Shervani Industrial Syndicate Ltd (SHERVANI) — FY26 Annual Report | 1 September 2026

Shervani Industrial Syndicate Limited reported a consolidated net loss of ₹69 lakhs for FY 2025-26, down from a profit of ₹446 lakhs in FY 2024-25. The company proposed a final dividend of 25% ([amount context mismatch] per equity share, ₹6.25 per deferred share). Key developments include the appointment of Bal Krishna Misra as Whole-time Executive Director for 5 years effective 6 August 2026, ratification of his remuneration (basic salary ₹50,000/month + special allowance ₹42,000/month + perquisites), and approval of a ₹40,000 annual remuneration for Cost Auditors. The Board highlighted ongoing real estate, healthcare, and hospitality projects, including new housing and eco-tourism initiatives. Material risks include GST disputes ([amount not verified] demand), pending tax appeals, and regulatory compliance challenges in real estate. The company emphasized CSR spending of ₹25.08 lakhs (2% of average net profit) on education, health, and rural development. Shareholding remains concentrated with promoters (62.07%), and the company is advancing dematerialisation of shares to comply with SEBI norms.