Earkart Limited Announces Board Decisions and Q2 FY2026 Results Post-IPO
Earkart Limited (BSE: 544549) held a board meeting on November 14, 2025, approving several important measures. The board authorized an ESOP scheme application, appointed N Kothari & Associates as Secretarial Auditor for FY 2025-26, and approved unaudited financial results for Q2 and H1 ending September 30, 2025. The company completed its IPO, issuing 3,315,000 equity shares at Rs 135 per share, increasing its paid-up capital to Rs 1,375.39 lakhs and generating a share premium of Rs 4,097.65 lakhs. Earkart has committed to transparency by ensuring timely disclosure of these developments to BSE Limited and making detailed financial results available on its website.
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Earkart Limited (BSE: 544549), a recently listed company, has made several key announcements following its board meeting held on November 14, 2025. The company, which completed its Initial Public Offering (IPO) earlier this year, has taken significant steps in corporate governance and financial reporting.
Board Approvals and Appointments
The board of directors has approved the following measures:
ESOP Scheme Authorization: The board has authorized an in-principle application for the issuance of Employee Stock Ownership Plan (ESOP) under the "Earkart ESOP Scheme 2025". This move is likely aimed at aligning employee interests with the company's long-term growth.
Secretarial Auditor Appointment: N Kothari & Associates has been appointed as the Secretarial Auditor for the fiscal year 2025-26. The firm, registered with the Institute of Company Secretaries of India (ICSI), brings expertise in compliance audit, assurance services, and legal advisory.
Financial Results
The board has approved the unaudited standalone financial results for the quarter and half-year ended September 30, 2025. These results have been reviewed by the company's Peer Reviewed Auditor, M/s Gianender & Associates, Chartered Accountants.
Post-IPO Capital Structure
Earkart Limited successfully completed its IPO during the reported period, with the following details:
| Particulars | Details |
|---|---|
| Number of Equity Shares Issued | 3,315,000 |
| Issue Price per Share | Rs 135.00 |
| Increase in Paid-up Capital | From Rs 1,043.89 lakhs to Rs 1,375.39 lakhs |
| Share Premium Generated | Rs 4,097.65 lakhs |
This capital raise has significantly bolstered the company's financial position, providing resources for potential growth initiatives.
Compliance and Transparency
In line with regulatory requirements, Earkart Limited has ensured timely disclosure of these developments to the BSE Limited. The company has also stated that the detailed financial results and related documents will be made available on its official website ( https://earkart.com ), demonstrating a commitment to transparency for its shareholders and the investing public.
The board meeting, which commenced at 3:00 P.M. and concluded at 6:00 P.M. on November 14, 2025, marks a significant milestone for Earkart Limited as it navigates its post-IPO phase. Investors and market watchers will likely keep a close eye on how the company utilizes its newly raised capital and implements its ESOP scheme in the coming months.
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