Shreyans Industries Limited announced that Mr. Rakesh Kumar Mahajan retired from his position effective May 30, 2026. Consequently, he ceased to be the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company from the close of business hours on that date. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company referenced its Board Meeting Outcome letter dated May 20, 2026, regarding this change in leadership. The intimation was submitted to the Bombay Stock Exchange Ltd. and the National Stock Exchange of India Ltd. to ensure the information was placed on record.

Shreyans Industries Limited, headquartered in Ludhiana, Punjab, operates with a registered office at Village Bholapur, P.O. Sahabana, Chandigarh Road. The company is certified under ISO 9001:2015, ISO 14001, and ISO 45001 standards for quality, environmental, and occupational health and safety management systems.

Shreyans Industries Limited has released its audited financial results for the quarter and financial year ended March 31, 2026. The board of directors approved the results during a meeting held on May 20, 2026. The statutory auditors have issued an unmodified opinion on the audited financial results for the period.

For the financial year 2025-26, the company reported a net profit of ₹646.78 lakh, a sharp decline from ₹5060.15 lakh in the previous year. Revenue from operations increased marginally to ₹62283.09 lakh from ₹61676.63 lakh in FY25. Total income for the year stood at ₹63425.09 lakh compared to ₹63457.70 lakh in the corresponding period last year.

The quarterly performance for the period ended March 31, 2026, showed a net loss of ₹1048.30 lakh, contrasting with a net profit of ₹1845.58 lakh in the same quarter of the previous year. Revenue from operations for the quarter was ₹16770.01 lakh, down from ₹17907.99 lakh in the quarter ended March 31, 2025.

Financial Highlights

Board Decisions

The board recommended a final dividend of ₹1.50 per share on fully paid equity shares for the financial year ended March 31, 2026. This dividend is subject to the approval of shareholders. If approved, it will be credited or dispatched within 30 days from the date of the Annual General Meeting (AGM).

In governance matters, the board re-appointed M/s. Rajan Sabharwal & Associates as Cost Auditors for the financial year 2026-27. Additionally, the board approved the re-appointment of three directors subject to shareholder approval at the 46th AGM. Mr. Rajneesh Oswal was re-appointed as Chairman and Managing Director, Mr. Vishal Oswal as Vice-Chairman and Managing Director, and Mr. Kunal Oswal as Whole Time Director, each for a term of three years effective from September 1, 2026, or August 1, 2026, as applicable.

Management Changes

The company announced changes in its senior management leadership. Mr. Rakesh Kumar Mahajan retired from the position of Chief Financial Officer (CFO) effective May 30, 2026, due to superannuation. Succeeding him, Mr. Amit Arora has been appointed as the new CFO effective June 1, 2026. Mr. Arora brings 26 years of experience in finance and accounts and has been serving as Senior General Manager (Finance & Accounts) at the company since 2013.