Jai Mata Glass Limited has formally approached BSE Limited requesting a three-month extension for appointing a new Chief Financial Officer (CFO), following the resignation of its former CFO in December 2025.

CFO Position Vacancy Details

The company's CFO position became vacant with effect from 8th December, 2025, following the resignation of the former Chief Financial Officer. In a formal communication dated 7th March, 2026, addressed to BSE Limited's Corporate Relationship Department, the company outlined the circumstances leading to this request.

Regulatory Compliance Requirements

The company referenced specific regulatory provisions governing the appointment of Key Managerial Personnel. Under Section 203 of the Companies Act, 2013, read with applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, companies are required to fill vacancies in Key Managerial Personnel positions within prescribed timeframes.

Recruitment Challenges

Jai Mata Glass Limited stated that despite ongoing search efforts, the company has been unable to identify a suitable candidate for the CFO position. The company expressed that it "is in search and could not find any candidate for the said position," necessitating the extension request to complete the appointment process.

Company Background

The company operates with its head office located at Flat No. A-1, Upper Ground Floor, Property No 23, Block-A, Rajpur Road, Chattarpur Extension, New Delhi. Its registered office and manufacturing works are situated at Village Tipra, Barotiwala, District Solan in Himachal Pradesh. The communication was digitally signed by Amrita Mittal, serving as Company Secretary & Compliance Officer.

The company has requested BSE Limited to take the matter on record and grant the sought extension to enable completion of the CFO appointment process.

Jai Mata Glass Limited has released its unaudited financial results for the quarter and nine months ended December 31, 2025, showing a challenging operational performance with significant losses during the reporting period. The company's financial results were approved by the Board of Directors on January 29, 2026, following review by the Audit Committee.

Financial Performance Overview

The company's financial performance for Q3 FY26 reflects operational difficulties, with minimal revenue generation and sustained losses across key metrics.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company's performance showed a marked deterioration compared to the corresponding period in the previous year.

Revenue and Operational Details

The company recorded no revenue from operations during Q3 FY26, relying solely on other income of ₹1.84 lakhs. This represents a substantial decline from the previous year's Q3 performance, where the company had generated ₹10.86 lakhs from other operating income and ₹2.19 lakhs from other income sources.

Expense Breakdown for Q3 FY26:

• Employee benefits expense: ₹3.88 lakhs
• Other expenditure: ₹5.73 lakhs
• Finance cost: ₹0.10 lakhs
• Depreciation: ₹0.03 lakhs

Corporate Developments

During the reporting period, the company experienced a key management change with Mr. Rajesh Arya resigning from his position as Chief Financial Officer effective December 08, 2025, due to personal reasons. In the absence of a CFO, the financial results have been certified by the director.

Financial Position and Outlook

The company maintains a paid-up equity share capital of ₹1,000.00 lakhs with a face value of Re. 1 each. The Board of Directors continues to explore and evaluate various business opportunities, and the accounts have been prepared on a going concern basis despite the current operational challenges.

Key Financial Highlights:

• Total comprehensive loss for Q3 FY26: ₹7.78 lakhs
• Nine-month comprehensive loss: ₹15.23 lakhs
• No tax expenses recorded for the current periods
• Limited review conducted by statutory auditors Khiwani Sood & Associates

The financial results indicate that Jai Mata Glass Limited is navigating through a challenging operational phase, with the management actively working on identifying new business opportunities to improve the company's financial performance in future periods.