Artificial Electronics Intelligent Material Limited (AEIM) has issued a corrigendum to rectify a typographical error in its previous announcement regarding the appointment of a new Chairperson. The company has clarified that Mr. Eswara Rao Nandam (DIN: 02220039) has been appointed as the Chairperson, effective October 9, 2025, not Mr. Karuppannan Tamilselvan as incorrectly stated in the original filing.

Correction Details

The company submitted a revised Annexure A under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The correction pertains to both the heading and particulars of Agenda No. 2 in the earlier filed Annexure A.

About the New Chairperson

Mr. Eswara Rao Nandam brings a wealth of experience to his new role:

Additional Information

The corrigendum was filed by Uma Nandam, Whole-time Director of AEIM, with DIN: 02220048. The company's registered office is located at Building No. GB-200B, Green Base Industrial & Logistics Park, Thriveni Nagar, Vadakapattu Village, Chengalpattu District, Tamil Nadu, India – 603204.

This correction underscores the importance of accurate corporate communications and the company's commitment to transparency in its dealings with regulatory bodies and shareholders.

Artificial Electronics Intelligent Material Limited (AEIM), a software products company, has announced its unaudited financial results for the first quarter ended June 30, 2025, showcasing significant growth alongside major management changes.

Financial Highlights

AEIM reported a substantial increase in its financial performance for Q1 FY2026:

The company's revenue from operations surged by 525% year-over-year to Rs. 675.00 lakh in Q1 FY2026, compared to Rs. 108.00 lakh in the same quarter last year. Total revenue, including other income, reached Rs. 718.01 lakh, marking a 564.82% increase from the previous year.

Net profit for the quarter stood at Rs. 60.51 lakh, a significant 242.83% jump from Rs. 17.65 lakh in Q1 FY2025. However, the basic earnings per share (EPS) decreased to Rs. 0.36 from Rs. 1.56 in the corresponding quarter last year, primarily due to an increase in the number of outstanding shares.

Operational Performance

AEIM's operational efficiency improved during the quarter, with the operating profit margin (OPM) rising to 6.81% from 2.68% in the previous quarter. This improvement indicates better cost management and operational streamlining.

Management Changes

Alongside its financial results, AEIM announced several key management changes:

1. New Company Secretary: Mrs. Chayonika Paloi has been appointed as the new Company Secretary and Compliance Officer, effective August 8, 2025. Mrs. Paloi brings seven years of experience in corporate secretarial affairs, legal matters, and statutory compliances.

2. Director Resignations: Two Non-Executive Independent Directors, Mr. Achal Kapoor and Ms. Preeti Garg, have resigned from their positions due to personal reasons. Their resignations are effective immediately.

3. Company Secretary Resignation: Ms. Pratibha Dhanuka has stepped down from her role as Company Secretary and Compliance Officer.

4. Internal Auditor Change: The company has appointed M/s. DAT and Associates as the new Internal Auditor for the Financial Year 2025-26, replacing M/s. J D S Associates.

Future Outlook

While AEIM has not provided specific guidance for the future, the substantial revenue growth and improved profitability in Q1 FY2026 suggest a positive trajectory for the company. The management changes, particularly the appointment of a new Company Secretary and Internal Auditor, indicate AEIM's focus on strengthening its corporate governance and compliance framework.

Note: All financial figures are in Indian Rupees (INR) and are based on unaudited results for the quarter ended June 30, 2025.