Shivom Investment & Consultancy Limited (BSE: 539833) has formally published its unaudited standalone financial results for the quarter ended June 30, 2026, in national and regional newspapers. The company notified the BSE on August 16, 2026, regarding the publication in Standard Post (English) and Pratahkal (Marathi) on August 15, 2026, pursuant to Regulation 47(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The financial extract confirms the results previously approved by the Board of Directors on August 14, 2026. For Q1 FY27, the company reported a standalone net profit of ₹66.26 lakh, a decline from ₹76.07 lakh in the preceding quarter ended March 31, 2026. Revenue from operations fell to ₹71.35 lakh from ₹76.33 lakh in Q4 FY26.

Financial Performance

The unaudited results highlight a transitional phase in the company’s business model as it shifts from investment and consultancy to manufacturing. Total expenses remained low at ₹5.09 lakh, comprising employee benefits of ₹1.50 lakh and other expenses of ₹3.59 lakh. There were no finance costs, depreciation, or cost of materials consumed reported for the period.

The company reported no other income in the current quarter, contrasting with ₹2.20 lakh recorded in the previous quarter. The statutory auditors, Patel Soni Shah & Co., reviewed the results and issued an unqualified report with an emphasis of matter regarding the strategic pivot.

Strategic Context

Patel Soni Shah & Co. highlighted that the company altered its main object from investment and consultancy to manufacturing during the preceding year. This change is part of a strategic revival plan implemented by new management following the Corporate Insolvency Resolution Process (CIRP).

Key regulatory developments include:

• The National Company Law Tribunal (NCLT), Mumbai Bench-IV, approved the Resolution Plan on August 18, 2025.
• Management and control are now vested with the Successful Resolution Applicant.
• An application for revocation of trading suspension and activation of equity listing was filed with the stock exchange on April 16, 2025, and remains under process.

The full financial results are available on the company’s website at theshivom.com .

Shivom Investment & Consultancy Ltd adopted the audited standalone and consolidated financial statements for the year ended March 31, 2026, at its 36th Annual General Meeting held on July 7, 2026. The meeting, conducted physically at the company's registered office in Mumbai, also addressed the completion of the Corporate Insolvency Resolution Process (CIRP) and the implementation of the approved Resolution Plan as ordered by the NCLT, Mumbai Bench, on August 18, 2025. The Chairman informed members about the new management's efforts for the revival of operations and the preparation of pending financial statements.

Proceedings and Resolutions

The meeting was chaired by Mr. Ravi Dhirajlal Vagadiya, Managing Director, and attended by key board members including Mr. Kuldeep Bharatbhai Khachar, Mr. Prashant Ghanshyambhai Ukani, and Ms. Kajal Ankitbhai Pambhar. The company secretary informed members that the Auditors’ Report and Secretarial Audit Report contained certain observations and qualifications, which were explained in the Annual Report.

The items of ordinary business presented to the shareholders included the adoption of the audited financial statements for the financial year ended March 31, 2026, along with the Reports of the Directors and Auditors. Additionally, shareholders approved the re-appointment of Mr. Kuldeep Bharatbhai Khachar, Director, and the appointment of M/s. Patel Soni Shah & Co, Chartered Accountants, as Statutory Auditors for a term of 5 consecutive financial years. M/s. Ronak Jhuthawat & Co., Company Secretaries, were appointed as Secretarial Auditors for a period of 5 years.

Special resolutions passed included the appointment and regularization of Ms. Avani Vishnubhai Patel and Ms. Kajal Ankitbhai Pambhar as Independent Directors. The meeting also approved the adoption of a new set of Memorandum of Association and Articles of Association in conformity with the Companies Act, 2013. Furthermore, shareholders approved the fixation of tenure and remuneration for Mr. Ravi Dhirajlal Vagadiya as Managing Director, borrowing limits under Section 180(1)(c), and approvals for loans, guarantees, and security under Section 185, as well as limit enhancements under Section 186 of the Companies Act, 2013.

Voting Details

Shareholders were provided the facility to vote through remote e-voting and ballot paper. The remote e-voting facility, facilitated by Central Depository Services Limited (CDSL), was open from July 4, 2026, at 9:00 A.M. to July 6, 2026, at 5:00 P.M. Members who did not participate in e-voting could cast their votes via ballot paper during the meeting.

M/s. Ronak Jhuthawat & Co., Practicing Company Secretary, was appointed as the scrutinizer to oversee the voting process. The scrutinizer confirmed that the ballot box was checked and found empty and untampered before voting commenced. The resolutions were passed with the requisite majority based on the scrutinizer's report. The company submitted the voting results and the scrutinizer's report to BSE Limited on July 9, 2026, pursuant to Regulation 44(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Attendees

The following board members were present at the meeting: