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Nivaka Fashions Limited announced that its shareholders approved the appointment of Maark & Associates as Statutory Auditors for a term of 5 years, and Ms. Neha Anup Poddar as Secretarial Auditor until the ensuing Annual General Meeting, with a further proposed appointment for 5 consecutive years, at the company’s 43rd Annual General Meeting held on September 28, 2026. Additionally, Mrs. Meenakshi Saini was appointed as an Independent Director, and Mr. Bhavin Shantilal Jain was re-appointed as Chairman and Managing Director, while Mr. Dinesh Jamnadas Shah will cease to be an Independent Director effective September 29, 2026, and the tenure of M/s. ADV & Associates, the current Statutory Auditors, will end at the conclusion of the same AGM.

Nivaka Fashions Limited announced that its shareholders approved the appointment of Maark & Associates as Statutory Auditors for a term of 5 years, and Ms. Neha Anup Poddar as Secretarial Auditor until the ensuing Annual General Meeting, with a further proposal for appointment for 5 consecutive years, at the company’s 43rd Annual General Meeting held on September 28, 2026. Additionally, Mrs. Meenakshi Saini was appointed as an Independent Director, and Mr. Bhavin Shantilal Jain was re-appointed as Chairman and Managing Director, while Mr. Dinesh Jamnadas Shah will cease to be an Independent Director effective September 29, 2026, and the tenure of M/s. ADV & Associates, the current Statutory Auditors, will end at the conclusion of the same AGM.

Nivaka Fashions Limited will close its trading window for securities dealings by promoters, directors, key managerial persons, designated persons and their immediate relatives from October 1, 2026, according to a regulatory filing with the BSE Limited and Metropolitan Stock Exchange of India Limited. The window will reopen 48 hours after the declaration of the unaudited financial results for the quarter and half year ended September 30, 2026, with the board meeting date for consideration and declaration to be announced separately.

Net loss of Nivaka Fashions reported to Rs 3.61 crore in the quarter ended March 2026 as against net profit of Rs 0.24 crore during the previous quarter ended March 2025. There were no Sales reported in the quarter ended March 2026 as against Rs 1.30 crore during the previous quarter ended March 2025.For the full year,net loss reported to Rs 5.21 crore in the year ended March 2026 as against net loss of Rs 0.50 crore during the previous year ended March 2025. Sales declined 98.64% to Rs 0.02 crore in the year ended March 2026 as against Rs 1.47 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales01.30 -100 0.021.47 -99 OPM %033.85 --22400.0014.97 - PBDT-3.550.38 PL -4.690.02 PL PBT-3.600.25 PL -5.23-0.49 -967 NP-3.610.24 PL -5.21-0.50 -942 Powered by Capital Market - Live News

Nivaka Fashions will hold a meeting of the Board of Directors of the Company on 30 May 2026.