Shivamshree Businesses Limited has notified BSE of a forthcoming Board of Directors meeting scheduled for Tuesday, May 19, 2026, to be held at the company's Corporate Office. The intimation has been filed pursuant to Regulation 29(1)(a) and Regulation 29(1)(d) read with Regulation 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board will convene to deliberate on a range of significant financial and corporate matters.

Key Agenda Items for the Board Meeting

The board meeting has been called to address multiple material matters. The following table summarises the primary agenda items:

Proposed Capital Restructuring and Fund Raise

A key proposal before the board involves increasing the Authorized Share Capital of the company from the existing ₹9,00,00,000/- (Rupees Nine Crores Only) to ₹9,75,00,000/- (Rupees Nine Crores Seventy-Five Lakhs Only). This proposed increase will necessitate a consequent alteration of the Capital Clause (Clause V) of the Memorandum of Association of the company, and is subject to the approval of shareholders.

Alongside this, the board will consider a proposal to raise funds through the issuance of 2,00,00,000 (Two Crores Only) equity shares of face value ₹1/- each on a preferential basis, at a price of ₹2/- per equity share, aggregating to ₹4,00,00,000/- (Rupees Four Crores Only). The proposed preferential allotment is to be carried out in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Companies Act, 2013, and other applicable laws, subject to necessary shareholder and regulatory approvals.

Annual General Meeting and Administrative Matters

The board will also consider the convening of the ensuing Annual General Meeting (AGM) to seek shareholder approval for ordinary business matters as well as special business matters, including the preferential allotment and the increase in Authorized Share Capital. The board will review and approve the draft Notice of the AGM and the accompanying Explanatory Statement.

Additional administrative items on the agenda include the appointment of a Scrutinizer to oversee the remote e-voting and e-voting process at the AGM, the appointment of an e-voting agency to provide the requisite platform, and the fixing of a cut-off date to determine the eligibility of shareholders to vote.

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct for Regulating, Monitoring, and Reporting of Trading by Insiders, the Trading Window for dealing in the securities of the company by Designated Persons and their immediate relatives has been closed with effect from April 01, 2026. The Trading Window shall remain closed until 48 hours after the declaration of the Audited Standalone Financial Results for the quarter and financial year ended March 31, 2026.

The intimation has been signed by Prafulbhai Parshottambhai Bavishiya, Managing Director (DIN: 01908180), on behalf of Shivamshree Businesses Limited, dated May 13, 2026.

Shivamshree Businesses Limited announced its unaudited standalone financial results for the quarter ended December 31, 2025, marking a significant turnaround in its financial performance. The company reported a profit after tax of Rs. 1.61 lacs for Q3FY26, compared to losses of Rs. 3.43 lacs in the previous quarter and Rs. 12.73 lacs in the corresponding quarter of the previous year.

Financial Performance Overview

The company's quarterly performance showed substantial improvement across key metrics:

Segment-wise Performance

The company operates in two primary business segments with distinct performance patterns. The manufacturing of industrial bags segment emerged as the primary revenue driver, contributing Rs. 363.60 lacs to quarterly revenue, while the trading of solar power generating systems and ancillaries segment reported minimal activity with no revenue for the quarter.

Nine-Month Performance

For the nine months ended December 31, 2025, the company reported total income of Rs. 1,065.93 lacs compared to Rs. 242.05 lacs in the corresponding period of the previous year. However, the company recorded a net loss of Rs. 28.05 lacs for the nine-month period, though this represents an improvement from the loss of Rs. 30.86 lacs in the previous year.

Capital Structure and Equity Issuance

During the financial year 2025-26, the company strengthened its capital base through a strategic equity issuance:

The paid-up equity share capital increased to Rs. 756.50 lacs as of December 31, 2025, from Rs. 456.50 lacs in the previous year.

Regulatory Compliance and Governance

The Board of Directors, in their meeting held on February 4, 2026, approved the unaudited standalone financial results upon recommendation of the Audit Committee. The meeting commenced at 02:15 p.m. and concluded at 02:40 p.m., during which the board also noted the Limited Review Report of the Statutory Auditors and took cognizance of SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2025/97 dated July 2, 2025.

The company's statutory auditors, MAAK & Associates, conducted a limited review of the financial results in accordance with applicable regulations. The auditors noted that the closing stock has been calculated and certified by management only, and highlighted the equity issuance during the financial year in their emphasis of matter section. The results were prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.