Dynamic Microsteppers Limited has appointed Ms. Preetraj Gulati as a Non-Executive Independent Director effective July 06, 2026, for a term of five years. The appointment, based on the recommendation of the Nomination and Remuneration Committee, is subject to shareholder approval at the ensuing General Meeting or within three months from the date of appointment, whichever is earlier. This strategic move aims to strengthen the company's governance structure with independent oversight.

The Board of Directors approved the appointment during its meeting held on July 06, 2026, which commenced at 8:35 p.m. and concluded at 9:00 p.m. Ms. Gulati's appointment aligns with the provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. She has confirmed that she is not debarred from holding the office of Director by any SEBI order or other authority.

Ms. Preetraj Gulati brings a strong academic background to the role. She is a Commerce graduate and holds a Master's degree in Commerce (M.Com.) from Devi Ahilya Vishwavidyalaya. Additionally, she holds a Bachelor of Education (B.Ed.) degree from the same university. Her extensive experience in the field of teaching has equipped her with strong knowledge and expertise through years of academic and professional engagement.

The appointment details were disclosed in a filing to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Ms. Gulati is not related to any of the existing Directors of Dynamic Microsteppers Limited, ensuring her independence in decision-making processes.

Key Details of Appointment

The appointment of Ms. Gulati is expected to enhance the board's diversity and expertise, contributing to the company's long-term growth and governance standards. Dynamic Microsteppers Limited continues to focus on strengthening its leadership team to drive strategic initiatives.

Dynamic Microsteppers Limited reported a widened net loss for the financial year ended March 31, 2026, primarily due to increased other expenses. The company's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 27, 2026.

The company recorded a net loss of ₹26,90,165 for FY26, compared to a loss of ₹16,44,854 in the previous year. For the quarter ended March 31, 2026, the net loss stood at ₹6,67,622. Total expenses for the year rose to ₹26,90,165, driven by other expenses which amounted to ₹26,90,165, up from ₹16,44,854 in FY25. The company reported zero income from operations for the period.

Financial Performance

The basic and diluted earnings per share (EPS) for FY26 were reported at (₹0.78), a decline from (₹0.48) in the previous year. For the quarter ended March 31, 2026, the EPS was (₹0.19). The paid-up equity share capital remained unchanged at ₹3,44,88,000 with a face value of ₹10 each.

Balance Sheet and Cash Flows

The company's total assets as of March 31, 2026, stood at ₹38,206 (in '00), slightly up from ₹37,569 in the previous year. Cash and cash equivalents improved significantly to ₹1,018 (in '00) from ₹352 (in '00) a year ago. Shareholders' funds reflected a deficit of ₹5,04,360 (in '00), widening from the previous year's deficit of ₹4,77,459 (in '00).

Cash flow from operating activities resulted in an outflow of ₹16,412 (in '00), while financing activities provided an inflow of ₹17,078 (in '00) primarily due to an increase in borrowings.

Auditor and Compliance

The statutory auditors, M/s. SSRV & Associates, Chartered Accountants, issued an audit report with an unmodified opinion on the financial results. The filing was submitted in compliance with Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The trading window for designated persons, which had been closed since April 1, 2026, will reopen 48 hours after the declaration of these results.