Southern infoconsultants Limited has scheduled a board meeting for February 13, 2026, to consider and approve its unaudited financial results for the third quarter of fiscal year 2026. The announcement was made in compliance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Board Meeting Details

The meeting is scheduled to take place on Friday, February 13, 2026, at 4:00 PM at the company's registered office located at 402-A, Arunachal Building, 19, Barakhamba Road, New Delhi-110001.

Meeting Agenda

The board will deliberate on several key items during the meeting:

• The unaudited standalone and consolidated financial results for the quarter ended December 31, 2025
• The limited review report on unaudited financial results for the quarter ended December 31, 2025
• Any other matters with the permission of the chair

Trading Window Closure

In accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons, the trading window will remain closed for designated persons. The closure will continue until 48 hours after the unaudited financial results are made public on February 13, 2026.

Company Information

Southern Infoconsultants Limited operates under CIN L67120DL1994PLC059994 and is listed on the Bombay Stock Exchange with BSE Code 540174. The company secretary and compliance officer Kriti Bareja (M.No.: A51320) signed the regulatory filing submitted to the exchange.

Southern Infoconsultants Limited has released its unaudited financial results for the quarter ended September 30, 2025, revealing a mixed financial picture and raising concerns from auditors. The company's board approved these results during a meeting held on November 14, 2025.

Financial Performance

The company reported the following key financial metrics for Q2 2025:

The financial results indicate a challenging quarter for Southern Infoconsultants, with a significant decline in both revenue and profitability compared to the same period last year.

Auditor Qualifications

The statutory auditors, Mukesh Aggarwal & Co., have raised two significant concerns in their limited review report:

1. Gratuity Provisions: The company has not made the required gratuity provisions for its employees as mandated by the Indian Accounting Standard-19 (Ind AS 19) on Employee Benefits. This non-compliance may result in an overstatement of net profits and an understatement of provisions.

2. Work-in-Progress Inventory: The auditors highlighted concerns regarding the recognition of work-in-progress inventory worth ₹964.08 lakhs. They were unable to verify the basis for this recognition due to the absence of supporting contracts.

Balance Sheet Highlights

As of September 30, 2025, Southern Infoconsultants reported:

• Total Assets: ₹2,643.92 lakhs (down from ₹3,319.70 lakhs on March 31, 2025)
• Total Equity: ₹574.19 lakhs (down from ₹583.31 lakhs on March 31, 2025)
• Cash and Cash Equivalents: ₹62.87 lakhs (up from ₹4.11 lakhs on March 31, 2025)

Implications

The financial statements reflect a challenging operating environment for Southern Infoconsultants. The significant decrease in revenue and the swing to a net loss suggest potential headwinds in the IT hardware and software trading sector, which is the company's primary business.

The company faces the task of addressing the auditors' concerns, particularly regarding employee benefits and inventory recognition practices. These issues, if left unresolved, could impact investor confidence and the company's financial reporting quality.

Investors and stakeholders may look for clarification from the management on these audit qualifications and the company's strategies to improve its financial performance in the coming quarters.