Borana Weaves Limited announced the resignation of Ms. Seema Luniya from the post of Company Secretary and Compliance Officer, a Key Managerial Personnel (KMP) role, effective from the close of working hours on June 1, 2026. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

The company stated that the resignation was due to an opportunity for career growth and professional advancement. In her resignation letter addressed to the Board of Directors, Ms. Luniya requested that the resignation be accepted and taken on record.

Ms. Seema Luniya expressed her gratitude to the Board of Directors and the management for their support, guidance, and opportunities during her tenure. She noted that her experience with the organization was valuable for her professional learning.

The resignation details were outlined in an annexure to the regulatory filing, confirming the cessation date and the reason for the change. The letter of resignation was attached to the disclosure as part of the compliance requirements.

Borana Weaves reported a 60.7% rise in net profit to ₹6,461.20 lakh for the financial year ended March 31, 2026, compared to ₹4,020.25 lakh in the previous year. Revenue from operations increased 33.9% to ₹38,859.30 lakh from ₹29,031.04 lakh in FY25. The company’s total assets grew to ₹36,636.86 lakh as of March 31, 2026, up from ₹15,594.54 lakh a year earlier.

The board of directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at its meeting held on May 14, 2026. The statutory auditors, KSA & Co., audited the results in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company operates a single reportable segment, Textile.

For the quarter ended March 31, 2026, the company recorded a profit of ₹1,720.74 lakh, a significant increase from ₹1,089.61 lakh in the same period last year. Revenue from operations for the quarter stood at ₹10,073.20 lakh, compared to ₹7,869.52 lakh in Q4FY25. Total expenses for the year rose to ₹31,837.67 lakh from ₹24,524.42 lakh in the prior year.

The statement of assets and liabilities showed a robust increase in equity, which rose to ₹28,157.52 lakh from ₹8,754.97 lakh. Borrowings, including non-current and current liabilities, totaled ₹6,950.45 lakh for the year ended March 31, 2026. Cash and cash equivalents improved to ₹168.45 lakh from ₹4.02 lakh at the end of the previous financial year.

Financial Results for FY26

Key Balance Sheet Metrics