Kusam Electrical Industries has announced the sad demise of its Director, Shri Jhanwarlal Bhanwarlal Sipani, who passed away on November 15, 2025. The company informed the Bombay Stock Exchange about this development on December 13, 2025, in compliance with regulatory requirements.

Regulatory Disclosure Details

The company filed the intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was communicated to the company by the family members of the deceased director on December 13, 2025.

Company's Response

Kusam Electrical Industries expressed that Shri Jhanwarlal Bhanwarlal Sipani's unexpected demise will be an irreparable loss to the company. All directors and employees have conveyed their deep sympathy, sorrow, and condolences to his family during this difficult time.

Compliance Framework

The disclosure was made in accordance with the mandatory requirements under SEBI regulations for listed companies. The company has submitted all necessary documentation to the stock exchange, including the detailed annexure with specific disclosure requirements as mandated by the regulatory framework.

The communication was signed by Naval Sushil Jha, Chief Financial Officer of Kusam Electrical Industries, ensuring proper corporate governance protocols were followed in making this announcement to stakeholders and the investing public.

Kusam Electrical Industries Limited has released its unaudited financial results for the quarter and half-year ended September 30, 2025, revealing a mixed performance. The company also announced the resignation of its Company Secretary and Compliance Officer.

Financial Performance

For the quarter ended September 30, 2025, Kusam Electrical Industries reported:

The company's revenue from operations saw a modest increase of 2.17% year-over-year. However, net profit for the quarter declined significantly by 86.66% compared to the same period last year.

For the half-year ended September 30, 2025:

• Revenue stood at Rs. 541.45 lakhs
• Net profit was Rs. 28.06 lakhs

Operational Highlights

The company's performance reflects challenges in maintaining profitability despite a slight increase in revenue. The substantial decrease in net profit may be attributed to various factors, including:

1. Increased expenses: Total expenses for Q2 2025 were Rs. 267.47 lakhs, compared to Rs. 250.91 lakhs in Q2 2024.
2. Changes in inventory: The company reported a significant change in inventories of stock-in-trade, which may have impacted profitability.

Management Changes

In a significant development, Ms. Amruta Kiran Lokhande (ACS-38254) has resigned from her position as Company Secretary and Compliance Officer, effective October 30, 2025. The resignation was attributed to unavoidable personal obligations.

Board Meeting and Auditor's Review

The company's Board of Directors met on November 12, 2025, to approve the unaudited financial results. The statutory auditors, Chhajed & Doshi, Chartered Accountants, have conducted a limited review of the financial results and expressed an unmodified opinion.

Looking Ahead

While Kusam Electrical Industries faces challenges in maintaining profitability, the company's ability to grow revenue, albeit modestly, in a competitive market may be seen as a positive sign. Investors and stakeholders will likely be watching closely to see how the company addresses its profitability concerns and manages the transition following the resignation of its Company Secretary.

The company's focus on trading Electrical & Electronic Measuring Instruments remains unchanged, as noted in its segment information disclosure.

Investors are advised to consider both the revenue growth and profitability challenges when evaluating the company's performance and future prospects.