Sir Shadi Lal Enterprises Limited has announced a board meeting scheduled for January 29, 2025, to consider and approve the company's unaudited financial results for the third quarter of FY26. The announcement was made through a formal communication to the BSE Limited and the Department of Corporate Affairs on January 22, 2026.

Board Meeting Details

The meeting agenda includes consideration and approval of key financial documents for the reporting period:

Regulatory Compliance

The company has fulfilled its obligation under Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015. This regulation mandates prior intimation to stock exchanges regarding board meetings that will consider financial results.

Trading Window Restrictions

In compliance with insider trading regulations, Sir Shadi Lal Enterprises Limited has implemented trading restrictions for designated persons:

The trading window closure was previously communicated to stakeholders on December 24, 2025, as part of the company's Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons.

Corporate Communication

The formal notification was signed by Rakesh Kumar Yadav, Company Secretary (Membership No. A62974), and digitally authenticated on January 22, 2026. The communication ensures transparency and compliance with SEBI's disclosure requirements for listed companies.

The board meeting outcome and financial results will be submitted to the stock exchange following the meeting conclusion, after which normal trading activities for designated persons will resume.

Sir Shadi Lal Enterprises Limited , a prominent player in the sugar and distillery sectors, has reported a net loss of ₹1,870.58 crore for the half-year ended September 30, 2025. This marks a significant improvement from the ₹4,203.76 crore loss reported in the corresponding period of the previous year.

Financial Performance

The company's financial results for H1 FY26 reveal a mixed picture:

The company's revenue from operations saw a substantial increase of 58.28% year-on-year, rising to ₹1,883.08 crore from ₹1,189.70 crore in the previous year. This growth was primarily driven by the sugar segment, which contributed the entirety of the revenue for the period.

Segment Performance

Sir Shadi Lal Enterprises operates in two segments: Sugar and Distillery. However, it's noteworthy that the distillery segment did not operate in the Ethanol Supply Year 2024-25 due to extensive repair requirements.

• The sugar segment reported a loss of ₹30.77 crore for H1 FY26, an improvement from the ₹56.16 crore loss in the same period last year.
• The distillery segment, despite non-operation, incurred a loss of ₹41.28 crore, lower than the ₹75.62 crore loss in H1 FY25.

Balance Sheet Highlights

As of September 30, 2025:

• Total Assets stood at ₹2,154.67 crore
• Total Liabilities were ₹4,431.92 crore
• The company reported negative equity of ₹2,277.25 crore

Future Outlook and Corporate Actions

The Board of Directors, in their meeting on December 10, 2024, approved a Composite Scheme of Arrangement for the amalgamation of Sir Shadi Lal Enterprises Limited into Triveni Engineering & Industries Limited (TEIL). This strategic move aims to leverage business synergies between the two companies.

The scheme is subject to various regulatory approvals, including those from the National Company Law Tribunal, Allahabad Bench, and shareholders. A meeting for shareholder and creditor approval is scheduled for November 30, 2025.

Going Concern and Financial Support

The company's financials have been prepared on a going concern basis, supported by its holding company, Triveni Engineering & Industries Limited. TEIL has been providing technical and financial support to enhance Sir Shadi Lal Enterprises' operational efficiency and viability.

Legal Developments

The company faces a contingent liability of ₹7.09 crore related to excise authority demands for the transportation of denatured alcohol. This matter is currently being challenged in court by the U.P. Sugar Mills Association on behalf of its members.

In conclusion, while Sir Shadi Lal Enterprises continues to face challenges, the significant reduction in net loss and substantial increase in revenue indicate potential signs of recovery. The proposed amalgamation with Triveni Engineering & Industries Limited may provide further opportunities for growth and stability in the future.