Narmadesh Brass Industries appointed M/s. M Rupareliya & Associate as its secretarial auditor and M/s. B. B. Gusani and Associates as its internal auditor for the fiscal years 2026-27 and 2027-28.

The Board of Directors approved these appointments during its meeting held on September 02, 2026, based on the recommendation of the Audit Committee. The appointments are made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Appointments

The company engaged M/s. M Rupareliya & Associate, a firm of Company Secretaries in Practice based in Rajkot, Gujarat, as the secretarial auditor. This appointment is pursuant to Section 204 of the Companies Act, 2013. The firm holds CP No. 18634.

For internal audit functions, the board appointed M/s. B. B. Gusani and Associates, a chartered accountants firm based in Jamnagar, Gujarat. The appointment complies with Section 138 of the Companies Act, 2013. The firm holds Firm Registration Number 140785W.

AGM Preparations

In addition to the auditor appointments, the board considered and approved the draft Board Report along with annexures for FY26, pursuant to Section 134 of the Companies Act, 2013. It also approved the Management Discussion and Analysis Report for the fiscal year, prepared in line with SEBI listing regulations.

The meeting concluded with the fixation of the date, time, and place for the upcoming annual general meeting. The board also appointed a scrutinizer for the event.

Narmadesh Brass Industries Limited reported a net profit of ₹355.13 lakh for the financial year ended March 31, 2026, a decline of 30% from ₹506.71 lakh in the previous year. Despite the drop in profit, revenue from operations increased 10.4% to ₹9,722.60 lakh from ₹8,805.01 lakh in FY25. The board of directors approved the audited standalone financial results for the half-year and year ended March 31, 2026, at a meeting held on May 25, 2026.

Financial Performance

The company recorded a total revenue of ₹9,722.60 lakh for FY26, up from ₹8,805.01 lakh in the previous year. Total expenses for the year stood at ₹9,322.58 lakh, compared to ₹8,098.52 lakh in FY25. For the half-year ended March 31, 2026, the company reported a net loss of ₹76.42 lakh, while revenue was ₹6,300.51 lakh.

Board Meeting and Trading Window

The board meeting commenced at 08:00 P.M. and concluded at 09:00 P.M. on May 25, 2026. The trading window for dealing in the company's securities, which was closed in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, will reopen 48 hours after the conclusion of the board meeting.

Auditor's Report

D G M S & Co., Chartered Accountants, audited the standalone financial results and issued an unmodified opinion. The report confirms that the results give a true and fair view of the net profit and other financial information for the half-year and year ended March 31, 2026, in conformity with the applicable accounting standards.