Ganesha Ecosphere Limited has appointed Rajiv Kumar Saxena as an Additional Non-Executive Independent Director, effective August 3, 2026. The Board of Directors approved the appointment during a meeting held on the same date, following recommendations from the Nomination and Remuneration Committee. This move strengthens the company’s governance structure by adding a senior banking professional with extensive experience in corporate credit and risk management to its leadership team.

The appointment is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Saxena’s tenure will last for two consecutive years, subject to ratification by the members in the ensuing Annual General Meeting. He fulfills all independence criteria under the Companies Act, 2013 and the SEBI Listing Regulations and is not related to any existing director or Key Managerial Personnel of the company.

Director Profile

Mr. Rajiv Kumar Saxena (DIN: 08516656) brings three decades of experience from the State Bank of India, where he served as Chief General Manager at the SBI Corporate Centre in Mumbai. A Postgraduate in Mathematics from the University of Lucknow and a Certified Associate of the Indian Institute of Bankers, he has managed a business portfolio of approximately ₹1.5 trillion.

His expertise spans large corporate credit, MSME lending, high-value portfolio management, and corporate governance. Mr. Saxena has also led initiatives in digital banking adoption and ESG rating validations for over 500 corporates.

Appointment Details

The disclosure was filed with both the Bombay Stock Exchange and the National Stock Exchange of India Limited on August 3, 2026, citing SEBI Master Circular No. HO/49/14/14(7)2025CFDPOD2/I/3762/2026 dated January 30, 2026. The Board meeting commenced at 5:15 P.M. and concluded at 7:00 P.M.

Ganesha Ecosphere Limited has filed a corrigendum to its audited consolidated financial results for the quarter and year ended March 31, 2026, correcting a clerical error in the Trade Payables disclosure under Current Liabilities in the Statement of Assets and Liabilities. The company clarified that the correction does not impact the audited figures or any other disclosures made in the financial results, and that the total trade payables figure remains unchanged.

Trade Payable Correction Details

The inadvertent error pertained solely to the bifurcation of trade payables between micro and small enterprises and other creditors. The corrected figures are presented below:

The company confirmed that except for the error cited above, there is no change in any other figure. The revised financial results incorporating the above changes have been hosted on the company's website.

Consolidated Financial Performance — Quarter and Full Year

For the quarter ended March 31, 2026, consolidated revenue from operations stood at ₹42,394.13 lakh, compared to ₹34,437.99 lakh in the corresponding quarter of the previous year. Full-year consolidated revenue from operations was ₹1,48,166.29 lakh against ₹1,46,570.55 lakh in the previous year. The following table summarises the key consolidated financial metrics:

*Not annualised

Standalone Financial Performance

On a standalone basis, revenue from operations for the full year ended March 31, 2026 was ₹1,01,410.25 lakh compared to ₹98,387.91 lakh in the previous year. Standalone net profit for the year stood at ₹4,783.24 lakh against ₹7,548.07 lakh in the previous year.

*Not annualised

Balance Sheet and Key Investments

As at March 31, 2026, consolidated total assets stood at ₹2,00,337.97 lakh, up from ₹1,93,420.11 lakh as at March 31, 2025. Total consolidated equity increased to ₹1,27,567.10 lakh from ₹1,15,067.47 lakh. On a standalone basis, total assets were ₹1,54,915.29 lakh as at March 31, 2026 against ₹1,38,892.61 lakh in the previous year.

During the quarter, the company made the following investments in its subsidiaries and associate:

• Rs. 320.00 crore towards subscription of Compulsorily Convertible Cumulative Preference Shares of Ganesha Ecopet Private Limited, a wholly owned subsidiary
• Rs. 90.00 crore towards subscription of Compulsorily Convertible Cumulative Preference Shares of Ganesha Ecotech Private Limited, a wholly owned subsidiary
• Rs. 49.00 lakh towards subscription of Equity Shares of Ganesha Recycling Chain Private Limited, an Associate Company

Labour Codes Impact and Dividend

The Government of India, vide Notification dated November 21, 2025, notified the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020. In accordance with Ind AS 19, the consolidated group recognised past service costs of Rs. 110.92 lakhs in the previous quarter ended December 31, 2025, and an additional Rs. 96.07 lakhs in the current quarter, both included under employee benefit expenses. On a standalone basis, past service costs of Rs. 103.09 lakhs were recognised in the quarter ended December 31, 2025, with a further Rs. 96.81 lakhs recognised in the current quarter. The Board has recommended a dividend of Rs. 3.50 per share on equity shares of Rs. 10/- each for the financial year 2025-26, subject to approval of members at the forthcoming Annual General Meeting. The statutory auditors have issued an unmodified opinion on both the consolidated and standalone financial results for the year ended March 31, 2026.