Jagjanani Textiles accepts Whole Time Director resignation

Jagjanani Textiles has accepted the resignation of Mr. Shiv Kumar Singhal from the position of Whole Time Director effective July 23, 2026. The Board of Directors approved the resignation during a meeting held on Thursday, citing personal commitments and pre-occupation as the reasons for his departure. This change impacts the company's Key Managerial Personnel structure immediately.

The resignation was submitted via a letter dated July 23, 2026, and Mr. Singhal has been relieved of his responsibilities with immediate effect. In his communication to the Board, Mr. Singhal confirmed that there are no other reasons for his resignation aside from the stated personal commitments. The company has acknowledged the receipt of the resignation letter and will proceed with the necessary filings to the Registrar of Companies.

The Board meeting, which commenced at 03:00 P.M. and concluded at 03:40 P.M., also took note of the regulatory requirements associated with the departure. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The specific circular referenced includes SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

The following table details the particulars of the change in directorship as required under Schedule III of the SEBI Listing Regulations:

Sr. No.	Particulars	Mr. Shiv Kumar Singhal
1.	Reason for change	Resignation from the office of Whole Time Director w.e.f. 23rd July, 2026
2.	Date of cessation	Effective Date of Resignation: 23rd July, 2026
3.	Brief profile	Not Applicable
4.	Disclosure of relationships	Not Applicable

The resignation was formally accepted by Mr. Avnish Manojkumar Patel, Managing Director of Jagjanani Textiles Limited. Mr. Patel, who holds the DIN 02724940, signed the acceptance on behalf of the company. Mr. Singhal's DIN is 00075934.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-14.25%	-5.33%	-21.49%	-9.07%	-62.04%	+142.86%

Jagjanani Textiles has reported its audited financial results for the quarter and year ended March 31, 2026. The company recorded a net loss of ₹32.06 lakh for the full year, compared to a net loss of ₹13.65 lakh in the previous year. For the fourth quarter, the net loss stood at ₹4.33 lakh.

Financial Performance

The company's total income for the year ended March 31, 2026, was ₹1.28 lakh, a significant decrease from ₹9.65 lakh in the prior year. Total expenses for the year rose to ₹33.09 lakh from ₹24.02 lakh in the previous year. The basic and diluted earnings per share (EPS) for the year were reported at (₹0.21), compared to (₹0.09) in the previous year.

Metric	Year Ended Mar 31, 2026 (₹ in Lakhs)	Year Ended Mar 31, 2025 (₹ in Lakhs)
Total Income	1.28	9.65
Total Expenses	33.09	24.02
Net Profit/(Loss)	(32.06)	(13.65)
EPS (Basic)	(0.21)	(0.09)

Operational Highlights

The board approved the audited standalone financial results and took on record the Statutory Auditors' Report issued by M/s. Rajeshkumar P. Shah & Co, Chartered Accountants. The auditors issued an unmodified audit report on the financial results. The meeting commenced at 3:00 PM and concluded at 3:35 PM on May 21, 2026.

Assets and Liabilities

As of March 31, 2026, the company's total assets were ₹24.00 lakh, while total equity and liabilities stood at ₹24.00 lakh. Cash and cash equivalents increased to ₹1.16 lakh from ₹0.49 lakh in the previous year. The company reported that ₹0.32 lakh is required to be transferred to the Investor Education and Protection Fund.