights
Sam Industries Limited convened its 4th Board Meeting on Thursday, August 13, 2026, where several significant decisions were made concerning the company’s financial performance and corporate governance. The meeting, which commenced at 2:00 PM and concluded at 3:00 PM, addressed critical items for the financial year 2026-27.
Financial Results and Review
The Board of Directors formally approved the Unaudited Financial Results for the quarter ended June 30, 2026. These results have been submitted along with the accompanying Limited Review Report, which has also been approved by the Board. For the quarter ended June 30, 2026, the company reported a revenue from operations of ₹371.13 Lakhs and a profit after tax of ₹46.09 Lakhs.
Director Re-appointment
A key agenda item was the consideration of the retirement by rotation of Mr. Ashutosh A. Maheshwari, a Whole-Time Director. The Board approved his re-appointment for a period of three consecutive years, commencing from October 1, 2026, to September 30, 2029. Mr. Maheshwari, an industrialist with over 32 years of experience, will continue to provide vision and guidance to the company.
Annual General Meeting Scheduled
The Board also decided that the 32nd Annual General Meeting (AGM) of the Company will be held on Wednesday, September 30, 2026, at 4:00 PM. The meeting will be conducted via Video Conferencing or Other Audio-Visual Means. To facilitate the AGM, the Register of Members and Share Transfer Registers will be closed from September 24, 2026, to September 30, 2026, inclusive. Furthermore, Wednesday, September 23, 2026, has been fixed as the cut-off date for remote e-voting.
Corporate Filings
The meeting also included the approval of the Board’s Report, the Corporate Governance Report, Management Discussion and Analysis Report, and other related annexures for the financial year ended March 31, 2026. The company also made disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the re-appointment of Mr. Maheshwari.
Auditor’s Review
The independent auditors, Arora Banthia & Tulsiyan, Chartered Accountants, provided a limited review report on the unaudited financial results. They stated that based on their review, nothing came to their attention that caused them to believe the accompanying statement of unaudited financial results was not prepared in accordance with Indian Accounting Standards and did not disclose required information or contained material misstatements.
Source: BSE
