Skyline Millars has provided a web link for its Integrated Annual Report for FY26 to members who have not registered their email addresses with the company or depositories. This disclosure, made on September 4, 2026, ensures that all shareholders can access the financial statements and other documents before the upcoming annual meeting.

The report is available on the company’s website at www.skylinemillarsltd.com . The exact path to the document is specified in the intimation letter sent to the Bombay Stock Exchange. Members are encouraged to update their email addresses with their depository participants or the registrar to receive future communications electronically, supporting the company’s green initiative.

106th AGM Schedule and Agenda

The 106th Annual General Meeting (AGM) is scheduled for Monday, September 28, 2026, at 2:00 pm. In compliance with Ministry of Corporate Affairs and SEBI guidelines, the meeting will be conducted exclusively through Video Conferencing (VC) or Other Audio Visual Means (OAVM). Physical attendance has been dispensed with.

The primary agenda includes adopting the Audited Financial Statements for the financial year ended March 31, 2026. Shareholders will also vote on the re-appointment of Mr. Jatin Daisaria as a Non-Executive Non-Independent Director. He retires by rotation at the ensuing meeting and, being eligible, offers himself for re-appointment.

Mr. Daisaria has served on the board since April 24, 2007. He holds a B.Com degree and possesses over 30 years of experience in the real estate industry. During the current financial year, he attended two out of four board meetings. His remuneration will consist of sitting fees for attending board and committee meetings, subject to the limits prescribed under the Companies Act, 2013.

Voting and Participation Details

Shareholders can participate in the AGM and cast their votes using the remote e-voting facility provided by MUFG Intime India Private Limited. The remote e-voting period commences on Friday, September 25, 2026, at 9:00 am and concludes on Sunday, September 27, 2026, at 5:00 pm.

Individual shareholders holding securities in demat mode with NSDL or CDSL can log in via their respective depository websites or the InstaVote platform. Shareholders holding physical shares must register on the InstaVote platform using their folio numbers and PAN details. Corporate members are required to submit certified copies of board resolutions authorizing their representatives to attend and vote.

Key Dates and Logistics

The Register of Members and Share Transfer Books will remain closed from Tuesday, September 22, 2026, to Monday, September 28, 2026. This closure determines the list of shareholders eligible to vote at the AGM.

The deemed venue for the meeting is the company’s registered office in Mumbai. Members are advised to join the VC session 30 minutes before the scheduled start time. The facility will be available for up to 1,000 members on a first-come, first-served basis.

Skyline Millars Limited reported a narrowed standalone net loss of ₹28.12 lakh for the first quarter ended June 30, 2026, improving significantly from the ₹45.85 lakh loss recorded in Q4FY26. The company’s revenue from operations remained at zero for the third consecutive quarter, reflecting ongoing stagnation in its core real estate business due to legal impediments. Despite the absence of operational sales, the firm managed to reduce its quarterly deficit by nearly 39% compared to the previous period, driven primarily by a sharp decline in construction and other expenses.

The Board of Directors, chaired by Whole-time Director Maulik Dave, approved the unaudited financial results on July 29, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The financial statements were reviewed by S G D G & Associates LLP, the company’s independent auditors, who issued a limited review report confirming that the results were prepared in accordance with Ind AS 34 and did not contain any material misstatements. The audit committee also reviewed the results prior to board approval.

Financial Performance Overview

Total income for the quarter stood at ₹3.12 lakh, derived entirely from other income sources, as revenue from operations was nil. This marks a decline from the ₹7.09 lakh total income recorded in Q4FY26, which included ₹7.09 lakh in other income. In the corresponding quarter of the previous year (Q1FY25), the company had reported ₹54.11 lakh in operational revenue, highlighting the prolonged halt in business activities.

Expenses for the quarter totaled ₹31.24 lakh, down sharply from ₹52.94 lakh in Q4FY26. Cost of construction, a major expense head, fell to ₹6.53 lakh from ₹16.51 lakh in the previous quarter. Employee benefit expenses rose slightly to ₹8.90 lakh from ₹8.32 lakh, while other expenses decreased significantly to ₹15.60 lakh from ₹27.90 lakh. Depreciation remained stable at ₹0.21 lakh. No finance costs were incurred during the period.

What the Numbers Show

The most critical aspect of Skyline Millars’ financial position is the complete absence of operational revenue, which has persisted since Q2FY26. The company’s note disclosures reveal that it has been unable to launch the next phase of development at its Ghatkopar project since 2011 due to a matter pending before the Supreme Court. This legal stalemate has effectively frozen the company’s primary revenue stream, forcing it to rely on minimal other income while incurring fixed costs such as employee benefits and administrative overheads. The narrowing loss is not driven by operational improvement but rather by cost containment, particularly in construction-related expenditures which have dropped to near-minimal levels. With reserves standing at ₹1,942.49 lakh as per the previous year’s balance sheet, the company currently has sufficient capital to absorb these losses, but the long-term viability remains contingent on the resolution of the Supreme Court case.

The earnings per share (EPS) for the quarter stood at a loss of ₹0.07, an improvement from the ₹0.11 loss per share in Q4FY26 and the ₹0.09 loss in Q1FY25. The paid-up equity share capital remains unchanged at ₹402.24 lakh. As the company continues to operate without active real estate development, investors should monitor any updates regarding the Supreme Court proceedings, which remain the sole catalyst for potential revenue resumption.