Jiwanram Sheoduttrai Industries Limited has secured a compliance certificate confirming its adherence to the Structured Digital Database (SDD) norms under the SEBI (Prohibition of Insider Trading) Regulations, 2015 for the financial year ended March 31, 2026. The certification, issued by M/s. Gyanendra Nahar & Co., Practicing Company Secretaries, validates the company's internal controls regarding the maintenance and security of sensitive information. This compliance ensures that the company has established a robust framework to track and store Unpublished Price Sensitive Information (UPSI), mitigating risks associated with insider trading.

The certificate confirms that the company has implemented a Structured Digital Database with controlled access rights. It verifies that all UPSI disseminated during the financial year were captured within the system, recording the nature of the information along with precise date and time stamps. The database is maintained internally with a comprehensive audit trail and is designed to be non-tamperable, capable of preserving records for a mandatory period of 8 years.

Compliance Verification

The certification process involved physical verification of the SDD and confirmations received from the company's management via email. The auditors confirmed that the company was required to capture 2 specific events during the financial year ended March 31, 2026, and that both events were successfully recorded in the database.

Auditor Observations

While certifying compliance, M/s. Gyanendra Nahar & Co. noted that the SDD could be maintained and utilized more efficiently and effectively. The observation suggests that while the current system meets the regulatory requirements, there is room for operational enhancement to better align with the spirit of the SEBI PIT Regulations, 2015. The certificate was issued on May 30, 2026, in Kolkata.

Jiwanram Sheoduttrai Industries Limited reported its audited standalone financial results for the year ended 31st March, 2026, alongside the resignation of an independent director. The board approved the results in a meeting held on Saturday, 30th May, 2026, in compliance with Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, M/s Jain Sonu & Associates, Chartered Accountants, issued an unmodified opinion on the financial results.

Financial Performance: FY26 vs FY25

The company, primarily engaged in the manufacturing and trading of Industrial Leather Safety Gloves, Garments and allied activities, reported a marginal decline in revenue but an increase in total income for the year ended 31st March, 2026. All figures are in Lakhs unless otherwise stated.

Revenue from operations for FY26 was ₹5,387.21 lakhs, marginally lower compared to ₹5,390.06 lakhs in FY25. Total income rose to ₹5,782.92 lakhs from ₹5,573.32 lakhs in the prior year, supported by higher other income of ₹395.71 lakhs versus ₹183.26 lakhs. Profit before tax stood at ₹130.29 lakhs for FY26 against ₹229.75 lakhs in FY25.

Half-Year Performance Snapshot

For the half year ended 31st March, 2026, the company reported revenue from operations of ₹4,277.44 lakhs and total income of ₹4,593.20 lakhs. Profit before tax for the second half stood at ₹55.79 lakhs, compared to ₹104.94 lakhs in the corresponding half year ended 31st March, 2025. Basic and diluted EPS for the half year ended 31st March, 2026 was ₹0.10.

Balance Sheet Highlights

The company's total assets as on 31st March, 2026 stood at ₹15,442.31 lakhs, compared to ₹13,620.54 lakhs as on 31st March, 2025. Key balance sheet items are summarised below:

Cash Flow Summary

Net cash flow from operating activities for the year ended 31st March, 2026 was ₹294.98 lakhs, compared to ₹306.80 lakhs in the prior year. Cash and cash equivalents at the end of the year stood at ₹149.83 lakhs, up from ₹35.32 lakhs at the beginning of the year, reflecting a net increase of ₹114.49 lakhs during the year.

Board-Level Development: Independent Director Resignation

The board noted the resignation of Mr. Apurva Kumar Sinha (DIN: 03140789) as Non-Executive Independent Director, effective from the close of business hours on 30th May, 2026. Mr. Sinha cited personal business commitments as the reason for his resignation and confirmed that there are no other material reasons beyond those stated in his resignation letter dated 30th May, 2026. He held no directorships in any other listed entity at the time of resignation.

IPO Proceeds and Compliance Disclosures

The company confirmed that it has fully utilised Rs. 17.07 crores, the proceeds from the Initial Public Offer raised during financial year 2023-2024, within 31st March, 2024, and no amount from the IPO remains unutilised as on 31st March, 2026. The company also declared that it has not defaulted on loans and debt securities during the financial year ended 31st March, 2026. Jiwanram Sheoduttrai Industries is not categorised as a Large Corporate as per the applicable SEBI Master Circular provisions.