Andhra Pradesh Tanneries approves Sep 2026 results

Stock snapshot and why the disclosure matters

Andhra Pradesh Tanneries Ltd (BSE: 509367) is classified under Leather and Leather Products and was referenced at a market price of INR 6.70. The company informed that its Board met on October 21, 2026, primarily to approve unaudited financial results for the quarter ended September 30, 2026. Such updates matter for investors because they set out the company’s latest performance and confirm compliance steps around disclosures. The announcement also included an insider trading window closure, which is a standard governance requirement around unpublished price sensitive information.

What the Board decided on October 21, 2026

The Board of Andhra Pradesh Tanneries convened on October 21, 2026 to approve unaudited financial results for the quarter ended September 30, 2026. Alongside the financial review, the meeting was positioned around result endorsement and adherence to SEBI disclosure norms. The company also disclosed the closure of the insider trading window until October 23, 2026. The stated purpose was to align with insider trading compliance during the period when results-related information is being processed and disclosed.

Insider trading window closure: key detail

As per the disclosure, the insider trading window was closed up to October 23, 2026. This type of closure is typically used to restrict trading by designated persons when sensitive financial information is under consideration. In this case, the company explicitly tied the closure to the Board’s consideration of unaudited results for the quarter ended September 30, 2026. The timeline communicated provides investors and market participants a clear compliance marker.

AGM update: 52nd Annual General Meeting

Separately, the company’s corporate calendar included its 52nd Annual General Meeting (AGM) on September 30, 2026. The AGM was scheduled for 11:00 am. The venue was cited as the Leather Complex Area, Nellimarla, Vizianagram District, Andhra Pradesh 535217, and the company also referenced its registered office in Vizianagaram, Andhra Pradesh. The record date for the AGM was fixed as September 23, 2026.

E-voting window for shareholders

The AGM notice also carried an e-voting schedule. The e-voting period was set from Sunday, September 27, 2026 (10:00 a.m. IST) to Tuesday, September 29, 2026 (5:00 p.m. IST). These dates establish when eligible shareholders could cast votes electronically for resolutions placed before the AGM. The record date of September 23, 2026 determines shareholder eligibility for voting, as communicated.

FY26 performance: losses, with figures reported across updates

The company’s FY26 performance was described in multiple updates with reported net loss figures. One disclosure stated Andhra Pradesh Tanneries reported a net loss of INR 14.50 lakh for the financial year ended March 31, 2026, compared with a loss of INR 27.29 lakh in FY25. Another update stated the company reported a net loss of INR 12.84 lakh for FY26, narrowing from a loss of INR 14.50 lakh in the previous year, and highlighted that total income from operations fell to zero. The same set of information noted zero income from operations in FY26 versus INR 5.52 lakh in FY25. These figures, as reported, reflect continued strain, especially given the company’s statement that its tannery plant remains non-operational and losses were primarily driven by administrative expenses.

Operations: plant non-operational and income at zero

The disclosures repeatedly indicated that the tannery plant remains non-operational. The company also attributed losses primarily to administrative expenses incurred during the period. One update explicitly noted that total income from operations was zero for FY26, compared with INR 5.52 lakh in FY25. This combination of inactive operations and recurring administrative costs is central to understanding why losses persisted despite a narrowing trend in some reported figures.

Governance and board composition

The Board of Directors was listed as Ms. Uma Yelavarthy, Mr. Glen Sylvester Mascarenhas, Mr. Vibheeshana Rao Busurothu, and Mr. Narasimha Reddi Akkineni. Mrs. Uma Yelavarthy was stated to retire by rotation and offered herself for re-appointment. The company also disclosed that four board meetings were held during the year, with all directors attending all meetings. In addition, the company stated that results were reviewed by the Audit Committee and subsequently approved by the Board, aligning with standard corporate governance process.

Trading status on BSE and market implications

The company disclosed that trading in its equity shares remains suspended on BSE Limited. A suspension can limit regular price discovery and restrict investors from buying or selling through the exchange during the suspension period. In this context, investors may track corporate filings closely for clarity on financial position, governance compliance, and any operational developments. The company’s disclosures, including Board meeting outcomes and AGM process timelines, therefore become key reference points.

Key facts at a glance

Takeaway and what to watch next

The October 21, 2026 Board meeting centered on approving unaudited results for the quarter ended September 30, 2026 and confirming compliance steps such as the trading window closure up to October 23, 2026. The FY26 disclosures cited continuing losses and highlighted that the plant remains non-operational with administrative expenses contributing to the loss. Shareholders also had a clear AGM schedule with a record date and defined e-voting window. The next concrete datapoint for investors will be the unaudited quarterly results approved for the period ended September 30, 2026 as disclosed through the company’s filings.