Futuristic Solutions Ltd (534063)

Futuristic Solutions Ltd approved its unaudited financial results for the quarter ended June 30, 2026, in a board meeting held on August 6, 2026. The statutory auditor, Mahesh Yadav & Co., issued a limited review report with an unmodified opinion, confirming no material misstatements were identified. As a micro-cap entity with a market capitalization of Rs 43 Cr, the company reported a TTM revenue of Rs 7 Cr and a PAT of Rs 1 Cr in the preceding periods. The board meeting was notably brief, concluding in 25 minutes.

• Board approved unaudited financial results for the quarter ended June 30, 2026
• Statutory auditor Mahesh Yadav & Co. issued a Limited Review Report with an unmodified opinion
• The board meeting commenced at 12:15 P.M. and concluded at 12:40 P.M. on August 6, 2026
• Company maintains a promoter holding of 68.49% as per latest June 2026 records

Futuristic Solutions Ltd has approved its unaudited financial results for the quarter ended June 30, 2026. The statutory auditors, Mahesh Yadav & Co., issued a limited review report with an unmodified opinion, indicating no material misstatements were identified. As a micro-cap company with a market cap of Rs 43 Cr and TTM revenue of Rs 7 Cr, these results are critical to determine if the revenue momentum from March 2026 (Rs 5.38 Cr) has been sustained. The company remains debt-free with a stable promoter holding of 68.49%.

• Board meeting held on August 6, 2026, concluded within 25 minutes (12:15 PM to 12:40 PM).
• Statutory auditors issued an unmodified opinion for the quarter ended June 30, 2026.
• Company maintains a debt-free balance sheet as per the latest financial context.
• Promoter holding remains unchanged at 68.49% as of the June 2026 quarter.

Futuristic Solutions Ltd has announced a board meeting on August 6, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. This follows a fiscal year (FY26) where the company saw a significant revenue recovery to Rs 6.52 Cr compared to just Rs 0.75 Cr in FY25. The market will be watching to see if the strong performance from the March 2026 quarter (Revenue: Rs 5.38 Cr) is sustained. The trading window for insiders remains closed until 48 hours after the results are declared.

• Board meeting scheduled for August 6, 2026, to review Q1 FY27 results
• Trading window closed for insiders until 48 hours post-result declaration
• Company reported a TTM revenue of Rs 7 Cr against a market cap of Rs 49 Cr
• Previous quarter (March 2026) revenue stood at Rs 5.38 Cr, representing over 80% of FY26 total revenue

Futuristic Solutions Ltd has appointed Mr. Parmjit Singh as a Non-Executive Independent Director effective July 20, 2026. The appointment is for a five-year term, subject to shareholder approval. Mr. Singh has a background in agriculture, brick manufacturing, and infrastructure, which the company intends to leverage for guidance in its lending operations. This is a routine board-level appointment for the micro-cap company, which reported a TTM revenue of ₹7 Cr.

• Appointment of Mr. Parmjit Singh as Non-Executive Independent Director effective July 20, 2026
• The appointment is for a fixed term of 5 years, pending shareholder ratification
• Mr. Singh brings experience from the bricks and tiles manufacturing and agriculture sectors
• Company maintains a small financial footprint with TTM PAT of ₹1 Cr and Market Cap of ₹43 Cr

Futuristic Solutions Ltd has scheduled its book closure period from August 14, 2026, to August 20, 2026. This is a standard regulatory procedure to determine shareholder eligibility for the company's 43rd Annual General Meeting (AGM). The last date for share transfers to be recorded for this purpose is August 13, 2026. No dividend or other corporate actions were mentioned in this specific filing.

• Book closure period of 7 days from August 14 to August 20, 2026
• Purpose of the closure is for the 43rd Annual General Meeting
• Last date for share transfer eligibility is August 13, 2026
• Filing made under Regulation 42 of SEBI (LODR) Regulations, 2015

Futuristic Solutions Ltd has released its 43rd Annual Report for FY 2025-26, scheduling its Annual General Meeting (AGM) for August 20, 2026. A key agenda item is the proposed 28.5% increase in Managing Director Mandeep Sandhu's annual remuneration, rising from ₹21 lakh to ₹27 lakh effective April 1, 2026. The company is also seeking approval for the appointment of Mr. Parmjit Singh as an Independent Director for a five-year term. Additionally, the Secretarial Auditor is proposed for re-appointment for a fixed five-year block through FY 2030-31.

• Proposed increase in Managing Director remuneration by 28.57% to ₹27,00,000 per annum
• 43rd Annual General Meeting scheduled for August 20, 2026, at 12:00 P.M. via VC/OAVM
• Appointment of Mr. Parmjit Singh as Independent Director for a 5-year term ending July 19, 2031
• Re-appointment of M/s Kumar Rajesh & Associates as Secretarial Auditor for 5 consecutive years
• Resignation of Independent Director Mr. Abhishek Kaushal noted in the board composition

Futuristic Solutions Ltd has issued a notice for its 43rd Annual General Meeting (AGM) to be held on August 20, 2026. Key agenda items include the appointment of Mr. Parmjit Singh as an Independent Director for a five-year term and the re-appointment of the Secretarial Auditor for FY 2026-2031. Most notably, the company is seeking shareholder approval to increase the Managing Director's remuneration from ₹21 lakh to ₹27 lakh per annum, effective April 1, 2026. The meeting will also cover the adoption of audited financial statements for the fiscal year ended March 31, 2026.

• 43rd Annual General Meeting scheduled for August 20, 2026, at 12:00 PM via Video Conferencing.
• Proposed increase in Managing Director Mandeep Sandhu's salary by ₹6,00,000 per annum (a 28.57% hike).
• Appointment of Mr. Parmjit Singh as an Independent Director for a 5-year term ending July 19, 2031.
• Re-appointment of M/s Kumar Rajesh & Associates as Secretarial Auditor for a 5-year block (FY 2026-27 to 2030-31).
• Shareholders to vote on the adoption of Audited Financial Statements for the year ended March 31, 2026.

Futuristic Solutions Ltd has finalized the schedule for its 43rd Annual General Meeting (AGM), to be held on August 20, 2026. The board approved the annual reports for the fiscal year ended March 31, 2026, and set August 13, 2026, as the cut-off date for e-voting. Additionally, the company announced the resignation of Independent Director Mr. Abhishek Kaushal and the appointment of Mr. Parmjit Singh. This change has led to the reconstitution of the Audit, Nomination and Remuneration, and Stakeholders Relationship committees.

• 43rd Annual General Meeting scheduled for August 20, 2026, via VC/OAVM
• Book closure period set from August 14, 2026, to August 20, 2026
• Cut-off date for e-voting eligibility is August 13, 2026
• Resignation of Independent Director Mr. Abhishek Kaushal effective July 15, 2026
• Board meeting concluded within 35 minutes (12:00 PM to 12:35 PM)

Mr. Abhishek Kaushal has resigned from his position as an Independent Director of Futuristic Solutions Ltd, effective July 15, 2026. He cited personal reasons for his departure and confirmed there are no other material reasons for the resignation. As a result, he has stepped down from three key board committees: Audit, Stakeholders' Relationship, and Nomination and Remuneration. The Board of Directors is scheduled to meet on July 20, 2026, to formally take note of this change.

• Resignation of Independent Director effective from July 15, 2026
• Vacated positions in 3 board committees: Audit, Stakeholders' Relationship, and Nomination and Remuneration
• Board meeting scheduled for July 20, 2026, to record the resignation
• Director confirmed zero material reasons for resignation other than personal ones