Shukra Bullions Limited has announced the outcome of a separate meeting of independent directors held on March 27, 2026, in compliance with regulatory requirements. The meeting was conducted at the company's Ahmedabad office located at Panchdhara Complex 3rd Floor Near The Grand Bhagawati Hotel S.G. Highway Bodakdev Ahmedabad.

Meeting Details and Duration

The independent directors' meeting commenced at 2:00 PM and concluded at 2:30 PM IST on Friday, March 27, 2026. The brief but focused session lasted exactly 30 minutes, during which the directors addressed key governance and performance evaluation matters.

Key Agenda Items Reviewed

The independent directors conducted comprehensive evaluations across three critical areas of corporate governance:

Governance and Performance Assessment

The meeting focused on evaluating the effectiveness of the company's leadership structure and decision-making processes. The independent directors assessed how well non-independent directors and the overall board have been performing their fiduciary duties. Additionally, they reviewed the chairperson's leadership effectiveness and strategic guidance provided to the organization.

Information Management Evaluation

A significant portion of the meeting was dedicated to assessing the information flow between company management and the board of directors. The independent directors evaluated whether the quality, quantity, and timeliness of information provided enables the board to effectively and reasonably perform their duties in overseeing the company's operations and strategic direction.

Regulatory Compliance

The meeting was conducted under Regulation 30 of the listing regulations, demonstrating Shukra Bullions Limited's commitment to maintaining transparency and adhering to corporate governance standards. The company has informed the Bombay Stock Exchange Limited about the meeting outcome through proper regulatory channels.

Shukra Bullions Limited has announced its unaudited financial results for the third quarter of FY26, demonstrating a strong turnaround in operational performance. The company's Board of Directors approved the quarterly results during their meeting held on February 9, 2026.

Financial Performance Overview

The company delivered impressive revenue growth during Q3FY26, with significant improvements across key financial metrics:

Quarterly Results Analysis

Shukra Bullions demonstrated remarkable revenue acceleration, with quarterly revenue jumping from ₹15.27 lakhs in Q3FY25 to ₹38.25 lakhs in Q3FY26. The company successfully returned to profitability, recording a net profit of ₹0.44 lakhs compared to a loss of ₹1.11 lakhs in the same quarter last year.

Total expenses increased to ₹37.81 lakhs from ₹16.38 lakhs, primarily driven by higher purchases of stock-in-trade worth ₹43.75 lakhs. However, the company benefited from positive inventory changes of ₹6.25 lakhs, which helped optimize the overall cost structure.

Nine-Month Performance

For the nine-month period ended December 31, 2025, the company's performance showed mixed results:

Other Comprehensive Income Impact

The company reported other comprehensive income of ₹1.76 lakhs in Q3FY26 compared to ₹84.84 lakhs in Q3FY25. For the nine-month period, other comprehensive income was negative at ₹71.79 lakhs versus positive ₹120.49 lakhs in the previous year, significantly impacting total comprehensive income.

Key Financial Highlights

Operational Metrics:

• Earnings per share (basic and diluted): ₹0.00 for Q3FY26
• Paid-up equity share capital: ₹501.53 lakhs (face value ₹10 per share)
• Employee benefits expense: ₹0.12 lakhs in Q3FY26
• Finance costs remained minimal at ₹0.01 lakhs

Shareholding Structure:

• Public shareholding: 42.82% (2,147,800 shares)
• Promoter and promoter group: 57.18% (2,867,500 shares)
• No pledged or encumbered shares reported

The company operates in a single business segment and reported no investor complaints during the quarter. The financial results were reviewed by the audit committee and approved by the board, with a limited review conducted by statutory auditors A L Thakkar & Co.