Zetwerk Manufacturing Businesses Limited announced the approval of its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The board also approved the appointment of Mr. Dhanraj Dagar as Company Secretary and Compliance Officer, effective November 14, 2026, replacing Ms. Mania Sarkar. Additionally, amendments to the Articles of Association regarding board nomination rights were considered.
Board Approves Financial Results and Key Appointments
Zetwerk Manufacturing Businesses Limited has announced the outcome of its Board of Directors meeting held on November 13, 2026. The board inter-alia considered and approved the unaudited financial results for the quarter and half-year ended September 30, 2026. These financial results, along with the limited review report from S.R. Batliboi & Associates LLP, were approved following the recommendation of the Audit Committee.
Leadership Changes
In a significant governance update, the Nomination and Remuneration Committee recommended, and the board approved, the appointment of Mr. Dhanraj Dagar as the Company Secretary and Compliance Officer. This appointment is effective from November 14, 2026. Mr. Dagar succeeds Ms. Mania Sarkar, who will be transitioning to a different role within the Company and ceases to hold her current position at the close of business hours on November 13, 2026.
Articles of Association Amendment
The Board also resolved to propose an amendment to the Company’s Articles of Association. This amendment involves inserting new Article 127A into Part A, subject to the approval of the Company’s Members via a Special Resolution. The proposed Article 127A outlines specific rights for Promoter Directors and a Nominee Director from Accel India V (Mauritius) Limited concerning board nominations.
The unaudited standalone financial results for the quarter ended September 30, 2026, show a revenue from operations of ₹4,315.97 million, with a net loss for the period of ₹1,536.70 million. The consolidated financial results for the same period indicate revenue from operations of ₹45,993.59 million and a net loss for the period of ₹881.13 million.
Source: BSE
