Chaman lal setia exports Ltd. has announced that its board of directors will convene on February 12, 2026, to review and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting represents a key milestone in the company's quarterly reporting cycle as it prepares to disclose its financial performance for the quarter ended December 31, 2025.

Board Meeting Details

The board meeting has been scheduled in compliance with Regulation 29 read with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The session will commence at 2:00 PM and will be conducted at the company's corporate office located at Building No. 472 Udyog Vihar, Phase 3, Sector 20, Gurgaon-122001, Haryana.

Trading Window Restrictions

In accordance with insider trading regulations, Chaman Lal Setia Exports has implemented a trading window closure for designated persons. The restriction on dealing in company securities will remain in effect until 48 hours after the public announcement of the unaudited financial results, extending through February 14, 2026. This measure was previously communicated to the exchanges via a letter dated December 24, 2025.

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure obligations by notifying both the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited about the upcoming board meeting. The notification, signed by Company Secretary and Compliance Officer Kanika Nevtia, ensures transparency and regulatory adherence in the financial reporting process.

Company Information Access

Stakeholders and investors can access additional information about the board meeting and related developments through the company's official website at www.clsel.in under the Investor Relations section. This digital platform serves as a comprehensive resource for corporate announcements and investor communications.

Chaman Lal Setia Exports Ltd (CLSEL), a leading Basmati rice exporter, is navigating through a challenging market environment marked by price fluctuations and changing customer behavior. Despite facing headwinds in the first half of FY26, the company remains optimistic about achieving its revenue target for the full fiscal year.

Revenue Decline and Market Dynamics

CLSEL experienced a significant export sales decline of approximately INR 150.00 crores in Q2/H1 FY26. This downturn was primarily attributed to a drop in rice prices, which fell from INR 71.00/kg to INR 60.00/kg. The price reduction led to customers delaying their purchases in anticipation of further price drops, impacting the company's sales volume.

Profitability and Future Outlook

Despite the volume decline, CLSEL has managed to maintain its profitability ratios. The company's Joint Managing Director and CFO, Mr. Rajeev Setia, expressed confidence in achieving a revenue target of INR 1,500.00 crore for FY26. This target is supported by several factors:

1. Low procurement prices: The current low rice prices are enabling the company to procure inventory at favorable rates.
2. Expanded capacity: New plants in Karnal and Gandhidham have increased the company's production capabilities.
3. Strong order pipeline: The company is receiving orders from new clients and seeing a revival in demand from existing markets.

Market Strategies and Challenges

CLSEL is employing several strategies to navigate the current market conditions:

1. Inventory management: The company is leveraging its financial strength to hold inventory when prices are unfavorable, waiting for better selling opportunities.
2. Diverse customer base: With a presence in 95 countries and around 400 customers worldwide, CLSEL can adapt to varying market conditions.
3. Focus on profitability: The company prioritizes maintaining profit margins over volume growth.

Global Market Dynamics

The global Basmati rice market is experiencing several shifts:

1. Expanding cultivation areas: Basmati rice cultivation is spreading to new regions beyond traditional areas like Punjab and Haryana.
2. Changing consumer preferences: There's growing acceptance of Basmati rice among non-ethnic consumers in export markets.
3. Geopolitical factors: Issues such as the recent US tariffs have temporarily impacted demand in some markets.

Challenges and Opportunities

While facing challenges such as price volatility and changing customer behavior, CLSEL sees opportunities in:

1. Low procurement prices: Current low prices allow for building inventory at favorable rates.
2. New markets: The company is making inroads into markets like Russia.
3. Potential for market share growth: As a major player in Basmati exports, CLSEL is well-positioned to benefit from any potential decline in competition from other exporting countries.

Conclusion

Chaman Lal Setia Exports Ltd is demonstrating resilience in a fluctuating market. While the company faces short-term challenges due to price volatility and changing customer behavior, its strong market position, expanded capacity, and strategic approach to inventory management position it well for potential growth. Investors and market watchers will be keenly observing how the company navigates these market dynamics in the coming quarters.