Linaks Microelectronics Limited has set September 22, 2026 as the record date for shareholders to be eligible for its 41st annual general meeting. The meeting is scheduled for September 29, 2026.

The register of members and share transfer books will remain closed from Tuesday, September 22, 2026 to Tuesday, September 29, 2026 (both days inclusive). This closure facilitates the determination of eligible shareholders for the AGM.

Board Changes

On September 4, 2026, the company appointed three new independent directors and reconstituted its board committees. The appointments of Ms. Anu Shukla, Ms. Vedangi Singh, and Mr. Aman Bajpai were approved subject to shareholder approval. Each director will serve a five-year term commencing from September 4, 2026, to September 3, 2031.

These appointments coincide with the resignation of two existing independent directors. Mr. Prakash Chandra Srivastava and Ms. Komilla Singh ceased to be independent directors with effect from September 4, 2026. Both cited other professional commitments and unavoidable reasons for their departure, confirming no material reasons other than those stated.

The board approved the new composition of various committees subsequent to these changes. Ms. Vedangi Singh was appointed Chairperson of both the Audit Committee and the Stakeholders cum Share Transfer Committee. Ms. Anu Shukla was appointed Chairperson of the Nomination and Remuneration Committee.

AGM and Compliance

The board approved convening the 41st Annual General Meeting on Tuesday, September 29, 2026, at 3:00 pm through video conferencing or other audio-visual means. Remote e-voting will be open from September 26, 2026, to September 28, 2026. The cut-off date for remote e-voting is September 22, 2026.

M/s P. K. Mishra & Associates was appointed as the Secretarial Auditor for FY27 and as the Scrutinizer for the remote e-voting process at the upcoming AGM. The firm holds registration number S2016DE382600.

Linaks Microelectronics Limited reported a widened net loss of ₹8,93,191.11 for the first quarter ended June 30, 2026 (Q1FY27), compared to a net loss of ₹7,10,092.05 in the corresponding quarter of the previous fiscal year. The Lucknow-based microelectronics manufacturer recorded zero revenue from operations, meaning its entire cost structure flowed directly to the bottom line as a loss. This structural imbalance continues to pressure profitability, with the loss per share increasing to ₹0.05 from ₹0.04 in Q1FY26.

The Board of Directors approved the unaudited standalone financial results during a meeting held on August 11, 2026, pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The results were reviewed by the statutory auditors, R S J B Associates, Chartered Accountants, who issued a limited review report stating that nothing came to their attention to suggest the financial statements contained material misstatements. The company published the results via newspaper advertisements in Financial Express and Jansatta on August 12, 2026, as required under Regulation 47 of the Listing Regulations.

Financial Performance Breakdown

The company’s total income remained at zero for the quarter, continuing a trend from the previous year. However, operating expenses increased significantly, driven primarily by a rise in other administrative expenses. Depreciation and amortization expenses saw a marginal decline, while employee benefit expenses remained stable at ₹60,000.00.

What the Numbers Show

The divergence between revenue and expense trends highlights the company's ongoing operational challenges. With zero revenue from operations, the entire cost structure—including fixed costs like depreciation and variable administrative overheads—flows directly to the bottom line as a loss. The 29.6% increase in administrative expenses year-over-year, despite no growth in operational activity, suggests rising fixed overheads or one-time compliance-related costs that are not being offset by any operational income.

For context, the full fiscal year FY26 ended March 31, 2026, showed a net loss of ₹21,06,795.97 against total revenue of ₹11,31,200.00, which consisted entirely of other income. The paid-up equity share capital remains unchanged at ₹1,73,35,300.00. The company disclosed no exceptional or extraordinary items for the quarter.