Kajal Synthetics & Silk Mills Limited has filed a regulatory disclosure with BSE Limited confirming that it made no interest, dividend, or principal payments during the third quarter of FY26. The textile manufacturer submitted this intimation on January 6, 2025, in compliance with SEBI listing regulations.

Regulatory Compliance Filing

The company filed its disclosure under Regulation 57(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about any payments related to debt instruments, interest obligations, or dividend distributions during each quarter.

Company's Financial Position

Kajal Synthetics & Silk Mills Limited clarified that it has not issued any debt, interest, or dividend-carrying instruments. This explains the absence of any payment obligations during the reporting quarter. The company's disclosure ensures transparency regarding its financial commitments and obligations to stakeholders.

Corporate Information

The filing was signed by G. M. Loyalka, Director of the company (DIN: 00299416). Kajal Synthetics & Silk Mills Limited operates from its registered office at 29, Bank Street, 1st Floor, Fort, Mumbai - 400 001, and maintains its corporate identity under CIN L17110MH1985PLC035204.

Market Disclosure Requirements

This quarterly intimation represents standard regulatory compliance for listed companies. The SEBI regulations require companies to maintain transparency about their financial obligations, ensuring investors and market participants have access to relevant information about debt servicing and dividend payments.

Kajal Synthetics & Silk Mills Limited , a company primarily engaged in finance and investment activities, has reported a significant increase in net loss for the half-year ended September 30, 2025. The company's financial performance continues to face challenges, as revealed in its latest unaudited financial results.

Key Financial Highlights

The company's net loss for the half-year period widened to Rs 123.62 lakh, compared to Rs 110.99 lakh in the same period last year, marking an increase of 11.4%. This deterioration in financial performance is attributed to rising expenses across various categories.

Expense Analysis

Total expenses for the half-year rose to Rs 123.70 lakh from Rs 111.74 lakh year-over-year, an increase of 10.7%. The major contributors to this increase were:

1. Finance Costs: Jumped to Rs 98.99 lakh from Rs 90.32 lakh, a 9.6% increase.
2. Employee Benefit Expenses: Grew to Rs 20.22 lakh from Rs 17.61 lakh, showing a 14.8% rise.

Quarterly Performance

For the quarter ended September 30, 2025, Kajal Synthetics reported a loss of Rs 66.94 lakh, compared to Rs 60.22 lakh in the corresponding quarter of the previous year. This represents an 11.2% increase in quarterly losses.

Impact on Shareholders

The company's financial struggles have directly impacted its shareholders, with the basic earnings per share (EPS) for the half-year period standing at a negative Rs 6.21.

Management's Actions

The Board of Directors of Kajal Synthetics & Silk Mills Limited approved these unaudited financial results at their meeting held on November 12, 2025. The company's management has not provided any specific commentary on the reasons for the increased losses or any strategic initiatives to improve financial performance.

Auditor's Review

SSRCA & Co, the company's statutory auditors, have conducted a limited review of the financial results. They have not expressed any qualifications or concerns in their review report, stating that nothing has come to their attention that causes them to believe that the financial results have not been prepared in accordance with applicable accounting standards and generally accepted accounting principles.

Kajal Synthetics & Silk Mills Limited continues to face financial challenges, and investors and stakeholders will be closely watching for any strategic moves or operational changes the company might implement to address these widening losses.