Heranba Industries has postponed its board meeting scheduled for August 14, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company cited ongoing data validation and reconciliation processes necessitated by the implementation of a new Enterprise Resource Planning (ERP) system as the primary reason for the delay.

In a communication to stock exchanges on August 12, 2026, the company stated that management and statutory auditors identified matters requiring further verification during the review of financial closure procedures. These issues arose during the transition from the legacy ERP system to the new platform.

Key Reconciliation Areas

The company highlighted several specific areas requiring comprehensive verification to ensure the financial results present a true and fair view:

• Validation of opening balances
• Reconciliation of transactions migrated into the new ERP environment
• Inventory valuation records
• Fixed asset records
• GST reconciliations
• Inter-company and inter-branch balances

The company emphasized that additional time is required to conclude the financial closing process accurately and reliably before placing the information before the Audit Committee and the Board of Directors.

Trading Window Status

Pursuant to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the trading window for the quarter ended June 30, 2026, has been closed since July 1, 2026. The company confirmed that the trading window will reopen only after the expiry of 48 hours from the declaration of the financial results.

A revised date for the board meeting to consider the Q1FY26 results will be intimated to the stock exchanges in due course. The company stated it is taking all necessary steps on a priority basis to complete the pending reconciliation and validation procedures.

What the Numbers Show

The delay in reporting highlights the operational complexity involved in migrating core financial systems. While no financial figures are disclosed, the specific mention of inventory valuation and fixed asset record reconciliations suggests that the integrity of balance sheet items is under scrutiny. This procedural pause ensures that any potential discrepancies between the legacy and new systems are resolved before finalizing the quarterly performance metrics.

Heranba Industries has accepted the resignation of Mr. Sunil Singh from the position of Vice President – Procurement, effective July 31, 2026. The company informed the stock exchanges that Singh, who was designated as Senior Management Personnel, ceased to hold the position from the close of business hours on the specified date. The resignation was submitted by Singh on July 21, 2026, citing a decision to focus on future plans.

The disclosure was made to BSE Limited and the National Stock Exchange of India in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification referenced Regulation 16(1)(d) of the same regulations, which pertains to changes in senior management personnel. The company also cited SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, regarding the format of the disclosure.

Details of the Change

The company provided an annexure detailing the specific changes in its senior management ranks. The document outlined the reason for the change and the effective date of cessation.

In his resignation letter, Singh expressed gratitude to the Board, senior management, and colleagues for their guidance and support during his tenure. He described his time at the organization as professionally rewarding and personally enriching. The company accepted the resignation on the same day it was received, as confirmed by the company secretary.