Gratex Industries Limited has officially communicated to BSE Limited regarding the non-applicability of the Annual Secretarial Compliance Report for the financial year ended 31st March, 2026. The announcement was made through a formal letter dated 8th April, 2026, signed by Managing Director Karan Baldevkrishan Sharma.

Regulatory Exemption Details

The company has informed that the Annual Secretarial Compliance Report as specified under Regulation 24A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018 is not applicable to the company. This exemption is based on the company's previous claim under Regulation 15(2) of the SEBI (LODR) Regulations, 2015.

BSE Circular Compliance

The communication references BSE Circular LIST/COMP/10/2019-20 dated 9th May, 2019, and clarification circular LIST/COMP/12/2019-20 dated 14th May, 2019. According to these circulars, companies that have claimed exemption under Regulation 15(2) and submitted Non-Applicability Certificate for Corporate Governance Report are not required to submit additional documents or disclosures for claiming exemption from the Annual Secretarial Compliance Certificate.

Corporate Governance Status

Gratex Industries Limited has previously submitted a Non-Applicability Certificate for Corporate Governance Report under the exemption provisions. This existing exemption status automatically extends to the Annual Secretarial Compliance Report requirement, eliminating the need for separate documentation or disclosure submissions for FY26.

The company has requested BSE to take this communication on record, ensuring compliance with all applicable regulatory disclosure requirements while maintaining its exempted status under the relevant SEBI regulations.

Gratex Industries Limited has announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results during their meeting held on February 11, 2026, in compliance with Regulations 30 and 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Financial Performance Overview

The company's financial performance for the third quarter of FY26 showed mixed results compared to the previous year. Revenue from operations declined marginally while profitability was impacted by various operational factors.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Gratex Industries demonstrated resilience with improved profitability despite a slight decline in revenue. The company maintained steady operations across its core business segments.

Expense Structure and Cost Management

The company's expense management showed notable variations across different categories during Q3FY26. Cost of materials consumed decreased to ₹30.56 lacs from ₹31.63 lacs in the corresponding previous quarter. Employee benefit expenses also declined to ₹22.15 lacs compared to ₹23.85 lacs in Q3FY25.

Business Operations and Regulatory Compliance

Gratex Industries operates primarily in the wallpaper and furnishing products business. According to the company's disclosure, there are no separate reportable segments as per Accounting Standard 108 dealing with Segment Reporting, indicating a focused business approach. The company maintained a stable capital structure with paid-up equity share capital of ₹303.48 lacs at face value of ₹10.00 per share.

Board Meeting and Trading Window

The Board of Directors meeting commenced at 01:00 p.m. and concluded at 02:30 p.m. on February 11, 2026. The unaudited financial results have been reviewed by the Audit Committee and subjected to limited review by the statutory auditors, Harshal Doshi & Associates, Chartered Accountants. In accordance with insider trading regulations, the company has implemented trading window restrictions for designated persons until February 13, 2026. The results comply with Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013.