Jayatma industries Limited's independent directors conducted their separate meeting on March 20, 2026, fulfilling their governance responsibilities under regulatory requirements. The meeting was held at the company's registered office in Ahmedabad from 3:45 P.M. to 4:10 P.M.

Meeting Agenda and Key Assessments

The independent directors undertook a comprehensive review covering three critical areas of corporate governance:

Governance Framework Review

The independent directors specifically focused on evaluating the information flow between the company's management and the board of directors. This assessment ensures that board members receive necessary information to effectively and reasonably perform their duties, maintaining high standards of corporate governance.

Regulatory Compliance

The separate meeting of independent directors represents a key governance practice mandated under corporate regulations. Through this structured evaluation process, the independent directors maintain oversight of board effectiveness and ensure accountability in leadership performance.

Company Leadership

The meeting outcome was communicated to BSE Limited by Nirav K. Shah, CEO & Director (DIN: 00397336), ensuring transparency and regulatory compliance. The company maintains its registered office at 4th Floor, 1, Laxminagar, Besides Naranpura Post Office, Naranpura, Ahmedabad-380013, Gujarat.

Jayatma Industries Limited announced its Q3 FY26 financial results for the quarter ended December 31, 2025, showing mixed performance with revenue growth but increased losses. The Board of Directors approved these standalone unaudited financial results during their meeting held on January 28, 2026.

Financial Performance Overview

The company reported a net loss of ₹29.61 lakhs for Q3 FY26, representing a significant increase from the ₹11.66 lakhs loss recorded in Q3 FY25. However, the company demonstrated strong revenue growth during the quarter.

Expense Analysis

The company's total expenses increased substantially to ₹1562.96 lakhs in Q3 FY26 from ₹1029.63 lakhs in Q3 FY25. Key expense components included:

• Purchase of stock-in-trade: ₹338.55 lakhs (Q3 FY26) versus ₹1322.66 lakhs (Q3 FY25)
• Inventory changes: Increase of ₹1175.16 lakhs compared to a decrease of ₹341.82 lakhs in the previous year
• Depreciation: ₹24.59 lakhs versus ₹13.26 lakhs year-on-year
• Finance costs: ₹4.02 lakhs compared to ₹20.34 lakhs in Q3 FY25

Nine-Month Performance

For the nine months ended December 31, 2025, the company reported total income of ₹2434.81 lakhs compared to ₹1690.35 lakhs in the corresponding period of the previous year. The net loss for the nine-month period stood at ₹78.37 lakhs versus ₹43.95 lakhs in the previous year.

Earnings Per Share

The company reported earnings per share (EPS) of ₹-0.48 for Q3 FY26, compared to ₹-0.19 in Q3 FY25. The paid-up equity share capital remained constant at ₹615.30 lakhs with a face value of ₹10 per share.

Business Operations

Jayatma Industries Limited operates in wholesale trading of textiles, fabrics, yarn, household linen, articles of clothing, floor coverings and tapestry, and sports clothes. The company's registered office is located in Ahmedabad, Gujarat.

Regulatory Compliance

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by the statutory auditors GMCA & Co. Chartered Accountants. The limited review report confirmed compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.