Swadha Nature Limited has closed its trading window for dealing in securities starting October 1, 2026. The closure will remain in effect until 48 hours after the declaration of the company's unaudited financial results for the quarter ended September 30, 2026.

This measure applies to promoters, members of the promoter group, directors, key managerial personnel, insiders, designated persons, connected persons, and their immediate relatives. The restriction is implemented pursuant to Clause 4(2) of Schedule B read with Regulation 9 of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

The company also cited SEBI Circular No. SEBI/HO/ISD/ISD-SEC-4/P/CIR/2022/107 dated August 5, 2022, and SEBI/HO/ISD/ISD-PoD-2/P/CIR/2023/124 dated July 19, 2023. These regulations are read in conjunction with the company's Code of Internal Procedures and Conduct for Regulating, Monitoring and Reporting of Trading in Securities by Designated Persons.

All designated persons, including dependants and immediate relatives as defined in the code, along with connected persons, are advised not to enter into any transaction involving the securities of the company during this period. The date of the board meeting for publishing the unaudited financial results for Q2FY27 will be announced in due course.

Swadha Nature Limited reported a net loss of ₹6.77 crore for the first quarter of FY27 (Q1FY27), marking a significant deterioration from the ₹4.19 crore loss recorded in the corresponding quarter of the previous year. The Ahmedabad-based company, formerly known as MS Securities Ltd., disclosed nil revenue from operations for the period, while total expenses rose to ₹6.77 crore from ₹5.16 crore in Q1FY26. The Board of Directors approved the unaudited financial results on August 07, 2026, pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The financial performance was heavily impacted by a surge in other expenses, which increased to ₹6.03 crore in Q1FY26 compared to ₹4.78 crore in Q1FY25. Employee benefits expense also saw a notable rise, climbing to ₹0.73 crore from ₹0.38 crore in the same quarter last year. With no revenue generated from core operations, the company’s total revenue remained at nil, contrasting with ₹0.97 crore in total revenue during Q1FY25, which included ₹0.93 crore from operations and ₹0.04 crore from other income. In the current quarter, other income also stood at nil.

Financial Performance Overview

Note: Figures are in ₹ Crore. Negative values indicate losses.

What the Numbers Show

The absence of operational revenue combined with rising fixed costs highlights ongoing challenges in monetizing the company’s assets or services. The widening loss trajectory is evident when comparing the current quarter to both the prior year and the immediately preceding quarter. While Q4FY26 showed a net loss of ₹5.72 crore, the loss expanded further to ₹6.77 crore in Q1FY27. This suggests that cost containment measures have not yet offset the lack of income generation. The primary driver of this expense growth is 'other expenses,' which constitute the bulk of the outflow, indicating potential administrative or overhead pressures that management must address to stabilize the bottom line.

The unaudited financial statements were reviewed by P.H. Shah & Co., Chartered Accountants, who issued a limited review report confirming that the statements comply with Indian Accounting Standard 34 and SEBI LODR regulations. The company’s paid-up equity share capital stands at ₹409.45 crore, with earnings per share (basic and diluted) recording a loss of ₹0.17 per share for the quarter. For the full year ended March 31, 2026, the company reported a total revenue of ₹1.78 crore against total expenses of ₹14.82 crore, resulting in an annual net loss of ₹13.04 crore.