Western Ministil has scheduled its 52nd Annual General Meeting (AGM) for September 18, 2026. The Board of Directors approved the new date and the company’s annual report for FY26 during a meeting on August 24, 2026.

This follows an earlier announcement on August 17, where the company had postponed the AGM originally planned for September 9 due to unavoidable circumstances. The Board subsequently cancelled all details related to the initial schedule.

Updated AGM Schedule

The Board approved convening the meeting via video conferencing or other audio-visual means. Key logistical details for the rescheduled event are as follows:

The cut-off date for determining eligibility for e-voting is fixed as September 11, 2026. Members holding shares as on this date may vote electronically. The e-voting period runs from Tuesday, September 15, 2026, at 9:00 am to Wednesday, September 17, 2026, at 5:00 pm. Once votes are cast, they cannot be changed.

Approval of Financials

In addition to fixing the AGM date, the Board approved the Board’s Report along with its annexures for the financial year ended March 31, 2026. The 52nd Annual Report for FY25–26 was also approved during the same session. The Annual Report, including the Notice of AGM, has been sent electronically to members whose email IDs are registered with Depository Participants or the RTA. It is also available on the company’s website, NSDL, and BSE.

The Board meeting commenced at 4:00 pm and concluded at 4:45 pm. This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III and the relevant SEBI Circular dated January 30, 2026.

Western Ministil Limited reported a widening consolidated net loss of ₹18.62 lakh for the first quarter ended June 30, 2026 (Q1FY27), compared to ₹10.15 lakh in the preceding quarter. The divergence between standalone and consolidated performance highlights significant losses at the subsidiary level, raising concerns about group-level operational efficiency despite stable top-line revenue.

The Board of Directors approved the unaudited financial results on August 06, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were subsequently published in 'News Hub' and other newspapers on August 08, 2026. The statutory auditors carried out a limited review of the figures for the quarter.

Financial Performance Overview

Total income from operations remained stagnant at ₹1.29 lakh for both standalone and consolidated entities in Q1FY27, matching the ₹0.41 lakh reported in Q4FY26 is incorrect; the source shows ₹1.29 lakh for current quarter vs ₹0.41 lakh for previous quarter? No, looking closely at the table: Standalone Q1FY27 Income: 1.29 Standalone Q4FY26 Income: 0.41 Consolidated Q1FY27 Income: 1.29 Consolidated Q4FY26 Income: 0.41

Actually, let's re-read the table carefully. Row 1: Total income from operations (net) Col Q1FY27: 1.29 Col Q4FY26: 0.41

So revenue increased from ₹0.41 lakh to ₹1.29 lakh. Let's correct the summary and article.

Correction: Revenue rose from ₹0.41 lakh in Q4FY26 to ₹1.29 lakh in Q1FY27. However, this increase was insufficient to offset costs, leading to losses.

The standalone entity posted a net loss of ₹4.38 lakh after tax, an improvement from the ₹10.15 lakh loss in Q4FY26. Earnings per share (EPS) stood at ₹(0.07), compared to ₹(0.16) in the previous quarter. Despite the revenue increase, the company continues to operate at a deficit, with equity share capital remaining unchanged at ₹615.72 lakh.

What the Numbers Show

The critical observation lies in the disparity between standalone and consolidated results. While the standalone business narrowed its loss significantly, the consolidated loss more than doubled from ₹10.15 lakh to ₹18.62 lakh. This indicates that subsidiaries or associates incurred substantial losses of approximately ₹14.24 lakh in the quarter, dragging down the group’s overall profitability. Investors should monitor whether these subsidiary losses are one-off or indicative of structural issues within the group's broader operations.