Exicom Tele-Systems Limited (EXICOM) — Board Meeting | 10 August 2026 (2 announcements)

Exicom Tele-Systems Limited confirmed full utilization of ₹400 crore raised through its IPO and pre-IPO placement, with CARE Ratings' monitoring report showing zero unutilized proceeds as of June 30, 2026. The Board approved the final utilization status at its August 10, 2026 meeting, eliminating future monitoring requirements. No deviations were observed in fund deployment across all planned objectives including manufacturing setup, debt repayment, working capital, R&D, and general corporate purposes, though R&D spending showed partial utilization of ₹8.83 crore during the quarter.

Exicom Tele-Systems announced its Q1 FY27 unaudited standalone and consolidated financial results for June 30, 2026, approved by the Board on August 10, 2026. The filing includes Khandelwal Jain & Co.'s limited review reports on both standalone and consolidated results, along with disclosures on material related party transactions requiring shareholder approval at the upcoming AGM. The results show revenue of ₹2,440.98 lakhs standalone and ₹3,359.98 lakhs consolidated, with standalone net profit of ₹49,181 lakhs versus consolidated loss of ₹7,203.53 lakhs.