Jai Mata Glass Limited recently held a board meeting to approve its financial results for the second quarter and first half of the fiscal year 2026. The company also addressed a regulatory non-compliance issue related to the frequency of board meetings. Here's a breakdown of the key points:

Financial Performance

Jai Mata Glass Limited reported the following financial results for Q2 and H1 FY2026:

The company's financial performance shows losses for both the quarter and the half-year period ended September 30, 2025.

Regulatory Non-Compliance

The board addressed a non-compliance issue with SEBI regulations regarding the number of board meetings held. Key points include:

• The gap between board meetings extended to 122 days, exceeding the regulatory limit.
• The delay was attributed to health issues faced by the late Managing Director, Chander Mohan Marwah.
• Mr. Marwah was outside India from March 27 to May 18, 2025, for medical reasons.
• He passed away on May 28, 2025, shortly after returning to India.

Remedial Actions

In response to the non-compliance, Jai Mata Glass Limited has taken the following steps:

1. Paid applicable penalties as communicated by the Bombay Stock Exchange.
2. Committed to ensuring timely compliance with regulatory requirements going forward.

Additional Information

• The board meeting was held on October 27, 2025, at the company's head office.
• The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors.
• A Limited Review Report was provided by the company's Statutory Auditors.

Jai Mata Glass Limited has assured stakeholders that necessary steps will be taken to avoid such delays in the future and maintain compliance with all regulatory requirements.

Investors and stakeholders should note that while the company has addressed the non-compliance issue, the reported financial losses may require close monitoring of the company's future performance and strategies for improvement.

Jai Mata Glass Ltd , a company operating as a selling agent for figured glass sales, has reported its financial results for the first quarter, showing improvement in both revenue and profitability. The company also announced key appointments and the scheduling of its Annual General Meeting.

Financial Performance

The Board of Directors of Jai Mata Glass Ltd approved the unaudited financial results for the quarter ended June 30. The company's performance showed positive growth compared to the same period last year:

The company's revenue from operations increased marginally to Rs. 10.85 lakhs in the current quarter, up from Rs. 10.77 lakhs in the same quarter of the previous year. More notably, Jai Mata Glass Ltd managed to significantly reduce its total expenses, leading to a substantial increase in profitability.

The profit after tax for the current quarter stood at Rs. 2.25 lakhs, compared to Rs. 0.70 lakhs in the previous year's quarter, representing a remarkable growth of 221.43%. This improvement in profitability is reflected in the company's earnings per share, which increased to Rs. 0.002 for the quarter.

Corporate Developments

In addition to the financial results, Jai Mata Glass Ltd made several important announcements:

1. Annual General Meeting: The company has scheduled its 45th Annual General Meeting for September 8, to be held at the registered office in Village Tipra, Barotiwala, Distt Solan, Himachal Pradesh.

2. Appointment of Statutory Auditors: The Board approved the appointment of M/s Khiwani Sood & Associates, Chartered Accountants, as the company's Statutory Auditors for a five-year term from FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming AGM.

3. Appointment of Secretarial Auditors: M/s. Navneet Kumar & Associates, Practicing Company Secretaries, have been appointed as Secretarial Auditors for the same five-year period, also subject to shareholder approval.

4. Scrutinizer for AGM: Mr. Navneet Kumar, a Practising Company Secretary, has been appointed as the Scrutinizer for conducting the postal ballot and e-voting process for the upcoming AGM.

Business Outlook

Jai Mata Glass Ltd continues to operate as a selling agent for figured glass sales. The company's Board of Directors is actively exploring and evaluating various business opportunities to enhance its operations and profitability.

The financial results and corporate announcements reflect the company's efforts to maintain transparency with its shareholders and comply with regulatory requirements. Investors and stakeholders can access the detailed financial results on the company's website and the Bombay Stock Exchange website.

As Jai Mata Glass Ltd moves forward, the focus appears to be on maintaining its current business while seeking new avenues for growth and expansion in the figured glass market.