Paras Petrofils Limited , a company listed on multiple Indian stock exchanges, has announced the approval of its unaudited financial statements for the first quarter of the fiscal year 2026. The company's Board of Directors convened on August 13, 2025, to review and approve the financial results for the quarter ended June 30, 2025.

Board Meeting Details

The board meeting, which took place at the company's registered office, commenced at 3:30 PM IST and concluded at 3:59 PM IST. During this brief session, the directors reviewed and approved the unaudited standalone financial statements for Q1 FY2026.

Financial Review Process

As part of the financial reporting process, Paras Petrofils Limited engaged RMR & Co. Chartered Accountants to conduct a limited review of the quarterly results. CA Rohit Vijayvargia, a partner at the firm, served as the reviewing partner for this engagement.

Key Highlights of the Limited Review Report

The limited review report, dated August 13, 2025, provided several important insights:

1. The review was conducted in accordance with the Standard on Review Engagements (SRE) 2410, as issued by the Institute of Chartered Accountants of India.
2. The scope of the review was primarily limited to inquiries of company personnel and analytical procedures applied to financial data.
3. The review process aims to provide moderate assurance that the financial statements are free of material misstatement.
4. The auditors stated that nothing came to their attention that would cause them to believe that the financial results were not prepared in accordance with applicable accounting standards and other recognized accounting practices.
5. The financial results were found to be in compliance with the disclosure requirements under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance

In line with regulatory requirements, Paras Petrofils Limited has submitted these financial results to multiple stock exchanges where its securities are listed, including:

• National Stock Exchange of India Ltd. (NSE)
• BSE Limited (formerly Bombay Stock Exchange)
• The Calcutta Stock Exchange Ltd.

Transparency and Disclosure

The company has demonstrated its commitment to transparency by promptly disclosing the outcome of the board meeting and making the financial results available to stakeholders. The unaudited financial statements and the limited review report have been made accessible on the company's website at www.paraspetrofils.in .

While specific financial figures were not disclosed in the available information, the approval of the quarterly results and the clean limited review report suggest that Paras Petrofils Limited continues to operate in compliance with regulatory standards and accounting practices.

Investors and stakeholders interested in detailed financial performance metrics are advised to refer to the full unaudited financial statements available on the company's website or through the respective stock exchange platforms.

Paras Petrofils Limited , a company listed on the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and Calcutta Stock Exchange, has announced a significant change in its key managerial personnel. The company's Company Secretary and Compliance Officer, Shalu Sarraf, has tendered her resignation, effective from the close of working hours on July 30, 2025.

Resignation Details

Shalu Sarraf, who holds the Associate Company Secretary (ACS) certification number 63225, submitted her resignation via email on July 30, 2025. The primary reason cited for her departure is relocation, as she expressed her inability to continue in the position due to moving out of the city.

Company's Response

Paras Petrofils Limited has accepted Sarraf's resignation and has promptly disclosed this change in key managerial personnel to the relevant stock exchanges, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Official Disclosure

The company's Wholetime Director, Deepak Kishorchandra Vaidya (DIN: 08201304), signed the official disclosure document. The announcement was made to ensure transparency and to keep shareholders and the market informed about this significant personnel change.

Impact and Next Steps

While the departure of a Company Secretary and Compliance Officer is a notable event for any publicly traded company, Paras Petrofils Limited has not yet announced a successor to Shalu Sarraf. Stakeholders and investors will likely be watching closely for announcements regarding the appointment of a new Company Secretary to ensure continued compliance and smooth corporate governance.

Paras Petrofils Limited, with its registered office at 1st Floor Dhamanwala Complex, Opp. Apple Hospital, Khatodara Road, Udhana, Surat, Gujarat, continues its operations as usual. The company's management will be responsible for ensuring a smooth transition in this key role to maintain regulatory compliance and effective corporate communication.