Board approved audited FY26 results and a capital reduction scheme to extinguish accumulated losses by reducing paid-up capital from ₹4.20 crore to ₹58.82 lakh.
Company reported a net loss of ₹23.34 lakh for FY26, with accumulated losses eroding net worth, necessitating the balance sheet restructuring.
An EGM is scheduled for May 15, 2026, to seek shareholder approval for the capital reduction, which requires NCLT sanction.
Auditors issued an unmodified opinion on the standalone financial statements, confirming compliance with Ind AS and the Companies Act.