Chandrima Mercantiles Limited announced its unaudited financial results for Q3FY26 ended December 31, 2025. The Board of Directors approved these results during their meeting held on February 14, 2026, at the company's registered office in Ahmedabad, Gujarat.

Board Meeting and Regulatory Compliance

The board meeting commenced at 2:00 PM and concluded at 7:00 PM on February 14, 2026. The company submitted these results to BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee before board approval.

Financial Performance Overview

The company's financial results present a comprehensive view of its performance across multiple periods:

Expense Breakdown

The major expense components for the nine months ended December 31, 2025 include:

Tax and Comprehensive Income

The company reported tax expenses and comprehensive income details:

Share Capital Structure

The company maintains the following equity structure:

Business Operations and Auditor Notes

Chandrima Mercantiles operates primarily in one segment - trading in agriculture products. The statutory auditors conducted a limited review of the results as per Regulation 33 of SEBI regulations.

Key Auditor Observations

The independent auditor's review report highlighted several important matters:

• Closing stock calculations were certified by management only
• Balance confirmations for trade receivables and payables were not provided
• Insufficient audit evidence was available regarding investments held during the period

Compliance and Standards

The financial statements were prepared in accordance with:

• Companies (Indian Accounting Standards) Rules, 2015
• Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013
• SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

The results reflect the company's performance in its core business of agriculture product trading, with the board ensuring compliance with all regulatory requirements for listed entities.

Chandrima Mercantiles Limited announced significant leadership changes following a board meeting held on January 6, 2026, at its registered office in Ahmedabad, Gujarat. The meeting, conducted under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, commenced at 5:00 P.M. and concluded at 7:25 P.M., resulting in key appointments and resignations that will reshape the company's board structure.

Leadership Transition Details

The board approved the appointment of Mr. Dinesh Hareshbhai Gohel (DIN: 11061856) as the new Chairperson, effective January 6, 2026. Simultaneously, Mr. Pranav Kamleshkumar Trivedi (DIN: 09218324) resigned from his position as Non-executive Non-Independent Director cum Chairperson, also effective from the same date.

New Chairperson Profile

Mr. Dinesh Hareshbhai Gohel brings extensive experience in the agriculture and agri-business sector to his new role. According to the company's regulatory disclosure, he has held senior roles across organizations, with expertise in finance, operations, and strategic planning. The company confirmed that he is not related to any existing director of the company.

Committee Reconstitution

Following the leadership changes, the company reconstituted two key board committees effective January 6, 2026. The Nomination and Remuneration Committee now comprises Ms. Chetna as Chairperson (Non-Executive Independent Director), Mr. Parin Shirishkumar Bhavsar as Member (Non-Executive Independent Director), and Mr. Dinesh Hareshbhai Gohel as Member (Non-Executive and Non-Independent Director).

Resignation Details and Regulatory Compliance

Mr. Pranav Kamleshkumar Trivedi submitted his resignation due to personal reasons, stating his inability to devote adequate time to company affairs. In his formal resignation letter, he expressed gratitude to the directors and shareholders for the opportunity to serve as Non-Executive Non-Independent Director cum Chairperson. The company received confirmation from Mr. Trivedi that there are no other material reasons for his resignation beyond those mentioned in his resignation letter, as required under SEBI regulations.

The board meeting outcome was communicated to BSE Limited under the company's security code CHANDRIMA (540829), ensuring full regulatory compliance with SEBI disclosure requirements.