Latest news about Pervasive Commodities
Pervasive Commodities
1.20
0.00(0.00%)
Company Performance:
View Company Insights1D0.00%
1M0.00%
6M0.00%
1Y0.00%
5Y-100.00%
More news about Pervasive Commodities
31Dec 25
Pervasive Commodities Board Approves Postal Ballot for Independent Director Appointment
Pervasive Commodities Limited's Board approved a postal ballot notice on December 31, 2025, seeking member consent for appointing Ms. Meenu Jain as Non-Executive Independent Director for five years from November 1, 2025 to October 30, 2030. The remote e-voting process will be conducted through NSDL from January 1-30, 2026, with CS Jay Pandya appointed as Scrutinizer and results to be declared by February 3, 2026.
13Nov 25
Pervasive Commodities Reports Massive Q2 Loss Due to Stock Destruction
Pervasive Commodities Limited, a Gujarat-based company, reported a net loss of Rs 1,568.62 crore for Q2 FY26, a stark contrast to its Q1 profit of Rs 21.12 crore. The loss primarily resulted from the destruction of uninsured perishable stock-in-trade. Revenue from operations plummeted to Rs 40.01 crore from Rs 365.40 crore in Q1. The company's EPS turned negative at Rs 164.37. Management disclosed using share warrant proceeds for working capital and supplier advances. Auditors highlighted the significant losses and use of warrant proceeds as key matters.
01Nov 25
Pervasive Commodities Appoints New Independent Director, Reshapes Key Committees
Pervasive Commodities has appointed Ms. Meenu Jain as an Additional Non-Executive Independent Director, effective November 1, 2025. Ms. Jain, with 11 years of experience in various fields, holds qualifications including Company Secretary, Commerce graduate, and LLB degree. Following her appointment, the company has reconstituted its Audit Committee and Nomination and Remuneration Committee. The Audit Committee now includes Ms. Hetal Neel Pathak as Chairperson, Mr. Fagun Chandrakant Soni as Member, and Ms. Meenu Jain as Member. The Nomination and Remuneration Committee comprises Ms. Hetal Neel Pathak as Chairperson, Ms. Meenu Jain as Member, and Ms. Parulben Dataniya as Member.
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