Promoters of Jai Corp have confirmed that no new encumbrances were created on their shareholdings during the financial year ended March 31, 2026. The declaration, submitted to BSE Limited and National Stock Exchange of India Limited, confirms compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Anand Jain, filing on behalf of himself and other promoters, stated that neither he nor persons acting in concert (PAC) created any direct or indirect encumbrance other than those previously disclosed. The submission was made in response to a communication from the National Stock Exchange of India Limited dated April 06, 2026.

The filing includes a comprehensive list of 21 entities categorized as promoters. This list comprises individual promoters and various private limited companies and trusts associated with the group.

Promoter Group Details

The following table details the names of the promoters and members of the promoter group as at March 31, 2026:

Jai Corp reported a consolidated net profit of ₹16,927 lakh for the financial year ended March 31, 2026, rising 128% from ₹6,647 lakh in the previous year. Total income for the year increased to ₹66,645 lakh from ₹55,954 lakh in FY25, while total expenses stood at ₹47,180 lakh. The Board of Directors recommended a final dividend of Re. 0.50 per share on 17,55,04,995 fully paid-up equity shares of face value Re.1/- each for the financial year 2025-26. The auditors issued a qualified opinion on the consolidated financial results, while the standalone results received an unmodified opinion.

Financial Performance

For the year ended March 31, 2026, the company reported a total income of ₹66,645 lakh, compared to ₹55,954 lakh in the prior year. Total expenses for the period stood at ₹47,180 lakh. On a standalone basis, the net profit for the year was ₹16,339 lakh, up from ₹7,171 lakh in FY25. Revenue from operations for the year was ₹50,387 lakh, slightly lower than the ₹51,195 lakh recorded in the previous year.

Key Financial Metrics (Consolidated)

Q4 Performance (Consolidated)

The latest quarterly figures reflect a notable improvement in operating profitability even as revenue and net profit declined year-on-year. Q4 EBITDA rose to 159M rupees from 102M rupees in the same period of the prior year, with the EBITDA margin expanding significantly to 13.20% from 7.55%. The following table summarises the Q4 consolidated performance:

Board Decisions

The Board approved the audited standalone and consolidated financial results for FY26. In addition to the dividend recommendation, the Board commended the re-appointment of Mr. Virendra Jain, Vice Chairman, and Mr. Dinesh D. Paliwal, Executive Director. The re-appointment of Kakaria and Associates LLP as the Internal Auditor and Tadhani and Co. as the Cost Auditor for the financial year 2026-27 was also approved. No dividend was recommended on the 44,600 equity shares forfeited but not cancelled or re-issued.

Audit Qualifications and Notes

Chaturvedi & Shah LLP, the statutory auditor, issued an unmodified opinion on the standalone financial results. However, the audit report on the consolidated financial results contained a qualified opinion. The qualifications relate to the non-inclusion of financial results for the associate company Urban Infrastructure Holding Private Limited and interest accrued and due of ₹2,147 lakh on inter-corporate deposits given by a subsidiary, which are overdue and subject to legal proceedings. The company recognised an exceptional item of ₹141.33 lakh for the current year as the "Impact of New Labour Codes", relating to incremental estimated obligations on account of employee past services based on actuarial valuation. The Spinning Division continues to be treated as a discontinuing operation.