Chandrima Mercantiles Ltd (CHANDRIMA) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Chandrima Mercantiles Ltd on NSE and BSE, with an AI summary of each filing.
Submission of Integrated Filing (Finance) for the Quarter and Half year ended on 30th September, 2026.
Others (Uncategorized) · 29 Oct 2026, 1:38 am
Chandrima Mercantiles Reports Q2 FY27 Results with Auditor Qualifications For the quarter ended 30th Sep'26, Chandrima Mercantiles posted revenue from operations of Rs 687.65 lakh, surging QoQ from Rs 71.35 lakh but dropping 88.0% YoY from Rs 5,736.47 lakh. Net profit rose to Rs 32.52 lakh versus Rs 4.94 lakh in Q1 FY27, though falling sharply from Rs 423.11 lakh in Q2 FY26. Statutory auditors issued a qualified opinion citing lack of balance confirmations for receivables, payables, loans, and advances, missing supporting purchase and sales invoices, and unavailable current investment valuations.
Submission of Financial Results for the quarter ended on 30th September, 2026
Financial Result · 29 Oct 2026, 1:27 am
Chandrima Mercantiles Q2 FY27 Results and Auditor Qualifications Chandrima Mercantiles reported Q2 revenue from operations of Rs 687.65 lakhs for the quarter ended 30th Sep'26, compared to Rs 5,736.47 lakhs in the prior-year quarter. Net profit dropped to Rs 32.52 lakhs versus Rs 423.11 lakhs in the corresponding period last year, with basic EPS at Rs 0.01. The statutory auditor issued a qualified opinion citing lack of balance confirmations for receivables, payables, loans, and advances, missing supporting purchase and sales invoices, unverified current investment valuations, and unverified closing stock calculations.
Outcome of Board Meeting held today i.e. Wednesday, 28th October, 2026
Outcome · 29 Oct 2026, 1:08 am
Chandrima Mercantiles Ltd - Financial Result for the Quarter ended 30th Sep'26 (Standalone, INR Lakhs) ■ Revenue: 688 (-88.0% YoY | +863.8% QoQ) ■ EBITDA: 43.5 (-92.2% YoY | +559.5% QoQ) ■ EBITDA Margin (%): 6.3 (-334 bps YoY | -292 bps QoQ) ■ PAT: 32.5 (-92.3% YoY | +558.3% QoQ) ■ EPS (INR): 0.01 (-99.5% YoY)
Chandrima Mercantiles Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/10/2026 ,inter alia, to consider and approve Intimation of Board Meeting ....
Intimation · 28 Oct 2026, 5:30 am
Chandrima Mercantiles Schedules Board Meeting to Consider Q2 Results Chandrima Mercantiles Limited has scheduled a meeting of its Board of Directors for 28th Oct'26 at its registered office in Ahmedabad. The board will convene inter alia to consider, approve, and take on record the company's unaudited financial results along with the Limited Review Report for the quarter and half-year ended 30th Sep'26.
Submission of the Voting Results
Annual General Meeting · 20 Sept 2026, 12:39 am
Chandrima Mercantiles AGM Voting Results Chandrima Mercantiles Limited announced the approval of all four resolutions at its Annual General Meeting held on 17th Sep'26. With 28.4055% total votes polled (94,638,621 votes from public non-institutional holders), shareholders approved the adoption of FY26 Audited Standalone Financial Statements, the reappointment of retiring director Dinesh Hareshbhai Gohel, the appointment of M/s. M A A K & Associates as Statutory Auditors, and the appointment of Neha Singhal as Non-Executive Independent Director, each securing over 99.998% approval. Zero promoter or institutional participation was recorded.
Submission of Scrutinizer Report
Annual General Meeting · 20 Sept 2026, 12:33 am
Chandrima Mercantiles AGM Resolutions Approved with 99.99% Majority Chandrima Mercantiles Limited submitted its Scrutinizer Report for the Annual General Meeting held on 17th Sep'26 via video conferencing. Scrutinizer Jay Pandya & Associates confirmed that all four resolutions were passed with requisite majority. Resolutions 01 and 02 each secured 94,637,411 votes in favor (99.99%) versus 1,210 against (0.01%). Resolutions 03 and 04 each received 94,637,461 votes in favor (99.99%) against 1,160 opposing votes (0.01%), with zero invalid votes recorded across all items. E-voting was conducted via NSDL based on the 10th Sep'26 cut-off date.
Outcome of 44th Annual General Meeting held today i.e. 17th September, 2026
Annual General Meeting · 17 Sept 2026, 6:35 pm
Clarification sought on significant movement in price
Others (Uncategorized) · 27 Aug 2026, 8:41 pm
Chandrima Mercantiles Cites Market Forces for Share Price Volatility In response to a BSE query dated 27th Aug'26 regarding significant share price movement, Chandrima Mercantiles (BSE: 540829) confirmed it has no undisclosed price-sensitive or material information. The company stated it has made all required disclosures under SEBI regulations in a timely manner. Management attributes the stock's recent price volatility purely to natural and market-driven factors, asserting there are no pending corporate events or announcements that would explain the fluctuation.
The Exchange has sought clarification from Chandrima Mercantiles Ltd on August 27, 2026, with reference to Movement in Price.<BR><BR>The reply is awaited.
Others (Uncategorized) · 27 Aug 2026, 6:46 pm
44th Annual Report
Others (Uncategorized) · 27 Aug 2026, 12:55 am
Intimation of the Annual General Meeting to be held on 17th September, 2026
Annual General Meeting · 27 Aug 2026, 12:51 am
Announcement under Regulation 30 of SEBI (LODR) Regulations, 2015 - Appointment of Statutory Auditor
Change in Auditor · 27 Aug 2026, 12:45 am
Chandrima Mercantiles Board Recommends New Statutory Auditor Chandrima Mercantiles' board, in its meeting on 26th Aug'26, recommended appointing M/s. MAAK & Associates (FRN: 135024W) as Statutory Auditors. The proposed term is five years, from FY27 to FY31, pending shareholder approval at the upcoming 44th Annual General Meeting (AGM). The company has scheduled its 44th AGM for 17th Sep'26, which will be conducted virtually via Video Conferencing.
Outcome of the Board Meeting held today i.e. 26th August, 2026
Others (Uncategorized) · 27 Aug 2026, 12:42 am
Chandrima Mercantiles Board Recommends New Statutory Auditor The Board of Directors on 26th Aug'26 recommended appointing M/s. MAAK & Associates as Statutory Auditors for five years, from FY27 to FY31. This appointment is subject to shareholder approval at the upcoming 44th Annual General Meeting (AGM). The Board has also scheduled the 44th AGM for 17th Sep'26, which will be conducted virtually via Video Conferencing. MAAK & Associates brings experience in enterprise risk management and statutory audits of listed companies, with a peer review validity until 30th Jun'27.
Integrated Filing (Finance)
Others (Uncategorized) · 13 Aug 2026, 2:28 am
Chandrima Mercantiles Reports Q1'27 Results with Qualified Audit Opinion Chandrima Mercantiles reported a Q1'27 net profit of ₹4.94 lakh, down 88.1% YoY from ₹41.64 lakh and swinging from a loss of ₹219.69 lakh QoQ. Revenue from operations dropped 83.8% YoY to ₹71.35 lakh. The statutory auditor issued a qualified opinion on the results ended 30th Jun'26, citing inability to confirm balances for trade receivables, payables, and loans & advances due to lack of balance confirmations. An Emphasis of Matter was also raised regarding management-only certification of closing stock without providing calculation basis.
Appointment of Internal Auditor
Change in Auditor · 13 Aug 2026, 2:06 am
Chandrima Mercantiles: Board Changes, Auditor Appointment, and Q1 Results For the quarter ending 30th Jun'26, revenue from operations was ₹71.35 lakh, an 83.8% YoY decline. The company posted a net profit of ₹4.94 lakh versus a profit of ₹41.64 lakh YoY and a loss of ₹219.69 lakh QoQ. The Board approved the resignation of Mr. Parin Bhavsar and the appointment of Ms. Neha Singhal as a Non-Executive Independent Director, effective 12th Aug'26. M/s. Sarang Shivajirao Chavan & Associates were appointed as internal auditors for FY27. The statutory auditor issued a qualified opinion on the financials.
Announcement under Regulation 30 (LODR) - Change in Directorate
Change in Management · 13 Aug 2026, 1:55 am
Chandrima Mercantiles Q1FY27 Results, Director Change, and Qualified Audit Opinion Chandrima Mercantiles reported Q1FY27 results with revenue at ₹71.35 lakh (-84% YoY) and net profit at ₹4.94 lakh (-88% YoY). This contrasts with a QoQ profit from a ₹219.69 lakh loss. The board also approved Q1 financials which received a qualified opinion from auditors, who could not confirm balances for trade receivables/payables and loans/advances. The board noted the resignation of Independent Director Parin Bhavsar and appointed Neha Singhal as his replacement, effective 12th Aug'26. Committee memberships were also reconstituted accordingly.
Announcement under Regulation 30 (LODR) - Resignation of Director
Change in Management · 13 Aug 2026, 1:45 am
Chandrima Board Reshuffle & Auditor's Qualified Opinion on Q1 Results For Q1 ending Jun'26, Chandrima Mercantiles reported a net profit of ₹4.94 lakh, down 88% YoY from ₹41.64 lakh, while revenue dropped 84% YoY to ₹71.35 lakh. The board also announced governance changes effective 12th Aug'26, including the resignation of Independent Director Mr. Parin Bhavsar and the appointment of Ms. Neha Singhal. The auditor's limited review report issued a qualified opinion, citing lack of balance confirmations for trade receivables/payables, and noted closing stock was certified by management without providing a calculation basis.
Financial Results for Quarter ended on 30th June, 2026
Financial Result · 13 Aug 2026, 1:39 am
Chandrima Mercantiles Q1FY27 Results, Board Changes & Auditor's Qualified Opinion Chandrima Mercantiles reported a net profit of ₹4.94 lakh for Q1FY27, a decline of 88.1% YoY from ₹41.64 lakh. Revenue from operations fell 83.8% YoY to ₹71.35 lakh. QoQ, the company swung to profit from a loss of ₹219.69 lakh, while revenue plunged 82.0%. The auditor issued a qualified opinion, citing an inability to confirm balances for trade receivables/payables and loans/advances. Effective 12th Aug'26, the board noted the resignation of director Parin Bhavsar and appointed Neha Singhal as a Non-Executive Independent Director.
Outcome of Board Meeting held today i.e. Wednesday, 12th August, 2026
Outcome · 13 Aug 2026, 1:29 am
Chandrima Mercantiles Ltd - Financial Result for the Quarter ended 30th Jun'26 (Standalone, INR Lakh) ■ Revenue: 71.4 (-83.8% YoY | -82.0% QoQ) ■ EBITDA: 6.6 (-84.2% YoY | Loss to Profit QoQ) ■ EBITDA Margin (%): 9.2 (-22 bps YoY | Loss to Profit QoQ) ■ PAT: 4.9 (-88.1% YoY | Loss to Profit QoQ) ■ EPS (INR): 0.00 (Loss to Profit YoY | Loss to Profit QoQ)
Chandrima Mercantiles Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve Pursuant to Regulation ....
Intimation · 12 Aug 2026, 5:30 am
Chandrima Mercantiles Board Meeting Scheduled for 12 Aug'26 to Approve Q1 Results Chandrima Mercantiles Ltd. has scheduled a Board of Directors meeting on 12 Aug'26 at 3:00 PM. The primary agenda is to consider and approve the unaudited financial results for the quarter ended 30 Jun'26. The meeting will also include a Limited Review Report for the same period. Other matters may be discussed with the permission of the Chairperson.
<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....
Others (Uncategorized) · 09 Jun 2026, 9:12 pm
Chandrima Mercantiles Confirms Non-Large Corporate Status On 9th Jun'26, Chandrima Mercantiles Limited (BSE: 540829) formally notified the exchange that it does not qualify as a "Large Corporate" under SEBI's framework for fund raising via debt securities. The company reported its outstanding borrowing as of 31st Mar'26 was Rs. 5.75 crore. Consequently, the mandatory borrowing requirements for Large Corporates are not applicable to the company. The company does not hold a credit rating, as it is not required under the framework.
Integrated Filing (Finance) for the Quarter and Year ended on 31st March, 2026
Others (Uncategorized) · 27 May 2026, 1:20 am
Chandrima Mercantiles Reports Q4FY26 Results Amidst Qualified Auditor Opinion For Q4FY26, Chandrima Mercantiles reported a Profit After Tax of ₹40.97 lakhs, reversing a loss of ₹98.87 lakhs YoY. Full-year FY26 PAT stood at ₹598.86 lakhs versus ₹72.94 lakhs in FY25. However, the auditor issued a qualified opinion, citing inability to verify inventories (₹2,500.10 lakhs), trade receivables, payables, and other balances. An outstanding income tax demand of ₹49 lakhs was also noted. The company's accumulated losses have exceeded its paid-up capital and reserves as of 31st Mar'26.
Financial Results for the Quarter and Year ended on 31st March, 2026
Financial Result · 27 May 2026, 1:18 am
Chandrima Mercantiles Reports Q4FY26 Results with Qualified Auditor Opinion Chandrima Mercantiles reported a Q4FY26 PAT of ₹40.97 lakhs, a significant recovery from a loss of ₹98.87 lakhs YoY. Revenue for the quarter stood at ₹1,179.00 lakhs versus ₹876.48 lakhs YoY. For FY26, PAT was ₹598.86 lakhs compared to ₹72.94 lakhs in FY25, while revenue grew to ₹7,753.63 lakhs. The auditor issued a qualified opinion, citing inability to verify inventories (₹2,500.10 lakhs), lack of confirmations for receivables and payables, and an outstanding income tax demand of ₹49 lakhs.
Outcome of Board Meeting held today i.e. Tuesday, 26th May, 2026
Outcome · 27 May 2026, 1:15 am
Chandrima Mercantiles Ltd - Financial Result for the Quarter ended 31st Mar'26 (Standalone, INR Lakhs) ■ Revenue: 397 (-54.7% YoY | -66.3% QoQ) ■ EBITDA: -138 (+7.2% YoY | Profit to Loss QoQ) ■ EBITDA Margin (%): -34.8 (-1779 bps YoY | Profit to Loss QoQ) ■ PAT: -220 (-122.2% YoY | Profit to Loss QoQ) ■ EPS (INR): -0.08 (+81.0% YoY | Profit to Loss QoQ)
Chandrima Mercantiles Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/05/2026 ,inter alia, to consider and approve Pursuant to Regulation ....
Intimation · 26 May 2026, 5:30 am
Chandrima Mercantiles Board Meeting for Q4 and FY26 Results Chandrima Mercantiles Ltd. has scheduled a Board of Directors meeting on 26th May'26. The key agenda is to consider and approve the audited financial results for the fourth quarter and the full financial year ended 31st Mar'26. The meeting will also include a review of the Auditor's Report on these financial statements.