Svarnim Trade Udyog Ltd (SNIM) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Svarnim Trade Udyog Ltd on NSE and BSE, with an AI summary of each filing.
Appointment of Internal auditor
Change in Auditor · 04 Nov 2026, 12:57 am
Svarnim Trade Udyog Reports Q2 FY27 Loss and Appoints Internal Auditor Svarnim Trade Udyog approved standalone unaudited financial results for the quarter and half-year ended 30th Sep'26. The company posted nil revenue from operations for Q2 FY27, recording total expenses of Rs 1.67 lakh against Rs 0.25 lakh in Q2 FY26. Net loss widened to Rs 1.67 lakh from Rs 0.25 lakh YoY, translating to a basic and diluted EPS of Rs (0.07). Additionally, the board approved the appointment of M/s. D G M S & Co., Chartered Accountants, as internal auditor for FY27.
Results for Half year ended on September, 2026
Financial Result · 04 Nov 2026, 12:53 am
Svarnim Trade Udyog Reports Q2 and H1 FY27 Results; Appoints Internal Auditor Svarnim Trade Udyog approved standalone unaudited results for the quarter and half-year ended 30th Sep'26. The company reported zero revenue from operations. Net loss for Q2 stood at ₹1.67 lakh compared to ₹0.25 lakh in Q2 FY26 and ₹4.63 lakh in Q1 FY27. For H1, net loss widened slightly to ₹6.29 lakh versus ₹6.12 lakh YoY. Q2 EPS was -₹0.07. Separately, the board approved the appointment of M/s. D G M S & Co., Chartered Accountants, as Internal Auditor for FY27.
Results for quater and half year ended on 30th September, 2026
Financial Result · 04 Nov 2026, 12:09 am
Svarnim Trade Udyog Reports Q2 FY27 Results With Persistent Net Losses Svarnim Trade Udyog reported zero revenue from operations for the quarter ended 30th Sep'26, unchanged YoY and QoQ. Total expenses for Q2 FY27 stood at Rs 1.67 lakh, down from Rs 4.63 lakh in Q1 FY27 but up from Rs 0.25 lakh in Q2 FY26. Consequently, net loss stood at Rs 1.67 lakh versus a loss of Rs 4.63 lakh QoQ and Rs 0.25 lakh YoY, translating to a negative EPS of Rs 0.07. For H1 FY27, net loss expanded to Rs 6.29 lakh against Rs 6.12 lakh in H1 FY26.
Outcome of Board Meeting held today. i.e. Tuesday, 03rd November, 2026
Outcome · 04 Nov 2026, 12:02 am
Svarnim Trade Udyog Ltd - Financial Result for the Quarter ended 30th Sep'26 (Standalone, INR Lakh) ■ Revenue: 0.0 ■ EBITDA: -1.7 (-568.0% YoY | +63.9% QoQ) ■ EBITDA Margin (%): 0.0 ■ PAT: -1.7 (-568.0% YoY | +63.9% QoQ) ■ EPS (INR): -0.07 (-600.0% YoY | +63.2% QoQ)
Svarnim Trade Udyog Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2026 ,inter alia, to consider and approve 1. The Unaudited Financial ....
Intimation · 03 Nov 2026, 5:30 am
Svarnim Trade Udyog Schedules Board Meeting for Q2 Earnings Svarnim Trade Udyog Limited has scheduled a meeting of its Board of Directors on 3rd Nov'26 at its Kolkata registered office. The board will inter-alia consider, discuss, and approve the company's unaudited financial results for the quarter and half-year ended 30th Sep'26, along with the Limited Review Report.
Submission of Voting Results
Annual General Meeting · 10 Sept 2026, 1:01 am
Svarnim Trade Udyog AGM Voting Results Outcome Svarnim Trade Udyog Limited announced the voting results for its AGM held on 7th Sep'26. A total of 27 votes (0.0011% of outstanding shares) were polled, with 59.26% voting in favor and 40.74% against across all items. Ordinary resolutions—including the adoption of audited financial statements, re-appointment of director Ms. Surbhi Aggarwal, and appointment of M/s. B B Gusani & Associates as statutory auditors—were approved. However, special resolutions proposing director appointments for Mr. Gulshan Kumar Aggarwal and Ms. Nidhi Bansal, along with a registered office change, were defeated.
Submission of Scrutinizer Report
Annual General Meeting · 10 Sept 2026, 12:57 am
Svarnim Trade Udyog AGM Voting Results and Scrutinizer Report Svarnim Trade Udyog submitted its Scrutinizer Report for the 44th AGM held on 7th Sep'26. Total valid votes polled stood at 27 shares across all resolutions, with 59.26% in favor (16 votes) and 40.74% against (11 votes). Ordinary resolutions—including adoption of audited FY26 financial statements, re-appointment of Director Surbhi Aggarwal, and appointment of statutory auditors M/s B B Gusani & Associates—were passed. However, special resolutions regarding the appointments of Gulshan Kumar Aggarwal, Nidhi Bansal, and shifting the registered office failed to achieve the requisite majority.
Reconstitution Of the Committees
Others (Uncategorized) · 09 Sept 2026, 2:36 am
Svarnim Trade Udyog Announces Board Reshuffle and Committee Reconstitution Svarnim Trade Udyog Limited announced that shareholders rejected the continuation resolutions for Non-Executive Chairperson Gulshan Kumar Aggarwal and Independent Director Nidhi Bansal at the 44th AGM, resulting in their cessation effective 7th Sep'26. Consequently, the board appointed Sangeeta Aggarwal as Additional Non-Executive Chairperson and Parin Shirishkumar Bhavsar as Additional Independent Director, effective 8th Sep'26, subject to shareholder approval. The company also reconstituted its Audit, Nomination & Remuneration, and Stakeholder Relationship committees effective 8th Sep'26 to reflect these leadership changes.
Cessation of Directors of the Company
Change in Management · 09 Sept 2026, 2:33 am
Svarnim Trade Udyog Announces Board Reshuffle Following 44th AGM Svarnim Trade Udyog Limited approved key board changes effective 8th Sep'26. Mr. Gulshan Kumar Aggarwal (Chairperson) and Ms. Nidhi Bansal (Independent Director) ceased directorships effective 7th Sep'26 following non-approval of resolutions by shareholders at the 44th AGM. Concurrently, Ms. Sangeeta Aggarwal was appointed Additional Non-Executive Non-Independent Director cum Chairperson, and Mr. Parin Shirishkumar Bhavsar was appointed Additional Non-Executive Independent Director, effective 8th Sep'26, subject to shareholder approval. The company also reconstituted its Audit, Nomination & Remuneration, and Stakeholder Relationship Committees.
Intimation under Regulation 30 of SEBI (LODR) Regulation, 2015
Change in Management · 09 Sept 2026, 2:30 am
Svarnim Trade Udyog Announces Board Reshuffle Following 44th AGM Resolutions Svarnim Trade Udyog Limited approved key board changes effective 8th Sep'26. Parin Shirishkumar Bhavsar was appointed as Additional Non-Executive Independent Director, while Sangeeta Aggarwal was appointed as Additional Non-Executive Non-Independent Director and Chairperson. Consequently, the company reconstituted its Audit, Nomination & Remuneration, and Stakeholder Relationship Committees. Meanwhile, Gulshan Kumar Aggarwal (Chairperson) and Nidhi Bansal (Independent Director) ceased to hold office effective 7th Sep'26 after shareholders rejected their reappointment resolutions at the 44th AGM.
Outcome of Board Meeting and Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Others (Uncategorized) · 09 Sept 2026, 2:29 am
Svarnim Trade Udyog Reconstitutes Board Following Shareholder Rejections at 44th AGM Svarnim Trade Udyog approved major leadership changes on 8th Sep'26 following the rejection of director reappointment resolutions by shareholders at its 44th AGM. Gulshan Kumar Aggarwal (Non-Executive Chairperson) and Nidhi Bansal (Independent Director) ceased holding office effective 7th Sep'26 due to lack of shareholder approval. Consequently, the board appointed Sangeeta Aggarwal as Additional Non-Executive Chairperson and Parin Shirishkumar Bhavsar as Additional Independent Director, effective 8th Sep'26. Additionally, the company reconstituted its Audit, Nomination & Remuneration, and Stakeholder Relationship Committees.
Outcome of 44th Annual General Meeting held today i.e. 7th September, 2026 in terms of the Regulation 30(6) of the SEBI (LODR) Regulations, 2015
Annual General Meeting · 07 Sept 2026, 11:13 pm
44th Annual General Meeting of the company will be held on 7th September, 2026
Annual General Meeting · 13 Aug 2026, 4:04 am
Submission of Annual Report for Financial Year 2025-26
Others (Uncategorized) · 13 Aug 2026, 3:57 am
Reconstitution of the Committees
Others (Uncategorized) · 13 Aug 2026, 3:53 am
Svarnim Trade Udyog Announces Auditor Change and Board Reshuffle The Board approved key changes on 12th Aug'26, including the resignation of Statutory Auditor D G M S & Co. due to preoccupation. B B Gusani & Associates was appointed to fill the casual vacancy and then recommended for a five-year term from FY27 to FY31, pending shareholder approval. The company will also relocate its registered office from Kolkata, West Bengal to Jalandhar, Punjab. Additionally, Ms. Nidhi Bansal was appointed as a Non-Executive Independent Director, while Mr. Manish Shrichand Bachani resigned from the same role.
Resignation of Mr. Manish Bachani from the position of Non-Executive and Independent Director of the Company
Change in Management · 13 Aug 2026, 3:47 am
Svarnim Board Approves Auditor Change, New Director, and Office Relocation Svarnim Trade Udyog's board approved key changes on 12th Aug'26. M/s. D G M S & Co. resigned as Statutory Auditor, citing pre-occupation. M/s. B B Gusani & Associates was appointed to fill the vacancy and recommended for a five-year term from FY27-FY31. The board also appointed Ms. Nidhi Bansal as an Additional Non-Executive Independent Director and approved relocating its registered office from Kolkata, West Bengal to Jalandhar, Punjab, subject to shareholder approval. The 44th AGM is scheduled for 7th Sep'26.
Board Recommended, the Appointment of Statutory Auditor
Change in Auditor · 13 Aug 2026, 3:45 am
Svarnim Announces Board, Auditor Changes and Office Relocation Svarnim Trade Udyog's board, on 12th Aug'26, approved key changes. D G M S & Co. resigned as statutory auditors, citing pre-occupation. B B Gusani & Associates was appointed to fill the casual vacancy and recommended for a five-year term from FY27. Ms. Nidhi Bansal was appointed as an Additional Independent Director. The board also approved relocating the registered office from Kolkata, West Bengal to Jalandhar, Punjab, subject to shareholder approval. The 44th AGM is scheduled for 7th Sep'26.
Resignation of Statutory Auditor of the Company
Change in Auditor · 13 Aug 2026, 3:37 am
Svarnim Board Approves Auditor Change, Director Appointments, and Office Relocation Svarnim Trade Udyog's board, on 12th Aug'26, approved key changes. It accepted the resignation of statutory auditor D G M S & Co. and appointed B B Gusani & Associates to fill the vacancy until the 44th AGM. B B Gusani is also recommended for a five-year term from FY27 to FY31. Ms. Nidhi Bansal was appointed as an Additional Independent Director, while Mr. Manish Shrichand Bachani resigned from the board. The company also approved relocating its registered office from Kolkata to Jalandhar, Punjab, pending shareholder approval.
Change in Registered Office of the Company
Others (Uncategorized) · 13 Aug 2026, 3:32 am
Svarnim Announces New Auditor, Office Relocation, and Board Changes Effective 12th Aug'26, Svarnim Trade Udyog's board approved key changes. D G M S & Co. resigned as Statutory Auditor, citing other commitments, with no concerns raised. The board appointed B B Gusani & Associates to fill the vacancy until the 44th AGM and recommended their appointment for a five-year term from FY27-FY31. The company will also relocate its registered office from Kolkata, West Bengal to Jalandhar, Punjab, pending shareholder approval at the upcoming AGM on 7th Sep'26. Additionally, Ms. Nidhi Bansal was appointed as an Independent Director.
Appointment and Resignation of Directors of the Company
Change in Management · 13 Aug 2026, 3:30 am
Svarnim Trade Announces Board, Auditor, and Office Changes Svarnim Trade Udyog's board on 12th Aug'26 approved multiple key changes. Ms. Nidhi Bansal was appointed as an Additional Non-Executive Independent Director. M/s. D G M S & Co. resigned as Statutory Auditor, citing other preoccupations, with no concerns raised. M/s. B B Gusani & Associates was appointed to fill the casual vacancy and recommended for a five-year term from FY27-FY31. The board also approved shifting the registered office from Kolkata, West Bengal to Jalandhar, Punjab, subject to shareholder approval at the 44th AGM on 7th Sep'26.
Outcome of Board Meeting and Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Others (Uncategorized) · 13 Aug 2026, 1:53 am
Svarnim Board Approves Auditor Change and Registered Office Relocation Svarnim Trade Udyog's Board approved key changes on 12th Aug'26. Statutory auditor M/s. D G M S & Co. resigned, citing pre-occupation. The Board appointed M/s. B B Gusani & Associates to fill the vacancy until the 44th AGM and recommended their appointment for a five-year term from FY27-FY31. Additionally, the Board approved relocating the registered office from Kolkata, West Bengal to Jalandhar, Punjab, subject to shareholder approval. The 44th AGM is scheduled for 7th Sep'26. A new Independent Director was also appointed.
Intimation of Resignation of Internal Auditor of the Company
Change in Auditor · 12 Aug 2026, 5:28 pm
Svarnim Trade Udyog: Internal Auditor Resigns Citing Professional Pre-occupations Svarnim Trade Udyog announced the resignation of its Internal Auditor, M/s. B B Gusani & Associates, effective 11th Aug'26. The firm cited "pre-occupation with other professional assignments" as the reason for its departure. B B Gusani & Associates confirmed there are no other material reasons for the resignation beyond what was stated in their letter. This change in a key audit function is a notable governance event for the company. The company will now need to appoint a successor.
Integrated Filling (Finance) for the Quarter ended on 30th June, 2026
Others (Uncategorized) · 12 Aug 2026, 12:53 am
Svarnim Trade Udyog Q1 FY27 Loss Narrows; Auditor Flags Going Concern Uncertainty Svarnim Trade Udyog reported a net loss of Rs. 4.63 lakhs for Q1 FY27, an improvement from a Rs. 5.87 lakhs loss YoY. Total expenses decreased to Rs. 4.63 lakhs from Rs. 5.87 lakhs YoY, with zero revenue from operations in both periods. Basic EPS stood at Rs. (0.19) versus Rs. (0.24) YoY. The auditor issued a qualified conclusion, citing continuous cash losses, net worth erosion, and a negative net worth of Rs. 28.88 lakhs as of 30-Jun'26, raising material uncertainty about the company's going concern status.
Submission of Unaudited Financial Results for the Quarter ended on 30th June, 2026
Financial Result · 12 Aug 2026, 12:40 am
Svarnim Trade Udyog Reports Q1FY27 Loss; Auditor Issues Qualified Conclusion Svarnim Trade Udyog reported a net loss of ₹4.63 lakhs for Q1FY27, ended 30th Jun'26, narrowing from a ₹5.87 lakh loss YoY but widening from a ₹1.45 lakh loss QoQ. The company recorded zero revenue from operations. The auditor issued a qualified conclusion, citing a material uncertainty regarding the company's ability to continue as a going concern due to continuous cash losses, Net Worth erosion, and a negative Net Worth of ₹28.88 lakhs as of 30th Jun'26. Basic EPS for the quarter was ₹(0.19).
Pursuant to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, We hereby inform you that the Board of Directors of the Company, in their meeting ....
Outcome · 12 Aug 2026, 12:30 am
Svarnim Trade Udyog Ltd - Financial Result for the Quarter ended 30th Jun'26 (Standalone, INR Lakh) ■ Revenue: 0.0 ■ EBITDA: -4.6 (+21.1% YoY | -219.3% QoQ) ■ EBITDA Margin (%): 0.0 ■ PAT: -4.6 (+21.1% YoY | -219.3% QoQ) ■ EPS (INR): -0.19 (+20.8% YoY | -216.7% QoQ)