Ausom Enterprise Limited has issued a postal ballot notice to shareholders seeking approval for material related party transactions worth ₹42,000.03 crore for the financial year 2026-27. The company has scheduled the voting period from March 1, 2026, at 9:00 a.m. to March 30, 2026, at 5:00 p.m., with shareholders able to cast their votes exclusively through remote e-voting.

Transaction Overview

The proposed transactions involve four related entities and encompass various business activities including sale and purchase of goods, lending, borrowing, and rental payments. All transactions are proposed to be conducted at arm's length basis and in the ordinary course of business.

Transaction Details by Entity

Zaveri and Company Private Limited

The largest proposed transaction involves Zaveri and Company Private Limited, valued at ₹12,000.03 crore. This entity operates in trading commodities, bullions, gold jewelry, diamonds, derivatives, shares and securities, manufacturing jewelry, refining gold and silver, and power generation through windmills.

Ausil Corporation Private Limited

The second-largest transaction involves Ausil Corporation Private Limited for ₹12,000 crore. This entity engages in trading bullions, gold jewelry, platinum, derivatives, shares and securities, manufacturing jewelry, and real estate development projects.

Joint Venture Transactions

Swadeshi Distributors LLP, which operates a hydro project in Salun, Himachal Pradesh, accounts for ₹6,000 crore in proposed transactions. IGR AUSOM LLP, involved in trading and manufacturing bullions, gold, jewelry, and refining gold and silver, represents ₹12,000 crore in transactions.

Regulatory Compliance

The transactions require shareholder approval under Regulation 23 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. With the company's consolidated turnover of ₹2,393 crore for FY 2024-25, the materiality threshold for related party transactions stands at ₹239.30 crore, making these transactions material due to their substantial value.

Voting Process

Shareholders can participate in the postal ballot exclusively through remote e-voting via CDSL's platform. The cut-off date for determining eligible voters is February 24, 2026. Related parties as defined under SEBI regulations will not be permitted to vote on these resolutions.

Audit Committee Approval

The Audit Committee, comprising independent directors, has reviewed and approved all proposed transactions after examining relevant details including material terms and pricing basis. The committee has confirmed that the transactions will be conducted at arm's length basis and in the ordinary course of business.

The scrutinizer appointed for the postal ballot process is Mr. Niraj Trivedi, Company Secretary in Practice. Results will be declared within two working days from the conclusion of voting, on or before April 1, 2026, and will be available on the company's website and stock exchange platforms.

AuSom Enterprise Limited has delivered impressive financial performance for the third quarter and nine months ended December 31, 2025, showcasing substantial growth across key financial metrics. The company's Board of Directors approved these unaudited results during their meeting held on February 12, 2026.

Financial Performance Highlights

The company's standalone financial results demonstrate remarkable growth momentum. Net profit for Q3FY26 reached ₹151.85 lakhs, representing a significant 122% increase from ₹68.48 lakhs recorded in Q3FY25. This strong performance was driven by improved operational efficiency and revenue generation.

Nine-Month Performance Analysis

The nine-month period ending December 31, 2025, further reinforced the company's strong operational performance. Net profit for the period surged to ₹1,339.19 lakhs compared to ₹584.27 lakhs in the corresponding period of the previous year, marking an impressive 129% growth.

Consolidated Results Performance

The consolidated financial results, which include the parent company, its wholly owned subsidiary Amazo Solar Power Private Limited, and joint ventures Swadeshi Distributors LLP and IGR AuSom LLP, showed equally strong performance. Consolidated net profit for Q3FY26 stood at ₹206.20 lakhs compared to ₹16.22 lakhs in Q3FY25.

Business Operations and Segment Focus

AuSom Enterprise operates primarily in trading commodities, bullions, gold jewellery, diamonds, derivatives, shares and securities. The company's business activities fall within a single primary business segment, which has contributed to its focused operational approach and improved financial performance.

Corporate Governance and Compliance

The company maintained strong governance standards during the quarter. The Audit Committee reviewed the financial results before Board approval. No investor complaints were pending at the beginning of the quarter, and three complaints received during the period were resolved satisfactorily. The statutory auditors C.R. Sharedalal & Co. conducted a limited review of the unaudited financial results.

Key Financial Metrics

The company's financial structure remained stable with paid-up equity share capital of ₹1,362.36 lakhs, consisting of shares with a face value of ₹10 each. The strong earnings performance translated into improved earnings per share metrics across both standalone and consolidated results, reflecting enhanced shareholder value creation.