neptune logitek has scheduled a board meeting for Saturday, May 30, 2026. The meeting will be held to consider and approve the audited standalone financial results for the half-year and financial year ended March 31, 2026.

The board meeting is convened in accordance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The primary agenda item is the review and approval of the company's financial performance for the specified periods.

Trading Window Closure

Pursuant to the provisions of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct, the trading window closure period will conclude. The window will end 48 hours after the financial results are made public.

Meeting Details

The following table summarizes the key details of the upcoming board meeting:

The intimation was addressed to the Bombay Stock Exchange Limited on May 23, 2026, by Ankit Devidas Shah, Managing Director of Neptune Logitek Limited.

Neptune Logitek Limited's board of directors held a comprehensive meeting on April 06, 2026, approving multiple strategic appointments and discussing a significant acquisition proposal. The decisions align with the company's governance strengthening initiatives and business expansion strategy as disclosed under Regulation 30 of SEBI Listing Regulations.

Auditor Appointments for FY 2025-26

The board approved two key auditor appointments to enhance the company's compliance framework. Ms. Ishali Desai, a practicing company secretary and proprietor of M/S. Ishali Desai & Associates, was appointed as the secretarial auditor for conducting the company's secretarial audit for the financial year 2025-26.

M/S. Sen & Ray, Chartered Accountant, was simultaneously appointed as the internal auditor for the same financial year. The firm, established in 1972, operates with 10 partners and over 400 professionals across seven cities including Ahmedabad, Mumbai, New Delhi, Bangalore, Chennai, Kolkata, and Berhampur.

Board Strengthening with Independent Director

The board approved the appointment of Mr. Rushabh Anilkumar Shah (DIN: 09012222) as an additional director in the capacity of non-executive independent director. His appointment is effective from April 06, 2026, for a term of five consecutive years, subject to shareholder approval.

Mr. Shah brings extensive experience in corporate law, corporate governance, and risk management. As confirmed by the company, he is not related to any directors, key managerial personnel, or promoters, and is not debarred from holding directorship by SEBI or any other authority.

Strategic Acquisition Discussion

The board discussed the proposed acquisition of shares in Devanshi Tradables Private Limited from Mrs. Reema Ankit Shah, who is also a director of Neptune Logitek. The transaction involves acquiring 1,02,000 equity shares of face value Rs. 10.00 each, representing 51% of the paid-up equity share capital.

The acquisition is classified as a related party transaction and will be conducted on an arm's length basis. The final approval from the audit committee and board will be accorded once the independent valuation report is received. Devanshi Tradables operates in the import-export industry, engaging in trading, importing, exporting, and distributing various goods and commodities.

Regulatory Compliance and Next Steps

All appointments and decisions comply with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided detailed annexures containing comprehensive information about each appointment as required by regulatory guidelines. The strategic moves demonstrate Neptune Logitek's commitment to strengthening its governance structure while exploring growth opportunities in complementary business segments.