Mehai technology Limited has announced the approval of its unaudited financial results for the third quarter of fiscal year 2026. The company's Board of Directors convened on February 14, 2026, to review and approve the quarterly financial statements for the period ended December 31, 2025.

Board Meeting Details

The board meeting was conducted at the company's corporate office located at 144, Dakshindari Road Sreebhumi North 24 Parganas, Patipukur, West Bengal. The meeting commenced at 5:00 p.m. and concluded at 6:40 p.m. on Saturday, February 14, 2026.

Financial Results Approval

The Board of Directors considered and approved the unaudited standalone and consolidated financial results for the quarter ended December 31, 2025. These results were prepared in accordance with applicable accounting standards and regulatory requirements.

Statutory Compliance

The financial results were accompanied by a Limited Review Report issued by the company's statutory auditor, M/s. Bijan Ghosh & Associates, Chartered Accountants. This announcement was made pursuant to Regulation 30, 33 and other relevant regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company Information

Mehai Technology Limited operates with its registered office at Plot No. H-394 RIICO, Sarna Dungar Amber, Industrial Area Jhotwara, Jaipur 302012, Rajasthan. The company is listed on BSE with the code 540730 and holds CIN L35105RJ2013PLC066946. The announcement was signed by Jugal Kishore Bhagat, Managing Director with DIN 02218545.

Mehai Technology Limited (MTL) has entered into a significant loan agreement with its subsidiary, Mehai Aqua Private Limited (MAPL), as disclosed in a recent regulatory filing. The agreement outlines an unsecured loan facility of up to ₹9.10 crores, aimed at refinancing MAPL's existing debt.

Key Details of the Loan Agreement

Relationship and Terms

Mehai Technology Limited holds a substantial 95.10% of the paid-up share capital in Mehai Aqua Private Limited, establishing this as a related party transaction. The company has affirmed that the transaction is conducted at arm's length, adhering to regulatory requirements.

Loan Utilization and Repayment

The loan facility is designed to be flexible, allowing MAPL to draw funds as needed over time. This structure may provide MAPL with the ability to manage its debt more effectively, potentially reducing its interest burden by refinancing higher-cost debt from UCO Bank.

Regulatory Compliance

MTL has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's proactive disclosure aligns with transparency norms expected of listed entities in India.

This strategic financial move by Mehai Technology Limited underscores the company's commitment to supporting its subsidiary's financial health. By providing a lower-interest loan facility, MTL may be aiming to optimize the group's overall financial structure and potentially improve MAPL's operational flexibility.