Narmadesh Brass Industries approved the appointment of secretarial and internal auditors during its board meeting held on September 02, 2026. The directors also finalized the draft notice for the company’s 5th Annual General Meeting.

The board appointed M/s. M Rupareliya & Associate as the secretarial auditor for FY27 and FY28. This appointment complies with Section 204 of the Companies Act, 2013. The firm, based in Rajkot, Gujarat, will serve a two-year term starting from the date of appointment.

Auditor Appointments

The company also engaged M/s. B B Gusani and Associates as its internal auditor for the same period. The Jamnagar-based chartered accountants firm was appointed in accordance with Section 138 of the Companies Act, 2013.

AGM Preparations

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.