Saffron Industries Limited Re-appoints Manoj Rameshwar Sinha as Whole-time Director for Three Years

Saffron Industries Limited announced a key board decision regarding executive leadership, with the re-appointment of Mr. Manoj Rameshwar Sinha as Whole-time Director for an extended term. The decision was made during a board meeting held on January 06, 2026, following recommendations from the company's Nomination and Remuneration Committee.

Re-appointment Details

The board approved Mr. Sinha's re-appointment for a three-year period, with his new term running from January 06, 2026, to January 05, 2029. However, this re-appointment remains subject to approval from shareholders at the company's upcoming General Meeting.

Parameter:	Details
Director Name:	Mr. Manoj Rameshwar Sinha
DIN:	07564967
Position:	Whole-time Director
Term Duration:	Three years
Effective Date:	January 06, 2026
Term End Date:	January 05, 2029
Approval Status:	Subject to shareholder approval

Director Profile and Experience

Mr. Manoj Rameshwar Sinha brings substantial experience to his continued role with Saffron Industries Limited. As a Commerce graduate, he has accumulated more than 20 years of professional experience across multiple domains, particularly in property acquisition, development, and management.

His expertise encompasses several key areas:

Strategic leadership and market analysis
Financial acumen with focus on return on investment (ROI)
Stakeholder relations management
Innovation in sustainability initiatives
Technical real estate knowledge combined with business management skills
Negotiation expertise for profitable growth delivery

Professional Background

Mr. Sinha's professional experience includes significant roles in production management, particularly in the newspaper industry. His production management experience covers comprehensive newspaper creation processes, from print floor operations to distribution networks. This role required focus on efficiency optimization, quality control, and cost management while blending leadership capabilities with technical expertise in pre-press, printing, and digital operations.

Key responsibilities in his previous roles included:

Production scheduling and budgeting
Quality assurance implementation
Team development and staff management
Coordination with editorial, sales, and marketing departments
Strategic adaptation to industry changes

Regulatory Compliance

The company confirmed that Mr. Sinha meets all regulatory requirements for his re-appointment. He is not related to any other directors of the company and has not been debarred from holding directorial positions by SEBI or any other regulatory authority. This compliance ensures adherence to corporate governance standards and regulatory frameworks.

Board Meeting Details

The board meeting that approved this re-appointment was conducted on January 06, 2026, commencing at 2:00 PM and concluding at 2:30 PM. The decision was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring proper regulatory disclosure and transparency in corporate governance practices.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.80%	-14.26%	-35.66%	+66.44%	+306.42%	+741.14%

Saffron Industries Limited , a company engaged in paper manufacturing and real estate development, has reported a turnaround in its financial performance for the second quarter of fiscal year 2026. The company's unaudited financial results for the quarter ended September 30, 2025, show a significant improvement in profitability, primarily driven by its real estate segment.

Financial Highlights

Particulars (in ₹ lakhs)	Q2 FY26	Q1 FY26	Q2 FY25	H1 FY26
Revenue from Operations	81.03	309.56	45.54	390.59
Total Income	81.03	310.35	46.35	391.38
Total Expenses	57.29	319.55	63.92	376.84
Profit/(Loss) Before Tax	23.75	(9.20)	(17.57)	14.54
Profit/(Loss) After Tax	23.75	(9.20)	(17.57)	14.54

Saffron Industries reported a consolidated profit after tax of ₹23.75 lakhs for Q2 FY26, compared to a loss of ₹9.20 lakhs in the preceding quarter. This marks a significant turnaround in the company's performance. The revenue from operations for the quarter stood at ₹81.03 lakhs.

Segment-wise Performance

The company operates in two business segments: Paper Manufacturing and Real Estate Development. The Real Estate Development segment emerged as the primary driver of growth and profitability:

Real Estate Development:
- Revenue: ₹81.03 lakhs
- Profit: ₹54.21 lakhs
Paper Manufacturing:
- Revenue: Nil
- Loss: ₹30.46 lakhs

The Real Estate segment's strong performance offset the losses in the Paper Manufacturing segment, resulting in an overall profit for the company.

Half-yearly Performance

For the six-month period ended September 30, 2025:

Total revenue: ₹391.38 lakhs
Profit: ₹14.54 lakhs

This indicates a positive trend in the company's overall performance for the first half of FY26.

Balance Sheet Highlights

Cash and cash equivalents increased to ₹63.22 lakhs from ₹31.72 lakhs.
Long-term borrowings decreased significantly from ₹1,184.34 lakhs to ₹255.20 lakhs, indicating a substantial reduction in the company's debt burden.

Outlook

While the Paper Manufacturing segment continues to face challenges, the Real Estate Development segment has shown robust performance, driving the company's profitability. The significant reduction in long-term borrowings suggests improved financial management and could potentially lead to lower interest costs in the future.

Investors and stakeholders may want to closely monitor the company's strategies for reviving its Paper Manufacturing segment and sustaining the growth momentum in its Real Estate Development business.

Note: The financial results discussed in this article are unaudited and subject to review by the company's statutory auditors.