Deepak Spinners Limited, a prominent player in the textile industry, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company's performance reflects stability in a challenging market environment.

Financial Highlights

Key Takeaways

• Revenue Performance: Deepak Spinners reported a revenue from operations of Rs. 135.47 crore for the quarter ended September 30, 2025.
• Profitability: The company maintained profitability with a profit before tax of Rs. 2.63 crore, despite challenging market conditions.
• Balance Sheet: As of September 30, 2025, the company's total assets stood at Rs. 326.23 crore, showing a slight decrease from Rs. 332.52 crore in the previous period.
• Equity Position: The total equity remained robust at Rs. 223.30 crore, indicating a strong financial foundation.

Corporate Governance

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors. The board meeting, held on November 4, 2025, commenced at 4:17 p.m. and concluded at 5:15 p.m., demonstrating the company's commitment to timely disclosure and transparency.

Regulatory Compliance

In adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Deepak Spinners Limited promptly filed its unaudited financial results with the BSE Limited. This compliance underscores the company's dedication to maintaining good corporate governance practices and keeping shareholders informed.

The textile industry continues to face various challenges, including market volatility and economic uncertainties. Deepak Spinners' ability to maintain profitability in this environment suggests resilience in its business model and operational efficiency.

Deepak Spinners Limited , a prominent player in the textile industry, has made significant changes to its leadership and compliance team following shareholder approval at its 43rd Annual General Meeting (AGM) held on September 19, 2025. The company, known for its textile product marketing across domestic and international markets, has appointed a new Whole Time Director and a Secretarial Auditor, signaling a strategic move to strengthen its management and corporate governance.

New Leadership at the Helm

Raja Ram Kankani has been appointed as the President and Whole Time Director of Deepak Spinners Limited for a three-year term, effective May 22, 2025. The appointment, which received shareholder approval at the AGM, brings a wealth of experience to the company's leadership team.

Kankani's credentials include:

• Educational Background: M.Com and MBA (Marketing)
• Experience: Over 40 years in textile product marketing
• Previous Associations: Sutlej Textiles and Industries Limited, LNJ Bhilwara group, and Pasupati Spg & Wvg. Mills Limited

His extensive experience in both domestic and overseas markets is expected to be a valuable asset for Deepak Spinners Limited as it navigates the competitive textile industry landscape.

Strengthening Corporate Governance

In addition to the executive appointment, shareholders also approved the appointment of M/s. A. Arora & Co. as the company's Secretarial Auditor. This appointment is for a term of five consecutive financial years, from April 1, 2025, to March 31, 2030.

Key points about A. Arora & Co.:

• Registration: Practicing company secretaries firm registered with ICSI for over three decades
• Expertise: Specializes in Company Law, Securities Laws, Due Diligence, and Capital Market Transactions
• Services: Offers a wide range of services including secretarial audit, company setup, and regulatory approvals

Voting Results and Shareholder Participation

The AGM, conducted through video conferencing, saw active participation from shareholders. Here are some highlights from the voting results:

Voting on key resolutions:

Conclusion

These appointments come at a crucial time for Deepak Spinners Limited. With Raja Ram Kankani's extensive marketing experience and the professional oversight of A. Arora & Co., the company appears to be positioning itself for growth and improved corporate governance.

The strong shareholder support for these appointments, as evidenced by the voting results, suggests a positive outlook among investors regarding the company's strategic decisions. As Deepak Spinners Limited moves forward with its new leadership and compliance team, stakeholders will be watching how these changes translate into business performance and corporate practices.