Anjani Synthetics has accepted the resignation of Ghumelia Abhilasha as an independent director, effective October 31, 2026. The company also appointed Bharat Trivedi to the board on August 31, 2026.

The acceptance follows a query from the Bombay Stock Exchange regarding the initial resignation intimation filed on August 31, 2026. The board approved these changes based on recommendations from the Nomination and Remuneration Committee.

Board Changes Details

The board meeting held on August 31, 2026, addressed multiple directorship changes. Sanjay Goverdhan Sharma retires by rotation and offers himself for re-appointment as executive director, subject to shareholder approval at the upcoming annual general meeting. He has over two decades of experience in sales and marketing.

Kuldeep Ashokbhai Shah is being re-appointed as an independent director for his second term of five financial years, effective October 30, 2026. He holds postgraduate and bachelor's degrees in commerce from the University of Gujarat and has experience in accounts, audit, and taxation.

Bharat Trivedi was appointed as an additional independent director effective August 31, 2026. Trivedi brings over 37 years of experience in the banking sector and holds a bachelor's degree in commerce and law. He is a member of the Institute of Company Secretaries of India.

Ghumelia Abhilasha cited other professional plans and unavoidable circumstances for her resignation. The company stated that there are no relationships between the directors involved in these changes.

Anjani Synthetics Limited reported a 14.2% rise in net profit to ₹379.07 lakh for the financial year ended March 31, 2026, driven by a 25.6% increase in revenue from operations to ₹28176.04 lakh. The company's board approved the standalone audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026.

The statutory auditor, Nahta Jain & Associates, issued an unmodified opinion on the financial results, confirming compliance with Indian Accounting Standards (Ind AS) and SEBI regulations. The results were reviewed and recommended by the Audit Committee before board approval.

Revenue from operations for the quarter ended March 31, 2026, stood at ₹7410.07 lakh, compared to ₹6303.05 lakh in the corresponding quarter of the previous year. For the full year, total income increased to ₹28218.69 lakh from ₹22468.35 lakh in FY25.

The company's expenses for FY26 totaled ₹27728.28 lakh, up from ₹22020.54 lakh in the previous year. Profit before tax for the year rose to ₹490.41 lakh from ₹447.81 lakh. The basic and diluted earnings per share (EPS) for the year increased to ₹2.57 from ₹2.25 in the prior year.

Financial Performance Summary

The balance sheet as of March 31, 2026, showed total assets of ₹16099.99 lakh, an increase from ₹15281.85 lakh in the previous year. Total equity rose to ₹8944.25 lakh from ₹8587.64 lakh, while total liabilities increased to ₹7155.74 lakh from ₹6694.21 lakh.

The company operates under a single reportable segment, "Textile". The financial results were prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.