Web Element Solutions Ltd has closed its trading window effective October 1, 2026, in preparation for the announcement of unaudited financial results for the half year ended September 30, 2026.

The closure applies to all designated persons as defined in the company's code of internal procedures. Trading in the company's securities remains prohibited until 48 hours after the declaration of these financial results.

Regulatory compliance and timeline

This action complies with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended, and BSE Circular no. LIST/COMP/01/2019-20 dated April 2, 2019. The company's code of internal procedures and conduct for regulating, monitoring, and reporting of trading in securities by designated persons also mandates this restriction.

Board meeting schedule

The date of the board meeting to consider the unaudited financial results for H1FY26 will be intimated separately in due course. The filing was signed by Shrena Shah, Executive Director, on September 29, 2026.

Web Element Solutions Limited filed its annual report for FY26 alongside the notice for its 18th Annual General Meeting (AGM), scheduled for September 30, 2026. The Mumbai-based IT solutions provider reported a significant improvement in profitability despite modest top-line growth.

The company’s revenue from operations grew 1.47% year-on-year to ₹23.25 million in FY26, up from ₹22.92 million in the preceding fiscal year. However, the bottom line expanded sharply, with net profit after tax rising 43.8% to ₹45.13 million, compared to ₹31.38 million in FY25.

Financial Performance

The surge in profitability was primarily driven by a reduction in total expenses, which fell to ₹22.12 million in FY26 from ₹22.84 million in FY25. This cost discipline offset the modest revenue growth. Other income also contributed positively, increasing to ₹4.35 million from ₹4.01 million last year, largely supported by interest income on loans and fixed deposits.

The Board of Directors did not recommend any dividend for the year and chose not to transfer any amount to the general reserve. The paid-up equity share capital remained unchanged at ₹6.78 million.

Corporate Governance Updates

The Board proposed the reappointment of Mr. Shailesh Patel as a Director retiring by rotation. Additionally, shareholders will be asked to regularize the appointments of two Additional Non-Executive Independent Directors: Mr. Abhishek Shashikant Agrawal and Mr. Lalit Kumar Tapadia. Both were appointed effective June 30, 2026, for a three-year term ending June 29, 2029.

Ms. Hansa Gaggarr, Practicing Company Secretary, was appointed as the scrutinizer for the e-voting process. The book closure period is set from September 24, 2026, to September 30, 2026, with the e-voting eligibility cutoff on September 23, 2026.

Auditor Observations

Statutory Auditors M/s. SDG & Co. issued an unqualified opinion on the financial statements. The Secretarial Audit Report highlighted minor instances of delayed filings with the Bombay Stock Exchange, noting that management is taking steps to ensure strict compliance going forward.