Lesha Industries Completes Independent Director Regularization with Strong Support

Lesha Industries Limited has successfully completed the regularization process for its independent directors through a postal ballot, with shareholders providing overwhelming approval for both appointments. The remote e-voting process concluded on January 07, 2026, with exceptional approval rates exceeding 99.88% for both resolutions.

Postal Ballot Results

The company announced the voting results through its communication to BSE Limited, demonstrating strong shareholder support for the board appointments. The voting outcomes showed remarkable consensus:

Resolution:	Votes in Favor	Votes Against	Approval Rate
Mr. Yash Arun Chaudhary Regularization	119,281,090	148,809	99.88%
Mr. Kunjan Nathabhai Rathod Regularization	119,282,492	147,179	99.88%

Director Profile and Appointment Details

Mr. Yash Arun Chaudhary has been appointed as Non-Executive Independent Director for a five-year term effective November 05, 2025 to November 04, 2030. The detailed appointment information includes:

Parameter:	Details
Director Name	Mr. Yash Arun Chaudhary
DIN	10530036
Age	30 years
Position	Non-Executive Independent Director
Term Duration	5 years (November 05, 2025 to November 04, 2030)
Experience	Extensive experience in transport and logistics

Mr. Chaudhary brings valuable expertise in managing transport and logistics businesses, demonstrating strong leadership and management capabilities. His proven track record in driving business growth, enhancing operational efficiency, and implementing effective strategies will significantly contribute to guiding the company's business decisions.

Voting Process Framework

The postal ballot was conducted through remote e-voting facilitated by Central Depository Services Limited (CDSL) in accordance with regulatory requirements:

Parameter:	Details
Record Date	December 05, 2025
Total Shareholders	79,234
Voting Period	December 09, 2025 to January 07, 2026
Scrutinizer	Mr. Chintan K. Patel (Membership No.: 31987)
Security Code	533602

Regulatory Compliance

The postal ballot process adhered to Sections 108 and 110 of the Companies Act, 2013, and SEBI Listing Regulations. The company has confirmed that Mr. Chaudhary has not been debarred from holding the office of Director by virtue of any order of Securities and Exchange Board of India or other authorities, as required under Circular No. LIST/COMP/14/2018-19.

Committee Restructuring Impact

Following the successful regularization, Lesha Industries has reconstituted its key committees with the new independent directors:

Committee:	Chairperson	Members
Audit Committee	Swapnil Sharad Shimpi	Shalin Ashok Shah, Kunjan Nathabhai Rathod
Nomination & Remuneration Committee	Kunjan Nathabhai Rathod	Shalin Ashok Shah, Swapnil Sharad Shimpi
Stakeholders Relationship Committee	Shalin Ashok Shah	Swapnil Sharad Shimpi, Kunjan Nathabhai Rathod

The successful approval strengthens the company's corporate governance framework and brings enhanced expertise to its board composition for strategic decision-making and operational oversight.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.05%	0.0%	-5.05%	-28.24%	-39.35%	+54.10%

Lesha Industries Limited , a diversified company operating in steel trading, shares and securities, chemicals, and information technology, has reported its financial results for the first quarter ended June 30, 2025. The company experienced a significant decline in both revenue and profit compared to the same period last year.

Financial Performance

The company's unaudited financial results reveal a sharp drop in profitability:

Particulars (in Rs. Lakh)	Q1 FY2026	Q1 FY2025	YoY Change
Revenue from Operations	0.00	674.04	-100%
Total Income	9.42	691.49	-98.64%
Profit After Tax	1.52	16.89	-91.00%
EPS (Basic & Diluted)	0.001	0.015	-93.33%

Lesha Industries reported a profit of Rs 1.52 lakh for the quarter, down from Rs 16.89 lakh in the corresponding quarter of the previous year, marking a 91% decrease. The company's revenue from operations was nil for the quarter, compared to Rs 674.04 lakh in the same period last year.

Segment-wise Performance

The company's segment-wise revenue breakdown shows:

Steel Trading: No revenue, compared to Rs 576.84 lakh in Q1 FY2025
Shares/Commodity Trading: No revenue in both periods
Trading of Goods: No revenue, compared to Rs 97.20 lakh in Q1 FY2025
Others: No revenue, compared to Rs 135.00 lakh in Q1 FY2025

Other Financial Highlights

Total income stood at Rs 9.42 lakh, primarily from other income, compared to Rs 691.49 lakh in the corresponding quarter.
The paid-up equity share capital remained unchanged at Rs 2,845.17 lakh.
Basic and diluted earnings per share were Rs 0.001 each, down from Rs 0.015 in Q1 FY2025.

Management Commentary

Leena A. Shah, Managing Director of Lesha Industries Limited, signed off on the financial results. The company's board of directors approved these unaudited financial results in their meeting held on August 07, 2025.

Auditor's Review

The limited review report by Keyur Bavishi & Co., Chartered Accountants, states that nothing has come to their attention that causes them to believe that the financial results do not present a true and fair view in accordance with applicable accounting standards and other recognized accounting practices and policies.

The dramatic decline in revenue and profit may raise concerns among investors about the company's operational performance and future prospects. Shareholders and market analysts will likely be keen to understand the reasons behind the revenue slump across all business segments and the company's strategies to revive growth in the coming quarters.