Tusaldah Limited Reports Q3FY26 Loss of ₹18.10 Lakhs, Appoints New Company Secretary

2 min read     Updated on 13 Feb 2026, 09:02 AM
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Reviewed by
Naman SScanX News Team
Overview

Tusaldah Limited announced Q3FY26 financial results showing a net loss of ₹18.10 lakhs despite generating revenue of ₹11.86 lakhs from commodity trading operations. The company appointed Ms. Gazal Inani as Company Secretary and Compliance Officer effective February 12, 2026, while maintaining its focus on commodity trading segment.

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*this image is generated using AI for illustrative purposes only.

Tusaldah Limited , formerly known as High Street Filatex Limited, has announced its unaudited financial results for the third quarter ended December 31, 2025, reporting a net loss of ₹18.10 lakhs. The company's board of directors convened on February 12, 2026, to approve the quarterly results and make key appointments.

Financial Performance Overview

The company's financial performance for Q3FY26 showed mixed results with limited operational activity:

Financial Metric: Q3FY26 Q3FY25 Change
Net Sales/Income: ₹11.86 lakhs ₹0.00 lakhs New activity
Other Income: ₹0.86 lakhs ₹0.00 lakhs New income
Total Income: ₹12.72 lakhs ₹0.00 lakhs Significant increase
Total Expenses: ₹30.63 lakhs ₹3.22 lakhs +851.55%
Net Loss: ₹18.10 lakhs ₹3.22 lakhs +462.11%

The company generated revenue of ₹11.86 lakhs from operations during the quarter, marking a return to business activity after no sales in the corresponding quarter of the previous year. However, total expenses surged to ₹30.63 lakhs, primarily driven by purchases of stock-in-trade worth ₹21.80 lakhs.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, Tusaldah Limited's performance showed:

Period Metric: 9M FY26 9M FY25 Variance
Total Income: ₹12.72 lakhs ₹391.47 lakhs -96.75%
Total Expenses: ₹56.69 lakhs ₹401.48 lakhs -85.88%
Net Loss: ₹43.97 lakhs ₹10.01 lakhs +339.26%

The nine-month comparison reveals a significant decline in business activity, with total income dropping by 96.75% compared to the same period in the previous year.

Key Appointment and Corporate Governance

The board approved the appointment of Ms. Gazal Inani as Company Secretary and Compliance Officer effective February 12, 2026. Ms. Inani is an Associate Member of the Institute of Company Secretaries of India (Membership No. A 23246) and brings expertise in company secretarial functions, statutory compliance, and corporate governance.

Segment-wise Performance

The company's business segments showed varied performance:

Business Segment: Q3FY26 Revenue Performance
Trading of Commodity: ₹11.86 lakhs Active operations
Manufacturing/Trading of Socks: ₹0.00 lakhs No activity
Trading of Yarn: ₹0.00 lakhs No activity

The trading of commodity segment remained the sole revenue generator during the quarter, while the traditional socks manufacturing and yarn trading segments showed no activity.

Financial Position and Compliance

Tusaldah Limited maintains its listing on BSE Limited under scrip code 531301 with ISIN INE319M01011. The company's paid-up equity share capital stands at ₹234.34 lakhs with a face value of ₹10 per share. The earnings per share (EPS) for the quarter was negative ₹0.77, compared to negative ₹0.50 in the corresponding quarter of the previous year.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors, with auditors expressing an unmodified opinion in their review report. The company continues to operate from its registered office in Jaipur while maintaining corporate operations in Mumbai.

Historical Stock Returns for High Street Filatex

1 Day5 Days1 Month6 Months1 Year5 Years
-1.00%-10.88%-18.82%-44.37%-23.35%+770.33%

Tusaldah Limited Announces Resignation of Company Secretary Jay Soni Effective January 9, 2026

1 min read     Updated on 09 Jan 2026, 12:19 PM
scanx
Reviewed by
Suketu GScanX News Team
Overview

Tusaldah Limited has announced the resignation of Company Secretary and Compliance Officer Jay Soni, effective January 9, 2026. The resignation was submitted to pursue external opportunities and has been accepted by the company. All regulatory disclosure requirements under SEBI Listing Regulations have been fulfilled with proper documentation submitted to BSE Limited.

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*this image is generated using AI for illustrative purposes only.

Tusaldah Limited (formerly high street filatex Limited) has informed BSE Limited about the resignation of its Company Secretary and Compliance Officer, effective January 9, 2026. The announcement was made in compliance with regulatory disclosure requirements under SEBI Listing Regulations.

Key Personnel Change Details

Mr. Jay Soni, who served as Company Secretary and Compliance Officer of Tusaldah Limited, submitted his resignation letter on January 9, 2026. The resignation has been accepted by the company and becomes effective from the close of business hours on the same date.

Parameter: Details
Position: Company Secretary and Compliance Officer
Effective Date: January 9, 2026 (close of business hours)
Reason: To pursue opportunities outside the organisation
ICSI Membership: A77061

Regulatory Compliance and Documentation

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made to BSE Limited, where the company trades under scrip code 531301.

The disclosure includes comprehensive documentation as required under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. All mandatory annexures containing detailed information about the resignation have been submitted to the stock exchange.

Company Acknowledgment

In his resignation letter, Jay Soni expressed gratitude to the Board of Directors, Senior Leadership Team, Management, colleagues, and stakeholders for their trust, support, and cooperation during his tenure. He described his time with the company as both professionally rewarding and personally fulfilling.

The company has acknowledged Soni's valuable services and extended wishes for his continued success in future endeavours. The resignation letter was digitally signed and processed by Whole Time Director Anupriya Agrawal (DIN: 06417793) on behalf of Tusaldah Limited.

Corporate Information

Tusaldah Limited, formerly known as High Street Filatex Limited, operates with CIN L10790RJ1994PLC008386. The company maintains its registered address in Jaipur, Rajasthan, and corporate address in Mumbai, Maharashtra.

Historical Stock Returns for High Street Filatex

1 Day5 Days1 Month6 Months1 Year5 Years
-1.00%-10.88%-18.82%-44.37%-23.35%+770.33%

More News on High Street Filatex

1 Year Returns:-23.35%