Saptak Chem And Business Ltd (506906)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Saptak Chem's revenue was ₹0.0 Cr, and net profit ₹-0.0 Cr (a smaller loss than a year earlier).
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | — | — |
| Operating profit | ₹-0.0 | loss narrowed | loss narrowed |
| Net profit | ₹-0.0 | loss narrowed | loss narrowed |
| EPS (₹) | -0.16 | loss widened | loss narrowed |
📢 Recent Corporate Announcements
Saptak Chem and Business Limited announced the voting results for its 47th Annual General Meeting held on August 29, 2026. All six resolutions, including the adoption of FY26 financial statements and the appointment of Ayush Vinod Kumar Tated as Managing Director for a 5-year tenure (Jan 2026 to Jan 2031), were approved with a 99.91% majority. Total voter turnout stood at 47.54% of outstanding shares (14.61 lakh votes polled out of 30.73 lakh shares).
- All 6 AGM resolutions passed with 99.91% votes polled in favour (14,59,619 votes in favour vs 1,300 against).
- Shareholder turnout stood at 47.54% of total outstanding capital (14,60,919 out of 30,73,227 shares).
- Appointment of Ayush Vinod Kumar Tated as Managing Director approved for 5 years (09 Jan 2026 to 08 Jan 2031).
- A total of 33 shareholders attended the meeting via video conferencing (1 promoter and 32 public).
Saptak Chem And Business Limited has issued a corrigendum rescheduling its 47th Annual General Meeting (AGM) from August 28, 2026, to Saturday, August 29, 2026, at 12:30 PM via video conferencing. The cut-off date for e-voting eligibility has been updated to August 22, 2026 (from August 21, 2026), with remote e-voting running from August 26 to August 28, 2026. Additionally, the 5-year appointment tenures for proposed Independent Directors Mr. Jubin Premji Gada and Ms. Rinku Saini have been aligned to run from August 29, 2026, to August 28, 2031.
- 47th AGM rescheduled from Friday, August 28, 2026, to Saturday, August 29, 2026, at 12:30 PM IST.
- Cut-off date for determining shareholder voting rights revised to August 22, 2026.
- Remote e-voting window adjusted to begin August 26, 2026 (09:00 AM) and end August 28, 2026 (05:00 PM).
- Independent Director terms for Mr. Jubin Premji Gada and Ms. Rinku Saini corrected to August 29, 2026 – August 28, 2031.
Saptak Chem and Business Ltd has released its FY26 Annual Report, confirming a total lack of operational revenue (Rs 0.0 cr) for the second consecutive year. The company reported a net loss of Rs 0.3 crore for FY26, with its net worth remaining negative at Rs -2 crore. A significant management transition is underway, including the appointment of Ayush Vinod Kumar Tated as Managing Director at a nominal salary of Rs 15,000 per month. Promoter holding has seen a sharp decline, falling from 12.58% in March 2026 to just 4.39% in June 2026.
- Revenue for FY26 stood at Rs 0.0 crore, indicating no active business operations
- Net loss widened to Rs 0.3 crore in FY26 from Rs 0.09 crore in FY25
- Promoter holding plummeted to 4.39% as of June 2026, down from 12.58% in March 2026
- Proposed Managing Director salary set at a nominal Rs 15,000 per month
- Company faces a negative net worth of Rs -2 crore against a debt of Rs 3 crore
Saptak Chem and Business Ltd has scheduled its 47th Annual General Meeting (AGM) for August 28, 2026. The agenda includes the regularization of Ayush Vinod Kumar Tated as Managing Director for a five-year term with a proposed monthly salary of Rs 15,000. This comes at a time when the company reports zero revenue for FY26 and a negative net worth of Rs 2 Cr. Shareholders will also vote on the appointment of two independent directors and the adoption of audited financial statements for the year ended March 31, 2026.
- 47th AGM scheduled for August 28, 2026, via Video Conferencing
- Proposed monthly salary for Managing Director Ayush Vinod Kumar Tated is Rs 15,000
- MD appointment term set for 5 years from January 9, 2026, to January 8, 2031
- Share transfer books to remain closed from August 22, 2026, to August 28, 2026
- Company reported TTM revenue of Rs 0 Cr and a net loss of Rs 0.3 Cr for FY26
Saptak Chem and Business Ltd has reported zero deviation in the utilization of funds raised through a preferential issue of convertible warrants. The company issued 40,00,000 warrants at ₹10.50 each, representing a total potential fundraise of ₹4.20 Cr. As of August 1, 2026, the company has received the initial 25% subscription amount of ₹1.05 Cr. The Audit Committee has reviewed the statement and confirmed that the funds are being used as per the objects approved in the EGM held on November 12, 2025.
- Issuance of 40,00,000 convertible warrants on a preferential basis
- Initial 25% consideration received amounts to ₹1,05,00,000
- Warrants priced at ₹10.50 per unit including subscription and exercise price
- Funds were raised on April 6, 2026, following shareholder approval in November 2025
Saptak Chem and Business Ltd continues to report zero operational revenue for the quarter ended June 30, 2026, a trend persisting from the previous fiscal year. The company recorded a net loss of Rs 4.85 Lakhs, slightly narrower than the Rs 5.90 Lakh loss in the year-ago period. Total expenses for the quarter were Rs 4.85 Lakhs, primarily consisting of employee benefits and other administrative costs. The board also appointed Mr. Ayush Tated as the new Managing Director, pending shareholder approval at the upcoming AGM on August 28, 2026.
- Revenue from operations remained at Rs 0.00 for the quarter ended June 30, 2026.
- Net loss for the quarter stood at Rs 4.85 Lakhs, compared to a loss of Rs 5.90 Lakhs in Q1 FY26.
- Paid-up equity share capital increased to Rs 307.32 Lakhs from Rs 107.32 Lakhs in the previous quarter.
- Total expenses decreased to Rs 4.85 Lakhs from Rs 5.90 Lakhs YoY, with other expenses accounting for Rs 4.05 Lakhs.
- Mr. Ayush Tated appointed as Managing Director, subject to shareholder approval at the 47th AGM.
Saptak Chem and Business Ltd continues to report zero operational revenue for the quarter ended June 30, 2026, consistent with its performance throughout FY26. The company recorded a net loss of ₹4.85 lakhs for the quarter, a slight improvement from the ₹5.90 lakhs loss in the year-ago period. A key management change was announced with the appointment of Mr. Ayush Tated as Managing Director. Notably, the paid-up equity capital increased to ₹307.32 lakhs from ₹107.32 lakhs in the previous quarter, while promoter holding has recently dropped significantly to 4.39%.
- Revenue from operations remained at ₹0.00 for the quarter ended June 30, 2026.
- Net loss for the quarter stood at ₹4.85 lakhs, compared to a loss of ₹5.90 lakhs in June 2025.
- Paid-up equity share capital increased by ₹200 lakhs to reach ₹307.32 lakhs as of June 2026.
- Mr. Ayush Tated appointed as Managing Director effective August 1, 2026, subject to shareholder approval.
- The 47th Annual General Meeting (AGM) is scheduled for August 28, 2026, via video conferencing.
Saptak Chem And Business Ltd has scheduled a board meeting for August 1, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The board will also consider the formal appointment of Mr. Ayush Tated as Managing Director. This comes at a critical time as the company has reported zero revenue for the last four consecutive quarters and currently has a negative net worth of Rs 2 Cr. Additionally, promoter holding has recently seen a sharp decline from 12.58% to 4.39% as of June 2026.
- Board meeting scheduled for August 1, 2026, to approve Q1 FY27 results
- Proposed appointment of Mr. Ayush Tated as Managing Director subject to shareholder approval
- Company reported Rs 0.0 Cr revenue in the most recent quarter (March 2026)
- Promoter holding significantly reduced to 4.39% in the June 2026 quarter
- Meeting will also finalize the date and venue for the Annual General Meeting (AGM)
Saptak Chem and Business Ltd has accepted the resignation of Director Mr. Ajay Suresh Yadav, effective from July 7, 2026. The board meeting to formalize this was held on July 21, 2026, lasting 40 minutes. This management change occurs against a backdrop of zero TTM revenue and a negative net worth of ₹2 Cr. Furthermore, promoter holding has recently seen a sharp decline from 12.58% in March 2026 to 4.39% in June 2026.
- Resignation of Mr. Ajay Suresh Yadav effective from the close of business hours on July 7, 2026
- Board meeting held on July 21, 2026, from 3:30 p.m. to 4:10 p.m.
- Promoter holding significantly reduced to 4.39% as of June 2026 from 12.58% in March 2026
- Company reported ₹0.0 Cr revenue for the last four consecutive quarters
- Net worth remains negative at ₹-2 Cr with a debt of ₹3 Cr
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