Integra Switchgear Limited has scheduled a board meeting for August 31, 2026, to consider increasing its authorized share capital and potentially raising funds through a preferential issue.

The company announced the meeting on August 25, 2026, stating that the Board of Directors will convene at its registered office in Vadodara. The agenda includes recommending the increase in authorized share capital to shareholders for approval at the ensuing Annual General Meeting (AGM).

Capital Raise and AGM Preparations

The board will also evaluate the approval of raising funds through the issue of securities or equity shares via private placement. This action is subject to compliance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and the Companies Act, 2013. Any such issuance requires necessary statutory and regulatory approvals, including shareholder consent.

Additionally, the board plans to:

• Approve the draft director report for FY26.
• Appoint CS Ruchita Patel & Associates as scrutinizers for e-voting at the AGM.
• Finalize the date, time, and notice for the AGM.

Trading Window Closure

Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window remains closed for all designated persons and their immediate relatives until further notice.

Integra Switchgear Limited has submitted revised unaudited financial results for the quarter ended June 30, 2026, following a communication from the Bombay Stock Exchange (BSE). The company reported a consolidated net loss of ₹7.82 lakh for Q1FY27, a marginal improvement from the ₹8.07 lakh loss recorded in the corresponding period of the previous year. On a standalone basis, the net loss narrowed to ₹6.80 lakh from ₹8.07 lakh in Q1FY26. The revision ensures compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the results reviewed by the Audit Committee and approved by the Board of Directors on July 22, 2026.

The primary driver for the revised figures remains the company’s operational income structure, which continues to rely heavily on other operating income rather than core sales. Total income from operations stood at ₹1.51 lakh for both standalone and consolidated results in Q1FY27, up from ₹0.88 lakh in Q1FY26. However, total expenses rose to ₹9.32 lakh on a consolidated basis from ₹8.74 lakh in the prior year quarter. Standalone total expenses were recorded at ₹8.30 lakh. Depreciation and amortisation expenses remained minimal at ₹0.04 lakh, while other expenses constituted the bulk of the cost structure at ₹9.28 lakh (consolidated) and ₹8.26 lakh (standalone).

Consolidated Financial Highlights

Standalone Financial Highlights

The paid-up equity share capital remained unchanged at ₹288.16 lakh, with a face value of ₹10 per share. The basic and diluted earnings per share (EPS) for discontinued operations were reported at (₹0.27) for consolidated results and (₹0.24) for standalone results in Q1FY27, compared to (₹0.28) in both cases for the prior year period. The financial statements were prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under the Companies Act, 2013.

D.C. Parikh & Co., Chartered Accountants, provided the Limited Review Report for both standalone and consolidated results. The review was conducted in accordance with Standard on Review Engagement (SRE) 2410 issued by the Institute of Chartered Accountants of India. The statutory auditors confirmed that nothing came to their attention to suggest the financial results contained material misstatements or failed to disclose required information under SEBI regulations.

Consolidation Details

The consolidated financial results include the financial information of Bimal Switchgear Private Limited, a subsidiary of Integra Switchgear Limited. The subsidiary’s financials for the quarter ended June 30, 2026, were not reviewed or audited by their respective auditors. Bimal Switchgear reported total assets of ₹19.79 lacs, zero revenue, and a net loss after tax of ₹0.42 lacs for the quarter. The Group’s share of net loss from the subsidiary was ₹0.42 lacs. Cash flows (net) for the subsidiary were negative ₹0.01 lacs for the period from April 1, 2026, to June 30, 2026.

What the Numbers Show

The revised results highlight the persistent challenge of generating core operational revenue, with other operating income accounting for 100% of the total income from operations. Despite a 71.6% increase in total income from operations compared to Q1FY26, the rise in other expenses outpaced this growth, leading to continued losses. The narrowing of the loss margin is primarily attributable to better cost containment in standalone operations rather than a surge in top-line revenue from core business activities.