Tulsi Extrusions Limited has announced the appointment of Ms. Muskan Aggarwal as Company Secretary and Compliance Officer, marking a significant addition to its key managerial personnel. The Board of Directors approved this appointment on March 06, 2026, with the appointment taking effect from the same date.

Key Appointment Details

The company informed both BSE Limited and National Stock Exchange of India Limited about this appointment under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory filing ensures transparency and compliance with stock exchange requirements for disclosure of key managerial personnel changes.

Professional Background

Ms. Muskan Aggarwal brings professional qualifications as an Associate Member of the Institute of Company Secretaries of India. Her membership number ACS 78529 reflects her certified status in the field of company secretarial practice. She has accumulated 5 months of experience specifically in Corporate Law and Compliance, areas directly relevant to her new role at Tulsi Extrusions Limited.

Corporate Governance Aspects

The appointment strengthens the company's corporate governance framework by filling the crucial position of Company Secretary and Compliance Officer. As a Key Managerial Personnel, Ms. Aggarwal will play an essential role in ensuring regulatory compliance and corporate governance standards.

Regulatory Compliance

Tulsi Extrusions Limited has fulfilled its disclosure obligations by informing the stock exchanges about this key appointment. The company's registered office is located at Plot No. N-99, MIDC Area, Jalgaon, Maharashtra 425003, and it operates under CIN L29120MH1994PLC081182. The appointment was formally communicated by Director Surender Kumar Bansal, who signed the disclosure documents on behalf of the company.

This appointment reflects the company's commitment to maintaining robust corporate governance practices and ensuring compliance with regulatory requirements through qualified personnel in key positions.

Tulsi Extrusions Limited has reported its unaudited financial results for the quarter ended June 30, 2025, showing a significant widening of losses despite the company's operational revival following its emergence from liquidation proceedings. The results were announced following a Board of Directors meeting held on March 06, 2026.

Financial Performance Overview

The company posted a net loss of ₹493.99 lakhs for Q1FY26, representing a substantial increase from the ₹200.07 lakhs loss recorded in the corresponding quarter of the previous year. This marks a deterioration in financial performance despite the company's return to active operations.

Operational Challenges and Cost Structure

The company's operational metrics reveal significant challenges in cost management. Total expenses increased to ₹1,549.00 lakhs in Q1FY26 compared to ₹1,587.71 lakhs in Q1FY25, while revenue declined substantially. Key expense components included:

Revival from Liquidation Process

Tulsi Extrusions underwent Corporate Insolvency Resolution Process followed by liquidation proceedings from December 2018 until December 2021. The company was successfully revived through a resolution process, with Mr. Surender Kumar Bansal emerging as the successful bidder.

The Hon'ble National Company Law Tribunal, Mumbai Bench, issued an order dated May 01, 2023, directing the change in company status from "Under Liquidation" to "Active" in the Registrar of Companies records. The current management assumed control of the company's affairs following this restoration.

Board Meeting and Regulatory Compliance

The Board of Directors meeting was held on March 06, 2026, commencing at 04:00 P.M. and concluding at 05:10 P.M. The meeting considered and approved the unaudited standalone financial results for the quarter ended June 30, 2025, pursuant to Regulation 33 of the SEBI (Listing Obligations & Disclosures Requirements) Regulation, 2015.

The company submitted its Q1FY26 results on March 06, 2026, acknowledging significant delays in regulatory filings. Management attributed these delays to exceptional circumstances arising from the company's revival process, including reconstruction of financial records, verification of historical transactions, and pending NCLT approval for fresh equity share issuance.

Earnings Per Share and Capital Structure

The company reported earnings per share (EPS) of ₹(2.36) for Q1FY26 on a non-annualized basis, compared to ₹(0.95) in Q1FY25. The paid-up share capital remained unchanged at ₹2,094.95 lakhs with a face value of ₹10 per share.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The results were audited by K R A & CO., Chartered Accountants, who provided a limited review report confirming compliance with applicable accounting standards and regulatory requirements.