Unijolly Investments Company Ltd board approved the appointment of Mr. Ashwin Nandan Singh as an additional non-executive director during its meeting on August 31, 2026.

The board also addressed changes to its audit team, appointing M/s. CNGSN & Associates LLP as statutory auditor to fill a casual vacancy caused by the resignation of M/s. G. Nagendrasundaram & Co.

Governance Changes

The company took note of the resignation of M/s. B S S & Associates as secretarial auditor due to increased professional commitments. The board subsequently appointed M/s. Kasat & Associates as secretarial auditor for five consecutive years, from FY 2026-27 to FY 2030-31, subject to shareholder approval.

Additionally, the board noted the resignation of Mr. K Srivas as internal auditor and appointed M/s. Pranaya & Co as internal auditor for FY 2026-27.

Annual General Meeting Details

The board fixed the 44th Annual General Meeting (AGM) for Saturday, September 26, 2026, at 11:00 am via video conference or other audio-visual means. The cut-off date for determining voting eligibility is September 19, 2026.

Remote e-voting will commence on Wednesday, September 23, 2026, at 9:00 am and end on Friday, September 25, 2026, at 5:00 pm. Mrs. N. Vanitha of P.S. Rao & Associates was appointed as scrutinizer for the AGM.

What the Numbers Show

The simultaneous replacement of statutory, secretarial, and internal auditors indicates a comprehensive refresh of the company’s compliance infrastructure. This consolidation of audit appointments into a single board resolution suggests a streamlined approach to governance oversight ahead of the upcoming financial year.

Unijolly Investments Company Limited reported a net loss of ₹0.077 million for the first quarter ended June 30, 2026 (Q1FY26), a significant improvement from the ₹3.937 million loss recorded in the same quarter of the previous fiscal year. The Hyderabad-based investment firm’s total revenue for the period stood at ₹0.344 million, up sharply from ₹0.021 million in Q1FY25.

The company’s operational revenue remained negligible at ₹0.016 million, with the bulk of income derived from other sources amounting to ₹0.328 million. This contrasts with the preceding quarter (Q4FY26), where other income contributed ₹0.574 million to a total revenue of ₹0.574 million.

Financial Performance

Total expenses for Q1FY26 were ₹0.417 million, comprising employee benefits of ₹0.154 million and other expenses of ₹0.263 million. This resulted in a pre-tax loss of ₹0.074 million. After accounting for tax expenses of ₹0.004 million, the net loss stood at ₹0.077 million.

Despite the operating loss, the company reported a substantial positive swing in Other Comprehensive Income (OCI). OCI for the quarter was ₹5.731 million, driven by items that will not be reclassified to profit or loss (₹6.659 million), partially offset by deferred tax relating to these items (₹0.928 million). Consequently, the total comprehensive income for the period was ₹5.654 million, compared to a comprehensive loss of ₹16.427 million in Q4FY26.

What the Numbers Show

A notable divergence exists between the company’s operational performance and its comprehensive income. While the core operations resulted in a net loss of ₹0.077 million, the total comprehensive income turned positive at ₹5.654 million. This indicates that the majority of the company’s financial movement in Q1FY26 was driven by non-operational items captured in OCI, rather than traditional revenue generation or cost management.

Corporate Governance Changes

During the board meeting held on August 13, 2026, Unijolly Investments noted several administrative changes:

• Resignation of Ms. Simran Sharma as Company Secretary and Compliance Officer, effective July 24, 2026.
• Resignation of M/s. Narasimha Rao & Associates as Statutory Auditors, effective August 13, 2026.
• Appointment of M/s. G. Nagendra Sundaram & Co. as Statutory Auditors for FY27, subject to shareholder approval at the ensuing annual general meeting.

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors. The statutory auditors issued a limited review report, stating that nothing came to their attention to suggest the statement contained material misstatements.