Sharat Industries Limited, a company listed on the Bombay Stock Exchange (BSE) under the scrip code 519397, has announced the approval of its financial results for the first quarter of the fiscal year 2025-26. The company's Board of Directors convened on August 13, 2025, to review and approve the unaudited standalone and consolidated financial statements for the quarter ending June 30, 2025.

Board Meeting Details

The board meeting, which commenced at 12:00 noon and concluded at 2:30 PM, focused on the financial performance of the company for the recent quarter. The financial results were prepared in accordance with Indian Accounting Standards (Ind AS), ensuring compliance with regulatory requirements.

Financial Results and Auditor's Review

During the meeting, the board considered and approved the unaudited financial results of the company, both on a standalone and consolidated basis. These results were accompanied by a Limited Review Report from the company's auditors, providing an additional layer of scrutiny to the financial statements.

Regulatory Compliance

The approval and announcement of the financial results are in line with Regulations 30 and 33 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. This adherence to regulatory standards demonstrates the company's commitment to transparency and timely disclosure of financial information to its stakeholders.

Trading Window Update

In an important note for investors and market participants, Sharat Industries announced that the trading window for its equity shares, which was previously closed, will reopen 48 hours after the declaration of the financial results. This temporary restriction on trading is a standard practice to prevent insider trading and ensure fair market practices.

Investor Relations

The company has submitted the approved financial results along with the Limited Review Report to the BSE Limited, making this information available to the public and regulatory authorities. This prompt disclosure allows investors and analysts to assess the company's performance for the quarter ended June 30, 2025.

Shareholders and potential investors are advised to review the detailed financial results, which should be available on the company's website and the BSE portal, for a comprehensive understanding of Sharat Industries' financial position and performance for the quarter.

Sharat Industries , a leading integrated aquaculture company, has announced a strategic expansion into Gujarat, marking a significant step in its pan-India growth strategy. The company has signed an agreement with West Coast Frozen Foods Private Limited to commence Merchant Export operations in the western state.

Key Highlights of the Expansion

• New Facility: Sharat Industries will leverage an existing shrimp processing facility in Olpad, Gujarat.
• Timeline: Operations are expected to begin upon receiving regulatory approvals during the current quarter.
• Revenue Projection: The company estimates an incremental revenue of over ₹100.00 crores from this expansion.
• Market Reach: The move aims to strengthen export capabilities to key global markets including the USA, Europe, China, and broader Asia.
• Operational Efficiency: The Gujarat facility's proximity to major western ports is expected to reduce logistics turnaround time and improve supply chain efficiency.
• Product Diversification: Plans include expanding product diversity through exports of processed Black Tiger shrimp.

Strategic Implications

Sharat Reddy, Executive Director of Sharat Industries Limited, commented on the development: "This partnership is a significant step in our journey to build a geographically diversified and operationally agile presence across India. It enhances our capacity to serve international clients with greater efficiency and strengthens our commitment to delivering diverse, world-class aquaculture products."

The expansion aligns with Sharat Industries' focus on sustainable practices, value-added products, and robust export capabilities. It represents a strategic move to scale operations and create long-term value for stakeholders.

Company Background

Established in 1990 and headquartered in Nellore, Andhra Pradesh, Sharat Industries Limited is a pioneer in India's aquaculture industry. The company specializes in the cultivation, processing, and export of premium Vannamei shrimp, with an emphasis on quality and sustainability. Its vertically integrated operations include:

• Hatcheries
• Shrimp farming
• Feed production
• Modern processing plant with an annual capacity exceeding 6500.00 MT

Sharat Industries exports to leading retailers and distributors across Russia, USA, Europe, and Asia. The company has been listed on the Bombay Stock Exchange (BSE) since 1994 and employs over 200 professionals, underpinning its reputation in the global seafood industry.

This expansion into Gujarat represents a significant milestone for Sharat Industries, potentially boosting its production capacity, market reach, and financial performance in the coming years.