Hemang Resources Limited announced that its Board of Directors approved the unaudited standalone financial results for the third quarter ended December 31, 2025, in a meeting held on February 12, 2026. The board meeting, conducted through video conferencing, commenced at 12:30 PM and concluded at 15:35 PM, with results approved under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements.

Board Meeting Outcomes

The Board of Directors approved several key items during their meeting, including the unaudited standalone financial results for Q3 FY26, limited review report for the quarter, and other routine business matters. The results underwent limited review by statutory auditors A. John Moris & Co, with CA S Murali Kannan serving as the reviewing partner.

Financial Performance Overview

The company's quarterly performance showed significant operational challenges with zero revenue from operations during Q3 FY26. The financial metrics present a stark contrast to the previous year's corresponding quarter, with the company reporting a net loss of 18.44 lakhs.

Nine-Month Period Performance

For the nine-month period ended December 31, 2025, Hemang Resources demonstrated better operational performance compared to the quarterly results. The company generated substantial revenue from operations and maintained profitability with a net profit of 13.38 lakhs.

Business Segments and Operations

Hemang Resources operates through two primary business divisions. The coal trading segment generated revenue of 123.76 lakhs during the nine-month period, while the infrastructure/trading in land segment showed no revenue activity during the current period.

Balance Sheet and Capital Structure

As of December 31, 2025, the company maintained total assets of 5,566.62 lakhs compared to 5,557.04 lakhs as of March 31, 2025. The equity share capital remained stable at 1,320.00 lakhs, with paid-up equity shares of ₹10 each. The company reported negative earnings per share of (0.14) for Q3 FY26, while the nine-month period showed positive earnings per share of 0.10.

Hemang Resources Limited has announced key changes in its leadership structure following a board meeting held on November 7, 2025. The company, known for its operations in the coal industry, has made strategic appointments to strengthen its financial management and corporate governance.

Key Appointments and Authorizations

The Board of Directors of Hemang Resources Limited approved the following significant decisions:

Meeting Details

The board meeting, conducted through video conferencing, was a brief yet productive session:

• Date: November 7, 2025
• Duration: 30 minutes (12:15 PM to 12:45 PM)

Corporate Governance Implications

These appointments reflect Hemang Resources' commitment to maintaining robust financial oversight and ensuring compliance with regulatory requirements. The appointment of Ms. Nikhila P as CFO is expected to bring fresh perspectives to the company's financial strategies, while the authorization granted to Ms. Risha Rahul Jain streamlines administrative processes.

About Hemang Resources Limited

Hemang Resources Limited, with its registered office in Chennai and corporate office in Indore, operates in the coal industry. The company is listed on the Bombay Stock Exchange (BSE) with the scrip code 531178.

Investors and stakeholders can expect these new appointments to play crucial roles in shaping the company's financial direction and maintaining transparent communication with regulatory bodies and shareholders alike.

The company has duly informed the BSE Limited about these developments, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.