Sueryaa Knitwear has narrowed its net loss to ₹6.91 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹16.46 lakh in the previous year. The company reported a total income of ₹3.05 lakh, down from ₹24.87 lakh in FY25, primarily due to a lack of revenue from business operations during the year under review. The Board of Directors has approved the financial results and the Annual Report for FY 2025-26.

The company has scheduled its 30th Annual General Meeting (AGM) for August 8, 2026, at its registered office in Ludhiana. The meeting will commence at 01:00 P.M. IST. Shareholders will consider the adoption of the standalone audited financial statements for the year ended March 31, 2026. Additionally, the Board has proposed shifting the registered office of the company from the State of Punjab to the State of Rajasthan, subject to shareholder and regulatory approvals.

Key Meeting Details

To facilitate shareholder participation, the Board established Monday, August 3, 2026, as the cut-off date for determining eligibility for e-voting. The remote e-voting period is set to open on Wednesday, August 5, 2026, at 09:00 A.M. and close on Friday, August 7, 2026, at 05:00 P.M. M/s. Jain P & Associates, Practising Company Secretaries, has been appointed as the scrutinizer for the e-voting and ballot process.

The company reported that its earnings per share (EPS) for the period stood at ₹(0.27), compared to ₹(0.63) in the previous financial year. The Board has not recommended any dividend for the year under review due to the reported losses. The statutory auditors for the company are M/s. Saraswat & Company, Chartered Accountants.

Sueryaa Knitwear Limited's Board of Directors has approved the re-designation of Mr. Shailesh Miyanbazaz and the appointment of Ms. Aliva Dey as Chairperson, effective July 09, 2026. The changes, ratified during a board meeting, align with the recommendations of the Nomination and Remuneration Committee.

Mr. Shailesh Miyanbazaz (DIN: 10805735) transitions from the role of Additional Director (Category: Executive) to Additional Director (Category: Non-Executive). His re-designation is subject to shareholder approval at the upcoming general meeting. Ms. Aliva Dey (DIN: 10805742), previously Whole-time Director, has been designated as the Chairperson of the Company.

The re-designation of Mr. Miyanbazaz entails a shift in his remuneration structure, which will be mutually decided between the Board and the Director. He brings 16 years of experience in finance, accounts, and apparel manufacturing, holding an MSc. (Hons.) in International Business Management from Manchester Business School, United Kingdom.

Disclosures confirm that Mr. Miyanbazaz is not related to any other directors or Key Managerial Personnel on the Board. Furthermore, he is not debarred from holding the office of director by any order from SEBI or other authorities.

Board Changes Summary

The requisite disclosures were made to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.