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Swati Projects Limited has released its quarterly financial results for the third quarter of FY26 ended December 31, 2025, alongside significant corporate governance updates. The company's Board of Directors convened on February 14, 2026, from 4:30 PM to 5:30 PM to approve these developments.

Financial Performance Overview

The Board approved and took on record the unaudited financial results for both standalone and consolidated operations for the quarter ended December 31, 2025. These results were prepared in accordance with Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, along with the Auditor's Limited Review Report.

The financial results indicate operational challenges during the quarter, with the company reporting net losses in both standalone and consolidated operations. The consolidated results include subsidiaries M/s Radhashree Roadsters Private Limited and M/s Radhashree Apartments Private Limited.

Key Corporate Appointments

The company announced the appointment of Ms. Papia Naskar Raha as Company Secretary and Compliance Officer with effect from February 14, 2026. Ms. Raha brings significant expertise to the role:

Regulatory Compliance Updates

The company confirmed its compliance with various SEBI regulations:

The company confirmed that Regulations 52(4), 52(5) & 52(7) of SEBI (LODR) Regulations, 2015 are not applicable as no debentures have been issued. Mr. Ravi Todi, Wholetime Director, has been authorized to sign and file Form DIR-12 and other documents with the Registrar of Companies regarding the Company Secretary appointment.

Auditor Review and Compliance

M Modi & Associates, Chartered Accountants (FRN: 319141E), conducted the limited review of both standalone and consolidated financial results. The auditors confirmed that the financial statements were prepared in accordance with Indian Accounting Standards (Ind AS) 34 "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013.

The financial results and corporate announcements demonstrate the company's commitment to regulatory compliance and transparent governance practices while navigating operational challenges in the current quarter.