SER Industries Limited has announced that its shareholders have approved key leadership changes, marking a significant development in the company's governance structure. The approvals were disclosed under Regulation 30 of SEBI Listing Regulations on February 21, 2026.

Leadership Restructuring

The shareholders have approved two major appointments that will shape the company's future direction:

Managing Director Profile

Mr. Sunil Kumar Shahi brings over 25 years of experience in business transformation and strategic growth across automotive, electric mobility, finance, energy, and agritech sectors. He holds a B.Tech in Electrical Engineering from NIT Hamirpur and an MBA from Kelley School of Business, Indiana University, USA.

His professional background includes:

• Founder and Director of SNA Milk and Milk Products Limited, a farm-to-table D2C agritech company
• Former Executive Director, Board Member, and CEO at Greaves Cotton Limited
• Expertise in business transformation, electric mobility expansion, and organic growth initiatives

Independent Director Appointment

Mr. Ayush Munnalal Sharma, appointed as Independent Director, brings legal expertise to the board. He holds an LL.B. degree from Rashtrasant Tukadoji Maharaj Nagpur University (2011) and has been practicing law since 2011 as an enrolled member of the Bar Council of Maharashtra and Goa.

His areas of expertise include:

• Corporate and commercial laws
• Criminal law and civil litigation
• Legal consulting and regulatory compliance
• Risk management and dispute resolution

Board Relationships

The disclosure reveals that Mr. Sunil Kumar Shahi is the brother of Mr. Anil Kumar, who serves as a Director of the company. Apart from this relationship, there are no other inter-se relationships among the company's directors. Mr. Ayush Munnalal Sharma has no relationships with other board members.

Regulatory Compliance

The appointments comply with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, and Schedule III of the Listing Regulations. Both appointments are effective from January 20, 2026, for a five-year term, providing stability to the company's leadership structure.

SER Industries Limited has announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, showcasing strong performance with significant improvement in profitability. The results were approved by the board of directors during their meeting held on February 14, 2026, in compliance with Regulation 33 of the SEBI Listing Regulations.

Financial Performance Overview

The company demonstrated robust financial performance during the third quarter of FY26, with notable improvements across key metrics compared to the previous year. The comprehensive financial results show strong operational efficiency and improved profitability.

Quarterly Results Analysis

For the quarter ended December 31, 2025, SER Industries reported a net profit of ₹21.61 lakhs, marking a substantial increase from ₹10.90 lakhs in the corresponding quarter of the previous year. The company's total revenue for the quarter reached ₹33.14 lakhs, driven primarily by other income of ₹22.84 lakhs, which showed remarkable growth from ₹1.58 lakhs in Q3 FY25.

Nine-Month Performance

The nine-month period ending December 31, 2025, showcased an impressive turnaround, with the company achieving a net profit of ₹39.48 lakhs compared to a loss of ₹7.18 lakhs in the same period of the previous year. This represents a significant improvement in the company's operational efficiency and financial management.

Expense Management and Tax Structure

Total expenses for Q3 FY26 were well-controlled at ₹5.97 lakhs, compared to ₹5.25 lakhs in the previous year quarter. The company reported a profit before tax of ₹27.17 lakhs for Q3 FY26, with current tax expenses of ₹5.56 lakhs.

Earnings Per Share and Capital Structure

The company's earnings per share (EPS) for Q3 FY26 stood at ₹2.17 (both basic and diluted), compared to ₹1.10 in the corresponding quarter of the previous year. For the nine-month period, EPS reached ₹3.97 compared to a loss per share of ₹0.72 in the previous year. The paid-up equity share capital remained stable at ₹99.46 lakhs with a face value of ₹10 per share.

Regulatory Compliance and Audit

The financial results were reviewed by the company's audit committee and approved by the board of directors in compliance with Regulation 30 and 33 of the SEBI Listing Regulations. ANKH & Associates, the company's statutory auditor, provided an unmodified limited review report on the unaudited standalone financial results. The board meeting commenced at 1:00 p.m. IST and concluded at 2:00 p.m. IST on February 14, 2026. The company trades on BSE with scrip code 507984 and trading symbol SERIND.