Smartlink Holdings has appointed Mr. Shaunak Desai as the Cost Auditor for the financial year 2026-27. The Board of Directors approved the appointment at its meeting held on June 19, 2026, based on the recommendation of the Audit Committee. Mr. Desai will conduct the audit of the cost records of the company for the specified financial year.

The appointment was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The necessary disclosure regarding the appointment was submitted to the stock exchanges as per the SEBI Master Circular dated January 30, 2026.

Mr. Shaunak Desai (ACMA 44386) holds a Firm Registration No. 002310. He is a practicing Cost Accountant with extensive expertise in costing projects and cost records compliance. His professional experience spans critical sectors including electrical and electronics, machinery manufacturing, hospital, and hospitality. He also has experience in fertilizers, pharmaceuticals, ore mining, Electronics & Electricals, and Mechanical & Machinery, alongside specialized manufacturing like Glass & Plastic Lenses, and Plastic & Cork products.

Details of Appointment

The Board meeting, which commenced at 11:15 hours and concluded at 11:30 hours, also acknowledged the receipt of the regulatory filings. The company has communicated the appointment details to BSE Limited and National Stock Exchange of India Ltd.

Smartlink Holdings Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, following a Board of Directors meeting held on May 13, 2026. The company reported a strong financial turnaround, with statutory auditors issuing an unmodified opinion on both standalone and consolidated financial statements. The Board meeting commenced at 12:45 hours and concluded at 13:50 hours. In compliance with Regulation 33 read with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the extract of the financial results was subsequently published on May 14, 2026 in Financial Express (English - All Edition), Times of India (English - Goa Edition), and Pudhari (Marathi - Goa Edition), as communicated to BSE Limited and the National Stock Exchange of India Ltd by Company Secretary Edlan Fernandes.

Standalone Financial Performance

On a standalone basis, Smartlink Holdings reported a net profit of ₹1,321.99 lakhs for FY26, compared to ₹253.68 lakhs in the previous year. Revenue from contracts with customers rose to ₹12,546.81 lakhs from ₹9,696.51 lakhs. Total income for the year stood at ₹14,918.41 lakhs against ₹11,008.81 lakhs in the prior year, while total expenses were ₹13,583.27 lakhs versus ₹11,044.27 lakhs. Other income included a reversal of impairment on investments in its wholly owned subsidiary, Digisol Systems Limited, amounting to ₹1,288.36 lakhs. For the quarter ended March 31, 2026, standalone net profit was ₹1,430.46 lakhs, compared to ₹174.10 lakhs in the same quarter of the prior year, with basic and diluted EPS for the quarter at ₹14.34 (not annualised).

The following table summarises the standalone financial performance for FY26 versus FY25:

Consolidated Financial Performance

At the consolidated level, the group — comprising Smartlink Holdings Limited and its wholly owned subsidiary Digisol Systems Limited — reported a net profit of ₹1,314.55 lakhs for FY26, compared to ₹660.51 lakhs in the prior year. Consolidated revenue from contracts with customers grew to ₹26,934.75 lakhs from ₹21,452.63 lakhs. Total consolidated income reached ₹27,993.48 lakhs versus ₹22,643.64 lakhs in the previous year, while total consolidated expenses stood at ₹26,229.71 lakhs against ₹22,110.47 lakhs. Profit before tax on a consolidated basis was ₹1,763.77 lakhs for FY26 compared to ₹533.17 lakhs in FY25. The subsidiary's share of total assets (before consolidation adjustment) stood at ₹12,051.31 lakhs as at March 31, 2026, with total revenue (before consolidation adjustment) of ₹23,590.47 lakhs for the year.

Balance Sheet Highlights

On a standalone basis, total assets stood at ₹25,464.64 lakhs as at March 31, 2026, compared to ₹21,484.42 lakhs in the prior year. Total equity was ₹21,346.80 lakhs, with equity share capital at ₹199.50 lakhs and other equity at ₹21,147.30 lakhs. At the consolidated level, total assets were ₹30,206.16 lakhs as at March 31, 2026, against ₹24,603.74 lakhs previously, with total equity at ₹20,980.07 lakhs.

Dividend and Record Date

The Board of Directors recommended a final dividend of ₹2.00 per equity share (100%) of face value of ₹2 each for the financial year ended March 31, 2026. The dividend is subject to shareholder approval at the ensuing Annual General Meeting and shall be paid within 30 days from such approval, subject to deduction of tax at source as applicable. The record date for determining eligible shareholders has been set as Friday, July 10, 2026.

Key Governance and Appointments

The Board approved several governance decisions at its meeting held on May 13, 2026. Ms. Arati Naik (DIN: 06965985), a Graduate in Computer Science and Post-Graduate in Business & Information Systems from The University of Bolton, UK, and an alumna of IIM Bangalore, has been proposed for appointment as Wholetime Director designated as Executive Director for a term of five consecutive years from April 01, 2027 to March 31, 2032, subject to member approval. She is the daughter of Mr. K. R. Naik, Executive Chairman, and sister of Dr. Lakshana Sharma, Non-Executive, Non-Independent Director of the Company. Ms. Arati Naik is not debarred from holding office of a Director by virtue of any SEBI Order or any other such authority.

On the auditor front, M/s Marathe Rao & Swarup, Chartered Accountants (Firm Ref No. 131340W), were re-appointed as internal auditors for the financial year 2026-27. Additionally, M S K A & Associates LLP (formerly known as M S K A & Associates), ICAI Firm Registration No. 105047W/W101187, were appointed as Statutory Auditors for a term of five years — from the conclusion of the 33rd Annual General Meeting until the conclusion of the 38th Annual General Meeting — subject to member approval, replacing outgoing auditors Shridhar & Associates, who conveyed their unwillingness to continue for a second term. M S K A & Associates LLP, established in 1978, is registered with the ICAI and the PCAOB, with offices across 12 cities in India.

Newspaper Publication

In compliance with Regulation 33 read with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Smartlink Holdings published the extract of its financial results in the following newspapers on May 14, 2026: