Gaekwar mills Limited has announced that its Board of Directors will convene on February 14, 2026, to review and approve the company's quarterly financial performance. The meeting has been scheduled in accordance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The primary focus of the board meeting will be the consideration and approval of crucial financial documents for the reporting period.

Regulatory Compliance

The announcement was made through a formal communication to BSE Limited on February 5, 2026, ensuring compliance with mandatory disclosure requirements. The company operates under CIN L17120MH1949PLC007731 and trades on BSE with scrip code 502850.

Company Leadership

The board meeting notification was signed by Mrs. Shweta Dhruv Shah, who serves as the company's Whole-time-Director & CEO with DIN 03287393. The formal communication was digitally signed on February 15, 2026, confirming the authenticity of the announcement.

Corporate Information

Gaekwar Mills Limited maintains its registered office at 2/2, Plot-2, New Sion CHS, Swami Vallabhadas Marg, Road No. 24, Sindhi Colony, Sion Mumbai – 400022. The company can be reached at 022-24018811 or through email at gaekwarmills1928@gmail.com , with additional information available on their website www.gaekwarmills.in .

The upcoming board meeting represents a standard quarterly review process, allowing the company to formally present its financial performance to stakeholders and ensure transparency in its operations as required by regulatory frameworks.

Gaekwar Mills Limited has demonstrated a remarkable financial turnaround in the second quarter of FY26, swinging from a substantial loss to profitability. The textile company submitted revised unaudited financial results for Q2 FY26 and the half-year ended September 30, 2025, following regulatory compliance requirements under SEBI Listing Regulations.

Financial Performance Highlights

The company's quarterly performance showed a dramatic improvement across key metrics:

Half-Year Performance Analysis

The half-year results for FY26 further reinforced the company's improved operational efficiency:

Key Operational Factors

The significant improvement in financial performance was primarily attributed to the absence of premium on debenture redemption charges. In Q2 FY25, the company had written off ₹118.43 lakhs as premium on debenture redemption, which substantially impacted profitability. For the current quarter, no such charges were recorded.

Employee benefit expenses showed a modest increase to ₹0.75 lakhs in Q2 FY26 from ₹0.60 lakhs in Q2 FY25. Other expenses increased to ₹2.45 lakhs from ₹0.55 lakhs in the corresponding previous quarter, but remained well-controlled compared to historical levels.

Balance Sheet Position

The company's financial position as of September 30, 2025, reflected the following key elements:

Debenture Status and Regulatory Compliance

The company disclosed that secured non-convertible debentures worth ₹35 crores (Series A: ₹30 crores, Series B: ₹5 crores) had a redemption date of March 31, 2025. Negotiations with debenture holders for extension are ongoing but not finalized as of the board meeting date. The results were reviewed by the audit committee and approved by the board of directors on November 14, 2025, in compliance with Indian Accounting Standards (Ind AS) and SEBI regulations.