Callista Industries Limited shareholders approved all eight resolutions at its annual general meeting held on September 3, 2026. The voting process, conducted via remote e-voting and during the meeting, saw unanimous support for key corporate actions.

The company secured approval for special resolutions to shift its registered office from Gujarat to Maharashtra and alter the corresponding clause in its Memorandum of Association. Shareholders also approved ordinary resolutions to increase the authorized share capital and adopt the audited financial statements for FY26.

Voting Participation

Voting was conducted through remote e-voting and e-voting during the meeting. A total of 978 shareholders were on record as of August 27, 2026. Only nine shareholders attended the meeting via video conferencing, comprising one promoter group member and eight public members. No shareholders were present in person or through proxy.

Resolution Outcomes

All resolutions received unanimous support from the votes cast. Promoter and promoter group shares held stood at 771,766, while public non-institutional shares held totaled 8,774,822. Institutional public holdings were nil.

For the resolution regarding material related-party transactions, promoter group members abstained from voting as they were interested parties. Consequently, the resolution passed based solely on votes from public non-institutional shareholders. Two thousand six hundred sixty votes from the promoter group were declared invalid for this specific item.

M/s. Nidhi Bajaj & Associates served as the scrutinizer for the meeting. The results were submitted to BSE Ltd on September 5, 2026.

CHPL Industries Ltd reported a contraction in both top-line and bottom-line figures for the first quarter of FY27, reflecting a challenging operating environment compared to the prior year period.

CHPL Industries posted standalone total income from operations of ₹1,720.19 lakh for the quarter ended June 30, 2026, down from ₹2,487.13 lakh in the corresponding quarter of FY26. This represents a year-on-year decline of approximately 31%. The company’s standalone net profit after tax stood at ₹1,034.43 lakh, a decrease from ₹1,623.22 lakh recorded in Q1FY26.

Financial Performance

The Board of Directors approved the unaudited financial results during its meeting held on August 13, 2026. The figures indicate a broad-based slowdown in profitability metrics across the board.

On a sequential basis, the revenue decline continued from the immediately preceding quarter. Standalone income for Q4FY26 was ₹1,999.75 lakh, indicating a quarter-on-quarter drop of roughly 14% in the current period. Similarly, standalone net profit before tax fell to ₹1,343.37 lakh from ₹1,634.42 lakh in Q4FY26.

Consolidated Results

Consolidated figures mirrored the standalone trend. Consolidated total income from operations decreased to ₹1,898.32 lakh in Q1FY27 from ₹2,488.82 lakh in Q1FY26. Consolidated net profit after tax declined to ₹1,042.10 lakh, compared to ₹1,596.09 lakh in the prior year quarter.

What the Numbers Show

The divergence between the pre-tax profit decline (-38.5%) and the post-tax profit decline (-36.3%) suggests a slight improvement in effective tax rate management or other comprehensive income adjustments relative to the sharp drop in operational earnings. However, with both revenue and profit contracting significantly year-on-year, the primary signal is a reduction in scale and margin efficiency during the quarter.

The full format of the quarterly results is available on the stock exchanges’ websites and the company’s official portal.