Garlon Polyfab Industries Limited appointed Ritesh Srivastava as Company Secretary and Compliance Officer effective August 22, 2026. The board made the appointment to fill the vacancy created by the resignation of Sushil Kumar Gupta.

Kumar Gupta tendered his resignation on July 31, 2026, citing personal reasons. He confirmed that there were no other material reasons for his departure. The company accepted the resignation with effect from July 31, 2026.

Srivastava is a Fellow member of the Institute of Company Secretaries of India (ICSI) with membership number F13274. He holds a Bachelor of Commerce and Bachelor in Law from CSJM University, Kanpur, and a Masters in Law from Noida International University.

The outgoing company secretary acknowledged receipt of outstanding remuneration and dues of ₹5 lakh via cheque dated July 31, 2026. He confirmed no further financial claims against the company.

Regulatory Disclosure

The company issued the intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure complies with Para A of Part A of Schedule III of the SEBI Listing Regulations.

Garlon Polyfab Industries Limited reported a net loss of ₹1.50 lakh for the quarter ended March 31, 2025, widening from a net loss of ₹1.22 lakh in the corresponding period of the previous year. The company recorded no income from operations during the quarter, resulting in a total loss of ₹3.24 lakh for the full fiscal year ended March 31, 2025. The financial results were audited by statutory auditor M/s. D.C. Shukla & Co., which issued an unmodified opinion on the statements.

The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2025, at a meeting held on May 29, 2025. The meeting commenced at 01:00 P.M. and concluded at 02:00 P.M. The audit report confirms that the standalone financial results are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company's financial statements for the period reflect nil revenue from operations. Total expenses for the quarter stood at ₹1.50 lakh, comprising employee benefit expenses of ₹0.36 lakh and other expenses amounting to ₹1.14 lakh. For the full year, total expenses reached ₹3.24 lakh, with employee benefit expenses at ₹1.44 lakh and other expenses at ₹1.80 lakh.

The basic and diluted earnings per share (EPS) for the quarter ended March 31, 2025, stood at (0.0033). For the full year, the basic and diluted EPS were recorded at (0.0070). The paid-up equity share capital of the company remained constant at ₹461.32 lakh.

Standalone Assets and Liabilities

The statement of assets and liabilities as of March 31, 2025, indicates a challenging financial position. The shareholders' fund reflected a deficit of ₹204.75 lakh, comprising a share capital of ₹461.32 lakh and negative reserves and surplus of ₹666.07 lakh. Total current assets were reported at ₹6.30 lakh, while total current liabilities stood at ₹211.05 lakh.

Cash Flow Statement

The cash flow statement for the year ended March 31, 2025, highlights a net increase in cash and cash equivalents of ₹430.46. The company generated cash primarily from financing activities, with net proceeds from borrowings amounting to ₹2,350.00. Cash generated from operations before working capital changes was negative at ₹3,249.57, though adjustments for provisions and trade payables resulted in a positive cash generated from operations of ₹1,330.03.