SV Global Mill Limited has successfully conducted its mandatory independent directors meeting for the financial year 2025-26, as required under regulatory compliance norms. The meeting was held on March 28, 2026, demonstrating the company's commitment to maintaining robust corporate governance standards.

Meeting Details and Compliance

The independent directors meeting was conducted in accordance with Regulation 25(3) of the Securities and Exchange Board of India (LODR) Regulations, 2015, read with Schedule IV of the Companies Act, 2013. The session was efficiently managed, lasting exactly 15 minutes from 11:00 a.m. to 11:15 a.m. on Saturday, March 28, 2026.

Key Agenda Items Reviewed

The independent directors addressed three critical areas of corporate governance during their meeting. The primary focus was on conducting a comprehensive performance review of the non-independent directors and the board of directors for the financial year 2025-2026. This evaluation process is essential for maintaining accountability and ensuring effective board functioning.

The directors also undertook a specific review of the chairman's performance, which forms a crucial component of the overall governance assessment. Additionally, they conducted a thorough assessment of the quality, quantity, and timeliness of information flow between the company's management and the board.

Regulatory Significance

This meeting represents SV Global Mill Limited's adherence to mandatory corporate governance requirements. The independent directors meeting is a statutory requirement designed to ensure that independent directors can evaluate the company's governance practices without the presence of executive management. The company has duly informed BSE Limited about the meeting outcome, maintaining transparency with regulatory authorities and stakeholders.

The meeting was formally communicated to BSE Limited by P.S. Ravishankar, Company Secretary and Compliance Officer, ensuring proper documentation and regulatory compliance. This demonstrates the company's systematic approach to meeting all disclosure obligations under the listing regulations.

SV Global Mill Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, demonstrating significant improvement in financial performance across key metrics.

Financial Performance Highlights

The company's standalone financial results show remarkable turnaround in profitability for Q3FY26:

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company maintained strong performance:

Consolidated Results

On consolidated basis, the company's performance was equally impressive with net profit of Rs.648.38 lacs in Q3FY26 compared to Rs.51.63 lacs in Q3FY25. The consolidated nine-month net profit reached Rs.660.39 lacs versus Rs.112.18 lacs in the previous year.

Earnings Per Share and Capital Structure

The company reported basic and diluted earnings per share of Rs.3.25 for Q3FY26 compared to Rs.(0.04) in Q3FY25. The paid-up equity share capital remained stable at Rs.904.15 lacs with face value of Rs.5 per share.

Corporate Developments

The Board of Directors approved the execution of a lease deed with group company The Thirumagal Mills Limited for the registered office premises located at Door no.3/1, 6th Cross Street, CIT Colony, Mylapore, Chennai – 600004. The lease agreement is for three years with monthly rent of Rs.1,69,200, maintaining the existing rental structure.

Regulatory Compliance

Pursuant to Regulation 47 of SEBI (LODR) Regulations, 2015, the company published its financial results in newspapers on February 6, 2026:

Business Operations

The company operates primarily in real estate development activities as a single business segment. The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on February 5, 2026.