EMA India Limited reported a widened net loss of ₹31.78 lakh for the quarter ended June 30, 2026 (Q1FY27), compared to a net loss of ₹11.53 lakh in the corresponding period of FY26. The deterioration in profitability was driven by total expenses of ₹31.84 lakh against nil revenue from operations, highlighting a continued absence of core business activity. The Board of Directors also approved the shifting of the company’s registered office from Uttar Pradesh to Maharashtra, following approval from the Regional Director.

The financial results were reviewed by the Statutory Auditors, B.C. Jain & Co., and approved by the Board on August 12, 2026. The filing was made pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the Board authorized Managing Director Akshay Shivaji Adhalrao to file necessary forms with the Registrar of Companies regarding the office relocation.

Financial Performance Overview

The company recorded no revenue from operations in Q1FY27, consistent with the previous quarter and the same period last year. Total income stood at ₹0.07 lakh, derived entirely from other income, which declined significantly from ₹1.14 lakh in Q4FY26. Expenses remained elevated at ₹31.84 lakh, primarily comprising employee benefits of ₹2.88 lakh and other expenses of ₹28.96 lakh.

What the Numbers Show

The widening net loss year-on-year, despite a reduction in absolute expense levels compared to Q4FY26, underscores the lack of revenue generation to offset fixed costs. While total expenses decreased from ₹60.87 lakh in the preceding quarter to ₹31.84 lakh in Q1FY27, the complete absence of operational revenue means every rupee spent contributes directly to the bottom-line loss. The company’s full-year FY26 profit of ₹618.31 lakh was largely driven by exceptional items of ₹793.27 lakh, whereas Q1FY27 shows no such non-recurring gains, exposing the underlying operational deficit.

Corporate Developments

The Board took note of Order No. AC4421604/13(4)/RD(NR-I)/2026/4171 dated July 28, 2026, passed by the Regional Director (Northern Region), approving the shift of the registered office from Uttar Pradesh to Maharashtra. The certified copy of the order was filed with the Registrar of Companies via e-Form INC-28 on August 01, 2026.

The 55th Annual General Meeting is scheduled for September 16, 2026, at 12:00 P.M. via Video Conferencing. The Register of Members and Share Transfer Books will remain closed from September 11, 2026, to September 16, 2026. The cut-off date for determining voting eligibility is September 10, 2026. Mr. Awashesh Dixit has been appointed as Scrutinizer for the e-voting process.

ema india announced the appointment of two directors following the conclusion of its postal ballot process on May 10, 2026. The resolutions were passed with the requisite majority, as confirmed by the scrutinizer's report submitted on May 12, 2026. The appointments were approved pursuant to the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The postal ballot and e-voting process, which commenced on April 11, 2026, sought shareholder approval for the appointment of Mr. Apurva Shivaji Adhalrao and Mr. Rajendra Senapati. The Board had approved the proposal to conduct the ballot during its meeting held on April 8, 2026.

Resolution 1: Appointment of Executive Director

Shareholders approved the appointment of Mr. Apurva Shivaji Adhalrao (DIN: 01239063) as a Director of the Company. He was initially appointed as an Additional Director in the category of Executive Non-Independent Director by the Board effective February 13, 2026. Following the shareholder approval, he is now liable to retire by rotation.

Resolution 2: Appointment of Independent Director

The company also appointed Mr. Rajendra Senapati (DIN: 10031791) as a Non-Executive, Independent Director. His appointment is based on the recommendation of the Nomination & Remuneration Committee and the Board. Mr. Senapati has declared that he meets the criteria for independence under Section 149(6) of the Companies Act, 2013 and Regulation 16(1)(b) and 17 of the SEBI LODR Regulations.

The Board authorized the Directors and Key Managerial Personnel to undertake all necessary actions, including filing requisite forms with the Ministry of Corporate Affairs, to give effect to these resolutions. Shri Awashesh Dixit of M/s Awashesh Dixit & Associates served as the Scrutinizer for the process.