Sarthak Global Limited has informed the stock exchange that it is exempt from complying with the related party transaction provisions under Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This exemption is applicable for the half year ended March 31, 2026. The disclosure was made in a regulatory filing submitted to BSE Limited on May 23, 2026.

The company stated that Regulation 15(2) of the SEBI regulations clarifies that compliance with provisions from Regulations 17 to 27(2) is not mandatory for companies meeting specific financial thresholds. Specifically, the regulation applies to companies with a paid-up equity share capital not exceeding ₹10 crore and a net worth not exceeding ₹25 crore as on the last day of the previous financial year.

Financial Thresholds

Sarthak Global Limited confirmed that its financial metrics fall within these limits as of March 31, 2026. Consequently, the company is not required to adhere to the related party transaction norms for the specified period.

Regulatory Compliance

Due to the exemption, the company is not required to comply with the Corporate Governance provisions specified in regulations 17 to 27 and clauses (b) to (i) of sub-regulation (2) of regulation 46. Additionally, the exemptions cover specific paragraphs of Schedule V and cyber security incident disclosures. The company has stated that this communication is for record-keeping and information purposes.

Sarthak Global Limited has approved its audited standalone financial results for the quarter and year ended March 31, 2026. The Board of Directors met on May 23, 2026, to review and adopt the results. The statutory auditors, M/s. Ashok Kumar Agrawal & Associates, issued an unmodified opinion on the financial statements.

Financial Performance for FY26

For the financial year ended March 31, 2026, the company reported a total income from operations of ₹521.78 lakh, a decrease from ₹722.59 lakh in the previous year. Total revenue for the year stood at ₹587.12 lakh compared to ₹863.92 lakh in FY25. The company posted a net profit of ₹1.06 lakh for the year, down from ₹3.00 lakh in the corresponding period last year.

In the quarter ended March 31, 2026, the company recorded a net loss of ₹33.80 lakh. This contrasts with a net profit of ₹16.22 lakh in the same quarter of the previous year. Total revenue for the quarter was ₹485.57 lakh, slightly lower than the ₹491.25 lakh reported in the prior year.

Key Operational Metrics

The company's earnings per share (EPS) for the year ended March 31, 2026, was ₹0.04, a decline from ₹0.10 in the previous year. For the quarter ended March 31, 2026, the EPS was reported as a loss of ₹1.13.

Board Decisions

During the meeting held on May 23, 2026, the board also approved the re-appointment of M/s. Pramod Garg & Associates, Chartered Accountants, as the Internal Auditor of the company for the financial year 2026-2027. The meeting commenced at 06:00 P.M. and concluded at 07:00 P.M.