Gorani Industries Ltd. has announced key decisions following its board meeting held on August 26, 2025. The company has set the stage for its 30th Annual General Meeting (AGM) and proposed significant changes to its leadership and audit structure.

AGM Details and Book Closure

The 30th AGM of Gorani Industries is scheduled for September 26, 2025, at 12:30 PM. In light of ongoing digital transformations, the meeting will be conducted through video conferencing, allowing shareholders to participate remotely.

The company has also declared a book closure period from September 20, 2025, to September 26, 2025 (both days inclusive). During this time, the register of members and share transfer books will remain closed for AGM purposes.

Board Approvals and Proposals

Financial Reporting

The board has approved the Board Report along with its annexures for the financial year ended March 31, 2025. This report will be presented to shareholders during the upcoming AGM.

Auditor Reappointment

Based on the Audit Committee's recommendation, the board has proposed the reappointment of M/s. Sandeep Surendra Jain and Company, Chartered Accountants (Firm Registration No. 010172C), as the company's statutory auditors. This proposal is subject to shareholder approval at the AGM.

Director Appointments

The Nomination and Remuneration Committee has put forward two significant director appointments:

1. Ms. Arpita Jain: Proposed appointment as an Independent Director for a five-year term from October 1, 2025, to September 30, 2030.

2. Mr. Ayush Shukla: Proposed reappointment as an Independent Director for a second five-year term from February 12, 2026, to February 11, 2031.

Both director appointments require shareholder approval at the upcoming AGM. The proposed directors meet the independence criteria as outlined in Section 149(6) of the Companies Act and will not be liable to retire by rotation.

These decisions reflect Gorani Industries' commitment to maintaining strong corporate governance and ensuring continuity in its leadership and financial oversight. Shareholders will have the opportunity to vote on these proposals during the 30th AGM in September.

The board meeting, which commenced at 10:30 AM, concluded at 11:00 AM on August 26, 2025. Gorani Industries has duly informed the BSE Limited of these developments in compliance with SEBI regulations.

Gorani Industries Limited , a prominent kitchenware manufacturer, has announced its financial results for the first quarter ended June 30, 2025, showcasing robust growth and improved profitability.

Financial Highlights

• Revenue from operations soared to Rs 1,165.15 lakhs, marking a significant increase from Rs 720.18 lakhs in the previous quarter and Rs 1,053.19 lakhs in the same quarter last year.
• The company posted a profit of Rs 25.44 lakhs for the quarter.
• Basic earnings per share stood at Rs 0.47.
• Total comprehensive income reached Rs 25.44 lakhs.

Quarterly Performance Analysis

Gorani Industries demonstrated strong financial performance in Q1 FY2025-26, with a notable 61.8% quarter-on-quarter growth in revenue. The year-on-year revenue growth was also impressive at 10.6%, indicating the company's ability to expand its market presence and sales despite challenging market conditions.

Operational Efficiency

The company's focus on operational efficiency is evident from its financial results:

The company managed to control its expenses effectively, with the cost of materials consumed at 65.3% of revenue, indicating efficient inventory management and procurement strategies.

Management Commentary

The Board of Directors approved these unaudited standalone results on August 14, 2025, following a review by the Audit Committee and a limited review by statutory auditors. The company's management expressed satisfaction with the quarterly performance, highlighting the growth in revenue and profitability as indicators of the company's strong market position in the kitchenware segment.

Future Outlook

While specific forward-looking statements were not provided, the significant growth in revenue and profitability suggests a positive outlook for Gorani Industries. The company's ability to increase sales and maintain profitability in a competitive market environment bodes well for its future prospects.

Investor Information

Gorani Industries Limited continues to operate in the "Kitchen Ware" segment, as stated in their regulatory filings. The company reported no investor complaints for the period, indicating strong investor relations management.

As Gorani Industries Limited continues to demonstrate growth and profitability, investors and market watchers will likely keep a close eye on the company's performance in the coming quarters to assess the sustainability of its growth trajectory and market position in the kitchenware industry.