Svaraj trading & agencies Limited announced significant changes to its board composition during a meeting held on February 10, 2026. The company appointed two new Independent Directors while two existing Independent Directors completed their tenure, marking a strategic transition in board leadership.

New Independent Director Appointments

The Board of Directors, based on recommendations from the Nomination and Remuneration Committee, approved the appointment of two new Independent Directors:

Director Profiles and Experience

Both newly appointed directors bring substantial professional experience to the board. Mrs. Jyotsana Vishnu Joshi is an Arts graduate with more than ten years of diverse experience in the field of education and related activities. Mrs. Urvashi Tilkesh Sharma holds a Bachelor's degree in Commerce and has over 15 years of rich experience in the field of Management and Administration.

The company confirmed that both appointees are not debarred from holding directorship positions by any SEBI order or other regulatory authority. Additionally, neither director is related to any existing directors of the company.

Cessation of Existing Independent Directors

Simultaneously, two Independent Directors completed their tenure:

Both departing directors held significant committee positions across multiple listed entities, including chairperson and member roles in Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee in both S. V. Trading & Agencies Limited and Svaraj Trading and Agencies Limited.

Meeting Details and Compliance

The board meeting commenced at 02:00 p.m. and concluded at 03:45 p.m. on February 10, 2026. The company filed the necessary disclosures under Regulation 30 of the SEBI Listing Regulations, in compliance with SEBI Circular no. HO/49/14/14(7)2025-CFD-POD2/II/3762/2026 dated January 30, 2026.

The appointments are subject to approval by the company's members pursuant to Regulation 17(1C) of the SEBI Listing Regulations. All relevant information has been made available on the company's website at www.svarajtrading.in .

Svaraj Trading & Agencies Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing a mixed performance with quarterly losses offset by nine-month profitability. The Board of Directors approved these results during their meeting held on February 10, 2026.

Quarterly Performance Analysis

The company's third quarter performance reflected operational challenges, with the following key metrics:

The quarterly results show no revenue from operations during Q3 FY26, similar to the corresponding quarter last year. However, the net loss increased to ₹22.37 lakhs compared to ₹14.53 lakhs in Q3 FY25, primarily due to higher operational expenses.

Nine-Month Performance Highlights

Despite quarterly challenges, the nine-month period demonstrated a remarkable turnaround:

The nine-month results mark a significant operational milestone with the company generating ₹122.34 lakhs in revenue from operations, compared to no operational revenue in the corresponding period last year.

Expense Structure and Cost Management

The company's expense breakdown for Q3 FY26 reveals the following cost structure:

• Employee Benefits Expense: ₹13.16 lakhs (vs ₹10.80 lakhs in Q3 FY25)
• Depreciation and Amortization: ₹4.89 lakhs (vs ₹0.24 lakhs in Q3 FY25)
• Other Expenses: ₹4.32 lakhs (vs ₹3.48 lakhs in Q3 FY25)
• Total Expenses: ₹22.37 lakhs (vs ₹14.53 lakhs in Q3 FY25)

For the nine-month period, total expenses stood at ₹63.04 lakhs compared to ₹46.66 lakhs in the previous year, reflecting increased operational activity and infrastructure investments.

Financial Position and Capital Structure

The company maintains a stable capital structure with:

The equity share capital has remained consistent across all reported periods, indicating no dilution or capital restructuring activities.

Regulatory Compliance and Audit Status

The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013. The unaudited results were reviewed by the Audit Committee and subjected to limited review by statutory auditors G R A M and Associates LLP. The auditors confirmed that nothing came to their attention suggesting material misstatements in the financial results.

The company's transformation from consistent losses to nine-month profitability, coupled with the resumption of operational revenue, indicates potential business recovery despite quarterly volatility. The results demonstrate the company's efforts to rebuild its operational capabilities while managing cost structures effectively.