Samtex Fashions will hold its 33rd annual general meeting on September 29, 2026, to approve shifting its registered office to Greater Noida and reappoint Chairman Atul Mittal. The company has also made the Annual Report for FY26 available online.

The board approved the transfer during an August 27, 2026 meeting. The new location remains within the jurisdiction of the same Registrar of Companies but moves outside the local limits of the current city, requiring a special resolution.

Financial Performance

Samtex Fashions reported a standalone net loss of ₹31.82 lakh for FY26, compared to a loss of ₹29.57 lakh in the previous year. On a consolidated basis, the loss narrowed to ₹37.09 lakh from ₹39.56 lakh in FY25. The company recorded zero revenue from operations for both periods.

The consolidated balance sheet shows total assets of ₹35,898.5 lakh against total liabilities of ₹59,858.1 lakh as of March 31, 2026. The group’s net worth is negative at -₹23,959.6 lakh.

Corporate Actions

The board approved the transfer of the registered office from Khasra No. 62 D1/3 Industrial Area Rajarampur, Sikandrabad, Bulandshahr, Uttar Pradesh -203205 to Plot No. 163, Udhyog Vihar Extension, Greater Noida, Gautam Buddha Nagar, Uttar Pradesh -201310, effective October 1, 2026.

Additionally, the board reappointed M/s. D S Nayak & Associates as internal auditor for FY27. The firm, led by Mr. Debananda Nayak, has over a decade of experience in internal audit functions. The appointment was made based on the recommendation of the Nomination and Remuneration Committee. No relationship disclosures were noted between the auditor and company directors.

Director Reappointment

Shareholders will vote to reappoint Mr. Atul Mittal (DIN: 00223366) as Chairman and Managing Director. He retires by rotation and is eligible for reappointment.

Mr. Mittal holds one other directorship at Arlin Foods Limited (unlisted). He serves on the Audit Committee and Stakeholders’ Relationship Committee of another entity. He is not debarred by SEBI or any other authority.

Shareholder Logistics

The register of members and share transfer books will remain closed from September 23, 2026, to September 29, 2026. M/s Deepak Kukreja & Associates has been appointed as scrutinizer for the e-voting process at the AGM.

Remote e-voting begins on September 26, 2026, at 9:00 am and ends on September 28, 2026, at 5:00 pm. The cut-off date for voting eligibility is September 22, 2026. Shareholders can vote via CDSL or NSDL e-voting systems using their demat account credentials or folio numbers for physical shares.

Members are requested to update their email addresses with the company or RTA to receive communications electronically. Physical shareholders should contact BEETAL Financial & Computer Services Pvt. Ltd., while demat holders should update details with their depository participants.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE931D01020/189fb585-3e85-4145-9dfb-430547d5673c.pdf

Samtex Fashions reported a widened net loss for the first quarter of fiscal year 2026, reflecting continued operational challenges. The company’s consolidated net loss stood at ₹13.86 lakh for the three months ended June 30, 2026, an increase from the ₹12.40 lakh loss recorded in the corresponding period of FY25. On a standalone basis, the net loss expanded to ₹11.13 lakh from ₹10.08 lakh year-on-year.

Revenue generation remained minimal during the quarter. Total income from operations was ₹0.20 lakh on a consolidated basis, down from ₹0.51 lakh in Q1FY25. The standalone entity reported no income from operations, with total income comprising only other income. This lack of operational revenue underscores the company’s limited business activity during the period.

Financial Performance Overview

The financial results for Q1FY26 highlight a divergence between standalone and consolidated figures, particularly regarding comprehensive income. While both entities reported similar net losses, the consolidated comprehensive income was ₹-9.77 lakh, significantly better than the standalone figure of ₹-11.13 lakh. This suggests that certain other comprehensive income items at the group level partially offset the operational losses.

Earnings per share (basic) remained negative at ₹-0.01 on both a standalone and consolidated basis, unchanged from the prior year’s quarterly figures. Equity share capital remained stable at ₹1,490.00 lakh across all periods.

What the Numbers Show

A key observation is the complete absence of operational revenue for the standalone entity, which relies entirely on other income for its total income line. In contrast, the consolidated group generated modest operational income of ₹0.20 lakh, though this was insufficient to cover costs. The widening of the net loss despite minimal revenue indicates that fixed overheads or non-operational expenses continue to pressure the bottom line without any offsetting growth in core business activities.

Regulatory Compliance

The unaudited financial results were reviewed by the company’s auditors and approved by the Board of Directors in a meeting held on August 13, 2026. The results comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and have been prepared in accordance with Indian Accounting Standards (Ind AS). The full detailed format of the quarterly results is available on the stock exchange website and the company’s official portal.