E-Land Apparel Limited reported a net loss of ₹4,730.98 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹1,366.39 lakh in the previous year. The company's total income from operations for the year stood at ₹27,048.94 lakh, while the net loss for the quarter ended March 31, 2026, was ₹1,032.83 lakh. These audited financial results were approved by the Board of Directors during a meeting held on May 29, 2026.

Financial Performance

The company recorded a total income from operations of ₹9,091.86 lakh for the quarter ended March 31, 2026, up from ₹6,861.81 lakh in the preceding quarter. For the full year, total income decreased from ₹31,034.05 lakh in FY25 to ₹27,048.94 lakh in FY26. The net loss for the period before exceptional items was ₹4,391.97 lakh for the year. Reserves, excluding revaluation reserves, were reported at (₹60,909.39) lakh as of March 31, 2026.

Regulatory Disclosures

Pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published the audited financial results in newspapers, including the Financial Express and Prajavahini, on May 31, 2026. The filing was submitted to BSE Limited. The detailed results are available on the BSE website and the company's official website.

E-Land Apparel Limited has informed the stock exchanges regarding the resignation of its Independent Director, Mr. Guy Deuk Yeon. The resignation was tendered effective from the close of business hours on May 22, 2026. The company stated that the decision was driven by the director's preoccupation and certain personal commitments.

The resignation letter was received by the company on May 22, 2026. In his communication, Mr. Yeon confirmed that there are no other material reasons for his resignation apart from the personal commitments cited. He also requested the board to take the necessary steps to file the required e-forms with the Registrar of Companies, Bangalore.

Board Composition Changes

The change in the board composition was disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided the details of the cessation, including the director's DIN and the specific date of resignation.

Director’s Other Roles

According to the disclosures, Mr. Guy Deuk Yeon holds other directorships in listed entities. He serves as an Independent Director at CJ Darcl Logistics Limited. Additionally, he holds the position of Chairperson on the Nomination and Remuneration Committee of that company.

The resignation has been accepted by the board, and the necessary records are being updated.