Alfa Transformers reported a net loss of ₹159.14 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹100.88 lakh in the previous year. The company's total income from operations for FY26 stood at ₹3274.23 lakh, a decrease from ₹5078.41 lakh in FY25. For the quarter ended March 31, 2026, the company recorded a net loss of ₹104.85 lakh on a total income of ₹1023.02 lakh. The audited financial results were reviewed by the Audit Committee and approved by the Board of Directors at a meeting held on May 30, 2026.

The Board appointed M/s. Goutam & Co as the new Statutory Auditors for a period of five years, starting from the conclusion of the 44th Annual General Meeting (AGM) until the conclusion of the 49th AGM. This appointment follows the mandatory rotation of auditors under Section 139 of the Companies Act, 2013, as M/s. PAMS & Associates completed their maximum permitted term. M/s. Goutam & Co, who previously served as Internal Auditors for FY 2025-26, resigned from that role on May 26, 2026, prior to this elevation.

The company appointed M/s. PBM & Associates as Internal Auditors for a two-year term from the conclusion of the 44th AGM to the conclusion of the 46th AGM. Additionally, M/s. Saroj Ray & Associates were re-appointed as Secretarial Auditors for FY2026-27. These appointments are subject to shareholder approval.

Director Re-appointments

The Board approved the re-appointment of Mr. Dillip Kumar Das as Managing Director for one year, effective from July 19, 2026, to July 18, 2027. Mr. Debasis Das was re-appointed as Whole Time Director for two years, effective from March 31, 2026, to March 30, 2028. Both appointments are subject to shareholder approval.

Mr. Rashmi Ranjan Sathapathy and Mr. Prem Sagar Mishra were re-appointed as Independent Directors for a second term of two years, commencing from July 30, 2026, to July 29, 2027. The Board also decided to implement the FIFO method for stock valuation in place of the Weighted Average method.

Key Appointments and Terms

Alfa Transformers Limited has informed BSE Limited of a scheduled Board of Directors meeting on Saturday, May 30, 2026, at 3:00 P.M. The intimation, dated May 18, 2026, was filed under Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The primary purpose of the meeting is to consider, approve, and take on record the Audited Standalone Financial Results of the company for the quarter and year ended March 31, 2026.

Board Meeting Agenda

The Board of Directors is set to deliberate on a range of significant matters during the upcoming meeting. The following items have been listed on the agenda:

Trading Window Closure

In continuation of its earlier intimation dated March 23, 2026, Alfa Transformers has further informed that the trading window for dealing in the company's securities shall remain closed until 48 hours after the declaration of the audited financial results. This measure is in accordance with applicable SEBI regulations governing insider trading restrictions during periods of unpublished price-sensitive information.

Company Overview

Alfa Transformers Limited is an ISO 9001:2015 certified company with manufacturing plants located at Mancheswar Industrial Estate, Bhubaneswar, Odisha, and at G.I.D.C Estate, Waghodia, Vadodara. The filing was signed by Choudhury Sanjay Kumar Das, Compliance Officer and Company Secretary (M. No.: A29331), on May 18, 2026.