Takyon Networks Ltd has re-appointed its internal and secretarial auditors following its Board Meeting held on May 20, 2026. The decisions were taken to comply with the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board re-appointed M/s Kapoor Varma & Associates, Chartered Accountants, as the Internal Auditor of the company for the financial year 2026-27. The firm, bearing Firm Registration No. 025813C, was appointed to conduct the internal audit for a period of one year. The remuneration for the auditor will be as decided by the Board of Directors.

Furthermore, the company re-appointed M/s Gesu Nathani & Associates, Practicing Company Secretary, as the Secretarial Auditor for a tenure of five consecutive years. This term is set to commence from FY 2026-27 and will continue until FY 2030-31. The appointment is subject to the approval of the shareholders at the ensuing Annual General Meeting.

Details of Appointments

The following table summarizes the key details regarding the re-appointments:

The Board Meeting commenced at 4:05 PM and concluded at 6:30 PM on May 20, 2026, at the Registered Office of the company. The disclosures regarding these changes in key managerial personnel were made in accordance with Regulation 30 of the SEBI Listing Regulations.

Takyon Networks Ltd has announced its audited financial results for the year ended March 31, 2026. The Board of Directors approved the standalone and consolidated financial results at a meeting held on May 20, 2026. The company reported a net profit of ₹306.59 lakh for the financial year 2025-26, a decrease from ₹638.15 lakh in the previous year. Revenue from operations for the year stood at ₹7,043.71 lakh, compared to ₹9,940.13 lakh in FY25.

Financial Performance

The company's total income for FY26 was ₹7,205.55 lakh, down from ₹9,975.76 lakh in the previous year. Total expenses for the period were ₹6,823.88 lakh, lower than ₹9,086.25 lakh in FY25. The basic earnings per share (EPS) for the year were ₹2.76, compared to ₹6.06 in the prior year. For the half year ended March 31, 2026, the company reported a net loss of ₹19.89 lakh.

Consolidated Results

On a consolidated basis, Takyon Networks reported a net profit of ₹365.42 lakh for FY26, down from ₹695.75 lakh in the previous year. Consolidated revenue from operations stood at ₹7,105.25 lakh for the year. The consolidated basic EPS was ₹3.29 for FY26, compared to ₹5.22 in FY25. The subsidiary, TNPL IT Services Private Limited, contributed to the consolidated figures with total assets of ₹356.76 lakhs and revenues of ₹91.97 lakhs.

Fund Utilization and Auditors

The company confirmed that the proceeds from its IPO, totaling ₹2,047.68 lakh, were fully utilized as of March 31, 2026. The funds were allocated towards working capital, repayment of borrowings, and general corporate purposes. The statutory auditors, M/s. ADV & Associates, issued an audit report with an unmodified opinion on the financial results. The trading window closure, which was effective from April 1, 2026, will remain closed until 48 hours after the public announcement of the results.