Saptarishi Agro Industries Appoints Managing Director as Interim Compliance Officer

1 min read     Updated on 28 Jan 2026, 06:53 PM
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Reviewed by
Shriram SScanX News Team
Overview

Saptarishi Agro Industries Limited has designated Managing Director Mr. Rushabh Ravjibhai Patel (DIN: 02721107) as Interim Compliance Officer effective November 30, 2025, following the resignation of the Company Secretary and Compliance Officer. The appointment ensures regulatory compliance continuity with SEBI (LODR) Regulations until a permanent replacement is found. The company has confirmed all statutory compliances are being maintained during the interim period.

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Saptarishi agro industries Limited has announced the appointment of its Managing Director as Interim Compliance Officer following the resignation of the company's Company Secretary and Compliance Officer. The appointment ensures regulatory compliance continuity during the transition period.

Leadership Transition Details

The Board of Directors has designated Mr. Rushabh Ravjibhai Patel (DIN: 02721107), Managing Director, as Interim Compliance Officer effective November 30, 2025. This appointment was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parameter: Details
Appointee: Mr. Rushabh Ravjibhai Patel
Designation: Managing Director (Interim Compliance Officer)
DIN: 02721107
Effective Date: November 30, 2025
Reason: Resignation of Company Secretary and Compliance Officer

Regulatory Compliance Assurance

The interim appointment has been structured to ensure uninterrupted compliance with regulatory requirements. The company has emphasized that this designation maintains continuity in adherence to SEBI (LODR) Regulations and other applicable laws until a permanent replacement is found.

Saptarishi Agro Industries has confirmed that all statutory and regulatory compliances are being duly maintained during this interim period. The appointment demonstrates the company's commitment to maintaining governance standards and regulatory adherence despite the leadership transition.

Company Information

Saptarishi Agro Industries Limited operates with its registered office located at Padalam Sugar Factory Road, Pazhayanoor Post, Chengalpattu District, Tamil Nadu. The company trades on BSE with security code 519238 and security ID SPTRSHI, with ISIN INE233P01017.

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Saptarishi Agro Industries Reports Profit Turnaround in Q2 FY2026

1 min read     Updated on 14 Nov 2025, 10:35 PM
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Reviewed by
Radhika SScanX News Team
Overview

Saptarishi Agro Industries Limited reported a significant financial turnaround for Q2 FY2025-26. The company posted a profit after tax of ₹176.62 lakhs, compared to a loss of ₹70.86 lakhs in the previous quarter. Net sales for Q2 stood at ₹2,242.80 lakhs. The company operates in trading, manufacturing, and land development sectors. The board approved these unaudited financial results on November 14, 2025, for the quarter and half-year ended September 30, 2025. Statutory auditors issued a clean limited review report for the quarterly results.

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Saptarishi Agro Industries Limited , a company operating in trading, manufacturing, and land development sectors, has reported a significant turnaround in its financial performance for the second quarter of the fiscal year 2025-26. The company's board meeting, held on November 14, 2025, approved the unaudited financial results for the quarter and half-year ended September 30, 2025.

Key Financial Highlights

Metric Q2 FY2026 Q1 FY2026 Change
Net Sales ₹2,242.80 Not Available N/A
Profit After Tax ₹176.62 ₹(70.86) Turned Profitable

All figures in lakhs

The company has shown a remarkable improvement in its bottom line, posting a profit after tax of ₹176.62 lakhs for the quarter ended September 30, 2025. This represents a significant turnaround from the loss of ₹70.86 lakhs reported in the previous quarter.

Segment Operations

Saptarishi Agro Industries operates in three distinct segments:

  1. Trading
  2. Manufacturing
  3. Land Development Project

While specific segment-wise performance details were not provided, the overall profitability suggests improved performance across these business areas.

Audit Review

The company's statutory auditors have issued a clean limited review report for the quarterly results, indicating compliance with accounting standards and regulations.

Corporate Governance

The financial results were approved at a board meeting that commenced at 2:30 PM and concluded at 5:30 PM on November 14, 2025. This disclosure aligns with the company's commitment to transparency and adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Conclusion

Saptarishi Agro Industries' ability to reverse its financial position from a loss to a substantial profit within a quarter is noteworthy. The turnaround in profitability may indicate improved operational efficiency and market conditions for the company. However, stakeholders should consider the broader economic context and industry trends when evaluating this performance.

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1 Year Returns:-100.00%