Sampat Aluminium Limited has announced the appointment of a new Internal Auditor following a board meeting held on February 28, 2026. The company's Board of Directors approved the appointment of M/s. RAJESHKUMAR P SHAH & CO (Chartered Accountants) to serve as Internal Auditor for the Financial Year 2025-26.

Board Meeting Details

The Board of Directors convened at the company's registered office located at 265, Rakanpur, Opp. Manpasand Waybridge, Rakanpur, Kalol, Gandhinagar, Gujarat-382721. The meeting was held on Saturday, February 28, 2026, where the board considered and approved the appointment of the Internal Auditor as part of their agenda.

Internal Auditor Appointment

The key details of the Internal Auditor appointment are presented below:

Auditor Profile and Experience

M/s. RAJESHKUMAR P SHAH & CO is described as a well-renowned chartered accountancy firm that provides comprehensive professional services to its clients. The firm's service portfolio includes:

• Tax Consultancy
• Financial Transaction Advisory Services
• Audit and Assurance Services

Mr. Rajesh Shah, the principal of the firm, holds multiple qualifications including a Bachelor's degree in Commerce, LLB, Chartered Accountant certification, and DISA. He brings more than 25 years of experience in the areas of Accounts and Audit, providing substantial expertise for the Internal Auditor role.

Regulatory Compliance

The appointment was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was communicated to BSE Limited for the company's scrip code 544520, with the notification digitally signed by Sanket Deora, Managing Director (DIN: 01417446), on February 28, 2026.

The company operates from its registered office in Gujarat and maintains compliance with all applicable regulatory requirements for listed entities on the BSE platform.

Sampat Aluminium Limited (BSE: 544520) has reported a significant increase in its financial performance for the half-year ended September 30, 2025. The company, which recently went public on the BSE Emerge platform, has shown robust growth in both revenue and profitability.

Financial Highlights

The company's unaudited standalone financial results reveal impressive growth:

Sampat Aluminium's revenue from operations surged to Rs. 8,113.63 lacs, marking a 30.33% increase from Rs. 6,225.37 lacs in the corresponding period of the previous year. This growth was accompanied by a 30% rise in net profit, which reached Rs. 472.66 lacs compared to Rs. 363.60 lacs in the same period last year.

IPO Proceeds Utilization

The company successfully raised Rs. 2,782.05 lacs (net of IPO expenses) through its initial public offering on the BSE Emerge platform. As of September 30, 2025, the utilization of these funds is as follows:

It's noteworthy that a significant portion of the funds earmarked for capital expenditure remains unutilized, suggesting potential for future growth initiatives.

Balance Sheet Strength

The company's balance sheet as of September 30, 2025, shows a strong financial position:

• Total Assets: Rs. 9,801.14 lacs
• Shareholders' Fund: Rs. 5,717.44 lacs
• Cash and Cash Equivalents: Rs. 1,855.88 lacs

The substantial increase in cash and cash equivalents from Rs. 24.96 lacs as of March 31, 2025, to Rs. 1,855.88 lacs reflects the influx of IPO proceeds and improved cash flow management.

Management Commentary

Sanket Sanjay Deora, Managing Director of Sampat Aluminium Limited, stated in the company's filing, "The Board of Directors has approved the Un-Audited Financial Results for the Half-Year ended 30th September, 2025. We are pleased with the company's performance and the successful utilization of our IPO proceeds thus far."

Auditor's Review

S N Shah & Associates, the company's statutory auditors, have conducted a limited review of the financial results. They reported 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.

Sampat Aluminium Limited's strong financial performance and strategic use of IPO proceeds position it well for future growth in the aluminum sector. Investors and market watchers will likely keep a close eye on how the company utilizes its remaining IPO funds for capital expenditure in the coming quarters.