The Board considered and approved the following matters:

1. Resignation of Director

  • Noted the resignation of Mr. Parin Shirishkumar Bhavsar (DIN: 09134264) from the post of Non-Executive and Independent Director effective 12th August, 2026.
  • The resignation was due to pre-occupancy as stated in his resignation letter.
  • Mr. Bhavsar confirmed no other material reasons for resignation beyond those provided.
  • He holds no directorships or committee memberships in other listed entities.

2. Appointment of New Director

  • Appointed Ms. Neha Singhal (DIN: 11766064) as Additional Non-Executive Independent Director effective 12th August, 2026.
  • Ms. Singhal is an experienced Company Secretary with over a decade of leadership in corporate governance and regulatory compliance.
  • She is not related to any existing Director of the Company.
  • She is not debarred from holding director office pursuant to any SEBI order or other authority.

3. Committee Reconstitutions

Effective 12th August, 2026, the Board reconstituted three key committees:

Audit Committee:

  • Chairperson: Ms. Chetna (Non-Executive Independent Director)
  • Member: Ms. Neha Singhal (Non-Executive Independent Director)
  • Member: Mr. Dinesh Gohel (Non-Executive - Non-Independent Director)

Nomination and Remuneration Committee:

  • Chairperson: Ms. Chetna (Non-Executive Independent Director)
  • Member: Ms. Neha Singhal (Non-Executive Independent Director)
  • Member: Mr. Dinesh Gohel (Non-Executive - Non-Independent Director)

Stakeholders' Relationship Committee:

  • Chairperson: Mr. Dinesh Gohel (Non-Executive - Non-Independent Director)
  • Member: Ms. Chetna (Non-Executive Independent Director)
  • Member: Ms. Neha Singhal (Non-Executive Independent Director)

4. Internal Auditor Appointment

  • Appointed M/s. Sarang Shivajirao Chavan & Associates, Chartered Accountants (FRN: 159649W), Ahmedabad as Internal Auditor for Financial Year 2026-27 effective 12th August, 2026.
  • The firm specializes in Statutory Audit, Tax Audit, Internal Audit, GST Compliance, and Company Law Matters.

5. Unaudited Financial Results for Q1 FY27

Approved the Unaudited Financial Results for the quarter ended 30th June, 2026 along with Limited Review Report:

Financial Highlights (₹ in lakh):

  • Revenue from operations: 71.35 (vs. 440.71 in Q1 FY26)
  • Total Income: 71.36 (vs. 440.71 in Q1 FY26)
  • Total Expenses: 64.76 (vs. 399.07 in Q1 FY26)
  • Profit before tax: 6.60 (vs. 41.64 in Q1 FY26)
  • Tax expense: 1.66
  • Profit for the period: 4.94 (vs. 41.64 in Q1 FY26)
  • Basic EPS: 0.00 (vs. -3.47 in Q1 FY26)
  • Diluted EPS: 0.00 (vs. -3.47 in Q1 FY26)
  • Paid up equity share capital: 3,331.70 (Face value of ₹1 each)

Comparative Figures:

  • Previous quarter (Q4 FY26): Loss of ₹219.69 lakh
  • Previous year same quarter (Q1 FY26): Profit of ₹41.64 lakh
  • Full year FY26: Profit of ₹400.32 lakh

6. Auditor's Review Report

M/s. MA A K & Associates (Chartered Accountants, FRN: 135024W) issued a Limited Review Report with:

Emphasis of Matter:

  • Closing stock calculated and certified by management only, with no basis of calculation provided to auditors.

Qualified Opinion:

  • Balance confirmations or details for trade receivable, trade payable & loans and advances not provided to auditors.
  • Unable to confirm balances and nature of transactions for these items.

The disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.