Pervasive Commodities Limited announced its unaudited financial results for the quarter ended December 31, 2025, demonstrating a strong recovery in Q3FY26 performance. The company's Board of Directors approved these results in their meeting held on February 11, 2026, at the registered office in Ahmedabad.

Financial Performance Highlights

The company showed remarkable improvement in its quarterly performance with significant year-on-year growth across key metrics:

Nine-Month Performance Analysis

While the quarterly results showed strong recovery, the nine-month period reflected challenges faced earlier in the fiscal year:

Board Meeting and Regulatory Compliance

The Board of Directors meeting commenced at 5:00 PM and concluded at 6:40 PM on February 11, 2026. The meeting was held pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Managing Director Fagun Chandrakant Soni (DIN: 10610730) signed the regulatory filing submitted to BSE Limited.

Capital Structure Changes

Significant changes occurred in the company's capital structure during the reporting period:

The company completed conversion of warrants into equity shares with an effective date of May 20, 2025. Additionally, during Q1 FY2026, the company split its equity shares from face value of ₹10.00 to ₹1.00 each, with a record date of April 7, 2025.

Auditor Observations and Operational Challenges

The limited review report by V S S B & Associates highlighted several key observations. The company faced significant operational challenges during the previous quarter, which impacted the overall nine-month performance. According to the financial statements, the company incurred substantial losses due to destruction of perishable stock-in-trade, with the entire closing stock value considered nil. The auditors noted that no insurance coverage was in place for the company's stock, resulting in the entire loss being borne by the company.

The auditors also observed that the company utilized share warrant proceeds for working capital requirements and advances to suppliers, with management expecting goods corresponding to these advances to be received shortly.

Pervasive Commodities Limited has informed BSE Limited about the outcome of its Board meeting held on December 31, 2025, regarding the approval of a postal ballot for obtaining member consent on the appointment of an Independent Director.

Board Meeting Details

The Board of Directors convened at the company's registered office located at C-806, Titanium City Center, Near Sachin Tower, 100 Ft Road, Satellite, Ahmedabad, Gujarat. The meeting details are summarized below:

Postal Ballot Resolution Details

The Board approved the Notice of Postal Ballot for a specific item of special business requiring member approval:

Director Profile and Qualifications

Ms. Meenu Jain brings significant expertise to the Board with her professional qualifications and experience:

Remote E-Voting Schedule

The company has established a comprehensive timeline for the remote e-voting process, which will be conducted exclusively through NSDL's electronic voting platform:

Regulatory Compliance and Process

The postal ballot process adheres to all regulatory requirements under the Companies Act, 2013 and SEBI regulations. CS Jay Pandya of M/s. Jay Pandya & Associates has been appointed as the Scrutinizer to conduct the voting process transparently. The company will send the postal ballot notice electronically only to members whose email addresses are registered with the company, RTA (Purva Sharegistry India Private Limited), or depositories as of the cut-off date.

The announcement was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, signed by Fagun Chandrakant Soni, Managing Director (DIN: 10610730). The company operates under CIN L51909GJ1986PLC008539 and trades on BSE with security code 517172.