Shiva Global Agro Industries Ltd has issued a clarification to BSE Limited regarding recent price movements in the company's shares, stating that such fluctuations are market-driven and not connected to any undisclosed material information.

BSE Inquiry and Company Response

The company received a clarification request from BSE's Department of Corporate Services on February 26, 2026, seeking explanation for the price movement of the company's security on the exchange. In its response, Shiva Global Agro Industries emphasized its commitment to regulatory compliance and transparency.

Regulatory Compliance Confirmation

The company provided the following key clarifications:

Management Position

The management clearly stated that it is not connected with or responsible for the price movement in the company's shares. The company attributed the stock price fluctuations to market forces and prevailing market conditions rather than any company-specific developments or undisclosed information.

Regulatory Framework

The response was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to disclose material events and information that could impact stock prices. The company reaffirmed its commitment to maintaining transparency and making timely disclosures as required under applicable regulations.

The clarification was signed by Deepak S. Maliwal, Director of the company, and submitted to BSE for their records. This response demonstrates the company's proactive approach to addressing regulatory inquiries and maintaining investor confidence through transparent communication.

Shiva Global Agro Industries Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing a challenging performance with significant losses reported across both standalone and consolidated operations.

Financial Performance Overview

The company's standalone operations showed a marked deterioration in Q3 FY26 compared to the previous year. Key financial metrics demonstrate the extent of operational challenges faced during the quarter.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the standalone operations reported a net loss of ₹277.18 lakhs compared to a profit of ₹246.46 lakhs in the corresponding period of the previous year. Revenue from operations increased to ₹6,662.75 lakhs from ₹5,512.95 lakhs, showing a positive trend over the longer period.

Consolidated Results

On a consolidated basis, the company reported a net loss of ₹149.36 lakhs for Q3 FY26, with consolidated revenue from operations reaching ₹8,221.76 lakhs. The consolidated results include the performance of subsidiary company Shrinivasa Agro Foods Private Limited.

Segment-wise Performance

The company operates across three business segments: Fertilizers, Solvent, and Other agricultural commodities. The fertilizers segment, which forms the core business, reported revenue of ₹1,175.76 lakhs in Q3 FY26 compared to ₹1,825.07 lakhs in Q3 FY25.

Corporate Developments

The company previously divested its entire shareholding in two subsidiary companies - Shiva-Parvati Poultry Feed Private Limited and Ghatprabha Fertilizers Private Limited - during the previous year. This divestment resulted in an exceptional gain of ₹887.88 lakhs, which significantly impacted the comparative figures for the previous year.

Board Approval and Audit Review

The Board of Directors approved these unaudited financial results in their meeting held on February 09, 2026, which commenced at 04:00 p.m. and concluded at 05:55 p.m. The results were reviewed and recommended by the Audit Committee before board approval. M/s. Falor Jhavar Khatod & Co., the company's statutory auditors, conducted a limited review of these financial results and issued an unmodified report on the same.