ishan international approved an additional credit facility of ₹1.18 crore under the Emergency Credit Line Guarantee Scheme (ECLGS) from Bank of India during its board meeting on May 20, 2026. The loan carries an interest rate of 8.85% per annum, calculated as the Repo Based Lending Rate (RBLR) of 8.10% plus a spread of 0.75% with monthly rests. This financial augmentation aims to support the company's liquidity requirements while complying with Section 186 of the Companies Act, 2013 regarding loans and investments by the company.

The board re-appointed M/s. Sunil K. Khanna & Co., Chartered Accountants, as internal auditors for the financial year 2026-27 based on the recommendation of the Audit Committee. The firm holds registration number 000310N. Additionally, the board authorized the creation of security in favor of Bank of India and empowered Managing Director & CEO Shantanu Srivastava to execute all requisite security documents and agreements related to the credit facility.

Key Approvals

The meeting, which commenced at 4:00 p.m. and concluded at 6:15 p.m., addressed several governance and financial matters. The decisions were taken in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

The approval for the credit facility includes necessary compliance with statutory provisions regarding inter-corporate loans and investments. The authorization granted to the Managing Director covers the execution of documents required to secure the facility.

Ishan International Limited has announced its audited standalone financial results for the year ended March 31, 2026. The Board of Directors approved the results at a meeting held on May 20, 2026. The company reported a net profit of ₹41.44 lakh for the fiscal year, a significant increase compared to the ₹23.16 lakh recorded in the previous year.

Financial Performance

The company's revenue from operations for the year ended March 31, 2026, stood at ₹2,688.81 lakh, down from ₹7,265.34 lakh in the prior year. Total income for the year was ₹2,769.59 lakh. For the half-year ended March 31, 2026, the company reported a net profit of ₹32.40 lakh on a total income of ₹1,392.76 lakh.

Auditor's Report and Key Notes

M/s. CVB & Associates, Chartered Accountants, audited the financial results and issued an unmodified opinion. The auditor's report highlighted several emphasis of matters, including the company's need to seek an extension of time from the Reserve Bank of India (RBI) regarding delays in recovering dues from foreign customers. Additionally, the company provided ₹37.99 lakh towards Expected Credit Loss during the half-year ended March 31, 2026, under Ind AS 109.

The board also approved the appointment of M/s. Sunil K. Khanna & Co. as Internal Auditors for FY2026-27.

Trading Window Closure

In compliance with SEBI (Prohibition of Insider Trading) Regulations, the trading window for the company's securities remains closed for Directors, Key Managerial Personnel, and designated persons. The window, which closed on April 1, 2026, will reopen 48 hours after the financial results are made public, specifically after closing hours on May 22, 2026.