The Yamuna Syndicate Limited, a diversified company operating in multiple segments, has announced the approval of its financial results for the second quarter and first half of the fiscal year 2026. The company's Board of Directors has given the green light to both standalone and consolidated unaudited financial statements for the period ending September 30, 2025.

Key Highlights

• The Board of Directors has approved the unaudited financial results for Q2 and H1 FY2026.
• Both standalone and consolidated financial statements have been reviewed.
• Statutory auditors have issued unmodified opinion reports on the financial results.
• Director Kishore Chatnani has been authorized to sign the financial reports.
• The company has disclosed segment-wise performance across various business areas.

Segment-wise Performance

The Yamuna Syndicate Limited has provided insights into its performance across different business segments, which include:

1. Batteries
2. Oil & Lubricants
3. Agriculture Products
4. Electrical Segment

While specific financial figures for each segment were not disclosed in the available information, the company's decision to report segment-wise performance demonstrates its commitment to transparency and provides stakeholders with a clearer picture of its diverse operations.

Auditor's Opinion

It's noteworthy that the statutory auditors have issued unmodified opinion reports on the financial results. An unmodified opinion, also known as a clean opinion, indicates that the financial statements are presented fairly and in accordance with the applicable financial reporting framework. This adds credibility to the company's financial reporting and may instill confidence among investors and stakeholders.

Corporate Governance

The Board's decision to authorize Director Kishore Chatnani to sign the financial reports underscores the company's adherence to corporate governance practices. This delegation of authority ensures that a designated official takes responsibility for the accuracy and completeness of the financial statements.

Conclusion

The approval of these financial results marks an important milestone in The Yamuna Syndicate's fiscal year 2026. Stakeholders are advised to review the full financial statements and accompanying notes once they are made publicly available for a comprehensive understanding of the company's financial position and performance.

The Yamuna Syndicate Ltd (YSL) held its 71st Annual General Meeting (AGM) on August 4, 2025, where shareholders approved several key appointments and reappointments. The meeting, conducted through video conferencing, saw important decisions that will shape the company's leadership and compliance structure for the coming years.

Board Appointments and Reappointments

The shareholders approved the following appointments:

Non-Independent Non-Executive Director

• Mr. Kishore Chatnani (DIN: 07805465) was reappointed as a Non-Independent Non-Executive Director.
  • Age: 59
  • Experience: Over 30 years in finance, operations, treasury, and investment management
  • Education:
    • Bachelor of Engineering in Industrial Production from MPIET, University of Nagpur
    • MBA in Finance from the Institute of Management Studies, Indore University

Non-Executive Independent Director

• Mr. Praveen Soneja (DIN: 02827704) was appointed for a five-year term (May 6, 2025 to May 5, 2030).
  • Age: 66
  • Experience: Over 40 years of diverse industry experience, including 20 years in leadership roles
  • Education:
    • Bachelor of Engineering in Mechanical Engineering from MNNIT, Allahabad
    • MBA in Finance from Manchester Business School, U.K.

Secretarial Auditor Appointment

M/s. Pramod Kothari & Co. was appointed as the company's Secretarial Auditors for a five-year term (FY 2025-26 to 2029-30).

• Expertise: Over 13 years in secretarial audit, regulatory compliance, and corporate law advisory

Other AGM Proceedings

The meeting, chaired by Mr. Ranjit Puri, also addressed:

1. Adoption of audited standalone and consolidated financial statements for the year ended March 31, 2025
2. Declaration of a final dividend of Rs. 500.00 per equity share of Rs. 100.00 each for FY 2024-25

The AGM was conducted in compliance with the latest MCA and SEBI circulars, ensuring seamless participation through video conferencing. E-voting facilities were provided to shareholders, with the voting window remaining open for 15 minutes after the conclusion of the meeting.

These appointments and decisions reflect The Yamuna Syndicate Ltd's focus on strengthening its governance structure and ensuring experienced leadership at the helm.