Ishwarshakti Holdings & Traders Limited reported a net loss of ₹3.13 crore for the financial year ended March 31, 2026, widening from a net loss of ₹1.71 crore in the previous year. The company’s revenue from operations for the year stood at ₹6.19 crore, a significant decline from ₹15.57 crore in FY25, primarily due to a reversal of interest income recognized in earlier quarters following a default in servicing interest. The Board of Directors approved the audited standalone financial results at a meeting held on May 29, 2026.

Financial Performance

The loss for the quarter ended March 31, 2026, was reported at ₹7.56 crore, compared to a net loss of ₹1.88 crore in the same period last year. Total income for the quarter was negative at ₹4.16 crore, driven by the reversal of other income. The company’s total comprehensive income for the year surged to ₹348.63 crore, a sharp increase from the previous year, due to the recognition of other comprehensive income largely stemming from the fair valuation of investments in associates.

Key Board Decisions

During the meeting, the Board approved the change in designation of Mr. Vinay Seksaria from Executive Director to Managing Director, Key Managerial Personnel, and Chairman of the Company with immediate effect, subject to shareholder approval. The appointment is for a term of five years. Additionally, Mrs. Radhika Seksaria was appointed as an Additional Director. The Board also re-appointed M/s. M.R.V. & Associates, Chartered Accountants, as the Internal Auditor for F.Y. 2026-27.

Auditor and Regulatory Compliance

The audit report for the financial year was issued by M/s. B. L. Dasharda & Associates, Statutory Auditors, with an unmodified opinion. The auditors emphasized a change in the methodology for determining the carrying value of investments in associates, specifically Seksaria Industries Private Limited and Seksaria Confectionaries Private Limited, based on their Net Asset Value as of March 31, 2026. The financial results were prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ishwarshakti Holdings & Traders Limited has informed the stock exchanges regarding the resignation of its Chairman & Managing Director, Mrs. Geeta Seksaria. The intimation was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation is effective from the close of business hours on May 28, 2026.

The company stated that the resignation is due to personal and unavoidable circumstances. It was confirmed that there are no other material reasons for the decision beyond those provided in the resignation letter. The Board of Directors appreciated the valuable contribution and guidance provided by Mrs. Geeta Seksaria during her tenure.

As a result of this development, Mrs. Geeta Seksaria will cease to be a Key Managerial Personnel under the provisions of Section 203 of the Companies Act, 2013. This change is effective from the close of business hours on May 28, 2026. The company has ensured that all necessary disclosures and details required under the relevant regulations have been enclosed with the intimation.

Resignation Details

The following table outlines the key particulars regarding the change in leadership:

The company has confirmed that the information is also available on its official website. The resignation letter and the requisite details have been submitted to the stock exchanges as part of the compliance process.