Ashoka Metcast Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, following the board meeting held on February 13, 2026. The company submitted both standalone and consolidated financial statements to BSE and NSE under Regulation 33 of SEBI (LODR) Regulations, 2015.

Board Meeting Outcome

The board meeting was conducted at the company's registered office and concluded the review of quarterly financial performance:

Standalone Financial Performance

The company's standalone operations showed modest performance for Q3FY26:

For the nine months ended December 31, 2025, standalone revenue from operations reached ₹140.75 lakh compared to ₹179.78 lakh in the corresponding period, while net profit stood at ₹49.76 lakh versus ₹233.33 lakh in the previous year.

Consolidated Financial Results

The consolidated performance demonstrated stronger operational metrics:

Segment-wise Performance

The company operates in multiple business segments with varying contributions:

Regulatory Compliance

The financial results were reviewed by G M C A & CO., Chartered Accountants (FRN: 109850W), with CA. Mitt S Patel (Membership No: 163940) serving as the reviewing partner. The limited review reports for both standalone and consolidated results contained no adverse observations. The results were prepared in accordance with Ind AS as prescribed under Section 133 of the Companies Act, 2013, and comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ashoka Metcast Limited announced that its Board of Directors has approved a significant amendment to the company's Memorandum of Association during a board meeting held on 30th January, 2026. The proposed alteration involves the insertion of a new business object that will expand the company's operational scope into commodities trading.

Board Meeting Details

The board meeting was conducted on 30th January, 2026, commencing at 01:00 PM and concluding at 01:30 PM. The directors considered and approved the alteration in the Memorandum of Association, which is now subject to approval from company members through postal ballot by e-voting.

New Business Object

The amendment involves inserting a new clause numbered III [A] (6) in the Main Object Clause of the Memorandum of Association. The details of the proposed new business object are as follows:

The new object clause will enable the company to carry on business activities including:

• Trading, buying, selling, importing, and exporting commodities
• Investing in, arbitraging, and hedging commodity positions
• Dealing in precious and base metals, bullion, and minerals
• Trading energy products and soft/hard commodities
• Engaging in spot, forward, futures, options, and other derivative contracts
• Operating on both recognized and unrecognized markets

Regulatory Compliance

The disclosure has been made in accordance with Regulation 30 and Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company has informed BSE Limited about this material event, with the security code 540923.

Approval Process

The proposed amendment is subject to approval from company members through postal ballot by e-voting. This process ensures that shareholders have the opportunity to vote on the significant change to the company's business objectives. The amendment will become effective only upon receiving the requisite member approval through this democratic process.

The communication was signed by Ashok C. Shah, Managing Director (DIN: 02467830), and includes the company's official seal, confirming the authenticity of the disclosure.