Jagjanani Textiles Limited has announced the closure of its trading window for all insiders, directors, promoters, and designated persons effective October 1, 2026. This restriction applies to purchasing, selling, or dealing in the company's equity shares.

The trading window will remain closed until the expiry of 48 hours after the declaration of the unaudited financial results for the second quarter and half year ended September 30, 2026. This measure is taken in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended, and the company's internal code of conduct.

Compliance and Timeline

The intimation was filed with BSE Limited on September 22, 2026. The company stated that the date of the board meeting for approving the financial results for Q2FY27 and H1FY27 will be announced in due course. The closure ensures that no insider trading occurs during the sensitive period leading up to the public disclosure of financial performance.

The restriction covers all equity share transactions by designated personnel. The company's managing director, Avnish Manojkumar Patel, signed the digital communication to the stock exchange. No further details regarding the specific date of the board meeting were provided in this initial notification.

Jagjanani Textiles reported a net loss of ₹32.06 lakh for FY26, widening from a ₹13.65 lakh loss in FY25, as it recorded zero revenue from operations. The company has scheduled its 29th Annual General Meeting (AGM) for September 30, 2026, to address this financial performance and propose shifting its registered office from Rajasthan to Gujarat.

The Board of Directors approved the agenda on September 8, 2026, and issued the notice on September 10, 2026. The meeting will be held via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). Shareholders holding shares as on the cut-off date of September 23, 2026, are eligible to vote.

Financial Performance

The company incurred a total loss after tax of ₹32.06 lakh in FY26, compared to ₹13.65 lakh in FY25. Total expenses rose to ₹33.09 lakh from ₹24.02 lakh in the previous year. Other income fell sharply to ₹1.28 lakh from ₹9.65 lakh in FY25, driven by expense/liability write-backs. The company generated no revenue from operations in either year.

Agenda Details

Shareholders will vote on four primary resolutions via remote e-voting and physical voting during the meeting:

Voting Process

The remote e-voting window opens on September 26, 2026, at 9:00 am and concludes on September 29, 2026, at 5:00 pm. The facility is provided by Central Depository Services (India) Limited (CDSL). Mr. Utkarsh Shah has been appointed as the Scrutinizer for the voting process.

What the Numbers Show

The company’s financial position reflects a lack of operational activity, with zero revenue recorded for two consecutive years. The widening loss is primarily driven by a 37.8% increase in total expenses to ₹33.09 lakh, despite a significant drop in other income. Notably, penalties accounted for ₹18.31 lakh of the expenses in FY26, up from ₹7.36 lakh in FY25, indicating regulatory compliance costs are a material drag on profitability.