Mishka Exim Limited appointed Rakesh Aggarwal as an Additional Director in the category of Non-Executive Independent Director, effective July 27, 2026. The Board of Directors approved the appointment at its meeting held on July 27, 2026, following a recommendation from the Nomination and Remuneration Committee. This move strengthens the company’s governance framework as it navigates significant operational changes reported in its recent Q1FY26 results.

The appointment is subject to the approval of shareholders at the next General Meeting of the Company or within three months from the date of his appointment, whichever is earlier. Mr. Aggarwal will not be liable to retire by rotation during this initial period. The company has disclosed this intimation to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III.

Director Profile and Qualifications

Mr. Rakesh Aggarwal brings extensive experience in finance, accounts, taxation, banking, and fund raising. His professional background includes expertise in mergers and acquisitions, internal audit, corporate advisory, and legal matters. He has worked across diverse industries, handling bank audits, financial management, corporate borrowings, budgeting, internal controls, supply chain management, project finance, and indirect taxation. Management stated that his financial acumen will be valuable in strengthening corporate governance and strategic decision-making.

Mr. Aggarwal has declared that he is not related to any other Director on the Board of the Company. He also submitted a declaration confirming that he has not been debarred from holding the office of Director by the Securities and Exchange Board of India (SEBI), the Ministry of Corporate Affairs (MCA), the National Company Law Tribunal (NCLT), any Court, or any other statutory authority. No order prohibiting him from acting as a Director is currently in force against him.

Governance and Compliance

The appointment complies with the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR"), and SEBI (Prohibition of Insider Trading) Regulations, 2015. The disclosure includes details as required under SEBI Circular No. SEBI/HO/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023.

This board action coincides with the approval of the company’s unaudited financial results for Q1FY26, which showed a 235% year-on-year surge in revenue to ₹698.88 lakh. While revenue grew significantly, net profit dipped slightly to ₹16.20 lakh due to higher operational expenses. The addition of an independent director with strong financial oversight experience may support the Board in managing these margin pressures and ensuring robust compliance.

Mishka Exim Limited has announced strong financial results for the quarter and year ended March 31, 2026, demonstrating robust operational performance and significant growth across key financial metrics. The company's quarterly and annual results showcase substantial improvements in profitability and revenue generation.

Exceptional Quarterly Performance

The company delivered outstanding results for Q4 FY26, with remarkable growth across all major financial parameters. Net profit after tax surged dramatically by 368% year-on-year, reaching Rs. 68.90 lakhs compared to Rs. 14.73 lakhs in Q4 FY25.

Strong Annual Financial Results

For the full financial year FY26, Mishka Exim Limited maintained its growth momentum with impressive annual performance metrics. The company reported total income from operations of Rs. 2,263.03 lakhs for FY26, while net profit after tax reached Rs. 196.65 lakhs, representing substantial business expansion.

Earnings Per Share and Capital Structure

The company's earnings per share performance reflected the strong operational results. For Q4 FY26, both basic and diluted earnings per share stood at Rs. 0.48 compared to Rs. 0.10 in Q4 FY25. Annual earnings per share for FY26 reached Rs. 1.36 for both basic and diluted calculations.

Consolidated vs Standalone Performance

The company's consolidated results showed similar strong performance trends. Consolidated total income for Q4 FY26 reached Rs. 352.42 lakhs, while annual consolidated income stood at Rs. 2,271.87 lakhs. Consolidated net profit after tax for the quarter was Rs. 69.26 lakhs, with annual consolidated profit reaching Rs. 197.59 lakhs.

Regulatory Compliance and Transparency

Mishka Exim Limited has maintained full compliance with regulatory requirements, filing detailed financial results with stock exchanges under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The complete financial results are available on the BSE website and the company's official website for stakeholder reference.