Aadi Industries Limited has announced its unaudited financial results for the second quarter of fiscal year 2026, ended September 30, 2025, in compliance with Regulation 33 of SEBI Listing Regulations. The company reported a net loss of ₹2.70 lakhs for the quarter, showing improvement compared to the ₹4.95 lakhs loss recorded in the same quarter of the previous year.

Quarterly Financial Performance

The company's Q2FY26 results demonstrate a reduction in losses on a year-over-year basis. The quarterly performance comparison reveals significant cost management improvements:

Half-Yearly Results Analysis

For the half-year period ended September 30, 2025, Aadi Industries reported a net loss of ₹6.90 lakhs compared to ₹2.72 lakhs loss in the corresponding period of the previous year. The half-yearly expenditure breakdown shows:

Balance Sheet Position

As of September 30, 2025, the company's balance sheet reflects significant changes in its financial position. Total assets increased substantially to ₹262.90 lakhs from ₹16.53 lakhs as of March 31, 2025:

Cash Flow Statement Analysis

The company's cash flow statement for the period ended September 30, 2025, shows a net cash outflow from operating activities of ₹240.96 lakhs, primarily due to the substantial increase in trade receivables. However, this was offset by financing activities that generated ₹245.84 lakhs, resulting in a net positive cash flow of ₹4.88 lakhs for the period.

Corporate Governance and Regulatory Compliance

The financial results were reviewed by the audit committee and approved by the Board of Directors at their meeting held on November 14, 2025, with the meeting conducted from 4:00 PM to 7:45 PM. The results have been subject to limited review by RAK Champs & Co LLP, the company's statutory auditors. The company maintains a paid-up equity share capital of ₹1,000.00 lakhs with a face value of ₹10 per share. The results have been prepared in accordance with Indian Accounting Standards and comply with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Aadi Industries Limited has announced a comprehensive board restructuring with multiple key appointments and resignations, effective January 14, 2026. The company's Board of Directors, based on recommendations from the Nomination and Remuneration Committee, approved significant changes to strengthen its leadership team and governance structure.

New Director Appointments

The company has appointed four new directors to its board, bringing diverse expertise and experience to the organization.

Darshan Mehta, aged 46 years, brings over 23 years of experience in financial matters within the pharmaceutical industry. As one of the promoters of the Aquatic group of companies, he holds a Bachelor of Commerce degree from Nagpur University and currently serves on the boards of Jay Formulations Limited, Oceanic Techno Chem Private Limited, and Aquatic Formulations (India) Limited.

Dipyanti Jaiswar is a Company Secretary and Law Graduate with more than 9 years of experience in corporate governance, listing regulations, and company secretarial practice. She previously served as Head Company Secretary and Compliance Officer at GeeCee Ventures Limited since 2015.

Deepti Sharma brings over 9 years of diversified experience across multiple verticals. She holds a Master of Commerce degree from Rajasthan University and an MBA in Operations Management from Narsee Monjee Institute of Management Studies, Mumbai. She currently serves as Director at Veefin Solutions Limited and Ikoma Technologies Limited.

Key Management Personnel Changes

Tejas Sampat has been appointed to multiple critical roles within the organization:

Sampat is a Chartered Accountant with over 14 years of specialized experience at Ernst & Young, where he served as Director. His expertise includes complex financial landscapes, M&A tax strategies, and managing large-scale professional teams.

Barkha Chaturvedi has been appointed as Company Secretary and Compliance Officer. She is a qualified Company Secretary with 5 years of experience in human resources, statutory compliance, documentation, and employee governance.

Board Resignations

The company has accepted resignations from several key positions, all effective from the close of business hours on January 14, 2026:

Compliance and Governance

The company has confirmed that all new appointees meet the required regulatory standards. Darshan Mehta, Dipyanti Jaiswar, Deepti Sharma, and Tejas Sampat are not debarred from holding director positions by SEBI or any other authority. The independent directors have confirmed they meet the criteria of 'Independence' under the Companies Act, 2013 and SEBI (LODR) Regulations, 2015.

The board meeting was conducted on January 14, 2026, commencing at 3:00 PM and concluding at 5:00 PM. All appointments are subject to shareholder approval where required under applicable regulations.