Yamini Investments Company Limited company name has scheduled a board meeting for August 13, 2026, to formally accept the resignation of Kalpana Agarwala as Company Secretary and Compliance Officer. The resignation becomes effective from August 13, 2026, following the close of business hours, marking a change in the company’s compliance leadership.

The Board of Directors will convene at the company’s registered office in Mumbai at 3:00 P.M. on August 13, 2026. In addition to the personnel change, the board is mandated under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The meeting agenda also includes approving the limited review report on these financial results.

Kalpana Agarwala submitted her resignation letter on August 6, 2026, stating that personal reasons prevent her from devoting sufficient time to the company’s affairs. She holds Membership Number 61351 with the Institute of Company Secretaries of India. The resignation letter requests the company to submit the necessary intimations to the Registrar of Companies and other concerned regulatory authorities.

Key Details of the Resignation

The company must now update its statutory records and inform the Bombay Stock Exchange regarding the departure. As Managing Director Manish Dalmia signed the intimation letter, he remains in his current role overseeing the transition. No immediate replacement for Agarwala was named in the filing.

What This Means for Compliance

The departure of a Company Secretary requires Yamini Investments to ensure continuity in regulatory filings and corporate governance procedures. Until a new appointment is made and approved, the company must ensure that all statutory deadlines, including those related to the upcoming quarterly results, are met without disruption. The board meeting serves as the formal mechanism to record this change in the company’s official registers.

Yamini Investments Company Ltd reported a sharp decline in its financial performance for the year ended March 31, 2026, with net profit falling to ₹18.66 crore from ₹145.13 crore in the previous year. The company's revenue from operations also contracted significantly to ₹652.97 crore in FY26 from ₹4,683.75 crore in FY25. The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026.

The standalone financial results were reviewed by the Audit Committee and approved by the Board. The statutory auditors, SSRV & Associates, issued an unqualified report on the audited financial results. The company stated that the figures for the quarter ended March 31, 2026, are the balancing figures between the audited figures of the full financial year and the published unaudited year-to-date figures up to the third quarter.

Financial Performance

The company's total income for FY26 stood at ₹653.30 crore, down from ₹4,684.23 crore in the previous year. Total expenses for the year were reported at ₹628.08 crore, a decrease from ₹4,488.11 crore in FY25. For the quarter ended March 31, 2026, the company reported a net loss of ₹36.44 crore, compared to a net profit of ₹8.05 crore in the quarter ended December 31, 2025, and a net loss of ₹290.58 crore in the corresponding quarter of the previous year.

The basic and diluted earnings per share (EPS) for continuing operations for FY26 were reported at ₹0.004, down from ₹0.028 in FY25. The paid-up equity share capital remained unchanged at ₹52,57,26,400 shares with a face value of ₹1.00 each.

Assets and Liabilities

As of March 31, 2026, the company's total assets stood at ₹8,371.29 lakh, a decrease from ₹9,152.79 lakh in the previous year. Non-current investments remained stable at ₹3,777.60 lakh. Current assets decreased to ₹4,590.06 lakh from ₹5,371.56 lakh, primarily due to a reduction in trade receivables and bank balances.

Total liabilities decreased to ₹1,437.59 lakh from ₹2,237.76 lakh in the previous year. Current financial liabilities, which include borrowings and trade payables, reduced to ₹1,388.89 lakh from ₹2,178.43 lakh. Total equity attributable to the owners of the parent increased marginally to ₹6,933.70 lakh from ₹6,915.03 lakh.

Cash Flow Statement

The net cash flow from operating activities for FY26 was positive at ₹617.02, compared to a negative cash flow of (1,212.83) in the previous year. The company reported no cash flow from investing activities. Net cash used in financing activities was ₹(795.21), primarily due to the repayment of borrowings. Consequently, the closing cash and cash equivalents for the year stood at ₹2.10, a sharp decline from ₹180.29 in the previous year.

Board Appointments

In addition to the financial results, the Board approved the re-appointment of Mr. Akhil Agarwal, Practising Company Secretary, as Secretarial Auditor for the financial year 2026-27. The Board also appointed Shikha Singhal & Associates, Chartered Accountants, as the Internal Auditor for the same period. Both appointments were made on the recommendation of the Audit Committee.