SAI Industries Limited has announced its unaudited financial results for the quarter ended September 30, 2025, revealing continued operational challenges with no revenue generation and increased losses. The Board of Directors approved these results during their meeting held on November 13, 2025.

Financial Performance Overview

The company reported a significant deterioration in its financial performance during Q2FY26. The net loss widened substantially compared to the previous year, reflecting ongoing operational difficulties.

Expense Analysis

The company's total expenses for Q2FY26 amounted to ₹2.13 lacs, representing a significant increase from ₹1.04 lacs in Q2FY25. The expense breakdown shows:

• Other Expenses: ₹2.04 lacs (compared to ₹1.04 lacs in Q2FY25)
• Legal and Professional Charges: ₹0.09 lacs (compared to nil in Q2FY25)
• Employee Benefit Expenses: Nil
• Depreciation and Amortisation: Nil

Half-Year Performance

For the six-month period ended September 30, 2025, SAI Industries reported a cumulative net loss of ₹2.16 lacs compared to ₹1.14 lacs in the corresponding period of the previous year. Total expenses for the half-year reached ₹2.16 lacs against ₹1.14 lacs in H1FY25.

Balance Sheet Position

As of September 30, 2025, the company's financial position remained challenging:

The company's investments remained stable at ₹731.00 lacs, while cash and cash equivalents decreased to ₹0.09 lacs from ₹0.22 lacs as of March 31, 2025. Current liabilities increased marginally, primarily due to higher borrowings of ₹827.15 lacs compared to ₹825.00 lacs at the end of FY25.

Regulatory Compliance

The financial results were reviewed by Girotra & Co., Chartered Accountants, who issued a limited review report confirming compliance with applicable accounting standards and SEBI regulations. The results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by the company's Audit Committee before Board approval.

SIP Industries Limited has announced the appointment of Mrs. Bageerathi as an Additional Director, following a board meeting held on January 31, 2026. The appointment, which requires shareholder approval at the General Meeting, represents a strategic addition to the company's leadership structure and fills the vacancy created by Ms. Lakshmiprabha's resignation in November 2025.

Board Meeting Outcomes

The Board of Directors convened on January 31, 2026, from 11:25 AM to 11:40 AM, where they approved the appointment of Mrs. Bageerathi (DIN: 11406837) as an Additional Director. The company has confirmed that Mrs. Bageerathi is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority, in accordance with regulatory requirements.

Director Profile and Experience

Mrs. Bageerathi brings significant experience in education and social work to the board. She holds a Master of Arts degree and a Bachelor of Education (B.Ed.), with a distinguished career in the education sector. Her professional background includes service in a government-aided secondary school and retirement as Headmistress of a school at Kadayanallur in 2022.

Throughout her career, she was widely appreciated for her committed efforts in reducing dropout rates in primary education and for motivating students from underprivileged backgrounds to continue their studies. Her educational leadership demonstrates a strong commitment to inclusive and accessible education.

Current Activities and Community Involvement

Following her retirement from formal education, Mrs. Bageerathi continues her commitment to community service through various initiatives. She remains actively involved in religious and cultural activities while practicing and promoting yoga, conducting classes for children. Her current engagements include participation in social and environmental initiatives, operation of a Goshala, and involvement in agricultural activities.

Relationship Disclosure and Regulatory Compliance

As per regulatory requirements, the company has disclosed that Mrs. Bageerathi is the wife of Mr. Natesan Kameswaron, who currently serves as CFO and Whole-time Director of SIP Industries Limited. This relationship has been transparently communicated in compliance with SEBI listing obligations.

The appointment has been made in accordance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and follows the guidelines specified in SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company has provided all required disclosures and confirmations as mandated by the regulatory framework, with Company Secretary Smriti Joy overseeing the compliance process.