Standard Shoe Sole and Mould (India) Ltd has announced the book closure period for its upcoming annual general meeting. The company’s register of members and share transfer books will remain closed from September 24, 2026 to September 30, 2026 (both days inclusive).

The closure is necessary to determine the shareholders eligible to attend and vote at the 50th Annual General Meeting. The meeting is scheduled to take place on Wednesday, September 30, 2026, at 1:00 pm.

Regulatory Disclosure

The announcement was made pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors approved these dates during their meeting held on September 5, 2026.

K. Rakesh, Whole-time Director, signed the intimation addressed to BSE Limited.

Standard Shoe Sole And Mould (India) Limited reported a widened net loss of ₹5.76 lakh for the first quarter of FY27 (Q1FY27), ending June 30, 2026, compared to a net loss of ₹4.85 lakh in the corresponding quarter of the previous year. The Hyderabad-based manufacturer recorded zero revenue from operations and no other income during the period, indicating a continued absence of operational turnover. Total expenses for the quarter rose to ₹5.76 lakh from ₹4.85 lakh year-on-year, driven largely by a jump in other expenses to ₹5.01 lakh from ₹4.10 lakh in Q1FY26. Employee benefit expenses remained stable at ₹0.75 lakh.

The Board of Directors approved the unaudited standalone financial results at a meeting held on August 12, 2026. The results were reviewed by the Audit Committee and subjected to a limited review by S. Daga & Co., Chartered Accountants, the company’s statutory auditors, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The financial statements were prepared in accordance with Indian Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Standards) Rules, 2015.

Financial Performance Overview

The company continues to operate without generating revenue, resulting in losses equal to total operating expenses. Diluted earnings per share stood at a loss of ₹0.11 per share for the quarter, compared to a loss of ₹0.09 per share in Q1FY26. For the full fiscal year ended March 31, 2026, the company reported a net loss of ₹11.61 lakh.

What the Numbers Show

The financial data reveals a persistent lack of revenue generation alongside rising operational costs. While employee benefits remained constant at ₹0.75 lakh across all reported periods, other expenses increased by approximately 22% year-on-year, from ₹4.10 lakh in Q1FY26 to ₹5.01 lakh in Q1FY27. This divergence between static staffing costs and rising miscellaneous expenses suggests potential inefficiencies or increased overheads in non-core activities. With paid-up equity share capital standing at ₹518.15 lakh and reserves at a deficit of ₹609.13 lakh as of March 31, 2026, the company faces significant balance sheet pressure absent any operational turnaround.