Airan Limited has announced its unaudited financial results for the third quarter of FY26 ended December 31, 2025, demonstrating strong operational performance across both standalone and consolidated operations. The Board of Directors approved the results at their meeting held on February 14, 2026.

Standalone Financial Performance

The company's standalone operations showed robust performance during Q3FY26. Revenue from operations reached ₹2,650.99 lakh, supported by other income of ₹862.02 lakh, bringing total income to ₹3,513.01 lakh for the quarter.

The company's profitability was significantly enhanced by an unrealized fair value gain of ₹707.21 lakh on shares of Beacon Trusteeship Limited held as current investments during the quarter.

Consolidated Financial Results

On a consolidated basis, Airan Limited's performance included contributions from its subsidiaries across multiple geographies. The consolidated revenue from operations stood at ₹2,929.80 lakh for Q3FY26, with total income reaching ₹3,808.26 lakh.

Operational Expenses and Cost Management

The company maintained disciplined cost management across key expense categories. Total standalone expenses for Q3FY26 were ₹2,508.25 lakh, with employee benefit expenses constituting the largest component at ₹1,286.49 lakh. Other significant expenses included coordinator expenses of ₹580.60 lakh and data processing expenses of ₹369.51 lakh.

Geographic Revenue Distribution

The consolidated segment information reveals the company's revenue distribution across geographies:

Exceptional Items and Regulatory Impact

The company reported exceptional items of ₹51.83 lakh in standalone results and ₹52.24 lakh in consolidated results for Q3FY26. These items primarily relate to the incremental impact of new Labour Codes notified by the Government of India on November 21, 2025, which consolidated 29 existing labour laws. The impact consists mainly of gratuity adjustments arising from changes in wage definition.

Capital Structure and Share Information

Airan Limited maintains a stable capital structure with paid-up equity share capital of ₹2,500.40 lakh, comprising shares with a face value of ₹2.00 each. The company's other equity stood at ₹10,625.67 lakh on a standalone basis and ₹11,930.29 lakh on a consolidated basis as of December 31, 2025.

Airan Limited , a company listed on the National Stock Exchange (NSE: AIRAN) and BSE (Scrip Code: 543811), has taken a significant step towards aligning its corporate structure with current regulatory requirements. At the company's 30th Annual General Meeting (AGM) held on September 27, 2025, shareholders overwhelmingly approved the adoption of a new Memorandum of Association (MOA) to comply with the Companies Act, 2013.

Key Changes in the MOA

The revision of Airan's MOA involves several important modifications:

1. Restructuring of Object Clauses: The company has merged Clause III(C) 'Other Objects' with Clause III(B), streamlining its operational focus.

2. Renaming of Clause III(B): This clause has been retitled as 'Matters which are necessary for furtherance of the objects specified in Clause III(A)', providing clearer guidance on the company's auxiliary activities.

3. Updated Liability Clause: The liability clause now explicitly states that member liability is limited to unpaid amounts on shares held, enhancing transparency for shareholders.

Shareholder Approval and Voting Results

The special resolution for adopting the new MOA received strong support from shareholders:

Management's Perspective

Sandeepkumar Vishwanath Agrawal, Chairman & Managing Director of Airan, emphasized that the main business objects of the company remain unchanged. He stated, "The modifications to our MOA are solely for regulatory compliance and to align with the Companies Act, 2013 framework. This update ensures that our corporate structure reflects current legal standards while maintaining our core business focus."

Implications for Investors

While the changes to the MOA are primarily administrative, they demonstrate Airan's commitment to good corporate governance and regulatory compliance. The overwhelming shareholder support for this move indicates strong alignment between the company's management and its investors.

Other AGM Resolutions

In addition to the MOA adoption, the AGM saw the approval of several other resolutions, including:

1. Adoption of financial statements
2. Re-appointment of Mr. Abhishek Sandeepkumar Agrawal as a director
3. Appointment of M/s. SCS and CO. LLP as the Secretarial Auditor for five years
4. Re-appointment and remuneration approval for Mr. Sandeepkumar Vishwanath Agrawal as Chairman & Managing Director
5. Re-appointment and remuneration approval for Mrs. Poonam Sandeepkumar Agrawal as an Executive Director
6. Approval for giving loans, guarantees, or providing security under Section 185 of the Companies Act, 2013

All resolutions passed with significant majority, reflecting strong shareholder confidence in the company's governance and future direction.

The adoption of the new MOA marks an important milestone in Airan's corporate journey, ensuring its governance structure is fully aligned with current regulatory requirements while maintaining its core business focus.